Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 days before the record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 19 contracts
Sources: Subordinated Indenture (Mercantile Bank Corp), Subordinated Debt Securities Indenture (First Guaranty Bancshares, Inc.), Indenture (First Guaranty Bancshares, Inc.)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 days before the special record date, the Company shall mail send to the Trustee and to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 16 contracts
Sources: Indenture (Palantir Technologies Inc.), Indenture (Smart Sand, Inc.), Indenture (Precision Biosciences Inc)
Defaulted Interest. If the Company defaults in a payment of interest on a Series any series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series that series on a subsequent special record date. The After the deposit by the Company with the Trustee of money sufficient to pay such defaulted interest, the Trustee shall fix the record date and payment date. At least 10 15 days before the record date, the Company shall mail to the Trustee and to each Securityholder of the Series that series a notice that states the record date, the payment date date, and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 13 contracts
Sources: Indenture (Circus Circus Enterprises Inc), Indenture (Circus Circus Enterprises Inc), Indenture (Circus Finance Ii)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of the Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, interest plus any interest payable on the defaulted interest, interest to the persons Persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 days before the record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the record date, the payment date date, and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 12 contracts
Sources: Indenture (Leucadia National Corp), Indenture (Leucadia National Corp), Indenture (Leucadia National Corp)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders Holders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 ten days before the special record date, the Company shall mail send to the Trustee and to each Securityholder Holder of the Series a notice that states the special record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 12 contracts
Sources: Indenture (Digital Turbine, Inc.), Indenture (Bit Digital, Inc), Indenture (Connect Biopharma Holdings LTD)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 ten days before the special record date, the Company shall mail send to the Trustee and to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 10 contracts
Sources: Indenture (IIP Operating Partnership, LP), Indenture (NLCP Operating Partnership Lp), Indenture (Angel Oak Mortgage Operating Partnership, LP)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 days before the special record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 9 contracts
Sources: Indenture (AgroFresh Solutions, Inc.), Indenture (Transenterix, Inc.), Indenture (AgroFresh Solutions, Inc.)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons Persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 30 days before the record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 8 contracts
Sources: Indenture (electroCore, Inc.), Indenture (electroCore, Inc.), Indenture (Rainmaker Systems Inc)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interestinterest at the Default Rate, to the persons who are Securityholders Security holders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 [ ] days before the record date, the Company shall mail to the Trustee and the Paying Agent and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 7 contracts
Sources: Senior Indenture (Global Ship Lease, Inc.), Subordinated Indenture (Global Ship Lease, Inc.), Senior Indenture (Asia Entertainment & Resources Ltd.)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of the Securities, it the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest, plus, interest to the extent permitted by law, any interest payable on the defaulted interest, to the persons Persons who are Securityholders of the Series on a subsequent special record datedate as provided in the Securities and in Section 4.01 hereof. The Company shall fix the or cause to be fixed any such special record date and payment date. At least 10 days before the record date, the Company date and shall mail to the Trustee and promptly send to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 7 contracts
Sources: Indenture (Denbury Resources Inc), Indenture (Denbury Resources Inc), Indenture (Denbury Resources Inc)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interestinterest at the rate established for the particular Series, if any, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders Holders of the Series on a subsequent special record date. The Company shall fix the special record date and payment date. At least 10 ten (10) days before the special record date, the Company shall mail to the Trustee and to each Securityholder Holder of the Series a notice that states the record date, the related payment date and the amount of interest to be paid. The Company may also pay defaulted interest in any other lawful manner.
Appears in 7 contracts
Sources: Senior Indenture (Emagin Corp), Subordinated Indenture (Emagin Corp), Senior Indenture (Mimecast LTD)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders Holders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 30 days before the record date, the Company shall mail to the Trustee and to each Securityholder Holder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 4 contracts
Sources: Indenture (Lazard Group LLC), Indenture (Advance Auto Parts Inc), Indenture (Lucent Technologies Inc)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 30 days before the record date, the Company shall mail or electronically deliver to the Trustee and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 3 contracts
Sources: Indenture (Omnicom Finance Holdings PLC), Indenture (Omnicom Group Inc.), Indenture (Omnicom Finance Holdings PLC)
Defaulted Interest. If the Company defaults in a the payment of interest on a any Series of the Securities, it shall pay the defaulted interest, plus, plus any interest payable on such defaulted interest to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders Holders of the Securities of such Series on a subsequent special record date. The Company shall fix the special record date and the payment date. At least 10 15 days before the such special record date, the Company shall mail to notify the Trustee and to each Securityholder Holder of the Series a notice that states the such special record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 3 contracts
Sources: Indenture (Cabot Corp), Indenture (Cabot Corp), Indenture (Cabot Corp)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall will pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons Persons who are Securityholders Holders of the Series on a subsequent special record date. The Company shall will fix the record date and payment date. At least 10 days before the record date, the Company shall mail will send to the Trustee and to each Securityholder Holder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 3 contracts
Sources: Indenture (Metropcs Communications Inc), Indenture (MetroPCS Finance, Inc.), Indenture (MetroPCS Finance, Inc.)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 days before the record date, the Company shall mail or cause to be mailed to the Trustee and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 3 contracts
Sources: Indenture (Bryn Mawr Bank Corp), Indenture (Tivo Inc), Indenture (Digital Realty Trust, L.P.)
