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: Indenture (WSFS Financial Corp), Pacific Crest Capital Inc, 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 given written notice to the Trustee.
Appears in 1 contract
Samples: Southern States Capital Trust I
