Moneys Received by Trustee to Be Held in Trust. Moneys held by the Trustee in trust 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 money received by it hereunder except as otherwise agreed with the Company.
Appears in 15 contracts
Samples: Senior Indenture (Achieve Life Sciences, Inc.), Senior Indenture (Biolife Solutions Inc), Senior Indenture (Oncogenex Pharmaceuticals, Inc.)
Moneys Received by Trustee to Be Held in Trust. Moneys held ---------------------------------------------- by the Trustee in trust 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 money received by it hereunder except as otherwise agreed with the Company.
Appears in 2 contracts
Samples: Senior Indenture (Exodus Communications Inc), Subordinated Indenture (Exodus Communications Inc)
Moneys Received by Trustee to Be Held in Trust. Moneys held 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 funds, except to the extent required by law. The Trustee shall be under no liability for interest on any money moneys received by it hereunder except as otherwise agreed with the Companyhereunder.
Appears in 1 contract
Samples: Indenture (KFX Inc)
Moneys Received by Trustee to Be Held in Trust. Moneys held ---------------------------------------------- by the Trustee Trustee, in trust 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 money received by it hereunder except as otherwise agreed with the Company.
Appears in 1 contract
