Common use of Extension of Payment Dates Clause in Contracts

Extension of Payment Dates. In the event that (i) the terms of any Security established in or pursuant to this Indenture permit the Company or any Holder thereof to extend the date on which any payment of principal of, or premium, if any, or interest, if any, on, or Additional Amounts, if any, with respect to such Security is due and payable and (ii) the due date for any such payment shall have been so extended, then all references herein to the Stated Maturity of such payment (and all references of like import) shall be deemed to refer to the date as so extended.

Appears in 3 contracts

Samples: Indenture (Abb LTD), Indenture (Abb LTD), Indenture (GFI Group Inc.)

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Extension of Payment Dates. In the event that (i) the terms of any Security established in or pursuant to this Indenture permit the Company Issuer or any Holder thereof to extend the date on which any payment of principal of, or premium, if any, or interest, if any, on, or Additional Amounts, if any, with respect to such Security is due and payable and (ii) the due date for any such payment shall have been so extended, then all references herein to the Stated Maturity of such payment (and all references of like import) shall be deemed to refer to the date as so extended.

Appears in 2 contracts

Samples: Indenture (Avalonbay Communities Inc), Indenture (Avalonbay Communities Inc)

Extension of Payment Dates. In the event that (i) the terms of any Security or related Coupon established in or pursuant to this Indenture permit the Company or any Holder thereof to extend the date on which any payment of principal of, or premium, if any, or interest, if any, on, or Additional Amounts, if any, with respect to on such Security or Coupon is due and payable and (ii) the due date for any such payment shall have been so extended, then all references herein to the Stated Maturity of such payment (and all references of like import) shall be deemed to refer to the date as so extended.

Appears in 2 contracts

Samples: Indenture (Ibm Credit LLC), Indenture (Ibm Credit LLC)

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Extension of Payment Dates. In the event that (i) the terms of any Security established in or pursuant to this Indenture permit the Company or any Holder thereof to extend the date on which any payment of principal of, or premium, if any, or interest, if any, on, or Additional Amounts, if any, with respect to such Security is due and payable and (ii) the due date for any such payment shall have been so extended, then all references herein to the Stated Maturity of such payment (and all references of like import) shall be deemed to refer to the date as so extended.

Appears in 1 contract

Samples: Indenture (Solarcity Corp)

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