Common use of Extension of Interest Payment Period Clause in Contracts

Extension of Interest Payment Period. (a) So long as no Event of Default has occurred and is continuing, the Company shall have the right, at any time and from time to time during the term of the Securities, to defer payments of interest by extending the interest payment period of such Securities for a period not exceeding 10 consecutive semi-annual periods, including the first such semi-annual period during such extension period (the "Extended Interest Payment Period"), during which Extended Interest Payment Period no interest shall be due and payable; provided that no -------- ---- Extended Interest Payment Period may extend beyond the Maturity Date. To the extent permitted by applicable law, interest, the payment of which has been deferred because of the extension of the interest payment period pursuant to this Section 16.01, will bear interest thereon at the Coupon Rate compounded semi-annually for each semi-annual period of the Extended Interest Payment Period ("Compounded Interest"). At the end of the Extended Interest Payment Period, the Company shall pay all interest accrued and unpaid on the Securities, including any Additional Sums and Compounded Interest (together, "Deferred Interest") that shall be payable to the holders of the Securities in whose names the Securities are registered in the Security Register on the first record date after the end of the Extended Interest Payment Period.

Extension of Interest Payment Period. (a) So long as no Event of Default has occurred and is continuing, the Company shall have the right, at any time and from time to time during the term of the Securities, to defer payments of interest by extending the interest payment period of such Securities for a period not exceeding 10 20 consecutive semi-annual quarterly periods, including the first such semi-annual quarterly period during such extension period (the "Extended Interest Payment Period"), during which Extended Interest Payment Period no interest shall be due and payable; provided that no -------- ---- Extended Interest Payment Period may extend beyond the Maturity Date. To the extent permitted by applicable law, interest, the payment of which has been deferred because of the extension of the interest payment period pursuant to this Section 16.01, will bear interest thereon at the Coupon Rate compounded semi-annually for each semi-annual period of the Extended Interest Payment Period ("Compounded Interest"). At the end of the Extended Interest Payment Period, the Company shall pay all interest accrued and unpaid on the Securities, including any Additional Sums and Compounded Interest (together, "Deferred Interest") that shall be payable to the holders of the Securities in whose names the Securities are registered in the Security Register on the first record date after the end of the Extended Interest Payment Period.

Extension of Interest Payment Period. (a) So long as no Event of Default has occurred and is continuing, the Company shall have the right, at any time and from time to time during the term of the Securities, to defer payments of interest by extending the interest payment period of such Securities for a period not exceeding 10 consecutive semi-annual periods, including the first such semi-annual period during such extension period (as set forth in Section 16.02(c)) (the "Extended Interest Payment Extension Period"), during which Extended Interest Payment Extension Period no interest shall be due and payable; , provided that no -------- ---- Extended Interest Payment Extension Period may extend beyond the Maturity DateStated Maturity. To the extent permitted by applicable law, interest, the payment of which has been deferred because of the extension of the interest payment period pursuant to this Section 16.01, will bear interest thereon at the Coupon Rate compounded semi-annually for each semi-annual period of the Extended Interest Payment Extension Period ("Compounded Interest"). At the end of the Extended Interest Payment Extension Period, the Company shall pay all interest accrued and unpaid on the Securities, including any Additional Sums and Compounded Interest (together, "Deferred Interest") that shall be payable to the holders of the Securities in whose names the Securities are registered in the Security Register on the first record date after immediately preceding the end of the Extended Interest Payment Extension Period.

