Common use of Payment Permitted in Certain Situations Clause in Contracts

Payment Permitted in Certain Situations. 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 marshalling of assets and liabilities of the Company referred to in Section 1402 or under the conditions described in Section 1403 or 1404, from making payments at any time of principal of (and premium, if any) or interest on the Securities.

Appears in 6 contracts

Samples: Indenture (Dime Bancorp Inc), Indenture (Fifth Third Capital Trust Iv), Indenture (Fifth Third Bancorp)

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Payment Permitted in Certain Situations. 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 marshalling of assets and liabilities of the Company referred to in Section 1402 14.02 or under the conditions described in Section 1403 14.03 or 140414.04, from making payments at any time of principal of (and premium, if any) or interest on the Securities.

Appears in 1 contract

Samples: Indenture (M&t Bank Corp)

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