Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 52 contracts
Samples: Surgery Center (Surgery Partners, Inc.), Indenture (Community Health Systems Inc), Indenture (Community Health Systems Inc)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each caseelection, as provided in clause (a) or (b) below:
Appears in 27 contracts
Samples: Third Lien Intercreditor Agreement (Frontier Communications Parent, Inc.), Third Lien Intercreditor Agreement (Frontier Communications Parent, Inc.), Indenture (Thor Industries Inc)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.32.03 hereof. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 23 contracts
Samples: Pooling Agreement (Bungeltd), Pooling Agreement (Bungeltd), Pooling Agreement (Bunge Limited Finance Corp)
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 21 contracts
Samples: General Maritime Corp/, Georgia Gulf Corp /De/, Indenture (NCL CORP Ltd.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 20 contracts
Samples: Indenture (Ladder Capital Corp), Indenture (Ladder Capital Corp), Indenture (Restaurant Brands International Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 17 contracts
Samples: Indenture (Allison Transmission Holdings Inc), Supplemental Indenture (Axalta Coating Systems Ltd.), Supplemental Indenture (Axalta Coating Systems Ltd.)
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 17 contracts
Samples: Intercreditor Agreement (CONSOL Mining Corp), Indenture (CONSOL Energy Inc), Indenture (Warren Resources Inc)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each caseelection, as provided in clause (a) or (b) below:
Appears in 16 contracts
Samples: Indenture (Builders FirstSource, Inc.), Indenture (Builders FirstSource, Inc.), Roller Bearing (RBC Bearings INC)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 15 contracts
Samples: Indenture (Avis Budget Group, Inc.), Indenture (Avis Budget Group, Inc.), Indenture (Churchill Downs Inc)
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 11 contracts
Samples: Lease Agreement (Clayton Williams Energy Inc /De), Indenture (Stanley Works), Indenture (Stanley Works)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.32.03. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 10 contracts
Samples: Intercreditor Agreement (Cleveland-Cliffs Inc.), Registration Rights Agreement (Cleveland-Cliffs Inc.), Registration Rights Agreement (Cleveland-Cliffs Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 8 contracts
Samples: Churchill Downs Incorporated (Churchill Downs Inc), Supplemental Indenture (IAA Spinco Inc.), Indenture (KAR Auction Services, Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its election in each case, as provided in clause (a) or (b) below:
Appears in 7 contracts
Samples: Indenture (Avis Budget Group, Inc.), Indenture (Avis Budget Group, Inc.), Indenture (Avis Budget Group, Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section SECTION 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 7 contracts
Samples: Indenture (iHeartMedia, Inc.), Indenture (iHeartMedia, Inc.), Indenture (iHeartMedia, Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 7 contracts
Samples: Ortho Clinical Diagnostics Holdings PLC, Ortho Clinical Diagnostics Holdings PLC, Axalta Coating Systems Ltd.
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 6 contracts
Samples: Credit Agreement (Cornell Companies Inc), Indenture (Portola Packaging Inc), Indenture (VI Acquisition Corp)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 6 contracts
Samples: Indenture (McClatchy Co), Supplemental Indenture (CNO Financial Group, Inc.), Cno Financial (CNO Financial Group, Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder Securityholder on the regular record datedate by virtue of having been such Securityholder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its election in each case, as provided in clause (a) or (b) below:
Appears in 6 contracts
Samples: Indenture (Star Gas Partners Lp), Indenture (Star Gas Partners Lp), Indenture (Star Gas Finance Co)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 5 contracts
Samples: Indenture (Zekelman Industries, Inc.), Cedar I Merger (CommScope Holding Company, Inc.), Cedar I Merger (CommScope Holding Company, Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 5 contracts
Samples: Indenture (Ultra Petroleum Corp), Indenture (ANTERO RESOURCES Corp), Indenture (Antero Resources LLC)
Payment of Interest; Defaulted Interest. Interest on any Note which that is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Regular Record Date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.32.03. Any interest on any Note which that is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRegular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each caseelection, as provided in clause (a) or (b) below:
Appears in 5 contracts
Samples: Ciena Corp, Ciena Corp, Indenture (Ciena Corp)
Payment of Interest; Defaulted Interest. Interest (including any Additional Interest) on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date Regular Record Date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to as provided in Section 2.32.01. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days days, shall forthwith cease to be payable to the Holder on the regular record dateRegular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 4 contracts
Samples: Newmont Mining Corp /De/, Newmont Mining Corp /De/, Newmont Mining Corp /De/
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section SECTION 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”"DEFAULTED INTEREST") shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 4 contracts
Samples: Bertuccis of White Marsh Inc, Ne Restaurant Co Inc, Georgia Gulf Corp /De/
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 4 contracts
Samples: Indenture (CPG Newco LLC), CPG Merger Sub (CPG Newco LLC), CPG Merger Sub (CPG Newco LLC)
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor NotesSecurities) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 4 contracts
Samples: Indenture (Coastal Paper CO), Indenture (Cellu Tissue - CityForest LLC), Indenture (Cellu Tissue Holdings, Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the such Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 4 contracts
Samples: Mattel Inc /De/, Mattel Inc /De/, Mattel Inc /De/
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days days, shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 4 contracts
Samples: Indenture (Trinseo S.A.), Indenture (Trinseo S.A.), Indenture (Trinseo S.A.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days days, shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each caseelection, as provided in clause (a) or (b) below:
Appears in 4 contracts
Samples: Indenture (loanDepot, Inc.), loanDepot, Inc., loanDepot, Inc.
