Method of Payment Clause Example with 27 Variations from Business Contracts
This page contains Method of Payment clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Method of Payment. The Company will pay interest on the Notes (except defaulted interest) to the Persons who are registered Holders of Notes at the close of business on the March 15 and September 15 next preceding the Interest Payment Date, even if such Notes are canceled after such record date and on or before such Interest Payment Date, except as provided in Section 2.12 of the Indenture with respect to defaulted interest. The Notes will be payable as to principal, premium and interest at the office or agency of... the Company maintained for such purpose within the City and State of New York, or, at the option of the Company, payment of interest may be made by check mailed to the Holders at their addresses set forth in the register of Holders, and provided that payment by wire transfer of immediately available funds will be required with respect to principal of, and interest and premium on, all Global Notes and all other Notes the Holders of which shall have provided wire transfer instructions to the Company or the Paying Agent. Such payment shall be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts.View More
Variations of a "Method of Payment" Clause from Business Contracts
Method of Payment. The Company Issuers will pay interest on the Notes (except defaulted interest) and Additional Interest, if any, to the Persons who are registered Holders of Notes at the close of business on the March May 15 and September or November 15 next immediately preceding the Interest Payment Date, even if such Notes are canceled cancelled after such record date and on or before such Interest Payment Date, except as provided in Section 2.12 2.11 of the Indenture with respect to defaulted interest. Holder...s must surrender Notes to the Paying Agent to collect payments of principal and premium, if any, together with accrued and unpaid interest and Additional Interest, if any, due at maturity. The Notes will be payable as to principal, premium premium, if any, interest and interest Additional Interest, if any, at the office or agency of the Company Issuers maintained for such purpose within the City and State of New York, or, at the option of the Company, Issuers, payment of interest and Additional Interest, if any, may be made by check mailed to the Holders at their addresses set forth in the register of Holders, and provided that payment by wire transfer of immediately available funds to an account in the United States will be required with respect to principal of, and interest and premium on, any amounts due on all Global Notes and all other Notes the Holders of which shall have provided wire transfer instructions to the Company Issuers or the Paying Agent. Such payment shall be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Ex. 1 to App. - 5 3. Paying Agent and Registrar. Initially, Wells Fargo Bank, National Association, the Trustee under the Indenture, will act as Paying Agent and Registrar. The Company may change any Paying Agent or Registrar without notice to any Holder. The Company or any of its Subsidiaries may act in any such capacity. View More
Method of Payment. Payments on Global Notes will be made through the facilities of DTC. The Company Issuers will pay interest on the Notes (except defaulted interest) to the Persons who are registered Holders of Notes at the close of business on the March 15 and September 15 February 1 or August 1 next preceding the Interest Payment Date, even if such Notes are canceled cancelled after such record date and on or before such Interest Payment Date, except as provided in Section 2.12 2.11 of the Indenture with respec...t to defaulted interest. Holders must surrender Notes to the Paying Agent to collect payments of principal and premium, if any, together with accrued and unpaid interest due at maturity. The Notes will be payable as to principal, premium premium, if any, and interest at the office or agency of the Company Issuers maintained for such purpose within the City and State of New York, purpose, or, at the option of the Company, Issuers, payment of interest may be made by check mailed to the Holders at their addresses set forth in the register of Holders, and provided that payment by wire transfer of immediately available funds will be required with respect to principal of, and interest and premium on, any amounts due on all Global Notes and all other or, if a Holder of at least $5.0 million principal amount of Notes the Holders of which shall have provided in registered, certificated form has given wire transfer instructions to the Company Issuers or the Paying Agent. Agent, payment will be made by wire transfer in accordance with those instructions to a U.S. dollar account maintained by the Holder with a bank located in the contiguous United States. Such payment shall be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. View More
