Common use of Unclaimed Money Clause in Contracts

Unclaimed Money. The Trustee and any Paying Agent shall pay to the Company upon request any money held by them for the payment of principal and interest that remains unclaimed for two years. After that, Securityholders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another person.

Appears in 27 contracts

Samples: Global Security Agreement (Safeway Inc), Global Security Agreement (Safeway Inc), Global Security Agreement (Safeway Inc)

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Unclaimed Money. The Trustee and any the Paying Agent shall pay to the Company upon request any money held by them for the payment of principal and principal, premium, if any, or interest that remains unclaimed for two yearsyears after the date upon which such payment shall have become due. After thatpayment to the Company, Securityholders Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another personPerson, and all liability of the Trustee and such Paying Agent with respect to such money shall cease.

Appears in 13 contracts

Samples: Indenture (Nektar Therapeutics), Exchange and Redemption Agreement (Ciphergen Biosystems Inc), Indenture (Vertex Pharmaceuticals Inc / Ma)

Unclaimed Money. The Subject to applicable law, the Trustee and any the Paying Agent Agents shall pay to the Company upon request any money monies held by them for the payment of principal and or interest that remains unclaimed for two years. After that, Securityholders and thereafter, Holders entitled to the money such monies must look to the Company for payment as general creditors unless an applicable abandoned property law designates another personcreditors.

Appears in 11 contracts

Samples: Indenture, Indenture (Latam Airlines Group S.A.), Indenture (Latam Airlines Group S.A.)

Unclaimed Money. The Trustee and any the Paying Agent shall pay to the Company upon request any money held by them for the payment of principal and principal, premium, if any, or interest that remains unclaimed for two yearsyears after the date upon which such payment shall have become due. After thatpayment to the Company, Securityholders Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another personPerson, and all liability of the Trustee and the Paying Agent with respect to such money shall cease.

Appears in 4 contracts

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

Unclaimed Money. The Trustee and any the Paying Agent shall pay to the Company upon request any money held by them for the payment of principal and or interest that remains unclaimed for two yearsyears after the date upon which such payment shall have become due. After thatpayment to the Company, Securityholders Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another personPerson, and all liability of the Trustee and the Paying Agent with respect to such money shall cease.

Appears in 4 contracts

Samples: Indenture (Lifetime Brands, Inc), Indenture (Equinix Inc), Senior Indenture (M-Systems Flash Disk Pioneers LTD)

Unclaimed Money. The Trustee and any the Paying Agent shall pay to the Company upon request any money held by them for the payment of principal and principal, premium, if any, or interest that remains unclaimed for two years18 months after the date upon which such payment shall have become due. After thatpayment to the Company, Securityholders Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another personPerson, 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)

Unclaimed Money. The Trustee and any the Paying Agent shall pay to the Company upon request any money held by them for the payment of principal and or interest that remains unclaimed for two yearsyears after the date upon which such payment shall have become due. After thatpayment to the Company, Securityholders Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another personPerson, and all liability of the Trustee and such Paying Agent with respect to such money shall cease.

Appears in 2 contracts

Samples: Indenture (Nektar Therapeutics), Indenture (L 3 Communications Holdings Inc)

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Unclaimed Money. The Trustee and any Paying Agent shall pay to the Company upon request any money held by them for the payment of principal and interest on the Securities that remains unclaimed for two years. After that, Securityholders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another person.

Appears in 1 contract

Samples: Global Security Agreement (Safeway Inc)

Unclaimed Money. The Trustee and any the Paying Agent shall pay to the Company upon request any money held by them for the payment of principal and if any, or interest that remains unclaimed for two years18 months after the date upon which such payment shall have become due. After thatpayment to the Company, Securityholders Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another personPerson, 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)

Unclaimed Money. The Trustee and any each Paying Agent shall pay to the Company upon request any money held by them for the payment of principal and or interest that remains unclaimed for two yearsyears after a right to such money has matured. After thatpayment to the Company, Securityholders Holders entitled to the money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another person.

Appears in 1 contract

Samples: Indenture (Cubist Pharmaceuticals Inc)

Unclaimed Money. The Subject to applicable law, the Trustee and any the Paying Agent Agents shall pay to the Company upon request any money monies held by them for the payment of principal and interest Principal, Premium, if any, or Interest that remains unclaimed for two years. After that, Securityholders and thereafter, Holders entitled to the money such monies must look to the Company for payment as general creditors unless an applicable abandoned property law designates another personcreditors.

Appears in 1 contract

Samples: Indenture (BM&FBOVESPA S.A. - Securities, Commodities & Futures Exchange)

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