Common use of Shortening of Stated Maturity Clause in Contracts

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 , 2007, 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.

Appears in 1 contract

Samples: Junior Subordinated Indenture (American Safety Insurance Group LTD)

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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 _________ __, 2007____, 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 effectiveness, thereof.

Appears in 1 contract

Samples: Gold Banc Corp Inc

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 August 2, 20072004, 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 thereofthereof and provided that the Company shall have received prior regulatory approval, if required.

Appears in 1 contract

Samples: Allegiant Bancorp Inc

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 ___________, 20072003, 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 effectiveness, thereof.

Appears in 1 contract

Samples: Sun Capital Trust Ii

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 ____ __, 20072003, 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.

Appears in 1 contract

Samples: Mason Dixon Capital Trust Ii

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 ____________, 20072004, 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 thereofthereof and provided that the Company shall have received prior regulatory approval, if required.

Appears in 1 contract

Samples: Allegiant Capital Trust I

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 ____________, 20072004, 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.

Appears in 1 contract

Samples: Gbci Capital Trust Ii

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 ______ __, 20072003, 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.

Appears in 1 contract

Samples: American Bancshares Inc \Fl\

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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 _________ __, 20072004, 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 effectiveness, thereof.

Appears in 1 contract

Samples: First Star Capital Trust

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 _____ __, 20072006, 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 thereofthereof and provided that the Company shall have received prior regulatory approval, if required.

Appears in 1 contract

Samples: Allegiant Capital Trust Ii

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 _________, 20072006, 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.

Appears in 1 contract

Samples: Sman Capital Trust 1

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 _____________, 20072005, 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.

Appears in 1 contract

Samples: Provident Trust Ii

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