Common use of Payment of Senior Notes Clause in Contracts

Payment of Senior Notes. The Issuers shall promptly pay the principal of and interest on the Senior Notes on the dates and in the manner provided in the Senior Notes and in this Senior Notes Indenture. An installment of principal of or interest shall be considered paid on the date due if on the Business Day prior to such date the Trustee or the Paying Agent holds as of 10:00 a.m. New York time money in immediately available funds sufficient to pay such principal or interest due for payment on the following Business Day, and the Trustee or the Paying Agent, as the case may be, is not prohibited from paying such money to the Holders on that date pursuant to the terms of this Senior Notes Indenture. The Issuers shall pay interest on overdue principal at the rate specified therefor in the Senior Notes, and it shall pay interest on overdue installments of interest at the same rate borne by the Senior Notes to the extent lawful. Wherever in this Senior Notes Indenture, the Senior Notes or any Senior Note Guarantee there is mentioned, in any context: (1) the payment of principal, (2) redemption prices or purchase prices in connection with a redemption or purchase of the Senior Notes, (3) interest, or (4) any other amount payable on or with respect to any of the Senior Notes or any Senior Note Guarantee, such reference shall be deemed to include payment of Additional Amounts as set forth in Section 4.15 to the extent that, in such context, Additional Amounts are, were or would be payable in respect thereof.

Payment of Senior Notes. The Issuers shall promptly pay the principal of and interest on the Senior Notes on the dates and in the manner provided in the Senior Notes and in this Senior Notes Indenture. An installment of principal of or interest shall be considered paid on the date due if on the Business Day prior to such date the Trustee or the Paying Agent holds as of 10:00 a.m. New York time money in immediately available funds sufficient to pay such principal or interest due for payment on the following Business Day, and the Trustee or the Paying Agent, as the case may be, is not prohibited from paying such money to the Holders on that date pursuant to the terms of this Senior Notes Indenture. The Issuers shall pay interest on overdue principal at the rate specified therefor in the Senior Notes, and it shall pay interest on overdue installments of interest at the same rate borne by the Senior Notes to the extent lawful. Wherever in this Senior Notes Indenture, the Senior Notes or any Senior Note Guarantee there is mentioned, in any context: (1) the payment of principal, (2) redemption prices or purchase prices in connection with a redemption or purchase of the Senior Notes, (3) interest, or (4) any other amount payable on or with respect to any of the Senior Notes or any Senior Note Guarantee, such reference shall be deemed to include payment of Additional Amounts as set forth in Section 4.15 to the extent that, in such context, Additional Amounts are, were or would be payable in respect thereof.

Payment of Senior Notes. The Issuers Company shall promptly pay the principal of of, premium, if any, and interest interest, which begins accruing on January 1, 1999, on the Senior Notes on the dates and in the manner provided in the Senior Notes Notes, the Sharing Agreement and in this Indenture, including the payment of the Initial Principal Payment on the Initial Principal Payment Date. To the extent that the Company issues Senior Notes Indentureafter the Issue Date, the payment of interest on the first Interest Payment Date subsequent to the issuance of such Senior Notes shall include interest accrued from January 1, 1999 on such Senior Notes. An installment of principal of principal, premium, if any, or interest shall be considered paid on the date it is due if on the Business Day prior to such date the Trustee or the Paying Agent holds as of 10:00 a.m. New York time on that date money in immediately available funds designated for and sufficient to pay such installment. If the Sharing Conditions (as set forth in the Sharing Agreement) have been fulfilled, under the Sharing Agreement, the Holders are entitled to share in any principal or interest due for payment on payments made by the following Business DayIRF Obligors with respect to the IRF Note (the "Shared Payments"), and pari passu with Omega. Together with Holders' portion of any Shared Payment, the Company shall submit to the Trustee an accounting of the Holders' portion of such Shared Payment. Additionally, the Company shall designate the Holders' Shared Payment as either interest or the Paying Agent, as the case may be, is not prohibited from paying such money to the Holders on that date pursuant to the terms of this Senior Notes Indentureprincipal. The Issuers Company shall pay additional interest on overdue principal at the rate specified therefor (including post-petition interest in the Senior Notesa proceeding under any Bankruptcy Law) and overdue interest, and it shall pay interest on overdue installments of interest at the same rate borne by the Senior Notes to the extent lawful. Wherever in this Senior Notes Indenture, at the Senior Notes or any Senior Note Guarantee there is mentioned, in any context: (1) the payment of principal, (2) redemption prices or purchase prices in connection with a redemption or purchase of the Senior Notes, (3) interest, or (4) any other amount payable on or with respect rate equal to any of the Senior Notes or any Senior Note Guarantee, such reference shall be deemed to include payment of Additional Amounts as set forth in Section 4.15 to the extent that, in such context, Additional Amounts are, were or would be payable in respect thereof.75% per annum.