Examples of Class B Payment Date in a sentence
No redemption of Class B Preferred Securities, whether on a Class B Payment Date, on or after the Initial Redemption Date or upon the occurrence of a Company Special Redemption Event, shall require the vote or consent of any of the Class B Preferred Securityholders.
The Trust Preferred Securities have no stated maturity, but are redeemable, in whole or in part, at the option of the Trust on May 15, 2018 (the Initial Redemption Date) or after the Initial Redemption Date, on any Class B Payment Date.
The Trust Preferred Securities have no stated maturity, but are redeemable, in whole or in part, at the option of the Trust on January 28, 2010 (the Initial Redemption Date) or after the Initial Redemption Date, on any Class B Payment Date.
Such a declaration shall occur only to the extent the Board of Directors does not declare Capital Payments on the Class B Preferred Securities at the Stated Rate in full on any Class B Payment Date.
The Trust Preferred Securities have no stated maturity, but are redeemable, in whole but not in part, at the option of the Trust on March 31, 2015 (the Initial Redemption Date) or after the Initial Redemption Date, on any Class B Payment Date.
The Trust Preferred Securities have no stated maturity, but are redeemable, in whole or in part, at the option of the Trust on December 2, 2009 (the Initial Redemption Date) or after the Initial Redemption Date, on any Class B Payment Date.
On or after the Initial Redemption Date, the Class B Preferred Securities shall be redeemable at the option of the Company, in whole but not in part, on any Class B Payment Date, at the Redemption Price.
If the Trust or the Property Trustee is the Holder of the Class B Preferred Securities, all distributions of cash shall be made by wire transfer of same day funds to such Holder by 9:00 a.m., New York City time, on the applicable Class B Payment Date.
If any Class B Payment Date or Class B Redemption Date falls on a day that is not a Business Day, payment of all amounts otherwise payable on such date will be made on the next succeeding Business Day, without adjustment, interest or further payment as a result of such delay in payment.
Any redemption of the Class B Preferred Securities, whether on a Class B Payment Date on or after the Initial Redemption Date or upon the occurrence of a Company Special Redemption Event, will not require the vote or consent of any of the holders of the Class B Preferred Securities.