Common use of Payment of Principal and Interest Clause in Contracts

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 Senior Notes shall bear interest at the rate of 5.875% per year until paid or duly provided for. Interest shall be paid quarterly in arrears on each Interest Payment Date, commencing December 31, 2003, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Samples: Metlife Inc, Metlife Inc

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Payment of Principal and Interest. The principal of the 2033 2006 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 2006 Senior Notes shall bear interest at the rate of 5.8755.25% per year until paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31June 1, 20032002, to the Person in whose name the 2033 2006 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 4.01 of the Original Indenture. Payments of interest on the 2033 2006 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 2006 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 2006 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay)Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2033 2006 Senior Notes shall be made upon surrender of the 2033 2006 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 2006 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Samples: Supplemental Indenture (Metlife Inc), Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The principal of the 2033 2014 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 2014 Senior Notes shall bear interest at the rate of 5.8755.50% per year until paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 3115, 20032004, to the Person in whose name the 2033 2014 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 2014 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 2014 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 2014 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2033 2014 Senior Notes shall be made upon surrender of the 2033 2014 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 2014 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Samples: Metlife Inc, Metlife Inc

Payment of Principal and Interest. The principal of the 2033 2034 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 2034 Senior Notes shall bear interest at the rate of 5.8756.375% per year until paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 3115, 20032004, to the Person in whose name the 2033 2034 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 2034 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 2034 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 2034 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2033 2034 Senior Notes shall be made upon surrender of the 2033 2034 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 2034 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Samples: Eighth Supplemental Indenture (Metlife Inc), Eighth Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The principal of the 2033 2012 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 2012 Senior Notes shall bear interest at the rate of 5.8755.375% per year until paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31June 15, 2003, to the Person in whose name the 2033 2012 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 4.01 of the Original Indenture. Payments of interest on the 2033 2012 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 2012 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 2012 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay)Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2033 2012 Senior Notes shall be made upon surrender of the 2033 2012 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 2012 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Samples: Metlife Inc, Metlife Inc

Payment of Principal and Interest. The principal of the 2033 2011 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 2011 Senior Notes shall bear interest at the rate of 5.8756.125% per year until paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31June 1, 20032002, to the Person in whose name the 2033 2011 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 4.01 of the Original Indenture. Payments of interest on the 2033 2011 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 2011 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 2011 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay)Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2033 2011 Senior Notes shall be made upon surrender of the 2033 2011 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 2011 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Samples: Metlife Inc, Metlife Inc

Payment of Principal and Interest. The principal of the 2033 2013 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 2013 Senior Notes shall bear interest at the rate of 5.8755.00% per year until paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31May 24, 20032004, to the Person in whose name the 2033 2013 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 2013 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 2013 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 2013 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2033 2013 Senior Notes shall be made upon surrender of the 2033 2013 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 2013 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Samples: Supplemental Indenture (Metlife Inc), Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The principal of the 2033 Senior Series 2015A Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior Series 2015A Notes shall bear interest at the rate of 5.8756.25% per year annum (the “Securities Rate”) until paid or duly provided for. Interest shall be paid quarterly in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Series 2015A Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any So long as an Optional Deferral Period is not occurring, any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2015A Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee, notice whereof shall be given to Holders of the Series 2015A Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2015A Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior Series 2015A Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Series 2015A Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Series 2015A Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest (including Additional Interest) due at the Stated Maturity or earlier redemption of the 2033 Senior Series 2015A Notes shall be made upon surrender of the 2033 Senior Series 2015A Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Series 2015A Notes (including Additional Interest) shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment DateDate)(including Additional Interest) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Samples: Southern Co, Southern Co

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8751.159% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from October 18, 2018. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on April 18, 20032019, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 Senior 8.00% Notes shall bear interest at the rate of 5.8758.00% per year annum until paid or duly provided for, such interest to accrue from May 15, 2003 or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior 8.00% Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior 8.00% Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior 8.00% Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. The amount of interest payable for any period shorter than a full quarterly interest period will be computed on the basis of the actual number of days elapsed in a 90-day quarter. In the event that any date on which interest is payable on the 2033 Senior 8.00% Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, that if such next Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2033 Senior 8.00% Notes shall be made upon surrender at the office of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid Paying Agent in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity or at earlier redemption of any 8.00% Notes being made upon surrender of such 8.00% Notes to the Paying Agent. Payments Payment in respect of interest the 8.00% Notes represented as Global Securities (including interest on any Interest Payment Dateprincipal and interest) will be mademade by wire transfer of immediately available funds to the accounts specified by the Person entitled thereto. With respect to 8.00% Notes in certificated form, subject to such surrender where applicable, at the option Company will make all payments of the Company, (i) principal and interest by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoRegister.

