Satisfaction of Sinking Fund Payments with Securities. The Company (i) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 57 contracts
Samples: Indenture (Americas Carmart Inc), Indenture (Universal Logistics Holdings, Inc.), Indenture (Pam Transportation Services Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which previously have been redeemed by the Company either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, or have been otherwise acquired by the Company as permitted by such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 46 contracts
Samples: Indenture (Valley National Bancorp), Indenture (Valley National Bancorp), Indenture (Imperial Petroleum Inc./Marshall Islands)
Satisfaction of Sinking Fund Payments with Securities. The Company (ia) may deliver to the Trustee Outstanding Securities of a series (other than any previously called for redemption) together, of a series or Tranche in the case respect of Bearer Securities of such series, with all unmatured coupons appertaining thereto which a mandatory sinking fund payment is to be made and (iib) may apply as a credit Securities of a such series or Tranche which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any such mandatory sinking fund payment with respect to the Securities of such series required to series; provided, however, that no Securities shall be made pursuant to the terms applied in satisfaction of a mandatory sinking fund payment if such Securities as provided for by the terms of such series; provided that such Securities shall have not been previously so creditedapplied. Such Securities so applied shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such mandatory sinking fund payment shall be reduced accordingly.
Appears in 43 contracts
Samples: First Mortgage (Duke Energy Ohio, Inc.), First Mortgage (Duke Energy Ohio, Inc.), Indenture, Deed of Trust and Security Agreement (Entergy Texas, Inc.)
Satisfaction of Sinking Fund Payments with Securities. The Company may (i1) may deliver to the Trustee Outstanding Securities of a series (other than any previously called for redemption) together, in theretofore purchased or otherwise acquired by the case of Bearer Company and (2) receive credit for Securities of such series, with all unmatured coupons appertaining thereto and (ii) may apply as a credit series which have been previously delivered to the Trustee by the Company or for Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such the same series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; Series, provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 27 contracts
Samples: Indenture (Carnival PLC), Indenture (Carnival PLC), Indenture (Carnival PLC)
Satisfaction of Sinking Fund Payments with Securities. The Company (ia) may deliver to the Trustee Outstanding Securities of a series (other than any previously called for redemption) together, of a series or Tranche in the case respect of Bearer Securities of such series, with all unmatured coupons appertaining thereto which a mandatory sinking fund payment is to be made and (iib) may apply as a credit Securities of a such series or Tranche which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any such mandatory sinking fund payment; provided, however, that no Securities shall be applied in satisfaction of a mandatory sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of if such Securities as provided for by the terms of such series; provided that such Securities shall have not been previously so creditedapplied. Such Securities so applied shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such mandatory sinking fund payment shall be reduced accordingly.
Appears in 19 contracts
Samples: Indenture (Entergy Mississippi Inc), Indenture (Pp&l Capital Funding Inc), Subordinated Indenture (Pp&l Capital Funding Trust I)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 16 contracts
Samples: Indenture (Baker Hughes Inc), Indenture (Union Texas Petroleum Holdings Inc), Indenture (American Water Capital Corp)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been converted pursuant to Article Twelve or Securities of a series which have been acquired or redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such SecuritiesSecurities or otherwise, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 11 contracts
Samples: Indenture (Nabors Industries Inc), Indenture (Nabors Industries LTD), Indenture (Nabors Industries LTD)
Satisfaction of Sinking Fund Payments with Securities. The Company (i) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto and (ii) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 10 contracts
Samples: Indenture (Waste Connections Inc/De), Indenture (Waste Connections Inc/De), Indenture (Banc One Corp /Oh/)
Satisfaction of Sinking Fund Payments with Securities. The Company (ia) may deliver Outstanding outstanding Securities of a series with the same issue date, interest rate and Stated Maturity (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (iib) may apply as a credit Securities of a series with the same issue date, interest rate and Stated Maturity which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any mandatory sinking fund payment with respect to the Securities of such series required to be made pursuant to with the terms of such Securities as provided for by the terms of such seriessame issue date, interest rate and Stated Maturity; provided provided, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 8 contracts
Samples: Indenture (Lifepoint Health, Inc.), Indenture (West Virginia Management Services Organization, Inc.), Indenture (West Virginia Management Services Organization, Inc.)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided PROVIDED that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 7 contracts
Samples: Indenture (NGC Corp), Indenture (NGC Corp), Indenture (Dynegy Holdings Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities Securities, as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 6 contracts
Samples: Indenture (United States Surgical Corp), Indenture (United States Surgical Corp), Indenture (United States Surgical Corp)
