Common use of Special Interest Clause in Contracts

Special Interest. If Special Interest is payable by the Company pursuant to Section 2 of the Notes, the Company shall deliver to the Trustee a certificate to that effect stating (i) the amount of such Special Interest that is payable and (ii) the date on which such Special Interest is payable. Unless and until a Trust Officer of the Trustee receives such a certificate, the Trustee may assume without inquiry that no such Special Interest is payable. If the Company has paid Special Interest directly to the persons entitled to it, the Company shall deliver to the Trustee a certificate setting forth the particulars of such payment.

Appears in 5 contracts

Samples: Indenture (Invitrogen Corp), Indenture (Peregrine Systems Inc), Indenture (Akamai Technologies Inc)

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Special Interest. If Special Interest is payable by the Company pursuant to Section 2 of the Notes, 5.02 the Company shall deliver to the Trustee a certificate an Officer’s Certificate to that effect stating (i) the amount of such Special Interest that is payable and (ii) the date on which such Special Interest is payable. Unless and until a Trust Responsible Officer of the Trustee receives such a certificate, the Trustee may assume without inquiry that no such Special Interest is payable. If the Company has paid Special Interest directly to the persons entitled to it, the Company shall deliver to the Trustee a certificate an Officer’s Certificate setting forth the particulars of such payment.

Appears in 2 contracts

Samples: Supplemental Indenture (Globalstar, Inc.), Second Supplemental Indenture (Globalstar, Inc.)

Special Interest. If Special Interest is payable by the Company pursuant to Section 2 of the NotesRegistration Rights Agreement, the Company company shall deliver to the Trustee a certificate to that effect stating (i) the amount of such Special Interest that is payable and (ii) the date on which such Special Interest interest is payable. Unless and until a Trust Responsible Officer of the Trustee receives such a certificate, the Trustee may assume without inquiry that no such Special Interest is payable. If the Company has paid Special Interest directly to the persons entitled to it, the Company shall deliver to the Trustee a certificate setting forth the particulars of such payment.

Appears in 1 contract

Samples: Indenture (Carters Imagination Inc)

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Special Interest. If at any time Special Interest is becomes payable by the Company pursuant to Section 2 of the Notes7.03 hereof, the Company shall promptly deliver to the Trustee a certificate to that effect and stating (i) the amount of such applicable Special Interest that is payable and (ii) the date on which such applicable Special Interest is payablepayable pursuant to Section 7.03 hereof. Unless and until a Trust Responsible Officer of the Trustee receives such a certificate, the Trustee may assume without inquiry that no such Special Interest is payable. If the Company has paid Special Interest directly to the persons Persons entitled to itsuch Special Interest, the Company shall deliver to the Trustee a certificate setting forth the particulars of such payment.

Appears in 1 contract

Samples: First Supplemental Indenture (Akoustis Technologies, Inc.)

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