Common use of or ..... Clause in Contracts

or ...... (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture]. The indebtedness evidenced by this Security is, to the extent provided in the Indenture, subordinate and subject in right of payment to the prior payment in full of all Senior Debt of the Company, and this Security is issued subject to the provisions of the Indenture with respect thereto. Each Holder of this Security, by accepting the same, (a) agrees to and shall be bound by such provisions, (b) authorizes and directs the Trustee on such Xxxxxx’s behalf to take such action as may be necessary or appropriate to effectuate the subordination so provided and (c) appoints the Trustee such Holder’s attorney-in-fact for any and all such purposes. [If the Securities are Floating or Adjustable Rate Securities with respect to which the principal of or any premium or interest may be determined with reference to an index, insert the text of the Floating or Adjustable Rate Provision.]

Appears in 2 contracts

Samples: Aetna Inc /Pa/, Aetna Inc /Pa/

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or ...... (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture]. The indebtedness evidenced If any deduction or withholding for any present or future taxes, assessments or other governmental charges of the jurisdiction (or any political subdivision or taxing authority thereof or therein) in which the Company is incorporated, shall at any time be required by this such jurisdiction (or any such political subdivision or taxing authority) in respect of any amounts to be paid by the Company of principal of or interest on a Security isof any series, then the Company will pay to the extent provided in the Indenture, subordinate and subject in right of payment to the prior payment in full of all Senior Debt of the Company, and this Security is issued subject to the provisions of the Indenture with respect thereto. Each Holder of this Security, by accepting the same, (a) agrees to and shall be bound by a Security of such provisions, (b) authorizes and directs the Trustee on series such Xxxxxx’s behalf to take such action additional amounts as may be necessary or appropriate in order that the net amounts paid to effectuate the subordination so provided and (c) appoints the Trustee such Holder’s attorney-in-fact for any and all Holder of such purposes. [If the Securities are Floating or Adjustable Rate Securities Security who, with respect to any such tax, assessment or other governmental charge, is not resident in such jurisdiction, after such deduction or withholding, shall be not less than the amounts specified in such Security to which such Holder is entitled; provided, however, that the principal Company shall not be required to make any payment of additional amounts (1) for or on account of any such tax, assessment or governmental charge imposed by the United States or any premium political subdivision or interest may be determined with reference to an index, insert the text of the Floating taxing authority thereof or Adjustable Rate Provision.]therein or (2) for or on account of:

Appears in 1 contract

Samples: Indenture (Bp PLC)

or ...... .. (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture]. The indebtedness evidenced by this Security is, to the extent provided in the Indenture, subordinate and subject in right of payment to the prior payment in full of all Senior Debt of the Company, and this Security is issued subject to the provisions of the Indenture with respect thereto. Each Holder of this Security, by accepting the same, (a) agrees to and shall be bound by such provisions, (b) authorizes and directs the Trustee on such Xxxxxx’s his behalf to take such action as may be necessary or appropriate to effectuate the subordination so provided and (c) appoints the Trustee such Holder’s his attorney-in-fact for any and all such purposes. [If the Securities are Floating or Adjustable Rate Securities with respect to which the principal of or any premium or interest may be determined with reference to an index, insert the text of the Floating or Adjustable Rate Provision.]] [If the Security is not to bear interest prior to Maturity, insert -- The principal of this Security shall not bear interest except in the case of a default in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue principal of this Security shall bear interest at the rate of ....% per annum (to the extent that the payment of such interest shall be legally enforceable), which shall accrue from the date of such default in payment

Appears in 1 contract

Samples: Aetna Capital Trust Iv

or ...... (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture]. [If the Security is not to bear interest prior to Maturity, insert -- The indebtedness evidenced by principal of this Security isshall not bear interest except in the case of a default in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue principal of this Security shall bear interest at the rate of % per annum (to the extent provided that the payment of such interest shall be legally enforceable), which shall accrue from the date of such default in the Indenture, subordinate and subject in right of payment to the prior date payment in full of all Senior Debt of the Company, and this Security is issued subject to the provisions of the Indenture with respect theretosuch principal has been made or duly provided for. Each Holder of this Security, by accepting the same, (a) agrees to and Interest on any overdue principal shall be bound by payable on demand. Any such provisions, (b) authorizes and directs the Trustee interest on such Xxxxxx’s behalf to take such action as may be necessary or appropriate to effectuate the subordination any overdue principal that is not so provided and (c) appoints the Trustee such Holder’s attorney-in-fact for any and all such purposes. [If the Securities are Floating or Adjustable Rate Securities with respect to which the principal of or any premium or paid on demand shall bear interest may be determined with reference to an index, insert the text of the Floating or Adjustable Rate Provision.]at

Appears in 1 contract

Samples: Indenture (Bp PLC)

or ...... (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture]. The indebtedness evidenced by this Security is, to the extent provided in the Indenture, subordinate and subject in right of payment to the prior payment in full of all Senior Debt of the Company, and this Security is issued subject to the provisions of the Indenture with respect thereto. Each Holder of this Security, by accepting the same, (a) agrees to and shall be bound by such provisions, (b) authorizes and directs the Trustee on such Xxxxxx’s Holder's behalf to take such action as may be necessary or appropriate to effectuate the subordination so provided and (c) appoints the Trustee such Holder’s 's attorney-in-fact for any and all such purposes. [If the Securities are Floating or Adjustable Rate Securities with respect to which the principal of or any premium or interest may be determined with reference to an index, insert the text of the Floating or Adjustable Rate Provision.]

