Common use of Assumption of the Securities Clause in Contracts

Assumption of the Securities. NationsBank (DE) hereby expressly assumes the due and punctual payment of the principal of (and premium, if any, on) and any interest on all the Securities, according to their tenor, and the due and punctual performance and observance of all of the covenants and conditions of the Indenture to be performed by NationsBank.

Appears in 6 contracts

Samples: Second Supplemental Indenture (Bankamerica Corp/De/), Second Supplemental Indenture (Bankamerica Corp/De/), Supplemental Indenture (Bankamerica Corp/De/)

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Assumption of the Securities. NationsBank (DE) hereby expressly assumes the due and punctual payment of the principal of (and premium, if any, on) and interest (including any interest Additional Interest) on all the Securities, according to their tenor, Securities and the due and punctual performance and observance of all of the covenants and conditions every covenant of the Indenture on the part of BankAmerica to be performed by NationsBankor observed.

Appears in 2 contracts

Samples: Junior Subordinated Indenture (Bankamerica Corp/De/), Junior Subordinated Indenture (Bankamerica Corp/De/)

Assumption of the Securities. NationsBank (DE) hereby expressly assumes the due and punctual payment of the principal of (and premium, if any, on) and any interest (including all additional amounts, if any, payable pursuant to Section 1006) on all the Securities, according to their tenor, Securities and any related coupons and the due and punctual performance and observance of all of the covenants and conditions every covenant of the Indenture on the part of BankAmerica to be performed by NationsBankor observed.

Appears in 2 contracts

Samples: Indenture (Bankamerica Corp/De/), Indenture (Bankamerica Corp/De/)

Assumption of the Securities. NationsBank (DE) hereby expressly assumes the due and punctual payment of the principal of (and premium, if any, on) and interest (including all additional amounts, if any, payable pursuant to Section 1006) on the Securities and any interest on all the Securities, according to their tenor, related coupons and the due and punctual performance and observance of all of the covenants and conditions every covenant of the Indenture on the part of BankAmerica to be performed by NationsBankor observed.

Appears in 1 contract

Samples: Indenture (Bankamerica Corp/De/)

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Assumption of the Securities. NationsBank (DE) hereby expressly assumes the due and punctual payment of the principal of (and of, premium, if any, on) and any interest on all of the SecuritiesSecurities of all series in accordance with the terms of each series, according to their tenor, tenor and the due and punctual performance and observance of all of the covenants and conditions of the Indenture to be performed by NationsBank.

Appears in 1 contract

Samples: Supplemental Indenture (Bankamerica Corp/De/)

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