Common use of Payment of Principal and Interest Clause in Contracts

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.50% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 3 contracts

Sources: Fourth Supplemental Indenture (Metlife Inc), Fourth Supplemental Indenture (Metlife Inc), Fourth Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. 1.1 The principal amount of this Note outstanding from time to time shall bear simple interest at a rate per annum equal to (i) from and after the 2032 Senior Notes date hereof until the Maturity Date (as hereinafter defined), ten percent (10%) and (ii) after the Maturity Date, until paid in full, twelve percent (12%) (the “Note Rate”). 1.2 The unpaid principal balance of this Note and all accrued unpaid interest shall be due at Stated Maturityand payable on April 1, 2012 (the “Maturity Date”). The Accrued unpaid interest on the unpaid principal amount of balance due under this Note shall be due and payable on the 2032 Senior Notes shall bear interest at the rate of 6.50% per following dates each year until paid or duly provided for. the Maturity Date: September 30; December 31; March 31; and June 30 (each, an “Interest shall be paid semi-annually in arrears Payment Date”); provided, however, on each Interest Payment Date, commencing June 15the Payor may, 2003at its option and in its sole discretion, in lieu of the payment of the cash interest due on the Note, issue an additional promissory note (in substantially the same form as this Note) in the aggregate principal amount equal to such amount of interest that would otherwise be payable with respect to the Person in whose name the 2032 Senior Notes are registered Note on the Regular Record Date for such Interest Payment Date. All remaining unpaid accrued interest shall be due and payable on the Maturity Date. The first Interest Payment Date shall be June 30, provided that interest payable at 2009. 1.3 All payments (including prepayments) made by the Stated Maturity of principal will Payor on this Note shall be paid applied first to the Person to whom principal is payable. Any such payment of accrued unpaid interest that is not so punctually paid or duly provided for will forthwith cease to be payable on this Note and then to the holders on such Regular Record Date and may be paid as provided in Section 4.01 reduction of the Original Indenture. Payments unpaid principal balance of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. this Note. 1.4 In the event that any the date on which interest is payable on for the 2032 Senior Notes is not a Business Day, then a payment of any amount payable under this Note falls due on a Saturday, Sunday or public holiday under the interest payable on laws of the State of New York, the time for payment of such date will amount shall be made on extended to the next succeeding business day that is a Business Day, except that, if such Business Day is in and interest at the next succeeding calendar year, such payment Note Rate shall be made continue to accrue on the immediately preceding Business Day, in each case with the same force and effect as if made on the date any principal amount so effected until the payment was originally payable. Payment of the principal and interest thereof on such extended due at the Stated Maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretodate.

Appears in 3 contracts

Sources: Promissory Note (Arcadia Resources, Inc), Promissory Note (Arcadia Resources, Inc), Promissory Note (Arcadia Resources, Inc)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at on November 15, 2023 which date shall be the Stated Maturity, subject to the provisions of the Indenture relating to acceleration of maturity. The unpaid principal amount of the 2032 Senior Notes shall will bear interest at from November 13, 2013 or from the rate of 6.50% per year until most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid , at a rate of 4.650% per annum, payable semi-annually in arrears on May 15 and November 15 of each Interest Payment Dateyear, commencing June on May 15, 20032014, and at the Stated Maturity. The Company will pay interest to the Person Persons in whose name names the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal . Interest will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event . (b) If any Interest Payment Date falls on a day that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date payment will be made on postponed to the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, and no interest on such payment shall will accrue for the period from and after such Interest Payment Date. If the maturity date of the Senior Notes falls on a day that is not a Business Day, the payment of interest and principal may be made on the immediately preceding next succeeding Business Day, and no interest on such payment will accrue for the period from and after the maturity date. Interest payments for the Senior Notes will include accrued interest from and including the date of issue or from and including the last date in each respect of which interest has been paid, as the case with may be, to, but excluding, the same force and effect Interest Payment Date or the date of maturity, as if made the case may be. Interest on the date Senior Notes which have a Redemption Date after a Regular Record Date, and on or before the payment was originally payable. following Interest Payment Date, will also be payable to the Persons in whose names the Senior Notes are registered on such Regular Record Date. (c) Payment of the principal and interest due at the Stated Maturity maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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 debtsDollars. Payments of interest (including principal of or interest on any Interest Payment Date) the Senior Notes will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such an account at maintained by the payee with a banking institution bank located in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoStates.

Appears in 2 contracts

Sources: Third Supplemental Indenture (Aspen Insurance Holdings LTD), Third Supplemental Indenture (Aspen Insurance Holdings LTD)

Payment of Principal and Interest. The principal of the 2032 Senior Series 2015A Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Series 2015A Notes shall bear interest at the rate of 6.506.25% per year annum (the “Securities Rate”) until paid or duly provided for. Interest shall be paid semi-annually quarterly in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Series 2015A Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any So long as an Optional Deferral Period is not occurring, any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2015A Notes are 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 the Series 2015A Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2015A Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Series 2015A Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Series 2015A Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Series 2015A Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest (including Additional Interest) due at the Stated Maturity or earlier redemption of the 2032 Senior Series 2015A Notes shall be made upon surrender of the 2032 Senior Series 2015A Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Series 2015A Notes (including Additional Interest) shall be paid 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. Payments of interest (including interest on any Interest Payment DateDate)(including Additional Interest) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Sources: First Supplemental Indenture (Southern Co), First Supplemental Indenture (Southern Co)

Payment of Principal and Interest. The principal of the 2032 2033 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 2033 Senior Notes shall bear interest at the rate of 6.505.875% per year until paid or duly provided for. Interest shall be paid semi-annually quarterly in arrears on each Interest Payment Date, commencing June 15December 31, 2003, to the Person in whose name the 2032 2033 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. Payments of interest on the 2032 2033 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 2033 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 2033 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2032 2033 Senior Notes shall be made upon surrender of the 2032 2033 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 2033 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Sources: Fifth Supplemental Indenture (Metlife Inc), Fifth Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. (a) The principal of the 2032 2015 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 2015 Senior Notes shall bear interest at the rate of 6.505.00% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 1523, 20032005, to the Person Persons in whose name names the 2032 2015 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person Persons to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 2015 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 2015 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 2015 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) All payments of the principal of, and premium, if any, and interest on the 2015 Senior Notes due at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 2015 Senior Notes at the Corporate Trust Office of the Trustee. . (e) The principal of and premium, if any, and interest on the 2032 2015 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Sources: Twelfth Supplemental Indenture (Metlife Inc), Twelfth Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The principal of the 2032 2013 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 2013 Senior Notes shall bear interest at the rate of 6.505.00% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15May 24, 20032004, to the Person in whose name the 2032 2013 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. Payments of interest on the 2032 2013 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 2013 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 2013 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2032 2013 Senior Notes shall be made upon surrender of the 2032 2013 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 2013 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Sources: Indenture (Metlife Inc), Sixth Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The principal of the 2032 2034 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 2034 Senior Notes shall bear interest at the rate of 6.506.375% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June December 15, 20032004, to the Person in whose name the 2032 2034 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. Payments of interest on the 2032 2034 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 2034 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 2034 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2032 2034 Senior Notes shall be made upon surrender of the 2032 2034 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 2034 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Sources: Eighth Supplemental Indenture (Metlife Inc), Eighth Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The (a) Interest and any principal payable on any Note shall be paid to the Person in whose name such Note (or one or more predecessor Notes) is registered at the close of business on the Record Date for the applicable Payment Date by check mailed to such Person's address as it appears in the Note Register on such Record Date, except for the final payment of principal of the 2032 Senior Notes and interest on a Note, which shall be due at Stated Maturitypayable only upon presentation and surrender as provided in subsection (b) of this Section 5. 1. The unpaid For payments made on any Note prior to the final payment of principal amount and interest, such Note need not be submitted for notation of payment. Checks returned undelivered will be held by the Paying Agent for payment to the Person entitled thereto, subject to the terms of Section 5. 2. Payments made on any Payment Date shall be binding upon all future Holders of such Notes and of any Notes issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof, whether or not noted thereon. (b) Each installment of interest on any series of the 2032 Senior Notes is due and payable as specified on the form of Note set forth in Section 2.2. Any installment of interest which is not paid when and as due shall bear interest at the rate of 6.5011% per year until paid annum from the date due to the date of payment thereof. Unless such Note becomes due and payable at an earlier date by declaration of acceleration, call for redemption or duly provided for. Interest otherwise, the principal of each Note of any series shall be paid semi-annually due and payable as provided in arrears the Board Resolution designating such series, and any remaining unpaid principal shall be due and payable at the Stated Maturity for such series; provided, however, the final payment of principal of and interest on each Interest Payment Date, commencing June 15, 2003, Note (or the Redemption Price thereof if the Notes called for redemption) shall be payable only upon presentation and surrender thereof to the Paying Agent. The Trustee shall notify the Person in whose name a Note is registered at the 2032 Senior Notes are registered on the Regular Record Date for such Interest the Payment Date, provided Date next preceding the Payment Date on which the Company expects that interest payable at the Stated Maturity final payment of principal and interest on such Note will be paid paid. Such notice shall be mailed no earlier than the 60th day, and no later than the 20th day, prior to the Person to whom principal is payable. Any such interest Payment Date and shall specify that is not so punctually paid or duly provided for such final payment will forthwith cease to be payable to only upon presentation and surrender of such Notes and shall specify the holders on name and address of the Paying Agent where such Regular Record Date and Notes may be paid presented and surrendered for payment of such final payment. Notices in connection with redemptions of Notes shall be mailed to Holders as provided in Section 4.01 of the Original Indenture. Payments 3.2. (c) All computations of interest on the 2032 Senior Notes will include interest accrued due with respect to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior any Notes shall be computed and paid based on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable 12 months of 30 days each and on the 2032 Senior amount of principal outstanding on the Notes is not from time to time. (d) On or prior to each Report Date, the Company shall transmit to the Trustee a Business Daymonthly report which shall set forth, then a payment with respect to the next three succeeding Payment Dates, the amount of the interest and any principal payable on such date will be made Payment Dates on each Outstanding Note. Computations of interest by the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment Company shall be made on the immediately preceding Business Day, in each case conformity with the same force and effect as if made requirements of this Indenture. Notwithstanding the foregoing, the Trustee may rely on the date the payment was originally payable. Payment its own calculations for purposes of the principal and interest due at the Stated Maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and paying interest on the 2032 Senior Notes shall be paid Notes. (e) The Company at any time may terminate, by written notice to the Trustee, its obligation to pay an installment of interest if it deposits with the Trustee, or the Trustee holds in such coin or currency the Trust Account as of the United States of America as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest related Payment Date, money sufficient to pay the installment when due. (f) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed Subject to the address foregoing provisions of this Section 5.1, each Note delivered under this Indenture upon registration of transfer of or in exchange for or in lieu of any other Note shall carry the Person entitled thereto as rights to unpaid principal and interest, if any, that were carried by such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoother Note.

Appears in 2 contracts

Sources: Indenture (Tamarack Lenders Corp), Indenture (Tamarack Funding Corp)

Payment of Principal and Interest. The principal of the 2032 2012 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 2012 Senior Notes shall bear interest at the rate of 6.505.375% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, to the Person in whose name the 2032 2012 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 2012 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 2012 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 2012 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2032 2012 Senior Notes shall be made upon surrender of the 2032 2012 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 2012 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Sources: Third Supplemental Indenture (Metlife Inc), Third Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The On each Payment Date (as defined below) through and including the Maturity Date (as defined below), Buyer shall make quarterly payments of principal and interest based on the Applicable Interest Rate. For the quarterly payments payable on each Payment Date during the calendar year in which the Closing Date occurs, the amount of each quarterly payment of principal and interest will be calculated as a fully-amortized loan to be paid over twenty-eight (28) quarters (the “Pay-out Period”). For the quarterly payments payable on each Payment Date during each subsequent calendar year, the quarterly equal payments of principal and interest for each such year shall be recalculated annually on January 1s of each calendar year to be the amount that would be sufficient to repay in full the unpaid principal amount owed as of the 2032 Senior Notes last day of the previous calendar year through the remaining term of this Note, plus interest at the Applicable Interest Rate, in equal quarterly payments. For all years after the year in which the Closing Date occurs, the annual process of recalculating the amount of principal and interest paid will occur as set forth above and continue until all outstanding principal, accrued and unpaid interest and costs and expenses due Seller under this Promissory Note are paid in full. In any event, on the Maturity Date, the loan evidenced herein shall mature and all outstanding principal, accrued and unpaid interest and costs and expenses due Seller under this Promissory Note shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.50% per year until paid or duly provided forand payable to Seller. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-360 day year consisting for the actual number of twelve 30-day monthsdays elapsed in the period. In Buyer may prepay the event that amounts due hereunder at any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date time without penalty. Payments will be made on credited first to costs of collection and other charges for which Buyer is responsible pursuant to this Promissory Note, and the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed remainder to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretooutstanding principal due under this Promissory Note.

