Common use of Extension of Interest Payment Period Clause in Contracts

Extension of Interest Payment Period. SECTION 3.01. The Company shall have the right, at any time during the term of the Series A Debentures, from time to time to extend the interest payment period of such Series A Debentures for up to 20 consecutive quarters (the "Extended Interest Payment Period"), at the end of which period the Company shall pay all interest accrued and unpaid thereon (together with interest thereon compounded quarterly at the rate specified for the Series A Debentures to the extent permitted by applicable law); provided that, during such Extended Interest Payment Period, the Company shall not declare or pay any dividend on, or purchase, acquire or make a liquidation payment with respect to, any of its capital stock or make any guarantee payments with respect to the foregoing. Prior to the termination of any such Extended Interest Payment Period, the Company may further extend such period, provided that such period together with all such previous and further extensions thereof shall not exceed 20 consecutive quarters or extend beyond the maturity of the Series A Debentures. Upon the termination of any Extended Interest Payment Period and upon the payment of all accrued and unpaid 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. SECTION 3.014.01. The Subject to Section 4.06 of the Indenture and Section 5.06 of this First Supplemental Indenture, the Company shall have the right, at any time during the term of the Series A Debentures, to defer the payment of interest on such Series A Debentures at any time and from time to time for a period not to extend exceed 20 consecutive calendar quarters from the last Interest Payment Date to which interest payment period was paid in full (but in no event beyond the maturity of such the Series A Debentures for up to 20 consecutive quarters Debentures) (the each, an "Extended Interest Payment Extension Period"), during which periods the Company shall have the right to make partial payments of interest on any Interest Payment Date, and at the end of which period such Extension Period the Company shall pay all interest then accrued and unpaid thereon (together with interest thereon compounded quarterly at the rate specified for the Series A Debentures to the extent permitted by applicable law); provided that, during such Extended Interest Payment Period, the Company shall not declare or pay any dividend on, or purchase, acquire or make a liquidation payment with respect to, any of its capital stock or make any guarantee payments with respect to the foregoingthereon. Prior to the termination of any such Extended Interest Payment Extension Period, the Company may further extend such the interest payment period, provided that such period Extension Period together with all such previous and further extensions thereof of such Extension Period shall not exceed 20 consecutive quarters or extend beyond the maturity of the Series A Debentures. No such Extension Period shall end on a date other than an Interest Payment Date. Upon the termination of any Extended Interest Payment such Extension Period and upon the payment of all accrued and unpaid interest then due, the Company may select elect to begin a new Extended Interest Payment Extension Period, subject to the foregoing above requirements. No interest shall be due and payable during an Extended Interest Payment Extension Period, except at the end thereof.

Extension of Interest Payment Period. SECTION 3.01. The Company shall have the right, at any time during the term of the Series A B Debentures, from time to time to extend the interest payment period of such Series A B Debentures for up to 20 consecutive quarters (the "Extended Interest Payment Period"), at the end of which period the Company shall pay all interest accrued and unpaid thereon (together with interest thereon compounded quarterly at the rate specified for the Series A B Debentures to the extent permitted by applicable law); provided that, during such Extended Interest Payment Period, the Company shall not declare or pay any dividend on, or purchase, acquire or make a liquidation payment with respect to, any of its capital stock or make any guarantee payments with respect to the foregoing. Prior to the termination of any such Extended Interest Payment Period, the Company may further extend such period, provided that such period together with all such previous and further extensions thereof shall not exceed 20 consecutive quarters or extend beyond the maturity of the Series A B Debentures. Upon the termination of any Extended Interest Payment Period and upon the payment of all accrued and unpaid 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. SECTION 3.01. The Company shall have the right, at any time during the term of the Series A B Debentures, from time to time to extend the interest payment period of such Series A B Debentures for up to 20 consecutive quarters _________________________ (the "Extended Interest Payment Period"), at the end of which period the Company shall pay all interest accrued and unpaid thereon (together with interest thereon compounded quarterly at the rate specified for the Series A B Debentures to the extent permitted by applicable law); provided that, during such Extended Interest Payment Period, the Company shall not declare or pay any dividend on, or purchase, acquire or make a liquidation payment with respect to, any of its capital stock or make any guarantee payments with respect to the foregoing. Prior to the termination of any such Extended Interest Payment Period, the Company may further extend such period, provided that such period together with all such previous and further extensions thereof shall not exceed 20 consecutive quarters _________________________ or extend beyond the maturity of the Series A B Debentures. Upon the termination of any Extended Interest Payment Period and upon the payment of all accrued and unpaid 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. SECTION 3.01. Section 3.01 The Company shall have the right, at any time during the term of the Series A B Debentures, from time to time to extend the interest payment period of such Series A B Debentures for up to 20 60 consecutive quarters months (the "Extended Interest Payment Period"), at the end of which period the Company shall pay all interest accrued and unpaid thereon (together with interest thereon compounded quarterly at the rate specified for the Series A B Debentures to the extent permitted by applicable law); provided PROVIDED, HOWEVER, that, during such Extended Interest Payment Period, Period the Company shall not declare or pay pay, directly or indirectly, any dividend on, or purchase, acquire or make a liquidation payment with respect to, any of its capital stock common or preferred stock, or make any guarantee payments with respect to thereto, or acquire for cash or other property any indebtedness of any Affiliate of the foregoingCompany (other than an Affiliate in which the Company or a Subsidiary of the Company has a direct or indirect equity interest and participates in its management or provides it with operational services) for money borrowed or make any loan or advance to, or guarantee or become contingently liable in respect of indebtedness of, any Affiliate of the Company (other than an Affiliate in which the Company or a Subsidiary of the Company has a direct or indirect equity interest and participates in its management or provides it with operational services). Prior to the termination of any such Extended Interest Payment Period, the Company may further extend such period, provided PROVIDED that such period together with all such previous and further extensions thereof shall not exceed 20 60 consecutive quarters or extend beyond the maturity of the Series A Debenturesmonths. Upon the termination of any Extended Interest Payment Period and upon the payment of all accrued and unpaid interest and any Additional 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. SECTION 3.01. The Company shall have the right, at any time during the term of the Series A Debentures, from time to time to extend the interest payment period period, of such Series A Debentures for up to 20 60 consecutive quarters months (the "Extended Interest Payment Period"), at the end of which period the Company shall pay all interest accrued and unpaid thereon (together with interest thereon compounded quarterly at the rate specified for the Series A Debentures to the extent permitted by applicable law); provided that, during such Extended Interest Payment Period, Period the Company shall not declare or pay any dividend on, or redeem, purchase, acquire or make a liquidation payment with respect to, any of its capital stock or make any guarantee payments with respect to the foregoing. Prior to the termination of any such Extended Interest Payment Period, the Company may further extend such period, provided that such period together with all such previous and further extensions thereof shall not exceed 20 60 consecutive quarters or extend beyond the maturity of the Series A Debenturesmonths. Upon the termination of any Extended Interest Payment Period and upon the payment of all accrued and unpaid interest and any Additional 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, shall be due and payable.

