Common use of Distributions on the Clause in Contracts

Distributions on the. Trust Securities shall be cumulative, and will accumulate whether or not there are funds of the Trust available for the payment of Distributions. Distributions shall accrue from September 30, 1998, and, except in the event (and to the extent) that the Depositor exercises its right to defer the payment of interest on the Series A Subordinated Debentures pursuant to the Indenture, shall be payable quarterly in arrears on March 31, June 30, September 30 and December 31 of each year, commencing on September 30, 1998. If any date on which a Distribution is otherwise payable on the Trust Securities is not a Business Day, then the payment of such Distribution shall be made on the next succeeding day that is a Business Day (without any additional Distributions or other payment in respect of such delay) except that, if such Business Day is in the next succeeding calendar year, payment of such Distribution shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date (each date on which Distributions are payable in accordance with this Section 4.1(a), a "Distribution Date").

Distributions on the. Trust Securities shall be cumulative, and will accumulate whether or not there are funds of the Trust available for the payment of Distributions. Distributions shall accrue from September 30, 1998________ __,____, and, except in the event (and to the extent) that the Depositor Western Resources exercises its right to defer extend the interest payment of interest on period for the Series A Subordinated Debentures pursuant to Section 101 of the form of supplement to the Subordinated Indenture, shall be payable quarterly in arrears on March 31, June 30, September 30 and December 31 of each year, commencing on September 30, 1998________________. If any date on which a Distribution is Distributions are otherwise payable on the Trust Securities is not a Business Day, then the payment of such Distribution shall be made on the next succeeding day that which is a Business Day (and without any additional Distributions interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, payment of such Distribution distribution shall be made on the immediately preceding Business Day, in each case case, with the same force and effect as if made on such date (each date on which Distributions distributions are payable in accordance with this Section 4.1(a), 4.01(a) a "Distribution Date").

Distributions on the. Trust Securities shall be cumulative, and will accumulate whether or not there are funds of the Trust available for the payment of Distributions. Distributions shall accrue from September 30November 20, 1998, and, except in the event (and to the extent) that the Depositor exercises its right to defer the payment of interest on the Series A Subordinated Debentures pursuant to the Indenture, shall be payable quarterly in arrears on March 311, June 301, September 30 1 and December 31 1 of each year, commencing on September 30March 1, 19981999. If any date on which a Distribution is otherwise payable on the Trust Securities is not a Business Day, then the payment of such Distribution shall be made on the next succeeding day that is a Business Day (and without any additional Distributions interest or other payment in respect of any such delay) except that, if such Business Day is in the next succeeding calendar year, payment of such Distribution shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date (each date on which Distributions distributions are payable in accordance with this Section 4.1(a), a "Distribution Date").