Common use of Payment of Principal, Premium, if any, and Interest Clause in Contracts

Payment of Principal, Premium, if any, and Interest. The Issuer covenants and agrees for the benefit of the Holders that it shall duly and punctually pay the principal of (and premium, if any) and interest on the Securities in accordance with the terms of the Securities and this Indenture.

Appears in 29 contracts

Samples: Indenture (Level 3 Parent, LLC), Agreement (Level 3 Parent, LLC), Offering Proceeds Note Guarantee Agreement (Level 3 Parent, LLC)

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Payment of Principal, Premium, if any, and Interest. The Issuer covenants and agrees for the benefit of the Holders that it shall will duly and punctually pay the principal of (and premium, if any) and interest on the Securities Notes in accordance with the terms of the Securities Notes and this Indenture. The Issuer shall pay interest on overdue principal at the rate specified therefor in the Notes, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 18 contracts

Samples: Indenture (Manitowoc Co Inc), Indenture (Mr. Cooper Group Inc.), Indenture (PennyMac Financial Services, Inc.)

Payment of Principal, Premium, if any, and Interest. The Issuer covenants and agrees for the benefit of the Holders that it shall will duly and punctually pay the principal of (and premium, if any) and interest and Additional Interest, if any, on the Securities Notes in accordance with the terms of the Securities Notes and this Indenture.

Appears in 2 contracts

Samples: Indenture (Primus Telecommunications Group Inc), Primus Telecommunications Group Inc

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Payment of Principal, Premium, if any, and Interest. The Issuer covenants and agrees for the benefit of the Holders of each series of Securities that it shall will duly and punctually pay the principal of (and premium, if any) and interest interest, if any, on the Securities of that series in accordance with the terms of the Securities and this Indenture.

Appears in 2 contracts

Samples: Reconciliation And (Emera US Holdings Inc.), Indenture (Emera Inc)

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