Common use of Place of Payment of Principal and Interest Clause in Contracts

Place of Payment of Principal and Interest. So long as the Notes are issued in the form of one or more Global Securities, the Company shall make, or cause the Paying Agent to make, all payments of principal and interest on the Notes by wire transfer in immediately available funds to DTC or its nominee, in accordance with applicable procedures of DTC. If the Notes are not so issued, the Company may, at its option, make, or cause the Paying Agent to make, payments of principal and interest on the Notes by check mailed to the address of the Holder specified in accordance with Sections 3.02(e)(i) or (e)(ii).

Appears in 4 contracts

Samples: First Supplemental Indenture (Enterprise Financial Services Corp), First Supplemental Indenture (TriState Capital Holdings, Inc.), First Supplemental Indenture (First Interstate Bancsystem Inc)

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Place of Payment of Principal and Interest. So long as the Notes are issued in the form of one or more Global Securitiesglobal securities, the Company shall make, or cause the Paying Agent to make, all payments of principal and interest on the Notes by wire transfer in immediately available funds to DTC or its nominee, in accordance with applicable procedures of DTC. If the Notes are not so issued, the Company may, at its option, make, or cause the Paying Agent to make, payments of principal and interest on the Notes by check mailed to the address of the Holder specified in accordance with Sections 3.02(e)(i) or (e)(ii)) above.

Appears in 1 contract

Samples: First Supplemental Indenture (Origin Bancorp, Inc.)

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