Shortening of Stated Maturity. If specified as contemplated by Section 2.1 or Section 3.1 with respect to the Securities of a particular series, the Company shall have the right to shorten the Stated Maturity of the principal of the Securities of such series at any time to any date not earlier than the first date on which the Company has the right to redeem the Securities of such series.
Shortening of Stated Maturity. The Company shall have the right to shorten the Stated Maturity of the principal of the Securities at any time to any date not earlier than _____________, 2005, provided that the Company shall give notice to the Holders, the Trustee and, in the case of Securities issued to an Issuer Trust, the Issuer Trust of such shortening no less than 90 days prior to the effectiveness thereof.
Shortening of Stated Maturity. If specified as contemplated by Section 2.1 or Section 3.1 with respect to the Securities of a particular series, the Company shall have the right to shorten the Stated Maturity of the principal of the Securities of such series at any time to any date not earlier than the first date on which the Company has the right to redeem the Securities of such series. In the event that the Company elects to shorten the Stated Maturity of the Securities, it shall give notice to the Indenture Trustee, and the Indenture Trustee shall give notice of such shortening to the holders of the Securities no less than 60 days prior to the effectiveness thereof.
Shortening of Stated Maturity. The Company shall have the right to shorten the Stated Maturity of the principal of the Securities at any time to any date not earlier than the first date on which the Company has the right to redeem the Securities.
Shortening of Stated Maturity. If specified as contemplated by Section 2.1 or 3.1 with respect to the Securities of a particular series, the Company shall have the right to shorten the Stated Maturity of the principal of the Securities of such series at any time to any date not earlier than the first date on which the Company has the right to redeem the Securities of such series. In the event the Company elects to shorten the Stated Maturity of any Securities, it shall give written notice to the Trustee (which shall allow sufficient time to the Trustee to comply with the notice requirement thereof), and the Trustee shall give notice of such shortening to the Holders, no less than 30 and no more than 60 days prior to the effectiveness thereof.
Shortening of Stated Maturity. If specified as contemplated by Section 2.1 or Section 3.1 with respect to the Securities of a particular series, the Company shall have the right to shorten the Stated Maturity of the principal of the Securities of such series at any time to any date not earlier than the first date on which the Company has the right to redeem the Securities of such series. In the event that the Company elects to shorten the Stated Maturity of the Junior Subordinated Debentures, it shall give notice to the Indenture Trustee, and the Indenture Trustee shall give notice of such shortening to the holders of the Securities no less than 60 days prior to the effectiveness thereof.
Shortening of Stated Maturity. Upon the occurrence of a Tax Event and subject to (i) the receipt by the Company of an opinion of independent tax counsel experienced in such matters that after advancing the Stated Maturity, interest paid on the Debentures will be deductible for United States income tax purposes and (ii) advancing the Stated Maturity shall not result in a taxable event to holders of the Preferred Securities, the Company shall have the right, prior to the termination of the Trust, to advance the Stated Maturity of the Debentures to the minimum extent required in order to allow for the payments of interest in respect of the Debentures to be tax deductible, provided that, in no event shall the resulting maturity of the Debentures be less than 15 years from the date of original issuance thereof. In the event that the Company elects to shorten the Stated Maturity of the Debentures pursuant to this Section 3.14, it shall give written notice to the Trustee, and the Trustee shall give notice of such shortening to the Holders, no less than 30 and no more than 60 days prior to the effectiveness thereof.
Shortening of Stated Maturity. If specified as contemplated by Section 2.1 or Section 3.1 with respect to the Securities of a particular series, the Corporation shall have the right to shorten the Stated Maturity of the principal of the Securities of such series at any time to any date not earlier than the first date on which the Corporation has the right to redeem the Securities of such series. In the event that the Corporation elects to shorten the Stated Maturity of the Securities of such series, it shall given written notice to the Trustee.
Shortening of Stated Maturity. If specified as contemplated by Section 2.1 or Section 3.1 with respect to the Securities of a particular series, the Company shall have the right, subject to certain conditions, if any are specified as contemplated by Section 2.1 or Section 3.1 with respect to the Securities of such series, to shorten the Stated Maturity of the principal of the Securities of such series at any time to any date not earlier than the fifteenth anniversary of the Original Issue Date of the Securities of such series. In the event the Company elects to shorten the Stated Maturity of the Securities of such series, it shall give written notice to the Trustee, and the Trustee shall give notice of such shortening to the Holders, no less than 30 and no more than 60 days prior to the effectiveness thereof.
Shortening of Stated Maturity. Success Bancshares shall have the right to shorten the Stated Maturity of the principal of the Securities at any time to any date not earlier than ________, 2003, subject to Success Bancshares having received prior approval of the Federal Reserve if then required under applicable capital guidelines or policies of the Federal Reserve. In the event Success Bancshares elects to shorten the Stated Maturity of the Securities, it shall give notice to the Holders, the Trustee and, in the case of Securities issued to Success Capital, Success Capital of such shortening no less than 90 days prior to the effectiveness thereof.