Satisfaction of Sinking Fund Payments with Securities. The Company (ia) may deliver Outstanding Securities of a series with the same issue date, interest rate and Stated Maturity (other than any previously called for redemption) together), in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (iib) may apply as a credit Securities of a series with the same issue date, interest rate and Stated Maturity which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any mandatory sinking fund payment with respect to the Securities of such series required to be made pursuant to with the terms of such Securities as provided for by the terms of such seriessame issue date, interest rate and Stated Maturity; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 6 contracts
Samples: Indenture (O&M Halyard, Inc.), Indenture (O&M Halyard, Inc.), Indenture (Owens & Minor Inc/Va/)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series with the same issue date, interest rate and Stated Maturity (other than any previously called for redemption) together), in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series with the same issue date, interest rate and Stated Maturity which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case case, in satisfaction of all or any part of any mandatory sinking fund payment with respect to the Securities of such series required to be made pursuant to with the terms of such Securities as provided for by the terms of such seriessame issue date, interest rate and Stated Maturity; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 5 contracts
Samples: Indenture (Aimco Properties Lp), Indenture (Aimco Properties Lp), Indenture (Aimco Properties Lp)
Satisfaction of Sinking Fund Payments with Securities. The Company may (i) may deliver to the Trustee Outstanding Securities of a series (other than any previously called for redemption) together, in theretofore purchased or otherwise acquired by the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto Company and (ii) may apply as receive credit for Securities of a credit series which have been previously delivered to the Trustee by the Company or for Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such the same series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 5 contracts
Samples: Indenture (Energy Partners LTD), Indenture (Burlington Resources Finance Co), Indenture (Burlington Resources Finance Co)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons coupons, if any, appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided provided, however, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 5 contracts
Samples: Indenture (Meritor, Inc. (Nev)), Indenture (Meritor Electric Vehicles, LLC), Indenture (Meritor Automotive Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which previously have been redeemed by the Company either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, or have been otherwise acquired by the Company as permitted by such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities to be so credited have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 4 contracts
Samples: Indenture (Abacus Life, Inc.), Indenture (Abacus Life, Inc.), Indenture (United Community Banks Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided provided, however, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee for such Securities at the Redemption Price specified in such Securities for redemption through operation of the sinking fund principal amount thereof and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 4 contracts
Samples: Indenture (Kraft Heinz Co), Indenture (Kraft Foods Inc), Indenture (Philip Morris Companies Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (ia) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (iib) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided provided, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 4 contracts
Samples: Indenture (Indiana Bell Telephone Co Inc), Indenture (Ameritech Capital Funding Corp), Indenture (Scripps E W Co /De)
Satisfaction of Sinking Fund Payments with Securities. The Company Issuers (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been converted or exchanged in accordance with their terms, or which have been previously delivered to the Trustee for cancellation, or which have been redeemed either at the election of the Company Issuers pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the any Securities of such series required to be made pursuant to the terms of such Securities as and to the extent provided for by the terms of such seriesSecurities; provided that such the Securities to be so credited have not been previously so credited. Such The Securities to be so credited shall be received and credited for such purpose by the Trustee at the Redemption Price Price, as specified in the Securities so to be redeemed (or at such other prices as may be specified for such Securities as contemplated in Section 3.01), for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 3 contracts
Samples: Senior Debt Indenture (Jefferies Group Capital Finance Inc.), Subordinated Debt Indenture (Jefferies Group Capital Finance Inc.), Senior Debt Indenture (Jefferies Group Capital Finance Inc.)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been (x) converted into Common Stock or (y) redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; , provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 3 contracts
Samples: Subordinated Indenture (Newfield Exploration Co /De/), Subordinated Indenture (Newfield Financial Trust Ii), Subordinated Indenture (Marine 300 Series Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any Securities previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been (i) previously cancelled pursuant to Section 3.9 or delivered for cancellation or (ii) redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments Optional Sinking Fund Payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment Mandatory Sinking Fund Payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited at the principal amount for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment Mandatory Sinking Fund Payment shall be reduced accordingly.
