Payment upon certain Defaults Sample Clauses

Payment upon certain Defaults. Immediately upon the occurrence of any Default under clause (e) and/or (l) of the definition thereof, the Company shall be obligated to pay to the Indenture Trustee an amount equal to: (i) the Principal Balance of the Notes, (ii) all accrued and unpaid Interest (if any) on the Notes, (iii) all unpaid Additional Amounts and (iv) all other amounts then due and payable to Beneficiaries by the Company under the Transaction Documents (including any fees, expenses, indemnities or other amounts payable to the Indenture Trustee and/or the Argentine Collateral Trustee). If so received from the Company, such amounts shall be applied by the Indenture Trustee as if they had been the receipt of a Default Payment.