Common use of Payment, Distribution or Notice to Representative Clause in Contracts

Payment, Distribution or Notice to Representative. Whenever a payment or distribution is to be made or a notice given to holders of Senior Indebtedness, the distribution may be made and the notice given to their Representative. Upon any payment or distribution of assets or securities of the Company referred to in this Article 10, the Trustee and the Holders of Notes shall be entitled to rely upon any order or decree made by any court of competent jurisdiction or upon any certificate of such Representative or of the liquidating trustee or agent or other Person making any payment or distribution to the Trustee or to the Holders of Notes for the purpose of ascertaining the Persons entitled to participate in such payment or distribution, the holders of the Senior Indebtedness and other Indebtedness of the Company the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article 10.

Appears in 1 contract

Samples: Laroche Industries Inc

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Payment, Distribution or Notice to Representative. Whenever a payment or distribution is to be made or a notice given to holders of Senior IndebtednessDebt, the payment or distribution may be made and the notice given to their Representative. Upon any payment or distribution of assets assets, securities or securities other property of the Company referred to in this Article 10, the Trustee and the Holders of Notes shall be entitled to rely upon any order or decree made by any court of competent jurisdiction or upon any certificate of such Representative or of the liquidating trustee or agent or other Person making any payment or distribution to the Trustee or to the Holders of Notes for the purpose of ascertaining the Persons entitled to participate in such payment or distribution, the holders of the Senior Indebtedness Debt and other Indebtedness of the Company Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all the other facts pertinent thereto or to this Article 10.

Appears in 1 contract

Samples: Indenture (SFC New Holdings Inc)

Payment, Distribution or Notice to Representative. Whenever a payment or distribution is to be made or a notice given to holders of Senior IndebtednessDebt, the distribution may be made and the notice given to their Representative. Upon any payment or distribution of assets or securities of the Company referred to in this Article 10, the Trustee and the Holders of Notes shall be entitled to rely upon any order or decree made by any court of competent jurisdiction or upon any certificate of such Representative or of the liquidating trustee or agent or other Person making any payment or distribution to the Trustee or to the Holders of Notes for the purpose of ascertaining the Persons entitled to participate in such payment or distribution, the holders of the Senior Indebtedness Debt and other Indebtedness of the Company Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article 10.

Appears in 1 contract

Samples: Indenture (Cumulus Media Inc)

Payment, Distribution or Notice to Representative. Whenever a payment or distribution is to be made or a notice given to holders of Senior IndebtednessDebt, the distribution may be made and the notice given to their Representative. Upon any payment or distribution of assets or securities of the Company referred to in this Article 10, the Trustee and the Holders of Notes Securities shall be entitled to rely upon any order or decree made by any court of competent jurisdiction or upon any certificate of such Representative or of the liquidating trustee or agent or other Person making any payment or distribution to the Trustee or to the Holders of Notes Securities for the purpose of ascertaining the Persons entitled to participate in such payment or distribution, the holders of the Senior Indebtedness Debt and other Indebtedness of the Company or any Subsidiary Guarantor, if any, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article 10.

Appears in 1 contract

Samples: Indenture (Energy Corp of America)

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Payment, Distribution or Notice to Representative. Whenever a payment or distribution is to be made or a notice given to holders of Exchange Debenture Senior IndebtednessDebt, the distribution may be made and the notice given to their Representative. Upon any payment or distribution of assets or securities of the Company referred to in this Article 10, the Trustee and the Holders of Notes Exchange Debentures shall be entitled to rely upon any order or decree made by any court of competent jurisdiction or upon any certificate of such Representative or of the liquidating trustee or agent or other Person making any payment or distribution to the Trustee or to the Holders of Notes Exchange Debentures for the purpose of ascertaining the Persons entitled to participate in such payment or distribution, the holders of the Exchange Debenture Senior Indebtedness Debt and other Indebtedness of the Company Company, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Article 10.

Appears in 1 contract

Samples: Indenture (Cumulus Media Inc)

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