Common use of Payment Permitted If No Default Clause in Contracts

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 or under the conditions described in Section 15.03 or 15.04, from making payments at any time of principal of (and premium, if any) or interest on the Securities.

Appears in 11 contracts

Samples: Indenture (Church & Dwight Co Inc /De/), Indenture (FMC Corp), Indenture (FMC Corp)

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Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 1302 or under the conditions described in Section 15.03 or 15.041303, from making payments at any time of principal of (and premium, if any, on) or interest on the SecuritiesNotes.

Appears in 11 contracts

Samples: Indenture (Paragon Health Network Inc), Indenture (Amphenol Corp /De/), Indenture (Kindercare Learning Centers Inc /De)

Payment Permitted If No Default. Nothing contained in this Article or Article, elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 1202 or under the conditions described in Section 15.03 or 15.041203, from making payments at any time of principal of (and of, premium, if any) , or interest on the Securities.

Appears in 11 contracts

Samples: Subordinated Indenture (Trustreet Properties Inc), Subordinated Indenture (Sinclair Television Co Ii Inc), Subordinated Indenture (Wsyt Licensee L P)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 14.02 or under the conditions described in Section 15.03 14.03 or 15.0414.04, from making payments at any time of principal of (and premium, if any) or interest on the Securities.

Appears in 11 contracts

Samples: Indenture (Wesbanco Inc), Indenture (Wesbanco Inc), Indenture (Wesbanco Inc)

Payment Permitted If No Default. Nothing contained in this Article or Article, elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding winding-up, assignment for the benefit of or creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 13.2 or under the conditions described in Section 15.03 or 15.0413.3, from making payments at any time of principal of (and of, premium, if any) , or interest on the Securities.

Appears in 9 contracts

Samples: Indenture (Bally Total Fitness Holding Corp), Indenture (Bally Total Fitness Holding Corp), Indenture (Bally Total Fitness Holding Corp)

Payment Permitted If No Default. Nothing contained in this Article or Article, elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding winding-up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 1402 or under the conditions described in Section 15.03 or 15.041403, from making payments at any time of principal of (and of, premium, if any) , or interest on the Securities.

Appears in 9 contracts

Samples: Indenture (Penske Automotive Group, Inc.), Exhibit (Sonic Automotive Clearwater Inc), Indenture (United Auto Group Inc)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 1102 or under the conditions described in Section 15.03 or 15.041103, from making payments at any time of principal of (and premium, if any) or interest on the Securities.

Appears in 8 contracts

Samples: Indenture (Capita Preferred Trust), Indenture (Enron Preferred Funding Ii L P), Indenture (Western Resources Inc /Ks)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 16.02 or under the conditions described in Section 15.03 16.03 or 15.0416.04, from making payments at any time of principal of (and premium, if any) or interest on the Securities.

Appears in 7 contracts

Samples: Subordinated Securities Agreement (Aqua America Inc), Subordinated Securities Agreement (Aqua America Inc), Indenture (Jefferies Group LLC)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 1202 or under the conditions described in Section 15.03 or 15.041203, from making payments at any time of principal of (of, and premium, if any) , or interest on the SecuritiesNotes.

Appears in 4 contracts

Samples: Indenture (Supreme International Corp), Indenture (United Artists Theatre Co), Indenture (Tmil Corp)

Payment Permitted If No Default. Nothing contained in this Article or Article, elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 13.2 or under the conditions described in Section 15.03 or 15.0413.3, from making payments at any time of principal of (and of, premium, if any) , or interest on the Securities.

Appears in 4 contracts

Samples: Ninth Supplemental Indenture (Penske Automotive Group, Inc.), Seventh Supplemental Indenture (Penske Automotive Group, Inc.), Third Supplemental Indenture (Penske Automotive Group, Inc.)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 15.2 or under the conditions described in Section 15.03 15.3 or 15.0415.4, from making payments at any time of principal of (and premium, if any) or interest on the Securities.

Appears in 2 contracts

Samples: Indenture (Royal Gold Inc /De/), Indenture (Royal Gold Inc /De/)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 4.02 or under the conditions described in Section 15.03 or 15.044.03, from making payments at any time of principal of (of, and premium, if any) , or interest on the Securities.