Extension of Interest Payment Period. (a) So long as no Event of Default has occurred and is continuing, the The Company shall have the right, at any time and from time to time during prior to the term of the SecuritiesMaturity Date, to defer payments of interest by extending extend the interest payment period of such Securities Notes for a period not exceeding 10 up to twenty (20) consecutive semi-annual periods, including the first such semi-annual period during such extension period quarters (the "Extended Interest Payment Period"), during which Extended Interest Payment Period no interest shall be due and payable; provided that no -------- ---- Extended Interest Payment Period may extend beyond the Maturity Date. To the extent permitted by applicable law, interest, the payment of which has been deferred because of the extension of the interest payment period pursuant to this Section 16.014.1, will bear interest thereon compounded quarterly at the Coupon Rate compounded semi-annually for each semi-annual period quarter of the Extended Interest Payment Period ("Compounded Interest"). At the end of the Extended Interest Payment Period, the Company shall pay all interest accrued and unpaid on the SecuritiesNotes, including any Additional Sums and Compounded Interest (together, "Deferred Interest") that ), which shall be payable to the holders Holders of the Securities Notes in whose names the Securities Notes are registered in the Security Register security register maintained by the Registrar on the first record date Regular Record Date after the end of the Extended Interest Payment Period. Before the termination of any Extended Interest Payment Period, the Company may further extend such period, provided that such period together with all previous and such further extensions thereof shall not exceed twenty (20) consecutive quarters or extend beyond the Maturity Date. Upon the termination of any Extended Interest Payment Period and upon the payment of all Deferred Interest then due, the Company may select a new Extended Interest Payment Period, subject to the foregoing requirements. No interest shall be due and payable during an Extended Interest Payment Period, except at the end thereof.

Extension of Interest Payment Period. (a) So long as no Event of Default has occurred and is continuing, the Company shall have the right, at any time and from time to time during the term of the Securities, to defer payments of interest by extending the interest payment period of such Securities for a period not exceeding 10 100 consecutive semi-annual periods, including the first such semi-annual period during such extension period (the "Extended Interest Payment Period"), during which Extended Interest Payment Period no interest shall be due and payable; provided that no -------- ---- Extended Interest Payment Period may extend beyond the Maturity Date. To the extent permitted by applicable law, interest, the payment of which has been deferred because of the extension of the interest payment period pursuant to this Section 16.01, will bear interest thereon at the Coupon Rate compounded semi-annually for each semi-annual period of the Extended Interest Payment Period ("Compounded Interest"). At the end of the Extended Interest Payment Period, the Company shall pay all interest accrued and unpaid on the Securities, including any Additional Sums and Compounded Interest (together, "Deferred Interest") that shall be payable to the holders of the Securities in whose names the Securities are registered in the Security Register on the first record date after the end of the Extended Interest Payment Period.

Extension of Interest Payment Period. (a) So long as no an Event of Default has under Section 501 of the Indenture shall not have occurred and is be continuing, the Company shall have the right, at any time and from time to time during the term of the SecuritiesConvertible Debentures, to defer payments of interest by extending the interest payment period of such Securities Convertible Debentures for a period not exceeding 10 20 consecutive semi-annual periods, including the first such semi-annual period during such extension period quarters (the "Extended Interest Payment PeriodEXTENDED INTEREST PAYMENT PERIOD"), during which Extended Interest Payment Period no interest shall be due and payable; provided PROVIDED that no -------- ---- Extended Interest Payment Period may extend beyond the Maturity Date or any earlier Redemption Date. To the extent permitted by applicable law, interest, the payment of which has been deferred because of the extension of the interest payment period pursuant to this Section 16.014.1, will bear interest thereon at the Coupon Rate compounded semi-annually quarterly for each semi-annual period quarter of the Extended Interest Payment Period ("Compounded InterestCOMPOUNDED INTEREST"). At the end of the Extended Interest Payment Period, the Company shall pay all interest accrued and unpaid interest on the SecuritiesConvertible Debentures, including any Additional Sums Interest and Compounded Interest (together, "Deferred InterestDEFERRED INTEREST") that shall be payable to the holders Holders of the Securities Convertible Debentures in whose names the Securities Convertible Debentures are registered in the Security Register on the first record date after the end of the Extended Interest Payment Period.Interest

