Payment Free from Equities Sample Clauses

Payment Free from Equities. The Obligations shall be paid by the Corporation, and may be assigned by the Holder, absolutely free and clear of all equities, rights of set-off, claims, defenses, counterclaims, rights or other matters whatsoever, whether existing between the Holder and the Corporation and/or any third parties or intermediate holders, and whether now existing or hereafter arising (before or after notice to the Corporation of any assignment) which could impair or adversely affect in any way the entitlement of the Holder to enforce the Obligations strictly in accordance with the terms and provisions hereof.
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Payment Free from Equities. The registered holder for the time being of any registered Debt Security and the bearer of any unregistered Debt Security and the bearer of any coupon (except any coupon which shall be void by reason of redemption pursuant to Section 4.4, or the acceleration pursuant to Section 6.2, of the coupon Debt Security to which it was annexed) shall be entitled to the principal, premium, if any, and/or interest evidenced by such instruments respectively free from all equities or rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all Persons may act accordingly and the receipt of any such registered holder or bearer, as the case may be, for any such principal, premium or interest shall be a good discharge to the Corporation and/or the Trustee for the same and neither the Corporation nor the Trustee shall be bound to inquire into the title of any such registered holder or bearer.
Payment Free from Equities. The registered holder for the time being of any registered Debt Security and the bearer of any unregistered Debt Security and the bearer of any coupon (except any coupon which shall be void by reason of redemption pursuant to Section 4.4, or the acceleration pursuant to Section 6.2, of the coupon Debt Security to which it was annexed) shall be entitled to the principal, premium, if any, and/or interest evidenced by such instruments respectively free from all equities or rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof and all persons may act accordingly and the receipt of any such registered holder or bearer, as the case may be, for any such principal, premium or interest shall be a good discharge to the Corporation and/or the Trustee for the same and neither the Corporation nor the Trustee shall be bound to inquire into the title of any such registered holder or bearer.
Payment Free from Equities. The Notes shall be paid by the Corporation, and may be assigned by each holder, absolutely free and clear of all equities, rights of set-off, claims, defenses, counterclaims, rights or other matters whatsoever (collectively, "Claims"), whether existing between a holder and the Corporation and/or any third parties or intermediate holders, and whether now existing or hereafter arising (before or after notice of any assignment to the Corporation) which could impair or adversely affect in any way the entitlement of any present or future holder to enforce the Notes strictly in accordance with the terms and provisions hereof and of the Note, and the Corporation hereby agrees not to assert, as against any assignee or any present or future holder, any Claims arising out of this Agreement or any Note (other than the defense that obligations hereunder have been performed or observed by the Corporation). For greater certainty, but without limiting the generality of the foregoing, the foregoing shall apply: (a) notwithstanding that such Claim arises due to any act or omission of any holder or any intermediate holder or any other party; (b) regardless of how closely or inseparably connected such Claim is to the obligations or whether it flows out of dealings or transactions related thereto; and (c) notwithstanding actual or constructive notice to any assignee or any present or future holder, or to any intermediate holder of a Note or any other third party of such Claim, regardless of when received or deemed to be received. The foregoing shall be without prejudice to the right of the Corporation to subsequently assert any Claim as against the assignor.
Payment Free from Equities. The Obligations shall be paid by the Debtor, and may be assigned by the Holder in accordance with the terms of the Credit Agreement, absolutely free and clear of all equities, rights of set-off, claims, defences, counterclaims, rights or other matters whatsoever, whether existing between the Holder or any Person for whom the Holder acts as agent hereunder and the Debtor and/or any third parties or intermediate holders, and whether now existing or hereafter arising (before or after notice to the Debtor of any assignment) which could impair or adversely affect in any way the entitlement of the Holder to enforce the Obligations strictly in accordance with the terms and provisions hereof.
Payment Free from Equities. The Obligations shall be paid by the Debtor, and may be assigned by the Holder, absolutely free and clear of all equities, rights of set-off, claims, defences, counterclaims, rights or other matters whatsoever, whether existing between the Holder or any person for whom the Holder acts as agent hereunder and the Debtor and/or any third parties or intermediate holders, and whether now existing or hereafter arising (before or after notice to the Debtor of any assignment) which could impair or adversely affect in any way the entitlement of the Holder to enforce the Obligations strictly in accordance with the terms and provisions hereof.
Payment Free from Equities. The registered holder for the time being of any Unit shall be entitled to the Purchased Royalties payable on such Unit free from all equities or rights of set-off or counterclaim between the Corporation and the original or any intermediate holder thereof save in respect of equities of which the Corporation is required to take notice by statute or by order of a court of competent jurisdiction and all Persons may act accordingly and the receipt of any such registered holder for any such Purchased Royalties shall be a good discharge to the Corporation and the Trustee for the same and neither the Corporation nor the Trustee shall be bound to inquire into the title of any such registered holder save as aforesaid. In addition to the foregoing, all Royalty Deposits payable to Unitholders under this Indenture shall be made free and clear of and without deduction or withholding for or on account of any non-U.S. tax, except to the extent that the Trustee or the Corporation, as the case may be, is required by law to make payment subject to any such non-U.S. tax. If any non-U.S. tax or amounts in respect of non-U.S. tax must be deducted from any amounts payable or paid under this Indenture, the Trustee or the Corporation, as the case may be, shall pay such additional amounts as may be necessary to ensure that the relevant Unitholder receives a net amount equal to the full amount which it would have received had payment not been made subject to such non-U.S. tax. All non-U.S. taxes required by law to be deducted or withheld by the Trustee or the Corporation, as the case may be, from any amounts paid or payable under this Indenture shall be paid by the relevant Person when due and the relevant Person shall, within a month of the payment being made, deliver to the relevant Unitholder evidence satisfactory to that Unitholder acting reasonably (including all relevant tax receipts) that the payment has been duly remitted to the appropriate authority. If, following the imposition of any non-U.S. tax on any payment by the Trustee or the Corporation, as the case may be, in consequence of which the Trustee or the Corporation, as the case may be, pays an additional amount under the foregoing paragraph, any relevant Unitholder shall as a result of such payment receive or be granted a credit against or remission for or deduction or relief from or in respect of any tax payable by it which in such Unitholder's sole opinion (acting in good faith) is both identifiable and quantifiable...
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Payment Free from Equities. The registered holder for the time being of any registered Debenture shall be entitled to the principal, premium, if any, and/or interest evidenced by such instrument free from all equities or rights of set-off or counterclaim between the Company and the original or any intermediate holder thereof and all Persons may act accordingly and the receipt of any such registered holder for any such principal, premium or interest shall be a good discharge to the Company and/or the Trustee for the same and neither the Company nor the Trustee shall be bound to inquire into the title of any such registered holder. Where Debentures are registered in more than one name, the principal, premium, if any, and interest (in the case of fully registered Debentures) from time to time payable in respect thereof may be paid by warrant or cheque payable to the order of all such holders, failing written instructions from them to the contrary, and the receipt of any one of such holders therefor shall be a valid discharge to the Trustee and any Debenture registrar and to the Company.

