Common use of Payment of Interest; Interest Rights Preserved Clause in Contracts

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such series. Unless otherwise provided as contemplated by Section 3.1, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 55 contracts

Samples: Indenture (LTC Properties Inc), Note (Authentidate Holding Corp), Note (Enterprise Financial Services Corp)

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Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Debt Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall shall, if so provided in such Debt Security, be paid to the Person in whose name that Debt Security (or one or more Predecessor Debt Securities) is registered at the close of business on the Regular Record Date for such interest at payment. Unless otherwise provided with respect to the office or agency maintained for such purpose pursuant to Section 9.2; providedDebt Securities of any series, however, that payment of interest may be made at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) Company by check mailed or delivered to the address of the Person entitled thereto as it such address shall appear on in the Debt Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount or by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in payee with a bank located inside the Security Register of such seriesUnited States. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Debt Security of any particular series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (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 may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 9 contracts

Samples: Provident Capital Trust Iv, American Financial Group Inc, Provident Capital Trust Iv

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the CompanyCorporation, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such series. Unless otherwise provided as contemplated by Section 3.1, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the CompanyCorporation, at its election in each case, as provided in clause (1) or (2) below:

Appears in 9 contracts

Samples: Indenture (Amerant Bancorp Inc.), Note (FNB Corp/Fl/), Note (FNB Corp/Fl/)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such series. Unless otherwise provided as contemplated by Section 3.1, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 8 contracts

Samples: Indenture (BofI Holding, Inc.), Indenture (Enova Systems Inc), Indenture (Stec, Inc.)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 3.01 with respect to any series of Securities, interest on any Security which that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid paid, in the case of Certificated Securities, to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; providedand, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified appears in the Security Register or, in the case of such seriesGlobal Securities, by wire transfer of same-day funds to the Holder. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which that is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1a) or (2b) below:

Appears in 7 contracts

Samples: Indenture (Fibria Overseas Finance Ltd.), Indenture (Fibria Celulose S.A.), Braskem Finance LTD

Payment of Interest; Interest Rights Preserved. Except as Unless otherwise provided as contemplated by Section 3.1 with respect to any series of Securities3.1, interest interest, if any, on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that that, at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of Holders of Securities of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) to the extent specified as contemplated by Section 3.1, by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of Holders of Securities of such series. Unless otherwise provided as contemplated by Section 3.1, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date interest payment date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 6 contracts

Samples: Trust Indenture (At&t Wireless Services Inc), At&t Wireless Services Inc, Esterline Technologies Corp

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid at the Place of Payment to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; providedinterest, however, except that at the option of the Company, interest on any series of Registered Securities that bear interest Company payment may be paid made (i) except in the case of a global Security by check mailed to the address of the Person entitled thereto as it shall appear on such address appears in the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) Securities Registrar or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesSecurities Registrar provided that proper transfer instructions have been received by the Regular Record Date. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1) or (2) below:

Appears in 5 contracts

Samples: Senior Debt Indenture (Adelphia Communications Corp), Adelphia Communications Corp, Kennametal Financing I

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.210.2; provided, however, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company’s option be paid (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 3.8, to the address of such Person as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesRegister. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, payable but is not punctually paid or duly provided for, for on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1i) or (2ii) below:

Appears in 5 contracts

Samples: Indenture (Carnival PLC), Indenture (Carnival PLC), Indenture (Carnival PLC)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that such Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.21002; provided, however, that each installment of interest may at the Company's option of the Company, interest on any series of Registered Securities that bear interest may be paid by (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 308, to the address of such Person as it shall appear on appears in the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified payee located in the Security Register of such seriesUnited States. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such defaulted interest ("Defaulted Interest Interest") may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 5 contracts

Samples: Lease Agreement (Gb Property Funding Corp), Indenture (Gb Property Funding Corp), Gb Property Funding Corp

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person Holder in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.210.2; provided, however, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company’s option be paid (i) by a bank transfer or mailing a check mailed for such interest payable to or upon the written order of the Holder entitled thereto pursuant to Section 3.8, to the address of the Person entitled thereto such Holder as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesRegister. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, payable but is not punctually paid or duly provided for, for on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1i) or (2ii) below:

