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 to the Trust and held by the Property Trustee in fully registered certificated form without coupons in minimum denominations of $25 and integral multiples of $25 in excess thereof. Principal and interest on the Debentures issued in certificated form will be payable, the transfer of such Debentures will be registrable and such Debentures will be exchangeable for Debentures bearing identical terms and provisions at the principal office of the Trustee; provided, however, that payment of interest may be made at the option of the Company (i) by check mailed to the registered holder at such address as shall appear in the Register or (ii) by transfer to an account maintained by such Person as specified in such Register, provided that proper transfer instructions have been received by the preceding record date. Notwithstanding the foregoing, so long as the registered holder of any Debentures is the Property Trustee, the payment of the principal of and interest (including Additional Sums, Additional Interest and Compounded Interest, if any) on such Debentures held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee. (b) The Debentures may be transferred or exchanged only in minimum denominations of $25 and integral multiples of $25 in excess thereof; and any attempted transfer, sale or other disposition of Debentures in a denomination of less than $25 shall be deemed to be void and of no legal effect whatsoever (the foregoing restriction being the "Minimum Transfer Restriction").

Form and Payment; Minimum Transfer Restriction. (a) Except as provided in Section 2.04, the Subordinated Debentures shall be issued to the Trust and held by the Property Trustee in fully registered certificated form without coupons in minimum denominations of $25 1,000,000 in principal amount and integral multiples of $25 in excess 1,000 thereof. Principal and interest on the Subordinated Debentures issued in certificated form will be payablepayable by check or wire transfer, the transfer of such Subordinated Debentures will be registrable and such Subordinated Debentures will be exchangeable for Subordinated Debentures bearing identical terms and provisions at the principal office or agency of the Trustee; provided, however, that payment of interest may be made at the option of the Company (i) by check mailed to the registered holder Holder at such address as shall appear in the Register or (ii) by transfer to an account maintained by such Person as specified in such Register, provided that proper transfer instructions have been received by the preceding record date. Notwithstanding the foregoing, so long as the registered holder Holder of any Subordinated Debentures is the Property Trustee, the payment of the principal of and interest (including any Additional Sums, Additional Interest and Compounded Interest, if any) on such Subordinated Debentures held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee. (b) The Subordinated Debentures may be transferred or exchanged only in minimum denominations of $25 1,000,000 and integral multiples of $25 100,000 in excess thereof; , and any attempted transfer, sale or other disposition of Subordinated Debentures in a denomination of less than $25 1,000,000 shall be deemed to be void and of no legal effect whatsoever (the foregoing restriction being the "Minimum Transfer Restriction")whatsoever.

Form and Payment; Minimum Transfer Restriction. (a) Except as provided in Section 2.04, the Debentures shall be issued to the Trust and held by the Property Trustee in fully registered certificated form without coupons in minimum denominations of $25 _____ and integral multiples of $25 _____ in excess thereof. Principal and interest on the Debentures issued in certificated form will be payable, the transfer of such Debentures will be registrable and such Debentures will be exchangeable for Debentures bearing identical terms and provisions at the principal office of the Trustee; provided, however, that payment of interest may be made at the option of the Company (i) by check mailed to the registered holder at such address as shall appear in the Register or (ii) by transfer to an account maintained by such Person as specified in such Register, provided that proper transfer instructions have been received by the preceding record date. Notwithstanding the foregoing, so long as the registered holder of any Debentures is the Property Trustee, the payment of the principal of and interest (including Additional Sums, Additional Interest and Compounded Interest, if any) on such Debentures held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee. (b) The Debentures may be transferred or exchanged only in minimum denominations of $25 _____ and integral multiples of $25 _____ in excess thereof; and any attempted transfer, sale or other disposition of Debentures in a denomination of less than $25 _____ shall be deemed to be void and of no legal effect whatsoever (the foregoing restriction being the "Minimum Transfer Restriction").

Form and Payment; Minimum Transfer Restriction. (a) Except as provided in Section 2.04, the Debentures shall be issued to the Trust and held by the Property Trustee in fully registered certificated form without coupons in minimum denominations of $25 1,000 and integral multiples of $25 1,000 in excess thereof. Principal and interest on the Debentures issued in certificated form will be payable, the transfer of such Debentures will be registrable and such Debentures will be exchangeable for Debentures bearing identical terms and provisions at the principal office of the Trustee; provided, however, that payment of interest may be made at the option of the Company (i) by check mailed to the registered holder at such address as shall appear in the Register or (ii) by transfer to an account maintained by such Person as specified in such Register, provided that proper transfer instructions have been received by the preceding record date. Notwithstanding the foregoing, so long as the registered holder of any Debentures is the Property Trustee, the payment of the principal of and interest (including Additional Sums, Additional Interest and Compounded Interest, if any) on such Debentures held by the Property Trustee will be made at such place and to such account as may be designated by the Property Trustee. (b) The Debentures may be transferred or exchanged only in minimum denominations of $25 1,000 and integral multiples of $25 1,000 in excess thereof; and any attempted transfer, sale or other disposition of Debentures in a denomination of less than $25 1,000 shall be deemed to be void and of no legal effect whatsoever (the foregoing restriction being the "Minimum Transfer Restriction").