Appears in 2 contracts

Sources: Stock Purchase Agreement, Stock Purchase Agreement (NV5 Holdings, Inc.)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at on June 1, 2017 which date shall be the Stated Maturity, subject to the provisions of the Indenture relating to acceleration of maturity. The unpaid principal amount of the 2032 Senior Notes shall will bear interest at from May 26, 2005, or from the rate of 6.50% per year until most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid , at a rate of 7.50% per annum, payable semi-annually in arrears on June 1 and December 1 of each Interest Payment Dateyear, commencing June 15on December 1, 20032005, and at the Stated Maturity. The Company will pay interest to the Person Persons in whose name names the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal . Interest will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting comprised of twelve 30-day months. In the event . (b) If any Interest Payment Date falls on a day that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date payment will be made on postponed to the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, and no interest on such payment shall will accrue for the period from and after such Interest Payment Date. If the maturity date of the Notes falls on a day that is not a Business Day, the payment of interest and principal may be made on the immediately preceding next succeeding Business Day, and no interest on such payment will accrue for the period from and after the maturity date. Interest payments for the Notes will include accrued interest from and including the date of issue or from and including the last date in each respect of which interest has been paid, as the case with may be, to, but excluding, the same force and effect Interest Payment Date or the date of maturity, as if made the case may be. Interest on the date Notes which have a Redemption Date after a Regular Record Date, and on or before the payment was originally payable. following Interest Payment Date, will also be payable to the Persons in whose names the Notes are registered on such Regular Record Date. (c) Payment of the principal and interest due at the Stated Maturity maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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 debtsDollars. Payments of interest (including principal of or interest on any Interest Payment Date) the Notes will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such an account at maintained by the payee with a banking institution bank located in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoStates.

Appears in 2 contracts

Sources: First Supplemental Indenture (Platinum Underwriters Holdings LTD), Second Supplemental Indenture (Platinum Underwriters Holdings LTD)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear Said interest at the rate of 6.50% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid hereunder based on the basis of a 360-day year consisting of and based on twelve (12) 30-day months. In months for each full calendar month and on the event that actual number of days elapsed for any date on partial month in which interest is payable being calculated. In computing the number of days during which interest accrues, the day on the 2032 Senior Notes is not a Business Day, then a payment which funds are initially advanced shall be included regardless of the interest payable time of day such advance is made, and the day on such date will which funds are repaid shall be made on the next succeeding day that included unless repayment is a Business Day, except that, if such Business Day is credited prior to close of business. Payment in federal funds immediately available in the next succeeding calendar year, such palace designated for payment received by Lender prior to 2:00 p.m. local time at said place of payment shall be made on the immediately preceding Business Daycredited prior to close of business, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicablewhile other payments may, at the option of Lender, not be credited until immediately available to Lender in federal funds in the Companyplace designated for payment prior to 2:00 p.m. local time at said place of payment on a day on which Lender is open for business. Such principal and interest shall be payable in equal consecutive monthly installments of $42,182.08 each, beginning on the first day of the second full calendar month following the date of this Note (i) or on the first day of the first full calendar month following the date hereof, in the event the advance of the principal amount evidenced by check mailed this Note is the first day of a calendar month), and continuing on the first day of each and every month thereafter through and including February 1, 2011, and on March 1, 2011 (the "Maturity Date"), at which time the entire outstanding principal balance hereof, together with all accrued but unpaid interest thereon, shall be due and payable in full. Each such monthly installment shall be applied first to the address payment of accrued interest and then to reduction of principal. If the advance of the Person entitled thereto as such address principal amount evidenced by this Note is made on a date other than the first day of a calendar month, then ▇▇▇▇▇▇▇▇ shall appear in pay to Lender contemporaneously with the Security Register or (ii) by wire transfer execution hereof interest at such place and to such account at the Note Rate for a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to period from the date for payment by hereof through and including the Person entitled theretofirst day of the next succeeding calendar month.

Appears in 2 contracts

Sources: Promissory Note (Homes for America Holdings Inc), Promissory Note (Homes for America Holdings Inc)

Payment of Principal and Interest. The principal of the 2032 2011 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 2011 Senior Notes shall bear interest at the rate of 6.506.125% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 151, 20032002, to the Person in whose name the 2032 2011 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 2011 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 2011 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 2011 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2032 2011 Senior Notes shall be made upon surrender of the 2032 2011 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 2011 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

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

Payment of Principal and Interest. The principal of the 2032 Senior Series 2017A Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Series 2017A Notes shall bear interest at the rate of 6.50% per year rates set quarterly pursuant to Section 104 hereof until paid or duly provided for. Interest shall be paid semi-annually quarterly in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Series 2017A Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2017A Notes are 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 the Series 2017A Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2017A Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Series 2017A Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Series 2017A Notes shall be computed and paid on the basis of the actual number of days elapsed over a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2032 Senior Series 2017A Notes shall be made upon surrender of the 2032 Senior Series 2017A Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Series 2017A Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Sources: Seventeenth Supplemental Indenture (Mississippi Power Co), Nineteenth Supplemental Indenture (Mississippi Power Co)

Payment of Principal and Interest. The principal Principal and interest under this Agreement and the Note shall be payable as follows: (a) Interest on the funded portion of the 2032 Senior Notes Loan Amount shall accrue from the Advance Date at the Interest Rate and the interest that will accrue during the period commencing on the Advance Date and ending on the last day of the month in which the Advance Date occurs shall be due at Stated Maturity. The unpaid principal paid by Borrower in advance on the Advance Date. (b) Commencing on the Interest Installment Date and on the first day of each calendar month thereafter until the Principal and Interest Installment Date, Borrower shall pay the Monthly Interest Installment. (c) Commencing on the Principal and Interest Installment Date and on the first day of each calendar month thereafter, to and including the first day of the calendar month immediately preceding the Maturity Date, Borrower shall pay the Monthly P&I Installment. (d) On the Maturity Date, a final payment in the aggregate amount of the 2032 Senior Notes entire outstanding principal balance of the Loan, all accrued and unpaid interest, and all other unpaid amounts of the Secured Indebtedness shall bear interest at become immediately payable in full. (e) Borrower acknowledges and agrees that a substantial portion of the rate of 6.50% per year until paid or duly provided for. original Loan Amount shall be outstanding and due on the Maturity Date. (f) Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid calculated on the basis of a thirty (30) day month and a three hundred sixty (360-) day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Dayyear, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, that (i) by check mailed to if the address Advance Date occurs on a date other than the first day of a calendar month, interest payable for the period commencing on the Advance Date and ending on the last day of the Person entitled thereto month in which the Advance Date occurs shall be calculated on the basis of the actual number of days elapsed over a 365 day or 366 day year, as such address shall appear in the Security Register or applicable, and (ii) by wire transfer at such place if the Maturity Date occurs on a date other than the last day of the month, interest payable for the period commencing on the first day of the month in which the Maturity Date occurs and to such account at ending on the Maturity Date shall be calculated on the basis of the actual number of days elapsed over a banking institution in the United States 365 day or 366 day year, as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoapplicable.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement (City Office REIT, Inc.)

Payment of Principal and Interest. The principal of the 2032 2006 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 2006 Senior Notes shall bear interest at the rate of 6.505.25% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 151, 20032002, to the Person in whose name the 2032 2006 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 2006 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 2006 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 2006 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2032 2006 Senior Notes shall be made upon surrender of the 2032 2006 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 2006 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Sources: First Supplemental Indenture (Metlife Inc), First Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.505.300% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June December 15, 20032024, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) The Trustee is hereby designated as Paying Agent for the Senior Notes and all payments of the principal of, and premium, if any, and interest due on the Senior Notes at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. Trustee in the Borough of Manhattan, The City of New York. (e) The principal of of, and premium, if any, and interest due on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s arrangements with the Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register Register, or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Sources: Supplemental Indenture (Metlife Inc), Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. (a) The principal of the 2032 2035 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 2035 Senior Notes shall bear interest at the rate of 6.505.70% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 1523, 20032005, to the Person Persons in whose name names the 2032 2035 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person Persons to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 2035 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 2035 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 2035 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) All payments of the principal of, and premium, if any, and interest on the 2035 Senior Notes due at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 2035 Senior Notes at the Corporate Trust Office of the Trustee. . (e) The principal of and premium, if any, and interest on the 2032 2035 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Sources: Thirteenth Supplemental Indenture (Metlife Inc), Thirteenth Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated MaturityMaturity (unless earlier redeemed or accelerated). The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.506.75% per year annum until paid or duly provided forpaid. Interest shall be paid semi-annually monthly in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will or on a Redemption Date as provided herein shall be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will shall forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Notes are 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 the Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Base Indenture. . (b) Payments of interest on the 2032 Senior Notes will shall include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve twelve, 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will shall be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (c) Subject to the rules of the Depositary with respect thereto, payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will shall be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Sources: First Supplemental Trust Indenture (Capital Automotive Reit), First Supplemental Trust Indenture (Capital Automotive Reit)

Payment of Principal and Interest. (a) The principal of the 2032 2020 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 2020 Senior Notes shall bear interest at the rate of 6.505.25% per year until paid or duly provided for. Additional Amounts, if any, will also be payable in respect of the 2020 Senior Notes, as provided in Section 7 of the Form of 2020 Senior Note. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 1529, 20032006, to the Person Persons in whose name names the 2032 2020 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person Persons to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 2020 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 2020 Senior Notes shall be computed and paid on an Actual/Actual (ISMA) day fraction basis. Actual/Actual (ISMA) means that interest on the 2020 Senior Notes shall be calculated on the basis of a 360-day year consisting (i) the actual number of twelve 30-day months. days in the period from and including the last Interest Payment Date (or the Original Issue Date with respect to the first Interest Payment Date) to but excluding the date on which the Interest Payment Date falls divided by (ii) the product of (x) the actual number of days in the period from and including the last Interest Payment Date (or the Original Issue Date with respect to the first Interest Payment Date) to but excluding the date on which the Interest Payment Date falls and (y) the number of Interest Payment Dates per year. (c) In the event that any date on which interest is payable on the 2032 2020 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Sources: Supplemental Indenture (Metlife Inc), Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The principal of the 2032 2014 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 2014 Senior Notes shall bear interest at the rate of 6.505.50% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June December 15, 20032004, to the Person in whose name the 2032 2014 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. Payments of interest on the 2032 2014 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 2014 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 2014 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2032 2014 Senior Notes shall be made upon surrender of the 2032 2014 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 2014 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 2 contracts

Sources: Seventh Supplemental Indenture (Metlife Inc), Seventh Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2032 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.502.369% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from June 5, 2025. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15on December 5, 20032025, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2032 Senior Notes shall be paid 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 debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Forty Third Supplemental Indenture (Aflac Inc)

Payment of Principal and Interest. The principal of the 2032 Senior 2026 Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior 2026 Notes shall bear interest at the rate of 6.503.25% per year annum until paid or duly provided for. Interest shall be paid semi-annually semiannually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior 2026 Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the 2026 Notes are 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 the 2026 Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the 2026 Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior 2026 Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior 2026 Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior 2026 Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2032 Senior 2026 Notes shall be made upon surrender of the 2032 Senior 2026 Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior 2026 Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Sixteenth Supplemental Indenture (Southern Co)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturityon February 15, 2013, subject to the provisions of the Original Indenture relating to acceleration of maturity. The unpaid principal amount of the 2032 Senior Notes shall will bear interest at from January 31, 2003, or from the rate of 6.50% per year until most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid , at a rate of 5.875% per annum, payable semi-annually in arrears on August 15 and February 15 of each Interest Payment Dateyear, commencing June on August 15, 2003, and at Maturity. The Company will pay interest to the Person Persons in whose name names the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal . Interest will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event . (b) If any Interest Payment Date falls on a day that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date payment will be made on postponed to the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, and no interest on such payment shall will accrue for the period from and after such Interest Payment Date. If the maturity date of the Senior Notes falls on a day that is not a Business Day, the payment of interest and principal may be made on the immediately preceding next succeeding Business Day, in each case with and no interest on such payment will accrue for the same force period from and effect as if made on after the maturity date. Interest payments for the Senior Notes will include accrued interest from and including the date of issue or from and including the payment was originally payable. last date in respect of which interest has been paid, as the case may be, to, but excluding, the Interest Payment Date or the date of maturity, as the case may be. (c) Payment of the principal and interest due at the Stated Maturity maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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 debtsDollars. Payments of interest (including principal of or interest on any Interest Payment Date) the Senior Notes will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such an account at maintained by the payee with a banking institution bank located in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoStates.

