Common use of Payments May Be Paid Prior to Dissolution Clause in Contracts

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer shall have actually received the written notice provided for in the second sentence of Section 10.02(a) or in Section 10.07 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03

Appears in 5 contracts

Samples: Indenture (Dyncorp), McMS Inc, Tokheim Corp

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Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer shall have actually received the written notice provided for in the second third sentence of Section 10.02(a) or in Section 10.07 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a), 10.02(b) and Section 10.03

Appears in 5 contracts

Samples: Indenture (Terex Corp), Indenture (Amida Industries Inc), Indenture (Terex Corp)

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by of the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, of and interest on, on the Notes to the Holders entitled thereto unless at least two one Business Days Day prior to the date upon which such payment would otherwise become due and payable a Trust Officer payable, the Trustee shall have actually received the written notice provided for in the second sentence of Section 10.02(a) or in Section 10.07 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03

Appears in 3 contracts

Samples: Landmark Theatre Corp, Tracor Inc /De, Info Usa

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten X or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 10.2 and 10.0310.3, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by of the Trustee that a given payment would be prohibited by Section 10.02 10.2 or 10.0310.3, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, of and interest on, on the Notes to the Holders entitled thereto thereto, unless at least two one Business Days Day prior to the date upon which such payment would otherwise become due and payable a Trust Officer payable, the Trustee shall have actually received the written notice provided for in the second sentence of Section 10.02(a10.2(a) or in Section 10.07 10.7 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a10.2(a) and Section 10.0310.3

Appears in 3 contracts

Samples: Supplemental Indenture (Everest One Ipa Inc), Supplemental Indenture (PSS Holding Inc), Hanger Orthopedic Group Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer shall have actually received the written notice provided for in the second sentence of Section 10.02(a) or in Section 10.07 (provided that, notwithstanding -------- the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03

Appears in 3 contracts

Samples: Registration Rights Agreement (Management Solutins Inc/), Management Solutins Inc/, Cambridge Industries Inc /De

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten Eleven or elsewhere in this Indenture shall prevent (i) the Companyany Guarantor, except under the conditions described in Sections 10.02 11.10 and 10.0311.11, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 11.10 or 10.0311.11, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, of and interest on, on the Notes to the Holders entitled thereto unless at least two one Business Days Day prior to the date upon which such payment would otherwise become due and payable a Trust Officer payable, the Trustee shall have actually received the written notice provided for in the second sentence of Section 10.02(a11.10(a) or in Section 10.07 11.15 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a11.10(a) and Section 10.0311.11

Appears in 2 contracts

Samples: Indenture (Carpenter W R North America Inc), Landmark Theatre Corp

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the NotesDebentures, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes Debentures to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer shall have actually received the written notice provided for in the second sentence of Section 10.02(a) or in Section 10.07 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03

Appears in 2 contracts

Samples: McMS Inc, MTL Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the NotesSecurities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes Securities to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer shall have actually received the written notice provided for in the second first sentence of Section 10.02(a10.02(b) or in Section 10.07 (provided that, --------- notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03

Appears in 2 contracts

Samples: Alliance Imaging of Michigan Inc, Alliance Imaging of Central Georgia Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments in respect of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer shall have actually received the written notice provided for in the second sentence of Section 10.02(a) or in Section 10.07 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03

Appears in 2 contracts

Samples: Supplemental Indenture (Del Monte Foods Co), Indenture (Del Monte Foods Co)

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten Twelve or elsewhere in this Indenture shall prevent (i) the Companya Guarantor, except under the conditions described in Sections 10.02 12.02 and 10.0312.03, from making payments at any time for the purpose of making payments in respect of principal of and interest on the Notesits Guarantee, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 12.02 or 10.0312.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments in respect of principal of, and interest on, the Notes to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer shall have actually received the written notice provided for in the second sentence of Section 10.02(a12.02(a) or in Section 10.07 12.07 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a12.02(a) and Section 10.0312.03

Appears in 2 contracts

Samples: Cambridge Industries Inc /De, Royal Oak Mines Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by of the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, of and interest on, on the Notes to the Holders entitled thereto unless at least two one Business Days Day prior to the date upon which such payment would otherwise become due and payable a Trust Officer payable, the Trustee shall have actually received the written notice provided for in the second sentence of Section 10.02(a) or in Section 10.07 (provided PROVIDED that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03

