Common use of Application of Moneys Collected Clause in Contracts

Application of Moneys Collected. Any moneys collected by the Trustee pursuant to this Article VII with respect to the Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys on account of principal or interest, upon presentation of the Debentures, and notation thereon the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 22 contracts

Sources: Indenture (1st Source Capital Trust Ii), Indenture (CNB Holdings Inc /Ga/), Indenture (Bankunited Capital Ii)

Application of Moneys Collected. Any moneys collected by the Trustee pursuant to this Article VII with respect to the Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys on account of principal or interest, upon presentation of the Debentures, and notation thereon of the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 22 contracts

Sources: Indenture (Independent Capital Trust), Indenture (Southwest Bancorp Inc), Indenture (Metropolitan Financial Corp /Oh/)

Application of Moneys Collected. Any moneys or other assets collected by the Trustee pursuant to this Article VII with respect to the Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys or other assets on account of principal or interest, upon presentation of the Debentures, and notation thereon of the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 15 contracts

Sources: Indenture (S.Y. Bancorp Capital Trust II), Indenture (S Y Bancorp Inc), Indenture (Itla Capital Corp)

Application of Moneys Collected. Any moneys collected by the Trustee pursuant to this Article VII with respect to the Junior Subordinated Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys on account of principal or interest, upon presentation of the Junior Subordinated Debentures, and notation thereon the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 6 contracts

Sources: Subordinated Indenture (BVBC Capital Trust I), Subordinated Indenture (Community First Bankshares Inc), Subordinated Indenture (Community First Bankshares Inc)

Application of Moneys Collected. Any moneys or other assets collected by the Trustee pursuant to this Article VII VIII with respect to the Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys or other assets on account of principal or interest, upon presentation of the Debentures, and notation thereon the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 5 contracts

Sources: Indenture (Ifc Capital Trust Ii), Debenture Indenture (Americredit Capital Trust I), Indenture (Greater Atlantic Financial Corp)

Application of Moneys Collected. Any moneys or other assets collected or to be applied by the Trustee pursuant to this Article VII with respect to the Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys or other assets on account of principal or interest, upon presentation of the Debentures, and notation thereon of the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 5 contracts

Sources: Indenture (Great Southern Capital Trust IV), Indenture (Capitol Trust Xv), Indenture (First Financial Capital Trust II)

Application of Moneys Collected. Any moneys or other assets ------------------------------- collected by the Trustee pursuant to this Article VII with respect to the Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys or other assets on account of principal or interest, upon presentation of the Debentures, and notation thereon of the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 2 contracts

Sources: Indenture (Abc Bancorp Capital Trust I), Indenture (Abc Bancorp Capital Trust I)

Application of Moneys Collected. Any moneys collected by the Trustee pursuant to this Article VII with respect to the Debentures shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such moneys on account of principal or interest, upon presentation of the Debentures, and notation thereon the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 1 contract

Sources: Indenture (Southside Capital Trust I)