Common use of Monies Held in Trust Clause in Contracts

Monies Held in Trust. Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by Applicable Law. The Trustee shall be under no liability for interest on any money or the management of money received by it hereunder except as otherwise agreed in writing with the Issuer.

Appears in 3 contracts

Samples: Indenture, Indenture, Indenture

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Monies Held in Trust. Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by Applicable Law. The Trustee shall be under no liability for interest on any money or the management of money received by it hereunder except as otherwise agreed in writing with the Issuer.Issuer.β€Œ

Appears in 2 contracts

Samples: Indenture, Indenture

Monies Held in Trust. Money held by the Bond Trustee in trust hereunder need not be segregated from other funds except to the extent required by Applicable Law. The Bond Trustee shall be under no liability for interest on any money or the management of money received by it hereunder except as otherwise agreed in writing with the IssuerFunding Company.

Appears in 1 contract

Samples: Trust Indenture (New World Power Texas Renewable Energy Limited Partnership)

Monies Held in Trust. Money held by the Bond Trustee in trust hereunder need not be segregated from other funds except to the extent required by Applicable Law. The Bond Trustee shall be under no liability for interest on any money or the management of money received by it hereunder except as otherwise agreed in writing with the Issuer.

Appears in 1 contract

Samples: Trust Indenture (Louisiana Generating LLC)

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Monies Held in Trust. Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by Applicable Law. The Trustee shall be under no liability for interest on any money or the management of money received by it hereunder except as otherwise agreed in writing with the IssuerCE Generation.

Appears in 1 contract

Samples: Indenture (Ce Generation LLC)

Monies Held in Trust. Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by Applicable Law. The Trustee shall be under no liability for interest on any money or the management of money received by it hereunder except as otherwise agreed in writing with the IssuerPartnership.

Appears in 1 contract

Samples: Trust Indenture (Tenaska Georgia Partners Lp)

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