Appears in 4 contracts

Samples: Indenture (Carnival PLC), Indenture (Carnival PLC), Indenture (Carnival PLC)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 301 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.21002; provided, however, that at the option of the Company, interest -------- ------- on Securities of any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesRegister. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1) or (2) below:

Appears in 4 contracts

Samples: Indenture (Owens Corning), Unova Inc, Gap Inc

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person Holder in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.210.2; provided, however, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company’s option be paid (i) by bank transfer or mailing a check mailed for such interest payable to or upon the written order of the Holder entitled thereto pursuant to Section 3.8, to the address of the Person entitled thereto such Holder as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesRegister. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, payable but is not punctually paid or duly provided for, for on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1i) or (2ii) below:

Appears in 4 contracts

Samples: Indenture (Carnival PLC), Indenture (Carnival PLC), Indenture (Carnival PLC)

Payment of Interest; Interest Rights Preserved. Unless otherwise provided in accordance with Section 3.1 for the Securities of any series, payments of principal of (and premium, if any) and interest on any Security will be made at the Corporate Trust Office of the Trustees and the office or agency of the Issuer maintained for that purpose in New York, New York or Toronto, Canada, except that at the option of the Issuer payment of interest may be made by (a) check mailed to the address of the Person entitled thereto as such address shall appear on the Security Register or (b) wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesinterest. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the CompanyIssuer, at its election in each case, as provided in clause (1) Section 3.7.1 or (2) 3.7.2 below:

Appears in 3 contracts

Samples: Indenture (Brookfield Asset Management Inc.), Brookfield Asset Management Inc., Brookfield Finance Inc.

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.210.2; provided, however, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company’s option be paid (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 3.8, to the address of such Person as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesRegister. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, payable but is not punctually paid or duly provided for, for on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1i) or (2) below:

Appears in 3 contracts

Samples: Directors and Employees (Carnival PLC), Indenture (Carnival Corp), Indenture (Carnival PLC)

Payment of Interest; Interest Rights Preserved. Unless otherwise provided in accordance with Section 3.1 for the Securities of any series, payments of principal of (and premium, if any) and interest on any Security will be made at the Corporate Trust Office of the Trustee and the office or agency of the Issuer maintained for that purpose in New York, New York or Xxxxxxx, Xxxxxxx, except that at the option of the Issuer payment of interest may be made by (a) check mailed to the address of the Person entitled thereto as such address shall appear on the Security Register or (b) wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesinterest. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the CompanyIssuer, at its election in each case, as provided in clause (1) Section 3.7.1 or (2) 3.7.2 below:

Appears in 3 contracts

Samples: Indenture (BRP Bermuda Holdings I LTD), Indenture (Brookfield Renewable Partners L.P.), Brookfield BRP (Brookfield Renewable Corp)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Registered Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest. Interest on any Bearer Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the bearer of the applicable coupon appertaining to such Bearer Security. Unless otherwise provided with respect to the Securities of any series, payment of interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that may be made at the option of the Company, interest on any series of Registered Securities that bear interest may be paid Company (i) in the case of Registered Securities, by check mailed or delivered to the address of the any Person entitled thereto as it such address shall appear on in the Security Register of such series (unlessRegister, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) in the case of Bearer Securities, except as otherwise provided in Section 1002, upon presentation and surrender of the appropriate coupon appertaining thereto at an office or agency of the Company in a Place of Payment located outside the United States or by wire transfer to an account maintained by the Person entitled thereto as specified in payee with a bank located outside the Security Register of such seriesUnited States. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Registered Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 2 contracts

Samples: Indenture (Stewart Enterprises Inc), Stewart Enterprises Inc

Payment of Interest; Interest Rights Preserved. Except as otherwise provided established as contemplated by Section 3.1 301 with respect to Securities of any series of Securitiesseries, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.21002; provided, however, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company’s option be paid by (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 308, to the address of such Person as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto payee located inside the United States. Except as specified in the Security Register of such series. Unless otherwise provided established as contemplated by Section 3.1301 with respect to Securities of any series, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause paragraph (1) or (2) below:

