Common use of Payment of Securities Clause in Contracts

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 47 contracts

Samples: Supplemental Indenture (ARKO Corp.), Indenture (Murphy USA Inc.), Indenture (New Home Co Inc.)

AutoNDA by SimpleDocs

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at due and the rate specified therefor in Trustee or the SecuritiesPaying Agent, and it shall pay interest on overdue installments of interest at as the same rate case may be, is not prohibited from paying such money to the extent lawfulSecurityholders on that date pursuant to the terms of this Indenture.

Appears in 6 contracts

Samples: Video Satellite (Tv Guide Inc), Indenture (Amtrol Inc /Ri/), Indenture (Columbia Gas System Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities. An installment of principal of or interest on the Securities and in this Indenture. Principal and interest shall be considered paid on the date it is due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture on that date money designated for and sufficient to pay all principal and interest then duethe installment. The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and ; it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 5 contracts

Samples: Circus Circus Enterprises Inc, Circus Finance Ii, Circus Finance Ii

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate per annum specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate borne by the Securities, to the extent lawful.

Appears in 5 contracts

Samples: Indenture (Rite Aid Corp), Tia Indenture (Rite Aid Corp), Rite Aid Corp

Payment of Securities. (a) The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the a Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 5 contracts

Samples: Indenture (Cencosud S.A.), Indenture (Cencosud S.A.), Indenture (Cencosud S.A.)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal princi pal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 4 contracts

Samples: Indenture (Lenfest Communications Inc), Navigator Gas Iom I-E LTD, Navigator Gas Iom I-E LTD

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the same rate specified therefor in borne by the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 3 contracts

Samples: Supplemental Indenture (Riverwood Holding Inc), Supplemental Indenture (Riverwood Holding Inc), Ric Holding Inc

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at 1% per annum in excess of the rate specified therefor per annum set forth in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 3 contracts

Samples: Supplemental Indenture (MSX International Business Services Inc), BMG North America LTD, Oxford Automotive Inc

Payment of Securities. The Company shall promptly pay the principal make all payments in respect of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and An installment of principal or interest shall be considered paid on the date it is due if on such date the Trustee or the Paying Agent (other than the Company) holds in accordance with this Indenture money on that date money, deposited by the Company or an Affiliate thereof, sufficient to pay all principal and interest then duethe installment. The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and Securities per annum; it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 3 contracts

Samples: Indenture (Family Golf Centers Inc), Boston Chicken Inc, Einstein Noah Bagel Corp

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money immediately available funds sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 3 contracts

Samples: Indenture (General Maritime Corp / MI), Hallandale Commercial Corp., Indenture (Up Offshore (Holdings) Ltd.)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this IndentureSecurities. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture on that date money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and it . The Company shall pay interest on overdue installments of interest at the same rate to the extent lawfulnot prohibited by applicable statute or case law.

Appears in 3 contracts

Samples: Indenture (Continental Homes Holding Corp), Covenants (Pembroke Falls Realty Trust), Indenture (Continental Homes Holding Corp)

Payment of Securities. The Company shall promptly pay the principal make all payments in respect of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and An installment of principal or interest shall be considered paid on the date it is due if on such date the Trustee or the Paying Agent (other than the Company or an Affiliate of the Company) holds in accordance with this Indenture on that date money designated for and sufficient to pay all principal and interest then duethe installment. The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and Securities per annum; it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 3 contracts

Samples: Birner Dental Management Services Inc, Birner Dental Management Services Inc, Sterling Software Inc

Payment of Securities. The Company shall promptly pay the principal of and interest interest, if any, on the each Series of Securities on the dates and in the manner provided in the such Series of Securities and in this Indenture. Principal and interest interest, if any, shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest interest, if any, then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 2 contracts

Samples: Indenture (Goodyear Tire & Rubber Co /Oh/), Indenture (Goodyear Export Inc.)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this IndentureSecurities. Principal and An installment of principal or interest shall be considered paid on the date it is due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture on that date money designated for and sufficient to pay all principal and interest then duethe installment. The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and ; it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 2 contracts

Samples: Indenture (Thorn Apple Valley Inc), Indenture (Thorn Apple Valley Inc)

Payment of Securities. The Company shall promptly pay the principal Principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal Principal and interest then due. The Company shall pay interest on overdue principal Principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 2 contracts

Samples: Indenture (Revlon Inc /De/), Indenture (Revlon Consumer Products Corp)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities in Dollars on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 2 contracts

Samples: Indenture (Axtel Sab De Cv), Indenture (Installations & Hirings LTD)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate borne by the Securities to the extent lawful.

