No Obligation to Pay. The Issuer shall have no obligation to pay any Distribution (including any Arrears of Distribution and any Additional Distribution Amount) on any Distribution Payment Date if it validly elects not to do so in accordance with Condition 4(e)(i) (
Appears in 4 contracts
Samples: Agreement (PCGI Intermediate Holdings LTD), Agency Agreement (PCGI Intermediate Holdings LTD), Agency Agreement (PCGI Intermediate Holdings LTD)
No Obligation to Pay. The Issuer shall have no obligation to pay any Distribution (including any Arrears of Distribution and any Additional Distribution Amount) on any Distribution Payment Date if it validly elects not to do so in accordance with Condition 4(e)(i4(C) (and any failure to pay Distribution shall not constitute a default of the Issuer in respect of the Securities.
Appears in 1 contract
Samples: Subscription Agreement (Datang Telecom Technology & Industry Holdings Co., Ltd.)