Appears in 2 contracts

Samples: Indenture (Royal Caribbean Cruises LTD), Royal Caribbean Cruises LTD

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to Interest, including any series of SecuritiesContingent Interest, interest on any Security which that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.2; provided9.02. However, however, that at the option of the Company, Company may make such interest on any series of Registered Securities that bear interest may be paid (i) payments by check mailed payable to or upon the address written order of the Person entitled thereto pursuant to Section 18.03, to the address of such Person as it shall appear appears on the Security Register Register; provided that payment by wire transfer of such series (unless, immediately available funds will be required with respect to a principal of and interest (including Contingent Interest, if any) on all Global Security, the rules Securities and all Securities of the Depositary require Holders of more than $25,000,000 aggregate Original Principal Amount of Securities that have requested such method of payment of such amount by wire transfer) or (ii) by and provided wire transfer instructions to an account maintained by the Person entitled thereto as specified in Company or the Security Register of such seriesPaying Agent. Unless otherwise provided as contemplated by Section 3.1, any Any interest or Contingent Interest on any Security of any series which is payable, payable but is not punctually paid or duly provided for, for on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1a) or (2b) below:

Appears in 2 contracts

Samples: Indenture (American Express Co), Indenture (American Express Co)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.29.2 ; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such series. Unless otherwise provided as contemplated by Section 3.1, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “ Defaulted Interest Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 2 contracts

Samples: Indenture (Univest Corp of Pennsylvania), Indenture (Univest Corp of Pennsylvania)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that such Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.21002; provided, however, that each installment of interest may at the Company's option of the Company, interest on any series of Registered Securities that bear interest may be paid by (ia) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 308, to the address of such Person as it shall appear on appears in the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (iib) by wire transfer to an account maintained by the Person entitled thereto as specified payee located in the Security Register of such seriesUnited States. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such defaulted interest ("Defaulted Interest Interest") may be paid by the Company, at its election in each case, as provided in clause (1i) or (2ii) below:

Appears in 2 contracts

Samples: Atlantic Coast Entertainment Holdings Inc, Atlantic Coast Entertainment Holdings Inc

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 specified with respect to any a series of SecuritiesSecurities in accordance with the provisions of Section 3.01, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date the Stated Maturity of such interest shall be paid to the Person in whose name that the Security (or one or more any Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto payment. Except as it shall appear on the Security Register of such series (unless, otherwise specified with respect to a Global Security, series of Securities in accordance with the rules provisions of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such series. Unless otherwise provided as contemplated by Section 3.13.01, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date the Stated Maturity of such interest, and interest on such defaulted interest at the then applicable interest rate borne by the Securities, to the extent lawful (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) ), shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, Date; and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Subsection (1a) or (2b) below:

Appears in 2 contracts

Samples: Indenture (Geo MCF Lp, LLC), Geo MCF Lp, LLC

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such series. Unless otherwise provided as contemplated by Section 3.1, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 2 contracts

Samples: Quest Cherokee Oilfield Service, LLC, Quest Cherokee Oilfield Service, LLC

Payment of Interest; Interest Rights Preserved. Except as Unless otherwise provided as contemplated by Section 3.1 with respect to any series of Securities3.1, interest interest, if any, on any Security which that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that that, at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of Securities of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) to the extent specified as contemplated by Section 3.1, by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of Securities of such series. Unless otherwise provided as contemplated by Section 3.1, any interest on any Security of any series which that is payable, but is not punctually paid or duly provided for, on any Interest Payment Date interest payment date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1a) or (2b) below:

Appears in 2 contracts

Samples: Robbins & Myers Inc, Robbins & Myers Inc

Payment of Interest; Interest Rights Preserved. Except as (a) Unless otherwise provided as contemplated by Section 3.1 301 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that such Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.21002; provided, however, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company’s option be paid by (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 309, to the address of such Person as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer transferring such interest to an account maintained by the Person entitled thereto as specified in payee located inside the Security Register of such seriesUnited States. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 2 contracts

