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

Application of Monies Collected by Trustees. Any monies collected by the Trustee or the Co-Trustee, or both pursuant to this Article 6 shall be applied in the order following, at the date or dates fixed by the Trustees for the distribution of such monies, upon presentation of the several Notes, and stamping thereon the payment, if only partially paid, and upon surrender thereof, if fully paid:

Appears in 3 contracts

Sources: Indenture (Tower Semiconductor LTD), Indenture (Tower Semiconductor LTD), Indenture (Tower Semiconductor LTD)

Application of Monies Collected by Trustees. Any monies or property collected by the Trustee or the Co-Trustee, or both Trustees pursuant to this Article 6 with respect to the Notes shall be applied in the order followingfollowing order, at the date or dates fixed by the Trustees for the distribution of such monies, upon presentation of the several Notes, and stamping thereon the payment, if only partially paid, and upon surrender thereof, if fully paid:

Appears in 2 contracts

Sources: Indenture (Canopy Growth Corp), Indenture (Canopy Growth Corp)