Common use of Note Payments Clause in Contracts

Note Payments. The Company agrees that, so long as any Purchaser shall hold any Note, it will make payments of principal of, interest on and any Yield-Maintenance Amount payable with respect to such Note, which comply with the terms of this Agreement, by wire transfer of immediately available funds for credit (not later than 12:00 Noon, New York City local time, on the date due) to (i) the account or accounts specified in the applicable Confirmation of Acceptance (in the case of any Private Shelf Note) or (ii) such other account or accounts in the United States as such Purchaser may designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. Each Purchaser agrees that, before disposing of any Note, such Purchaser will make a notation thereon (or on a schedule attached thereto) of all principal payments previously made thereon and of the date to which interest thereon has been paid. The Company agrees to afford the benefits of this paragraph 11A to any Transferee which shall have made the same agreement as each Purchaser has made in this paragraph 11A.

Appears in 8 contracts

Samples: Applied Industrial Technologies Inc, Applied Industrial Technologies Inc, Applied Industrial Technologies Inc

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Note Payments. The Company agrees that, so long as any Purchaser you shall hold any Note, it will make payments of principal of, interest on on, and any Yield-Yield- Maintenance Amount payable with respect to such Note, which comply with the terms of this Agreement, by wire transfer of immediately available funds for credit (not later than 12:00 Noonnoon, New York City local time, on the date due) to (i) the your account or accounts as specified in the applicable Confirmation of Acceptance (in the case of any Private Shelf Note) Purchaser Schedule attached hereto, or (ii) such other account or accounts in the United States as such Purchaser you may designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. Each Purchaser agrees You agree (and any Transferee shall agree as a condition to the transfer of any Note or part thereof) that, before disposing of any Note, you (and any such Purchaser Transferee) will make a notation thereon (or on a schedule attached thereto) of all principal payments previously made thereon and of the date to which interest thereon has been paid. The Company agrees to afford the benefits of this paragraph 11A to any Transferee which shall have made the same agreement as each Purchaser has you have made in this paragraph 11A.

Appears in 1 contract

Samples: Stanley Furniture (Stanley Furniture Co Inc/)

Note Payments. The Company agrees that, so long as any Purchaser shall hold any Note, it will make payments of principal of, interest on and any Yield-Maintenance Amount payable with respect to such Note, which comply with the terms of this Agreement, by wire transfer of immediately available funds for credit (not later than 12:00 Noonnoon, New York City local time, on the date due) to (i) the account or accounts of such Purchaser specified in the applicable Confirmation of Acceptance (Purchaser Schedules attached hereto in the case of any Private Shelf Note) Notes, or (ii) such other account or accounts in the United States as such Purchaser may designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. Each Purchaser agrees that, before disposing of any Note, such Purchaser it will make a notation thereon (or on a schedule attached thereto) of all principal payments previously made thereon and of the date to which interest thereon has been paid. The Company agrees to afford the benefits of this paragraph 11A 12A to any Transferee which shall have made the same agreement as each the Purchaser has made in this paragraph 11A.12A.

Appears in 1 contract

Samples: Note Purchase Agreement (American Biltrite Inc)

Note Payments. The Company agrees that, so long as any Purchaser you shall hold any Note, it will make payments of principal of, interest on on, and any Yield-Maintenance Amount payable with respect to such Note, which comply with the terms of this Agreement, by wire transfer of immediately available funds for credit (not later than 12:00 Noonnoon, New York City local time, on the date due) to (i) the your account or accounts as specified in the applicable Confirmation of Acceptance (in the case of any Private Shelf Note) Purchaser Schedule attached hereto, or (ii) such other account or accounts in the United States as such Purchaser you may designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. Each Purchaser agrees You agree (and any Transferee shall agree as a condition to the transfer of any Note or part thereof) that, before disposing of any Note, you (and any such Purchaser Transferee) will make a notation thereon (or on a schedule attached thereto) of all principal payments previously made thereon and of the date to which interest thereon has been paid. The Company agrees to afford the benefits of this paragraph 11A to any Transferee which shall have made the same agreement as each Purchaser has you have made in this paragraph 11A.

Appears in 1 contract

Samples: Stanley Furniture Co Inc/

Note Payments. The Company agrees that, so long as any Purchaser or Existing Holder shall hold any Note, it will make payments of principal of, interest on on, and any Yield-Maintenance Amount payable with respect to to, such Note, which comply with the terms of this Agreement, by wire transfer of immediately available funds for credit (not later than 12:00 Noon, New York City local time, on the date due) due to (i) the account or accounts of such Purchaser or Existing Holder specified in the applicable Confirmation of Acceptance (in the case of any Private Shelf Note) Purchaser Schedule attached hereto or (ii) such other account or accounts in the United States as such Purchaser or Existing Holder may from time to time designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. Each Purchaser and Existing Xxxxxx agrees that, before disposing of any Note, such Purchaser it will make a notation thereon (or on a schedule attached thereto) of all principal payments previously made thereon and of the date to which interest thereon has been paid. The Company agrees to afford the benefits of this paragraph 11A to any Transferee which shall have made the same agreement as each Purchaser has the Purchasers and Existing Holders have made in this paragraph 11A.

Appears in 1 contract

Samples: Security Agreement (Alexander & Baldwin Inc)

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Note Payments. The Company agrees that, so long as any Purchaser shall hold any Note, it will make payments of principal of, interest on and any Yield-Maintenance Amount Prepayment Premium payable with respect to such Note, which comply with the terms of this AgreementAgreement without setoff or counterclaim, by wire transfer of immediately available funds for credit (not later than 12:00 Noon2:00 p.m., prevailing New York, New York City local time, on the date due) to (i) the such Purchaser’s account or accounts as specified in the applicable Confirmation of Acceptance (in the case of any Private Shelf Note) Purchaser Schedule attached hereto, or (ii) such other account or accounts in the United States as such Purchaser may designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. Each Purchaser agrees that, before disposing of any Note, such Purchaser will make a notation thereon (or on a schedule attached thereto) of all principal payments previously made thereon and of the date to which interest thereon has been paid. The Company agrees to afford the benefits of this paragraph Paragraph 11A to any Transferee which shall have made the same agreement as each Purchaser has made in this paragraph Paragraph 11A.

Appears in 1 contract

Samples: Note Purchase Agreement (OTG EXP, Inc.)

Note Payments. The Company agrees that, so long as any Purchaser shall hold any Note, it will make payments of principal of, interest on and any Yield-Maintenance Amount payable with respect to such Note, which comply with the terms of this Agreement, by wire transfer of immediately available funds for credit (not later than 12:00 Noonnoon, New York City local time, on the date due) to (i) the account or accounts of such Purchaser specified in the applicable Confirmation of Acceptance (in the case of any Private Shelf Note) with respect to such Note or (ii) such other account or accounts in the United States as such Purchaser may designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. Each Purchaser agrees that, before disposing of any Note, such Purchaser it will make a notation thereon (or on a schedule attached thereto) of all principal payments previously made thereon and of the date to which interest thereon has been paid. The Company agrees to afford the benefits of this paragraph 11A to any Transferee which shall have made the same agreement as each the Purchaser has made in this paragraph 11A.

Appears in 1 contract

Samples: Movado Group Inc

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