Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 152 contracts
Samples: Trust Agreement (Goldman Sachs Capital III), Trust Agreement (Susquehanna Bancshares Inc), Trust Agreement (Susquehanna Capital IV)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 88 contracts
Samples: Trust Agreement (State Street Corp), Trust Agreement (Schwab Capital Trust Ii), Trust Agreement (Cullen Frost Capital Trust Ii)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day (except as otherwise provided and without any reduction of interest or any other payment in Sections 4.1(a) and 4.2(d)respect of any such acceleration), in each case with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
Appears in 48 contracts
Samples: Trust Agreement (Reinsurance Group of America Inc), Trust Agreement (San Rafael Bancorp), Trust Agreement (Bridge Bancorp Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))Day, with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 43 contracts
Samples: Trust Agreement, Trust Agreement (First Merchants Corp), Trust Agreement (Us Bancorp \De\)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 39 contracts
Samples: Trust Agreement (PNC Capital Trust F), Trust Agreement (Equitable Resources Capital Trust I), Trust Agreement (City Holding Capital Trust Ii)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a401(a) and 4.2(d402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
Appears in 27 contracts
Samples: Trust Agreement (Air T Inc), Trust Agreement (Air T Inc), Trust Agreement (Air T Funding)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided that, if such Business Day is in Sections 4.1(a) and 4.2(d))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 though made on the date fixed for such payment, and no Distributions or interest shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 19 contracts
Samples: Trust Agreement (Gainsco Inc), Trust Agreement (Mountain National Bancshares Inc), Trust Agreement (Centerstate Banks of Florida Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))Day, with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 18 contracts
Samples: Trust Agreement (Bancfirst Corp /Ok/), Trust Agreement (Bancfirst Corp /Ok/), Trust Agreement (BFC Capital Trust Ii)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))Day, with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
Appears in 18 contracts
Samples: Trust Agreement (Indiana United Bancorp), Trust Agreement (Intrust Financial Corp /), Trust Agreement (Century Bancorp Capital Trust)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections Section 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 15 contracts
Samples: Trust Agreement (CMS Energy Trust V), Trust Agreement (Host Marriott Corp/), Trust Agreement (Newfield Financial Trust Ii)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))therein, with the same force and effect as though made on the date fixed for such payment), and no interest shall accrue accumulate thereon for the period after such datedate to the date of payment on such succeeding day.
Appears in 15 contracts
Samples: Trust Agreement (Southwest Gas Corp), Trust Agreement (Southwest Gas Corp), Trust Agreement (Public Service Enterprise Group Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections Section 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 11 contracts
Samples: Trust Agreement (Principal Financial Group Inc), Trust Agreement (Hartford Financial Services Group Inc/De), Junior Subordinated Indenture (Hartford Financial Services Group Inc/De)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(dSection 4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 9 contracts
Samples: Trust Agreement (Bancorpsouth Inc), Declaration of Trust (Resource Capital Trust I), Declaration of Trust (Highlands Capital Trust I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), except that, if such Business Day is in the next succeeding calendar year, payment on any Trust Security shall be made on the immediately preceding Business Day, in each case, with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 8 contracts
Samples: Trust Agreement (American Safety Insurance Group LTD), Trust Agreement (Sman Capital Trust 1), Trust Agreement (American Bancshares Inc \Fl\)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a401(a) and 4.2(d402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distribution shall accrue accumulate thereon for the period after such date.
Appears in 8 contracts
Samples: Trust Agreement (MBWM Capital Trust I), Trust Agreement (VBC Capital I), Trust Agreement (VBC Capital I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be maybe made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 7 contracts
Samples: Trust Agreement (Lincoln National Capital Vi), Trust Agreement (Sierra Pacific Resources Capital Trust Ii), Trust Agreement (Sierra Pacific Resources Capital Trust Ii)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a4.01(a) and 4.2(d4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distribution shall accrue accumulate thereon for the period after such date.
Appears in 6 contracts
Samples: Trust Agreement (Blue Valley Ban Corp), Trust Agreement (Ozark Capital Trust), Trust Agreement (Bank of the Ozarks Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections Section 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 6 contracts
Samples: Declaration of Trust (Boise Cascade Corp), Trust Agreement (Merry Land Capital Trust), Trust Agreement (Pioneer Standard Electronics Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such datedate [insert alternative floating rate conversion, if applicable].
