Common use of Payments on Securities Permitted Clause in Contracts

Payments on Securities Permitted. Nothing contained in this Article Fifteen 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 payment of the principal of (or premium, if any), interest or any Additional Amounts on the Securities in accordance with the provisions hereof and thereof, except as otherwise provided in this Article Fifteen.

Appears in 4 contracts

Samples: Subordinated Indenture (Firstmerit Corp /Oh/), Subordinated Indenture (National City Corp), Subordinated Indenture (National City Corp)

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Payments on Securities Permitted. Nothing contained in this Article Fifteen 16 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 making, payment of the principal of (or premium, if any), interest or any Additional Amounts on the Securities in accordance with the provisions hereof and thereof, except as otherwise provided in this Article Fifteen16.

Appears in 1 contract

Samples: Subordinated Indenture (Summit Bancorp/Nj/)

Payments on Securities Permitted. Nothing contained in this Article Fifteen Sixteen or elsewhere in this Indenture, or in any of the SecuritiesSecurities or the Guarantees, shall affect the obligation of the Company or the Guarantor, as the case may be, to make, or prevent the Company or the Guarantor from making payment of the principal of (or premium, if any), interest or any Additional Amounts on the Securities in accordance with the provisions hereof and thereof, except as otherwise provided in this Article FifteenSixteen.

Appears in 1 contract

Samples: Subordinated Indenture (Keystone Financial Mid Atlantic Funding Corp)

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Payments on Securities Permitted. Nothing contained in this Article Fifteen Seventeen 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 making, payment of the principal of (or premium, if any), interest or any Additional Amounts on the Securities in accordance with the provisions hereof and thereof, except as otherwise provided in this Article FifteenSeventeen.

Appears in 1 contract

Samples: Subordinated Indenture (Old Kent Financial Corp /Mi/)

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