Common use of Punctual Payment Clause in Contracts

Punctual Payment. The Authority shall punctually pay, but only out of Payments and pledged funds as herein provided, the principal and interest to become due in respect of every Bond issued hereunder at the times and places and in the manner provided herein and in the Bonds, according to the true intent and meaning thereof.

Appears in 2 contracts

Samples: Indenture, Indenture

AutoNDA by SimpleDocs

Punctual Payment. The Authority shall punctually paypay or cause to be paid the principal, but only out of Payments and pledged funds as herein providedpremium, the principal if any, and interest to become due in respect of every Bond issued hereunder at the times and places and in the manner provided herein and in all the Bonds, in strict conformity with the terms of the Bonds and of this Indenture, according to the true intent and meaning thereof, but only out of Revenues and other assets pledged for such payment as provided in this Indenture.

Appears in 2 contracts

Samples: Loan Agreement (Lannett Co Inc), Nutrition Management Services Co/Pa

Punctual Payment. The Authority shall punctually pay, but only out of Payments and pledged funds as herein provided, pay or cause to be paid the principal of and interest to become due and premium (if any) on all the Bonds in respect strict conformity with the terms of every Bond issued hereunder at the times Bonds and places and in the manner provided herein and in the Bondsof this Indenture, according to the true intent and meaning thereof, but only out of Revenues and other assets pledged for such payment as provided in this Indenture.

Appears in 2 contracts

Samples: Indenture, Master Indenture

Punctual Payment. The Authority shall punctually paypay or cause to be paid the principal, but only out of Payments interest and pledged funds as herein provided, the principal and interest premium (if any) to become due in respect of every Bond issued hereunder at the times and places and in the manner provided herein and in all the Bonds, in strict conformity with the terms of the Bonds and of this Indenture, according to the true intent and meaning thereof, but only out of Revenues and other assets pledged for such payment as provided in this Indenture.

Appears in 2 contracts

Samples: Indenture, Escrow Deposit and Trust Agreement

Punctual Payment. The Authority shall punctually pay, but only out of Payments and pledged funds as herein provided, pay or cause to be paid the principal and interest and premium (if any) to become due in respect of every Bond issued hereunder at the times and places and in the manner provided herein and in all the Bonds, in strict conformity with the terms of the Bonds and of this Indenture, according to the true intent and meaning thereof, but only out of Revenues, and other assets pledged for such payment as provided in this Indenture.

Appears in 2 contracts

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net, mccmeetingspublic.blob.core.usgovcloudapi.net

Punctual Payment. The Authority shall punctually paypay the principal, but only out of Payments and pledged funds as herein providedpremium, the principal if any, and interest to become due in respect of every Bond issued hereunder at the times and places and in the manner provided herein and in the Bonds, or shall cause the same to be paid punctually, in strict conformity with the terms of the Bonds and of this Indenture, according to the true intent and meaning thereofthereof and hereof, but only out of the Revenues as provided in this Indenture, and not otherwise.

Appears in 2 contracts

Samples: Loan Agreement (Gateway Trade Center Inc.), Loan Agreement (Gateway Trade Center Inc.)

Punctual Payment. The Authority shall punctually pay, but only out of Payments and pledged funds as herein provided, pay or cause to be paid the principal or Redemption Price and interest to become due in respect of every Bond issued hereunder at the times and places and in the manner provided herein and in all the Bonds, in strict conformity with the terms of the Bonds and of this Indenture, according to the true intent and meaning thereof, but only out of Net Revenues and other assets pledged for such payment as provided in this Indenture.

Appears in 1 contract

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net

Punctual Payment. The Authority shall punctually paypay or cause to be paid the principal, but only out of Payments and pledged funds as herein providedpremium, the principal if any, and interest to become due in respect of every Bond issued hereunder at the times and places and in the manner provided herein and in all the Bonds, in strict conformity with the terms of the Bonds and of this Indenture, according to the true intent and meaning thereof, but only out of the Revenues as provided in this Indenture, and not otherwise.

Appears in 1 contract

Samples: Loan Agreement (Gateway Trade Center Inc.)

Punctual Payment. The Authority shall punctually pay, but only out of Payments and pledged funds as herein provided, pay or cause to be paid the principal and interest and premium (if any) to become due in respect of every Bond issued hereunder at all the times Authority Bonds, in strict conformity with the terms of the Authority Bonds and places and in the manner provided herein and in the Bondsof this Indenture, according to the true intent and meaning thereof, but only out of Revenues and other assets pledged for such payment as provided in this Indenture.

Appears in 1 contract

Samples: Indenture of Trust

AutoNDA by SimpleDocs

Punctual Payment. The Authority shall punctually pay, but only out of Payments and pledged funds as herein provided, pay or cause to be paid the principal or Redemption Price and interest to become due in respect of every Bond issued hereunder at the times and places and in the manner provided herein and in all the Bonds, in strict conformity with the terms of the Bonds and of this Indenture, according to the true intent and meaning thereof, but only out of Revenues and other assets pledged for such payment as provided in this Indenture.

Appears in 1 contract

Samples: Indenture

Punctual Payment. The Authority shall punctually paypay or cause to be paid‌ the principal, but only out of Payments and pledged funds as herein providedpremium, the principal if any, and interest to become due in respect of every Bond issued hereunder at the times and places and in the manner provided herein and in all the Bonds, in strict conformity with the terms of the Bonds and of this Indenture, according to the true intent and meaning thereof, but only out of Revenues and other assets pledged for such payment as provided in this Indenture.

Appears in 1 contract

Samples: Indenture

Punctual Payment. The Authority shall punctually pay, but only out of Payments and pledged funds as herein provided, pay or cause to be paid the principal of, and premium, if any, and interest to become due in respect of every Bond issued hereunder at the times and places and in the manner provided herein and in on the Bonds, in strict conformity with the terms of the Bonds and of this Indenture, according to the true intent and meaning thereof, but only out of the Lease Revenues and other assets pledged for such payment as provided in this Indenture and received by the Authority or the Trustee.

Appears in 1 contract

Samples: Indenture

Punctual Payment. The Authority shall punctually pay, but only out of Payments and pledged funds as herein provided, pay or cause to be paid the principal and interest to become due in respect of every Bond issued hereunder at the times and places and in the manner provided herein and in all the Bonds, in strict conformity with the terms of the Bonds and of this Indenture, according to the true intent and meaning thereof, but only out of Revenues and other assets pledged for such payment as provided in this Indenture.

Appears in 1 contract

Samples: citydocs.cityoforange.org

Punctual Payment. The Authority shall punctually pay, but only out of Payments and pledged funds as herein provided, pay or cause to be paid the principal and interest to become due in respect of every Bond issued hereunder at the times and places and in the manner provided herein and in all the Bonds, in strict conformity with the terms of the Bonds and of this Indenture, according to the true intent and meaning thereof, but only out of Revenues, and other assets pledged for such payment as provided in this Indenture.

Appears in 1 contract

Samples: Fiscal Agent Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.