Common use of Form and Payment; Minimum Transfer Restriction Clause in Contracts

Form and Payment; Minimum Transfer Restriction. (a) Except as provided in Section 2.04, the Debentures shall be issued in fully registered definitive form without coupons. All Debentures shall have identical terms. Debentures corresponding to Applicable Ownership Interests in Debentures that are components of Corporate Units shall be registered in the name of the Purchase Contract Agent. Principal of the Debentures will be payable (subject to the last sentence of this Section 2.03(a)), the transfer of such Debentures will be registrable, and such Debentures will be exchangeable for Debentures of a like aggregate principal amount bearing identical terms and provisions, at the Corporate Trust Office of the Trustee; provided, however, that, except as otherwise provided in the form of Debenture attached hereto as Exhibit A, payment of interest will be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or, if such Person so requests and designates an account in writing to the Trustee at least five Business Days prior to the relevant Interest Payment Date, by wire transfer to such account, and provided, further, that the Company, in its discretion may remove the Paying Agent and may appoint one or more additional Paying Agents (including the Company or any of its affiliates). Payments with respect to any Global Debenture or any Debenture corresponding to Applicable Ownership Interests in Debentures that are components of Corporate Units will be made by wire transfer to the Depository or in accordance with any other applicable procedures of the Depository. (b) The Debentures shall be issuable in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof; provided, however, that upon the release by the Collateral Agent of Debentures underlying the Pledged Applicable Ownership Interests in Debentures in accordance with Section 3.15 of the Purchase Contract and Pledge Agreement, if any Holder or Beneficial Owner shall be entitled to receive Debentures in an aggregate principal amount that is not an integral multiple of $1,000, the Purchase Contract Agent may request, on behalf of such Holder or Beneficial Owner, that the Company issue Debentures in denominations of $50, or integral multiples thereof, in exchange for Debentures in denominations of $1,000 or integral multiples thereof. Section 302 of the Base Indenture shall not apply with respect to the Debentures, and any reference in the Base Indenture to such provision shall, for purposes of the Debentures, be deemed to refer instead to this Section 2.03(b).

Appears in 2 contracts

Samples: Supplemental Indenture (American Electric Power Co Inc), Supplemental Indenture (American Electric Power Co Inc)

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Form and Payment; Minimum Transfer Restriction. (a) Except as provided in Section 2.04SECTION 2.4, the Debentures Series A Notes shall be issued in fully registered definitive form without coupons. All Debentures Series A Notes shall have identical terms. Debentures Series A Notes corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units shall be registered in the name of the Purchase Contract Agent. Principal of the Debentures Series A Notes will be payable (subject to the last sentence of this Section 2.03(a2.3(a)), the transfer of such Debentures Series A Notes will be registrable, and such Debentures Series A Notes will be exchangeable for Debentures Series A Notes of a like aggregate principal amount bearing identical terms and provisions, at the Corporate Trust Office of the Series Trustee; provided, however, that, except as otherwise provided in the form of Debenture Series A Note attached hereto as Exhibit A, payment of interest will be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or, if such Person so requests and designates an account in writing to the Series Trustee at least five Business Days prior to the relevant Interest Payment Date, by wire transfer to such account, and provided, further, that the Company, in its discretion may remove the Paying Agent and may appoint one or more additional Paying Agents (including the Company or any of its affiliates). Payments with respect to any Global Debenture Note or any Debenture Series A Note corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units will be made by wire transfer to the Depository or in accordance with any other applicable procedures of the Depository. (b) The Debentures Series A Notes shall be issuable in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof; provided, however, that upon the release by the Collateral Agent of Debentures Series A Notes underlying the Pledged Applicable Ownership Interests in Debentures Series A Notes in accordance with Section 3.15 of the Purchase Contract and Pledge Agreement, if any Holder or Beneficial Owner shall be entitled to receive Debentures Series A Notes in an aggregate principal amount that is not an integral multiple of $1,000, the Purchase Contract Agent may request, on behalf of such Holder or Beneficial Owner, that the Company issue Debentures Series A Notes in denominations of $50, or integral multiples thereof, in exchange for Debentures Series A Notes in denominations of $1,000 or integral multiples thereof. The first paragraph of Section 302 2.3 of the Base Indenture shall not apply with respect to the DebenturesSeries A Notes, and any reference in the Base Indenture to such provision shall, for purposes of the DebenturesSeries A Notes, be deemed to refer instead to this Section 2.03(b2.3(b).

