Common use of PAYMENTS UNDER INDENTURE Clause in Contracts

PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder (and any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (and Owner) has directly received pursuant to Section 5.08 of the Indenture or Section 5.13 of this Declaration of Trust.

Appears in 4 contracts

Samples: Guaranty Capital Trust I, Highlands Capital Trust I, Resource Capital Trust I

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PAYMENTS UNDER INDENTURE. Any amount payable hereunder to any Holder (and any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (and Ownerany Owner with respect thereto) has directly received pursuant to Section 5.08 of the Indenture or Section 5.13 of this Declaration of TrustIndenture.

Appears in 4 contracts

Samples: Trust Agreement (Bancorpsouth Inc), Trust Agreement (Bancorpsouth Inc), Trust Agreement (Bancorpsouth Inc)

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PAYMENTS UNDER INDENTURE. Any amount payable hereunder to ------------------------ any Holder (and any Owner with respect thereto) shall be reduced by the amount of any corresponding payment such Holder (and Owner) has directly received pursuant to Section 5.08 of the Indenture or Section 5.13 of this Declaration of Trust.

Appears in 2 contracts

Samples: Commonwealth Bankshares Inc, Commonwealth Bankshares Inc

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