Common use of Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years Clause in Contracts

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent for the payment of the principal of or interest, if any, on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal or interest, if any, shall have become due and payable, shall, upon the written request of the Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer by the Trustee for such series or such paying agent, and the Holder of the Securities of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 11 contracts

Samples: Senior Subordinated Indenture (Belco Oil & Gas Corp), Senior Subordinated Indenture (Ocean Energy Inc /La/), Senior Indenture (Seagull Energy Corp)

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Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys or Governmental Obligations deposited with or paid to the Trustee or any paying agent for the payment of the principal of or interest, if any, interest on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal or interest, if any, interest shall have become due and payable, shall, upon the written request of the Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer by the Trustee for such series or such paying agent, and the Holder of the Securities Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 11 contracts

Samples: Indenture (Intuit Inc), Indenture (Intuit Inc), Indenture (Trinet Group, Inc.)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys or Governmental Obligations deposited with or paid to the Trustee or any paying agent for the payment of the principal of or interest, if any, interest on any Security Note of any series and not applied but remaining unclaimed for two years after the date upon which such principal or interest, if any, interest shall have become due and payable, shall, upon the written request of the Issuer Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer Company by the Trustee for such series or such paying agent, and the Holder of the Securities Note of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer Company for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 10 contracts

Samples: Indenture (Cisco Systems Inc), Indenture (Cisco Systems Inc), Indenture (Cisco Systems Inc)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent for the payment of the principal of of, premium, if any, or interest, if any, on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal principal, premium, if any, or interest, if any, shall have become due and payable, shall, upon the written request of the Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer by the Trustee for such series or such paying agent, and the Holder of the Securities of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 8 contracts

Samples: Senior Indenture (York International Corp /De/), Senior Subordinated Indenture (Triton Energy LTD), Senior Indenture (Citizens Communications Co)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent for the payment of the principal of or interest, if any, on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal or interest, if any, interest shall have become due and payable, shall, upon the written request of the Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer by the Trustee for such series or such paying agent, and the Holder of the Securities Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 7 contracts

Samples: Indenture (Astrazeneca PLC), Indenture (Astrazeneca PLC), Indenture (Smith & Nephew PLC)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent Paying Agent for the payment of the principal of or interestinterest or premium, if any, on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal principal, interest or interestpremium, if any, shall have become due and payable, shall, upon the written request of the Issuer Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer Company by the Trustee for such series or such paying agentPaying Agent, and the Holder of the Securities Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer Company for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent Paying Agent with respect to such moneys shall thereupon cease.

Appears in 6 contracts

Samples: Indenture (Td Ameritrade Holding Corp), Indenture (TD AMERITRADE Online Holdings Corp.), Indenture (Calpine Corp)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent for the payment of the principal of of, premium, if any, or interest, if any, on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal principal, premium, if any, or interest, if any, shall have become due and payable, shall, upon the written request of the Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer by the Trustee for such series or such paying agent, agent and the Holder of the Securities of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 6 contracts

Samples: Senior Subordinated Indenture (Hovnanian Enterprises Inc), Subordinated Indenture (Hovnanian Enterprises Inc), Subordinated Indenture (Citizens Communications Co)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys or Government Obligations deposited with or paid to the Trustee or any paying agent Paying Agent for the payment of the principal of or interestof, premium, if any, or interest on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal or interestprincipal, premium, if any, or interest shall have become due and payable, shall, upon the written request of the Issuer Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer Company by the Trustee for such series or such paying agentPaying Agent, and the Holder of the Securities Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer Company or the Guarantors for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent Paying Agent with respect to such moneys shall thereupon cease.

Appears in 4 contracts

Samples: Indenture (Reynolds American Inc), Indenture (Reynolds R J Tobacco Co), Indenture (RJR Acquisition Corp)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any Subject to applicable escheatment laws, any moneys or Governmental Obligations deposited with or paid to the Trustee or any paying agent for the payment of the principal of or interest, if any, interest on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal or interest, if any, interest shall have become due and payable, shall, upon the written request of the Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer by the Trustee for such series or such paying agent, and the Holder of the Securities Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 3 contracts

Samples: Indenture (Lightning eMotors, Inc.), Indenture (Workday, Inc.), Indenture (Illumina, Inc.)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent Paying Agent for the payment of the principal of or interest, if any, on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal or interest, if any, shall have become due and payable, shall, upon the written request of the Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer by the Trustee for such series or such paying agentPaying Agent, and the Holder of the Securities of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent Paying Agent with respect to such moneys shall thereupon cease.

