Common use of Payment of the Notes Clause in Contracts

Payment of the Notes. (a) The Company shall promptly make all payments on the Notes on the dates, in the manner and as otherwise required under the Notes or this Indenture. If the Company is required to pay any amounts of cash to the Trustee, the Paying Agent or the Conversion Agent, such amounts of cash shall be deposited by the Company with the Trustee, the Paying Agent or the Conversion Agent by 11:00 a.m., New York City time, on the required date. Special Interest, if any, on Certificated Notes shall be payable either, at the Company’s option, (i) by check mailed to such Holder at its address as it appears in the Register or (ii) by wire transfer in immediately available funds to such Holder’s account designated to the Paying Agent by such Holder. The Company shall make, or cause the Paying Agent to make, all payments of principal and Special Interest, if any, on Global Notes in immediately available funds to the Depositary or its nominee, in accordance with Applicable Procedures.

Appears in 2 contracts

Samples: Nextera Energy Partners, Lp, NextEra Energy Partners, LP

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Payment of the Notes. (a) The Company shall promptly make all payments on the Notes on the dates, in the manner and as otherwise required under the Notes or this Indenture. If the Company is required to pay any amounts of cash to the Trustee, the Paying Agent or the Conversion Agent, such amounts of cash shall be deposited by the Company with the Trustee, the Paying Agent or the Conversion Agent by 11:00 a.m., New York City time, on the required date. Special Interest, if any, Interest on Certificated Notes shall be payable either, at the Company’s option, (i) by check mailed to such Holder at its address as it appears in the Register or (ii) by wire transfer in immediately available funds to such HolderXxxxxx’s account designated to the Paying Agent by such Holder. The Company shall make, or cause the Paying Agent to make, all payments of principal and Special Interest, if any, interest on Global Notes in immediately available funds to the Depositary or its nominee, in accordance with Applicable Procedures.

Appears in 1 contract

Samples: Nextera Energy Partners, Lp

Payment of the Notes. (a) The Company shall promptly make all payments on the Notes on the dates, in the manner and as otherwise required under the Notes or this Indenture. If the Company is required to pay any amounts of cash to the Trustee, the Paying Agent or the Conversion Agent, such amounts of cash shall be deposited by the Company with the Trustee, the Paying Agent or the Conversion Agent by 11:00 a.m., New York City time, on the required date. Special Interest, if any, Interest on Certificated Notes shall be payable either, at the Company’s option, (i) by check mailed to such Holder at its address as it appears in the Register or (ii) by wire transfer in immediately available funds to such Holder’s account designated to the Paying Agent by such Holder. The Company shall make, or cause the Paying Agent to make, all payments of principal and Special Interest, if any, interest on Global Notes in immediately available funds to the Depositary or its nominee, in accordance with Applicable Procedures.

Appears in 1 contract

Samples: NextEra Energy Partners, LP

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Payment of the Notes. (a) The Company shall promptly make all payments on the Notes on the dates, in the manner and as otherwise required under the Notes or this Indenture. If the Company is required to pay any amounts of cash to the Trustee, the Paying Agent or the Conversion Exchange Agent, such amounts of cash shall be deposited by the Company with the Trustee, the Paying Agent or the Conversion Exchange Agent by 11:00 a.m., New York City time, on the required date. Special Interest, if any, Any interest on Certificated Notes shall be payable either, at the Company’s option, (i) by check mailed to such Holder at its address as it appears in the Register or (ii) by wire transfer in immediately available funds to such HolderXxxxxx’s account designated to the Paying Agent by such HolderXxxxxx. The Company shall make, or cause the Paying Agent to make, all payments of principal and Special Interest, if any, interest on Global Notes in immediately available funds to the Depositary or its nominee, in accordance with Applicable Procedures.

Appears in 1 contract

Samples: Nextera Energy Inc

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