Common use of PAYMENT OF MONIES HELD BY PAYING AGENTS Clause in Contracts

PAYMENT OF MONIES HELD BY PAYING AGENTS. In connection with --------------------------------------- the satisfaction and discharge of this Indenture, all moneys or Governmental Obligations then held by any Paying Agent under the provisions of this Indenture shall, upon demand of the Company, be paid to the Trustee and thereupon such Paying Agent shall be released from all further liability with respect to such moneys or Governmental Obligations.

Appears in 2 contracts

Samples: Abc Bancorp Capital Trust I, Abc Bancorp Capital Trust I

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PAYMENT OF MONIES HELD BY PAYING AGENTS. In connection with --------------------------------------- the satisfaction and discharge of this Indenture, Indenture all moneys monies or Governmental Obligations then held by any Paying Agent paying agent under the provisions of this Indenture shall, upon demand of the Company, be paid to the Trustee and thereupon such Paying Agent paying agent shall be released from all further liability with respect to such moneys monies or Governmental Obligations.

Appears in 2 contracts

Samples: Indenture (Agfeed Industries, Inc), Agfeed Industries, Inc

PAYMENT OF MONIES HELD BY PAYING AGENTS. In connection with --------------------------------------- the satisfaction and discharge of this IndentureIndenture with respect to Securities of any series, all moneys monies or Governmental Obligations then held by any Paying Agent paying agent, other than the Trustee, under the provisions of this Indenture with respect to the Securities of such series shall, upon demand of the Company, be repaid to the Company or paid to the Trustee and thereupon such Paying Agent paying agent shall be released from all further liability with respect to such moneys monies or Governmental Obligations.

Appears in 2 contracts

Samples: Indenture (ICO Global Communications (Holdings) LTD), ICO Global Communications (Holdings) LTD

PAYMENT OF MONIES HELD BY PAYING AGENTS. In connection with --------------------------------------- the satisfaction and discharge of this Indenture, all moneys or Governmental Obligations then held by any Paying Agent paying agent under the provisions of this Indenture shall, upon demand of the Company, be paid to the Indenture Trustee and thereupon such Paying Agent paying agent shall be released from all further liability with respect to such moneys or Governmental Obligations.

Appears in 1 contract

Samples: Indenture (Bridge Bancorp Inc)

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PAYMENT OF MONIES HELD BY PAYING AGENTS. In connection --------------------------------------- with --------------------------------------- the satisfaction and discharge of this Indenture, all moneys or Governmental Obligations then held by any Paying Agent under the provisions of this Indenture shall, upon demand of the Company, be paid to the Trustee and thereupon such Paying Agent shall be released from all further liability with respect to such moneys or Governmental Obligations.

Appears in 1 contract

Samples: Ctbi Preferred Capital Trust Ii

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