Common use of Defaulted Interest Clause in Contracts

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 23 contracts

Samples: Indenture (Match Group, Inc.), Indenture (ANGI Homeservices Inc.), Indenture (Match Group, Inc.)

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Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The At least 10 days before such special record date, the Issuer shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 21 contracts

Samples: M/I Homes, Inc., Indenture (M I Homes Inc), M/I Homes, Inc.

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Company shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 16 contracts

Samples: Indenture (Fti Consulting Inc), Indenture (Alliance Data Systems Corp), Indenture (Alliance Data Systems Corp)

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Company shall promptly mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 8 contracts

Samples: Indenture (General Cable Corp /De/), Indenture (General Cable Corp /De/), Imc Global Inc

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 15 days before such special record date, the Company shall promptly mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 7 contracts

Samples: Default and Remedies (Renaissance Cosmetics Inc /De/), Indenture (Carpenter W R North America Inc), Indenture (Glasstech Inc)

Defaulted Interest. If the Issuer Company defaults on in a payment of interest on the Notes, it shall pay the defaulted interestinterest in any lawful manner plus, plus (to the extent permitted by law) any lawful, interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on the record date for the interest payment or a subsequent special record date, which date shall be in each case at least five Business Days prior to the payment daterate provided in the Notes and in Section 4.01. The Issuer Company shall notify the Trustee in writing of the amount of defaulted interest proposed to be paid on each Note and the date of the proposed payment. The Company shall fix or cause to be fixed each such special record date and payment date; provided that no such special record date in a manner satisfactory shall be less than 10 days prior to the Trusteerelated payment date for such defaulted interest. The Issuer At least 15 days before the special record date, the Company (or, upon the written request of the Company, the Trustee in the name and at the expense of the Company) shall promptly mail or cause to each Holder of such Notes be mailed to Holders a notice that states the special record date, the related payment date and the amount of defaulted interest, and such interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed andlisted, and upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 6 contracts

Samples: Supplemental Indenture (Laredo Petroleum, Inc.), Indenture (Laredo Petroleum, Inc.), Supplemental Indenture (Laredo Petroleum, Inc.)

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it the Issuer shall pay the defaulted interest, interest then borne by the Notes plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes thereof on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The At least 10 days before such special record date, the Issuer shall promptly mail to each Holder of such Notes affected Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee. Notwithstanding the foregoing, any interest which is paid prior to the expiration of the 30-day period set forth in Section 6.01(1) shall be paid to Holders as of the record date for the Interest Payment Date for which interest has not been paid.

Appears in 6 contracts

Samples: Indenture (Crown Holdings, Inc.), Indenture (Crown Holdings Inc), Indenture (Crown Holdings Inc)

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 6 contracts

Samples: Indenture (Phibro Animal Health Corp), Supplemental Indenture (Affiliate Investment, Inc.), Indenture (National Credit & Guaranty CORP)

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Notes, it shall pay the defaulted interestinterest in any lawful manner, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with paragraph 1 of the terms hereofNotes, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Company shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 5 contracts

Samples: Indenture (Norske Skog Canada LTD), Indenture (Norske Skog Canada LTD), Indenture (Norske Skog Canada LTD)

Defaulted Interest. If the Issuer defaults Issuers default on a payment of interest on the Notes, it the Issuers shall pay the defaulted interest, interest then borne by the Notes plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes thereof on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Issuers shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Issuers shall promptly mail to each Holder of such Notes affected Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Issuers may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Issuers to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee. Notwithstanding the foregoing, any interest which is paid prior to the expiration of the 30-day period set forth in Section 6.01(1) shall be paid to Holders as of the record date for the Interest Payment Date for which interest has not been paid.

Appears in 5 contracts

Samples: Indenture (Crown Holdings Inc), Crown Holdings Inc, Crown Holdings Inc

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it shall pay the defaulted interestinterest in any lawful manner, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with paragraph 1 of the terms hereofNotes, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The At least 10 days before such special record date, the Issuer shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 4 contracts

Samples: Indenture (Massey Energy Co), Indenture (Ipsco Inc), Indenture (Ipsco Inc)