Appears in 1 contract

Samples: Supplemental Indenture (Delphi Financial Group Inc/De)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8750.843% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from December 17, 2019. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on June 17, 20032020, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8751.039% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from April 15, 2021. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on October 15, 20032021, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 Senior 5.625% Notes shall bear interest at the rate of 5.8755.625% per year annum until paid or duly provided for, such interest to accrue from February 13, 2003 or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly semiannually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior 5.625% Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may will be paid to the Person or Persons in whose name the 5.625% Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Company ("Special Record Date"), notice whereof shall be given to Holders of the 5.625% Notes not less than fifteen (15) days prior to such Special Record Date, as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior 5.625% Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior 5.625% Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior 5.625% Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case ) with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at on the Stated Maturity of the 2033 Senior 5.625% Notes shall be made upon surrender at the office of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid Paying Agent in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity or on an earlier Redemption Date of any 5.625% Notes being made upon surrender of such 5.625% Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Nationwide Financial Services Inc/

Payment of Principal and Interest. (a) The principal of the 2033 Senior 2027 Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 Senior 2027 Notes shall bear interest at the rate of 5.875% rates per year described in clause (b) below until paid or duly provided for. Interest shall be paid or compounded quarterly in arrears on each Interest Payment Date, commencing December 31July 27, 20032022, to the Person in whose name the 2033 Senior 2027 Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 3.08 of the Original Indenture. (b) Payments of interest on the 2033 Senior 2027 Notes will include interest accrued from the most recent date to which interest has been paid (or the Original Issue Date if no interest has been paid) to, but excluding excluding, the respective Interest Payment Dates. Interest payments for the 2033 Senior 2027 Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. Interest will be payable as follows: (a) Cash Interest on the 2027 Notes will accrue at a rate of 6.625% per annum and (b) any PIK Interest on the 2027 Notes will accrue at a rate per annum equal to 7.25% per annum. No fractional amounts will be paid. The payment of interest on the 2027 Notes in cash is referred to herein as “Cash Interest”; payment of interest on the 2027 Notes through an increase in the principal amount of the outstanding 2027 Notes or through the issuance of PIK Interest Notes as described below is herein referred to as “PIK Interest”. The Company has determined to pay PIK Interest on the first Interest Payment Date on July 27, 2022. In the event that the Company determines to pay PIK Interest for any date on Interest Period ending thereafter or prior to April 27, 2024, then the Company will deliver a notice (a “PIK Notice”) to the Trustee no later than five (5) Business Days prior to the beginning of such Interest Period, which notice will state the total amount of interest is payable to be paid on the 2033 Senior Notes is not a Business Day, then a payment Interest Payment Date in respect of such Interest Period and the amount of such interest payable on to be paid as PIK Interest. The Company shall promptly deliver the PIK Notice to the holders or may request the Trustee deliver such date will be made notice to the holders on the next succeeding day that is a Business Day Company’s behalf (and without any which notice to the holders may be given through the Depositary). For the avoidance of doubt, interest or other payment on the 2027 Notes in respect of any such delay), except that, if such Business Day Interest Period for which a PIK Notice is in not delivered following the next succeeding calendar year, such payment shall first Interest Payment Date must be made on the immediately preceding Business Day, in each case with the same force and effect paid entirely as if made Cash Interest. PIK Interest will be considered paid on the date due if on such date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, Trustee has received (i) by check mailed to the address an Officers’ Certificate, in accordance with Section 2.02 of the Person entitled thereto as Base Indenture, from the Company to increase the balance of any Global Security to reflect such address shall appear in the Security Register PIK Interest or (ii) PIK Interest Notes duly executed by wire transfer at the Company together with an Officers’ Certificate, in accordance with Section 2.02 of the Base Indenture, of the Company requesting the authentication of such place and PIK Interest Notes by the Trustee. On any Interest Payment Date on which the Company pays PIK Interest (a “PIK Payment”), with respect to a Global Security, the Trustee will increase the principal amount of such account at a banking institution in the United States as may be designated in writing Global Security by an amount equal to the Trustee at least 15 days prior PIK Interest payable, rounded down to the date nearest whole dollar, for payment by the Person entitled thereto.relevant Interest Period on the principal amount of such Global Security, to the credit of the holders on the relevant Regular Record Date and an adjustment will be

Appears in 1 contract

Samples: Supplemental Indenture (Atlas Financial Holdings, Inc.)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8751.048% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 21, 2024. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on September 21, 20032024, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Series C Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Series C Senior Notes shall bear interest at the rate of 5.8755.25% per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Series C Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series C Senior Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Original Indenture), notice whereof shall be given to Holders of the Series C Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series C Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Series C Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Series C Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Series C Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2033 Series C Senior Notes shall be made upon surrender at the office of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid Paying Agent in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity of any Series C Senior Notes or on Redemption Date being made upon surrender of such Series C Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Series C Senior Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Samples: Virginia Electric & Power Co

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8750.633% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from April 15, 2021. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on October 15, 20032021, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8754.750% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from October 31, 2018. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on January 15, 2003, 2019 to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior Notes shall bear interest at the rate of 5.8753.64% per year annum until paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may will be paid as provided to the Person in Section 2.03 whose name the Notes are registered on a subsequent record date established for the payment of such defaulted interest by notice given by mail or on behalf of the Original IndentureCompany to the Holders no less than fifteen (15) days preceding such subsequent record date, such record date to be not less than five (5) days preceding the date of payment of such defaulted interest or in any other lawful manner acceptable to the Trustee. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment DatesDate. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months (and for any partial periods shall be calculated on the basis of the number of days elapsed in a 360-day year of twelve 30-day months). In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of the principal and interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by wire transfer to the Holders entitled thereto who have provided appropriate wire transfer instructions to the Trustee, or by check mailed to the address Holders of the Person Notes entitled thereto at their last addresses as such address shall they appear in on the Debt Security Register or (ii) if the Notes are Book-Entry Debt Securities, the Depository, as Holder of the Notes, shall be entitled to receive payment of interest by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoof immediately available funds.

