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 Indenture (Seagull Energy Corp), Ocean Energy Inc /Tx/, Belco Oil & Gas 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 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: Triton Energy LTD, Hovnanian Enterprises Inc, Hovnanian Enterprises 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 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 (Smith & Nephew PLC), Astrazeneca 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 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: Third Supplemental Indenture (Triton Energy Corp), Citizens Communications Co, Hovnanian Enterprises 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 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 Online Holdings Corp.), Indenture (Calpine Corp), Indenture (First American Financial 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, 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: Service Corporation International, Service Corporation International, Service Corporation International

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.)

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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 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.), Leidos Holdings, 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 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 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: 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 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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