Common use of Release of Paying Agent Clause in Contracts

Release of Paying Agent. In connection with the satisfaction and discharge of this Indenture all moneys 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.

Appears in 4 contracts

Samples: Indenture (Iat Multimedia Inc), Indenture (Maxtor Corp), KDW Draft (Westbridge Capital Corp)

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Release of Paying Agent. In connection with the satisfaction and discharge of this Indenture all moneys monies or Eligible 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 moneysmonies or Eligible Obligations.

Appears in 3 contracts

Samples: Senior Note Indenture (Anthem Inc), Indenture (Anthem Inc), Anthem Inc

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Release of Paying Agent. In connection with the satisfaction and discharge of this Indenture all moneys then held by any Paying Agent under the provisions of this Indenture shall, upon written 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.

Appears in 1 contract

Samples: Indenture (Iat Multimedia Inc)

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