Common use of Payment obligations continue Clause in Contracts

Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 (Restriction on Payment: Subordinated Liabilities) and 10.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.

Appears in 5 contracts

Samples: Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (Melco Resorts & Entertainment LTD), Intercreditor Agreement (Melco Crown Entertainment LTD)

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Payment obligations continue. (a) Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document (including, without limitation, any Senior Parent Debt Proceeds Loan Agreement) by the operation of Clauses 10.1 7.1 (Restriction on Payment: Subordinated Investor Liabilities) and 10.2 7.2 (Permitted Payments: Subordinated Investor Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.

Appears in 3 contracts

Samples: Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD), Intercreditor Agreement (Paysafe LTD)

Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 7.1 (Restriction on Payment: Subordinated Investor Liabilities) and 10.2 7.2 (Permitted Payments: Subordinated Investor Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.

Appears in 2 contracts

Samples: Project Albion Intercreditor Agreement, Intercreditor Agreement

Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 7.1 (Restriction on Payment: Subordinated Liabilities) and 10.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.

Appears in 1 contract

Samples: Intercreditor Agreement

Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 8.1 (Restriction on Payment: Subordinated Liabilities) and 10.2 8.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.

Appears in 1 contract

Samples: Intercreditor Agreement (Ferroglobe PLC)

Payment obligations continue. Neither No Debtor nor the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 4.2 (Restriction on Payment: Subordinated Hedging Liabilities) and 10.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.4.3

Appears in 1 contract

Samples: Intercreditor Agreement

Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 7.1 (Restriction on Payment: Subordinated Liabilities) and 10.2 7.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.

Appears in 1 contract

Samples: Intercreditor Agreement

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Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 (Restriction on Payment: Subordinated Shareholder Liabilities) and 10.2 (Permitted Payments: Subordinated Shareholder Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.

Appears in 1 contract

Samples: Intercreditor Agreement

Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 9.1 (Restriction on Payment: Subordinated Liabilities) and 10.2 9.2 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.

Appears in 1 contract

Samples: Agreement

Payment obligations continue. Neither the Parent nor any other Debtor shall be released from the liability to make any Payment (including of default interest, which shall continue to accrue) under any Debt Document by the operation of Clauses 10.1 6.1 (Restriction on Payment: Identity of Subordinated LiabilitiesCreditors) and 10.2 6.3 (Permitted Payments: Subordinated Liabilities) even if its obligation to make that Payment is restricted at any time by the terms of any of those Clauses.

Appears in 1 contract

Samples: www.thesisam.com

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