Common use of EXTENSION OF INTEREST PAYMENT Clause in Contracts

EXTENSION OF INTEREST PAYMENT. The Company shall have the right at any time, so long as the Company is not in default in the payment of interest on the Securities of any series hereunder, to extend interest payment periods on all Securities of one or more series, if so specified as contemplated by Section 301 with respect to such Securities and upon such terms as may be specified as contemplated by Section 301 with respect to such Securities. If the Company ever so extends any such interest payment period, the Company shall promptly notify the Trustee in writing.

Appears in 4 contracts

Samples: Indenture (Core Molding Technologies Inc), Indenture (Core Molding Technologies Inc), Indenture (Fox Factory Holding Corp)

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EXTENSION OF INTEREST PAYMENT. The Company shall have the right at any time, so long as the Company is not in default in the payment of interest on the Securities of any series hereunder, to extend interest payment periods on all Securities of one or more series, if so specified as contemplated by Section 301 with respect to such Securities and upon such terms as may be specified as contemplated by Section 301 with respect to such Securities. If the Company ever so extends any such interest payment period, the Company shall promptly notify the Trustee in writingTrustee.

Appears in 3 contracts

Samples: Indenture (China Gerui Advanced Materials Group LTD), China Security & Surveillance Technology, Inc., Headwaters Inc

EXTENSION OF INTEREST PAYMENT. The Company shall have the right at any time, so long as the Company is not in default in the payment of interest on the Debt Securities of any series hereunder, to extend interest payment periods on all Securities of one or more series, or Tranches thereof, if so specified as contemplated by Section 301 with respect to such Debt Securities and upon such terms as may be specified as contemplated by Section 301 with respect to such Debt Securities. If the Company ever so extends any such interest payment period, the Company shall promptly notify the Trustee in writing.]*

Appears in 2 contracts

Samples: Carolina Power & Light Co, North Carolina Natural Gas Corp

EXTENSION OF INTEREST PAYMENT. The Company shall have the right at any time, so long as the Company no Event of Default hereunder has occurred and is not in default in the payment of interest on continuing with respect to the Securities of any series hereunderseries, to extend interest payment periods from time to time on all Securities of one or more such series, if so specified as contemplated by Section 301 3.1 with respect to such Securities and upon such terms as may be specified as contemplated by Section 301 3.1 with respect to such Securities. If the Company ever so extends any such interest payment period, the Company shall promptly notify the Trustee in writing.

Appears in 1 contract

Samples: Infinity Capital Trust I

EXTENSION OF INTEREST PAYMENT. The Company shall have the right at any time, so long as the Company is not in default in the payment of interest on the Securities of any series hereunder, to extend interest payment periods on all Securities the Bonds of one or more seriesany series hereunder, if so specified as contemplated by Section 301 2.01 with respect to such Securities Bonds and upon such terms as may be specified as contemplated by Section 301 2.01 with respect to such Securities. If the Company ever so extends any such interest payment period, the Company shall promptly notify the Trustee in writingBonds.

Appears in 1 contract

Samples: Twentieth Supplemental Indenture (Tampa Electric Co)

EXTENSION OF INTEREST PAYMENT. The Company shall have the right at any time, so long as the Company is not in default in the payment of interest on the Debt Securities of any series hereunder, to extend interest payment periods on all Debt Securities of one or more series, or Tranches thereof, if so specified as contemplated by Section 301 3.01 with respect to such Debt Securities and upon such terms as may be specified as contemplated by Section 301 3.01 with respect to such Debt Securities. If the Company ever so extends any such interest payment period, the Company shall promptly notify the Trustee in writing.