Appears in 1 contract

Samples: Eighth Supplemental Indenture (Piedmont Natural Gas Co Inc)

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 Senior Notes shall bear interest at the rate of 5.8756.750% per year until annum, from and including November 17, 2023, or from the most recent Interest Payment Date on which interest has been paid or duly provided for, until the principal thereof becomes due and payable, and on any overdue principal. Interest shall be paid quarterly in arrears on each Interest Payment Date, commencing December 31, 2003, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable Interest on the 2033 Senior Notes shall be payable semi-annually in arrears in U.S. Dollars on May 17 and November 17 of each year, beginning on May 17, 2024 (each such date, an “Interest Payment Date” for the purposes of this Supplemental Indenture). Payments of interest shall be made to the Person in whose name a Note (or predecessor Note) is registered (which shall initially be the Depositary) at the close of business on the May 3 or November 3 (whether or not that date is a Business Day), as the case may be, immediately preceding such Interest Payment Date (each such date, a “Regular Record Date” for the purposes of the Notes under this Supplemental Indenture). Notwithstanding anything to the contrary contained herein or in the Indenture, (i) if any Interest Payment Date would otherwise be a day that is not a Business Day, then that Interest Payment Date shall be postponed to the next date that is a Business Day and (ii) if the Maturity Date falls on a day that is not a Business Day, the related payment of principal and interest for the interest payable on such date will Notes shall be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if it were made on the date the such payment was originally payable. Payment of the principal due, and no interest due at the Stated Maturity of the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest will accrue on the 2033 Senior amounts so payable in respect of such Notes shall be paid in such coin or currency of for the United States of America as at period from and after the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed Maturity Date to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretonext Business Day.

Appears in 1 contract

Samples: First Supplemental Indenture (LPL Financial Holdings Inc.)

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8750.932% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from January 25, 2017. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on July 25, 20032017, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Series 2017A Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior Series 2017A Notes shall bear interest at the rate of 5.8755.00% per year annum (the “Securities Rate”) until paid or duly provided for. Interest shall be paid quarterly in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Series 2017A Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any So long as an Optional Deferral Period is not occurring, any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2017A Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee, notice whereof shall be given to Holders of the Series 2017A Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2017A Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior Series 2017A Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Series 2017A Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Series 2017A Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest (including Additional Interest) due at the Stated Maturity or earlier redemption of the 2033 Senior Series 2017A Notes shall be made upon surrender of the 2033 Senior Series 2017A Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Series 2017A Notes (including Additional Interest) shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment DateDate)(including Additional Interest) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Georgia Power Co

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8751.075% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from September 14, 2022. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on March 14, 20032023, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Series A Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Series A Senior Notes shall bear interest at the rate of 5.8755.4% per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Series A Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series A Senior Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Original Indenture), notice whereof shall be given to Holders of the Series A Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series A Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Series A Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Series A Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Series A Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2033 Series A Senior Notes shall be made upon surrender at the office of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid Paying Agent in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity of any Series A Senior Notes or on a Redemption Date being made upon surrender of such Series A Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Series A Senior Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Samples: Virginia Electric & Power Co

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8752.40% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 12, 2015. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on September 15, 20032015, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Series 2023B Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior Series 2023B Notes shall bear interest at the rate of 5.8754.85% per year annum until paid or duly provided for. Interest shall be paid quarterly semiannually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Series 2023B Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2023B Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee, notice whereof shall be given to Holders of the Series 2023B Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2023B Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior Series 2023B Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Series 2023B Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Series 2023B Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2033 Senior Series 2023B Notes shall be made upon surrender of the 2033 Senior Series 2023B Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Series 2023B Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Southern Co

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8751.264% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from April 15, 2021. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on October 15, 20032021, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Series 2023E Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior Series 2023E Notes shall bear interest at the rate of 5.8755.70% per year annum until paid or duly provided for. Interest shall be paid quarterly semiannually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Series 2023E Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2023E Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee, notice whereof shall be given to Holders of the Series 2023E Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2023E Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior Series 2023E Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Series 2023E Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Series 2023E Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2033 Senior Series 2023E Notes shall be made upon surrender of the 2033 Senior Series 2023E Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Series 2023E Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Southern Co

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8750.300% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 12, 2020. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on September 12, 20032020, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Indenture (Aflac Inc)

Payment of Principal and Interest. The principal of the 2033 Senior Notes Subordinated Debentures shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Subordinated Debentures, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8755.50% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from September 26, 2012. Subject to Section 1.04 below, Interest shall be paid quarterly in arrears on each Interest Payment Date, commencing on December 3115, 20032012, to the Person in whose name the 2033 Senior Notes Subordinated Debentures are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity or on a date of principal redemption as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes Subordinated Debentures will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes Subordinated Debentures shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes Subordinated Debentures is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of, or on a date of redemption for, the 2033 Senior Notes Subordinated Debentures shall be made upon surrender of the 2033 Senior Notes Subordinated Debentures at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes Subordinated Debentures shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The entire outstanding principal amount of the 2033 Senior Notes Debentures shall be due and payable, unless accelerated, redeemed or required to be repurchased pursuant to the Indenture, at Stated Final Maturity. The unpaid principal amount of the 2033 Senior Notes Debentures shall bear interest at the rate of 5.8757.50% per year annum until paid or duly provided for. Interest shall be paid quarterly in arrears on each Interest Payment Date, commencing December 31, 2003, to the Person in whose name the 2033 Senior Notes Debentures are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Final Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may be paid as provided in Section 2.03 3.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes Debentures will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes Debentures shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes Debentures is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay)Day, except that, notwithstanding Section 1.13 of the Indenture, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Final Maturity of the 2033 Senior Notes Debentures shall be made upon surrender at the office or agency of the 2033 Senior Notes at Company maintained for that purpose in the Corporate Trust Office Place of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid Payment, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made; provided, subject to such surrender where applicablehowever, that, at the option of the Company, (i) interest may be paid by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register Register; provided, further, that payment to the U.S. Depositary or (ii) any successor depositary may be made by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment account designated by the Person entitled theretoU.S. Depositary or such successor depositary in writing.

