Common use of Payments on Securities Permitted Clause in Contracts

Payments on Securities Permitted. Except as expressly provided in this Article, nothing contained in this Article shall affect the obligation of the Company to make, or prevent the Company from making, payments of the principal of, or premium, if any, or interest (including Liquidated Damages, if any) on the Securities in accordance with the provisions hereof and thereof, or shall prevent the Trustee or any Paying Agent from applying any moneys deposited with it hereunder to the payment of the principal of, or premium, if any, or interest (including Liquidated Damages, if any) on the Securities.

Appears in 13 contracts

Samples: Indenture (Nektar Therapeutics), Indenture (Cv Therapeutics Inc), Indenture (Nektar Therapeutics)

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Payments on Securities Permitted. Except as expressly provided in this Article, nothing Nothing contained in this Article or elsewhere in this Indenture, or in any of the Securities, shall affect the obligation of the Company to make, or prevent the Company from making, payments payment of the principal of, of (or premium, if any, ) or interest (including Liquidated Damages, if any) on or any Additional Amounts in respect of the Securities in accordance with the provisions hereof and thereof, or shall prevent the Trustee or any Paying Agent from applying any moneys deposited with it hereunder to the payment of the principal of, or premium, if any, or interest (including Liquidated Damages, if any) on the Securitiesexcept as otherwise provided in this Article.

Appears in 4 contracts

Samples: Indenture (Developers Diversified Realty Corp), Indenture (Developers Diversified Realty Corp), Worldcom Inc /Ga/

Payments on Securities Permitted. Except as expressly provided in this Article, nothing contained in this Article shall affect the obligation of the Company to make, or prevent the Company from making, payments of the principal of, or premium, if any, or interest (interest, including Liquidated DamagesSpecial Interest, if any) , on the Securities in accordance with the provisions hereof and thereof, or shall prevent the Trustee or any Paying Agent from applying any moneys deposited with it hereunder to the payment of the principal of, or premium, if any, or interest (interest, including Liquidated DamagesSpecial Interest, if any) , on the Securities.

Appears in 2 contracts

Samples: Indenture (Vertex Pharmaceuticals Inc / Ma), Indenture (Vertex Pharmaceuticals Inc / Ma)

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Payments on Securities Permitted. Except as expressly provided in this Article, nothing contained in this Article shall affect the obligation of the Company to make, or prevent the Company from making, payments of the principal of, or premium, if any, of or interest (including Liquidated Damages, if any) on the Securities in accordance with the provisions hereof and thereof, or shall prevent the Trustee or any Paying Agent from applying any moneys deposited with it hereunder to the payment of the principal of, or premium, if any, of or interest (including Liquidated Damages, if any) on the Securities.

Appears in 2 contracts

Samples: Indenture (Nektar Therapeutics), Equinix Inc

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