Common use of Notice of Payment by Trustee Clause in Contracts

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 8 contracts

Samples: Indenture (Modern Mining Technology Corp.), Convertible Debenture Indenture, Indenture (Aurora Cannabis Inc)

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Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 12.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 7 contracts

Samples: Indenture, Debenture Indenture, Indenture

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 by the Trustee to the Debentureholders of any payment to be made under this Article 87. Such notice shall state the time when and place where at which such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 5 contracts

Samples: Indenture (NexGen Energy Ltd.), Trust Indenture (NexGen Energy Ltd.), NexGen Energy Ltd.

Notice of Payment by Trustee. Not less than 15 days' notice shall be given in the manner provided in Section 13.2 11.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) monies and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 4 contracts

Samples: Convertible Debenture Indenture (Poet Technologies Inc.), Convertible Debenture Indenture (Poet Technologies Inc.), Convertible Debenture Indenture (Poet Technologies Inc.)

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 4 contracts

Samples: Indenture (Vision Marine Technologies Inc.), Convertible Debenture Indenture (Siyata Mobile Inc.), Indenture (Organigram Holdings Inc.)

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 14.2 by the Trustee to the Debentureholders Holders of Notes of any series of any payment to be made under this Article 87. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders Holders of Notes of the affected series will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debenturesrelevant Notes, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 4 contracts

Samples: Trust Indenture (Curaleaf Holdings, Inc.), Trust Indenture (Harvest Health & Recreation Inc.), Trust Indenture (Trulieve Cannabis Corp.)

Notice of Payment by Trustee. Not less than 15 days’ days notice shall be given in the manner provided in Section 13.2 14.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 3 contracts

Samples: Convertible Debenture Indenture (Anderson Energy LTD), Debenture Indenture (Ivanhoe Energy Inc), Convertible Debenture (Advantage Oil & Gas Ltd.)

Notice of Payment by Trustee. Not less than 15 days’ days notice shall be given in the manner provided in Section 13.2 14.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium monies and interest (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 3 contracts

Samples: Convertible Debenture Indenture, Paramount Energy Trust (Perpetual Energy Inc.), Convertible Debenture Indenture

Notice of Payment by Trustee. Not less than 15 days' notice shall be given in the manner provided in Section 13.2 14.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 3 contracts

Samples: Debenture Indenture (Bellatrix Exploration Ltd.), Convertible Debenture Indenture (Energy Fuels Inc), Convertible Debenture Indenture

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 11.2 by the Trustee to the Debentureholders of any payment to be made under this Article 87. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 3 contracts

Samples: webfiles.thecse.com, webfiles.thecse.com, webfiles.thecse.com

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 14.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal moniesmoneys, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 3 contracts

Samples: Kirkland Lake Gold Ltd., Trust Indenture (Algonquin Power & Utilities Corp.), Indenture (MDC Partners Inc)

Notice of Payment by Trustee. Not less than 15 days' notice shall be given in the manner provided in Section 13.2 12.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 3 contracts

Samples: Convertible Debenture Indenture (Crailar Technologies Inc), Convertible Debenture Indenture (Crailar Technologies Inc), Guaranty and Security Agreement (Crailar Technologies Inc)

Notice of Payment by Trustee. Not less than 15 twenty-one (21) days' notice shall be given in the manner provided in Section 13.2 by the Trustee to the Debentureholders of any payment to be made under this Article 88 to the Debentureholders. Such notice shall state the time and place when and place where such payment is to be made and also the liability under this Indenture to upon which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will shall be entitled to interest only on the balance (if any) of the principal monies, premium (if any) monies and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 2 contracts

Samples: Trust Indenture (Radiant Energy Corp), Radiant Energy Corp

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 and in the manner and to the extent provided in the Trust Indenture Act by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal moniesprincipal, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable paid in respect thereof on the day so fixed.

Appears in 2 contracts

Samples: Indenture (Canopy Growth Corp), Indenture (Canopy Growth Corp)

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 by the Trustee to the Debentureholders of any payment to be made under this Article 89. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 2 contracts

Samples: Convertible Debenture Indenture, Convertible Debenture Indenture

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 12.2 by the Trustee to the Debentureholders of any payment to be made under this Article 87. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 2 contracts

Samples: Indenture (HEXO Corp.), Indenture

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 9.2 by the Trustee to the Debentureholders Noteholders of any payment to be made under this Article 86. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders Noteholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the DebenturesNotes, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 2 contracts

Samples: Trust Indenture (Columbia Care Inc.), Trust Indenture (Columbia Care Inc.)

