Common use of Defaulted Interest Clause in Contracts

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 92 contracts

Samples: Indenture (Murphy USA Inc.), Indenture (Murphy USA Inc.), Indenture (Murphy USA Inc.)

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Defaulted Interest. If the Company defaults in a payment of interest on the a Series of Securities, the Company it shall pay the defaulted interest (plus interest on such defaulted interest interest, plus, to the extent lawful) in permitted by law, any lawful manner. The Company may pay interest payable on the defaulted interest interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix or cause to be fixed any such special the record date and payment date date. At least 30 days before the record date, the Company shall mail to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.

Appears in 80 contracts

Samples: Indenture (China Natural Resources Inc), Indenture (Spectrum Pharmaceuticals Inc), Indenture (GTT Communications, Inc.)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 29 contracts

Samples: Indenture (NCR Corp), Indenture (NCR Corp), Indenture (NCR Corp)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 27 contracts

Samples: Indenture (Chesapeake Energy Corp), Indenture (Chesapeake Royalty LLC), Indenture (Chesapeake Energy Corp)

Defaulted Interest. If the Company defaults in a payment of interest on the a Series of Securities, the Company it shall pay the defaulted interest (plus interest on such defaulted interest interest, plus, to the extent lawful) in permitted by law, any lawful manner. The Company may pay interest payable on the defaulted interest interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix or cause to be fixed any such special the record date and payment date date. At least 10 days before the record date, the Company shall mail to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.

Appears in 19 contracts

Samples: Subordinated Indenture (Mercantile Bank Corp), Subordinated Debt Securities Indenture (First Guaranty Bancshares, Inc.), Indenture (First Guaranty Bancshares, Inc.)

Defaulted Interest. If the Company defaults in a payment of interest on the a Series of Securities, the Company it shall pay the defaulted interest (plus interest on such defaulted interest interest, plus, to the extent lawful) in permitted by law, any lawful manner. The Company may pay interest payable on the defaulted interest interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix or cause to be fixed any such special the record date and payment date date. At least 10 days before the special record date, the Company shall send to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.

Appears in 15 contracts

Samples: Indenture (Palantir Technologies Inc.), Indenture (Smart Sand, Inc.), Indenture (Precision Biosciences Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 14 contracts

Samples: Indenture (US Oncology Holdings, Inc.), Indenture (Core Mark International Inc), Second Supplemental Indenture (Sovereign Bancorp Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 13 contracts

Samples: Indenture (Credit Acceptance Corp), Indenture (Credit Acceptance Corp), Indenture (Credit Acceptance Corp)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company it shall pay the defaulted interest (plus any interest payable on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special the record date and payment date to date. At least 10 days before the reasonable satisfaction of record date, the Trustee and Company shall promptly mail to each Securityholder a notice that states the special record date, the payment date date, and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.

Appears in 12 contracts

Samples: Indenture (Leucadia National Corp), Indenture (Leucadia National Corp), Indenture (Leucadia National Corp)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall pay the defaulted interest then borne by the Notes (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail deliver or cause to be delivered to each Securityholder affected holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 9 contracts

Samples: Indenture (XPO, Inc.), Indenture (XPO, Inc.), Indenture (XPO, Inc.)

Defaulted Interest. If the Company defaults in a ------------------ payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 8 contracts

Samples: Indenture (Blum Capital Partners Lp), Indenture (Cbre Holding Inc), Indenture (Morrison Knudsen Corp//)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 8 contracts

Samples: Indenture (William Lyon Homes), Indenture (William Lyon Homes), Indenture (William Lyon Homes)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders on a subsequent special record datedate as provided in the Securities and in Section 4.01 hereof. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail send to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 7 contracts

Samples: Indenture (Denbury Resources Inc), Indenture (Denbury Resources Inc), Indenture (Denbury Resources Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest then borne by the Securities (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder affected Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 7 contracts

