Repayment of Monies Held by Paying Agent. In connection with the satisfaction and discharge of this Junior Indenture, all monies then held by any Paying Agent under this Junior Indenture shall, upon demand of the Company, be repaid to it or paid to the Trustee, and thereupon such Paying Agent shall be released from all further liability with respect to such monies.
Appears in 7 contracts
Samples: Junior Indenture (Maui Electric Co LTD), Junior Indenture (Hawaiian Electric Co Inc), Junior Indenture (Hawaiian Electric Co Inc)
Repayment of Monies Held by Paying Agent. In connection with the satisfaction and discharge of this Junior Indenture, all monies then held by any Paying Agent under this Junior Indenture shall, upon demand of the Company, be repaid to it or paid to the Trustee, and thereupon such Paying Agent shall be released from all further liability with respect to such moniesmoneys.
Appears in 2 contracts
Samples: Junior Indenture (Heco Capital Trust Ii), Junior Indenture (Hawaiian Electric Co Inc)
