Payment Covenant. The Issuer shall duly and punctually pay the principal of and interest on, if any, the Notes in accordance with the terms of the Notes and this Indenture. Amounts properly withheld under the Code by any Person from a payment to any Noteholder of interest and/or principal shall be considered as having been paid by the Issuer to such Noteholder for all purposes of this Indenture.
Payment Covenant. 24 SECTION 3.2 Maintenance of Office or Agency............................................................24 SECTION 3.3 Money for Payments To Be Held in Trust.....................................................24 SECTION 3.4 Existence..................................................................................26 SECTION 3.5 Protection of Trust Estate.................................................................26 SECTION 3.6 Opinions as to Trust Estate................................................................26 SECTION 3.7 Performance of Obligations; Servicing of Receivables.......................................27 SECTION 3.8
Payment Covenant. 24 SECTION 3.2 Maintenance of Office or Agency . . . . . . . . . . . . . 24 SECTION 3.3 Money for Payments To Be Held in Trust . . . . . . . . . . 25 SECTION 3.4 Existence . . . . . . . . . . . . . . . . . . . . . . . . 26 SECTION 3.5 Protection of Trust Estate . . . . . . . . . . . . . . . . 27 SECTION 3.6 Opinions as to Trust Estate . . . . . . . . . . . . . . . 27 SECTION 3.7 Performance of Obligations; Servicing of Receivables . . . . . . . . . . . . . . . . . . . . . . . 28 SECTION 3.8
Payment Covenant. 72 12.1.2 Corporate Existence ................................ 72 12.1.3 Conduct of Business ................................ 72 12.1.4
Payment Covenant. The Corporation shall use best efforts to ensure that it has sufficient Available Cash to make all payments due under this Agreement without regard to the last sentence of Section 4.01(b), including using best efforts to cause the Company to make distributions to the Corporation to make such payments so long as there is not a continuing default or event of default under any credit agreement, loan agreement, note, indenture or other agreement governing indebtedness of the Company or any of its Subsidiaries or the Corporation and such payment or incurrence of indebtedness would not give rise to a default under any such credit agreement, loan agreement, note, indenture or other agreement governing indebtedness of the Company or any of its Subsidiaries or the Corporation.
Payment Covenant it will, and it will cause each of its Subsidiaries which is a Loan Party to, duly and punctually pay all sums of money due and payable by it under the terms of this Agreement and any other Loan Document at the times and places, in the currencies, and in the manner specified;
Payment Covenant. 30 SECTION 3.2. Maintenance of Office or Agency..............................30 SECTION 3.3. Money for Payments To Be Held in Trust.......................30 SECTION 3.4. Existence....................................................32
Payment Covenant. ...25 SECTION 3.2 MAINTENANCE OF OFFICE OR AGENCY............................................................25 SECTION 3.3 MONEY FOR PAYMENTS TO BE HELD IN TRUST.....................................................25 SECTION 3.4 EXISTENCE..................................................................................27 SECTION 3.5 PROTECTION OF TRUST ESTATE.................................................................27 SECTION 3.6 OPINIONS AS TO TRUST ESTATE................................................................27 SECTION 3.7
Payment Covenant. The Corporation shall use good faith efforts to ensure that it has sufficient Available Cash to make all payments due under this Agreement without regard to the last sentence of Section 4.01(b), including using good faith efforts to cause the Company to make distributions to the Corporation to make such payments and borrowing funds under available credit facilities to the extent that such credit facilities would permit such funds to be applied to make such payments, in each case (x) to the extent reasonably determined by the Board to be in the best interest of the Company and the Corporation and (y) so long as there is not a continuing default or event of default under any credit agreement, loan agreement, note, indenture or other agreement governing indebtedness of the Company or the Corporation and such payment or incurrence of indebtedness would not give rise to a default under any such credit agreement, loan agreement, note, indenture or other agreement governing indebtedness of the Company or the Corporation (in each case, other than a default or event of default resulting solely from the breach of a covenant (a) that expressly prohibits payments under this Agreement contained in an agreement entered into by the Company or the Corporation and (b) whose primary purpose is to avoid or delay payments required to be made to the terms of this Agreement, it being agreed that customary covenants limiting restricted payments or distributions do not constitute covenants that expressly prohibit payments under this Agreement).
Payment Covenant. IMARK will pay all amounts due under the Restructured Notes in accordance with their terms and provisions.
