Common use of Interest and Interest Rates Clause in Contracts

Interest and Interest Rates. The rate of interest on each Note shall be 6.250% per annum, accruing from February 14, 2007, or from the most recent interest payment date (each such date, an "Interest Payment Date") to which interest has been paid or duly provided for, payable semiannually in arrears on February 15 and August 15 of each year commencing August 15, 2007 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shall be computed on the basis of the actual number of days elapsed in a 360-day year of twelve 30-day months. In the event that any date on which interest is payable on any Note is not a Business Day, then payment of interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name such Note (or one or more Predecessor Securities) is registered at the close of business on February 1 or August 1 prior to such Interest Payment Date. Any such interest installment not punctually paid or duly provided for in respect of any Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Notes not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 2 contracts

Samples: Fifth Supplemental Indenture (Berkley W R Corp), Fifth Supplemental Indenture (Berkley W R Corp)

AutoNDA by SimpleDocs

Interest and Interest Rates. The rate of interest on each Note Security shall be 6.2506.750% per annum, accruing from February 14July 26, 20072005 and, or from the most recent subject to Section 2.5 hereof, interest payment date shall be payable, in arrears, on January 30, April 30, July 30 and October 30 of each year (each such date, an "Interest Payment Date") to which interest has been paid or duly provided for), payable semiannually in arrears on February 15 and August 15 of each year commencing August 15October 30, 2007 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment2005. The amount of interest payable on any Interest Payment Date shall be computed on the basis of twelve 30-day months and a 360-day year of twelve 30and, for any period that is shorter than a full 90-day months. The amount of interest payable for any partial period shall quarter, will be computed calculated on the basis of the actual number of days elapsed in a 360-day year of twelve 30-day monthssuch period. In the event that any date on which interest is payable on any Note a Security is not a Business Day, then payment of the interest payable on such date will be made on the next succeeding day that which is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. The interest installment so payable in respect of any Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name such Note (or one or more Predecessor Securities) Security which is registered at the close of business on February 1 or August 1 prior to such Interest Payment Date. Any such interest installment not punctually paid or duly provided for in respect of on any Note Interest Payment Date shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Note (or one or more Predecessor Securities) Security is registered at the close of business on a Special the Regular Record Date for such Interest Payment Date, which, for purposes of this Supplemental Indenture No. 1, shall be the Business Day preceding such Interest Payment Date; provided, that in the event the Securities shall not continue to remain in book-entry only form, the record dates shall be the January 15, April 15, July 15 and October 15 prior to the applicable Interest Payment Date. The interest so payable on any Security which is not punctually paid or duly provided for on any Interest Payment Date shall forthwith cease to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given payable to the Holders of Person in whose name such Security is registered on the Notes not less than 10 days prior to such Special relevant Regular Record Date, and such defaulted interest shall instead be payable to the Person in whose name such Security is registered on the special record date or be paid at any time other specified date determined in any other lawful manner not inconsistent accordance with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 2 contracts

Samples: Supplemental Indenture (Berkley W R Corp), Supplemental Indenture (Berkley W R Corp)

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.2506.150% per annum, accruing from February 14November 10, 20072006, or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually in arrears on February May 15 and August November 15 of each year commencing August May 15, 2007 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a 360-day year of twelve 30-day monthsperiod. In the event that any date on which interest is payable on Interest Payment Date, Redemption Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, will be paid to the person Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on February 1 the fifteenth calendar day (whether or August 1 not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 2 contracts

