Common use of Repayment of Monies Held by Paying Agent Clause in Contracts

Repayment of Monies Held by Paying Agent. In connection with the satisfaction and discharge of this Subordinated Indenture with respect to Securities of any series, all monies then held by any paying agent under the provisions of this Subordinated Indenture with respect to such series of Securities shall, upon demand of the Issuer, 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 2 contracts

Samples: Subordinated Indenture (Sumitomo Mitsui Financial Group, Inc.), Subordinated Indenture (Sumitomo Mitsui Financial Group, Inc.)

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Repayment of Monies Held by Paying Agent. In connection with the satisfaction and discharge of this Perpetual Subordinated Indenture with respect to Securities of any series, all monies then held by any paying agent under the provisions of this Perpetual Subordinated Indenture with respect to such series of Securities shall, upon demand of the Issuer, 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 2 contracts

Samples: Perpetual Subordinated Indenture (Sumitomo Mitsui Financial Group, Inc.), Perpetual Subordinated Indenture (Sumitomo Mitsui Financial Group, Inc.)

Repayment of Monies Held by Paying Agent. In connection with the satisfaction and discharge of this Subordinated Indenture with respect to Securities of any seriesSecurities, all monies then held by any paying agent Paying Agent under the provisions of this Subordinated Indenture with respect to such series of Securities shall, upon demand of the IssuerCompany, be repaid to it the Company or paid to the Trustee and thereupon such paying agent Paying Agent shall be released from all further liability with respect to such monies.

Appears in 1 contract

Samples: Indenture (New Millennium Homes LLC)

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Repayment of Monies Held by Paying Agent. In connection with the satisfaction and discharge of this Subordinated Indenture with respect to the Securities of any seriesseries or the defeasance thereof, all monies then held by any paying agent under the provisions of this Subordinated Indenture with respect to such series of Securities shall, upon demand of the Issuer, 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.. SECTION

Appears in 1 contract

Samples: Senior Indenture (Freeport McMoran Copper & Gold Inc)

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