Common use of Payment of Principal, Premium 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 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 and this Indenture. An installment of principal, premium, if any, or interest, if any, of any Additional Amounts 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 4 contracts

Samples: Indenture (Amerus Life Holdings Inc), Indenture (Ocwen Financial Corp), Indenture (Ocwen Financial Corp)

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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 80 punctually pay the principal of, premium, if any, and 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 and this Indenture. An installment of principal, premium, if any, or interest, if any, of any Additional Amounts 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: Indenture (Amerus Life Holdings Inc)

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Payment of Principal, Premium. if any, and Interest, if any. The Company covenants and agrees for the benefit of the Holders of each series of Outstanding Securities that it will duly and punctually pay the principal of, premium, if any, and interest together with Additional Amountsinterest, 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, or interest, if any, of any Additional Amounts 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: Indenture (Federal Mogul U K Holdings Inc)

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