Method of Payment. The Company Issuers will pay interest on the Notes (except defaulted interest) to the Persons who are registered Holders of Notes at the close of business on the March 15 and September 15 February 1 or August 1 next preceding the Interest Payment Date, even if such Notes are canceled cancelled after such record date and on or before such Interest Payment Date, except as provided in Section 2.12 2.11 of the Indenture with respect to defaulted interest. Holders must surrender Notes to the Paying A...gent to collect payments of principal and premium, if any, together with accrued and unpaid interest due at maturity. The Notes will be payable as to principal, premium premium, if any, and interest at the office or agency of the Company Issuers maintained for such purpose within the City and State of New York, or, at the option of the Company, Issuers, payment of interest may be made by check mailed to the Holders at their addresses set forth in the register of Holders, and provided that payment by wire transfer of immediately available funds will be required with respect to principal of, and interest and premium on, any amounts due on all Global Notes and all other Notes the Holders of which shall have provided wire transfer instructions to the Company Issuers or the Paying Agent. Notwithstanding the foregoing, if this Note is a Global Note, payment may be made pursuant to the Applicable Procedures of the Depository as permitted in the Indenture. Such payment shall be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Ex. 1-6 to Appendix 3. Paying Agent and Registrar. Initially, U.S. Bank National Association, the Trustee under the Indenture, will act as Paying Agent and Registrar. The Company may change any Paying Agent or Registrar without notice to any Holder. The Company or any of its Subsidiaries may act in any such capacity. View More
Method of Payment. The Company will pay interest on the 2026 Notes (except defaulted interest) to the Persons who are registered Holders of 2026 Notes at the close of business on the March 15 December 1 and September 15 June 1 next preceding the Interest Payment Date, even if such Notes are canceled after such record date and on or before such Interest Payment Date, except as provided in Section 2.12 of the Indenture with respect to defaulted interest. The 2026 Notes will be payable as to principal, premium and in...terest at the office or agency of the Company maintained for such purpose within the City and State of New York, or, at the option of the Company, payment of interest may be made by check mailed to the Holders at their addresses set forth in the register of Holders, and provided that payment by wire transfer of immediately available funds will be required with respect to principal of, and interest and premium on, all Global Notes and all other 2026 Notes the Holders of which shall have provided wire transfer instructions to the Company or the Paying Agent. Such payment shall be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. View More
Method of Payment. The Company Issuers will pay interest on the Notes (except defaulted interest) and Additional Interest to the Persons who are registered Holders of Notes at the close of business on the March 15 and September 15 January 1 or July 1 next preceding the Interest Payment Date, even if such Notes are canceled cancelled after such record date and on or before such Interest Payment Date, except as provided in Section 2.12 2.11 of the Indenture with respect to defaulted interest. Holders must surrender ...Notes to the Paying Agent to collect payments of principal and premium, if any, together with accrued and unpaid interest and Additional Interest, if any, due at maturity. The Notes will be payable as to principal, premium premium, if any, interest and interest Additional Interest, if any, at the office or agency of the Company Issuers maintained for such purpose within the City and State of New York, purpose, or, at the option of the Company, Issuers, payment of interest and Additional Interest may be made by check mailed to the Holders at their addresses set forth in the register of Holders, and provided that payment by wire transfer of immediately available funds will be required with respect to principal of, and interest and premium on, any amounts due on all Global Notes and all other Notes the Holders of which shall have provided wire transfer instructions to the Company Issuers or the Paying Agent. Such payment shall be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. View More
Method of Payment. The Company Issuers will pay interest on the Notes (except defaulted interest) and Additional Interest to the Persons who are registered Holders of Notes at the close of business on the March 15 and September 15 February 1 or August 1 next preceding the Interest Payment Date, even if such Notes are canceled cancelled after such record date and on or before such Interest Payment Date, except as provided in Section 2.12 2.11 of the Indenture with respect to defaulted interest. Holders must surrend...er Notes to the Paying Agent to collect payments of principal and premium, if any, together with accrued and unpaid interest and Additional Interest, if any, due at maturity. The Notes will be payable as to principal, premium premium, if any, interest and interest Additional Interest, if any, at the office or agency of the Company Issuers maintained for such purpose within the City and State of New York, purpose, or, at the option of the Company, Issuers, payment of interest and Additional Interest may be made by check mailed to the Holders at their addresses set forth in the register of Holders, and provided that payment by wire transfer of immediately available funds will be required with respect to principal of, and interest and premium on, any amounts due on all Global Notes and all other Notes the Holders of which shall have provided wire transfer instructions to the Company Issuers or the Paying Agent. Such payment shall be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. View More