Appears in 1 contract

Sources: Second Supplemental Indenture (Renaissancere Holdings LTD)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal --------------------------------- amount of the 2032 Senior Series A Notes shall bear interest at the rate of 6.507.20% per year annum until paid or duly provided for, such interest to accrue from December 8, 1997 or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid semi-annually quarterly in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Series A Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any So long as an Extension Period is not occurring, any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series A Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee ("Special Record Date"), notice whereof shall be given to Holders of the Series A Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series A Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Series A Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Series A Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Series A Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at (including Additional Interest, if any) on the Stated Maturity of the 2032 Senior Series A Notes shall be made upon surrender at the office of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid Paying Agent 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, with any such payment that is due at the Stated Maturity or at earlier redemption of any Series A Notes being made upon surrender of such Series A Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the CompanyCorporation, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. The Corporation shall pay, as additional interest on the Series A Notes, when due to the United States or any other taxing authority, the amounts set forth in clause (i) of the definition of Additional Interest.

Appears in 1 contract

Sources: First Supplemental Indenture (Duke Energy Corp)

Payment of Principal and Interest. The entire outstanding principal amount of the 2032 Senior Notes Debentures shall be due and payable, unless accelerated, redeemed or required to be repurchased pursuant to the Indenture, at Stated Final Maturity. The unpaid principal amount of the 2032 Senior Notes Debentures shall bear interest at the rate of 6.507.50% per year annum until paid or duly provided for. Interest shall be paid semi-annually quarterly in arrears on each Interest Payment Date, commencing June 15December 31, 2003, to the Person in whose name the 2032 Senior Notes Debentures are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Final Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may be paid as provided in Section 4.01 3.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes Debentures will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes Debentures shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes Debentures is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, notwithstanding Section 1.13 of the Indenture, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Final Maturity of the 2032 Senior Notes Debentures shall be made upon surrender at the office or agency of the 2032 Senior Notes at Company maintained for that purpose in the Corporate Trust Office Place of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid Payment, 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. Payments of interest (including interest on any Interest Payment Date) will be made; provided, subject to such surrender where applicablehowever, that, at the option of the Company, (i) interest may be paid by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register Register; provided, further, that payment to the U.S. Depositary or (ii) any successor depositary may be made by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment account designated by the Person entitled theretoU.S. Depositary or such successor depositary in writing.

Appears in 1 contract

Sources: Supplemental Indenture (Aag Holding Co Inc)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.504.800% per year annum, until paid or duly provided for, such interest to accrue from the most recent Interest Payment Date to which interest has been paid or duly provided for, provided that, in respect of the first interest payment date after the issuance hereof, the Company shall pay an amount of interest calculated as if it had accrued from May 1, 2021. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Base Indenture), notice whereof shall be given to Holders of the Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Base Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day (12) thirty (30)-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if Day (and without any interest or payment in respect of any such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Daydelay), in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2032 Senior Notes shall be made upon surrender at the office of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid Paying Agent 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, with any such payment that is due at the Stated Maturity of any Notes, upon redemption or repurchase being made upon surrender of such Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Sources: Third Supplemental Indenture (Midamerican Energy Co)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.503.600% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15May 13, 20032016, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) The Trustee is hereby designated as Paying Agent for the Senior Notes and all payments of the principal of, and premium, if any, and interest due on the Senior Notes at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. Trustee in the Borough of Manhattan, The City of New York. (e) The principal of of, and premium, if any, and interest due on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s arrangements with the Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register Register, or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes ROARS shall be due at on the Stated MaturityMaturity Date (unless the ROARS are earlier redeemed or repurchased). The unpaid principal amount of the 2032 Senior Notes ROARS shall bear interest at the rate of 6.507.375% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Dateyear, commencing June 15, 2003, to for the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of period from the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued Issue Date to but excluding the respective Interest Payment Datesfirst Remarketing Date, such interest to be paid semiannually on December 15 and June 15 of each year, commencing December 15, 2001. Interest payments for on the 2032 Senior Notes ROARS accruing to the first Remarketing Date shall be computed on the basis of a 360-day year of twelve 30-day months. (b) The ROARS shall bear interest from and after the Fixed Rate Remarketing Date at a rate per annum equal to the Interest Rate to Maturity, such interest to be paid semiannually on each day that is a six-month anniversary of such Fixed Rate Remarketing Date. Interest on the ROARS accruing from the Fixed Rate Remarketing Date shall be computed on the basis of a 360-day year consisting of twelve 30-day months. (c) The ROARS shall bear interest during the Floating Rate Period at the Floating Period Interest Rate with respect to each Floating Rate Reset Period. In The amount of interest payable for each day that the event that ROARS are outstanding during the Floating Rate Period shall be calculated by dividing the Floating Period Interest Rate in effect for such day by 360 and multiplying the result by the Dollar Price. The amount of interest payable for any date Floating Rate Reset Period shall be calculated by adding the interest payable for each day in the Floating Rate Reset Period. Interest on which interest is the ROARS accruing during any Floating Rate Reset Period shall be payable on the 2032 Senior Notes is next following Reference Rate Reset Date. Interest on the ROARS accruing during the Floating Rate Period shall be computed on the basis of the actual number of days in such Floating Rate Reset Period over a 360-day year. (d) Except as otherwise provided herein, interest on the ROARS payable on any Interest Payment Date shall be payable to the Persons in whose names the ROARS are registered on the Regular Record Date for such Interest Payment Date. Interest payable on any Interest Payment Date shall accrue from and including the next preceding Interest Payment Date (or from and including the Original Issue Date if no interest has been paid or duly provided with respect to the ROARS) to, but excluding, the relevant Interest Payment Date, Remarketing Date or the Stated Maturity Date, as the case may be. If any Interest Payment Date, the Stated Maturity Date or other payment date of the ROARS (including any payment date in connection with the mandatory tender or any mandatory redemption of the ROARS) does not fall on a Business Day, then a the payment of the interest otherwise payable on such that date will shall be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable, and no interest shall accrue for the period from and after such Interest Payment Date, Stated Maturity Date or other payment date. Payment In the case of any such payment with respect to the principal and ROARS that then accrue interest at a floating rate, interest will accrue from such originally scheduled payment date to but excluding the next succeeding Business Day; provided that in the case of an interest payment due at on the Stated Maturity of Date, no interest will accrue from and after the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Stated Maturity Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Eighth Supplemental Indenture (Aes Corporation)

Payment of Principal and Interest. The principal of the 2032 Senior Series 2018A Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Series 2018A Notes shall bear interest at the rate of 6.50% per year rates set quarterly pursuant to Section 104 hereof until paid or duly provided for. Interest shall be paid semi-annually quarterly in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Series 2018A Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2018A Notes are 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 the Series 2018A Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2018A Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Series 2018A Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Series 2018A Notes shall be computed and paid on the basis of the actual number of days elapsed over a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2032 Senior Series 2018A Notes shall be made upon surrender of the 2032 Senior Series 2018A Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Series 2018A Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Twentieth Supplemental Indenture (Southern Power Co)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2032 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.500.550% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 12, 2020. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15on September 12, 20032020, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2032 Senior Notes shall be paid 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 debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Twenty Fourth Supplemental Indenture (Aflac Inc)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturityon April 1, 2025, subject to the provisions of the Original Indenture relating to acceleration of maturity. The unpaid principal amount of the 2032 Senior Notes shall will bear interest at from March 24, 2015, or from the rate of 6.50% per year until most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid , at a rate of 3.700% per annum, payable semi-annually in arrears on April 1 and October 1 of each Interest Payment Dateyear, commencing June 15on October 1, 20032015, and at Maturity. The Company will pay interest to the Person Persons in whose name names the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal . Interest will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event . (b) If any Interest Payment Date falls on a day that any date on which interest is payable on the 2032 Senior Notes is not a Business DayDay at the applicable Place of Payment, then the interest payment will be postponed to the next day that is a Business Day at such Place of Payment, and no interest on such payment will accrue for the period from and after such Interest Payment Date. If the maturity date of the Senior Notes falls on a day that is not a Business Day at the applicable Place of Payment, the payment of the interest payable on such date will and principal may be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar yearat such Place of Payment, and no interest on such payment shall be made on will accrue for the immediately preceding Business Day, in each case with period from and after the same force maturity date. Interest payments for the Senior Notes will include accrued interest from and effect as if made on including the date of issue or from and including the payment was originally payable. last date in respect of which interest has been paid, as the case may be, to, but excluding, the Interest Payment Date or the date of maturity, as the case may be. (c) Payment of the principal and interest due at the Stated Maturity maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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 debtsDollars. Payments of interest (including principal of or interest on any Interest Payment Date) the Senior Notes will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such an account at maintained by the payee with a banking institution bank located in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoStates.

Appears in 1 contract

Sources: First Supplemental Indenture (Renaissancere Holdings LTD)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2032 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.500.633% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from April 15, 2021. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June on October 15, 20032021, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2032 Senior Notes shall be paid 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 debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Supplemental Indenture (Aflac Inc)

Payment of Principal and Interest. The principal of the 2032 Series A Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Series A Senior Notes shall bear interest at the rate of 6.504.75% per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Series A Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid as provided to the Person or Persons in whose name the Series A Senior Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 4.01 307 of the Original Indenture), notice whereof shall be given to Holders of the Series A Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series A Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in the Original Indenture. . Payments of interest on the 2032 Series A Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Series A Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Series A Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if Day (and without any interest or payment in respect of any such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Daydelay), in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2032 Series A Senior Notes shall be made upon surrender at the office of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid Paying Agent 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, with any such payment that is due at the Stated Maturity of any Series A Senior Notes or on Redemption Date being made upon surrender of such Series A Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Series A Senior Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Sources: Eighth Supplemental Indenture (Virginia Electric & Power Co)

Payment of Principal and Interest. The principal of the 2032 Senior Series 2016A Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Series 2016A Notes shall bear interest at the rate of 6.505.25% per year annum (the “Securities Rate”) until paid or duly provided for. Interest shall be paid semi-annually quarterly in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Series 2016A Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any So long as an Optional Deferral Period is not occurring, any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2016A Notes are 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 the Series 2016A Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2016A Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Series 2016A Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Series 2016A Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Series 2016A Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest (including Additional Interest) due at the Stated Maturity or earlier redemption of the 2032 Senior Series 2016A Notes shall be made upon surrender of the 2032 Senior Series 2016A Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Series 2016A Notes (including Additional Interest) shall be paid 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. Payments of interest (including interest on any Interest Payment DateDate)(including Additional Interest) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Second Supplemental Indenture (Southern Co)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.502.379% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date to which interest has been paid or duly provided forfor or, if no interest has been paid, from the date hereof. Interest and Additional Interest, if any, shall be paid semi-annually in arrears on each Interest Payment Date, commencing June on December 15, 20032021, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 3.07 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest interest, and Additional Interest, if any, accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if Day (and without any interest or other payment in respect of any such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. delay). (c) Payment of the principal principal, premium, if any, and interest and Additional Interest, if any, due at the Stated Maturity of of, or on a Redemption Date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the TrusteeOffice. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 fifteen (15) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Sixth Supplemental Indenture (Puget Sound Energy Inc)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the per annum rate of 6.50% per year until paid or duly provided for6 5/8%. The following terms apply to the Notes: Interest shall be paid semi-annually in arrears on each Interest Payment Date, Date commencing June 15, 2003, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of next succeeding the Original IndentureIssue Date and, if applicable, on the Maturity Date or date of earlier redemption, as the case may be. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding from, and including, the respective immediately preceding Interest Payment DatesDate to which interest has been paid or duly provided for (or from, and including, the Original Issue Date if no interest has been paid or duly provided for) to, but excluding, the applicable Interest Payment Date or the Maturity Date or date of earlier redemption, as the case may be. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In The interest so payable and punctually paid or duly provided for on any Interest Payment Date will be paid to the event Holder(s) of the Notes as of the Regular Record Date for such Interest Payment Date. Any such interest that any date on which interest is payable on the 2032 Senior Notes is not so punctually paid or duly provided for on any Interest Payment Date will forthwith cease to be payable to the Holders of the particular series of Notes as of the close of business on such Regular Record Date and may either be paid to the Person or Persons in whose name such Notes are registered at the close of business on a Business Day, then a Special Record Date for the payment of such defaulted interest to be fixed by the interest payable on Trustee, notice whereof shall be given to Holders of the particular series of Notes by the Trustee not less than fifteen (15) days prior to such date will Special Record Date, or be made on the next succeeding day that is a Business Daypaid at any time in any other lawful manner, except that, if such Business Day is all as more fully provided in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payableBase Indenture. Payment of the principal of and any interest on the Notes due at on the Stated Maturity Date or date of earlier redemption, as the 2032 Senior Notes case may be, shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid in immediately available funds, 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, upon presentation and surrender of the applicable Notes at the office or agency maintained by the Company for that purpose in the Borough of Manhattan, The City of New York, currently the office of the Trustee located at 100 Wall Street, Suite 2000, New York, New York 10005, or at such o▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇ City of New York, as the Company may determine. Payments Payment of interest (including interest due on any Interest Payment Date) Date other than the Maturity Date or date of earlier redemption will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) made by wire transfer of immediately available funds at such place and to such account at a banking institution in the United States as may be designated in wire transfer instructions received in writing to by the Trustee at least 15 sixteen (16) days prior to such Interest Payment Date. Any such wire transfer instructions received by the Trustee shall remain in effect until revoked by such Holder. In the event that any Interest Payment Date or the Maturity Date or date of earlier redemption falls on a day that is not a Business Day, the required payment of principal and/or interest payable on such date shall be made on the next succeeding Business Day with the same force and effect as if made on the date such payment was due, and no interest shall accrue with respect to such payment for the period from and after such Interest Payment Date or the Maturity Date or date of earlier redemption, as the case may be, to the date of such payment by on the Person entitled theretonext succeeding Business Day.

