Common use of Payments May Be Paid Prior to Dissolution Clause in Contracts

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen or elsewhere in this Indenture shall prevent (a) the Company, except under the conditions described in Section 15.2 or Section 15.3, from making payments of principal of and premium, if any, and interest on the Securities, or from depositing with the Trustee any money for such payments, or (b) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and premium, if any, and interest on the Securities to the holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b) of this Indenture (or there shall have been an acceleration of the Securities prior to such application) or in Section 15.6 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.

Appears in 6 contracts

Samples: Just Energy Group Inc., Newpark Resources Inc, Indenture (Tetra Technologies Inc)

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Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen Fourteen or elsewhere in this Indenture shall prevent (ai) the Company, except under the conditions described in Section 15.2 14.2 or Section 15.314.3, from making payments of principal of and of, premium, if any, and interest on the Securities, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities to the holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b14.2(b) of this Indenture (or there shall have been an acceleration of the Securities prior to such application) or in Section 15.6 14.15 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.

Appears in 6 contracts

Samples: Alto Ingredients, Inc., Indenture (Globalstar, Inc.), Pacific Ethanol, Inc.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen Ten or elsewhere in this Indenture shall prevent (ai) the Company, Company except under the conditions described in Section 15.2 10.02 or Section 15.310.03, from making payments of principal of and of, premium, if any, and interest on the SecuritiesNotes, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities Notes to the holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b10.02(b) of this Indenture (or there shall have been an acceleration of the Securities Notes prior to such application) or in Section 15.6 10.06 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.

Appears in 3 contracts

Samples: Indenture (Scotsman Industries Inc), Indenture (Extended Stay America Inc), Scotsman Industries Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen Ten or elsewhere in this Indenture shall prevent (ai) the Company, except under the conditions described in Section 15.2 10.02 or Section 15.310.03, from making payments of principal of and of, premium, if any, and interest on the SecuritiesNotes, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities Notes to the holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b10.02(b) of this Indenture (or there shall have been an acceleration of the Securities Notes prior to such application) or in Section 15.6 10.06 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.

Appears in 2 contracts

Samples: Ingram Micro Inc, Primark Corp

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen or elsewhere in this Indenture shall prevent (ai) the Company, except under the conditions described in Section 15.2 or Section 15.3, from making payments of principal of and of, premium, if any, and interest on the Securities, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities to the holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b) of this Indenture (or there shall have been an acceleration of the Securities prior to such application) or in Section 15.6 15.15 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.

Appears in 2 contracts

Samples: DEP Operating Partnership, L.P., Constellation Energy Partners LLC

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen XV or elsewhere in this Indenture shall prevent (ai) the Company, Company except under the conditions described in Section 15.2 15.02 or Section 15.315.03, from making payments of principal of and of, premium, if any, and interest on the SecuritiesNotes, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities Notes to the holders of such Notes entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b15.02(b) of this Indenture hereof (or there shall have been an acceleration of the Securities Notes prior to such application) or in Section 15.6 of this Indenture15.06 hereof. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.

Appears in 2 contracts

Samples: Indenture (Agco Corp /De), Indenture (Agco Corp /De)

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen or elsewhere in this Indenture shall prevent (a) the CompanyPartnership, except under the conditions described in Section 15.2 or Section 15.3, from making payments of principal of and premium, if any, and interest on the Securities, or from depositing with the Trustee any money for such payments, or (b) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and premium, if any, and interest on the Securities to the holders entitled thereto unless, at least two three Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b) of this Indenture (or there shall have been an acceleration of the Securities prior to such applicationapplication which is known by a Responsible Officer of the Trustee prior to such acceleration) or in Section 15.6 of this Indenture. The Company Partnership shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the CompanyPartnership.

