Common use of Global Security Clause in Contracts

Global Security. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal of and premium, if any, on such Security shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security.

Appears in 17 contracts

Samples: Indenture (Citizens Banking Corp), Execution Copy (Bancorp Hawaii Capital Trust I), Indenture (Bankamerica Corp/De/)

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Global Security. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal of and premium, if any, on such Security shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security.

Appears in 6 contracts

Samples: Central Fidelity Capital Trust I, Guaranty Capital Trust I, Resource Capital Trust I

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