Common use of Payment of Notes Clause in Contracts

Payment of Notes. The Issuer shall pay the principal of and interest on the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money designated for and sufficient to pay such installment. The Issuer shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 18 contracts

Samples: Indenture (William Lyon Homes), Indenture (Affiliate Investment, Inc.), Supplemental Indenture (Affiliate Investment, Inc.)

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Payment of Notes. The Issuer shall pay the principal of and interest on the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds by 11:00 a.m. on that date money designated for and sufficient to pay such installment. The Issuer shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 13 contracts

Samples: Indenture (Match Group, Inc.), Indenture (Iac/Interactivecorp), Indenture (Match Group, Inc.)

Payment of Notes. The Issuer shall pay the principal of and interest (including all Additional Interest as provided in the Registration Rights Agreement) on the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money designated for and sufficient to pay such installment. The Issuer shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 7 contracts

Samples: Weyerhaeuser Real Estate Company (TRI Pointe Homes, Inc.), Indenture (Meritage Homes CORP), Indenture (Meritage Corp)

Payment of Notes. The Issuer shall pay the principal of and interest (including all Registration Default Damages as provided in the Registration Rights Agreement) on the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money designated for and sufficient to pay such installment. The Issuer shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 6 contracts

Samples: Indenture (M I Homes Inc), Indenture (M I Homes Inc), Indenture (M I Homes Inc)

Payment of Notes. The Issuer shall pay the principal of and interest on the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or the Paying Agent holds Agents hold by 10:00 A.M. Eastern Time on that date money U.S. Dollars designated for and sufficient to pay such installment. The Issuer shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 5 contracts

Samples: Indenture (Wesco International Inc), Indenture (Crown Holdings Inc), Indenture (Wesco International Inc)

Payment of Notes. The Issuer Issuers shall pay the principal of and interest on the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money designated for and sufficient to pay such installment. The Issuer Issuers shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 5 contracts

Samples: Indenture (Starz, LLC), Supplemental Indenture (Trilogy International Partners Inc.), Security Agreement (Portrait Corp of America, Inc.)

Payment of Notes. The Issuer shall pay the principal of and interest (including all Liquidated Damages as provided in the Registration Rights Agreement) on the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money designated for and sufficient to pay such installment. The Issuer shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 5 contracts

Samples: Indenture (Meritage Homes CORP), Indenture (Meritage Homes CORP), Indenture (Meritage Homes CORP)

Payment of Notes. The Issuer Issuers shall pay the principal of and interest on the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or the Paying Agent holds Agents hold on that date money U.S. Dollars designated for and sufficient to pay such installment. The Issuer Issuers shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 4 contracts

Samples: Crown Holdings Inc, Crown Holdings Inc, Crown Holdings Inc

Payment of Notes. The Issuer shall promptly pay the principal of and interest on the Notes on the dates and in the manner provided in the Notes and in this Indenture. An installment of principal or Principal and interest shall be considered paid on the date it is due if on such date the Trustee or the Paying Agent holds on that date in accordance with this Indenture money designated for and sufficient to pay such installmentall principal and interest then due. The Issuer shall pay interest on overdue principal (including post-petition interest at the rate specified therefor in a proceeding under any Bankruptcy Law)the Notes, and it shall pay interest on overdue interest, installments of interest at the rate borne by the Notes to the extent lawful, at the rate specified in the Notes.

Appears in 4 contracts

Samples: Indosat International (PT Indosat TBK), Indenture (PT Indosat TBK), Indenture (PT Indosat TBK)

Payment of Notes. The Issuer Issuers shall pay the principal of and interest (including all Additional Interest as provided in the Registration Rights Agreement) on the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money designated for and sufficient to pay such installment. The Issuer Issuers shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 4 contracts

Samples: Target Directories of Michigan Inc, Ashton Houston Residential L.L.C., TWP Capital Corp Ii

Payment of Notes. The Issuer shall pay the principal of and interest on the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or the Paying Agent holds Agents hold on that date money Euros designated for and sufficient to pay such installment. The Issuer shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 3 contracts

Samples: Indenture (Crown Holdings Inc), Crown Holdings Inc, Crown Holdings Inc

Payment of Notes. The Issuer shall pay the principal of and interest on the Notes on in accordance with the dates and in the manner provided in terms of the Notes and this the Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money designated for and sufficient to pay such installment. The Issuer shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 3 contracts

Samples: Merger (Spansion Inc.), Indenture (Spansion Inc.), Indenture (Spansion Inc.)

