Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 or September 10 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 5 contracts
Samples: Second Supplemental Indenture (Bunge Global SA), Second Supplemental Indenture (Bungeltd), Supplemental Indenture (Bungeltd)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company Issuer will pay interest (and Additional Interest, if any) on the Notes (except Defaulted Interestdefaulted interest) to the Persons who are person in whose name this Note is registered Holders of Notes at the close of business on the March 10 April 1 or September 10 next October 1 immediately preceding the relevant Interest Payment Date (each a “Regular Record Date”) (other than with respect to a Note or portion thereof called for redemption on a Redemption Date, or repurchased in connection with a Change of Control on a repurchase date during the period from the close of business on a Regular Record Date to (but excluding) the next succeeding Interest Payment Date, in which case accrued interest payment date even (and Additional Interest, if Notes are cancelled, any) shall be payable (unless such Note or portion thereof is converted) to the holder of this Note or portion thereof redeemed or repurchased in accordance with the applicable redemption or redeemed after repurchase provisions of the record date and on or before the interest payment dateIndenture). Holders must surrender Notes to a Paying Agent to collect principal payments. The Company Issuer will pay principalthe principal of, premium, if any, and interest (including Additional Interest, if any) on the Notes at the office or agency of the Issuer maintained for such purpose, in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in Until otherwise designated by the succeeding two sentencesIssuer, the principal of and premium, if any, and interest on the Notes shall be payable at the Issuer’s office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency will be the principal Corporate Trust Office of the Company Trustee (as defined below). However, the Issuer may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including pay principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes interest (including principal, premiumAdditional Interest, if any) by check payable in such money, and interest) held by a Holder may mail such check to the holders of the Notes at least U.S.$1,000,000 aggregate principal amount their respective addresses as set forth in the Register of holders of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)Registrar.
Appears in 4 contracts
Samples: Indenture (Nortel Networks Corp), Indenture (Nortel Networks LTD), Indenture (Nortel Networks Corp)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyand interest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding April 15 and October 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuer maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 4 contracts
Samples: Indenture (Epicor International Holdings, Inc.), Indenture (Kinetic Concepts Inc), Indenture (Kinetic Concepts Inc)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note Security is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company Issuer will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes Securities at the close of business on the March 10 February 15 or September 10 August 15 next preceding the interest payment date even if Notes Securities are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes Securities to a Paying Agent to collect principal payments. The Company Issuer will pay principal, premium, if any, principal and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes Securities represented by a Global Note Security (including principal, premium, if any, and interest) will be made by wire the transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments The Issuer will make all payments in respect of Notes represented by a Definitive Notes Security (including principal, premium, if any, and interest) held by mailing a check to the registered address of each Holder thereof; provided, however, that payments on the Securities may also be made, in the case of a Holder of at a least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes will be made Securities, by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 4 contracts
Samples: Indenture (Hanover Compressor Co /), Indenture (Hanover Compressor Co /), Security Agreement (Hanover Compressor Co /)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest on this Security (except Defaulted Interestdefaulted interest) to the Persons who are registered Holders of Notes this Security at the close of business on the March 10 or September 10 record date next preceding the interest payment date Interest Payment Date, even if Notes are cancelled, repurchased or redeemed this Security is canceled after the such record date and on or before the interest payment datesuch Interest Payment Date. Holders The Holder must surrender Notes this Security to a Paying Agent to collect payments of principal paymentsand premium, if any. The Company will pay principal, the principal of and premium, if any, and Additional Amounts, if any, and interest on this Security in money of the [United States of America] that at the time of payment is legal tender for payment of public and private debts. Except as described Payments in respect of the succeeding two sentencesSecurities represented by a Global Security (including principal, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premiumAdditional Amounts, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments The Company will make all payments in respect of Notes represented by Definitive Notes a certificated Security (including principal, premium, if any, Additional Amounts, if any, and interest) held at the Corporate Trust Office of the Trustee or at the office or agency of the Paying Agent maintained for such purpose in The City of New York or, at its option, by mailing a check to the registered address of each Holder of at least U.S.$1,000,000 aggregate principal amount of Notes thereof; provided, however, that payments on a certificated Security will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the [United States States] if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).] [If the Security is not to bear interest prior to Maturity, insert — The principal of this Security shall not bear interest except in the case of a default in payment of principal upon acceleration, upon redemption or at Maturity and in such case the overdue principal of this Security shall bear interest at the rate of % per annum (to the extent that the payment of such interest shall be legally enforceable), which shall accrue from the date of such default in payment to the date payment of such principal has been made or duly provided for. Interest on any overdue principal shall be payable on demand. Any such interest on any overdue principal that is not so paid on demand shall bear interest at the rate of % per annum (to the extent that the payment of such interest shall be legally enforceable), which shall accrue from the date of such demand for payment to the date payment of such interest has been made or duly provided for, and such interest shall also be payable on demand.]
Appears in 4 contracts
Samples: Indenture (Nabors Industries Inc), Indenture (Nabors Industries Inc), Indenture (Nabors Industries Inc)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 February 1 or September 10 August 1 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 4 contracts
Samples: Second Supplemental Indenture (Bungeltd), Second Supplemental Indenture (Bunge Global SA), Supplemental Indenture (Bungeltd)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 February 2 or September 10 August 2 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 4 contracts
Samples: Supplemental Indenture (Bungeltd), Second Supplemental Indenture (Bunge Global SA), First Supplemental Indenture (Bungeltd)
Method of Payment. By at least 10:00 a.m. (a.m., New York City time) , on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, principal and/or interest. The Company will pay interest (except Defaulted Interest) on the applicable Interest Payment Date to the Persons who are registered Holders of Notes at the close of business on the March 10 or September 10 next Record Date preceding the interest payment date Interest Payment Date even if Notes are cancelledcanceled, repurchased or redeemed after the record date Record Date and on or before the interest payment daterelevant Interest Payment Date, except as provided in Section 2.13 of the Base Indenture (as defined below) with respect to Defaulted Interest. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, principal and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterU.S. Legal Tender. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, principal and interest) will be made by wire the transfer of immediately available funds to the account accounts specified by DTC. The Depository Trust Company. Payments Company will make all payments in respect of Notes represented by Definitive Notes a Certificated Note (including principal, premium, if any, principal and interest) held by mailing a check to the registered address of each registered Holder thereof as set forth in the Note Register; provided, however, that payments on the Notes may also be made, in the case of a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes will be made Notes, by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 4 contracts
Samples: Fifth Supplemental Indenture (MDC Partners Inc), Credit Agreement (MDC Partners Inc), Third Supplemental Indenture (MDC Partners Inc)
Method of Payment. By at least 10:00 a.m. (New York City time) The Issuer shall pay interest on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest Notes (except Defaulted Interestdefaulted interest) to the Persons who are registered Holders of Notes holders at the close of business on the [March 10 or 15], [June 15], [September 10 next 15] and [December 15] (each a “Record Date”) immediately preceding the interest payment date Interest Payment Date even if Notes are cancelled, repurchased or redeemed canceled after the record date Record Date and on or before the interest payment dateInterest Payment Date (whether or not a Business Day). Holders must surrender Notes to a the Paying Agent to collect principal payments. The Company will Issuer shall pay principal, premium, if any, and interest in money of the United States of America that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of the Notes represented by a Global Note (including principal, premium, if any, and interest) will shall be made by wire transfer of immediately available funds to the account accounts specified by DTC or any successor depository. The Depository Trust Company. Payments Issuer shall make all payments in respect of Notes represented by a Definitive Notes Note (including principal, premium, if any, and interest) held at the office of the Paying Agent, except that, at the option of the Issuer, payment of interest may be made by mailing a Holder check to the registered address of at least U.S.$1,000,000 aggregate principal amount of each holder thereof; provided, however, that payments on the Notes will may also be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). At all times, PIK Interest on the Notes will be payable: (i) with respect to Notes represented by one or more Global Notes registered in the name of, or held by, DTC (or any successor depositary) or its nominee on the relevant record date, by increasing the principal amount of the outstanding Global Notes, effective as of the applicable interest payment date, by an amount equal to the amount of PIK Interest for the applicable interest period (rounded up to the nearest whole dollar) (“PIK Payment”) at the request of the Issuers to authenticate or increase the Global Note and (ii) with respect to Definitive Notes, if any, by issuing PIK Notes in certificated form, dated as of the applicable interest payment date, in an aggregate principal amount equal to the amount of PIK Interest for the applicable interest period (rounded up to the nearest whole dollar), and the Trustee will, at the request of the Issuers, authenticate and deliver such PIK Notes in certificated form for original issuance to the holders on the relevant Record Date, as shown by the records of the register of holders.
Appears in 4 contracts
Samples: Third Supplemental Indenture (Sunnova Energy International Inc.), Second Supplemental Indenture (Sunnova Energy International Inc.), Third Supplemental Indenture (Sunnova Energy International Inc.)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 October 30 or September 10 April 29 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 4 contracts
Samples: Second Supplemental Indenture (Bungeltd), Second Supplemental Indenture (Bunge Global SA), Supplemental Indenture (Bungeltd)
Method of Payment. By at least 10:00 a.m. (New York City time) The Company shall pay interest on the date on which any principal of Dollar Notes (except defaulted interest) and premiumAdditional Interest, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 or September 10 May 1 and November 1 next preceding the interest payment date even if Dollar Notes are cancelled, repurchased or redeemed canceled after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will shall pay principal, premium, if any, and interest in money of the United States of America that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of the Dollar Notes represented by a Global Dollar Note (including principal, premium, if any, interest and interestAdditional Interest, if any) will shall be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depositary. Payments The Company will make all payments in respect of Notes represented by Definitive Notes a certificated Dollar Note (including principal, premium, if any, interest and interest) held Additional Interest, if any), at the office of each Paying Agent, except that, at the option of the Company, payment of interest and Additional Interest, if any, may be made by mailing a check to the registered address of each Holder thereof; provided, however, that payments on the Dollar Notes may also be made, in the case of a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes will be made Dollar Notes, by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the a Paying Agent to such effect designating such account no later than 15 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 3 contracts
Samples: Indenture (Daramic, LLC), Indenture (Polypore International, Inc.), Indenture (Polypore International, Inc.)
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest interest, on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyinterest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding February 1 and August 1 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuer maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the third to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar Dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 3 contracts
Samples: Indenture (Carvana Co.), Indenture (Carvana Co.), Indenture (Carvana Co.)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company Issuers will pay interest (except Defaulted Interestdefaulted interest) on the principal amount of the Notes on each May 1 and November 1 to the Persons who are registered Holders of Notes (as reflected in the Register at the close of business on the March 10 or September 10 next April 15 and October 15 immediately preceding the interest payment date Interest Payment Date), in each case, even if Notes are cancelledthe Note is canceled on registration of transfer or registration of exchange after such Regular Record Date; provided that, repurchased or redeemed after with respect to the record date and payment of principal, the Issuers will make payment to the Holder that surrenders this Note to any Paying Agent on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsafter May, 2011. The Company Issuers will pay principal, premium, if any, and interest and Liquidated Damages, if any, in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described debts (other than interest payable in the succeeding two sentences, the principal form of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterAdditional Dividend Notes). Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interestinterest and Liquidated Damages, if any) will in respect of the Notes represented by the Global Notes, the Holders of which have given wire transfer instructions on or prior to the relevant record date, shall be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust Companythe Global Note Holder. Payments in With respect to Physical Notes, the Issuers will make all payments of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of interest and Liquidated Damages, if any, at least U.S.$1,000,000 aggregate principal amount of ---------- /2/ Include only for Initial Note(and Additional Dividend Notes will be made by wire transfer to a U.S. dollar account issued in respect thereof). the office or agency maintained by the payee with Issuers for such purposes in The City of New York or, at the Issuers's option, by mailing a bank in check to each such Holder's registered address. If a payment date is a date other than a Business Day, payment may be made at that place on the United States if next succeeding day that is a Business Day and no interest shall accrue on such Holder elects payment by wire transfer by giving written notice to accrued interest for the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)intervening period.
Appears in 3 contracts
Samples: Indenture (Equistar Chemicals Lp), Indenture (Lyondell Chemical Co), Indenture (Equistar Funding Corp)
Method of Payment. By at least 10:00 a.m. (New York City time) The Company shall pay interest on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest Securities (except Defaulted Interestdefaulted interest) to the Persons who are registered Holders of Notes Securities at the close of business on the March 10 or 26, June 25, September 10 25 and December 26 next preceding the interest payment date even if Notes such Securities are cancelled, repurchased or redeemed canceled after the record date and on or before the interest payment date. Holders must surrender Notes Securities to a Paying Agent to collect principal payments. The Company will shall pay principal, premium, if any, principal and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes the Securities represented by a Global Note Security (including principal, premium, if any, premium and interest) will shall be made by wire transfer of immediately available funds to the account accounts specified by the Depositary. The Depository Trust Company. Payments Company shall make all payments in respect of Notes represented by Definitive Notes a certificated Security (including principal, premium, if any, premium and interest) held by mailing a check to the registered address of each Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will thereof; provided, however, that payments on a certificated Security shall be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). Notwithstanding the foregoing and subject to and as provided in Section 2.11 of the Indenture are insufficient to pay interest on the Securities in cash, the Company may elect to pay any such shortfall by increasing the principal amount of this Security or issuing new Securities in accordance with Section 2.02 of the Indenture. The Company must elect the form of interest payment by delivering a notice to the Trustee on or before the third Business Day prior to the Interest Payment Date, a copy of which shall promptly be forwarded by the Trustee to the Holders. On any Interest Payment Date with respect to which the Company has elected to pay interest by increasing the principal amount of this Security, the principal amount of this Security shall be so increased.