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 16.2 by the Trustee to the Debentureholders Holders of Notes of any series of any payment to be made under this Article 89. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders Holders of Notes of the affected series will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debenturesrelevant Notes, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 2 contracts

Samples: Trust Indenture (Columbia Care Inc.), Trust Indenture (Columbia Care Inc.)

Notice of Payment by Trustee. Not less than 15 twenty-one (21) days' notice shall be given in the manner provided in Section 13.2 by the Trustee to the Debentureholders of any payment to be made to the Debentureholders under this Article 8. Such notice shall state the time and place when and place where such payment is to be made and also the liability under this Indenture to upon which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will shall be entitled to interest only on the balance (if any) of the principal monies, premium (if any) monies and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: webfiles.thecse.com

Notice of Payment by Trustee. Not less than 15 days' notice shall be given in the manner provided in Section 13.2 by the Trustee to the Debentureholders of any payment to be made under this Article 87. Such notice shall state the time when and place where at which such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: NexGen Energy Ltd.

Notice of Payment by Trustee. Not less than 15 days' notice shall be given in the manner provided in Section 13.2 by the Trustee to the Debentureholders of any payment to be made under this Article 89. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) monies and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Convertible Debenture Indenture (I-80 Gold Corp.)

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 12.2 by the Trustee to the Debentureholders Noteholders of any payment to be made under this Article 87. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders Noteholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the DebenturesNotes, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Indenture (Sundial Growers Inc.)

Notice of Payment by Trustee. Not less than 15 days’ days notice shall be given in the manner provided in Section 13.2 14.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8ARTICLE VIII. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Convertible Debenture Indenture (Brigus Gold Corp.)

Notice of Payment by Trustee. Not less than 15 days' notice shall be given in the manner provided in Section 13.2 15.2 by the Trustee to the Debentureholders of any payment to be made under this Article 89. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal moniesmoneys, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Algonquin Power Income Fund

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Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal moniesprincipal, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable paid in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Indenture (Canopy Growth Corp)

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 11.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) monies and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Debenture Indenture

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 11.2 by the Trustee to the Debentureholders Noteholders of any payment to be made under this Article 87. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders Noteholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the DebenturesNotes, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Indenture (Terrace Energy Corp)

Notice of Payment by Trustee. Not less than 15 days' notice shall be given in the manner provided in Section 13.2 12.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Secured Trust Indenture

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 12.2 by the Trustee to the Debentureholders of any payment to be made under this Article 87. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Debenture Indenture

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 11.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Secured Trust Indenture

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 by the Trustee to the Debentureholders of any payment to be made under this Article 87. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Indenture

Notice of Payment by Trustee. Not less than 15 days’ days notice shall be given in the manner provided in Section 13.2 by the Trustee to the Debentureholders Holders of any payment to be made under this Article 87. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders Holders will be entitled to interest only on the balance (if any) of the principal monies, premium Applicable Premium (if any) and interest due (if any) to them, respectively, on the DebenturesNotes, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Trust Indenture (Perpetual Energy Inc.)

Notice of Payment by Trustee. Not less than 15 days' notice shall be given in the manner provided in Section 13.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Indenture

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 15.2 by the Trustee to the Debentureholders of any payment to be made under this Article 89. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal moniesmoneys, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Trust Indenture

Notice of Payment by Trustee. Not less than 15 21 days' notice shall be given in the manner provided in Section 13.2 given, by the Trustee to the Debentureholders of any payment to be made under this Article 8to the debentureholders. Such notice shall state the time and place when and place where such payment is to be made made, and also the liability under this Indenture to hereunder upon which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders debentureholders will be entitled to interest only on the balance (remainder, if any) , of the principal moniesmoneys, premium (premium, if any) , and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Toronto Dominion Bank

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 15.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal moniesmoneys, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Trust Indenture (Algonquin Power & Utilities Corp.)

Notice of Payment by Trustee. Not less than 15 days' notice shall be given in the manner provided in Section 13.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) monies and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Convertible Debenture Indenture

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 14.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Debenture Indenture (Molycorp, Inc.)

Notice of Payment by Trustee. Not less than 15 days’ notice shall be given in the manner provided in Section 13.2 by the Trustee to the Debentureholders of any payment to be made under this Article 8. Such notice shall state the time when and place where such payment is to be made and also the liability under this Indenture to which it is to be applied. After the day so fixed, unless payment shall have been duly demanded and have been refused, the Debentureholders will be entitled to interest only on the balance (if any) of the principal monies, premium (if any) and interest due (if any) to them, respectively, on the Debentures, after deduction of the respective amounts payable in respect thereof on the day so fixed.

Appears in 1 contract

Samples: Convertible Debenture Indenture

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