Common use of Deposit of Redemption or Purchase Price Clause in Contracts

Deposit of Redemption or Purchase Price. On or before 11:00 a.m., New York City time, on the redemption date, the Company shall deposit with the Paying Agent money sufficient to pay the redemption price of and accrued interest, if any, on all Notes to be redeemed on that date. In the event that any redemption date is not a Business Day, the Company will pay the redemption price on the next Business Day without any interest or other payment due to the delay.

Appears in 5 contracts

Samples: Indenture (American Airlines Inc), Indenture (American Airlines Inc), Supplemental Indenture (American Airlines, Inc.)

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Deposit of Redemption or Purchase Price. On or before 11:00 a.m., New York City time, on the redemption date, the Company shall deposit with the Paying Agent money sufficient to pay the redemption price of and accrued interest, if any, on all Notes to be redeemed on that date. In the event that any redemption date is not a Business Day, the Company will pay the redemption price on the next Business Day without any interest or other payment due to the delay.

Appears in 3 contracts

Samples: Indenture (Global Crossing Airlines Group Inc.), Amr Merger Agreement (American Airlines, Inc.), Indenture (American Airlines, Inc.)

Deposit of Redemption or Purchase Price. On or before 11:00 a.m., New York City time, on the redemption date, the Company shall deposit with the Paying Agent money sufficient to pay the redemption price of and accrued interest, including Special Interest if any, on all Notes to be redeemed on that date. In the event that any redemption date is not a Business Day, the Company will pay the redemption price on the next Business Day without any interest or other payment due to the delay.

Appears in 3 contracts

Samples: Supplemental Indenture (American Airlines, Inc.), Indenture (American Airlines, Inc.), Indenture (American Airlines, Inc.)

Deposit of Redemption or Purchase Price. On or before 11:00 a.m., New York City time, on the redemption date, the Company shall deposit with the Paying Agent money sufficient to pay the redemption price of and accrued interest, including Special Interest if any, on all Notes to be redeemed on that date. In the event that any redemption date is not a Business Day, the Company will pay the redemption price on the next Business Day without any interest or other payment due to the delay. Section 3.6.

Appears in 2 contracts

Samples: Allegiant Travel CO, Allegiant Travel CO

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Deposit of Redemption or Purchase Price. On or before Prior to 11:00 a.m., a.m. (New York City time, ) on the redemption or purchase date, the Company shall will deposit with the Trustee or with the Paying Agent money sufficient to pay the redemption or purchase price of and accrued interest, if any, interest on all Notes to be redeemed or purchased on that date. In The Trustee or the event that any redemption date is not a Business Day, Paying Agent will promptly return to the Company will pay any money deposited with the redemption price on Trustee or the next Business Day without any interest or other payment due to the delay.Paying

Appears in 1 contract

Samples: Vector Group LTD

Deposit of Redemption or Purchase Price. On or before 11:00 a.m., New York City time, on the redemption date, the Company Co-Issuers shall deposit with the Paying Agent money sufficient to pay the redemption price of and accrued interest, if any, on all Notes to be redeemed on that date. In the event that any redemption date is not a Business Day, the Company Co-Issuers will pay the redemption price on the next Business Day without any interest or other payment due to the delay.

Appears in 1 contract

Samples: Supplemental Indenture (Rivian Automotive, Inc. / DE)

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