Appears in 3 contracts
Samples: Subordinated Debt Indenture (Adelphia Communications Corp), Senior Debt Indenture (Insight Communications Co Inc), Senior Debt Indenture (Adelphia Communications Corp)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; , provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 3 contracts
Samples: Senior Indenture (Newfield Exploration Co /De/), Indenture (Marine 300 Series Inc), Senior Indenture (Newfield Financial Trust Ii)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any Securities previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been converted pursuant to the terms of such Securities or which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 3 contracts
Samples: Indenture (New York Times Co), Indenture (New York Times Co), Indenture (RCC Western Stores, Inc.)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been (x) converted into Common Stock or (y) redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 3 contracts
Samples: Subordinated Indenture (Dynegy Capital Trust Ii), Subordinated Indenture (Dynegy Capital Trust Iii), Senior Debt Indenture (Dynegy Capital Trust Iii)
Satisfaction of Sinking Fund Payments with Securities. The Company (i) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided PROVIDED that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 3 contracts
Samples: Subordinated Indenture (Conseco Inc Et Al), Indenture (Cihc Inc), Second Senior Indenture (Cihc Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company or the Guarantor, as the case may be, (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company or the Guarantor, as the case may be, pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such seriesSecurities; provided that such the Securities to be credited have not been previously so credited. Such The Securities to be so credited shall be received and credited for such purpose by the Trustee at the Redemption Price Price, as specified in such the Securities so to be redeemed, for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Coca-Cola Hellenic Bottling Co Sa), Indenture (Coca-Cola Hellenic Bottling Co Sa)
Satisfaction of Sinking Fund Payments with Securities. The Company (i) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto and (ii) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. -------- Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (National Commerce Bancorporation), Indenture (National Commerce Bancorporation)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any Securities previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been (i) previously cancelled pursuant to Section 309 or delivered for cancellation or (ii) redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments Optional Sinking Fund Payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment Mandatory Sinking Fund Payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited at the principal amount for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment Mandatory Sinking Fund Payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Kennametal Inc), Indenture (Kennametal Financing I)
Satisfaction of Sinking Fund Payments with Securities. The Company may (i1) may deliver to the Trustee Outstanding Securities of a series (other than any previously called for redemption), and (2) together, in the case of Bearer receive credit for Securities of such series, with all unmatured coupons appertaining thereto and (ii) may apply as a credit series which have been previously delivered to the Trustee by the Company or for Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such the same series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall will be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall will be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Otis Worldwide Corp), Indenture (Highland Holdings S.a r.l.)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Stewart Enterprises Inc), Indenture (Stewart Enterprises Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company If provided by the terms of Securities of any series, the Company
(ia) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and and
(iib) may apply as a credit Securities of a series which that have been repurchased at the option of a holder or redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; , provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund fund, and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture Regarding Subordinated Securities (Mercantile Bancorporation Inc), Indenture Regarding Subordinated Securities (Mercantile Bancorporation Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company may, in satisfaction of all or any part of any mandatory sinking fund with respect to the Securities of a series, (i1) may deliver Outstanding Securities of a such series (other than any previously called for redemption) together, together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a such series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such seriesSecurities, or which have otherwise been acquired by the Company; provided that such Securities so delivered or applied as a credit have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the applicable Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such mandatory sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (First Union Real Estate Equity & Mortgage Investments), Indenture (First Union Real Estate Equity & Mortgage Investments)
Satisfaction of Sinking Fund Payments with Securities. The Company or the Guarantor (ia) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, of a series or Tranche in the case respect of Bearer Securities of such series, with all unmatured coupons appertaining thereto which a mandatory sinking fund payment is to be made and (iib) may apply as a credit Securities of a such series or Tranche which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any such mandatory sinking fund payment; provided, however, that no Securities shall be applied in satisfaction of a mandatory sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of if such Securities as provided for by the terms of such series; provided that such Securities shall have not been previously so creditedapplied. Such Securities so applied shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such mandatory sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Agl Capital Trust Iii), Indenture (Agl Resources Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series together in the case of any Bearer Securities, with all unmatured coupons appertaining thereto (other than any previously called for redemption) together), in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any mandatory sinking fund payment with respect to the Securities of such series required to be by made pursuant to the terms of such Securities as provided for by the terms of such series; Securities: provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such mandatory sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided PROVIDED, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (New Nisource Inc), Indenture (New Nisource Inc)
