Common use of Consolidations Clause in Contracts

Consolidations. Upon receipt of instructions from the Company, BNY may deliver to DTC and the CUSIP Service Bureau at any time a written notice of consolidation (a copy of which shall be attached to the resulting Global Security) specifying (i) the CUSIP numbers of two or more Outstanding Global Securities that represent Book-Entry Notes having the same Terms and for which interest has been paid to the same date, (ii) a date, occurring at least thirty days after such written notice is delivered and at least thirty days before the next Interest Payment Date for such Book-Entry Notes, on which such Global Securities shall be exchanged for a single replacement Global Security and (iii) a new CUSIP number to be assigned to such replacement Global Security. Upon receipt of such a notice, it is expected that DTC will send to its participants (including BNY) a written reorganization notice to the effect that such exchange will occur on such date. Prior to the specified exchange date, BNY will deliver to the CUSIP Service Bureau a written notice setting forth such exchange date and the new CUSIP number and stating that, as of such exchange date, the CUSIP numbers of the Global Securities to be exchanged will no longer be valid. On the specified exchange date, BNY will exchange such Global Securities for a single Global Security bearing the new CUSIP number, and the CUSIP numbers of the exchanged Global Securities will, in accordance with CUSIP Service Bureau procedures, be cancelled and not reassigned until the Book-Entry Notes represented by such exchanged Global Securities have matured or been redeemed.

Appears in 6 contracts

Samples: Distribution Agreement (Washington Gas Light Co), Distribution Agreement (WGL Holdings Inc), Distribution Agreement (Washington Gas Light Co)

AutoNDA by SimpleDocs

Consolidations. Upon receipt of written instructions from the Company, BNY U.S. Bank Trust may deliver to DTC and the CUSIP Service Bureau at any time a written notice of consolidation (a copy of which shall be attached to the resulting Global Security) specifying (i) the CUSIP numbers of two or more Outstanding Global Securities that represent Book-Entry Notes having the same Terms and for which interest has been paid to the same date, (ii) a date, occurring at least thirty days after such written notice is delivered and at least thirty days before the next Interest Payment Date for such Book-Entry Notes, on which such Global Securities shall be exchanged for a single replacement Global Security and (iii) a new CUSIP number to be assigned to such replacement Global Security. Upon receipt of such a notice, it is expected that DTC will send to its participants (including BNYU.S. Bank Trust) a written reorganization notice to the effect that such exchange will occur on such date. Prior to the specified exchange date, BNY U.S. Bank Trust will deliver to the CUSIP Service Bureau a written notice setting forth such exchange date and the new CUSIP number and stating that, as of such exchange date, the CUSIP numbers of the Global Securities to be exchanged will no longer be valid. On the specified exchange date, BNY U.S. Bank Trust will exchange such Global Securities for a single Global Security bearing the new CUSIP number, and the CUSIP numbers of the exchanged Global Securities will, in accordance with CUSIP Service Bureau procedures, be cancelled canceled and not reassigned until the Book-Entry Notes represented by such exchanged Global Securities have matured or been redeemed.

Appears in 5 contracts

Samples: Distribution Agreement (Central Hudson Gas & Electric Corp), Distribution Agreement (Central Hudson Gas & Electric Corp), Distribution Agreement (Central Hudson Gas & Electric Corp)

Consolidations. Upon receipt The Bank of instructions from the Company, BNY New York may deliver to DTC and the CUSIP Service Bureau at any time a written notice of consolidation (a copy of which shall be attached to the resulting Global Security) specifying (i) the CUSIP numbers of two or more Outstanding outstanding Global Securities that represent Book-Entry Notes Securities having the same Terms and for which interest has been paid to the same date, (ii) a date, occurring at least thirty days after such written notice is delivered and at least thirty days before the next Interest Payment Date for such Book-Entry NotesSecurities, on which such Global Securities shall be exchanged for a single replacement Global Security and (iii) a new CUSIP number to be assigned to such replacement Global Security. Upon receipt of such a notice, it is expected that DTC will send to its participants Participants (including BNYThe Bank of New York) a written reorganization notice to the effect that such exchange will occur on such date. Prior to the specified exchange date, BNY The Bank of New York will deliver to the CUSIP Service Bureau a written notice setting forth such exchange date and the new CUSIP number and stating that, as of such exchange date, the CUSIP numbers of the Global Securities to be exchanged will no longer be valid. On the specified exchange date, BNY the Trustee will exchange such Global Securities for a single Global Security bearing the new CUSIP number, and the CUSIP numbers of the exchanged Global Securities will, in accordance with CUSIP Service Bureau procedures, be cancelled canceled and not reassigned until immediately reassigned. Notwith- standing the Book-Entry Notes represented by such foregoing, if the Global Securities to be exchanged exceed $200,000,000 in aggregate principal amount, one Global Security will be authenticated and issued to represent each $200,000,000 of principal amount of the exchanged Global Security and an additional Global Security will be authenticated and issued to represent any remaining principal amount of such Global Securities have matured or been redeemed(see "Denominations" below).

