Payment of Securities. The Company shall pay the principal of and interest on a Series on the dates and in the manner provided in the Securities of the Series. An installment of principal or interest shall be considered paid on the date it is due if the Paying Agent holds on that date money designated for and sufficient to pay the installment. The Company shall pay interest on overdue principal at the rate borne by the Series; it shall pay interest on overdue installments of interest at the same rate.
Appears in 21 contracts
Samples: Indenture (Collins & Aikman Products Co), Indenture (Beazer Homes Usa Inc), Indenture (Collins & Aikman Products Co)
Payment of Securities. The Company shall pay the principal of and interest on a Series on series in accordance with the dates and in the manner provided in terms of the Securities of for the Seriesseries, any related coupons, and this Indenture. An installment of principal or Principal and interest on a series shall be considered paid on the date it is due if the Paying Agent for the series holds on that date money designated for and sufficient to pay all principal and interest then due on the installment. The Company shall pay interest on overdue principal at the rate borne by the Series; it shall pay interest on overdue installments of interest at the same rateseries.
Appears in 10 contracts
Samples: Indenture (Western Resources Inc /Ks), Indenture (Cable Design Technologies Corp), Indenture (Alpharma Inc)
Payment of Securities. The Company shall pay the principal of and interest on Securities of a Series on the dates and in the manner provided in the Securities of the Series. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent holds on that date money immediately available legal tender funds designated for for, available and sufficient to pay the installment. The Company shall pay interest on overdue principal at the rate borne by the Series; it shall pay interest on overdue installments of interest at the same raterate to the extent lawful.
Appears in 6 contracts
Samples: Indenture (Toll Brothers Inc), Indenture (Toll Corp), Indenture (Toll Brothers Inc)
Payment of Securities. The Company shall pay the principal of and interest on a Series on the dates and in the manner provided in the Securities of the Series. An installment of principal or interest shall be considered paid on the date it is due due, if on that date the Paying Agent holds on that date money designated for and sufficient to pay the installment. The Company shall pay interest on overdue principal at the rate borne by the Series; it shall pay interest on overdue installments of interest at the same rate.
Appears in 6 contracts
Samples: Indenture (MDC Holdings Inc), Indenture (MDC Holdings Inc), Indenture (Key Production Co Inc)
Payment of Securities. The Company shall pay the principal of and interest on a Series series in accordance with the terms of that series, any related coupons, and this Indenture. Principal of and interest on the dates and in the manner provided in the Securities of the Series. An installment of principal or interest a series shall be considered paid on the date it is due if the Paying Agent for the series holds on that date money designated for and sufficient to pay all principal and interest then due on the installment. The Company shall pay interest on overdue principal at the rate borne by the Series; it shall pay interest on overdue installments of interest at the same rateseries.
Appears in 5 contracts
Samples: Indenture (Plexus Corp), Indenture (Microtune Inc), Indenture (Multimedia Games Inc)
Payment of Securities. The Company shall pay the principal of and interest on a Series series in accordance with the terms of the Securities for the series, any related coupons, and this Indenture. On each payment date, the Company shall have deposited with the Paying Agent in funds which are then immediately available money sufficient to pay all principal and interest then due on the dates series. Principal and in the manner provided in the Securities of the Series. An installment of principal or interest on a series shall be considered paid on the date it is due if the Paying Agent for the series holds on that date money designated for and sufficient to pay all principal and interest then due on the installment. The Company shall pay interest on overdue principal at the rate borne by the Series; it shall pay interest on overdue installments of interest at the same rateseries.
Appears in 5 contracts
Samples: Indenture (Wisconsin Gas Co), Indenture (Wisconsin Gas Co), Indenture (Wisconsin Power & Light Co)
Payment of Securities. The Company shall pay the principal of and interest on a the Securities of each Series on the dates and in the manner provided in the Securities of the Seriesand in this Indenture. An installment of principal or interest shall be considered paid on the date it is due if the Trustee or Paying Agent (other than the Company or a Sub- sidiary) holds on that date money designated for and sufficient to pay the installment. The Company shall pay interest on overdue principal at the rate borne by the Series; it shall pay interest on overdue installments of interest at the same ratein- stallment.
Appears in 2 contracts
Payment of Securities. The Company shall pay the principal of and interest on a Series on series in accordance with the dates and in the manner provided in terms of the Securities of for the Seriesseries and this Indenture. An installment of principal or Principal and interest on a series shall be considered paid on the date it is due if the Paying Agent for the series holds on that date money designated for and sufficient to pay all principal and interest then due on the installment. The Company shall pay interest on overdue principal at the rate borne by the Series; it shall pay interest on overdue installments of interest at the same rateseries.
Appears in 2 contracts
Samples: Indenture (Golden State Water CO), Indenture (American States Water Co)
Payment of Securities. The Company shall pay the principal of and interest on a Series the Securities on the dates and in the manner provided in the Securities of the SeriesSecurities. An installment of 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. The Company shall pay interest on overdue principal at the rate borne by the SeriesSecurities; it shall pay interest on overdue installments of interest at the same raterate 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 pay the principal of and interest on a Series on the dates dates, in the currency and in the manner provided in the Securities of the Series. An installment of principal or interest shall be considered paid on the date it is due if the Paying Agent holds on that date money in the applicable currency designated for and sufficient to pay the installment. The Company shall pay interest on overdue principal at the rate borne by the Series; it shall pay interest on overdue installments of interest at the same rate.
Appears in 1 contract
Samples: Indenture (Affirm Holdings, Inc.)