Common use of Form and Payment; Minimum Transfer Restriction Clause in Contracts

Form and Payment; Minimum Transfer Restriction. (a) The Debentures shall be issued to the [holders] [Property Trustee] in fully registered definitive form without coupons in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof. Principal and interest on the Junior Subordinated Debentures issued in definitive form will be payable, the transfer of such Junior Subordinated Debentures will be registrable and such Junior Subordinated Debentures will be exchangeable for Junior Subordinated Debentures bearing identical terms and provisions at the principal office of the Trustee; provided, however, that payment of interest may be made at the option of the Company by check mailed to the registered holder at such address as shall appear in the Register. [Notwithstanding the foregoing, so long as the registered holder of any Junior Subordinated Debentures is the Property Trustee, the payment of the principal of and interest (including Additional interest and Additional Tax Sums, if any) on such Junior Subordinated Debentures held by the Property Trustee will be made at such place, or by wire transfer of immediately available funds to such account, as may be designated by the Property Trustee.] The Register for the Junior Subordinated Debentures shall be kept at the principal office of the Trustee and the Trustee is hereby appointed registrar for the Junior Subordinated Debentures. (b) The Junior Subordinated Debentures may be transferred or exchanged only in minimum denominations of $_______ and integral multiples of $_____ in excess thereof, and any attempted transfer, sale or other disposition of Junior Subordinated Debentures in a denomination of less than $_______ shall be deemed to be void and of no legal effect whatsoever. Any such transferee shall be deemed not to be the holder of such Junior Subordinated Debentures for any purpose, including but not limited to the receipt of payments in respect of such Junior Subordinated Debentures and such transferee shall be deemed to have no interest whatsoever in such Junior Subordinated Debentures.

Form and Payment; Minimum Transfer Restriction. (a) The Junior Subordinated Debentures shall be issued to the [holders] [Property Trustee] in fully registered definitive form without coupons in minimum denominations of $1,000 ____ and integral multiples of $1,000 ____ in excess thereof. Principal and interest on the Junior Subordinated Debentures issued in definitive form will be payable, the transfer of such Junior Subordinated Debentures will be registrable and such Junior Subordinated Debentures will be exchangeable for Junior Subordinated Debentures bearing identical terms and provisions at the principal office of the Trustee; provided, however, that payment of interest may be made at the option of the Company by check mailed to the registered holder at such address as shall appear in the Register. [Notwithstanding the foregoing, so long as the registered holder of any Junior Subordinated Debentures is the Property Trustee, the payment of the principal of and interest (including Additional interest Interest and Additional Tax Sums, if any) on such Junior Subordinated Debentures held by the Property Trustee will be made at such place, or by wire transfer of immediately available funds to such account, as may be designated by the Property Trustee.] The Register for the Junior Subordinated Debentures shall be kept at the principal office of the Trustee and the Trustee is hereby appointed registrar for the Junior Subordinated Debentures. (b) The Junior Subordinated Debentures may be transferred or exchanged only in minimum denominations of $_______ and integral multiples of $_____ in excess thereof, and any attempted transfer, sale or other disposition of Junior Subordinated Debentures in a denomination of less than $_______ shall be deemed to be void and of no legal effect whatsoever. Any such transferee shall be deemed not to be the holder of such Junior Subordinated Debentures for any purpose, including but not limited to the receipt of payments in respect of such Junior Subordinated Debentures and such transferee shall be deemed to have no interest whatsoever in such Junior Subordinated Debentures.

Form and Payment; Minimum Transfer Restriction. (a) The Debentures shall be issued to the [holders] [Property Trustee] Trustee in fully registered definitive form without coupons in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof. Principal and interest on the Junior Subordinated Debentures issued in definitive form will be payable, the transfer of such Junior Subordinated Debentures will be registrable and such Junior Subordinated Debentures will be exchangeable for Junior Subordinated Debentures bearing identical terms and provisions at the principal office of the Trustee; provided, however, that payment of interest may be made at the option of the Company by check mailed to the registered holder at such address as shall appear in the Register. [Notwithstanding the foregoing, so long as the registered holder of any Junior Subordinated Debentures is the Property Trustee, the payment of the principal of and interest (including Additional interest interest, Special Interest and Additional Tax Sums, if any) on such Junior Subordinated Debentures held by the Property Trustee will be made at such place, or by wire transfer of immediately available funds to such account, as may be designated by the Property Trustee.] . The Register for the Junior Subordinated Debentures shall be kept at the principal office of the Trustee and the Trustee is hereby appointed registrar for the Junior Subordinated Debentures. (b) The Junior Subordinated Debentures may be transferred or exchanged only in minimum denominations of $_______ 100,000 and integral multiples of $_____ 1,000 in excess thereof, and any attempted transfer, sale or other disposition of Junior Subordinated Debentures in a denomination of less than $_______ 100,000 shall be deemed to be void and of no legal effect whatsoever. Any such transferee shall be deemed not to be the holder of such Junior Subordinated Debentures for any purpose, including but not limited to the receipt of payments in respect of such Junior Subordinated Debentures and such transferee shall be deemed to have no interest whatsoever in such Junior Subordinated Debentures.