Defaulted Interest. If the Issuer defaults on Issuers default in a payment of interest on the Notes, it such interest and interest on such defaulted interest shall forthwith cease to be payable to the Holder on the record date set forth in the Notes by virtue of having been such Holder and the Issuers shall pay the defaulted interestinterest in any lawful manner plus, plus (to the extent permitted by law) any lawful, interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be in each case at least five Business Days prior to the payment daterate provided in the Notes and in Section 4.01. The Issuer Issuers shall notify the Trustee in writing of the amount of defaulted interest proposed to be paid on each Note and the date of the proposed payment. The Issuers shall fix or cause to be fixed each such special record date and payment date, provided that no such special record date in a manner satisfactory shall be less than 10 days prior to the Trusteerelated payment date for such defaulted interest. The Issuer At least 10 days before the special record date, the Issuers (or, upon the written request of the Issuers, the Trustee in the name and at the expense of the Issuers) shall promptly mail or cause to each Holder of such Notes be mailed to Holders a notice that states the special record date, the related payment date and the amount of defaulted interest, and such interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 4 contracts

Samples: Cablevision Systems Corp /Ny, Cablevision Systems Corp /Ny, Rainbow Media Enterprises, Inc.

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five 5 Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Company shall promptly mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 3 contracts

Samples: Indenture (Atlantic Broadband Management, LLC), Indenture (Language Line Holdings, Inc.), Indenture (Language Line Costa Rica, LLC)

Defaulted Interest. If the Issuer defaults on Issuers default in a payment of interest on the NotesSecurities, it the Issuers shall pay the defaulted interest, interest (plus (interest on such defaulted interest to the extent permitted by lawlawful) in any interest payable on lawful manner. The Issuers shall pay the defaulted interestinterest to, in accordance with the terms hereofcase of Definitive Securities, to the Persons who are Holders Securityholders or, in the case of such Notes a Global Security, to the Holder thereof on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Issuers shall fix or cause to be fixed any such special record date and payment date in a manner satisfactory to the Trustee. The Issuer reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Holder of such Notes Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Issuers may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes Securities may be listed andlisted, and upon such notice as may be required by such exchange, if, after written notice given by the Issuer Issuers to the Trustee of the proposed payment pursuant to this sentenceparagraph, such manner of payment shall be deemed practicable by the Trustee.

Appears in 3 contracts

Samples: NSM Steel Co LTD, NSM Steel Co LTD, NSM Steel Co LTD

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it then the Issuer shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory and provide the Trustee at least 20 days written notice of the proposed amount of defaulted interest to be paid and the Trustee. The special payment date and at the same time the Issuer shall promptly deposit with the Trustee the aggregate amount proposed to be paid in respect of such defaulted interest. At least 15 days before such special record date, the Issuer shall mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 2 contracts

Samples: Canwest Media Inc, Canwest Media Inc

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the NotesSecurities, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Company shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes Securities may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 2 contracts

Samples: Indenture (C&d Technologies Inc), C&d Technologies Inc

Defaulted Interest. If the Issuer defaults Issuers default on a payment of interest on the Notes, it they shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Issuers shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer Issuers shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Issuers may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Issuers to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 2 contracts

Samples: Supplemental Indenture (Trilogy International Partners Inc.), Indenture (Alignvest Acquisition Corp)

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer shall promptly mail send to each Holder of such Notes (with a copy to the Trustee) a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 2 contracts

Samples: Indenture (News Corp), Indenture (News Corp)

Defaulted Interest. If the Issuer defaults Issuers default on a payment of interest on the Notes, it they shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms pursuant to Section 4.01 hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Issuers shall fix such special record date and payment date and provide the Trustee at least 20 days notice of the proposed amount of defaulted interest to be paid and the special payment date and at the same time the Issuers shall deposit with the Trustee the aggregate amount proposed to be paid in a manner satisfactory to respect of such defaulted interest. At least 15 days before such special record date, the Trustee. The Issuer Issuers shall promptly mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Issuers may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Issuers to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 2 contracts

Samples: Target Directories of Michigan Inc, TWP Capital Corp Ii

Defaulted Interest. If the Issuer defaults Issuers default on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Issuers shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Issuers shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Issuers may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Issuers to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 2 contracts

Samples: Indenture (Ashton Woods USA L.L.C.), Ashton Houston Residential L.L.C.

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer shall promptly mail or electronically deliver to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 2 contracts

Samples: Sears Holdings Corp, Sears Holdings Corp

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Notes, it the Company shall pay the defaulted interest, interest then borne by the Notes plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes thereof on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Company shall promptly mail to each Holder of such Notes affected Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee. Notwithstanding the foregoing, any interest which is paid prior to the expiration of the 30-day period set forth in Section 6.01(1) shall be paid to Holders as of the record date for the Interest Payment Date for which interest has not been paid.

Appears in 2 contracts

Samples: Crown Holdings Inc, Indenture (Crown Holdings Inc)

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five ten Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 15 days before such special record date, the Company shall promptly mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on such defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed andlisted, and upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentenceparagraph, such manner of payment shall be deemed practicable by the Trustee.