Appears in 3 contracts
Samples: Rule 144a Security Agreement (Mbia Inc), Subordinated Indenture (Mbia Inc), Rule 144a Security Agreement (Mbia Inc)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 [ ] or September 10 [ ] next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 3 contracts
Samples: Indenture (Bunge Limited Finance Corp), Indenture (Bunge LTD), Indenture (Bunge Limited Finance Corp)
Method of Payment. By at least 10:00 a.m. (New York City timea) on On each Payment Date, the date on which Trustee shall, or shall instruct a Paying Agent to, pay, subject to Section 3.6, to the extent of the Available Collections Amount for such Payment Date and any funds withdrawn from the Interest Reserve Account or the Capital Account by the Trustee pursuant to Section 3.7, to the Noteholders all interest, principal of and premiumPremium, if any, or interest on each class of Notes in the amounts determined by the Calculation Agent pursuant to Section 3.4; provided, that payment on a Temporary Regulation S Global Note shall be made to the Noteholder thereof only in conformity with Section 2.5(c). Each payment on any Payment Date other than the final payment with respect to any class of Notes shall be made by the Trustee or Paying Agent to the Noteholders as of the Record Date for such Payment Date. The final payment with respect to any class of Notes, however, shall be made only upon presentation and surrender of such Note is due and payableby the Noteholder or its agent at an office or agency of the Trustee or Paying Agent in New York City.
(b) At such time, if any, as the Company Notes of any class are issued in the form of Definitive Notes, payments on a Payment Date shall irrevocably deposit with be made by the Trustee or the Paying Agent money sufficient by check mailed to pay each Noteholder of a Definitive Note on the applicable Record Date at its address appearing on the Register maintained with respect to such principalclass of Notes. Alternatively, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) upon application in writing to the Persons who are registered Holders of Notes Trustee, not later than the applicable Record Date, by a Noteholder holding Definitive Notes, any such payments shall be made by wire transfer to an account designated by such Noteholder at the close of business on the March 10 or September 10 next preceding the interest payment date even if Notes are cancelleda financial institution in New York City; provided, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principalthat, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentenceseach case, the principal final payment for any class of and premium, if any, and interest on the Notes shall be payable made only upon presentation and surrender of the Definitive Notes of such class by the Noteholder or its agent at the an office or agency of the Company maintained for such purpose Trustee or Paying Agent in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterYork City. Payments in respect of the Notes represented by a Global Note (including principal, premiumPremium, if any, and interest) will shall be made by wire transfer of immediately available funds to the account specified by DTC.
(c) The Depository Trust Company. Payments beneficial owner of a Temporary Regulation S Global Note may arrange to receive payments through Euroclear or Clearstream on such Temporary Regulation S Global Note only after delivery by such beneficial owner to Euroclear or Clearstream, as the case may be, of a written certification substantially in the form of Exhibit G and upon delivery by Euroclear or Clearstream, as the case may be, to the Paying Agent of a certification or certifications substantially in the form of Exhibit H. No interest shall be paid to any beneficial owner and no interest shall be paid to Euroclear or Clearstream on such beneficial owner’s interest in a Temporary Regulation S Global Note unless Euroclear or Clearstream, as the case may be, has provided such a certification to the Paying Agent with respect to such interest.
(d) To the extent that the full Interest Amount due on the Notes is not paid in full on any Payment Date and funds are deposited into the Collection Account or the Capital Account following such Payment Date but prior to the third Business Day prior to the succeeding Calculation Date, at the written direction of the Issuer (and, in the case of the Capital Account, the Equityholder), only to the extent of Dollars on deposit in the Collection Account and, if directed by the Issuer and the Equityholder, the Capital Account, notwithstanding anything to the contrary in this Indenture, the Trustee shall use such funds (subject to the requirement in Section 3.7 that such a withdrawal shall be made from the Capital Account in respect of Notes represented not more than six Payment Dates in total and not more than three consecutive Payment Dates) to pay to the Noteholders of record the overdue Interest Amount; provided, that all Expenses with respect to such preceding Payment Date contemplated by Definitive Notes Section 3.6(a)(ii) and all Expenses for which the Issuer has previously submitted supporting documentation pursuant to and as contemplated by Section 3.6(c), in each case, shall have been paid. With each such payment, the Trustee shall make available a brief statement to Noteholders eligible to access Distribution Reports indicating the aggregate amount of funds received and the balance of overdue interest (including principalan interest thereon) to which any such payment is being applied. Any such payment of overdue Interest Amount shall be made to the Noteholders of record as of the third Business Day preceding the date of each such payment. Any funds that are deposited on or after the third Business Day prior to the succeeding Calculation Date shall be held in the Collection Account or the Capital Account, premium, if anyas applicable, and interestapplied in accordance with this Indenture on the succeeding Payment Date.
(e) held by The payment of any Interest Amount in respect of a Holder of at least U.S.$1,000,000 aggregate principal amount class of Notes will on a particular Payment Date shall be deemed allocated first to any unpaid Interest Amount due prior to such Payment Date (together with Additional Interest thereon) and second to any Interest Amount due on such Payment Date.
(f) If the Final Legal Maturity Date with respect to the Original Class A Notes and any Additional Class A Notes is not a Business Day, the payment scheduled to be made by wire transfer to a U.S. dollar account maintained by on such Final Legal Maturity Date shall be made on the payee with a bank in succeeding Business Day without the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)of Additional Interest.
Appears in 3 contracts
Samples: Indenture (Alexza Pharmaceuticals Inc.), Indenture (Alexza Pharmaceuticals Inc.), Indenture (Alexza Pharmaceuticals Inc.)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 June 1 or September 10 December 1 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 3 contracts
Samples: Indenture (Bunge LTD), Indenture (Bunge LTD), Indenture (Bunge LTD)
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest interest, on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyinterest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the preceding March 10 15 and September 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuer maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the third to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar Dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 3 contracts
Samples: Indenture (Carvana Co.), Indenture (Carvana Co.), Indenture (Carvana Co.)
Method of Payment. By at least 10:00 a.m. (New York City time) time on the Business Day prior to the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, principal and/or interest. The Company Issuer will pay interest (except Defaulted Interest) on the applicable Interest Payment Date to the Persons who are registered Holders of Notes at the close of business on the March 10 or September 10 next Record Date preceding the interest payment date Interest Payment Date even if Notes are cancelledcanceled, repurchased or redeemed after the record date Record Date and on or before the interest payment daterelevant Interest Payment Date, except as provided in Section 2.13 of the Indenture with respect to Defaulted Interest. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company Issuer will pay principal, premium, if any, principal and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterU.S. Legal Tender. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, principal and interest) will be made by wire the transfer of immediately available funds to the account accounts specified by DTC. The Depository Trust Company. Payments Issuer will make all payments in respect of Notes represented by Definitive Notes a Certificated Note (including principal, premium, if any, principal and interest) held by mailing a check to the registered address of each registered Holder thereof as set forth in the Note Register; provided, however, that payments on the Notes may also be made, in the case of a Holder of at least U.S.$1,000,000 U.S.$10,000,000 aggregate principal amount of Notes will be made Notes, by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 10 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 3 contracts
Samples: Indenture (Cemex Sab De Cv), Indenture (Cemex Sab De Cv), Indenture (Cemex Sab De Cv)
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest interest, on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyinterest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding February 1 and August 1 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuer maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the third to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar Dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date or a Redemption Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 3 contracts
Samples: Indenture (Reynolds Group Holdings LTD), Indenture (Dun & Bradstreet Holdings, Inc.), Indenture (Dun & Bradstreet Holdings, Inc.)
Method of Payment. By at least 10:00 a.m. no later than noon (New York City time) on the date on which any principal of and of, premium, if any, or interest on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premiumpremium and interest when due. Interest on any Note which is payable, if anyand is timely paid or duly provided for, and/or interest. The Company will pay interest (except Defaulted Interest) on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the preceding March 10 1 or September 10 next preceding 1, as applicable, at the interest payment date even if Notes are cancelled, repurchased office or redeemed after agency of the record date and on or before Issuer maintained for such purpose pursuant to Section 2.3 of the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 fifteen (15) days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (Community Health Systems Inc), Indenture (Community Health Systems Inc)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or and interest on any Note is due and payable, the Company Issuers shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyinterest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding February 1 and August 1 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes Issuers maintained for such purpose pursuant to a Paying Agent to collect principal paymentsSection 2.3 of this Indenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuers maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuers as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (Acelity L.P. Inc.), Security Agreement (Acelity L.P. Inc.)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest on the Notes (except Defaulted defaulted interest) and Additional Interest) , if any, to the Persons who are registered Holders of Notes at the close of business on the March 10 or 1 and September 10 1 next preceding the interest payment date Interest Payment Date, even if such Notes are cancelled, repurchased or redeemed canceled after the such record date and on or before such Interest Payment Date, except as provided in Section 2.12 of the Indenture with respect to defaulted interest. Any such installment of interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premiumor Additional Interest, if any, not punctually paid or duly provided for shall forthwith cease to be payable to the registered Holders on such Interest Payment Date, and may be paid to the registered Holders at the close of business on a special interest payment date to be fixed by the Trustee for the payment of such defaulted interest, notice whereof shall be given to the registered Holders not less than 10 days prior to such special interest payment date, or may 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. The Notes will be payable as to principal, Redemption Price, Purchase Price, interest and Additional Interest, if any, at the office or agency of the Company maintained for such purpose within or without the City and State of New York, or, at the option of the Company. Payment of interest and Additional Interest may be made by check mailed to the Holders at their addresses set forth in the register of Holders, provided that payment by wire transfer of immediately available funds will be required with respect to principal, Redemption Price and Purchase Price of, and interest and Additional Interest (if any) on, all Global Notes and all other Notes the Holders of which shall have provided wire transfer instructions to the Trustee or the Paying Agent ten days prior to the Record Date. Such payment shall be in money such coin or currency of the United States that of America as at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 2 contracts
Samples: Indenture (Newark Group Inc), Global Note (Newark Group Inc)
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest interest, on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyinterest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the preceding March 10 15 and September 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuer maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the third to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date or a Redemption Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (Owens & Minor Inc/Va/), Indenture (Owens & Minor Inc/Va/)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest (including Additional Amounts, if any) on any Note is due and payable, the Company Issuers shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premiumpremium and interest (including Additional Amounts, if any) when due. Interest (including Additional Amounts, and/or interest. The Company will pay interest (except Defaulted Interestif any) on any Note which is payable, and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding January 1 and July 1 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuers maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest (including Additional Amounts, if any) on the Notes shall be payable at the office or agency of the Company Paying Agent or Registrar designated by the Issuers maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuers as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interestinterest (including Additional Amounts, if any)) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interestinterest (including Additional Amounts, if any)) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (Restaurant Brands International Inc.), Indenture (Restaurant Brands International Limited Partnership)
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest on or Additional Interest, if any, on, any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interestinterest and Additional Interest, if any. The Company will pay interest (except Defaulted Interest) and Additional Interest, if any, to the Persons who are registered Holders of Notes at the close of business on the March 10 June 1 or September 10 December 1 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premiumprincipal and interest and Additional Interest, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in If a Holder has given wire transfer instructions to the succeeding two sentencesCompany, the principal of Company will, or if the Company is not then the Paying Agent, the Company will cause the Paying Agent to, pay all principal, interest, Additional Interest, if any, and premium, if any, on that Holder's Notes in accordance with the instructions; all other payments of the principal of (and premium, if any), interest and Additional Interest, if any, on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the Company, each installment of interest and Additional Interest, if any, may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interestinterest and Additional Interest, if any) will be made by wire the transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 2 contracts
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest on the Notes (except Defaulted defaulted interest) and Additional Interest) , if any, to the Persons who are registered Holders of Notes at the close of business on the March 10 or September 10 January 15th and the July 15th next preceding the interest payment date Interest Payment Date, even if such Notes are cancelled, repurchased or redeemed canceled after the such record date and on or before such Interest Payment Date, except as provided in Section 2.12 of the Indenture with respect to defaulted interest. Any such installment of interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premiumor Additional Interest, if any, not punctually paid or duly provided for shall forthwith cease to be payable to the registered Holders on such Interest Payment Date, and may be paid to the registered Holders at the close of business on a special interest payment date to be fixed by the Trustee for the payment of such defaulted interest, notice whereof shall be given to the registered Holders not less than 15 days prior to such special interest payment date, or may 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. The Notes will be payable as to principal, Redemption Price, Purchase Price, interest and Additional Interest, if any, at the office or agency of the Company maintained for such purpose within or without the City and State of New York, or, at the option of the Company, payment of interest and Additional Interest may be made by check mailed to the Holders at their addresses set forth in the register of Holders, provided that payment by wire transfer of immediately available funds will be required with respect to principal, Redemption Price and Purchase Price of, and interest and Additional Interest (if any) on, all Global Notes and all other Notes the Holders of which shall have provided wire transfer instructions to the Trustee or the Paying Agent. Such payment shall be in money such coin or currency of the United States that of America as at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 2 contracts
