Common use of Currency and Manner of Payments in Respect of Securities Clause in Contracts

Currency and Manner of Payments in Respect of Securities. (a) Unless otherwise specified with respect to any Securities pursuant to Section 301, with respect to Registered Securities of any series not permitting the election provided for in Subsection (b) of this Section or the Holders of which have not made the election provided for in Subsection (b) of this Section, and with respect to Bearer Securities of any series, except as provided in Subsection (d) of this Section, payment of the principal of (and premium, if any) and interest, if any, on any Registered or Bearer Security of such series will be made in the Currency in which such Registered Security or Bearer Security, as the case may be, is payable. The provisions of this Section 312 may be modified or superseded with respect to any Securities pursuant to Section 301.

Appears in 12 contracts

Samples: Indenture (Tampa DC, LLC), Indenture (Federated National Holding Co), Indenture (Federated National Holding Co)

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Currency and Manner of Payments in Respect of Securities. (a) Unless otherwise specified with respect to any Securities pursuant to Section 301, with respect to Registered Securities of any series not permitting the election provided for in Subsection subsection (b) of this Section below or the Holders of which have not made the election provided for in Subsection subsection (b) of this Sectionbelow, and with respect to Bearer Securities of any series, except as provided in Subsection subsection (d) of this Sectionbelow, payment of the principal of (and premium, if any, on) and interest, if any, on any Registered Security or Bearer Security of such series will be made in the Currency in which such Registered Security or Bearer Security, as the case may be, is payable. The provisions of this Section 312 may be modified or superseded with respect to any Securities pursuant to Section 301.

Appears in 3 contracts

Samples: Indenture (Nutrien Ltd.), Indenture (Nutrien Ltd.), Indenture (Agrium Inc)

Currency and Manner of Payments in Respect of Securities. (a) Unless otherwise specified with respect to any series of Securities pursuant to Section 3013.01, with respect to Registered Securities of any series not permitting the election provided for in Subsection paragraph (b) of this Section below or the Holders of which have not made the election provided for in Subsection paragraph (b) of this Sectionbelow, and with respect to Bearer Securities of any series, except as provided in Subsection paragraphs (d) of this Sectionand (e) below, payment of the principal of (and of, premium, if any) , and interest, if any, on on, any Registered or Bearer Security of such series will be made in the Currency in which such Registered Security or Bearer Security, as the case may be, is payable. The provisions of this Section 312 3.12 may be modified or superseded with respect to any Securities pursuant to Section 3013.01.

Appears in 2 contracts

Samples: Indenture (Sea Containers LTD /Ny/), Sea Containers LTD /Ny/

Currency and Manner of Payments in Respect of Securities. (a) Unless otherwise specified with respect to any series of Securities pursuant to Section 301, with respect to Registered Securities of any series not permitting the election provided for in Subsection paragraph (b) of this Section below or the Holders of which have not made the election provided for in Subsection paragraph (b) of this Sectionbelow, and with respect to Bearer Securities of any series, except as provided in Subsection paragraphs (d) of this Sectionand (e) below, payment of the principal of (and premium, if any) and interest, if any, on on, any Registered or Bearer Security of such series will be made in the Currency in which such Registered Security or Bearer Security, as the case may be, is payable. The provisions of this Section 312 may be modified or superseded with respect to any Securities pursuant to Section 301.

Appears in 2 contracts

Samples: Senior Note Indenture (Avnet Inc), Avnet Inc

Currency and Manner of Payments in Respect of Securities. (a) Unless otherwise specified with respect to any Securities pursuant to Section 301, with respect to Registered Securities of any series not permitting the election provided for in Subsection paragraph (b) of this Section below or the Holders of which have not made the election provided for in Subsection paragraph (b) of this Sectionbelow, and with respect to Bearer Securities of any series, except as provided in Subsection paragraph (d) of this Sectionbelow, payment of the principal of (and premium, if any) and interest, if any, on any Registered or Bearer Security of such series will be made in the Currency in which such Registered Security or Bearer Security, as the case may be, is payable. The provisions of this Section 312 311 may be modified or superseded with respect to any Securities pursuant to Section 301.

Appears in 1 contract

Samples: Lci International Inc /Va/

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Currency and Manner of Payments in Respect of Securities. (a) Unless otherwise specified with respect to any Securities pursuant to Section 301, with respect to Registered Securities of any series not permitting the election provided for in Subsection paragraph (b) of this Section below or the Holders of which have not made the election provided for in Subsection paragraph (b) of this Sectionbelow, and with respect to Bearer Securities of any series, except as provided in Subsection paragraph (d) of this Sectionbelow, payment of the principal of (and premium, if any, on) and interest, if any, on any Registered Regis tered or Bearer Security of such series will be made in the Currency in which such Registered Security or Bearer Security, as the case may be, is payable. The provisions of this Section 312 may be modified or superseded with respect to any Securities pursuant to Section 301.

Appears in 1 contract

Samples: Cendant Corp

Currency and Manner of Payments in Respect of Securities. (a) Unless otherwise specified with respect to any series of Securities pursuant to Section 3013.01, with respect to Registered Securities of any series not permitting the election provided for in Subsection paragraph (b) of this Section below or the Holders of which have not made the election provided for in Subsection paragraph (b) of this Sectionbelow, and with respect to Bearer Securities of any series, except as provided in Subsection paragraphs (d) of this Sectionand (e) below, payment of the principal of (and of, premium, if any) , and interest, if any, on on, any Registered or Bearer Security of such series will be made in the Currency in which such Registered Security or Bearer Security, as the case may be, is payable. The provisions of this Section 312 3.12 may be modified or superseded with respect to any Securities pursuant to Section 3013.01.

Appears in 1 contract

Samples: Indenture (Sea Containers LTD /Ny/)

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