Common use of Coupon Clause in Contracts

Coupon. A coupon of $[ • ] per ELKS will be paid in cash on [ • ], 2006 and a coupon of $[ • ] per ELKS will be paid in cash on [ • ], 2006. The [ • ], 2006 coupon will be composed of $[ • ] of interest and a partial payment of an option premium in the amount of $[ • ]. The [ • ], 2006 coupon will be composed of $[ • ] of interest and a partial payment of an option premium in the amount of $[ • ]. Coupon payments will be payable to the persons in whose names the ELKS are registered at the close of business on the fifth Business Day preceding each Coupon Payment Date. If a Coupon Payment Date falls on a day that is not a Business Day, the coupon payment to be made on such Coupon Payment Date will be made on the next succeeding Business Day with the same force and effect as if made on such Coupon Payment Date, and no additional interest will accrue as a result of such delayed payment.

Appears in 1 contract

Samples: Citigroup Funding Inc.

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Coupon. A coupon of $[ l ] per ELKS will be paid in cash on [ l ], 2006 2005 and a coupon of $[ l ] per ELKS will be paid in cash on [ l ], 2006. The [ • [l], 2006 2005 coupon will be composed of $[ l ] of interest and a partial payment of an option premium in the amount of $[ l ]. The [ l ], 2006 coupon will be composed of $[ l ] of interest and a partial payment of an option premium in the amount of $[ l ]. Coupon payments will be payable to the persons in whose names the ELKS are registered at the close of business on the fifth Business Day preceding each Coupon Payment Date. If a Coupon Payment Date falls on a day that is not a Business Day, the coupon payment to be made on such Coupon Payment Date will be made on the next succeeding Business Day with the same force and effect as if made on such Coupon Payment Date, and no additional interest will accrue as a result of such delayed payment.

Appears in 1 contract

Samples: Citigroup Inc

Coupon. A coupon of $[ • [•] per ELKS will be paid in cash on [ • [•], 2006 and a coupon of $[ • [•] per ELKS will be paid in cash on [ • [•], 2006. The [ • [•], 2006 coupon will be composed of $[ • [•] of interest and a partial payment of an option premium in the amount of $[ • [•]. The [ • [•], 2006 coupon will be composed of $[ • [•] of interest and a partial payment of an option premium in the amount of $[ • [•]. Coupon payments will be payable to the persons in whose names the ELKS are registered at the close of business on the fifth Business Day preceding each Coupon Payment Date. If a Coupon Payment Date falls on a day that is not a Business Day, the coupon payment to be made on such Coupon Payment Date will be made on the next succeeding Business Day with the same force and effect as if made on such Coupon Payment Date, and no additional interest will accrue as a result of such delayed payment.

Appears in 1 contract

Samples: Citigroup Inc

Coupon. A coupon of $[ • ] per ELKS will be paid in cash on [ • ], 2006 and a coupon of $[ • ] per ELKS will be paid in cash on [ • ], 2006. The [ • ], 2006 coupon will be composed of $[ • ] of interest and a partial payment of an option premium in the amount of $[ • ]. The [ • ], 2006 coupon will be composed of $[ • ] of interest and a partial payment of an option premium in the amount of $[ • ]. Coupon payments will be payable to the persons in whose names the ELKS are registered at the close of business on the fifth Business Day preceding each Coupon Payment Date. If a Coupon Payment Date falls on a day that is not a Business Day, the coupon payment to be made on such Coupon Payment Date will be made on the next succeeding Business Day with the same force and effect as if made on such Coupon Payment Date, and no additional interest will accrue as a result of such delayed payment.

Appears in 1 contract

Samples: Citigroup Funding Inc.

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Coupon. A coupon of $[ • ] per ELKS will be paid in cash on [ • ], 2006 2005 and a coupon of $[ • ] per ELKS will be paid in cash on [ • ], 2006. The [ • ], 2006 2005 coupon will be composed of $[ • ] of interest and a partial payment of an option premium in the amount of $[ • ]. The [ • ], 2006 coupon will be composed of $[ • ] of interest and a partial payment of an option premium in the amount of $[ • ]. Coupon payments will be payable to the persons in whose names the ELKS are registered at the close of business on the fifth Business Day preceding each Coupon Payment Date. If a Coupon Payment Date falls on a day that is not a Business Day, the coupon payment to be made on such Coupon Payment Date will be made on the next succeeding Business Day with the same force and effect as if made on such Coupon Payment Date, and no additional interest will accrue as a result of such delayed payment.

Appears in 1 contract

Samples: Citigroup Global Markets Holdings Inc

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