Common use of Risk of Payments by Post Clause in Contracts

Risk of Payments by Post. Whenever payments are to be made or documents are to be sent to any Holder by the Trust, TCPL or the Exchange Trustee, or by such Holder to the Trust, TCPL or the Exchange Trustee, the making of such payment or sending of such document through the post shall be at the risk of the Trust, TCPL or the Exchange Trustee, as applicable, in the case of payments made or documents sent by the Trust, TCPL or the Exchange Trustee, as applicable, and the Holder, in the case of payments made or documents sent by the Holder.

Appears in 9 contracts

Samples: Share Exchange Agreement (TransCanada Trust), Share Exchange Agreement (TransCanada Trust), Share Exchange Agreement (Transcanada Pipelines LTD)

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Risk of Payments by Post. Whenever payments are to be made or documents are to be sent to any Holder by the Trust, TCPL or the Exchange Indenture Trustee, or by such Holder to the Trust, TCPL or the Exchange Indenture Trustee, the making of such payment or sending of such document through the post shall be at the risk of the Trust, TCPL or the Exchange Indenture Trustee, as applicable, in the case of payments made or documents sent by the Trust, TCPL or the Exchange Indenture Trustee, as applicable, and the Holder, in the case of payments made or documents sent by the Holder.

Appears in 9 contracts

Samples: Off Agreement (TransCanada Trust), Assignment and Set Off Agreement (TransCanada Trust), Assignment and Set Off Agreement (Transcanada Pipelines LTD)

Risk of Payments by Post. Whenever payments are to be made or documents are to be sent to any Holder by the Trust, TCPL or the Exchange Trustee, by ExchangeCo or by JAG or by such Holder to the Trust, TCPL Trustee or the Exchange Trusteeto JAG or ExchangeCo, the making of such payment or sending of such document sent through the post mail shall be at the risk of the Trust, TCPL ExchangeCo or the Exchange Trustee, as applicableJAG, in the case of payments made or documents sent by the Trust, TCPL Trustee or the Exchange Trustee, as applicableExchangeCo or JAG, and the Holder, in the case of payments made or documents sent by the Holder.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Jag Media Holdings Inc)

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Risk of Payments by Post. Whenever payments are to be made or documents are to be sent to any Holder by the Trust, TCPL Trustee or the Exchange Trusteeby TSA Exchangeco, or by such Holder to the Trust, TCPL Trustee or the Exchange Trusteeto TSA or TSA Exchangeco, the making of such payment or sending of such document sent through the post shall be at the risk of the Trust, TCPL or the Exchange Trustee, as applicableTSA Exchangeco, in the case of payments made or documents sent by the Trust, TCPL Trustee or the Exchange Trustee, as applicableTSA Exchangeco, and the Holder, in the case of payments made or documents sent by the Holder.

Appears in 1 contract

Samples: Voting and Exchange Trust Agreement (Transaction Systems Architects Inc)

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