Appears in 2 contracts

Samples: Supplemental Indenture (Dominion Resources Inc /Va/), Fourth Supplemental Indenture (Dominion Resources Inc /Va/)

Form and Payment; Minimum Transfer Restriction. (a) Except as provided in Section 2.04‎2.4, the Debentures Series B Notes shall be issued in fully registered definitive form without coupons. All Debentures Series B Notes shall have identical terms. Debentures Series B Notes corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units shall be registered in the name of the Purchase Contract AgentAgent or its nominee. Principal of the Debentures Series B Notes will be payable (subject to the last sentence of this Section 2.03(a‎2.3(a)), the transfer of such Debentures Series B Notes will be registrable, and such Debentures Series B Notes will be exchangeable for Debentures Series B Notes of a like aggregate principal amount bearing identical terms and provisions, at the Corporate Trust Office of the Trustee; provided, however, that, except as otherwise provided in the form of Debenture Series B Note attached hereto as Exhibit A, payment of interest will be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or, if such Person so requests and designates an account in writing to the Trustee at least five Business Days prior to the relevant Interest Payment Date, by wire transfer to such account, ; and provided, further, that the Company, in its discretion may remove the Paying Agent and may appoint one or more additional Paying Agents (including the Company or any of its affiliates). Payments with respect to any Global Debenture Note or any Debenture Series B Note corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units will be made by wire transfer to the Depository Depositary or in accordance with any other applicable procedures of the DepositoryDepositary. (b) The Debentures Series B Notes shall be issuable in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof; provided, however, that upon the release by the Collateral Agent of Debentures Series B Notes underlying the Pledged Applicable Ownership Interests in Debentures Notes in accordance with Section 3.15 of the Purchase Contract and Pledge Agreement, if any Holder or Beneficial Owner beneficial owner shall be entitled to receive Debentures Series B Notes in an aggregate principal amount that is not an integral multiple of $1,000, upon request of the Purchase Contract Agent may requestAgent, on behalf of such Holder or Beneficial Ownerbeneficial owner, that the Company shall issue Debentures Series B Notes in minimum denominations of $50, or integral multiples thereof, in exchange for Debentures Series B Notes in minimum denominations of $1,000 or integral multiples thereof. The first paragraph of Section 302 2.3 of the Base Indenture shall not apply with respect to the DebenturesSeries B Notes, and any reference in the Base Indenture to such provision shall, for purposes of the DebenturesSeries B Notes, be deemed to refer instead to this Section 2.03(b‎2.3(b).

Appears in 1 contract

Samples: Second Supplemental Indenture (South Jersey Industries Inc)

Form and Payment; Minimum Transfer Restriction. (a) Except as provided in Section 2.04SECTION 2.4, the Debentures Series B Notes shall be issued in fully registered definitive form without coupons. All Debentures Series B Notes shall have identical terms. Debentures Series B Notes corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units shall be registered in the name of the Purchase Contract Agent. Principal of the Debentures Series B Notes will be payable (subject to the last sentence of this Section 2.03(a2.3(a)), the transfer of such Debentures Series B Notes will be registrable, and such Debentures Series B Notes will be exchangeable for Debentures Series B Notes of a like aggregate principal amount bearing identical terms and provisions, at the Corporate Trust Office of the Series Trustee; provided, however, that, except as otherwise provided in the form of Debenture Series B Note attached hereto as Exhibit A, payment of interest will be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or, if such Person so requests and designates an account in writing to the Series Trustee at least five Business Days prior to the relevant Interest Payment Date, by wire transfer to such account, and provided, further, that the Company, in its discretion may remove the Paying Agent and may appoint one or more additional Paying Agents (including the Company or any of its affiliates). Payments with respect to any Global Debenture Note or any Debenture Series B Note corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units will be made by wire transfer to the Depository or in accordance with any other applicable procedures of the Depository. (b) The Debentures Series B Notes shall be issuable in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof; provided, however, that upon the release by the Collateral Agent of Debentures Series B Notes underlying the Pledged Applicable Ownership Interests in Debentures Series B Notes in accordance with Section 3.15 of the Purchase Contract and Pledge Agreement, if any Holder or Beneficial Owner shall be entitled to receive Debentures Series B Notes in an aggregate principal amount that is not an integral multiple of $1,000, the Purchase Contract Agent may request, on behalf of such Holder or Beneficial Owner, that the Company issue Debentures Series B Notes in denominations of $50, or integral multiples thereof, in exchange for Debentures Series B Notes in denominations of $1,000 or integral multiples thereof. The first paragraph of Section 302 2.3 of the Base Indenture shall not apply with respect to the DebenturesSeries B Notes, and any reference in the Base Indenture to such provision shall, for purposes of the DebenturesSeries B Notes, be deemed to refer instead to this Section 2.03(b2.3(b).

