Common use of Monies and Common Shares to Be Held in Trust Clause in Contracts

Monies and Common Shares to Be Held in Trust. All monies and Common Shares 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 Common Shares held by the Trustee in trust hereunder 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 or Common Shares received by it hereunder except as may be agreed from time to time by the Company and the Trustee.

Appears in 16 contracts

Samples: Indenture (Federal Realty OP LP), Indenture (INVACARE HOLDINGS Corp), Indenture (INVACARE HOLDINGS Corp)

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Monies and Common Shares to Be Held in Trust. All monies and Common Shares 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 Common Shares held by the Trustee in trust hereunder 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 or Common Shares received by it them hereunder except as may be agreed from time to time by the Company and the Trustee.

Appears in 2 contracts

Samples: Indenture, Indenture

Monies and Common Shares to Be Held in Trust. All monies and Common Shares received by the Trustee Trustees shall, until used or applied as herein provided, be held in trust for the purposes for which they were received. Money and Common Shares held by the Trustee Trustees in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee Trustees shall be under no liability for interest on any money or Common Shares received by it them hereunder except as may be agreed from time to time by the Company and the TrusteeTrustees.

Appears in 2 contracts

Samples: Indenture (Canopy Growth Corp), Indenture (Canopy Growth Corp)

Monies and Common Shares to Be Held in Trust. All monies and shares of Common Shares Stock 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 shares of Common Shares Stock held by the Trustee in trust hereunder 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 or shares of Common Shares Stock received by it hereunder except as may be agreed from time to time by the Company and the Trustee.

Appears in 1 contract

Samples: Indenture (Nextnav Inc.)

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Monies and Common Shares to Be Held in Trust. All monies and Common Shares 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 Common Shares held by the Trustee in trust hereunder 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 or Common Shares received by it the Trustee hereunder except as may be agreed from time to time by the Company and the Trustee.

Appears in 1 contract

Samples: Indenture (Aurora Cannabis Inc)

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