Covenant to Repay Sample Clauses

Covenant to Repay. The Current Issuer covenants with the Note Trustee that it will, in accordance with these presents, on the Final Maturity Date of the Current Issuer Notes, or on such earlier date as the same or any part thereof may become due and repayable thereunder in accordance with the Current Issuer Conditions, pay or procure to be paid unconditionally to or to the order of the Note Trustee in Sterling, Euro or US dollars, as applicable, in London or New York City, as applicable, in immediately available funds or same day funds, as applicable, the principal amount of the Current Issuer Notes repayable on that date and shall in the meantime and until all such payments (both before and after any judgment or other order of a court of competent jurisdiction) are duly made (subject to the provisions of the Current Issuer Conditions) pay or procure to be paid unconditionally to or to the order of the Note Trustee as aforesaid interest (which shall accrue from day to day) on the Principal Amount Outstanding of the Current Issuer Notes at the rates set out in or (as the case may be) calculated from time to time in accordance with Condition 4 (Interest) and on the dates on which such interest becomes due and payable in accordance with the Current Issuer Conditions provided that: (a) every payment of principal or interest in respect of the Current Issuer Notes or any of them to or to the account of the Paying Agents in the manner provided in the Current Issuer Paying Agent and Agent Bank Agreement shall operate in satisfaction pro tanto of the relative covenant by the Current Issuer in this Clause except to the extent that there is default in the subsequent payment thereof to the Noteholders in accordance with the Current Issuer Conditions; (b) if any payment of principal or interest in respect of the Current Issuer Notes or any of them is made after the due date, payment shall be deemed not to have been made until either the full amount is paid to the Noteholders or, if earlier, the seventh day after notice has been given to the Noteholders in accordance with the Current Issuer Conditions that the full amount has been received by the Note Trustee or the Paying Agents, to the extent that there is a failure in the subsequent payment to Noteholders under the Current Issuer Conditions; (c) in any case where payment of the whole or any part of the principal amount of any Current Issuer Note is improperly withheld or refused upon due presentation thereof (if so provided in the Curr...
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Covenant to Repay. (a) The Trustee covenants with the Note Trustee that the Trustee will, in accordance with the terms of any US$ Notes (including the Conditions) and the Transaction Documents (and subject to the terms of the Transaction Documents and the Conditions, including clause 29 of this Deed and Condition 6) at the direction of the Manager on: (i) the Maturity Date of the US$ Notes; or (ii) each earlier date as those US$ Notes, or any of them, may become repayable (whether in full or in part), pay or procure to be paid unconditionally in accordance with this deed to or to the order of the Note Trustee in US$ in London for immediate value the principal amount of those US$ Notes repayable, or in the case of a partial payment of those US$ Notes, the principal amount payable, subject to and in accordance with the terms of those US$ Notes (including the Conditions). (b) Subject to clause 2.3 and to the terms of the US$ Notes (including the Conditions and in particular Condition 6) and the Transaction Documents (including clause 29), until any payment as well after as before any judgment or other order of a court of competent jurisdiction the Trustee shall, at the direction of the Manager, pay or procure to be paid unconditionally in accordance with this deed to or to the order of the Note Trustee: (i) any interest, at the respective rates calculated from time to time, in accordance with and on the dates provided for in the Conditions; and -------------------------------------------------------------------------------- PAGE 7 NOTE TRUST DEED XXXXX XXXXX & XXXXXXX -------------------------------------------------------------------------------- (ii) principal payable at the times and in the amounts as may be determined in accordance with Condition 5. (c) The Note Trustee shall hold the benefit of the covenant in this clause 2.2, and all other rights of the US$ Noteholders under the US$ Notes, on trust for the benefit of the US$ Noteholders.
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Covenant to Repay. The Issuer covenants with the Note Trustee that it shall, as and when the Notes of any Series or any of them become due to be redeemed or any principal on the Notes of any Series or any of them becomes due to be repaid in accordance with the Conditions, unconditionally pay or procure to be paid to or to the order of the Note Trustee in immediately available freely transferable funds in the relevant currency the principal amount of the Notes of such Series or any of them becoming due for payment on that date and shall (subject to the provisions of the Conditions and except in the case of Zero Coupon Notes), until all such payments (both before and after judgment or other order) are duly made, unconditionally pay or procure to be paid to or to the order of the Note Trustee as aforesaid on the dates provided for in the Conditions interest on the Principal Amount Outstanding of the Notes or any of them of such Series outstanding from time to time as set out in the Conditions (subject to Clause 3.3 (Interest following Issuer Event of Default))
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Covenant to Repay. (a) The Issuer covenants that the Issuer will, in accordance with the terms of any Class A Offered Notes (including the Conditions) and the Transaction Documents (and subject to the terms of the Transaction Documents and Note Trust Deed SMHL Global Fund [ ]-[ ] the Conditions, including, without limitation, clauses 19 and 45 of this deed and Condition 5) at the direction of the Manager on: (1) the Final Maturity Date of the Class A Offered Notes; or (2) each earlier date as those Class A Offered Notes, or any of them, may become repayable (whether in full or in part), pay, or procure to be paid, unconditionally in accordance with this deed to, or to the order of, the Note Trustee in the Relevant Class A Currency in New York (in the case of the Class A[ ] Notes) [or London (in the case of the Class A[ ] Notes)], for immediate value the principal amount of those Class A Offered Notes repayable, or in the case of a partial payment of those Class A Offered Notes, the principal amount payable, subject to and in accordance with the terms of those Class A Offered Notes (including the Conditions). (b) Subject to clause 2.3 and to the terms of the Class A Offered Notes (including the Conditions and in particular Condition 6 of the Notes) and the Transaction Documents (including clauses 19 and 45 of this deed and Condition 5), until any payment as well after as before any judgment or other order of a court of competent jurisdiction, the Issuer shall, at the direction of the Manager, duly and punctually pay or procure to be paid unconditionally in accordance with this deed to or to the order of the Note Trustee any interest, at the respective rates and calculated in accordance with and payable on the dates provided for in the Conditions.
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Covenant to Repay. In pursuance of this Mortgage and in consideration of the premises, the Mortgagor hereby covenants with the Bank as follows:
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Covenant to Repay 
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Related to Covenant to Repay

