Common use of When Distribution Must Be Paid Over Clause in Contracts

When Distribution Must Be Paid Over. If a distribution is made to the Trustee or any Securityholders that because of this Article XI should not have been made to them, the Trustee or such Securityholders who receive the distribution shall hold it in trust for holders of the Designated Senior Debt and promptly pay it over to them or their authorized representative as their interests may appear.

Appears in 6 contracts

Samples: Indenture (Alamosa Delaware Inc), Alamosa (Alamosa Holdings LLC), Execution Copy (Alamosa Holdings Inc)

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When Distribution Must Be Paid Over. If a payment or distribution is made to the Trustee or any Securityholders that because of this Article XI X should not have been made to them, the Trustee or such the Securityholders who receive the payment or distribution shall hold it in trust for holders of the Designated Senior Debt Indebtedness and promptly pay it over to them or their authorized representative as their respective interests may appear.

Appears in 6 contracts

Samples: Indenture (Nebraska Book Co), Indenture (NBC Acquisition Corp), NBC Acquisition Corp

When Distribution Must Be Paid Over. If a distribution is made to the Trustee or any the Securityholders that because of this Article XI X should not have been made to themthem or which the Trustee or the Securityholders are otherwise not entitled to retain under the provisions of this Article X, the Trustee or such the Securityholders who receive the distribution shall hold it in trust for holders of the Designated Senior Debt Indebtedness and Guarantor Senior Indebtedness and promptly pay it over to them or their authorized representative as their respective interests may appear.

Appears in 5 contracts

Samples: Indenture (Aurora Foods Inc /Md/), Management Services Agreement (Windy Hill Pet Food Co Inc), Indenture (Aurora Foods Inc /De/)

When Distribution Must Be Paid Over. If a distribution is made to the Trustee or any Securityholders that because of this Article XI X should not have been made to them, the Trustee or such Securityholders who receive the distribution shall hold it in trust for holders of the Designated Senior Debt Indebtedness and Guarantor Senior Indebtedness and promptly pay it over to them or their authorized representative as their respective interests may appear.

Appears in 4 contracts

Samples: Indenture (International Wire Group Inc), Indenture (Wire Harness Industries Inc), Indenture (Wire Harness Industries Inc)

When Distribution Must Be Paid Over. If a distribution is made to the Trustee or any Securityholders that because of this Article XI X should not have been made to them, the Trustee or such Securityholders who receive the distribution shall hold it in trust for holders of the Designated Senior Debt Indebtedness and promptly pay it over to them or their authorized representative as their respective interests may appear.

Appears in 4 contracts

Samples: Indenture (Eye Care Centers of America Inc), Indenture (Community Health Systems Inc), Indenture (Viasystems Inc)

When Distribution Must Be Paid Over. If a payment or distribution is made to the Trustee or any Securityholders that because of this Article XI X should not have been made to them, the Trustee or such Securityholders who receive the distribution shall hold it in trust for holders of the Designated Senior Debt Indebtedness and promptly pay it over to them or their authorized representative as their respective interests may appear.

Appears in 3 contracts

Samples: Fisher Scientific International Inc, Fisher Scientific International Inc, Fisher Scientific International Inc

When Distribution Must Be Paid Over. If a distribution is made to the Trustee or any Securityholders the Holders that because of this Article XI X should not have been made to them, the Trustee or such Securityholders the Holders who receive the distribution shall hold it in trust for holders of Senior Indebtedness of the Designated Senior Debt Company and promptly pay it over to them or their authorized representative as their interests may appear.

Appears in 3 contracts

Samples: Indenture (Covanta Energy Corp), Danielson Holding Corp, Covanta Energy Corp

When Distribution Must Be Paid Over. If a ----------------------------------- distribution is made to the Trustee or any Securityholders that because of this Article XI X should not have been made to them, the Trustee or such Securityholders who receive the such distribution shall hold it in trust for holders of the Designated Senior Debt of the Company and promptly pay it over to them or their authorized representative as their interests may appear.

Appears in 2 contracts

Samples: Harborside Healthcare Corp, Sailors Inc

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When Distribution Must Be Paid Over. If a distribution is made to the Trustee or any Securityholders that because of this Article XI should not have been made to them, the Trustee or such Securityholders who receive the distribution shall hold it in trust for holders of Specified Senior Indebtedness of the Designated Senior Debt Issuers and promptly pay it over to them or their authorized representative as their interests may appear.

Appears in 2 contracts

Samples: NSM Steel Co LTD, NSM Steel Co LTD

When Distribution Must Be Paid Over. If a payment or ----------------------------------- distribution is made to the Trustee or any Securityholders that because of this Article XI X should not have been made to them, the Trustee or such the Securityholders who receive the payment or distribution shall hold it in trust for holders of the Designated Senior Debt Indebtedness and promptly pay it over to them or their authorized representative as their respective interests may appear.

Appears in 1 contract

Samples: Applied Business Telecommunications

When Distribution Must Be Paid Over. If a distribution is made to the Trustee or any Securityholders that because of this Article XI should not have been made to them, the Trustee or such Securityholders who receive the distribution shall hold it in trust for holders of Senior Indebtedness of the Designated Senior Debt Company and promptly pay it over to them or their authorized representative as their interests may appear.

Appears in 1 contract

Samples: Indenture (Skyworks Solutions Inc)

When Distribution Must Be Paid Over. If a distribution is made to the Trustee or any the Securityholders that because of this Article XI 12 should not have been made to them, the Trustee or such the Securityholders who receive the distribution shall hold it in trust for holders of the Designated relevant Senior Debt Indebtedness and promptly pay it over to them or their authorized representative Representatives as their interests may appear.

Appears in 1 contract

Samples: Indenture (MBS Multimode Inc)

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