Satisfaction of Sinking Fund Payments with Securities. The ----------------------------------------------------- Company (i) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii) may apply as a credit Securities of a series which that have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Acterna Corp), Subordinated Indenture (Acterna Corp)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver to the Trustee Outstanding Securities of a series (other than any previously called for redemption) together, in theretofore purchased or otherwise acquired by the case of Bearer Company and (2) may receive credit for Securities of such series, with all unmatured coupons appertaining thereto and (ii) may apply as a credit series which have been previously delivered to the Trustee by the Company or for Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any mandatory sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such mandatory sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Portland General Electric Co /Or/), Indenture (Eog Resources Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been redeemed either earlier at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities or through the application of permitted option sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided provided, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Roper Industries Inc /De/), Indenture (Infocure Corp)
Satisfaction of Sinking Fund Payments with Securities. The Company Trust or the Corporation, as the case may be, (i1) may deliver Outstanding Securities of a series (other than any Securities previously called for redemption) together), together in the case of any Bearer Securities of for such series, series with all unmatured coupons Coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company such Company, pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Starwood Lodging Trust), Indenture (Starwood Lodging Corp)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons Coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Kirby Corp), Indenture (Dole Food Co Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company Issuer (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company Issuer pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such seriesSecurities; provided that such the Securities to be credited have not been previously so credited. Such The Securities to be so credited shall be received and credited for such purpose by the Trustee at the Redemption Price Price, as specified in such the Securities so to be redeemed, for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Diageo Investment Corp), Indenture (Diageo PLC)
Satisfaction of Sinking Fund Payments with Securities. The Company Company
(i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so -------- credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Mead Corp), Indenture (Meadwestvaco Corp)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any Securities previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been (i) previously cancelled pursuant to Section 3.9 above or delivered for cancellation or (ii) redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments Optional Sinking Fund Payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment Mandatory Sinking Fund Payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited at the principal amount for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment Mandatory Sinking Fund Payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Senior Debt Indenture (Kforce Inc), Subordinated Debt Indenture (Kforce Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company may, in satisfaction of all or any part of any mandatory sinking fund with respect to the Securities of a series, (i1) may deliver Outstanding Securities of a such series (other than any previously called for redemption) together, together in the case of any Bearer Securities of such series, series with all unmatured matured coupons appertaining thereto and (ii2) may apply as a credit Securities of a such series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such seriesSecurities, or which have otherwise been acquired by the Company; provided that such Securities so delivered or applied as a credit have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the applicable Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such mandatory sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Capital Lease Funding Inc), Indenture (Friedman Billings Ramsey Group Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series with the same issue date, interest rate and Stated Maturity (other than any previously called for redemption) together), in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series with the same issue date, interest rate and Stated Maturity which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case case, in satisfaction of all or any part of any mandatory sinking fund payment with respect to the Securities of such series required to be made pursuant to with the terms of such Securities as provided for by the terms of such seriessame issue date, interest rate and Stated Maturity; provided PROVIDED that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Apartment Investment & Management Co), Indenture (Apartment Investment & Management Co)
Satisfaction of Sinking Fund Payments with Securities. The Company NiSource Finance (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company NiSource Finance pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided provided, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Nisource Finance Corp), Indenture (Nisource Finance Corp)
Satisfaction of Sinking Fund Payments with Securities. The Company PEC (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company PEC pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided PROVIDED, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 2 contracts
Samples: Indenture (Pec Funding Trust I), Indenture (Pec Funding Trust I)
Satisfaction of Sinking Fund Payments with Securities. The Company Issuers (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company Issuers pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided provided, however, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee for such Securities at the Redemption Price specified in such Securities for redemption through operation of the sinking fund principal amount thereof and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Satisfaction of Sinking Fund Payments with Securities. The Company Company: (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such SecuritiesSecurities and (3) may apply as a credit Securities of such series that have been surrendered to the Company for conversion, in each case in satisfaction of all or any part of any sinking fund payment with respect to the any Securities of such series required to be made pursuant to the terms of such Securities as and to the extent provided for by the terms of such seriesSecurities; provided that such the Securities to be so credited have not been previously so credited. Such The Securities to be so credited shall be received and credited for such purpose by the Trustee at the Redemption Price Price, as specified in such the Securities so to be redeemed, for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Aegon Funding Corp)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto thereto, and (ii2) 57 may apply as a credit Securities of a series which that have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Times Mirror Co /New/)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been redeemed other than through operation of a mandatory sinking fund (or called for redemption and for which the Redemption Price, together with accrued interest, if