Samples: Indenture (Covalence Specialty Adhesives LLC), Indenture (Goodman Holding CO), Indenture (Rexnord Corp)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 7 contracts

Samples: Indenture (Splitrock Services Inc), Indenture (Kelley Operating Co LTD), Indenture (Imperial Home Decor Group Holdings I LTD)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 7 contracts

Samples: Indenture (U.S. Concrete, Inc.), Indenture (New Home Co Inc.), Indenture (Us Concrete Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest at the rate per annum shown on the Security (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail deliver or cause to be delivered to each affected Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 7 contracts

Samples: Indenture (CBL & Associates Limited Partnership), Indenture (CBL & Associates Limited Partnership), Indenture (CBL & Associates Limited Partnership)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company it shall pay the defaulted interest (plus interest on such defaulted interest in any lawful manner plus, to the extent lawful) in any lawful manner. The Company may pay , interest payable on the defaulted interest interest, to the persons who are Securityholders Holders on a subsequent special record date, in each case at the rate provided in the Notes and in Section 4.01 hereof. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 6 contracts

Samples: Securities Purchase Agreement, Indenture, Indenture (Comstock Oil & Gas, LP)

Defaulted Interest. If and to the extent the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 6 contracts

Samples: Senior Deferred Interest Notes Indenture (Winstar Communications Inc), Guaranteed Senior Secured Notes Indenture (Winstar Communications Inc), Indenture (Winstar Communications Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Noteholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 6 contracts

Samples: Indenture (Tempur Sealy International, Inc.), Indenture (Tempur Sealy International, Inc.), Indenture

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall will pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall will fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee Trustees and shall promptly mail or cause to be mailed to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 5 contracts

Samples: Indenture (Open Text Corp), Indenture (Open Text Corp), Indenture (Open Text Corp)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful mannermanner in accordance with Section 4.1. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 5 contracts

Samples: Indenture (Hollywood Entertainment Corp), Indenture (Oxford Automotive Inc), Indenture (MSX International Business Services Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) at the rate borne by the Securities in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 5 contracts

Samples: Indenture (Chesapeake Louisiana Lp), Indenture (Chesapeake Operating Inc), Indenture (Chesapeake Energy Corp)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall will pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall will fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or send or cause to be mailed or sent to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 5 contracts

Samples: Indenture (MSCI Inc.), Indenture (MSCI Inc.), Indenture (MSCI Inc.)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders on a subsequent special record datedate as provided in the Securities and in Section 4.01 hereof. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 5 contracts

Samples: Indenture (Denbury Resources Inc), Indenture (CONSOL Energy Inc), Indenture (CONSOL Energy Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest then borne by the Securities (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail deliver or cause to be delivered to each Securityholder affected Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 5 contracts

Samples: Indenture (MPM Silicones, LLC), Indenture (MPM Silicones, LLC), Indenture (Momentive Performance Materials Inc.)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall will pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall will fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 4 contracts

Samples: Indenture (MSCI Inc.), Indenture (MSCI Inc.), Indenture (MSCI Inc.)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest then borne by the Securities (plus interest on such defaulted interest to the extent lawful) ), in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder affected Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 4 contracts

Samples: Indenture (Phoenix Consulting Group, LLC), Indenture (Freedom Group, Inc.), Indenture (Nalco Holding CO)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 4 contracts

Samples: Indenture (Cincinnati Bell Inc), Indenture (American Media Operations Inc), Indenture (Berry Plastics Corp)

Defaulted Interest. If the Company defaults in a ------------------- payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 4 contracts

Samples: Indenture (Glenoit Asset Corp), Indenture (Nabco Inc /Mi/), Indenture (21st Century Telecom Group Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company it shall pay the defaulted interest (plus interest on such defaulted interest in any lawful manner plus, to the extent lawful) in any lawful manner. The Company may pay , interest payable on the defaulted interest interest, to the persons who are Securityholders on a subsequent special record date, in each case at the rate provided in the Securities and in Section 9.1 hereof. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 4 contracts

