Common use of When Distribution Must Be Paid Over Clause in Contracts

When Distribution Must Be Paid Over. If a distribution is made to the Trustee or any Securityholders that because of this Article XI should not have been made to them, the Trustee or such Securityholders who receive the distribution shall hold it in trust for holders of the Designated Senior Debt and promptly pay it over to them or their authorized representative as their interests may appear.

Appears in 6 contracts

Samples: Indenture (Alamosa Holdings LLC), Indenture (Alamosa Delaware Inc), Indenture (Alamosa Holdings Inc)

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When Distribution Must Be Paid Over. If a payment or distribution is made to the Trustee or any Securityholders that because of this Article XI X should not have been made to them, the Trustee or such the Securityholders who receive the payment or distribution shall hold it in trust for holders of the Designated Senior Debt Indebtedness and promptly pay it over to them or their authorized representative as their respective interests may appear.

Appears in 6 contracts

Samples: Indenture (Nebraska Book Co), Indenture (Selfix Inc /De/), Indenture (Nebraska Book Co)

When Distribution Must Be Paid Over. If a distribution is made to the Trustee or any the Securityholders that because of this Article XI X should not have been made to themthem or which the Trustee or the Securityholders are otherwise not entitled to retain under the provisions of this Article X, the Trustee or such the Securityholders who receive the distribution shall hold it in trust for holders of the Designated Senior Debt Indebtedness and Guarantor Senior Indebtedness and promptly pay it over to them or their authorized representative as their respective interests may appear.

Appears in 5 contracts

Samples: Indenture (Aurora Foods Inc /Md/), Indenture (Doane Pet Care Enterprises Inc), Indenture (Windy Hill Pet Food Co Inc)

When Distribution Must Be Paid Over. If a distribution is made to the Trustee or any Securityholders that because of this Article XI X should not have been made to them, the Trustee or such Securityholders who receive the distribution shall hold it in trust for holders of the Designated Senior Debt Indebtedness and Guarantor Senior Indebtedness and promptly pay it over to them or their authorized representative as their respective interests may appear.

Appears in 4 contracts

Samples: Indenture (International Wire Group Inc), Indenture (Wire Harness Industries Inc), Indenture (Wire Harness Industries Inc)

When Distribution Must Be Paid Over. If a distribution is made to the Trustee or any Securityholders that because of this Article XI X should not have been made to them, the Trustee or such Securityholders who receive the distribution shall hold it in trust for holders of the Designated Senior Debt Indebtedness and promptly pay it over to them or their authorized representative as their respective interests may appear.

Appears in 4 contracts

Samples: Indenture (Eye Care Centers of America Inc), Indenture (Community Health Systems Inc), Indenture (Viasystems Inc)

When Distribution Must Be Paid Over. If a payment or distribution is made to the Trustee or any Securityholders that because of this Article XI X should not have been made to them, the Trustee or such Securityholders who receive the distribution shall hold it in trust for holders of the Designated Senior Debt Indebtedness and promptly pay it over to them or their authorized representative as their respective interests may appear.

Appears in 3 contracts

Samples: Indenture (Fisher Scientific International Inc), Indenture (Fisher Scientific International Inc), Indenture (Fisher Scientific International Inc)

When Distribution Must Be Paid Over. If a ----------------------------------- distribution is made to the Trustee or any Securityholders that because of this Article XI X should not have been made to them, the Trustee or such Securityholders who receive the such distribution shall hold it in trust for holders of the Designated Senior Debt of the Company and promptly pay it over to them or their authorized representative as their interests may appear.

Appears in 2 contracts

Samples: Indenture (Harborside Healthcare Corp), Indenture (Sailors Inc)

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When Distribution Must Be Paid Over. If a distribution is made to the Trustee or any Securityholders that because of this Article XI X should not have been made to them, the Trustee or such Securityholders who receive the distribution shall hold it in trust for holders of the Designated Senior Debt and promptly pay it over to them or their authorized representative as their interests may appear.

Appears in 2 contracts

Samples: Indenture (Tv Guide Inc), Indenture (Fairpoint Communications Inc)

When Distribution Must Be Paid Over. If a payment or ----------------------------------- distribution is made to the Trustee or any Securityholders that because of this Article XI X should not have been made to them, the Trustee or such the Securityholders who receive the payment or distribution shall hold it in trust for holders of the Designated Senior Debt Indebtedness and promptly pay it over to them or their authorized representative as their respective interests may appear.

Appears in 1 contract

Samples: Indenture (Applied Business Telecommunications)

When Distribution Must Be Paid Over. If a distribution is ----------------------------------- made to the Trustee or any Securityholders that because of this Article XI X should not have been made to them, the Trustee or such Securityholders who receive the such distribution shall hold it in trust for holders of the Designated Senior Debt of the Company and promptly pay it over to them or their authorized representative as their interests may appear.

Appears in 1 contract

Samples: Indenture (Harborside Healthcare Corp)

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