Common use of Payment of Default Amount in Any Other Lawful Manner Clause in Contracts

Payment of Default Amount in Any Other Lawful Manner. If not paid in accordance with Section 2.05(B)(i), such Defaulted Amount and Default Interest will be paid by the Company in any other lawful manner not inconsistent with the requirements of any securities exchange or automated quotation system on which the Notes may be listed or designated for issuance, and upon such notice as may be required by such exchange or automated quotation system, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this Section 2.05(B)(ii), such manner of payment will be deemed practicable by the Trustee.

Appears in 2 contracts

Sources: Indenture (DoorDash, Inc.), Indenture (MICROSTRATEGY Inc)

Payment of Default Amount in Any Other Lawful Manner. If not paid in accordance with Section 2.05(B)(i2.04(B)(i), such Defaulted Amount and Default Interest will be paid by the Company in any other lawful manner not inconsistent with the requirements of any securities exchange or automated quotation system on which the Notes may be listed or designated for issuance, and upon such notice as may be required by such exchange or automated quotation system, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this Section 2.05(B)(ii), such manner of payment will be deemed practicable by the Trustee.

Appears in 1 contract

Sources: First Supplemental Indenture (Celcuity Inc.)

Payment of Default Amount in Any Other Lawful Manner. If not paid in accordance with Section 2.05(B)(i2.05(B)(I), such Defaulted Amount and Default Interest will be paid by the Company in any other lawful manner not inconsistent with the requirements of any securities exchange or automated quotation system on which the Notes may be listed or designated for issuance, and upon such notice as may be required by such exchange or automated quotation system, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this Section 2.05(B)(ii2.05(B)(II), such manner of payment will be deemed practicable by the Trustee.

Appears in 1 contract

Sources: First Supplemental Indenture (AeroVironment Inc)