Common use of Payment of Principal, Premium, Interest and Additional Amounts Clause in Contracts

Payment of Principal, Premium, Interest and Additional Amounts. The Issuer covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay or cause to be paid the principal of, and premium, if any, and interest on, each of the Securities of such series (together with any Additional Amounts payable pursuant to the terms of such Securities) at the place or places, at the respective times and in the manner provided in such Securities and in the Coupons, if any, appertaining thereto and in this Indenture. The interest on Securities with Coupons attached (together with any Additional Amounts payable pursuant to the terms of such 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. If any temporary Unregistered Security provides that interest thereon may be paid while such Security is in temporary form, the interest on any such temporary Unregistered Security (together with any Additional Amounts payable pursuant to the terms of such Security) shall be paid, as to the installments of interest evidenced by Coupons attached thereto, if any, only upon presentation and surrender thereof, and, as to the other installments of interest, if any, only upon presentation of such Securities for notation thereon of the payment of such interest, in each case subject to any restrictions that may be established pursuant to Section 2.3. The interest on Registered Securities (together with any Additional Amounts payable pursuant to the terms of such Securities) shall be payable only to or upon the written order of the Holders thereof and, at the option of the Issuer, may be paid by wire transfer or by mailing checks for such interest payable to or upon the written order of such Holders at their last addresses as they appear on the registry books of the Issuer.

Appears in 6 contracts

Samples: Senior Indenture (Enstar Group LTD), AXIS Specialty Finance LLC, AXIS Specialty Finance LLC

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Payment of Principal, Premium, Interest and Additional Amounts. The Issuer covenants and agrees for the benefit of each series of Securities that it will Corporation shall duly and punctually pay or cause to be paid the principal of, of (and premium, if any), interest, if any, and interest onAdditional Amounts, if any, on each of the Securities of such series (together with any Additional Amounts payable pursuant to the terms of such Securities) at the place or placesplace, at the respective times and in the manner provided in such the terms of the Securities and in the Coupons, if any, appertaining thereto and in this Indenture. The interest on Coupon Securities with Coupons attached (together with any Additional Amounts payable pursuant to the terms of such SecuritiesAmounts) shall be payable only upon presentation and surrender of the several Coupons for such interest installments as are evidenced thereby as they severally mature. If The interest, if any, on any temporary Unregistered Security provides that interest thereon may be paid while such Security is in temporary form, the interest on any such temporary Unregistered Security bearer securities (together with any Additional Amounts payable pursuant to the terms of such SecurityAmounts) shall be paid, as to the installments of interest evidenced by Coupons attached thereto, if any, only upon presentation and surrender thereof, and, as to the other installments of interest, if any, only upon presentation of such Securities for notation thereon of the payment of such interest, in each case subject to any restrictions that may be established pursuant to Section 2.3. The interest on Registered Securities (together with any Additional Amounts payable pursuant to the terms of such SecuritiesAmounts) shall be payable only to or upon the written order of the Holders thereof and, and at the option of the Issuer, Corporation may be paid by wire transfer or by (i) mailing checks for such interest payable to or upon the written order of such Holders at their last addresses as they appear on the registry books Security Register for such Securities or (ii) in the case of Holders of U.S. $10,000,000 or more in aggregate principal amount of such Registered Securities, by wire transfer of immediately available funds, but only if the IssuerTrustee has received wire transfer instructions in writing not less than 15 days prior to the applicable Interest Payment Date.

Appears in 4 contracts

Samples: Indenture (Visteon Corp), Indenture (Visteon Corp), Visteon Corp

Payment of Principal, Premium, Interest and Additional Amounts. The Issuer covenants and agrees for the benefit of each series of Securities that it Company will duly and punctually pay or cause to be paid the principal of, of (and premium, if any), interest, if any, and interest onAdditional Amounts, if any, on each of the Securities of such series (together with any Additional Amounts payable pursuant to the terms of such Securities) at the place or placesplace, at the respective times and in the manner provided in such the terms of the Securities and in the Coupons, if any, appertaining thereto and in this Indenture. The interest on Coupon Securities with Coupons attached (together with any Additional Amounts payable pursuant to the terms of such SecuritiesAmounts) shall be payable only upon presentation and surrender of the several Coupons for such interest installments as are evidenced thereby as they severally mature. If The interest, if any, on any temporary Unregistered Security provides that interest thereon may be paid while such Security is in temporary form, the interest on any such temporary Unregistered Security bearer Securities (together with any Additional Amounts payable pursuant to the terms of such SecurityAmounts) shall be paid, as to the installments of interest evidenced by Coupons attached thereto, if any, only upon presentation and surrender thereof, and, as to the other installments of interest, if any, only upon presentation of such Securities for notation thereon of the payment of such interest, in each case subject to any restrictions that may be established pursuant to Section 2.3. The interest on Registered Securities (together with any Additional Amounts payable pursuant to the terms of such SecuritiesAmounts) shall be payable only to or upon the written order of the Holders thereof and, and at the option of the Issuer, Company may be paid by wire transfer or by mailing checks for such interest payable to or upon the written order of such Holders at their last addresses as they appear on the registry books Security Register for such Securities unless otherwise specified in the terms of the IssuerSecurities of the series as contemplated by Section 2.01.