Appears in 6 contracts
Samples: Trust Agreement (Cna Financial Corp), Trust Agreement (Cna Financial Corp), Trust Agreement (Cna Financial Capital Iii)
Payments Due on Non-Business Day. 56 52 If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 5 contracts
Samples: Trust Agreement (Mbna Capital V), Trust Agreement (Mbna Capital V), Trust Agreement (Mbna Capital V)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
Appears in 5 contracts
Samples: Trust Agreement (Sal Trust Preferred Fund I), Trust Agreement (Premier Bancshares Inc /Ga), Trust Agreement (Eagle Bancshares Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections Section 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 5 contracts
Samples: Trust Agreement (HPT Capital Trust I), Trust Agreement (SNH Nebraska Inc), Trust Agreement (Senior Housing Properties Trust)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(dSection 402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 4 contracts
Samples: Trust Agreement (Cp&l Energy Inc), Trust Agreement (Union Electric Co), Trust Agreement (Great Plains Energy Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections Section 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 4 contracts
Samples: Trust Agreement (MRH Capital Trust I), Trust Agreement (Partnerre LTD), Trust Agreement (MRH Capital Trust I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a401(a) and 4.2(d402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date, if such payment is made in accordance with the provisions of this Section 1005.
Appears in 4 contracts
Samples: Trust Agreement (Southern Community Financial Corp), Trust Agreement (Southern Community Capital Trust I), Trust Agreement (Southern Community Financial Corp)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))therein, with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 4 contracts
Samples: Trust Agreement (Usf&g Corp), Trust Agreement (Usf&g Corp), Trust Agreement (Usf&g Corp)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may way be made on an the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 3 contracts
Samples: Trust Agreement (Wec Capital Trust Ii), Trust Agreement (Applied Power Capital Trust Ii), Trust Agreement (Onb Capital Trust Iv)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), 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 either case with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 3 contracts
Samples: Trust Agreement (S&t Bancorp Inc), Trust Agreement (S&t Bancorp Inc), Trust Agreement (M&t Bank Corp)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 3 contracts
Samples: Trust Agreement (Atlas Air Capital Iii), Trust Agreement (Atlas Air Capital Iii), Trust Agreement (Atlas Air Capital Iii)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(aSection 4.01(a) and 4.2(d4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distribution shall accrue accumulate on such unpaid amount thereon for the period after such date.
Appears in 3 contracts
Samples: Trust Agreement (Metlife Inc), Trust Agreement (Vib Corp), Trust Agreement (Amerus Capital I)
Payments Due on Non-Business Day. If the date -------------------------------- fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and Section 4.2(d)), except that, if such Business Day is in the next succeeding calendar year, payment on any Trust Security shall be made on the immediately preceding Business Day, in each case, with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 3 contracts
Samples: Trust Agreement (Allegiant Capital Trust I), Trust Agreement (Allegiant Capital Trust Ii), Trust Agreement (Allegiant Bancorp Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections Section 4.1(a) and Section 4.2(d))) unless such Business Day is in the next succeeding calendar year, payment will be made on the immediately preceding Business Day with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (Partnerre LTD), Trust Agreement (Partnerre LTD)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)herein), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 2 contracts
Samples: Declaration of Trust (Superior Trust I), Declaration of Trust (Superior Trust I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided and without any interest or other payment in Sections 4.1(a) and 4.2(d)respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payments shall be made on the immediately preceding Business Day, in each case with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (Public Service Electric & Gas Co), Trust Agreement (Public Service Enterprise Group Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(aSection 4.01(a) and 4.2(dSection 4.02(d))) unless such Business Day is in the next succeeding calendar year, payment will be made on the immediately preceding Business Day with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (PartnerRe Finance B LLC), Trust Agreement (PartnerRe Finance B LLC)
Payments Due on Non-Business Day. If the date fixed for any -------------------------------- payment on any Trust Security shall be is a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))Day, with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (DPL Inc), Trust Agreement (DPL Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))Day, with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.. TRUST AGREEMENT
Appears in 2 contracts
Samples: Trust Agreement (Goldman Sachs Group Inc), Trust Agreement (Goldman Sachs Group Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Preferred Security shall be a day that is not a Business Day, then such payment need not be made on such date but may way be made on an the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(athis Trust Agreement) and 4.2(d)), 44 49 with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (Teco Energy Inc), Trust Agreement (Teco Capital Trust Iii)
Payments Due on Non-Business Day. If Except as provided in Section 4.01(a) hereof, if the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))therein, with the same force and effect as though made on the date fixed for such payment), and no interest shall accrue accumulate thereon for the period after such datedate to the date of payment on such succeeding day.
