Common use of Notification of Rule 144 Additional Interest or Reporting Additional Interest Clause in Contracts

Notification of Rule 144 Additional Interest or Reporting Additional Interest. If Rule 144 Additional Interest or Reporting Additional Interest, as applicable, is payable by the Issuer, the Issuer shall deliver to the Trustee an Officer’s Certificate to that effect stating (i) the amount of such Rule 144 Additional Interest or Reporting Additional Interest, as applicable, that is payable and (ii) the date on which payment of such Rule 144 Additional Interest or Reporting Additional Interest, as applicable, shall commence. Unless and until a Responsible Officer of the Trustee receives such a certificate, the Trustee may assume without inquiry that no Rule 144 Additional Interest or Reporting Additional Interest, as applicable, is payable.

Appears in 4 contracts

Samples: Indenture (Nabors Industries LTD), Indenture (Nabors Industries LTD), Indenture (Nabors Industries LTD)

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Notification of Rule 144 Additional Interest or Reporting Additional Interest. If Rule 144 Additional Interest or Reporting Additional Interest, as applicable, is payable by the IssuerCompany, the Issuer Company shall deliver to the Trustee an Officer’s Officers’ Certificate to that effect stating (i) the amount of such Rule 144 Additional Interest or Reporting Additional Interest, as applicable, that is payable and (ii) the date on which payment of such Rule 144 Additional Interest or Reporting Additional Interest, as applicable, shall commence. Unless and until a Responsible Officer of the Trustee receives such a certificate, the Trustee may assume without inquiry that no Rule 144 Additional Interest or Reporting Additional Interest, as applicable, is payable.

Appears in 3 contracts

Samples: Indenture (Jarden Corp), Indenture (Jarden Corp), Indenture (Stone Energy Corp)

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