Appears in 2 contracts

Samples: Indenture (Cheniere Energy Partners, L.P.), Cheniere Energy Partners, L.P.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen XIV or elsewhere in this Indenture shall prevent (ai) the Company, Company except under the conditions described in Section 15.2 14.02 or Section 15.315.03, from making payments of principal of and of, premium, if any, and interest on the SecuritiesNotes, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities Notes to the holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b14.02(b) of this Indenture (or there shall have been an acceleration of the Securities Notes prior to such application) or in Section 15.6 of this Indenture14.06. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.

Appears in 1 contract

Samples: Indenture (Agco Corp /De)

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen or elsewhere in this Indenture shall prevent (a) the CompanyPartnership, except under the conditions described in Section 15.2 or Section 15.3, from making payments of principal of and premium, if any, and interest on the Securities, or from depositing with the Trustee any money for such payments, or (b) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and premium, if any, and interest on the Securities to the holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b) of this Indenture (or there shall have been an acceleration of the Securities prior to such application) or in Section 15.6 of this Indenture. The Company Partnership shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the CompanyPartnership.

Appears in 1 contract

Samples: Sanchez Production Partners LP

Payments May Be Paid Prior to Dissolution. Nothing contained in ------------------------------------------------ this Article Fifteen Ten or elsewhere in this Indenture shall prevent (ai) the Company, except under the conditions described in Section 15.2 10.02 or Section 15.310.03, from making payments of principal of and of, premium, if any, and interest on the SecuritiesNotes, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities Notes to the holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b10.02(b) of this Indenture (or there shall have been an acceleration of the Securities Notes prior to such application) or in Section 15.6 10.06 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.

Appears in 1 contract

Samples: CFW Communications Co

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen Ten or elsewhere in this Indenture shall prevent (ai) the Company, Company except under the conditions described in Section 15.2 10.02 or Section 15.310.03, from making payments of principal of and of, premium, if any, and interest on the SecuritiesDebentures, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities Debentures to the holders entitled thereto unless, at least two three Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b10.02(b) of this Indenture (or there shall have been an acceleration of the Securities Debentures prior to such application) or in Section 15.6 10.06 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of, or similar proceeding (including any assignment for the benefit of creditors or any marshalling of assets) with respect to, the Company.

Appears in 1 contract

Samples: Indenture (Regal Cinemas Inc)

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen Ten or elsewhere in this Indenture shall prevent (ai) the Company, Company except under the conditions described in Section 15.2 10.02 or Section 15.310.03, from making payments of principal of and of, premium, if any, and interest on the SecuritiesNotes, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities Notes to the holders Holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b10.02(b) of this Indenture (or there shall have been an acceleration of the Securities Notes prior to such application) or in Section 15.6 10.06 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.

Appears in 1 contract

Samples: Pagemart Wireless Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen Ten or elsewhere in this Indenture shall prevent (ai) the CompanyCompany or any Subsidiary Guarantor, except under the conditions described in Section 15.2 10.02 or Section 15.310.03, from making payments of principal of and of, premium, if any, and interest on the SecuritiesNotes, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities Notes to the holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b10.02(b) of this Indenture (or there shall have been an acceleration of the Securities Notes prior to such application) or in Section 15.6 10.06 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.

Appears in 1 contract

Samples: Knowles Electronics LLC

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Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen Ten or elsewhere in this Indenture shall prevent (ai) the Company, Company except under the conditions described in Section 15.2 10.02 or Section 15.310.03, from making payments of principal of and of, premium, if any, and interest on the SecuritiesNotes, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities Notes to the holders entitled thereto unless, at least two three Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b10.02(b) of this Indenture (or there shall have been an acceleration of the Securities Notes prior to such application) or in Section 15.6 10.06 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of, or similar proceeding (including any assignment for the benefit of creditors or any marshalling of assets) with respect to, the Company.

Appears in 1 contract

Samples: Indenture (Regal Cinemas Inc)

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen 15 or elsewhere in this Indenture shall prevent (ai) the Company, Company except under the conditions described in Section 15.2 15.02 or Section 15.315.03, from making payments of principal of and of, premium, if any, and interest on the SecuritiesNotes, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities Notes to the holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b15.02(b) of this Indenture (or there shall have been an acceleration of the Securities Notes prior to such application) or in Section 15.6 15.06 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.