Samples: Supplemental Indenture (Cigna Corp), Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. Interest on the Notes shall be payable semiannually on January 15 and July 15 of each year beginning on July 15, 2008 (each, an “INTEREST PAYMENT DATE”); PROVIDED, HOWEVER, that if an Interest Payment Date would otherwise be a day that is not a Business Day, such Interest Payment Date shall be the next succeeding Business Day, and no additional interest shall be paid in respect of such intervening period. The rate interest payable on each Interest Payment Date shall be the amount of interest on each Note shall be 6.250% per annumaccrued from January 15, accruing from February 14, 2007, 2008 or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually in arrears on February 15 and August 15 of each year commencing August 15as the case may be, 2007 until the principal thereof shall have become due and payable, and until amount of the principal thereof is Notes has been paid or duly provided for or made available for paymentfor. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year consisting of twelve 30-day months. The amount of interest rate borne by the Notes will be 6 7/8% per annum until the Notes are paid in full, plus Additional Interest, if any, payable for any partial period shall be computed on pursuant to the basis of Registration Rights Agreement and as set forth in the actual number of days elapsed in a 360-day year of twelve 30-day monthsNotes. In the event that any date on which The interest is payable on any Note which is not a Business Day, then payment of interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name such Note (or one or more Predecessor Securities) is registered at the close of business on February 1 or August 1 prior to such Interest Payment Date. Any such interest installment not punctually paid or duly provided for in respect of on any Note Interest Payment Date shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Note (or one or more Predecessor Securities) is registered at the close of business on the January 1 or July 1 (in each case, whether or not a Special Business Day), respectively, immediately preceding such Interest Payment Date (each, a “Regular Record Date”); provided that if such January 1 or July 1 is prior to the date of issuance of such Note, interest will be paid to the Person in whose name such Note is registered at the close of business on such date of issuance. Interest payable on any Note which is not punctually paid or duly provided for on any Interest Payment Date therefor shall forthwith cease to be payable to the Person in whose name such Note is registered at the close of business on the Regular Record Date or date of issuance, as the case may be, immediately preceding such Interest Payment Date, and such interest shall instead be paid to be fixed the Person in whose name such Note is registered at the close of business on the record date established for such payment by notice by or on behalf of the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Notes mailed by first-class mail not less than 10 15 days prior to such Special Record Daterecord date to their last addresses as they shall appear upon the Security register, or such record date to be paid at any time in any other lawful manner not inconsistent with less than five days preceding the requirements date of any securities exchange on which the Notes may be listed, and upon payment of such notice as may be required by such exchange, all as more fully provided in the Indenturedefaulted interest.

Appears in 1 contract

Samples: Supplemental Indenture (Tyco International LTD /Ber/)

Interest and Interest Rates. The rate of interest on each Note Security shall be 6.250[ ]% per annum, accruing from February 14[ , 20071997] and, or from the most recent subject to Section 2.5, interest payment date shall be payable, in arrears, on March 31, June 30, September 30 and December 31 of each year (each such date, an "Interest Payment Date") to which interest has been paid or duly provided for), payable semiannually in arrears on February 15 and August 15 of each year commencing August 15, 2007 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment[ ]. The amount of interest payable on any Interest Payment Date shall be computed on the basis of twelve 30-day months and a 360-day year of twelve 30and, for any period that is shorter than a full 90-day months. The amount of interest payable for any partial period shall quarter, will be computed calculated on the basis of the actual number of days elapsed in a 360-day year of twelve 30-day monthssuch period. In the event that any date on which interest is payable on any Note a Security is not a Business Day, then payment of the interest payable on such date will be made on the next succeeding day that which is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date. The interest installment so payable in respect of any Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name such Note (or one or more Predecessor Securities) Security which is registered at the close of business on February 1 or August 1 prior to such Interest Payment Date. Any such interest installment not punctually paid or duly provided for in respect of on any Note Interest Payment Date shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Note (or one or more Predecessor Securities) Security is registered at the close of business on a Special the Regular Record Date for such Interest Payment Date, which, for purposes of this Supplemental Indenture No. 3, shall be the Business Day preceding such Interest Payment Date; provided, that in the event the Securities shall not continue to remain in book-entry only Form, the record dates shall be the March 15, June 15, September 15 and December 15 prior to the applicable Interest Payment Date. The interest so payable on any Security which is not punctually paid or duly provided for on any Interest Payment Date shall forthwith cease to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given payable to the Holders of Person in whose name such Security is registered on the Notes not less than 10 days prior to such Special relevant Regular Record Date, and such defaulted interest shall instead be payable to the Person in whose name such Security is registered on the special record date or be paid at any time other specified date determined in any other lawful manner not inconsistent accordance with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (PLC Capital Trust I)

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.2506.35% per annum, accruing from February 14March 7, 20072008, or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on February March 15 and August September 15 of each year year, commencing August September 15, 2007 until the principal thereof shall have become due and payable, and 2008 until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a 360-day year of twelve 30-day monthsperiod. In the event that any date on which interest is payable on Interest Payment Date, Redemption Date, Change of Control Payment Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, will be paid to the person Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on February 1 the fifteenth calendar day (whether or August 1 not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. The rate of interest on each Note Security shall be 6.2504.875% per annum, accruing from February 14December 21, 20072004, or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually in arrears on February June 15 and August December 15 of each year commencing August June 15, 2007 2005 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shall be computed on the basis of the actual number of days elapsed in a 360-day year of twelve 30-day months. In the event that any date on which interest is payable on any 2009 Senior Note is not a Business Day, then payment of interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any NoteSecurity, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name such Note 2009 Senior Notes (or one or more Predecessor Securities) is registered at the close of business on February 1 or August 1 fifteenth calendar day prior to such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any 2009 Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Note 2009 Senior Notes (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the 2009 Senior Notes not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the 2009 Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Convergys Corp)

