Common use of Payment of Securities Clause in Contracts

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 48 contracts

Samples: Indenture (ARKO Corp.), Indenture (Murphy USA Inc.), Indenture (New Home Co Inc.)

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Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities. An installment of principal of or interest on the Securities and in this Indenture. Principal and interest shall be considered paid on the date it is due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture on that date money designated for and sufficient to pay all principal and interest then duethe installment. The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and ; it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 6 contracts

Samples: Indenture (Circus Finance Ii), Indenture (Circus Circus Enterprises Inc), Indenture (Circus Circus Enterprises Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at due and the rate specified therefor in Trustee or the SecuritiesPaying Agent, and it shall pay interest on overdue installments of interest at as the same rate case may be, is not prohibited from paying such money to the extent lawfulSecurityholders on that date pursuant to the terms of this Indenture.

Appears in 6 contracts

Samples: Indenture (Ixc Communications Inc), Indenture (Columbia Gas System Inc), Indenture (Amtrol Inc /Ri/)

Payment of Securities. The Company shall promptly pay or cause to be paid the principal of and interest on the Securities on the dates and in the manner provided in this Indenture and the Securities and in this IndentureSecurities. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent Agent, if other than the Company or an Affiliate, holds in accordance with this Indenture money on that date immediately available funds designated for and sufficient to pay all principal and interest then due. The To the extent lawful, the Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to per annum borne by the extent lawfulapplicable series of Securities.

Appears in 5 contracts

Samples: Subordinated Indenture (Midwest Banc Holdings Inc), Senior Indenture (Midwest Banc Holdings Inc), Indenture (Golden Star Resources LTD)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate per annum specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate borne by the Securities, to the extent lawful.

Appears in 5 contracts

Samples: Indenture (Rite Aid Corp), Indenture (Rite Aid Corp), Indenture (Rite Aid Corp)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal princi pal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 4 contracts

Samples: Indenture (Lenfest Communications Inc), Indenture (Navigator Gas Iom I-E LTD), Indenture (Boyd Gaming Corp)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at 1% per annum in excess of the rate specified therefor per annum set forth in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 3 contracts

Samples: Indenture (BMG North America LTD), Indenture (Oxford Automotive Inc), Indenture (MSX International Business Services Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the same rate specified therefor in borne by the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 3 contracts

Samples: Indenture (Ric Holding Inc), Indenture (Riverwood Holding Inc), Indenture (Riverwood Holding Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money immediately available funds sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 3 contracts

Samples: Indenture (Hallandale Commercial Corp.), Indenture (General Maritime Corp / MI), Indenture (Up Offshore (Holdings) Ltd.)

Payment of Securities. The Company shall promptly pay the principal Principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal Principal and interest then due. The Company shall pay interest on overdue principal Principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 2 contracts

Samples: Indenture (Revlon Inc /De/), Indenture (Revlon Consumer Products Corp)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this IndentureSecurities. Principal and An installment of principal or interest shall be considered paid on the date it is due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture on that date money designated for and sufficient to pay all principal and interest then duethe installment. The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and ; it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 2 contracts

Samples: Indenture (Thorn Apple Valley Inc), Indenture (Thorn Apple Valley Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities in Dollars on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 2 contracts

Samples: Indenture (Axtel Sab De Cv), Indenture (Installations & Hirings LTD)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate borne by the Securities to the extent lawful.

Appears in 2 contracts

Samples: Indenture (US Oncology Holdings, Inc.), Second Supplemental Indenture (Sovereign Bancorp Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then duedue in the Bond Payment Fund. The Company shall pay interest on overdue principal at the same rate specified as therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Hgu Investments Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Magnum Hunter Resources Corp)

Payment of Securities. The Company shall promptly pay the principal of and interest on 52 the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal of and interest on the Securities shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all such principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Citgo Petroleum Corp)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal princi pal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Hyster Overseas Capital Corp LLC)

Payment of Securities. The Company shall promptly pay principal and the principal of premium and interest interest, if any, on the Securities on the dates and in the manner provided in the Securities and in this IndentureSecurities. Principal and interest An installment of principal, or premium or interest, if any, on a Security shall be considered paid on the date it is due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture on that date money designated for and sufficient to pay all principal and interest then duethe same. The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and ; it shall pay interest on overdue installments of interest premium and interest, if any, at the same rate to the extent lawful.

