Common use of Moneys for Payments in Respect of Notes to be Held in Trust Clause in Contracts

Moneys for Payments in Respect of Notes to be Held in Trust. In case the Holder of any Note shall fail to present the same for payment on any date on which the principal thereof or interest thereon becomes payable, the Indenture Trustee may set aside in trust the moneys then due thereon uninvested and shall pay such moneys to the Holder of such Note or such Person upon due presentation or surrender thereof in accordance with the provisions of this Indenture, subject always however, to the provisions of Sections 3.8 and 11.2.

Moneys for Payments in Respect of Notes to be Held in Trust. In case the Holder of any Secured Note shall fail to present the same for payment on any date on which the principal thereof or interest thereon becomes payable, the Indenture Trustee may set aside in trust the moneys then due thereon uninvested and shall pay such moneys to the any Holder of such Secured Note or such Person upon due presentation or for surrender thereof in accordance with the provisions of this Indenture, subject always however, to the provisions of Sections 3.8 and 11.2Section 7.09.

Moneys for Payments in Respect of Notes to be Held in Trust. In case the Holder of any Note shall fail to present the same for payment on any date on which the principal thereof or interest thereon becomes payable, the Indenture Trustee may set aside in trust the moneys then due thereon uninvested and shall pay such moneys to the Holder of such Note or such Person upon due presentation or surrender thereof in accordance with the provisions of this Indenture, subject always always, however, to the provisions of Sections 3.8 and 11.2.

Moneys for Payments in Respect of Notes to be Held in Trust. In case the Holder of any Note shall fail to present the same for payment on any date on which the principal thereof or interest thereon becomes payable, the Indenture Trustee may set Set aside in trust the moneys then due thereon uninvested and shall pay such moneys to the Holder of such Note or such Person upon due presentation or surrender thereof in accordance with the provisions of this IndentureIndenture,'subject always, subject always however, to the provisions of Sections 3.8 and 11.2.