Common use of Payment of Additional Interest Clause in Contracts

Payment of Additional Interest. If Additional Interest is payable by the Company pursuant to the Registration Rights Agreement, the Company shall deliver to the Trustee a certificate to that effect stating (i) the amount of such Additional Interest that is payable and (ii) the date on which such Additional Interest is payable. Unless and until a Trust Officer of the Trustee receives such a certificate, the Trustee may assume without inquiry that no such Additional Interest is payable. If the Company has paid Additional Interest directly to the Persons entitled to it, the Company shall deliver to the Trustee a certificate setting forth the particulars of such payment.

Appears in 16 contracts

Samples: Registration Rights Agreement (Citigroup Inc), Indenture (Emcore Corp), Indenture (Cephalon Inc)

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Payment of Additional Interest. If Additional Interest is payable by the Company pursuant to the Registration Rights Agreement, the Company shall deliver to the Trustee a certificate an Officers' Certificate to that effect stating (i) the amount of such Additional Interest that is payable and (ii) the date on which such Additional Interest is payable. Unless and until a Trust Officer of the Trustee receives such a certificatean Officers' Certificate, the Trustee may assume without inquiry that no such Additional Interest is payable. If the Company has paid Additional Interest directly to the Persons entitled to it, the Company shall deliver to the Trustee a certificate an Officers' Certificate setting forth the particulars of such payment.

Appears in 3 contracts

Samples: Indenture (Magna Entertainment Corp), Indenture (Magna Entertainment Corp), Indenture (Mercer International Inc)

Payment of Additional Interest. If Additional Interest additional interest is payable by the Company pursuant to the Registration Rights AgreementAgreement and paragraph 1 of the Securities, the Company shall deliver to the Trustee a certificate to that effect stating (i) the amount of such Additional Interest additional interest that is payable and (ii) the date on which such Additional Interest interest is payable. Unless and until a Trust Officer of the Trustee receives such a certificate, the Trustee may assume without inquiry that no such Additional Interest Registration Default (as defined in the Registration Rights Agreement) exists and that no additional interest is payableowed by the Company. If the Company has paid Additional Interest additional interest directly to the Persons persons entitled to itsuch interest, the Company shall deliver to the Trustee a certificate setting forth the particulars of such payment.

Appears in 3 contracts

Samples: Indenture (Koll Donald M), Indenture (Cb Richard Ellis Services Inc), Indenture (Cb Richard Ellis Services Inc)

Payment of Additional Interest. If Additional Interest is payable by the Company pursuant to the Registration Rights Agreementpayable, the Company shall deliver to the Trustee a certificate to that effect stating (ia) the amount of such Additional Interest that is payable and (iib) the date on which such Additional Interest is payable. Unless and until a Trust Responsible Officer of the Trustee receives at the Corporate Trust Office such a certificate, the Trustee may assume without inquiry that no such Additional Interest is payable. If the Company has paid Additional Interest directly to the Persons entitled to it, the Company shall deliver to the Trustee a certificate setting forth the particulars of such payment.

Appears in 2 contracts

Samples: Indenture (Residential Capital, LLC), Residential Capital, LLC

Payment of Additional Interest. If Additional Interest is payable by the Company pursuant to the Registration Rights Agreement, the Company shall deliver to the Trustee a certificate to that effect stating (i) the amount of such Additional Interest that is payable and (ii) the date on which such Additional Interest is payable. Unless and until a Trust Officer of the Trustee receives such a certificate, the Trustee may assume without inquiry that no such Additional Interest is payable. If the Company has paid Additional Interest directly to the Persons entitled to it, the Company shall deliver to the Trustee a certificate setting forth at the particulars of such payment.

Appears in 2 contracts

Samples: Efficient Networks Inc, HNC Software Inc/De

Payment of Additional Interest. If Additional Interest is payable by the Company pursuant to the Registration Rights Agreementpayable, the Company Issuers shall deliver to the Trustee a certificate an Officer’s Certificate to that effect stating (ia) the amount of such Additional Interest that is payable and (iib) the date on which such Additional Interest is payable. Unless and until a Trust Responsible Officer of the Trustee receives at the Corporate Trust Office such a certificate, the Trustee may assume without inquiry that no such Additional Interest is payable. If the Company has paid Additional Interest directly to the Persons entitled to itthem, the Company shall deliver to the Trustee a certificate setting forth the particulars of such payment.

Appears in 2 contracts

Samples: Indenture (Johnstone Tank Trucking Ltd.), Indenture (Johnstone Tank Trucking Ltd.)

Payment of Additional Interest. If Additional Interest is payable by the Company pursuant to the Registration Rights Agreement, the Company shall deliver to the Trustee a certificate an Officers' Certificate to that effect stating (i) the amount of such Additional Interest that is payable and (ii) the date on which such Additional Interest is payable. Unless and until a Trust Officer of the Trustee receives such a certificatean Officers' Certificate, the Trustee may assume without inquiry that no such Additional Interest is payable. If the Company has paid Additional Interest directly to the Persons entitled to it, the Company shall deliver to the Trustee a certificate setting forth the particulars of such payment.

Appears in 2 contracts

Samples: Indenture (Veritas Software Corp /De/), Indenture (Symantec Corp)

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Payment of Additional Interest. If Additional Interest is payable by the Company pursuant to the Registration Rights Agreement, the Company shall deliver to the Trustee a certificate to that effect stating (i) the amount of such Additional Interest that is payable and (ii) the date on which such Additional Interest is payable. Unless and until a Trust Officer of the Trustee receives such a certificate, the Trustee may assume without inquiry that no such Additional Interest is payable. If the Company has paid Additional Interest directly to the Persons entitled to it, the Company shall deliver to the Trustee a certificate setting forth all of the particulars of such payment.

Appears in 2 contracts

Samples: Cymer Inc, Cypress Semiconductor Corp /De/

Payment of Additional Interest. If Additional Interest is payable by the Company pursuant to the Registration Rights Agreement, the Company shall deliver to the Trustee a certificate to that effect stating (i) the amount of such Additional Interest that is payable and (ii) the date on which such Additional Interest is payable. Unless and until a Trust Responsible Officer of the Trustee receives such a certificate, the Trustee may assume without inquiry that no such Additional Interest is payable. If the Company has paid Additional Interest directly to the Persons entitled to it, the Company shall deliver to the Trustee a certificate setting forth the particulars of such payment.

Appears in 1 contract

Samples: Indenture (Penney J C Co Inc)

Payment of Additional Interest. If Additional Interest additional interest is payable by the Company pursuant to the Registration Rights Agreement, the Company shall deliver to the Trustee a certificate to that effect stating (i) the amount of such Additional Interest additional interest that is payable, (ii) the reason why such additional interest is payable and (iiiii) the date on which such Additional Interest additional interest is payable. Unless and until a Trust Responsible Officer of the Trustee receives such a certificate, the Trustee may assume without inquiry that no such Additional Interest additional interest is payable. If the Company has paid Additional Interest additional interest directly to the Persons entitled to it, the Company shall deliver to the Trustee a certificate setting forth the particulars of such payment.

Appears in 1 contract

Samples: Playboy Enterprises Inc

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