Common use of Special Record Date Clause in Contracts

Special Record Date. If and to the extent that the Company fails to make timely payment or provision for timely payment of interest on any series of Notes (other than on an Interest Payment Date that is a Maturity date), that interest shall cease to be payable to the Persons who were the Noteholders of such series at the applicable Regular Record Date. In that event, when moneys become available for payment of the interest, the Trustee shall (a) establish a date of payment of such interest and a Special Record Date for the payment of that interest, which Special Record Date shall be not more than 15 or fewer than 10 days prior to the date of the proposed payment and (b) mail notice of the date of payment and of the Special Record Date not fewer than 10 days preceding the Special Record Date to each Noteholder of such series at the close of business on the 15th day preceding the mailing at the address of such Noteholder, as it appeared on the register for the Notes. On the day so established by the Trustee, the interest shall be payable to the Holders of the applicable Notes at the close of business on the Special Record Date.

Appears in 9 contracts

Samples: Indenture (KCPL Financing Ii), Indenture (Kansas City Power & Light Co), Indenture (Great Plains Energy Inc)

AutoNDA by SimpleDocs

Special Record Date. If and to the extent that the Company fails to make timely payment or provision for timely payment of interest on any series of Notes Securities (other than on an Interest Payment Date that is a Maturity maturity date), that interest shall cease to be payable to the Persons who were the Noteholders Securityholders of such series at the applicable Regular Record Date. In that event, when moneys become available for payment of the interest, the Trustee shall (a) establish a date of payment of such interest and a Special Record Date for the payment of that interest, which Special Record Date shall be not more than 15 or fewer than 10 days prior to the date of the proposed payment and (b) mail notice of the date of payment and of the Special Record Date not fewer than 10 days preceding the Special Record Date to each Noteholder Securityholder of such series at the close of business on the 15th day preceding the mailing at the address of such NoteholderSecurityholder, as it appeared on the register for the NotesSecurities. On the day so established by the Trustee, Trustee the interest shall be payable to the Holders of the applicable Notes Securities at the close of business on the Special Record Date.

Appears in 6 contracts

Samples: Xcel Energy Inc, Indenture (Northern States Power Co /Wi/), Indenture (Northern States Power Co /Mn/)

Special Record Date. If and to the extent that the Company fails to make timely payment or provision for timely payment of interest on any series of Notes (other than on an Interest Payment Date that is a Maturity maturity date), that interest shall cease to be payable to the Persons who were the Noteholders of such series at the applicable Regular Record Date. In that event, when moneys become available for payment of the interest, the Trustee shall (a) establish a date of payment of such interest and a Special Record Date for the payment of that interest, which Special Record Date shall be not more than 15 or fewer than 10 days prior to the date of the proposed payment and (b) mail notice of the date of payment and of the Special Record Date not fewer than 10 days preceding the Special Record Date to each Noteholder of such series at the close of business on the 15th day preceding the mailing at the address of such Noteholder, as it appeared on the register for the Notes. On the day so established by the Trustee, Trustee the interest shall be payable to the Holders of the applicable Notes at the close of business on the Special Record Date.

Appears in 5 contracts

Samples: Senior Unsecured Note Indenture (Nevada Power Co), Indenture (Met Ed Capital Trust), Indenture (Penelec Capital Trust)

Special Record Date. If and to the extent that the Company fails to make timely payment or provision for timely payment of interest on any series of Notes (other than on an Interest Payment Date that is a Maturity date), that interest shall cease to be payable to the Persons who were the Noteholders of such series at the applicable Regular Record Date. In that event, when moneys become available for payment of the interest, the Trustee shall (a) establish a date of payment of such interest and a Special Record Date for the payment of that interest, which Special Record Date shall be not more than 15 or fewer than 10 days prior to the date of the proposed payment and (b) mail notice of the date of payment and of the Special Record Date not fewer than 10 days preceding the Special Record Date to each Noteholder of such series at the close of business on the 15th day preceding the mailing at the address of such Noteholder, as it appeared on the register for the Notes. On the day so established by the Trustee, Trustee the interest shall be payable to the Holders of the applicable Notes at the close of business on the Special Record Date.

Appears in 4 contracts

Samples: Indenture (Central Illinois Public Service Co), Indenture (Union Electric Co), Indenture (Central Illinois Public Service Co)

Special Record Date. If and to the extent that the Company fails to make timely payment or provision for timely payment of interest on any series of Notes (other than on an Interest Payment Date that is a Maturity maturity date), that interest shall cease to be payable to the Persons who were the Noteholders of such series issue at the applicable Regular Record Date. In that event, when moneys become available for payment of the that interest, the Trustee shall (a) establish a date of payment of such interest and a Special Record Date for the payment of that interest, which Special Record Date shall be not more than 15 or fewer than 10 days prior to the date of the proposed payment and (b) mail notice of the date of payment and of the Special Record Date not fewer than 10 days preceding the Special Record Date to each Noteholder of such series issue at the close of business on the 15th day preceding the mailing at the address of such Noteholder, as it appeared appears on the register for the Notes. On the day so established by the Trustee, Trustee the interest shall be payable to the Holders of the applicable Notes at the close of business on the Special Record Date.

