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

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness and pay it over to them as their interests may appear.

Appears in 14 contracts

Samples: Indenture (Anywhere Real Estate Group LLC), Indenture (Realogy Group LLC), Indenture (Realogy Group LLC)

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When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness of the relevant Guarantor and pay it over to them as their interests may appear.

Appears in 8 contracts

Samples: Interline (Interline Brands, Inc./De), Subordinated Notes Indenture (American Tire Distributors Holdings, Inc.), Indenture (Avago Technologies LTD)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Designated First Lien Indebtedness of the Issuers and pay it over to them as their interests may appear.

Appears in 5 contracts

Samples: Supplemental Indenture (Clearwire Corp /DE), Note Purchase Agreement (Clearwire Corp /DE), Note Purchase Agreement (Sprint Nextel Corp)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Designated First Lien Indebtedness of the relevant Guarantor and pay it over to them as their interests may appear.

Appears in 4 contracts

Samples: Supplemental Indenture (Clearwire Corp /DE), Note Purchase Agreement (Clearwire Corp /DE), Note Purchase Agreement (Sprint Nextel Corp)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness of the Issuers and pay it over to them as their interests may appear.

Appears in 3 contracts

Samples: Indenture (Valley Telephone Co., LLC), Indenture (Avago Technologies Manufacturing (Singapore) Pte. Ltd.), Indenture (Avago Technologies LTD)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness of the Parent Guarantor, and pay it over to them as their interests may appear.

Appears in 3 contracts

Samples: Supplemental Indenture (Realogy Corp), Realogy Corp, Realogy Corp

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisionsprovisions contained in this Article, should not have been made to them, such Holders or the Trustee are required to hold it in trust for the holders of Holdings Senior Indebtedness of the Issuer and pay it over to them as their interests may appear.

Appears in 3 contracts

Samples: Revolving Credit Agreement (TPC Group Inc.), Security Agreement (Texas Petrochemicals Inc.), Security Agreement (Texas Petrochemicals Inc.)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Designated Senior Indebtedness Indebtedness, and pay it over to them as their interests may appear.

Appears in 2 contracts

Samples: Fourth Supplemental Indenture (Boart Longyear Suisse Sarl), Fourth Supplemental Indenture (Boart Longyear LTD)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Designated Senior Indebtedness guaranteed by the relevant Guarantor and pay it over to them as their interests may appear.

Appears in 2 contracts

Samples: Fourth Supplemental Indenture (Boart Longyear Suisse Sarl), Fourth Supplemental Indenture (Boart Longyear LTD)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisionsprovisions of this Article XII, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness of the relevant Guarantor and pay it over to them as their interests may appear.

Appears in 2 contracts

Samples: Senior Subordinated Notes Indenture (Claires Stores Inc), Senior Subordinated Notes Indenture (ASC Acquisition LLC)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness of the Company and pay it over to them as their interests may appear.

Appears in 2 contracts

Samples: Indenture (Peabody Energy Corp), Cottonwood Land Co

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisionsArticle XI of this Indenture, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Designated Senior Indebtedness of the Guarantors and pay it over to them as their interests may appear.

Appears in 2 contracts

Samples: Nuveen Investments Holdings, Inc., Nuveen Investments Holdings, Inc.

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it such distribution in trust for the holders of Holdings Senior Indebtedness of the Issuers and pay it over such distribution to them the holders of Senior Indebtedness as their interests may appear.

Appears in 1 contract

Samples: Universal City Travel Partners

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness of the Issuer and pay it over to them as their interests may appear.

Appears in 1 contract

Samples: Subordinated Notes Indenture (American Tire Distributors Holdings, Inc.)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness of the relevant Servicing Guarantor and pay it over to them as their interests may appear.

Appears in 1 contract

Samples: Saxon Capital Inc

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisionsprovisions of this Article X, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness of the Issuers and pay it over to them as their interests may appear.

Appears in 1 contract

Samples: Senior Subordinated Notes Indenture (ASC Acquisition LLC)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness of the Issuer and pay it over to them as their interests may appearRepresentative, if any.

Appears in 1 contract

Samples: Intercreditor Agreement (CMP Susquehanna Radio Holdings Corp.)

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When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it such distribution in trust for the holders of Holdings Senior Indebtedness of the Issuer and pay it over such distribution to them the holders of Senior Indebtedness as their interests may appear.. 101

Appears in 1 contract

Samples: Interline (Interline Brands, Inc./De)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisionsprovisions of this Article X, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness of the Issuer and pay it over to them as their interests may appear.

Appears in 1 contract

Samples: Senior Subordinated Notes Indenture (Claires Stores Inc)

When Distribution Must Be Paid Over. If a distribution is made to Holders the Holder that, due to the subordination provisions, should not have been made to themit, such Holders are the Holder is required to hold it in trust for the holders of Holdings Senior Indebtedness of the Company, and pay it over to them as their interests may appear.

Appears in 1 contract

Samples: Contribution and Equity Interest Purchase Agreement (Conagra Foods Inc /De/)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings INMETCO Senior Indebtedness and pay it over to them as their interests may appear.

Appears in 1 contract

Samples: Indenture (Horsehead Holding Corp)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the that because of these subordination provisions, provisions should not have been made to them, such the Holders are required to who receive the distribution shall hold it in trust for the holders of Holdings the Senior Indebtedness and pay it over to them (or their representative) as their interests may appear.

Appears in 1 contract

Samples: Year Credit Agreement (Interpublic Group of Companies, Inc.)

When Distribution Must Be Paid Over. If a distribution is made to Holders any Holder that, due to the subordination provisions, provisions in this Section 2 should not have been made to themreceived such distribution, such Holders are required to Holder shall hold it such distribution in trust for the holders of Holdings Senior Indebtedness Obligations and pay it over to them as their interests may appear.

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness Debt of the relevant Guarantor and pay it over to them as their interests may appear.

Appears in 1 contract

Samples: Indenture (Cinemark Usa Inc /Tx)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness Debt of the Company and pay it over to them as their interests may appear.

Appears in 1 contract

Samples: Indenture (Cinemark Usa Inc /Tx)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Designated First Lien Indebtedness of the relevant Subsidiary Guarantor and pay it over to them as their interests may appear.

Appears in 1 contract

Samples: Subsidiary Guarantors (Clearwire Corp /DE)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness of the Issuer, and pay it over to them as their interests may appear.

Appears in 1 contract

Samples: Indenture (Realogy Corp)

When Distribution Must Be Paid Over. If a distribution is made to Holders that, due to the subordination provisions, should not have been made to them, such Holders are required to hold it in trust for the holders of Holdings Senior Indebtedness of the relevant Note Guarantor and pay it over to them as their interests may appear.

Appears in 1 contract

Samples: Indenture (Realogy Corp)

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