Common use of Payment of Principal, Premium Clause in Contracts

Payment of Principal, Premium. if any, and Interest, if any. Each Issuer covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay the principal of (and premium, if any) and interest, if any, on the Securities of that series in accordance with the terms of the Securities, any coupons appertaining thereto and this Indenture. Unless otherwise specified as contemplated by Section 3.01 with respect to any series of Securities, any interest due on Bearer Securities on or before Maturity shall be payable only upon presentation and surrender of the several coupons for such interest installments as are evidenced thereby as they severally mature.

Appears in 2 contracts

Samples: Supplemental Indenture No. (Cooper Wiring Devices, Inc.), Indenture (Eaton Corp PLC)

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Payment of Principal, Premium. if any, and Interest, if any. Each Issuer covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay the principal of (and premium, if any) and interest, if any, on the Securities of that series in accordance with the terms of the Securities, any coupons appertaining thereto and this Indenture. Unless otherwise specified as contemplated by Section 3.01 301 with respect to any series of Securities, any interest due on Bearer Securities on or before Maturity shall be payable only upon presentation and surrender of the several coupons for such interest installments as are evidenced thereby as they severally mature.

Appears in 1 contract

Samples: Cooper Offshore Holdings S.a.r.l.

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Payment of Principal, Premium. if any, and Interest, if any. Each Issuer covenants Interest The Issuers covenant and agrees agree for the benefit of the Holders of each series Series of Securities Notes and any related coupons that it they will duly and punctually pay the principal of (and premium, if any) and interest, if any, on the Securities Notes of that series Series in accordance with the terms of the SecuritiesNotes, any coupons appertaining thereto and this Indenture. Unless otherwise specified as contemplated by Section 3.01 3.1 with respect to any series Series of SecuritiesNotes, any interest installments due on Bearer Securities Notes on or before Maturity shall be payable only upon presentation and surrender of the several coupons for such interest installments as are evidenced thereby as they severally mature.

Appears in 1 contract

Samples: Indenture (Brookfield Infrastructure Partners L.P.)

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