Payments Deemed Held in Trust Any Holder who receives a payment on a Note while an Event of Default remains in effect with respect to such Note in excess of the amount such Holder should have received shall be deemed to be holding such excess in trust for the benefit of other Holders and the Representative, and shall return such excess on demand.
Application of Trust Money The Trustee shall hold in trust money or U.S. Government Obligations deposited with it pursuant to this Article 8. It shall apply the deposited money and the money from U.S. Government Obligations through the Paying Agent and in accordance with this Indenture to the payment of principal of and interest on the Securities.
Use of Information Collected The Carrot Underground may collect and may make use of personal information to assist in the operation of our website and to ensure delivery of the services you need and request. At times, we may find it necessary to use personally identifiable information as a means to keep you informed of other possible products and/or services that may be available to you from xxxxx://xxxxxxxxxxxxxxxxxxxx.xxx. The Carrot Underground may also be in contact with you with regards to completing surveys and/or research questionnaires related to your opinion of current or potential future services that may be offered. The Carrot Underground does not now, nor will it in the future, sell, rent or lease any of its customer lists and/or names to any third parties. The Carrot Underground, may feel it necessary, from time to time, to make contact with you on behalf of our other external business partners with regards to a potential new offer which may be of interest to you. If you consent or show interest in presented offers, then, at that time, specific identifiable information, such as name, email address and/or telephone number, may be shared with the third party. The Carrot Underground may deem it necessary to follow websites and/or pages that their users may frequent in an effort to glean what types of services and/or products may be the most popular to customers or the general public. The Carrot Underground may disclose your personal information, without any prior notice to you, unless required to do in accordance to applicable laws and/or in a good faith belief that such action is deemed necessary or required in an effort to: - Remain in conformance with any decrees, laws and/or statutes or in an effort to comply with any process which may be served upon The Carrot Underground and/or its website; - Maintain, safeguard and/or preserve all the rights and/or property of The Carrot Underground; and - Perform under demanding conditions in an effort to safeguard the personal safety of users of xxxxx://xxxxxxxxxxxxxxxxxxxx.xxxxxx/xx the general public.
Trust Accounts (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and, to the extent set forth herein, the Certificateholder, the Collection Account as provided in Section 5.01 of the Sale and Servicing Agreement.
