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Common use of Trust Moneys Clause in Contracts

Trust Moneys. Trust Moneys shall be subject to a Lien in favor of the Trustee and shall be held by the Trustee for the benefit of the Holders as a part of the Collateral. The Trustee shall apply Trust Moneys as follows:

Appears in 8 contracts

Sources: Indenture (Pg&e National Energy Group Inc), Indenture (Pg&e National Energy Group Inc), Indenture (Pg&e National Energy Group Inc)

Related Clauses

  • Trust Moneys Not Subordinated
  • Application of Trust Money
  • Deposited Moneys to be Held in Trust by Trustee
  • Deposited Moneys to be Held in Trust
  • Trust Account Proceeds

Parent Clauses

  • Trust Moneys
  • Table of Contents, Headings, Etc
  • Miscellaneous
  • Application of Trust Moneys
  • Definitions and Incorporation by Reference

Sub-Clauses

  • Trust Moneys
  • Application of Trust Moneys upon Event of Default
  • Withdrawal of Certain Trust Moneys
  • Definitions
  • Right to Make Advances
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