Appears in 1 contract

Samples: Aetna Inc /Pa/

or ...... .. (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest Cash Interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture]. .] [If the Security is not to bear Cash Interest prior to Maturity, insert -- The indebtedness evidenced by Issue Price of this Security isshall not bear Cash Interest except in the case of a default in payment of the Issue Price plus Accrued Interest upon acceleration, upon redemption, upon repayment at the option of the Holder or at Stated Maturity and in such case the overdue Issue Price of and Accrued Interest on this Security shall bear interest at the rate of ....% per annum (to the extent provided that the payment of such interest shall be legally enforceable), which shall accrue from the date of such default in the Indenture, subordinate and subject in right of payment to the prior date payment in full of all Senior Debt such Issue Price plus Accrued Interest has been made or duly provided for. Interest on any overdue Issue Price plus Accrued Interest shall be payable on demand. [Any such interest on any overdue Issue Price plus Accrued Interest that is not paid on demand shall bear interest at the rate of ....% per annum (to the extent that the payment of such interest shall be legally enforceable), which shall accrue from the date of such demand for payment to the date payment of such interest has been made or duly provided for, and such interest shall also be payable on demand.]] Payment of the CompanyAmount Payable at Maturity, [Cash Interest] [and any other amounts due on, or in respect of, this Security Security][describe other amounts due] will be made at the office or agency of the Company maintained for that purpose in ............, in such coin or currency of the [United States of America] [other country] as at the time of payment is issued subject legal tender for payment of public and private debts [if other form of payment - insert description of form of payment] [if applicable, insert--; provided, however, that at the option of the Company payment of interest may be made (i) by check mailed to the provisions address of the Indenture with respect thereto. Each Holder of this SecurityPerson entitled thereto as such address shall appear in the Securities Register, or (ii) by accepting the same, (a) agrees wire transfer in immediately available funds at such place and to and shall be bound by such provisions, (b) authorizes and directs the Trustee on such Xxxxxx’s behalf to take such action account as may be necessary designated by the Person entitled thereto as specified in the Securities Register]. Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. [Insert a reference to any option of the Holders to require purchase or appropriate repayment by the Company.] [Insert a reference to effectuate any requirement for an adjustment to the subordination so provided and (c) appoints Cash Interest rate.] Unless the certificate of authentication hereon has been duly executed by the Trustee such Holder’s attorney-in-fact referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any and all such purposes. [If the Securities are Floating or Adjustable Rate Securities with respect to which the principal of or any premium or interest may be determined with reference to an index, insert the text of the Floating or Adjustable Rate Provisionpurpose.]

Appears in 1 contract

Samples: Inco LTD

or ...... ..... (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture]. The indebtedness evidenced by this Security is, to the extent provided in the Indenture, subordinate and subject in right of payment to the prior payment in full of all Senior Debt of the Company, and this Security is issued subject to the provisions of the Indenture with respect thereto. Each Holder of this Security, by accepting the same, (a) agrees to and shall be bound by such provisions, (b) authorizes and directs the Trustee on such Xxxxxx’s behalf to take such action as may be necessary or appropriate to effectuate the subordination so provided and (c) appoints the Trustee such Holder’s attorney-in-fact for any and all such purposes. [If the Securities are Floating Security is not to bear interest prior to Maturity, insert -- The principal of this Security shall not bear interest except in the case of a default in payment of principal upon acceleration, upon redemption or Adjustable Rate Securities with respect to which at Stated Maturity and in such case the overdue principal Payment of the principal of (and premium, if any) and [if applicable, insert -- any such] interest on this Security will be made at the office or any premium agency of the Company maintained for that purpose in ............, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts [if applicable, insert -- ; provided, however, that at the option of the Company payment of interest may be determined with reference made by check mailed to an index, insert the text address of the Floating Person entitled thereto as such address shall appear in the Security Register]. Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or Adjustable Rate Provisionbe valid or obligatory for any purpose.]

