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 (a) 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 13.03 or under the other conditions described in Section 13.02 or 13.03, from making payments at any time of or on account of the principal of (and premium, if any), interest or any Additional Amounts, if any, on the Securities or on account of the purchase or other acquisition of the Securities, or (b) the application by the Trustee of any money deposited with it hereunder to the payment of or on account of the principal of (and premium, if any), interest or any Additional Amounts, if any, on the Securities or the retention of such payment by the Holders, if, at the time of such application by the Trustee, it did not have knowledge that such payment would have been prohibited by the provisions of this Article.

Payment Permitted in Certain Situations. Nothing contained --------------------------------------- in this Article 15 or elsewhere in this the Indenture or in any of the Securities of any series (or any Coupons appertaining thereto) shall prevent (a) the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding-up, assignment for liquidation or reorganization of the benefit of creditors Company, whether voluntary or involuntary or any bankruptcy, insolvency, receivership or other marshalling of assets and liabilities proceedings of the Company referred to in Section 13.03 15.2 or under the other conditions described in Section 13.02 or 13.0315.3, from making payments at any time of principal of, or on account of the principal of (and premium, if any), or interest or any Additional Amounts, if any, on the Securities or on account of the purchase or other acquisition of the Securitiessuch series, or (b) the application by the Trustee of any money deposited with it hereunder to the payment of or on account of the principal of (and of, or premium, if any), or interest or any Additional Amounts, if any, on the Securities of such series (or any Coupons appertaining thereto) or the retention of such payment by the Holders, if, at the time of such application by the Trustee, it did not have knowledge that such payment would have been prohibited by the provisions of this ArticleArticle 15.

Payment Permitted in Certain Situations. Nothing --------------------------------------- contained in this Article 15 or elsewhere in this the Indenture or in any of the Securities of any series (or any Coupons appertaining thereto) shall prevent (a) the Company, at any time except during the pendency of any casedissolution, proceeding, dissolutionwinding- up, liquidation or other winding-upreorganization of the Company, assignment for the benefit of creditors whether voluntary or involuntary or any bankruptcy, insolvency, receivership or other marshalling of assets and liabilities proceedings of the Company referred to in Section 13.03 15.2 or under the other conditions described in Section 13.02 or 13.0315.3, from making payments at any time of principal of, or on account of the principal of (and premium, if any), or interest or any Additional Amounts, if any, on the Securities or on account of the purchase or other acquisition of the Securitiessuch series, or (b) the application by the Trustee of any money deposited with it hereunder to the payment of or on account of the principal of (and of, or premium, if any), or interest or any Additional Amounts, if any, on the Securities of such series (or any Coupons appertaining thereto) or the retention of such payment by the Holders, if, at the time of such application by the Trustee, it did not have knowledge that such payment would have been prohibited by the provisions of this ArticleArticle 15.

Payment Permitted in Certain Situations. Nothing contained in this Article Thirteen or elsewhere in this Indenture or in any of the Securities shall prevent (a) 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 marshalling of assets and liabilities of the Company referred to in Section 13.03 1302 or under the other conditions described in Section 13.02 1303 or 13.031304, from making payments at any time of or on account of the principal of (and premium, if any), interest on) or any Additional Amountsinterest, if any, on the Securities Securities, or on account of the purchase or other acquisition of the Securities, or (b) the application by the Trustee of any money deposited with it hereunder to the payment of or on account of the principal of (and premium, if any), interest on) or any Additional Amountsinterest, if any, on the Securities or the retention of such payment by the Holders, if, at the time of such application by the Trustee, it did not have knowledge that such payment would have been prohibited by the provisions of this ArticleArticle Thirteen.

Payment Permitted in Certain Situations. Nothing contained in this Article 15 or elsewhere in this the Indenture or in any of the Securities of any series (or any Coupons appertaining thereto) shall prevent (a) the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding-up, assignment for liquidation or reorganization of the benefit of creditors Company, whether voluntary or involuntary or any bankruptcy, insolvency, receivership or other marshalling of assets and liabilities proceedings of the Company referred to in Section 13.03 15.2 or under the other conditions described in Section 13.02 15.3 or 13.03Section 15.4, from making payments at any time of principal of, or on account of the principal of (and premium, if any), or interest or any Additional Amounts, if any, on the Securities or on account of the purchase or other acquisition of the Securitiessuch series, or (b) the application by the Trustee of any money deposited with it hereunder to the payment of or on account of the principal of (and of, or premium, if any), or interest or any Additional Amounts, if any, on the Securities of such series (or any Coupons appertaining thereto) or the retention of such payment by the Holders, if, at the time of such application by the Trustee, it did not have knowledge that such payment would have been prohibited by the provisions of this ArticleArticle 15.

Payment Permitted in Certain Situations. Nothing contained in this Article 15 or elsewhere in this the Indenture or in any of the Securities of any series (or any Coupons appertaining thereto) shall prevent (a) the Company, at any time except during the pendency of any casedissolution, proceeding, dissolutionwinding- up, liquidation or other winding-upreorganization of the Company, assignment for the benefit of creditors whether voluntary or involuntary or any bankruptcy, insolvency, receivership or other marshalling of assets and liabilities proceedings of the Company referred to in Section 13.03 15.2 or under the other conditions described in Section 13.02 or 13.0315.3, from making payments at any time of principal of, or on account of the principal of (and premium, if any), or interest or any Additional Amounts, if any, on the Securities or on account of the purchase or other acquisition of the Securitiessuch series, or (b) the application by the Trustee of any money deposited with it hereunder to the payment of or on account of the principal of (and of, or premium, if any), or interest or any Additional Amounts, if any, on the Securities of such series (or any Coupons appertaining thereto) or the retention of such payment by the Holders, if, at the time of such application by the Trustee, it did not have knowledge that such payment would have been prohibited by the provisions of this ArticleArticle 15.

Payment Permitted in Certain Situations. Nothing contained --------------------------------------- in this Article 15 or elsewhere in this the Indenture or in any of the Securities of any series (or any Coupons appertaining thereto) shall prevent (a) the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding-up, assignment for liquidation or reorganization of the benefit of creditors Company, whether voluntary or involuntary or any bankruptcy, insolvency, receivership or other marshalling of assets and liabilities proceedings of the Company referred to in Section 13.03 15.2 or under the other conditions described in Section 13.02 15.3 or 13.0315.4, from making payments at any time of principal of, or on account of the principal of (and premium, if any), or interest or any Additional Amounts, if any, on the Securities or on account of the purchase or other acquisition of the Securitiessuch series, or (b) the application by the Trustee of any money deposited with it hereunder to the payment of or on account of the principal of (and of, or premium, if any), or interest or any Additional Amounts, if any, on the Securities of such series (or any Coupons appertaining thereto) or the retention of such payment by the Holders, if, at the time of such application by the Trustee, it did not have knowledge that such payment would have been prohibited by the provisions of this ArticleArticle 15.

Payment Permitted in Certain Situations. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent (a) 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 marshalling of assets and liabilities of the Company referred to in Section 13.03 13.2 or under the other conditions described in Section 13.02 13.3 or 13.0313.4, from making payments at any time of or on account of the principal of (and of, premium, if any), interest or any Additional Amounts, if any, any or interest on the Securities or on account of the purchase or other acquisition of the Securities, or (b) the application by the Trustee of any money deposited with it hereunder to the payment of or on account of the principal of (and of, premium, if any), interest or any Additional Amounts, if any, or interest on the Securities or the retention of such payment by the Holders, if, at the time of such application by the Trustee, it did not have knowledge (in accordance with Section 13.6) that such payment would have been prohibited by the provisions of this Article.