Payment of Funds Held by Paying Agents Sample Clauses

Payment of Funds Held by Paying Agents. In connection with the provisions of Section 11.02 or 11.03, all funds or Governmental Obligations then held by any paying agent under the provisions of this Indenture shall, upon demand of the Company, be paid to the Trustee and thereupon such paying agent shall be released from all further liability with respect to such funds or Governmental Obligations.
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Payment of Funds Held by Paying Agents. In connection with the provisions of Section 11.02 or 11.03, all funds or Governmental Obligations then held by any paying agent under the provisions of this Indenture shall, upon demand of the Company or any Guarantor, as applicable, be paid to the Trustee and thereupon such paying agent shall be released from all further liability with respect to such funds or Governmental Obligations. The Company or Guarantor, as applicable, shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the Governmental Obligations deposited pursuant to Section 11.03 or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Securityholders of Outstanding Securities.
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Payment of Funds Held by Paying Agents. 59 Section 11.06 Repayment to the Company or Guarantor. 59 Section 11.07 Reinstatement. 60 ARTICLE XII. IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS 60 Section 12.01 No Recourse. 60 ARTICLE XIII. MISCELLANEOUS PROVISIONS 61 Section 13.01 Effect on Successors and Assigns. 61 Section 13.02 Actions by Successor. 61 Section 13.03 Notices. 61 Section 13.04 Governing Law. 62 Section 13.05 Treatment of Securities as Debt. 63 Section 13.06 Compliance Certificates and Opinions. 63 Section 13.07 Payments on Business Days. 63 Section 13.08 Conflict with Trust Indenture Act. 63 Section 13.09 Counterparts. 64 Section 13.10 Separability. 64
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Payment of Funds Held by Paying Agents. 80 Section 11.06. Repayment to a Guarantor or the Company. 81 Section 11.07. Reinstatement. 81 ARTICLE 12 IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS Section 12.01. No Recourse. 82 ARTICLE 13
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Payment of Funds Held by Paying Agents. In connection with the provisions of Section 11.02 or 11.03, all funds, U.S. Governmental Obligations or Foreign Governmental Obligations then held by any paying agent under the provisions of this Indenture shall, upon demand of the Company or the Guarantor, be paid to the Trustee and thereupon such paying agent shall be released from all further liability with respect to such funds, U.S. Governmental Obligations or Foreign Governmental Obligations.
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Payment of Funds Held by Paying Agents. In connection with the satisfaction and discharge of this Indenture, all money or Governmental Obligations then held by any paying agent under the provisions of this Indenture will, on demand of the Company, be paid to the Trustee and such paying agent will then be released from all further liability with respect to such money or Governmental Obligations.
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Payment of Funds Held by Paying Agents. 53 Section 11.06. Repayment to the Guarantors or the Company. 53 Section 11.07. Reinstatement. 53 ARTICLE XII. IMMUNITY OF INCORPORATORS, STOCKHOLDERS, OFFICERS AND DIRECTORS 54 Section 12.01. No Recourse. 54 ARTICLE XIII. MISCELLANEOUS PROVISIONS 54 Section 13.01. Effect on Successors and Assigns. 54 Section 13.02. Actions by Successor. 54 Section 13.03. Notices. 55 Section 13.04. Governing Law. 56 Section 13.05. Treatment of Securities as Debt. 56 Section 13.06. Compliance Certificates and Opinions. 56 Section 13.07. Payments on Business Days. 56 Section 13.08. Conflict with Trust Indenture Act. 56 Section 13.09. Counterparts. 57 Section 13.10. Separability. 57 Section 13.11. No Adverse Interpretation of Other Agreements. 57 Section 13.12. Table of Contents, Headings, Etc. 57 Section 13.13. Consent to Jurisdiction and Service of Process. 57 Section 13.14. Waiver of Jury Trial. 58 Section 13.15. USA Patriot Act. 58 ARTICLE XIV. ADDITIONAL AMOUNTS; CERTAIN TAX PROVISIONS 58 Section 14.01. Tax Redemption. 58
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Related to Payment of Funds Held by Paying Agents

  • Moneys Held by Paying Agent In connection with the satisfaction and discharge of this Indenture, all moneys then held by any Paying Agent under the provisions of this Indenture shall, upon written demand of the Issuer, be paid to the Trustee, or if sufficient moneys have been deposited pursuant to Section 9.04, to the Issuer (or, if such moneys had been deposited by the Guarantors, to such Guarantors), and thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

  • Repayment of Monies Held by Note Paying Agent In connection with the satisfaction and discharge of this Indenture with respect to the Notes, all monies then held by any Note Paying Agent other than the Indenture Trustee under the provisions of this Indenture with respect to such Notes shall, upon demand of the Issuer, be paid to the Indenture Trustee to be held and applied according to Section 3.3 and thereupon such Note Paying Agent shall be released from all further liability with respect to such monies.

  • Repayment of Monies Held by Paying Agent In connection with the satisfaction and discharge of this Indenture with respect to the Notes, all monies then held by any Paying Agent other than the Indenture Trustee under the provisions of this Indenture with respect to such Notes shall, upon demand of the Issuer, be paid to the Indenture Trustee to be held and applied according to Section 3.03 and thereupon such Paying Agent shall be released from all further liability with respect to such monies.

  • Payment of Moneys Held by Paying Agents In connection with the satisfaction and discharge of this Indenture all moneys or Governmental Obligations then held by any paying agent under the provisions of this Indenture shall, upon demand of the Company, be paid to the Trustee and thereupon such paying agent shall be released from all further liability with respect to such moneys or Governmental Obligations.

  • Repayment of Moneys Held by Paying Agent In connection with the satisfaction and discharge of this Indenture with respect to the Notes, all moneys then held by any Paying Agent other than the Indenture Trustee under the provisions of this Indenture with respect to such Notes shall, upon demand of the Issuer, be paid to the Indenture Trustee to be held and applied according to Section 3.03 and thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

  • Paying Agent to Repay Moneys Held Upon the satisfaction and discharge of this Indenture all moneys then held by any paying agent of the Debentures (other than the Trustee) shall, upon demand of the Company, be repaid to it or paid to the Trustee, and thereupon such paying agent shall be released from all further liability with respect to such moneys.

  • Note Paying Agents (a) The Indenture Trustee may appoint one or more Note Paying Agents that meet the eligibility standards for the Indenture Trustee specified in Section 6.11(a). The Note Paying Agents will have the power to make distributions from the Trust Accounts.

  • Paying Agent to Repay Monies Held Upon the satisfaction and discharge of this Indenture, all monies then held by any paying agent of the Notes (other than the Trustee) shall, upon written request of the Company, be repaid to it or paid to the Trustee, and thereupon such paying agent shall be released from all further liability with respect to such monies.

  • Agreement by Note Paying Agent The Indenture Trustee will, and will cause each Note Paying Agent to, execute and deliver to the Indenture Trustee, an instrument in which the Note Paying Agent agrees with the Indenture Trustee to:

  • Certificate Paying Agent (a) The Certificate Paying Agent shall make distributions to Certificateholders from the Certificate Distribution Account on behalf of the Trust in accordance with the provisions of the Certificates and Section 5.01 hereof from payments remitted to the Certificate Paying Agent by the Indenture Trustee pursuant to Section 3.05

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