Common use of Repayment to Company or Guarantor Clause in Contracts

Repayment to Company or Guarantor. The Trustee and the Paying Agent shall promptly pay to the Company or any Guarantor any excess money or Government Obligations (or proceeds therefrom) held by them at any time upon the written request of the Company. Subject to the requirements of any applicable abandoned property laws, the Trustee and the Paying Agent shall pay to the Company upon written request any money held by them for the payment of principal, premium (if any), interest or any Additional Amounts that remain unclaimed for two years after the date upon which such payment shall have become due. After payment to the Company, Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and the Paying Agent with respect to such money shall cease.

Appears in 13 contracts

Samples: Indenture (Riley Exploration Permian, Inc.), KLX Energy Services Holdings, Inc., Indenture (Jones Energy, Inc.)

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Repayment to Company or Guarantor. The Trustee and the Paying Agent shall promptly pay to the Company or any the Guarantor any excess money or Government Obligations (or proceeds therefrom) held by them at any time upon the written request of the Company. Subject to the requirements of any applicable abandoned property laws, the Trustee and the Paying Agent shall pay to the Company upon written request any money held by them for the payment of principal, premium (if any), interest or any Additional Amounts that remain unclaimed for two years after the date upon which such payment shall have become due. After payment to the Company, Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and the Paying Agent with respect to such money shall cease.

Appears in 12 contracts

Samples: Shell International Finance B.V., Shell International Finance B.V., Phillips 66

Repayment to Company or Guarantor. The Trustee and the Paying Agent shall promptly pay to the Company or any the Guarantor any excess money or Government Obligations (or proceeds therefrom) held by them at any time upon the written request of the CompanyGuarantor. Subject to the requirements of any applicable abandoned property laws, the Trustee and the Paying Agent shall pay to the Company upon written request any money held by them for the payment of principal, premium (if any), interest or any Additional Amounts that remain remains unclaimed for two years after the date upon which such payment shall have become due. After payment to the Company, Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and the Paying Agent with respect to such money shall cease.

Appears in 2 contracts

Samples: Conoco Inc /De, Conoco Funding Co

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Repayment to Company or Guarantor. The Trustee and the Paying Agent shall promptly pay to the Company or any Guarantor any excess money or Government Obligations (or proceeds therefrom) held by them at any time upon the written request of the Company. Subject to the requirements of any applicable abandoned property laws, the Trustee and the Paying Agent shall pay to the Company upon written request any money held by them for the payment of principal, premium (if any), ) or interest or any Additional Amounts that remain remains unclaimed for two years after the date upon which such payment shall have become due. After payment to the Company, Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and the Paying Agent with respect to such money shall cease.

Appears in 1 contract

Samples: Indenture (Dream Finders Homes, Inc.)

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