Common use of Form of Face of Note Clause in Contracts

Form of Face of Note. THIS NOTE IS NON-NEGOTIABLE AND MAY ONLY BE TRANSFERRED IN ACCORDANCE WITH THE LAWS OF DESCENT AND DISTRIBUTION OR IN CONNECTION WITH A GIFT WITHOUT CONSIDERATION. THE COMPANY SHALL NOT RECOGNIZE OR RECORD ON ITS NOTE REGISTER A TRANSFER OF THIS NOTE BY ANY MEANS OTHER THAN AS SET FORTH IN THE PRECEDING SENTENCE HEREOF. Kranzco Realty Trust ___% Callable Convertible Subordinated Notes due ______ __, 2008 No. ____ $ _______ Kranzco Realty Trust, a real estate investment trust duly organized and existing under the laws of the state of Maryland (herein called the "Company", which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to ______________, or registered assigns, the principal sum of ____________________________ ($ _________) (which, taken together with the principal amounts of all other Outstanding Notes, shall not exceed U.S.$8,000,000 in the aggregate at any time) on ______ __, 2008, and to pay interest thereon from ______ __, 1998, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, quarterly on January 1, April 1, July 1 and October 1 in each year, commencing _______ 1, 1998, at the rate of ___% per annum, until the principal hereof is paid or made available for payment. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Note (or one or more Predecessor Notes) is registered at the close of business on the Regular Record Date for such interest, which shall be the December 15, March 15, June 15 or October 15 (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Note (or one or more Predecessor Notes) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner, as more fully provided in said Indenture. Payment of the principal of, premium, if any, and interest on this Note will be made at the Corporate Trust Office, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts by a U.S. Dollar check. Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

Appears in 1 contract

Sources: Indenture (Kranzco Realty Trust)

Form of Face of Note. THIS NOTE IS NON-NEGOTIABLE AND MAY ONLY BE TRANSFERRED IN ACCORDANCE WITH THE LAWS OF DESCENT AND DISTRIBUTION OR IN CONNECTION WITH A GIFT WITHOUT CONSIDERATIONNo. THE COMPANY SHALL NOT RECOGNIZE OR RECORD ON ITS NOTE REGISTER A TRANSFER OF THIS NOTE BY ANY MEANS OTHER THAN AS SET FORTH IN THE PRECEDING SENTENCE HEREOF. Kranzco Realty Trust ___1 $40,000,000 HomeTown Buffet, Inc. 7% Callable Convertible Subordinated Notes Note due ______ __, 2008 2002 CUSIP No. ____ $ _______ Kranzco Realty Trust▇▇▇▇▇▇▇▇▇ HomeTown Buffet, Inc., a real estate investment trust corporation duly organized and existing under the laws of the state of Maryland Delaware (herein called the "Company", ," which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to ______________, Cede & Co. or registered assigns, the principal sum of ____________________________ ($ _________) (whichForty Million Dollars on December 1, taken together with the principal amounts of all other Outstanding Notes, shall not exceed U.S.$8,000,000 in the aggregate at any time) on ______ __, 20082002, and to pay interest thereon from ______ __November 27, 1998, 1995 or from and including the most recent Interest Payment Date to which interest has been paid or duly provided for, quarterly semi-annually on January 1, April 1, July June 1 and October December 1 in each year, commencing _______ June 1, 19981996, at the rate of ___7% per annum, until the principal hereof is paid or made available for payment. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Note (or one or more Predecessor Notes) is registered at the close of business on the Regular Record Date for such interest, which shall be the December 15, March 15, June May 15 or October November 15 (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Note (or one or more Predecessor Notes) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof of which shall be given to Holders of Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful mannermanner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture. Payment of the principal of, of (and premium, if any, ) and interest on this Note will be made at the Corporate Trust Officeoffice or agency of the Company maintained for that purpose in the Borough of Manhattan, The City of New York, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts debts; provided, however, that at the option of the Company payment of interest may be made by a U.S. Dollar checkcheck mailed to the address of the Person entitled thereto as such address shall appear in the Note Register. Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

Appears in 1 contract

Sources: Indenture (Buffets Inc)