Samples: Indenture (HomeCare Labs, Inc.), Indenture (Chemtura CORP)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided established as contemplated by Section 3.1 301 with respect to Securities of any series of Securitiesseries, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.2902; provided, however, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company's option be paid (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 308, to the address of such Person as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto Register. Except as specified in the Security Register of such series. Unless otherwise provided established as contemplated by Section 3.1301 with respect to Securities of any series, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause paragraph (1) or (2) below:

Appears in 2 contracts

Samples: Health Management Associates Inc, Health Management Associates Inc

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 3.01 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid paid, in the case of definitive Registered Securities, to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; providedand, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified appears in the Security Register or, in the case of such seriesGlobal Securities, by wire transfer of same-day funds to the Holder. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Registered Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1) or (2) below:

Appears in 2 contracts

Samples: Indenture (Petrobras International Finance Co), Petrobras International Finance Co

Payment of Interest; Interest Rights Preserved. Except as Unless otherwise provided as contemplated by Section 3.1 301 with respect to any series of Securities, interest on any Registered Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; interest. Unless otherwise so provided, however, that at the option of the CompanyCompany and provided funds are on deposit with the Paying Agent, payment of interest on any series of Registered Securities that bear interest Security may be paid (i) made by check mailed on or before the due date to the address of the Person entitled thereto as it such address shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesRegister. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Registered Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 2 contracts

Samples: Newfield Financial Trust Ii, Newfield Financial Trust Ii

Payment of Interest; Interest Rights Preserved. Except as Unless otherwise provided as contemplated by Section 3.1 with respect to any series of Securities3.1, interest interest, if any, on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that that, at -------- ------- the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of Holders of Securities of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) to the extent specified as contemplated by Section 3.1, by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of Holders of Securities of such series. Unless otherwise provided as contemplated by Section 3.1, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date interest payment date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 2 contracts

Samples: Icos Corp / De, Icos Corp / De

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.21002; provided, however, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company's option be paid (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 308, to the address of such Person as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesRegister. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1) or (2) below:

Appears in 2 contracts

Samples: Indenture (Ambac Financial Group Inc), Indenture (Ambac Financial Group Inc)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.210.2; providedPROVIDED, howeverHOWEVER, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company's option be paid (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 3.8, to the address of such Person as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesRegister. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, payable but is not punctually paid or duly provided for, for on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 2 contracts

Samples: Indenture (Carnival Corp), Indenture (Carnival Corp)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.210.2; provided, however, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company’s option be paid (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 3.8, to the address of such Person as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesRegister. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, payable but is not punctually paid or duly provided for, for on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 2 contracts

Samples: Indenture (Carnival Corp), Carnival PLC

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall shall, if so provided in such Security, be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest payment. Unless otherwise provided with respect to the Securities of any series as contemplated under Section 301, payment of interest may be made at the office or agency maintained for such purpose pursuant to Section 9.2; providedCorporate Trust Office or, however, that at the option of the Company, interest on any series of Registered Securities that bear interest Issuer may be paid (i) made by check mailed delivered to the address of the Person entitled thereto as it such address shall appear on in the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer of funds to an account maintained by the Person entitled thereto as specified in at a bank account maintained within the Security Register of such seriesUnited States. Unless otherwise provided with respect to the Securities of any series as contemplated by under Section 3.1301, any interest on any Security of any particular series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (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 may be paid by the Company, Issuer at its election in each case, as provided in clause (1) or (2) below:

Appears in 2 contracts

Samples: Indenture (Sovran Acquisition LTD Partnership), Sovran Acquisition LTD Partnership

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such series. Unless otherwise provided as contemplated by Section 3.1, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 1 contract

Samples: Note (Euronet Worldwide Inc)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such series. Unless otherwise provided as contemplated by Section 3.1, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 1 contract

Samples: Indenture (Euronet Worldwide Inc)

