Common use of Special Interest Notice Clause in Contracts

Special Interest Notice. In the event that the Company shall have elected to pay Special Interest in accordance with the provisions of Section 2.19(c), the Company will provide written notice (“Special Interest Notice”) to the Trustee of its election to pay Special Interest no later than fifteen (15) calendar days prior to the proposed payment date for Special Interest, and the Special Interest Notice shall set forth the amount of Special Interest to be paid by the Company on such payment date. The Trustee shall not at any time be under any duty or responsibility to any Holder of Notes to determine the Special Interest, or with respect to the nature, extent or calculation of the amount of Special Interest when made, or with respect to the method employed in such calculation of the Special Interest.

Appears in 2 contracts

Samples: Twelfth Supplemental Indenture (Developers Diversified Realty Corp), Supplemental Indenture (Developers Diversified Realty Corp)

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Special Interest Notice. In the event that the Company shall have elected is required to pay Special Interest in accordance with to Holders of Notes of either series pursuant to the provisions of Section 2.19(c)Registration Rights Agreement, the Company will provide written notice (“Special Interest Notice”) to the Trustee of its election obligation to pay Special Interest no later than fifteen (15) calendar days prior to the proposed payment date for the Special Interest, and the Special Interest Notice shall set forth the amount of Special Interest to be paid by the Company on such payment date. The Trustee shall not at any time be under any duty or responsibility to any Holder of Notes of such series to determine the Special Interest, or with respect to the nature, extent extent, or calculation of the amount of Special Interest when madeowed, or with respect to the method employed in such calculation of the Special Interest.

Appears in 1 contract

Samples: Indenture (Aircastle LTD)

Special Interest Notice. In the event that the Company shall have elected is required to pay Special Interest in accordance with to Holders of the provisions of Section 2.19(c)Securities pursuant to the Exchange and Registration Rights Agreement, the Company will provide written notice (“Special Interest Notice”"SPECIAL INTEREST NOTICE") to the Trustee of its election obligation to pay such Special Interest no later than fifteen (15) calendar days prior to the proposed payment date for such Special Interest, and the Special Interest Notice shall set forth the amount of such Special Interest to be paid by the Company on such payment date. The Trustee shall not at any time be under any duty or responsibility to any Holder of Notes the Securities to determine the amount of Special Interest, or with respect to the nature, extent extent, or calculation of the amount of Special Interest when madeowed, or with respect to the method employed in such calculation of the Special Interest.

Appears in 1 contract

Samples: Western Wireless Corp

Special Interest Notice. In the event that the Company shall have elected is required to pay Special Interest in accordance with to Holders of Notes pursuant to the provisions of Section 2.19(c)Registration Rights Agreement, the Company will provide written notice (“Special Interest Notice”) to the Trustee of its election obligation to pay Special Interest no later than fifteen (15) 15 calendar days prior to the proposed payment date Interest Payment Date for Special Interest, and the Special Interest Notice shall set forth the amount of Special Interest to be paid by the Company on such payment dateInterest Payment Date. The Trustee shall not at any time be under any duty or responsibility to any Holder of Notes to determine the Special Interest, or with respect to the nature, extent or calculation of the amount of Special Interest when made, or with respect to the method employed in such calculation of the Special Interest.

Appears in 1 contract

Samples: Indenture (Greektown Superholdings, Inc.)

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Special Interest Notice. In the event that the Company shall have has elected to pay Special Interest in accordance with the provisions to Holders of Notes pursuant to Section 2.19(c)4.01 of this Supplemental Indenture, the Company will provide written notice (“Special Interest Notice”) to the Trustee of its election to pay Special Interest no later than fifteen (15) calendar days prior to the proposed payment date for Special Interest, and the Special Interest Notice shall set forth the amount of Special Interest to be paid by the Company on such payment date. The Trustee shall not at any time be under any duty or responsibility to any Holder of Notes to determine the Special Interest, or with respect to the nature, extent or calculation of the amount of Special Interest when made, or with respect to the method employed in such calculation of the Special Interest.

Appears in 1 contract

Samples: Indenture (KKR Financial Holdings LLC)

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