Form of Face of Note. THIS NOTE IS NON-NEGOTIABLE AND MAY ONLY BE TRANSFERRED IN ACCORDANCE WITH THE LAWS OF DESCENT AND DISTRIBUTION OR IN CONNECTION WITH A GIFT WITHOUT CONSIDERATION[Insert any legend required by the Internal Revenue Code and the regulations thereunder.] MOBILE MINI, INC. THE COMPANY SHALL NOT RECOGNIZE OR RECORD ON ITS NOTE REGISTER A TRANSFER OF THIS NOTE BY ANY MEANS OTHER THAN AS SET FORTH IN THE PRECEDING SENTENCE HEREOF. Kranzco Realty Trust ___% Callable Convertible Subordinated Notes due ______ __, 2008 % Senior Subordinated Notes Due 2002 No. ____ $ __________ Kranzco Realty Trust$_________ CUSIP NO. _________ Mobile Mini, Inc., a real estate investment trust corporation duly organized and existing under the laws of the state of Maryland Delaware (herein called the "Company", which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to ______________, _______________ or registered assigns, the principal sum of ____________________________ ($ _________) (which, taken together with the principal amounts of all other Outstanding Notes, shall not exceed U.S.$8,000,000 in the aggregate at any time) on ______ __Dollars on November 1, 20082002, and to pay interest thereon from ______ ______, 1998, 1997 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, quarterly semi-annually on January 1, April 1, July May 1 and October November 1 in each year, commencing _______ May 1, 1998, at the rate of ____% per annum, until the principal hereof is paid or made available for payment, provided that any principal and overdue interest shall bear interest at the rate of 2% per month (to the extent that the payment of such interest shall be legally enforceable) during the continuation of an Event of Default (as defined in the Indenture), from the dates such amounts are due until they are paid or made available for payment, and such interest shall be payable on demand. The interest so payable, and punctually paid or duly 12 provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this a Note (or one or more Predecessor Notes) is registered at the close of business on the Regular Record Date for such interest, which shall be the December 15, March 15, June April 15 or October 15 (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this a Note (or one or more Predecessor Notes) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Notes not less than ten (10) 10 days prior to such Special Record Date, or be paid at any time in any other lawful mannermanner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture. Payment of the principal of, of (and premium, if any, ) and interest on this Note the Notes will be made at the Corporate Trust Officeoffice or agency of the Company maintained for that purpose in Phoenix, Arizona, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts debts; provided, however, that at the option of the Company payment of interest may be made by a U.S. Dollar checkcheck mailed to the address of the Person entitled thereto as such address shall appear in the Note Register. Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

Appears in 1 contract

Sources: Indenture (Mobile Mini Inc)

Form of Face of Note. THIS NOTE IS NON-NEGOTIABLE AND MAY ONLY BE TRANSFERRED IN ACCORDANCE WITH THE LAWS OF DESCENT AND DISTRIBUTION OR IN CONNECTION WITH A GIFT WITHOUT CONSIDERATION[Insert any legend required by the Internal Revenue Code and the regulations thereunder.] MOBILE MINI, INC. THE COMPANY SHALL NOT RECOGNIZE OR RECORD ON ITS NOTE REGISTER A TRANSFER OF THIS NOTE BY ANY MEANS OTHER THAN AS SET FORTH IN THE PRECEDING SENTENCE HEREOF. Kranzco Realty Trust ___% Callable Convertible Subordinated Notes due ______ __, 2008 % Senior Subordinated Notes Due 2002 No. ____ $ __________ Kranzco Realty Trust$_________ CUSIP NO. _________ Mobile Mini, Inc., a real estate investment trust corporation duly organized and existing under the laws of the state of Maryland Delaware (herein called the "Company", which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to ______________, _______________ or registered assigns, the principal sum of ____________________________ ($ _________) (which, taken together with the principal amounts of all other Outstanding Notes, shall not exceed U.S.$8,000,000 in the aggregate at any time) on ______ __Dollars on November 1, 20082002, and to pay interest thereon from ______ ______, 1998, 1997 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, quarterly semi-annually on January 1, April 1, July May 1 and October November 1 in each year, commencing _______ May 1, 1998, at the rate of ____% per annum, until the principal hereof is paid or made available for payment, provided that any principal and overdue interest shall bear interest at the rate of 2% per month (to the extent that the payment of such interest shall be legally enforceable) during the continuation of an Event of Default (as defined in the Indenture), from the dates such amounts are due until they are paid or made available for payment, and such interest shall be payable on demand. The interest so payable, and punctually paid or duly 12 provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this a Note (or one or more Predecessor Notes) is registered at the close of business on the Regular Record Date for such interest, which shall be the December 15, March 15, June April 15 or October 15 (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this a Note (or one or more Predecessor Notes) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Notes not less than ten (10) 10 days prior to such Special Record Date, or be paid at any time in any other lawful mannermanner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture. Payment of the principal of, of (and premium, if any, ) and interest on this Note the Notes will be made at the Corporate Trust Officeoffice or agency of the Company maintained for that purpose in Chicago, Illinois, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts debts; provided, however, that at the option of the Company payment of interest may be made by a U.S. Dollar checkcheck mailed to the address of the Person entitled thereto as such address shall appear in the Note Register. Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

