Common use of Payment of Debentures Clause in Contracts

Payment of Debentures. The Company shall pay the principal of and interest on the Debentures on the dates and in the manner provided in the Debentures. Principal and interest shall be considered paid on the date due if the Paying Agent holds on that date money designated for and sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate borne by the Debentures; it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Payment of Debentures. The Company shall pay the principal of and interest on the Debentures on the dates and in the manner provided in the Debentures. Principal and interest shall be considered paid on the date due if the Paying Agent holds on that date money designated for and sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate then borne by the Debentures; , and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Payment of Debentures. The Company shall pay the principal of and interest on the Debentures on the dates and in the manner provided in the DebenturesDebentures and this Indenture. Principal and An installment of principal or interest shall be considered paid on the date it is due if the Paying Agent (other than the Company or an Affiliate of the Company) holds on that date money designated for and sufficient to pay all principal and interest then duethe installment. The Company shall pay interest on overdue principal at the rate borne by the DebenturesDebentures per annum; it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Payment of Debentures. The Company shall pay the principal Principal of and interest Interest on the Debentures on the dates and in the manner provided in the DebenturesDebentures and this Agreement. Principal and interest Interest shall be considered paid on the date due if the Paying Agent holds in accordance with this Agreement on that date money designated for and sufficient to pay all principal Principal and interest Interest then due. The Company shall pay interest on overdue principal at due and the rate borne by the Debentures; it shall pay interest on overdue installments of interest at the same rate Paying Agent is not prohibited from paying such money to the extent lawfulHolders on such date pursuant to the terms of this Agreement.

Payment of Debentures. The Company shall pay the principal of and interest on the Debentures on the dates and in the manner provided herein and in the Debentures. Principal and An installment of principal or interest shall be considered paid on the date it is due if the Paying Agent Trustee or paying agent holds on that date money designated for and sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate borne by the Debentures; it shall pay interest on overdue installments of interest at the same rate to the extent lawfulinstallment.