Samples: Indenture (Davis-Standard CORP), Indenture (Davis-Standard CORP)
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest interest, on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyinterest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding January 15 and July 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Company maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar Dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (GCP Applied Technologies Inc.), Indenture (W R Grace & Co)
Method of Payment. By at least 10:00 a.m. (New York City time) The Company shall pay interest on the date on which any principal of Notes (except defaulted interest) and premiumAdditional Interest, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 or September 10 December 15 and June 15 next preceding the interest payment date Interest Payment Date, even if such Notes are cancelled, repurchased or redeemed canceled after the such record date and on or before such Interest Payment Date, except as provided in Section 2.12 of the Indenture with respect to defaulted interest. Any such installment of interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premiumor Additional Interest, if any, not punctually paid or duly provided for shall forthwith cease to be payable to the registered Holders on such Interest Payment Date, and may be paid to the registered Holders at the close of business on a special interest payment date to be fixed by the Trustee for the payment of such defaulted interest, notice whereof shall be given to the registered Holders not less than 10 days prior to such special interest payment date, or may 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. The Notes will be payable as to principal, Redemption Price, Purchase Price, interest and Additional Interest, if any, at the office or agency of the Company maintained for such purpose within or without the City and State of New York, or, at the option of the Company, payment of interest and Additional Interest may be made by check mailed to the Holders at their addresses set forth in the register of Holders, provided that payment by wire transfer of immediately available funds will be required with respect to principal, Redemption Price and Purchase Price of, and interest and Additional Interest (if any) on, all Global Notes and all other Notes the Holders of which shall have provided wire transfer instructions to the Trustee or the Paying Agent. Such payment shall be in money such coin or currency of the United States that of America as at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 2 contracts
Samples: Indenture (Mobile Mini Inc), Indenture (Mobile Mini Inc)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest and Additional Interest, if any, on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, interest (including Additional Interest, if any) when due. Interest and Additional Interest, if any, and/or interest. The Company will pay interest (except Defaulted Interest) on any Note which is payable, and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more predecessor Notes) is registered Holders of Notes at the close of business on the preceding March 10 15 and September 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuer maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest and Additional Interest, if any, on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Agent maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, thatthat each installment of interest and Additional Interest, if any, may be paid (i) at the option of the CompanyPaying Agent, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) by wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, interest and interestAdditional Interest, if any) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, interest and interestAdditional Interest, if any) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (Churchill Downs Inc), Indenture (Cott Corp /Cn/)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest or Additional Interest, if any, on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, and interest and Additional Interest, if any, and/or interestwhen due. The Company will pay interest (except Defaulted Interest) Interest on any Note which is payable, and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding January 15 or September 10 next preceding July 15, as applicable, at the interest payment date even if Notes are cancelled, repurchased office or redeemed after agency of the record date and on or before Issuer maintained for such purpose pursuant to Section 2.3 of the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest (and Additional Interest, if any) on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interestinterest and Additional Interest, if any) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interestinterest and Additional Interest, if any) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in 3 In the United States if such Holder elects payment by wire transfer by giving written notice to case of Notes issued on the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)Issue Date.
Appears in 2 contracts
Samples: Indenture (Community Health Systems Inc), Indenture (Community Health Systems Inc)
Method of Payment. By at least 10:00 a.m. no later than 12:00 p.m. (New York City Eastern time) on the date on which any principal of and of, premium, if any, or interest interest, on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyinterest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding February 15 and August 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Company maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (Builders FirstSource, Inc.), Indenture (Builders FirstSource, Inc.)
Method of Payment. By at least 10:00 a.m. no later than noon (New York City time) on the date on which any principal of and of, premium, if any, or interest on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premiumpremium and interest when due. Interest on any Note which is payable, if anyand is timely paid or duly provided for, and/or interest. The Company will pay interest (except Defaulted Interest) on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding February 1 or September 10 next preceding August 1, as applicable, at the interest payment date even if Notes are cancelled, repurchased office or redeemed after agency of the record date and on or before Issuer maintained for such purpose pursuant to Section 2.3 of the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 fifteen (15) days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (Community Health Systems Inc), Indenture (Community Health Systems Inc)
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest interest, on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyinterest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding February 15 and August 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Company maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (Builders FirstSource, Inc.), Indenture (Builders FirstSource, Inc.)
Method of Payment. By at least 10:00 a.m. no later than noon (New York City time) on the date on which any principal of and of, premium, if any, or interest on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premiumpremium and interest when due. Interest on any Note which is payable, if anyand is timely paid or duly provided for, and/or interest. The Company will pay interest (except Defaulted Interest) on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding January 1 or September 10 next preceding July 1, as applicable, at the interest payment date even if Notes are cancelled, repurchased office or redeemed after agency of the record date and on or before Issuer maintained for such purpose pursuant to Section 2.3 of the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 fifteen (15) days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (Community Health Systems Inc), Indenture (Community Health Systems Inc)
Method of Payment. By at least 10:00 a.m. (New York City time) The Issuer shall pay interest on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest Notes (except Defaulted Interestdefaulted interest) to the Persons who are registered Holders of Notes holders at the close of business on the [March 10 or 15], [June 15], [September 10 next 15] and [December 15] (each a “Record Date”) immediately preceding the interest payment date Interest Payment Date even if Notes are cancelled, repurchased or redeemed canceled after the record date Record Date and on or before the interest payment dateInterest Payment Date (whether or not a Business Day). Holders must surrender Notes to a the Paying Agent to collect principal payments. The Company will Issuer shall pay principal, premiumpremium (including the cash value of any IPO Redemption Premium), if any, and interest in money of the United States of America that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of the Notes represented by a Global Note (including principal, premium, if any, and interest) will shall be made by wire transfer of immediately available funds to the account accounts specified by DTC or any successor depository. The Depository Trust Company. Payments Issuer shall make all payments in respect of Notes represented by a Definitive Notes Note (including principal, premium, if any, and interest) held at the office of the Paying Agent, except that, at the option of the Issuer, payment of interest may be made by mailing a Holder check to the registered address of at least U.S.$1,000,000 aggregate principal amount of each holder thereof; provided, however, that payments on the Notes will may also be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). At all times, PIK Interest on the Notes will be payable: (i) with respect to Notes represented by one or more Global Notes registered in the name of, or held by, DTC (or any successor depositary) or its nominee on the relevant record date, by increasing the principal amount of the outstanding Global Notes, effective as of the applicable interest payment date, by an amount equal to the amount of PIK Interest for the applicable interest period (rounded up to the nearest whole dollar) (“PIK Payment”) at the request of the Issuers to authenticate or increase the Global Note and (ii) with respect to Definitive Notes, if any, by issuing PIK Notes in certificated form, dated as of the applicable interest payment date, in an aggregate principal amount equal to the amount of PIK Interest for the applicable interest period (rounded up to the nearest whole dollar), and the Trustee will, at the request of the Issuers, authenticate and deliver such PIK Notes in certificated form for original issuance to the holders on the relevant Record Date, as shown by the records of the register of holders.
Appears in 2 contracts
Samples: Fourth Supplemental Indenture (Sunnova Energy International Inc.), Fourth Supplemental Indenture (Sunnova Energy International Inc.)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 or September 10 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a the relevant Paying Agent to collect principal payments. The Company will Issuers shall pay principal, premium, if any, Applicable Amounts, if any, and interest and Additional Interest, if any, in money of the United States of America that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principalPrincipal, premium, if any, Additional Amounts, if any, interest and interest) Additional Interest, if any, on the Global Notes will be payable at the specified office or agency of one or more Paying Agents; provided that all such payments with respect to Notes represented by one or more Global Notes registered in the name of or held by a nominee of DTC will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Companythe Holder or Holders thereof. Payments in respect of Notes represented by Definitive Notes (including principalPrincipal, premium, if any, Additional Amounts, if any, interest and interest) held Additional Interest, if any, on any Definitive Notes will be payable at the specified office or agency of one or more Paying Agents in New York, maintained for such purposes. In addition, interest on the Definitive Notes may be paid by check mailed to the person entitled thereto as shown on the register for the Definitive Notes; provided, however, that cash payments on the Notes may also be made, in the case of a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes will be made Notes, by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States of America if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If the due date for any payment in respect of any Note is not a Business Day at the place in which such payment is due to be paid, the Holder thereof will not be entitled to payment of the amount due until the next succeeding Business Day at such place, and will not be entitled to any further interest or other payment as a result of any such delay.
Appears in 2 contracts
Samples: Senior Secured Indenture (NXP Manufacturing (Thailand) Co., Ltd.), Senior Unsecured Indenture (NXP Manufacturing (Thailand) Co., Ltd.)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note Security is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interestinterest when due. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes Securities at the close of business on the March 10 April 15 or September 10 October 15 next preceding the interest payment date even if Notes Securities are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes Securities to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, principal and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and of, premium, if any, and interest on the Notes Securities shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes Securities represented by a Global Note Security (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments in respect of Notes Securities represented by Definitive Notes Securities (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes Securities represented by Definitive Securities will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 2 contracts
Samples: Indenture (Stanley Works), Indenture (Black & Decker Corp)
Method of Payment. By at least 10:00 a.m. no later than 12:30 p.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or or interest. The Company will shall pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 1 or September 10 next 1 immediately preceding the interest payment date even if the Notes are cancelled, cancelled or repurchased or redeemed after the record date Regular Record Date and on or before the interest payment dateInterest Payment Date. Holders must surrender the Notes to a Paying Agent to collect principal payments. The Company will shall pay principalprincipal of, premium, if any, and interest on the Notes in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentencesThe Company shall pay principal of, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of designated by the Company, each installment of interest may be paid by check mailed to addresses which is initially the corporate trust office of the Persons entitled thereto as such addresses Trustee in Minneapolis, Minnesota. The Company shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principalpay principal of, premium, if any, and interest) will be made interest on the Global Notes registered in the name of or held by wire transfer of the Depositary or its nominee in immediately available funds to the account specified by Depositary or its nominee, as the case may be, as the registered holder of such Global Note. The Depository Trust Company. Payments Company shall make all payments in respect of a Definitive Note by mailing a check to the registered address of each Holder thereof as such address shall appear on the Security Registrar’s books; provided, however, that payments on the Notes represented by Definitive Notes may also be made, in the case of a Holder of at least $1,000,000 aggregate principal amount of Notes represented by Definitive Notes (including principalNotes, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding in accordance with the relevant due date for payment (or such other date as terms of the Trustee may accept in its discretion)Indenture.
Appears in 2 contracts
Samples: First Supplemental Indenture (Diamondback Energy, Inc.), Supplemental Indenture (Diamondback Energy, Inc.)
Method of Payment. By at least 10:00 a.m. no later than noon (New York City time) on the date on which any principal of and of, premium, if any, or interest on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premiumpremium and interest when due. Interest on any Note which is payable, if anyand is timely paid or duly provided for, and/or interest. The Company will pay interest (except Defaulted Interest) on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding June 15 or September 10 next preceding December 15, as applicable, at the interest payment date even if Notes are cancelled, repurchased office or redeemed after agency of the record date and on or before Issuer maintained for such purpose pursuant to Section 2.3 of the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 fifteen (15) days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (Community Health Systems Inc), Indenture (Community Health Systems Inc)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 1 or September 10 1 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 2 contracts
Samples: Indenture (Bunge LTD), Indenture (Bunge LTD)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 April 15 or September 10 October 15 next preceding the interest payment date Interest Payment Date even if Notes are cancelled, repurchased or redeemed after the record date Regular Record Date and on or before the interest payment dateInterest Payment Date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, principal and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described Payments in the succeeding two sentencesrespect of Notes represented by a Global Security (including principal, the principal of and premium, if any, and interest on interest) will be made by the Notes transfer of immediately available funds to the accounts specified by The Depository Trust Company. The Company shall be payable make all payments in respect of a Definitive Security (including principal, premium, if any, and interest) at the office or agency of the Company maintained for such purpose in The City of New York, if any, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note Register or (including principal, premium, if any, and interestii) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar an account maintained by the payee with a bank located in the United States if such Holder elects payment maintained by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)payee.