Appears in 2 contracts

Samples: Florida Public Utilities Co, Florida Public Utilities Co

Special Record Date. If and to the extent that the Company fails to make timely payment or provision for timely payment of interest on any series issue of Notes (other than on an Interest Payment Date that is a Maturity maturity date), that interest shall cease to be payable to the Persons who were the Noteholders of such series issue at the applicable Regular Record Date. In that event, when moneys become available for payment of the that interest, the Trustee shall (a) establish a date of payment of such interest and a Special Record Date for the payment of that interest, which Special Record Date shall be not more than 15 or fewer than 10 days prior to the date of the proposed payment and (b) mail notice of the date of payment and of the Special Record Date not fewer than 10 days preceding the Special Record Date to each Noteholder of such series issue at the close of business on the 15th day preceding the mailing at the address of such Noteholder, as it appeared appears on the register for the Notes. On the day so established by the Trustee, Trustee the interest shall be payable to the Holders of the applicable Notes at the close of business on the Special Record Date.

Appears in 2 contracts

Samples: Indenture (Puget Sound Energy Inc), Puget Sound Energy Inc

Special Record Date. If and to the extent that the Company fails to make timely payment or provision for timely payment of interest on any series of Notes on an Interest Payment Date (other than on an Interest Payment Date that is a Maturity dateDate), that interest shall cease to be payable to the Persons who were the Noteholders of such series at the applicable Regular Record Date. In that event, when moneys become available for payment of the interest, the Trustee shall (a) establish a date of payment of such interest and a Special Record Date for the payment of that interest, which Special Record Date shall be not more than 15 or fewer than 10 days prior to the date of the proposed payment and (b) mail notice of the date of payment and of the Special Record Date not fewer than 10 days preceding the Special Record Date to each Noteholder of such series at the close of business on the 15th day preceding the mailing at the address of such Noteholder, as it appeared on the register for the Notes. On the day so established by the Trustee, Trustee the interest shall be payable to the Holders of the applicable Notes at the close of business on the Special Record Date.. 18

Appears in 1 contract

Samples: Indenture (Jersey Central Power & Light Co)

AutoNDA by SimpleDocs

Special Record Date. If and to the extent that the Company fails to make timely payment or provision for timely payment of interest on any series of Notes Securities (other than on an Interest Payment Date that is a Maturity maturity date), that interest shall cease to be payable to the Persons who were the Noteholders Security holders of such series at the applicable Regular Record Date. In that event, when moneys become available for payment of the interest, the Trustee shall (a) establish a date of payment of such interest and a Special Record Date for the payment of that interest, which Special Record Date shall be not more than 15 or fewer than 10 days prior to the date of the proposed payment and (b) mail notice of the date of payment and of the Special Record Date not fewer than 10 days preceding the Special Record Date to each Noteholder Security holder of such series at the close of business on the 15th day preceding the mailing at the address of such NoteholderSecurity holder, as it appeared on the register for the NotesSecurities. On the day so established by the Trustee, Trustee the interest shall be payable to the Holders of the applicable Notes Securities at the close of business on the Special Record Date.

Appears in 1 contract

Samples: Oge Energy Corp

Special Record Date. If and to the extent that the Company fails to make timely payment or provision for timely payment of interest on any series of Notes (other than on an Interest Payment Date that is a Maturity maturity date), that interest shall cease to be payable to the Persons who were the Noteholders of such series issue at the applicable Regular Record Date. In that event, when moneys become available for payment of the that interest, the Trustee shall (a) establish a date of payment of such interest and a Special Record Date for the payment of that interest, which Special Record Date shall be not more than 15 or fewer than 10 days prior to the date of the proposed payment and (b) mail notice of the date of payment and of the Special Record Date not fewer than 10 days preceding the Special Record Date to each Noteholder of such series issue at the close of business on the 15th day preceding the mailing at the address of such Noteholder, as it appeared appears on the register for the Notes. On the day so established by the Trustee, Trustee the interest shall be payable to the Holders of the applicable Notes at the close of business on the Special Record Date.

Appears in 1 contract

Samples: South Jersey Gas Co/New

Special Record Date. If and to the extent that the Company fails to make timely payment or provision for timely payment of interest on any series of Notes (other than on an Interest Payment Date that is a Maturity maturity date), that interest shall cease to be payable to the Persons who were the Noteholders of such series at the applicable Regular Record Date. In that event, when moneys become available for payment of the interest, the Trustee shall (a) establish a date of payment of such interest and a Special Record Date for the payment of that interest, which Special Record Date shall be not more than 15 or nor fewer than 10 days prior to the date of the proposed payment and (b) mail notice of the date of payment and of the Special Record Date not fewer than 10 days preceding the Special Record Date to each Noteholder of such series at the close of business on the 15th day preceding the mailing at the address of such Noteholder, as it appeared on the register for the Notes. On the day so established by the Trustee, Trustee the interest shall be payable to the Holders of the applicable Notes at the close of business on the Special Record Date.

Appears in 1 contract

Samples: Indenture (Oklahoma Gas & Electric Co)

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