Form and Payment; Minimum Transfer Restriction. (a) The Debentures Junior Subordinated Debt Securities shall be issued to the [holders] [Property Trustee] in fully registered definitive form without coupons in minimum denominations of $1,000 ____ and integral multiples of $1,000 ____ in excess thereof. Principal and interest on the Junior Subordinated Debentures Debt Securities issued in definitive form will be payable, the transfer of such Junior Subordinated Debentures Debt Securities will be registrable and such Junior Subordinated Debentures Debt Securities will be exchangeable for Junior Subordinated Debentures Debt Securities bearing identical terms and provisions at the principal office of the Trustee; provided, however, that payment of interest may be made at the option of the Company by check mailed to the registered holder at such address as shall appear in the Register. [Notwithstanding the foregoing, so long as the registered holder of any Junior Subordinated Debentures Debt Securities is the Property Trustee, the payment of the principal of and interest (including Additional interest Interest and Additional Tax Sums, if any) on such Junior Subordinated Debentures Debt Securities held by the Property Trustee will be made at such place, or by wire transfer of immediately available funds to such account, as may be designated by the Property Trustee.] The Register for the Junior Subordinated Debentures Debt Securities shall be kept at the principal office of the Trustee and the Trustee is hereby appointed registrar for the Junior Subordinated DebenturesDebt Securities. (b) The Junior Subordinated Debentures Debt Securities may be transferred or exchanged only in minimum denominations of $_______ and integral multiples of $_____ in excess thereof, and any attempted transfer, sale or other disposition of Junior Subordinated Debentures Debt Securities in a denomination of less than $_______ shall be deemed to be void and of no legal effect whatsoever. Any such transferee shall be deemed not to be the holder of such Junior Subordinated Debentures Debt Securities for any purpose, including but not limited to the receipt of payments in respect of such Junior Subordinated Debentures Debt Securities and such transferee shall be deemed to have no interest whatsoever in such Junior Subordinated DebenturesDebt Securities.

Form and Payment; Minimum Transfer Restriction. (a) The Subordinated Debentures shall be issued to the [holders] [Property Trustee] in fully registered definitive form without coupons in minimum denominations of $1,000 ____ and integral multiples of $1,000 ____ in excess thereof. Principal and interest on the Junior Subordinated Debentures issued in definitive form will be payable, the transfer of such Junior Subordinated Debentures will be registrable and such Junior Subordinated Debentures will be exchangeable for Junior Subordinated Debentures bearing identical terms and provisions at the principal office of the Trustee; provided, however, that payment of interest may be made at the option of the Company by check mailed to the registered holder at such address as shall appear in the Register. [Notwithstanding the foregoing, so long as the registered holder of any Junior Subordinated Debentures is the Property Trustee, the payment of the principal of and interest (including Additional interest Interest and Additional Tax Sums, if any) on such Junior Subordinated Debentures held by the Property Trustee will be made at such place, or by wire transfer of immediately available funds to such account, as may be designated by the Property Trustee.] The Register for the Junior Subordinated Debentures shall be kept at the principal office of the Trustee and the Trustee is hereby appointed registrar for the Junior Subordinated Debentures. (b) The Junior Subordinated Debentures may be transferred or exchanged only in minimum denominations of $_______ and integral multiples of $_____ in excess thereof, and any attempted transfer, sale or other disposition of Junior Subordinated Debentures in a denomination of less than $_______ shall be deemed to be void and of no legal effect whatsoever. Any such transferee shall be deemed not to be the holder of such Junior Subordinated Debentures for any purpose, including but not limited to the receipt of payments in respect of such Junior Subordinated Debentures and such transferee shall be deemed to have no interest whatsoever in such Junior Subordinated Debentures.