Appears in 1 contract

Samples: Fifth Supplemental Indenture (Dominion Resources Inc /Va/)

Form and Payment; Minimum Transfer Restriction. (a) Except as provided in Section 2.04SECTION 2.4, the Debentures Series A-2 Notes shall be issued in fully registered definitive form without coupons. All Debentures Series A-2 Notes shall have identical terms. Debentures Series A-2 Notes corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units shall be registered in the name of the Purchase Contract Agent. Principal of the Debentures Series A-2 Notes will be payable (subject to the last sentence of this Section 2.03(aSECTION 2.3(a)), the transfer of such Debentures Series A-2 Notes will be registrable, and such Debentures Series A-2 Notes will be exchangeable for Debentures Series A-2 Notes of a like aggregate principal amount bearing identical terms and provisions, at the Corporate Trust Office of the Series Trustee; provided, however, that, except as otherwise provided in the form of Debenture Series A-2 Note attached hereto as Exhibit A, payment of interest will be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or, if such Person so requests and designates an account in writing to the Series Trustee at least five Business Days prior to the relevant Interest Payment Date, by wire transfer to such account, and provided, further, that the Company, in its discretion may remove the Paying Agent and may appoint one or more additional Paying Agents (including the Company or any of its affiliates). Payments with respect to any Global Debenture Note or any Debenture Series A-2 Note corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units will be made by wire transfer to the Depository or in accordance with any other applicable procedures of the Depository. (b) The Debentures Series A-2 Notes shall be issuable in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof; provided, however, that upon the release by the Collateral Agent of Debentures Series A -1 Notes underlying the Pledged Applicable Ownership Interests in Debentures Notes in accordance with Section 3.15 of the Purchase Contract and Pledge Agreement, if any Holder or Beneficial Owner shall be entitled to receive Debentures Series A-2 Notes in an aggregate principal amount that is not an integral multiple of $1,000, the Purchase Contract Agent may request, on behalf of such Holder or Beneficial Owner, that the Company issue Debentures Series A-2 Notes in denominations of $5025, or integral multiples thereof, in exchange for Debentures Series A-2 Notes in denominations of $1,000 or integral multiples thereof. The first paragraph of Section 302 2.3 of the Base Indenture shall not apply with respect to the DebenturesSeries A-2 Notes, and any reference in the Base Indenture to such provision shall, for purposes of the DebenturesSeries A-2 Notes, be deemed to refer instead to this Section 2.03(bSECTION 2.3(b).

Appears in 1 contract

Samples: Supplemental Indenture (Dominion Resources Inc /Va/)

Form and Payment; Minimum Transfer Restriction. (a) Except as provided in Section 2.04‎2.4, the Debentures Series A Notes shall be issued in fully registered definitive form without coupons. All Debentures Series A Notes shall have identical terms. Debentures Series A Notes corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units shall be registered in the name of the Purchase Contract AgentAgent or its nominee. Principal of the Debentures Series A Notes will be payable (subject to the last sentence of this Section 2.03(a‎2.3(a)), the transfer of such Debentures Series A Notes will be registrable, and such Debentures Series A Notes will be exchangeable for Debentures Series A Notes of a like aggregate principal amount bearing identical terms and provisions, at the Corporate Trust Office of the Trustee; provided, however, that, except as otherwise provided in the form of Debenture Series A Note attached hereto as Exhibit A, payment of interest will be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or, if such Person so requests and designates an account in writing to the Trustee at least five Business Days prior to the relevant Interest Payment Date, by wire transfer to such account, ; and provided, further, that the Company, in its discretion may remove the Paying Agent and may appoint one or more additional Paying Agents (including the Company or any of its affiliates). Payments with respect to any Global Debenture Note or any Debenture Series A Note corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units will be made by wire transfer to the Depository Depositary or in accordance with any other applicable procedures of the DepositoryDepositary. (b) The Debentures Series A Notes shall be issuable in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof; provided, however, that upon the release by the Collateral Agent of Debentures Series A Notes underlying the Pledged Applicable Ownership Interests in Debentures Notes in accordance with Section 3.15 of the Purchase Contract and Pledge Agreement, if any Holder or Beneficial Owner beneficial owner shall be entitled to receive Debentures Series A Notes in an aggregate principal amount that is not an integral multiple of $1,000, upon request of the Purchase Contract Agent may requestAgent, on behalf of such Holder or Beneficial Ownerbeneficial owner, that the Company shall issue Debentures Series A Notes in minimum denominations of $50, or integral multiples thereof, in exchange for Debentures Series A Notes in minimum denominations of $1,000 or integral multiples thereof. The first paragraph of Section 302 2.3 of the Base Indenture shall not apply with respect to the DebenturesSeries A Notes, and any reference in the Base Indenture to such provision shall, for purposes of the DebenturesSeries A Notes, be deemed to refer instead to this Section 2.03(b‎2.3(b).

