Debentures Due on Retraction Date Sample Clauses

Debentures Due on Retraction Date. ‌ If notice shall have been given as aforesaid and if the Retraction Price shall have been duly deposited with the Trustee as provided in Section 5.5 hereof, but not otherwise, all of the Debentures so surrendered for redemption, shall thereupon be and become due and payable at the Retraction Price on the Retraction Date in the same manner and with the same effect as if such Retraction Date were the New Maturity Date, anything in such Debentures or herein to the contrary notwithstanding; and from and after such Retraction Date interest upon such Debentures shall cease to accrue unless the Retraction Price of such Debentures is not paid on the Retraction Date. If any question shall arise as to whether notice of retraction or deposit of the amount required to redeem such Debentures has been given or made as provided above, such question shall be decided by the Trustee, relying upon the advice of Counsel, whose decision shall be final and binding upon all parties in interest.
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