Appears in 2 contracts

Samples: Indenture (Centennial Puerto Rico Operations Corp), Indenture (Centennial Puerto Rico Operations Corp)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 1402 or under the conditions described in Section 15.03 or 15.041403, from making payments at any time of principal of (and premium, if any, on) or interest on the Securities.

Appears in 2 contracts

Samples: First Supplemental Indenture (Tyco International LTD /Ber/), Indenture (Tyco International LTD /Ber/)

Payment Permitted If No Default. Nothing contained in this Article 15 or elsewhere in this Indenture or in any of the Securities shall prevent the Company, Company at any time except during the pendency of any case, proceeding, dissolutionliquidation, liquidation dissolution or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 or under the conditions described in Section 15.03 or 15.0415.03, from making payments at any time of principal of (and or premium, if any, on) or interest interest, if any, on the Securities.

Appears in 2 contracts

Samples: Indenture (Estee Lauder Companies Inc), Indenture (Hughes Electronics Corp)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 1302 or under the conditions described in Section 15.03 or 15.041303, from making payments at any time of principal of (and premium, if any, on) or interest on the SecuritiesNotes.

Appears in 2 contracts

Samples: Indenture (Alliance Imaging Inc /De/), Indenture (Alliance Imaging Inc /De/)

Payment Permitted If No Default. Nothing contained in this Article or Article, elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 3.2 or under the conditions described in Section 15.03 or 15.043.3, from making payments at any time of principal of (and of, premium, if any) , or interest on the SecuritiesNotes.

Appears in 2 contracts

Samples: Indenture (Genesis Health Ventures Inc /Pa), Indenture (Genesis Health Ventures Inc /Pa)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 16.2 or under the conditions described in Section 15.03 or 15.0416.3, from making payments at any time of principal of (of, and premium, if any) , or interest on or with respect to the SecuritiesNotes.

Appears in 2 contracts

Samples: Indenture (MGM Mirage), Indenture (MGM Grand Inc)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 1402 or under the conditions described in Section 15.03 or 15.041403, from making payments at any time of principal of (and premium, if any) or interest or Liquidated Damages, if any, on the SecuritiesNotes.

Appears in 2 contracts

Samples: Indenture (Fleming Companies Inc /Ok/), Indenture (Fleming Companies Inc /Ok/)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 or under the conditions described in Section 15.03 or 15.041102, from making payments at any time of principal of (and premium, if any) or interest on the Securities.

Appears in 1 contract

Samples: Indenture (Rouse Company)

Payment Permitted If No Default. Nothing contained in this Article or Article, elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding winding-up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 1202 or under the conditions described in Section 15.03 or 15.041203, from making payments at any time of principal of (and of, premium, if any) , or interest on the SecuritiesNotes.

Appears in 1 contract

Samples: First Supplemental Indenture (Sonic Automotive Inc)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 or under the conditions described in Section 15.03 or 15.04, from making payments at any time of principal of (and premium, if any) or interest on the Securities.

Appears in 1 contract

Samples: Indenture (Primus Guaranty LTD)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 10.02 or under the conditions described in Section 15.03 or 15.0410.03, from making payments at any time of principal of (and premium, if any) or interest on the SecuritiesNotes.

Appears in 1 contract

Samples: Indenture (Fleming Companies Inc /Ok/)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 1302 or under the conditions described in Section 15.03 or 15.041303, from making payments at any time of principal of (and premiumof, or premium or Liquidated Damages, if any) , or interest on the Securities.. 102

Appears in 1 contract

Samples: Indenture (Rent a Center Inc De)

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Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 1502 or under the conditions described in Section 15.03 or 15.041503, from making payments at any time of principal of (of, and premium, if any) , or interest on the SecuritiesNotes.

Appears in 1 contract

Samples: Indenture (Nine West Group Inc /De)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 1502 or under the conditions described in Section 15.03 or 15.041503, from making payments at any time of principal of (and premium, if any) or interest on the SecuritiesNotes.

Appears in 1 contract

Samples: Indenture (Borg Warner Security Corp)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 1402 or under the conditions described in Section 15.03 or 15.041403, from making payments at any time of principal of (and premium, if any) or interest or Additional Interest, if any, on the SecuritiesNotes.

