Common use of CERTAIN LIMITATIONS ON REDEMPTION Clause in Contracts

CERTAIN LIMITATIONS ON REDEMPTION. (a) The Company may not redeem any Debentures unless all accrued and unpaid interest thereon (including, to the extent permitted by law, Compound Interest) has been or is contemporaneously paid (or duly provided for) for all quarterly interest payment periods terminating on or prior to the date of notice of redemption.

Appears in 4 contracts

Samples: Bay View Capital I, Bay View Capital I, Bay View Capital I

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