Interest and Interest Rates. The Notes shall bear interest at a rate of interest on each Note shall be 6.2502.484% per annumyear from May 19, accruing from February 14, 20072020, or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on February 15 May 19 and August 15 November 19 of each year year, commencing August 15November 19, 2007 until the principal thereof shall have become due and payable, and 2020 until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shorter than a full interest period shall be computed on the basis of the actual number of days elapsed in a 360-day year of twelve 30-day monthsmonths and the actual number of calendar days elapsed in a partial month in such period. In the event Any payment of principal, premium or interest required to be made on an Interest Payment Date that any date on which interest is payable on any Note is not a Business Day, then payment of interest payable on such date Day will be made on the next succeeding day Business Day, and no interest will accrue on that is a payment for the period from and after the Interest Payment Date to the date of payment on the next succeeding Business Day (and without any interest or other payment in respect of any such delay)Day. The interest installment so payable in respect of any Notepayable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, shall be paid to the person Person in whose name such Note the Notes (or one or more Predecessor Securities) is registered at the close of business on February 1 or August 1 prior to the Regular Record Date for such Interest Payment Dateinterest. Any such interest installment not so punctually paid or duly provided for in respect of any Note shall will forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person person in whose name such Note the Notes (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted InterestInterest to be fixed by the Trustee, notice whereof shall be given to the Holders of the Notes not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the said Indenture.

Appears in 1 contract

Samples: Third Supplemental Indenture (Manulife Financial Corp)

Interest and Interest Rates. The rate of interest on each Note shall be 6.2505.875% per annum, accruing from February 14, 20072003, or from the most recent interest payment date (each such date, an "Interest Payment Date") to which interest has been paid or duly provided for, payable semiannually in arrears on February 15 and August 15 of each year commencing August 15, 2007 2003 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shall be computed on the basis of the actual number of days elapsed in a 360-day year of twelve 30-day months. In the event that any date on which interest is payable on any Note is not a Business Day, then payment of interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name such Note (or one or more Predecessor Securities) is registered at the close of business on February 1 or August 1 prior to such Interest Payment Date. Any such interest installment not punctually paid or duly provided for in respect of any Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Notes not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: First Supplemental Indenture (Berkley W R Corp)

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.2505.375% per annum, accruing from February 14March 15, 2007, or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually in arrears on February March 15 and August September 15 of each year year, commencing August September 15, 2007 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a 360-day year of twelve 30-day monthsperiod. In the event that any date on which interest is payable on Interest Payment Date, Redemption Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, will be paid to the person Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on February 1 the fifteenth calendar day (whether or August 1 not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. The rate of interest on each Note shall be 6.2505.60% per annum, accruing from February 14May 9, 20072005, or from the most recent interest payment date (each such date, an "Interest Payment Date") to which interest has been paid or duly provided for, payable semiannually in arrears on February May 15 and August November 15 of each year commencing August November 15, 2007 2005 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shall be computed on the basis of the actual number of days elapsed in a 360-day year of twelve 30-day months. In the event that any date on which interest is payable on any Note is not a Business Day, then payment of interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name such Note (or one or more Predecessor Securities) is registered at the close of business on February May 1 or August November 1 prior to such Interest Payment Date. Any such interest installment not punctually paid or duly provided for in respect of any Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Notes not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Berkley W R Corp)

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.2508.50% per annum, accruing from February 14May 7, 20072009, or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on February 15 May 1 and August 15 November 1 of each year year, commencing August 15November 1, 2007 until the principal thereof shall have become due and payable, and 2009 until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a 360-day year of twelve 30-day monthsperiod. In the event that any date on which interest is payable on Interest Payment Date, Redemption Date, Change of Control Payment Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, will be paid to the person Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on February 1 the fifteenth calendar day (whether or August 1 not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. The rate of interest on each Note Security shall be 6.2507.000 % per annum, accruing from February 14May 17, 20072006, or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually in arrears on February 15 June 1 and August 15 December 1 of each year commencing August 15December 1, 2007 2006 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shall be computed on the basis of the actual number of days elapsed in a 360-day year of twelve 30-day months. In the event that any date on which interest is payable on any 2016 Senior Note is not a Business Day, then payment of interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any NoteSecurity, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name such Note 2016 Senior Notes (or one or more Predecessor Securitiespredecessor securities) is registered at the close of business on February 1 or August 1 the fifteenth calendar day prior to such Interest Payment Date (the “Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any 2016 Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Note 2016 Senior Notes (or one or more Predecessor Securitiespredecessor securities) is registered at the close of business on a Special Record Date special record date to be fixed by the Company and the Trustee for the payment of such Defaulted Interestdefaulted interest, notice whereof shall be given to the Holders of the 2016 Senior Notes not less than 10 days prior to such Special Record Datespecial record date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the 2016 Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Dean Foods Co/)