Appears in 1 contract

Sources: Second Supplemental Indenture (Vectren Utility Holdings Inc)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.50___% per year annum until paid or duly provided for. Interest shall be paid semi-annually quarterly in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any So long as an Extension Period is not occurring, any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee ("Special Record Date"), notice whereof shall be given to Holders of the Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest (including Additional Interest, if any) due at the Stated Maturity or earlier redemption of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid , 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. The Company shall pay, as additional interest on the Notes, when due to the United States or any other taxing authority, the amounts set forth in clause (i) of the definition of Additional Interest.

Appears in 1 contract

Sources: Supplemental Indenture (Commonwealth Edison Co)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturityon July 15, 2008, subject to the provisions of the Original Indenture relating to acceleration of maturity. The unpaid principal amount of the 2032 Senior Notes shall will bear interest at from July 17, 2001, or from the rate of 6.50% per year until most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid , at a rate of 7.0% per annum, payable semi-annually in arrears on July 15 and January 15 of each Interest Payment Dateyear, commencing June on January 15, 20032002, and at Maturity. The Company will pay interest to the Person Persons in whose name names the 2032 Senior Notes are registered on the Regular Registered Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal . Interest will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event . (b) If any Interest Payment Date falls on a day that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date payment will be made on postponed to the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, and no interest on such payment shall will accrue for the period from and after such Interest Payment Date. If the maturity date of the Senior Notes falls on a day that is not a Business Day, the payment of interest and principal may be made on the immediately preceding next succeeding Business Day, in each case with and no interest on such payment will accrue for the same force period from and effect as if made on after the maturity date. Interest payments for the Senior Notes will include accrued interest from and including the date of issue or from and including the payment was originally payable. last date in respect of which interest has been paid, as the case may be, to, but excluding, the Interest Payment Date or the date of maturity, as the case may be. (c) Payment of the principal and interest due at the Stated Maturity maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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 debtsDollars. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such an account at maintained by the payee with a banking institution bank located in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoStates.

Appears in 1 contract

Sources: First Supplemental Indenture (Renaissancere Holdings LTD)

Payment of Principal and Interest. The principal of the 2032 Senior Series 2020A Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Series 2020A Notes shall bear interest at the rate of 6.503.70% per year annum until paid or duly provided for. Interest shall be paid semi-annually semiannually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Series 2020A Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2020A Notes are 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 the Series 2020A Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2020A Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Series 2020A Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Series 2020A Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Series 2020A Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2032 Senior Series 2020A Notes shall be made upon surrender of the 2032 Senior Series 2020A Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Series 2020A Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Twenty First Supplemental Indenture (Southern Co)

Payment of Principal and Interest. (a) The principal of the 2032 Floating Rate Senior Notes shall be due at the Stated Maturity. The unpaid principal amount of the 2032 Floating Rate Senior Notes shall bear interest at a floating rate equal to Three-Month LIBOR for the rate of 6.50Initial Interest Period or the applicable Interest Period, as the case may be, reset quarterly on each Interest Payment Date, subject to the Business Day Convention (each, an “Interest Reset Date”), plus 1.25% per year year, until paid or duly provided for. Interest shall be paid semi-annually quarterly in arrears on each Interest Payment Date, commencing June 15beginning on November 6, 20032010, to the Person in whose name the 2032 Floating Rate Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided provided, that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. Payments of . (b) The interest on rate for the 2032 Floating Rate Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid in effect on the basis of a 360-each day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to if that day is an Interest Reset Date, the address interest rate determined as of the Person entitled thereto as Interest Determination Date immediately preceding such address shall appear in the Security Register Interest Reset Date or (ii) by wire transfer at such place and to such account at a banking institution in if that day is not an Interest Reset Date, the United States interest rate determined as of the Interest Determination Date immediately preceding the most recent Interest Reset Date or the Original Issue Date, as the case may be. (c) Three-Month LIBOR will be designated in writing to the Trustee at least 15 days prior to the date for payment determined by the Person entitled thereto.Calculation Agent as of the applicable Interest Determination Date in accordance with the following provisions:

Appears in 1 contract

Sources: Nineteenth Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturityon April 15, 2029, subject to the provisions of the Original Indenture relating to acceleration of maturity. The unpaid principal amount of the 2032 Senior Notes shall will bear interest at from April 2, 2019, or from the rate of 6.50% per year until most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid , at a rate of 3.600% per annum, payable semi-annually in arrears on April 15 and October 15 of each Interest Payment Dateyear, commencing June on October 15, 20032019, and at Maturity. The Company will pay interest to the Person Persons in whose name names the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal . Interest will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event . (b) If any Interest Payment Date falls on a day that any date on which interest is payable on the 2032 Senior Notes is not a Business DayDay at the applicable Place of Payment, then the interest payment will be postponed to the next day that is a Business Day at such Place of Payment, and no interest on such payment will accrue for the period from and after such Interest Payment Date. If the maturity date of the Senior Notes falls on a day that is not a Business Day at the applicable Place of Payment, the payment of the interest payable on such date will and principal may be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar yearat such Place of Payment, and no interest on such payment shall be made on will accrue for the immediately preceding Business Day, in each case with period from and after the same force maturity date. Interest payments for the Senior Notes will include accrued interest from and effect as if made on including the date of issue or from and including the payment was originally payable. last date in respect of which interest has been paid, as the case may be, to, but excluding, the Interest Payment Date or the date of maturity, as the case may be. (c) Payment of the principal and interest due at the Stated Maturity maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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 debtsDollars. Payments of interest (including principal of or interest on any Interest Payment Date) the Senior Notes will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such an account at maintained by the payee with a banking institution bank located in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoStates.

Appears in 1 contract

Sources: First Supplemental Indenture (Renaissancere Holdings LTD)

Payment of Principal and Interest. The principal of the 2032 Series A Senior Notes shall be due at Stated Maturityand payable in installments as set forth in Annex I to Exhibit A hereto. The unpaid principal amount of the 2032 Series A Senior Notes shall bear interest at the rate of 6.507.25% per year annum until paid or duly provided for, such interest to accrue from October 15, 2004 or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Series A Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable with respect to any installment of principal, at the Stated Maturity of principal thereof or on a Redemption Date, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series A Senior Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Original Indenture), notice whereof shall be given to Holders of the Series A Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series A Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Series A Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Series A Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2032 Series A Senior Notes shall be made upon surrender at the office of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid Paying Agent 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, with any such payment that is due at the final Stated Maturity of the Series A Senior Notes or on a redemption in whole of a Series A Senior Note being made upon surrender of such Series A Senior Note or Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Series A Senior Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Sources: Twelfth Supplemental Indenture (Virginia Electric & Power Co)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.501.159% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from October 18, 2018. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15on April 18, 20032019, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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 debtsJapanese yen. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Fifteenth Supplemental Indenture (Aflac Inc)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturityon the Final Maturity Date. The unpaid principal amount of the 2032 Senior Notes shall will bear interest at from June 13, 2025 or from the rate of 6.50% per year until most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid , at a rate of 5.750% per annum, payable semi-annually in arrears on January 1 and July 1 of each Interest Payment Dateyear, commencing June 15on January 1, 2003, 2026. The Company will pay interest to the Person Persons in whose name names the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal . Interest will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event . (b) If any Interest Payment Date falls on a day that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date payment will be made on postponed to the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, and no interest on such payment will accrue for the period from and after such Interest Payment Date to the date of the payment. If the Final Maturity Date of the Senior Notes falls on a day that is not a Business Day, the payment of interest and principal shall be made on the immediately preceding next succeeding Business Day, in each case with and no interest on such payment will accrue for the same force period from and effect as after the Final Maturity Date to the date of the payment. If the Redemption Date of the Senior Notes falls on a day that is not a Business Day, the payment of interest, premium, if any, and principal shall be made on the next succeeding Business Day, and no interest on such payment will accrue for the period from and after the Redemption Date to the date of the payment was originally payablepayment. Interest payments for the Senior Notes will include accrued interest from and including the date of issue or from and including the last date in respect of which interest has been paid, as the case may be, to, but excluding, the applicable Interest Payment Date, Final Maturity Date or Redemption Date, as the case may be. Interest on the Senior Notes which have a Redemption Date after a Regular Record Date, and on or before the following Interest Payment Date, will also be payable to the Persons in whose names the Senior Notes are registered on such Regular Record Date. (c) Payment of the principal and interest due at the Stated Maturity maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of of, premium, if any, and interest on the 2032 Senior Notes shall be paid 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 debtsDollars. Payments of interest (including principal of, premium, if any, or interest on any Interest Payment Date) the Senior Notes will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at to an account maintained by the Paying Agent (as defined below), which will make payments to The Depository Trust Company (“DTC”). Thereafter, such place payments will be credited to the DTC participants’ accounts that hold book-entry interests in the Senior Notes represented by one or more global notes registered in the name of DTC or its nominee (the “Global Notes”) and credited by such participants to the accounts of beneficial owners of the Senior Notes. None of the Trustee, the Securities Registrar or the Paying Agent shall have any responsibility or obligation to a DTC participant, any beneficial owner of an interest in a Global Note, or other Person, with respect to the accuracy of the records of DTC or any nominee or participant or member thereof, with respect to any ownership interest in the Senior Notes or with respect to the delivery to any participant, member, beneficial owner or other Person (other than DTC) of any notice or payment of any amount. The Company shall make all payments of principal, premium, if any, interest and any Additional Amounts with respect to Senior Notes held in certificated form to the Holder thereof by wire transfer of immediately available funds to the accounts specified by the Holders thereof or, if no such account at is specified, by mailing a banking institution in the United States as may be designated in writing check to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoeach such Holder’s registered address.

Appears in 1 contract

Sources: Fifth Supplemental Indenture (Aspen Insurance Holdings LTD)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.503.50% per year annum until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may will be paid as provided to the Person in Section 4.01 whose name the Notes are registered on a subsequent record date established for the payment of such defaulted interest by notice given by mail or on behalf of the Original IndentureCompany to the Holders no less than fifteen (15) days preceding such subsequent record date, such record date to be not less than five (5) days preceding the date of payment of such defaulted interest or in any other lawful manner acceptable to the Trustee. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment DatesDate. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months (and for any partial periods shall be calculated on the basis of the number of days elapsed in a 360-day year of twelve 30-day months). In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of the principal and interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by wire transfer to the Holders entitled thereto who have provided appropriate wire transfer instructions to the Trustee, or by check mailed to the address Holders of the Person Notes entitled thereto at their last addresses as such address shall they appear in on the Debt Security Register or (ii) if the Notes are Book-Entry Debt Securities, the Depository, as Holder of the Notes, shall be entitled to receive payment of interest by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoof immediately available funds.