Payment of Interest; Interest Rights Preserved. Except as Unless otherwise provided as contemplated by Section 3.1 with respect to any series of Securitiessuch Security pursuant to Section 301, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest. Unless otherwise provided with respect to the Securities of any series, payment of interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that may be made at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) Company by check mailed or delivered to the address of the Person entitled thereto as it such address shall appear on in the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount or by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in payee with a bank located inside the Security Register of such seriesUnited States. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (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, and except as hereinafter provided, such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1) or Clause (2) below:

Appears in 1 contract

Samples: COLORADO INTERSTATE ISSUING Corp

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall shall, if so provided in such Security, be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest payment. Unless otherwise provided with respect to the Securities of any series as contemplated under Section 301, payment of interest may be made at the office or agency maintained for such purpose pursuant to Section 9.2; providedCorporate Trust Office or, however, that at the option of the Company, interest on any series of Registered Securities that bear interest Issuer may be paid (i) made by check mailed to the address of the Person entitled thereto as it such address shall appear on in the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer of funds to an account maintained by the Person entitled thereto as specified in at a bank account maintained within the Security Register of such seriesUnited States. Unless otherwise provided with respect to the Securities of any series as contemplated by under Section 3.1301, any interest on any Security of any particular series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (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 may be paid by the Company, Issuer at its election in each case, as provided in clause (1) or (2) below:

Appears in 1 contract

Samples: Indenture (CubeSmart, L.P.)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at interest. At the option of the Company, interest on any series of Registered the Securities that bear interest may be paid (i) by check mailed mailing checks to the address addresses of the Person entitled thereto Holders thereof as it such addresses shall appear on in the Security Securities Register of if such series (unless, with respect to Securities are not represented by a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) Security and interest on any Global Security may be paid by wire transfer of immediately available funds to an account maintained designated by the Person entitled thereto as specified in the Security Register of such seriesDepositary. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1) or (2) below:

Appears in 1 contract

Samples: Allegheny Ludlum Corp Et Al

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.210.2; provided, however, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company's option be paid (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 3.8, to the address of such Person as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesRegister. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, payable but is not punctually paid or duly provided for, for on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 1 contract

Samples: Carnival Corp

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Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 301 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to (or, in the case of additional Securities issued pursuant to any payment in kind provision, issued in the name of) the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2301; provided, however, that at the option of the Company, interest on Securities of any series of Registered Securities that bear cash interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of Register; provided, that such seriesPerson shall have given the Trustee written wire instructions at least five Business Days prior to the applicable Interest Payment Date. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1) or (2) below:

Appears in 1 contract

Samples: Indenture (Talk America)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid at the Place of Payment to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; providedinterest, however, except that at the option of the Company, interest on any series of Registered Securities that bear interest Company payment may be paid made (i) except in the case of a global Security by check mailed to the address of the Person entitled thereto as it shall appear on such address appears in the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) Registrar or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesRegistrar provided that proper transfer instructions have been received by the Regular Record Date. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1) or (2) below:

Appears in 1 contract

Samples: Indenture (Kennametal Inc)

Payment of Interest; Interest Rights Preserved. Except as Unless otherwise provided as contemplated by Section 3.1 301 with respect to any series of Securities, interest Cash Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest Cash Interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.21002; provided, however, that each installment of Cash Interest, if any, on any Security may at the Company's option of the Company, interest on any series of Registered Securities that bear interest may be paid by (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 309, to the address of such Person as it shall appear appears on the Security Securities Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer in immediately in available funds at such place and to an such account maintained as may be designated by the Person entitled thereto as specified in the Security Register of such seriesSecurities Register. Unless otherwise provided as contemplated by Section 3.1, any interest Any Cash Interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest”) "), shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1) or (2) below:

Appears in 1 contract

Samples: Inco LTD

Payment of Interest; Interest Rights Preserved. Unless otherwise provided in accordance with Section 3.1 for the Securities of any series, payments of principal of (and premium, if any) and interest on any Security will be made at the Corporate Trust Office of the Trustees and the office or agency of the Issuer maintained for that purpose in New York, New York or Xxxxxxx, Xxxxxxx, except that at the option of the Issuer payment of interest may be made by (a) check mailed to the address of the Person entitled thereto as such address shall appear on the Security Register or (b) wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesinterest. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the CompanyIssuer, at its election in each case, as provided in clause (1) Section 3.7.1 or (2) 3.7.2 below:

