Common use of Payment Upon Resignation or Removal Clause in Contracts

Payment Upon Resignation or Removal. Upon termination of this Third Supplemental Indenture or the Indenture or the removal or resignation of the Trustee pursuant to this Section 4.2, the Company shall pay to the Trustee all amounts accrued to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Institutional Trustee, as the case may be, pursuant to Section 5.6 of the Declaration, the Company shall pay to the Delaware Trustee or the Institutional Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 2 contracts

Samples: MCN Financing Iv, MCN Corp

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Payment Upon Resignation or Removal. Upon termination of this Third First Supplemental Indenture or the Indenture or the removal or resignation of the Trustee pursuant to this Section 4.2, the Company shall pay to the Trustee all amounts accrued to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Institutional Trustee, as the case may be, pursuant to Section 5.6 4.6 of the Declaration, the Company shall pay to the Delaware Trustee or the Institutional Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 2 contracts

Samples: First Supplemental Indenture (American Heritage Life Investment Corp), Indenture (Owens Corning Capital Ii)

Payment Upon Resignation or Removal. Upon termination of this Third Second Supplemental Indenture or the Indenture or the removal or resignation of the Trustee pursuant to this Section 4.2Trustee, unless otherwise stated, the Company shall pay to the Trustee all amounts accrued to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Institutional Trustee, as the case may be, pursuant to Section 5.6 of the Declaration, the Company shall pay to the Delaware Trustee or the Institutional Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 2 contracts

Samples: Indenture (Fleet Financial Group Inc), Indenture (Fleet Capital Trust I)

Payment Upon Resignation or Removal. Upon termination of this Third ______ Supplemental Indenture or or, the Indenture or the removal or resignation of the Trustee pursuant to this Section 4.25.2, the Company shall pay to the Trustee all amounts accrued to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Institutional Trustee, as the case may be, pursuant to Section 5.6 of the Declaration, the Company shall pay to the Delaware Trustee or the Institutional Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: MCN Financing Iv

Payment Upon Resignation or Removal. Upon termination of this Third Fifth Supplemental Indenture or the Indenture or the removal or resignation of the Trustee pursuant to this Section 4.2Trustee, unless otherwise stated, the Company shall pay to the Trustee all amounts accrued to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Institutional Property Trustee, as the case may be, pursuant to Section 5.6 5.7 of the Declaration, the Company shall pay to the Delaware Trustee or the Institutional Property Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: Indenture (Bank of America Corp /De/)

Payment Upon Resignation or Removal. Upon termination of this Third First Supplemental Indenture or the Base Indenture or the removal or resignation of the Trustee pursuant to this Section 4.2, the Company shall pay to the Trustee all amounts accrued to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Institutional Trustee, as the case may be, pursuant to Section 5.6 4.6 of the Declaration, the Company shall pay to the Delaware Trustee or the Institutional Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: First Supplemental Indenture (American Heritage Life Investment Corp)

Payment Upon Resignation or Removal. Upon termination of this Third First Supplemental Indenture or the Indenture or the removal or resignation of the Trustee pursuant to this Section 4.25.2, the Company shall pay to the Trustee all amounts accrued to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Institutional Property Trustee, as the case may be, pursuant to Section 5.6 of the Declaration, the Company shall pay to the Delaware Trustee or the Institutional Property Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: Nationwide Financial Services Inc/

Payment Upon Resignation or Removal. Upon termination of this Third Second Supplemental Indenture or the Indenture or the removal or resignation of the Trustee pursuant to this Section 4.25.2, the Company shall pay to the Trustee all amounts accrued to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Institutional Trustee, as the case may be, pursuant to Section 5.6 of the Declaration, the Company shall pay to the Delaware Trustee or the Institutional Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: Hartford Life Capital Ii

Payment Upon Resignation or Removal. Upon termination of this Third Supplemental Indenture or the Original Indenture or the removal or resignation of the Trustee pursuant to this Section 4.2402, the Company shall pay to the Trustee all amounts accrued to the date of such termination, removal or resignation. Upon termination of the Declaration Trust Agreement or the removal or resignation of the Delaware Trustee or the Institutional Property Trustee, as the case may be, pursuant to Section 5.6 8.10 of the DeclarationTrust Agreement, the Company shall pay to the Delaware Trustee or the Institutional Property Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: Indenture (Teco Energy Inc)

Payment Upon Resignation or Removal. Upon termination of this Third Fourth Supplemental Indenture or the Indenture or the removal or resignation of the Trustee pursuant to this Section 4.2Trustee, unless otherwise stated, the Company shall pay to the Trustee all amounts accrued to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Institutional Property Trustee, as the case may be, pursuant to Section 5.6 of the Declaration, the Company shall pay to the Delaware Trustee or the Institutional Property Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Nb Capital Trust Iv)

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Payment Upon Resignation or Removal. Upon termination of this Third First Supplemental Indenture or the Base Indenture or the removal or resignation of the Trustee pursuant to this Section 4.25.2, the Company shall pay to the Trustee all amounts accrued then owing to the date Trustee under Section 606 of such termination, removal or resignationthe Base Indenture. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Institutional Trustee, as the case may be, pursuant to Section 5.6 of the Declaration, the Company shall pay to the Delaware Trustee or the Institutional Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: Indenture (Cendant Corp)

Payment Upon Resignation or Removal. Upon termination of this Third Supplemental Indenture or the Indenture or the removal or resignation of the Trustee pursuant to this Section 4.2Trustee, unless otherwise stated, the Company shall pay to the Trustee all amounts accrued to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Institutional Trustee, as the case may be, pursuant to Section 5.6 of the Declaration, the Company shall pay to the Delaware Trustee or the Institutional Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: Indenture (Fleet Financial Group Inc)

Payment Upon Resignation or Removal. Upon termination of this Third Supplemental Indenture or the Indenture or the removal or resignation of the Trustee pursuant to this Section 4.2Trustee, unless otherwise stated, the Company shall pay to the Trustee all amounts accrued to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Institutional Property Trustee, as the case may be, pursuant to Section 5.6 5.7 of the Declaration, the Company shall pay to the Delaware Trustee or the Institutional Property Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: Third Supplemental Indenture (Bank of America Corp /De/)

Payment Upon Resignation or Removal. Upon termination of this Third Fourth Supplemental Indenture or the Indenture or the removal or resignation of the Trustee pursuant to this Section 4.2Trustee, unless otherwise stated, the Company shall pay to the Trustee all amounts accrued to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Institutional Trustee, as the case may be, pursuant to Section 5.6 of the Declaration, the Company shall pay to the Delaware Trustee or the Institutional Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Fleet Financial Group Inc)

Payment Upon Resignation or Removal. Upon termination of this Third [________] Supplemental Indenture or the Indenture or the removal or resignation of the Trustee pursuant to this Section 4.2Trustee, unless otherwise stated, the Company shall pay to the Trustee all amounts accrued to the date of such termination, removal or resignation. Upon termination of the Declaration or the removal or resignation of the Delaware Trustee or the Institutional Property Trustee, as the case may be, pursuant to Section 5.6 5.7 of the Declaration, the Company shall pay to the Delaware Trustee or the Institutional Property Trustee, as the case may be, all amounts accrued to the date of such termination, removal or resignation.

Appears in 1 contract

Samples: Bank of America Corp /De/

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