Common use of Immediate Payment Clause in Contracts

Immediate Payment. Each Subsidiary Guarantor, upon the execution and delivery of a Note Guarantee pursuant to Section 4.14, shall hereby agree to make immediate payment to the Trustee, on behalf of the Holders or itself, of all Note Obligations due and owing or payable to the respective Holders or the Trustee upon receipt of a demand for payment therefor by the Trustee to such Subsidiary Guarantor in writing.

Appears in 2 contracts

Sources: Indenture (Verasun Energy Corp), Indenture (Verasun Energy Corp)

Immediate Payment. Each Subsidiary Guarantor, upon the execution and delivery of a Note Subsidiary Guarantee pursuant to Section 4.144.15, shall hereby agree to make immediate payment to the Trustee, on behalf of the Holders or itself, of all Note Obligations due and owing or payable to the respective Holders or the Trustee upon receipt of a demand for payment therefor by the Trustee to such Subsidiary Guarantor in writing.

Appears in 2 contracts

Sources: Indenture (Aventine Renewable Energy Holdings Inc), Indenture (Aventine Renewable Energy Holdings Inc)

Immediate Payment. Each Subsidiary Guarantor, upon the execution and delivery of a Note Guarantee pursuant to Section 4.144.15 or 4.20, shall hereby agree to make immediate payment to the Trustee, on behalf of the Holders or itself, of all Note Obligations due and owing or payable to the respective Holders or the Trustee upon receipt of a demand for payment therefor by the Trustee to such Subsidiary Guarantor in writing.

Appears in 2 contracts

Sources: Indenture (Clean Harbors Inc), Indenture (GSL Corp)

Immediate Payment. Each Subsidiary Guarantor, upon the execution and delivery of a Note Subsidiary Guarantee pursuant to Section 4.144.15 or 4.21, shall hereby agree to make immediate payment to the Trustee, on behalf of the Holders or itself, of all Note Obligations due and owing or payable to the respective Holders or the Trustee upon receipt of a demand for payment therefor by the Trustee to such Subsidiary Guarantor in writing.

Appears in 2 contracts

Sources: Indenture (RPP Capital Corp), Indenture (RPP Capital Corp)

Immediate Payment. Each Subsidiary Guarantor, upon the execution and delivery of a Note Subsidiary Guarantee pursuant to Section 4.144.15 or 4.21, shall hereby agree to make immediate payment to the Trustee, on behalf of the Holders or itself, of all Note Obligations due and owing or payable to the respective Holders or the 104 Trustee upon receipt of a demand for payment therefor by the Trustee to such Subsidiary Guarantor in writing.

Appears in 1 contract

Sources: Indenture (RPP Capital Corp)

Immediate Payment. Each Subsidiary Guarantor, upon the execution and delivery of this Indenture or a Note Guarantee pursuant to Section 4.144.15 or 4.20, shall hereby agree to make immediate payment to the Trustee, on behalf of the Holders or itself, of all Note Obligations due and owing or payable to the respective Holders or the Trustee upon receipt of a demand for payment therefor by the Trustee to such Subsidiary Guarantor in writing.

Appears in 1 contract

Sources: Indenture (Clean Harbors Inc)

Immediate Payment. Each Subsidiary Guarantor, upon the execution and delivery of a Note Guarantee pursuant to Section 4.144.15, shall hereby agree to make immediate payment to the Trustee, on behalf of the Holders or itself, of all Note Obligations due and owing or payable to the respective Holders or the Trustee upon receipt of a demand for payment therefor by the Trustee to such Subsidiary Guarantor in writing.

Appears in 1 contract

Sources: Indenture (Compass Minerals International Inc)

Immediate Payment. Each The Parent, each of the Initial Subsidiary GuarantorGuarantors and, upon the execution and delivery of a Note Subsidiary Guarantee pursuant to Section 4.144.15 or 4.21, each Additional Subsidiary Guarantor shall hereby agree to make immediate payment to the Trustee, on behalf of the Holders or itself, of all Note Obligations due and owing or payable to the respective Holders or the Trustee upon receipt of a demand for payment therefor by the Trustee to such Subsidiary Guarantor in writing.

Appears in 1 contract

Sources: Indenture (Progress Rail Services, Inc.)