Common use of Payment Permitted If No Default Clause in Contracts

Payment Permitted If No Default. Nothing contained in this Article, elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 or under the conditions described in Section 1203, from making payments at any time of principal of, premium, if any, or interest on the Securities.

Appears in 11 contracts

Sources: Subordinated Indenture (Trustreet Properties Inc), Subordinated Indenture (Sinclair Television Co Ii Inc), Subordinated Indenture (Wsyt Licensee L P)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 15.02 or under the conditions described in Section 120315.03 or 15.04, from making payments at any time of principal of, of (and premium, if any, ) or interest on the Securities.

Appears in 11 contracts

Sources: Indenture (Church & Dwight Co Inc /De/), Indenture (FMC Corp), Indenture (FMC Corp)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 1302 or under the conditions described in Section 12031303, from making payments at any time of principal of, of (and premium, if any, on) or interest on the SecuritiesNotes.

Appears in 11 contracts

Sources: Indenture (Details Inc), Indenture (Paragon Health Network Inc), Indenture (Colortyme Inc)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 14.02 or under the conditions described in Section 120314.03 or 14.04, from making payments at any time of principal of, of (and premium, if any, ) or interest on the Securities.

Appears in 11 contracts

Sources: Indenture (Wesbanco Inc), Indenture (Wesbanco Inc), Indenture (Wesbanco Inc)

Payment Permitted If No Default. Nothing contained in this Article, elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding winding-up, assignment for the benefit of or creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 13.2 or under the conditions described in Section 120313.3, from making payments at any time of principal of, premium, if any, or interest on the Securities.

Appears in 9 contracts

Sources: Indenture (Bally Total Fitness Holding Corp), Indenture (Bally Total Fitness Holding Corp), Indenture (Bally Total Fitness Holding Corp)

Payment Permitted If No Default. Nothing contained in this Article, elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding winding-up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 1402 or under the conditions described in Section 12031403, from making payments at any time of principal of, premium, if any, or interest on the Securities.

Appears in 9 contracts

Sources: Indenture (Penske Automotive Group, Inc.), Exhibit (Sonic Automotive Clearwater Inc), Indenture (United Auto Group Inc)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 1102 or under the conditions described in Section 12031103, from making payments at any time of principal of, of (and premium, if any, ) or interest on the Securities.

Appears in 8 contracts

Sources: Indenture (Western Resources Capital Ii), Indenture (Enron Capital Trust Ii), Indenture (Enron Capital Trust I)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 16.02 or under the conditions described in Section 120316.03 or 16.04, from making payments at any time of principal of, of (and premium, if any, ) or interest on the Securities.

Appears in 7 contracts

Sources: Subordinated Securities Agreement (Aqua America Inc), Subordinated Securities Agreement (Aqua America Inc), Indenture (Jefferies Group LLC)

Payment Permitted If No Default. Nothing contained in this Article, elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 13.2 or under the conditions described in Section 120313.3, from making payments at any time of principal of, premium, if any, or interest on the Securities.

Appears in 4 contracts

Sources: Ninth Supplemental Indenture (Penske Automotive Group, Inc.), Seventh Supplemental Indenture (Penske Automotive Group, Inc.), Third Supplemental Indenture (Penske Automotive Group, Inc.)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 or under the conditions described in Section 1203, from making payments at any time of principal of, and premium, if any, or interest on the SecuritiesNotes.

Appears in 4 contracts

Sources: Indenture (United Artists Theatre Co), Indenture (United Artists Theatre Co), Indenture (Supreme International Corp)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 4.02 or under the conditions described in Section 12034.03, from making payments at any time of principal of, and premium, if any, or interest on the Securities.

Appears in 2 contracts

Sources: Indenture (Centennial Puerto Rico Operations Corp), Indenture (Centennial Puerto Rico Operations Corp)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 1402 or under the conditions described in Section 12031403, from making payments at any time of principal of, of (and premium, if any, on) or interest on the Securities.