any, has been deposited pursuant to Section 1105), either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any mandatory sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Nordstrom Credit Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been converted pursuant to Article Fifteen or which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such SecuritiesSecurities or which have otherwise been acquired by the Company, in each case in satisfaction of all or any part of any sinking fund payment with respect to the any Securities of such series required to be made pursuant to the terms of such Securities as and to the extent provided for by the terms of such seriesSecurities; provided that such the Securities to be so credited have not been previously so credited. Such The Securities to be so credited shall be received and credited for such purpose by the Trustee at the Redemption Price Price, as specified in such the Securities so to be redeemed, for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Satisfaction of Sinking Fund Payments with Securities. The Company (ia) may deliver Outstanding Securities of a series (other than any Securities previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (iib) may apply as a credit Securities of a series which have been (i) previously cancelled pursuant to Section 3.09 or delivered for cancellation or (ii) redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments Optional Sinking Fund Payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment Mandatory Sinking Fund Payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited at the principal amount for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment Mandatory Sinking Fund Payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Kennametal Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been (x) converted into Common Stock, if applicable, or (y) redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Subordinated Debt Indenture (Dynegy Capital Trust Iii)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for of redemption) together), together in the case of for any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Satisfaction of Sinking Fund Payments with Securities. The Company Company: (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such SecuritiesSecurities and (3) may apply as a credit Securities of such series that have been surrendered to the Company for conversion, in each case in satisfaction of all or any part of any sinking fund payment with respect to the any Securities of such series required to be made pursuant to the terms of such Securities as and to the extent provided for by the terms of such seriesSecurities; provided that such the Securities to be so credited have not been previously so credited. Such The Securities to be so credited shall be received and credited for such purpose by the Trustee at the Redemption Price Price, as specified in such the Securities so to be redeemed, for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (TPG Nv)
Satisfaction of Sinking Fund Payments with Securities. The Company may (i1) may deliver to the Trustee Outstanding Securities of a series (other than any previously called for redemption) togethertheretofore purchased or otherwise acquired by the Company, in the case of Bearer and (2) receive credit for Securities of such series, with all unmatured coupons appertaining thereto and (ii) may apply as a credit series which have been previously delivered to the Trustee by the Company or for Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such the same series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; Series, provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Ford Motor Credit Co LLC)
Satisfaction of Sinking Fund Payments with Securities. The Company (ia) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (iib) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided provided, however, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Snyder Oil Corp)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided provided, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee Security Registrar at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Detroit Edison Co)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto thereto, and (ii2) 57 66 may apply as a credit Securities of a series which that have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Times Mirror Co /New/)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons Coupons, if any, appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided provided, however, that such -------- ------- Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Fortune Brands Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, together in the case of any Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities [of a series which that have been converted pursuant to Article 12 or] that have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such seriesSeries; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Satisfaction of Sinking Fund Payments with Securities. The Company (i) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at for the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Fleet Capital Trust Ix)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons Coupons, if any, appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided provided, however, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Fortune Brands Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (ia) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, of a series in the case respect of Bearer Securities of such series, with all unmatured coupons appertaining thereto which a mandatory sinking fund payment is to be made and (iib) may apply as a credit Securities of a such series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such SecuritiesSecurities or Outstanding Securities purchased by the Company, in each case in satisfaction of all or any part of any such mandatory sinking fund payment with respect to the Securities of such series required to series; provided, however, that no Securities shall be made pursuant to the terms applied in satisfaction of a mandatory sinking fund payment if such Securities as provided for by the terms of such series; provided that such Securities shall have not been previously so creditedapplied. Such Securities so applied shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such mandatory sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Trust Indenture (Duquesne Light Co)
Satisfaction of Sinking Fund Payments with Securities. The Company (ia) may deliver to the Trustee Outstanding Securities of a series (other than any previously called for redemption) together, of a series in the case respect of Bearer Securities of such series, with all unmatured coupons appertaining thereto which a mandatory sinking fund payment is to be made and (iib) may apply as a credit Securities of a such series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such SecuritiesSecurities or Outstanding Securities purchased by the Company, in each case in satisfaction of all or any part of any such mandatory sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided provided, however, that no Securities shall be applied in satisfaction of a mandatory sinking fund payment if such Securities securities shall have not been previously so creditedapplied. Such Securities so applied shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such mandatory sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Satisfaction of Sinking Fund Payments with Securities. The Company (i) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided PROVIDED that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price 110 specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been converted pursuant to Article Twelve or Securities of a series which have been acquired or redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such SecuritiesSecurities or otherwise, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not 78 been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Nabors Industries LTD)
