Common use of Form and Payment Clause in Contracts

Form and Payment. Except as provided in Section 2.05, the Securities shall be issued in fully registered certificated form without interest coupons. Principal of and premium, if any, and interest on the Securities issued in certificated form will be payable, the transfer of such Securities will be registrable and such Securities will be exchangeable for Securities bearing identical terms and provisions at the office or agency of the Corporation maintained for such purpose under Section 3.02; provided, however, that payments of interest may be made at the option of the Corporation (i) by check mailed to the holder at such address as shall appear in the Security Register or (ii) by transfer to an account maintained by the Person entitled thereto, provided that proper transfer instructions have been received in writing by the relevant record date. Notwithstanding the foregoing, so long as the holder of any Securities is the Property Trustee, the payment of the principal of and premium, if any, and interest (including Compounded Interest and Additional Sums, if any) and Liquidated Damages, if any, on such Securities held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee.

Appears in 2 contracts

Samples: Indenture (Banknorth Capital Trust I), Indenture (Telebanc Capital Trust I)

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Form and Payment. Except as provided in Section 2.052.04, the Securities shall be issued in fully registered certificated form without interest coupons. Principal of and premium, if any, and interest on the Securities issued in certificated form will be payable, the transfer of such Securities will be registrable and such Securities will be exchangeable for Securities bearing identical terms and provisions provisions, at the office or agency of the Corporation maintained for such purpose under Section 3.02; provided, however, that payments of interest may be made at the option of the Corporation (i) by check mailed to the holder at such address as shall appear in the Security Register Register, or (ii) by transfer to an account maintained by the Person entitled thereto, provided that proper transfer instructions have been received in writing by the relevant record date. Notwithstanding the foregoing, so long as the holder of any Securities is the Property Trustee, the payment of the principal of and premium, if any, and interest (including Compounded Interest and Additional Sums, if any) and Liquidated Damages, if any, on such Securities held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee.

Appears in 2 contracts

Samples: Indenture (Hamilton Capital Trust I), Indenture (Hamilton Capital Trust I)

Form and Payment. Except as provided in Section 2.05, the Securities shall be issued in fully registered certificated form without interest coupons. Principal of and premium, if any, and interest on the Securities issued in certificated form will be payable, the transfer of such Securities will be registrable and such Securities will be exchangeable for Securities bearing identical terms and provisions at the office or agency of the Corporation maintained for such purpose under Section 3.02; providedPROVIDED, howeverHOWEVER, that payments of interest may be made at the option of the Corporation (i) by check mailed to the holder at such address as shall appear in the Security Register or (ii) by transfer to an account maintained by the Person entitled thereto, provided that proper transfer instructions have been received in writing by the relevant record date. Notwithstanding the foregoing, so long as the holder of any Securities is the Property Trustee, the payment of the principal of and premium, if any, and interest (including Compounded Interest and Additional Sums, if any) and Liquidated Damages, if any, on such Securities held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee.

Appears in 1 contract

Samples: Indenture (Reliance Capital Trust I)

Form and Payment. Except as provided in Section 2.05, the Securities shall be issued in fully registered certificated form without interest coupons. Principal of and premium, if any, and interest on the Securities issued in certificated form will be payable, the transfer of such Securities will be registrable and such Securities will be exchangeable for Securities bearing identical terms and provisions at the office or agency of the Corporation Company maintained for such purpose under Section 3.02; provided, however, that payments payment of interest with respect to Securities may be made at the option of the Corporation Company (i) by check mailed to the holder at such address as shall appear in the Security Register or (ii) by transfer to an account maintained by the Person entitled thereto, provided that proper transfer instructions have been received in writing by the relevant record date. Notwithstanding the foregoing, so long as the holder of any Securities is the Property Trustee, the payment of the principal of and premium, if any, and interest (including Compounded Interest and Additional Sums, if any) and Liquidated Damages, if any, on such Securities held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee.