Appears in 1 contract

Samples: Pebblebrook Hotel Trust

EXTENSION OF INTEREST PAYMENT. The Company shall have the right at any time, so long as the Company is not in default in the payment of interest on the Securities of any series hereunder, to extend interest payment periods on all Securities of one or more series, or Tranches thereof, if so specified as contemplated by Section 301 with respect to such Securities and upon such terms as may be specified as contemplated by Section 301 with respect to such Securities. If the Company ever so extends any such interest payment period, the Company shall promptly notify the Trustee in writing.securities .]8 ARTICLE FOUR

Appears in 1 contract

Samples: Indenture (Union Electric Co)

EXTENSION OF INTEREST PAYMENT. The Company shall have the right at any time, so long as the Company is not in default in the payment of interest on the Securities of any series hereunder, to extend interest payment periods on all Securities of one or more series, if so specified as contemplated by Section 301 301(b) with respect to such Securities and upon such terms as may be specified as contemplated by Section 301 301(b) with respect to such Securities. If the Company ever so extends any such interest payment period, the Company shall promptly notify the Trustee in writing.Trustee. ARTICLE FOUR

Appears in 1 contract

Samples: First Mid Illinois Bancshares Inc

EXTENSION OF INTEREST PAYMENT. The Company shall have the right at any time, so long as the Company is not in default in the payment of interest on the Securities of any series hereunder, to extend interest payment periods on all Securities of one or more series, if so specified as contemplated by Section 301 with respect to such Securities and upon such terms as may be specified as contemplated by Section 301 with respect to such Securities. If Should the Company ever so extends extend any such interest payment period, the Company shall promptly notify the Trustee in writing.Trustee. ARTICLE FOUR

Appears in 1 contract

Samples: Indenture (National Fuel Gas Co)

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EXTENSION OF INTEREST PAYMENT. The Company shall have the right at any time, so long as the Company no Event of Default hereunder has occurred and is not in default in the payment of interest on continuing with respect to the Securities of any series hereunderseries, to extend interest payment periods from time to time on all Securities of one or more such series, if so specified as contemplated by Section 301 with respect to such Securities and upon such terms as may be specified as contemplated by Section 301 with respect to such Securities. If the Company ever so extends any such interest payment period, the Company shall promptly notify the Trustee in writing.ARTICLE FOUR

Appears in 1 contract

Samples: Subordinated Indenture (Southwestern Electric Power Co)

EXTENSION OF INTEREST PAYMENT. The Company shall have the right at any time, so long as the Company is not in default in the payment of interest on the Securities of any series hereunder, to extend interest payment periods on all Securities of one or more series, if so specified as contemplated by Section 301 with respect to such Securities and upon such terms as may be specified as contemplated by Section 301 with respect to such Securities. If the Company ever so extends any such interest payment period, the Company shall promptly notify the Trustee in writing.] ARTICLE FOUR

Appears in 1 contract

Samples: Trust Agreement (Txu Electric Capital Viii)

EXTENSION OF INTEREST PAYMENT. The Company shall have the right at any time, so long as the Company is not in default in the payment of interest on the Securities of any series hereunder, to extend interest payment periods on all Securities of one or more series, if so specified as contemplated by Section 301 with respect to such Securities and as contemplated by Section 3.01, upon such terms as may be specified with respect to such Securities as contemplated by Section 301 with respect to such Securities. If the Company ever so extends any such interest payment period, the Company shall promptly notify the Trustee in writing3.01.

Appears in 1 contract

Samples: Indenture (United Natural Foods Inc)

EXTENSION OF INTEREST PAYMENT. The Company shall have the ----------------------------- right at any time, so long as the Company is not in default in the payment of interest on the Securities of any series hereunder, to extend interest payment periods on all Securities of one or more series, if so specified as contemplated by Section 301 with respect to such Securities and upon such terms as may be specified as contemplated by Section 301 with respect to such Securities. If the Company ever so extends any such interest payment period, the Company shall promptly notify the Trustee in writing.

Appears in 1 contract

Samples: Indenture (Firstenergy Corp)

EXTENSION OF INTEREST PAYMENT. The Company shall have the ------------------------------ right at any time, so long as the Company is not in default in the payment of interest on the Securities of any series hereunder, to extend interest payment periods on all Securities of one or more series, if so specified as contemplated by Section 301 with respect to such Securities and upon such terms as may be specified as contemplated by Section 301 with respect to such Securities. If the Company ever so extends any such interest payment period, the Company shall promptly notify the Trustee in writing.

Appears in 1 contract

Samples: Indenture (Firstenergy Corp)

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