Common use of Note Payments Clause in Contracts

Note Payments. The Company agrees that, so long as you 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 time, on the date due) to your account or accounts as specified in the Purchaser Schedule attached hereto, or such other account or accounts in the United States as you may designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. 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 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 you have made in this paragraph 11A.

Appears in 1 contract

Samples: Private Shelf Facility Agreement (Stanley Furniture Co Inc/)

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Note Payments. The Company agrees that, so So long as you shall hold any Note, it the Company will make payments of principal of, interest onon and Yield Maintenance Amount, and any Yield-Maintenance Amount payable if any, 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 time, on the date due) to your account or accounts as specified in the Purchaser Schedule attached hereto, or such other account or accounts in the United States as you may designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. 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 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 12A to any Transferee which shall have made the same agreement as you have made in this paragraph 11A.12A. 50

Appears in 1 contract

Samples: Subordinated Note and Warrant Purchase Agreement (Boots & Coots International Well Control Inc)

Note Payments. The Company agrees that, so So long as you shall hold any Note, it the Company 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 noon, New York City time, on the date due) to your account or accounts as specified in the Purchaser Schedule attached hereto, or such other account or accounts in the United States as you may designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. 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 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 12A to any Transferee which shall have made the same agreement as you have made in this paragraph 11A.12A.

Appears in 1 contract

Samples: Subordinated Note and Warrant Purchase Agreement (Hallwood Consolidated Resources Corp)

Note Payments. The Company agrees that, so long as 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 noon, New York City time, on the date due) to your account or accounts as specified in the Purchaser Schedule attached hereto, or such other account or accounts in the United States as you may designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. 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 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 you have made in this paragraph 11A.

Appears in 1 contract

Samples: Note Agreement (Tampa Electric Co)

Note Payments. The Company Industries agrees that, that so long as 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 noon, New York City time, on the date due) to your account or accounts as specified in the Purchaser Schedule attached hereto, or such other account or accounts in the United States as you may designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. 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 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 Industries agrees to afford the benefits of this paragraph 11A to any Transferee which shall have made the same agreement as you have made in this paragraph 11A.

Appears in 1 contract

Samples: Note Purchase Agreement (Mohawk Industries Inc)

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Note Payments. The Company agrees that, so long as you shall hold any Note, it will make payments of principal of, interest 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 noon, New York City time, on the date due) to your account or accounts as specified in the Purchaser Schedule attached hereto, or such other account or accounts in the United States as you may designate in writing, notwithstanding any contrary provision herein or in any Note with respect to the place of payment. 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 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 you have made in this paragraph 11A.

Appears in 1 contract

Samples: Note Purchase and Private Shelf Agreement (Stanley Furniture Co Inc/)

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

Appears in 1 contract

Samples: Private Shelf Agreement (Cedar Fair L P)

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