Appears in 1 contract

Sources: Indenture (Mobile Mini Inc)

Form of Face of Note. THE NOTES EVIDENCED BY THIS CERTIFICATE ARE INITIALLY ISSUED AS PART OF AN ISSUANCE OF UNITS, EACH OF WHICH CONSISTS OF ONE NOTE IS NON-NEGOTIABLE AND MAY ONLY BE TRANSFERRED IN ACCORDANCE WITH THE LAWS OF DESCENT AND DISTRIBUTION OR IN CONNECTION WITH A GIFT WITHOUT CONSIDERATION. THE COMPANY SHALL NOT RECOGNIZE OR RECORD ON ITS NOTE REGISTER A TRANSFER PRINCIPAL AMOUNT AT MATURITY OF THIS NOTE BY ANY MEANS OTHER THAN AS SET FORTH IN THE PRECEDING SENTENCE HEREOF. Kranzco Realty Trust $1,000 AND ___% Callable Convertible Subordinated Notes due _ WARRANTS INITIALLY ENTITLING THE HOLDER THEREOF TO PURCHASE _____ SHARES OF COMMON STOCK, PAR VALUE $.01 PER SHARE, OF PRIMUS TELECOMMUNICATIONS GROUP, INCORPORATED. (THE "COMMON STOCK"). PRIOR TO THE CLOSE OF BUSINESS UPON THE EARLIEST TO OCCUR OF (i) ______ __, 2008 1998, (ii) SUCH DATE AS ▇▇▇▇▇▇ BROTHERS INC. MAY IN ITS DISCRETION DEEM APPROPRIATE AND IS IDENTIFIED IN A WRITTEN NOTICE TO THE TRUSTEE OR (iii) UPON AN EXERCISE EVENT, THE NOTES EVIDENCED BY THIS CERTIFICATE MAY NOT BE TRANSFERRED OR EXCHANGED SEPARATELY FROM, BUT MAY BE TRANSFERRED OR EXCHANGED ONLY TOGETHER WITH, THE WARRANTS. Primus Telecommunications Group, Incorporated ___% Senior Note Due 2004 No. ____ $ _______ Kranzco Realty Trust$________ Primus Telecommunications Group, Incorporated, a real estate investment trust duly organized and existing under the laws of the state of Maryland Delaware corporation (herein called the "Company", which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to ______________, ______ or registered assigns, the principal sum of ____________________ Dollars on [_________ ($ ,] 2004, at the office or agency of the Company referred to below, and to pay interest thereon on [_________) (which, taken together with the principal amounts of all other Outstanding Notes1998] and semi-annually thereafter, shall not exceed U.S.$8,000,000 on [date] and [date] in the aggregate at any time) on ____each year, from [July __ __, 2008, and to pay interest thereon from ______ __, 1998], or from the most recent Interest Payment Date to which interest has been paid or duly provided for, quarterly on January 1, April 1, July 1 and October 1 in each year, commencing _______ 1, 1998, at the rate of ____% per annum, until the principal hereof is paid or duly provided for, and (to the extent lawful) to pay on demand interest on any overdue interest at the rate borne by the Notes from the date on which such overdue interest becomes payable to the date payment of such interest has been made available for paymentor duly provided for. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Note (or one or more Predecessor Notes) is registered at the close of business on the Regular Record Date for such interest, which shall be the December 15, March 15, June 15 [date] or October 15 [date] (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will shall forthwith cease to be payable to the Holder on such Regular Record Date Date, and such defaulted interest, and (to the extent lawful) interest on such defaulted interest at the rate borne by the Notes, may either be paid to the Person in whose name this Note (or one or more Predecessor Notes) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Notes not less than ten (10) 10 days prior to such Special Record Date, or may be paid at any time in any other lawful mannermanner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture. Payment of the principal of, of (and premium, if any, on) and interest on this Note will be made at the Corporate Trust Officeoffice or agency of the Company maintained for that purpose in The City of New York, or at such other office or agency of the Company as may be maintained for such purpose, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts debts; provided, however, that payment of interest may be made at the -------- ------- option of the Company (i) by a U.S. Dollar checkcheck mailed to the address of the Person entitled thereto as such address shall appear on the Note Register or (ii) by transfer to an account maintained by the payee located in the United States. Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon has been duly executed by the Trustee referred to on the reverse hereof by manual signature, this Note shall not be entitled to any benefit under the Indenture Indenture, or be valid or obligatory for any purpose.