Appears in 1 contract

Samples: Orion Capital Corp

Form and Payment. Except as provided in Section 2.052.04, the Securities shall be issued in fully registered certificated form without interest coupons. Principal of and premium, if any, and interest on the Securities issued in certificated form will be payable, the transfer of such Securities will be registrable and such Securities will be exchangeable for Securities bearing identical terms and provisions provisions, at the office or agency of the Corporation maintained for such purpose under Section 3.02; provided, however, that payments of interest may be made at the option of the Corporation (i) by check mailed to the holder at such address as shall appear in the Security Register Register, or (ii) by transfer to an account maintained by the Person entitled thereto, provided that proper transfer instructions have been received in writing by the relevant record date. Notwithstanding the foregoing, so long as the holder of any Securities is the Property Trustee, the payment of the principal of and premium, if any, and interest (including Compounded Interest and Additional Sums, if any) and Liquidated Damages, if any, on such Securities held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee.

Appears in 1 contract

Samples: Indenture (Haven Bancorp Inc)

Form and Payment. Except as provided in Section 2.05, the Securities shall be issued in fully registered certificated form without interest coupons. Principal of and premium, if any, and interest on the Securities issued in certificated form will be payable, the transfer of such Securities will be registrable and such Securities will be exchangeable for Securities bearing identical terms and provisions at the office or agency of the Corporation maintained for such purpose under Section 3.02Trustee; provided, however, that payments payment of interest with respect to Securities in global form may be made at the option of the Corporation Company (i) by check mailed to the holder at such address as shall appear in the Security Register or (ii) by transfer to an account maintained by the Person entitled thereto, provided that proper transfer instructions have been received in writing by the relevant record date. Notwithstanding the foregoing, so long as the holder of any Securities is the Property Trustee, the payment of the principal of and premium, if any, and interest (including Compounded Interest and Additional SumsInterest, if any) and Liquidated Damages, if any, on such Securities held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee.

Appears in 1 contract

Samples: Bankboston Capital Trust Iii

Form and Payment. Except as provided in Section 2.05, the Securities shall be issued in fully registered certificated form without interest coupons. Principal of and premium, if any, and interest on the Securities issued in certificated form will be payable, the transfer of such Securities will be registrable registerable and such Securities will be exchangeable for Securities bearing identical terms and provisions provisions, at the office or agency of the Corporation maintained for such purpose under Section 3.02; provided, however, that payments of interest may be made at the option of the Corporation Corporation: (i) by check mailed to the holder at such address as shall appear in the Security Register Register; or (ii) by transfer to an account maintained by the Person entitled thereto, provided that proper transfer instructions have been received in writing by the relevant record date. Notwithstanding the foregoing, so long as the holder of any Securities is the Property Trustee, the payment of the principal of and premium, if any, and interest (including Compounded Interest and Additional Sums, if any) and Liquidated Damages, if any, on such Securities held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee.

Appears in 1 contract

Samples: New York Community Bancorp Inc

Form and Payment. Except as provided in Section 2.05, the Securities shall be issued in fully registered certificated form without interest coupons. Principal of and premium, if any, and interest on the Securities issued in certificated form will be payable, the transfer of such Securities will be registrable and such Securities will be exchangeable for Securities bearing identical terms and provisions provisions, at the office or agency of the Corporation maintained for such purpose under Section 3.02; provided, however, that payments of interest may be made at the option of -------- ------- the Corporation (i) by check mailed to the holder at such address as shall appear in the Security Register Register, or (ii) by transfer to an account maintained by the Person entitled thereto, provided that proper transfer instructions have been received in writing by the relevant record date. Notwithstanding the foregoing, so long as the holder of any Securities is the Property Trustee, the payment of the principal of and premium, if any, and interest (including Compounded Interest and Additional Sums, if any) and Liquidated Damages, if any, on such Securities held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee.

Appears in 1 contract

Samples: Indenture (Greater Bay Bancorp)

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Form and Payment. Except as provided in Section 2.05, the The Securities shall be issued in fully registered certificated form without interest coupons. Principal of and premium, if any, and interest on the Securities issued in certificated form will be payable, the transfer of such Securities will be registrable and such Securities will be exchangeable for Securities bearing identical terms and provisions at the office or agency of the Corporation maintained for Trustee or at the office of such purpose under Section 3.02paying agent(s) as the Company may designate from time to time; provided, however, that payments payment of interest may be made at the option of the Corporation Company by (i) by check mailed to the holder at such address as shall appear in the Security Register or (ii) by transfer to an account maintained by the Person entitled thereto, provided that proper transfer instructions have been received in writing by the relevant record date. Notwithstanding the foregoing, so long as the holder of any Securities is the Property Trustee, the payment of the principal of and premium, if any, and interest (including Compounded Interest and Additional SumsInterest, if any) and Liquidated Damages, if any, on such Securities held by the Property Trustee will be made in immediately available funds at such place and to such account as may be designated by the Property Trustee.

