Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 65 contracts
Samples: Indenture (Vector Group LTD), Indenture (Brenner's on the Bayou, Inc.), Indenture (Canadian Satellite Radio Inc.)
Paying Agent to Hold Money in Trust. The Company will Issuer shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will shall have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 55 contracts
Samples: Supplemental Indenture (HCA Healthcare, Inc.), Supplemental Indenture (HCA Healthcare, Inc.), Supplemental Indenture (HCA Healthcare, Inc.)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damageson, if any, or interest on interest, if any, on, the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 51 contracts
Samples: Indenture (Sabre Corp), Indenture (Post Holdings, Inc.), Indenture (Post Holdings, Inc.)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated DamagesAdditional Interest, if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 36 contracts
Samples: Indenture (H&E Equipment Services, Inc.), Indenture (Revlon Consumer Products Corp), Indenture (Newmarket Corp)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of the Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium principal or Liquidated Damagespremium, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiaryone of its Subsidiaries) will shall have no further liability for the money. If the Company or a Subsidiary any of its Subsidiaries acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 27 contracts
Samples: Fifth Supplemental Indenture (SM Energy Co), Indenture (SM Energy Co), Fourth Supplemental Indenture (SM Energy Co)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated DamagesAdditional Amounts, if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 20 contracts
Samples: Indenture (Melco Resorts & Entertainment LTD), Indenture (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Indenture (STUDIO CITY INTERNATIONAL HOLDINGS LTD)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated DamagesSpecial Interest, if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 19 contracts
Samples: Indenture (Icahn Enterprises Holdings L.P.), Indenture (Icahn Enterprises Holdings L.P.), Indenture (Bell Powersports, Inc.)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of the Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium principal or Liquidated Damagespremium, if any, or interest on the Notes, and will shall notify the Trustee in writing of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiaryone of its Subsidiaries) will shall have no further liability for the money. If the Company or a Subsidiary any of its Subsidiaries acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 14 contracts
Samples: Indenture (Continental Resources, Inc), Indenture (Continental Resources, Inc), Indenture (Continental Resources, Inc)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee Trustee, in writing, of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 11 contracts
Samples: Supplemental Indenture (BALL Corp), Fifteenth Supplemental Indenture (BALL Corp), Supplemental Indenture (BALL Corp)
Paying Agent to Hold Money in Trust. The Company will Issuers shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company Issuers in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuers at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuers or a Subsidiary) will shall have no further liability for the money. If the Company Issuers or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuers, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 11 contracts
Samples: Indenture (Viasat Inc), Indenture (Viasat Inc), Indenture (Diamond Offshore Drilling, Inc.)
Paying Agent to Hold Money in Trust. The Company will Issuer shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagesprincipal and premium, if any, or interest on the Notes, and will notify the Trustee of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will shall have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 10 contracts
Samples: Indenture (Freescale Semiconductor, Ltd.), Indenture (Freescale Semiconductor, Ltd.), Indenture (NXP Semiconductors N.V.)
Paying Agent to Hold Money in Trust. The Company Issuer will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will serve as Paying Agent for the Notes.
Appears in 9 contracts
Samples: Indenture (Sunoco LP), Indenture (Sunoco LP), Indenture (WESTMORELAND COAL Co)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damageson, if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 9 contracts
Samples: Supplemental Indenture (Firstcash, Inc), First Supplemental Indenture (Peabody Energy Corp), Transaction Support Agreement (Peabody Energy Corp)
Paying Agent to Hold Money in Trust. The Company will Issuer shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will shall have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 9 contracts
Samples: Indenture (JELD-WEN Holding, Inc.), Indenture (Cushman & Wakefield PLC), Indenture (Sotera Health Co)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent (i) will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, Notes and (ii) will notify the Trustee in writing of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a SubsidiarySubsidiary of the Company) will have no further liability for the money. If the Company or a Subsidiary of the Company acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 7 contracts
Samples: Indenture (Vistra Corp.), Indenture (Vistra Corp.), Indenture (Vistra Corp.)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium premium, or Liquidated Damages, Special Interest if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 7 contracts
Samples: Indenture (Asbury Automotive Group Inc), Indenture (Asbury Automotive Group Inc), Indenture (Allegheny Energy Inc)
Paying Agent to Hold Money in Trust. The Company Issuer will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damageson, if any, or interest on the Notes, and will notify the Trustee of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will serve as Paying Agent for the Notes.