Appears in 1 contract

Sources: Indenture (Primus Telecommunications Group Inc)

Form of Face of Note. THIS NOTE IS NON-NEGOTIABLE AND MAY ONLY BE TRANSFERRED IN ACCORDANCE WITH THE LAWS OF DESCENT AND DISTRIBUTION OR IN CONNECTION WITH A GIFT WITHOUT CONSIDERATION[Insert any legend required by the Internal Revenue Code and the regulations thereunder.] PNM RESOURCES, INC. THE COMPANY SHALL NOT RECOGNIZE OR RECORD ON ITS NOTE REGISTER A TRANSFER OF THIS NOTE BY ANY MEANS OTHER THAN AS SET FORTH IN THE PRECEDING SENTENCE HEREOF. Kranzco Realty Trust ___% Callable Convertible Subordinated Notes due ______ __, 2008 ......................................................... No. ____ .............. $ ............. [CUSIP No. _______ Kranzco Realty Trust______] PNM Resources, Inc., a real estate investment trust corporation duly organized and existing under the laws of the state of Maryland New Mexico (herein called the "Company", ," which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to ______________, or registered assigns, the principal sum of ___________________ Dollars on __________ ($ _________) (which[if the Note is to bear interest prior to Maturity, taken together with the principal amounts of all other Outstanding Notes, shall not exceed U.S.$8,000,000 in the aggregate at any time) on ______ __, 2008insert - , and to pay interest thereon from ______ __, 1998, __ or from the most recent Interest Payment Date to which interest has been paid or duly provided for, [semi-annually on _________and _________] [quarterly on January 1_______, April 1_______, July 1 _______ and October 1 _______] in each year, commencing _______ 1, 1998_________, at the rate of ___% per annum, until the principal hereof is paid or made available for payment] [if applicable, insert - , provided that any principal and premium, and any such installment of interest, which is overdue shall bear interest at the rate of ___% per annum (to the extent that the payment of such interest shall be legally enforceable), from the dates such amounts are due until they are paid or made available for payment, and such interest shall be payable on demand]. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Note (or one or more Predecessor Notes) is registered at the close of business on the Regular Record Date for such interest, which shall be the December 15, March 15, June 15 _________ or October 15 _________ (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Note (or one or more Predecessor Notes) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Notes of this series not less than ten (10) 10 days prior to such Special Record Date, or be paid at any time in any other lawful mannermanner not inconsistent with the requirements of any securities exchange on which the Notes of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture]. [If the Note is not to bear interest prior to Maturity, insert - The principal of this Note shall not bear interest except in the case of a default in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue principal and any overdue premium shall bear interest at the rate of ___% per annum (to the extent that the payment of such interest shall be legally enforceable), from the dates such amounts are due until they are paid or made available for payment. Interest on any overdue principal or premium shall be payable on demand. Any such interest on overdue principal or premium which is not paid on demand shall bear interest at the rate of ____% per annum (to the extent that the payment of such interest on interest shall be legally enforceable), from the date of such demand until the amount so demanded is paid or made available for payment. Interest on any overdue interest shall be payable on demand.] Payment of the principal of, of (and premium, if any) and [if applicable, and insert - any such] interest on this Note will be made at the Corporate Trust Officeoffice or agency of the Company maintained for that purpose in __________, in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts [if applicable, insert - ; provided, however, that at the option of the Company payment of interest may be made by a U.S. Dollar checkcheck mailed to the address of the Person entitled thereto as such address shall appear in the Note Register]. Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

