No Intent to Commence Extension Period. The Company has no present intention to exercise its right under Section 4.1 to defer payments of interest on the Debentures by selecting an Extension Period. The Company believes that the likelihood that it would exercise its right under Section 4.1 to defer payments of interest on the Debentures by selecting an Extension Period at any time during which the Debentures are outstanding is remote because of the restrictions that would be imposed on the Company pursuant to Sections 4.3 and 5.6 of this Indenture.
Appears in 6 contracts
Samples: Indenture (S Y Bancorp Inc), Indenture (S.Y. Bancorp Capital Trust II), Indenture (S Y Bancorp Inc)
No Intent to Commence Extension Period. The Company has no -------------------------------------- present intention to exercise its right under Section 4.1 to defer payments of interest on the Debentures by selecting an Extension Period. The Company believes that the likelihood that it would exercise its right under Section 4.1 to defer payments of interest on the Debentures by selecting an Extension Period at any time during which the Debentures are outstanding is remote because of the restrictions that would be imposed on the Company pursuant to Sections 4.3 and 5.6 of this Indenture.
Appears in 2 contracts
Samples: Indenture (Abc Bancorp Capital Trust I), Indenture (Abc Bancorp Capital Trust I)
No Intent to Commence Extension Period. The Company has -------------------------------------- no present intention to exercise its right under Section 4.1 to defer payments of interest on the Debentures by selecting an Extension Period. The Company believes that the likelihood that it would exercise its right under Section 4.1 to defer payments of interest on the Debentures by selecting an Extension Period at any time during which the Debentures are outstanding is remote because of the restrictions that would be imposed on the Company pursuant to Sections 4.3 and Section 5.6 of this Indenture.
Appears in 1 contract
No Intent to Commence Extension Period. The Company has no present intention to exercise its right under Section 4.1 5.1 to defer payments of interest on the Debentures by selecting an Extension Period. The Company believes that the likelihood that it would exercise its right under Section 4.1 5.1 to defer payments of interest on the Debentures by selecting an Extension Period at any time during which the Debentures are outstanding is remote because of the restrictions that would be imposed on the Company pursuant to Sections 4.3 5.3 and 5.6 6.6 of this Indenture.
Appears in 1 contract
Samples: Indenture (Tompkins Financial Corp)
