Common use of Retention of Moneys Clause in Contracts

Retention of Moneys. 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 him hereunder.

Appears in 18 contracts

Samples: Trust and Security Agreement (Sterling Construction Co Inc), Trust and Security Agreement (Sterling Construction Co Inc), Trust and Security Agreement (Sterling Construction Co Inc)

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Retention of Moneys. 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 law) and the Trustee shall be under no liability for interest on any moneys received by him hereunder.

Appears in 16 contracts

Samples: Credit Agreement (Talos Energy Inc.), Credit Agreement, Collateral Agency Agreement (California Resources Corp)

Retention of Moneys. 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 him hereunder.

Appears in 14 contracts

Samples: Loan and Security Agreement (Sterling Construction Co Inc), Collateral Security Agreement and Financing (Energy Hunter Resources, Inc.), Option Agreement And

Retention of Moneys. 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 him Trustee hereunder.

Appears in 9 contracts

Samples: Security Agreement and Fixture (Gsi Group Inc), Security Agreement and Fixture Filing (Gsi Group Inc), Lakes Entertainment Inc

Retention of Moneys. 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 lawapplicable Laws) and Trustee shall be under no liability for interest on any moneys received by him it hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Mueller Water Products, Inc.), Assignment and Assumption (Mueller Water Products, Inc.)

Retention of Moneys. 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, 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 him hereunder.

Appears in 1 contract

Samples: Loan Agreement

Retention of Moneys. 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 law) and the Trustee shall be under no liability for interest on any moneys received by him or her hereunder.

Appears in 1 contract

Samples: Prairie Operating Co.

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Retention of Moneys. All moneys received by Deed 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 Deed Trustee shall be under no liability for interest on any moneys received by him hereunder.

Appears in 1 contract

Samples: HWCC Shreveport Inc

Retention of Moneys. 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 him hereunder.

Appears in 1 contract

Samples: Credit Agreement (Energy & Exploration Partners, Inc.)

Retention of Moneys. All moneys received by the Deed 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 the Deed Trustee shall be under no liability for interest on any moneys received by him it hereunder.

Appears in 1 contract

Samples: General Growth Properties Inc

Retention of Moneys. 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 him hereunder.

Appears in 1 contract

Samples: Credit Agreement (Brigham Exploration Co)

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