Appears in 1 contract

Samples: Supplemental Indenture (South Jersey Industries Inc)

Form and Payment; Minimum Transfer Restriction. (a) Except as provided in Section 2.04SECTION 2.4, the Debentures Series A-1 Notes shall be issued in fully registered definitive form without coupons. All Debentures Series A-1 Notes shall have identical terms. Debentures Series A-1 Notes corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units shall be registered in the name of the Purchase Contract Agent. Principal of the Debentures Series A-1 Notes will be payable (subject to the last sentence of this Section 2.03(aSECTION 2.3(a)), the transfer of such Debentures Series A-1 Notes will be registrable, and such Debentures Series A-1 Notes will be exchangeable for Debentures Series A-1 Notes of a like aggregate principal amount bearing identical terms and provisions, at the Corporate Trust Office of the Series Trustee; provided, however, that, except as otherwise provided in the form of Debenture Series A-1 Note attached hereto as Exhibit A, payment of interest will be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or, if such Person so requests and designates an account in writing to the Series Trustee at least five Business Days prior to the relevant Interest Payment Date, by wire transfer to such account, and provided, further, that the Company, in its discretion may remove the Paying Agent and may appoint one or more additional Paying Agents (including the Company or any of its affiliates). Payments with respect to any Global Debenture Note or any Debenture Series A-1 Note corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units will be made by wire transfer to the Depository or in accordance with any other applicable procedures of the Depository. (b) The Debentures Series A-1 Notes shall be issuable in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof; provided, however, that upon the release by the Collateral Agent of Debentures Series A -1 Notes underlying the Pledged Applicable Ownership Interests in Debentures Notes in accordance with Section 3.15 of the Purchase Contract and Pledge Agreement, if any Holder or Beneficial Owner shall be entitled to receive Debentures Series A-1 Notes in an aggregate principal amount that is not an integral multiple of $1,000, the Purchase Contract Agent may request, on behalf of such Holder or Beneficial Owner, that the Company issue Debentures Series A-1 Notes in denominations of $5025, or integral multiples thereof, in exchange for Debentures Series A-1 Notes in denominations of $1,000 or integral multiples thereof. The first paragraph of Section 302 2.3 of the Base Indenture shall not apply with respect to the DebenturesSeries A-1 Notes, and any reference in the Base Indenture to such provision shall, for purposes of the DebenturesSeries A-1 Notes, be deemed to refer instead to this Section 2.03(bSECTION 2.3(b).

Appears in 1 contract

Samples: Supplemental Indenture (Dominion Resources Inc /Va/)

