Common use of PAYMENTS UNDER INDENTURE Clause in Contracts

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder of Preferred Trust Securities shall be reduced by the amount of any corresponding payment such Holder has directly received pursuant to Section 808 of the Subordinated Indenture.

Appears in 17 contracts

Samples: Trust Agreement (PPL Capital Funding Inc), Trust Agreement (American Electric Power Co Inc), Trust Agreement (Pp&l Capital Funding Trust I)

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