Appears in 2 contracts

Samples: Distribution Agreement (Texas Utilities Electric Co), Terms Agreement (Texas Utilities Electric Co)

Consolidations. Upon receipt of written instructions from the Company, BNY Summit may deliver to DTC and the CUSIP Service Bureau at any time a written notice of consolidation (a copy of which shall be attached to the resulting Global Security) specifying (i) the CUSIP numbers of two or more Outstanding Global Securities that represent Book-Entry Notes having the same Terms and for which interest has been paid to the same date, (ii) a date, occurring at least thirty days after such written notice is delivered and at least thirty days before the next Interest Payment Date for such Book-Entry Notes, on which such Global Securities shall be exchanged for a single replacement Global Security and (iii) a new CUSIP number to be assigned to such replacement Global Security. Upon receipt of such a notice, it is expected that DTC will send to its participants (including BNYSummit) a written reorganization notice to the effect that such exchange will occur on such date. Prior to the specified exchange date, BNY Summit will deliver to the CUSIP Service Bureau a written notice setting forth such exchange date and the new CUSIP number and stating that, as of such exchange date, the CUSIP numbers of the Global Securities to be exchanged will no longer be valid. On the specified exchange date, BNY Summit will exchange such Global Securities for a single Global Security bearing the new CUSIP number, and the CUSIP numbers of the exchanged Global Securities will, in accordance with CUSIP Service Bureau procedures, be cancelled canceled and not reassigned until the Book-Entry Notes represented by such exchanged Global Securities securities have matured or been redeemed.

Appears in 2 contracts

Samples: Etown Corp, Etown Corp

Consolidations. Upon receipt After the first Interest Payment Date on individual issues of instructions from the CompanySecurities, BNY may Deutsche Bank Trust Company Americas will deliver to DTC DTC’s Reorganization Department, Interactive Data Corporation and the CUSIP Service Bureau [at any time least 30 days before the day on which the consolidation is to be effective, as determined by Deutsche Bank Trust Company Americas (the “Exchange Date”),] a written notice of consolidation (a copy of which shall be attached to the resulting Global Security) specifying (i) the CUSIP numbers of two or more Outstanding outstanding Global Securities that represent Book-Entry Notes Securities having different original Issue Dates but otherwise the same Fixed Rate Terms or Variable Rate Terms, as the case may be, and for which interest has been paid to the same date, (ii) a date, occurring at least thirty days after such written notice is delivered and at least thirty days before the next Interest Payment Date for such Book-Entry NotesSecurities, on which such Global Securities shall be exchanged for a single replacement Global Security and Security, (iii) a new CUSIP number to be assigned to such replacement Global SecuritySecurity and (iv) that the CUSIP numbers of the Global Securities to be exchanged will no longer be valid. Upon receipt of such a notice, it is expected that DTC will send to its participants Participants (including BNYDeutsche Bank Trust Company Americas) a written reorganization notice to the effect that such exchange will occur on such date. Prior to the specified exchange date, BNY will deliver to the CUSIP Service Bureau a written notice setting forth such exchange date and the new CUSIP number and stating that, as of such exchange date, the CUSIP numbers of the Global Securities to be exchanged will no longer be valid. On the specified exchange dateExchange Date, BNY Deutsche Bank Trust Company Americas will exchange such Global Securities for a single Global Security bearing the new CUSIP number, the original Issue Dates, together with the respective principal amounts to which they relate, for all exchanged Global Securities and the CUSIP numbers of the exchanged Global Securities will, in accordance with CUSIP Service Bureau procedures, be cancelled canceled and not reassigned until immediately reassigned. Notwithstanding the Book-Entry Notes represented by such foregoing, if the Global Securities to be exchanged exceed $[500,000,000] in aggregate principal amount, one Global Security will be authenticated and issued to represent each $[500,000,000] of principal amount of the exchanged Global Security and an additional Global Security will be authenticated and issued to represent any remaining principal amount of such Global Securities have matured or been redeemed(see “Denominations” above).

Appears in 2 contracts

Samples: Distribution Agreement (Florida Power & Light Co), Distribution Agreement (FPL Group Inc)

