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

Payment of Principal, Premium, if any, and Interest. The Company covenants and agrees for the benefit of the Holders of each series of Securities that it will duly and punctually pay the principal of, premium, if any, and interest on the Securities of that series in accordance with the terms of the Securities of such series, any coupons appertaining thereto and this Indenture. An installment of principal, premium, if any, or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money designated for and sufficient to pay the installment.

Appears in 16 contracts

Samples: Indenture (Universal Logistics Holdings, Inc.), Indenture (Pam Transportation Services Inc), Americas Carmart Inc

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Payment of Principal, Premium, if any, and Interest. The Company covenants and agrees for the benefit of the Holders of each series of Securities that it will duly and punctually pay the principal of, of (and premium, if any), and interest on and any Additional Amounts payable in respect of the Securities of that series in accordance with the terms of the such series of Securities of such series, any coupons appertaining thereto and this Indenture. An installment of principal, principal (premium, if any), or interest shall be considered paid on the applicable due date it is due if on such date the Trustee or Paying Agent holds on that date holds, in accordance with this Indenture, money designated for and sufficient to pay the installmentall of such installment then due.

Appears in 2 contracts

Samples: Ambac Financial Group Inc, Ambac Financial Group Inc

Payment of Principal, Premium, if any, and Interest. The Company covenants and agrees for the benefit of the Holders of each series of Securities that it will duly and punctually pay the principal of, premium, if any, and interest interest, if any, on the Securities of that series in accordance with the terms of the Securities of such series, any coupons appertaining thereto and this Indenture. An installment of principal, premium, if any, principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money designated for and sufficient to pay the installment.

Appears in 1 contract

Samples: Ual Corp Capital Trust I

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Payment of Principal, Premium, if any, and Interest. The Company covenants and agrees for the benefit of the Holders of each series of Securities that it will duly and punctually pay the principal of, premium, if any, and interest interest, together with additional amounts, if any, on the Securities of that series in accordance with the terms of the Securities of such series, any coupons appertaining thereto series and this Indenture. An installment of principal, premium, if any, or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money designated for and sufficient to pay the installment.

Appears in 1 contract

Samples: Executive Risk Inc /De/

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