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 because of this Article X 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 5 contracts

Samples: Third Supplemental Indenture (Denbury Resources Inc), First Supplemental Indenture (Denbury Resources Inc), First Supplemental Indenture (Encore Acquisition Co)

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When Distribution Must Be Paid Over. If a distribution is made to Holders that because of this Article X 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 promptly pay it over to them as their respective interests may appear.

Appears in 4 contracts

Samples: Indenture (Gibraltar Industries, Inc.), Indenture (Libbey Inc), Indenture (Gibraltar Industries, Inc.)

When Distribution Must Be Paid Over. If a distribution is made to the Holders that because of this Article X ARTICLE IX 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: Tax Receivable Agreement (Vistra Corp.), Tax Receivable Agreement (Vistra Energy Corp), Tax Receivable Agreement (Vistra Energy Corp)

When Distribution Must Be Paid Over. If a distribution is made to the Trustee or the Holders that because of this Article X should not have been made to them, the Trustee or 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 3 contracts

Samples: Indenture (Danielson Holding Corp), Indenture (Covanta Energy Corp), Indenture (Covanta Energy Corp)

When Distribution Must Be Paid Over. If a distribution is made to Holders that because of this Article X should not have been made to them, the Holders who receive the distribution shall hold it in trust for holders Holders of Senior Indebtedness of the Company Debt and pay it over to them as their interests may appear.

Appears in 3 contracts

Samples: Indenture (Carramerica Realty Corp), Indenture (Mindspring Enterprises Inc), Indenture (Carramerica Realty L P)

When Distribution Must Be Paid Over. If a distribution is made to Holders that because of this Article X II 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 Debt and pay it over to them as their interests may appear.

Appears in 3 contracts

Samples: Second Supplemental Indenture (Revlon Inc /De/), First Supplemental Indenture (Revlon Inc /De/), Second Supplemental Indenture (Revlon Inc /De/)

When Distribution Must Be Paid Over. If a distribution is made to Holders that because of this Article X 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 3 contracts

Samples: Indenture (Wiser Marketing Co), Indenture (Oxford Health Plans Inc), Indenture (Oxford Health Plans Inc)

When Distribution Must Be Paid Over. If a distribution is made to Holders that because of this Article X should not have been made to them, the Holders holders who receive the distribution shall hold it in trust for holders of Senior Indebtedness of the Company Debt and pay it over to them as their interests may appear.

Appears in 2 contracts

Samples: Indenture (Sun Communities Operating Limited Partnership), Indenture (Frontier Corp /Ny/)

When Distribution Must Be Paid Over. If a distribution is made to Holders that because of this Article X 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 (or their Representative) as their interests may appear.

Appears in 2 contracts

Samples: Indenture (Inmobiliaria Montes Urales 460 S a De C V), Indenture (Iusacell S a De C V)

When Distribution Must Be Paid Over. If a distribution is made to Holders that because of this Article X XII should not have been made to them, the Holders who receive the distribution shall hold it in trust for holders of the relevant Senior Indebtedness of the Company such Restricted Subsidiary and pay it over to them (or their Representative) as their interests may appear.

Appears in 2 contracts

Samples: Indenture (Inmobiliaria Montes Urales 460 S a De C V), Indenture (Iusacell S a De C V)

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

Appears in 2 contracts

Samples: Indenture (Nuveen Investments Holdings, Inc.), Indenture (Nuveen Investments Holdings, Inc.)

When Distribution Must Be Paid Over. If a distribution is made to Holders that because of this Article X XV should not have been made to them, the Holders who receive the distribution shall hold it in trust for holders of the relevant Senior Indebtedness of the Company and pay it over to them or their Representatives as their interests may appear.

Appears in 2 contracts

Samples: First Supplemental Indenture (Swift Energy Co), First Supplemental Indenture (Swift Energy Co)

When Distribution Must Be Paid Over. If a distribution is made to Holders that because of this Article X XIII 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 Debt and pay it over to them as their interests may appear.

Appears in 1 contract

Samples: Subordinated Indenture (Teligent Inc)

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

Appears in 1 contract

Samples: Senior Subordinated Notes Indenture (ASC Acquisition LLC)

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

Appears in 1 contract

Samples: Indenture (Purina Mills Inc)

When Distribution Must Be Paid Over. If a distribution is made to Holders Noteholders that because of this Article X should not have been made to them, the Holders Noteholders who receive the distribution shall hold it in trust for holders of Senior Indebtedness of the Company and pay it over to them or their Representatives as their interests may appear.

Appears in 1 contract

Samples: Indenture (Graphic Packaging Corp)

When Distribution Must Be Paid Over. If a ------------------------------------ distribution is made to Holders that because of this Article X should not have been made to them, the Holders who receive the distribution shall hold it in trust for holders Holders of Senior Indebtedness of the Company Debt and pay it over to them as their interests may appear.

Appears in 1 contract

Samples: Indenture (NVR Inc)

When Distribution Must Be Paid Over. If a distribution is made to Holders of Notes by the Issuer that because of this Article X 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 Debt and promptly pay it over to them as their respective interests may appear.

Appears in 1 contract

Samples: Indenture (Avery Berkel Holdings LTD)

When Distribution Must Be Paid Over. If a distribution is made to the Holders that because of this Article X 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: Securities Purchase Agreement (Affiliated Managers Group Inc)

When Distribution Must Be Paid Over. If a payment or distribution is made to Holders Noteholders by the Company that because of this Article X should not have been made to them, the Holders Noteholders who receive the distribution shall hold it in trust for holders of Senior Indebtedness of the Company and promptly pay it over to them as their respective interests may appear.

Appears in 1 contract

Samples: Indenture (Eye Care Centers of America Inc)

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

Appears in 1 contract

Samples: Indenture (Harborside Healthcare Corp)

When Distribution Must Be Paid Over. If a distribution ----------------------------------- is made to Holders Noteholders that because of this Article X should not have been made to them, the Holders Noteholders who receive the distribution shall hold it in trust for holders of Senior Indebtedness of the Company and pay it over to them or their Representative as their interests may appear.

Appears in 1 contract

Samples: Indenture (BGF Industries Inc)

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