Appears in 2 contracts
Samples: Second Supplemental Indenture (Berry Petroleum Co), First Supplemental Indenture (Berry Petroleum Co)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest on the Notes (except Defaulted Interestdefaulted interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 or September 10 January 15 and July 15 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed canceled after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, and interest on the Notes in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentencesPrincipal, the principal of and premium, if any, and interest on the Notes shall will be payable at the office or agency of the Company maintained for such purpose in The City within the United States of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, thatAmerica or, at the option of the Company, each installment payment of interest may be paid made by check mailed to the Holders at their respective addresses set forth in the register of Holders; provided, however, that all payments of principal, premium and interest with respect to Notes the Holders of which have given wire transfer instructions to the Company will be required to be made by wire transfer of immediately available funds to the accounts specified by the Holders thereof. Until otherwise designated by the Company, the Company’s office or agency in the United States of America will be the corporate trust office of the Persons entitled thereto as Trustee maintained for such addresses purpose, which shall appear on the Note Registerinitially be 0000 Xxxx Xxxxxxxxx Xxxxxx, Xxxxx 0000, Xxxxxxx, Xxxxxxx 00000. Payments in respect of the Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by the Depository. The Depository Trust Company. Payments Company will make all payments in respect of Notes represented by Definitive Notes a certificated Note (including principal, premium, if any, premium and interest) held by mailing a check to the registered address of each Holder of at least U.S.$1,000,000 aggregate principal amount of Notes thereof; provided, however, that payments on a certificated Note will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 2 contracts
Samples: Indenture (Pra Group Inc), Indenture (Pra Group Inc)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or The Issuer shall pay interest on any this Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interestdefaulted interest) to the Persons persons who are registered Holders of Notes this Note at the close of business on the March 10 or September 10 Record Date for the next preceding the interest payment date Interest Payment Date even if Notes are cancelled, repurchased or redeemed this Note is cancelled after the record date Record Date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsInterest Payment Date. The Company will Issuer shall pay principal, premium, if any, principal and interest in money of the United States U.S. dollars in immediately available funds that at the time of payment is legal tender for payment of public and private debts; provided, however, that payment of interest may be made at the option of the Issuer by check mailed to the Holder. Except The amount of payments in respect of interest on each Interest Payment Date shall correspond to the aggregate principal amount of Notes represented by the Regulation S Global Note and the Restricted Global Note, as described in established by the succeeding two sentencesRegistrar at the close of business on the relevant Record Date. Payments of principal shall be made upon surrender of the Regulation S Global Note and the Restricted Global Note to the Paying Agent. If a Holder has given wire transfer instructions to the Issuer at least 10 Business Days prior to the applicable payment date, the principal of Issuer will pay all principal, interest and premium, if any, and interest on the that Holder’s Notes shall in accordance with those instructions. All other payments on Notes will be payable made at the office or agency of the Company maintained for such purpose in The Paying Agent and Registrar within the City and State of New York, or at such other office or agency of York unless the Company as may be maintained for such purpose pursuant Issuer elects to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of make interest may be paid payments by check mailed to the Holders at their addresses set forth in the register of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect Holders; provided that all payments of Notes represented by a Global Note (including principal, premium, if any, and interest) , with respect to the Global Notes registered in the name of or held by DTC or its nominee and will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)DTC.
Appears in 2 contracts
Samples: Indenture (FTS International, Inc.), Indenture (FTS International, Inc.)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest (including Additional Amounts, if any) on any Note is due and payable, the Company Issuers shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premiumpremium and interest (including Additional Amounts, if any) when due. Interest (including Additional Amounts, and/or interest. The Company will pay interest (except Defaulted Interestif any) on any Note which is payable, and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the preceding March 10 15 and September 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuers maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest (including Additional Amounts, if any) on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuers maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuers as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interestinterest (including Additional Amounts, if any)) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interestinterest (including Additional Amounts, if any)) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (Burger King Worldwide, Inc.), Indenture (New Red Canada Partnership)
Method of Payment. By at least 10:00 a.m. (no later than 11:00 a.m., New York City time) , on the date on which any principal of and of, premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyand interest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding April 15 and October 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Company maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company maintained for such purpose in The City of New York(which shall initially be the Corporate Trust Office maintained for such purpose), or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the third to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar Dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date or a Redemption Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (loanDepot, Inc.), Indenture (loanDepot, Inc.)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest on and Special Interest, if any, with respect to, the Securities (except Defaulted Interestdefaulted interest and interest on defaulted principal) to the Persons persons who are registered Holders of Notes Securities at the close of business on the March 10 or September 10 Record Date set forth on the face of this Security next preceding the applicable Interest Payment Date. Defaulted interest payment date even if Notes are cancelled, repurchased or redeemed after and interest on defaulted principal will be paid by the record date and on or before Company in accordance with the interest payment dateapplicable provisions of the Indenture. Holders must surrender Notes Securities to a Paying Agent to collect principal payments. The Company will pay principal, premiuminterest and Special Interest, if any, at the office or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York and interest at any other office or agency maintained by the Company for such purpose in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, that at the option of the Company, each installment payment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premiumand Special Interest, if any, with respect to, the Securities may be by check payable in such money and interest) will be made by wire transfer of immediately available funds mailed to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principala Holder's registered address; provided further, premiumhowever, if any, and interest) held by that payments on a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes certificated Security will be made by wire transfer to a U.S. dollar account maintained by the payee a Holder with a bank in the United States New York City if such Holder owns at least $250,000 in aggregate principal amount of certificated Securities and elects payment by wire transfer by giving written notice to the Company and the Trustee or the Paying Agent to such effect designating such account no later than 15 10 days immediately preceding the relevant due date for payment (or such other date as the Company and the Trustee may accept in its their discretion). If a payment date is a legal holiday at a place of payment, payment may be made at that place on the next succeeding Business Day, and no interest shall accrue for the intervening period.
Appears in 2 contracts
Samples: Indenture (Trans World Airlines Inc /New/), Indenture (Trans World Airlines Inc /New/)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest (including Additional Amounts, if any) on any Note is due and payable, the Company Issuers shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premiumpremium and interest (including Additional Amounts, if any) when due. Interest (including Additional Amounts, and/or interest. The Company will pay interest (except Defaulted Interestif any) on any Note which is payable, and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding April 1 and October 1 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuers maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest (including Additional Amounts, if any) on the Notes shall be payable at the office or agency of the Company Paying Agent or Registrar designated by the Issuers maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuers as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interestinterest (including Additional Amounts, if any)) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interestinterest (including Additional Amounts, if any)) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (Restaurant Brands International Limited Partnership), Indenture (Restaurant Brands International Inc.)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) on the principal amount of the Securities as provided above on each Interest Payment Date, commencing May 1, 2010, to the Persons who persons which are registered Holders of Notes (as reflected in the Register at the close of business on the March 10 April 15 or September 10 next October 15 immediately preceding the interest payment date Interest Payment Date), in each case, even if Notes the Securities are cancelledcanceled on registration of transfer or registration of exchange after such record date; provided that, repurchased or redeemed after with respect to the record date and on or before payment of principal, the interest Company will make payment date. Holders must surrender Notes to the Holder that surrenders this Security to a Paying Agent to collect principal paymentson or after November 1, 2021. The Company will pay principal, premium, if any, interest and Additional Interest, if any, in U.S. Dollars. If a payment date is a date other than a Business Day at a place of payment, payment may be made at that place on the next succeeding day that is a Business Day and no interest in money of shall accrue for the United States that at the time of payment is legal tender for payment of public and private debtsintervening period. Except as described in the succeeding two sentencesPrincipal of, the principal of and premium, if any, interest and interest on the Notes shall Additional Interest, if any, on, Definitive Securities will be payable payable, and Definitive Securities may be presented for registration of transfer or exchange, at the office or agency of the Company maintained for such purpose in The City of New Yorkpurpose. Principal of, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, and premium, if any, interest and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premiumAdditional Interest, if any, and interest) held on, Global Securities will be payable by a the Company through the Trustee to the Book-Entry Depositary in immediately available funds. Holders of Definitive Securities will be entitled to receive interest payments by wire transfer in immediately available funds if appropriate wire transfer instructions have been received in writing by the Trustee not less than 15 days prior to the applicable Interest Payment Date. Such wire instructions, upon receipt by the Trustee, shall remain in effect until revoked by such Holder. If wire instructions have not been received by the Trustee with respect to any Holder of at least U.S.$1,000,000 aggregate principal amount a Definitive Security, payment of Notes will interest may be made by wire transfer check in immediately available funds mailed to a U.S. dollar account such Holder at the address set forth upon the Register maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)Registrar.
Appears in 2 contracts
Samples: Indenture (Navistar International Corp), Indenture (Navistar, Inc.)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 November 1 or September 10 May 1 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, principal and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, premium and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 2 contracts
Samples: Indenture (Bunge LTD), Indenture (Bunge LTD)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (and Liquidated Damages, if any) on the Convertible Subordinated Notes (except Defaulted Interestdefaulted interest) to the Persons who are Person in whose name each Convertible Subordinated Note is registered Holders of Notes at the close of business on the March 10 May 15 or September 10 next November 15 immediately preceding the relevant Interest Payment Date (each a "Regular Record Date") (other than with respect to a Convertible Subordinated Note or portion thereof called for redemption on a Redemption Date, or repurchased in connection with a Designated Event on a repurchase date, during the period from the close of business on a Regular Record Date to (but excluding) the next succeeding Interest Payment Date, in which case accrued interest payment date even (and Liquidated Damages, if Notes are cancelled, any) shall be payable (unless such Convertible Subordinated Note or portion thereof is converted) to the holder of the Convertible Subordinated Note or portion thereof redeemed or repurchased in accordance with the applicable redemption or redeemed after repurchase provisions of the record date and on or before the interest payment dateIndenture). Holders Holder must surrender Convertible Subordinated Notes to a Paying Agent to collect principal payments. The Company will pay principalthe principal of, premium, if any, and interest (including Liquidated Damages, if any) on the Convertible Subordinated Notes at the office or agency of the Company maintained for such purpose, in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in Until otherwise designated by the succeeding two sentencesCompany, the principal of and premium, if any, and interest on the Notes shall be payable at the Company's office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency will be the principal Corporate Trust Office of the Trustee (as defined below). However, the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including pay principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes interest (including principal, premiumLiquidated Damages, if any) by check payable in such money, and interest) held by a Holder may mail such check to the holders of the Convertible Subordinated Notes at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank their respective addresses as set forth in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)Register of holders of Convertible Subordinated Notes.
Appears in 2 contracts
Samples: Indenture (Amkor Technology Inc), Indenture (Amkor Technology Inc)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, interest or interest Additional Interest, if any, on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyinterest and Additional Interest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding April 15 and October 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuer maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest (and Additional Interest, if any) on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, interest and interestAdditional Interest, if any) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, interest and interestAdditional Interest, if any) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (Epicor International Holdings, Inc.), Indenture (Epicor Software Corp)
Method of Payment. By at least 10:00 a.m. no later than noon (New York City time) on the date on which any principal of and of, premium, if any, or interest on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premiumpremium and interest when due. Interest on any Note which is payable, if anyand is timely paid or duly provided for, and/or interest. The Company will pay interest (except Defaulted Interest) on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the preceding March 10 15 or September 10 next preceding 15, as applicable, at the interest payment date even if Notes are cancelled, repurchased office or redeemed after agency of the record date and on or before Issuer maintained for such purpose pursuant to Section 2.3 of the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 fifteen (15) days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 2 contracts
Samples: Indenture (Community Health Systems Inc), Indenture (Community Health Systems Inc)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note Security is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes Securities at the close of business on the March 10 February 15 or September 10 August 15 next preceding the interest payment date even if Notes Securities are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes Securities to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, principal and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes Securities shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes Securities represented by a Global Note Security (including principal, premium, if any, premium and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments in respect of Notes Securities represented by Definitive Notes Securities (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes Securities represented by Definitive Securities will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 2 contracts
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest and Additional Interest, if any, on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, interest (including Additional Interest, if any) when due. Interest and Additional Interest, if any, and/or interest. The Company will pay interest (except Defaulted Interest) on any Note which is payable, and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding December 15 and June 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuer maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest and Additional Interest, if any, on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Agent maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, thatthat each installment of interest and Additional Interest, if any, may be paid (i) at the option of the CompanyPaying Agent, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) by wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, interest and interestAdditional Interest, if any) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, interest and interestAdditional Interest, if any) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 1 contract
Samples: Indenture (Cott Corp /Cn/)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest or Additional Interest, if any, on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, and interest and Additional Interest, if any, and/or interestwhen due. The Company will pay interest (except Defaulted Interest) Interest on any Note which is payable, and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding April 1 or September 10 next preceding October 1, as applicable, at the interest payment date even if Notes are cancelled, repurchased office or redeemed after agency of the record date and on or before Issuer maintained for such purpose pursuant to Section 2.3 of the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest (and Additional Interest, if any) on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interestinterest and Additional Interest, if any) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interestinterest and Additional Interest, if any) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar Dollar account maintained by the payee with a bank in 3 To be updated, if applicable, in the United States if such Holder elects payment by wire transfer by giving written notice to case of Notes issued after the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)Issue Date.