Interest and Interest Rates. The rate of interest on each 2021 Note shall be 6.2504.500% per annum, accruing from February 14March 7, 20072011, or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on February March 15 and August September 15 of each year year, commencing August September 15, 2007 until the principal thereof shall have become due and payable, and 2011 until the principal thereof is paid or made available for payment. The rate of interest on each 2041 Note shall be 5.875% per annum, accruing from March 7, 2011, or from the most recent Interest Payment Date to which interest has been paid or duly provided for for, payable semi-annually in arrears on March 15 and September 15 of each year, commencing September 15, 2011 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a 360-day year of twelve 30-day monthsperiod. In the event that any date on which interest is payable on Interest Payment Date, Redemption Date, Change of Control Payment Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, will be paid to the person Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on February 1 the fifteenth calendar day (whether or August 1 not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

AutoNDA by SimpleDocs

Interest and Interest Rates. The rate of interest on each Note shall be 6.2506.150% per annum, accruing from February 14August 24, 20072004, or from the most recent interest payment date (each such date, an "Interest Payment Date") to which interest has been paid or duly provided for, payable semiannually in arrears on February 15 and August 15 of each year commencing August February 15, 2007 2005 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shall be computed on the basis of the actual number of days elapsed in a 360-day year of twelve 30-day months. In the event that any date on which interest is payable on any Note is not a Business Day, then payment of interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name such Note (or one or more Predecessor Securities) is registered at the close of business on February 1 or August 1 prior to such Interest Payment Date. Any such interest installment not punctually paid or duly provided for in respect of any Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Notes not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Third Supplemental Indenture (Berkley W R Corp)

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.2504.375% per annum, accruing from February 14December 8, 20072010, or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on February June 15 and August December 15 of each year year, commencing August June 15, 2007 until the principal thereof shall have become due and payable, and 2011 until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a 360-day year of twelve 30-day monthsperiod. In the event that any date on which interest is payable on Interest Payment Date, Redemption Date, Change of Control Payment Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, will be paid to the person Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on February 1 the fifteenth calendar day (whether or August 1 not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.2503.250% per annum, accruing from February 14March 20, 20072015, or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on February April 15 and August October 15 of each year year, commencing August on October 15, 2007 until the principal thereof shall have become due and payable, and 2015 until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a 360-day year of twelve 30-day monthsperiod. In the event that any date on which interest is payable on Interest Payment Date, Redemption Date, Change of Control Payment Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, will be paid to the person Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on February April 1 or August 1 prior to October 1, as the case may be (in each case, whether or not a Business Day), next preceding such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. The rate of interest on each 2018 Senior Note shall be 6.2509.750% per annum, accruing from February 14December 16, 20072010, or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on February June 15 and August December 15 of each year commencing August June 15, 2007 2011 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shall be computed on the basis of the actual number of days elapsed in a 360-day year of twelve 30-day months. In the event that any date on which interest is payable on any 2018 Senior Note is not a Business Day, then payment of interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any 2018 Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name such 2018 Senior Note (or one or more Predecessor Securitiespredecessor securities) is registered at the close of business on February June 1 or August December 1 (whether or not a Business Day), as the case may be, prior to such Interest Payment Date (the “Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any 2018 Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such 2018 Senior Note (or one or more Predecessor Securitiespredecessor securities) is registered at the close of business on a Special Record Date special record date to be fixed by the Company and the Trustee for the payment of such Defaulted Interestdefaulted interest, notice whereof shall be given to the Holders of the 2018 Senior Notes not less than 10 days prior to such Special Record Datespecial record date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the 2018 Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Original Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Dean Foods Co)

