Payment Permitted in Certain Situations. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent (a) the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshalling of assets and liabilities of the Company referred to in Section 1502 or under the conditions described in Section 1503 or Section 1504, from making payments at any time of or on account of the principal of (and premium, if any) or interest on the Securities, or on account of the purchase or other acquisition of Securities, or (b) the application by the Trustee of any money deposited with it hereunder to the payment of or on account of the principal of (and premium, if any) or interest on the Securities or the retention of such payment by the Holders, if, at the time of such application by the Trustee, it did not have knowledge that such payment would have been prohibited by the provisions of this Article.
Payment Permitted in Certain Situations. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent (a) the Issuer or the Guarantor, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshalling of assets and liabilities of the Issuer or the Guarantor, as the case may be, referred to in Section 13.02 or under the conditions described in Section 13.03, from making payments at any time of or on account of the principal of (and premium, if any) or interest on the Securities or on account of the purchase or other acquisition of the Securities, or (b) the application by the Trustee of any money deposited with it hereunder to the payment of or on account of the principal of (and premium, if any) or interest on the Securities or the retention of such payment by the Holders, if, at the time of such application by the Trustee, it did not have knowledge that such payment would have been prohibited by the provisions of this Article.
Payment Permitted in Certain Situations. Nothing contained in this Article or elsewhere in this Indenture or in any of the Notes shall prevent (a) the Issuer from making payments at any time of principal of or interest on the Notes (and any other amounts payable in respect thereof) when such payments become due except during (i) the deferral of payment referred to in Section 2.8(a), or (ii) the pendency of any liquidation, dissolution or other winding up referred to in Section 12.2 or (b) the application by the Trustee of any money deposited with it hereunder to the payment of or on account of the principal of or interest on the Notes (and any other amounts payable in respect thereof) of any series or the retention of such payment by the Noteholder, if, at the time of such application by the Trustee, a Responsible Officer did not have actual knowledge that such payment would have been prohibited by the provisions of this Article.
Payment Permitted in Certain Situations. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshalling of assets and liabilities of the Company referred to in Section 1402 or under the conditions described in Section 1403 or 1404, from making payments at any time of principal of (and premium, if any) or interest on the Securities.
Payment Permitted in Certain Situations. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent (a) the Company, at any time except during the pendency of any case, proceeding, dissolution, liquidation or other winding up, assignment for the benefit of creditors or other marshalling of assets and liabilities of the Company referred to in Section 14.02 or under the conditions described in Section 14.03 or 14.04, from making payments at any time of principal of (and premium, if any) or interest on the Securities or (b) the application by the Trustee of any money deposited with it hereunder to the payment of or on account of the principal of (and premium, if any) or interest on the Securities of any series or the retention of such payment by the Holder, if, at the time of such application by the Trustee, it did not have actual knowledge that such payment would have been prohibited by the provisions of this Article.
Payment Permitted in Certain Situations. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities of any series shall prevent
Payment Permitted in Certain Situations. Nothing contained in this Article or elsewhere in this Common Securities Guarantee Agreement or in any of the Common Securities shall prevent (a) the Guarantor, at any time except during the pendency of any dissolution, winding-up, liquidation or reorganization of the Guarantor, whether voluntary or involuntary or any bankruptcy, insolvency, receivership or other proceedings of the Guarantor referred to in Section 10.02 or under the conditions described in Sections 10.03 or 8.4, from making Guarantee Payments at any time, or (b) the application by the Common Guarantee Trustee of any money deposited with it hereunder to the payment of or on account of the Guarantee Payments hereunder or the retention of such Guarantee Payments by the Holders of Common Securities, if, at the time of such application by the Common Guarantee Trustee, it did not have knowledge that such payment would have been prohibited by the provisions of this Article.
Payment Permitted in Certain Situations. 64 SECTION 14.06 SUBROGATION TO RIGHTS OF HOLDERS OF SENIOR INDEBTEDNESS................................ 64 SECTION 14.07 PROVISIONS SOLELY TO DEFINE RELATIVE RIGHTS............................................ 64 SECTION 14.08
Payment Permitted in Certain Situations. Nothing contained in this Article Fourteen or elsewhere in this Indenture, or in any of the Securities, shall prevent (a) the Company at any time, except during the pendency of any dissolution, winding-up, liquidation or reorganization proceedings referred to in, or under the conditions described in, Section 14.02 from making payments of the principal of, or premium, if any, or interest (or any additional amounts in respect thereof that may be due and payable) on, the Securities or (b) the application by the Trustee or any Paying Agent of any moneys deposited with it hereunder to payments of the principal of, or premium, if any, or interest (and any additional amounts in respect thereof that may be due and payable) on, the Securities, if, at the time of such deposit, the Trustee or such Paying Agent, as the case may be, did not have the written notice provided for in Section 14.06 of any event prohibiting the making of such deposit, or if, at the time of such deposit (whether or not in trust) by the Company with the Trustee or any Paying Agent (other than the Company) such payment would not have been prohibited by the provisions of this Article, and the Trustee or any Paying Agent shall not be affected by any notice to the contrary received by it on or after such date.
Payment Permitted in Certain Situations. Nothing contained in this Article or elsewhere in this Indenture or in any of the Subordinated Notes shall prevent (a) the Issuer, at any time except in a Bankruptcy Default, from making payments at any time of or on account of the principal of (and premium, if any) or interest on the Subordinated Notes or on account of the purchase or other acquisition of the Subordinated Notes, or (b) the application by the Trustee of any money deposited with it hereunder to the payment of or on account of the principal of or interest on the Subordinated Notes or the retention of such payment by the Holders, if, at the time of such application by the Trustee, it did not have knowledge that such payment would have been prohibited by the provisions of this Article.
