Common use of Form and Payment Clause in Contracts

Form and Payment. Except as provided in Section 2.4, the Debentures shall be issued in fully registered certificated form without interest coupons. Principal and interest on the Debentures issued in certificated form will be payable, the transfer of such Debentures will be registrable and such Debentures will be exchangeable for Debentures bearing identical terms and provisions at the office or agency of the Trustee in New York, New York; provided, however, that payment of interest may be made at the option of the Company by check mailed to the Holder entitled thereto at such address as shall appear in the Security Register or by wire transfer to an account appropriately designated by the Holder, entitled thereto. Notwithstanding the foregoing, so long as the Holder of any Debentures is the Institutional Trustee, the payment of the principal of and interest (including Compound Interest and Additional Interest, if any) on such Debentures held by the Institutional Trustee will be made at such place and to such account as may be designated by the Institutional Trustee.

Appears in 13 contracts

Sources: First Supplemental Indenture (Municipal Mortgage & Equity LLC), First Supplemental Indenture (Fleet Capital Trust V), Second Supplemental Indenture (Fleet Capital Trust Vii)

Form and Payment. Except as provided in Section 2.4, the Debentures shall be issued in fully registered certificated form without interest coupons. Principal and interest on the Debentures issued in certificated form will be payable, the transfer of such Debentures will be registrable and such Debentures will be exchangeable for Debentures bearing identical terms and provisions at the office or agency of the Trustee in New York, New York; provided, however, that payment of interest may be made at the option of the Company by check mailed to the Holder entitled thereto at such address as shall appear in the Security Register or by wire transfer to an account appropriately designated by the Holder, Holder entitled thereto. Notwithstanding the foregoing, so long as the Holder of any Debentures is the Institutional Property Trustee, the payment of the principal of and interest (including Compound Interest and Additional Interest, if any) on such Debentures held by the Institutional Property Trustee will be made at such place and to such account as may be designated by the Institutional Property Trustee.

Appears in 3 contracts

Sources: Supplemental Indenture (Popular Inc), Second Supplemental Indenture (Popular Inc), Supplemental Indenture (Popular Inc)

Form and Payment. Except as provided in Section 2.4, the Debentures shall be issued in fully registered certificated form without interest coupons. Principal and interest on the Debentures issued in certificated form will be payable, the transfer of such Debentures will be registrable and such Debentures will be exchangeable for Debentures bearing identical terms and provisions at the office or agency of the Trustee in New York, New York; provided, however, that payment of interest may be made at the option of the Company by check mailed to the Holder entitled thereto at such address as shall appear in the Security Register or by wire transfer to an account appropriately designated by the Holder, Holder entitled thereto. Notwithstanding the foregoing, so long as the Holder of any Debentures is the Institutional Trustee, the payment of the principal of and interest (including Compound Interest and Additional Interest, if any) on such Debentures held by the Institutional Trustee will be made at such place and to such account as may be designated by the Institutional Trustee.

Appears in 2 contracts

Sources: Second Supplemental Indenture (Fleet Financial Group Inc), Second Supplemental Indenture (Fleet Capital Trust I)

Form and Payment. Except as provided in Section 2.4, the Debentures shall be issued in fully registered certificated form without interest couponscoupons ("Definitive Debentures"). Principal and interest on the Debentures issued in certificated form will be payable, the transfer of such Debentures will be registrable and such Debentures will be exchangeable for Debentures bearing identical terms and provisions at the office or agency of the Trustee in New York, New YorkYork or at the office of such Paying Agent or Paying Agents as the Company may designate from time to time; provided, however, that that, except in the case of a Global Debenture, at the option of the Company payment of interest may be made at the option of the Company by check mailed to the Holder entitled thereto at such address as shall appear in the Security Register or by wire transfer security register for the Debentures maintained pursuant to an account appropriately designated by Section 2.07 of the Holder, entitled theretoIndenture. Notwithstanding the foregoing, so long as the Holder of any Debentures is the Institutional Property Trustee, the payment of the principal of and interest (including Compound Compounded Interest and Additional Interest, if any) on such Debentures held by the Institutional Property Trustee will be made at such place and to such account as may be designated by the Institutional Property Trustee.

Appears in 1 contract

Sources: First Supplemental Indenture (Interpool Inc)

Form and Payment. Except as provided in Section 2.4, the Debentures shall be issued in fully registered certificated form without interest coupons. Principal and interest on the Debentures issued in certificated form will be payable, the transfer of such Debentures will be registrable and such Debentures will be exchangeable for Debentures bearing identical terms and provisions at the office or agency of the Trustee in New YorkSan ▇▇▇▇, New YorkPuerto Rico; provided, however, that payment of interest may be made at the option of the Company by check mailed to the Holder entitled thereto at such address as shall appear in the Security Register or by wire transfer to an account appropriately designated by the Holder, Holder entitled thereto. Notwithstanding the foregoing, so long as the Holder of any Debentures is the Institutional Property Trustee, the payment of the principal of and interest (including Compound Interest and Additional Interest, if any) on such Debentures held by the Institutional Property Trustee will be made at such place and to such account as may be designated by the Institutional Property Trustee.