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Form and Payment; Minimum Transfer Restriction. (a) Except as provided in Section 2.042.4, the Debentures Notes shall be issued in fully registered definitive form without coupons. All Debentures Notes shall have identical terms. Debentures Notes corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units shall be registered in the name of the Purchase Contract AgentAgent or its nominee. Principal of the Debentures Notes will be payable (subject to the last sentence of this Section 2.03(a2.3(a)), the transfer of such Debentures Notes will be registrable, and such Debentures Notes will be exchangeable for Debentures Notes of a like aggregate principal amount bearing identical terms and provisions, at the Corporate Trust Office of the Trustee; provided, however, provided that, except as otherwise provided notwithstanding anything to the contrary in the form of Debenture attached hereto as Exhibit ABase Indenture, payment of interest will be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or, if such Person so requests and designates an account in writing to the Trustee at least five Business Days prior to the relevant Interest Payment Date, by wire transfer to such account, and provided, further, provided further that the Company, in its discretion may remove the Paying Agent and may appoint one or more additional Paying Agents (including the Company or any of its affiliates). Payments with respect to any Global Debenture Note or any Debenture Note corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units will be made by wire transfer to the Depository or in accordance with any other applicable procedures of the Depository. (b) The Debentures Notes shall be issuable in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof; provided, however, that upon the release by the Collateral Agent of Debentures Notes underlying the Pledged Applicable Ownership Interests in Debentures Notes in accordance with Section 3.15 of the Purchase Contract and Pledge Agreement, if any Holder or Beneficial Owner beneficial owner shall be entitled to receive Debentures Notes in an aggregate principal amount that is not an integral multiple of $1,000, upon request of the Purchase Contract Agent may requestAgent, on behalf of such Holder or Beneficial Ownerbeneficial owner, that the Company shall issue Debentures Notes in minimum denominations of $50, or integral multiples thereof, in exchange for Debentures Notes in minimum denominations of $1,000 or integral multiples thereof. The second sentence of Section 302 of the Base Indenture shall not apply with respect to the DebenturesNotes, and any reference in the Base Indenture to such provision shall, for purposes of the DebenturesNotes, be deemed to refer instead to this Section 2.03(b2.3(b).

Appears in 1 contract

Samples: Supplemental Indenture (Dte Energy Co)

Form and Payment; Minimum Transfer Restriction. (a) Except as provided in Section 2.042.4, the Debentures Series A Notes shall be issued in fully registered definitive form without coupons. All Debentures Series A Notes shall have identical terms. Debentures Series A Notes corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units shall be registered in the name of the Purchase Contract AgentAgent or its nominee. Principal of the Debentures Series A Notes will be payable (subject to the last sentence of this Section 2.03(a2.3(a)), the transfer of such Debentures Series A Notes will be registrable, and such Debentures Series A Notes will be exchangeable for Debentures Series A Notes of a like aggregate principal amount bearing identical terms and provisions, at the Corporate Trust Office of the Trustee; provided, however, that, except as otherwise provided in the form of Debenture Series A Note attached hereto as Exhibit A, payment of interest will be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or, if such Person so requests and designates an account in writing to the Trustee at least five Business Days prior to the relevant Interest Payment Date, by wire transfer to such account, and provided, further, that the Company, in its discretion may remove the Paying Agent and may appoint one or more additional Paying Agents (including the Company or any of its affiliates). Payments with respect to any Global Debenture Note or any Debenture Series A Note corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units will be made by wire transfer to the Depository Depositary or in accordance with any other applicable procedures of the DepositoryDepositary. (b) The Debentures Series A Notes shall be issuable in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof; provided, however, that upon the release by the Collateral Agent of Debentures Series A Notes underlying the Pledged Applicable Ownership Interests in Debentures Series A Notes in accordance with Section 3.15 of the Purchase Contract and Pledge Agreement, if any Holder or Beneficial Owner beneficial owner shall be entitled to receive Debentures Series A Notes in an aggregate principal amount that is not an integral multiple of $1,000, upon request of the Purchase Contract Agent may requestAgent, on behalf of such Holder or Beneficial Ownerbeneficial owner, that the Company shall issue Debentures Series A Notes in minimum denominations of $50, or integral multiples thereof, in exchange for Debentures Series A Notes in minimum denominations of $1,000 or integral multiples thereof. The first paragraph of Section 302 2.3 of the Base Indenture shall not apply with respect to the DebenturesSeries A Notes, and any reference in the Base Indenture to such provision shall, for purposes of the DebenturesSeries A Notes, be deemed to refer instead to this Section 2.03(b2.3(b).

Appears in 1 contract

Samples: First Supplemental Indenture (Laclede Group Inc)

