Common use of Repayment to Partnership Clause in Contracts

Repayment to Partnership. The Trustee and any paying agent shall promptly turn over to the Partnership, upon receipt of a Partnership Request, any excess money or securities (including U.S. Government Obligations) held by them at any time, which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification (which shall not be subject to the requirements of Section 13.05) thereof delivered to the Trustee (which may be the opinion delivered under Section 11.03(b) hereof) are in excess of the amount thereof that would then be required to be deposited to effect a Legal Defeasance Option or Covenant Defeasance Option. Subject to any applicable abandoned property law, the Trustee and any paying agent shall pay to the Partnership upon request any money held by them for the payment of principal, premium or interest that remains unclaimed for two years, and, thereafter, Holders entitled to such money must look to the Partnership for payment as general creditors.