Satisfaction of Sinking Fund Payments with Securities. The ----------------------------------------------------- Company may (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), in the case of together with any unmatured coupons appertaining to any Bearer Securities of such series, with all unmatured coupons appertaining thereto series and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Motorola Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been redeemed (or called for redemption and for which the Redemption Price, together with accrue interest, if any, has been deposited pursuant to Section 1005), either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any mandatory sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Weyerhaeuser Co)
Satisfaction of Sinking Fund Payments with Securities. The Company In lieu of making all or part of any sinking fund payments in cash with respect to Securities of any series, the Company
(ia) may deliver to the Trustee for cancellation Outstanding Securities of a such series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and and
(iib) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided provided, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Dusa Pharmaceuticals Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for of redemption) together), together in the case of for any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been converted pursuant to Article Thirteen or which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Subordinated Debt Securities Indenture (Noble Affiliates Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto and (ii) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.. 55
Appears in 1 contract
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such 108 102 Securities as provided for by the terms of such series; provided provided, however, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee for such Securities at the Redemption Price specified in such Securities for redemption through operation of the sinking fund principal amount thereof and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Cardinal Health Inc)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which that have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Times Mirror Co /New/)
Satisfaction of Sinking Fund Payments with Securities. The Company PEC (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company PEC pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided provided, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Peoples Energy Corp)
Satisfaction of Sinking Fund Payments with Securities. The Company or the Guarantor (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided provided, however, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee for such Securities at the Redemption Price specified in such Securities for redemption through operation of the sinking fund principal amount thereof and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Keyspan Corp)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series with the same issue date, interest rate and Stated Maturity (other than any previously called for redemption) together), in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series with the same issue date, interest rate and Stated Maturity which have been redeemed either at the election of the Company 42 pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case case, in satisfaction of all or any part of any mandatory sinking fund payment with respect to the Securities of such series required to be made pursuant to with the terms of such Securities as provided for by the terms of such seriessame issue date, interest rate and Stated Maturity; provided PROVIDED that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Satisfaction of Sinking Fund Payments with Securities. The Company (i) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii) may apply as a 77 credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided PROVIDED that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Senior Indenture (Conseco Inc Et Al)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together), together in the case of any Bearer Securities of such series, series with all unmatured coupons appertaining thereto thereto, and (ii2) may apply as a credit Securities of a series which have been (x) converted into Common Stock or (y) redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided , provided, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been (a) redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, (b) converted pursuant to Article Sixteen or (c) canceled or delivered for cancellation pursuant to Section 309, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Satisfaction of Sinking Fund Payments with Securities. The Company may (i1) may deliver to the Trustee Outstanding Securities of a series (other than any previously called for redemption) together, in theretofore purchased or otherwise acquired by the case of Bearer Company and (2) receive credit for Securities of such series, with all unmatured coupons appertaining thereto and (ii) may apply as a credit series which have been previously delivered to the Trustee by the Company or for Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such the same series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; Series, provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.. 73
Appears in 1 contract
Satisfaction of Sinking Fund Payments with Securities. The Unless the form or terms of any series of Securities shall provide otherwise, the Company (ia) may deliver to the Trustee Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto [and (iib) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case case] in satisfaction of all or any part of any sinking fund payment with respect to the any Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such seriesSecurities; provided provided, that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Onb Capital Trust Iv)
Satisfaction of Sinking Fund Payments with Securities. The Company (i1) may deliver Outstanding Securities of a series (other than any previously called for redemption) together, in the case of Bearer Securities of such series, with all unmatured coupons appertaining thereto and (ii2) may apply as a credit Securities of a series which have been acquired or redeemed either at the election of the Company pursuant to the terms of such Securities or 79 1202,1203,1301 70 through the application of permitted optional sinking fund payments or which have been converted into Common Stock or otherwise acquired by the Company pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series; provided that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.
Appears in 1 contract
Samples: Indenture (Anadarko Petroleum Corp)