Appears in 2 contracts

Samples: Indenture (Mettler Toledo Holding Inc), Mettler Toledo Holding Inc

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (plus, to the extent permitted by law) , any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date. At least ten days before the record date, which date the Company shall be at least five Business Days prior mail to the payment date. The Issuer shall fix such special record date Trustee and payment date in a manner satisfactory to the Trustee. The Issuer shall promptly mail to each Holder (in accordance with the procedures of such Notes the relevant depositary or, in the case of a Note issued in the form of a Global Note under the New Safekeeping Structure, the applicable procedures of the Common Safekeeper) a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any pay defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 2 contracts

Samples: Indenture, (Amphenol Corp /De/), Indenture, (Amphenol Corp /De/)

Defaulted Interest. If the Issuer defaults Issuers default on a payment of interest on the Notes, it they shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Issuers shall fix such special record date and payment date and provide the Trustee at least 20 days notice of the proposed amount of defaulted interest to be paid and the special payment date and at the same time the Issuers shall deposit with the Trustee the aggregate amount proposed to be paid in a manner satisfactory to respect of such defaulted interest. At least 15 days before such special record date, the Trustee. The Issuer Issuers shall promptly mail to each Holder of such Notes noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Issuers may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Issuers to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 2 contracts

Samples: Indenture (Insight Communications of Central Ohio LLC), Coaxial LLC

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Senior Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Company shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Senior Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 2 contracts

Samples: Indenture (Donnelley R H Inc), Donnelley R H Inc

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The At least 10 days before such special record date, the Issuer shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.of

Appears in 1 contract

Samples: Matria Healthcare Inc

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the NotesSecurities, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Company shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes Securities may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee. (if applicable) of any securities exchange on which the Securities may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Purchase Agreement (C&d Technologies Inc)

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Note Trustee. The At least 10 days before such special record date, the Issuer shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Note Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Note Trustee.

Appears in 1 contract

Samples: Indenture (LYON EAST GARRISON Co I, LLC)

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it then the Issuer shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory and pro- vide the Trustee at least 20 days written notice of the proposed amount of defaulted interest to be paid and the Trustee. The special payment date and at the same time the Issuer shall promptly deposit with the Trustee the aggregate amount proposed to be paid in respect of such defaulted interest. At least 15 days before such special record date, the Issuer shall mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Canwest Media Inc

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with each case as provided in the terms Notes and in Sections 2.16 and 4.01 hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The At least 10 days before such special record date, the Issuer shall promptly mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Elk Horn Coal Co LLC

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Defaulted Interest. If the Issuer defaults Issuers default on a payment of interest on the Notes, it they shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Issuers shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer Issuers shall promptly mail send to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Issuers may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Issuers to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Indenture (Trilogy International Partners Inc.)

Defaulted Interest. If the Issuer defaults Issuers default on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Issuers shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Issuers shall promptly mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Issuers may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Issuers to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Security Agreement (Portrait Corp of America, Inc.)

Defaulted Interest. If the Issuer defaults on a payment of interest on the NotesNotes of any series, it shall pay the defaulted interestinterest in any lawful manner, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with paragraph 1 of the terms hereofapplicable Notes, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The At least 10 days before such special record date, the Issuer shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes of any series may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: 3019693 Nova Scotia U.L.C.

Defaulted Interest. If the Issuer defaults on a payment of interest or Additional Interest, if any, on the Discount Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The At least 10 days before such special record date, the Issuer shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Discount Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Idleaire Technologies Corp

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Notes, when the same becomes due and payable and such nonpayment continues for a period of 30 days, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix At least 10 days before such special record date and payment date in a manner satisfactory to date, the Trustee. The Issuer Company shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Indenture (CEB Inc.)

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it they shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms pursuant to Section 4.01 hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory and provide the Trustee at least 20 days notice of the proposed amount of defaulted interest to be paid and the Trustee. The special payment date and at the same time the Issuer shall promptly deposit with the Trustee the aggregate amount proposed to be paid in respect of such defaulted interest. At least 15 days before such special record date, the Issuer shall mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Indenture (United Industries Corp)

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Senior Discount Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Company shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Senior Discount Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: R H Donnelley Corp

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The At least 10 days before such special record date, the Issuer shall promptly mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Indenture (River Marine Terminals Inc)

