Common use of Return of Unclaimed Monies Clause in Contracts

Return of Unclaimed Monies. The Trustee and the Paying Agent shall pay to the Company any money held by them for the payment of principal or premium, if any, or interest (including Liquidated Damages, if any) that remains unclaimed for two years after the date upon which such payment shall have become due. After payment to the Company, Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and such Paying Agent with respect to such money shall cease.

Appears in 10 contracts

Samples: Indenture (Vertex Pharmaceuticals Inc / Ma), Indenture (Nektar Therapeutics), Indenture (Vertex Pharmaceuticals Inc / Ma)

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Return of Unclaimed Monies. The Trustee and the Paying Agent shall pay to the Company any money held by them for the payment of principal or premium, if any, or interest (including Liquidated Damages, if any) that remains unclaimed for two years after the date upon which such payment shall have become due. After payment to the Company, Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and such the Paying Agent with respect to such money shall cease.

Appears in 2 contracts

Samples: Indenture (Cv Therapeutics Inc), Indenture (Cyberonics Inc)

Return of Unclaimed Monies. The Trustee and the Paying Agent shall pay to the Company any money held by them for the payment of principal or premium, if any, or interest (including Liquidated Damages, if any) that remains unclaimed for two years after the date upon which such payment shall have become due. After payment to the Company, Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and such the Paying Agent with respect to such money shall cease.

Appears in 2 contracts

Samples: Indenture (Cv Therapeutics Inc), Indenture (Cv Therapeutics Inc)

Return of Unclaimed Monies. The Trustee and the Paying Agent shall pay to the Company any money held by them for the payment of principal or premium, if any, or interest (including Liquidated DamagesAdditional Amounts, if any) that remains unclaimed for two 2 years after the date upon which such payment shall have become due. After payment to the Company, Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and such Paying Agent with respect to such money shall cease.

Appears in 2 contracts

Samples: Indenture (Foster Wheeler LTD), Indenture (First American Financial Corp)

Return of Unclaimed Monies. The Trustee and the Paying Agent shall pay to the Company any money held by them for the payment of principal or premium, if any, or interest (including Liquidated DamagesAdditional Amounts, if any) that remains unclaimed for two years after the date upon which such payment shall have become due. After payment to the Company, Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and such Paying Agent with respect to such money shall cease.

Appears in 2 contracts

Samples: Indenture (Vitesse Semiconductor Corp), Indenture (Curagen Corp)

Return of Unclaimed Monies. The Trustee and the Paying and Conversion Agent shall pay to the Company Issuer any money held by them for the payment of principal or premium, if any, or interest (including Liquidated DamagesAdditional Interest, if any) that remains unclaimed for two years after the date upon which such payment shall have become due. After payment to the CompanyIssuer, Holders entitled to the money must look to the Company Issuer for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and such the Paying and Conversion Agent with respect to such money shall cease.

Appears in 1 contract

Samples: Indenture (BMB Munai Inc)

Return of Unclaimed Monies. The Subject to the restrictions of applicable law, the Trustee and the each Paying Agent shall pay to the Company Issuer upon request any money held by them for the payment of principal or premium, if any, or interest (including Liquidated Damages, if any) Interest that remains unclaimed for two years after the date upon which a right to such payment shall have become duemoney has matured. After payment to the CompanyIssuer, Holders entitled to the money must look to the Company Issuer for payment as general creditors unless an applicable abandoned property law designates another Personperson, and all liability of the Trustee and such each Paying Agent shall be relieved of all liability with respect to such money shall ceasemoney.

Appears in 1 contract

Samples: Indenture (Empire State Realty OP, L.P.)

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Return of Unclaimed Monies. The Trustee and the Paying Agent shall pay to the Company any money held by them for the payment of principal or premium, if any, or interest (including Liquidated Damages, if any) that remains unclaimed for two years after the date upon which such payment shall have become due. After payment to the Company, Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and such the Paying Agent with respect to such money shall cease.

Appears in 1 contract

Samples: Indenture (Equinix Inc)

Return of Unclaimed Monies. The Trustee and the Paying Agent shall pay to the Company any money held by them for the payment of principal or premium, if any, or interest (including Liquidated DamagesAdditional Amounts, if any) that remains unclaimed for two years 18 months after the date upon which such payment shall have become due. After payment to the Company, Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and such Paying Agent with respect to such money shall cease.

Appears in 1 contract

Samples: Indenture (Teva Pharmaceutical Finance Bv)

Return of Unclaimed Monies. The Trustee and the Paying Agent shall pay to the Company any money held by them for the payment of principal or premium, if any, or interest (including Liquidated Damages, if any) that remains unclaimed for two years after the date upon which such payment shall have become due. After payment to the Company, Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and such Paying Agent with respect to such money shall cease.

Appears in 1 contract

Samples: Indenture (Nektar Therapeutics)

Return of Unclaimed Monies. The Trustee and the Paying Agent shall pay to the Company any money held by them for the payment of principal or premium, if any, or interest (including Liquidated DamagesDamages and Additional Tax Amounts, if any) that remains unclaimed for two years after the date upon which such payment shall have become due. After payment to the Company, Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another Person, and all liability of the Trustee and such the Paying Agent with respect to such money shall cease.

Appears in 1 contract

Samples: Senior Indenture (M-Systems Flash Disk Pioneers LTD)

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