Appears in 1 contract

Samples: Indenture (Brookfield Asset Management Inc.)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.2; providedPROVIDED, howeverHOWEVER, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company's option be paid (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 15.3, to the address of such Person as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesRegister. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, payable but is not punctually paid or duly provided for, for on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 1 contract

Samples: Affiliated Managers Group Inc

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which that is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid in cash to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.29.02; provided, however, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company’s option be paid by (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 3.07, to the address of such Person as it shall appear appears on the Security Register of such series (unlessRegister, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by if the Trustee shall have received written bank wire instructions prior to the Regular Record Date for such payment, transfer to an account maintained by the Person entitled thereto as specified in payee located inside the Security Register United States; provided, however, that payments to DTC shall be made by wire transfer of such seriesimmediately available funds to the account of DTC or its nominee. Unless otherwise provided as contemplated by Section 3.1, The term “Regular Record Date” with respect to any Interest Payment Date shall mean the 15th day of each month through the Maturity Date. Any interest on any Security of any series which that is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the registered Holder thereof on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (13.06(a) or (23.06(b) below:

Appears in 1 contract

Samples: Indenture (Transwitch Corp /De)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid at the Place of Payment to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; providedinterest, however, except that at the option of the Company, interest on any series of Registered Securities that bear interest Company payment may be paid made (i) except in the case of a global Security by check mailed to the address of the Person entitled thereto as it shall appear on such address appears in the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) Securities Registrar or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesSecurities Registrar provided that proper transfer instructions have been received by the Regular Record Date. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein in this Indenture called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1a) or (2b) below:

Appears in 1 contract

Samples: Subordinated Debt Indenture (Kforce Inc)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person Holder in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.210.2; provided, however, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company’s option be paid (i) by mailing a check mailed for such interest, payable to or upon the written order of the Holder entitled thereto pursuant to Section 3.8, to the address of the Person entitled thereto such Holder as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesRegister. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, payable but is not punctually paid or duly provided for, for on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1i) or (2ii) below:

Appears in 1 contract

Samples: Indenture (Carnival PLC)

Payment of Interest; Interest Rights Preserved. Unless otherwise provided in accordance with Section 3.1 for the Securities of any series, payments of principal of (and premium, if any) and interest on any Security will be made at the Corporate Trust Office of the Trustee and the office or agency of the Issuer maintained for that purpose in Txxxxxx, Xxxxxxx, except that at the option of the Issuer payment of interest may be made by (a) check mailed to the address of the Person entitled thereto as such address shall appear on the Security Register or (b) wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesinterest. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the CompanyIssuer, at its election in each case, as provided in clause (1) Section 3.7.1 or (2) 3.7.2 below:

Appears in 1 contract

Samples: Brookfield (Brookfield Asset Management Inc.)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the CompanyCorporation, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such series. Unless otherwise provided as contemplated by Section 3.1, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on 37 any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the CompanyCorporation, at its election in each case, as provided in clause (1) or (2) below:

Appears in 1 contract

Samples: FNB Corp/Fl/

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest (a) Interest on any Registered Security which is payable, payable and is punctually paid or duly provided for, for on any Interest Payment Date shall be paid to the Person in whose name that such Registered Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest notwithstanding the cancellation of such Registered Security upon any transfer or exchange subsequent to the Regular Record Date. Unless otherwise specified as contemplated by Section 3.01 with respect to the Debt Securities of any series, payment of interest on Registered Securities shall be made at the office place or agency maintained for such purpose places specified pursuant to Section 9.2; provided3.01 or, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it such address shall appear on in the Security Register of such series (unlessor, with respect if provided pursuant to a Global SecuritySection 3.01, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained designated by the Person entitled thereto as specified in the Security Register of such seriesRegistered Holder. Unless otherwise provided as contemplated by Section 3.1, any (b) Any interest on any Debt Security of any series which is payable, payable but is not punctually paid or duly provided for, for on any Interest Payment Date (herein called "Defaulted Interest") shall shall, if such Debt Security is a Registered Security, forthwith cease to be payable to the Registered Holder on the relevant Regular Record Date by virtue of his having been such Registered Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 1 contract