Appears in 3 contracts

Samples: Subordinated Indenture (Residential Capital Corp), Residential Capital Corp, Gmac Residential Holding Corp.

Payment of Principal, Premium, Interest and Additional Amounts. The Issuer covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay or cause to be paid the principal of, and premium, if any, and interest on, each of the Securities of such series (together with any Additional Amounts payable pursuant to the terms of such Securities) at the place or places, at the respective times and in the manner provided in such Securities and in the Coupons, if any, appertaining thereto and in this Indenture. The interest on Securities with Coupons attached (together with any Additional Amounts payable pursuant to the terms of such 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. If any temporary Unregistered Security provides that interest thereon may be paid while such Security is in temporary form, the interest on any such temporary Unregistered Security (together with any Additional Amounts payable pursuant to the terms of such Security) shall be paid, as to the installments of interest evidenced by Coupons attached thereto, if any, only upon presentation and surrender thereof, and, as to the other installments of interest, if any, only upon presentation of such Securities for notation thereon of the payment of such interest, in each case subject to any restrictions that may be established pursuant to Section 2.3. The interest on Registered Securities (together with any Additional Amounts payable pursuant to the terms of such Securities) shall be payable only to or upon the written order of the Holders thereof and, at the option of the IssuerIssuer or the Guarantor, may be paid by wire transfer or by mailing checks for such interest payable to or upon the written order of such Holders at their last addresses as they appear on the registry books of the Issuer.

Appears in 3 contracts

Samples: AXIS Specialty Finance LLC, AXIS Specialty Finance LLC, Senior Indenture (Axis Capital Holdings LTD)

Payment of Principal, Premium, Interest and Additional Amounts. The Issuer covenants and agrees for the benefit of each series of Securities that it will Corporation shall duly and punctually pay or cause to be paid the principal of, of (and premium, if any), interest, if any, and interest onAdditional Amounts, if any, on each of the Securities of such series (together with any Additional Amounts payable pursuant to the terms of such Securities) at the place or placesplace, at the respective times and in the manner provided in such the terms of the Securities and in the Coupons, if any, appertaining thereto and in this Indenture. The interest on Coupon Securities with Coupons attached (together with any Additional Amounts payable pursuant to the terms of such SecuritiesAmounts) shall be payable only upon presentation and surrender of the several Coupons for such interest installments as are evidenced thereby as they severally mature. If The interest, if any, on any temporary Unregistered Security provides that interest thereon may be paid while such Security is in temporary form, the interest on any such temporary Unregistered Security bearer securities (together with any Additional Amounts payable pursuant to the terms of such SecurityAmounts) shall be paid, as to the installments of interest evidenced by Coupons attached thereto, if any, only upon presentation and surrender thereof, and, as to the other installments of interest, if any, only upon presentation of such Securities for notation thereon of the payment of such interest, in each case subject to any restrictions that may be established pursuant to Section 2.3. The interest on Registered Securities (together with any Additional Amounts payable pursuant to the terms of such SecuritiesAmounts) shall be payable only to or upon the written order of the Holders thereof and, and at the option of the Issuer, Corporation may be paid by wire transfer or by (i) mailing checks for such interest payable to or upon the written order of such Holders at their last addresses as they appear on the registry books Security Register for such Securities or (ii) in the case of Holders of U.S.$10,000,000 or more in aggregate principal amount of such Registered Securities, by wire transfer of immediately available funds, but only if the IssuerTrustee has received wire transfer instructions in writing not less than 15 days prior to the applicable Interest Payment Date.