Appears in 2 contracts

Sources: Indenture (Tyco International LTD /Ber/), First Supplemental Indenture (Tyco International LTD /Ber/)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 1402 or under the conditions described in Section 12031403, from making payments at any time of principal of, of (and premium, if any, ) or interest or Liquidated Damages, if any, on the SecuritiesNotes.

Appears in 2 contracts

Sources: Indenture (Fleming Companies Inc /Ok/), Indenture (Fleming Companies Inc /Ok/)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 16.2 or under the conditions described in Section 120316.3, from making payments at any time of principal of, and premium, if any, or interest on or with respect to the SecuritiesNotes.

Appears in 2 contracts

Sources: Indenture (MGM Mirage), Indenture (MGM Grand Inc)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 1302 or under the conditions described in Section 12031303, from making payments at any time of principal of, of (and premium, if any, on) or interest on the SecuritiesNotes.

Appears in 2 contracts

Sources: Indenture (Alliance Imaging Inc /De/), Indenture (Alliance Imaging Inc /De/)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 15.2 or under the conditions described in Section 120315.3 or 15.4, from making payments at any time of principal of, of (and premium, if any, ) or interest on the Securities.

Appears in 2 contracts

Sources: Indenture (Royal Gold Inc /De/), Indenture (Royal Gold Inc /De/)

Payment Permitted If No Default. Nothing contained in this Article, Article 15 or elsewhere in this Indenture or in any of the Securities shall prevent the Company, Company at any time except during the pendency of any case, proceeding, dissolutionliquidation, liquidation dissolution or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 15.02 or under the conditions described in Section 120315.03, from making payments at any time of principal of, of (or premium, if any, on) or interest interest, if any, on the Securities.

Appears in 2 contracts

Sources: Indenture (Hughes Electronics Corp), Indenture (Estee Lauder Companies Inc)

Payment Permitted If No Default. Nothing contained in this Article, elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 3.2 or under the conditions described in Section 12033.3, from making payments at any time of principal of, premium, if any, or interest on the SecuritiesNotes.

Appears in 2 contracts

Sources: Indenture (Genesis Health Ventures Inc /Pa), Indenture (Genesis Health Ventures Inc /Pa)

Payment Permitted If No Default. Nothing contained in this Article, Article VII or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 7.02 or under the conditions described in Section 12037.03 or 7.04, from making payments at any time of principal of, of (and premium, if any, ) or interest on the SecuritiesNotes.

Appears in 1 contract

Sources: First Supplemental Indenture (Southside Bancshares Inc)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 15.02 or under the conditions described in Section 120315.03 or 15.04, from making payments at any time of principal of, of (and premium, if any, ) or interest on the Securities.

Appears in 1 contract

Sources: Indenture (Primus Guaranty LTD)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 12.2 or under the conditions described in Section 120312.3, from making payments at any time of principal of, and premium, if any, or interest on the Securities.

Appears in 1 contract

Sources: Indenture (Centennial Cellular Corp)

Payment Permitted If No Default. Nothing contained in this ArticleArticle Ten, elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 10.02 or under the conditions described in Section 120310.03, from making payments at any time of principal of, premium, if any, of or interest on the SecuritiesNotes.

Appears in 1 contract

Sources: Indenture (International Knife & Saw Inc)

Payment Permitted If No Default. Nothing contained in this Article, Article Thirteen or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 1302 or - 146 - under the conditions described in Section 1203, 1303 or 1304 from making payments at any time of principal of, of (and premium, if any, ) or interest on the Securities.

Appears in 1 contract

Sources: Indenture (Dimon Inc)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 1402 or under the conditions described in Section 12031403, from making payments at any time of principal of, of (and premium, if any, on) or interest on the SecuritiesNotes.

