Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 151 contracts
Samples: Trust Agreement (Goldman Sachs Capital III), Trust Agreement (Susquehanna Bancshares Inc), Trust Agreement (Susquehanna Capital IV)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 88 contracts
Samples: Trust Agreement (Bb&t Corp), Trust Agreement (Schwab Charles Corp), Trust Agreement (Bb&t Corp)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day (except as otherwise provided and without any reduction of interest or any other payment in Sections 4.1(a) and 4.2(d)respect of any such acceleration), in each case with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
Appears in 48 contracts
Samples: Trust Agreement (Bridge Bancorp Inc), Trust Agreement (San Rafael Bancorp), Trust Agreement (Tompkins Financial Corp)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))Day, with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 42 contracts
Samples: Trust Agreement, Declaration of Trust (First Merchants Corp), Trust Agreement (Us Bancorp \De\)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 39 contracts
Samples: Trust Agreement (Aici Capital Trust), Trust Agreement (PNC Capital Trust F), Trust Agreement (Sterling Capital Trust I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a401(a) and 4.2(d402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
Appears in 27 contracts
Samples: Trust Agreement (Air T Inc), Trust Agreement (Air T Inc), Trust Agreement (Air T Funding)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided that, if such Business Day is in Sections 4.1(a) and 4.2(d))the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case, with the same force and effect as though made on the date fixed for such payment, and no Distributions or interest shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 19 contracts
Samples: Trust Agreement (SBCF Capital Trust IV), Trust Agreement (Auburn National Bancorporation Inc), Trust Agreement (Gainsco Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))Day, with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
Appears in 18 contracts
Samples: Trust Agreement (Ncbe Capital Trust I), Trust Agreement (FCNB Capital Trust), Trust Agreement (Century Bancorp Capital Trust)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))Day, with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 18 contracts
Samples: Trust Agreement (Bancfirst Corp /Ok/), Trust Agreement (Silicon Valley Bancshares), Trust Agreement (Silicon Valley Bancshares)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections Section 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 15 contracts
Samples: Trust Agreement (Dura Automotive Systems Inc), Trust Agreement (Newfield Financial Trust Ii), Trust Agreement (Newfield Exploration Co /De/)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))therein, with the same force and effect as though made on the date fixed for such payment), and no interest shall accrue accumulate thereon for the period after such datedate to the date of payment on such succeeding day.
Appears in 15 contracts
Samples: Trust Agreement (Southwest Gas Corp), Trust Agreement (Southwest Gas Corp), Trust Agreement (Public Service Enterprise Group Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections Section 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 11 contracts
Samples: Trust Agreement (Hartford Financial Services Group Inc/De), Trust Agreement (AmerUs Capital V), Trust Agreement (Chubb Capital Trust Iii)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(dSection 4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 9 contracts
Samples: Trust Agreement (Bancorpsouth Inc), Trust Agreement (Bancorpsouth Inc), Trust Agreement (Bancorpsouth Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), except that, if such Business Day is in the next succeeding calendar year, payment on any Trust Security shall be made on the immediately preceding Business Day, in each case, with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 8 contracts
Samples: Trust Agreement (American Safety Insurance Group LTD), Trust Agreement (First United Corp/Md/), Trust Agreement (American Bancshares Inc \Fl\)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a401(a) and 4.2(d402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distribution shall accrue accumulate thereon for the period after such date.
Appears in 8 contracts
Samples: Trust Agreement (VBC Capital I), Trust Agreement (Fw Capital I), Trust Agreement (VBC Capital I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be maybe made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 7 contracts
Samples: Expenses and Liabilities (Lincoln National Capital Vi), Trust Agreement (Sierra Pacific Resources Capital Trust Ii), Agreement (Liberty Financial Capital Trust Ii)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a4.01(a) and 4.2(d4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distribution shall accrue accumulate thereon for the period after such date.
Appears in 6 contracts
Samples: Trust Agreement (Union Bankshares Capital Trust I), Trust Agreement (BVBC Capital Trust I), Trust Agreement (Blue Valley Ban Corp)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections Section 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 6 contracts
Samples: Boise Cascade Corp, Trust Agreement (Big Flower Holdings Inc), Trust Agreement (Merry Land Capital Trust)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such datedate [insert alternative floating rate conversion, if applicable].
Appears in 6 contracts
Samples: Trust Agreement (Cna Financial Corp), Trust Agreement (Cna Financial Corp), Section Agreement (Cna Financial Corp)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
Appears in 5 contracts
Samples: Trust Agreement (Premier Bancshares Inc /Ga), Trust Agreement (Eagle Bancshares Inc), Trust Agreement (Sal Trust Preferred Fund I)
Payments Due on Non-Business Day. 56 52 If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 5 contracts
Samples: Trust Agreement (Mbna Capital V), Trust Agreement (Mbna Capital V), Trust Agreement (Mbna Capital V)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections Section 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 5 contracts
Samples: Trust Agreement (HPT Capital Trust I), Trust Agreement (SNH Nebraska Inc), Trust Agreement (SNH Nebraska Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))therein, with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 4 contracts
Samples: Agreement (Usf&g Corp), Agreement (Usf&g Corp), Trust Agreement (Usf&g Corp)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections Section 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 4 contracts
Samples: Trust Agreement (MRH Capital Trust I), Trust Agreement (Renaissancere Holdings LTD), Trust Agreement (MRH Capital Trust I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(dSection 402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 4 contracts
Samples: Trust Agreement (Great Plains Energy Inc), Trust Agreement (Union Electric Co), Trust Agreement (Union Electric Capital Trust I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a401(a) and 4.2(d402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date, if such payment is made in accordance with the provisions of this Section 1005.
