No Segregation of Moneys; No Interest. Except as otherwise provided herein or in any of the other Operative Agreements, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law, and may be deposited under such general conditions as may be prescribed by law, and neither Trust Company nor the Owner Trustee shall be liable for any interest thereon, except as may be agreed to in writing by the Owner Trustee or the Trust Company.
Appears in 8 contracts
Samples: Credit Agreement (Correctional Services Corp), Trust Agreement (Shurgard Storage Centers Inc), Trust Agreement (Guilford Pharmaceuticals Inc)
No Segregation of Moneys; No Interest. Except as otherwise ------------------------------------- provided herein herein, in any other Operative Document or in any of written instructions from the other Operative AgreementsOwner Participant, moneys received by the any Owner Trustee hereunder need not be segregated segre- gated in any manner except to the extent required by law, and may be deposited under such general conditions as may be prescribed by law, and neither Trust Company nor the such Owner Trustee shall not be liable for any interest thereon, except as may be agreed to in writing by the Owner Trustee or the Trust Company.
Appears in 2 contracts
Samples: Declaration and Agreement (Mobil Corp), Declaration and Agreement (Mobil Corp)
No Segregation of Moneys; No Interest. Except as otherwise provided herein or in any of the other Operative AgreementsIndenture or as otherwise directed in writing by the Owners, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law, law and may be deposited under such general conditions as may be prescribed by law, and neither Trust Company nor the Owner Trustee nor the Bank shall be liable for to pay the Owners any interest thereon, except as may be agreed to in writing by the Owner Trustee or the Trust Company.
Appears in 2 contracts
Samples: Trust Agreement (Mid-State Homes Inc), Trust Agreement (Mid State Trust Vi)
No Segregation of Moneys; No Interest. Except as otherwise provided herein or in any of the other Operative Agreements, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by lawLaw, and may be deposited under such general conditions as may be prescribed by lawLaw, and neither Trust Company nor the Owner Trustee shall be liable for any interest thereon, except as may be agreed to in writing by the Owner Trustee or the Trust Company.
Appears in 2 contracts
Samples: Trust Agreement (Sabre Holdings Corp), Trust Agreement (Sabre Holdings Corp)
No Segregation of Moneys; No Interest. Except as otherwise ------------------------------------- provided herein herein, in any other Operative Document or in any of written instructions from the other Operative AgreementsOwner Participant, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law, and may be deposited under such general conditions as may be prescribed by law, and neither Trust Company nor the Owner Trustee shall not be liable for any interest thereon, except as may be agreed to in writing by the Owner Trustee or the Trust Company.
Appears in 2 contracts
Samples: Trust Agreement (Mobil Corp), Trust Agreement (Mobil Corp)
No Segregation of Moneys; No Interest. Except as otherwise provided herein or in any of the other Operative Agreements, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law, and may be deposited under such general conditions as may be prescribed by law, and neither Trust Company nor the Owner Trustee shall be liable for any interest thereon, except as may be agreed to in writing by Trust Company or the Owner Trustee or the Trust CompanyTrustee.
Appears in 2 contracts
Samples: Trust Agreement (Wackenhut Corrections Corp), Trust Agreement (Wackenhut Corrections Corp)
No Segregation of Moneys; No Interest. Except as otherwise provided herein or in any of the other Operative AgreementsIndenture, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law, law and may be deposited under such general conditions as may be prescribed by law, and neither Trust Company nor the Owner Trustee nor WTC shall be liable for any interest thereon, except as may be agreed to in writing by the Owner Trustee or the Trust Company.
Appears in 1 contract
No Segregation of Moneys; No Interest. Except as otherwise provided herein or in any of the other Operative Agreements, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law, law and may be deposited under such general conditions as may be prescribed by law, and neither Trust Company nor the Owner Trustee shall be liable for any interest thereon, except as may be agreed to in writing by the Owner Trustee or the Trust Company.
Appears in 1 contract
No Segregation of Moneys; No Interest. Except as otherwise provided herein or in any of the other Operative Agreements, moneys Moneys received by the Owner Trustee or the Trust hereunder need not be segregated in any manner except to the extent required by lawlaw or any Transaction Document, and may be deposited under such general conditions as may be prescribed by law, and neither Trust Company nor the Owner Trustee (as such or in its individual capacity) shall not be liable for any interest thereon, except as may be agreed to in writing by the Owner Trustee or the Trust Company.
Appears in 1 contract
No Segregation of Moneys; No Interest. Except as otherwise provided herein or in any of the other Operative AgreementsIndenture, moneys received by the Owner Trustee hereunder need not be segregated in any manner except to the extent required by law, law and may be deposited under such general conditions as may be prescribed by law, and neither Trust Company nor the Owner Trustee nor the Bank shall be liable for any interest thereon, except as may be agreed to in writing by the Owner Trustee or the Trust Company.
Appears in 1 contract
Samples: Deposit Trust Agreement (American Residential Eagle Inc)