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of (unless paid within 30 days of the due date thereof) shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 4 contracts
Samples: Indenture (CNX Resources Corp), Indenture (CNX Resources Corp), Indenture (CNX Resources Corp)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its election in each casetheir election, as provided in clause (a) or (b) below:
Appears in 3 contracts
Samples: Evergreen Acqco (Savers Value Village, Inc.), Indenture (Pactiv Evergreen Inc.), Indenture (Pactiv Evergreen Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 3 contracts
Samples: Quiksilver (Quiksilver Inc), Quiksilver (Quiksilver Inc), Indenture (Palace Entertainment Holdings, Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.32.03. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each caseelection, as provided in clause (a) or (b) below:
Appears in 3 contracts
Samples: Credit Agreement (Embecta Corp.), Yum Brands Inc, Yum Brands Inc
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its election in each case, as provided in clause (a) or (b) below:
Appears in 3 contracts
Samples: Indenture (Acelity L.P. Inc.), Indenture (Northern Tier Energy LLC), Indenture (Northern Tier Energy, Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes set forth in Section 6.1(c) (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each caseelection, as provided in clause (a) or (b) below:
Appears in 3 contracts
Samples: Intercreditor Agreement (Carvana Co.), Carvana Co., Carvana Co.
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 3 contracts
Samples: Tango of Arundel, Inc., Tower Automotive Inc, Quiksilver Inc
Payment of Interest; Defaulted Interest. Interest Unless otherwise specified for Notes of any series in the applicable Notes Supplemental Indenture, as contemplated by Section 2.2, interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.32.4. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the such Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 3 contracts
Samples: Indenture (F&G Annuities & Life, Inc.), Supplemental Indenture (FGL Holdings), Indenture (Fidelity & Guaranty Life)
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.32.05. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 3 contracts
Samples: RJR Acquisition Corp, Reynolds R J Tobacco Co, Rj Reynolds Tobacco Holdings Inc
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 3 contracts
Samples: Indenture (Brunswick Corp), Pico Holdings Inc /New, UCP, Inc.
Payment of Interest; Defaulted Interest. Interest and Additional Interest, if any, on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest and Additional Interest, if any, on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 3 contracts
Samples: Supplemental Indenture (Venoco, Inc.), TexCal Energy (LP) LLC, BMC, Ltd.
Payment of Interest; Defaulted Interest. Interest on any Note which that is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Regular Record Date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which that is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRegular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each caseelection, as provided in clause (a) or (b) below:
Appears in 3 contracts
Samples: Change Stock (Ciena Corp), Indenture (Ciena Corp), First Supplemental Indenture (Global Crossing LTD)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 3 contracts
Samples: Indenture (Aar Corp), Indenture (Aar Corp), Indenture (Aar Corp)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) ), shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: CommScope Holding Company, Inc., CommScope Holding Company, Inc.
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor NotesSecurities) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: Indenture (Colt Defense Technical Services LLC), License Agreement (Colt Finance Corp.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.32.03 hereof. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: Pooling Agreement (Bunge LTD), Pooling Agreement (Bunge LTD)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: Indenture (Triangle Petroleum Corp), American Capital, LTD
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest in cash at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: Indenture (Ultra Petroleum Corp), Warrant Agreement (Ultra Petroleum Corp)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.32.03. 38 Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: Cliffs Natural Resources Inc., Cliffs Natural Resources Inc.
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each caseelection, as provided in clause (a(a) or (b(b) below:
Appears in 2 contracts
Samples: Indenture (Dun & Bradstreet Holdings, Inc.), Macy's, Inc.
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its election in each case, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: Indenture (Alta Mesa Holdings, LP), Indenture (Alta Mesa Energy LLC)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business 5:00 p.m. New York City time on the regular record date Record Date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: Indenture (Aar Corp), Indenture (Aar Corp)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of (unless paid within 30 days of the due date thereof) shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: Indenture (Earthstone Energy Inc), Earthstone Energy Inc
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each caseelection, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: Intercreditor Agreement (CPI Card Group Inc.), Intercreditor Agreement (MICROSTRATEGY Inc)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: Indenture (Fisher Scientific International Inc), Halliburton Co
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.32.03. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: Indenture (Yum Brands Inc), Non Disturbance Agreement (Yum Brands Inc)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: Indenture (Earth Products, Inc.), Indenture (Blockbuster Inc)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.32.3 hereof. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: Pooling Agreement (Bunge LTD), Indenture (Bunge LTD)
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date Regular Record Date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.32.05. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days days, shall forthwith cease to be payable to the Holder on the regular record dateRegular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 2 contracts
Samples: Indenture (Pier 1 Imports Inc/De), Pier 1 Imports Inc/De
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.32.5. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted ADefaulted Interest”") shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Rj Reynolds Tobacco Holdings Inc
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the 2025 Notes or the 2028 Notes, as applicable (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) ), shall be paid by the IssuerIssuers, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: PPD, Inc.