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.2505.125% per annum, accruing from February 14May 17, 20072010, or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on February June 15 and August December 15 of each year year, commencing August December 15, 2007 until the principal thereof shall have become due and payable, and 2010 until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a 360-day year of twelve 30-day monthsperiod. In the event that any date on which interest is payable on Interest Payment Date, Redemption Date, Change of Control Payment Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, will be paid to the person Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on February 1 the fifteenth calendar day (whether or August 1 not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. The rate of interest on each Note Security shall be 6.2507 7/8% per annum, accruing from February 14May 1, 20072000, or from the most recent interest payment date (each such date, an "Interest Payment Date") to which interest has been paid or duly provided for, payable semiannually in arrears on February 15 May 1 and August 15 November 1 of each year commencing August 15November 1, 2007 2000 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shall be computed on the basis of the actual number of days elapsed in a 360-day year of twelve 30-day months. In the event that any date on which interest is payable on any Note Security is not a Business Day, then payment of interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). A "Business Day" shall mean any day, other than a Saturday or Sunday, on which banks in the City of New York and Boston, Massachusetts are not required by law to close. The interest installment so payable in respect of any NoteSecurity, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, be paid to the person in whose name such Note Security (or one or more Predecessor Securities) is registered at the close of business on February 1 the April 15 or August 1 October 15 prior to such Interest Payment Date. Any such interest installment not punctually paid or duly provided for in respect of any Note Security shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Note Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Notes this series of Securities not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Notes Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Fifth Supplemental Indenture (Allstate Corp)

Interest and Interest Rates. The rate of interest on each Note --------------------------- Security shall be 6.2507.45% per annum, accruing from February 14October 26, 20072001 and, or from the most recent subject to Section 2.5, interest payment date shall be payable, quarterly in arrears, on January 2, April 1, July 1 and October 1 of each year (each such date, an "Interest Payment Date") to which interest has been paid or duly provided for), payable semiannually in arrears commencing January 2, 2002. The rate of any Additional Interest that shall accrue on February 15 and August 15 of each year commencing August 15, 2007 until Security shall be at the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for paymentsame rate per annum. The amount of interest payable on for any Interest Payment Date period shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shall be computed on the basis of the actual number of days elapsed in a 360-day year of twelve 30-day months. In the event that any date on which interest is payable on any Note a Security is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that which is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date such payment was originally payable. The interest installment so payable in respect of any Notepayable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, shall be paid to the person Person in whose name such Note Security (or one or more Predecessor Securities) is registered at the close of business on February 1 or August 1 prior to the Regular Record Date for such interest installment, which shall be the close of business on the Business Day next preceding such Interest Payment Date. Any such The interest installment so payable on any Security which is not punctually paid or duly provided for in respect of on any Note Interest Payment Date shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Note Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted InterestInterest to be fixed by the Trustee, notice whereof shall be given to the Holders of the Notes Securities not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Notes Securities may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Hartford Financial Services Group Inc/De)

Interest and Interest Rates. The rate of interest on each 2027 Note shall be 6.2503.050% per annum, accruing from February September 14, 20072017, or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on February April 15 and August October 15 of each year year, commencing August on April 15, 2007 until the principal thereof shall have become due and payable, and 2018 until the principal thereof is paid or made available for payment. The rate of interest on each 2047 Note shall be 3.875% per annum, accruing from September 14, 2017, or from the most recent Interest Payment Date to which interest has been paid or duly provided for for, payable semi-annually in arrears on April 15 and October 15 of each year, commencing on April 15, 2018 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a 360-day year of twelve 30-day monthsperiod. In the event that any date on which interest is payable on Interest Payment Date, Redemption Date, Change of Control Payment Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, will be paid to the person Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on February April 1 or August 1 prior to October 1, as the case may be (in each case, whether or not a Business Day), next preceding such Interest Payment Date (the "Regular Record Date"). Any such interest installment not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. The Notes shall bear interest at a rate of interest on each Note shall be 6.2503.703% per annumyear from March 16, accruing from February 14, 20072022, or from the most recent interest payment date (each such date, an "Interest Payment Date") Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on February 15 March 16 and August 15 September 16 of each year year, commencing August 15September 16, 2007 until the principal thereof shall have become due and payable, and 2022 until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any partial period shorter than a full interest period shall be computed on the basis of the actual number of days elapsed in a 360-day year of twelve 30-day monthsmonths and the actual number of calendar days elapsed in a partial month in such period. In the event Any payment of principal, premium or interest required to be made on an Interest Payment Date that any date on which interest is payable on any Note is not a Business Day, then payment of interest payable on such date Day will be made on the next succeeding day Business Day, and no interest will accrue on that is a payment for the period from and after the Interest Payment Date to the date of payment on the next succeeding Business Day (and without any interest or other payment in respect of any such delay)Day. The interest installment so payable in respect of any Notepayable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture, shall be paid to the person Person in whose name such Note the Notes (or one or more Predecessor Securities) is registered at the close of business on February 1 or August 1 prior to the Regular Record Date for such Interest Payment Dateinterest. Any such interest installment not so punctually paid or duly provided for in respect of any Note shall will forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person person in whose name such Note the Notes (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Company and the Trustee for the payment of such Defaulted InterestInterest to be fixed by the Trustee, notice whereof shall be given to the Holders of the Notes not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the said Indenture.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Manulife Financial Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!