Common use of Payment by Wire Transfer Clause in Contracts

Payment by Wire Transfer. So long as any Purchaser or its nominee shall be the holder of any Bond and such Purchaser or its nominee shall have given written notice to the Trustee requesting that the provisions of this Section 14.2 apply (such notice hereby given in Schedule A to this Agreement), and notwithstanding anything contained in Section 14.1 or in such Bond to the contrary, the Company will pay all sums becoming due on such Bond for principal, Make-Whole Amount, if any, interest and all other amounts becoming payable hereunder by the method and at the address specified for such purpose below such Purchaser’s name in Schedule A, or by such other method (reasonably acceptable to the Trustee) or at such other address as such Purchaser shall have from time to time specified to the Trustee in writing for such purpose, without the presentation or surrender of such Bond. Each Purchaser hereby agrees that (i) before any sale or other transfer by such Purchaser or its nominee of any Bond in respect of which any principal payments or prepayments have been made in the manner provided in this Section 14.2, such Purchaser or its nominee, respectively, will present such Bond to the Trustee in exchange for a new Bond or Bonds and in a principal amount equal to the unpaid principal amount of such Bond and (ii) promptly following payment in full of any Bond thereby, such Purchaser, its nominee or a subsequent Institutional Investor will promptly surrender such Bond to the Trustee for cancellation. The Company will afford the benefits of this Section 14.2 to any Institutional Investor that is the direct or indirect transferee of any Bond purchased by a Purchaser under this Agreement and that has made the same agreement relating to such Bond as such Purchaser has made in this Section 14.2. Upon receiving payment as specified above without the presentation or surrender of any Bond, such Purchaser, its nominee or a subsequent Institutional Investor shall be deemed to have agreed to indemnify the Trustee for, and to hold it harmless against, any loss, liability or expense incurred without gross negligence, willful misconduct or bad faith on its part, arising out of or in connection with such Purchaser’s, its nominee’s or such subsequent Institutional Investor’s failure to comply with the provisions of this Section 14.2, including the costs of defending itself in connection therewith, such indemnity to survive the payment of such Bond and any resignation or removal of the Trustee. Each holder of a Bond, by its acceptance of a Bond, will be deemed to have agreed to be bound by and to be entitled to the benefits of this Section 14.2 as though it were a party to this Agreement.

Appears in 1 contract

Samples: Bond Purchase Agreement (Nevada Power Co)

AutoNDA by SimpleDocs

Payment by Wire Transfer. So long as any Purchaser or Additional Purchaser or its nominee shall be the holder of any Bond and such Purchaser or its nominee shall have given written notice to the Trustee requesting that the provisions of this Section 14.2 apply (such notice hereby given in Schedule A to this Agreement)Note, and notwithstanding anything contained in Section 14.1 or in such Bond Note to the contrary, the Company (or its agent or sub-agent) will pay all sums becoming due on such Bond Note for principal, Make-Whole Prepayment Settlement Amount, if any, interest and all other amounts becoming payable due hereunder by the method and at the address specified for such purpose below such Purchaser’s name in the Purchaser Schedule Aor, in the case of any Additional Purchaser, Schedule A attached to any Supplement to which such Additional Purchaser is a party or by such other method (reasonably acceptable to the Trustee) or at such other address as such Purchaser or Additional Purchaser shall have from time to time specified to the Trustee Company in writing for such purpose, without the presentation or surrender of such BondNote or the making of any notation thereon, except that upon written request of the Company made concurrently with or reasonably promptly after payment or BLACKSTONE PRIVATE CREDIT FUND NOTE PURCHASE AGREEMENT prepayment in full of any Note, such Purchaser or Additional Purchaser shall surrender such Note for cancellation, reasonably promptly after any such request, to the Company at its principal executive office or at the place of payment most recently designated by the Company pursuant to Section 14.1. Each Purchaser hereby agrees that (i) before Prior to any sale or other transfer disposition of any Note held by such a Purchaser or its nominee of any Bond in respect of which any principal payments or prepayments have been made in the manner provided in this Section 14.2, such Additional Purchaser or its nominee, respectivelysuch Person will, will present at its election, either endorse thereon the amount of principal paid thereon and the last date to which interest has been paid thereon or surrender such Bond Note to the Trustee Company in exchange for a new Bond Note or Bonds and in a principal amount equal Notes of the same tranche pursuant to the unpaid principal amount of such Bond and (ii) promptly following payment in full of any Bond thereby, such Purchaser, its nominee or a subsequent Institutional Investor will promptly surrender such Bond to the Trustee for cancellationSection 13.2. The Company will afford the benefits of this Section 14.2 to any Institutional Investor that is the direct or indirect transferee of any Bond Note purchased by a Purchaser or Additional Purchaser under this Agreement or any Supplement and that has made the same agreement relating to such Bond Note as such Purchaser has the Purchasers have made in this Section 14.2. Upon receiving payment as specified above without the presentation or surrender of any Bond, such Purchaser, its nominee or a subsequent Institutional Investor shall be deemed to have agreed to indemnify the Trustee for, and to hold it harmless against, any loss, liability or expense incurred without gross negligence, willful misconduct or bad faith on its part, arising out of or in connection with such Purchaser’s, its nominee’s or such subsequent Institutional Investor’s failure to comply with the provisions of this Section 14.2, including the costs of defending itself in connection therewith, such indemnity to survive the payment of such Bond and any resignation or removal of the Trustee. Each holder of a Bond, by its acceptance of a Bond, will be deemed to have agreed to be bound by and to be entitled to the benefits of this Section 14.2 as though it were a party to this Agreement.

