Examples of Interest Obligations in a sentence
Except for Policy Provider Interest Obligations, no interest shall accrue on any Policy Drawing or any other payment made by the Policy Provider.
The Senior Agent (and, in the event that the Senior Agent shall fail to file a proof of claim relating to the Interest Obligations within five days of the date required to be filed, the Senior Indenture Trustee) may in the name of the Noteholders or otherwise file, prove and vote in any such proceedings with respect to any and all claims of the Noteholders relating to the Interest Obligations.
The Corporation will at all times reserve and keep available out of its authorized Shares, the maximum aggregate number of Freely Tradeable Shares potentially issuable for the purpose of payment of all Interest Obligations due hereunder on all Interest Payment Dates.
The Company’s contractual obligations for future payments are summarized as follows: Year Minimum Lease Obligations $ Debenture Principal and Interest Obligations $ (1) Total Contractual Obligations $ (1)The obligation is denominated in CAD$.
Prior to the Fall Away Event and the Redemption, the Company was obligated to pay 100% of the total amount of the Interest Obligations and Maturity Obligations (as those are required to be paid under the Bond Indenture), together with all expense relating to the Bonds to the extent of the Company’s cash and cash equivalents, except for Permitted Working Capital.