Notice by the Company. The Company shall promptly notify the Trustee and the Paying Agent in writing of any facts known to the Company that would cause a payment of any principal of (and premium, if any) interest, if any, and additional interest, if any, with respect to the Securities to violate this Article Sixteen, but failure to give such notice shall not affect the subordination of the Securities to the Senior Indebtedness as provided in this Article Sixteen.
Appears in 7 contracts
Samples: FedNat Holding Co, FEDNAT HOLDING Co, Indenture (Federated National Holding Co)
Notice by the Company. The Company shall promptly notify the Trustee and the Paying Agent in writing of any facts known to the Company that would cause a payment of any principal of (and premium, if any) interest, if any, and additional interest, if any, with respect to the Securities to violate this Article Sixteen, but failure to give such notice shall not affect the subordination of the Securities to the Senior Indebtedness as provided in this Article Sixteen.. ARTICLE SEVENTEEN
Appears in 1 contract
Samples: Indenture (Salant Corp)
