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.
Appears in 5 contracts
Samples: Junior Subordinated Indenture (Pacific Crest Capital Inc), Junior Subordinated Indenture (Greater Bay Bancorp), Junior Subordinated Indenture (PCC Capital I)
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 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 Company 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 give written notice to the Trustee.
Appears in 3 contracts
Samples: Junior Subordinated Indenture (Everest Re Capital Trust Iii), Junior Subordinated Indenture (Everest Re Capital Trust), Junior Subordinated Indenture (Everest Re Group LTD)
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 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 Company has the right to redeem the Securities of such seriesdate.
Appears in 2 contracts
Samples: Junior Subordinated Indenture (Centura Banks Inc), Junior Subordinated Indenture (First Hawaiian Capital I)
Shortening of Stated Maturity. If specified as contemplated by Section 2.1 201 or Section 3.1 301 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 of such series, it shall give written notice to the Trustee.
Appears in 2 contracts
Samples: Junior Subordinated Indenture (Everest Re Capital Trust Iii), Junior Subordinated Indenture (Everest Re Group LTD)
Shortening of Stated Maturity. If specified as contemplated by Section 2.1 201 or Section 3.1 301 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 of such series, it shall give written notice to the Trustee.
Appears in 2 contracts
Samples: Indenture (Unumprovident Financing Trust Iii), Indenture (Union Planters Corp)
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 of such series, it shall given written notice to the Trustee.
Appears in 2 contracts
Samples: Indenture (HCC Capital Trust Ii), Indenture (Onb Capital Trust Iv)