Appears in 1 contract

Samples: Agreement (Blackstone Private Credit Fund)

Payment by Wire Transfer. So long as any Purchaser or its nominee shall be the holder of any Bond and such Purchaser or its nominee shall have given written notice to the Trustee requesting that the provisions of this Section 14.2 apply (such notice hereby given in Schedule A to this Agreement)Note, and notwithstanding anything contained in Section 14.1 15.1 or in such Bond Note to the contrary, the Company (will pay (either directly or through the Paying Agent) all sums becoming due on such Bond Note for principal, Make-Whole AmountAmount and CoC Prepayment Premium, if any, interest and all other amounts becoming payable due hereunder by the method and at the address specified for such purpose below such Purchaser’s 's name in Schedule Athe Purchaser Schedule, or by such other method (reasonably acceptable to the Trustee) or at such other address as such Purchaser shall have from time to time specified to the Trustee Company or the Paying Agent in writing for such purpose, without the presentation or surrender of such BondNote or the making of any notation thereon, except that upon written request of the Company made concurrently with or reasonably promptly after payment or prepayment in full of any Note, such Purchaser shall surrender such Note for cancellation, reasonably promptly after any such request, to the Company at its principal executive office or at the place of payment most recently designated by the Company pursuant to Section 15.1. Each Purchaser hereby agrees that (i) before Prior to any sale or other transfer by such Purchaser or its nominee disposition of any Bond in respect of which any principal payments or prepayments have been made in the manner provided in this Section 14.2, such Note held by a Purchaser or its nominee, respectivelysuch Purchaser will, will present at its election, either endorse thereon the amount of principal paid thereon and the last date to which interest has been paid thereon or surrender such Bond Note to the Trustee Company in exchange for a new Bond Note or Bonds and in a principal amount equal Notes pursuant to the unpaid principal amount of such Bond and (ii) promptly following payment in full of any Bond thereby, such Purchaser, its nominee or a subsequent Institutional Investor will promptly surrender such Bond to the Trustee for cancellationSection 14.2. The Company will afford the benefits of this Section 14.2 15.2 to any Institutional Investor that is the direct or indirect transferee of any Bond Note purchased by a Purchaser under this Agreement and that has made the same agreement relating to such Bond Note as such Purchaser has the Purchasers have made in this Section 14.215.2. Upon receiving payment The Company may, from time to time, appoint a paying agent (a "Paying Agent") to make payments on behalf of the Company pursuant to this Agreement or the Notes. On the date of the Closing, the Company hereby appoints Wilmington Savings Fund Society, FSB as specified above without the presentation or surrender of any Bond, such Purchaser, its nominee or a subsequent Institutional Investor shall be deemed to have agreed to indemnify the Trustee forPaying Agent in accordance with this Section 15.2, and to hold it harmless againstWilmington Savings Fund Society, any loss, liability or expense incurred without gross negligence, willful misconduct or bad faith on its part, arising out of or in connection with FSB hereby accepts such Purchaser’s, its nominee’s or such subsequent Institutional Investor’s failure to comply with the provisions of this Section 14.2, including the costs of defending itself in connection therewith, such indemnity to survive the payment of such Bond and any resignation or removal of the Trustee. Each holder of a Bond, by its acceptance of a Bond, will be deemed to have agreed to be bound by and to be entitled to the benefits of this Section 14.2 as though it were a party to this Agreementappointment.

