Common use of Interest Coverage Clause in Contracts

Interest Coverage. The interest payable by the Policy Provider under the Policy shall include interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding.

Appears in 5 contracts

Samples: Intercreditor Agreement (Continental Airlines Inc /De/), Trust Indenture (Aircastle LTD), Trust Indenture (Aircastle LTD)

AutoNDA by SimpleDocs

Interest Coverage. The interest payable by the Policy Provider under the Policy shall include interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding. The interest payable by the Policy Provider under the Policy shall not include any Redemption Premium on the Notes.

Appears in 4 contracts

Samples: Trust Indenture (Aircastle LTD), Trust Indenture (Babcock & Brown Air LTD), Trust Indenture (Genesis Lease LTD)

AutoNDA by SimpleDocs

Interest Coverage. The interest payable by the a Policy Provider under the its applicable Policy or Policies shall include interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding.

Appears in 1 contract

Samples: Intercreditor Agreement (Jetblue Airways Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!