Defaulted Interest. If the Issuer Company defaults on in a payment of interest on the Notes, it such interest shall cease to be payable to the registered Holder on the relevant Record Date and the Company shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms pursuant to Section 4.1 hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date and provide the Trustee at least 20 days' notice of the proposed amount of defaulted interest to be paid and the special payment date and at the same time the Company shall deposit with the Trustee the aggregate amount proposed to be paid in a manner satisfactory to respect of such defaulted interest. At least 15 days before such special record date, the Trustee. The Issuer Company shall promptly mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be are listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Indenture (MMH Holdings Inc)

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory not unsatisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Company shall promptly mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Fairfield Manufacturing Co Inc

Defaulted Interest. If the Issuer Company defaults on in a payment of interest on the Notes, it such interest shall forthwith cease to be payable to the registered Holder on the relevant Record Date and the Company shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms pursuant to Section 4.1 hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record dateRecord Date, which date shall be at least five Business Days prior to the payment date. The Issuer Company shall fix such special record date Record Date and payment date and provide the Trustee at least 20 days' notice of the proposed amount of defaulted interest to be paid and the special payment date and at the same time the Company shall deposit with the Trustee the aggregate amount proposed to be paid in a manner satisfactory to respect of such defaulted interest. At least 15 days before such special Record Date, the Trustee. The Issuer Company shall promptly mail to each Holder of such Notes Noteholder a notice that states the special record dateRecord Date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Morris Material Handling Inc

Defaulted Interest. If the Issuer defaults Issuers default on a payment of interest on the Notes, it they shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Issuers shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer Issuers shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Issuers may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Issuers to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Indenture (Starz, LLC)

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory to the TrusteeTrustee and the Paying Agent. The Issuer At least 10 days before such special record date, the Company shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Alliance Data Systems Corp

Defaulted Interest. If the Issuer defaults Issuers default on a payment of interest on the Notes, it they shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms pursuant to Section 4.1 hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Issuers shall fix such special record date and payment date and provide the Trustee at least 20 days notice of the proposed amount of defaulted interest to be paid and the special payment date and at the same time the Issuers shall deposit with the Trustee the aggregate amount proposed to be paid in a manner satisfactory to respect of such defaulted interest. At least 15 days before such special record date, the Trustee. The Issuer Issuers shall promptly mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Issuers may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Issuers to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Indenture (Aoa Capital Corp)

Defaulted Interest. If the Issuer defaults Issuers default on a payment of interest on the Notes, it the Issuers shall pay the defaulted interest, interest then borne by the Notes plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes thereof on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Issuers shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Issuers shall promptly mail to each Holder of such Notes affected Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on Table of Contents defaulted interest, if any, to be paid. The Issuer Issuers may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Issuers to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee. Notwithstanding the foregoing, any interest which is paid prior to the expiration of the 30-day period set forth in Section 6.01(1) shall be paid to Holders as of the record date for the Interest Payment Date for which interest has not been paid.

Appears in 1 contract

Samples: Indenture (Crown Holdings Inc)

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Notes, it they shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes Noteholders on a subsequent special record date, which date shall be at least five Business Days prior to the such payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 15 days before such special record date, the Company shall promptly mail to each Holder of such Notes Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on such defaulted interest, if any, to be paidpaid on such special record date. The Issuer Notwithstanding any of the foregoing, the Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed andlisted, and upon such notice as may be required by such exchange, exchange if, after written upon notice given by the Issuer Company to the Trustee of the such proposed payment pursuant to this sentencemethod of payment, such manner of payment shall be deemed practicable satisfactory by the Trustee.

Appears in 1 contract

Samples: Affinity Group Holding Inc

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.. Table of Contents

Appears in 1 contract

Samples: Indenture (Amsurg Corp)

Defaulted Interest. If the Issuer defaults on a payment of interest on the Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer shall fix such special record date and payment date in a manner satisfactory to the Trustee. The At least ten days before such special record date, the Issuer shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Indenture (Spansion Inc.)

Defaulted Interest. If the Issuer Company defaults on a payment of interest on the Senior Subordinated Notes, it shall pay the defaulted interest, plus (to the extent permitted by law) any interest payable on the defaulted interest, in accordance with the terms hereof, to the Persons who are Holders of such Notes on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Issuer Company shall fix such special record date and payment date in a manner satisfactory to the Trustee. The Issuer At least 10 days before such special record date, the Company shall promptly mail to each Holder of such Notes a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid. The Issuer Company may make payment of any defaulted interest in any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Senior Subordinated Notes may be listed and, upon such notice as may be required by such exchange, if, after written notice given by the Issuer Company to the Trustee of the proposed payment pursuant to this sentence, such manner of payment shall be deemed practicable by the Trustee.

Appears in 1 contract

Samples: Donnelley R H Inc

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