Appears in 1 contract

Samples: Note Purchase Agreement (Global Ship Lease, Inc.)

Payment by Wire Transfer. So long as any Purchaser or Additional Purchaser or its nominee shall be the holder of any Bond and such Purchaser or its nominee shall have given written notice to the Trustee requesting that the provisions of this Section 14.2 apply (such notice hereby given in Schedule A to this Agreement)Note, and notwithstanding anything contained in Section 14.1 or in such Bond Note to the contrary, the Company (or its agent or sub-agent) will pay all sums becoming due on such Bond Note for principal, Make-Whole Prepayment Settlement Amount, if any, interest and all other amounts becoming payable due hereunder by the method and at the address specified for such purpose below such Purchaser’s name in the Purchaser Schedule Aor, in the case of any Additional Purchaser, Schedule A attached to any Supplement to which such Additional Purchaser is a party or by such other method (reasonably acceptable to the Trustee) or at such other address as such Purchaser or Additional Purchaser shall have from time to time specified to the Trustee Company in HPS CORPORATE LENDING FUND NOTE PURCHASE AGREEMENT writing for such purpose, without the presentation or surrender of such BondNote or the making of any notation thereon, except that upon written request of the Company made concurrently with or reasonably promptly after payment or prepayment in full of any Note, such Purchaser or Additional Purchaser shall surrender such Note for cancellation, reasonably promptly after any such request, to the Company at its principal executive office or at the place of payment most recently designated by the Company pursuant to Section 14.1. Each Purchaser hereby agrees that (i) before Prior to any sale or other transfer disposition of any Note held by such a Purchaser or its nominee of any Bond in respect of which any principal payments or prepayments have been made in the manner provided in this Section 14.2, such Additional Purchaser or its nominee, respectivelysuch Person will, will present at its election, either endorse thereon the amount of principal paid thereon and the last date to which interest has been paid thereon or surrender such Bond Note to the Trustee Company in exchange for a new Bond Note or Bonds and in a principal amount equal Notes of the same tranche pursuant to the unpaid principal amount of such Bond and (ii) promptly following payment in full of any Bond thereby, such Purchaser, its nominee or a subsequent Institutional Investor will promptly surrender such Bond to the Trustee for cancellationSection 13.2. The Company will afford the benefits of this Section 14.2 to any Institutional Investor that is the direct or indirect transferee of any Bond Note purchased by a Purchaser or Additional Purchaser under this Agreement or any Supplement and that has made the same agreement relating to such Bond Note as such Purchaser has the Purchasers have made in this Section 14.2. Upon receiving payment as specified above without the presentation or surrender of any Bond, such Purchaser, its nominee or a subsequent Institutional Investor shall be deemed to have agreed to indemnify the Trustee for, and to hold it harmless against, any loss, liability or expense incurred without gross negligence, willful misconduct or bad faith on its part, arising out of or in connection with such Purchaser’s, its nominee’s or such subsequent Institutional Investor’s failure to comply with the provisions of this Section 14.2, including the costs of defending itself in connection therewith, such indemnity to survive the payment of such Bond and any resignation or removal of the Trustee. Each holder of a Bond, by its acceptance of a Bond, will be deemed to have agreed to be bound by and to be entitled to the benefits of this Section 14.2 as though it were a party to this Agreement.

Appears in 1 contract

Samples: Master Note Purchase Agreement (HPS Corporate Lending Fund)

