Common use of PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES Clause in Contracts

PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES. In accordance with section 1205 of the Subordinated Debt Indenture, if any holder of the 2003 Notes or the 2003 Note Trustee, as trustee on behalf of the holders of the 2003 Notes, (each, a "Recipient") shall receive any amount under this Agreement and, at the time of receipt, such Recipient is not entitled to such amount under the terms of the 2003 Note Indenture and the 2003 Notes (whether by reason of maturity, acceleration or otherwise), then such Recipient shall turn over such amount to the Company. Any such amount so received by any Recipient which it is required to turn over to the Company pursuant to this section 2 shall, in no circumstances, be considered to be a payment on account of the Senior Indebtedness represented by the 2003 Notes.

Appears in 2 contracts

Samples: Pledge Agreement (Rogers Cable Inc), Subordination Agreement (Rogers Cable Inc)

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PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES. In accordance with section 1205 of the Subordinated Debt Indenture, if any holder of the 2003 2004 Notes or the 2003 2004 Note Trustee, as trustee on behalf of the holders of the 2003 2004 Notes, (each, a "Recipient") shall receive any amount under this Agreement and, at the time of receipt, such Recipient is not entitled to such amount under the terms of the 2003 2004 Note Indenture and the 2003 2004 Notes (whether by reason of maturity, acceleration or otherwise), then such Recipient shall turn over such amount to the Company. Any such amount so received by any Recipient which it is required to turn over to the Company pursuant to this section 2 0 shall, in no circumstances, be considered to be a payment on account of the Senior Indebtedness represented by the 2003 2004 Notes.

Appears in 2 contracts

Samples: Indenture (Rogers Cable Inc), Pledge Agreement (Rogers Cable Inc)

PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES. In accordance with section 1205 of the Subordinated Debt Indenture, if any holder of the 2003 2004 Notes or the 2003 2004 Note Trustee, as trustee on behalf of the holders of the 2003 2004 Notes, (each, a "Recipient") shall receive any amount under this Agreement and, at the time of receipt, such Recipient is not entitled to such amount under the terms of the 2003 2004 Note Indenture and the 2003 2004 Notes (whether by reason of maturity, acceleration or otherwise), then such Recipient shall turn over such amount to the Company. Any such amount so received by any Recipient which it is required to turn over to the Company pursuant to this section 2 shall, in no circumstances, be considered to be a payment on account of the Senior Indebtedness represented by the 2003 2004 Notes.

Appears in 1 contract

Samples: Agreement (Rogers Cable Inc)

PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES. In accordance with section 1205 of the Subordinated Debt Indenture, if any holder of the 2003 Notes or the 2003 Note Trustee, as trustee on behalf of the holders of the 2003 Notes, (each, a "Recipient") shall receive any amount under this Agreement and, at the time of receipt, such Recipient is not entitled to such amount under the terms of the 2003 Note Indenture and the 2003 Notes (whether by reason of maturity, acceleration or otherwise), then such Recipient shall turn over such amount to the Company. Any such amount so received by any Recipient which it is required to turn over to the Company pursuant to this section 2 shall, in no circumstances, be considered to be a payment on account of the Senior Indebtedness represented by the 2003 Notes.

Appears in 1 contract

Samples: Indenture (Rogers Communications Inc)

PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES. In accordance with section 1205 of the Subordinated Debt Indenture, if any holder of the 2003 2004 Notes or the 2003 2004 Note Trustee, as trustee on behalf of the holders of the 2003 2004 Notes, (each, a "Recipient") shall receive any amount under this Agreement and, at the time of receipt, such Recipient is not entitled to such amount under the terms of the 2003 2004 Note Indenture and the 2003 2004 Notes (whether by reason of maturity, acceleration or otherwise), then such Recipient shall turn over such amount to the Company. Any such amount so received by any Recipient which it is required to turn over to the Company pursuant to this section 2 0 shall, in no circumstances, be considered to be a payment on account of the Senior Indebtedness represented by the 2003 2004 Notes.

Appears in 1 contract

Samples: Indenture (Rogers Communications Inc)

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PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES. In accordance with section 1205 of the Subordinated Debt Indenture, if any holder of the 2003 2015 Notes or the 2003 2015 Note Trustee, as trustee on behalf of the holders of the 2003 2015 Notes, (each, a "Recipient") shall receive any amount under this Agreement and, at the time of receipt, such Recipient is not entitled to such amount under the terms of the 2003 2015 Note Indenture and the 2003 2015 Notes (whether by reason of maturity, acceleration or otherwise), then such Recipient shall turn over such amount to the Company. Any such amount so received by any Recipient which it is required to turn over to the Company pursuant to this section 2 shall, in no circumstances, be considered to be a payment on account of the Senior Indebtedness represented by the 2003 2015 Notes.

Appears in 1 contract

Samples: Agreement (Rogers Cable Inc)

PAYMENT TO THE COMPANY IN CERTAIN CIRCUMSTANCES. In accordance with section 1205 of the Subordinated Debt Indenture, if any holder of the 2003 2011 Notes or the 2003 2011 Note Trustee, as trustee on behalf of the holders of the 2003 2011 Notes, (each, a "Recipient") shall receive any amount under this Agreement and, at the time of receipt, such Recipient is not entitled to such amount under the terms of the 2003 2011 Note Indenture and the 2003 2011 Notes (whether by reason of maturity, acceleration or otherwise), then such Recipient shall turn over such amount to the Company. Any such amount so received by any Recipient which it is required to turn over to the Company pursuant to this section 2 shall, in no circumstances, be considered to be a payment on account of the Senior Indebtedness represented by the 2003 2011 Notes.

Appears in 1 contract

Samples: Agreement (Rogers Cable Inc)

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