Common use of Unclaimed Money Clause in Contracts

Unclaimed Money. If money for the payment of principal, premium, if any, or interest on any Note remains unclaimed for two years after such principal, premium, if any, or interest has become due and payable, the Trustee or any Paying Agent shall pay the money back to the Company at its request unless an abandoned property law designates another Person. After any such payment, Holders entitled to the money must look only to the Company for payment as general creditors unless an abandoned property law designates another person and not to the Trustee for payment.

Appears in 14 contracts

Samples: Intercreditor Agreement (Cleveland-Cliffs Inc.), Indenture (Cleveland-Cliffs Inc.), Registration Rights Agreement (Cleveland-Cliffs Inc.)

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Unclaimed Money. If money for the payment of principal, premium, premium (if any, ) or interest on any Note remains unclaimed for two years after such principal, premium, if any, or interest has become due and payableyears, the Trustee or any Paying Agent shall pay the money back to the Company at its request unless an abandoned property law designates another Person. After any such payment, Holders entitled to the money must look only to the Company for payment as general creditors unless an abandoned property law designates another person and not to the Trustee for payment.

Appears in 13 contracts

Samples: Intercreditor Agreement (Denbury Resources Inc), Indenture (Denbury Resources Inc), Intercreditor Agreement (Denbury Resources Inc)

Unclaimed Money. If money for the payment of principal, premium, if any, or interest on any Note remains unclaimed for two years after such the date of payment of principal, premium, if any, or interest has become due and payableinterest, the Trustee or any Paying Agent shall pay the money back to the Company at its request unless an abandoned property law designates another Personrequest. After any such payment, all liability of the Trustee and the Paying Agent with respect to such money shall cease and Holders entitled to the money must look only to the Company for payment as general creditors unless an abandoned property law designates another person and not to the Trustee for payment.

Appears in 7 contracts

Samples: Indenture (Expedia Group, Inc.), Indenture (Expedia Group, Inc.), Indenture (Expedia Group, Inc.)

Unclaimed Money. If money for the payment of principal, premium, if any, or interest on any Note remains unclaimed for two years after such the date of payment of principal, premium, if any, or interest has become due and payableinterest, the Trustee or any Paying Agent shall pay the money back to the Company Issuer at its request unless an abandoned property law designates another Personrequest. After any such payment, all liability of the Trustee and the Paying Agent with respect to such money shall cease and Holders entitled to the money must look only to the Company for payment as general creditors unless an abandoned property law designates another person Issuer and not to the Trustee for payment.

Appears in 5 contracts

Samples: Indenture (Hess Midstream LP), Indenture (Hess Midstream LP), Indenture (Hess Midstream LP)

Unclaimed Money. If money for the payment of principal, premium, if any, premium or interest on any Note remains unclaimed for two years after such principal, premium, if any, or interest has become due and payableyears, the Trustee or any and the Paying Agent shall will pay the money back to the Company at its request unless an abandoned property law designates another Personrequest. After any such paymentthat, Holders holders entitled to the money must look only to the Company for payment as general creditors unless an abandoned property property” law designates another person and not to the Trustee for paymentperson.

Appears in 4 contracts

Samples: Indenture (Skyterra Communications Inc), Mobile Satellite (Skyterra Communications Inc), Indenture (Skyterra Communications Inc)

Unclaimed Money. If money for the payment of principal, premium, if any, or interest on any Note remains unclaimed for two years after such principal, premium, if any, or interest has become due and payable, the Trustee or any Paying Agent shall pay the money back to the Company at its request unless an abandoned property law designates another Person. After any such payment, Holders entitled to the money must look only to the Company for payment as general creditors unless an abandoned property law designates another person and not to the Trustee for payment.

Appears in 4 contracts

Samples: Subordination Agreement (Heron Lake BioEnergy, LLC), Intercreditor Agreement (Edgen Group Inc.), Intercreditor Agreement (Edgen Murray II, L.P.)

Unclaimed Money. If money for the payment of principal, premium, if any, or interest on any Note remains unclaimed for two years after such the date of payment of principal, premium, if any, or interest has become due and payableinterest, the Trustee or any Paying Agent shall pay the money back to the Company at its request unless an abandoned property law designates another Personrequest. After any such payment, Holders entitled to the money must look only to the Company for payment as general creditors unless an abandoned property law designates another person and not to the Trustee for payment.