Samples: Indenture (Comstock Oil & Gas GP, LLC), Indenture (Comstock Resources Inc), Indenture (Comstock Resources Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesDebentures, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 3 contracts

Samples: Convertible Senior Debentures (Tower Automotive Inc), Indenture (Graftech International LTD), Indenture (Millennium Chemicals Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Noteholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 3 contracts

Samples: Indenture (Magellan Health Services Inc), Indenture (Magellan Health Services Inc), Indenture (Magellan Health Services Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Holders of Securities on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail send to each Securityholder Holder of Securities a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 3 contracts

Samples: Indenture (Transocean Ltd.), Indenture (Transocean Ltd.), Indenture (Transocean Ltd.)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 3 contracts

Samples: Indenture (Rite Aid Corp), Indenture (Rite Aid Corp), Indenture (Energy Corp of America)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on with respect to such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 3 contracts

Samples: Indenture Agreement (PJC Manchester Realty LLC), Indenture (PJC Manchester Realty LLC), Indenture (Rite Aid Corp)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company it shall pay the defaulted interest (plus interest on such defaulted interest in any lawful manner plus, to the extent lawful) in any lawful manner. The Company may pay , interest payable on the defaulted interest interest, to the persons who are Securityholders Holders on a subsequent special record date, in each case at the rate provided in the applicable Notes and in Section 4.01 hereof. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 3 contracts

Samples: Supplemental Indenture, Securities Purchase Agreement, Indenture

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful mannermanner at the rate provided in the Notes. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 3 contracts

Samples: Indenture (Sanchez Energy Corp), Indenture (Mig, Inc.), Indenture (Aventine Renewable Energy Holdings Inc)

Defaulted Interest. If the Company defaults in a ------------------- payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 3 contracts

Samples: Indenture (Kansas City Southern Industries Inc), Indenture (Commercial Aggregates Transportation & Sales LLC), Indenture (Advance Auto Parts Inc)

Defaulted Interest. If the Company defaults in a payment of interest or Special Interest, if any, on the SecuritiesNotes, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 3 contracts

Samples: Indenture (Broadwing Inc), Indenture (Broadwing Communications Inc), Indenture (Veterinary Centers of America Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Fairpoint Communications Inc), Indenture (Fairpoint Communications Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Noteholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Integrated Alarm Services Group Inc), Indenture (Protection One Alarm Monitoring Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall mail promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Denbury Management Inc), Indenture (Denbury Resources Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall will pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall will fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail send or cause to be sent to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Verisign Inc/Ca), Indenture (Verisign Inc/Ca)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest at the rate per annum shown on the Security (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail send to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Petroquest Energy Inc), Indenture (PetroQuest Energy, L.L.C.)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest as provided in the Securities (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Phillips Van Heusen Corp /De/), Indenture (Phillips Van Heusen Corp /De/)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder and the Trustee a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Axtel Sab De Cv), Indenture (Installations & Hirings LTD)

Defaulted Interest. If the Company defaults in a payment of interest on the a Series of Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Holders of such Series of Securities on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder Holder of Securities of such Series a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Goodyear Tire & Rubber Co /Oh/), Indenture (Goodyear Export Inc.)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on payable with respect to such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Rite Aid Corp), Indenture (Rite Aid Corp)

Defaulted Interest. If and to the extent the Company defaults in a payment of interest on the Securities, the Company shall pay in cash the defaulted interest in any lawful manner plus, to the extent not prohibited by applicable statute or case law, interest on such defaulted interest at the rate provided in the Securities. The Company may pay the defaulted interest (plus interest on such defaulted interest to the extent lawfulinterest) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction as provided in Section 3.05(b) of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paidBase Indenture.

Appears in 2 contracts

Samples: Supplemental Indenture (Alpha Natural Resources, Inc.), Supplemental Indenture (Alpha Natural Resources, Inc.)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date and, at least 10 days before such special record date, shall mail or cause to be mailed to each Holder, with a copy to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Trustee, a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Healthsouth Corp), Indenture (Healthsouth Corp)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest at the rate borne by the Securities on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Westborn Service Center, Inc.), Indenture (Westborn Service Center, Inc.)

