Common use of PAYMENTS UNDER INDENTURE Clause in Contracts

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Capital Securities (and any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (and Owner with respect to a Holder's Capital Securities) has directly received pursuant to Section 508 of the Indenture or Section 5.12 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Metlife Inc)

AutoNDA by SimpleDocs

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Capital Securities (and any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (and Owner with respect to a Holder's Capital Securities) has directly received pursuant to Section 508 of the Indenture or Section 5.12 5.14 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Amerus Capital I)

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to ------------------------ any Holder of Capital Securities (and any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (and Owner with respect to a Holder's Capital Securities) has directly received pursuant to Section 508 of the Indenture or Section 5.12 5.14 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (PMC Capital I)

AutoNDA by SimpleDocs

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Capital Securities (and any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (and Owner with respect to a Holder's Capital Securities) has directly received pursuant to Section 508 of the Indenture or Section 5.12 5.11 of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Vib Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.