Appears in 1 contract
Samples: Indenture (Quorum Health Corp)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest (including Additional Amounts, if any) on any Note is due and payable, the Company Issuers shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premiumpremium and interest (including Additional Amounts, if any) when due. Interest (including Additional Amounts, and/or interest. The Company will pay interest (except Defaulted Interestif any) on any Note which is payable, and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding February 1 and August 1 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuers maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest (including Additional Amounts, if any) on the Notes shall be payable at the office or agency of the Company Paying Agent or Registrar designated by the Issuers maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuers as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interestinterest (including Additional Amounts, if any)) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interestinterest (including Additional Amounts, if any)) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment 3 In the case of Notes issued on the Issue Date.
Appears in 1 contract
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest on the Notes (except Defaulted Interestdefaulted interest) on the applicable Interest Payment Date to the Persons who are registered Holders of Notes at the close of business on the March 10 or September 10 next June 1 and December 1 preceding the interest payment date Interest Payment Date (whether or not a Business Day), even if such Notes are cancelled, repurchased or redeemed cancelled after the such record date and on or before such Interest Payment Date, except as provided in Section 2.12 of the interest payment dateIndenture with respect to defaulted interest. Holders must surrender If a Holder has given written wire transfer instructions to the Trustee at least 10 Business Days prior to the applicable Interest Payment Date, the Company will make all payments of principal, premium and interest, on such Holder’s Notes by wire transfer of immediately available funds to a the account specified in those instructions. Otherwise, payments on the Notes will be made at the office or agency of the Trustee or Paying Agent unless the Company elects to collect principal paymentsmake interest payments by check mailed to the Holders at their addresses set forth in the register of Holders. The Company will pay principal, premium, if any, and interest Such payment shall be in money such coin or currency of the United States that of America as at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the Any payments of principal of this Note prior to Stated Maturity shall be binding upon all future Holders of this Note and premiumof any Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof, if any, whether or not noted hereon. The final principal amount due and interest on payable at the Notes maturity of this Note shall be payable only upon presentation and surrender of this Note at the an office or agency of the Company maintained Trustee or the Trustee’s agent appointed for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Registerpurposes. Payments in respect of Global Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)Depositary.
Appears in 1 contract
Samples: Indenture (Group 1 Automotive Inc)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest on the Notes (except Defaulted Interestdefaulted interest) to the Persons who are registered Holders holders of Notes at the close of business on the March 10 February 1 or September 10 August 1 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed canceled after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, and interest on the Notes in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentencesPrincipal, the principal of and premium, if any, and interest on the Notes shall will be payable at the office or agency of the Company maintained for such purpose in The within the City and State of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, thatYork or, at the option of the Company, each installment payment of interest may be paid made by check mailed to addresses the Holders of the Persons entitled thereto as Notes at their respective addresses set forth in the register of Holders of Notes; provided, however, that all payments of principal, premium and interest with respect to Notes the Holders of which have given wire transfer instructions to the Company will be required to be made by wire transfer of immediately available funds to the accounts specified by the Holders thereof. Until otherwise designated by the Company, the Company’s office or agency in the City and State of New York will be the office of the Trustee maintained for such addresses purpose, which shall appear on the Note Registerinitially be 100 Xxxx Xxxxxx, Xxxxx 0000, Xxx Xxxx, XX 00000, Attention: Corporate Trust Department. Payments in respect of the Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by the Depository. The Depository Trust Company. Payments Company will make all payments in respect of Notes represented by Definitive Notes a certificated Note (including principal, premium, if any, premium and interest) held by mailing a check to the registered address of each Holder of at least U.S.$1,000,000 aggregate principal amount of Notes thereof; provided, however, that payments on a certificated Note will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). --------------------------------------------------------------------- 5 To be included only if there is a Registration Rights Agreement (as defined in the Appendix) applicable to this Note and subject to modification as necessary to reflect the terms of such Registration Rights Agreement, if any.
Appears in 1 contract
Samples: Indenture (Credit Acceptance Corp)
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest on or Special Interest, if any, on, any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interestinterest and Special Interest, if any. The Company will pay interest (except Defaulted Interest) and Special Interest, if any, to the Persons who are registered Holders of Notes at the close of business on the March 10 May 1 or September 10 November 1 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premiumprincipal and interest and Special Interest, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in If a Holder has given wire transfer instructions to the succeeding two sentencesCompany, the principal of Company will, or if the Company is not then the Paying Agent, the Company will cause the Paying Agent to, pay all principal, interest, Special Interest, if any, and premium, if any, on that Holder’s Notes in accordance with the instructions; all other payments of the principal of (and premium, if any), interest and Special Interest, if any, on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the Company, each installment of interest and
1 For Exchange Notes, replace November 15, 2007 with the first interest payment date for the Additional Notes to be exchanged for the Exchange Notes as shall be established in the Board of Director’s resolutions specified in Section 2.1(a) of the Indenture.
2 For Exchange Notes, replace April 30, 2007 with the issue date for the Additional Notes to be exchanged for the Exchange Notes as shall be established in the Board of Director’s resolutions specified in Section 2.1(a) of the Indenture. Special Interest, if any, may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interestinterest and Special Interest, if any) will be made by wire the transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 1 contract
Samples: Indenture (Mariner Energy Inc)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest interest, if any, on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyand interest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding April 15 and October 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuer maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the Corporate Trust Office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest, if any) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest, if any) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 1 contract
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) on the principal amount of the Notes as provided above on each Interest Payment Date, commencing November 15, 1999, to the Persons who persons which are registered Holders of Notes (as reflected in the Register at the close of business on the March 10 May 1 or September 10 next November 1 immediately preceding the interest payment date Interest Payment Date), in each case, even if Notes are cancelledthe Note is cancelled on registration of transfer or registration of exchange after such record date; provided that, repurchased or redeemed after with respect to the record date and on or before payment of principal, the interest Company will make payment date. Holders must surrender Notes to the Holder that surrenders this Note to a Paying Agent to collect principal paymentson or after May 15, 2009. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in If a payment date is a date other than a Business Day at a place of payment, payment may be made at that place on the next succeeding two sentencesday that is a Business Day and no interest shall accrue for the intervening period. Principal of, the principal of and premium, if any, and interest on the on, Physical Notes shall will be payable payable, and Physical Notes may be presented for registration of transfer or exchange, at the office or agency of the Company maintained for such purpose in The City of New Yorkpurpose. Principal of, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, and premium, if any, and interest) interest on, Global Notes will be payable by the Company through the Trustee to the Depositary in immediately available funds. Holders of Physical Notes will be entitled to receive interest payments by wire transfer in immediately available funds if appropriate wire transfer instructions have been received in writing by the Trustee not less than 15 days prior to the applicable Interest Payment Date. Such wire instructions, upon receipt by the Trustee, shall remain in effect until revoked by such Holder. If wire instructions have not been received by the Trustee with respect to any Holder of a Physical Note, payment of interest may be made by wire transfer of check in immediately available funds mailed to such Holder at the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account address set forth upon the Register maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)Registrar.
Appears in 1 contract
Samples: Indenture (Lear Corp /De/)
Method of Payment. By at least 10:00 a.m. no later than 12:30 p.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or or interest. The Company will shall pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 April 3 or September 10 next October 3 immediately preceding the interest payment date even if the Notes are cancelled, cancelled or repurchased or redeemed after the record date Regular Record Date and on or before the interest payment dateInterest Payment Date. Holders must surrender the Notes to a Paying Agent to collect principal payments. The Company will shall pay principalprincipal of, premium, if any, and interest on the Notes in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentencesThe Company shall pay principal of, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of designated by the Company, each installment of interest may be paid by check mailed to addresses which is initially the corporate trust office of the Persons entitled thereto as such addresses Trustee in St. Xxxx, Minnesota. The Company shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principalpay principal of, premium, if any, and interest) will be made interest on the Global Notes registered in the name of or held by wire transfer of the Depositary or its nominee in immediately available funds to the account specified by Depositary or its nominee, as the case may be, as the registered holder of such Global Note. The Depository Trust Company. Payments Company shall make all payments in respect of a Definitive Note by mailing a check to the registered address of each Holder thereof as such address shall appear on the Security Registrar’s books; provided, however, that payments on the Notes represented by Definitive Notes may also be made, in the case of a Holder of at least $1,000,000 aggregate principal amount of Notes represented by Definitive Notes (including principalNotes, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding in accordance with the relevant due date for payment (or such other date as terms of the Trustee may accept in its discretion)Indenture.
Appears in 1 contract
Samples: Second Supplemental Indenture (Diamondback Energy, Inc.)
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and (or if prior to April 15, 2016, the Accreted Value) of, premium, if any, or interest on any Note is due and payable, the Company Issuers shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principalprincipal (or if prior to April 15, premium2016, if anythe Accreted Value), and/or interestpremium or interest when due. The Company will pay Cash interest (except Defaulted Interest) on any Note which is payable, and is timely paid or duly provided for, on any interest payment date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding April 1 and October 1 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuers maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principalprincipal (or if prior to April 15, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences2016, the principal Accreted Value) of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuers maintained for such purpose in The City of New York, the United States or at such other office or agency of the Company Issuers as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyIssuers, each installment the principal (or if prior to April 15, 2016, the Accreted Value) of (and premium, if any) and interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principalprincipal (or if prior to April 15, 2016, the Accreted Value), premium, if any, and interest) will shall be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee Company or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)any successor depository.
Appears in 1 contract
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note Security is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interestinterest when due. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes Securities at the close of business on the March 10 May 15 or September 10 November 15 next preceding the interest payment date even if Notes Securities are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes Securities to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, principal and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and of, premium, if any, and interest on the Notes Securities shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes Securities represented by a Global Note Security (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments in respect of Notes Securities represented by Definitive Notes Securities (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes Securities represented by Definitive Securities will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 1 contract
Samples: Indenture (Stanley Works)
Method of Payment. By at least 10:00 a.m. no later than 12:30 p.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest on any 2033 Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or or interest. The Company will shall pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 January 1 or September 10 next July 1 immediately preceding the interest payment date even if the 2033 Notes are cancelled, cancelled or repurchased or redeemed after the record date Regular Record Date and on or before the interest payment dateInterest Payment Date. Holders must surrender the 2033 Notes to a Paying Agent to collect principal payments. The Company will shall pay principalprincipal of, premium, if any, and interest on the 2033 Notes in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentencesThe Company shall pay principal of, the principal of and premium, if any, and interest on the 2033 Notes shall be payable at the office or agency designated by the Company, which is initially the corporate trust office of the Company maintained for such purpose Trustee in The City of New York, or at such other office or agency of the New York. The Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principalpay principal of, premium, if any, and interest) will be made interest on the Global Notes registered in the name of or held by wire transfer of the Depositary or its nominee in immediately available funds to the account specified by Depositary or its nominee, as the case may be, as the registered holder of such Global Note. The Depository Trust Company. Payments Company shall make all payments in respect of a Certificated Note by mailing a check to the registered address of each Holder thereof as such address shall appear on the Security Registrar’s books; provided, however, that payments on the 2033 Notes represented by Definitive Certificated Notes (including principalmay also be made, premium, if any, and interest) held by in the case of a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of 2033 Notes will be made represented by Certificated Notes, by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice request to the Company and the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding in accordance with the relevant due date for payment (or such other date as terms of the Trustee may accept in its discretion)Indenture.
Appears in 1 contract
Method of Payment. By at least 10:00 a.m. (New York City time) The Company shall pay interest on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest Notes (except Defaulted Interestdefaulted interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 _________ or September 10 __________ next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed canceled after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will shall pay principal, premiumpremium and interest, if any, and interest in money of the United States of America that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, thatthat interest of up to 12% per annum may, at the option Company's election, be paid, on each of the Companyfirst four regularly scheduled Interest Payment Dates only, each installment of interest may be paid by check mailed to addresses of issuing additional Notes ("PIK Notes") as set forth in the Persons entitled thereto as such addresses shall appear on the Note RegisterIndenture described below. Payments payable in cash in respect of the Notes represented by a Global Note (including principal, premium, if any, premium and interest) will shall be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments The Company will make all payments payable in cash in respect of Notes represented by Definitive Notes a certificated Note (including principal, premium, if any, premium and interest) held by mailing a check to the registered address of each Holder thereof; provided, however, that payments payable in cash on the Notes may also be made, in the case of a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes will be made Notes, by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 1 contract
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest interest, on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premiumpremium and interest when due. Interest on any Note which is payable, if anyand is timely paid or duly provided for, and/or interest. The Company will pay interest (except Defaulted Interest) on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding April 1 and October 1 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Company maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 1 contract
Samples: Indenture (RBC Bearings INC)
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City Eastern time) on the date on which any principal of and of, premium, if any, or interest interest, on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premiumpremium and interest when due. Interest on any Note which is payable, if anyand is timely paid or duly provided for, and/or interest. The Company will pay interest (except Defaulted Interest) on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding April 1 and October 1 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Company maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the third to last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 1 contract
Samples: Indenture (Wayfair Inc.)
