Common use of Who Deemed Absolute Owners Clause in Contracts

Who Deemed Absolute Owners. Subject to Sections 2.4(f) and 9.1 hereof, the Company, the Trustee, any paying agent and any Authenticating Agent shall deem the person in whose name any Security shall be registered upon the register for the Securities to be, and shall treat such person as, the absolute owner of such Security (whether or not such Security shall be overdue) for the purpose of receiving payment of or on account of the principal and premium, if any, and interest on such Security, and for all other purposes; and neither the Company nor the Trustee nor any paying agent nor any Authenticating Agent shall be affected by any notice to the contrary. All such payments shall be valid and effectual to satisfy and discharge the liability upon any such Security to the extent of the sum or sums so paid.

Appears in 5 contracts

Samples: Indenture (Northern States Power Co /Mn/), Indenture (Northern States Power Co /Wi/), Indenture (Xcel Energy Inc)

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Who Deemed Absolute Owners. Subject to Sections 2.4(f2.04(f) and 9.1 10.01 hereof, the Company, the Trustee, any paying agent and any Authenticating Agent shall deem the person in whose name any Security Note shall be registered upon the register for the Securities Notes to be, and shall treat such person as, the absolute owner of such Security Note (whether or not such Security Note shall be overdue) for the purpose of receiving payment of or on account of the principal and premium, if any, and interest on such SecurityNote, and for all other purposes; and neither the Company nor the Trustee nor any paying agent nor any Authenticating Agent shall be affected by any notice to the contrary. All such payments shall be valid and effectual to satisfy and discharge the liability upon any such Security Note to the extent of the sum or sums so paid.

Appears in 2 contracts

Samples: Indenture (Puget Sound Energy Inc), Indenture (Oklahoma Gas & Electric Co)

Who Deemed Absolute Owners. Subject to Sections 2.4(f) and 9.1 11.1 hereof, the Company, the Trustee, any paying agent and any Authenticating Agent shall deem the person in whose name any Security Note shall be registered upon the register for the Securities Notes to be, and shall treat such person as, the absolute owner of such Security Note (whether or not such Security Note shall be overdue) for the purpose of receiving payment of or on account of the principal and premium, if any, and interest on such SecurityNote, and for all other purposes; and neither the Company nor the Trustee nor any paying agent nor any Authenticating Agent shall be affected by any notice to the contrary. All such payments shall be valid and effectual to satisfy and discharge the liability upon any such Security Note to the extent of the sum or sums so paid.

Appears in 2 contracts

Samples: Indenture of Trust (Florida Public Utilities Co), Indenture of Trust (Florida Public Utilities Co)

Who Deemed Absolute Owners. Subject to Sections 2.4(f) and 9.1 10.1 hereof, the Company, the Trustee, any paying agent and any Authenticating Agent shall deem the person in whose name any Security Note shall be registered upon the register for the Securities Notes to be, and shall treat such person as, the absolute owner of such Security Note (whether or not such Security Note shall be overdue) for the purpose of receiving payment of or on account of the principal and premium, if any, and interest on such SecurityNote, and for all other purposes; and neither the Company nor the Trustee nor any paying agent nor any Authenticating Agent shall be affected by any notice to the contrary. All such payments shall be valid and effectual to satisfy and discharge the liability upon any such Security Note to the extent of the sum or sums so paid.

Appears in 2 contracts

Samples: Indenture (Northern States Power Co /Mn/), Indenture of Trust (South Jersey Gas Co/New)

Who Deemed Absolute Owners. Subject to Sections 2.4(f2.04(f) and 9.1 9.01 hereof, the Company, the Trustee, any paying agent and any Authenticating Agent shall deem the person in whose name any Security shall be registered upon the register for the Securities to be, and shall treat such person as, the absolute owner of such Security (whether or not such Security shall be overdue) for the purpose of receiving payment of or on account of the principal and premium, if any, and interest on such Security, and for all other purposes; and neither the Company nor the Trustee nor any paying agent nor any Authenticating Agent shall be affected by any notice to the contrary. All such payments shall be valid and effectual to satisfy and discharge the liability upon any such Security to the extent of the sum or sums so paid.

Appears in 1 contract

Samples: Indenture Agreement (Oge Energy Corp)

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Who Deemed Absolute Owners. Subject to Sections 2.4(f2.04(f) and 9.1 5.01 hereof, the Company, the Trustee, any paying agent and any Authenticating Agent shall deem the person in whose name any Security Note shall be registered upon the register for the Securities Notes to be, and shall treat such person as, the absolute owner of such Security Note (whether or not such Security Note shall be overdue) for the purpose of receiving payment of or on account of the principal and premium, if any, and interest on such SecurityNote, and for all other purposes; and neither the Company nor the Trustee nor any paying agent nor any Authenticating Agent shall be affected by any notice to the contrary. All such payments shall be valid and effectual to satisfy and discharge the liability upon any such Security Note to the extent of the sum or sums so paid.

Appears in 1 contract

Samples: Senior Unsecured Note Indenture (Nevada Power Co)

Who Deemed Absolute Owners. Subject to Sections 2.4(f) and 9.1 hereof, the Company, the Trustee, any paying agent and any Authenticating Agent shall deem the person Person in whose name any Security shall be registered upon the register for the Securities to be, and shall treat such person Person as, the absolute owner of such Security (whether or not such Security shall be overdue) for the purpose of receiving payment of or on account of the principal and premium, if any, and interest on such Security, and for all other purposes; and neither the Company nor the Trustee nor any paying agent nor any Authenticating Agent shall be affected by any notice to the contrary. All such payments shall be valid and effectual to satisfy and discharge the liability upon any such Security to the extent of the sum or sums so paid.

Appears in 1 contract

Samples: Subordinated Indenture (Xcel Energy Inc)

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