Common use of Payments on Debentures Permitted Clause in Contracts

Payments on Debentures Permitted. Except as expressly provided in this Article, nothing contained in this Article shall affect the obligation of the Company to make, or prevent the Company from making, payments of the principal of or interest on the Debentures in accordance with the provisions hereof and thereof, or shall prevent the Trustee or any Paying Agent from applying any moneys deposited with it hereunder to the payment of the principal of or interest on the Debentures.

Appears in 9 contracts

Samples: New York Community Bancorp Inc, Supplemental Indenture (Sovereign Bancorp Inc), Supplemental Indenture (New York Community Capital Trust I)

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Payments on Debentures Permitted. Except as expressly provided in this Article, nothing Nothing contained in this Article or elsewhere in this Indenture or in any of the Debentures shall affect the obligation of the Company to make, or prevent the Company from making, payments payment of the principal of or interest on the Debentures in accordance with the provisions hereof and thereofhereof, or shall prevent the Trustee or any Paying Agent from applying any moneys deposited with it hereunder to the payment of the principal of or interest on the Debenturesexcept as otherwise provided in this Article.

Appears in 4 contracts

Samples: Indenture (Bankatlantic Bancorp Inc), Indenture (Republic Bancshares Inc), Indenture (Republic Bancshares Inc)

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Payments on Debentures Permitted. Except as expressly provided in this Article, nothing contained in this Article shall affect the obligation of the Company to make, or prevent the Company from making, payments of the principal of of, or premium, if any, or interest (including Liquidated Damages, if any) on the Debentures in accordance with the provisions hereof and thereof, or shall prevent the Trustee or any Paying Agent from applying any moneys deposited with it hereunder to the payment of the principal of of, or premium, if any, or interest (including Liquidated Damages, if any) on the Debentures.

Appears in 1 contract

Samples: Resale Registration Rights Agreement (Primus Telecommunications Group Inc)

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