Appears in 7 contracts
Samples: Indenture (California Resources Corp), Indenture (Range Resources Corp), Indenture (California Resources Corp)
Paying Agent to Hold Money in Trust. The Company Issuers will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee of any default by the Company Issuers in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuers at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuers or a Subsidiary) will have no further liability for the money. If the Company Issuers or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuers, the Trustee will serve as Paying Agent for the Notes.
Appears in 7 contracts
Samples: Indenture (Forbes Energy Services Ltd.), Indenture (Forbes Energy Services Ltd.), Notes Purchase Agreement (Forbes Energy Services Ltd.)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damageson, if any, or interest on on, the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 7 contracts
Samples: Indenture (Coeur Mining, Inc.), First Supplemental Indenture (Bonanza Creek Energy, Inc.), Indenture (Multiband Field Services Inc)
Paying Agent to Hold Money in Trust. The Company Issuers will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, or premium or Liquidated Damagesinterest, if any, or interest on on, the Notes, and will notify the Trustee of any default by the Company Issuers in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuers at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuers or a Subsidiary) will have no further liability for the money. If the Company an Issuer or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuers, the Trustee will serve as Paying Agent for the Notes.
Appears in 6 contracts
Samples: Indenture (CVR Energy Inc), Indenture (Par Pacific Holdings, Inc.), Indenture (Par Pacific Holdings, Inc.)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of the Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 6 contracts
Samples: Indenture (Crown Castle International Corp), Indenture (Crown Castle International Corp), Indenture (Crown Castle International Corp)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust trust, for the benefit of Holders of any Series of Notes, or the Trustee Trustee, all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, principal or interest on the Series of Notes, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders of any Series of Notes all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 6 contracts
Samples: Indenture (Genco Shipping & Trading LTD), Indenture (Genco Shipping & Trading LTD), Indenture (Trinity Place Holdings Inc.)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damagespremium, if any, or interest on on, and interest, if any, on, the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 5 contracts
Samples: Indenture (A.W. Realty Company, LLC), Indenture (Oasis Petroleum Inc.), Indenture (Extraction Oil & Gas, Inc.)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated DamagesSpecial Interest, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 5 contracts
Samples: Indenture (Titan International Inc), Indenture (Titan International Inc), Indenture (Titan International Inc)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will shall notify the Trustee in writing of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiaryone of its Subsidiaries) will shall have no further liability for the money. If the Company or a Subsidiary one of its Subsidiaries acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 4 contracts
Samples: Indenture (Geo Group Inc), Indenture (Geo Group Inc), Indenture (Geo Group Inc)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damageson, if any, or and interest on on, the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company Company, Parent or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy bankruptcy, liquidation, examinership, insolvency or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 4 contracts
Samples: Indenture (AMC Networks Inc.), Indenture (Adient PLC), Indenture (Adient PLC)
Paying Agent to Hold Money in Trust. The Company Issuers will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damageson, if any, or and interest on the Notes, and will notify the Trustee of any default by the Company Issuers in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuers at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuers or a Subsidiary) will have no further liability for the money. If the Company Issuers or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuers, the Trustee will serve as Paying Agent for the Notes.