AutoNDA by SimpleDocs

Consolidations. Upon receipt After the first Interest Payment Date on individual issues of instructions from the CompanySecurities, BNY may Deutsche Bank Trust Company Americas will deliver to DTC DTC’s Reorganization Department, ___________ and CGSI [at least 30 days before the CUSIP Service Bureau at any time day on which the consolidation is to be effective, as determined by Deutsche Bank Trust Company Americas (the “Exchange Date”),] a written notice of consolidation (a copy of which shall be attached to the resulting Global Security) specifying (i) the CUSIP numbers of two or more Outstanding outstanding Global Securities that represent Book-Entry Notes Securities having different original Issue Dates but otherwise the same Fixed Rate Terms or Variable Rate Terms, as the case may be, and for which interest has been paid to the same date, (ii) a date, occurring at least thirty days after such written notice is delivered and at least thirty days before the next Interest Payment Date for such Book-Entry NotesSecurities, on which such Global Securities shall be exchanged for a single replacement Global Security and Security, (iii) a new CUSIP number to be assigned to such replacement Global SecuritySecurity and (iv) that the CUSIP numbers of the Global Securities to be exchanged will no longer be valid. Upon receipt of such a notice, it is expected that DTC will send to its participants Participants (including BNYDeutsche Bank Trust Company Americas) a written reorganization notice to the effect that such exchange will occur on such date. Prior to the specified exchange date, BNY will deliver to the CUSIP Service Bureau a written notice setting forth such exchange date and the new CUSIP number and stating that, as of such exchange date, the CUSIP numbers of the Global Securities to be exchanged will no longer be valid. On the specified exchange dateExchange Date, BNY Deutsche Bank Trust Company Americas will exchange such Global Securities for a single Global Security bearing the new CUSIP number, the original Issue Dates, together with the respective principal amounts to which they relate, for all exchanged Global Securities and the CUSIP numbers of the exchanged Global Securities will, in accordance with CUSIP Service Bureau CGSI procedures, be cancelled canceled and not reassigned until immediately reassigned. Notwithstanding the Book-Entry Notes represented by such foregoing, if the Global Securities to be exchanged exceed $[500,000,000] in aggregate principal amount, one Global Security will be authenticated and issued to represent each $[500,000,000] of principal amount of the exchanged Global Security and an additional Global Security will be authenticated and issued to represent any remaining principal amount of such Global Securities have matured or been redeemed(see “Denominations” above).

Appears in 1 contract

Samples: Distribution Agreement (Florida Power & Light Co)

Consolidations. Upon receipt of instructions from the Company, BNY the -------------- Paying Agent may deliver to DTC and the CUSIP Service Bureau at any time a written notice of consolidation (a copy of which shall be attached to the resulting Global SecuritySecurity described below) specifying (i) the CUSIP numbers of two or more Outstanding Global Securities that represent Book-Entry Notes having the same Terms and for which interest has been paid to the same date, (ii) a date, occurring at least thirty days after such written notice is delivered and at least thirty days before the next Interest Payment Date (as defined below) for such Book-Entry Notes, on which such Global Securities shall be exchanged for a single replacement Global Security and (iii) a new CUSIP number to be assigned to such replacement Global Security. Upon receipt of such a notice, it is expected that DTC will send to its participants Participants (including BNYthe Paying Agent) a written reorganization notice to the effect that such exchange will occur on such date. Prior to the specified exchange date, BNY the Paying Agent will deliver to the CUSIP Service Bureau a written notice setting forth such exchange date and the new CUSIP number and stating that, as of such exchange date, the CUSIP numbers of the Global Securities to be exchanged will no longer be valid. On the specified exchange date, BNY the Paying Agent will exchange such Global Securities for a single Global Security bearing the new CUSIP number, and the CUSIP numbers of the exchanged Global Securities will, in accordance with CUSIP Service Bureau procedures, be cancelled canceled and not reassigned until the Book-Entry Notes represented by such exchanged Global Securities have matured or been redeemed. Notwithstanding the foregoing, if the Global Securities to be exchanged exceed $[150,000,000] in aggregate principal amount, one Global Security will be authenticated and issued to represent each $[150,000,000] of principal amount of the exchanged Global Security and an additional Global Security will be authenticated and issued to represent any remaining principal amount of such Global Securities (see "Denominations" below).

Appears in 1 contract

Samples: Terms Agreement (Dqe Capital Corp)

Consolidations. Upon receipt of instructions from the -------------- Company, BNY may deliver to DTC and the CUSIP Service Bureau at any time a written notice of consolidation (a copy of which shall be attached to the resulting Global Security) specifying (i) the CUSIP numbers of two or more Outstanding Global Securities that represent Book-Entry Notes having the same Terms and for which interest has been paid to the same date, (ii) a date, occurring at least thirty days after such written notice is delivered and at least thirty days before the next Interest Payment Date for such Book-Entry Notes, on which such Global Securities shall be exchanged for a single replacement Global Security and (iii) a new CUSIP number to be assigned to such replacement Global Security. Upon receipt of such a notice, it is expected that DTC will send to its participants (including BNY) a written reorganization notice to the effect that such exchange will occur on such date. Prior to the specified exchange date, BNY will deliver to the CUSIP Service Bureau a written notice setting forth such exchange date and the new CUSIP number and stating that, as of such exchange date, the CUSIP numbers of the Global Securities to be exchanged will no longer be valid. On the specified exchange date, BNY will exchange such Global Securities for a single Global Security bearing the new CUSIP number, and the CUSIP numbers of the exchanged Global Securities will, in accordance with CUSIP Service Bureau procedures, be cancelled and not reassigned until the Book-Entry Notes represented by such exchanged Global Securities have matured or been redeemed.

Appears in 1 contract

Samples: Washington Gas Light Co

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