Appears in 1 contract

Samples: Indenture (Madison Bancshares Group LTD)

Form and Payment. Except as provided in Section 2.052.04, the Securities shall be issued in fully registered certificated form without interest coupons. Principal of and premium, if any, and interest on the Securities issued in certificated form will be payable, the transfer of such Securities will be registrable and such Securities will be exchangeable for Securities bearing identical terms and provisions provisions, at the office or agency of the Corporation maintained for such purpose under Section 3.02; provided, -------- however, that payments of interest may be made at the option of the Corporation ------- (i) by check mailed to the holder at such address as shall appear in the Security Register Register, or (ii) by transfer to an account maintained by the Person entitled thereto, provided that proper transfer instructions have been received in writing by the relevant record date. Notwithstanding the foregoing, so long as the holder of any Securities is the Property Trustee, the payment of the principal of and premium, if any, and interest (including Compounded Interest and Additional Sums, if any) and Liquidated Damages, if any, on such Securities held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee.

Appears in 1 contract

Samples: Indenture (Westbank Capital Trust I)

Form and Payment. Except as provided in Section 2.05, the Securities shall be issued in fully registered certificated form without interest coupons. Principal of and premium, if any, and interest on the Securities issued in certificated form will be payable, the transfer of such Securities will be registrable and such Securities will be exchangeable for Securities bearing identical terms and provisions at the office or agency of the Corporation maintained for such purpose under Section 3.02Trustee; providedPROVIDED, howeverHOWEVER, that payments payment of interest with respect to Securities in global form may be made at the option of the Corporation Company (i) by check mailed to the holder at such address as shall appear in the Security Register or (ii) by transfer to an account maintained by the Person entitled thereto, provided that proper transfer instructions have been received in writing by the relevant record date. Notwithstanding the foregoing, so long as the holder of any Securities is the Property Trustee, the payment of the principal of and premium, if any, and interest (including Compounded Interest and Additional Sums, if any) and Liquidated Damages, if any, on such Securities held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee.

Appears in 1 contract

Samples: Indenture (Berkley W R Capital Trust)

Form and Payment. Except as provided in Section 2.05, the Securities shall be issued in fully registered certificated form without interest coupons. Principal of and of, premium, if any, and interest on the Securities issued in certificated form will be payable, the transfer of such Securities will be registrable and such Securities will be exchangeable for Securities bearing identical terms and provisions at the office or agency of the Corporation Company maintained for such purpose under Section 3.02; provided, however, that payments payment of interest with respect to the Securities may be made at the option of the Corporation Company (i) by check mailed to the holder at such address as shall appear in the Security Register or (ii) by transfer to an account maintained by the Person entitled thereto, provided that proper transfer instructions have been received in writing by the relevant record date. Notwithstanding the foregoing, so long as the holder of any Securities is the Property Trustee, the payment of the principal of and of, premium, if any, and interest (including Compounded Interest and Additional SumsInterest, if any) and Liquidated Damages, if any, on such Securities held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee.be

Appears in 1 contract

Samples: Indenture (Agl Resources Inc)

Form and Payment. Except as provided in Section 2.05, the Securities shall be issued in fully registered certificated form without interest coupons. Principal of and premium, if any, and interest on the Securities issued in certificated form will be payable, the transfer of such Securities will be registrable and such Securities will be exchangeable for Securities bearing identical terms and provisions at the office or agency of the Corporation maintained for such purpose under Section 3.02Trustee; provided, however, that payments payment of interest with respect to -------- ------- Securities in global form may be made at the option of the Corporation Company (i) by check mailed to the holder at such address as shall appear in the Security Register or (ii) by transfer to an account maintained by the Person entitled thereto, provided that proper transfer instructions have been received in writing by the relevant record date. Notwithstanding the foregoing, so long as the holder of any Securities is the Property Trustee, the payment of the principal of and premium, if any, and interest (including Compounded Interest and Additional SumsInterest, if any) and Liquidated Damages, if any, on such Securities held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee.

Appears in 1 contract

Samples: Indenture (Bank of Boston Corp)

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