Form and Payment; Minimum Transfer Restriction. (a) Except as provided in Section 2.04‎2.4, the Debentures Notes shall be issued in fully registered definitive form without coupons. All Debentures Notes shall have identical terms. Debentures Notes corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units shall be registered in the name of the Purchase Contract AgentAgent or its nominee. Principal of the Debentures Notes will be payable (subject to the last sentence of this Section 2.03(a‎2.3(a)), the transfer of such Debentures Notes will be registrable, and such Debentures Notes will be exchangeable for Debentures Notes of a like aggregate principal amount bearing identical terms and provisions, at the Corporate Trust Office of the Trustee; provided, however, provided that, except as otherwise provided notwithstanding anything to the contrary in the form of Debenture attached hereto as Exhibit ABase Indenture, payment of interest will be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or, if such Person so requests and designates an account in writing to the Trustee at least five Business Days prior to the relevant Interest Payment Date, by wire transfer to such account, and provided, further, provided further that the Company, in its discretion may remove the Paying Agent and may appoint one or more additional Paying Agents (including the Company or any of its affiliates). Payments with respect to any Global Debenture Note or any Debenture Note corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units will be made by wire transfer to the Depository Depositary or in accordance with any other applicable procedures of the DepositoryDepositary. (b) The Debentures Notes shall be issuable in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof; provided, however, provided that upon the release by the Collateral Agent of Debentures Notes underlying the Pledged Applicable Ownership Interests in Debentures Notes in accordance with Section 3.15 of the Purchase Contract and Pledge Agreement, if any Holder or Beneficial Owner beneficial owner shall be entitled to receive Debentures Notes in an aggregate principal amount that is not an integral multiple of $1,000, upon request of the Purchase Contract Agent may requestAgent, on behalf of such Holder or Beneficial Ownerbeneficial owner, that the Company shall issue Debentures Notes in minimum denominations of $50, or integral multiples thereof, in exchange for Debentures Notes in minimum denominations of $1,000 or integral multiples thereof. The second sentence of Section 302 of the Base Indenture shall not apply with respect to the DebenturesNotes, and any reference in the Base Indenture to such provision shall, for purposes of the DebenturesNotes, be deemed to refer instead to this Section 2.03(b‎2.3(b).

Appears in 1 contract

Samples: Supplemental Indenture (Dte Energy Co)

Form and Payment; Minimum Transfer Restriction. (a) Except as provided in Section 2.042.4, the Debentures Notes shall be issued in fully registered definitive form (“Definitive Notes”) without coupons. All Debentures Notes shall have identical terms. Debentures Notes corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units shall be registered in the name of the Purchase Contract AgentAgent or its nominee. Principal of the Debentures Notes will be payable (subject to the last sentence of this Section 2.03(a2.3(a)), the transfer of such Debentures Notes will be registrable, and such Debentures Notes will be exchangeable for Debentures Notes of a like aggregate principal amount bearing identical terms and provisions, at the Corporate Trust Office of the Trustee; provided, however, provided that, except as otherwise provided in the form of Debenture Note attached hereto as Exhibit A, payment of interest will be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or, if such Person so requests and designates an account in writing to the Trustee at least five Business Days prior to the relevant Interest Payment Date, by wire transfer to such account, and provided, further, provided further that the Company, in its discretion may remove the Paying Agent and may appoint one or more additional Paying Agents (including the Company or any of its affiliates). Payments with respect to any Global Debenture Note or any Debenture Note corresponding to Applicable Ownership Interests in Debentures Notes that are components of Corporate Units will be made by wire transfer to the Depository or in accordance with any other applicable procedures of the Depository. (b) The Debentures Notes shall be issuable in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof; provided, however, provided that upon the release by the Collateral Agent of Debentures Notes underlying the Pledged Applicable Ownership Interests in Debentures Notes in accordance with Section 3.15 of the Purchase Contract and Pledge Agreement, if any Holder or Beneficial Owner beneficial owner shall be entitled to receive Debentures Notes in an aggregate principal amount that is not an integral multiple of $1,000, upon request of the Purchase Contract Agent may requestAgent, on behalf of such Holder or Beneficial Ownerbeneficial owner, that the Company shall issue Debentures Notes in minimum denominations of $50, or integral multiples thereof, in exchange for Debentures Notes in minimum denominations of $1,000 or integral multiples thereof. The last sentence of the first paragraph of Section 302 201 of the Base Indenture shall not apply with respect to the DebenturesNotes, and any reference in the Base Indenture to such provision shall, for purposes of the DebenturesNotes, be deemed to refer instead to this Section 2.03(b2.3(b). (c) Pursuant to the Base Indenture, the Company hereby designates the Corporate Trust Office as the office or agency in the Place of Payment where Notes may be presented or surrendered for payment, where Notes may be surrendered for registration of transfer or exchange and where notices and demands to or upon the Company in respect of the Notes may be served.

Appears in 1 contract

Samples: First Supplemental Indenture (Anthem, Inc.)

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