Common use of Methods of Receiving Payments on the Notes Clause in Contracts

Methods of Receiving Payments on the Notes. If a Holder has given wire transfer instructions to the Company at least 10 Business Days prior to the applicable payment date, the Company will make all payments on such Holder’s Notes in accordance with those instructions. Otherwise, payments on the Notes will be made at the office or agency of the Paying Agent and Registrar for the Notes; provided, however, that the Company may, at its option, elect to make interest payments by check mailed to the Holders at their addresses set forth in the Register of Notes; provided, further, that with respect to Notes represented by Global Notes, the Company shall make payments of principal and interest by wire transfer of immediately available funds to the account specified by the Depositary.

Appears in 6 contracts

Samples: Sixth Supplemental Indenture (Cummins Inc), Eighth Supplemental Indenture (Cummins Inc), Seventh Supplemental Indenture (Cummins Inc)

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Methods of Receiving Payments on the Notes. If a Holder has given wire transfer instructions to the Company at least 10 ten Business Days prior to the applicable payment date, the Company will make all payments on such Holder’s Notes in accordance with those instructions. Otherwise, payments on the Notes will be made at the office or agency of the Paying Agent and Registrar for the Notes; provided, however, that the Company may, at its option, elect to make interest payments by check mailed to the Holders at their addresses set forth in the Register of Notes; provided, further, that with respect to Notes represented by Global Notes, the Company shall make payments of principal and interest by wire transfer of immediately available funds to the account specified by the Depositary.

Appears in 2 contracts

Samples: Second Supplemental Indenture (Cummins Inc), First Supplemental Indenture (Cummins Inc)

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Methods of Receiving Payments on the Notes. If a Holder has given wire transfer instructions to the Company at least 10 ten Business Days prior to the applicable payment date, the Company will make all payments on such Holder’s Notes in accordance with those instructions. Otherwise, payments on the Notes will be made at the office or agency of the Paying Agent and Registrar for the Notes; provided, however, that the Company may, at its option, elect to make interest payments by check mailed to the Holders at their addresses set forth in the Register register of NotesHolders; provided, further, that with respect to Notes represented by Global Notes, the Company shall make payments of principal and interest by wire transfer of immediately available funds to the account specified by the Depositary.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Joy Global Inc)

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