Payments Due on Legal Holidays Sample Clauses

Payments Due on Legal Holidays. In any case where the date of maturity of interest on or principal of and premium, if any, on the Debt Securities of a series or the date fixed for redemption or repayment of any Debt Security or the making of any sinking fund payment shall not be a Business Day at any Place of Payment for the Debt Securities of such series, then payment of interest or principal and premium, if any, or the making of such sinking fund payment need not be made on such date at such Place of Payment, but may be made on the next succeeding Business Day at such Place of Payment with the same force and effect as if made on the date of maturity or the date fixed for redemption, and no interest shall accrue for the period after such date. If a record date is not a Business Day, the record date shall not be affected.
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Payments Due on Legal Holidays. In any case where the date of maturity of interest on or principal of and premium, if any, on the Debt Securities of a series shall not be a Business Day at any Place of Payment for the Debt Securities of such series, then payment of interest or principal and premium, if any, need not be made on such date at such Place of Payment, but may be made on the next succeeding Business Day at such Place of Payment with the same force and effect as if made on the date of maturity, and no interest shall accrue for the period after such date. If a record date is not a Business Day, the record date shall not be affected.
Payments Due on Legal Holidays. In any case where the date of maturity of interest on or principal of and premium, if any, on the Debt Securities of a series or the date fixed for conversion, redemption or repayment of any Debt Security or the making of any sinking fund payment shall not be a Business Day at any Place of Payment for the Debt Securities of such series, then payment of interest or principal and premium, if any, or the making of such sinking fund payment, or in the case of a conversion, the issuance of securities, need not be made on such date at such Place of Payment, but may be made on the next succeeding Business Day at such Place of Payment with the same force and effect as if made on the date of maturity or the date fixed for redemption, and no interest shall accrue for the period after such date. If a record date is not a Business Day, the record date shall not be affected.
Payments Due on Legal Holidays. In any case where the date of maturity of interest on or principal of and premium, if any, on the Notes or the date fixed for redemption or repayment of any Note shall not be a business day then payment of interest or principal and premium, if any, need not be made on such date but may be made on the next succeeding business day with the same force and effect as if made on the date of maturity or the date fixed for redemption, and no interest shall accrue for the period after such date. If a record date is not a business day, the record date shall not be affected.
Payments Due on Legal Holidays. Unless otherwise specified in a Note, if the date of maturity of interest on or principal or premium, if any, of the Notes or the date fixed for redemption, repurchase or repayment of any Note shall be a Legal Holiday, payment of interest or principal or premium, if any, need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the date of maturity or the date fixed for redemption, and no interest shall accrue for the period after such date. If a regular record date is a Legal Holiday, the record date shall not be affected.
Payments Due on Legal Holidays. In any case where the date of maturity of interest on or principal of and premium, if any, on the Notes shall not be a Business Day at any place of payment, then payment of interest or principal and premium, if any, need not be made on such date at such place of payment, but may be made on the next succeeding Business Day at such place of payment with the same force and effect as if made on the date of maturity, and no interest shall accrue for the period after such date. If a record date is not a Business Day, the record date shall not be affected.
Payments Due on Legal Holidays. Except as provided with respect to Debentures of a series as contemplated by Section 2.01, in any case where the date of maturity of principal of, any premium or interest on or any Additional Amounts with respect to any Debenture or the date of redemption of any Debenture shall not be a Business Day, then payment of such principal, premium, interest or Additional Amounts may be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date such payment was originally payable.
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Payments Due on Legal Holidays. Provisions Required by TIA to Control Section 13.08. Computation of Interest on Debt Securities Section 13.09. Rules by Trustee, Paying Agent and Registrar Section 13.10. No Recourse Against Others Section 13.11. Severability
Payments Due on Legal Holidays. 59 SECTION 13.07. Provisions Required by Trust Indenture Act to Control. . 59 SECTION 13.08. Computation of Interest on Debt Securities . . . . .
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