Repayment of Unclaimed Money Sample Clauses

Repayment of Unclaimed Money. Any monies deposited to the Related Note Liquidation Accounts pursuant to Sections 2.12 or 2.13 and not claimed by and paid as provided for in the said sections to Noteholders within six years after the date on which the payment first becomes due, subject to applicable law, shall be repaid by the Indenture Trustee to the Trust, with interest, if any, on demand by the Trust, and thereupon the Indenture Trustee and the Trust shall be released from all further liability with respect to such monies, and thereafter the Noteholders in respect of which such monies were so repaid to the Trust shall have no rights in respect thereof and the Trust shall be discharged from its obligations in respect thereof.
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Repayment of Unclaimed Money. In the event that any Bond issued hereunder shall not be presented for payment when the principal thereof becomes due, either at maturity or otherwise, or at the date fixed for the redemption thereof and the Company shall have deposited with the Trustee for the purpose, or left with it if previously so deposited, moneys sufficient to pay or redeem such bond, the Trustee shall, upon demand of the Company, in case the holder of any such bond shall not, within six (6) years after the maturity of any such bond or the date fixed for the redemption of any such bond, claim the amount so deposited, pay over to the Company such amount, if the Company if at the time no Default or Event of Default has occurred or is continuing. The Trustee shall thereupon be relieved from all responsibility to the holder thereof and in the event of such payment to the Company the holder of any such Bond shall be deemed to be an unsecured creditor of the Company for an amount equivalent to the amount deposited as above stated for the payment thereof and so paid over to the Company.
Repayment of Unclaimed Money. Subject to applicable law, any money deposited to the Related Note Payment Accounts pursuant to Sections 2.14 or 2.15 and not claimed by and paid to Noteholders as provided in such sections within six years after the date on which payment first becomes due and payable, shall be repaid to the Trust, with interest, if any, on demand, and thereupon the Trust shall be released from all further liability with respect to such money, and thereafter the holders of the Notes in respect of which such moneys were so repaid to the Trust shall have no rights in respect thereof and the Trust shall be discharged from its obligations in respect thereof.
Repayment of Unclaimed Money. Subject to applicable law, any amount deposited pursuant to Section 8.2 and not claimed by and paid to the Holders of Notes as provided in Section 8.2 within six years after the later of the date of such deposit and the applicable Maturity Date shall be repaid to the Corporation by the Trustee on demand, together with any interest accrued thereon, and thereupon the Trustee shall be released from all further liability with respect to such amount and thereafter the Holders of the Notes in respect of which such amount was so repaid to the Corporation shall have no rights in respect thereof and the Corporation shall be discharged from its obligations in respect thereof.
Repayment of Unclaimed Money. Subject to Applicable Law, any amount deposited pursuant to Section 12.2 and not claimed by and paid to the Debentureholders as provided in Section 12.2 within two years after the later of the date of such deposit and the applicable Maturity Date shall be repaid to the Corporation by the Trustee on written demand provided that the Debentureholders are first provided with written notice in accordance with Section 14.2 of any such demand by the Corporation and provided that the Debentureholders are given 20 days from the date of such written notice to claim any such amount yet claimed by the Debentureholder, and thereupon the Trustee shall be released from all further liability with respect to such amount and thereafter the Holders of the Debentures in respect of which such amount was so repaid to the Corporation shall have no rights in respect thereof and the Corporation shall be discharged from its obligations in respect thereof.
Repayment of Unclaimed Money. Any amount set aside under Section 9.2 and not claimed by and paid to Noteholders as provided in Section 9.2 within six years after the later of the date of such setting aside and the applicable Maturity Date shall be repaid to the Issuer by the Trustee on demand and thereupon the Trustee shall be released from all further liability with respect to such amount and thereafter the Noteholders in respect of which such amount was so repaid to the Issuer shall have no rights in respect thereof and the Issuer shall be discharged from its obligations in respect thereof.
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