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 the Notes 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 Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company by the Trustee or such Paying Agent, and the Holder of the Notes shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the 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; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment with respect to moneys deposited with it for any payment in respect of the Notes, shall, at the expense of the Company, mail by first-class mail to Holders of the Notes at their addresses as they shall appear on the Note register notice that such moneys remain and that, after a date specified therein, which shall not be less than thirty days from the date of such mailing or publication, any unclaimed balance of such money then remaining will be repaid to the Company.

Appears in 6 contracts

Samples: Indenture (Aar Corp), Indenture (Aar Corp), Indenture (Aar 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 of or interest, if any, interest on the Notes 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 Company Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company Issuer by the Trustee for such series or such Paying Agentpaying agent, and the Holder of the Notes 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 Company 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; provided, howeverPROVIDED, that the Trustee or such Paying Agentpaying agent, before being required to make any such repayment with respect to moneys deposited with it for any payment in respect of the Notes, shall, shall at the expense of the CompanyIssuer, mail by first-class mail to Holders of the Notes such Securities at their addresses as they shall appear on the Note register Security register, notice that such moneys remain and that, after a date specified therein, which shall not be less than thirty 30 days from the date of such mailing or publication, any unclaimed balance of such money then remaining will be repaid to the CompanyIssuer.

Appears in 5 contracts

Samples: Indenture (Exelon Generation Co LLC), Indenture (Exelon Generation Co LLC), Indenture (Exelon Generation Co LLC)

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 the Notes 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 Company Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company Issuer by the Trustee for such series or such Paying Agentpaying agent, and the Holder of the Notes 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 Company 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; cease provided, however, that the Trustee or such Paying Agentpaying agent, before being required to make any such repayment with respect to moneys deposited with it for any payment in respect of the Notesrepayment, shall, may at the expense of the CompanyIssuer cause to be published once, mail by first-class mail to Holders in a newspaper published in the English language, customarily published on each Business Day and of general circulation in the Notes at their addresses as they shall appear on the Note register Borough of Manhattan, The City and State of New York, notice that such moneys remain money remains unclaimed and that, after a date specified therein, which shall not be less than thirty 30 days from the date of such mailing or publication, any unclaimed balance of such money then remaining will be repaid to the CompanyIssuer.

Appears in 4 contracts

Samples: Indenture (Murphy Oil Corp /De), Indenture (Murphy Oil Corp /De), Indenture (Murphy Oil Corp /De)

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 interestpremium, if any, or interest on the Notes any Security 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, payable shall, upon the written request of the Company Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company Issuer by the Trustee or such Paying Agent, and the Holder of the Notes Securities shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Company 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; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment with respect to moneys deposited with it for any payment in respect of the Notespayment, shall, at the expense of the CompanyIssuer, mail by first-class mail to Holders of the Notes such Securities at their addresses as they shall appear on the Note Security register notice that such moneys remain and that, after a date specified therein, which shall not be less than thirty 30 days from the date of such mailing or publicationmailing, any unclaimed balance of such money then remaining will be repaid to the CompanyIssuer upon Issuer Order.

Appears in 3 contracts

Samples: Indenture (American Tower Corp /Ma/), Indenture (American Tower Corp /Ma/), Indenture (American Tower Corp /Ma/)

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 the Notes 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 Company Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company Issuer by the Trustee for such series or such Paying Agentpaying agent, and the Holder of the Notes 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 Company 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; provided, however, that the Trustee or such Paying Agentpaying agent, before being required to make any such repayment with respect to moneys deposited with it for any payment in respect of the NotesSecurities of any series, shall, shall at the expense of the Company, Issuer mail by first-class mail to Holders of the Notes such Securities at their addresses as they shall appear on the Note Security register notice that such moneys remain and that, after a date specified therein, which shall not be less than thirty 30 days from the date of such mailing or publication, any unclaimed balance of such money then remaining will be repaid to the CompanyIssuer.

Appears in 2 contracts

Samples: Indenture (Idex Corp /De/), Indenture (Allied Air 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 the Notes 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 Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company by the Trustee or such Paying Agent, and the Holder of the Notes shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the 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; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment with respect to moneys deposited with it for any payment in respect of the Notes, shall, at the expense of the Company, mail by first-class mail to Holders of the Notes at their addresses as they shall appear on the Note register Register notice that such moneys remain and that, after a date specified therein, which shall not be less than thirty days from the date of such mailing or publication, any unclaimed balance of such money then remaining will be repaid to the Company.

Appears in 2 contracts

Samples: Indenture (Aar Corp), Indenture (Aar 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, on the Notes 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 Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company by the Trustee or such Paying Agent, and the Holder of the Notes shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Company and the Guarantors 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; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment with respect to moneys deposited with it for any payment in respect of the Notes, shall, at the expense of the Company, mail by first-class mail to Holders of the Notes at their addresses as they shall appear on the Note register notice that such moneys remain and that, after a date specified therein, which shall not be less than thirty 30 days from the date of such mailing or publication, any unclaimed balance of such money then remaining will be repaid to the Company.