Appears in 1 contract

Samples: Indenture (Aag Holding Co Inc)

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 Senior 5.90% Notes shall bear interest at the rate of 5.8755.90% per year annum until paid or duly provided for, such interest to accrue from June 24, 2002 or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly semiannually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior 5.90% Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may will be paid to the Person or Persons in whose name the 5.90% Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Company ("Special Record Date"), notice whereof shall be given to Holders of the 5.90% Notes not less than fifteen (15) days prior to such Special Record Date, as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior 5.90% Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior 5.90% Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior 5.90% Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case ) with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at on the Stated Maturity of the 2033 Senior 5.90% Notes shall be made upon surrender at the office of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid Paying Agent in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity or on an earlier Redemption Date of any 5.90% Notes being made upon surrender of such 5.90% Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Supplemental Indenture (Nationwide Financial Services Inc/)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8750.500% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from December 17, 2019. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on June 17, 20032020, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior 2046 Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior 2046 Notes shall bear interest at the rate of 5.8754.40% per year annum until paid or duly provided for. Interest shall be paid quarterly semiannually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior 2046 Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the 2046 Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee, notice whereof shall be given to Holders of the 2046 Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the 2046 Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior 2046 Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior 2046 Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior 2046 Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2033 Senior 2046 Notes shall be made upon surrender of the 2033 Senior 2046 Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior 2046 Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Southern Co

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8754.00% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from February 10, 2012. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on August 15, 20032012, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8752.875% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from September 19, 2016. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on April 15, 20032017, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. (a) The principal Accreted Principal Amount of the 2033 2004 Senior Convertible Notes shall be due at Stated Maturity. The unpaid principal amount of 2004 Senior Convertible Notes will bear cash interest on the 2033 Senior Notes shall bear interest Original Principal Amount at the annual rate of 5.875Six Month LIBOR plus 0.50% per year until reset semi-annually on each Interest Payment Date (such day being an "Interest Reset Date"); provided that such rate will never be less than 0%, from the August 1, 2004, or from the most recent date to which interest has been paid or duly provided for, until August 1, 2010. Interest shall be paid quarterly During such period, the Company will pay cash interest semi-annually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to Holders of record at the Person in whose name the 2033 Senior Notes are registered close of business on the each Regular Record Date for immediately preceding such Interest Payment Date, provided that . The interest payable at rate in effect for the Stated Maturity of principal 2004 Senior Convertible Notes on any day will be paid to (a) if that day is an Interest Reset Date, the Person to whom principal is payable. Any interest determined as of the Determination Date immediately preceding such interest Interest Reset Date, or (b) if that day is not so punctually paid or duly provided for will forthwith cease to be payable to an Interest Reset Date, the holders on such Regular Record Date and may be paid interest rate determined as provided in Section 2.03 of the Original IndentureDetermination Date immediately preceding the most recent Interest Reset Date. Payments Each payment of cash interest on the 2033 2004 Senior Convertible Notes will include interest (including Contingent Interest, if any) accrued to but excluding through the respective day immediately preceding the most recent Interest Payment DatesDate (or the Repurchase Date, Redemption Date, Fundamental Change Purchase Date or, in certain circumstances, the Conversion Date, as the case may be). Interest payments for the 2033 Senior Notes shall Any payment required to be computed and paid made on the basis of a 360-any day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date Day will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, . LIBOR will be determined by the Calculation Agent as of the applicable determination date in each case accordance with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest following provisions (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto."Six-Month LIBOR"):

Appears in 1 contract

Samples: Lomb Incorporated (Bausch & Lomb Inc)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8751.412% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 21, 2024. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on September 21, 20032024, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8753.25% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 12, 2015. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on September 15, 20032015, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at on the Stated MaturityMaturity Date. The unpaid principal amount of the 2033 Senior Notes shall bear interest at the rate of 5.8756.05 % per year until paid or duly provided for, such interest to accrue from June 9, 2005 or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 3115, 2003, 2005 to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at on the Stated Maturity Date of principal or on a Redemption Date (as defined below) as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.07 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, Premium, if any, and interest due at on the Stated Maturity of Date of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Supplemental Indenture (Horace Mann Educators Corp /De/)

Payment of Principal and Interest. The entire outstanding principal amount of the 2033 Senior Notes Debentures shall be due and payable, unless accelerated, redeemed or required to be repurchased pursuant to the Indenture, at Stated Final Maturity. The unpaid principal amount of the 2033 Senior Notes Debentures shall bear interest at the rate of 5.8757.25 % per year annum until paid or duly provided for. Interest shall be paid quarterly in arrears on each Interest Payment Date, commencing December 31April 23, 20032004, to the Person in whose name the 2033 Senior Notes Debentures are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Final Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may be paid as provided in Section 2.03 3.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes Debentures will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes Debentures shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes Debentures is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay)Day, except that, notwithstanding Section 1.13 of the Indenture, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Final Maturity of the 2033 Senior Notes Debentures shall be made upon surrender at the office or agency of the 2033 Senior Notes at Company maintained for that purpose in the Corporate Trust Office Place of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid Payment, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made; provided, subject to such surrender where applicablehowever, that, at the option of the Company, (i) interest may be paid by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register Register; provided, further, that payment to the U.S. Depositary or (ii) any successor depositary may be made by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment account designated by the Person entitled theretoU.S. Depositary or such successor depositary in writing.

