Common use of Payments on Securities Permitted Clause in Contracts

Payments on Securities 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 premium, if any, or interest, including Special Interest, if any, on the Securities 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 premium, if any, or interest, including Special Interest, if any, on the Securities.

Appears in 2 contracts

Samples: Indenture (Vertex Pharmaceuticals Inc / Ma), Indenture (Vertex Pharmaceuticals Inc / Ma)

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Payments on Securities Permitted. Except as expressly provided in this ArticleArticle 12, nothing contained in this Article 12 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 Special Interest, if any, interest on the Securities 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 Special Interest, if any, interest on the Securities.

Appears in 2 contracts

Samples: Indenture (Apex Silver Mines LTD), Apex Silver Mines LTD

Payments on Securities 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 Principal of, or premium, if any, or interest, including Special Interest, if any, Interest on the Securities 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, Principal of or premium, if any, or interest, including Special Interest, if any, Interest on the Securities.

Appears in 1 contract

Samples: Indenture (Networks Associates Inc/)

Payments on Securities 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 premium, if any, or interest, including Special Interest, if any, interest on the Securities 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 premium, if any, or interest, including Special Interest, if any, interest on the Securities.

Appears in 1 contract

Samples: Indenture (Cv Therapeutics Inc)

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Payments on Securities Permitted. Except as expressly provided in this Article, nothing Nothing contained in this Article 14 or elsewhere in this Indenture, or in any of the Securities, shall affect the obligation of the Company to make, or prevent the Company from making, payments payment of the principal of, of or premium, if any, interest on or interest, including Special Interest, if any, on any additional amounts owing in respect of the Securities in accordance with the provisions hereof and thereof, or except as otherwise provided in this Article 14. No provision of this Article 14 shall prevent the Trustee occurrence of any default or any Paying Agent from applying any moneys deposited with it hereunder to the payment Event of the principal of, or premium, if any, or interest, including Special Interest, if any, on the SecuritiesDefault hereunder.

Appears in 1 contract

Samples: Indenture (Fluor Corp)

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