Appears in 1 contract

Sources: First Supplemental Indenture (Santander Bancorp)

Form and Payment. Except as provided in Section 2.4, the Debentures shall be issued as Registered Securities in fully registered certificated form without interest coupons. Principal and interest on the Debentures issued in certificated form will be payable, the transfer of such Debentures will be registrable and such Debentures will be exchangeable for Debentures bearing identical terms and provisions at the office or agency of the Trustee in New Yorkthe City of Wilmington, New YorkDelaware; provided, however, that payment of interest may be made at the option of the Company by check mailed to the Holder entitled thereto at such address as shall appear in the Security Register or by wire transfer to an such account as may have been appropriately designated by the such Holder, entitled thereto. Notwithstanding the foregoing, so long as the Holder of any Debentures is the Institutional Property Trustee, the payment of the principal of and interest (interest, including Compound Interest and Additional Deferred Interest, if any) , on such Debentures held by the Institutional Property Trustee will be made at such place and to such account as may be designated by the Institutional Property Trustee. The Debentures will be denominated in U.S. dollars and payments of principal and interest on the Debentures shall be made in U.S. dollars.

Appears in 1 contract

Sources: First Supplemental Indenture (Bremer Financial Corporation)

Form and Payment. Except as provided in Section 2.4, the Convertible Debentures shall be issued in fully registered certificated form without interest coupons. Principal and interest on the Convertible Debentures issued in certificated form will be payable, the transfer of such Convertible Debentures will be registrable and such Convertible Debentures will be exchangeable for Convertible Debentures bearing identical terms and provisions at the office or agency of the Trustee in New York, New YorkTrustee; provided, however, that payment of interest may be made at the option of the Company by check mailed to the Holder entitled thereto at such address as shall appear in the Security Register or by wire transfer to an account appropriately designated by the Holder, entitled theretoRegister. Notwithstanding the foregoing, so long as the Holder of any Convertible Debentures is the Institutional Trustee, the payment of the principal of and interest (including Compound Compounded Interest and Additional Interest, if any) on such Convertible Debentures held by the Institutional Trustee will be made at such place and to such account as may be designated by the Institutional Trustee.

Appears in 1 contract

Sources: First Supplemental Indenture (Kmart Corp)

Form and Payment. Except as provided in Section 2.4, the Debentures shall be issued in fully registered certificated form without interest coupons. Principal and interest on the Debentures issued in certificated form will be payable, the transfer of such Debentures will be registrable and such Debentures will be exchangeable for Debentures bearing identical terms and provisions at the office or agency of the Trustee in New York, New York; provided, however, that payment of interest may be made made, at the option of the Company Company, by check mailed to the Holder entitled thereto at such address as shall appear in the Security Register or by wire transfer to an account appropriately designated by the Holder, Holder entitled thereto. Notwithstanding the foregoing, so long as the Holder of any Debentures is the Institutional Trustee, the payment of the principal of and interest (including Compound Interest and Additional Interest, if any) on such Debentures held by the Institutional Trustee will be made at such place and to such account as may be designated by the Institutional Trustee.

Appears in 1 contract

Sources: Supplemental Indenture (Potomac Electric Power Co)

Form and Payment. Except as provided in Section 2.4, the Debentures shall be issued in fully registered certificated form without interest couponsCoupons, in denominations of the Principal Amount of One Debenture and integral multiples thereof. Principal and interest on the Debentures issued in certificated form will be payable, the transfer of such Debentures will be registrable registrable, and such Debentures will be exchangeable for Debentures bearing identical terms and provisions provisions, at the office or agency of the Trustee in New YorkTrustee; PROVIDED, New York; provided, howeverHOWEVER, that payment of interest may be made at the option of the Company by check mailed to the Holder entitled thereto at such address as shall appear in the Security Register or by wire transfer to an account appropriately designated by the Holder, entitled theretoRegister. Notwithstanding the foregoing, so long as the Holder of any Debentures is the Institutional Trustee, the payment of the principal of and interest (including Compound Compounded Interest and Additional Interest, if any) on such Debentures held by the Institutional Trustee will be made at such place and to such account as may be designated by the Institutional Trustee.

Appears in 1 contract

Sources: Second Supplemental Indenture (Unocal Capital Trust Ii)

Form and Payment. Except as provided in Section 2.4, the Debentures shall be issued in fully registered certificated form as Registered Securities without interest coupons. Principal and interest on the Debentures issued in certificated form will be payable, the transfer of such Debentures will be registrable and such Debentures will be exchangeable for Debentures bearing identical terms and provisions at the office or agency of the Trustee in New YorkWilmington, New YorkDelaware; provided, however, that payment of interest may be made at the option of the Company by check mailed to the Holder entitled thereto at such address as shall appear in the Security Register or by wire transfer to an account appropriately designated by the Holder, Holder entitled thereto. Notwithstanding the foregoing, so long as the Holder of any Debentures is the Institutional Property Trustee, the payment of the principal of and interest (including Compound Interest and Additional Interest, if any) on such Debentures held by the Institutional Property Trustee will be made at such place and to such account as may be designated by the Institutional Property Trustee. There are no additional amounts payable on such Debentures pursuant to Section 10.6 of the Indenture. The Trustee shall serve as the Security Registrar with respect to the Debentures and shall maintain the Security Register at its Corporate Trust Office.

Appears in 1 contract

Sources: Supplemental Indenture (First Merchants Corp)