Payment of Principal, Premium and Interest; Compliance with Terms Sample Clauses
This clause establishes the obligation of the issuer to pay the principal amount, any applicable premium, and interest on a debt instrument according to the agreed schedule and terms. It typically outlines the timing and method of payments, such as specifying payment dates, acceptable forms of payment, and the parties entitled to receive them. By clearly defining these payment obligations and referencing compliance with the broader terms of the agreement, the clause ensures that all financial commitments are met as promised, thereby protecting the interests of the holders and reducing the risk of disputes over payment.
Payment of Principal, Premium and Interest; Compliance with Terms. With respect to each series of Securities, the Company will duly and punctually pay the principal of, premium, if any, and interest on the Securities of such series in accordance with the terms of the Securities of such series, and this Indenture, net of any taxes required to be withheld, and will duly comply with all the other terms, agreements and conditions contained in, or made in this Indenture for the benefit of, the Securities of such series. Except as otherwise specified as contemplated by Section 3.01 with respect to the Securities of a series, each installment of interest on the Registered Securities of any series may be paid by mailing checks for such interest payable to or upon the written order of the Holders of Registered Securities entitled thereto as they shall appear on the registry books of the Company.
Payment of Principal, Premium and Interest; Compliance with Terms. With respect to each series of Securities, the Company will duly and punctually pay the principal of, premium, if any, and interest on the Securities of such series in accordance with the terms of the Securities of such series of Securities, any Coupons appertaining thereto and this Indenture, net of any taxes required to be withheld, and will duly comply with all the other terms, agreements and conditions contained in, or made in this Indenture for the benefit of, the Securities of such series. Each installment of interest on the Registered Securities of any series may be paid by mailing checks for such interest payable to or upon the written order of the Holders of Registered Securities entitled thereto as they shall appear on the registry books of the Company. The interest on Coupon Securities shall be payable only upon presentation and surrender of the several Coupons for such interest installments as are evidenced thereby as they severally mature. The interest, if any, on any temporary Unregistered Security shall be paid, as to any installment of interest evidenced by a Coupon attached thereto, if any, only upon presentation and surrender of such Coupon, and, as to other installments of interest, if any, only upon presentation of such Security for notation thereon of the payment of such interest.
Payment of Principal, Premium and Interest; Compliance with Terms. With respect to this Note, the Company will duly and punctually pay the principal of and interest on this Note in accordance with the terms of this Note, and will duly comply with all the other terms, agreements and conditions contained in, or made in this Note for the benefit of the Holder of this Note.
Payment of Principal, Premium and Interest; Compliance with Terms. With respect to each series of Securities, the Company will duly and punctually pay the principal of, premium, if any, and interest, if any, on the Securities of such series in accordance with the terms of the Securities of such series and this Indenture, and will duly comply with all the other terms, agreements and conditions contained in, or made in the Indenture for the benefit of, the Securities of such series.