Appears in 1 contract

Sources: Ninth Supplemental Indenture (Piedmont Natural Gas Co Inc)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at the Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.503.850% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing beginning on June 1522, 20032022, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date that is not an Interest Payment Date will be paid payable to the Person to whom the principal is will be payable. Any Interest payable on a Redemption Date that is an Interest Payment Date will be payable to the registered holders of Notes on the relevant Regular Record Date. Except as otherwise specified in Section 2.04, any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders of Notes on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Base Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. . (b) Interest payments for the 2032 Senior Notes this Note shall be computed and paid on the basis of a 360-day year consisting composed of twelve 30-day months. In the event that . (c) If any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) The Trustee is hereby designated as Security Registrar and Paying Agent for the Notes, and all payments of the principal of and premium, if any, and interest due on the Notes at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office office of the Trustee. Paying Agent in the Borough of Manhattan, The City of New York. (e) The principal of and premium, if any, and interest due on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s or Paying Agent’s arrangements with the Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register Register, or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee or the Paying Agent at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Second Supplemental Indenture (Brighthouse Financial, Inc.)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.504.875% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15May 13, 20032014, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) All payments of the principal of, and premium, if any, and interest due on the Senior Notes at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. Trustee in the Borough of Manhattan, The City of New York. (e) The principal of of, and premium, if any, and interest due on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s arrangements with the Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.503.25% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date to which interest has been paid or duly provided forfor or, if no interest has been paid, from the date hereof. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15on November 1, 20032016, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 3.07 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. . (c) Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the TrusteeOffice. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 fifteen (15) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Third Supplemental Indenture (Cleco Corporate Holdings LLC)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.502.375% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15February 6, 20032011, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided provided, that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) All payments of the principal of, and premium, if any, and interest due on the Senior Notes at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. Trustee in the Borough of Manhattan, The City of New York. (e) The principal of of, and premium, if any, and interest due on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s arrangements with the Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Sixteenth Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.505.400% per year annum, from and including August 14, 2023, or from the most recent Interest Payment Date on which interest has been paid, until paid or duly provided forthe principal thereof becomes due and payable, and on any overdue principal. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable Interest on the 2032 Senior Notes shall be payable semi-annually in arrears in U.S. Dollars on February 14 and August 14 of each year, beginning on February 14, 2024 (each such date, an “Interest Payment Date” for the purposes of this Supplemental Indenture). Payments of interest shall be made to the Person in whose name a Note (or predecessor Note) is registered (which shall initially be the Depositary) at the close of business on the January 31 or July 31 (whether or not that date is a Business Day), as the case may be, immediately preceding such Interest Payment Date (each such date, a “Regular Record Date” for the purposes of the Notes under this Supplemental Indenture). Notwithstanding anything to the contrary contained herein or in the Indenture, (i) if any Interest Payment Date would otherwise be a day that is not a Business Day, then that Interest Payment Date shall be postponed to the next date that is a Business Day and (ii) if the Maturity Date falls on a day that is not a Business Day, the related payment of principal and interest for the interest payable on such date will Notes shall be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if it were made on the date the such payment was originally payable. Payment of the principal due, and no interest due at the Stated Maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest will accrue on the 2032 Senior amounts so payable in respect of such Notes shall be paid in such coin or currency of for the United States of America as at period from and after the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed Maturity Date to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretonext Business Day.

Appears in 1 contract

Sources: Supplemental Indenture (Ingersoll Rand Inc.)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at the Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.504.000% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15on May 23, 20032022, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date (in each case, whether or not an Interest Payment Date) will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders of Notes on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Base Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that . (c) If any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) The Trustee is hereby designated as Security Registrar and Paying Agent for the Notes and all payments of the principal of, and premium, if any, and interest due on the Notes at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. Trustee in New York. (e) The principal of of, and premium, if any, and interest due on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) and Additional Interest will be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s or Paying Agent’s arrangements with the Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register Register, or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee and Paying Agent at least 15 days prior to the date for payment by the Person entitled thereto. (f) Pursuant to the Registration Rights Agreement, the Company will be obligated upon the occurrence of certain events to consummate an exchange offer pursuant to which the holders of the Original Notes shall have the right to exchange the Original Notes for the Exchange Notes, which have been registered under the Securities Act, in like principal amount and having terms identical in all material respects as the Original Notes. Holders of Notes will be entitled to the payment of Additional Interest on the Notes at a rate of 0.25% per annum (which rate shall increase by an additional 0.25% per annum for each subsequent 90-day period that such additional interest continues to accrue, up to a maximum of 0.50% per annum) in the event such exchange offer is not consummated and upon certain other conditions, all pursuant to and in accordance with the terms of the Registration Rights Agreement. (g) If Additional Interest is payable by the Company pursuant to 1.03(f), the Company shall deliver to the Trustee an Officers’ Certificate to that effect stating (i) the amount of such Additional Interest that is payable and (ii) the date on which such Additional Interest is payable. Unless and until a Responsible Officer of the Trustee receives at the Corporate Trust Office such a certificate, the Trustee may assume without inquiry that no such Additional Interest is payable. The Trustee or the Agents shall not be responsible for knowing the terms of, or monitoring, the Registration Rights Agreement.

Appears in 1 contract

Sources: Third Supplemental Indenture (Jackson Financial Inc.)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.504.750% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15February 8, 20032011, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided provided, that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) All payments of the principal of, and premium, if any, and interest due on the Senior Notes at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. Trustee in the Borough of Manhattan, The City of New York. (e) The principal of of, and premium, if any, and interest due on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s arrangements with the Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Seventeenth Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.505.200% per year until annum, from and including February 26, 2025, or from the most recent Interest Payment Date on which interest has been paid or duly provided for, until the principal thereof becomes due and payable, and on any overdue principal. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable Interest on the 2032 Senior Notes shall be payable semi-annually in arrears in U.S. Dollars on March 15 and September 15 of each year, beginning on September 15, 2025 (each such date, an “Interest Payment Date” for the purposes of this Supplemental Indenture). Payments of interest shall be made to the Person in whose name a Note (or predecessor Note) is registered (which shall initially be the Depository) at the close of business on the March 1 or September 1 (whether or not that date is a Business Day), as the case may be, immediately preceding such Interest Payment Date (each such date, a “Regular Record Date” for the purposes of the Notes under this Supplemental Indenture). Notwithstanding anything to the contrary contained herein or in the Indenture, (i) if any Interest Payment Date would otherwise be a day that is not a Business Day, then that Interest Payment Date shall be postponed to the next date that is a Business Day and (ii) if the Maturity Date falls on a day that is not a Business Day, the related payment of principal and interest for the interest payable on such date will Notes shall be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if it were made on the date the such payment was originally payable. Payment of the principal due, and no interest due at the Stated Maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest will accrue on the 2032 Senior amounts so payable in respect of such Notes shall be paid in such coin or currency of for the United States of America as at period from and after the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed Maturity Date to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretonext Business Day.

Appears in 1 contract

Sources: Fourth Supplemental Indenture (LPL Financial Holdings Inc.)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.501.250% per year until annum, from and including March 17, 2015, or from the most recent Interest Payment Date (as defined hereafter) on which interest has been paid or duly provided forfor until the principal thereof becomes due and payable, and on any overdue principal. Interest shall will be computed on the basis of the actual number of days in the period for which interest is being calculated and the actual number of days from and including the last date on which interest was paid semi-annually in arrears on each the Notes (or March 17, 2015 if no interest has been paid on the Notes), to but excluding the next scheduled Interest Payment Date. This payment convention is referred to as ACTUAL/ACTUAL (ICMA) as defined in the rulebook of the International Capital Market Association. Interest on the Notes shall be payable annually on March 17 of each year, commencing June 15beginning on March 17, 20032016 (each such date, an “Interest Payment Date” for the purposes of the Notes under this Third Supplemental Indenture). Payments of interest shall be made to the Person in whose name a Note (or predecessor Note) is registered (which shall initially be the 2032 Senior Notes are registered Depositary) at the close of business on the Regular Record Date for Business Day immediately preceding such Interest Payment DateDate (each such date, provided that interest payable at the Stated Maturity of principal will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such a “Regular Record Date and may be paid as provided in Section 4.01 Date” for the purposes of the Original Notes under this Third Supplemental Indenture). Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective If any Interest Payment Dates. Interest payments for the 2032 Senior Notes shall Date would otherwise be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then that Interest Payment Date will be postponed to the next date that is a Business Day. If the Maturity Date of the Notes falls on a day that is not a Business Day, the related payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if it were made on the date the such payment was originally payabledue, and no interest will accrue on the amounts so payable for the period from and after such date to the next Business Day. Payment As specified in paragraph 12 on the reverse of the principal and interest due at Note, the Stated Maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid in such coin or currency of the United States of America Company agrees to pay Additional Amounts as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoset forth therein.

Appears in 1 contract

Sources: Third Supplemental Indenture (Flowserve Corp)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at the Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.505.670% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15on December 8, 20032022, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date (in each case, whether or not an Interest Payment Date) will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders of Notes on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Base Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that . (c) If any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) The Trustee is hereby designated as Security Registrar and Paying Agent for the Notes and all payments of the principal of, and premium, if any, and interest due on the Notes at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. Trustee in New York. (e) The principal of of, and premium, if any, and interest due on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s or Paying Agent’s arrangements with the Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register Register, or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee and Paying Agent at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Fifth Supplemental Indenture (Jackson Financial Inc.)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.500.769% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15November 23, 20032019, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) The Bank of New York Mellon, London Branch is hereby designated as Paying Agent for the Senior Notes and all payments of the principal of, premium, if any, and interest due on the Senior Notes at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office office of the Trustee. The Paying Agent in London, United Kingdom. (e) Except as provided in Section 1.03(f) below, the principal of of, premium, if any, and interest due on the 2032 Senior Notes shall be paid in such coin or yen. The manner of determining the equivalent thereof in the currency of the United States of America as at for any purpose, including for the time purposes of payment is legal tender for payment applying the definition of public and private debts“Outstanding” in Section 1.01 of the Original Indenture, shall be based on the provisions set forth in Section 1.03(f) below. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s arrangements with the Common Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register Register, or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto. (f) If the yen is unavailable to the Company due to the imposition of exchange controls or other circumstances beyond its control, then all payments in respect of the Senior Notes will be made in U.S. dollars until the yen is again available to the Company. In such circumstances, the amount payable on any date in yen will be converted by the Company into U.S. dollars at the rate mandated by the Board of Governors of the Federal Reserve System as of the close of business on the second business day prior to the relevant payment date or, if the Board of Governors of the Federal Reserve System has not announced a rate of conversion, on the basis of the most recent U.S. dollar/yen exchange rate published in The Wall Street Journal on or prior to the second business day prior to the relevant payment date or, in the event The Wall Street Journal has not published such exchange rate, the rate will be determined in the Company’s sole discretion on the basis of the most recently available market exchange rate for yen. Any payment in respect of the Senior Notes so made in U.S. dollars will not constitute an Event of Default under the Senior Notes or the Indenture.

Appears in 1 contract

Sources: Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The principal of the 2032 Senior 2023 Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior 2023 Notes shall bear interest at the rate of 6.502.95% per year annum until paid or duly provided for. Interest shall be paid semi-annually semiannually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior 2023 Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the 2023 Notes are 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 the 2023 Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the 2023 Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior 2023 Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior 2023 Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior 2023 Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2032 Senior 2023 Notes shall be made upon surrender of the 2032 Senior 2023 Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior 2023 Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Fifteenth Supplemental Indenture (Southern Co)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2032 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.501.726% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from June 5, 2025. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15on December 5, 20032025, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2032 Senior Notes shall be paid 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 debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Forty First Supplemental Indenture (Aflac Inc)

Payment of Principal and Interest. The principal of the 2032 --------------------------------- Series __ Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Series __ Senior Notes shall bear interest at the rate of 6.50% ___ per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Series __ Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series __ Senior Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Original Indenture), notice whereof shall be given to Holders of the Series __ Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series __ Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Series __ Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Series __ Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that If any date on which interest is payable on the 2032 Series __ Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if Day (and without any interest or payment in respect of any such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Daydelay), in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2032 Series __ Senior Notes shall be made upon surrender at the office of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid Paying Agent 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, with any such payment that is due at the Stated Maturity of any Series __ Senior Notes or on a Redemption Date being made upon surrender of such Series __ Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. If any date on which principal and interest is payable on the Series __ Senior Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Sources: First Supplemental Indenture (Consolidated Natural Gas Co/Va)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.504.300% per year annum, until paid or duly provided for, such interest to accrue from the Original Issue Date. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 3.08 of the Base Indenture), notice whereof shall be given to Holders of the Notes in accordance with Section 3.08 of the Base Indenture, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Base Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day (12) thirty (30)-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if Day (and without any interest or payment in respect of any such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Daydelay), in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2032 Senior Notes shall be made upon surrender at the office of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid Paying Agent 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, with any such payment that is due at the Stated Maturity of any Notes, upon redemption or repurchase being made upon surrender of such Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as such place and account may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the next scheduled date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Sources: Supplemental Indenture (Td Synnex Corp)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2032 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.500.300% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 12, 2020. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15on September 12, 20032020, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2032 Senior Notes shall be paid 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 debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Twenty Third Supplemental Indenture (Aflac Inc)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at on August 15, 2014 which date shall be the Stated Maturity, subject to the provisions of the Indenture relating to acceleration of maturity. The unpaid principal amount of the 2032 Senior Notes shall will bear interest at from August 16, 2004, or from the rate of 6.50% per year until most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid , at a rate of 6.00% per annum, payable semi-annually in arrears on February 15 and August 15 of each Interest Payment Dateyear, commencing June on February 15, 20032005, and at the Stated Maturity. The Company will pay interest to the Person Persons in whose name names the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal . Interest will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event . (b) If any Interest Payment Date falls on a day that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date payment will be made on postponed to the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, and no interest on such payment shall will accrue for the period from and after such Interest Payment Date. If the maturity date of the Senior Notes falls on a day that is not a Business Day, the payment of interest and principal may be made on the immediately preceding next succeeding Business Day, and no interest on such payment will accrue for the period from and after the maturity date. Interest payments for the Senior Notes will include accrued interest from and including the date of issue or from and including the last date in each respect of which interest has been paid, as the case with may be, to, but excluding, the same force and effect Interest Payment Date or the date of maturity, as if made the case may be. Interest on the date Senior Notes which have a Redemption Date after a Regular Record Date, and on or before the payment was originally payable. following Interest Payment Date, will also be payable to the Persons in whose names the Senior Notes are registered on such Regular Record Date. (c) Payment of the principal and interest due at the Stated Maturity maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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 debtsDollars. Payments of interest (including principal of or interest on any Interest Payment Date) the Senior Notes will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such an account at maintained by the payee with a banking institution bank located in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoStates.

