Common use of Repayment of the Company Clause in Contracts

Repayment of the Company. The Trustee and the Paying Agent shall return to the Company upon written request any money or securities held by them for the payment of any amount with respect to the Notes that remains unclaimed for two years, subject to applicable unclaimed property law. After return to the Company, Holders entitled to the money or securities must look to the Company for payment as general creditors unless an applicable abandoned property law designates another person and the Trustee and the Paying Agent shall have no further liability to the Noteholders with respect to such money or securities for that period commencing after the return thereof.

Appears in 13 contracts

Samples: Indenture (PRG Schultz International Inc), Indenture (PRG Schultz International Inc), Indenture (Finisar Corp)

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Repayment of the Company. The Trustee and the Paying ------------------------ Agent shall return to the Company upon written request any money or securities held by them for the payment of any amount with respect to the Notes that remains unclaimed for two years, subject to applicable unclaimed property law. After return to the Company, Holders entitled to the money or securities must look to the Company for payment as general creditors unless an applicable abandoned property law designates another person and the Trustee and the Paying Agent shall have no further liability to the Noteholders with respect to such money or securities for that period commencing after the return thereof.

Appears in 2 contracts

Samples: Asyst Technologies Inc /Ca/, Resmed Inc

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