Common use of Paying Agent to Hold Money in Trust Clause in Contracts

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 (Neomarkers Inc)

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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 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 52 contracts

Samples: Indenture (Covanta Holding Corp), Pledge Agreement (HCA Healthcare, Inc.), Indenture (New Fortress Energy 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: Paying Agent (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: Supplemental Indenture (SM Energy Co), Intercreditor Agreement (SM Energy Co), 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 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: Security and Control Agreement (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 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 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 15 contracts

Samples: Indenture (Lifepoint Health, Inc.), Indenture (Lifepoint Hospitals, Inc.), Indenture (Lifepoint Hospitals, 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 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 13 contracts

Samples: Indenture (CSK Auto Corp), RFS Hotel Investors Inc, RFS Partnership Lp

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), 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 10 contracts

Samples: Indenture (Viasat Inc), Indenture (Diamond Offshore Drilling, Inc.), Intercreditor Agreement

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 (NXP Semiconductors N.V.), Indenture (Freescale Semiconductor, 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 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), Indenture (Peabody Energy Corp), Transaction Support Agreement (Peabody Energy Corp)

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 (Walter Energy, 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 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 8 contracts

Samples: Indenture (Cushman & Wakefield PLC), Indenture (Sotera Health Co), Indenture (Cushman & Wakefield PLC)

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.), 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 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.), Notes Purchase Agreement (Forbes Energy Services Ltd.), Indenture (Forbes Energy Services Ltd.)

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: California Resources (California Resources Corp), Range Resources (Range Resources Corp), Indenture (California Resources 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 (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.), Vistra Corp., Vistra 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 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: Supplemental 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 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: Mortgage, Security Agreement (Titan International Inc), Mortgage, Security Agreement (Titan International Inc), Mortgage, Security Agreement (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 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: Supplemental Indenture (Crew J Operating Corp), Diamond Brands Operating Corp, Diamond Brands 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 Inc), Cinemark Usa Inc /Tx, Cinemark Usa Inc /Tx

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: Satisfaction And (AMC Networks Inc.), Indenture (Adient PLC), 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 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), 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 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: Subordination Agreement (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 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 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 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 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: Supplemental Indenture (Viasystems Group Inc), Indenture (Handy & Harman Ltd.), WHX 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 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.), Amr Merger Agreement (American Airlines, 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 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(8) hereof, the Trustee will shall serve as Paying Agent for the Notes.

Appears in 3 contracts

Samples: Toys R Us Property Co II, LLC, Toys R Us Inc, Toys R Us Property Co I, 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 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), Potlatch Corp

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: Barrett Resources Corp, Newfield Exploration Co /De/, Barrett Resources Corp

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: Corrections Corp of America, Corrections Corp of America

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 DamagesAdditional Interest, 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 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 CompanyIssuers, the Trustee will serve as Paying Agent for the Notes.

Appears in 2 contracts

Samples: Supplemental Indenture (Susser Holdings CORP), Supplemental Indenture (Susser 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 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: Supplemental Indenture (CVR Energy Inc), Supplemental 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 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 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: Graham Field Health Products Inc, Conmed 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 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 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 2 contracts

Samples: Indenture (Vanguard Natural Resources, LLC), Indenture (Vanguard Natural Resources, 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 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.), Cogent Communications Holdings, 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), Experience Management 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 for the benefit of Holders Noteholders or the Trustee all money held by the Paying Agent for the payment of principal, premium principal or Liquidated Damages, if any, or interest on the Notesinterest, 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 TrusteeTrustee and to account for any money disbursed by it. Upon payment over to the Trustee, the Paying Agent (if other than the Company or a Subsidiaryan Affiliate of the Company) will shall have no further liability for the money. If the Company or a Subsidiary an Affiliate of the Company 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 2 contracts

Samples: Indenture (Intevac Inc), Indenture (Intevac 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 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), 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: Intercreditor Agreement (CPM Holdings, Inc.), 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 Holders of the Notes 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 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 AgentAgent with respect to the Notes. 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 (Komag Inc /De/), Komag Inc /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 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 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 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

Samples: Supplemental Indenture (Iridium Communications 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.

Appears in 1 contract

Samples: Supplemental Indenture (LPL Investment Holdings 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, premium or Liquidated Damagespremium, if any, or on, and interest on on, the Notes, and will notify the Trustee of any default by the Company an 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 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 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 Companyan Issuer, the Trustee will serve as Paying Agent for the Notes.

Appears in 1 contract

Samples: Indenture (Tallgrass Energy Partners, LP)

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. Section 2.5.

Appears in 1 contract

Samples: Allegiant Travel CO

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 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 Sunoco LP or a Subsidiary) will have no further liability for the money. If the Company Sunoco LP 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 CompanySunoco LP, the Trustee will serve as Paying Agent for the Notes.

Appears in 1 contract

Samples: Indenture (Sunoco LP)

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 DamagesAdditional Interest, 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 one of the Company or a SubsidiaryIssuers) 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 (Black Elk Energy Finance Corp.)

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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 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 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. (a) 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 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 its 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 (FedNat Holding 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 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

Samples: Supplemental Indenture (Century Parking 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, 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.

Appears in 1 contract

Samples: Intercreditor Agreement

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: Supplemental 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 principal, 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 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.Paying

Appears in 1 contract

Samples: Supplemental Indenture (DRS Technologies 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 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: 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 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 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 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 (Ipc Acquisition 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 Companyoccurrence of events specified in Section 6.1(7) hereof, the Trustee will shall serve as Paying Agent for the Notes.

Appears in 1 contract

Samples: Indenture (Actuant Corp)

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: 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 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 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 Damages, 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 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 CompanyIssuers, the Trustee will serve as Paying Agent for the Notes.

Appears in 1 contract

Samples: Indenture (Jordan Industries 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 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: 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 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, -29- 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 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: Fleming Companies Inc /Ok/

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

Samples: Helicopter Management LLC

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: Supplemental Indenture (Forterra, 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: 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: Intercreditor Agreement (Sabre Corp)

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 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: Supplemental Indenture (Custom Truck One Source, 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 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

Samples: Chemtura Corporation (Chemtura 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 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.

Appears in 1 contract

Samples: Indenture (ReFinance America, 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, 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: 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 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: Master Lease Agreement (Riviera Holdings 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 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: 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: Supplemental Indenture (Callon Petroleum 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 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: 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 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 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

Samples: Indenture (AMERICAN EAGLE ENERGY Corp)

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

Samples: Mohegan Tribal Gaming Authority

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 is acting as Paying AgentAgent for the Notes, 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 If the Company or a Subsidiary is acting as Paying Agent for the Notes, 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 (Hecla Mining Co/De/)

Paying Agent to Hold Money in Trust. The Company will shall require each the 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 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 their respective Subsidiaries) will shall have no further liability for the money. If the an Company or a Subsidiary one of their respective 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: Service Properties Trust

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