Common use of Repayment of Moneys Held by Paying Agent Clause in Contracts

Repayment of Moneys Held by Paying Agent. In connection with the satisfaction and discharge of this Indenture with respect to the Notes, all moneys then held by any Paying Agent other than the Indenture Trustee under the provisions of this Indenture with respect to such Notes shall, upon demand of the Issuer, be paid to the Indenture Trustee to be held and applied according to Section 3.3 above and thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

Appears in 15 contracts

Samples: Indenture (Household Mortgage Loan Trust 2003-Hc1), Chec Funding LLC, Indenture (Bond Securitization LLC)

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Repayment of Moneys Held by Paying Agent. In connection with the satisfaction and discharge of this Indenture with respect to the NotesIndenture, all moneys then held by any Paying Agent paying agent (other than the Indenture Trustee, if the Trustee is serving as a paying agent) under the provisions of this Indenture with respect to such Notes shall, upon demand of the Issuera Company Direction, be repaid to the Company or paid to the Indenture Trustee to be held and applied according to Section 3.3 above and thereupon such Paying Agent paying agent shall be released from all further liability with respect to such moneys.

Appears in 5 contracts

Samples: Directors and Employees (Ingredion Inc), Indenture (Pepsiamericas Inc/Il/), Hussmann International Inc

Repayment of Moneys Held by Paying Agent. In connection with the satisfaction and discharge of this Indenture with respect to the Notes, all moneys then held by any Paying Agent paying agent, other than the Indenture Trustee Trustee, under the provisions of this Indenture with respect to such Notes shall, upon and in accordance with demand of the IssuerCompany, be paid to the Indenture Trustee to be held and applied according to Section 3.3 above and thereupon such Paying Agent paying agent shall be released from all further liability with respect to such moneys.

Appears in 4 contracts

Samples: Indenture (Kansas City Power & Light Co), Kansas City Power & Light Co, Kansas City Power & Light Co

Repayment of Moneys Held by Paying Agent. In connection with the satisfaction and discharge of this Indenture with respect to the NotesIndenture, all moneys then held by any Paying Agent other than the Indenture Trustee under the provisions of this Indenture with respect to such Notes shall, upon demand of the IssuerCompany, be repaid to it or paid to the Indenture Trustee to be held and applied according to Section 3.3 above and thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

Appears in 3 contracts

Samples: Indenture (Edison Mission Energy), Indenture (Edison Mission Energy), Indenture (Edison Mission Finance Co)

Repayment of Moneys Held by Paying Agent. In connection with the satisfaction and discharge of this Indenture with respect to the NotesIndenture, all moneys then held by any Paying Agent other than the Indenture Trustee under the provisions of this Indenture with respect to such Notes shall, upon demand of the Issuer, be repaid to it or paid to the Indenture Trustee to be held and applied according to Section 3.3 above and thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

Appears in 3 contracts

Samples: Weirton Steel Corp, Weirton Steel Corp, Weirton Steel Corp

Repayment of Moneys Held by Paying Agent. In connection with the satisfaction and discharge of this Indenture with respect to the Notes, all moneys then held by any Paying Agent other than the Indenture Trustee under the provisions of this Indenture with respect to such Notes shall, upon demand of the Issuer, be paid to the Indenture Trustee to be held and applied according to Section 3.3 above SECTION 3.03 hereof and thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

Appears in 3 contracts

Samples: Indenture (Painewebber Mortgage Acceptance Corporation Iv), Painewebber Mort Accept Corp Iv Empire Funding 1999-1, Franchise Finance Corp of America

Repayment of Moneys Held by Paying Agent. In connection with the satisfaction and discharge of this Indenture with respect to the Notes, all moneys then held by any Paying Agent other than the Indenture Trustee paying agent under the provisions of this Indenture with respect to such Notes shall, upon demand of the IssuerIssuers, be repaid to it or paid to the Indenture Trustee to be held and applied according to Section 3.3 above and thereupon such Paying Agent paying agent shall be released from all further liability with respect to such moneys.

Appears in 3 contracts

Samples: Indenture (Advantica Restaurant Group Inc), Indenture (Dennys Holdings Inc), Indenture (Dennys Holdings Inc)

Repayment of Moneys Held by Paying Agent. In connection with the satisfaction and discharge of this Indenture with respect to the Notes, all moneys then held by any Paying Agent other than the Indenture Trustee under the provisions of this Indenture with respect to such Notes shall, upon demand of the Issuer, be paid to the Indenture Trustee to be held and applied according to Section 3.3 above SECTION 3.03, and thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

Appears in 2 contracts

Samples: Caterpillar Financial Funding Corp, Caterpillar Financial Funding Corp

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Repayment of Moneys Held by Paying Agent. In connection with the satisfaction and discharge of this Indenture with respect to the Notes, all moneys then held by any Paying Agent other than the Indenture Trustee under the provisions of this Indenture with respect to such Notes shall, upon demand of the Issuer, be paid to the Indenture Trustee to be held and applied according to Section 3.3 above SECTION 3.3, and thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

Appears in 2 contracts

Samples: Indenture (Bluegreen Corp), CNH Capital Receivables Inc

Repayment of Moneys Held by Paying Agent. In connection with the satisfaction and discharge of this Indenture with respect to the a Series of Notes, all moneys then held by any Paying Agent other than the Indenture Trustee under the provisions of this Indenture with respect to such Series of Notes shall, upon demand of the Issuer, be paid to the Indenture Trustee to be held and applied according to Section 3.3 above and thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

Appears in 2 contracts

Samples: Master Indenture (Crestar Securitization LLC), Indenture (Transworld Insurance Co)

Repayment of Moneys Held by Paying Agent. In connection with the satisfaction and discharge of this Indenture with respect to the NotesIndenture, all moneys then held by any Paying Agent other than the Indenture Trustee under the provisions of in accordance with this Indenture with respect to such Notes shall, upon demand of the Issuer, shall be paid to the Indenture Trustee Persons entitled thereto pursuant to be held and applied according to Section 3.3 above the Security Documents and thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

Appears in 1 contract

Samples: Management Agreement (Golden State Petro Iom I B PLC)

Repayment of Moneys Held by Paying Agent. In connection with the satisfaction and discharge of this Indenture with respect to the Notes, all moneys then held by any Paying Agent other than the Indenture Trustee under the provisions of this Indenture with respect to such Notes shall, upon demand of the Issuer, be paid to the Indenture Trustee to be held and applied according to Section 3.3 above SECTION 3.03 and thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Dealer Auto Receivables Corp)

Repayment of Moneys Held by Paying Agent. In connection with the satisfaction and discharge of this Indenture with respect to the Notes, all moneys then held by any Paying Agent other than the Indenture Trustee under the provisions of this Indenture with respect to such Notes shall, upon demand of the IssuerOwner Trustee, be paid to the Indenture Trustee to be held and applied according to Section 3.3 above and thereupon such Paying Agent shall be released from all further liability with respect to such moneys.

Appears in 1 contract

Samples: Compass Asset Acceptance Co

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