Appears in 2 contracts

Samples: US Oncology Holdings, Inc., Sovereign Bancorp Inc

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Magnum Hunter Resources Corp)

Payment of Securities. The Company shall promptly pay the principal Principal of and interest interest, if any, on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal Principal and interest then due. The Company shall pay interest on overdue principal Principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Revlon Worldwide Parent Corp)

Payment of Securities. The Company shall promptly pay or cause to be paid the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the same rate specified therefor per annum set forth in the Securities, and it shall pay interest on overdue installments of interest at the same such rate to the extent lawful.

Appears in 1 contract

Samples: Hollywood Entertainment Corp

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this IndentureSecurities. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture on that date money designated for and sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and ; it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Rights Agreement

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and An installment of principal or interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money by 12:00 Noon on such date immediately available funds designated for and sufficient to pay all principal and interest then duesuch installment. The Company shall pay interest on overdue principal and (to the extent permitted by law) on overdue installments of interest at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Credit Agreement (Republic Engineered Steels Inc)

Payment of Securities. The Company shall will promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall will be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall will pay interest on overdue principal at 1% per annum in excess of the rate specified therefor per annum set forth in the Securities, and it shall will pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: General Automation Inc/Il

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor therefore in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Tyson Foods Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal princi pal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Hyster Overseas Capital Corp LLC

AutoNDA by SimpleDocs

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then duedue in the Bond Payment Fund. The Company shall pay interest on overdue principal at the same rate specified as therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Hgu Investments Inc

Payment of Securities. The Company shall promptly pay principal and the principal of premium and interest interest, if any, on the Securities on the dates and in the manner provided in the Securities and in this IndentureSecurities. Principal and interest An installment of principal, or premium or interest, if any, on a Security shall be considered paid on the date it is due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture on that date money designated for and sufficient to pay all principal and interest then duethe same. The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and ; it shall pay interest on overdue installments of interest premium and interest, if any, at the same rate to the extent lawful.

Appears in 1 contract

Samples: Texaco Inc

Payment of Securities. The Company shall promptly pay --------------------- the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Morrison Knudsen Corp//

Payment of Securities. The Company shall --------------------- promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Seacor Smit Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful. SECTION 4.02.

Appears in 1 contract

Samples: Murphy USA Inc.

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this IndentureSecurities. Principal and An installment of principal or interest shall be considered paid on the date it is due if on such date the Trustee or the Paying Agent holds such installment in accordance with this Indenture money sufficient to pay all principal and interest then immediately available funds at 9:00 A.M. on the date such installment is due. The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and ; it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Leucadia National Corp)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and An installment of principal or interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money on such date immediately available funds designated for and sufficient to pay all principal and interest then duesuch installment. The Company shall pay interest on overdue principal at and (to the rate specified therefor in the Securities, and it shall pay interest extent permitted by law) on overdue installments of interest at the same a rate equal to the extent lawful.11% per --- annum. -----

Appears in 1 contract

Samples: Pledge and Security Agreement (Continental Caribbean Containers Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on 52 the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal of and interest on the Securities shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all such principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Citgo Petroleum Corp

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this IndentureSecurities. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds on that date in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and it . The Company shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Titan Corp

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.. 40 34

Appears in 1 contract

Samples: Phoenix Racing Inc

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent (other than the Company) holds in accordance with this Indenture money in immediately available funds sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Transatlantic Petroleum Ltd.)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if as of 1:00 p.m. Eastern Time on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Goodyear Tire & Rubber Co /Oh/

Payment of Securities. The Company shall ------------------------ promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate borne by the Securities to the extent lawful.

Appears in 1 contract

Samples: Levi Strauss & Co

Payment of Securities. The Company shall promptly pay the --------------------- principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate borne by the Securities to the extent lawful.

Appears in 1 contract

Samples: Indenture (Levi Strauss & Co)

Payment of Securities. The Company shall ----------------------- promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate borne by the Securities to the extent lawful.

Appears in 1 contract

Samples: Levi Strauss & Co

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