Appears in 2 contracts

Samples: Neff Corp, Federal Data Corp /Fa/

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten Twelve or elsewhere in this Indenture shall prevent (i) the Companyany Guarantor, except under the conditions described in Sections 10.02 12.02 and 10.0312.03, from making payments at any time for the purpose in respect of making payments of principal of and interest on the NotesGuarantee Obligations, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 12.02 or 10.0312.03, the the, application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes Guarantee Obligations to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer shall have actually received the written notice provided for in the second sentence of Section 10.02(a12.02(a) or in Section 10.07 12.07 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a12.02(a) and Section 10.0312.03

Appears in 2 contracts

Samples: Supplemental Indenture (Del Monte Foods Co), Indenture (Del Monte Foods Co)

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten X or elsewhere in this Sup- plemental Indenture shall prevent (i) the Company, except under the conditions condi- tions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Obligations owing under the Notes, or from depositing with the Trustee Trustee, any moneys monies for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 10.02, 10.03, 12.02 or 10.0312.03, the application by the Trustee of any moneys monies deposited with it by or on behalf of the Company for the purpose of making such payments of principal of, and interest on, the Obligations owing under the Notes to the Holders entitled thereto unless at least two one Business Days Day prior to the date upon which such payment would otherwise become due and payable a Trust Officer the Trustee shall have actually received the written notice provided for in Section 10.13 and in the second first sentence of Section 10.02(a10.02(b) or in the last sentence of this Section 10.07 10.04 (provided that, notwithstanding the foregoingforego- ing, the Holders receiving any payments made in contravention of Section 10.02 and/or 10.03 (and the respective such application payments) shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) 10.02 and Section 10.03

Appears in 1 contract

Samples: Hollywood Entertainment Corp

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten 12 or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 12.2 and 10.0312.3, from making payments at any time for the purpose purposes of making payments of principal of and interest on the NotesSecurities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by of the Trustee that a given payment would be prohibited by Section 10.02 12.2 or 10.0312.3, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, of and interest on, on the Notes Securities to the Holders entitled thereto unless at least two one Business Days Day prior to the date upon which such payment would otherwise become due and payable a Trust Officer payable, the Trustee shall have actually received the written notice provided for in the second sentence of Section 10.02(a12.2(a) or in Section 10.07 12.6 (provided PROVIDED that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03provisions

Appears in 1 contract

Samples: General Automation Inc/Il

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten 10 or elsewhere in this Indenture Agreement shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Obligations owing under the Notes, or from depositing with the Trustee Trustee, any moneys monies for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys monies deposited with it for the purpose of making such payments of principal of, and interest on, the Obligations owing under the Notes to the Holders entitled thereto unless at least two one Business Days Day prior to the date upon which such payment would otherwise become due and payable a Trust Officer the Trustee shall have actually received the written notice provided for in the second first sentence of Section 10.02(a10.02(b) or in Section 10.07 (provided that, notwithstanding the foregoing, the Holders receiving any payments made in contravention of Section 10.02 and/or 10.03 (and the respective such application payments) shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) 10.02 and Section 10.03

Appears in 1 contract

Samples: Indenture (Ameristar Casinos Inc)

Payments May Be Paid Prior to Dissolution. Nothing Subject to Sections 10.02(b) and 10.03(b), nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the CompanyIssuer, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of of, premium and interest on the NotesSecurities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or Section 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes Securities to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer payable, the Trustee shall have actually received the written notice provided for in clause (ii) of the second first sentence of Section 10.02(a) or in Section 10.07 (provided that, notwithstanding the foregoing, such application 10.07. The Issuer shall otherwise be subject give prompt written notice to the provisions Trustee of any dissolution, winding-up, liquidation or reorganization of the first sentence of Section 10.02(a) and Section 10.03Issuer.

Appears in 1 contract

Samples: Globe Manufacturing Corp

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten 10 or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 10.2 and 10.0310.3, from making payments at any time for the purpose purposes of making payments of principal of and interest on the NotesSecurities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by of the Trustee that a given payment would be prohibited by Section 10.02 10.2 or 10.0310.3, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, of and interest on, on the Notes Securities to the Holders entitled thereto unless at least two one Business Days Day prior to the date upon which such payment would otherwise become due and payable a Trust Officer payable, the Trustee shall have actually received the written notice provided for in the second sentence of Section 10.02(a10.2(a) or in Section 10.07 10.6 (provided PROVIDED that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a10.2(a) and Section 10.0310.3). The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Appears in 1 contract