Appears in 1 contract

Sources: Indenture (Accuride Corp)

Payment Permitted If No Default. Nothing contained in this Article, elsewhere in this Indenture or in any of the other Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 12.02 or under the conditions described in Section 120312.03, from making payments at any time of principal of, premium, if any, or interest on the Securities.

Appears in 1 contract

Sources: Exhibit (Salem Communications Corp /De/)

Payment Permitted If No Default. Nothing contained in this ArticleArticle XVIII, elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, receivership, reorganization, dissolution, liquidation or other winding winding-up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 18.02 or under the conditions described in Section 120318.03, from making payments at any time of principal of, premium, if any, or interest on the SecuritiesNotes.

Appears in 1 contract

Sources: First Supplemental Indenture (Roper Industries Inc /De/)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Exchange Indenture or in any of the Securities Exchange Debentures shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 or under the conditions described in Section 1203, from making payments at any time of principal of, and premium, if any, or interest on the SecuritiesExchange Debentures.

Appears in 1 contract

Sources: Exchange Indenture (Tmil Corp)

Payment Permitted If No Default. Nothing contained in this Article, elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding winding-up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 or under the conditions described in Section 1203, from making payments at any time of principal of, premium, if any, or interest on the SecuritiesNotes.

Appears in 1 contract

Sources: First Supplemental Indenture (Sonic Automotive Inc)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 10.02 or under the conditions described in Section 120310.03, from making payments at any time of principal of, of (and premium, if any, ) or interest or Additional Interest, if any, on the SecuritiesNotes.

Appears in 1 contract

Sources: Indenture (Fleming Companies Inc /Ok/)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 1402 or under the conditions described in Section 12031403, from making payments at any time of principal of, of (and premium, if any, ) or interest or Additional Interest, if any, on the SecuritiesNotes.

Appears in 1 contract

Sources: Indenture (Fleming Companies Inc /Ok/)

Payment Permitted If No Default. Nothing contained in this Article, elsewhere in this Indenture or in any of the other Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 or under the conditions described in Section 1203, from making payments at any time of principal of, premium, if any, or interest on the Securities.

Appears in 1 contract

Sources: Exhibit (Salem Communications Corp /De/)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 10.02 or under the conditions described in Section 120310.03, from making payments at any time of principal of, of (and premium, if any, ) or interest on the SecuritiesNotes.

Appears in 1 contract

Sources: Indenture (Fleming Companies Inc /Ok/)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 or under the conditions described in Section 12031102, from making payments at any time of principal of, premium, if any, of or interest on the Securities.

Appears in 1 contract

Sources: Indenture (Rouse Company)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 1302 or under the conditions described in Section 12031303, from making payments at any time of principal of, premiumor premium or Liquidated Damages, if any, or interest on the Securities.. 102

Appears in 1 contract

Sources: Indenture (Rent a Center Inc De)

Payment Permitted If No Default. Nothing contained in this Article, elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 1202 or under the conditions described in Section 1203, from making payments at any time of principal of, premium, if any, or interest on the SecuritiesNotes.

Appears in 1 contract

Sources: Second Supplemental Indenture (Sonic Automotive Inc)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, Company at any time except during the pendency of any case, proceeding, dissolutionliquidation, liquidation dissolution or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 1302 or under the conditions described in Section 12031303, from making payments at any time of principal of, of (or premium, if any, ) or interest on the SecuritiesSecurities or the payment of any coupon.

Appears in 1 contract

Sources: Indenture (Arvin Industries Inc)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 1502 or under the conditions described in Section 12031503, from making payments at any time of principal of, of (and premium, if any, ) or interest on the SecuritiesNotes.

Appears in 1 contract

Sources: Indenture (Borg Warner Security Corp)

Payment Permitted If No Default. Nothing contained in this Article, Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 1202 1502 or under the conditions described in Section 12031503, from making payments at any time of principal of, and premium, if any, or interest on the SecuritiesNotes.

Appears in 1 contract

Sources: Indenture (Nine West Group Inc /De)