Payment of Interest; Defaulted Interest. Interest Unless otherwise specified for Notes of any series in the applicable Notes Supplemental Indenture, as contemplated by Section 2.2, interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.32.4. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the such Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (FGL Holdings)
Payment of Interest; Defaulted Interest. Interest and Special Interest, if any, on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest and Special Interest, if any, on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the IssuerIssuers, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (Tronox Inc)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the 2024 Notes or 2026 Notes, as applicable (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) ), shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the IssuerIssuers, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Gerdau Usa Inc
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (Atento S.A.)
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”” ) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Registrar maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and for which such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (Crown Media Holdings Inc)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (Kroll Inc)
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (Mirant Corp)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business (New York City time) on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (Greatbatch, Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (Lee Enterprises, Inc)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Interest on the Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted [[5541447]] interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date Regular Record Date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.32.05. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days days, shall forthwith cease to be payable to the Holder on the regular record dateRegular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, Company at its election election, in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Purchase (Group 1 Automotive Inc)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (Affinity Gaming, LLC)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (Trisyn Group, Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.32.03. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) ), shall be paid by the IssuerIssuers, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: ZoomInfo Technologies Inc.
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.32.03. Any interest on any Note of any series which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes of such series (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Cleveland-Cliffs Inc.
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date Regular Record Date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.32.05. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days thirty (30) days, shall forthwith cease to be payable to the Holder on the regular record dateRegular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, Company at its election election, in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Veeco Instruments Inc
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each caseelection, as provided in clause (aSections 2.15(a) or (b2.15(b) below:
Appears in 1 contract
Samples: Indenture (Option Care Health, Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its election in each casetheir election, as provided in clause (a) or (b) below:
Appears in 1 contract
Payment of Interest; Defaulted Interest. Interest on any Note which that is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Regular Record Date for such payment interest at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which that is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRegular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the IssuerCompany, at its election in each caseelection, as provided in clause (a) or (b) below:
Appears in 1 contract
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Record Date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRecord Date by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) ), shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Ii-Vi Inc
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date date, whether or not a Business Day, for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days days, shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each caseelection, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Korn Ferry (Korn Ferry)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Regular Record Date for such payment interest at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRegular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany or any of the Guarantors, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (Saks Inc)
Payment of Interest; Defaulted Interest. Interest (and Contingent Interest, if any) on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date Regular Record Date for such payment interest (and Contingent Interest, if any) at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest (and Contingent Interest, if any) on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record dateRegular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (PSS World Medical Inc)
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the IssuerIssuers, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Stewart & Stevenson LLC
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Default Rate set forth in Section 6.1(c) (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each caseelection, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Carvana Co.
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Quiksilver Inc
Payment of Interest; Defaulted Interest. Interest and Special Interest, if any, on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment interest at the office or agency of the Issuer Issuers maintained for such purpose pursuant to Section 2.3. Any interest and Special Interest, if any, on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerIssuers, at its their election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Tronox (Tronox Inc)
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date Interest Payment Date shall be paid to the Person in whose name such Note Security (or one or more Predecessor Notespredecessor Securities) is registered at the close of business on the regular record date Record Date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.32.03. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate per annum borne by the Notes Securities plus 2% per annum (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a1) or (b2) below:
Appears in 1 contract
Samples: Indenture (Netscout Systems Inc)
Payment of Interest; Defaulted Interest. Interest on any Note Security which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note Security (or one or more Predecessor NotesSecurities) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. Any interest on any Note Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes Securities (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (Imco Recycling Inc)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election election, in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (Atento S.A.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each caseelection, as provided in clause (aSection 2.12(a) or (bSection 2.12(b) below:
Appears in 1 contract
Samples: Ryan Specialty (Ryan Specialty Group Holdings, Inc.)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3Section 2.03. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor predecessor Notes) is registered at the close of business on the regular record date for such interest payment date at the office or agency of the Issuer Company maintained for such purpose pursuant to Section 2.3. The regular record date shall be the 15th day of the month prior to an interest payment date. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record datedate by virtue of having been such Holder, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the IssuerCompany, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Cimarex Energy Co
Payment of Interest; Defaulted Interest. Interest Interest, including Additional Interest, if any, on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.32.03. Any interest interest, including Additional Interest, if any, on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each case, as provided in clause (a) or (b) below:
Appears in 1 contract
Samples: Indenture (Radioshack Corp)
Payment of Interest; Defaulted Interest. Interest on any Note which is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name such Note (or one or more Predecessor Notes) is registered at the close of business on the regular record date for such payment at the office or agency of the Issuer maintained for such purpose pursuant to Section 2.3. Any interest on any Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days shall forthwith cease to be payable to the Holder on the regular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Issuer, at its election in each caseelection, as provided in clause (aSection 2.12(a) or (bSection 2.12(b) below:
Appears in 1 contract
Samples: ir.ryanspecialty.com
