Issuer Request definition
Examples of Issuer Request in a sentence
The Trustee and any Paying Agent shall promptly pay to the Issuer upon Issuer Request or the Guarantor upon Guarantor Request, as applicable, any money or Eligible Instruments not required for the payment of the principal of (and premium, if any) and interest on the Debt Securities of any series and any related coupons for which money or Eligible Instruments have been deposited pursuant to Section 1501 held by them at any time.
The Trustee and any Paying Agent shall promptly pay to the Issuer upon Issuer Request or the Guarantor upon Guarantor Request, as applicable, any money held by them for the payment of principal (and premium, if any) and interest that remains unclaimed for two years after the Maturity of the Debt Securities for which a deposit has been made pursuant to Section 1501.
After a deposit as provided herein, the Trustee shall, upon Issuer Request or Guarantor Request, acknowledge in writing the discharge of the Issuer’s and the Guarantor’s respective obligations pursuant to the provisions of this Section with respect to the Debt Securities of such series under any covenant determined pursuant to Section 301 to be subject to this Section.