Common use of Distributions on the Clause in Contracts

Distributions on the. Trust Securities shall be cumulative, and shall accumulate whether or not there are funds of the Trust available for the payment of Distributions. Distributions shall accumulate from ___________, 1998 and, except during any Extended Interest Payment Period with respect to the Debentures, shall be payable quarterly in arrears on March 31, June 30, September 30 and December 31 each year, commencing on June 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 (and without any 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 are payable in accordance with subsection (a) of this Section, a "Distribution Date").

Distributions on the. Trust Securities shall be cumulative, and shall will accumulate whether or not there are funds of the Trust available for the payment of Distributions. Distributions shall accumulate accrue from ___________July 26, 1998 1999, and, except during any Extended Interest Payment Period with respect in the event (and to the Debenturesextent) that the Depositor exercises its right to defer the payment of interest on the Notes pursuant to the Indenture, shall be payable quarterly in arrears on March August 31, June November 30, September 30 February 28 and December May 31 of each year, commencing on June 30August 31, 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 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 subsection (a) of this SectionSection 4.1(a), a "Distribution Date").