Common use of Application of Monies Collected by Trustee Clause in Contracts

Application of Monies Collected by Trustee. Any monies collected by the Trustee pursuant to this Article Seven shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such monies, upon presentation of the several Debentures, and stamping thereon the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 2 contracts

Sources: Indenture (Silicon Graphics Inc /Ca/), Indenture (Schuler Holdings Inc)

Application of Monies Collected by Trustee. Any monies and properties collected by the Trustee pursuant to this Article Seven shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such monies, upon presentation of the several DebenturesNotes, and stamping thereon the payment, if only partially paid, and upon surrender thereof thereof, if fully paid:

Appears in 1 contract

Sources: Indenture (International Rectifier Corp /De/)

Application of Monies Collected by Trustee. Any monies and properties collected by the Trustee pursuant to this Article Seven shall be applied in the order followingfollowing order, at the date or dates fixed by the Trustee for the distribution of such monies, upon presentation of the several DebenturesNotes, and stamping thereon the payment, if only partially paid, and upon surrender thereof thereof, if fully paid:

Appears in 1 contract

Sources: Indenture (Spectrasite Holdings Inc)

Application of Monies Collected by Trustee. Any monies collected by the Trustee pursuant to this Article Seven shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such monies, upon presentation of the several DebenturesNotes, and stamping thereon the payment, if only partially paid, and upon surrender thereof if fully paid:

Appears in 1 contract

Sources: Indenture (Chiron Corp)

Application of Monies Collected by Trustee. Any monies collected by the Trustee pursuant to this Article Seven VII shall be applied in the order following, at the date or dates fixed by the Trustee for the distribution of such monies, upon presentation of the several DebenturesNotes, and stamping the notation thereon of the payment, if only partially paid, and upon surrender thereof thereof, if fully paid:

Appears in 1 contract

Sources: Indenture (S3 Inc)