Monies Held in Trust. Subject to the provisions of Section 11.04, all monies 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 except to the extent required by law. The Trustee shall be under no liability for interest on any monies received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 3 contracts
Sources: Senior Note Indenture (Anthem Inc), Senior Note Indenture (Anthem Inc), Subordinated Note Indenture (Anthem Inc)
Monies Held in Trust. Subject to the provisions of Section 11.0411.05, all monies 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 except to the extent required by law. The Trustee shall be under no liability for interest on any monies received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 2 contracts
Sources: Indenture (Agfeed Industries, Inc), Indenture (Agfeed Industries, Inc)
Monies Held in Trust. Subject to the provisions of Section 11.0413.5, all monies 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 except to the extent required by law. The Trustee shall be under no liability for interest on any monies received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 1 contract
Sources: Indenture (Pikeville National Corp)