Appears in 1 contract

Sources: First Supplemental Indenture (Aspen Insurance Holdings LTD)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.506.45% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from August 9, 2010. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June on February 15, 20032011, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Third Supplemental Indenture (Aflac Inc)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.505.875% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15February 6, 20032011, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided provided, that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) All payments of the principal of, and premium, if any, and interest due on the Senior Notes at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. Trustee in the Borough of Manhattan, The City of New York. (e) The principal of of, and premium, if any, and interest due on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s arrangements with the Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Eighteenth Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The principal (a) Principal payments on the Notes, to the extent that Available Funds are available for the payments thereof, in an amount equal to the Basic Principal Payment and the Supplemental Principal Payment will be made on each Payment Date to the Holders in accordance with Section 12.02(d) and Section 6.08. (b) Each Class of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount entitled to receive payments of the 2032 Senior Notes shall bear interest on their respective Note Principal Balances on each Payment Date as provided herein at the rate Class A-1 Note Interest Rate, the Class A-2 Note Interest Rate, the Class A-3 Note Interest Rate or the Class B Note Interest Rate, as applicable, from the Closing Date until the Note Principal Balance of 6.50% per year each such Class is reduced to zero or until paid or duly payment is provided fortherefor as set forth in Article XIV. Interest shall be paid semi-annually in arrears on each Interest After the initial Payment Date, commencing June 15, 2003, payments of interest accrued on each Class of Notes and payable on each Payment Date will be calculated on the Note Principal Balance of each Class of Notes as of the immediately preceding Payment Date after giving effect to any payments of principal on such immediately preceding Payment Date. With respect to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest initial Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to calculated on the Person to whom principal is payableNote Principal Balance of each Class of Notes from the Closing Date through the day preceding the initial Payment Date. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments All computations of interest accrued on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes any Note shall be computed and paid made on the basis of a 360-day year consisting of twelve 3012 thirty-day months. In . (c) If the event entire amount of the Class A-1 Note Interest, Class A-2 Note Interest, Class A-3 Note Interest or Class B Note Interest that is due on any date on which Payment Date shall not have been punctually made or duly provided for when and as due (after giving effect to any applicable cure or grace period), then interest is payable on the 2032 Senior Notes is not a Business Dayapplicable Overdue Interest shall accrue (to the extent permitted by law), then a payment from the date such amount was due until paid, at the Class A-1 Note Interest Rate, Class A-2 Note Interest Rate, Class A-3 Note Interest Rate or the Class B Note Interest Rate, as applicable. (d) The rights of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment Holders of the Class B Notes to receive payments of principal and interest due at in respect of the Class B Notes on any Payment Date, Stated Maturity Date or Redemption Date shall be subordinated to the rights of the 2032 Senior Holders of Class A Notes shall be made upon surrender to receive payments of principal and interest in respect of the 2032 Senior Class A Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date, Stated Maturity Date or Redemption Date and certain other payments as set forth in Section 12.02(d) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoSection 6.08.

Appears in 1 contract

Sources: Indenture (Andersons Inc)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.502.448% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15September 7, 20032024, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) The Bank of New York Mellon, London Branch is hereby designated as Paying Agent for the Senior Notes and all payments of the principal of, premium, if any, and interest due on the Senior Notes at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office office of the Trustee. The Paying Agent in London, United Kingdom. (e) Except as provided in Section 1.03(f) below, the principal of of, premium, if any, and interest due on the 2032 Senior Notes shall be paid in such coin or Yen. The manner of determining the equivalent thereof in the currency of the United States of America as at for any purpose, including for the time purposes of payment is legal tender for payment applying the definition of public and private debts“Outstanding” in Section 1.01 of the Original Indenture, shall be based on the provisions set forth in Section 1.03(f) below. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s arrangements with the Common Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register Register, or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto. (f) If the Yen is unavailable to the Company due to the imposition of exchange controls or other circumstances beyond its control, then all payments in respect of the Senior Notes will be made in U.S. dollars until the Yen is again available to the Company. In such circumstances, the amount payable on any date in Yen will be converted by the Company into U.S. dollars at the rate mandated by the Board of Governors of the Federal Reserve System as of the close of business on the second business day prior to the relevant payment date or, if the Board of Governors of the Federal Reserve System has not announced a rate of conversion, on the basis of the most recent U.S. dollar/Yen exchange rate published in The Wall Street Journal on or prior to the second business day prior to the relevant payment date or, in the event The Wall Street Journal has not published such exchange rate, the rate will be determined in the Company’s sole discretion on the basis of the most recently available market exchange rate for Yen. Any payment in respect of the Senior Notes so made in U.S. dollars will not constitute an Event of Default under the Senior Notes or the Indenture.

Appears in 1 contract

Sources: Forty Fifth Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. (a) The principal of the 2032 2025 Senior Notes shall be due at Stated Maturityon October 29, 2025, subject to the provisions of the Original Indenture relating to acceleration of maturity. The unpaid principal amount of the 2032 2025 Senior Notes shall will bear interest at from October 29, 2015, or from the rate of 6.50% per year until most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid , at a rate of 4.35% per annum, payable semi-annually in arrears on April 29 and October 29 of each Interest Payment Dateyear, commencing June 15on April 29, 20032016, and at Maturity. The Company will pay interest to the Person Persons in whose name names the 2032 2025 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal . Interest will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event . (b) If any Interest Payment Date falls on a day that any date on which interest is payable on the 2032 Senior Notes is not a Business DayDay at the applicable Place of Payment, then the interest payment will be postponed to the next day that is a Business Day at such Place of Payment, and no interest on such payment will accrue for the period from and after such Interest Payment Date. If the maturity date of the 2025 Senior Notes falls on a day that is not a Business Day at the applicable Place of Payment, the payment of the interest payable on such date will and principal may be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar yearat such Place of Payment, and no interest on such payment shall be made on will accrue for the immediately preceding Business Day, in each case with period from and after the same force maturity date. Interest payments for the 2025 Senior Notes will include accrued interest from and effect as if made on including the date of issue or from and including the payment was originally payable. last date in respect of which interest has been paid, as the case may be, to, but excluding, the Interest Payment Date or the date of maturity, as the case may be. (c) Payment of the principal and interest due at the Stated Maturity maturity of the 2032 2025 Senior Notes shall be made upon surrender of the 2032 2025 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 2025 Senior Notes shall be paid 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 debtsDollars. Payments of interest (including principal of or interest on any Interest Payment Date) the 2025 Senior Notes will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such an account at maintained by the payee with a banking institution bank located in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoStates.

Appears in 1 contract

Sources: Supplemental Indenture (Allied World Assurance Co Holdings, AG)

Payment of Principal and Interest. The principal of the 2032 Series C Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Series C Senior Notes shall bear interest at the rate of 6.505.05% per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Series C Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series C Senior Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Base Indenture), notice whereof shall be given to Holders of the Series C Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series C Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Base Indenture. Payments of interest on the 2032 Series C Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Series C Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Series C Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if Day (and without any interest or payment in respect of any such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Daydelay), in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2032 Series C Senior Notes shall be made upon surrender at the office of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid Paying Agent 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, with any such payment that is due at the Stated Maturity of any Series C Senior Notes, upon redemption or repurchase being made upon surrender of such Series C Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Series C Senior Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Sources: Eighteenth Supplemental Indenture (Virginia Electric & Power Co)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2032 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.500.500% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from December 17, 2019. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing on June 1517, 20032020, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2032 Senior Notes shall be paid 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 debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Nineteenth Supplemental Indenture (Aflac Inc)

Payment of Principal and Interest. The principal of the 2032 Senior 2046 Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior 2046 Notes shall bear interest at the rate of 6.504.40% per year annum until paid or duly provided for. Interest shall be paid semi-annually semiannually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior 2046 Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the 2046 Notes are 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 the 2046 Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the 2046 Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior 2046 Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior 2046 Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior 2046 Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2032 Senior 2046 Notes shall be made upon surrender of the 2032 Senior 2046 Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior 2046 Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Eighteenth Supplemental Indenture (Southern Co)

Payment of Principal and Interest. The principal of the 2032 Series A Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Series A Senior Notes shall bear interest at the rate of 6.505.15% per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Series A Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series A Senior Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Base Indenture), notice whereof shall be given to Holders of the Series A Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series A Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Base Indenture. Payments of interest on the 2032 Series A Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Series A Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Series A Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if Day (and without any interest or payment in respect of any such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Daydelay), in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2032 Series A Senior Notes shall be made upon surrender at the office of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid Paying Agent 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, with any such payment that is due at the Stated Maturity of any Series A Senior Notes, upon redemption or repurchase being made upon surrender of such Series A Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Series A Senior Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Sources: Twentieth Supplemental Indenture (Virginia Electric & Power Co)

Payment of Principal and Interest. The principal of the 2032 Senior Series 2023B Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Series 2023B Notes shall bear interest at the rate of 6.504.85% per year annum until paid or duly provided for. Interest shall be paid semi-annually semiannually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Series 2023B Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2023B Notes are 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 the Series 2023B Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2023B Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Series 2023B Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Series 2023B Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Series 2023B Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2032 Senior Series 2023B Notes shall be made upon surrender of the 2032 Senior Series 2023B Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Series 2023B Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Twenty Eighth Supplemental Indenture (Southern Co)

Payment of Principal and Interest. (a) The principal of the 2032 2024 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 2024 Senior Notes shall bear interest at the rate of 6.505.375% per year until paid or duly provided for. Additional Amounts, if any, will also be payable in respect of the 2024 Senior Notes, as provided in Section 7 of the Form of 2024 Senior Note. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15December 9, 20032005, to the Person Persons in whose name names the 2032 2024 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal will be paid to the Person Persons to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 2024 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 2024 Senior Notes shall be computed and paid on an Actual/Actual (ISMA) day fraction basis. Actual/Actual (ISMA) means that interest on the 2024 Senior Notes shall be calculated on the basis of a 360-day year consisting (i) the actual number of twelve 30-day months. days in the period from and including the last Interest Payment Date (or the Original Issue Date with respect to the first Interest Payment Date) to but excluding the date on which the Interest Payment Date falls divided by (ii) the product of (x) the actual number of days in the period from and including the last Interest Payment Date (or the Original Issue Date with respect to the first Interest Payment Date) to but excluding the date on which the Interest Payment Date falls and (y) the number of Interest Payment Dates per year. (c) In the event that any date on which interest is payable on the 2032 2024 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment For purposes of the foregoing, “Business Day” means any day, other than a day on which federal or state banking institutions in London or the Borough of Manhattan, The City of New York, are authorized or obligated by law, executive order or regulation to close. (d) The principal of and premium, if any, and interest due at the Stated Maturity on and Additional Amounts, if any, payable in respect of the 2032 2024 Senior Notes shall be payable in Pounds Sterling. (e) In accordance with Section 2.01(14) of the Original Indenture and for the purposes of the definition of “Outstanding” in Section 1.01 of the Original Indenture, the principal amount of a 2024 Senior Note that shall be deemed Outstanding as of any date of calculation shall be the equivalent in Dollars determined as of such calculation date by using the rate of exchange quoted by Reuters at 10:00 a.m. (New York time) for spot purchases of Dollars with the Foreign Currency, including any premiums payable and costs of exchange. (f) All payments of principal (and Redemption Price as defined in Section 6 of the Form of 2024 Senior Note, or Tax Redemption Price, as defined in Section 7(b) of the Form of 2024 Senior Note, if any) of, interest on and Additional Amounts, if any, in respect of the 2024 Senior Notes will be made upon surrender of the 2032 2024 Senior Notes at the Corporate office or agency of ▇.▇. ▇▇▇▇▇▇ Trust Office Company, National Association which will be the U.S. Paying Agent in the Borough of Manhattan, The City of New York, at the Trusteemain office in London, England of JPMorgan Chase Bank, N.A., London branch which will be the London Paying Agent and, for so long as the 2024 Senior Notes are listed on the Irish Stock Exchange, at the main office in Dublin, Ireland, of ▇.▇. ▇▇▇▇▇▇ Bank (Ireland) plc which will be the Irish Paying Agent in Dublin, Ireland. (g) The principal of and interest on the 2032 2024 Senior Notes shall be paid in such coin or currency of the United States of America Kingdom as at the time of payment is legal tender for payment of public and private debts. Payments of interest (including interest and any Additional Amounts on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States Kingdom as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto. (h) Pursuant to Sections 2.05(b) and 4.03 of the Original Indenture and Section 2.05 of this Eleventh Supplemental Indenture, ▇.▇. ▇▇▇▇▇▇ Trust Company, National Association will be the registrar, U.S. paying agent and U.S. transfer agent for the 2024 Senior Notes, JPMorgan Chase Bank, N.A., London branch will be the London paying agent and transfer agent for the 2024 Senior Notes and ▇.▇. ▇▇▇▇▇▇ Bank (Ireland) plc will be the Irish paying agent and transfer agent for the 2024 Senior Notes.