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest on or Additional Interest, if any, on, any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interestinterest and Additional Interest, if any. The Company will pay interest (except Defaulted Interest) and Additional Interest, if any, to the Persons who are registered Holders of Notes at the close of business on the March 10 15 or September 10 15 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premiumprincipal and interest and Additional Interest, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in If a Holder has given wire transfer instructions to the succeeding two sentencesCompany, the principal of Company will, or if the Company is not then the Paying Agent, the Company will cause the Paying Agent to, pay all principal, interest, Additional Interest, if any, and premium, if any, on that Holder’s Notes in accordance with the instructions; all other payments of the principal of (and premium, if any), interest and Additional Interest, if any, on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the Company, each installment of interest and Additional Interest, if any, may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interestinterest and Additional Interest, if any) will be made by wire the transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 1 contract
Samples: Indenture (Venoco, Inc.)
Method of Payment. By at least 10:00 a.m. no later than noon (New York City time) on the date on which any principal of and of, premium, if any, or interest on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premiumpremium and interest when due. Interest on any Note which is payable, if anyand is timely paid or duly provided for, and/or interest. The Company will pay interest (except Defaulted Interest) on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding May 1 or September 10 next preceding November 1, as applicable, at the interest payment date even if Notes are cancelled, repurchased office or redeemed after agency of the record date and on or before Issuer maintained for such purpose pursuant to Section 2.3 of the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 fifteen (15) days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 1 contract
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or and interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent an amount of money sufficient in immediately available funds to pay such principal, premium, if any, and/or interestand interest when due. The Company will pay interest (except Defaulted Interest) Interest on any Note which is payable, and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding January 15 and July 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Company maintained for such purpose pursuant to SECTION 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of the Paying Agent or Registrar designated by the Company maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 SECTION 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes 5 In the case of Notes issued on the Issue Date. 6 In the case of Notes issued on the Issue Date. represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar Dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 1 contract
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, interest or interest Additional Interest, if any, on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyinterest and Additional Interest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding April 15 and October 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuer maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest (and Additional Interest, if any) on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, interest and interestAdditional Interest, if any) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Depositary Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, interest and interestAdditional Interest, if any) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 1 contract
Samples: Indenture (Igate Corp)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest on the Notes (except Defaulted Interestdefaulted interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 or 15 and September 10 15 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed canceled after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, and interest on the Notes in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentencesPrincipal, the principal of and premium, if any, and interest on the Notes shall will be payable at the office or agency of the Company maintained for such purpose in The City within the United States of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, thatAmerica or, at the option of the Company, each installment payment of interest may be paid made by check mailed to the Holders at their respective addresses set forth in the register of Holders; provided, however, that all payments of principal, premium and interest with respect to Notes the Holders of which have given wire transfer instructions to the Company will be required to be made by wire transfer of immediately available funds to the accounts specified by the Holders thereof. Until otherwise designated by the Company, the Company’s office or agency in the United States of America will be the corporate trust office of the Persons entitled thereto as Trustee maintained for such addresses purpose, which shall appear on the Note Registerinitially be 0000 Xxxx Xxxxxxxxx Xxxxxx, Xxxxx 0000, Xxxxxxx, Xxxxxxx 00000. Payments in respect of the Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by the Depository. The Depository Trust Company. Payments Company will make all payments in respect of Notes represented by Definitive Notes a certificated Note (including principal, premium, if any, premium and interest) held by mailing a check to the registered address of each Holder of at least U.S.$1,000,000 aggregate principal amount of Notes thereof; provided, however, that payments on a certificated Note will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 1 contract
Samples: Indenture (Pra Group Inc)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest on the Notes (except Defaulted Interestdefaulted interest) to the Persons who are registered Holders holders of Notes at the close of business on the March 10 1 or September 10 1 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed canceled after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, and interest on the Notes in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentencesPrincipal, the principal of and premium, if any, and interest on the Notes shall will be payable at the office or agency of the Company Company
1 To be included only if there is a Registration Rights Agreement (as defined in the Appendix) applicable to this Note and subject to modification as necessary to reflect the terms of such Registration Rights Agreement, if any. maintained for such purpose in The within the City and State of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, thatYork or, at the option of the Company, each installment payment of interest may be paid made by check mailed to addresses the Holders of the Persons entitled thereto as Notes at their respective addresses set forth in the register of Holders of Notes; provided, however, that all payments of principal, premium and interest with respect to Notes the Holders of which have given wire transfer instructions to the Company will be required to be made by wire transfer of immediately available funds to the accounts specified by the Holders thereof. Until otherwise designated by the Company, the Company’s office or agency in the City and State of New York will be the office of the Trustee maintained for such addresses purpose, which shall appear on the Note Registerinitially be 000 Xxxx Xxxxxx, Xxxxx 0000, Xxx Xxxx, XX 00000, Attention: Corporate Trust Department. Payments in respect of the Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by the Depository. The Depository Trust Company. Payments Company will make all payments in respect of Notes represented by Definitive Notes a certificated Note (including principal, premium, if any, premium and interest) held by mailing a check to the registered address of each Holder of at least U.S.$1,000,000 aggregate principal amount of Notes thereof; provided, however, that payments on a certificated Note will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 1 contract
Samples: Indenture (Credit Acceptance Corp)
Method of Payment. By at least 10:00 a.m. (New York City time) on Payment of the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business Cash Interest on the March 10 Notes shall be in such coin or September 10 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, and interest in money currency of the United States that of America as at the time of payment is legal tender for payment of public and private debts. Except as described in The Holder must surrender the succeeding two sentences, Notes to the principal Paying Agent to collect payment of principal. Payment of Cash Interest and premiumAdditional Interest, if any, and interest on Certificated Securities in the Notes aggregate principal amount of $5,000,000 or less shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid made by check mailed to addresses the address of the Persons Person entitled thereto as such addresses shall appear on address appears in the Note Register. Payments in respect , and payment of Notes represented by a Global Note (including principal, premiumCash Interest and Additional Interest, if any, on Certificated Securities in aggregate principal amount in excess of $5,000,000 shall be made by wire transfer in immediately available funds if requested in writing by the Holder, otherwise by check mailed to the address of the Holder. Notwithstanding the foregoing, so long as the Notes are registered in the name of a Depositary or its nominee, all payments principal and interest) will Cash Interest with respect to the Notes shall be made by wire transfer of immediately available funds to the account specified by The Depository Trust Companyof the Depositary or its nominee. Payments in respect of Notes represented by Definitive Notes (including principalAt the Stated Maturity, premiuminterest and Additional Interest, if any, on Certificated Securities will be payable at the office or agency of the Trustee, Registrar and interestPaying Agent described in the Indenture. PIK Interest shall paid in the manner provided in paragraph 1 of this Note and Section 2.14 of the Indenture. Any payment of PIK Interest shall be considered paid, if not paid in cash, on the date it is due if on such date (1) held if PIK Notes (including PIK Notes that are Global Notes) have been issued therefor, such PIK Notes have been authenticated in accordance with the terms of the Indenture and (2) if the payment of PIK Interest is made by a Holder of at least U.S.$1,000,000 aggregate increasing the principal amount of Global Notes will be made by wire transfer to a U.S. dollar account maintained then authenticated, the Trustee has increased the principal amount of Global Notes then authenticated by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)amount.
Appears in 1 contract
Samples: Indenture (Sirius Xm Radio Inc.)
Method of Payment. By at least 10:00 a.m. (New York City time) The Company shall pay interest on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest Notes (except Defaulted Interestdefaulted interest) to the Persons who are the registered Holders of Notes at the close of business on the March 10 or September 10 next Record Date immediately preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment datefor such interest. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will shall pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the all principal of and premium, if any, owing hereunder in U.S. dollars and interest all interest, Additional Amounts, if any, and Liquidated Damages, if any, owing hereunder in U.S. dollars or in the form of Additional Notes, at the Company's option. With respect to payments in U.S. dollars, if (i) a Holder of at least EURO 1.0 million in aggregate principal amount of Notes has given wire transfer instructions to the Company and the Paying Agent in writing, (ii) the Paying Agent has received such written wire transfer instruction at least 15 days prior to the date of the relevant payment and (iii) for so long as the Notes are listed on the Luxembourg Stock Exchange, such holder has also provided such notice to the paying agent in Luxembourg, then the Company will pay all interest, premium, Liquidated Damages, if any, and Additional Amounts, if any, on that Holder's Notes shall in accordance with those instructions by wire transfer of same day funds to the Paying Agent who in turn will wire such funds to the Holder hereof or to such other Person as the Holder hereof may in writing to the Paying Agent direct. In all other cases, the Company may elect to make payments of interest, premium, Liquidated Damages, if any, and Additional Amounts, if any, on a Holder's Notes by check mailed to the Holders at their addresses set forth in the register of Holders. Payments on Notes will be payable at made through the office or agency of the Paying Agent and Registrar for the Notes unless the Company maintained elects to make interest payments by check as previously described. If payments are made through the Paying Agent, immediately available funds for such purpose in The City of New York, or at such other office or agency the payment of the Company as may be maintained for such purpose pursuant to Section 2.03 principal of the Indenture; provided(and premium, howeverif any), thatinterest, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premiumAdditional Amounts, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premiumLiquidated Damages, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes on this Note due on any interest payment date, Maturity Date, Redemption Date or other repurchase date will be made by wire transfer available to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to permit the Paying Agent to pay such effect designating funds to the Holders on such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)respective dates.
Appears in 1 contract
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest on any Note is due and payable, the Company Issuers shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyand interest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding July 1 and January 1 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuers maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuers as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 1 contract
Samples: Indenture (Trisyn Group, Inc.)
Method of Payment. By at least 10:00 a.m. no later than 12:30 p.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest on any 2053 Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or or interest. The Company will shall pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 January 1 or September 10 next July 1 immediately preceding the interest payment date even if the 2053 Notes are cancelled, cancelled or repurchased or redeemed after the record date Regular Record Date and on or before the interest payment dateInterest Payment Date. Holders must surrender the 2053 Notes to a Paying Agent to collect principal payments. The Company will shall pay principalprincipal of, premium, if any, and interest on the 2053 Notes in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentencesThe Company shall pay principal of, the principal of and premium, if any, and interest on the 2053 Notes shall be payable at the office or agency designated by the Company, which is initially the corporate trust office of the Company maintained for such purpose Trustee in The City of New York, or at such other office or agency of the New York. The Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principalpay principal of, premium, if any, and interest) will be made interest on the Global Notes registered in the name of or held by wire transfer of the Depositary or its nominee in immediately available funds to the account specified by Depositary or its nominee, as the case may be, as the registered holder of such Global Note. The Depository Trust Company. Payments Company shall make all payments in respect of a Certificated Note by mailing a check to the registered address of each Holder thereof as such address shall appear on the Security Registrar’s books; provided, however, that payments on the 2053 Notes represented by Definitive Certificated Notes (including principalmay also be made, premium, if any, and interest) held by in the case of a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of 2053 Notes will be made represented by Certificated Notes, by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice request to the Company and the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding in accordance with the relevant due date for payment (or such other date as terms of the Trustee may accept in its discretion)Indenture.
Appears in 1 contract
Method of Payment. By at least 10:00 a.m. (New York City time) The Company shall pay interest on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest Notes (except Defaulted Interestdefaulted interest) to the Persons who are the registered Holders of Notes at the close of business on the March 10 or September 10 next Record Date immediately preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment datefor such interest. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company shall pay all amounts owing hereunder in U.S. dollars. With respect to payments in U.S. dollars, if (i) a Holder of at least $1.0 million in aggregate principal amount of Notes has given wire transfer instructions to the Company and the Paying Agent in writing, (ii) the Paying Agent has received such written wire transfer instruction at least 15 days prior to the date of the relevant payment and (iii) for so long as the Notes are listed on the Luxembourg Stock Exchange, such holder has also provided such notice to the paying agent in Luxembourg, then the Company will pay principalall interest, premiumpremium and Additional Amounts, if any, and interest on that Holder’s Notes in money accordance with those instructions by wire transfer of same day funds to the United States that at Paying Agent who in turn will wire such funds to the time of payment is legal tender for payment of public and private debtsHolder hereof or to such other Person as the Holder hereof may in writing to the Paying Agent direct. Except as described in the succeeding two sentencesIn all other cases, the principal Company may elect to make payments of interest, premium and premiumAdditional Amounts, if any, and interest on a Holder’s Notes by check mailed to the Holders at their addresses set forth in the register of Holders. Payments on Notes shall will be payable at made through the office or agency of the Paying Agent and Registrar for the Notes unless the Company maintained elects to make interest payments by check as previously described. If payments are made through the Paying Agent, immediately available funds for such purpose in The City of New York, or at such other office or agency the payment of the Company as may be maintained for such purpose pursuant to Section 2.03 principal of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, and premium, if any), interest and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premiumAdditional Amounts, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes on this Note due on any interest payment date, Maturity Date, Redemption Date or other repurchase date will be made by wire transfer available to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to permit the Paying Agent to pay such effect designating funds to the Holders on such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)respective dates.