  • Covenant to Deliver Borrower agrees to deliver to Bank each item required to be delivered to Bank under this Agreement as a condition precedent to any Credit Extension. Borrower expressly agrees that a Credit Extension made prior to the receipt by Bank of any such item shall not constitute a waiver by Bank of Borrower’s obligation to deliver such item, and the making of any Credit Extension in the absence of a required item shall be in Bank’s sole discretion.

  • Covenant to Pay The Chargor must pay or discharge the Secured Liabilities in the manner provided for in the Finance Documents.

  • Covenant to Comply with Applicable Laws Upon Repurchase of Notes In connection with any repurchase offer, the Company will, if required: (a) comply with the provisions of Rule 13e-4, Rule 14e-1 and any other tender offer rules under the Exchange Act; (b) file a Schedule TO or any other required schedule under the Exchange Act; and (c) otherwise comply with all federal and state securities laws in connection with any offer by the Company to repurchase the Notes; in each case, so as to permit the rights and obligations under this Article 15 to be exercised in the time and in the manner specified in this Article 15.

  • Covenants Etc Buyer shall have substantially performed and complied with each and every covenant, agreement and condition required by this Agreement to be performed or complied with by it prior to, or at, the Closing Date.

  • Covenant to Secure Notes Equally The Company covenants that, if it or any Subsidiary shall create or assume any Lien upon any of its property or assets, whether now owned or hereafter acquired, other than Liens permitted by the provisions of paragraph 6B(1) (unless the prior written consent to the creation or assumption thereof shall have been obtained pursuant to paragraph 11C), it will make or cause to be made effective provision whereby the Notes will be secured by such Lien equally and ratably with any and all other Debt thereby secured so long as any such other Debt shall be so secured.

  • COVENANTS OF LESSEE Lessee hereby covenants and agrees with Lessor as follows:

