Common use of Retention of Money Clause in Contracts

Retention of Money. All moneys received by 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 in any manner from any other moneys (except to the extent required by law), and Trustee shall be under no liability for interest on any moneys received by it hereunder.

Appears in 7 contracts

Samples: Leasehold Deed of Trust, Security Agreement, Fixture Filing, and Assignment of Leases and Rents (Westway Group, Inc.), Leasehold Deed of Trust, Security Agreement, Fixture Filing, and Assignment of Leases and Rents (Westway Group, Inc.), Deed of Trust, Security Agreement, Fixture Filing, and Assignment of Leases and Rents (Westway Group, Inc.)

AutoNDA by SimpleDocs

Retention of Money. All moneys money received by the Trustee shallmust, until used or applied as herein providedapplied, be held in trust for the purposes for which they were it was received, but need not be segregated in any manner from any other moneys money (except to the extent required by law), ) and the Trustee shall be under will have no liability for interest on any moneys received by it hereundermoney received.

Appears in 7 contracts

Samples: Deed of Trust, Security Agreement and Fixture Filing, Deed of Trust, Security Agreement and Fixture Filing (RREEF Property Trust, Inc.), Deed of Trust, Security Agreement and Fixture Filing (AmREIT, Inc.)

Retention of Money. All moneys received by 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 in any manner from any other moneys (except to the extent required by law), and Trustee shall be under no liability for interest on any moneys received by it her hereunder.

Appears in 6 contracts

Samples: First Lien Indemnity Deed of Trust (Green Plains Inc.), First Lien Deed of Trust (Green Plains Inc.), First Lien Deed of Trust (Green Plains Inc.)

Retention of Money. All moneys received by 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 in any manner from any other moneys (except to the extent required by law), Applicable Law) and Trustee shall be under no liability for interest on any moneys received by it Trustee hereunder.

Appears in 5 contracts

Samples: Mortgage (Deed of Trust), Deed of Trust and Security Agreement (Behringer Harvard Reit I Inc), Deed of Trust (FelCor Lodging Trust Inc)

Retention of Money. All moneys 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 in any manner from any other moneys (except to the extent required by applicable law), ) and the Trustee shall be under no liability for interest on any moneys received by it the Trustee hereunder.

Appears in 4 contracts

Samples: Deed of Trust, Security Agreement, Fixture Financing Statement and Assignment of Leases and Rents (NNN Apartment REIT, Inc.), Credit Agreement (Sanders Morris Harris Group Inc), Deed of Trust and Security Agreement (Behringer Harvard Reit I Inc)

Retention of Money. All moneys received by 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 in any manner from any other moneys (except to the extent required by law), applicable Law) and Trustee shall be under no liability for interest on any moneys received by it Trustee hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Powersecure International, Inc.), Credit Agreement (Powersecure International, Inc.), Term Credit Agreement (Powersecure International, Inc.)

Retention of Money. All moneys monies received by 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 in any manner from any other moneys (except to the extent required by law), and Trustee shall be under no liability for interest on any moneys received by it him hereunder.

Appears in 2 contracts

Samples: Line of Credit Deed of Trust (Erickson Air-Crane Inc.), Line of Credit Deed of Trust (Erickson Air-Crane Inc.)

Retention of Money. All moneys received by 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 in any manner from any other moneys (except to the extent required by law), and Trustee shall be under no liability for interest on any moneys received by it him or her hereunder.

Appears in 1 contract

Samples: Deed of Trust (Us Home Systems Inc /Tx)

AutoNDA by SimpleDocs

Retention of Money. All moneys received by Trustee shall, until used or applied as herein in this Security Instrument provided, be held in trust for the purposes for which they were received, but need not be segregated in any manner from any other moneys (except to the extent required by applicable law), ) and Trustee shall be under no liability for interest on any moneys received by it hereunderTrustee under this Security Instrument.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement

Retention of Money. All moneys received by 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 in any manner from any other moneys (except to the extent required by applicable law), ) and Trustee shall be under no liability for interest on any moneys received by it Trustee hereunder.. 20

Appears in 1 contract

Samples: Deed of Trust

Retention of Money. All moneys received by 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 in any manner from any other moneys (except to the extent required by 2281017_1.DOC law), and Trustee shall be under no liability for interest on any moneys received by it him hereunder.

Appears in 1 contract

Samples: Deed of Trust, Security Agreement and Fixture Filing (360 Global Wine Co)

Retention of Money. All moneys monies received by 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 in any manner from any other moneys (except to the extent required by law), applicable law and Trustee shall be under no liability for interest on any moneys received by it Trustee hereunder.

Appears in 1 contract

Samples: Purchase and Sales Agreement (Healthtech International Inc)

Retention of Money. All moneys received by Trustee shallwill, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated in any manner from any other moneys (except to the extent required by applicable law), ) and Trustee shall will be under no liability for interest on any moneys received by it Trustee hereunder.

Appears in 1 contract

Samples: Deed of Trust, Assignment of Leases and Rents, Security Agreement and Fixture Filing (KBS Real Estate Investment Trust III, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!