Common use of Debentures Payable on Redemption Date Clause in Contracts

Debentures Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Debentures so to be redeemed shall become, on the Redemption Date, due and payable at the Redemption Price therein specified, and on and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Debentures shall cease to bear interest. Upon surrender of any such Debenture for redemption in accordance with such notice, such Debenture shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date, exclusive of installments of interest whose Stated Maturity is on or prior to the Redemption Date, which shall be payable to the Holders of such Debentures, or one or more Predecessor Debentures, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307. If any Debenture called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate borne by the Debenture. END OF ARTICLE ELEVEN. This Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.

Appears in 2 contracts

Samples: Indenture (United Homes Inc), United Homes Inc

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Debentures Payable on Redemption Date. Notice Any required notice of redemption having been given as aforesaid, the all Debentures so to be redeemed shall becomeshall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and on from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Debentures (or any portion thereof which is optionally redeemed) shall cease to bear interest. Upon surrender of any such Debenture for redemption redemption, in accordance with such notice, such Debenture shall be paid by the Company at the Redemption Price; provided, together with accrued interest to the Redemption Datehowever, exclusive of that installments of interest whose Stated Maturity is on or prior to the Redemption Date, which Date shall be payable to the Holders of such Debentures, or one or more Predecessor Debentures, registered as such at the close of business on the relevant Record Dates record dates according to their terms and the provisions of Section 3072.15. If any Debenture called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate borne by prescribed therefor in the Debenture. END OF ARTICLE ELEVEN. This Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.

Appears in 2 contracts

Samples: Indenture (Berkshire Hathaway Energy Co), Indenture (Midamerican Energy Holdings Co /New/)

Debentures Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Debentures so to be redeemed shall become, on the Redemption Date, Date become due and payable at the Redemption Price therein specified, and on from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Debentures shall cease to bear interest. Upon surrender of any such Debenture for redemption in accordance with such noticesaid notice maturing after the Redemption Date, such Debenture shall be paid by the Company at the Redemption Price, Price together with accrued interest to the Redemption Date; provided, exclusive of however, that, unless otherwise specified as contemplated by Section 2.1, installments of interest on Debentures whose Stated Maturity is on or prior to the Redemption Date, which Date shall be payable to the Holders of such Debentures, Debentures or one or more Predecessor Debentures, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 3072.3. If any Debenture called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) any premium shall, until paid, bear interest from the Redemption Date at the rate borne by prescribed therefor in the Debenture. END OF ARTICLE ELEVEN. This Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.

Appears in 1 contract

Samples: K N Capital Trust Ii /De/

Debentures Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Debentures so to be redeemed shall become, on the Redemption Date, due and payable at the Redemption Price therein specified, and on and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Debentures shall cease to bear interest. Upon surrender of any such Debenture for redemption in accordance with such notice, such Debenture shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date, exclusive of installments of interest whose Stated Maturity is on or prior to the Redemption Date, which shall be payable to the Holders Debentureholders of such Debentures, or one or more Predecessor Debentures, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307. If any Debenture called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate borne by the Debenture. END OF ARTICLE ELEVEN. This Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.

Appears in 1 contract

Samples: Indenture (Paper Warehouse Inc)

Debentures Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Debentures so to be redeemed shall becomeshall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and on from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Debentures shall cease to bear interest. Upon surrender of any such Debenture for redemption in accordance with such said notice, such Debenture shall be paid by the Company at the Redemption Price; PROVIDED, together with accrued interest to the Redemption DateHOWEVER, exclusive of that installments of interest whose Stated Maturity is on or prior to the Redemption Date, which Date shall be payable to the Holders of such Debentures, or one or more Predecessor Debentures, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307215. If any Debenture called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate borne by prescribed therefor in the Debenture. END OF ARTICLE ELEVEN. This Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.

Appears in 1 contract

Samples: NVP Capital Iii

Debentures Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Debentures so to be redeemed shall becomeshall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and on from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Debentures shall cease to bear interest. Upon surrender of any such Debenture for redemption in accordance with such said notice, such Debenture shall be paid by the Company at the Redemption Price, together with accrued interest (including Additional Payments, if any) to the Redemption Date; provided, exclusive of however, that installments of interest whose Stated Maturity is on or prior to the Redemption Date, which Date shall be payable to the Holders of such Debentures, or one or more Predecessor Debentures, registered as such at the close of business on the relevant Record Dates according to their the terms and the provisions of Section 307. 52 If any Debenture called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate borne by the Debenture. END OF ARTICLE ELEVENSECTION 1108. This Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument[THIS SECTION INTENTIONALLY OMITTED.]

