Common use of Defaulted Interest Clause in Contracts

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Issuers, at their election in each case, as provided in clause (i) or (ii) below:

Appears in 30 contracts

Samples: Indenture (USA Compression Finance Corp.), Indenture (CNX Coal Finance Corp.), Indenture (CNX Coal Finance Corp.)

AutoNDA by SimpleDocs

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the IssuersPartnership, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 25 contracts

Samples: Indenture (MPLX Lp), Senior Indenture (MPLX Lp), Indenture (MPLX Lp)

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the IssuersCompany, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 23 contracts

Samples: Indenture (ACRES Commercial Realty Corp.), Indenture (EnLink Midstream, LLC), Indenture (EnLink Midstream Partners, LP)

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Issuers, at their election in each case, as provided in clause (ia) or (iib) below:

Appears in 15 contracts

Samples: Indenture (Holly Energy Finance Corp.), SLC Pipeline LLC, Indenture (Regency Energy Partners LP)

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the IssuersCompany, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 11 contracts

Samples: Indenture (Swift Energy Co), Indenture (Denbury Resources Inc), Indenture (Swift Energy Co)

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the IssuersPartnership, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 7 contracts

Samples: Indenture (Jonah Gas Gathering Co), Jonah Gas Gathering Co, Jonah Gas Gathering Co

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the IssuersPartnership, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 5 contracts

Samples: Indenture (Pacific Energy Group LLC), Indenture (Enbridge Energy Partners Lp), Indenture (Williams Energy Partners L P)

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this the Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the Issuers, at their election in each case, as provided in clause (i) or (ii) below:

Appears in 3 contracts

Samples: Indenture (Plains All American Pipeline Lp), Eott Energy Operating Lp, Eott Energy Operating Lp

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, for on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the IssuersPartnership, at their its election in each case, as provided in clause (ia) or (iib) below:

Appears in 3 contracts

Samples: Indenture (ONEOK Partners LP), Indenture (ONEOK Partners LP), Indenture (ONEOK Partners LP)

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the IssuersCompany, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 3 contracts

Samples: Pacific Energy Group LLC, Indenture (Chesapeake Alpha Corp), Chesapeake Orc LLC

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called Defaulted InterestInterest ”) shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Issuers, at their election in each case, as provided in clause (ia) or (iib) below:

Appears in 3 contracts

Samples: Holly Energy Finance Corp., SLC Pipeline LLC, HEP Navajo Southern, L.P.

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the IssuersIssuer, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 2 contracts

Samples: H&r Block Inc, H&r Block Inc

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the IssuersIssuer, at their its election in each case, as provided in clause (ia) or (iib) below:

Appears in 2 contracts

Samples: Indenture (Seadrill Partners LLC), Seadrill Partners LLC

Defaulted Interest. Any interest on any Debt Security of a particular series which that is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the IssuersPartnership, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 2 contracts

Samples: Indenture (Enbridge Energy Partners Lp), Enbridge Energy Partners Lp

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the IssuersIssuer, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 2 contracts

Samples: MPLX Operations LLC, MPLX Operations LLC

Defaulted Interest. Any interest on any Debt Security of a particular any series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture any interest payment date established pursuant to Section 2.03 (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the IssuersCompany, at their its election in each case, as provided in clause (ia) or (iib) below:

Appears in 2 contracts

Samples: Indenture (Becton Dickinson & Co), Becton Dickinson & Co

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the Issuers, at their election in each case, as provided in clause (ia) or (iib) below:

Appears in 2 contracts

Samples: Senior Indenture (PNG Finance Corp.), PNG Finance Corp.

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”"DEFAULTED INTEREST") shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the IssuersPartnership, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 2 contracts

Samples: Kaneb Pipe Line Operating Partnership Lp, Kaneb Pipe Line Operating Partnership Lp

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Issuerseach Issuer, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 2 contracts

Samples: Indenture (Cloud Peak Energy Finance Corp.), Indenture (Cloud Peak Energy Finance Corp.)

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the IssuersPartnership, at their its election in each case, as provided in clause (ia) or (iib) below:

Appears in 2 contracts

Samples: Northern Border Partners Lp, Northern Border Partners Lp

AutoNDA by SimpleDocs

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this the Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the IssuersIssuer, at their election in each caseits election, as provided in clause (i) or (ii) below:

Appears in 1 contract

Samples: MarkWest New Mexico LP

Defaulted Interest. Any interest on any Debt Security ------------------ of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this the Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the Issuers, at their election in each case, as provided in clause (i) or (ii) below:

Appears in 1 contract

Samples: Plains All American Pipeline Lp

Defaulted Interest. Any interest on any Debt Security ------------------- of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the IssuersCompany, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 1 contract

Samples: Vintage Petroleum Capital I

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the IssuersCompany, at their its 44 35 election in each case, as provided in clause (i) or (ii) below:

Appears in 1 contract

Samples: Sherwin Williams Co

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the IssuersCompany, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 1 contract

Samples: Indenture (Swift Energy Co)

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on 38 31 the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the Issuers, at their election in each case, as provided in clause (i) or (ii) below:

Appears in 1 contract

Samples: Eott Energy Canada Lp

Defaulted Interest. Any interest on any Debt Security of a particular series which that is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the IssuersCompany, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 1 contract

Samples: Luminent Mortgage Capital Inc

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted InterestDEFAULTED INTEREST”) shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the IssuersPartnership, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 1 contract

Samples: Indenture (Valero L P)

Defaulted Interest. Any interest on any Debt ------------------ Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this the Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the Issuers, at their election in each case, as provided in clause (i) or (ii) below:

Appears in 1 contract

Samples: Plains All American Pipeline Lp

Defaulted Interest. Any interest on any Debt Security of a particular any series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture any interest payment date established pursuant to Section 2.03 (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the IssuersCompany, at their its election in each case, as provided in clause (ia) or (iib) below:

Appears in 1 contract

Samples: Indenture (Becton Dickinson Euro Finance S.a. r.l.)

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder thereof on the relevant record date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Issuerseach Issuer, at their its election in each case, as provided in clause (ia) or (iib) below:

Appears in 1 contract

Samples: Cloud Peak Energy Resources LLC

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this Indenture (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the IssuersCompany, at their its election in each case, as provided in clause (ia) or (iib) below:

Appears in 1 contract

Samples: Unit Corp

Defaulted Interest. Any interest on any Debt Security of a particular series which is payable, but is not punctually paid or duly provided for, on the dates and in the manner provided in the Debt Securities of such series and in this the Indenture (herein called "Defaulted Interest") shall forthwith cease to be payable to the Registered Holder thereof on the relevant record date by virtue of having been such Registered Holder, and such Defaulted Interest may be paid by the IssuersIssuer, at their its election in each case, as provided in clause (i) or (ii) below:

Appears in 1 contract

Samples: MarkWest New Mexico LP

Time is Money Join Law Insider Premium to draft better contracts faster.