Common use of Unclaimed Funds Clause in Contracts

Unclaimed Funds. If funds for the payment of principal, interest, premium, Additional Amounts or Liquidated Damages remain unclaimed for two years, the Trustee and the Paying Agents will repay the funds to the Company at its written request. After that, all liability of the Trustee and such Paying Agents with respect to such funds shall cease.

Appears in 4 contracts

Samples: Euro Indenture (MDCP Acquisitions I), Indenture (Preem Holdings Ab Publ), Dollar Indenture (MDCP Acquisitions I)

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Unclaimed Funds. If funds for the payment of principal, interest, premium, or Additional Amounts or Liquidated Damages remain unclaimed for two years, the Trustee and the Paying Agents will repay the funds to the Company at its written request. After that, all liability of the Trustee and such Paying Agents with respect to such funds shall cease.

Appears in 4 contracts

Samples: Senior Indenture (Valentia Telecommunications), Euro Indenture (JSG Acquisitions I), Dollar Indenture (JSG Acquisitions I)

Unclaimed Funds. If funds for the payment of principal, interest, principal or premium, Additional Amounts if any, or interest or Liquidated Damages Damages, if any, remain unclaimed for two years, the Trustee and the Paying Agents Agent will repay the funds to the Company at its written request. After that, all liability of the Trustee and such Paying Agents Agent with respect to such funds shall cease.

Appears in 2 contracts

Samples: Indenture (Carson Products Co), Indenture (West Texas & Lubbock Railroad Co Inc)

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Unclaimed Funds. If funds for the payment of principal, interest, premium, Additional Amounts principal or Liquidated Damages interest remain unclaimed for two years, the Trustee and the Paying Agents Agent will repay the funds to the Company at its their written request. After that, all liability of the Trustee and such Paying Agents Agent with respect to such funds shall cease. 12.

Appears in 1 contract

Samples: Indenture Agreement (MTS Inc)

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