Appears in 1 contract

Samples: Aag Holding Co Inc

Payment of Principal and Interest. The principal of the 2033 3.450% Senior Notes shall be due at the Stated Maturity. The unpaid principal amount of the 2033 3.450% Senior Notes shall bear interest at the rate of 5.8753.450% per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly semiannually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 3.450% Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or upon redemption or repurchase as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the 3.450% Senior Notes are registered at the close of business on a Special Record Date for the payment of [[5628593]] such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Original Indenture), notice whereof shall be given to Holders of the 3.450% Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the 3.450% Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 3.450% Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 3.450% Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 3.450% Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2033 3.450% Senior Notes shall be made upon surrender at the office of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid Paying Agent in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity of any 3.450% Senior Notes being made upon surrender of such 3.450% Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the 3.450% Senior Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Samples: Supplemental Indenture (Markel Corp)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8751.560% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from April 15, 2021. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on October 15, 20032021, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. (a) The principal Accreted Principal Amount of the 2033 Senior Convertible Notes shall be due at Stated Maturity. The unpaid principal amount of Senior Convertible Notes will bear cash interest on the 2033 Senior Notes shall bear interest Original Principal Amount at the annual rate of 5.875Six Month LIBOR plus 0.50% per year until reset semi-annually on each Interest 8 Payment Date (such day being an "Interest Reset Date"); provided that such rate will never be less than 0%, from the Original Issue Date, or from the most recent date to which interest has been paid or duly provided for, until August 1, 2010. Interest shall be paid quarterly During such period, the Company will pay cash interest semi-annually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to Holders of record at the Person in whose name the 2033 Senior Notes are registered close of business on the each Regular Record Date for immediately preceding such Interest Payment Date, provided that . The interest payable at rate in effect for the Stated Maturity of principal Senior Convertible Notes on any day will be paid to (a) if that day is an Interest Reset Date, the Person to whom principal is payable. Any interest determined as of the Determination Date immediately preceding such interest Interest Reset Date, or (b) if that day is not so punctually paid or duly provided for will forthwith cease to be payable to an Interest Reset Date, the holders on such Regular Record Date and may be paid interest rate determined as provided in Section 2.03 of the Original IndentureDetermination Date immediately preceding the most recent Interest Reset Date. Payments Each payment of cash interest on the 2033 Senior Convertible Notes will include interest (including Contingent Interest, if any) and Liquidated Damages, if any, accrued to but excluding through the respective day immediately preceding the most recent Interest Payment DatesDate (or the Repurchase Date, Redemption Date, Fundamental Change Purchase Date or, in certain circumstances, the Conversion Date, as the case may be). Interest payments for the 2033 Senior Notes shall Any payment required to be computed and paid made on the basis of a 360-any day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date Day will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, . LIBOR will be determined by the Calculation Agent as of the applicable determination date in each case accordance with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest following provisions (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto."Six-Month LIBOR"):

Appears in 1 contract

Samples: Lomb Incorporated (Bausch & Lomb Inc)

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8756.45% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from August 9, 2010. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on February 15, 20032011, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Series A Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Series A Senior Notes shall bear interest at the rate of 5.8755 3/8% per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Series A Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series A Senior Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Original Indenture), notice whereof shall be given to Holders of the Series A Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series A Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Series A Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Series A Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Series A Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2033 Series A Senior Notes shall be made upon surrender at the office of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid Paying Agent in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity of any Series A Senior Notes or on Redemption Date being made upon surrender of such Series A Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Series A Senior Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Samples: Electric and Power (Virginia Electric & Power Co)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8752.144% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from September 14, 2022. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on March 14, 20032023, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8751.125% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 8, 2021. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on September 15, 2003, 2021 to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8750.750% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 12, 2020. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on September 12, 20032020, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Indenture (Aflac Inc)

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8753.625% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from June 10, 2013. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing on December 3115, 20032013, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8751.682% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 21, 2024. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on September 21, 20032024, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Series 2022B Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior Series 2022B Notes shall bear interest at the rate of 5.8755.70% per year annum until paid or duly provided for. Interest shall be paid quarterly semiannually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Series 2022B Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2022B Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee, notice whereof shall be given to Holders of the Series 2022B Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2022B Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior Series 2022B Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Series 2022B Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Series 2022B Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2033 Senior Series 2022B Notes shall be made upon surrender of the 2033 Senior Series 2022B Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Series 2022B Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Southern Co

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Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8750.550% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 12, 2020. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on September 12, 20032020, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Indenture (Aflac Inc)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8750.844% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from April 15, 2021. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on October 15, 20032021, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Series 2020A Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior Series 2020A Notes shall bear interest at the rate of 5.8754.95% per year annum (the “Securities Rate”) until paid or duly provided for. Interest shall be paid quarterly in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Series 2020A Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any So long as an Optional Deferral Period is not occurring, any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2020A Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee, notice whereof shall be given to Holders of the Series 2020A Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2020A Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior Series 2020A Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Series 2020A Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Series 2020A Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest (including Additional Interest) due at the Stated Maturity or earlier redemption of the 2033 Senior Series 2020A Notes shall be made upon surrender of the 2033 Senior Series 2020A Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Series 2020A Notes (including Additional Interest) shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) (including Additional Interest) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Southern Co

