Common use of Payment Upon Resignation or Removal Clause in Contracts

Payment Upon Resignation or Removal. Upon termination of this First Supplemental Indenture or the Base Indenture or the removal or resignation of the Trustee, 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, 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 3 contracts

Samples: Indenture (Kaufman & Broad Home Corp), PCHC Finance I, KBHC Financing I

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Payment Upon Resignation or Removal. Upon termination of this First Supplemental Indenture or the Base Indenture or the removal or resignation of the Trustee, 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, 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 2 contracts

Samples: Lincoln National Corp, Lincoln National Corp

Payment Upon Resignation or Removal. Upon termination of this First Supplemental Indenture or the Base Indenture or the removal or resignation of the TrusteeTrustee pursuant to this Section, 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 Property 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 (Illinova Corp)

Payment Upon Resignation or Removal. Upon termination of this First Supplemental Indenture or the Base Indenture or the removal or resignation of the Trustee, the Company shall pay to the Trustee all amounts accrued then owing to the date Trustee under Section 7.06 of such termination, removal or resignationthe Base Indenture. 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 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: First Supplemental Indenture (Cox Communications Inc /De/)

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

Appears in 1 contract

Samples: Illinois Power Co

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Payment Upon Resignation or Removal. Upon termination of this First Supplemental Indenture or the Base Indenture or the removal or resignation of the Trustee, 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 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 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: First Supplemental Indenture (Semco Energy Inc)

Payment Upon Resignation or Removal. Upon termination of this First Supplemental Indenture or the Base Indenture or the removal or resignation of the TrusteeTrustee pursuant to Section 7.10 of the Indenture, 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 5.7 of the Declaration, the Company shall pay to the Delaware Institutional 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 (Arvin Capital I)

Payment Upon Resignation or Removal. Upon termination of this First Supplemental Indenture or the Base Indenture or the removal or resignation of the Trustee, 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 5.06 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 (Comcast Cable Trust Iii)

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