Common use of Alternate Payment Provisions Clause in Contracts

Alternate Payment Provisions. Notwithstanding any provision of this Indenture or of any of the Bonds to the contrary, the Issuer may enter into any agreement with the relevant paying agent and any Bondholder providing for a method of payment by such paying agent to such Holder that is different from the methods provided for in this Indenture for such payment. The Issuer will furnish to the paying agent a copy of each such agreement and the paying agent will cause payments to be made in accordance with such agreements. Such agreements, however, shall not be binding upon any successor paying agent without the prior written consent of such successor paying agent.

Appears in 4 contracts

Samples: Warren Resources (Warren Resources Inc), Warren Resources (Warren Resources Inc), Indenture (Warren Resources Inc)

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