Common use of Scheduled Return of Holder Advances Clause in Contracts

Scheduled Return of Holder Advances. The outstanding Holder Amount shall be due in full on the Expiration Date. On the Expiration Date, subject to the terms of the Participation Agreement, the Owner Trustee shall pay to each Holder its portion of the aggregate Holder Amount then due, together with all accrued but unpaid Holder Yield and all other amounts due to such Holders from the Owner Trustee hereunder or under the Operative Agreements.

Appears in 4 contracts

Samples: Trust Agreement (Sabre Holdings Corp), Trust Agreement (Sabre Holdings Corp), Participation Agreement (Correctional Services Corp)

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Scheduled Return of Holder Advances. The outstanding Holder Amount in respect of any portion of the Property shall be due in full on the Expiration DateDate applicable to such portion of the Property. On the each such Expiration Date, subject to the terms of the Participation Agreement, the Owner Trustee shall pay to each Holder its portion of the aggregate Holder Amount then due, together with all accrued but unpaid Holder Yield and all other amounts due to such Holders from the Owner Trustee hereunder or under the Operative Agreements.

Appears in 1 contract

Samples: Trust Agreement (Veritas Software Corp /De/)

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