Appears in 3 contracts

Samples: Fourth Supplemental Indenture (Expedia, Inc.), Indenture (Expedia, Inc.), Indenture (Expedia, Inc.)

Unclaimed Money. If money for the payment of principal, premium, if any, or interest on any Note remains unclaimed for two years after such principal, premium, if any, or interest has become due and payable, the Trustee or any Paying Agent shall pay the money back to the Company at its request unless an abandoned property law designates another Person. After any such payment, Holders entitled to the money must look only to the Company for payment as general creditors unless an abandoned property law designates another person Person and not to the Trustee for payment.

Appears in 3 contracts

Samples: Cleveland-Cliffs Inc., Cleveland-Cliffs Inc., Cleveland-Cliffs Inc.

Unclaimed Money. If money for the payment of principal, premium, if any, or interest on any Note remains unclaimed for two years after such principal, premium, if any, or interest has become due and payableyears, the Trustee or any and the Principal Paying Agent shall will pay the money back to the Company at its request request. After that, Holders entitled to the money must look to the Company for payment, unless an abandoned property law designates another Person. After any such payment, Holders entitled to the money must look only to the Company for payment as general creditors unless an abandoned property law designates another person and not to all liability of the Trustee for paymentand such Principal Paying Agent with respect to such money shall cease.

Appears in 3 contracts

Samples: Comple Tel Europe Nv, Comple Tel LLC, Comple Tel LLC

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Unclaimed Money. If money for the payment of principal, principal premium, if any, or interest on any Note remains unclaimed for two years after such principal, premium, if any, or interest has become due and payable, the Trustee or any Paying Agent shall pay the money back to the Company at its request unless an abandoned property law designates another Person. After any such payment, Holders entitled to the money must look only to the Company for payment as general creditors unless an abandoned property law designates another person and not to the Trustee for payment.

Appears in 2 contracts

Samples: Intercreditor Agreement (Edgen Group Inc.), Intercreditor Agreement (Edgen Murray II, L.P.)

Unclaimed Money. If money for the payment of principal, premium, if any, or interest on any Note remains unclaimed for two years after such the date of payment of principal, premium, if any, or interest has become due and payableinterest, the Trustee or any Paying Agent shall pay the money back to the Company Issuers at its request unless an abandoned property law designates another Persontheir request. After any such payment, all liability of the Trustee and the Paying Agent with respect to such money shall cease and Holders entitled to the money must look only to the Company for payment as general creditors unless an abandoned property law designates another person Issuers and not to the Trustee for payment.

Appears in 2 contracts

Samples: Indenture (Hess Midstream Partners LP), Indenture (Hess Midstream LP)

Unclaimed Money. If money for the payment of principalprincipal (or if prior to April 15, 2016, the Accreted Value) of, premium, if any, or interest on any Note remains unclaimed for two years after such principal, premium, if any, or interest has become due and payableyears, the Trustee or any Paying Agent shall pay the money back to the Company Issuers at its their request unless an abandoned property law designates another Person. After any such payment, Holders entitled to the money must look only to the Company Issuers for payment as general creditors unless an abandoned property law designates another person and not to the Trustee for payment.

Appears in 1 contract

Samples: Indenture (Justice Delaware Holdco Inc.)

Unclaimed Money. If money for the payment of principal, premium, if any, or interest on any Note remains unclaimed for two years after such principal, premium, if any, or interest has become due and payable, the Trustee or any Paying Agent shall pay the money back to the Company at its request unless an abandoned property law designates another Person. After any such payment, Holders entitled to the money must look only to the Company for payment as general creditors unless an abandoned property law designates another person and not to the Trustee for payment.for

Appears in 1 contract

Samples: Indenture (Cliffs Natural Resources Inc.)

Unclaimed Money. If money for the payment of principal, premium, if any, or interest on any Note remains unclaimed for two years after such principal, premium, if any, or interest has become due and payableyears, the Trustee or any and the Paying Agent shall will pay the money back to the 105 Company at its request written request. After that, Holders entitled to the money must look to the Company for payment, unless an abandoned property law designates another Person. After any such payment, Holders entitled to the money must look only to the Company for payment as general creditors unless an abandoned property law designates another person and not to all liability of the Trustee for paymentand such Paying Agent with respect to such money shall cease.

Appears in 1 contract

Samples: Shop at Home Inc /Tn/

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