Samples: Intermedia Communications Inc

Payment of Interest; Interest Rights Preserved. Except as Interest on any Fully Registered Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall unless otherwise provided as contemplated by in such Security be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered on the Regular Record Date for such interest. Subject to the penultimate paragraph of this Section 3.1 with respect to any series of Securities, interest on any Unregistered Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (Holder of such Unregistered Security, or one or more Predecessor Securities) is registered at the close of business on coupon appertaining thereto, as the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, case may be. Any interest on any series of Fully Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such series. Unless otherwise provided as contemplated by Section 3.1, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted called"Defaulted Interest") shall forthwith cease to be payable to the Holder of such Fully Registered Security, on the relevant Regular Record Date by virtue of his having been such Holder, and such Defaulted Interest may shall be paid by the Company, at its election in each case, as provided in clause Clause (1) or Clause (2) below:

Appears in 1 contract

Samples: Xerox Corp

Payment of Interest; Interest Rights Preserved. Unless otherwise provided in accordance with Section 3.1 for the Securities of any series, payments of principal of (and premium, if any) and interest on any Security will be made at the Corporate Trust Office of the Trustees and the office or agency of the Issuer maintained for that purpose in New York, New York or Txxxxxx, Xxxxxxx, except that at the option of the Issuer payment of interest may be made by (a) check mailed to the address of the Person entitled thereto as such address shall appear on the Security Register or (b) wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesinterest. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the CompanyIssuer, at its election in each case, as provided in clause (1) Section 3.7.1 or (2) 3.7.2 below:

Appears in 1 contract

Samples: Brookfield Asset Management Inc.

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.210.2; providedPROVIDED, howeverHOWEVER, that at the option each instalment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company's option be paid (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 3.8, to the address of such Person as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesRegister. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, payable but is not punctually paid or duly provided for, for on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 1 contract

Samples: Carnival Corp

Payment of Interest; Interest Rights Preserved. Unless otherwise provided in accordance with Section 3.1 for the Securities of any series, payments of principal of (and premium, if any) and interest on any Security will be made at the Corporate Trust Office of the U.S. Trustee and the office or agency of the Issuer maintained for that purpose in New York, New York or Toroxxx, Xxxxxxx, xxcept that at the option of the Issuer payment of interest may be made by (a) check mailed to the address of the Person entitled thereto as such address shall appear on the Security Register or (b) wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesinterest. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the CompanyIssuer, at its election in each case, as provided in clause (1) Section 3.7.1 or (2) 3.7.2 below:

Appears in 1 contract

Samples: Indenture (Brookfield Infrastructure Partners L.P.)

Payment of Interest; Interest Rights Preserved. Except as (a) Unless otherwise provided as contemplated by Section 3.1 301 with respect to any series of Securities, interest interest, if any, on any Security (and any Additional Amounts payable in respect thereof) which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that such Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of either of the Companies maintained for such purpose pursuant to Section 9.21002; provided, however, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Companies' option be paid by (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 309, to the address of such Person as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified payee located in the Security Register of such seriesUnited States. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series (and any Additional Amounts payable in respect thereof) which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such defaulted interest and, if applicable, interest on such defaulted interest (to the extent lawful) at the rate specified in the Securities of such series (such defaulted interest and, if applicable, interest thereon herein collectively called "Defaulted Interest Interest") may be paid by the CompanyCompanies, at its their election in each case, as provided in clause (1) or (2) below:

Appears in 1 contract

Samples: Us Industries Inc /De

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest (a) Interest on any Registered Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that such Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.21002; provided, however, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company’s option be paid by (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 309, to the address of such Person as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in payee located inside the Security Register of such seriesUnited States. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Registered Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 1 contract

Samples: Indenture (Eaton Corp PLC)

