Common use of Distributions on the Clause in Contracts

Distributions on the. Trust Securities shall be cumulative, and will accumulate whether or not there are funds of the Trust available for the payment of Distributions. Distributions shall accrue from July 26, 1999, and, except in the event (and to the extent) that the Depositor exercises its right to defer the payment of interest on the Notes pursuant to the Indenture, shall be payable quarterly in arrears on August 31, November 30, February 28 and May 31 of each year, commencing on August 31, 1999. If any date on which a Distribution is otherwise payable on the Trust Securities is not a Business Day, then the payment of such Distribution shall be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, payment of such Distribution shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date (each date on which distributions are payable in accordance with this Section 4.1(a), a "Distribution Date").

Distributions on the. Trust Securities shall be cumulative, and will accumulate whether or not there are funds of the Trust available for the payment of Distributions. Distributions shall accrue from July 26November 20, 19991998, and, except in the event (and to the extent) that the Depositor exercises its right to defer the payment of interest on the Notes Debentures pursuant to the Indenture, shall be payable quarterly in arrears on August 31March 1, November 30June 1, February 28 September 1 and May 31 December 1 of each year, commencing on August 31March 1, 1999. If any date on which a Distribution is otherwise payable on the Trust Securities is not a Business Day, then the payment of such Distribution shall be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, payment of such Distribution shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date (each date on which distributions are payable in accordance with this Section 4.1(a), a "Distribution Date").

Distributions on the. Trust Securities shall be cumulative, and will accumulate whether or not there are funds of the Trust available for the payment of Distributions. Distributions shall accrue from July 26September 30, 19991998, and, except in the event (and to the extent) that the Depositor exercises its right to defer the payment of interest on the Notes Series A Subordinated Debentures pursuant to the Indenture, shall be payable quarterly in arrears on August March 31, November June 30, February 28 September 30 and May December 31 of each year, commencing on August 31September 30, 19991998. If any date on which a Distribution is otherwise payable on the Trust Securities is not a Business Day, then the payment of such Distribution shall be made on the next succeeding day that is a Business Day (and without any interest additional Distributions or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, payment of such Distribution shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date (each date on which distributions Distributions are payable in accordance with this Section 4.1(a), a "Distribution Date").

Distributions on the. Trust Securities shall be cumulative, and will shall accumulate whether or not there are funds of the Trust available for the payment of Distributions. Distributions shall accrue accumulate from July 26, 1999the date of issuance, and, except in the event (and during any Extended Interest Payment Period with respect to the extent) that the Depositor exercises its right to defer the payment of interest on the Notes pursuant to the IndentureDebentures, shall be payable quarterly in arrears on August March 31, November June 30, February 28 September 30 and May December 31 of each year, commencing on August March 31, 19992002. If any date on which a Distribution is otherwise payable on the Trust Securities is not a Business Day, then the payment of such Distribution shall be made on the next succeeding day that is a Business Day (and without any increase of interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, payment of such Distribution shall be made on the immediately preceding Business DayDay (and without any reduction of interest or any other payment in respect of any such acceleration), in each case with the same force and effect as if made on such date (each date on which distributions are payable in accordance with this Section 4.1(a401(a), a "Distribution Date").

Distributions on the. Trust Securities shall be cumulative, and will accumulate whether or not there are funds of the Trust available for the payment of Distributions. Distributions shall accrue from July 26, 1999________ __,____, and, except in the event (and to the extent) that the Depositor Western Resources exercises its right to defer extend the interest payment of interest on period for the Notes Debentures pursuant to Section 101 of the form of supplement to the Subordinated Indenture, shall be payable quarterly in arrears on August March 31, November June 30, February 28 September 30 and May December 31 of each year, commencing on August 31, 1999________________. If any date on which a Distribution is Distributions are otherwise payable on the Trust Securities is not a Business Day, then the payment of such Distribution shall be made on the next succeeding day that which is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, payment of such Distribution distribution shall be made on the immediately preceding Business Day, in each case case, with the same force and effect as if made on such date (each date on which distributions are payable in accordance with this Section 4.1(a), 4.01(a) a "Distribution Date").