Common use of Payment of Liquidated Damages Clause in Contracts

Payment of Liquidated Damages. (a) Under certain circumstances the Issuers will be obligated to pay certain Liquidated Damages to the Holders of certain Initial Notes, as more particularly set forth in such Initial Notes.

Payment of Liquidated Damages. (a) Under certain circumstances the Issuers Company will be obligated to pay certain Liquidated Damages to the Holders of certain Initial Notes, as more particularly set forth in such Initial Notes.