Moneys Held by Trustee. Subject to the provisions of Section 9.4, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. None of the Trustee, any Agent or any other agent of IRSA PC or the Trustee shall be under any liability for interest on or investment of any moneys received by it hereunder.
Appears in 2 contracts
Samples: Indenture (Irsa Investments & Representations Inc), Indenture (Irsa Propiedades Comerciales S.A.)
Moneys Held by Trustee. Subject to the provisions of Section Section 9.4, all moneys received by the Trustee hereunder shall, until used or applied as herein provided, be held in trust as provided in the Trust Indenture Act for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. None of Neither the Trustee, Trustee nor any Agent or any other agent of IRSA PC or the Trustee shall be under any liability for interest on or investment of any moneys received by it hereunder.
Appears in 2 contracts
Samples: Indenture (Cresud Inc), Indenture (Irsa Investments & Representations Inc)
Moneys Held by Trustee. Subject to the provisions of Section Section 9.4, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. None of the Trustee, any Agent or any other agent of IRSA PC or the Trustee shall be under any liability for interest on or investment of any moneys received by it hereunder.
Appears in 2 contracts
Samples: Indenture (Irsa Propiedades Comerciales S.A.), Indenture (Irsa Propiedades Comerciales S.A.)
Moneys Held by Trustee. Subject to the provisions of Section Section 9.4, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust as provided in the Trust Indenture Act for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. None of Neither the Trustee, Trustee nor any Agent or any other agent of IRSA PC or the Trustee shall be under any liability for interest on or investment of any moneys received by it hereunder.
Appears in 1 contract
