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 give written notice to the Trustee.
Appears in 3 contracts
Samples: Indenture (Everest Re Capital Trust Iii), Everest Re Group LTD, Everest Re Capital Trust
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 Corporation 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 Corporation Company has the right to redeem the Securities of such series. In the event that the Corporation 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: Unumprovident Financing Trust Iii, Union Planters Corp
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 Corporation 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 Corporation Company has the right to redeem the Securities of such series. In the event that the Corporation 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
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 give written notice to the Trusteedate.
Appears in 2 contracts
Samples: Indenture (Centura Banks Inc), First Hawaiian 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 Corporation 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 Corporation Company has the right to redeem the Securities of such series. In the event that the Corporation Company elects to shorten the Stated Maturity of the Securities of such series, it shall give given written notice to the Trustee.
Appears in 2 contracts
Samples: Onb Capital Trust Iv, HCC Capital Trust Ii