Appears in 1 contract

Samples: Visteon Corp

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Payment of Principal, Premium, Interest and Additional Amounts. The Issuer covenants and agrees for the benefit of each series of Securities that it Company will duly and punctually pay or cause to be paid the principal of, of (and premium, if any), interest, if any, and interest onAdditional Amounts, if any, on each of the Securities of such series (together with any Additional Amounts payable pursuant to the terms of such Securities) at the place or placesplace, at the respective times and in the manner provided in such the terms of the Securities and in the Coupons, if any, appertaining thereto and in this Indenture. The interest on Coupon Securities with Coupons attached (together with any Additional Amounts payable pursuant to the terms of such SecuritiesAmounts) shall be payable only upon presentation and surrender of the several Coupons coupons for such interest installments as are evidenced thereby as they severally mature. If The interest, if any, on any temporary Unregistered Security provides that interest thereon may be paid while such Security is in temporary form, the interest on any such temporary Unregistered Security bearer Securities (together with any Additional Amounts payable pursuant to the terms of such SecurityAmounts) shall be paid, as to the installments of interest evidenced by Coupons coupons attached thereto, if any, only upon presentation and surrender thereof, and, as to the other installments of interest, if any, only upon presentation of such Securities for notation thereon of the payment of such interest, in each case subject to any restrictions that may be established pursuant to Section 2.3. The interest on Registered Securities (together with any Additional Amounts payable pursuant to the terms of such SecuritiesAmounts) shall be payable only to or upon the written order of the Holders thereof and, and at the option of the Issuer, Company may be paid by wire transfer transfer, other electronic means or by mailing checks for such interest payable to or upon the written order of such Holders at their last addresses as they appear on the registry books of the IssuerSecurity Register for such Securities.

Appears in 1 contract

Samples: Indenture (Aon Corp)

Payment of Principal, Premium, Interest and Additional Amounts. The Issuer covenants and agrees for the benefit of each series of Securities that it Company will duly and punctually pay or cause to be paid the principal of, of (and premium, if any), interest, if any, and interest onAdditional Amounts, if any, on each of the Securities of such series (together with any Additional Amounts payable pursuant to the terms of such Securities) at the place or placesplace, at the respective times and in the manner provided in such the terms of the Securities and in the Coupons, if any, appertaining thereto and in this Indenture. The interest on Coupon Securities with Coupons attached (together with any Additional Amounts payable pursuant to the terms of such SecuritiesAmounts) shall be payable only upon presentation and surrender of the several Coupons coupons for such interest installments as are evidenced thereby as they severally mature. If The interest, if any, on any temporary Unregistered Security provides that interest thereon may be paid while such Security is in temporary form, the interest on any such temporary Unregistered Security bearer Securities (together with any Additional Amounts payable pursuant to the terms of such SecurityAmounts) shall be paid, as to the installments of interest evidenced by Coupons coupons attached thereto, if any, only upon presentation and surrender thereof, and, as to the other installments of interest, if any, only upon presentation of such Securities for notation thereon of the payment of such interest, in each case subject to any restrictions that may be established pursuant to Section 2.3. The interest on Registered Securities (together with any Additional Amounts payable pursuant to the terms of such SecuritiesAmounts) shall be payable only to or upon the written order of the Holders thereof and, and at the option of the Issuer, Company may be paid by wire transfer or by mailing checks for such interest payable to or upon the written order of such Holders at their last addresses as they appear on the registry books of the IssuerSecurity Register for such Securities.

Appears in 1 contract

Samples: Aon Corp

Payment of Principal, Premium, Interest and Additional Amounts. The Issuer covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay or cause to be paid the principal of, of (and premium, if any), interest, if any, and interest onAdditional Amounts, if any, on each of the Securities of such series (together with any Additional Amounts payable pursuant to the terms of such Securities) at the place or placesplace, at the respective times and in the manner provided in such the terms of the Securities and in the Coupons, if any, appertaining thereto and in this Indenture. The interest on Coupon Securities with Coupons attached (together with any Additional Amounts payable pursuant to the terms of such SecuritiesAmounts) shall be payable only upon presentation and surrender of the several Coupons for such interest installments as are evidenced thereby as they severally mature. If The interest, if any, on any temporary Unregistered Security provides that interest thereon may be paid while such Security is in temporary form, the interest on any such temporary Unregistered Security bearer Securities (together with any Additional Amounts payable pursuant to the terms of such SecurityAmounts) shall be paid, as to the installments of interest evidenced by Coupons attached thereto, if any, only upon presentation and surrender thereof, and, as to the other installments of interest, if any, only upon presentation of such Securities for notation thereon of the payment of such interest, in each case subject to any restrictions that may be established pursuant to Section 2.3. The interest on Registered Securities (together with any Additional Amounts payable pursuant to the terms of such SecuritiesAmounts) shall be payable only to or upon the written order of the Holders thereof and, and at the option of the Issuer, Issuer may be paid by wire transfer or by mailing checks for such interest payable to or upon the written order of such Holders at their last addresses as they appear on the registry books of the IssuerSecurity Register for such Securities.

Appears in 1 contract

Samples: General Motors Corp

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