Appears in 1 contract

Sources: Indenture (Texas New Mexico Power Co)

Form of Face of Note. THIS NOTE IS NON-NEGOTIABLE AND MAY ONLY BE TRANSFERRED IN ACCORDANCE WITH THE LAWS [Insert any legend required by the Internal Revenue Code and the regulations thereunder.] PUBLIC SERVICE COMPANY OF DESCENT AND DISTRIBUTION OR IN CONNECTION WITH A GIFT WITHOUT CONSIDERATION. THE COMPANY SHALL NOT RECOGNIZE OR RECORD ON ITS NOTE REGISTER A TRANSFER OF THIS NOTE BY ANY MEANS OTHER THAN AS SET FORTH IN THE PRECEDING SENTENCE HEREOF. Kranzco Realty Trust ___% Callable Convertible Subordinated Notes due NEW MEXICO ______ __, 2008 No. ____ $ ___________________ Kranzco Realty TrustNo. ______________ $______________ CUSIP No. ____________ Public Service Company of New Mexico, a real estate investment trust corporation duly organized and existing under the laws of the state of Maryland New Mexico (herein called the "Company", COMPANY," which term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to _______________ , or registered assigns, the principal sum of ____________________________ ($ _________) (which, taken together with the principal amounts of all other Outstanding Notes, shall not exceed U.S.$8,000,000 in the aggregate at any time) Dollars on ______ __[if the Note is to bear interest prior to Maturity, 2008insert - , and to pay interest thereon from ______ __, 1998, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, quarterly semi-annually on January 1, April 1, July 1 __________ and October 1 _____ in each year, commencing _______ 1, 1998, at the rate of ___% per annum, until the principal hereof is paid or made available for payment] [if applicable, insert - , provided that any principal and premium, and any such installment of interest, which is overdue shall bear interest at the rate of ___% per annum (to the extent that the payment of such interest shall be legally enforceable), from the dates such amounts are due until they are paid or made available for payment, and such interest shall be payable on demand]. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Note (or one or more Predecessor Notes) is registered at the close of business on the Regular Record Date for such interest, which shall be the December 15, March 15, June 15 __________ or October 15 _________ (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Note (or one or more Predecessor Notes) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Notes of this series not less than ten (10) 10 days prior to such Special Record Date, or be paid at any time in any other lawful mannermanner not inconsistent with the requirements of any securities exchange on which the Notes of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture]. [If the Note is not to bear interest prior to Maturity, insert - The principal of this Note shall not bear interest except in the case of a default in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue principal and any overdue premium shall bear interest at the rate of ___% per annum (to the extent that the payment of such interest shall be legally enforceable), from the dates such amounts are due until they are paid or made available for payment. Interest on any overdue principal or premium shall be payable on demand. Any such interest on overdue principal or premium which is not paid on demand shall bear interest at the rate of ______% per annum (to the extent that the payment of such interest on interest shall be legally enforceable), from the date of such demand until the amount so demanded is paid or made available for payment. Interest on any overdue interest shall be payable on demand.] Payment of the principal of, of (and premium, if any) and [if applicable, and insert - any such] interest on this Note will be made at the Corporate Trust Officeoffice or agency of the Company maintained for that purpose in _______ , in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts [if applicable, insert - ; provided, however, that at the option of the Company payment of interest may be made by a U.S. Dollar checkcheck mailed to the address of the Person entitled thereto as such address shall appear in the Note Register]. Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Note shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

Appears in 1 contract

Sources: Indenture (Public Service Co of New Mexico)