Appears in 4 contracts
Samples: Indenture (SunCoke Energy Partners, L.P.), Indenture (SunCoke Energy Partners, L.P.), Indenture (SunCoke Energy Partners, L.P.)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy the occurrence of events specified in Section 6.01(vii) or reorganization proceedings relating to the Company(viii) hereof, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 4 contracts
Samples: Indenture (Crew J Operating Corp), Indenture (Laralev Inc), Indenture (Diamond Brands Inc)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, Additional Interest if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 4 contracts
Samples: Indenture (Cheniere Energy Inc), Indenture (Cheniere Energy Partners, L.P.), Indenture (Sabine Pass LNG, L.P.)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of the Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium principal of or Liquidated Damagespremium, if any, or interest on the NotesSecurities, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 4 contracts
Samples: Supplemental Indenture (Integrated Health Services Inc), Supplemental Indenture (Integrated Health Services Inc), Indenture (Integrated Health Services Inc)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damagespremium, if any, or interest on on, the Notes, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment of all such money over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 4 contracts
Samples: Indenture (Cinemark Usa Inc /Tx), Indenture (Cinemark Usa Inc /Tx), Indenture (Cinemark Inc)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee Trustee, in writing, of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 3 contracts
Samples: Indenture (Cogent Communications Holdings, Inc.), Indenture, Indenture (Cogent Communications Group Inc)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the NotesSecurities, and will notify the Trustee in writing of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the NotesSecurities.
Appears in 3 contracts
Samples: Indenture (Clark Refining & Marketing Inc), Indenture (Clark Refining & Marketing Inc), Indenture (Clark Refining & Marketing Inc)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust trust, for the benefit of Holders Noteholders, or the Trustee Trustee, all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, principal of or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders Noteholders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 3 contracts
Samples: Indenture (Harrahs Operating Co Inc), Indenture (Harrahs Entertainment Inc), Indenture (Harrahs Entertainment Inc)
Paying Agent to Hold Money in Trust. The Company will Issuer shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money assets held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will shall have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 3 contracts
Samples: Indenture (Allison Transmission Holdings Inc), Indenture (Allison Transmission Holdings Inc), Indenture (Allison Transmission Holdings Inc)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium the Applicable Premium on, or Liquidated Damagesinterest, if any, or interest on on, the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 3 contracts
Samples: Indenture (Global Crossing Airlines Group Inc.), Indenture (American Airlines, Inc.), Indenture (American Airlines, Inc.)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee Trustees to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee Trustees all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee Trustees of any default by the Company in making any such payment. While any such default continues, the Trustee Trustees may require a Paying Agent to pay all money held by it to the a Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the a Trustee. Upon payment over to the a Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the such money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the U.S. Trustee will serve as Paying Agent for the Notes.
Appears in 3 contracts
Samples: Indenture (Taseko Mines LTD), Indenture (Taseko Mines LTD), Indenture (Taseko Mines LTD)
Paying Agent to Hold Money in Trust. The Company will Issuer shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest Cash Interest on the Notes, and will notify the Trustee of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will shall have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 3 contracts
Samples: Senior Subordinated Notes Indenture (Claires Stores Inc), Senior Notes Indenture (Claires Stores Inc), Senior Secured First Lien Notes Indenture (Claires Stores Inc)
Paying Agent to Hold Money in Trust. The Company will Issuers shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalinterest, premium or Liquidated Damagesprincipal and premium, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company Issuers in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuers at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuers or a Subsidiary) will shall have no further liability for the money. If the Company Issuers or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuers, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 3 contracts
Samples: Indenture (American Airlines, Inc.), Indenture (Hawaiian Holdings Inc), Indenture (Delta Air Lines, Inc.)
Paying Agent to Hold Money in Trust. The Company will require each Each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of the Holders or the Trustee all money held by the such Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will shall notify the Trustee in writing of any default by the Company or any Guarantor in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay to the Trustee all money held by it to the Trusteeupon demand. The Company at any time may require a Paying Agent to pay all money held by it to the TrusteeTrustee or to account for any funds disbursed. Upon payment over to the TrusteeTrustee and accounting for any funds disbursed, the such Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or Company, a Subsidiary or another Related Person or any of them acts as Paying Agent, it will shall segregate and hold in as a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 3 contracts
Samples: Indenture (Phi Inc), Indenture (Phi Inc), Indenture (Phi Inc)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent (other than the Trustee Trustee) to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest interest, on the NotesSecurities, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as sole Paying Agent for the NotesSecurities.