Appears in 1 contract

Samples: Indenture (Saks 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 interestinterest (including Contingent Interest), if any, on the Notes and not applied but remaining unclaimed for two years after the date upon which such principal or interestinterest (including Contingent Interest), if any, shall have become due and payable, shall, upon the written request of the Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company by the Trustee or such Paying Agent, and the Holder of the Notes shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the 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; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment with respect to moneys deposited with it for any payment in respect of the Notes, shall, at the expense of the Company, mail by first-class mail to Holders of the Notes at their addresses as they shall appear on the Note register notice that such moneys remain and that, after a date specified therein, which shall not be less than thirty 30 days from the date of such mailing or publication, any unclaimed balance of such money then remaining will be repaid to the Company.

Appears in 1 contract

Samples: Indenture (PSS World Medical 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, interest on the Notes 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 Company Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company Issuer by the Trustee for such series or such Paying Agentpaying agent, and the Holder of the Notes 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 Company 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; provided, however, that the Trustee or such Paying Agentpaying agent, before being required to make any such repayment with respect to moneys deposited with it for any payment in respect of the Notespayment, shall, at the expense of the CompanyIssuer, mail by first-class mail to Holders of the Notes such Securities at their addresses as they shall appear on the Note register Security register, notice that such moneys remain and that, after a date specified therein, which shall not be less than thirty 30 days from the date of such mailing or publicationmailing, any unclaimed balance of such money then remaining will be repaid to the CompanyIssuer.

Appears in 1 contract

Samples: Bbva Compass Bancshares, 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 for the payment of the principal of or interest, if any, on the Notes 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 Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company by the Trustee or such Paying Agent, and the Holder of the Notes shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the 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; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment with respect to moneys deposited with it for any payment in respect of the Notes, shall, at the expense of the Company, mail by first-class mail to Holders of the Notes at their addresses as they shall appear on the Note register notice that such moneys remain and that, after a date specified therein, which shall not be less than thirty 30 days from the date of such mailing or publication, any unclaimed balance of such money then remaining will be repaid to the Company.

Appears in 1 contract

Samples: Indenture (Enzon Pharmaceuticals 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, interest on the Notes 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 Company Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company Issuer by the Trustee for such series or such Paying Agentpaying agent, and the Holder of the Notes 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 Company 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; provided, however, PROVIDED that the Trustee or such Paying Agentpaying agent, before being required to make any such repayment with respect to moneys deposited with it for any payment in respect of the Notes, shall, shall at the expense of the CompanyIssuer, mail by first-class mail to Holders of the Notes such Securities at their addresses as they shall appear on the Note register Security register, notice that such moneys remain and that, after a date specified therein, which shall not be less than thirty 30 days from the date of such mailing or publication, any unclaimed balance of such money then remaining will be repaid to the CompanyIssuer.

Appears in 1 contract

Samples: Exelon 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, on the Notes 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 Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company by the Trustee or such Paying Agent, and the Holder of the Notes shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the 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; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment with respect to moneys deposited with it for any payment in respect of the Notes, shall, at the expense of the Company, mail by first-class mail to Holders of the Notes at their addresses as they shall appear on the Note register Register notice that such moneys remain and that, after a date specified therein, which shall not be less than thirty 30 days from the date of such mailing or publication, any unclaimed balance of such money then remaining will be repaid to the Company.. 52

Appears in 1 contract

Samples: Indenture (Ciena 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, on the Notes 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 Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company by the Trustee or such Paying Agent, and the Holder of the Notes shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the 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; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment with respect to moneys deposited with it for any payment in respect of the Notes, shall, at the expense of the Company, mail by first-class mail to Holders of the Notes at their addresses as they shall appear on the Note register Register notice that such moneys remain and that, after a date specified therein, which shall not be less than thirty 30 days from the date of such mailing or publication, any unclaimed balance of such money then remaining will be repaid to the Company.

Appears in 1 contract

Samples: Change   Stock (Ciena 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 the Notes 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 Company Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company Issuer by the Trustee for such series or such Paying Agentpaying agent, and the Holder of the Notes 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 Company 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; provided, however, that the Trustee or such Paying Agentpaying agent, before being required to make any such repayment with respect to moneys deposited with it for any payment in respect of the Notespayment, shall, shall at the expense of the CompanyIssuer, mail by first-class mail to Holders of the Notes Securities at their addresses as they shall appear on the Note Security register notice that such moneys remain and that, after a date specified therein, which shall not be less than thirty 30 days from the date of such mailing or publicationmailing, any unclaimed balance of such money moneys then remaining will be repaid to the CompanyIssuer.

Appears in 1 contract

Samples: Transcanada Pipelines LTD

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