Common use of Moneys Held in Trust Clause in Contracts

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers to pay thereon.

Appears in 7 contracts

Samples: Fourth Supplemental Indenture (CyrusOne Inc.), Second Supplemental Indenture (CyrusOne Inc.), First Supplemental Indenture (CyrusOne Inc.)

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Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 14.5, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers Company to pay thereon.

Appears in 5 contracts

Samples: Indenture (Tompkins Financial Corp), Indenture (Ifc Capital Trust Ii), Indenture (Southside Capital Trust Ii)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held held, uninvested, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers Company to pay thereon.

Appears in 4 contracts

Samples: Subordinated Indenture (Equitable Holdings, Inc.), Junior Subordinated Indenture (Equitable Holdings, Inc.), Indenture (AXA Equitable Holdings, Inc.)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 10.05, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers Company to pay thereon.

Appears in 4 contracts

Samples: Indenture (Pike Corp), Indenture (Pike Corp), Indenture (Pike Equipment & Supply Company, LLC)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 11.04, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers Company to pay thereon.

Appears in 4 contracts

Samples: Indenture (Sunsource Inc), Indenture (Sunsource Inc), Indenture (Anadigics Inc)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 11.05, 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. The Neither the Trustee nor any agent of the Company or the Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers Company to pay thereon.

Appears in 4 contracts

Samples: Indenture (American Equity Investment Life Holding Co), Indenture (American Equity Investment Life Holding Co), Indenture (American Equity Investment Life Holding Co)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 11.06, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers Company to pay thereon.

Appears in 3 contracts

Samples: Indenture (Computer Sciences Corp), Indenture (Computer Sciences Corp), Indenture (Stanley Works)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 12.05, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers Company to pay thereon.

Appears in 3 contracts

Samples: Indenture (Nutrition & Biosciences, Inc.), Indenture (International Flavors & Fragrances Inc), Indenture (Consol Energy Inc)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 11.05, 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. The Trustee shall not be under no liability liable for interest on any moneys received held by it hereunder except such as it may otherwise agree with the Issuers to pay thereonCompany.

Appears in 2 contracts

Samples: Indenture (Exelon Corp), Indenture (Exelon Corp)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 8.5, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Issuers Company to pay thereon.

Appears in 2 contracts

Samples: Indenture (Rayonier Inc), Indenture (Skyworks Solutions Inc)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section -------------------- 13.5, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Issuers Company to pay thereon.

Appears in 2 contracts

Samples: Indenture (Abc Bancorp Capital Trust I), Indenture (Abc Bancorp Capital Trust I)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section -------------------- 13.5, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers Company to pay thereon.

Appears in 1 contract

Samples: Indenture (Ctbi Preferred Capital Trust Ii)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 11.04, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers Company in writing to pay thereon.

Appears in 1 contract

Samples: Indenture (Lesaka Technologies Inc)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 11.5, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree to in writing with the Issuers Company to pay thereon.

Appears in 1 contract

Samples: Indenture (Rigel Pharmaceuticals Inc)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 14.5, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Issuers Company to pay thereon.

Appears in 1 contract

Samples: Indenture (Greater Atlantic Financial Corp)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7, all moneys received by the Trustee or the Paying Agent 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. The Trustee and the Paying Agent shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers to pay thereon.

Appears in 1 contract

Samples: Third Supplemental Indenture (CyrusOne Inc.)

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Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 11.05, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers to pay thereon.

Appears in 1 contract

Samples: Indenture (American Realty Capital Properties, Inc.)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 11.05, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may expressly agree with the Issuers Company in writing to pay thereon.

Appears in 1 contract

Samples: Indenture (Steelcase Inc)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 Section 11.05 and 12.7Section 4.08, all moneys received by the Trustee shall, until used or applied as herein provided, be held un-invested 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers Company to pay thereon.

Appears in 1 contract

Samples: Indenture (Lighthouse Life Capital, LLC)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 6.01(c), 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Issuers Company to pay thereon.

Appears in 1 contract

Samples: Indenture (Evergreen Energy Inc)

Moneys Held in Trust. ​ Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 11.05, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Issuers Company to pay thereon.

Appears in 1 contract

Samples: Indenture (Butterfly Network, Inc.)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 11.05, 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. The -27- Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers Company to pay thereon.

Appears in 1 contract

Samples: Senior Indenture (Staples Inc)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 Section 8.06 and 12.7Section 10.03, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers Company to pay thereon.

Appears in 1 contract

Samples: Indenture (Geo Group Inc)

Moneys Held in Trust. Subject to the provisions of Sections 11.210.2, 12.511.5, 12.6 11.6 and 12.711.7, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers Company to pay thereon.

Appears in 1 contract

Samples: First Supplemental Indenture (NexPoint Real Estate Finance, Inc.)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 11.05, 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. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Issuers Issuer and the Guarantor to pay thereon.

Appears in 1 contract

Samples: Indenture (Consumers Energy Co)

Moneys Held in Trust. Subject to the provisions of Sections 11.2, 12.5, 12.6 and 12.7Section 8.4., 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 mandatory provisions of law. The Neither the Trustee nor any agent of the Issuer or the Trustee shall be under no any liability for interest on or investment of any moneys received by it hereunder except such as it may agree otherwise agreed upon with the Issuers to pay thereonIssuer.

Appears in 1 contract

Samples: Indenture (Metrogas Inc)

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