Return of Unclaimed Moneys. Any moneys deposited with or paid to the Trustee for payment of the principal of or any premium or interest on any Notes and not applied but remaining unclaimed by the Holders of such Notes for two years after the date upon which the principal of or any premium or interest on such Notes, as the case may be, shall have become due and payable, shall be repaid to the Company, subject to applicable abandoned property laws, by the Trustee on written demand by the Company; and any Holder of any of such Notes shall thereafter look only to the Company for any payment which such Holder may be entitled to collect.
Appears in 7 contracts
Samples: Indenture (Pennsylvania Electric Co), Indenture (Union Electric Co), Indenture (Central Illinois Public Service Co)
Return of Unclaimed Moneys. Any moneys deposited with or paid to the Trustee for payment of the principal of or any premium or interest on any Notes and not applied but remaining unclaimed by the Holders of such Notes for two years after the date upon which the principal of or any premium or interest on such Notes, as the case may be, shall have become due and payable, shall be repaid to the Company, subject to applicable abandoned property laws, Company by the Trustee on written demand by an Authorized Agent, and all liability of the CompanyTrustee shall thereupon cease; and any Holder of any of such Notes shall thereafter look only to the Company for any payment which such Holder may be entitled to collect.
Appears in 2 contracts
Samples: Senior Unsecured Note Indenture (Nevada Power Co), Indenture (Northern States Power Co /Mn/)
Return of Unclaimed Moneys. Any moneys deposited with or paid to the Trustee for payment of the principal of or any premium premium, if any, or interest on any Notes and not applied but remaining unclaimed by the Holders of such Notes for two years after the date upon which the principal of or any premium premium, if any, or interest on such Notes, as the case may be, shall have become due and payable, shall be repaid to the Company, subject to applicable abandoned property laws, by the Trustee on written demand by the Company; and any Holder of any of such Notes shall thereafter look only to the Company for any payment which such Holder may be entitled to collect.
Appears in 1 contract
Samples: Indenture (Gpu Inc /Pa/)
Return of Unclaimed Moneys. Any moneys deposited with or paid to the Trustee for payment of the principal of or any premium or interest on any Notes and not applied but remaining unclaimed by the Holders of such Notes for two years one year after the date upon which the principal of or any premium or interest on such Notes, as the case may be, shall have become due and payable, shall be repaid to the Company, subject to applicable abandoned property laws, Company by the Trustee on written demand by an Authorized Agent, and all liability of the CompanyTrustee shall thereupon cease; and any Holder of any of such Notes shall thereafter look only to the Company for any payment which such Holder may be entitled to collect.
Appears in 1 contract
Samples: Indenture (Puget Sound Energy Inc)
Return of Unclaimed Moneys. Any moneys deposited with or paid to the Trustee for payment of the principal of or any premium premium, if any, or interest on any Notes and not applied but remaining unclaimed by the Holders of such Notes for two years after the date upon which the principal of or any premium premium, if any, or interest on such Notes, as the case may be, shall have become due and payable, shall be repaid to the Company, subject to applicable abandoned property laws, by the Trustee on written demand by the Company; and any Holder of any of such Notes shall thereafter look only to the Company for any payment which such Holder may be entitled to collect.
Appears in 1 contract
