Common use of Notice of Extension Clause in Contracts

Notice of Extension. (a) If the Institutional Trustee is the only registered Holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 15 contracts

Samples: Indenture (NSP Financing Ii), Supplemental Indenture (Cendant Corp), Indenture (Owens Corning Capital Ii)

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Notice of Extension. (a) If the Institutional Trustee is the only registered Holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 11 contracts

Samples: Fourth Supplemental Indenture (Fleetboston Financial Corp), Indenture (Fleet Capital Trust I), Indenture (Fleet Financial Group Inc)

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder of the Debentures Notes at the time the Company selects Issuer elects an Extended Interest Payment Period, the Company Issuer shall give written notice to the Regular Trustees, the Institutional Property Trustee and the Trustee of its selection election of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the TrustSecurities, but in any event at least one Business Day before such record date.

Appears in 4 contracts

Samples: Indenture (CMS Energy Corp), Fourth Supplemental Indenture (CMS Energy Corp), Consumers Energy Co Financing Ii

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder of the Subordinated Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Property Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, date or the date such Distributions are payable, payable to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 3 contracts

Samples: Supplemental Indenture (Northwestern Capital Financing I), Fourth Supplemental Indenture (Northwestern Corp), Supplemental Indenture (Northwestern Corp)

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Property Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 3 contracts

Samples: Indenture (Oge Energy Capital Trust I), Oge Energy Capital Trust Ii, Oge Energy Capital Trust Ii

Notice of Extension. (a) If the Institutional Trustee is the only registered Holder of the Convertible Debentures at the time the Company selects an Extended Interest Payment Extension Period, the Company shall give written notice to the Regular Trustees, the Institutional Trustee and the Trustee of its selection of such Extended Interest Payment Extension Period at least one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is Regular Trustees are required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Convertible Preferred Securities issued by the Trust, but in any event at least one ten Business Day Days before such record date. The Company shall cause the Trust to give notice of the Company's selection of such Extension Period to holders of the Convertible Preferred Securities.

Appears in 2 contracts

Samples: Execution Copy (Viatel Inc), McKesson Corp

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder of the Debentures Notes at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Property Trustee, the Delaware Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (ia) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (iib) the date the Trust is required to give notice of the record date, date or the date such Distributions are payable, payable to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 2 contracts

Samples: First Supplemental Indenture (Reliastar Financing V), Reliastar Financing Ii

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Property Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 2 contracts

Samples: Allstate Corp, Allstate Financing Vi

Notice of Extension. (a) If the Institutional Trustee is the only registered Holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to the The New York Stock Exchange Exchange, Inc. (the "NYSE") or other applicable self-regulatory organization or to holders of the Preferred Capital Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 2 contracts

Samples: Indenture (Kaufman & Broad Home Corp), KBHC Financing I

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder of the Debentures at the time the Company selects Issuer elects an Extended Interest Payment Period, the Company Issuer shall give written notice to the Regular Trustees, the Institutional Property Trustee and the Trustee of its selection election of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the TrustSecurities, but in any event at least one Business Day before such record date.

Appears in 2 contracts

Samples: Supplemental Indenture (Puget Sound Energy Inc), First Supplemental Indenture (Laclede Capital Trust I)

Notice of Extension. (a) If the Institutional Trustee is the only registered Holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Capital Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 2 contracts

Samples: Supplemental Indenture (Fleet Financial Group Inc), Indenture (Fleet Financial Group Inc)

Notice of Extension. (a) If the Institutional Trustee is the only registered Holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust Regular Trustee is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 2 contracts

Samples: Hartford Life Capital Iii, Hartford Life Capital Ii

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder holder of the Debentures at the time the Company selects an Extended Interest Payment Extension Period, the Company shall give written notice to the Regular Administrative Trustees, the Institutional Property Trustee and the Trustee of its selection of such Extended Interest Payment Extension Period one two Business Day Days before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, ; or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to The Nasdaq Stock Market's National Market, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 1 contract

Samples: Stifel Financial Capital Trust

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder holder of the Debentures at the time the Company selects elects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Trustee Administrative Trustees and the Property Trustee of its selection election of such Extended Interest Payment Period at least one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or any other applicable self-regulatory organization or to holders of the Trust Preferred Securities issued by the TrustSecurities, but in any event at least one Business Day before such record date.

Appears in 1 contract

Samples: First Supplemental Indenture (WPSR Capital Trust I)

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder regis tered holder of the Subordinated Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to both the Regular Trustees, the Institutional Trustee Trustees and the Property Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions Distri butions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the payment date for such Distributions are payable, to the New York Stock Exchange or other applicable self-self- regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 1 contract

Samples: Supplemental Indenture (KCPL Financing Iii)

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder of the Subordinated Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Property Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (ia) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (iib) the date the Trust is required to give notice of the record date, date or the date such Distributions are payable, payable to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 1 contract

Samples: Pacific Telesis Financing Iii

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Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder holder of a series of the Debentures Debt Securities at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Administrative Trustees, the Institutional Property Trustee and the Trustee of its selection of such Extended Interest Payment Period one two Business Day Days before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, ; or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to the The New York Stock Exchange Exchange, Inc. or other applicable national exchange or self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 1 contract

Samples: Reinsurance Group of America Inc

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder of the Debentures Notes at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Property Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 1 contract

Samples: Nb Capital Trust I

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Property Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust Regular Trustee is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.applicable

Appears in 1 contract

Samples: Nationwide Financial Services Inc/

Notice of Extension. (a) 1. If the Institutional Trustee is the only registered Holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before on the earlier of (i) 10 Business Days prior to the next succeeding date on which Distributions on the Trust Capital Securities issued by the Trust are payable, or (ii) the date the Trust Regular Trustee is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Capital Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 1 contract

Samples: MCN Financing Iv

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder of the Subordinated Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Property Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (ia) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (iib) the date the Trust is required to give notice of the record date, date or the date such Distributions are payable, payable to the New York Stock Exchange or other applicable self-self- regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 1 contract

Samples: Pacific Telesis Financing Iii

Notice of Extension. (a) If the Institutional Trustee is the only registered Holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Capital Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 1 contract

Samples: First Supplemental Indenture (Ingersoll Rand Co)

Notice of Extension. (a) If the Institutional Trustee is the only registered Holder holder of the Debentures at the time the Company selects elects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustee, the Administrative Trustees, and the Institutional Trustee and the Trustee of its selection election of such Extended Interest Payment Period at least one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the TrustSecurities, but in any event at least one Business Day before such record date.

Appears in 1 contract

Samples: First Supplemental Indenture (Arvin Capital I)

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder of the Debentures Notes at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Property Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (ia) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (iib) the date the Trust is required to give notice of the record date, date or the date such Distributions are payable, payable to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the 10 14 Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 1 contract

Samples: First Supplemental Indenture (Southwest Gas Corp)

Notice of Extension. (a) If the Institutional Property Trustee is the only registered Holder holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Administrative Trustees, the Institutional Property Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before on the earlier of (i) ten days prior to the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is or the Administrative Trustees are required to give notice of the record date, or the payment date for such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Capital Securities issued by the Trust, but in any event at least one Business Day ten days before such record date.

Appears in 1 contract

Samples: Comed Financing Ii

Notice of Extension. (a) If the Institutional Trustee is the only registered Holder holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

Appears in 1 contract

Samples: Indenture (Countrywide Capital Ii)

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