Payment of Principal and Interest. The principal of the 2033 2006 Senior Notes shall be due at on the 2006 Series Stated MaturityMaturity Date. The unpaid principal amount of the 2033 2006 Senior Notes shall bear interest at the rate of 5.8756.85% per year until paid or duly provided for, such interest to accrue from April 21, 2006 or from the most recent 2006 Series Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each 2006 Series Interest Payment Date, commencing December 31October 15, 20032006, to the Person in whose name the 2033 2006 Senior Notes are registered on the 2006 Series Regular Record Date for such 2006 Series Interest Payment Date, provided that interest payable at on the 2006 Series Stated Maturity Date of principal or on a 2006 Series Redemption Date (as defined in Section 1.07 below) as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such 2006 Series Regular Record Date and may be paid as provided in Section 2.03 2.07 of the Original Indenture. Payments of interest on the 2033 2006 Senior Notes will include interest accrued to but excluding the respective 2006 Series Interest Payment Dates. Interest payments for the 2033 2006 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 2006 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay); provided, except thathowever, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the 2006 Series Stated Maturity of Date of, or on a 2006 Series Redemption Date for, the 2033 2006 Senior Notes shall be made upon surrender of the 2033 2006 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 2006 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any 2006 Series Interest Payment Date) will be made, subject to such surrender where applicable, made at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Horace Mann Educators Corp /De/

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8751.750% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from October 18, 2018. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on April 18, 20032019, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8752.65% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from February 10, 2012. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on August 15, 20032012, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8751.320% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from September 14, 2022. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on March 14, 20032023, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Series 2023D Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior Series 2023D Notes shall bear interest at the rate of 5.8755.50% per year annum until paid or duly provided for. Interest shall be paid quarterly semiannually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Series 2023D Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2023D Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee, notice whereof shall be given to Holders of the Series 2023D Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2023D Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior Series 2023D Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Series 2023D Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Series 2023D Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2033 Senior Series 2023D Notes shall be made upon surrender of the 2033 Senior Series 2023D Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Series 2023D Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Southern Co

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8751.594% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from September 14, 2022. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on March 14, 20032023, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Series 2013A Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior Series 2013A Notes shall bear interest at the rate of 5.8752.45% per year annum until paid or duly provided for. Interest shall be paid quarterly semiannually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Series 2013A Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2013A Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee, notice whereof shall be given to Holders of the Series 2013A Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2013A Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior Series 2013A Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Series 2013A Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Series 2013A Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2033 Senior Series 2013A Notes shall be made upon surrender of the 2033 Senior Series 2013A Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Series 2013A Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Southern Co

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8751.122% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from December 17, 2019. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on June 17, 20032020, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Indenture (Aflac Inc)

Payment of Principal and Interest. The principal of the 2033 Senior Series 2017B Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior Series 2017B Notes shall bear interest at the rate of 5.8755.25% per year annum (the “Securities Rate”) until paid or duly provided for. Interest shall be paid quarterly in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Series 2017B Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any So long as an Optional Deferral Period is not occurring, any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2017B Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee, notice whereof shall be given to Holders of the Series 2017B Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2017B Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior Series 2017B Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Series 2017B Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Series 2017B Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest (including Additional Interest) due at the Stated Maturity or earlier redemption of the 2033 Senior Series 2017B Notes shall be made upon surrender of the 2033 Senior Series 2017B Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Series 2017B Notes (including Additional Interest) shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment DateDate)(including Additional Interest) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Southern Co

Payment of Principal and Interest. The principal of the 2033 Senior Series 2021B Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior Series 2021B Notes shall bear interest at the rate of 5.8751.75% per year annum until paid or duly provided for. Interest shall be paid quarterly semiannually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Series 2021B Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2021B Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee, notice whereof shall be given to Holders of the Series 2021B Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2021B Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior Series 2021B Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Series 2021B Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Series 2021B Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2033 Senior Series 2021B Notes shall be made upon surrender of the 2033 Senior Series 2021B Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Series 2021B Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Southern Co

Payment of Principal and Interest. The principal of the 2033 Senior 2023 Notes shall be due at Stated Maturity, unless earlier redeemed. The unpaid principal amount of the 2033 Senior 2023 Notes shall bear interest at the rate of 5.8753.875% per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date on which interest has been paid or duly provided for. Subject to Section 307 of the Original Indenture, Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person or Persons in whose name the 2033 Senior 2023 Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal will or on a Redemption Date as provided herein shall be paid to the Person to whom principal is payable. Any such The Company shall pay interest that is not so punctually paid or duly provided for will forthwith cease on overdue principal and premium, if any, from time to be payable time on demand at the same rate; and it shall pay interest on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the holders on such Regular Record Date and may be paid as provided in Section 2.03 of the Original Indentureextent lawful. Payments of interest on the 2033 Senior 2023 Notes will shall include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior 2023 Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that If any date on which interest is payable on the 2033 Senior 2023 Notes is not a Business Day, then a payment of the interest payable on such date will shall be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case ) with the same force and effect as if made on the date the payment was originally payable. Payment of the principal of, premium, if any, and interest due at on the Stated Maturity of the 2033 Senior 2023 Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including principal of, premium, if any, and interest on the 2023 Notes represented by a Global Security shall be made by wire transfer of immediately available funds to the Depositary therefor; provided that, in the case of payments of principal and premium, if any, at maturity or upon redemption, such Global Security is first surrendered to a Paying Agent. If any Interest Payment Dateof the 2023 Notes are no longer represented by Global Securities, (i) will payments of principal, premium, if any, and interest due at the Stated Maturity or earlier redemption of such 2023 Notes shall be made at the office of any Paying Agent upon surrender of such 2023 Notes to such Paying Agent and (ii) payments of interest shall be made, at the option of the Company, subject to such surrender where applicable, at the option of the Company, by (iA) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (iiB) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 16 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Supplemental Indenture (DCP Midstream Partners, LP)

