Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 773 contracts
Sources: Indenture (Alaunos Therapeutics, Inc.), Indenture (Actuate Therapeutics, Inc.), Indenture (Lotus Technology Inc.)
Moneys Held in Trust. Subject to the provisions of Section 11.0513.5, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 84 contracts
Sources: Indenture (Great Southern Capital Trust IV), Indenture (Capitol Trust Xv), Indenture (First Financial Capital Trust II)
Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 60 contracts
Sources: Indenture (Protagonist Therapeutics, Inc), Indenture (Protagonist Therapeutics, Inc), Indenture (SoFi Technologies, Inc.)
Moneys Held in Trust. Subject to the provisions of Section 11.0511.5, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 34 contracts
Sources: Indenture (Yelp Inc), Indenture (Green Plains Inc.), Indenture (Yelp Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree to in writing with the Company to pay thereon.
Appears in 19 contracts
Sources: Indenture (Golden Matrix Group, Inc.), Indenture (Pedevco Corp), Indenture (Golden Matrix Group, Inc.)
Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held un-invested in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 17 contracts
Sources: Indenture (Phoenix Energy One, LLC), Indenture (Phoenix Capital Group Holdings, LLC), Indenture (MCI Income Fund VII, LLC)
Moneys Held in Trust. Subject to the provisions of Section 11.053.03, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree to in writing with the Company to pay thereon.
Appears in 11 contracts
Sources: First Supplemental Indenture (Greenbrier Companies Inc), Indenture (Greenbrier Companies Inc), Indenture (Mannkind Corp)
Moneys Held in Trust. Subject to the provisions of Section 11.0511.5, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds of the Trustee except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder hereunder, except such as it may agree with the Company to pay thereon.
Appears in 10 contracts
Sources: Indenture (Protalix BioTherapeutics, Inc.), Indenture (Protalix BioTherapeutics, Inc.), Indenture (Protalix BioTherapeutics, Inc.)
Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company in writing to pay thereon.
Appears in 9 contracts
Sources: Indenture (Freeport-McMoran Inc), Indenture (Freeport-McMoran Inc), Indenture (Net 1 Ueps Technologies Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.0513.5, all moneys money received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys money received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 8 contracts
Sources: Indenture (San Rafael Bancorp), Indenture (Alabama National Bancorporation), Indenture (Florida Banks Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.0513.5, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 7 contracts
Sources: Indenture (Pennfirst Capital Trust I), Indenture (Pittsburgh Home Capital Trust I), Indenture (Pennfed Capital Trust I)
Moneys Held in Trust. Subject to the provisions of Section 11.05Sections 11.2, 12.5, 12.6 and 12.7, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company Issuers to pay thereon.
Appears in 7 contracts
Sources: Fourth Supplemental Indenture (CyrusOne Inc.), First Supplemental Indenture (CyrusOne Inc.), Second Supplemental Indenture (CyrusOne Inc.)
Moneys Held in Trust. Subject to the provisions of Section 11.0511.5, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds of the Trustee except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder hereunder, except such as it may agree in writing with the Company to pay thereon.
Appears in 7 contracts
Sources: Indenture (Amerant Bancorp Inc.), Indenture (Amerant Florida Bancorp Inc.), Indenture (Amerant Bancorp Inc.)
Moneys Held in Trust. Subject to the provisions of Section 11.0513.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 6 contracts
Sources: Subordinated Indenture (BVBC Capital Trust I), Subordinated Indenture (Blue Valley Ban Corp), Subordinated Indenture (Flagstar Trust)
Moneys Held in Trust. Subject to the provisions of Section 11.05, all All moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 5 contracts
Sources: Indenture (Rambus Inc), Indenture (Metlife Inc), Indenture (Rambus Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.057.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 5 contracts
Sources: Indenture (Adc Telecommunications Inc), Indenture (Adc Telecommunications Inc), Indenture (Adc Telecommunications Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.0514.5, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 5 contracts
Sources: Indenture (Tompkins Financial Corp), Indenture (Ifc Capital Trust Ii), Debenture Indenture (Americredit Capital Trust I)
Moneys Held in Trust. Subject to the provisions of Section 11.0510.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 4 contracts
Sources: Indenture (Pike Corp), Indenture (Pike Corp), Indenture (Pike Equipment & Supply Company, LLC)
Moneys Held in Trust. Subject to the provisions of Section 11.0511.04, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 4 contracts
Sources: Indenture (Sunsource Inc), Indenture (Sunsource Inc), Indenture (Anadigics Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Neither the Trustee nor any agent of the Company or the Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 4 contracts
Sources: Indenture (American Equity Investment Life Holding Co), Indenture (American Equity Investment Life Holding Co), Indenture (American Equity Investment Life Holding Co)
Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held held, uninvested, in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 4 contracts
Sources: Subordinated Indenture (Equitable Holdings, Inc.), Junior Subordinated Indenture (Equitable Holdings, Inc.), Subordinated Indenture (AXA Equitable Holdings, Inc.)
Moneys Held in Trust. Subject to the provisions of Section 11.0511.06, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 3 contracts
Sources: Indenture (Computer Sciences Corp), Indenture (Computer Sciences Corp), Indenture (Stanley Works)
Moneys Held in Trust. Subject to the provisions of Section 11.0510.5, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 3 contracts
Sources: Indenture (First Merchants Capital Trust I), Indenture (First Merchants Corp), Indenture (First Merchants Corp)
Moneys Held in Trust. Subject to the provisions of Section 11.0512.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 3 contracts
Sources: Indenture (International Flavors & Fragrances Inc), Indenture (Nutrition & Biosciences, Inc.), Indenture (Consol Energy Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.058.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 2 contracts
Sources: Indenture (Blackboard Inc), Indenture (Blackboard Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company and the Guarantor to pay thereon.
