Common use of Unmatured Coupons Clause in Contracts

Unmatured Coupons. Upon the due date for redemption of any Security, unmatured Coupons relating to such Security (whether or not attached) shall become void and no payment shall be made in respect of them. Where any Security is presented for redemption without all unmatured Coupons relating to it, redemption shall be made only against the provision of such indemnity as the Issuer and the Guarantor may require.

Appears in 8 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

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