Common use of Obligation Absolute Clause in Contracts

Obligation Absolute. No provision of the Issuing and Paying Agency Agreement under which the Notes are issued shall alter or impair the obligation of the Issuer, which is absolute and unconditional, to pay the principal of and interest on each Note at the times, place and rate, and in the coin or currency, herein prescribed.

Appears in 132 contracts

Samples: Omnibus Amendment (Becton Dickinson & Co), Commercial Paper Dealer Agreement, Commercial Paper Dealer Agreement

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Obligation Absolute. No provision of the Issuing and Paying Agency Agent Agreement under which the Notes are issued shall alter or impair the obligation of the Issuer, which is absolute and unconditional, to pay the principal of and interest on each Note at the times, place and rate, and in the coin or currency, herein prescribed.

Appears in 32 contracts

Samples: Commercial Paper Dealer Agreement (Adobe Inc.), Commercial Paper Dealer Agreement (Crane Holdings, Co.), Commercial Paper Dealer Agreement

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