Appears in 2 contracts
Sources: Indenture (Mediaone Finance Trust Ii), Indenture (Mediaone Finance Trust Vi)
Moneys Held in Trust. Subject to the provisions of Section 11.05-------------------- 13.5, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 2 contracts
Sources: Indenture (Abc Bancorp Capital Trust I), Indenture (Abc Bancorp Capital Trust I)
Moneys Held in Trust. Subject to the provisions of Section 11.0511.05 and Section 4.08, all moneys received by the Trustee shall, until used or applied as herein provided, be held un-invested in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 2 contracts
Sources: Indenture (Lighthouse Life Capital, LLC), Indenture (Lighthouse Life Capital, LLC)
Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall not be under no liability liable for interest on any moneys received held by it hereunder except such as it may otherwise agree with the Company to pay thereonCompany.
Appears in 2 contracts
Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys or property received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys or property received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 2 contracts
Sources: Indenture (Frederick's of Hollywood Group Inc /Ny/), Indenture (Frederick's of Hollywood Group Inc /Ny/)
Moneys Held in Trust. Subject to the provisions of Section 11.0515.02, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 2 contracts
Sources: Indenture (Linear Technology Corp /Ca/), Indenture (Linear Technology Corp /Ca/)
Moneys Held in Trust. Subject to the provisions of Section 11.058.5, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 2 contracts
Sources: Indenture (Rayonier Inc), Indenture (Skyworks Solutions Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.0513.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may otherwise agree in writing with the Company to pay thereon.
Appears in 2 contracts
Sources: Subordinated Indenture (Bank of the Ozarks Inc), Subordinated Indenture (Ozark Capital Trust)
Moneys Held in Trust. Subject to the provisions of Section 11.0511.04, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company Partnership to pay thereon.
Appears in 2 contracts
Sources: Indenture (Suburban Propane Partners Lp), Indenture (Suburban Propane Partners Lp)
Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The -27- Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 1 contract
Sources: Senior Indenture (Staples Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company Issuer and the Guarantor to pay thereon.
Appears in 1 contract
Sources: Indenture (Consumers Energy Co)
Moneys Held in Trust. Subject to the provisions of Section 11.0514.5, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 1 contract
Moneys Held in Trust. Subject to the provisions of Section 11.05Sections 10.2, 11.5, 11.6 and 11.7, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 1 contract
Sources: First Supplemental Indenture (NexPoint Real Estate Finance, Inc.)
Moneys Held in Trust. Subject to the provisions of Section 11.056.01(c), all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 1 contract
Sources: Indenture (Evergreen Energy Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may expressly agree with the Company in writing to pay thereon.
Appears in 1 contract
Sources: Indenture (Steelcase Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.05, all All moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company Issuer to pay thereon.
Appears in 1 contract
Sources: Indenture (RCS Capital Corp)
Moneys Held in Trust. Subject to the provisions of Section 11.058.4, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by mandatory provisions of law. The Neither the Trustee nor any agent of the Company or the Trustee shall be under no any liability for interest on or investment of any moneys received by it hereunder except such as it may agree otherwise agreed upon in writing with the Company to pay thereonCompany.
Appears in 1 contract
Moneys Held in Trust. Subject to the provisions of Section 11.058.4., all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by mandatory provisions of law. The Neither the Trustee nor any agent of the Issuer or the Trustee shall be under no any liability for interest on or investment of any moneys received by it hereunder except such as it may agree otherwise agreed upon with the Company to pay thereonIssuer.
Appears in 1 contract
Sources: Indenture (Metrogas Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.0511.04, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company in writing to pay thereon.
Appears in 1 contract
Sources: Indenture (Lesaka Technologies Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.058.5, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, received but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 1 contract
Sources: Indenture (Rayonier Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company Issuers to pay thereon.
Appears in 1 contract
Sources: Indenture (American Realty Capital Properties, Inc.)
Moneys Held in Trust. β Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 1 contract
Sources: Indenture (Butterfly Network, Inc.)
Moneys Held in Trust. β Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 1 contract
Sources: Indenture (Aytu Biopharma, Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.058.06 and Section 10.03, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 1 contract
Sources: Indenture (Geo Group Inc)
Moneys Held in Trust. Subject to the provisions of Section 11.053.04, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest or investment income on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 1 contract
Moneys Held in Trust. Subject to the provisions of Section 11.05Sections 11.2, 12.5, 12.6 and 12.7, all moneys received by the Trustee or the Paying Agent shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee and the Paying Agent shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company Issuers to pay thereon.
Appears in 1 contract
Moneys Held in Trust. Subject to the provisions of Section 11.0511.5, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree to in writing with the Company to pay thereon.
Appears in 1 contract
Moneys Held in Trust. Subject to the provisions of Section 11.0514.06, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree in writing with the Company to pay thereon.
Appears in 1 contract
Moneys Held in Trust. Subject to the provisions of Section 11.05-------------------- 13.5, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder except such as it may agree with the Company to pay thereon.
Appears in 1 contract