Common use of Return of Moneys Held by Trustee and Paying Agent Clause in Contracts

Return of Moneys Held by Trustee and Paying Agent. Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent for the payment of the Principal of or interest on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such Principal or interest shall have become due and payable, shall, upon the written request of the Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company by the Trustee for such series or such paying agent, and the Holder of the Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Company for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 2 contracts

Samples: Senior Indenture (Charles River Laboratories International Inc), Charles River Laboratories International Inc

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Return of Moneys Held by Trustee and Paying Agent. Unclaimed for Two Years. Any moneys deposited with or paid to the Trustee or any paying agent Paying Agent for the payment of the Principal of or interest on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such Principal or interest shall have become due and payable, shall, upon the written request of the Company and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company by the Trustee for such series or such paying agentPaying Agent, and the Holder of the Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Company for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent Paying Agent with respect to such moneys shall thereupon cease.

Appears in 2 contracts

Samples: Tapestry, Inc., Tapestry, Inc.

Return of Moneys Held by Trustee and Paying Agent. Unclaimed for Two For Three Years. Any moneys or government obligations deposited with or paid to the Trustee or any paying agent for the payment of the Principal principal of or interest on any Security of any series and not applied but remaining unclaimed for two three years after the date upon which such Principal principal or interest shall have become due and payable, shall, upon the written request of the Company Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company Issuer by the Trustee for such series or such paying agent, and the Holder of the Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Company Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 1 contract

Samples: Chubb Capital Trust Iii

Return of Moneys Held by Trustee and Paying Agent. Unclaimed for Two Three Years. Any moneys deposited with or paid to the Trustee or any paying agent for the payment of the Principal principal of or interest on any Security of any series and not applied but remaining unclaimed for two three years after the date upon which such Principal principal or interest shall have become due and payable, shall, upon the written request of the Company Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company Issuer by the Trustee for such series or such paying agent, and the Holder of the Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Company Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 1 contract

Samples: E Trade Group Inc

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Return of Moneys Held by Trustee and Paying Agent. Unclaimed for Two Years. Any Subject to applicable law, any moneys or Governmental Obligations deposited with or paid to the Trustee or any paying agent for the payment of the Principal principal of or interest on any Security of any series and not applied but remaining unclaimed for two years after the date upon which such Principal principal or interest shall have become due and payable, shall, upon the written request of the Company Issuer and unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property law, be repaid to the Company Issuer by the Trustee for such series or such paying agent, and the Holder of the Security of such series shall, unless otherwise required by mandatory provisions of applicable escheat or abandoned or unclaimed property laws, thereafter look only to the Company Issuer for any payment which such Holder may be entitled to collect, and all liability of the Trustee or any paying agent with respect to such moneys shall thereupon cease.

Appears in 1 contract

Samples: Leidos, Inc.

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