Appears in 1 contract

Samples: Dime Bancorp Inc

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or ...... .... (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture]. The indebtedness evidenced If any deduction or withholding for any present or future taxes, assessments or other governmental charges of the jurisdiction (or any political subdivision or taxing authority thereof or therein) in which the Company is incorporated, shall at any time be required by this such jurisdiction (or any such political subdivision or taxing authority) in respect of any amounts to be paid by the Company of principal of or interest on a Security isof any series, then the Company will pay to the extent provided in the Indenture, subordinate and subject in right of payment to the prior payment in full of all Senior Debt of the Company, and this Security is issued subject to the provisions of the Indenture with respect thereto. Each Holder of this Security, by accepting the same, (a) agrees to and shall be bound by a Security of such provisions, (b) authorizes and directs the Trustee on series such Xxxxxx’s behalf to take such action additional amounts as may be necessary or appropriate in order that the net amounts paid to effectuate the subordination so provided and (c) appoints the Trustee such Holder’s attorney-in-fact for any and all Holder of such purposes. [If the Securities are Floating or Adjustable Rate Securities Security who, with respect to any such tax, assessment or other governmental charge, is not resident in such jurisdiction, after such deduction or withholding, shall be not less than the amounts specified in such Security to which such Holder is entitled; provided, however, that the principal Company shall not be required to make any payment of additional amounts (1) for or on account of any such tax, assessment or governmental charge imposed by the United States or any premium political subdivision or interest may be determined with reference to an index, insert the text of the Floating taxing authority thereof or Adjustable Rate Provision.]therein or (2) for or on account of:

Appears in 1 contract

Samples: Indenture (Bp PLC)

or ...... (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture]. [If the Security is not to bear interest prior to Maturity, insert -- The indebtedness evidenced by principal of this Security isshall not bear interest except in the case of a default in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue principal of this Security shall bear interest at the rate of ....% per annum (to the extent provided that the payment of such interest shall be legally enforceable), which shall accrue from the date of such default in the Indenture, subordinate and subject in right of payment to the prior date payment in full of all Senior Debt of the Company, and this Security is issued subject to the provisions of the Indenture with respect theretosuch principal has been made or duly provided for. Each Holder of this Security, by accepting the same, (a) agrees to and Interest on any overdue principal shall be bound by payable on demand. Any such provisions, (b) authorizes and directs the Trustee interest on such Xxxxxx’s behalf to take such action as may be necessary or appropriate to effectuate the subordination any overdue principal that is not so provided and (c) appoints the Trustee such Holder’s attorney-in-fact for any and all such purposes. [If the Securities are Floating or Adjustable Rate Securities with respect to which the principal of or any premium or interest may be determined with reference to an index, insert the text of the Floating or Adjustable Rate Provision.]paid on

Appears in 1 contract

Samples: Precision Castparts Corp

or ...... ..... (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture]. [If the Security is not to bear interest prior to Maturity, insert -- The indebtedness evidenced by principal of this Security isshall not bear interest except in the case of a default in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue principal and any overdue premium shall bear interest at the rate of ....% per annum (to the extent provided in that the Indenture, subordinate and subject in right payment of payment to the prior payment in full of all Senior Debt of the Company, and this Security is issued subject to the provisions of the Indenture with respect thereto. Each Holder of this Security, by accepting the same, (a) agrees to and such interest shall be bound by legally enforceable), from the dates such provisions, (b) authorizes and directs amounts are due until they are paid or made available for payment. Interest on any overdue principal or premium shall be payable on demand. Any such interest on overdue principal or premium which is not paid on demand shall bear interest at the Trustee on such Xxxxxx’s behalf to take such action as may be necessary or appropriate to effectuate the subordination so provided and (c) appoints the Trustee such Holder’s attorney-in-fact for any and all such purposes. [If the Securities are Floating or Adjustable Rate Securities with respect to which rate of ......% Payment of the principal of (and premium, if any) and [if applicable, insert -- any such] interest on this Security will be made at the office or any premium agency of the Company maintained for that purpose in ............, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts; provided, however, that at the option of the Company payment of interest may be determined with reference made by check mailed to an index, insert the text address of the Floating Person entitled thereto as such address shall appear in the Security Register. Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Security shall not be entitled to any benefit under the Indenture or Adjustable Rate Provisionbe valid or obligatory for any purpose.]

Appears in 1 contract

Samples: Group 1 Realty Inc

or ...... .. (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture]. [If the Security is not to bear interest prior to Maturity, insert -- The indebtedness evidenced by principal of this Security isshall not bear interest except in the case of a default in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue principal and any overdue premium shall bear interest at the rate of ....% per annum (to the extent provided that the payment of such interest shall be legally enforceable), from the dates such amounts are due until they are paid or made available for payment. Interest on any overdue principal or premium shall be payable on demand. Payment of the principal of (and premium, if any) and [if applicable, insert -- any such] interest on this Security will be made at the office or agency of the Company maintained for that purpose in New York, New York, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts; provided, however, that at the option of the Company payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the IndentureSecurity Register and, subordinate and subject in right of payment to the prior payment in full of all Senior Debt of the Companyprovided, and further, that if this Security is issued subject a Global Security, payment may be made pursuant to the provisions Applicable Procedures of the Indenture with respect thereto. Each Holder of this Security, by accepting the same, (a) agrees to and shall be bound by such provisions, (b) authorizes and directs the Trustee on such Xxxxxx’s behalf to take such action Depositary as may be necessary or appropriate to effectuate the subordination so provided and (c) appoints the Trustee such Holder’s attorney-in-fact for any and all such purposes. [If the Securities are Floating or Adjustable Rate Securities with respect to which the principal of or any premium or interest may be determined with reference to an index, insert the text of the Floating or Adjustable Rate Provisionpermitted in said Indenture.]

Appears in 1 contract

Samples: Ubs Ag

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