Samples: General Automation Inc/Il

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten XII or elsewhere in this Indenture shall prevent (i) the Companyany Guarantor, except under the conditions described in Sections 10.02 12.2 and 10.0312.3, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 12.2 or 10.0312.3, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, of and interest on, on the Notes to the Holders entitled thereto thereto, unless at least two one Business Days Day prior to the date upon which such payment would otherwise become due and payable a Trust Officer payable, the Trustee shall have actually received the written notice provided for in the second sentence of Section 10.02(a12.2(a) or in Section 10.07 12.7 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03of

Appears in 1 contract

Samples: Hanger Orthopedic Group Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by of the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, of and interest on, on the Notes to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer payable, the Trustee shall have actually received the written notice provided for in the second sentence of Section 10.02(a) or in Section 10.07 (provided PROVIDED that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03

Appears in 1 contract

Samples: Outsourcing Services (Aerosol Services Co Inc)

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the NotesSecurities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes Securities to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Responsible Officer shall have actually received the written notice provided for in the second first sentence of Section 10.02(a10.02(b) or in Section 10.07 (provided -------- that, notwithstanding the foregoing, the Holders receiving any payments made in contravention of Section 10.02 and/or 10.03 (and the respec tive such application payments) shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) 10.02 and Section 10.03

Appears in 1 contract

Samples: Unilab Corp /De/

Payments May Be Paid Prior to Dissolution. Nothing Subject to Sections 10.02(b) and 10.03(b), nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the CompanyIssuer, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer payable, the Trustee shall have actually received the written notice provided for in the second sentence of Section 10.02(a) or in Section 10.07 (provided that, notwithstanding the foregoing, such application 10.07. The Issuer shall otherwise be subject give prompt written notice to the provisions Trustee of any dissolution, winding-up, liquidation or reorganization of the first sentence of Section 10.02(a) and Section 10.03Issuer.

Appears in 1 contract

Samples: Caterair International Inc /Ii/

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer corporate trust officer of the Trustee shall have actually received the written notice provided for in the second first sentence of Section 10.02(a10.02(b) or in Section 10.07 (provided PROVIDED that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03Holders

Appears in 1 contract

Samples: Indenture (National Vision Inc)

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Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer shall have actually received the written notice provided for in the second sentence of Section 10.02(a) or in Section 10.07 (provided -------- that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03

Appears in 1 contract

Samples: Dade International Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten Eleven or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 11.02 and 10.0311.03, from making payments at any time for the purpose of making payments of principal of and interest on the Obligations owing under the Notes, or from depositing with the Trustee any moneys monies for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 11.02 or 10.0311.03, the application by the Trustee of any moneys monies deposited with it for the purpose of making such payments of principal of, and interest on, the Obligations owing under the Notes to the Holders entitled thereto unless at least two one Business Days Day prior to the date upon which such payment would otherwise become due and payable a Trust Officer the Trustee shall have actually received the written notice provided for in the second sentence of Section 10.02(a11.13, Section 11.02(a)(2) or in the last sentence of this Section 10.07 11.04 (provided that, notwithstanding the foregoing, the Holders receiving any payments made in contravention of Sections 11.02 and/or 11.03 (and such application payments) shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) Sections 11.02 and Section 10.0311.03

Appears in 1 contract

Samples: Quintiles Transnational Corp

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the CompanyIssuer, except under the conditions described in Sections 10.02 10.2 and 10.0310.3, from making payments at any time for the purpose of making payments of principal of of, premium, if any, and interest on the NotesSecurities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 10.2 or 10.0310.3, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, premium, if any, and interest on, the Notes Securities to the Holders entitled thereto unless at least two one Business Days Day prior to the date upon which such payment would otherwise become due and payable a Trust Responsible Officer shall have actually received the written notice provided for in the second first sentence of Section 10.02(a10.2(b) or in Section 10.07 10.7 (provided PROVIDED that, notwithstanding the foregoing, the Holders receiving any payments made in contravention of Section 10.2 and/or 10.3 (and the respective such application payments) shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) 10.2 and Section 10.0310.3

Appears in 1 contract

Samples: Merger Agreement (Salt Holdings Corp)

Payments May Be Paid Prior to Dissolution. Nothing Subject to Sections 10.02(b) and 10.03(b), nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the CompanyIssuer, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the NotesSecurities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes Securities to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer payable, the Trustee shall have actually received the written notice provided for in clause (ii) of the second first sentence of Section 10.02(a) or in Section 10.07 (provided that, notwithstanding the foregoing, such application 10.07. The Issuer shall otherwise be subject give prompt written notice to the provisions Trustee of any dissolution, winding-up, liquidation or reorganization of the first sentence of Section 10.02(a) and Section 10.03Issuer.