Appears in 3 contracts
Samples: Indenture (Barrett Resources Corp), Indenture (Barrett Resources Corp), Indenture (Newfield Exploration Co /De/)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damageson, if any, or interest on on, the Notes, and will notify the Trustee in writing of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 3 contracts
Samples: Indenture (Viasystems Group Inc), Indenture (WHX Corp), Indenture (Handy & Harman Ltd.)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages(including the Applicable Premium), if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 3 contracts
Samples: Indenture (Vantage Drilling International), Indenture (OFFSHORE GROUP INVESTMENT LTD), Indenture (Vantage Drilling Netherlands B.V.)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated DamagesSpecial Interest, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 3 contracts
Samples: Indenture (Johnson Polymer Inc), Indenture (Johnson Polymer Inc), Indenture (Potlatch Corp)
Paying Agent to Hold Money in Trust. The Company will Issuers shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee of any default by the Company Issuers in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuers at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company an Issuer or a Subsidiary) will shall have no further liability for the money. If the Company an Issuer or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuers, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 2 contracts
Samples: Indenture (Tops Holding Ii Corp), Indenture (DJO Finance LLC)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated DamagesSpecial Interest, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no 41 further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 2 contracts
Samples: Indenture (Reliant Energy Solutions LLC), Indenture (Reliant Energy Solutions LLC)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust trust, for the benefit of Holders of Securities, or the Trustee Trustee, all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, principal of or interest on the NotesSecurities, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of Holders of the Holders Securities all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 2 contracts
Samples: Indenture (Vertex Pharmaceuticals Inc / Ma), Indenture (Vertex Pharmaceuticals Inc / Ma)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent (other than the Trustee Trustee) to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 2 contracts
Samples: Indenture (Corrections Corp of America), Indenture (Corrections Corp of America)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, or premium or Liquidated Damagesinterest, if any, or interest on on, the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiaryany of its Subsidiaries) will have no further liability for the money. If the Company or a Subsidiary any of its Subsidiaries acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 2 contracts
Samples: Indenture (CVR Energy Inc), Indenture (CVR Energy Inc)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee Trustee, in writing, of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will (or such entity designated by the Trustee) shall serve as Paying Agent for the Notes. The Paying Agent shall hold any funds received by them in connection with this Indenture as any other banker.
Appears in 2 contracts
Samples: Indenture (Cogent Communications Holdings, Inc.), Indenture (Cogent Communications Holdings, Inc.)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagesinterest (including special interest, if any) and premium, if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 2 contracts
Samples: Indenture (Nutra Sales Corp), Indenture (Nutra Sales Corp)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Companyoccurrence of events specified in Section 6.1(vii) through (ix) hereof, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 2 contracts
Samples: Supplemental Indenture (Apcoa Inc), Indenture (Standard Parking Ii LLC)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated DamagesSpecial Interest, if any, or interest on the Notes, and will notify the Trustee of any default Default by the Company in making any such payment. While any such default Default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 2 contracts
Samples: Indenture (CPM Holdings, Inc.), Indenture (CPM Holdings, Inc.)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of the Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium principal of or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 2 contracts
Samples: Indenture (Conmed Corp), Indenture (Graham Field Health Products Inc)
Paying Agent to Hold Money in Trust. The Company will Trust shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will notify the Trustee of any default by the Company Trust in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Trust at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Trust or a Subsidiary) will shall have no further liability for the money. If the Company Trust or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyTrust, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 2 contracts
Samples: Indenture (Experience Management LLC), Indenture (Experience Management LLC)
Paying Agent to Hold Money in Trust. The Company will Authority shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will notify the Trustee of any default by the Company Authority in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Authority at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Authority or a SubsidiaryRestricted Subsidiary or an Affiliate) will shall have no further liability for the money. If the Company Authority or a Restricted Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyAuthority, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will notify the Trustee in writing of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (NRG Energy Inc)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Liquidation Damages, if any, or interest on the Notes, and will shall notify the Trustee in writing of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damageson, if any, or and interest on on, the Notes, and will shall notify the Trustee in writing of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damageson, if any, or interest on on, the NotesSecurities, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the NotesSecurities.
