Contract Adjustment Payments. (a) Contract Adjustment Payments shall accrue on each Forward Purchase Contract constituting a part of an Equity Unit or Stripped Unit at 3.50% per year of the Stated Amount of such Equity Unit or Stripped Unit, from June 11, 2002 through and including the Stock Purchase Date, provided that no Contract Adjustment Payment shall accrue after an Early Settlement or Merger
Appears in 2 contracts
Samples: Forward Purchase Contract Agreement (American Electric Power Co Inc), Forward Purchase Contract Agreement (American Electric Power Co Inc)
Contract Adjustment Payments. (a) Contract Adjustment Payments shall accrue on each Forward Purchase Contract constituting a part of an Equity Unit or Stripped Equity Unit at 3.50[ ]% per year of the Stated Amount of such Equity Unit Units or Stripped UnitEquity Units, from June 11[ ], 2002 through and including the Stock Purchase Date, provided that no Contract Adjustment Payment shall accrue after an Early Settlement or Merger
Appears in 1 contract
Samples: Forward Purchase Contract Agreement (Aep Capital Trust I)
Contract Adjustment Payments. (a) Contract Adjustment Payments shall accrue on each Forward Purchase Contract constituting a part of an Equity Unit or Stripped Unit at 3.50____% per year of the Stated Amount of such Equity Unit or Stripped Unit, from June 11, 2002 through and including the Stock Purchase Date, provided that no Contract Adjustment Payment shall accrue after an Early Settlement or Merger
Appears in 1 contract
Samples: Forward Purchase Contract Agreement (Aep Capital Trust Iii)
