Common use of Payment of Senior Notes Clause in Contracts

Payment of Senior Notes. Anvil shall pay or cause to be paid the principal of, premium, if any, and interest on the Senior Notes on the dates and in the manner provided in the Senior Notes. Principal, premium, if any, and interest shall be considered paid on the date due if the Paying Agent, if other than Anvil or a Subsidiary thereof, holds as of 10:00 a.m. Eastern Time on the due date money deposited by Anvil in immediately available funds and designated for and sufficient to pay all principal, premium, if any, and interest then due. Anvil shall pay all Liquidated Damages, if any, in the same manner on the dates and in the amounts set forth in the Registration Rights Agreement. Anvil will promptly notify the Trustee of a Registration Default under the Registration Rights Agreement and any cure thereof. Anvil shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal at the rate equal to 1% per annum in excess of the then applicable interest rate on the Senior Notes to the extent lawful; it shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest and Liquidated Damages (without regard to any applicable grace period) at the same rate to the extent lawful.

Payment of Senior Notes. Anvil The Company or a Guarantor shall pay or cause to be paid the principal of, premium, if any, and interest and Liquidated Damages, if any, on the Senior Notes on the dates and in the manner provided in the Senior Notes. Principal, premium, if any, and interest and Liquidated Damages, if any, shall be considered paid on the date due if the Paying Agent, if other than Anvil the Company or a Subsidiary thereof, holds as of 10:00 a.m. Eastern Time on the due date money deposited by Anvil the Company in immediately available funds and designated for and sufficient to pay all principal, premium, if any, and interest and Liquidated Damages, if any, then due. Anvil The Company shall pay all Liquidated Damages, if any, in the same manner on the dates and in the amounts set forth in the Senior Registration Rights Agreement. Anvil will promptly notify the Trustee of The Company or a Registration Default under the Registration Rights Agreement and any cure thereof. Anvil Guarantor shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal at the rate equal to 1% per annum in excess of the then applicable interest rate on the Senior Notes to the extent lawful; it shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest and Liquidated Damages (without regard to any applicable grace period) at the same rate to the extent lawful.

Payment of Senior Notes. Anvil The Company or a Senior Note Guarantor shall pay or cause to be paid the principal of, premium, if any, and interest and Liquidated Damages, if any, on the Senior Notes on the dates and in the manner provided in the Senior Notes. Principal, premium, if any, and interest and Liquidated Damages, if any, shall be considered paid on the date due if the Paying Agent, if other than Anvil the Company or a Subsidiary thereof, holds as of 10:00 a.m. Eastern Time on the due date money deposited by Anvil the Company in immediately available funds and designated for and sufficient to pay all principal, premium, if any, and interest and Liquidated Damages, if any, then due. Anvil The Company shall pay all Liquidated Damages, if any, in the same manner on the dates and in the amounts set forth in the Registration Rights Agreement. Anvil will promptly notify the Trustee of The Company or a Registration Default under the Registration Rights Agreement and any cure thereof. Anvil Senior Note Guarantor shall pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal at the rate equal to 1% per annum in excess of the then applicable interest rate on the Senior Notes to the extent lawful; it shall pay interest (including post-post- petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest and Liquidated Damages (without regard to any applicable grace period) at the same rate to the extent lawful.