Related to Payment Free from Equities

  • Payments from the Gross Settlement Amount Within fourteen (14) calendar days after Defendant fully funds the Gross Settlement Amount, the Administrator will mail checks for all Individual Class Payments, Individual PAGA Payments, LWDA PAGA Payment, Administration Expenses Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and Class Representative Service Payments. Disbursement of the Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and Class Representative Service Payments shall not precede disbursement of Individual Class Payments and Individual PAGA Payments. a. The Administrator will issue checks for the Individual Class Payments and/or Individual PAGA Payments and send them to the Class Members via first-class United States Postal Service (“USPS”) mail, postage prepaid. The face of each check shall state checks that are not cashed within one hundred eighty (180) calendar days after the date of mailing will be voided. The Administrator will cancel all checks not cashed by the void date. The Administrator will send checks for Individual Settlement Payments to all Participating Class Members (including those for whom Class Notices were returned undelivered). The Administrator will send checks for Individual PAGA Payments to all Aggrieved Employees, including Non-Participating Class Members who qualify as Aggrieved Employees (including those for whom Class Notices were returned undelivered). The Administrator may send Participating Class Members a single check combining the Individual Class Payment and the Individual PAGA Payment. Before mailing any checks, the Administrator must update the recipients’ mailing addresses using the NCOA. b. The Administrator must conduct a Class Member Address Search for all other Class Members whose checks are returned undelivered without USPS forwarding address. Within seven (7) calendar days of receiving a returned check, the Administrator will remail checks to the USPS forwarding address provided or to an address ascertained through the Class Member Address Search. The Administrator shall send a replacement check to any Class Member whose original check was lost or misplaced if requested by the Class Member prior to the void date. c. For any Class Member whose Individual Class Payment check or Individual PAGA Payment check is uncashed and cancelled after the void date, the Administrator shall transmit the funds represented by such checks to the California Controller’s Unclaimed Property Fund in the name of the Class Member, thereby leaving no “unpaid residue” subject to the requirements of Code of Civil Procedure section 384, subd. (b). d. The payment of Individual Class Payments and Individual PAGA Payments shall not obligate Defendant to confer any additional benefits or make any additional payments to Class Members (such as 401(k) contributions or bonuses) beyond those specified in this Settlement.

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