Appears in 1 contract
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 [ ]or September 10 [ ] next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 1 contract
Samples: Indenture (Bunge N.A. Finance L.P.)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note Security is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interestinterest when due. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes Securities at the close of business on the March 10 May 15 or September 10 November 15 next preceding the interest payment date even if Notes Securities are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes Securities to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, principal and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and of, premium, if any, and interest on the Notes Securities shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, ----------- however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes Securities represented by a Global Note Security (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments in respect of Notes Securities represented by Definitive Notes Securities (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes Securities represented by Definitive Securities will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 1 contract
Samples: Indenture (Black & Decker Corp)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premiumThe Co-Issuers shall pay interest, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) Notes to the Persons who are registered Holders of Notes at the close of business on the March 10 February 1 or September 10 next August 1 immediately preceding the interest payment date Interest Payment Date, even if such Notes are cancelled, repurchased or redeemed canceled after the record date such Record Date and on or before such Interest Payment Date, except as provided in Section 2.12 of the Indenture with respect to defaulted interest. If an Event of Default has occurred, for so long as such Event of Default is continuing, interest payment date. Holders must surrender shall accrue on the Notes at a rate which is 2.00 per cent per annum higher than the rate provided in the Notes and in Section 4.01 of the Indenture (and such interest shall accrue after the maturity of the Notes and after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Co-Issuers, whether or not a Paying Agent to collect principal paymentsclaim for post-filing or post-petition interest is allowed or allowable in such proceeding). The Company will Notes shall be issued in denominations of $2,000 and integral multiples of $1,000 in excess thereof. The Co-Issuers shall pay principal, premium, if any, and interest on the Notes in money such coin or currency of the United States that of America as at the time of payment is legal tender for payment of public and private debtsdebts (“U.S. Legal Tender”). Except as described in the succeeding two sentencesPrincipal, the principal of and premium, if any, and interest interest, if any, on the Notes shall be payable at the office or agency of the Company Co-Issuers maintained in the United States for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, except that, at the option of the CompanyCo-Issuers, each installment the payment of interest interest, if any, may be paid made by check mailed to the Holders at their respective addresses set forth in the register of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect Holders; provided that for Holders owning at least $100,000 aggregate principal amount of Notes represented by a Global Note that have given wire transfer instructions to the Co-Issuers at least ten (including 10) Business Days prior to the applicable payment date, the Co-Issuers shall make all payments of principal, interest and premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust Companythe Holders thereof. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained Until otherwise designated by the payee with a bank Co-Issuers, the Co-Issuers’ office or agency in the United States if such Holder elects payment by wire transfer by giving written notice to shall be the office of the Trustee or the Paying Agent to maintained for such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)purpose.
Appears in 1 contract
Samples: Eighth Supplemental Indenture (Navios Maritime Holdings Inc.)
Method of Payment. By at least 10:00 a.m. (New York City time) on Payment of the date on which any principal of and premium, if any, on this Senior Note and interest hereon at the Stated Maturity shall be made upon presentation of this Senior Note at the Global Corporate Trust Office of our designated agent, The Bank of New York Mellon Trust Company, N.A., located at 0000 Xxxx 0xx Xxxxxx, Xxxxxxxxx, Xxxx, 00000, or interest on any Note is due and payable, at such other office or agency as may be designated for such purpose by the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient from time to pay such principal, premiumtime. Payment of interest, if any, and/or interest. The Company will pay on this Senior Note (other than interest (except Defaulted Interestat the Stated Maturity) shall be made by check mailed to the Persons who are registered Holders address of the Person entitled thereto as such address shall appear in the Security Register, except that (a) if such Person shall be a securities depositary, such payment may be made by such other means in lieu of check as shall be agreed upon by the Company, the Trustee or other Paying Agent and such Person and (b) if such Person is a Holder of $10,000,000 or more in aggregate principal amount of Senior Notes at of this series such payment may be in immediately available funds by wire transfer to such account as may have been designated in writing by the close of business on Person entitled thereto as set forth herein in time for the March 10 or September 10 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsmake such payments in accordance with its normal procedures. Any such designation for wire transfer purposes shall be made by filing the appropriate information with our designated agent, The Company will pay principalBank of New York Mellon Trust Company, premiumN.A., if anyat its Global Corporate Trust Office, and located at 0000 Xxxx 0xx Xxxxxx, Xxxxxxxxx, Xxxx, 00000, not less than fifteen calendar days prior to the applicable payment date and, unless revoked by written notice to the Trustee received on or prior to the Regular Record Date immediately preceding the applicable Interest Payment Date, shall remain in effect with respect to any further interest in money payments (other than interest payments at Maturity) with respect to this Senior Note payable to such Holder. Payment of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premiuminterest, if any, and interest) will on this Senior Note, as aforesaid, shall be made by wire transfer in such coin or currency of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States of America as at the time of payment shall be legal tender for the payment of public and private debts. If any Interest Payment Date, any Redemption Date, or the Stated Maturity shall not be a Business Day (as hereinafter defined), payment of the amounts due on this Senior Note on such date may be made on the next succeeding Business Day; and, if such Holder elects payment by wire transfer by giving written notice to is made or duly provided for on such next succeeding Business Day, no interest shall accrue on such amounts for the Trustee period from and after such Interest Payment Date, Redemption Date, or Stated Maturity, as the Paying Agent case may be, to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)Business Day.
Appears in 1 contract
Samples: First Supplemental Indenture (FirstEnergy Solutions Corp.)
Method of Payment. By at least 10:00 a.m. (New York City time) The Issuer shall pay interest on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) Floating Rate Notes to the Persons who are registered Holders of Notes at the close of business on the March 10 or September 10 January 1 and July 1 next preceding the interest payment date even if Floating Rate Notes are cancelled, repurchased or redeemed canceled after the record date and on or before the interest payment datedate (whether or not a Business Day). The Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will Issuer shall pay principal, premium, if any, and interest in money of the United States of America that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of the Floating Rate Notes represented by a Global Floating Rate Note (including principal, premium, if any, and interest) will shall be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depositary. Payments The Issuer will make all payments in respect of Notes represented by Definitive Notes a certificated Floating Rate Note (including principal, premium, if any, and interest) held ), at the office of each Paying Agent, except that, at the option of the Issuer, payment of interest may be made by mailing a check to the registered address of each Holder thereof; PROVIDED, HOWEVER, that payments on the Floating Rate Notes may also be made, in the case of a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes will be made Floating Rate Notes, by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the a Paying Agent to such effect designating such account no later than 15 10 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 1 contract
Samples: Indenture (Intelsat LTD)
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest on Cash Interest or Additional Interest, if any, on, any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interestCash Interest and Additional Interest, if any (and if a PIK Payment is being made, deliver the documentation necessary to increase the principal amount of the Notes or to issue PIK Notes). The Company will pay interest (except Defaulted Interest) and Additional Interest, if any, to the Persons who are registered Holders of Notes at the close of business on the March 10 February 1 or September 10 August 1 next preceding the interest payment date Interest Payment Date, even if Notes are cancelled, repurchased or redeemed after the record date Record Date and on or before the interest payment dateInterest Payment Date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premiumprincipal and Cash Interest and Additional Interest, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in If a Holder has given wire transfer instructions to the succeeding two sentencesCompany, the principal of Company will, or if the Company is not then the Paying Agent, the Company will cause the Paying Agent to, pay all principal, Cash Interest, Additional Interest, if any, and premium, if any, on that Holder’s Notes in accordance with the instructions; all other payments of the principal of (and interest premium, if any), Cash Interest and Additional Interest, if any, on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the Company, each installment of interest Cash Interest and Additional Interest, if any, may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interestCash Interest and Additional Interest, if any) will be made by wire the transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments Except as provided in the immediately succeeding sentence and the definition of “Applicable Amount,” interest on the Notes shall be payable entirely in cash (such interest, “Cash Interest”) on the then outstanding principal amount of the Notes. For any Interest Period after the initial Interest Period and other than the Interest Period ending at Stated Maturity of the Notes, if the Applicable Amount (as defined below) as determined on the Determination Date (as defined below) for such Interest Period:
(i) is equal or exceeds 75%, but is less than 100%, of the aggregate amount of Cash Interest that would otherwise be due on the relevant Interest Payment Date, then the Company may, at its option, elect to pay interest on up to 25% of the then outstanding principal amount of the Notes by increasing the principal amount of the outstanding Notes or by issuing PIK Notes in a principal amount equal to such interest (“PIK Interest”), with the remainder paid in cash;
(ii) is equal or exceeds 50%, but is less than 75%, of the aggregate amount of Cash Interest that would otherwise be due on the relevant Interest Payment Date, then the Company may, at its option, elect to pay interest on up to 50% of the then outstanding principal amount of the Notes as PIK Interest, with the remainder paid in cash;
(iii) is equal or exceeds 25%, but is less than 50%, of the aggregate amount of Cash Interest that would otherwise be due on the relevant Interest Payment Date, then the Company may, at its option, elect to pay interest on up to 75% of the then outstanding principal amount of the Notes as PIK Interest, with the remainder paid in cash; or
(iv) is less than 25% of the aggregate amount of Cash Interest that would otherwise be due on the relevant Interest Payment Date, then the Company may, at its option, elect to pay interest on up to 100% of the then outstanding principal amount of the Notes as PIK Interest, with any remainder paid in cash. The insufficiency or lack of funds available to the Company to pay Cash Interest as required by the immediately preceding paragraph shall not permit the Company to pay PIK Interest in respect of Notes represented by Definitive Notes any Interest Period and the sole right of the Company to elect to pay PIK Interest shall be as (including principal, premium, if any, and interestto the extent) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank provided in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).paragraph. As used herein,
Appears in 1 contract
Samples: Indenture (DENVER PARENT Corp)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest and Additional Interest, if any, on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, interest (including Additional Interest, if any) when due. Interest and Additional Interest, if any, and/or interest. The Company will pay interest (except Defaulted Interest) on any Note which is payable, and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more predecessor Notes) is registered Holders of Notes at the close of business on the preceding March 10 15 and September 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Company maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest and Additional Interest, if any, on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company maintained for such purpose in The City (which shall initially be the office of New Yorkthe Agent maintained for such purpose), or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, thatthat each installment of interest and Additional Interest, if any, may be paid (i) at the option of the CompanyPaying Agent, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) by wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, interest and interestAdditional Interest, if any) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, interest and interestAdditional Interest, if any) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 1 contract
Samples: Indenture (CHURCHILL DOWNS Inc)
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest interest, on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyinterest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding [•] and [•] at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuer maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of the Company Paying Agent or Registrar designated by the Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the third to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar Dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date or a Redemption Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 1 contract
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 July 1 or September 10 January 1 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 1 contract
Samples: Indenture (Bunge LTD)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest interest, on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premiumpremium and interest when due. Interest on any Note which is payable, if anyand is timely paid or duly provided for, and/or interest. The Company will pay interest (except Defaulted Interest) on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding January 1 and July 1 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Company maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, any and interest) interest will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, any and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).date
Appears in 1 contract
Samples: Indenture (Triangle Petroleum Corp)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest on or Liquidated Damages, if any, on, any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent (or, if the Company is then acting as Paying Agent, then the Company shall, as Paying Agent, segregate and hold in trust) money sufficient to pay such principalprincipal of, premium, if any, and/or interestand interest and Liquidated Damages, if any. The Company will pay interest (except Defaulted Interest) and Liquidated Damages, if any, to the Persons who are registered Holders of Notes at the close of business on the March 10 February 1 or September 10 next August 1 immediately preceding the interest payment date even if Notes are cancelledcanceled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principalprincipal of, premium, if any, and interest and Liquidated Damages, if any, in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, interest and interestLiquidated Damages, if any) will be made by wire the transfer of immediately available funds to the account accounts specified by The the Depository Trust Company. Payments All payments in respect of Notes represented by Definitive Notes a Certificated Note (including principal, premium, if any, and interest) held will be made by mailing a check to the registered address of each Holder of at least U.S.$1,000,000 aggregate principal amount of thereof; provided, however, that payments on the Notes will may also be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)payment.
