Method of Payment to Holders Sample Clauses

Method of Payment to Holders. The principal of, Yield Protection Amount, Breakage Amount and any Make-Whole Amount and interest on, each Note and all other amounts payable to the holders of the Notes pursuant to this Indenture will be payable at the office of the Trustee which has been designated as the agency of the Issuer in Section 7.9, in United States dollars in immediately available funds, prior to 9:00 a.m. Central time, on the due date thereof. Notwithstanding the foregoing or any provision in any Note to the contrary, the Trustee will pay, if so requested in writing by a holder of an Outstanding Note, all amounts payable by the Trustee hereunder to such holder, by wire transfer of immediately available funds to an account maintained by such holder with any other bank located in the United States. The Trustee acknowledges that the payment instructions given in Schedule A to the Note Purchase Agreements constitute the written notice required by the preceding sentence to make all payments on the Notes as provided therein. The Trustee shall institute the transfer of such funds prior to 11:00 a.m. Central time on such due date in accordance with this section if it has received funds prior to 9:00 a.m.
Sample 1
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Method of Payment to Holders. The principal of, Yield Protection Amount, Breakage Amount and any Make-Whole Amount and interest on, each Note and all other amounts payable to the holders of the Notes pursuant to this Indenture will be payable at the office of the Trustee which has been designated as the agency of the Issuer in Section 7.9, in United States dollars in immediately available funds, prior to 9:00 a.m. Central time, on the due date thereof. Notwithstanding the foregoing or any provision in any Note to the contrary, the Trustee will pay, if so requested in writing by a holder of an Outstanding Note, all amounts payable by the Trustee hereunder to such holder, by wire transfer of immediately available funds to an account maintained by such holder with any other bank located in the United States. The Trustee acknowledges that the payment instructions given in Schedule A to the Note Purchase Agreements constitute the written
Sample 1
Method of Payment to Holders. The principal of, and Yield Protection Amount, Special Yield Protection Amount, any Make-Whole Amount and/or Breakage Amount and interest on, each Note and all other amounts payable to the holders of the Notes pursuant to this Indenture will be payable at the office of the Trustee, which has been designated as the agency of the Issuer in Section 8.8, in United States dollars in immediately available funds, prior to 9:00 a.m. Central time, on the due date thereof. Notwithstanding the foregoing or any provision in any Note to the contrary, the Trustee will pay, if so requested in writing by a holder of an Outstanding Note, all amounts payable by the Trustee hereunder to such holder, by wire transfer of immediately available funds to an account maintained by such holder with any other bank located in the United States. The Trustee acknowledges that the payment instructions given in Schedule A to the Note Purchase Agreements constitute the written notice required by the preceding sentence to make all payments on the Notes as provided therein. The Trustee shall institute the transfer of such funds prior to 11:00 a.m. Central time on such due date in accordance with this section if it has received funds prior to 9:00 a.m.
Sample 1

Related to Method of Payment to Holders

  • Method of Payment Payment of the aggregate Exercise Price shall be by any of the following, or a combination thereof, at the election of the Optionee:

  • Method of Payments Any amount due under this Guarantee shall be paid:

  • Method of Payment of Purchase Price No later than 12:00 p.m. Eastern time on the Closing Date, Purchaser shall deposit with Escrow Agent the Purchase Price (less the Xxxxxxx Money Deposit), together with all other costs and amounts to be adjusted, pro-rated or paid by Purchaser at the Closing pursuant to the terms of this Agreement ("Purchaser's Costs"), by Federal Reserve wire transfer of immediately available funds to the account of Escrow Agent. Escrow Agent, following authorization by the parties at Closing, shall (i) pay to Seller by Federal Reserve wire transfer of immediately available funds to an account designated by Seller, the Purchase Price, subject to any costs or other amounts to be adjusted, pro-rated or paid by Seller at Closing pursuant to the terms of this Agreement, (ii) pay to the appropriate payees out of the proceeds of Closing payable to Seller all costs and amounts to be paid by Seller at Closing pursuant to the terms of this Agreement, and (iii) pay Purchaser's Costs to the appropriate payees at Closing pursuant to the terms of this Agreement. ARTICLE IV

  • METHOD OF PAYMENT OF ACCRUED BENEFIT The Advisory Committee will apply Section 6.02 of the Plan with the following modifications: (Choose (a) or at least one of (b), (c), (d) and (e))

  • Time and Method of Payment Except as otherwise provided in Section 4.02, all amounts payable to any Funding Agent or Investor hereunder or with respect to the Series 2020-1 Class A-1 Advance Notes shall be made to the Administrative Agent for the benefit of the applicable Person, by wire transfer of immediately available funds in Dollars not later than 1:00 p.m. (New York City time) on the date due. The Administrative Agent will promptly, and in any event by 5:00 p.m. (New York City time) on the same Business Day as its receipt or deemed receipt of the same, distribute to the applicable Funding Agent for the benefit of the applicable Person, or upon the order of the applicable Funding Agent for the benefit of the applicable Person, its pro rata share (or other applicable share as provided herein) of such payment by wire transfer in like funds as received. Except as otherwise provided in Section 2.07 and Section 4.02, all amounts payable to the Swingline Lender or the L/C Provider hereunder or with respect to the Swingline Loans and L/C Obligations shall be made to or upon the order of the Swingline Lender or the L/C Provider, respectively, by wire transfer of immediately available funds in Dollars not later than 1:00 p.m. (New York City time) on the date due. Any funds received after that time will be deemed to have been received on the next Business Day. The Issuer’s obligations hereunder in respect of any amounts payable to any Investor shall be discharged to the extent funds are disbursed by the Issuer to the Administrative Agent as provided herein or by the Trustee or Paying Agent in accordance with Section 4.02 whether or not such funds are properly applied by the Administrative Agent or by the Trustee or Paying Agent. The Administrative Agent’s obligations hereunder in respect of any amounts payable to any Investor shall be discharged to the extent funds are disbursed by the Administrative Agent to the applicable Funding Agent as provided herein whether or not such funds are properly applied by such Funding Agent.

  • Method of Distribution (a) All distributions with respect to each Class of Certificates on each Distribution Date shall be made pro rata among the outstanding Certificates of such Class, based on the Percentage Interest in such Class represented by each Certificate. Payments to the Certificateholders on each Distribution Date will be made by the Trustee to the Certificateholders of record on the related Record Date by check or money order mailed to a Certificateholder at the address appearing in the Certificate Register, or upon written request by such Certificateholder to the Trustee made not later than the applicable Record Date, by wire transfer to a U.S. depository institution acceptable to the Trustee, or by such other means of payment as such Certificateholder and the Trustee shall agree.

  • Purchase Price and Method of Payment Buyer shall pay and Seller shall accept the purchase price for the Business as follows:

  • Method of Electing Interest Rates (a) The Loans included in each Committed Borrowing shall bear interest initially at the type of rate specified by the Borrower in the applicable Notice of Committed Borrowing. Thereafter, the Borrower may from time to time elect to change or continue the type of interest rate borne by each Group of Loans (subject to Section 2.08(d) and the provisions of Article 8), as follows:

  • Method of Making Payments Except as otherwise specifically provided herein, all payments hereunder shall be made to the Lender not later than the close of business (Houston time) on the date when due unless such date is a non-Business Day, in which case, such payment shall be due on the first Business Day thereafter, and shall be made in lawful money of the United States of America in immediately available funds.

  • Method of Exercise Payment Issuance of New Warrant;

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