Payment by Wire Transfer. So long as any Purchaser or Additional Purchaser or its nominee shall be the holder of any Bond and such Purchaser or its nominee shall have given written notice to the Trustee requesting that the provisions of this Section 14.2 apply (such notice hereby given in Schedule A to this Agreement)Note, and notwithstanding anything contained in Section 14.1 or in such Bond Note to the contrary, the Company (or its agent or sub-agent) will pay all sums becoming due on such Bond Note for principal, Make-Whole Prepayment Settlement Amount, if any, interest and all other amounts becoming payable due hereunder by the method and at the address specified for such purpose below such Purchaser’s name in the Purchaser Schedule Aor, in the case of any Additional Purchaser, Schedule A attached BLACKSTONE PRIVATE CREDIT FUND NOTE PURCHASE AGREEMENT to any Supplement to which such Additional Purchaser is a party or by such other method (reasonably acceptable to the Trustee) or at such other address as such Purchaser or Additional Purchaser shall have from time to time specified to the Trustee Company in writing for such purpose, without the presentation or surrender of such BondNote or the making of any notation thereon, except that upon written request of the Company made concurrently with or reasonably promptly after payment or prepayment in full of any Note, such Purchaser or Additional Purchaser shall surrender such Note for cancellation, reasonably promptly after any such request, to the Company at its principal executive office or at the place of payment most recently designated by the Company pursuant to Section 14.1. Each Purchaser hereby agrees that (i) before Prior to any sale or other transfer disposition of any Note held by such a Purchaser or its nominee of any Bond in respect of which any principal payments or prepayments have been made in the manner provided in this Section 14.2, such Additional Purchaser or its nominee, respectivelysuch Person will, will present at its election, either endorse thereon the amount of principal paid thereon and the last date to which interest has been paid thereon or surrender such Bond Note to the Trustee Company in exchange for a new Bond Note or Bonds and in a principal amount equal Notes of the same tranche pursuant to the unpaid principal amount of such Bond and (ii) promptly following payment in full of any Bond thereby, such Purchaser, its nominee or a subsequent Institutional Investor will promptly surrender such Bond to the Trustee for cancellationSection 13.2. The Company will afford the benefits of this Section 14.2 to any Institutional Investor that is the direct or indirect transferee of any Bond Note purchased by a Purchaser or Additional Purchaser under this Agreement or any Supplement and that has made the same agreement relating to such Bond Note as such Purchaser has the Purchasers have made in this Section 14.2. Upon receiving payment as specified above without the presentation or surrender of any Bond, such Purchaser, its nominee or a subsequent Institutional Investor shall be deemed to have agreed to indemnify the Trustee for, and to hold it harmless against, any loss, liability or expense incurred without gross negligence, willful misconduct or bad faith on its part, arising out of or in connection with such Purchaser’s, its nominee’s or such subsequent Institutional Investor’s failure to comply with the provisions of this Section 14.2, including the costs of defending itself in connection therewith, such indemnity to survive the payment of such Bond and any resignation or removal of the Trustee. Each holder of a Bond, by its acceptance of a Bond, will be deemed to have agreed to be bound by and to be entitled to the benefits of this Section 14.2 as though it were a party to this Agreement.

Appears in 1 contract

Samples: Master Note Purchase Agreement (Blackstone Private Credit Fund)

AutoNDA by SimpleDocs

Payment by Wire Transfer. So long as any Purchaser or its nominee shall be the holder of any Bond and such Purchaser or its nominee shall have given written notice to the Trustee requesting that the provisions of this Section 14.2 apply (such notice hereby given in Schedule A to this Agreement)Series 2020A Bond, and notwithstanding anything contained in Section 14.1 or in such Series 2020A Bond to the contrary, the Company will pay all sums becoming due on such Series 2020A Bond for principal, Make-Whole Amount, if any, interest and all other amounts becoming payable due hereunder by the method and at the address specified for such purpose below such Purchaser’s name in Schedule Athe Purchaser Schedule, or by such other method (reasonably acceptable to the Trustee) or at such other address as such Purchaser shall have from time to time specified to the Trustee Company in writing for such purpose, without the presentation or surrender of such Series 2020A Bond or the making of any notation thereon, except that upon written request of the Company made concurrently with or reasonably promptly after payment or prepayment in full of any Series 2020A Bond, such Purchaser shall surrender such Series 2020A Bond for cancellation, reasonably promptly after any such request, to the Company at its principal executive office or at the place of payment most recently designated by the Company pursuant to Section 14.1. Each Purchaser hereby agrees that (i) before Prior to any sale or other transfer by such Purchaser or its nominee disposition of any Series 2020A Bond in respect of which any principal payments or prepayments have been made in the manner provided in this Section 14.2, such held by a Purchaser or its nominee, respectivelysuch Purchaser will, will present at its election, either endorse thereon the amount of principal paid thereon and the last date to which interest has been paid thereon or surrender such Series 2020A Bond to the Trustee Company in exchange for a new Series 2020A Bond or Series 2020A Bonds and in a principal amount equal pursuant to the unpaid principal amount of such Bond and (ii) promptly following payment in full of any Bond thereby, such Purchaser, its nominee or a subsequent Institutional Investor will promptly surrender such Bond to the Trustee for cancellationSection 13.2. The Company will afford the benefits of this Section 14.2 to any Institutional Investor that is the direct or indirect transferee of any Series 2020A Bond purchased by a Purchaser under this Agreement and that has made the same agreement relating to such Series 2020A Bond as such Purchaser has the Purchasers have made in this Section 14.2. Upon receiving payment as specified above without the presentation or surrender of any Bond, such Purchaser, its nominee or a subsequent Institutional Investor shall be deemed to have agreed to indemnify the Trustee for, and to hold it harmless against, any loss, liability or expense incurred without gross negligence, willful misconduct or bad faith on its part, arising out of or in connection with such Purchaser’s, its nominee’s or such subsequent Institutional Investor’s failure to comply with the provisions of this Section 14.2, including the costs of defending itself in connection therewith, such indemnity to survive the payment of such Bond and any resignation or removal of the Trustee. Each holder of a Bond, by its acceptance of a Bond, will be deemed to have agreed to be bound by and to be entitled to the benefits of this Section 14.2 as though it were a party to this Agreement.

