Common use of Moneys of Different Currencies to Be Segregated Clause in Contracts

Moneys of Different Currencies to Be Segregated. The ----------------------------------------------- Trustee shall segregate moneys, funds and accounts held by the Trustee hereunder in one currency (or unit thereof) from any moneys, funds or accounts in any other currencies (or units thereof), notwithstanding any provision herein which would otherwise permit the Trustee to commingle such amounts.

Appears in 1 contract

Sources: Indenture (Hussmann International Inc)

Moneys of Different Currencies to Be Segregated. The ----------------------------------------------- Trustee shall segregate all moneys, funds and accounts held by the Trustee hereunder in one currency (or unit thereof) from any moneysmoney, funds or accounts in any other currencies (or units thereof)currencies, notwithstanding any provision herein which would otherwise permit the Trustee to commingle such amounts. ---------- * This language to be included if debt securities are guaranteed.

Appears in 1 contract

Sources: Indenture (Starwood Hotels & Resorts)

Moneys of Different Currencies to Be Segregated. The ----------------------------------------------- Trustee shall segregate moneysmonies, funds funds, and accounts held by the Trustee hereunder in one currency (or unit thereof) from any moneysmonies, funds or accounts in any other currencies (or units thereof), notwithstanding any provision herein which would otherwise permit the Trustee to commingle such amounts.

Appears in 1 contract

Sources: Indenture (Questar Market Resources Inc)