Common use of Notice of Extension Clause in Contracts

Notice of Extension. (a) If the Property Trustee is the only registered Holder of the Notes at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to both the Regular 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 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 6 contracts

Samples: Eighth Supplemental Indenture (HSBC Finance Capital Trust IX), Third Supplemental Indenture (Household Capital Trust Iv), Sixth Supplemental Indenture (Household Capital Trust Vii)

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Notice of Extension. (a) If the Property Trustee is the only registered Holder holder of the Notes at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to both the Regular 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 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 5 contracts

Samples: Second Supplemental Indenture (Mediaone Finance Trust Ii), Third Supplemental Indenture (Us West Inc), Indenture (Mediaone Group Inc)

Notice of Extension. (a) If the Property Trustee is the only registered Holder of the Notes at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to both the Regular Trustees Trustees, the Property Trustee and the Property 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 or the date 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 5 contracts

Samples: Supplemental Indenture (Great Western Financial Trust I /De/), Supplemental Indenture (Great Western Financial Trust I /De/), Supplemental Indenture (Great Western Financial Trust I /De/)

Notice of Extension. (a) If the Property Trustee is the only registered Holder of the Notes Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to both the Regular Trustees Administrative Trustee, the Property Trustee 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 on the Trust Preferred 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 4 contracts

Samples: Public Service Co of Colorado, Baltimore Gas & Electric Co, Public Service Co of Colorado

Notice of Extension. (a) If the Property Trustee is the only registered Holder holder of the Notes Subordinated Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to both the Regular 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 on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record or payment date or the date for 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 4 contracts

Samples: First Supplemental Indenture (Telephone & Data Systems Inc), Indenture (Kansas City Power & Light Co), First Supplemental Indenture (Telephone & Data Systems Inc)

Notice of Extension. (a) If the Property Trustee is the only registered Holder sole holder of the Company Preferred Securities or the Notes at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to both the Regular Trustees Property Trustee 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 on the Trust Company Preferred Securities issued by the Trust LLC are payable, or (ii) the date the Trust Company 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 Trust 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 (Teco Energy Inc)

Notice of Extension. (a) If the Property Trustee is the only registered Holder holder of the Notes Debentures at the time the Company selects elects an Extended Interest Payment Period, the Company shall give written notice to both the Regular the 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 date, or the date such Distributions are payable 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: WPSR Capital Trust I

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Notice of Extension. (a) If the Property Trustee is the only registered Holder holder of the Notes Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to both the Regular Trustees Administrative Trustees, the Property Trustee and the Property 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 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: Ifc Capital Trust Vi

Notice of Extension. (a) If the Property Trustee is the only registered Holder of the Notes at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to both the Regular 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 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: Eighth Supplemental Indenture (HSBC Finance Capital Trust IX)

Notice of Extension. (a) If the Property Trustee is the only registered Holder sole holder of the Notes Company Preferred Securities at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to both the Regular Trustees Property Trustee 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 on the Trust Company Preferred Securities issued by the Trust LLC are payable, or (ii) the date the Trust Property Trustee 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 Trust 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 (Teco Capital Trust Iii)

Notice of Extension. (a) If the Property Trustee is the only registered Holder sole holder of the Notes Company Preferred Securities at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to both the Regular Trustees Property Trustee 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 on the Trust Company Preferred Securities issued by the Trust LLC are payable, or (ii) the date the Trust Company 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 Trust 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 (Teco Energy Inc)

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