Common use of Date and Denomination of Debt Securities Clause in Contracts

Date and Denomination of Debt Securities. The Debt Securities shall be issuable as registered Debt Securities without coupons and in such denominations as shall be specified as contemplated by Section 2.03. In the absence of any such specification with respect to the Debt Securities of any series, the Debt Securities of such series shall be issuable in the denominations of $1,000 and any multiple thereof. The Debt Securities shall be numbered, lettered, or otherwise distinguished in such manner or in accordance with such plans as the officers executing the same may determine with the approval of the Trustee as evidenced by the execution and authentication thereof. Every Debt Security shall be dated the date of its authentication, shall bear interest, if any, from such date and shall be payable on such dates, in each case, as contemplated by Section 2.03. The interest installment on any Security that is payable, and is punctually paid or duly provided for, on any Interest Payment Date for Debt Securities of that series shall be paid to the Person in whose name said Debt Security (or one or more Predecessor Securities) is registered at the close of business on the regular record date for such interest installment. In the event that any Debt Security of a particular series or portion thereof is called for redemption and the redemption date is subsequent to a regular record date with respect to any Interest Payment Date and prior to such Interest Payment Date, interest on such Debt Security will be paid upon presentation and surrender of such Debt Security as provided in Section 14.03. Any interest on any Debt Security that is payable, but is not punctually paid or duly provided for, on any Interest Payment Date for a Debt Security of the same series (herein called "Defaulted Interest") shall forthwith cease to be payable to the registered holder on the relevant regular record date by virtue of having been such holder; and such Defaulted Interest shall be paid by the Company, at its election, as provided in clause (1) or clause (2) below:

Date and Denomination of Debt Securities. The Debt Securities of each series shall be issuable as in registered Debt Securities form without coupons and in such denominations as shall be specified as contemplated by Section 2.032.02. In the absence of any such specification with respect to the Debt Securities of any series, the Debt Securities of such series shall be issuable in the denominations of $1,000 and any multiple thereofof $1,000. The Debt Securities of each series shall be numbered, lettered, lettered or otherwise distinguished in such manner or in accordance with such plans plan as the officers of the Company executing the same may determine with the approval of the Trustee as evidenced by the execution and authentication thereof. Every Debt Security shall be dated the date of its authentication, shall bear interest, if any, from such date and shall be payable on such dates, in each case, as contemplated by Section 2.03Trustee. The interest installment on any Security that is payable, and is punctually paid or duly provided for, on any Interest Payment Date for Debt Securities of that series shall be paid to the Person person in whose name said any Debt Security (or one or more Predecessor Securities) of a particular series is registered at the close of business on the regular any record date for such interest installment. In the event that any Debt Security of a particular series or portion thereof is called for redemption and the redemption date is subsequent to a regular record date (as hereinafter defined) with respect to any Interest Payment Date interest payment date for such series shall be entitled to receive the interest payable on such interest payment date notwithstanding the cancellation of such Debt Security upon any registration of transfer or exchange subsequent to the record date and prior to such Interest Payment Dateinterest payment date; provided, however, that if and to the extent that the Company shall default in the payment of the interest due on such Debt Security will interest payment date, such defaulted interest shall be paid upon presentation and surrender to the persons in whose names Outstanding Debt Securities of such series are registered on a subsequent record date established by notice given by mail by or on behalf of the Company to the Holders of such Debt Security Securities not less than 15 days preceding such subsequent record date, such record date to be not less than five days preceding the date of payment of such defaulted interest. Except as provided otherwise specified as contemplated by Section 2.02 for Debt Securities of a particular series, the term "record date" as used in this Section 14.03. Any with respect to any regular interest on any Debt Security that is payablepayment date, but is not punctually paid or duly provided for, on any Interest Payment Date for a Debt Security shall mean the last day of the same series (herein called "Defaulted Interest") calendar month preceding such interest payment date if such interest payment date is the fifteenth day of the calendar month, and shall forthwith cease mean the fifteenth day of the calendar month preceding such interest payment date if such interest payment date is the first day of a calendar month, whether or not such day shall be a day on which banking institutions in The City of New York are authorized or required by law or executive order to be payable to the registered holder close or remain closed. Interest on the relevant regular record date by virtue Debt Securities may at the option of having been such holder; and such Defaulted Interest shall the Company be paid by check mailed to the Company, persons entitled thereto at its election, their respective addresses as provided in clause (1) such appear on the registry books of the Company or clause (2) below:by wire transfer payable to an account specified by such persons. SECTION 2.05.