Common use of Notification of Results; Settlement Clause in Contracts

Notification of Results; Settlement. Subject to the Remarketing Dealer's election to remarket the ROARS and to the Company's election not to exercise its Floating Period Option, as set forth in subsection (b)(ii) of this Section 3.2, the Remarketing Dealer shall notify the Company, the Trustee and the U.S. Depository by telephone, confirmed in writing (which may include facsimile or other electronic transmission), by 4:00 p.m., New York City time, on the Fixed Rate Determination Date of the Interest Rate to Maturity of the ROARS effective from and including the Fixed Rate Remarketing Date.

Appears in 4 contracts

Samples: Indenture (NRG Energy Inc), Indenture (NRG Energy Inc), Indenture (Semco Energy Inc)

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