Defaulted Interest. If the Company defaults in a ------------------- payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Euro Indenture (Levi Strauss & Co), Indenture (Ryder TRS Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company it shall pay the defaulted interest in any lawful manner (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Holders on a subsequent special record date, in each case at the rate provided in the Securities and in Section 4.01 hereof. The Company shall fix or cause to be fixed any such the special record date and payment date to date. At least 10 days before the reasonable satisfaction of special record date, the Trustee and Company shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Plains Resources Inc), Indenture (Plains Resources Inc)

Defaulted Interest. If the Company defaults in on a payment of interest on the SecuritiesNotes, the Company it shall pay the defaulted interest interest, plus (plus interest on such defaulted interest to the extent lawfulpermitted by law) in any lawful manner. The Company may pay interest payable on the defaulted interest interest, in accordance with the terms hereof, to the persons Persons who are Securityholders Holders on a subsequent special record date, which date shall be at least five Business Days prior to the payment date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder and the Administrative Agent a notice that states the special record date, the payment date and the amount of defaulted interest, and interest payable on defaulted interest, if any, to be paid.

Appears in 2 contracts

Samples: Note Purchase Agreement (Trilogy International Partners Inc.), Note Purchase Agreement (Trilogy International Partners Inc.)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Mexican Cellular Investments Inc), Indenture (Bell Atlantic Corp)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Goodyear Tire & Rubber Co /Oh/), Indenture (Goodyear Tire & Rubber Co /Oh/)

Defaulted Interest. If the Company defaults in a ------------------ payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 2 contracts

Samples: Indenture (Telecorp Tritel Holding Co), Indenture (Telecorp Tritel Holding Co)

Defaulted Interest. If the Company defaults in a ------------------- payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) ("Defaulted Interest") in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Banctec Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company it shall pay the defaulted interest (plus interest on such defaulted interest in any lawful manner plus, to the extent lawful) in any lawful manner. The Company may pay , interest payable on the defaulted interest interest, to the persons who are Securityholders Holders on a subsequent special record date, in each case at the rate provided in the Securities and in Section 6.1 hereof. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: First Supplemental Indenture (Comstock Resources Inc)

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Defaulted Interest. If the Company defaults in a ------------------- payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Eagle Family Foods Inc)

Defaulted Interest. If the Company defaults in a payment of ------------------ interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Ace LTD)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company it shall pay the defaulted interest in any lawful manner (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Holders on a subsequent special record date, in each case at the rate provided in the Securities and in Section 4.1. The Company shall fix or cause to be fixed any such the special record date and payment date to date. At least 10 days before the reasonable satisfaction of special record date, the Trustee and Company shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Forman Petroleum Corp)

Defaulted Interest. If the Company defaults in a payment ------------------- of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Wiser Marketing Co)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful lawtul manner. The Company may pay the defaulted interest to the persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Supplemental Indenture (Carter Holdings Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest then borne by the Securities (plus interest on such defaulted interest to the extent lawful) ), in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail send or cause to be sent to each Securityholder affected Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Albertsons Companies, Inc.)

Defaulted Interest. If the Company defaults in a ------------------ payment of interest on the SecuritiesNotes, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Noteholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Rev Holdings Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail (or otherwise deliver in accordance with the applicable procedures of the Depositary) to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (New Home Co Inc.)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest then borne by the Securities (plus interest on such defaulted interest to the extent lawful) ), in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and Registrar and shall promptly mail or cause to be mailed to each Securityholder affected Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (TPC Group Inc.)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest at the rate borne by the Securities to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Amc Entertainment Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest as provided herein (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Interim Loan Agreement (Healthsouth Corp)

Defaulted Interest. If the Company defaults in on a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (MBS Multimode Inc)