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8753.625% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from November 7, 2014. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on May 15, 20032015, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8751.488% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from October 18, 2018. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on April 18, 20032019, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid principal --------------------------------- amount of the 2033 Senior Series A Notes shall bear interest at the rate of 5.8757.20% per year annum until paid or duly provided for, such interest to accrue from December 8, 1997 or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Series A Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any So long as an Extension Period is not occurring, any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series A Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee ("Special Record Date"), notice whereof shall be given to Holders of the Series A Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series A Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior Series A Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Series A Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Series A Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at (including Additional Interest, if any) on the Stated Maturity of the 2033 Senior Series A Notes shall be made upon surrender at the office of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid Paying Agent in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity or at earlier redemption of any Series A Notes being made upon surrender of such Series A Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the CompanyCorporation, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. The Corporation shall pay, as additional interest on the Series A Notes, when due to the United States or any other taxing authority, the amounts set forth in clause (i) of the definition of Additional Interest.

Appears in 1 contract

Samples: Supplemental Indenture (Duke Energy Corp)

Payment of Principal and Interest. The principal of the 2033 Series A Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Series A Senior Notes shall bear interest at the rate of 5.8754.75% per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Series A Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid as provided to the Person or Persons in whose name the Series A Senior Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 2.03 307 of the Original Indenture), notice whereof shall be given to Holders of the Series A Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series A Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in the Original Indenture. . Payments of interest on the 2033 Series A Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Series A Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Series A Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2033 Series A Senior Notes shall be made upon surrender at the office of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid Paying Agent in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity of any Series A Senior Notes or on Redemption Date being made upon surrender of such Series A Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Series A Senior Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Samples: Electric and Power Company (Virginia Electric & Power Co)

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 Senior Notes shall bear interest at the rate of 5.8751.250% per year until annum, from and including March 17, 2015, or from the most recent Interest Payment Date (as defined hereafter) on which interest has been paid or duly provided forfor until the principal thereof becomes due and payable, and on any overdue principal. Interest shall will be computed on the basis of the actual number of days in the period for which interest is being calculated and the actual number of days from and including the last date on which interest was paid quarterly in arrears on each the Notes (or March 17, 2015 if no interest has been paid on the Notes), to but excluding the next scheduled Interest Payment Date. This payment convention is referred to as ACTUAL/ACTUAL (ICMA) as defined in the rulebook of the International Capital Market Association. Interest on the Notes shall be payable annually on March 17 of each year, commencing December 31beginning on March 17, 20032016 (each such date, an “Interest Payment Date” for the purposes of the Notes under this Third Supplemental Indenture). Payments of interest shall be made to the Person in whose name a Note (or predecessor Note) is registered (which shall initially be the 2033 Senior Notes are registered Depositary) at the close of business on the Regular Record Date for Business Day immediately preceding such Interest Payment DateDate (each such date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such a “Regular Record Date and may be paid as provided in Section 2.03 Date” for the purposes of the Original Notes under this Third Supplemental Indenture). Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective If any Interest Payment Dates. Interest payments for the 2033 Senior Notes shall Date would otherwise be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then that Interest Payment Date will be postponed to the next date that is a Business Day. If the Maturity Date of the Notes falls on a day that is not a Business Day, the related payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if it were made on the date the such payment was originally payabledue, and no interest will accrue on the amounts so payable for the period from and after such date to the next Business Day. Payment As specified in paragraph 12 on the reverse of the principal and interest due at Note, the Stated Maturity of the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America Company agrees to pay Additional Amounts as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoset forth therein.

Appears in 1 contract

Samples: Third Supplemental Indenture (Flowserve Corp)

Payment of Principal and Interest. The principal of the 2033 Series B Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Series B Senior Notes shall bear interest at the rate of 5.8755.45% per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Series B Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series B Senior Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Base Indenture), notice whereof shall be given to Holders of the Series B Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series B Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Base Indenture. Payments of interest on the 2033 Series B Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Series B Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Series B Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2033 Series B Senior Notes shall be made upon surrender at the office of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid Paying Agent in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity of any Series B Senior Notes, upon redemption or repurchase being made upon surrender of such Series B Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Series B Senior Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Samples: Virginia Electric & Power Co

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8753.45% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from August 9, 2010. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on February 15, 20032011, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Series A Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Series A Senior Notes shall bear interest at the rate of 5.8752.875% per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Series A Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series A Senior Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Base Indenture), notice whereof shall be given to Holders of the Series A Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series A Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Base Indenture. Payments of interest on the 2033 Series A Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Series A Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Series A Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2033 Series A Senior Notes shall be made upon surrender at the office of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid Paying Agent in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity of any Series A Senior Notes, upon redemption or repurchase being made upon surrender of such Series A Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Series A Senior Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Virginia Electric & Power Co)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8750.934% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from December 17, 2019. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on June 17, 20032020, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Indenture (Aflac Inc)

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior Notes shall bear interest at the rate of 5.8753.60% per year annum until paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may will be paid as provided to the Person in Section 2.03 whose name the Notes are registered on a subsequent record date established for the payment of such defaulted interest by notice given by mail or on behalf of the Original IndentureCompany to the Holders no less than fifteen (15) days preceding such subsequent record date, such record date to be not less than five (5) days preceding the date of payment of such defaulted interest or in any other lawful manner acceptable to the Trustee. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment DatesDate. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months (and for any partial periods shall be calculated on the basis of the number of days elapsed in a 360-day year of twelve 30-day months). In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of the principal and interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by wire transfer to the Holders entitled thereto who have provided appropriate wire transfer instructions to the Trustee, or by check mailed to the address Holders of the Person Notes entitled thereto at their last addresses as such address shall they appear in on the Debt Security Register or (ii) if the Notes are Book-Entry Debt Securities, the Depository, as Holder of the Notes, shall be entitled to receive payment of interest by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoof immediately available funds.

