Common use of Distributions on the Clause in Contracts

Distributions on the. Trust Securities shall be cumulative, and will accumulate whether or not there are funds of the Trust available for the payment of Distributions. Distributions shall accrue from July 26, 1999, and, except in the event (and to the extent) that the Depositor exercises its right to defer the payment of interest on the Notes pursuant to the Indenture, shall be payable quarterly in arrears on August 31, November 30, February 28 and May 31 of each year, commencing on August 31, 1999. If any date on which a Distribution is otherwise payable on the Trust Securities is not a Business Day, then the payment of such Distribution shall be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, payment of such Distribution shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date (each date on which distributions are payable in accordance with this Section 4.1(a), a "Distribution Date").

Distributions on the. Trust Securities shall be cumulative, and will shall accumulate whether or not there are funds of the Trust available for the payment of Distributions. Distributions shall accrue accumulate from July 26, 19992000, and, except as provided in the event clause (and to the extentii) that the Depositor exercises its right to defer the payment of interest on the Notes pursuant to the Indenturebelow, shall be payable quarterly semi-annually in arrears on August 31, November 30, February 28 January 19 and May 31 July 19 of each year, commencing on August 31January 19, 19992001. If any date on which a Distribution is otherwise payable on the Trust Securities is not a Business Day, then the payment of such Distribution shall be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) ), except that, if such Business Day is falls in the next succeeding calendar year, such payment of such Distribution shall will be made on the immediately preceding Business Day, in each case case, with the same force and effect as if made on such date date. (each date on which distributions are payable in accordance with this Section 4.1(a), a "Distribution Date").;

Distributions on the. Trust Securities shall be cumulative, and will accumulate whether or not there are funds of the Trust available for the payment of Distributions. Distributions shall accrue accumulate from July 26_________, 19991997, and, except in the event (and during any Extended Interest Payment Period with respect to the extent) that the Depositor exercises its right to defer the payment of interest on the Notes pursuant to the IndentureDebentures, shall be payable quarterly in arrears on August March 31, November June 30, February 28 September 30 and May December 31 of each year, commencing on August 31June 30, 19991997 (each date on which distributions are payable in accordance with the foregoing a "Distribution Date"). If any date on which a Distribution is otherwise payable on the Trust Securities is not a Business Day, then the payment of such Distribution shall be made on the next succeeding day that is a Business Day (and without any additional Distributions, interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, payment of such Distribution shall be made on the immediately preceding Business Day), in each case with the same force and effect as if made on the date such date (each date on which distributions are payable in accordance with this Section 4.1(a), a "Distribution Date")payment was originally payable.

Distributions on the. Trust Securities shall be cumulative, cumulative and will accumulate whether or not there are funds of the Trust available for the payment of Distributions. Distributions shall accrue from July 26, 1999, the Issue Date and, except in the event (and to the extent) that the Depositor exercises its right to defer extend the interest payment of interest on period for the Junior Subordinated Notes pursuant to Section 104 of the Supplemental Indenture, shall be payable quarterly in arrears on August March 31, November June 30, February 28 September 30 and May December 31 of each year, commencing on August December 31, 19991995. If any date on which a Distribution is Distributions are otherwise payable on the Trust Securities is not a Business Day, then the payment of such Distribution shall be made on the next succeeding day that which is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, payment of such Distribution distribution shall be made on the immediately preceding Business Day, in each case case, with the same force and effect as if made on such date (each date on which distributions are payable in accordance with this Section 4.1(a)such date, a "Distribution Date").