Appears in 1 contract

Sources: Eleventh Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2032 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.501.075% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from September 14, 2022. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15on March 14, 20032023, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2032 Senior Notes shall be paid 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 debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Supplemental Indenture (Aflac Inc)

Payment of Principal and Interest. The principal of the 2032 Series A Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Series A Senior Notes shall bear interest at the rate of 6.505.4% per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Series A Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series A Senior Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Original Indenture), notice whereof shall be given to Holders of the Series A Senior Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series A Senior Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Series A Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Series A Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Series A Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if Day (and without any interest or payment in respect of any such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Daydelay), in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2032 Series A Senior Notes shall be made upon surrender at the office of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid Paying Agent 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, with any such payment that is due at the Stated Maturity of any Series A Senior Notes or on a Redemption Date being made upon surrender of such Series A Senior Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Series A Senior Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Sources: Twelfth Supplemental Indenture (Virginia Electric & Power Co)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.502.390% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15September 7, 20032024, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) The Bank of New York Mellon, London Branch is hereby designated as Paying Agent for the Senior Notes and all payments of the principal of, premium, if any, and interest due on the Senior Notes at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office office of the Trustee. The Paying Agent in London, United Kingdom. (e) Except as provided in Section 1.03(f) below, the principal of of, premium, if any, and interest due on the 2032 Senior Notes shall be paid in such coin or Yen. The manner of determining the equivalent thereof in the currency of the United States of America as at for any purpose, including for the time purposes of payment is legal tender for payment applying the definition of public and private debts“Outstanding” in Section 1.01 of the Original Indenture, shall be based on the provisions set forth in Section 1.03(f) below. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s arrangements with the Common Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register Register, or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto. (f) If the Yen is unavailable to the Company due to the imposition of exchange controls or other circumstances beyond its control, then all payments in respect of the Senior Notes will be made in U.S. dollars until the Yen is again available to the Company. In such circumstances, the amount payable on any date in Yen will be converted by the Company into U.S. dollars at the rate mandated by the Board of Governors of the Federal Reserve System as of the close of business on the second business day prior to the relevant payment date or, if the Board of Governors of the Federal Reserve System has not announced a rate of conversion, on the basis of the most recent U.S. dollar/Yen exchange rate published in The Wall Street Journal on or prior to the second business day prior to the relevant payment date or, in the event The Wall Street Journal has not published such exchange rate, the rate will be determined in the Company’s sole discretion on the basis of the most recently available market exchange rate for Yen. Any payment in respect of the Senior Notes so made in U.S. dollars will not constitute an Event of Default under the Senior Notes or the Indenture.

Appears in 1 contract

Sources: Supplemental Indenture (Metlife Inc)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.503.900% per year annum, until paid or duly provided for, such interest to accrue from the most recent Interest Payment Date to which interest has been paid or duly provided for, provided that, in respect of the first interest payment date after the issuance hereof, the Company shall pay an amount of interest calculated as if it had accrued from May 15, 2021. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 307 of the Base Indenture), notice whereof shall be given to Holders of the Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Base Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day (12) thirty (30)-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if Day (and without any interest or payment in respect of any such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Daydelay), in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2032 Senior Notes shall be made upon surrender at the office of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid Paying Agent 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, with any such payment that is due at the Stated Maturity of any Notes, upon redemption or repurchase being made upon surrender of such Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Sources: Supplemental Indenture (Midamerican Energy Co)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.502.650% per year annum, until paid or duly provided for, such interest to accrue from the Original Issue Date. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 3.08 of the Base Indenture), notice whereof shall be given to Holders of the Notes in accordance with Section 3.08 of the Base Indenture, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Base Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day (12) thirty (30)-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if Day (and without any interest or payment in respect of any such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Daydelay), in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2032 Senior Notes shall be made upon surrender at the office of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid Paying Agent 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, with any such payment that is due at the Stated Maturity of any Notes, upon redemption or repurchase being made upon surrender of such Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as such place and account may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the next scheduled date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Sources: Supplemental Indenture (Synnex Corp)

Payment of Principal and Interest. The principal of the 2032 2006 Senior Notes shall be due at on the 2006 Series Stated MaturityMaturity Date. The unpaid principal amount of the 2032 2006 Senior Notes shall bear interest at the rate of 6.506.85% per year until paid or duly provided for, such interest to accrue from April 21, 2006 or from the most recent 2006 Series Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid semi-annually in arrears on each 2006 Series Interest Payment Date, commencing June October 15, 20032006, to the Person in whose name the 2032 2006 Senior Notes are registered on the 2006 Series Regular Record Date for such 2006 Series Interest Payment Date, provided that interest payable at on the 2006 Series Stated Maturity Date of principal or on a 2006 Series Redemption Date (as defined in Section 1.07 below) as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such 2006 Series Regular Record Date and may be paid as provided in Section 4.01 2.07 of the Original Indenture. Payments of interest on the 2032 2006 Senior Notes will include interest accrued to but excluding the respective 2006 Series Interest Payment Dates. Interest payments for the 2032 2006 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 2006 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay); provided, except thathowever, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the 2006 Series Stated Maturity of Date of, or on a 2006 Series Redemption Date for, the 2032 2006 Senior Notes shall be made upon surrender of the 2032 2006 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 2006 Senior Notes shall be paid 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. Payments of interest (including interest on any 2006 Series Interest Payment Date) will be made, subject to such surrender where applicable, made at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Second Supplemental Indenture (Horace Mann Educators Corp /De/)

Payment of Principal and Interest. The Except as provided in the next succeeding sentence, the principal of the 2032 Senior Series 2007C Notes shall be due at ▇▇▇ ▇▇i▇▇▇▇ ▇▇turity Date. A Holder of an Extendible Note may elect to extend the maturity of all of the principal amount of its Extendible Note or any portion of its Extendible Note having a principal amount of $1,000 or any integral multiple thereof, during the Notice Period relating to each Election Date, in which case the maturity of such principal amount of its Extendible Note shall be extended to the date occurring 366 calendar days from and including the 18th calendar day of the next succeeding month following such Election Date (or, if such date is not a Business Day, the immediately preceding Business Day). In no event will the maturity of the Series 2007C Notes be extended beyond the Final Maturity Date. To make an election to extend the maturity of an Extendible Note effective on any Election Date, a Holder must deliver a notice of election during the Notice Period for that Election Date, such notice to be substantially in the form entitled “Notice of Election to Extend Maturity” attached to Exhibit A hereto, duly completed (a “Notice of Election”), and in the event of an election to the extend the maturity of only a portion of the principal amount of such Holder’s Extendible Note, such Extendible Note. The Notice Period for each Election Date will begin on the fifth Business Day prior to the Election Date and will end at the close of business, New York City t▇▇▇, ▇n the Election Date (the “Notice Period”). If the Election Date is not a Business Day, the Notice Period will be extended to the Business Day next following the Election Date. A Notice of Election must be delivered to the Trustee on or after the first day of the Notice Period and no later than the close of business, New York City time, on the last 1810688_2.DOC Business Day in the Notice Period relating to the applicable Election Date. Upon delivery to the Trustee of a Notice of Election to extend the maturity of a Holder’s Extendible Note or any portion thereof during any Notice Period, that Notice of Election will be revocable during each day of such Notice Period, until 12:00 noon, New York City time, on the last Business Day in the Notice Period relating to the applicable Election Date, at which time such Notice of Election will become irrevocable. If on any Election Date, a Holder of an Extendible Note does not make a timely and proper election to extend the maturity of all or any portion of the principal amount of such Holder’s Extendible Note, the principal amount of such Extendible Note for which no such election has been made will be due and payable at the Stated Maturity of such Extendible Note. The principal amount of an Extendible Note for which no election to extend the maturity has been made on any Election Date will be represented by a substitute non-extendible note deemed to be issued as of such Election Date, substantially in the form of Exhibit B hereto (a “Substitute Note”) and Schedule A to such Extendible Note shall be annotated as of such Election Date to reflect the corresponding decrease in the principal amount thereof. If a Holder of an Extendible Note elects to extend the maturity of only a portion of an Extendible Note, the principal amount of the Substitute Note must be in an authorized denomination as provided in Section 105. The Substitute Note so issued will have the same terms as the original Extendible Note, except that it will not be extendible, it will have a different CUSIP number and its maturity date will remain the Stated Maturity. Interest on the Substitute Note shall accrue from and including the last Interest Payment Date on the related original Extendible Note. The Company and the Trustee shall deem an Extendible Note canceled as to any portion of the principal amount thereof for which a duly completed Notice of Election and, if applicable, such Extendible Note, are not delivered to the Trustee within the Notice Period for any Election Date, except with respect to the entitlement of any interest thereon that is in arrears as of such Election Date. A Holder’s failure to elect to extend the maturity of all or any portion of the Series 2007C Notes will be irrevocable and will be binding upon any subsequent Holder of such Series 2007C Notes. The unpaid principal amount of the 2032 Senior Series 2007C Notes shall bear accrue interest at the rate of 6.50% per year Coupon Rate set monthly pursuant to Section 104 hereof, from the Original Issue Date, until paid or duly provided for. Interest shall be paid semi-annually monthly in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Notes are such Series 2007C Note is registered on the Regular Record Date for such Interest Payment Date, provided that whether or not such Regular Record Date is a Business Day. However, interest payable at on the Stated Maturity of principal any Series 2007C Note will be paid to the same Person to whom the principal is payable. The initial Interest Payment Date for the Series 2007C Notes is July 18, 2007. The final Interest Payment Date for a Series 2007C Note shall be the Stated Maturity for that Series 2007C Note. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2007C Notes are 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 the Series 2007C Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on 1810688_2.DOC which the Series 2007C Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments The rate at which interest shall accrue on the unpaid principal amount of the Series 2007C Notes for each Interest Period shall be the relevant Coupon Rate for that Interest Period and payments of interest on the 2032 Senior Series 2007C Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes Such interest shall be computed and paid accrue on the basis of the actual number of days in each Interest Period and a 360-day year consisting of twelve 30-day months360 days. Interest on the Series 2007C Notes will be payable, in arrears, on each Interest Payment Date, including any Interest Payment Date on which a Holder elects to extend the maturity of any Extendible Note in accordance with the provisions of this Section 103. In the event that any date on which interest is payable on the 2032 Senior Notes Interest Payment Date is not a Business Day, then a payment of the interest payable on such date Interest Payment Date will be made on the next succeeding day that which is a Business Day, except that, if such unless: (i) that next succeeding Business Day is falls in the next succeeding calendar yearmonth; or (ii) the Interest Payment Date that does not occur on a Business Day is also the scheduled Stated Maturity for such Series 2007C Note, such payment shall in which case, the relevant Interest Payment Date or Stated Maturity for the relevant Series 2007C Note, as the case may be, will be made on the immediately preceding Business Day and interest will accrue to but excluding that immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment Payments of the principal and interest due at the Stated Maturity of the 2032 Senior any Series 2007C Notes shall be made upon surrender of the 2032 Senior such Series 2007C Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Series 2007C Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by to the Person entitled thereto.

Appears in 1 contract

Sources: Indenture (Georgia Power Co)

Payment of Principal and Interest. (a) The principal amount of the 2032 Senior Notes shall be due at the Stated MaturityMaturity Date. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.503.950% per year until paid or duly provided for. Interest on the Notes shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15November 25, 20032021, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date; provided, provided that interest payable at the Stated Maturity of principal will Date or upon redemption shall be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will shall forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will shall include interest accrued to but excluding the respective Interest Payment DatesDate. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 Senior Notes is not both a Business Day and a Bermuda Business Day, then a payment of the interest payable on such date will shall be made on the next succeeding day Business Day that is a Business Day, except that, if such Bermuda Business Day is (and without any interest or other payment in the next succeeding calendar yearrespect of any such delay), such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) The Trustee is hereby designated as Paying Agent for the Notes and all payments of the principal of, and premium, if any, and interest due on the Notes at the Stated Maturity of the 2032 Senior Notes Date or upon redemption shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. . (e) The principal of of, and premium, if any, any Additional Amounts, and interest due on the 2032 Senior Notes shall be paid 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. Payments of interest (including payments of interest on any Interest Payment Date) will shall be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s arrangements with the Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register Register, or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Fourth Supplemental Indenture (Athene Holding LTD)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal --------------------------------- amount of the 2032 Senior Series Notes shall bear interest at the rate of 6.50% per year annum until paid or duly provided for, such interest to accrue from , or from the most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Series Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any So long as an Extension Period is not occurring, any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee ("Special Record Date"), notice whereof shall be given to Holders of the Series Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Series Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Series Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Series Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at (including Additional Interest, if any) on the Stated Maturity of the 2032 Senior Series Notes shall be made upon surrender at the office of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid Paying Agent 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, with any such payment that is due at the Stated Maturity or at earlier redemption of any Series Notes being made upon surrender of such Series Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the CompanyCorporation, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto. The Corporation shall pay, as additional interest on the Series Notes, when due to the United States or any other taxing authority, the amounts set forth in clause (i) of the definition of Additional Interest.

