Payments to Holder Sample Clauses

Payments to Holder. The Company shall make payments hereunder to the Holder, at the address provided to the Company by the Holder in writing, in lawful money of the United States of America.
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Payments to Holder. (a) The Company and Holder each hereby agree that (i) the amount of the Conversion Obligation that Holder is entitled to receive under Section 4.5(a)(1) of the Indenture in respect of the conversion of the Holder Notes is an amount in cash for each $1,000 principal amount of the Holder Notes equal to (A) the Common Stock Merger Consideration (as defined in the Merger Agreement) multiplied by (B) the Conversion Rate (as defined in the Indenture) (which product as of the date hereof and based on the Common Stock Merger Consideration being $14.86 in cash per share of Common Stock and the Conversion Rate being 64.6517 shares of Common Stock for each $1,000 principal amount of the Notes, results in an amount of $960.72426 in cash for each $1,000 principal amount of the Holder Notes) (the “Conversion Obligation”), and (ii) the Holder is entitled to receive in cash the Make-Whole Premium as calculated under Section 5.2 of the Indenture in respect of the conversion of the Holder Notes (which as of the date hereof and based on the Common Stock Merger Consideration being $14.86 in cash per share of Common Stock, results in an amount of $144.10782 in cash for each $1,000 principal amount of the Holder Notes). Each of the Conversion Obligation and the Make-Whole Premium are subject to proportional increase or decrease, as the case may be, in the event of any increase or decrease of the Common Stock Merger Consideration.
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Payments to Holder. Tenant shall be entitled to rely upon any notice requesting that Tenant make all future rent payments to a Holder and Tenant shall not be liable to Landlord for any payment made to a Holder in accordance with such notice.
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Payments to Holder. (1) In the event that (i) an “Event of Default” as defined in the Senior Credit Facilities has occurred and is continuing or such an “Event of Default” would result as a result of such payment, prepayment or distribution or (ii) any default in the payment of principal of, premium, if any, or interest on or any other payment due has occurred and is continuing on or with respect to the Senior Indebtedness, then, unless and until such “Event of Default” or other default shall have been cured or waived, no payment, prepayment or distribution shall be made by or on behalf of any Obligor, and Holder shall not accept any payments made by or on behalf of any Obligor, with respect to the principal of, premium, if any, interest or any other payment due on or with respect to the Notes or any payment of claims for rescission relating to the transaction out of which the Notes arise.
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Related to Payments to Holder

  • Payments to Holders No payment shall be made with respect to the principal of, or premium, if any, or interest on the Securities (including, but not limited to, the redemption price with respect to the Securities to be called for redemption in accordance with Article III as provided in the Indenture), except payments and distributions made by the Trustee as permitted by the first or second paragraph of Section 12.5, if:

  • PAYMENTS TO OWNER Section 4.01 Remittances...................................................29 Section 4.02 Statements to Owner...........................................29 Section 4.03 Monthly Advances by Servicer..................................30 Section 4.04 Due Dates Other Than the First of the Month...................30 ARTICLE V

  • Payments to Company Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

  • PAYMENTS TO PURCHASER 52 ARTICLE VI....................................................................54

  • Payments to Beneficiary If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary designated in writing by the Executive, or if none is so designated, to the Executive’s estate.

  • Payments to Noteholders On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 2019-2 Notes.

  • Payments to Collection Account On or before the applicable Cut-Off Date, the Servicer shall have instructed all Obligors to make all payments in respect of the Collateral Portfolio directly to the Collection Account; provided that the Servicer is not required to so instruct any Obligor which is solely a guarantor or other surety (or an Obligor that is not designated as the “lead borrower” or another such similar term) unless and until the Servicer calls on the related guaranty or secondary obligation.

  • Payments to the Trustee Any amounts paid to the Trustee pursuant to this Article VIII shall be deemed not to be a part of the Trust Estate immediately after such payment. The Trustee shall also be entitled to interest on all fees and expenses that are due and unpaid for more than sixty (60) days after they have been billed to the party responsible for the payment of such amounts at a rate equal to the rate publicly announced by Wilmington Trust Company as its prime rate from time to time.

  • Payments to the Owner Section 4.1

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