Defaulted Interest. If and to the extent the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest in any lawful manner plus, to the extent not prohibited by applicable statute or case law, interest on such defaulted interest at the rate provided in the Securities. The Company may pay the defaulted interest (plus interest on such defaulted interest interest) to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.payment

Appears in 1 contract

Samples: Indenture (Terremark Worldwide Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (ARKO Corp.)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful mannermanner in accordance with Section 3.03. The Company may pay the defaulted interest to the persons who are Securityholders Noteholders on a subsequent special record dateSpecial Record Date. The Company shall fix or cause to be fixed any such special record date Special Record Date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Noteholder a notice that states the special record dateSpecial Record Date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Signature Resorts Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the a Series of Securities, the Company it shall pay the defaulted interest (plus interest on such defaulted interest interest, plus, to the extent lawful) in permitted by law, any lawful manner. The Company may pay interest payable on the defaulted interest interest, to the persons Persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed or deliver by electronic transmission to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any lawful manner.

Appears in 1 contract

Samples: Indenture (864 Beverage, Inc.)

Defaulted Interest. If the Company defaults in on a payment of interest on a Series of Securities, it shall pay the defaulted interest as provided in such Securities or in any lawful manner not inconsistent with the requirements of any securities exchange on which such Securities may be listed and acceptable to the Trustee. With respect to Registered Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company Trustee may pay the defaulted interest, plus any interest payable on the defaulted interest, to the persons who are Securityholders Holders of such Registered Securities on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.payment

Appears in 1 contract

Samples: Indenture (Bell Atlantic New Jersey Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.. 61 52

Appears in 1 contract

Samples: Indenture (Ev International Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date (or upon the Company's failure to the reasonable satisfaction of do so the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.fix)

Appears in 1 contract

Samples: Indenture (Ero Marketing Inc)

Defaulted Interest. If the Company defaults in a ------------------ payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture Agreement (Levi Strauss & Co)

Defaulted Interest. If and to the extent the Company defaults in a payment of interest on the a Series of Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Winstar Communications Inc)

Defaulted Interest. If the Company defaults in a payment ------------------ of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Tritel Finance Inc)

Defaulted Interest. If the Company defaults in a payment ------------------ of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Levi Strauss & Co)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record datedate as provided in the Securities and in Section 4.01 hereof. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Amis Holdings Inc)

Defaulted Interest. If the Company defaults in a ------------------ payment of interest on the SecuritiesNotes, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Noteholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Iron Age Corp)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.the

Appears in 1 contract

Samples: Indenture (Hs Resources Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.each

Appears in 1 contract

Samples: Indenture (Stone Energy Corp)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the 44 36 persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Dii Group Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder Holder, with a copy to the Trustee, a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Metlife Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders of Securities on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder Holders of Securities a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Evenflo Co Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall will pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall will fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Neustar Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawfullawful at the rate borne by the Securities plus 1%) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Ixc Communications Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Sea Coast Foods, Inc.)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest at the rate borne by the Securities to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Amc Entertainment Inc)

Defaulted Interest. If the Company defaults in a payment ------------------ of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders Noteholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder Noteholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Wki Holding Co Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or caused to be mailed to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Hyster Overseas Capital Corp LLC)

Defaulted Interest. If the Company defaults in a payment of interest on the Securities, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) at the rate specified therefor in any lawful mannerthe Securities. The Company may pay the defaulted interest to the persons Persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall mail promptly mail to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Concorde Gas Marketing Inc)

Defaulted Interest. If the Company defaults in a ------------------- payment of interest on the Securities, the Company shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the persons Persons who are Securityholders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Telecorp PCS Inc)

Defaulted Interest. If the Company defaults in a payment of interest on the SecuritiesNotes, the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) at the rate of [___]% in any lawful manner. The Company may pay the defaulted interest to the persons who are Securityholders Holders on a subsequent special record date. The Company shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly mail or cause to be mailed to each Securityholder Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid.

Appears in 1 contract

Samples: Indenture (Rave Restaurant Group, Inc.)

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