Common use of Payment of Securities Called for Redemption Clause in Contracts

Payment of Securities Called for Redemption. (a) If any notice of redemption has been given as provided in Section 11.5, the Securities or portion of Securities with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable Redemption Price. On presentation and surrender of such Securities at a Place of Payment specified in such notice, the Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable Redemption Price.

Appears in 10 contracts

Samples: Indenture (Deerfield Capital Corp.), Subordinated Indenture (Great Wolf Resorts, Inc.), Indenture (Lexington Realty Trust)

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Payment of Securities Called for Redemption. (a) If any notice of redemption has been given as provided in Section 11.511.04, the Securities or portion of Securities with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable Redemption Priceredemption price. On presentation and surrender of such Securities at a Place place of Payment specified payment in such noticesaid notice specified, the Securities said securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable Redemption Priceredemption price.

Appears in 4 contracts

Samples: Execution Copy (Bancorp Hawaii Capital Trust I), Usb Holding Co Inc, Usb Holding Co Inc

Payment of Securities Called for Redemption. (a) If any notice of redemption has been given as provided in Section 11.511.04, the Securities or portion of Securities with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable Redemption Price. On presentation and surrender of such Securities at a Place place of Payment specified payment in such noticenotice specified, the such Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable Redemption Price.

Appears in 3 contracts

Samples: Southern Financial Capital Trust I, Highlands Capital Trust I, Resource Capital Trust I

Payment of Securities Called for Redemption. (a) If any notice of redemption has been given as provided in Section 11.511.4, the Securities or portion of Securities with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable Redemption Price. On presentation and surrender of such Securities at a Place of Payment specified in such noticesaid notice specified, the Securities said securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable Redemption Price.the

Appears in 2 contracts

Samples: First Bank System Inc, First Bank System Inc

Payment of Securities Called for Redemption. (a) If any -------------------------------------------- notice of redemption has been given as provided in Section 11.511.04, the Securities or portion of Securities with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable Redemption Priceredemption price. On presentation and surrender of such Securities at a Place place of Payment specified payment in such noticesaid notice specified, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable Redemption Priceredemption price.

Appears in 1 contract

Samples: Central Fidelity Capital Trust I

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Payment of Securities Called for Redemption. (a) If any notice of redemption has been given as provided in Section 11.511.4, the Securities or portion of Securities with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable Redemption Price, together with accrued interest (including any Additional Interest) to the Redemption Date. On presentation and surrender of such Securities at a Place of Payment specified in such notice, the Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable Redemption Price.said notice specified,

Appears in 1 contract

Samples: Indenture (Everest Re Capital Trust Iii)

Payment of Securities Called for Redemption. (a) If any notice of redemption has been given as provided in Section 11.511.04, the Securities or portion of Securities with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable Redemption Priceredemption price. On presentation and surrender of such Securities at a Place place of Payment specified payment in such noticesaid notice specified, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable Redemption Priceredemption price.

Appears in 1 contract

Samples: Indenture (Bancorpsouth Inc)

Payment of Securities Called for Redemption. (a) If any notice ------------------------------------------- of redemption has been given as provided in Section 11.511.04, the Securities or portion of Securities with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable Redemption Price. On presentation and surrender of such Securities at a Place place of Payment specified payment in such noticenotice specified, the such Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable Redemption Price.

Appears in 1 contract

Samples: Commonwealth Bankshares Inc

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