Appears in 1 contract

Samples: American Equity Investment Life Holding Co

Debentures Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Debentures so to be redeemed shall becomeshall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and on from and after such date (unless the Company shall default in the payment of the Redemption Price and any applicable accrued interest) such Debentures or portions of them called for redemption shall cease to not bear interest. Upon surrender of any such Debenture for redemption in accordance with such said notice, such Debenture shall be paid by the Company at the Redemption Price, together with any applicable accrued interest to the Redemption Date; PROVIDED, exclusive of HOWEVER, that installments of interest whose Stated Maturity Interest Payment Date is on or prior to the Redemption Date, which Date shall be payable to the Holders of such Debentures, or one or more Predecessor Debentures, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307. 109 If any Debenture called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and Accreted Value(and premium, if any) shall, until paid, bear interest interest, if any, from the Redemption Date at the rate borne provided by the Debenture. END OF ARTICLE ELEVEN. This Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.

Appears in 1 contract

Samples: Indenture (Oci Holdings Inc)

Debentures Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Debentures so to be redeemed shall become, on the Redemption Date, Date become due and payable at the Redemption Price therein specified, and on from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Debentures shall cease to bear interest. Upon surrender of any such Debenture for redemption in accordance with such noticesaid notice maturing after the Redemption Date, such Debenture shall be paid by the Company at the Redemption Price, Price together with accrued interest to the Redemption Date; PROVIDED, exclusive of that, unless otherwise specified as contemplated by Section 2.01, installments of interest on Registered Debentures whose Stated Maturity is on or prior to the Redemption Date, which Date shall be payable to the Holders of such Debentures, Debentures or one or more Predecessor Debentures, registered as such at the close of business on the relevant Record Dates record dates according to their terms and the provisions of Section 3072.03. If any Debenture called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) any premium shall, until paid, bear interest from the Redemption Date at the rate borne by prescribed therefor in the Debenture. END OF ARTICLE ELEVEN. This Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.

Appears in 1 contract

Samples: Lodgian Inc

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Debentures Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Debentures so to be redeemed shall becomeshall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and on from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interestand unpaid interest (including Additional Payments, if any)) such Debentures shall cease to bear interest. Upon surrender of any such Debenture for redemption in accordance with such said notice, such Debenture shall be paid by the Company at the Redemption Price, together with accrued and unpaid interest (including Additional Payments, if any) to the Redemption Date; provided, exclusive of installments however, that instalments of interest whose Stated Maturity is on or prior to the Redemption Date, which Date shall be payable to the Holders of such Debentures, or one or more Predecessor Debentures, registered as such at the close of business (New York City time) on the relevant Record Dates according to their the terms and the provisions of Section 3073.07. If any Debenture called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate borne by the Debenture. END OF ARTICLE ELEVEN. This Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.

Appears in 1 contract

Samples: Purchase Agreement (Titanium Metals Corp)

Debentures Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Debentures so to be redeemed shall becomeshall, on the Redemption Date, come due and payable at the Redemption Price therein specified, and on from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Debentures shall cease to bear interest. Upon surrender of any such Debenture for redemption in accordance with such said notice, such Debenture shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date; PROVIDED, exclusive of HOWEVER, that installments of interest whose Stated Maturity is on or prior to the a Redemption Date, Date which is a regular Interest Payment Date shall be payable to the Holders of such Debentures, or one or more Predecessor Debentures, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 3073.7. If any Debenture called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate borne by the Debenture. END OF ARTICLE ELEVEN. This Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.

Appears in 1 contract

Samples: Indenture (Gentiva Health Services Inc)

Debentures Payable on Redemption Date. Notice of -------------------------------------- redemption having been given as aforesaid, the Debentures so to be redeemed shall becomeshall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and on from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Debentures shall cease to bear interest. Upon surrender of any such Debenture for redemption in accordance with such said notice, such Debenture shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date; provided, exclusive of however, that installments of interest whose Stated -------- ------- Maturity is on or prior to the Redemption Date, which Date shall be payable to the Holders of such Debentures, or one or more Predecessor Debentures, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 3073.07. If any Debenture called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate borne by the Debenture. END OF ARTICLE ELEVEN. This Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.

Appears in 1 contract

Samples: Alpha Technologies Group Inc

Debentures Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Debentures so to be redeemed shall becomeshall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and on from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued and unpaid interest) such Debentures shall cease to bear interest. Upon surrender of any such Debenture for redemption in accordance with such said notice, such Debenture shall be paid by the Company at the Redemption Price, together with accrued and unpaid interest to the Redemption Date; PROVIDED, exclusive of HOWEVER, that installments of interest whose Stated Maturity is on or prior to the Redemption Date, which Date shall be payable to the Holders of such Debentures, or one or more Predecessor Debentures, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307. If any Debenture called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate borne by prescribed therefor in the Debenture. END OF ARTICLE ELEVEN. This Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.

Appears in 1 contract

Samples: Utilicorp United Inc

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