Payment of Notes. The Issuer Issuers shall pay the principal of and interest on the Notes on the dates and in the manner provided in the Notes and in this Indenture. An installment of principal or Principal and interest shall be considered paid on the date it is due if on such date the Trustee or the applicable Paying Agent holds on that date in accordance with this Indenture money designated for and sufficient to pay such installmentall principal and interest then due. The Issuer Issuers shall pay interest on overdue principal (including post-petition interest at the rate specified therefor in a proceeding under any Bankruptcy Law)the Notes, and it shall pay interest on overdue interest, installments of interest at the rate borne by the Notes to the extent lawful, at the rate specified in the Notes.

Appears in 2 contracts

Samples: Indenture (Valaris LTD), Junior Lien Intercreditor Agreement (Diamond Offshore Drilling, Inc.)

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Payment of Notes. The Issuer shall pay the principal of and interest on the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or the Paying Agent holds Agents hold by 10:00 A.M., London time, on that date money Euros designated for and sufficient to pay such installment. The Issuer shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 2 contracts

Samples: Indenture (LKQ Corp), Supplemental Indenture (LKQ Corp)

Payment of Notes. The Issuer shall pay the principal of and interest on the Notes on the dates and in the manner provided in the such Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or the Paying Agent holds Agents hold on that date money Euros designated for and sufficient to pay such installment. The Issuer shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 2 contracts

Samples: Indenture (Crown Holdings Inc), Indenture (Crown Holdings, Inc.)

Payment of Notes. The Issuer shall pay the principal Accreted Value of and interest on the Notes on in accordance with the dates and in the manner provided in terms of the Notes and this Indenture. An installment of principal Accreted Value or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money designated for and sufficient to pay such installment. The Issuer shall pay interest on overdue principal Accreted Value (and premium, if any) (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 1 contract

Samples: Indenture (Pharma Services Intermediate Holding Corp)

Payment of Notes. The Issuer Issuers shall pay the principal of and interest on the Notes on the dates and in the manner provided in the Notes and in this Indenture. An installment of principal or Principal and interest shall be considered paid on the date it is due if on such date the Trustee or the applicable Paying Agent holds on that date in accordance with this Indenture money designated for and sufficient to pay such installmentall principal and interest then due. 69 The Issuer Issuers shall pay interest on overdue principal (including post-petition interest at the rate specified therefor in a proceeding under any Bankruptcy Law)the Notes, and they shall pay interest on overdue interest, installments of interest at the rate borne by the Notes to the extent lawful, at the rate specified in the Notes. Section 4.03.

Appears in 1 contract

Samples: Borr Drilling LTD

Payment of Notes. The Issuer shall pay the principal of of, premium, if any, and interest on the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money designated for and sufficient to pay such installment. The Issuer shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 1 contract

Samples: Limited Brands Inc

Payment of Notes. The Issuer shall pay the principal of and interest on the Notes on in accordance with the dates and in the manner provided in terms of the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money designated for and sufficient to pay such installment. The Issuer shall pay interest on overdue principal (including post-petition interest in a proceeding under any Bankruptcy Law), and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 1 contract

Samples: Indenture (Spansion Inc.)

Payment of Notes. The Issuer shall pay the principal of and interest on the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money designated for and sufficient to pay such installment. The Issuer shall pay interest on overdue principal (including post-post- petition interest in a proceeding under any Bankruptcy Law), ) and overdue interest, to the extent lawful, at the rate specified in the Notes.

Appears in 1 contract

Samples: Archivex LTD

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