Appears in 1 contract

Samples: Kilovac International Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the NotesSecurities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes Securities to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Responsible Officer shall have actually received the written notice provided for in the second first sentence of Section 10.02(a10.02(b) or in Section 10.07 (provided -------- that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03

Appears in 1 contract

Samples: MTL Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer shall have actually received the written notice provided for in the second sentence of Section 10.02(a) or in Section 10.07 10.08 (provided PROVIDED that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03

Appears in 1 contract

Samples: Indenture (Perry-Judds Inc)

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described set forth in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by of the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, of and interest on, on the Notes to the Holders entitled thereto unless at least two one Business Days Day prior to the date upon which such payment would otherwise become due and payable a Trust Officer payable, the Trustee shall have actually received the written notice provided for in the second sentence of Section 10.02(a) or in Section 10.07 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03

Appears in 1 contract

Samples: Koppers Industries Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the CompanyIssuers, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of of, premium, if any, and interest on the NotesSecurities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 10.2 or 10.0310.3, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, premium, if any, and interest on, the Notes Securities to the Holders entitled thereto unless at least two one Business Days Day prior to the date upon which such payment would otherwise become due and payable a Trust Responsible Officer shall have actually received the written notice provided for in the second first sentence of Section 10.02(a10.02(b) or in Section 10.07 (provided that, notwithstanding the foregoing, the Holders receiving any payments made in contravention of Section 10.02 and/or 10.03 (and the respective such application payments) shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) 10.02 and Section 10.03

Appears in 1 contract

Samples: Quality Distribution Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten Eleven or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 11.02 and 10.0311.03, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 11.02 or 10.0311.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer shall have actually received the written notice provided for in the second sentence of Section 10.02(a11.02(a) or in Section 10.07 11.07 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a11.02(a) and Section 10.0311.03

Appears in 1 contract

Samples: Sitel Corp

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten Eleven or elsewhere in this Indenture shall prevent (i) the Companyany Guarantor, except under the conditions described in Sections 10.02 10.02, 10.03, 11.08 and 10.0311.09, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 10.02, 10.03, 11.08 or 10.0311.09, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, of and interest on, on the Notes to the Holders entitled thereto unless at least two Business Days one Day prior to the date upon which such payment would otherwise become due and payable a Trust Officer payable, the Trustee shall have actually received the written notice provided for in the second sentence of Section 10.02(a), 10.07, 11.08(a) or in Section 10.07 11.09 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a), 11.08(a) and Section 10.0311.09

Appears in 1 contract

Samples: Indenture (Air Rental Supply Inc)

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten Eleven or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 11.02 and 10.0311.03, from making payments at any time for the purpose of making payments of principal of and interest on the Obligations owing under the Notes, or from depositing with the Trustee Trustee, any moneys monies for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 11.02 or 10.0311.03, the application by the Trustee of any moneys monies deposited with it for the purpose of making such payments of principal of, and interest on, the Obligations owing under the Notes to the Holders entitled thereto unless at least two one Business Days Day prior to the date upon which such payment would otherwise become due and payable a Trust Officer the Trustee shall have actually received the written notice provided for in Section 11.13, in the second first sentence of Section 10.02(a11.02(b) or in the last sentence of this Section 10.07 11.04 (provided that, notwithstanding the foregoing, the Holders receiving any payments made in contravention of Sections 11.02 and/or 11.03 (and such application payments) shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) Sections 11.02 and Section 10.0311.03

Appears in 1 contract

Samples: Indenture (Nm Licensing LLC)

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Notes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer shall have actually received the written notice provided for in the second sentence of Section 10.02(a) or in Section 10.07 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03of

Appears in 1 contract

Samples: Stuart Entertainment Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the NotesSecurities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Notes Securities to the Holders entitled thereto unless at least two Business Days prior to the date upon which such payment would otherwise become due and payable a Trust Officer shall have actually received the written notice provided for in the second first sentence of Section 10.02(a10.02(b) or in Section 10.07 (provided that, --------- notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03). The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Appears in 1 contract

Samples: Building One Services Corp

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