Appears in 4 contracts
Samples: Trust Agreement (Southern Community Financial Corp), Trust Agreement (Southern Community Capital Trust I), Trust Agreement (Southern Community Financial Corp)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may way be made on an the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 3 contracts
Samples: Trust Agreement (Wec Capital Trust Ii), Trust Agreement (Onb Capital Trust Iv), Trust Agreement (Applied Power Capital Trust Ii)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in either case with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 3 contracts
Samples: Trust Agreement (S&t Bancorp Inc), Trust Agreement (S&t Bancorp Inc), Trust Agreement (M&t Bank Corp)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 3 contracts
Samples: Trust Agreement (Atlas Air Capital Iii), Trust Agreement (Atlas Air Capital Iii), Trust Agreement (Atlas Air Capital Iii)
Payments Due on Non-Business Day. If the date -------------------------------- fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and Section 4.2(d)), except that, if such Business Day is in the next succeeding calendar year, payment on any Trust Security shall be made on the immediately preceding Business Day, in each case, with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 3 contracts
Samples: Trust Agreement (Allegiant Bancorp Inc), Trust Agreement (Allegiant Capital Trust Ii), Trust Agreement (Allegiant Capital Trust I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Preferred Security shall be a day that is not a Business Day, then such payment need not be made on such date but may way be made on an the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(athis Trust Agreement) and 4.2(d)), 44 49 with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (Teco Capital Trust Iii), Trust Agreement (Teco Energy Inc)
Payments Due on Non-Business Day. If Except as provided in Section 4.01(a) hereof, if the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))therein, with the same force and effect as though made on the date fixed for such payment), and no interest shall accrue accumulate thereon for the period after such datedate to the date of payment on such succeeding day.
Appears in 2 contracts
Samples: Trust Agreement (Public Service Electric & Gas Co), Trust Agreement (Public Service Electric & Gas Co)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(aSection 4.01(a) and 4.2(d4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distribution shall accrue accumulate on such unpaid amount thereon for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (Vib Corp), Trust Agreement (Metlife Inc)
Payments Due on Non-Business Day. If the date fixed for any -------------------------------- payment on any Trust Security shall be is a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))Day, with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (DPL Inc), Trust Agreement (DPL Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(aSection 4.01(a) and 4.2(dSection 4.02(d))) unless such Business Day is in the next succeeding calendar year, payment will be made on the immediately preceding Business Day with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (PartnerRe Finance B LLC), Trust Agreement (PartnerRe Finance B LLC)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided and without any interest or other payment in Sections 4.1(a) and 4.2(d)respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payments shall be made on the immediately preceding Business Day, in each case with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (Public Service Electric & Gas Co), Trust Agreement (Public Service Enterprise Group Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections Section 4.1(a) and Section 4.2(d))) unless such Business Day is in the next succeeding calendar year, payment will be made on the immediately preceding Business Day with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (Partnerre LTD), Trust Agreement (Partnerre LTD)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)herein), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 2 contracts
Samples: Superior Trust I, Superior Trust I
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accumulate on such unpaid amount shall accrue thereon for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (Pennsylvania Power & Light Co /Pa), Trust Agreement (Pennsylvania Power & Light Co /Pa)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), except that,if such Business Day is in the next succeeding calendar year, payment on any Trust Security shall be made on the immediately preceding Business Day, in each case, with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (Sun Capital Trust Ii), Trust Agreement (First Star Capital Trust)
Payments Due on Non-Business Day. If the date fixed for any -------------------------------- payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day (except as otherwise provided and without any reduction of interest or any other payment in Sections 4.1(a) and 4.2(d)respect of any such acceleration), in each case with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (Abc Bancorp Capital Trust I), Trust Agreement (Abc Bancorp Capital Trust I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a401(a) and 4.2(d402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date, if such payment is made on such date.
Appears in 2 contracts
Samples: Trust Agreement (American Community Bancshares Inc), Trust Agreement (Carolina Bank Holdings Inc)
Payments Due on Non-Business Day. If Except as otherwise provided with respect to the Debentures of a particular series, if the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))Day, with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue accumulate thereon for the period after such datedate to the date of payment on such succeeding day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day.
