Common use of Overdue Interest Clause in Contracts

Overdue Interest. Unless the Securities Resolution otherwise provides, the Company shall pay interest on overdue principal of a Security of a series at the rate (or Yield to Maturity in the case of a Discounted Debt Security) borne by the series; the Company shall pay interest on overdue installments of interest at the same rate or Yield to Maturity to the extent lawful.

Appears in 8 contracts

Samples: Indenture (Applied Power Capital Trust Ii), Wisconsin Energy Corp, Wec Capital Trust Ii

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Overdue Interest. Unless the Securities Resolution otherwise provides, the Company shall pay interest on overdue principal of a Security of a series at the rate (or Yield to Maturity in the case of a Discounted Debt Security) borne by the series; the Company shall pay interest on overdue installments of interest at the same rate (or Yield to Maturity in the case of a Discounted Debt Security) to the extent lawful.

Appears in 5 contracts

Samples: Indenture (Plexus Corp), Plexus Corp, Multimedia Games Inc

Overdue Interest. Unless the Securities Resolution establishing a series otherwise provides, the Company shall pay interest on overdue principal of a Security of a series at the rate (or Yield to Maturity in the case of a Discounted Debt Security) borne by the series; the Company it shall pay interest on overdue installments of interest at the same rate or Yield to Maturity to the extent lawful.

Appears in 4 contracts

Samples: Indenture (Wisconsin Gas Co), Wisconsin Gas Co, Wisconsin Electric Power Co

Overdue Interest. Unless the Securities Resolution otherwise provides, the Company shall pay interest on overdue principal of a Security of a series at the rate (or Yield yield to Maturity maturity in the case of a Discounted Debt Security) borne by the series; the Company shall pay interest on overdue installments of interest at the same rate or Yield yield to Maturity maturity to the extent lawful.

Appears in 4 contracts

Samples: Western Resources Inc /Ks, Cable Design Technologies Corp, Alpharma Inc

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Overdue Interest. Unless the Securities Resolution or supplemental indenture otherwise provides, the Company shall pay interest on overdue principal of a Security of a series at the rate (or Yield to Maturity in the case of a Discounted Debt Security) borne by the series; the Company it shall pay interest on overdue installments of interest at the same rate or Yield to Maturity to the extent lawful.

Appears in 2 contracts

Samples: Golden State Water CO, American States Water Co

Overdue Interest. Unless the Securities Board Resolution otherwise provides, the Company Companies shall pay interest on overdue principal of a Security of a series at the rate (or Yield to Maturity in the case of a Discounted Debt Security) borne by the series; the Company it shall pay interest on overdue installments of interest at the same rate or Yield to Maturity to the extent lawful.

Appears in 1 contract

Samples: Us Industries Inc /De

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