Payment of Interest; Interest Rights Preserved. Unless otherwise provided in accordance with Section 301 for the Securities of any series, payments of principal of (and premium, if any) and interest on any Security will be made at the Corporate Trust Office of the Trustee and the office or agency of the Company maintained for that purpose in Xxxxxxx, Xxxxxxx, except that at the option of the Company payment of interest may be made by (a) check mailed to the address of the Person entitled thereto as such address shall appear on the Security Register or (b) wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register. Except as otherwise provided as contemplated by Section 3.1 301 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such seriesinterest. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1) or (2) below:

Appears in 1 contract

Samples: Brascan Corp/

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 301 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to (or, in the case of additional Securities issued pursuant to any payment in kind provision, issued in the name of) the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2301; provided, however, that at the option of the Company, interest on Securities of any series of Registered Securities that bear cash interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of Register; provided, that such seriesPerson shall have given the Paying Agent written wire instructions at least five Business Days prior to the applicable Interest Payment Date. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause Clause (1) or (2) below:

Appears in 1 contract

Samples: Talk America

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such series. Unless otherwise provided as contemplated by Section 3.1, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Indenture Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 1 contract

Samples: Indenture (Axos Financial, Inc.)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided established as contemplated by Section 3.1 301 with respect to Securities of any series of Securitiesseries, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.21002; providedPROVIDED, howeverHOWEVER, that at the option each installment of the Company, interest on any series of Registered Securities that bear interest Security may at the Company's option be paid by (i) by mailing a check mailed for such interest, payable to or upon the address written order of the Person entitled thereto pursuant to Section 308, to the address of such Person as it shall appear appears on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto payee located inside the United States. Except as specified in the Security Register of such series. Unless otherwise provided established as contemplated by Section 3.1301 with respect to Securities of any series, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause paragraph (1) or (2) below:

Appears in 1 contract

Samples: Oakwood Homes Corp

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Registered Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest. Unless otherwise provided with respect to the Securities of any series, payment of interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that may be made at the option of the Company, interest on any series Company (a) in the case of Registered Securities that bear interest may be paid (i) Securities, by check mailed or delivered to the address of the any Person entitled thereto as it such address shall appear on in the Security Register Register, or (b) in the case of such series (unlessBearer Securities, with respect to a Global Securityexcept as otherwise provided in Section 1002, the rules upon presentation and surrender of the Depositary require payment appropriate coupon appertaining thereto at an office or agency of such amount the Company in a Place of Payment located outside the United States or by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in payee with a bank located outside the Security Register of such seriesUnited States. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Registered Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in clause (1) or (2) below:

Appears in 1 contract

Samples: Snyder Oil Corp

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the CompanyCorporation, interest on any series of Registered Securities that bear interest may be paid through the Paying Agent (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such series. Unless otherwise provided as contemplated by Section 3.1, any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the CompanyCorporation, at its election in each case, as provided in clause (1) or (2) below:

Appears in 1 contract

Samples: Indenture (FNB Corp/Fl/)

Payment of Interest; Interest Rights Preserved. Except as otherwise provided as contemplated by Section 3.1 with respect to any series of Securities, interest Interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that such Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest at the office or agency of the Company maintained for such purpose pursuant to Section 9.2; provided, however, that at the option of the Company, interest on any series of Registered Securities that bear interest may be paid (i) by check mailed to the address of the Person entitled thereto as it shall appear on the Security Register of such series (unless, with respect to a Global Security, the rules of the Depositary require payment of such amount by wire transfer) or (ii) by wire transfer to an account maintained by the Person entitled thereto as specified in the Security Register of such series10.2 hereof. Unless otherwise provided as contemplated by Section 3.1, any Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called “Defaulted Interest”) shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such defaulted interest and (to the degree permitted by applicable law now or at any time hereafter in force) interest on such defaulted interest at the rate borne by the Securities (such defaulted interest in all instances, including post-petition interest in any proceeding under any bankruptcy law, and interest thereon herein collectively called "Defaulted Interest Interest") may be paid by the Company, at its election in each case, as provided in clause (1a) or (2b) below:

Appears in 1 contract

Samples: Indenture (Grant Geophysical Inc)

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