Common use of PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES Clause in Contracts

PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES. Pursuant to Section 1207 of the Indenture, if a holder of Senior Indebtedness or the Senior Debt Trustee shall receive in such capacity any amount under this Agreement and at the time of receipt such holder or the Senior Debt Trustee is not entitled to (whether by reason of maturity, acceleration or otherwise) such amount under the terms of such Senior Indebtedness, then such holder or the Senior Debt Trustee shall turn over such amount to the Company. Any such amount so received by any holder of Senior Indebtedness or the Senior Debt Trustee which such holder or the Senior Debt Trustee is so required to turn over to the Company shall in no circumstances be considered to be a payment on account of such Senior Indebtedness.

Appears in 9 contracts

Samples: Indenture (Rogers Communications Inc), Indenture (Rogers Communications Inc), Subordination Agreement (Rogers Wireless Inc)

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PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES. Pursuant to Section 1207 of the Indenture, if a holder of Senior Indebtedness or the Senior Debt Trustee shall receive in such capacity any amount under this Agreement and at the time of receipt such holder or the Senior Debt Trustee is not entitled to (whether by reason of maturity, acceleration or otherwise) such amount under the terms of such Senior Indebtedness, then such holder or the Senior Debt Trustee shall turn over such amount to the Companyapplicable Obligor. Any such amount so received by any holder of Senior Indebtedness or the Senior Debt Trustee which such holder or the Senior Debt Trustee is so required to turn over to the Company an Obligor shall in no circumstances be considered to be a payment on account of such Senior Indebtedness.

Appears in 5 contracts

Samples: First Supplemental Indenture (Rogers Communications Inc), Second Supplemental Indenture (Rogers Communications Inc), Third Supplemental Indenture (Rogers Communications Inc)

PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES. Pursuant to Section 1207 of the Indenture, if a holder of Senior Indebtedness or the Senior Debt Trustee shall receive in such capacity any amount under this Agreement and at the time of receipt such holder or the Senior Debt Trustee is not entitled to (whether by reason of maturity, acceleration or otherwise) such amount under the terms of such Senior Indebtedness, then such holder or the Senior Debt Trustee shall turn over such amount to the Company. Any 113 such amount so received by any holder of Senior Indebtedness or the Senior Debt Trustee which such holder or the Senior Debt Trustee is so required to turn over to the Company shall in no circumstances be considered to be a payment on account of such Senior Indebtedness.

Appears in 2 contracts

Samples: Indenture (Rogers Wireless Inc), Indenture (Rogers Wireless Inc)

PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES. Pursuant to Section 1207 of the Indenture, if a holder of Senior Indebtedness or the Senior Debt Trustee shall receive in such capacity any amount under this Agreement and at the time of receipt such holder or the Senior Debt Trustee is not entitled to (whether by reason of maturity, acceleration or otherwise) such amount under the terms of such Senior Indebtedness, 123 then such holder or the Senior Debt Trustee shall turn over such amount to the Company. Any such amount so received by any holder of Senior Indebtedness or the Senior Debt Trustee which such holder or the Senior Debt Trustee is so required to turn over to the Company shall in no circumstances be considered to be a payment on account of such Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Rogers Wireless Inc)

PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES. Pursuant to Section 1207 of the Indenture, if a holder of Senior Indebtedness or the Senior Debt Trustee shall receive in such capacity any amount under this Agreement and at the time of receipt such holder or the Senior Debt Trustee is not entitled to (whether by reason of maturity, acceleration or otherwise) such amount under the terms of such Senior Indebtedness, 112 then such holder or the Senior Debt Trustee shall turn over such amount to the Company. Any such amount so received by any holder of Senior Indebtedness or the Senior Debt Trustee which such holder or the Senior Debt Trustee is so required to turn over to the Company shall in no circumstances be considered to be a payment on account of such Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Rogers Wireless Inc)

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PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES. Pursuant to Section 1207 of the Indenture, if a holder of Senior Indebtedness or the Senior Debt Trustee Trustees shall receive in such capacity any amount under this Agreement and at the time of receipt such holder or the Senior Debt Trustee is Trustees are not entitled to (whether by reason of maturity, acceleration or otherwise) such amount under the terms of such Senior Indebtedness, then such holder or the Senior Debt Trustee Trustees shall turn over such amount to the Company. Any such amount so received by any holder of Senior Indebtedness or the Senior Debt Trustee Trustees which such holder or the Senior Debt Trustee is Trustees are so required to turn over to the Company shall in no circumstances be considered to be a payment on account of such Senior Indebtedness.

Appears in 1 contract

Samples: Subordination Agreement (Rogers Wireless Inc)

PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES. Pursuant to Section 1207 of the Indenture, if a holder of Senior Indebtedness or the Senior Debt Trustee shall receive in such capacity any amount under this Agreement and at the time of receipt such holder or the Senior Debt Trustee is not entitled to (whether by reason of maturity, acceleration or otherwise) such amount under the terms of such Senior Indebtedness, then such holder or the Senior Debt Trustee shall turn over such amount to the Company. Any 115 such amount so received by any holder of Senior Indebtedness or the Senior Debt Trustee which such holder or the Senior Debt Trustee is so required to turn over to the Company shall in no circumstances be considered to be a payment on account of such Senior Indebtedness.

Appears in 1 contract

Samples: Indenture (Rogers Wireless Inc)

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