When a Distribution Must Be Paid Over. If a distribution from a Subsidiary Guarantor is made to Holders that because of the provisions of this Article XV should not have been made to them, the Holders who receive the distribution shall hold it in trust for holders of Senior Indebtedness and pay it over to them as their interests may appear.
Appears in 7 contracts
Samples: Intercreditor Agreement (LBM Holdings, LLC), Indenture (VWR International, Inc.), Indenture (Hertz Corp)
When a Distribution Must Be Paid Over. If a distribution from a Subsidiary Guarantor the Company is made to Holders that because of the provisions of this Article XV XIV should not have been made to them, the Holders who receive the distribution shall hold it in trust for holders of Senior Indebtedness of the Company and pay it over to them as their interests may appear.
Appears in 4 contracts
Samples: Intercreditor Agreement (LBM Holdings, LLC), Indenture (VWR International, Inc.), Indenture (VWR International, Inc.)
When a Distribution Must Be Paid Over. If a distribution from a Subsidiary Guarantor the Company is made to Holders that because of the provisions of this Article XV XIV should not have been made to them, the Holders who receive the distribution shall hold it in trust for holders of Senior Indebtedness of the Company and pay it over to them as their interests may appear.. 120
Appears in 1 contract
Samples: Indenture (Hertz Corp)
When a Distribution Must Be Paid Over. If a distribution from a Subsidiary the Parent Guarantor is made to Holders that because of the provisions of this Article XV should not have been made to them, the Holders who receive the distribution shall hold it in trust for holders of Parent Guarantor Senior Indebtedness and pay it over to them as their interests may appear.
Appears in 1 contract
Samples: Second Supplemental Indenture (CDRV Investors, Inc.)
When a Distribution Must Be Paid Over. If a distribution from a Subsidiary Guarantor the Company is made to Holders that because of the provisions of this Article XV 14 should not have been made to them, the Holders who receive the distribution shall hold it in trust for holders of Senior Indebtedness of the Company and pay it over to them as their interests may appear.
Appears in 1 contract
Samples: Indenture (Graphic Packaging Corp)
