Application of Moneys Collected. Any moneys collected by the Trustee pursuant to this Article with respect to a particular series of Securities and any money or other property distributable in respect of the company’s obligations under this Indenture after an Event of Default 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 premium, if any) or interest, upon presentation of the Securities of that series, and notation thereon of the payment, if only partially paid, and upon surrender thereof if fully paid:
Appears in 28 contracts
Sources: Indenture (Ads-Tec Energy Public LTD Co), Indenture (Ads-Tec Energy Public LTD Co), Indenture (PAVmed Inc.)