Appears in 3 contracts

Samples: Senior Subordinated Indenture (Service Corporation International), Subordinated Indenture (Service Corporation International), Senior Indenture (Service Corporation International)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any Subject to applicable law, any moneys or Governmental Obligations deposited with or paid to the Trustee or any paying agent for the payment of the principal of or interest, if any, interest on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal or interest, if any, interest shall have become due and payable, shall, upon the written request of the Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer by the Trustee for such series or such paying agent, and the Holder of the Securities Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 2 contracts

Samples: Indenture (Leidos Holdings, Inc.), Indenture (Leidos Holdings, Inc.)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys or Governmental Obligations deposited with or paid to the Trustee or any paying agent for the payment of the principal of or interest, if any, interest on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal or interest, if any, interest shall have become due and payable, shall, upon the written request of the Issuer Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer Company by the Trustee for such series or such paying agent, and the Holder of the Securities Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer Company for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys or Governmental Obligations shall thereupon cease.

Appears in 2 contracts

Samples: Indenture (Cisco Systems, Inc.), Indenture (Cisco Systems, Inc.)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys or Governmental Obligations deposited with or paid to the Trustee or any paying agent for the payment of the principal of or interest, if any, interest on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal or interest, if any, interest shall have become due and payable, shall, upon the written request of the Issuer Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer Company by the Trustee for such series or such paying agent, and the Holder of the Securities Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer Company for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 2 contracts

Samples: Indenture (Palo Alto Networks Inc), Indenture (Palo Alto Networks Inc)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent for the payment of the principal of of, premium, if any, or interest, if any, on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal principal, premium, if any, or interest, if any, shall have become due and payable, shall, upon the written request of the Issuer Issuers and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer Issuers by the Trustee for such series or such paying agent, and the Holder of the Securities of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer Issuers for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 2 contracts

Samples: Senior Indenture (Triton Energy LTD), Senior Indenture (Triton Energy Corp)

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Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent Paying Agent for the payment of the principal Principal of or interest, if any, on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal Principal or interest, if any, shall have become due and payable, shall, upon the written request of the Issuer Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer Company by the Trustee for such series or such paying agentPaying Agent, and the Holder of the Securities Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer Company for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent Paying Agent with respect to such moneys shall thereupon cease.

Appears in 2 contracts

Samples: Indenture (Western Union CO), Indenture (Western Union CO)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent for the payment of the principal of of, premium, if any, or interest, if any, on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal principal, premium, if any, or interest, if any, shall have become due and payable, shall, upon the written request of the Issuer Issuers and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer Issuers by the Trustee for such series or such paying agent, agent and the Holder of the Securities of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer Issuers for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 1 contract

Samples: Senior Subordinated Indenture (Triton Energy Corp)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent for the payment of the principal of or interest, if any, interest on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal or interest, if any, interest shall have become due and payable, shall, upon the written request of the Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer by the Trustee for such series or such paying agent, and the Holder of the Securities of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 1 contract

Samples: Indenture (PayPal Holdings, Inc.)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys or Governmental Obligations deposited with or paid to the Trustee or any paying agent Paying Agent for the payment of the principal of or interest, premium (if any, ) on or interest on any Security Note of any series and not applied but remaining unclaimed for two years after the date upon which such principal principal, premium or interest, if any, interest shall have become due and payable, shall, upon the written request of the Issuer Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer Company by the Trustee for such series or such paying agent, and the Holder of the Securities Note of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer Company for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 1 contract

Samples: Indenture (Seagate Technology HDD Holdings)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent for the payment of the principal of or interest, if any, interest on any Security of any series or Coupons attached thereto and not applied but remaining unclaimed for two years after the date upon which such principal or interest, if any, interest shall have become due and payable, shall, upon the written request of the Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer by the Trustee for such series or such paying agent, and the Holder of the Securities of such series and of any Coupons appertaining thereto shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.the

Appears in 1 contract

Samples: Indenture (Sysco Corp)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent for the payment of the principal of or interest, if any, interest on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal or interest, if any, interest shall have become due and payable, shall, upon the written request of the Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property lawlaw (as advised by counsel, pursuant to Section 6.2), be repaid to the Issuer by the Trustee for such series or such paying agent, and the Holder of the Securities Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 1 contract

Samples: Indenture (Unisys Corp)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent Paying Agent for the payment of the principal of or interest, if any, interest on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal or interest, if any, interest shall have become due and payable, shall, upon the written request of the Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer by the Trustee for such series or such paying agentPaying Agent, and the Holder of the Securities Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent Paying Agent with respect to such moneys shall thereupon cease.

Appears in 1 contract

Samples: Subordinated Indenture (Tyco International LTD /Ber/)

Return of Moneys Held by Trustee and Paying Agent Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent Paying Agent for the payment of the principal of or interestinterest or premium, if any, on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such principal principal, interest or interestpremium, if any, shall have become due and payable, shall, upon the written request of the Issuer Corporate and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer Corporate by the Trustee for such series or such paying agentPaying Agent, and the Holder of the Securities Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Issuer Corporate for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent Paying Agent with respect to such moneys shall thereupon cease.

Appears in 1 contract

Samples: Indenture (Savyon Trust Group,inc)

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