Notice of Deferral. The Company shall provide written notice to the Trustee and the Holders of the Debentures of its election to commence or continue any Deferral Period at least one Business Day and not more than sixty Business Days prior to the applicable Interest Payment Date. Notice of the Company’s election of a Deferral Period shall be given to the Trustee and each Holder of Debentures at such Holder’s address appearing in the Security Register by first-class mail, postage prepaid. Notwithstanding the foregoing, the failure of the Company to provide notice in accordance with this Section 2.05(c) of its election to commence or continue any Deferral Period, including any deemed election as provided in Section 2.05(a)(i), shall not affect the validity of such deferral hereunder.
Notice of Deferral. The Company shall give the Trustee written notice of its election to begin an Optional Deferral Period at least one Business Day before the Record Date for the next Interest Payment Date. The Trustee will forward any written notice that the Company gives of its election to begin an Optional Deferral Period to the holders of the Junior Subordinated Notes. However, the Company’s failure to pay interest on any Interest Payment Date will itself constitute the commencement of an Optional Deferral Period unless the Company pays such interest payment within five Business Days after the Interest Payment Date, whether or not the Company provides a notice of deferral.
Notice of Deferral. The Company shall give written notice of its election to commence or continue any Deferral Period to the Trustee and the Holders of the Debentures at least one Business Day and not more than 60 Business Days before the next Interest Payment Date. Such notice shall be given to the Trustee and each Holder of Debentures at such Holder’s address appearing in the Security Register by first-class mail, postage prepaid.
Notice of Deferral. The Corporation shall give written notice of its election to begin or extend any Deferral Period (i) if the Property Trustee is not the sole Holder or a Holder of the Junior Subordinated Debentures, to the Holders of the Junior Subordinated Debentures and the Trustee at least one Business Day prior to the next succeeding Interest Payment Date or (ii) if the Property Trustee is the sole Holder of the Junior Subordinated Debentures, to the Property Trustee, the Delaware Trustee and the Trustee at least one Business Day prior to the earlier of (A) the next Distribution Date or (B) the date the Property Trustee is required to give notice to holders of the Capital Securities of the record or payment date for such Distribution; provided that the Corporation is required to give the Holders of the Junior Subordinated Debentures notice of its election of such Deferral Period no more than 15 Business Days (or such other period as may be specified by the Federal Reserve) before the next Interest Payment Date.
Notice of Deferral. The Company will give written notice of its election to begin or extend any Deferral Period, (x) if the Property Trustee, on behalf of the Trust, is the sole Holder of the LoTSSM, to the Property Trustee at least five Business Days before the earlier of (A) the next succeeding date on which the distributions on the Trust Preferred Securities are payable and (B) the date the Property Trustee is required to give notice to holders of the Trust Preferred Securities of the record or payment date for the related distribution, or (y) if the Property Trustee, on behalf of the Trust, is not the sole Holder of the LoTSSM, to Holders of the LoTSSM and the Trustee at least five Business Days before the next Interest Payment Date. Notice of the Company’s election of a Deferral Period will be given by the Property Trustee by first-class mail, postage prepaid, mailed not less than three Business Days after the Property Trustee receives written notice from the Company to each holder of Trust Securities at such holder’s address appearing in the Security Register.
Notice of Deferral. The Charterer shall promptly notify the Company in accordance with Section 7.6 of its decision to exercise its right to defer payments under Section 3.1 and shall provide the Company with a certificate executed by the chief financial officer of the Charterer, setting forth in reasonable detail the basis for such deferral.
Notice of Deferral. 69 SECTION 13.3. Limitation of Transactions During Interest Payment Deferral Period...................70
Notice of Deferral. The Issuer shall give notice not less than five (5) nor more than thirty (30) Business Days' prior to an Interest Payment Date to the Noteholders in accordance with Condition 10 (Notices) and to the Fis cal Agent if that Interest Payment Date is a Mandatory Interest Deferral Date and specifying that in terest will not be paid because (a) a Capital Adequacy Event has occurred and is continuing or would occur or (b) the Issuer is not or would not be Solvent, if payment of interest was made on the next Interest Payment Date, provided that if the Mandatory Interest Deferral Event occurs less than five (5) Business Days prior to an Interest Payment Date, the Issuer shall give notice of such deferral to the Fiscal Agent and, in accordance with Condition 10 (Notices), the Noteholders as soon as practicable fo llowing the occurrence of such event and before such Mandatory Interest Deferral Date. Failure to give notice, however, shall not have any impact on the effectiveness of, or otherwise invalidate, any such deferral of payment of interest or give the Noteholders any rights as a result of such failure. So long as the Notes are listed on the Global Exchange Market of The Irish Stock Exchange plc trading as Euronext Dublin and the rules of such stock exchange so require, notice of any such deferral s hall also be given as soon as reasonably practicable to such stock exchange.
Notice of Deferral. (a) If the Property Trustee of an HCC Trust is the only Holder of Securities of a series at the time the Company defers an Interest Payment date with respect thereto, the Company shall give written notice to the Issuer Trustees of such HCC Trust and to the Trustee of such Interest Payment Deferral Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Capital Securities issued by such HCC Trust would be payable, if not for such Interest Payment Deferral Period, or (ii) the date such HCC Trust is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Capital Securities issued by such HCC Trust, but in any event at least one Business Day before such record date.
Notice of Deferral. The Corporation shall give the Holders and the Trustee written notice of its initiation of any Deferral Period, and any extensions thereof, at least 21 business days prior to the earlier of: (i) the next succeeding Interest Payment Date; or (ii) the date upon which the Corporation is required to give notice to any applicable regulatory body or to the Holders on the Interest Accrual Date or Interest Payment Date, in each case with respect to interest payments the payment of which is being deferred. Failure to give such notice shall not affect the validity of the initiation of any Deferral Period.