Appears in 1 contract
Samples: Indenture (Fortive Corp)
Paying Agent to Hold Money in Trust. The Company will Issuers shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, or premium or Liquidated Damagesinterest, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company Issuers in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuers at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company TLLP or a Subsidiary) will shall have no further liability for the money. If the Company TLLP or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyTLLP, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Tesoro Logistics Northwest Pipeline LLC)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Restricted Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Team Health Inc)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of the Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will shall notify the Trustee of any default Default by the Company in making any such payment. While any such default Default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Companyoccurrence of events specified in Section 6.1(9) hereof, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (American Pacific Corp)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damagespremium, if any, or on, and interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Restricted Subsidiary) will have no further liability for the money. If the Company or a Restricted Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Callon Petroleum Co)
Paying Agent to Hold Money in Trust. The Company will Issuer shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalinterest, premium or Liquidated Damagesprincipal and premium, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will shall have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Alaska Air Group, Inc.)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, principal or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the TrusteeTrustee and to account for any money disbursed by it. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a SubsidiarySubsidiary of the Company) will shall have no further liability for the money. If the Company or a Subsidiary of the Company acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Xm Satellite Radio Inc)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated DamagesAdditional Amounts, if any, or interest on the NotesDebentures, and will promptly notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiarysubsidiary) will shall have no further liability for the money. If the Company or a Subsidiary subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the NotesDebentures.
Appears in 1 contract
Samples: Indenture (Grey Global Group Inc)
Paying Agent to Hold Money in Trust. The Company Issuer will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damageson, if any, or and interest on the Notes, and will notify the Trustee of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (SunCoke Energy, Inc.)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes. SECTION 205.
Appears in 1 contract
Samples: Indenture (Aztar Corp)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the EchoStar Exchange Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the EchoStar Exchange Notes.
Appears in 1 contract
Samples: Echostar Exchange Notes Indenture (SNR Wireless LicenseCo, LLC)
Paying Agent to Hold Money in Trust. The Company will Issuers shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee of any default by the Company Issuers in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuers at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuers or a Subsidiary) will shall have no further liability for the money. If the Company an Issuer or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuers, the Trustee will Paying Agent shall continue to serve as the Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (PBF Energy Co LLC)
Paying Agent to Hold Money in Trust. The Company Issuer will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Primo Brands Corp)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest or Additional Amounts on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 1 contract
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes, subject to any determination of the applicable bankruptcy court.
Appears in 1 contract
Samples: Indenture (Riviera Holdings Corp)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated DamagesSpecial Interest, if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings proceeding relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Emmis Operating Co)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damageson, if any, or and interest on on, the Notes, and will notify the Trustee in writing of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 1 contract
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damageson, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiaryone of its Subsidiaries) will shall have no further liability for the money. If the Company or a Subsidiary one of its Subsidiaries acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Orbital Atk, Inc.)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent and Registrar for the Notes.
Appears in 1 contract
Samples: Indenture (Concord Camera Corp)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, principal or interest on the Notes, and will notify the Trustee of any default by the Company or any Guarantor in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the moneymoney received from the Company or a Subsidiary. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyCompany or a Guarantor, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (APW Supermarkets, Inc.)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, Additional Interest if any, or interest on the Notes, and will notify the Trustee in writing of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a SubsidiaryGuarantor) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 1 contract
Paying Agent to Hold Money in Trust. The Company will Issuer shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee in writing of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will shall have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Paying Agent to Hold Money in Trust. The Company Issuer will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the each series of Notes, and will notify the Trustee of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company , the Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will serve as Paying Agent for the each series of Notes.
