Monies and ADSs to Be Held in Trust. All monies and ADSs received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received. Money and ADSs held by the Trustee in trust or by the Paying Agent hereunder need not be segregated from other funds or property except to the extent required by law. Neither the Trustee nor the Paying Agent shall be under any liability for interest on any money or ADSs received by it hereunder.
Appears in 14 contracts
Samples: Indenture (iQIYI, Inc.), Indenture (iQIYI, Inc.), Indenture (Baidu, Inc.)
Monies and ADSs to Be Held in Trust. All monies and ADSs received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received. Money and ADSs held by the Trustee in trust or by the Paying Agent hereunder need not be segregated from other funds or property except to the extent required by law. Neither the Trustee nor the Paying Agent shall be under any liability for interest on any money or ADSs received by it hereunder.
Appears in 12 contracts
Samples: Indenture (Trip.com Group LTD), Indenture (Ctrip Com International LTD), Indenture (Ctrip Com International LTD)
Monies and ADSs to Be Held in Trust. All monies and ADSs received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received. Money and ADSs held by the Trustee in trust or by the Paying Agent hereunder need not be segregated from other funds or property except to the extent required by law. Neither the The Trustee nor the Paying Agent shall be under any no liability for interest on any money or ADSs received by it hereunderhereunder except as may be agreed from time to time by the Company and the Trustee.
Appears in 9 contracts
Samples: Indenture (Immunocore Holdings PLC), Indenture (Avadel Pharmaceuticals PLC), Indenture (Avadel Pharmaceuticals PLC)
Monies and ADSs to Be Held in Trust. All monies and ADSs received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received. Money and ADSs held by the Trustee in trust or by the Paying Agent hereunder need not be segregated from other funds or property except to the extent required by lawlaw or as expressly provided herein. Neither the The Trustee nor the Paying Agent shall be under any no liability for interest on any money or ADSs received by it hereunderhereunder except as may be agreed from time to time by the Company and the Trustee.
Appears in 1 contract
Samples: Indenture (NICE Ltd.)