Method of Payment. The Company Issuers will pay interest on the Notes (except defaulted interest) and Additional Interest, if any, to the Persons who are registered Holders of Notes at the close of business on the March May 15 and September November 15 next immediately preceding the Interest Payment Date, even if such Notes are canceled cancelled after such record date and on or before such Interest Payment Date, except as provided in Section 2.12 2.11 of the Indenture with respect to defaulted interest. Holders m...ust surrender Notes to the Paying Agent to collect payments of principal and premium, if any, together with accrued and unpaid interest and Additional Interest, if any, due at maturity. The Notes will be payable as to principal, premium premium, if any, interest and interest Additional Interest, if any, at the office or agency of the Company Issuers maintained for such purpose within the City and State of New York, United States, or, at the option of the Company, Issuers, payment of interest and Additional Interest, if any, may be made by check mailed to the Holders at their addresses set forth in the register of Holders, and provided that payment by wire transfer of immediately available funds to an account in the United States will be required with respect to principal of, and interest and premium on, any amounts due on all Global Notes and all other Notes the Holders of which shall have provided wire transfer instructions to the Company Issuers or the Paying Agent. Such payment shall be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. View More
Method of Payment. The Company Issuers through their Paying Agent will pay interest on the Notes (except defaulted interest) to the Persons who are registered Holders of Notes at the close of business on the March 15 and September 15 January 1 or July 1 next preceding the Interest Payment Date, Date (each, a "Record Date"), even if such Notes are canceled cancelled after such record date Record Date and on or before such Interest Payment Date, except as provided in Section 2.12 of the Indenture with respect to def...aulted interest. Holders must surrender Notes to the Paying Agent to collect payments of principal and premium, if any, together with accrued and unpaid interest due at maturity. The Notes will be payable as to principal, premium premium, if any, and interest at the office or agency of the Company Issuers maintained for such purpose within the City and State of New York, purpose, or, at the option of the Company, Issuers, payment of interest may be made through their Paying Agent by check mailed to the Holders at their addresses set forth in the register of Holders, and provided that payment by wire transfer of immediately available funds will be required with respect to principal of, and interest and premium on, any amounts due on all Global Notes and all other Notes the Holders of which shall have provided wire transfer instructions to the Company Issuers or the Paying Agent. Such payment shall be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. View More
Method of Payment. The Company will shall pay interest on the Notes (except defaulted interest) to the Persons who are registered Holders holders of Notes at the close of business on the March December 15 and September or June 15 next (whether or not a Business Day), as the case may be, immediately preceding the Interest Payment Date, even if such Notes are canceled after such record date and on or before such related Interest Payment Date, except as provided in Section 2.12 of the Indenture with respect to defaul...ted interest. The Principal, premium, if any, and interest on the Notes will shall be payable as to principal, premium and interest at the office or agency of the Company maintained for such purpose within the City and State of New York, or, at the option of the Company, payment of interest and premium, if any, may be made by check mailed to the Holders at their respective addresses set forth in the register of Holders, and Note Register; provided that payment by wire transfer of immediately available funds will shall be required with respect to principal of, principal, premium, if any, and interest and premium on, on all Global Notes and all other Notes the Holders of which shall have provided wire transfer instructions to the Company or the Paying Agent. Agent at least five Business Days prior to the applicable payment date. Such payment shall be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. View More
Method of Payment. The Company will pay interest on the 2023 Notes (except defaulted interest) to the Persons who are registered Holders of 2023 Notes at the close of business on the March 15 December 1 and September 15 June 1 next preceding the Interest Payment Date, even if such Notes are canceled after such record date and on or before such Interest Payment Date, except as provided in Section 2.12 of the Indenture with respect to defaulted interest. The 2023 Notes will be payable as to principal, premium and in...terest at the office or agency of the Company maintained for such purpose within the City and State of New York, or, at the option of the Company, payment of interest may be made by check mailed to the Holders at their addresses set forth in the register of Holders, and provided that payment by wire transfer of immediately available funds will be required with respect to principal of, and interest and premium on, all Global Notes and all other 2023 Notes the Holders of which shall have provided wire transfer instructions to the Company or the Paying Agent. Such payment shall be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. View More