Defaulted Interest. If the Company defaults in on a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 days before the special record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 2 contracts
Sources: Indenture (ExOne KK), Indenture (MWT - Gesellschaft Fur Industrielle Mikrowellentechnik mbH)
Defaulted Interest. If the Company defaults in a payment of interest on the Securities of a Series of SecuritiesSeries, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders Holders of the Securities of such Series on a subsequent special record date. The Company shall fix the special record date and payment date. At least 10 30 days before the special record date, the Company shall mail send to the Trustee and to each Securityholder Holder of the Securities of such Series a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 2 contracts
Sources: Indenture (Crown Castle International Corp), Indenture (Crown Castle International Corp)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall may pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 days before the special record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 2 contracts
Sources: Indenture (Biohaven Ltd.), Indenture (Full House Resorts Inc)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons Persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the or cause to be fixed any such special record date and payment date. At least 10 days before date to the record date, the Company shall mail to reasonable satisfaction of the Trustee and shall promptly mail or deliver by electronic transmission or cause to be mailed or delivered by electronic transmission to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 2 contracts
Sources: Indenture (Amrize LTD), Indenture (Amrize LTD)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of SecuritiesNotes, it shall will pay the defaulted interestinterest in any lawful manner, plus, to the extent permitted by lawlawful, any interest payable on the defaulted interest, to the persons Persons who are Securityholders Holders of the Series on a subsequent special record date. The Company shall will fix the such special record date and payment date. At least 10 days before the such special record date, the Company shall mail will send to the Trustee and to each Securityholder Holder of Notes of the applicable Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 2 contracts
Sources: Indenture (T-Mobile US, Inc.), Indenture (Metropcs Communications Inc)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of the Securities, it shall pay the defaulted interest, plus, interest in any lawful manner (plus interest on such defaulted interest to the extent permitted by law, any interest payable on the defaulted interest, lawful) to the persons who are Securityholders of the Series Holders on a subsequent special record date, in each case at the rate provided in the Securities and in Section 4.01 hereof. The Company shall fix the special record date and payment date. At least 10 days before the special record date, the Company shall mail to the Trustee and to each Securityholder of the Series Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 2 contracts
Sources: Indenture (Plains Resources Inc), Indenture (Plains Resources Inc)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of the Securities, it shall pay the defaulted interest, plus, interest to the extent permitted by law, any interest payable on the defaulted interest, to the persons Persons who are Securityholders of the Series on a subsequent special record date. The After the deposit by the Company with the Trustee of money sufficient to pay such defaulted interest, the Company shall fix the record date and payment date. At least 10 15 days before the record date, the Company shall mail to each Securityholder, with a copy to the Trustee and to each Securityholder of the Series Trustee, a notice that states the record date, the payment date date, and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 2 contracts
Sources: Indenture (Mandalay Resort Group), Indenture (Mandalay Resort Group)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 days Business Days before the record date, the Company shall mail give to the Trustee and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 2 contracts
Sources: Indenture (United Community Banks Inc), Indenture (United Community Banks Inc)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of the Securities, it the Company shall pay defaulted interest at the rate per annum shown on the Security (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the or cause to be fixed any such special record date and payment date. At least 10 days before the record date, the Company date and shall mail to the Trustee and promptly send to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 2 contracts
Sources: Indenture (Petroquest Energy Inc), Indenture (PetroQuest Energy, L.L.C.)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interestinterest at the Default Rate, to the persons who are Securityholders Security holders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 [ ] days before the record date, the Company shall mail to the Trustee and the Paying Agent and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner. SECTION 2.14.