  • Certain Negative Covenants So long as any Recovery Bonds are Outstanding, the Issuer shall not: (a) except as expressly permitted by this Indenture and the other Basic Documents, sell, transfer, exchange or otherwise dispose of any of the properties or assets of the Issuer, including those included in the Recovery Bond Collateral, unless directed to do so by the Indenture Trustee in accordance with Article V; (b) claim any credit on, or make any deduction from the principal or premium, if any, or interest payable in respect of, the Recovery Bonds (other than amounts properly withheld from such payments under the Code or other tax laws) or assert any claim against any present or former Holder by reason of the payment of the taxes levied or assessed upon any part of the Recovery Bond Collateral; (c) terminate its existence or dissolve or liquidate in whole or in part, except in a transaction permitted by Section 3.10; (i) permit the validity or effectiveness of this Indenture or the other Basic Documents to be impaired, or permit the Lien of this Indenture and the Series Supplement to be amended, hypothecated, subordinated, terminated or discharged, or permit any Person to be released from any covenants or obligations with respect to the Recovery Bonds under this Indenture except as may be expressly permitted hereby, (ii) permit any Lien (other than the Lien of this Indenture or of the Series Supplement) to be created on or extend to or otherwise arise upon or burden the Recovery Bond Collateral or any part thereof or any interest therein or the proceeds thereof (other than tax liens arising by operation of law with respect to amounts not yet due), or (iii) permit the Lien of this Indenture or of the Series Supplement not to constitute a valid first priority perfected security interest in the Recovery Bond Collateral; (e) elect to be classified as an association taxable as a corporation for federal income tax purposes or otherwise take any action, file any tax return, or make any election inconsistent with the treatment of the Issuer, for purposes of federal taxes and, to the extent consistent with applicable State tax law, State income and franchise tax purposes, as a disregarded entity that is not separate from the sole owner of the Issuer; (f) change its name, identity or structure or the location of its chief executive office, unless at least ten (10) Business Days’ prior to the effective date of any such change the Issuer delivers to the Indenture Trustee (with copies to the Rating Agencies) such documents, instruments or agreements, executed by the Issuer, as are necessary to reflect such change and to continue the perfection of the security interest of this Indenture and the Series Supplement; (g) take any action which is subject to a Rating Agency Condition without satisfying the Rating Agency Condition; (h) except to the extent permitted by applicable law, voluntarily suspend or terminate its filing obligations with the SEC as described in Section 3.07(g); or (i) issue any recovery bonds under the Wildfire Financing Law or any similar law (other than the Recovery Bonds).

  • COVENANTS OF ICANN ICANN covenants and agrees with Registry Operator as follows:

  • Covenant of Further Assurances The Funds and BNY Mellon covenant and agree that, subsequent to the execution and delivery of this Agreement and, without any additional consideration, each of the Funds and BNY Mellon shall execute and deliver any further legal instruments and perform any acts that may be reasonably required to confirm and effectuate the validity and enforceability of this Agreement.

  • Covenant to Vote (a) Each Principal Stockholder irrevocably and unconditionally agrees that, during the period commencing on the date hereof and continuing until the termination of this Agreement in accordance with Section 12 hereof: (i) at any meeting (whether annual or special and whether or not an adjourned or postponed meeting) of the holders of Seller Common Stock held during the term of this Agreement called to vote upon the Transaction, however called, such Principal Stockholder will, provided that such Principal Stockholder has received written notice from Purchaser within a reasonable period of time prior to any such meeting that Purchaser is unable to vote the Owned Shares subject to the irrevocable proxy set forth in Section 4 herein (the “Proxy”) at the meeting, appear at the meeting or otherwise cause the Owned Shares to be counted as present thereat for purposes of establishing a quorum and vote or consent (or cause to be voted or consented) the Owned Shares in favor of the Transaction; (ii) such Principal Stockholder will execute and deliver (or cause to be executed and delivered) any written consent in favor of the Transaction with respect to all of the Owned Shares; and (iii) such Principal Stockholder will not vote, or cause to be voted, any Owned Shares (or otherwise provide a proxy or consent or enter into another voting agreement with respect thereto) in favor of any other Alternative Proposal, nor vote the Owned Shares at a meeting of the holders of Seller Common Stock nor execute any written consent in lieu of a meeting of holders of Seller Common Stock if such vote or consent by the holders of Seller Common Stock would be inconsistent with or frustrate the purposes of the other agreements of such Principal Stockholder pursuant to the Asset Purchase Agreement or this Agreement. (b) For purposes of clarity, each Principal Stockholder acknowledges that the covenant set forth in Section 3(a) applies even if the Board of Directors of Seller withdraws, modifies or qualifies in a manner adverse to Purchaser its recommendation regarding the Asset Purchase Agreement or the Transaction. (c) Each Principal Stockholder hereby revokes any and all previous proxies with respect to such Principal Stockholder’s Owned Shares.

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