Appears in 2 contracts
Samples: Trust Agreement (Public Service Electric & Gas Co), Trust Agreement (Pseg Funding Trust Ii)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))Day, with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.. TRUST AGREEMENT
Appears in 2 contracts
Samples: Trust Agreement (Goldman Sachs Group Inc), Trust Agreement (Goldman Sachs Group Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided that, if such Business Day is in Sections 4.1(a) and 4.2(d))the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case, with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (First Citizens Bancorporation Inc), Trust Agreement (First Citizens Bancshares Inc /De/)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))Day, with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and --------------- ------ effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a4.1(A) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be maybe made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day [(except as otherwise provided in Sections 4.1(a) and 4.2(d))], with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (SVB Capital I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue accumulate thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a4.l(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any and -------------------------------- payment on any Trust Security shall be a day that is not a Business Day, then such payment need 57 not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(dSection 4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Commonwealth Bankshares Inc
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may shall be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Caremark Rx Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day, except that, if such Business Day (except as otherwise provided is in Sections 4.1(a) and 4.2(d))the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Preferred Security shall be a day that is not a Business Day, then such payment need not be made on such date but may way be made on an the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(athis Trust Agreement) and 4.2(d)), 44 with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Teco Energy Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day, except that, if such Business Day is in the next -55- succeeding calendar year, such payment shall be made on the immediately preceding Business Day (except as otherwise provided and without any reduction of interest or any other payment in Sections 4.1(a) and 4.2(d)respect of any such acceleration), in each case with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (United Bancorporation of Alabama Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.. 57 52
Appears in 1 contract
Samples: Trust Agreement (Chase Capital Iii)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(aSection 4.01(a) and 4.2(d4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distribution shall accrue accumulate on such unpaid amount thereon for the period after such date. Section 10.07.
Appears in 1 contract
Samples: Trust Agreement (Amerus Capital I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(aSectionS 4.1(A) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any -------------------------------- payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that 76 which is a Business Day (except as otherwise provided in Sections Section 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day, except that, if such Business Day (except as otherwise provided is in Sections 4.1(a) and 4.2(d))the next succeeding calendar year, with the same force and effect as though such payment shall be made on the date fixed for such immediately preceding Business Day (and without any reduction of interest or any other payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.and
Appears in 1 contract
Samples: Trust Agreement (First Union Corp)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a52 401(a) and 4.2(d402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for -------------------------------- any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(aSection 4.01(a) and 4.2(d4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distribution shall accrue accumulate on such unpaid amount thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (PMC Capital I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust LLC Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Delphi Financial Group Inc/De
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date. SECTION 10.7.
Appears in 1 contract
Samples: Republic New York Capital Iv
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Preferred Security shall be a day that is not a Business Day, then such payment need not be made on such date but may way be made on an the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(athis Trust Agreement) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.as
Appears in 1 contract
Samples: Trust Agreement (Flagstar Trust)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d4.2(Debentures)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Provident Trust I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a401(a) and 4.2(d402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Nevada Power Co)
Payments Due on Non-Business Day. If the date fixed for -------------------------------- any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day (except as otherwise provided and without any reduction of interest or any other payment in Sections 4.1(a) and 4.2(d)respect of any such acceleration), in each case with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a3(a) and 4.2(d))4(d) of Annex I hereto, with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. 57- If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))Day, with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.. Trust Agreement
Appears in 1 contract
Samples: Trust Agreement (National City Preferred Capital Trust I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d4.2(e)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), and no Distributions shall accumulate on such unpaid amount for the period after such date, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as though if made on the date fixed for on which such payment, and no interest shall accrue thereon for the period after such datepayment was originally payable.
Appears in 1 contract
Samples: And (Equitable Resources Inc /Pa/)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Tower Automotive Inc
Payments Due on Non-Business Day. If the date fixed --------------------------------- for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day Day, except that if such Business day is in the next succeeding calendar year, payment of such Distributions shall be made on the immediately preceding Business Day, (except as otherwise provided in Sections 4.1(a) and 4.2(d))therein, with the same force and effect as though made on the date fixed for such payment), and no interest shall accrue accumulate thereon for the period after such datedate to the date of payment on such succeeding day.
Appears in 1 contract
Samples: Trust Agreement (SJG Capital Trust)
Payments Due on Non-Business Day. If the date fixed for --------------------------------- any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(aSection 4.1 (a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Alcoa Trust I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(dSection 4.01(a)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date. Section 10.06.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(aSection 4.1 (a) and 4.2(d)Section 4.2 (d), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Partnerre LTD)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and [^] [Section] 4.2(d)), except that,if such Business Day is in the next succeeding calendar year, payment on any Trust Security shall be made on the immediately preceding Business Day, in each case, with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any -------------------------------- payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(dSection 4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Commonwealth Bankshares Inc
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise -44- provided in Sections 4.1(a401(a) and 4.2(d402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Nevada Power Co)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Preferred Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(athis Trust Agreement) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Teco Energy Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(aSECTIONS 401(A) and 4.2(d402(D)), with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(aSection 4.01(a) and 4.2(d4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Amerus Capital I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(dSection 401(a)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections Section 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Metrocorp Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue accumulate thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Pmi Group Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be is a day that is not a Business Day, then such that payment need not be made on such that date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such that payment, and no interest Distributions shall accrue thereon accumulate on that unpaid amount for the period after such that date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(dSections_4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Diamond Foods Inc)
