Trust Funds. In the event that any party hereto should receive any funds that are to be paid to another party pursuant to the terms of this Agreement, then the receiving party shall hold such funds in trust for the benefit of the party entitled to receive such funds and shall promptly pay such funds to the party entitled to receive such funds in accordance with this Agreement.
Appears in 50 contracts
Samples: Stockholders' Agreement (Usa Interactive), Stockholders Agreement (Pinnacle Entertainment Inc), Stockholders Agreement (American Real Estate Partners L P)
Trust Funds. In the event that If any party hereto should receive any funds that are to be paid to another party pursuant to the terms of this Agreement, then the receiving party shall will hold such funds in trust for the benefit of the party entitled to receive such funds and shall will promptly pay such funds to the party entitled to receive such funds in accordance with this Agreement.
Appears in 2 contracts
Samples: Stockholder Voting and Support Agreement (Ackerley Group Inc), Stockholder Voting and Support Agreement (Clear Channel Communications Inc)
