Common use of Coupon Clause in Contracts

Coupon. A coupon of $[ ] per ELKS will be paid in cash on [ ], 2002 and a coupon of $[ ] per ELKS will be paid in cash on [ ], 2003. The [ ], 2002 coupon will be composed of $[ ] of interest and a partial payment of an option premium in the amount of $[ ]. The [ ], 2003 coupon will be composed of $[ ] of interest and a partial payment of an option premium in the amount of $[ ]. Coupon payments will be payable to the persons in whose names the ELKS are registered at the close of business on the Business Day preceding each Interest Payment Date. If an Interest Payment Date falls on a day that is not a Business Day, the coupon payment to be made on such Interest Payment Date will be made on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date, and no additional interest will accrue as a result of such delayed payment.

Appears in 8 contracts

Samples: Global Note (Salomon Smith Barney Holdings Inc), Indenture (Salomon Smith Barney Holdings Inc), Note Agreement (Salomon Smith Barney Holdings Inc)

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Coupon. A coupon of $[ ] per ELKS will be paid in cash on [ ], 2002 2001 and a coupon of $[ ] per ELKS will be paid in cash on [ ], 20032002. The [ ], 2002 2001 coupon will be composed of $[ ] of interest and a partial payment of an option premium in the amount of $[ ]. The [ ], 2003 2002 coupon will be composed of $[ ] of interest and a partial payment of an option premium in the amount of $[ ]. Coupon payments will be payable to the persons in whose names the ELKS are registered at the close of business on the Business Day preceding each Interest Payment Date. If an Interest Payment Date falls on a day that is not a Business Day, the coupon payment to be made on such Interest Payment Date will be made on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date, and no additional interest will accrue as a result of such delayed payment.

Appears in 3 contracts

Samples: Note (Salomon Smith Barney Holdings Inc), Note (Salomon Smith Barney Holdings Inc), Note Agreement (Salomon Smith Barney Holdings Inc)

Coupon. A coupon of $[ ] per ELKS will be paid in cash on [ ], 2002 2003 and a coupon of $[ ] per ELKS will be paid in cash on [ ], 2003. The [ ], 2002 2003 coupon will be composed of $[ ] of interest and a partial payment of an option premium in the amount of $[ ]. The [ ], 2003 coupon will be composed of $[ ] of interest and a partial payment of an option premium in the amount of $[ ]. Coupon payments will be payable to the persons in whose names the ELKS are registered at the close of business on the Business Day preceding each Interest Payment Date. If an Interest Payment Date falls on a day that is not a Business Day, the coupon payment to be made on such Interest Payment Date will be made on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date, and no additional interest will accrue as a result of such delayed payment.

Appears in 2 contracts

Samples: Indenture Note (Salomon Smith Barney Holdings Inc), Indenture Note (Salomon Smith Barney Holdings Inc)

Coupon. A coupon of $[ ] per ELKS will be paid in cash on [ ], 2002 and a coupon of $[ ] per ELKS will be paid in cash on January [ ], 2003. The [ ], 2002 coupon will be composed of $[ ] of interest and a partial payment of an option premium in the amount of $[ ]. The January [ ], 2003 coupon will be composed of $[ ] of interest and a partial payment of an option premium in the amount of $[ ]. Coupon payments will be payable to the persons in whose names the ELKS are registered at the close of business on the Business Day preceding each Interest Payment Date. If an Interest Payment Date falls on a day that is not a Business Day, the coupon payment to be made on such Interest Payment Date will be made on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date, and no additional interest will accrue as a result of such delayed payment.

Appears in 1 contract

Samples: Global Note (Salomon Smith Barney Holdings Inc)

Coupon. A coupon of $[ ] per ELKS will be paid in cash on [ ]April 2, 2002 and a coupon of $[ ] per ELKS will be paid in cash on [ ]October 2, 20032002. The [ ]April 2, 2002 coupon will be composed of $[ ] of interest and a partial payment of an option premium in the amount of $[ ]. The [ ], 2003 2002 coupon will be composed of $[ ] of interest and a partial payment of an option premium in the amount of $[ ]. Coupon payments will be payable to the persons in whose names the ELKS are registered at the close of business on the Business Day preceding each Interest Payment Date. If an Interest Payment Date falls on a day that is not a Business Day, the coupon payment to be made on such Interest Payment Date will be made on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date, and no additional interest will accrue as a result of such delayed payment.

Appears in 1 contract

Samples: Indenture Note (Salomon Smith Barney Holdings Inc)

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Coupon. A coupon of $[ ] per ELKS will be paid in cash on [ ], 2002 2006 and a coupon of $[ ] per ELKS will be paid in cash on [ ], 20032006. The [ ], 2002 2006 coupon will be composed of $[ ] of interest and a partial payment of an option premium in the amount of $[ ]. The [ ], 2003 2006 coupon will be composed of $[ ] of interest and a partial payment of an option premium in the amount of $[ ]. Coupon payments will be payable to the persons in whose names the ELKS are registered at the close of business on the third Business Day preceding each Interest Coupon Payment Date. If an Interest a Coupon Payment Date falls on a day that is not a Business Day, the coupon payment to be made on such Interest Coupon Payment Date will be made on the next succeeding Business Day with the same force and effect as if made on such Interest Coupon Payment Date, and no additional interest will accrue as a result of such delayed payment.

Appears in 1 contract

Samples: Global Note (Citigroup Funding Inc.)

Coupon. A coupon of $[ ] per ELKS will be paid in cash on [ ], 2002 ] and a coupon of $[ ] per ELKS will be paid in cash on [ ], 2003. The [ ], 2002 ] coupon will be composed of $[ ] of interest and a partial payment of an option premium in the amount of $[ ]. The [ ], 2003 ] coupon will be composed of $[ ] of interest and a partial payment of an option premium in the amount of $[ ]. Coupon payments will be payable to the persons in whose names the ELKS are registered at the close of business on the Business Day preceding each Interest Payment Date. If an Interest Payment Date falls on a day that is not a Business Day, the coupon payment to be made on such Interest Payment Date will be made on the next succeeding Business Day with the same force and effect as if made on such Interest Payment Date, and no additional interest will accrue as a result of such delayed payment.

Appears in 1 contract

Samples: Note Agreement (Salomon Smith Barney Holdings Inc)

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