Common use of Notice by the Company Clause in Contracts

Notice by the Company. The Company shall promptly notify the Trustee and the Paying Agent of any facts known to the Company that would cause a payment of principal of or interest on the Securities to violate this Article, but failure to give such notice shall not affect the subordination of the Securities to the Senior Debt provided in this Article. Nothing in this Article shall apply to claims of, or payments to, the Trustee under or pursuant to Section 7.07.

Appears in 3 contracts

Samples: Indenture (Del Webb Corp), Indenture (Del Webb Corp), Indenture (Del Webb Corp)

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Notice by the Company. The Company shall promptly notify the Trustee and the Paying Agent of any facts known to the Company that would cause a payment of principal of or interest on the Securities to violate this Article, but failure to give such notice shall not affect the subordination of the Securities to the Senior Debt Indebtedness provided in this Article. Nothing in this Article shall apply to claims of, or payments to, the Trustee under or pursuant to Section 7.07.

Appears in 3 contracts

Samples: Indenture (MDC Holdings Inc), Indenture (Key Production Co Inc), Indenture (Key Production Co Inc)

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Notice by the Company. The Company shall promptly notify the Trustee and the Paying Agent of any facts known to the Company that would cause a payment of principal of or interest on any Obligations with respect to the Securities to violate this ArticleArticle VIII, but failure to give such notice shall not affect the subordination of the Securities to the Senior Debt Indebtedness as provided in this Article. Nothing in this Article shall apply to claims of, or payments to, the Trustee under or pursuant to Section 7.07VIII.

Appears in 1 contract

Samples: Indenture (Hard Rock Hotel Inc)

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