Common use of Payments May Be Clause in Contracts

Payments May Be. Paid Prior to Dissolution ----------------------------------------- Nothing contained in this Section 8 or elsewhere in this Agreement shall prevent or delay (i) the Company, except under the conditions described in Section 8.2, from making payments at any time for the purpose of making payments in respect of its Obligations, or from depositing with the Agent any moneys for such payments, or (ii) subject to Section 8.2, the application by the Agent of any moneys deposited with it for the purpose of making payments in respect of Obligations.

Appears in 1 contract

Samples: Credit Agreement (T Sf Communications Corp)

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Payments May Be. Paid Prior to Dissolution ----------------------------------------- Nothing contained in this Section 8 11 or elsewhere in this Agreement shall prevent or delay (i) the CompanyGuarantors, except under the conditions described in Section 8.211.2, from making payments at any time for the purpose of making payments in respect of its their respective Guarantee Obligations, or from depositing with the Agent any moneys for such payments, or (ii) subject to Section 8.211.2, the application by the Agent of any moneys deposited with it for the purpose of making payments in respect of Guarantee Obligations.

Appears in 1 contract

Samples: Credit Agreement (BGF Industries Inc)

Payments May Be. Paid Prior to Dissolution ----------------------------------------- Nothing contained in this Section 8 or elsewhere in this Agreement shall prevent or delay (i) the CompanyBorrower, except under the conditions described in Section 8.2, from making payments at any time for the purpose of making payments in respect of its Obligations, or from depositing with the Agent any moneys for such payments, or (ii) subject to Section 8.2, the application by the Agent of any moneys deposited with it for the purpose of making payments in respect of Obligations.

Appears in 1 contract

Samples: Credit Agreement (BGF Industries Inc)

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Payments May Be. Paid Prior to Dissolution ----------------------------------------- Nothing contained in this Section 8 or elsewhere in this Agreement shall prevent or delay (i) the CompanyBorrowers, except under the conditions described in Section 8.2, from making payments at any time for the purpose of making payments in respect of its Obligations, or from depositing with the Agent Agents any moneys for such payments, or (ii) subject to Section 8.2, the application by the Agent Agents of any moneys deposited with it for the purpose of making payments in respect of Obligations.

Appears in 1 contract

Samples: Credit Agreement (Advanced Glassfiber Yarus LLC)

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