Extension of Interest Payment Period. (a) So long Unless as no Event of Default has occurred and is continuing, the Company shall have the right, at any time and from time to time during the term of the Securities, to defer payments the payment of interest by extending the interest payment period of such Securities at any time or from time to time for a period not exceeding 10 consecutive semi-annual periods, including the first such semi-annual period during such extension period (the "Extended Interest Payment Extension Period"), during which Extended Interest Payment Extension Period no interest shall be due and payable; provided that no -------- ---- Extended Interest Payment Extension Period may extend beyond the Maturity DateStated Maturity. To the extent permitted by applicable law, interest, the payment of which has been deferred because of the extension of the interest payment period pursuant to this Section 16.0113.1, will bear interest thereon at the Coupon Rate 9 1/2% compounded semi-annually for each semi-annual period of the Extended Interest Payment Extension Period ("Compounded Interest"). At the end of the Extended Interest Payment Extension Period, the Company shall pay all interest accrued and unpaid on the Securities, including any Additional Sums and Compounded Interest (together, "Deferred Interest") that shall be payable to the holders of the Securities in whose names the Securities are registered in the Security Register on the first record date after the end of the Extended Interest Payment Extension Period. Such deferment of payments of interest shall not be deemed an Event of Default.

Extension of Interest Payment Period. (a) So long as no Event of Default has occurred and is continuing, the Company shall have the right, at any time and from time to time during the term of the Securities, to defer payments of interest by extending the interest payment period of such Securities for a period not exceeding 10 consecutive semi-annual periods, including the first such semi-annual period during such extension period (the "Extended Interest Payment Period"), during which Extended Interest Payment Period no interest shall be due and payable; provided PROVIDED that no -------- ---- Extended Interest Payment Period may extend beyond the Maturity Date. To the extent permitted by applicable law, interest, the payment of which has been deferred because of the extension of the interest payment period pursuant to this Section 16.01, will bear interest thereon at the Coupon Rate compounded semi-annually for each semi-annual period of the Extended Interest Payment Period ("Compounded Interest"). At the end of the Extended Interest Payment Period, the Company shall pay all interest accrued and unpaid on the Securities, including any Additional Sums and Compounded Interest (together, "Deferred Interest") that shall be payable to the holders of the Securities in whose names the Securities are registered in the Security Register on the first record date after the end of the Extended Interest Payment Period.

Extension of Interest Payment Period. (a) So long as no Event of Default has occurred and is continuing, the Company shall have the right, at any time and from time to time during the term of the Securities, to defer payments of interest by extending the interest payment period of such Securities for a period not exceeding 10 consecutive semi-annual periods, including the first such semi-annual period during such extension period (as set forth in Section 16.02(c)) (the "Extended Interest Payment Extension Period"), during which Extended Interest Payment Extension Period no interest shall be due and payable; provided , provided, that no -------- ---- Extended Interest Payment Extension Period may extend beyond the Maturity DateStated Maturity. To the extent permitted by applicable law, interest, the payment of which has been deferred because of the extension of the interest payment period pursuant to this Section 16.01, will bear interest thereon at the Coupon Rate compounded semi-annually for each semi-annual period of the Extended Interest Payment Extension Period ("Compounded Interest"). At the end of the Extended Interest Payment Extension Period, the Company shall pay all interest accrued and unpaid on the Securities, including any Additional Sums and Compounded Interest (together, "Deferred Interest") that shall be payable to the holders of the Securities in whose names the Securities are registered in the Security Register on the first record date after immediately preceding the end of the Extended Interest Payment Extension Period.

Extension of Interest Payment Period. (a) So long as no Event of Default has occurred and is continuing, the Company shall have the right, at any time and from time to time during the term of the Securities, to defer payments of interest by extending the interest payment period of such Securities for a period not exceeding 10 consecutive semi-annual periods, including the first such semi-annual period during such extension period (as set forth in Section 16.02(c)) (the "Extended Interest Payment Extension Period"), during which Extended Interest Payment Extension Period no interest shall be due and payable; , provided that no -------- ---- Extended Interest Payment Extension Period may extend beyond the Maturity DateStated Maturity. To the extent permitted by applicable law, interest, the payment of which has been deferred because of the extension of the interest payment period pursuant to this Section 16.01, will bear interest thereon at the Coupon Rate -88- 97 compounded semi-annually for each semi-annual period of the Extended Interest Payment Extension Period ("Compounded Interest"). At the end of the Extended Interest Payment Extension Period, the Company shall pay all interest accrued and unpaid on the Securities, including any Additional Sums and Compounded Interest (together, "Deferred Interest") that shall be payable to the holders of the Securities in whose names the Securities are registered in the Security Register on the first record date after immediately preceding the end of the Extended Interest Payment Extension Period.