Moneys to be Held in Trust. All moneys received by the Corporate Trustee under or pursuant to any provision of this Agreement or any Security Document shall be held in trust for the purposes for which they were paid or are held. The Individual Trustee shall promptly turn over to the Corporate Trustee any Collateral, or any part thereof, delivered to or received by the Individual Trustee.
Appears in 5 contracts
Samples: Collateral Trust Agreement (CONSOL Energy Inc), Collateral Trust Agreement (CNX Gas Corp), Security Agreement (Consol Energy Inc)
Moneys to be Held in Trust. All moneys received by the Corporate Trustee under or pursuant to any provision of this Agreement or any Security Collateral Document shall be segregated and held in trust for the purposes for which they were paid or are heldheld and the Corporate Trustee shall exercise ordinary care in the handling of any such moneys actually received by it. The Individual Trustee shall promptly turn over to the Corporate Trustee any Collateral, or any part thereof, delivered to or received by the Individual Trustee.
Appears in 2 contracts
Samples: Collateral Trust Agreement (Us Industries Inc /De), Collateral Trust Agreement (Us Industries Inc /De)
Moneys to be Held in Trust. All moneys received by the Corporate Trustee under or pursuant to any provision of this Agreement or any Security Shared Collateral Document shall be segregated and held in trust for the purposes for which they were paid or are heldheld and the Corporate Trustee shall exercise ordinary care in the handling of any such moneys actually received by it. The Individual Trustee shall promptly turn over to the Corporate Trustee any Collateral, or any part thereof, delivered to or received by the Individual Trustee.
Appears in 2 contracts
Samples: Collateral Trust Agreement (Pacificare Health Systems Inc /De/), Credit Agreement (Pacificare Health Systems Inc /De/)
Moneys to be Held in Trust. All moneys received by the Corporate Trustee under or pursuant to any provision of this Agreement or any Security other Collateral Document shall be segregated and held in trust for the purposes for which they were paid or are held, and the Corporate Trustee shall exercise ordinary care in the handling of any such moneys actually received by it. The Individual Trustee shall promptly turn over to the Corporate Trustee any Collateral, or any part thereof, delivered to to, or received by by, the Individual Trustee.
Appears in 1 contract
Samples: Credit Agreement (Dynegy Inc.)
Moneys to be Held in Trust. All moneys received by the Corporate Trustee under or pursuant to any provision of this Agreement or any Security other Shared Collateral Document shall be segregated and held in trust for the purposes for which they were paid or are heldheld and the Corporate Trustee shall exercise ordinary care in the handling of any such moneys actually received by it. The Individual Trustee shall promptly turn over to the Corporate Trustee any Collateral, or any part thereof, delivered to or received by the Individual Trustee.
Appears in 1 contract
Moneys to be Held in Trust. All moneys received by the Corporate Trustee under or pursuant to any provision of this Agreement or any Security other Shared Collateral Document shall be segregated and held in trust for the purposes for which they were paid or are held, and the Corporate Trustee shall exercise ordinary care in the handling of any such moneys actually received by it. The Individual Trustee shall promptly turn over to the Corporate Trustee any Shared Collateral, or any part thereof, delivered to to, or received by by, the Individual Trustee.
Appears in 1 contract
Samples: Trust and Intercreditor Agreement (Dynegy Inc /Il/)