Appears in 2 contracts
Sources: Senior Indenture (Global Ship Lease, Inc.), Subordinated Indenture (Global Ship Lease, Inc.)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of the Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interestinterest (the “Defaulted Interest”), to the persons who are Securityholders Holders of the Series Securities on a subsequent special record dateSpecial Record Date. The Company shall fix the record date Special Record Date and payment date. At least 10 30 days before the record date, the Company shall mail to the Trustee and to each Securityholder Holder of the Series Securities a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 2 contracts
Sources: Indenture (Vertex Pharmaceuticals Inc / Ma), Indenture (Vertex Pharmaceuticals Inc / Ma)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, interest to the extent permitted by law, any interest payable on the defaulted interest, to the persons Persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 30 days before the record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 2 contracts
Sources: Indenture (Host Marriott Trust), Indenture (HMC Merger Corp)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interestinterest in any lawful manner, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 15 days before the record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 1 contract
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders Holders of the Series on a subsequent special record datedate (“Special Record Date”). The Company shall fix the record date and payment date. At least 10 ten (10) days before the record date, the Company shall mail to the Trustee and to each Securityholder Holder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 1 contract
Sources: Indenture (York Water Co)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interestinterest at the rate provided in the Securities, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 30 days before the record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 1 contract
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders Holders of the Series on a subsequent special record date. The Company shall fix the such record date and payment date. At least 10 30 days before the record date, the Company shall mail to the Trustee and to each Securityholder Holder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 1 contract
Sources: Indenture (Coors Adolph Co)
Defaulted Interest. If the Company defaults in a payment of interest on a Series the Securities of Securitiesany Series, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons Persons who are Securityholders Holders of the Securities of such Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 ten days before the record date, the Company shall mail to the Trustee and to each Securityholder Holder of the such Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 1 contract
Sources: Indenture (Ca, Inc.)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of the Securities, it the Company shall pay the defaulted interest, plus, interest (plus interest on such defaulted interest to the extent permitted by law, lawful) in any interest payable on lawful manner. The Company may pay the defaulted interest, interest to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the or cause to be fixed any such special record date and payment date. At least 10 days before date to the record date, the Company shall mail to reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.61 52
Appears in 1 contract
Sources: Indenture (Ev International Inc)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 30 days before the record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.states
Appears in 1 contract
Sources: Indenture (San Francisco Walls Inc)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of the Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders Holders of the Series Securities on a subsequent special record date. The Company shall fix the such record date and payment date. At least 10 30 days before the record date, the Company shall mail mail, first class, to the Trustee and to each Securityholder Holder of the Series Securities a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 1 contract
Sources: Indenture (Molson Coors Brewing Co)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of the Securities, it shall pay the defaulted interest, plus, interest in any lawful manner (plus interest on such defaulted interest to the extent permitted by law, any interest payable on the defaulted interest, lawful) to the persons who are Securityholders of the Series Holders on a subsequent special record date, in each case at the rate provided in the Securities and in Section 4.1. The Company shall fix the special record date and payment date. At least 10 days before the special record date, the Company shall mail to the Trustee and to each Securityholder of the Series Holder a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 1 contract
Sources: Indenture (Forman Petroleum Corp)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 days before the special record date, the Company shall mail send to the Trustee and to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.. 12
Appears in 1 contract
Sources: Indenture (Guardant Health, Inc.)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 ten (10) days before the special record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 1 contract
Sources: Indenture (Shift Technologies, Inc.)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 30 days before the record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner. Section 2.14.
Appears in 1 contract
Defaulted Interest. If and to the extent the Company defaults in a payment of interest on a Series of Securities, it the Company shall pay defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the or cause to be fixed any such special record date and payment date. At least 10 days before date to the record date, the Company shall mail to reasonable satisfaction of the Trustee and shall promptly mail to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 1 contract
Defaulted Interest. If the Company defaults in a payment of interest Interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders Holders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 ten (10) days before the record date, the Company shall mail to the Trustee and to each Securityholder Holder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 1 contract
Sources: Indenture (Ceragon Networks LTD)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted US-DOCS\114606023.2 interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 days before the special record date, the Company shall mail send to the Trustee and to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner. .
Appears in 1 contract
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the such special record date and the related payment date. At least 10 15 days before the such special record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the such special record date, the related payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 1 contract
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, plus any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 15 days before the record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 1 contract
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 days before the record date, the Company shall mail send to the Trustee and to each Securityholder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
Appears in 1 contract
Defaulted Interest. If the Company defaults in a payment of interest on a Series of the Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, interest plus any interest payable on the defaulted interest, interest to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 days before the record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the record date, the payment date date, and the amount of defaulted interest to be paid. The Company may pay defaulted interest in any other lawful manner.. ARTICLE THREE
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Sources: Indenture (Leucadia National Corp)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders Holders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 thirty (30) days before the record date, the Company shall mail to the Trustee and to each Securityholder Holder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
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Sources: Indenture (Roadrunner Transportation Systems, Inc.)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall may pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 days before the special record date, the Company shall mail to the Trustee and to each Securityholder of the Series a notice that states the special record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.. Section 2.14
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Sources: Indenture (100 Maple LLC)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders Holders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 ten (10) days before the record date, the Company shall mail to the Trustee and to each Securityholder Holder of the Series a notice that states the record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner.
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Sources: Indenture (Maritrans Inc /De/)
Defaulted Interest. If the Company defaults in a payment of interest on a Series of Securities, it shall pay the defaulted interest, plus, to the extent permitted by law, any interest payable on the defaulted interest, to the persons who are Securityholders Holders of the Series on a subsequent special record date. The Company shall fix the record date and payment date. At least 10 ten days before the special record date, the Company shall mail send to the Trustee and to each Securityholder Holder of the Series a notice that states the special record date, the payment date and the amount of interest to be paid. The Company may pay defaulted interest in any other lawful manner. Section 2.14.
Appears in 1 contract
Sources: Indenture (Alkami Technology, Inc.)