Common use of Second Clause in Contracts

Second. To the payment of the amounts then due and unpaid upon the Securities of that series for principal, premium, if any, interest, if any, and additional amounts, if any, in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind.

Appears in 13 contracts

Samples: Senior Indenture (Commerce Union Bancshares, Inc.), Epicept Corp, Air Industries Group

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Second. To the payment of the amounts then due and unpaid upon the Securities of that such series for principal, principal (and premium, if any, ) and interest, if any, and additional amounts, if any, in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Securities for principal (and premium, if any) and interest, respectively; and Third: To the Company.

Appears in 1 contract

Samples: Senior Note Indenture (Ametek Inc/)

Second. To the payment of the amounts then due and unpaid upon the Securities or the Guarantees of that such series for principal, principal of (and premium, if any, ) and interest, if any, and additional amounts, if any, on such Securities in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind., according to the amounts due and payable on such Securities for principal (and premium, if any) and interest, if any, respectively; and

Appears in 1 contract

Samples: Abitibi Consolidated Inc

Second. To the payment of the amounts then due and unpaid upon the Securities of that series for principal, principal (and premium, if any, ) and interest, if any, and additional amounts, if any, in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind., according to the amounts due and payable on such Securities for principal (and premium, if any) and interest, respectively; and

Appears in 1 contract

Samples: Gulfstream Aerospace Corp

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Second. To the payment of the amounts then due and unpaid upon the Securities of that series for principalprincipal of, and premium, if any, interest, if any, and additional amounts, if any, interest on the Securities of such series in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind., according to the amounts due and payable on such Securities of such series for principal, and premium, if any, and interest, respectively; and

Appears in 1 contract

Samples: Indenture (Interpublic Group of Companies Inc)

Second. To the payment of the amounts then due and unpaid upon the Securities of that series for principal, premium, if any, interest, if any, and additional amounts, if any, in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind. Third: The balance, if any, to the Company.

Appears in 1 contract

Samples: Avatar Holdings Inc

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