Payments on the Bonds Sample Clauses

Payments on the Bonds. Any payments received by the Agent on account of the principal of or interest on the Bonds shall be distributed by the Agent in accordance with the applicable provisions of the Credit Agreement, and the Company hereby consents to such distribution.

Payments on the Bonds. (a) Subject to Section 2.10(b), the Issuer agrees to pay (i) on each Payment Date prior to Stated Maturity for the Bonds, but only to the extent of the Available Amount, interest on and principal of the respective Classes of Bonds in the amounts and in accordance with the priorities set forth in Section 2.10(c); and (ii) on each Payment Date prior to Stated Maturity for the Bonds, any Bond Prepayment Premium Amounts for the respective Classes of Bonds in the amounts and in accordance with the priorities set forth in Section 2.10(d); and (iii) at Stated Maturity of the Bonds, the entire Bond Principal Balance of each Bond, together with all accrued and unpaid interest thereon. Amounts properly withheld under the Code by any Person from a payment to any Holder of a Bond of interest, principal or other amounts, or any such payment set aside on the Final Payment Date for such Bond as provided in Section 2.10(b), shall be considered as having been paid by the Issuer to such Bondholder for all purposes of this Indenture. (b) With respect to each Payment Date, any interest, principal and other amounts payable on the Bonds shall be paid to the Person that is the registered holder thereof at the close of business on the related Record Date; provided, however, that interest, principal and other amounts payable at the Final Payment Date of any Bond shall be payable only against surrender thereof at the offices of the Indenture Trustee designated in the notice provided pursuant to Section 2.11(b). Payments of interest, principal and other amounts on the Bonds shall be made on the applicable Payment Date other than the Final Payment Date, subject to applicable laws and regulations, by wire transfer to such account as such Bondholder shall designate by written instruction received by the Indenture Trustee not later than the Record Date related to the applicable Payment Date or otherwise by check mailed on or before the Payment Date to the Person entitled thereto at such Person's address appearing on the Bond Register. The Indenture Trustee shall pay each Bond in whole or in part as provided herein on its Final Payment Date in immediately available funds from funds in the Bond Account as promptly as possible after presentation to the Indenture Trustee of such Bond at the office of the Bond Registrar but shall initiate such payment no later than 3:00 p.m., New York City time, on the day after such presentation, provided, that such presentation has been made no later than ...

Payments on the Bonds. Any payments received by the Administrative Agent on account of the principal of or interest on the Bonds shall be deemed to be and treated as payments of the Borrower Obligations to the extent provided for and otherwise in accordance with the terms of the Supplemental Indenture. Such payments shall be distributed by the Administrative Agent to the Lenders in accordance with the provisions of the Credit Agreement applicable to payments received by the Administrative Agent in respect of the Borrower Obligations (and the Company hereby consents to such distributions).

Payments on the Bonds. (a) All payments of interest, principal and other amounts made with respects to any Class of Bonds will be allocated pro rata among the Outstanding Bonds of such Class based on the respective Principal Amounts thereof. (b) On each Payment Date, unless the Bonds have been declared due and payable pursuant to Section 5.02 of the Standard Indenture Provisions and payments and other collections from the Trust Estate are being applied pursuant to Section 5.06 of the Standard Indenture Provisions, the Indenture Trustee shall withdraw from the Bond Account and apply the Available Payment Amount for such Payment Date among the respective Classes of Bondholders and the Issuer for the following purposes and in the following order of priority, in each case to the extent of remaining funds: (i) to the Holders of the Class A Bonds in respect of interest, pro rata as between the two Classes of Class A Bondholders based on entitlement, up to an amount equal to all unpaid interest accrued in respect of each such Class of Bonds through the end of the related Interest Accrual Period; (ii) to the Holders of the Class A Bonds in respect of principal, allocable as between the two Classes of Class A Bondholders as provided below, up to an amount equal to the lesser of (A) the then aggregate Principal Amount of the Class A Bonds and (B) the Principal Payment Amount for such Payment Date; (iii) to the Holders of the Class B Bonds in respect of interest, up to an amount equal to all unpaid interest accrued in respect of such Class of Bonds through the end of the related Interest Accrual Period; (iv) after the aggregate Principal Amount of the Class A Bonds has been reduced to zero, to the Holders of the Class B Bonds in respect of principal, up to an amount equal to the lesser of (A) the then aggregate Principal Amount of the Class B Bonds and (B) the excess, if any, of the Principal Payment Amount for such Payment Date over any amounts paid on such Payment Date in retirement of the Class A Bonds pursuant to clause (ii) above; (v) to the Holders of the Class C Bonds in respect of interest, up to an amount equal to all unpaid interest accrued in respect of such Class of Bonds through the end of the related Interest Accrual Period; (vi) after the aggregate Principal Amount of the Class A and Class B Bonds has been reduced to zero, to the Holders of the Class C Bonds in respect of principal, up to an amount equal to the lesser of (A) the then aggregate Principal Amount of the Class C...