Appears in 1 contract

Samples: Indenture (Fleming Companies Inc /Ok/)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 10.02 or under the conditions described in Section 15.03 or 15.0410.03, from making payments at any time of principal of (and premium, if any) or interest or Additional Interest, if any, on the SecuritiesNotes.

Appears in 1 contract

Samples: Indenture (Fleming Companies Inc /Ok/)

Payment Permitted If No Default. Nothing contained in this Article or Article, elsewhere in this Indenture or in any of the other Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 1202 or under the conditions described in Section 15.03 or 15.041203, from making payments at any time of principal of (and of, premium, if any) , or interest on the Securities.

Appears in 1 contract

Samples: Exhibit (Salem Communications Corp /De/)

Payment Permitted If No Default. Nothing contained in this Article or Ten, elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 10.02 or under the conditions described in Section 15.03 or 15.0410.03, from making payments at any time of principal of (and premium, if any) or interest on the SecuritiesNotes.

Appears in 1 contract

Samples: Indenture (International Knife & Saw Inc)

Payment Permitted If No Default. Nothing contained in this Article or Article, elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 1202 or under the conditions described in Section 15.03 or 15.041203, from making payments at any time of principal of (and of, premium, if any) , or interest on the SecuritiesNotes.

Appears in 1 contract

Samples: Second Supplemental Indenture (Sonic Automotive Inc)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 12.2 or under the conditions described in Section 15.03 or 15.0412.3, from making payments at any time of principal of (of, and premium, if any) , or interest on the Securities.

Appears in 1 contract

Samples: Indenture (Centennial Cellular Corp)

Payment Permitted If No Default. Nothing contained in this Article Thirteen or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 1302 or - 146 - under the conditions described in Section 15.03 1303 or 15.04, 1304 from making payments at any time of principal of (and premium, if any) or interest on the Securities.

Appears in 1 contract

Samples: Indenture (Dimon Inc)

Payment Permitted If No Default. Nothing contained in this Article or Article, elsewhere in this Indenture or in any of the other Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 12.02 or under the conditions described in Section 15.03 or 15.0412.03, from making payments at any time of principal of (and of, premium, if any) , or interest on the Securities.

Appears in 1 contract

Samples: Exhibit (Salem Communications Corp /De/)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 1402 or under the conditions described in Section 15.03 or 15.041403, from making payments at any time of principal of (and premium, if any, on) or interest on the SecuritiesNotes.

Appears in 1 contract

Samples: Indenture (Accuride Corp)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Exchange Indenture or in any of the Securities Exchange Debentures shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 1202 or under the conditions described in Section 15.03 or 15.041203, from making payments at any time of principal of (of, and premium, if any) , or interest on the SecuritiesExchange Debentures.

Appears in 1 contract

Samples: Exchange Indenture (Tmil Corp)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, Company at any time except during the pendency of any case, proceeding, dissolutionliquidation, liquidation dissolution or other winding up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 1302 or under the conditions described in Section 15.03 or 15.041303, from making payments at any time of principal of (and or premium, if any) or interest on the SecuritiesSecurities or the payment of any coupon.

Appears in 1 contract

Samples: Indenture (Arvin Industries Inc)

Payment Permitted If No Default. Nothing contained in this Article or XVIII, elsewhere in this Indenture or in any of the Securities Notes shall prevent the Company, at any time except during the pendency of any case, proceeding, receivership, reorganization, dissolution, liquidation or other winding winding-up, assignment for the benefit of creditors or other marshaling of assets and liabilities of the Company referred to in Section 15.02 18.02 or under the conditions described in Section 15.03 or 15.0418.03, from making payments at any time of principal of (and of, premium, if any) , or interest on the SecuritiesNotes.

Appears in 1 contract

Samples: First Supplemental Indenture (Roper Industries Inc /De/)

Payment Permitted If No Default. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities of any series shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding winding-up, assignment for the benefit of creditors or other marshaling marshalling of assets and liabilities of the Company referred to in Section 15.02 1202 or under the conditions described in Section 15.03 1203 or 15.041204, from making payments at any time of principal of (and premium, if any) or interest on the Securities.

Appears in 1 contract

Samples: Indenture (COLORADO INTERSTATE ISSUING Corp)

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