Appears in 1 contract

Samples: Middlesex Water Co

Payment by Wire Transfer. So long as any Purchaser or Additional Purchaser or its nominee shall be the holder of any Bond and such Purchaser or its nominee shall have given written notice to the Trustee requesting that the provisions of this Section 14.2 apply (such notice hereby given in Schedule A to this Agreement)Note, and notwithstanding anything contained in Section 14.1 or in such Bond Note to the contrary, the Company (or its agent or sub‑agent) will pay all sums becoming due on such Bond Note for principal, Make-Whole AmountPrepayment Premium, if any, interest and all other amounts becoming payable due hereunder by the method and at the address specified for such purpose below such Purchaser’s name in the Purchaser Schedule Aor, in the case of any Additional Purchaser, Schedule A attached to any Supplement to which such Additional Purchaser is a party or by such other method (reasonably acceptable to the Trustee) or at such other address as such Purchaser or Additional Purchaser shall have from time to time specified to the Trustee Company in writing for such purpose, without the presentation or surrender of such BondNote or the making of any notation thereon, except that upon written request of the Company made concurrently with or reasonably promptly after payment or prepayment in full of any Note, such Purchaser or Additional Purchaser shall surrender such Note for cancellation, reasonably promptly after any such request, to the Company at its principal executive office or at the place of payment most recently designated by the Company pursuant to Section 14.1. Each Purchaser hereby agrees that (i) before Prior to any sale or other transfer disposition of any Note held by such a Purchaser or its nominee of any Bond in respect of which any principal payments or prepayments have been made in the manner provided in this Section 14.2, such Additional Purchaser or its nominee, respectivelysuch Person will, will present at its election, either endorse thereon the amount of principal paid thereon and the last date to which interest has been paid thereon or surrender such Bond Note to the Trustee Company in exchange for a new Bond Note or Bonds and in a principal amount equal Notes of the same tranche pursuant to the unpaid principal amount of such Bond and (ii) promptly following payment in full of any Bond thereby, such Purchaser, its nominee or a subsequent Institutional Investor will promptly surrender such Bond to the Trustee for cancellationSection 13.2. The Company will afford the benefits of this Section 14.2 to any Institutional Investor that is the direct or indirect transferee of any Bond Note purchased by a Purchaser or Additional Purchaser under this Agreement or any Supplement and that has made the same agreement relating to such Bond Note as such Purchaser has the Purchasers have made in this Section 14.2. Upon receiving payment as specified above without the presentation or surrender of any Bond, such Purchaser, its nominee or a subsequent Institutional Investor shall be deemed to have agreed to indemnify the Trustee for, and to hold it harmless against, any loss, liability or expense incurred without gross negligence, willful misconduct or bad faith on its part, arising out of or in connection with such Purchaser’s, its nominee’s or such subsequent Institutional Investor’s failure to comply with the provisions of this Section 14.2, including the costs of defending itself in connection therewith, such indemnity to survive the payment of such Bond and any resignation or removal of the Trustee. Each holder of a Bond, by its acceptance of a Bond, will be deemed to have agreed to be bound by and to be entitled to the benefits of this Section 14.2 as though it were a party to this Blackrock Capital Investment Corporation Note Purchase Agreement.

Appears in 1 contract

Samples: Master Note Purchase Agreement (BlackRock Capital Investment Corp)

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