Appears in 1 contract

Samples: Indenture (Agco Corp /De)

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen Ten or elsewhere in this Indenture shall prevent (ai) the Company, Company except under the conditions described in Section 15.2 10.02 or Section 15.310.03, from making payments of principal of and of, premium, if any, and interest on the SecuritiesNotes, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities Notes to the holders entitled thereto unless, at least two one Business Days Day prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b10.02(b) of this Indenture (or there shall have been an acceleration of the Securities Notes prior to such application) or in Section 15.6 of this Indenture10.06. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.

Appears in 1 contract

Samples: Indenture (Ccir of California Corp)

Payments May Be Paid Prior to Dissolution. Nothing ----------------------------------------- contained in this Article Fifteen Twelve or elsewhere in this Indenture shall prevent (ai) the Companya Subsidiary Guarantor, except under the conditions described in Section 15.2 12.02 or Section 15.312.03, from making payments of principal of and premium, if any, and interest on fulfilling any obligation arising under the SecuritiesNote Guarantees, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and premium, if any, and interest on fulfilling any obligation arising under the Securities Note Guarantees to the holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b12.02(b) of this Indenture (or there shall have been an acceleration of the Securities Note Guarantees prior to such application) or in Section 15.6 12.06 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Companysuch Subsidiary Guarantor.

Appears in 1 contract

Samples: Urs Corp /New/

Payments May Be Paid Prior to Dissolution. 104 Nothing contained in this Article Fifteen 14 or elsewhere in this Indenture shall prevent (ai) the Company, Company except under the conditions described in Section 15.2 14.02 or Section 15.314.03, from making payments of principal of and of, premium, if any, and interest on the SecuritiesNotes, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities Notes to the holders entitled thereto unless, at least two three Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b14.02(b) of this Indenture (or there shall have been an acceleration of the Securities Notes prior to such application) or in Section 15.6 14.06 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of, or similar proceeding (including any assignment for the benefit of creditors or any marshalling of assets) with respect to, the Company.

Appears in 1 contract

Samples: Protection One Alarm Monitoring Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen Four or elsewhere in this Indenture shall prevent (ai) the Company, Company except under the conditions described in Section 15.2 4.02 or Section 15.34.03, from making payments of principal of and of, premium, if any, and interest on the SecuritiesDebentures, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities Debentures to the holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b4.02(b) of this Indenture (or there shall have been an acceleration of the Securities Debentures prior to such application) or in Section 15.6 4.06 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.

Appears in 1 contract

Samples: Viatel Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen Eleven or elsewhere in this Indenture shall prevent (ai) the Company, Company except under the conditions described in Section 15.2 11.02 or Section 15.311.03, from making payments of principal of and of, premium, if any, and interest on the Securities, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities to the holders Holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b11.02(b) of this Indenture (or there shall have been an acceleration of the Securities prior to such application) or in Section 15.6 11.06 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.. 82 75

Appears in 1 contract

Samples: GST Telecommunications Inc

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Fifteen X or elsewhere in this Indenture shall prevent (ai) the Company, Company except under the conditions described in Section 15.2 10.02 or Section 15.310.03, from making payments of principal of and of, premium, if any, and interest on the SecuritiesNotes, or from depositing with the Trustee any money for such payments, or (bii) the application by the Trustee of any money deposited with it for the purpose of making such payments of principal of and of, premium, if any, and interest on the Securities Notes to the holders entitled thereto unless, at least two Business Days prior to the date upon which such payment becomes due and payable, the Trustee shall have received the written notice provided for in Section 15.2(b10.02(b) of this Indenture (or there shall have been an acceleration of the Securities Notes prior to such application) or in Section 15.6 10.06 of this Indenture. The Company shall give prompt written notice to the Trustee of any dissolution, winding up, liquidation or reorganization of the Company.

Appears in 1 contract

Samples: Indenture (Extended Stay America Inc)

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