Payments on the Bonds. If, while this Pledge Agreement is in effect, Pledgor shall become entitled to receive or shall receive any principal or interest payment in respect of the Pledged Bonds, the Pledgor agrees to accept the same as the Bank's agent and to hold the same in trust on behalf of the Bank and to deliver the same forth with to the Bank. All sums of money so paid in respect of the Pledged Bonds which are received by the Pledgor and paid to the Bank shall be credited against the obligations of the Pledgor to the Bank in the manner set forth in Paragraph 2D of the Letter of Credit Agreement. So long as no Default or Event of Default has occurred and is continuing, any amounts received by the Bank in respect of the stated interest on any Pledged Bonds in excess of the amounts then owing to the Bank pursuant to Paragraph 2A(i)(2) of the Letter of Credit Agreement, shall, upon request of the Pledgor, be remitted to the Pledgor.

Payments on the Bonds. If, while this Pledge Agreement is in effect, the Borrower shall become entitled to receive or shall receive any principal or interest payment in respect of the Pledged Bonds, the Borrower agrees to accept the same as the Bank's agent and to hold the same in trust on behalf of the Bank and to deliver the same forthwith to the Bank. All sums of money so paid in respect of the Pledged Bonds which are received by the Borrower and paid to the Bank shall be credited against the obligations of the Borrower to the Bank in the manner set forth in Paragraph 3 of the Credit Agreement. So long as no Default or Event of Default has occurred and is continuing, any amounts received by the Bank in respect of the stated interest on any Pledged Bonds in excess of the amounts then owing the Bank pursuant to Paragraph 3A(i)(2) of the Credit Agreement shall be remitted to the Borrower.

Payments on the Bonds. If, while this Pledge Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any payment of principal, premium, interest or proceeds of sale or remarketing in respect of the Pledged Bonds, such payment shall be subject to this Pledge Agreement, and the Pledgor hereby irrevocably directs the Trustee to make any such payments directly to the Custodian and, in the event any such payments are received by the Pledgor, the Pledgor agrees to accept the same as the Bank's agent and to hold the same in trust on behalf of the Bank and to deliver the same promptly to the Custodian. All sums of money so paid in respect of the Pledged Bonds which are received by the Pledgor and paid to the Custodian and all such amounts which shall be paid directly to the Custodian by the Trustee shall be paid by the Custodian to the Bank and shall be credited against the corresponding reimbursement obligation of the Pledgor under the Reimbursement Agreement.

Payments on the Bonds. If, while this Agreement is in effect, the Borrower shall become entitled to receive or shall receive any interest or other payment in respect of the Pledged Bonds, the Trustee will hold the same in trust on behalf of the Bank and the Participating Bank and deliver the same forthwith to the Bank or, upon notice from the Bank, which notice the Bank agrees to give so long as no event of default exists under the Participating Bank Agreement, to the Participating Bank. The Borrower hereby authorizes the Trustee to hold and receive on the Bank's and/or Participating Bank's behalf and to deliver forthwith to the Bank or upon such notice from the Bank, to the Participating Bank, any payment received by it in respect of the Pledged Bonds (including the proceeds of any remarketing of the Pledged Bonds). All such payments in respect of the Pledged Bonds which are paid to the Bank or the Participating Bank shall be credited against the Obligations in accordance with the terms of the Participating Bank Agreement and the Reimbursement Agreement.

Payments on the Bonds. If, while this Agreement is in effect, the Borrower shall become entitled to receive or shall receive any interest or other payment in respect of the Pledged Bonds, the Trustee will hold the same in trust on behalf of the Bank and the Participating Bank and deliver the same forthwith to the Bank or, upon notice from the Bank, which notice the Bank agrees to give so long as no event of default exists under the Participating Bank Agreement, to the