Appears in 1 contract

Samples: First Supplemental Indenture (Texaco Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this IndentureSecurities. Principal and An installment of principal or interest shall be considered paid on the date it is due if on such date the Trustee or the Paying Agent holds such installment in accordance with this Indenture money sufficient to pay all principal and interest then immediately available funds at 9:00 A.M. on the date such installment is due. The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and ; it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Leucadia National Corp)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.. 40 34

Appears in 1 contract

Samples: Indenture (Phoenix Racing Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and An installment of principal or interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money on such date immediately available funds designated for and sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawfulsuch installment.

Appears in 1 contract

Samples: Indenture (Toms Foods Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and An installment of principal or interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money by 12:00 Noon on such date immediately available funds designated for and sufficient to pay all principal and interest then duesuch installment. The Company shall pay interest on overdue principal and (to the extent permitted by law) on overdue installments of interest at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Republic Engineered Steels Inc)

Payment of Securities. The Company shall promptly pay --------------------- the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Morrison Knudsen Corp//)

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Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this IndentureSecurities. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture on that date money designated for and sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and ; it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Form 8 A

Payment of Securities. (a) The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. Tr... (b) The Company shall pay interest on overdue principal at the rate specified therefor in borne by the Securities, and it shall pay interest on overdue installments of interest at the same rate borne by the Securities to the extent lawful.

Appears in 1 contract

Samples: Indenture

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and An installment of principal or interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money on such date immediately available funds designated for and sufficient to pay all principal and interest then duesuch installment. The Company shall pay interest on overdue principal at and (to the rate specified therefor in the Securities, and it shall pay interest extent permitted by law) on overdue installments of interest at the same a rate equal to the extent lawful.11% per --- annum. -----

Appears in 1 contract

Samples: Indenture (Continental Caribbean Containers Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this IndentureSecurities. Principal and interest shall will be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture on that date money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the interest rate specified therefor in borne by the Securities, and ; it shall pay interest on overdue installments of interest at the same interest rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Cimetrix Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this IndentureSecurities. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture on that date money sufficient to pay all principal and interest then due. The Company shall pay a default rate of interest on overdue principal at the rate specified therefor in borne by the Securities, and Securities plus 3%; it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Eagle Picher Industries Inc)

Payment of Securities. The Company shall will promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall will be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall will pay interest on overdue principal at 1% per annum in excess of the rate specified therefor per annum set forth in the Securities, and it shall will pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (General Automation Inc/Il)

Payment of Securities. The Company shall promptly pay the --------------------- principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate borne by the Securities to the extent lawful.

Appears in 1 contract

Samples: Indenture (Levi Strauss & Co)

Payment of Securities. The Company shall ------------------------ promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate borne by the Securities to the extent lawful.

Appears in 1 contract

Samples: Euro Indenture (Levi Strauss & Co)

Payment of Securities. The Company shall promptly pay the principal Principal of and interest interest, if any, on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal Principal and interest then due. The Company shall pay interest on overdue principal Principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Revlon Worldwide Parent Corp)

Payment of Securities. The Company shall promptly pay or cause to be paid the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the same rate specified therefor per annum set forth in the Securities, and it shall pay interest on overdue installments of interest at the same such rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Hollywood Entertainment Corp)

Payment of Securities. The Company shall --------------------- promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Seacor Smit Inc)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor therefore in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Tyson Foods Inc)

Payment of Securities. The Company shall ----------------------- promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate borne by the Securities to the extent lawful.

Appears in 1 contract

Samples: Indenture Agreement (Levi Strauss & Co)

Payment of Securities. The Company shall promptly pay the principal of and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal and interest shall be considered paid on the date due if as of 1:00 p.m. Eastern Time on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal and interest then due. The Company shall pay interest on overdue principal at the rate specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful.

Appears in 1 contract

Samples: Indenture (Goodyear Tire & Rubber Co /Oh/)

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