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 Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Securities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Securities to the Holders entitled thereto unless at least one Business Day prior to the date upon which such payment would otherwise become due and payable, the Trustee shall have received the written notice provided for in Section 10.02(a) or in Section 10.07. The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten Twelve or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 12.02 and 10.0312.03, from making payments at any time for the purpose of making payments of principal of and interest on the Securities, or from depositing with the Trustee any moneys monies for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 12.02 or 10.0312.03, the application by the Trustee of any moneys monies deposited with it for the purpose of making such payments of principal of, and interest on, the Securities to the Holders entitled thereto unless at least one Business Day prior to the date upon which such payment would otherwise become due and payable, the Trustee shall have received the written notice provided for in Section 10.02(a12.02(a) or in Section 10.0712.07. The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten 13 or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 Section 13.2 and 10.03Section 13.3, from making payments at any time for the purpose of making payments of principal of and interest on the Securities, or from depositing with the Trustee any moneys monies for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 13.2 or 10.03Section 13.3, the application by the Trustee of any moneys monies deposited with it for the purpose of making such payments of principal of, and interest on, the Securities to the Holders entitled thereto unless at least one Business Day prior to the date upon which such payment would otherwise become due and payable, the Trustee shall have received the written notice provided for in Section 10.02(a13.2(a) or in Section 10.0713.7. The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten 11 or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 11.2 and 10.0311.3, from making payments at any time for the purpose of making payments of principal of and interest on the SecuritiesNotes, or from depositing with the Trustee any moneys monies for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 11.2 or 10.0311.3, the application by the Trustee of any moneys monies deposited with it for the purpose of making such payments of principal of, and interest on, the Securities Notes to the Holders entitled thereto unless at least one Business Day prior to the date upon which such payment would otherwise become due and payable, the Trustee shall have received the written notice provided for in Section 10.02(a11.2(a) or in Section 10.0711.7. The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Securities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment -- would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Securities to the Holders entitled thereto unless at least one Business Day prior to the date upon which such payment would otherwise become due and payable, the Trustee shall have received the written notice provided for in Section 10.02(a) or in Section 10.07. The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten Twelve or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 12.02 and 10.0312.03, from making payments at any time for the purpose of making payments of principal of and interest on the Securities, or from depositing with the Trustee any moneys monies for such payments, or (ii) in the absence of actual knowledge by a Responsible Officer of the Trustee that a given payment would be prohibited by Section 10.02 12.02 or 10.0312.03, the application by the Trustee of any moneys monies deposited with it for the purpose of making such payments of principal of, and interest on, the Securities to the Holders entitled thereto unless at least one Business Day prior to the date upon which such payment would otherwise become due and payable, the Trustee shall have received the written notice provided for in Section 10.02(a12.02(a) or in Section 10.0712.07. The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments in respect of principal of and interest on the SecuritiesNotes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Securities Notes to the Holders entitled thereto unless at least one two Business Day Days prior to the date upon which such payment would otherwise become due and payable, payable a Trust Officer (or any Assistant Vice President or Assistant Secretary of the Trustee Trustee) shall have actually received the written notice provided for in the second sentence of Section 10.02(a) or in Section 10.0710.07 (provided that, notwithstanding the foregoing, such application shall otherwise be subject to the provisions of the first sentence of Section 10.02(a) and Section 10.03). The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten 9 or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03Section 9.2, from making payments at any time for the purpose of making such payments of principal of of, premium, if any, and interest on the Securities in accordance with the provisions of this Indenture and the Securities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee (subject to the conditions contained in Section 9.2) of any moneys deposited with it for the purpose of making such payments of principal of, premium, if any, and interest onon the Securities, the Securities to the Holders entitled thereto unless at least one Business Day prior to the date day upon which such payment would otherwise (except for the prohibitions contained in Section 9.2) become due and payable, the Trustee shall have received the written notice provided for in Section 10.02(a9.2(c) or in Section 10.079.9. The Company shall give prompt written notice to the Trustee of any dissolution, winding-winding up, liquidation or reorganization of the Company.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten 10 or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Securities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Securities to the Holders entitled thereto unless at least one Business Day prior to the date upon which such payment would otherwise become due and payable, the Trustee shall have received the written notice provided for in Section 10.02(a) or in Section 10.07. The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the Securities, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Securities to the Holders entitled thereto unless at least one three Business Day Days prior to the date upon which such payment would otherwise become due and payable, the Trustee shall have received the written notice provided for in Section 10.02(a) or in Section 10.07. The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the SecuritiesNotes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, and interest on, the Securities Notes to the Holders entitled thereto unless at least one two Business Day Days prior to the date upon which such payment would otherwise become due and payable, the Trustee payable a Trust Officer shall have actually received the written notice provided for in the second sentence of Section 10.02(a) or in Section 10.07. The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten Twelve or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 12.02 and 10.0312.03, from making payments at any time for the purpose of making payments of principal of and interest on the Securities, or from depositing with the Trustee any moneys monies for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited pro- hibited by Section 10.02 12.02 or 10.0312.03, the application by the Trustee of any moneys monies deposited with it for the purpose of making such payments of principal of, and interest on, the Securities to the Holders entitled thereto unless at least one Business Day prior to the date upon which such payment would otherwise become due and payable, the Trustee shall have received the written notice provided for in Section 10.02(a12.02(a) or in Section 10.0712.07. The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten 12 or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 12.2 and 10.0312.3, from making payments at any time for the purpose of making payments of principal of and interest on the SecuritiesDebentures, or from depositing with the Trustee any moneys monies for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 12.2 or 10.0312.3, the application by the Trustee of any moneys monies deposited with it for the purpose of making such payments of principal of, and interest on, the Securities Debentures to the Holders entitled thereto unless at least one Business Day prior to the date upon which such payment would otherwise become due and payable, the Trustee shall have received the written notice provided for in Section 10.02(a) 12.2 or in Section 10.0712.7. The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten Twelve or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 12.02 and 10.0312.03, from making payments at any time for the purpose of making payments of principal of and interest on the Securities, or from depositing with the Trustee any moneys monies for such payments, or (ii) in the 159 -149- absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 12.02 or 10.0312.03, the application by the Trustee of any moneys monies deposited with it for the purpose of making such payments of principal of, and interest on, the Securities to the Holders entitled thereto unless at least one Business Day prior to the date upon which such payment would otherwise become due and payable, the Trustee shall have received the written notice provided for in Section 10.02(a12.02(a) or in Section 10.0712.07. The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.

Payments May Be Paid Prior to Dissolution. Nothing contained in this Article Ten or elsewhere in this Indenture shall prevent (i) the Company, except under the conditions described in Sections 10.02 and 10.03, from making payments at any time for the purpose of making payments of principal of and interest on the SecuritiesNotes, or from depositing with the Trustee any moneys for such payments, or (ii) in the absence of actual knowledge by the Trustee that a given payment would be prohibited by Section 10.02 or 10.03, the application by the Trustee of any moneys deposited with it for the purpose of making such payments of principal of, of and interest onon the Notes, the Securities to the Holders entitled thereto unless at least one Business Day prior to the date upon which such payment would otherwise become due and payable, the Trustee shall have received the written notice provided for in Section 10.02(a) or in Section 10.07. The Company shall give prompt written notice to the Trustee of any dissolution, winding-up, liquidation or reorganization of the Company.. 106 -97-