Unclaimed Payments. If any money deposited with any paying agent, or then held by the Company, in trust, for the payment of the principal of or interest on any Note is undeliverable and remains unclaimed for three years after such principal or interest has become due and payable, such money shall be paid to the Company on the written request of the Company, or, if then held by the Company, shall be discharged from such trust; and the Holder of such Note shall thereafter, as an unsecured general creditor, look only to the Company for payment thereof, and all liability of such paying agent with respect to such trust money, and all liability of the Company as trustee thereof, shall thereupon cease; provided, however, that such paying agent, before being required to make any such repayment, may at the expense of the Company cause to be published once, in a newspaper of general circulation in the county in which the Company then has its principal place of business, notice that such money remains unclaimed and that, after a date specified therein, which shall be not less than thirty (30) days from the date of such publication, any unclaimed balance of such money then remaining will be repaid to the Company.
Unclaimed Payments. In the event that the Trustees hold any amounts to be paid to Unitholders under ARTICLE 11 or otherwise because such amounts are unclaimed or cannot be paid for any reason, neither the Trustees nor any distribution disbursing agent shall be under any obligation to invest or reinvest the same and shall only be obligated to hold the same in a current or other non-interest bearing account with a chartered bank or trust company, pending payment to the person or persons entitled thereto. The Trustees shall, as and when required by law, and may at any time prior to such required time, pay all or part of such amounts so held to a court in the province where the Trust has its head office or to the Public Curator (or other similar government official or agency) in the province where the Trust has its head office whose receipt shall be a good release, acquittance and discharge of the obligations of the Trustees.
Unclaimed Payments. Payments not claimed by a Receiver who has not enrolled in Zelle will be automatically cancelled fourteen (14) calendar days after the processing of the payment begins. We will, to the extent permitted by law, make reasonable attempts to return any unclaimed, refused, refunded, prohibited, or denied payment to your Eligible Transaction Account or use other reasonable efforts to return such payment to you as permitted by law. Termination: We reserve the right to suspend or terminate your use of the Zelle Payment Service or the Other Payment Services if we believe that you are using any component of the Zelle and Other Payment Services for any prohibited purpose, as set forth in Section V.C (Prohibited Uses of the Services) below.
Unclaimed Payments. Any money distributed to a Participating Retiree from the 21 Participating Retirees’ Restricted 5-Year Account and not claimed by a Participating Retiree after 22 the City has exercised good faith attempts over a six (6) month period to deliver it to the best last 23 known address of such Participating Retiree shall not escheat under state law, but shall be 24 deposited in the “Participating Retirees Xxxxx Payments Account” which shall thereafter be 25 distributed in accordance with Section 5.3 of the Settlement Agreement.
Unclaimed Payments. If any Registered Holder fails for any reason to deliver to the Transfer Agent for cancellation the Certificates formerly representing Target Common Shares, together with all other required documents in accordance with Section 2.2(b) on or before the third anniversary of the Effective Time, such Registered Holder shall be deemed to acknowledge that the Transfer Agent shall hold and disburse the Exchange Consideration in respect thereof in accordance with applicable Law.
Unclaimed Payments. If, six (6) months after a Fund Termination Date, the Manager is unable to locate any Unitholder as shown on the Register, the amount that would be distributed to such Unitholder shall be deposited by the Manager with the Custodian or with any Canadian chartered bank in the name of the Unitholder and the Trustee and the Manager shall thereupon be released from any and all further liability with respect to the monies and thereafter the Unitholder shall have no rights as against the Trustee or the Manager to the monies or an accounting therefor other than the right to demand payment from the account of the Custodian or such Canadian chartered bank, as applicable.
Unclaimed Payments. 40.1 Payments made pursuant to clause 39 after the Estimation Date must be debited against the bank accounts of a Scheme Company within six months of the payment being made.
Unclaimed Payments. Any payment made by the Company or the Supervisor to any Bondholder at its address last entered in the Register which is returned unclaimed and remains unclaimed by the person entitled to it during the 12 month period thereafter, must (unless the Company has in the interim received notice of a change of address to be entered in the Register and made payment to the Bondholder at this changed address) be held by the Company in a separate bank account (such bank account to be held with a bank, and on terms, as the Supervisor shall, until the Maturity Date, reasonably require) for the Bondholder concerned without any liability to invest or pay interest on that amount. Unless otherwise required by law, any money not so claimed within a period of five years (less one day) from the original date of payment may be retained by the Company together with accrued interest (if any), but less any deductions required by law and the Company and the Supervisor will have no further liability in respect of the amount concerned, and the amount concerned is taken to be forfeited to the Company for the Company’s benefit and shall no longer be treated as being an unclaimed amount.
Unclaimed Payments. Any Distribution which cannot be paid to a Member and/or which remains unclaimed after six months from the date of declaration of such Distribution may, in the discretion of the Directors, be paid into a separate account in the Company's name, provided that the Company shall not be constituted as a trustee in respect of that account and the Distribution shall remain as a debt due to the Member. Any Distribution which remains unclaimed after a period of six years from the date of declaration of such Distribution shall be forfeited and shall revert to the Company.
Unclaimed Payments. (a) Subject to clause 9.4(b), if any payment made by the Issuer to a Holder to the address, or into the bank account, last specified by that Holder to the Issuer or the Registrar is returned unclaimed, the amount concerned will (unless the Registrar or the Issuer has in the meantime received notice of a change of address or bank account to be entered in the Register for the relevant Series) be retained by the Registrar for the relevant Series to be held by it for the Holder concerned without any liability to invest or pay interest on that amount. Any money not claimed within a period of six months from the original date of payment must be returned to the Issuer without limiting the rights of the Holder entitled to the unclaimed amount.