Appears in 1 contract
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest on or Special Interest, if any, on, any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interestinterest and Special Interest, if any. The Company will pay interest (except Defaulted Interest) and Special Interest, if any, to the Persons who are registered Holders of Notes at the close of business on the March 10 April 1 or September 10 October 1 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premiumprincipal and interest and Special Interest, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in If a Holder has given wire transfer instructions to the succeeding two sentencesCompany, the principal of Company will, or if the Company is not then the Paying Agent, the Company will cause the Paying Agent to, pay all principal, interest, Special Interest, if any, and premium, if any, on that Holder’s Notes in accordance with the instructions; all other payments of the principal of (and premium, if any), interest and Special Interest, if any, on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the Company, each installment of interest and Special Interest, if any, may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interestinterest and Special Interest, if any) will be made by wire the transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 1 contract
Method of Payment. By at least 10:00 no later than 11:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest on on, any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or and interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 June 15 or September 10 December 15 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, principal and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in If a Holder has given wire transfer instructions to the succeeding two sentencesCompany, the principal of Company will, or if the Company is not then the Paying Agent, the Company will cause the Paying Agent to, pay all principal, interest, and premium, if any, on that Holder’s Notes in accordance with the instructions; all other payments of the principal of (and premium, if any) and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 2.5 of the Base Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of 1 Insert (i) in the case of the Initial Notes, December 30, 2009 or, in the case of any Additional Notes, the first interest payment date for such Additional Notes as shall be established in the Board of Director’s resolutions specified in Section 1.03(a)(2) of the Supplemental Indenture. 2 Insert (i) in the case of the Initial Notes, the Issue Date or, in the case of any Additional Notes, the issue date for such Additional Notes as shall be established in the Board of Director’s resolutions specified in Section 1.03(a)(2) of the Supplemental Indenture. the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire the transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 1 contract
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or and interest on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, if anyinterest when due. Interest on any Note which is payable, and/or interest. The Company will pay interest (except Defaulted Interest) and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more Predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding February 1 and August 1 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuer maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 1 contract
Samples: Indenture (Infor, Inc.)
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interestdefaulted interest) on the principal amount of the Securities on each April 15 and October 15 to the Persons persons who are registered Holders of Notes (as reflected in the Security Register at the close of business on the March 10 or September 10 next April 1 and October 1 immediately preceding the interest payment date Interest Payment Date), in each case, even if Notes are cancelledthe Security is cancelled on registration of transfer or registration of exchange after such record date; provided that, repurchased or redeemed after with -------- respect to the record date and payment of principal, the Company will make payment to the Holder that surrenders this Security to any Paying Agent on or before the interest payment dateafter April 15, 2008. Holders must surrender Notes to a Paying Agent to collect principal payments-------------------- * Include only for Initial Securities. ** Include only for Exchange Securities The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, [Payment of the principal of (and premium, if any, ) and interest on the Notes shall Securities will be payable made at the office or agency of the Company maintained for such that purpose in The City of New YorkYork (which shall be the Corporate Finance Department of the Trustee, unless the Company shall designate and maintain some other office or agency for such purpose), or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 purpose, in lawful money of the Indenture; providedUnited States of America, however, that, or payment of interest may be made at the option of the Company, each installment of interest may be paid Company by check mailed to addresses the address of the Persons Person entitled thereto as such addresses address shall appear on the Note Security Register. Payments in respect of Notes represented by a Global Note (including principal; provided, premium-------- however, if any, and interest) that all payments to Holders who have given wire transfer instructions ------- to the Company will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes such Holder.]* [All payments will be made by wire transfer of immediately available funds to a U.S. dollar account maintained the accounts specified by the payee with Holder.]** If a bank in payment date is a date other than a Business Day at a place of payment, payment may be made at that place on the United States if such Holder elects payment by wire transfer by giving written notice to next succeeding day that is a Business Day and no interest shall accrue for the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)intervening period.
Appears in 1 contract
Samples: Indenture (Breed Technologies Inc)
Method of Payment. By at least 10:00 a.m. The Issuers (New York City time) on and, prior to the date on which any principal of and premium, if any, or interest on any Note is due and payableEscrow Release Date, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company Escrow Issuers) will pay interest (except Defaulted Interest) on this Note to the Persons Person who are is the registered Holders Holder of Notes this Note at the close of business on the March 10 Record Date (whether or September 10 not a Business Day) next preceding the interest payment date Interest Payment Date, even if Notes are cancelled, repurchased or redeemed this Note is cancelled after the record date such Record Date and on or before such Interest Payment Date, except as provided in Section 2.12 of the Indenture with respect to defaulted interest. Cash payments of principal of, premium, if any, and interest on this Note will be payable at the office or agency of the Issuers (and, prior to the Escrow Release Date, the Escrow Issuers) maintained for such purpose pursuant to Section 4.02 of the Indenture or, at the option of the Issuers (and, prior to the Escrow Release Date, the Escrow Issuers), cash payment date. Holders must surrender Notes to a of interest may be made through the Paying Agent by check mailed to collect principal payments. The Company will pay the Holders at their respective addresses set forth in the Note Register of Holders, provided that (a) all cash payments of principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of and premium, if any, and interest on the Notes shall be payable at the office or agency of the Company maintained for such purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant with respect to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interest) Notes registered in the name of or held by DTC or its nominee will be made through the Paying Agent by wire transfer of immediately available funds to the account accounts specified by The Depository Trust Company. Payments in respect the registered Holder or Holders thereof and (b) all cash payments of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount interest with respect to certificated 1 In the case of Notes will issued on the Issue Date. Notes may, at the option of the Issuers (and, prior to the Escrow Release Date, the Escrow Issuers), be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States of America if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). Such payment shall be in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts.
Appears in 1 contract
Method of Payment. By at least 10:00 a.m. no later than noon (New York City time) on the date on which any principal of and of, premium, if any, or interest on any Note is due and payable, the Company Issuer shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premiumpremium and interest when due. Interest on any Note which is payable, if anyand is timely paid or duly provided for, and/or interest. The Company will pay interest (except Defaulted Interest) on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note is registered Holders of Notes at the close of business on the preceding March 10 15, June 15, September 15 and December 15 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Issuer maintained for such purpose pursuant to Section 2.03 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest on the Notes shall be payable at the office or agency of the Company Paying Agent or Registrar designated by the Issuer maintained for such purpose in The City (which shall initially be the office of New Yorkthe Trustee maintained for such purpose), or at such other office or agency of the Company Issuer as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the CompanyPaying Agent, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, and interestinterest ) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyDTC or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its reasonable discretion). If an Interest Payment Date is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue on such payment for the intervening period. If a regular Record Date is not a Business Day, the Record Date shall not be affected. All payments on or in respect of the Notes (including principal, premium and interest) will be in Dollars.
Appears in 1 contract
Samples: Indenture (Sotera Health Co)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and of, premium, if any, or interest and Additional Interest, if any, on any Note is due and payable, the Company Issuers shall irrevocably deposit with the Trustee or the Paying Agent money a sum sufficient in immediately available funds to pay such principal, premium, interest (including Additional Interest, if any) when due. Interest and Additional Interest, if any, and/or interest. The Company will pay interest (except Defaulted Interest) on any Note which is payable, and is timely paid or duly provided for, on any Interest Payment Date shall be paid to the Persons who are Person in whose name such Note (or one or more predecessor Notes) is registered Holders of Notes at the close of business on the March 10 preceding May 1 and November 1 at the office or September 10 next preceding agency of the interest payment date even if Notes are cancelled, repurchased or redeemed after Company maintained for such purpose pursuant to Section 2.3 of the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal paymentsIndenture. The Company will pay principal, premium, if any, and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentences, the principal of (and premium, if any, ) and interest and Additional Interest, if any, on the Notes shall be payable at the office or agency of Paying Agent or Registrar designated by the Company Issuers maintained for such purpose in The City (which shall initially be the office of New Yorkthe Agent maintained for such purpose), or at such other office or agency of the Company Issuers as may be maintained for such purpose pursuant to Section 2.03 2.3 of the Indenture; provided, however, thatthat each installment of interest and Additional Interest, if any, may be paid (i) at the option of the CompanyPaying Agent, each installment of interest may be paid by check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note RegisterNotes Register or (ii) by wire transfer to an account located in the United States maintained by the payee, subject to the last sentence of this paragraph. Payments in respect of Notes represented by a Global Note (including principal, premium, if any, interest and interestAdditional Interest, if any) will be made by wire transfer of immediately available funds to the account accounts specified by The Depository Trust CompanyCompany or any successor depository. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, interest and interestAdditional Interest, if any) held by a Holder of at least U.S.$1,000,000 $1,000,000 aggregate principal amount of Notes represented by Definitive Notes will be made in accordance with the Notes Register, or by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). If an Interest Payment Date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected.
Appears in 1 contract
Samples: Indenture (Affinity Gaming, LLC)
Method of Payment. By at least no later than 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest (except Defaulted Interest) to the Persons who are registered Holders of Notes at the close of business on the March 10 1 or September 10 1 next preceding the interest payment date Interest Payment Date even if Notes are cancelled, repurchased or redeemed after the record date Regular Record Date and on or before the interest payment dateInterest Payment Date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, premium, if any, principal and interest in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described Payments in the succeeding two sentencesrespect of Notes represented by a Global Security (including principal, the principal of and premium, if any, and interest on interest) will be made by the Notes transfer of immediately available funds to the accounts specified by The Depository Trust Company. The Company shall be payable make all payments in respect of a Definitive Security (including principal, premium, if any, and interest) at the office or agency of the Company maintained for such purpose in The City of New York, if any, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, that, at the option of the Company, each installment of interest may be paid by (i) check mailed to addresses of the Persons entitled thereto as such addresses shall appear on the Note Register. Payments in respect of Notes represented by a Global Note Register or (including principal, premium, if any, and interestii) will be made by wire transfer of immediately available funds to the account specified by The Depository Trust Company. Payments in respect of Notes represented by Definitive Notes (including principal, premium, if any, and interest) held by a Holder of at least U.S.$1,000,000 aggregate principal amount of Notes will be made by wire transfer to a U.S. dollar an account maintained by the payee with a bank located in the United States if such Holder elects payment maintained by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion)payee.
Appears in 1 contract
Method of Payment. By at least 10:00 a.m. (New York City time) on the date on which any principal of and premium, if any, or interest on any Note is due and payable, the Company shall irrevocably deposit with the Trustee or the Paying Agent money sufficient to pay such principal, premium, if any, and/or interest. The Company will pay interest on the Notes (except Defaulted Interestdefaulted interest) to the Persons who are registered Holders holders of Notes at the close of business on the March 10 1 or September 10 1 next preceding the interest payment date even if Notes are cancelled, repurchased or redeemed canceled after the record date and on or before the interest payment date. Holders must surrender Notes to a Paying Agent to collect principal payments. The Company will pay principal, 5 To be included only if there is a Registration Rights Agreement (as defined in the Appendix) applicable to this Note and subject to modification as necessary to reflect the terms of such Registration Rights Agreement, if any. premium, if any, and interest on the Notes in money of the United States that at the time of payment is legal tender for payment of public and private debts. Except as described in the succeeding two sentencesPrincipal, the principal of and premium, if any, and interest on the Notes shall will be payable at the office or agency of the Company maintained for such purpose in The within the City and State of New York, or at such other office or agency of the Company as may be maintained for such purpose pursuant to Section 2.03 of the Indenture; provided, however, thatYork or, at the option of the Company, each installment payment of interest may be paid made by check mailed to addresses the Holders of the Persons entitled thereto as Notes at their respective addresses set forth in the register of Holders of Notes; provided, however, that all payments of principal, premium and interest with respect to Notes the Holders of which have given wire transfer instructions to the Company will be required to be made by wire transfer of immediately available funds to the accounts specified by the Holders thereof. Until otherwise designated by the Company, the Company’s office or agency in the City and State of New York will be the office of the Trustee maintained for such addresses purpose, which shall appear on the Note Registerinitially be 000 Xxxx Xxxxxx, Xxxxx 0000, Xxx Xxxx, XX 00000, Attention: Corporate Trust Department. Payments in respect of the Notes represented by a Global Note (including principal, premium, if any, and interest) will be made by wire transfer of immediately available funds to the account accounts specified by the Depository. The Depository Trust Company. Payments Company will make all payments in respect of Notes represented by Definitive Notes a certificated Note (including principal, premium, if any, premium and interest) held by mailing a check to the registered address of each Holder of at least U.S.$1,000,000 aggregate principal amount of Notes thereof; provided, however, that payments on a certificated Note will be made by wire transfer to a U.S. dollar account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or the Paying Agent to such effect designating such account no later than 15 30 days immediately preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion).
Appears in 1 contract
Samples: Indenture (Credit Acceptance Corp)