Appears in 2 contracts
Samples: Trust Agreement (Public Service Electric & Gas Co), Trust Agreement (Public Service Electric & Gas Co)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a401(a) and 4.2(d402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date, if such payment is made on such date.
Appears in 2 contracts
Samples: Trust Agreement (Carolina Bank Holdings Inc), Trust Agreement (American Community Bancshares Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided that, if such Business Day is in Sections 4.1(a) and 4.2(d))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 though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (First Citizens Bancorporation Inc), Trust Agreement (First Citizens Bancshares Inc /De/)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accumulate on such unpaid amount shall accrue thereon for the period after such date.
Appears in 2 contracts
Samples: Trust Agreement (Pennsylvania Power & Light Co /Pa), Trust Agreement (Pennsylvania Power & Light Co /Pa)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.. 57 52
Appears in 1 contract
Samples: Trust Agreement (Chase Capital Iii)
Payments Due on Non-Business Day. If the date fixed for -------------------------------- any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(aSection 4.01(a) and 4.2(d4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distribution shall accrue accumulate on such unpaid amount thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (PMC Capital I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.not
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(dSections_4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day, except that, if such Business Day (except as otherwise provided is in Sections 4.1(a) and 4.2(d))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 though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a4.1(A) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and --------------- ------ effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(aSection 4.1 (a) and 4.2(d)Section 4.2 (d), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Partnerre LTD)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(aSection 4.01(a) and 4.2(d4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Amerus Capital I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be is a day that is not a Business Day, then such that payment need not be made on such that date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such that payment, and no interest Distributions shall accrue thereon accumulate on that unpaid amount for the period after such that date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Preferred Security shall be a day that is not a Business Day, then such payment need not be made on such date but may way be made on an the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(athis Trust Agreement) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a52 401(a) and 4.2(d402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a401(a) and 4.2(d402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Samples: Trust Agreement (Nevada Power Co)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.and
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Samples: Trust Agreement (First Union Corp)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue accumulate thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Pmi Group Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(aSECTIONS 401(A) and 4.2(d402(D)), with the same force and effect as though made on the date fixed for such payment, and no interest distribution shall accrue accumulate thereon for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a4.l(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust LLC Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Samples: Limited Liability Company Agreement (Delphi Financial Group Inc/De)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d))Day, with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Preferred Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(athis Trust Agreement) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Samples: Trust Agreement (Teco Energy Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(aSectionS 4.1(A) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any -------------------------------- payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that 76 which is a Business Day (except as otherwise provided in Sections Section 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Payments Due on Non-Business Day. 57- If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(dSection 401(a)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may shall 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 as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Samples: Trust Agreement (Caremark Rx Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day, except that, if such Business Day (except as otherwise provided is in Sections 4.1(a) and 4.2(d))the next succeeding calendar year, with the same force and effect as though such payment shall be made on the date fixed for such immediately preceding Business Day (and without any reduction of interest or any other payment, and no interest shall accrue thereon for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d4.2(Debentures)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Provident Trust I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections Section 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Metrocorp Inc)
Payments Due on Non-Business Day. If the date fixed for --------------------------------- any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(aSection 4.1 (a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Alcoa Trust I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be maybe made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Samples: Preferred Securities Purchase Agreement (Diamond Foods Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue thereon accumulate on such unpaid amount for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any and -------------------------------- payment on any Trust Security shall be a day that is not a Business Day, then such payment need 57 not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(dSection 4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a3(a) and 4.2(d))4(d) of Annex I hereto, with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and Section 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Busi- ness Day, then such payment need not be made on such date but may shall 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 as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day [(except as otherwise provided in Sections 4.1(a) and 4.2(d))], with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Samples: Trust Agreement (SVB Capital I)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d4.2(e)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Preferred Security shall be a day that is not a Business Day, then such payment need not be made on such date but may way be made on an the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(athis Trust Agreement) and 4.2(d)), 44 with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Teco Energy Inc)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that which is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(dSection 4.01(a)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that which is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.as
Appears in 1 contract
Samples: Trust Agreement (Flagstar Trust)
Payments Due on Non-Business Day. If the date fixed for any -------------------------------- payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(dSection 4.02(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
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Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise -44- provided in Sections 4.1(a401(a) and 4.2(d402(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.
Appears in 1 contract
Samples: Trust Agreement (Nevada Power Co)
Payments Due on Non-Business Day. If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest Distributions shall accrue accumulate thereon for the period after such date.
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