Appears in 1 contract

Samples: Piedmont Natural Gas Co Inc

Payment of Principal and Interest. The principal of the 2033 Senior Notes Subordinated Debentures shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Subordinated Debentures, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest (i) at an initial rate of 2.108% per annum, from and including the date of issuance to, but excluding, October 23, 2027, or earlier redemption and (ii) thereafter the rate of 5.875% per the interest of the Subordinated Debentures will be reset on each of October 23, 2027, October 23, 2032, October 23, 2037 and October 23, 2042 (each, a “reset date”). From and including the day immediately following each reset date to and including the next following reset date or the date of earlier redemption, the rate of interest of the Subordinated Debentures will be equal to the then-current JPY 5-year until paid or duly provided forSwap Offered Rate (rounded up to the nearest third decimal place) plus 205 basis points. Interest Subject to Section 1.04 below, interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on April 23, 20032018, to the Person in whose name the 2033 Senior Notes Subordinated Debentures are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity or on a date of principal redemption as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes Subordinated Debentures will include interest accrued to to, but excluding excluding, the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes Subordinated Debentures shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes Subordinated Debentures is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of, or on a date of redemption for, the 2033 Senior Notes Subordinated Debentures shall be made upon surrender of the 2033 Senior Notes Subordinated Debentures at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes Subordinated Debentures shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8756.900% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date to which interest has been paid or duly provided forfor or, if no interest has been paid, from December 17, 2009. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on June 17, 20032010, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 Senior Notes shall bear interest at the rate of 5.8757.30% per year until paid or duly provided for, such interest to accrue from June 29, 2004 or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 3115, 20032004, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Ohio Casualty Corp

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8754.000% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from September 19, 2016. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on April 15, 20032017, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Aflac Inc

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior Notes shall bear interest at the rate of 5.8754.10% per year annum until paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may will be paid as provided to the Person in Section 2.03 whose name the Notes are registered on a subsequent record date established for the payment of such defaulted interest by notice given by mail or on behalf of the Original IndentureCompany to the Holders no less than fifteen (15) days preceding such subsequent record date, such record date to be not less than five (5) days preceding the date of payment of such defaulted interest or in any other lawful manner acceptable to the Trustee. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment DatesDate. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months (and for any partial periods shall be calculated on the basis of the number of days elapsed in a 360-day year of twelve 30-day months). In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of the principal and interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by wire transfer to the Holders entitled thereto who have provided appropriate wire transfer instructions to the Trustee, or by check mailed to the address Holders of the Person Notes entitled thereto at their last addresses as such address shall they appear in on the Debt Security Register or (ii) if the Notes are Book-Entry Debt Securities, the Depository, as Holder of the Notes, shall be entitled to receive payment of interest by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoof immediately available funds.

Appears in 1 contract

Samples: Piedmont Natural Gas Co Inc

Payment of Principal and Interest. The principal of the 2033 Series B Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Series B Senior Notes shall bear interest at the rate of 5.8755.35% per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Series B Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series B Senior Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Base Indenture), notice whereof shall be given to Holders of the Series B Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series B Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Base Indenture. Payments of interest on the 2033 Series B Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Series B Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Series B Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2033 Series B Senior Notes shall be made upon surrender at the office of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid Paying Agent in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts, with any such payment that is due at the Stated Maturity of any Series B Senior Notes, upon redemption or repurchase being made upon surrender of such Series B Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Series B Senior Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Samples: Virginia Electric & Power Co

Payment of Principal and Interest. The principal of the 2033 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2033 Senior Notes shall bear interest at the rate of 5.8758.500% per year until paid or duly provided for, such interest to accrue from May 21, 2009 or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31November 15, 20032009, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Indenture (Aflac Inc)

Payment of Principal and Interest. The principal of the 2033 Senior Series 2023C Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2033 Senior Series 2023C Notes shall bear interest at the rate of 5.8755.20% per year annum until paid or duly provided for. Interest shall be paid quarterly semiannually in arrears on each Interest Payment Date, commencing December 31, 2003, Date to the Person in whose name the 2033 Senior Series 2023C Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2023C Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee, notice whereof shall be given to Holders of the Series 2023C Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2023C Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 2.03 of the Original Indenture. Payments of interest on the 2033 Senior Series 2023C Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Series 2023C Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Series 2023C Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2033 Senior Series 2023C Notes shall be made upon surrender of the 2033 Senior Series 2023C Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2033 Senior Series 2023C Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Southern Co

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2033 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2033 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 5.8750.830% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 12, 2020. Interest shall be paid quarterly semi-annually in arrears on each Interest Payment Date, commencing December 31on September 12, 20032020, to the Person in whose name the 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 2.03 2.7 of the Original Indenture. Payments of interest on the 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2033 Senior Notes shall be made upon surrender of the 2033 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2033 Senior Notes shall be paid in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Samples: Indenture (Aflac Inc)

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