Appears in 1 contract
Samples: Indenture (Dte Energy Co)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will shall promptly notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiaryone of its Subsidiaries) will shall have no further liability for the money. If the Company or a Subsidiary one of its Subsidiaries acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will may serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Moog Inc)
Paying Agent to Hold Money in Trust. The Company will Issuer shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagesand, if any, or interest on the Notes, and will shall notify the Trustee in writing of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee Issuer may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (SunOpta Inc.)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damagespremium, if any, on, or interest on on, the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 1 contract
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium principal or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee of any default by the Company or any Guarantor in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a A Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyCompany or any Guarantor, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Coast Resorts Inc)
Paying Agent to Hold Money in Trust. The Company Issuer will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money assets held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will notify the Trustee of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will serve as Paying Agent for the Notes.
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Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.the
Appears in 1 contract
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, interest or premium or Liquidated Damages, if any, or interest on the Notes, and will notify the Trustee in writing of any default by the Company in making any such payment. While any such default continuescontin- ues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate sepa- rate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
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Samples: Indenture
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of the Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will notify the Trustee in writing of any default by the Company or the Guarantors in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a SubsidiaryGuarantor) will shall have no further liability for the money. If the Company or a Subsidiary Guarantor acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
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Samples: Indenture (ReFinance America, LTD)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may may
require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
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Paying Agent to Hold Money in Trust. The Company will Issuer shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of the Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagesprincipal and of premium, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will shall have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Paying Agent to Hold Money in Trust. The Company will Issuer shall require each any Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagesprincipal and premium, if any, or interest on the Notes, and will notify the Trustee of any default by the Company Issuer in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company Issuer or a Subsidiary) will shall have no further liability for the money. If the Company Issuer or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuer, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Avantor, Inc.)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Paying, Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a SubsidiarySubsidiary thereof) will shall have no further liability for the money. If the Company or a Subsidiary thereof acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Spectrum Brands, Inc.)
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held 51 by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damageson, if any, or interest on interest, if any, on, the Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Sabre Corp)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the Notes, and will shall notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Ball Corp)
Paying Agent to Hold Money in Trust. The Company will shall require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of the Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will shall notify the Trustee of any default Default by the Company in making any such payment. While any such default Default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Dollar Notes and Société Générale Bank & Trust Luxembourg shall serve as Paying Agent for the Euro Notes.
Appears in 1 contract
Paying Agent to Hold Money in Trust. The Company will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principal, premium or Liquidated Damages, if any, or interest on the EchoStar New Notes, and will notify the Trustee of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will serve as Paying Agent for the EchoStar New Notes.
Appears in 1 contract
Paying Agent to Hold Money in Trust. The Company will require each Each Paying Agent other than the Trustee to agree in writing that the Paying Agent will shall hold in trust for the benefit of the Holders or the Trustee all money moneys held by the such Paying Agent for the payment of principal, premium or Liquidated Damagespremium, if any, or interest on the Notes, and will shall notify the Trustee in writing of any default by the Company in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay to the Trustee all money held by it to the Trusteeupon demand. The Company at any time may require a Paying Agent to pay all money held by it to the TrusteeTrustee or to account for any funds disbursed. Upon payment over to the TrusteeTrustee and accounting for any funds disbursed, the such Paying Agent (if other than the Company or a Subsidiary) will shall have no further liability for the money. If the Company Company, a Subsidiary or a Subsidiary Related Person or any of them acts as Paying Agent, it will shall segregate and hold in as a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee will shall serve as Paying Agent for the Notes.
Appears in 1 contract
Paying Agent to Hold Money in Trust. The Company Issuers will require each Paying Agent other than the Trustee to agree in writing that the Paying Agent will hold in trust for the benefit of Holders or the Trustee all money held by the Paying Agent for the payment of principalprincipal of, premium or Liquidated Damageson, if any, or and interest on on, the Notes, and will notify the Trustee of any default by the Company Issuers in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee. The Company Issuers at any time may require a Paying Agent to pay all money held by it to the Trustee. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiary) will have no further liability for the money. If the Company Issuers or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any bankruptcy or reorganization proceedings relating to the CompanyIssuers, the Trustee will serve as Paying Agent for the Notes.
Appears in 1 contract
Samples: Indenture (Forterra, Inc.)
