Common use of Type of Payment Clause in Contracts

Type of Payment. Payment of interest and principal shall be in any coin or currency of the United States of America which at the time of payment shall be legal tender for the payment of public or private debts.

Appears in 4 contracts

Sources: Indenture (Peter Kiewit Sons Inc /De/), Indenture (Peter Kiewit Sons Inc /De/), Indenture (Peter Kiewit Sons Inc /De/)

Type of Payment. Payment of both principal and interest and principal shall be made in any coin or currency of the United States of America which at the time of payment shall be legal tender for the payment of public or and private debts.

Appears in 1 contract

Sources: Promissory Note (Theglobe Com Inc)