Extension of Interest Payment Period. SECTION 3.01. The Company shall have the right, at any time during the term of the Series A _ Debentures, from time to time to extend the interest payment period of such Series A _ Debentures for up to 20 consecutive quarters (the "Extended Interest Payment Period"), at the end of which period the Company shall pay all interest accrued and unpaid thereon (together with interest thereon compounded quarterly at the rate specified for the Series A _ Debentures to the extent permitted by applicable law); provided that, during such Extended Interest Payment Period, the Company shall not declare or pay any dividend on, or purchase, acquire or make a liquidation payment with respect to, any of its capital stock or make any guarantee payments with respect to the foregoing. Prior to the termination of any such Extended Interest Payment Period, the Company may further extend such period, provided that such period together with all such previous and further extensions thereof shall not exceed 20 consecutive quarters or extend beyond the maturity of the Series A _ Debentures. Upon the termination of any Extended Interest Payment Period and upon the payment of all accrued and unpaid 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. SECTION 3.01. The Company shall have the right, at any time during the term of the Series A B Debentures, from time to time to extend the interest payment period of such Series A B Debentures for up to 20 consecutive quarters _______________________ (the "Extended Interest Payment Period"), at the end of which period the Company shall pay all interest accrued and unpaid thereon (together with interest thereon compounded quarterly at the rate specified for the Series A Debentures B Deben- tures to the extent permitted by applicable law); provided that, during such Extended Interest Payment Period, the Company shall not declare or pay any dividend on, or purchase, acquire or make a liquidation payment with respect to, any of its capital stock or make any guarantee payments with respect to the foregoing. Prior to the termination of any such Extended Interest Payment Period, the Company may further extend such period, provided that such period together with all such previous and further extensions thereof shall not exceed 20 consecutive quarters _______________________ or extend beyond the maturity of the Series A B Debentures. Upon the termination of any Extended Interest Payment Period and upon the payment of all accrued and unpaid interest then due, the Company may select a new Extended Interest Payment Period, subject to the foregoing requirementsrequire- ments. No interest shall be due and payable during an Extended Interest Payment Period, except at the end thereof.

Extension of Interest Payment Period. SECTION 3.014.01. The Subject to Section 4.06 of the Indenture and Section 5.06 of this Fourth Supplemental Indenture, so long as no Event of Default has occurred and is continuing, the Company shall have the right, at any time during the term of the Series A D Debentures, to defer the payment of interest on such Series D Debentures at any time and from time to time for a period not to extend the interest payment period of such Series A Debentures for up to exceed 20 consecutive calendar quarters (from the "Extended last Interest Payment Date to which interest was paid in full (each, an "Extension Period"), during which periods the Company shall have the right to make partial payments of interest on any Interest Payment Date, and at the end of which period such Extension Period the Company shall pay all interest then accrued and unpaid thereon (together with interest thereon compounded quarterly at the rate specified for the Series A Debentures to the extent permitted by applicable law); provided that, during such Extended Interest Payment Period, the Company shall not declare or pay any dividend on, or purchase, acquire or make a liquidation payment with respect to, any of its capital stock or make any guarantee payments with respect to the foregoingthereon. Prior to the termination of any such Extended Interest Payment Extension Period, the Company may further extend such the interest payment period, provided that such period Extension Period together with all such previous and further extensions thereof of such Extension Period shall not exceed 20 consecutive quarters or extend beyond the maturity of the Series A D Debentures. No such Extension Period shall end on a date other than an Interest Payment Date. Upon the termination of any Extended Interest Payment such Extension Period and upon the payment of all accrued and unpaid interest then due, the Company may select elect to begin a new Extended Interest Payment Extension Period, subject to the foregoing above requirements. No interest shall be due and payable during an Extended Interest Payment Extension Period, except at the end thereof.