Examples of Defaulted Interest in a sentence

The Trustee shall promptly notify the Company of such Special Record Date and, in the name and at the expense of the Company, shall cause notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be given to each Holder in the manner set forth in Section 1.06, not less than 10 days prior to such Special Record Date.
Thereupon the Trustee shall fix a Special Record Date for the payment of such Defaulted Interest which shall be not more than 15 days and not less than 10 days prior to the date of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment.
Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor having been so mailed, such Defaulted Interest shall be paid to the Persons in whose names the Notes (or respective Predecessor Notes) are registered at the close of business on such Special Record Date and shall no longer be payable pursuant to the following clause (b).

More Definitions of Defaulted Interest

Defaulted Interest has the meaning set forth in Section 2.03.

Defaulted Interest has the meaning set forth in Section 2.8.

Defaulted Interest means interest on any Bond which is payable but not paid on any Interest Payment Date.

Defaulted Interest has the meaning set forth in the Indenture.

Defaulted Interest has the meaning specified in Section 2.8(b).

Defaulted Interest shall have the meaning ascribed thereto in Section 2.5.

Defaulted Interest shall have the same meaning assigned to it in Section 3.08(b).