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 or Change of Control purchase price of or premium or interest on any Security and not applied but remaining unclaimed for two years after the date upon which such principal, Change of Control purchase price, premium or interest shall have become due and payable shall, upon the written request of the Issuer, be repaid to the Issuer by the Trustee or such paying agent, and the Holder of such Security 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 (NRG Energy Inc), Indenture (NRG Energy Inc), Indenture (NRG Energy Inc)

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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 Paying Agent for the payment of the principal or Change of Control purchase price of or premium (if any) on or interest on any Security Note and not applied but remaining unclaimed for two years after the date upon which such principal, Change of Control purchase price, premium or interest shall have become due and payable payable, shall, upon at the written request of the IssuerCompany’s request, be repaid to the Issuer Company by the Trustee or such paying agentPaying Agent, and the Holder of such Security the Note 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 5 contracts

Samples: Block, Inc., Coinbase Global, Inc., Square, 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 or Change Principal of Control purchase price of or premium or interest on any Security and not applied but remaining unclaimed for two years after the date upon which such principal, Change of Control purchase price, premium Principal or interest shall have become due and payable payable, shall, upon the written request of the IssuerIssuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Issuer by the Trustee or such paying agent, and the Holder of such the Security shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the issuer 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 (Cone Mills Corp), Cone Mills 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 or Change Principal of Control purchase price of or premium or interest on any Security Note and not applied but remaining unclaimed for two years after the date upon which such principal, Change of Control purchase price, premium Principal or interest shall have become due and payable payable, shall, upon the written request of the IssuerCompany 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 or such paying agent, and the Holder of such Security the Note 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 (Aes Corporation), Senior Indenture (Aes Corporation)

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 or Change of Control purchase price of or premium (if any) on or interest on any Security Note and not applied but remaining unclaimed for two years after the date upon which such principal, Change of Control purchase price, premium or interest shall have become due and payable shallpayable, upon the written request of the Issuer, shall be repaid to the Issuer Company by the Trustee or such paying agentPaying Agent, and the Holder of such Security the Note 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: Supplemental Indenture (Seagate Technology), Indenture (Seagate Technology PLC)

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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 or Change of Control purchase price of of, or premium or interest on any Security and not applied but remaining unclaimed for two years after the date upon which such principal, Change of Control purchase price, premium or interest shall have become due and payable shall, upon the written request of the Issuer, be repaid to the Issuer by the Trustee or such paying agent, and the Holder of such Security shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the issuer 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 (NRG Energy 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 or Change of Control purchase price of or premium or interest on any Security and not applied but remaining unclaimed for two years after the date upon which such principal, Change of Control purchase price, premium or interest shall have become due and payable shall, upon the written request of the Issuer, be repaid to the Issuer by the Trustee or such paying agent, and the Holder of such Security shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the issuer 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 (NRG Energy 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 or Change of Control purchase price of or 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, Change of Control purchase price, premium or interest shall have become due and payable shallpayable, upon the written request of the Issuer, shall be repaid to the Issuer Company by the Trustee for such series or such paying agentPaying Agent, and the Holder of the Note of such Security 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 1 contract

Samples: Indenture (Seagate Technology)

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