Appears in 1 contract

Sources: Supplemental Indenture (Duke Capital Financing Trust Iii)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2032 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.500.844% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from April 15, 2021. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June on October 15, 20032021, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2032 Senior Notes shall be paid 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 debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Thirtieth Supplemental Indenture (Aflac Inc)

Payment of Principal and Interest. The principal of the 2032 Senior Series 2020A Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Series 2020A Notes shall bear interest at the rate of 6.504.95% per year annum (the “Securities Rate”) until paid or duly provided for. Interest shall be paid semi-annually quarterly in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Series 2020A Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any So long as an Optional Deferral Period is not occurring, any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2020A Notes are 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 the Series 2020A Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2020A Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Series 2020A Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Series 2020A Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Series 2020A Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest (including Additional Interest) due at the Stated Maturity or earlier redemption of the 2032 Senior Series 2020A Notes shall be made upon surrender of the 2032 Senior Series 2020A Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Series 2020A Notes (including Additional Interest) shall be paid 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. Payments of interest (including interest on any Interest Payment Date) (including Additional Interest) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Eighth Supplemental Indenture (Southern Co)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at Stated Maturity, unless earlier redeemed. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.504.150% per year annum until paid or duly provided for, such interest to accrue from the Original Issue Date or from the most recent Interest Payment Date on which interest has been paid or duly provided for. Interest Subject to Section 307 of the Original Indenture, interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person or Persons in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date; provided, provided that interest payable at the Stated Maturity of principal will or on a Redemption Date as provided herein shall be paid to the Person to whom principal is payable. Any such The Company shall pay interest that is not so punctually paid or duly provided for will forthwith cease on overdue principal and premium, if any, from time to be payable time on demand at the same rate; and it shall pay interest on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indentureextent lawful. Payments of interest on the 2032 Senior Notes will shall include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that If any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will shall be made on the next succeeding day that is a Business Day, except that, if Day (and without any interest or payment in respect of any such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case delay) with the same force and effect as if made on the date the payment was originally payable. Payment of the principal of, premium, if any, and interest due at on the Stated Maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including principal of, premium, if any, and interest on the Notes represented by a Global Security shall be made by wire transfer of immediately available funds to the Depositary therefor; provided, that in the case of payments of principal and premium, if any, at maturity or upon redemption, such Global Security is first surrendered to a Paying Agent. If any Interest Payment Dateof the Notes are no longer represented by Global Securities, (i) will payments of principal, premium, if any, and interest due at the Stated Maturity or earlier redemption of such Notes shall be made at the office of any Paying Agent upon surrender of such Notes to such Paying Agent and (ii) payments of interest shall be made, at the option of the Company, subject to such surrender where applicable, at the option of the Company, by (iA) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (iiB) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 16 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Fourth Supplemental Indenture (Enable Midstream Partners, LP)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.506.650% per year annum, until paid or duly provided for, such interest to accrue from the Original Issue Date. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Notes are registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee (in accordance with Section 3.08 of the Base Indenture), notice whereof shall be given to Holders of the Notes in accordance with Section 3.08 of the Base Indenture, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Notes may be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Base Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day (12) thirty (30)-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business Day, except that, if Day (and without any interest or payment in respect of any such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Daydelay), in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at on the Stated Maturity of the 2032 Senior Notes shall be made upon surrender at the office of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid Paying Agent 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, with any such payment that is due at the Stated Maturity of any Notes, upon redemption or repurchase being made upon surrender of such Notes to the Paying Agent. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as such place and account may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the next scheduled date for payment by the Person entitled thereto. In the event that any date on which principal and interest is payable on the Notes is not a Business Day, then payment of the principal and interest payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or payment in respect of any such delay), in each case with the same force and effect as if made on the date the payment was originally payable.

Appears in 1 contract

Sources: Supplemental Indenture (Concentrix Corp)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2032 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.501.125% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 8, 2021. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June on September 15, 2003, 2021 to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Twenty Eighth Supplemental Indenture (Aflac Inc)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2032 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.500.750% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 12, 2020. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15on September 12, 20032020, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2032 Senior Notes shall be paid 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 debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Twenty Fifth Supplemental Indenture (Aflac Inc)

Payment of Principal and Interest. (a) The principal amount of the 2032 Senior Notes shall be due at the Stated MaturityMaturity Date. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.506.25% per year until paid or duly provided for. Interest on the Notes shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15October 1, 20032024, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, ; provided that interest payable at the Stated Maturity of principal will Date or upon redemption shall be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will shall forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will shall include interest accrued to but excluding the respective Interest Payment DatesDate. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will shall be made on the next succeeding day that is a Business Day, except that, if such Business Day is (and without any interest or other payment in the next succeeding calendar yearrespect of any such delay), such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) The Trustee is hereby designated as Paying Agent for the Notes and all payments of the principal of, and premium, if any, and interest due on the Notes at the Stated Maturity of the 2032 Senior Notes Date or upon redemption shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. . (e) The principal of of, and premium, if any, and interest due on the 2032 Senior Notes shall be paid 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. Payments of interest (including payments of interest on any Interest Payment Date) will shall be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s arrangements with the Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register Register, or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Supplemental Indenture (Athene Holding Ltd.)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.503.625% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from June 10, 2013. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June on December 15, 20032013, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date (as defined below) as provided herein, will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a Redemption Date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Eighth Supplemental Indenture (Aflac Inc)

Payment of Principal and Interest. The If not previously redeemed, the principal of the 2032 Senior Notes shall be due at the Stated Maturity. The unpaid and outstanding principal amount of the 2032 Senior Notes Notes, and any overdue installment of interest thereon to the extent permitted by law, shall bear interest at the rate of 6.501.682% per year until paid or made available for payment, such interest to accrue from the most recent Interest Payment Date on which interest has been paid or duly provided forfor or, if no interest has been paid, from March 21, 2024. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15on September 21, 20032024, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.7 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (and without any interest or other payment in respect of any such delay), except that, if such next succeeding Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal principal, premium, if any, and interest due at the Stated Maturity of of, or on a redemption date for, the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The Except as described in Section 1.12 below, the principal of and interest on the 2032 Senior Notes shall be paid 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 debtsJapanese yen. Payments of interest (including interest on any an Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register register or (ii) by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Fortieth Supplemental Indenture (Aflac Inc)

Payment of Principal and Interest. The principal of the 2032 Senior Series 2023C Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Series 2023C Notes shall bear interest at the rate of 6.505.20% per year annum until paid or duly provided for. Interest shall be paid semi-annually semiannually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Series 2023C Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2023C Notes are 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 the Series 2023C Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2023C Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Series 2023C Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Series 2023C Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Series 2023C Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2032 Senior Series 2023C Notes shall be made upon surrender of the 2032 Senior Series 2023C Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Series 2023C Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Supplemental Indenture (Southern Co)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Final Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.50% per year until paid or duly provided for. Interest shall be paid semi-annually quarterly in arrears on each Interest Payment Date, commencing June 15, 20032018, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Final Stated Maturity of principal or upon redemption will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 3.08 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest accrued from the most recent date to which interest has been paid (or the Original Issue Date if no interest has been paid) to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business DayDay (including the Redemption Date), then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) The Trustee is hereby designated as paying agent for the Senior Notes and all payments of the principal of, and premium, if any, and interest due at on the Senior Notes with respect to such principal on the Final Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. Trustee in the United States. (e) The principal of of, and premium, if any, and interest due on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Note, to the applicable procedures of the Depository, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register Note Register, or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee Trustee; provided, however, that with respect to all payments of principal and interest with respect to a Senior Note owned by a Person who owns at least 15 days $5,000,000 aggregate principal amount of Senior Notes, the Company shall provide at least 10 Business Days prior to the date for written notice of any payment by the Person entitled theretowire transfer to such Person.

Appears in 1 contract

Sources: Indenture (Conifer Holdings, Inc.)

Payment of Principal and Interest. The principal of the 2032 Senior Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.505.05% per year annum until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person Persons in whose name each Note is registered at the 2032 Senior Notes are registered close of business on the Regular Record Date for the applicable Interest Payment Date, which will be the close of business on (i) the Business Day immediately preceding such Interest Payment DateDate so long as all of the Notes remain in the form of a Book-Entry Debt Security or (ii) the fifteenth calendar day next preceding such Interest Payment Date (whether or not such day is a Business Day) if any of the Notes do not remain in the form of a Book-Entry Debt Security, provided that interest payable at the Stated Maturity of principal or on a redemption date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may will be paid as provided to the Person in Section 4.01 whose name the Notes are registered on a subsequent Record Date established for the payment of such defaulted interest by notice given by mail or on behalf of the Original IndentureCompany to the Holders no less than fifteen (15) days preceding such subsequent Record Date, such Record Date to be not less than five (5) days preceding the date of payment of such defaulted interest or in any other lawful manner acceptable to the Trustee. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months (and for any partial periods shall be calculated on the basis of the number of days elapsed in a 360-day year of twelve 30-day months). In the event that any date on which interest or principal is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest or principal payable on such date date, as applicable, will be made on the next succeeding day that is a Business DayDay (and without any additional interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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. Payments of the principal and interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by wire transfer to the Holders entitled thereto who have provided appropriate wire transfer instructions to the Trustee, or by check mailed to the address Holders of the Person Notes entitled thereto at their last addresses as such address shall they appear in on the Debt Security Register or (ii) if the Notes are Book-Entry Debt Securities, the Depository, as Holder of the Notes, shall be entitled to receive payment of interest by wire transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoof immediately available funds.

Appears in 1 contract

Sources: Twelfth Supplemental Indenture (Piedmont Natural Gas Co Inc)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturityon March 15, 2020, subject to the provisions of the Original Indenture relating to acceleration of maturity. The unpaid principal amount of the 2032 Senior Notes shall will bear interest at from March 17, 2010, or from the rate of 6.50% per year until most recent Interest Payment Date to which interest has been paid or duly provided for. Interest shall be paid , at a rate of 5.75% per annum, payable semi-annually in arrears on March 15 and September 15 of each Interest Payment Dateyear, commencing June on September 15, 20032010, and at Maturity. The Company will pay interest to the Person Persons in whose name names the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal . Interest will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event . (b) If any Interest Payment Date falls on a day that any date on which interest is payable on the 2032 Senior Notes is not a Business DayDay at the applicable Place of Payment, then the interest payment will be postponed to the next day that is a Business Day at such Place of Payment, and no interest on such payment will accrue for the period from and after such Interest Payment Date. If the maturity date of the Senior Notes falls on a day that is not a Business Day at the applicable Place of Payment, the payment of the interest payable on such date will and principal may be made on the next succeeding day that is a Business Day, except that, if such Business Day is in the next succeeding calendar yearat such Place of Payment, and no interest on such payment shall be made on will accrue for the immediately preceding Business Day, in each case with period from and after the same force maturity date. Interest payments for the Senior Notes will include accrued interest from and effect as if made on including the date of issue or from and including the payment was originally payable. last date in respect of which interest has been paid, as the case may be, to, but excluding, the Interest Payment Date or the date of maturity, as the case may be. (c) Payment of the principal and interest due at the Stated Maturity maturity of the 2032 Senior Notes shall be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Notes shall be paid 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 debtsDollars. Payments of interest (including principal of or interest on any Interest Payment Date) the Senior Notes will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such an account at maintained by the payee with a banking institution bank located in the United States as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled theretoStates.

Appears in 1 contract

Sources: First Supplemental Indenture (Renaissancere Holdings LTD)

Payment of Principal and Interest. The principal of the 2032 Senior 2036 Notes shall be due at Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior 2036 Notes shall bear interest at the rate of 6.504.25% per year annum until paid or duly provided for. Interest shall be paid semi-annually semiannually in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior 2036 Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the 2036 Notes are 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 the 2036 Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the 2036 Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior 2036 Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior 2036 Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior 2036 Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest due at the Stated Maturity or earlier redemption of the 2032 Senior 2036 Notes shall be made upon surrender of the 2032 Senior 2036 Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior 2036 Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Seventeenth Supplemental Indenture (Southern Co)

Payment of Principal and Interest. The principal of the 2032 Senior Series 2017B Notes shall be due at the Stated MaturityMaturity (unless earlier redeemed). The unpaid principal amount of the 2032 Senior Series 2017B Notes shall bear interest at the rate of 6.505.25% per year annum (the “Securities Rate”) until paid or duly provided for. Interest shall be paid semi-annually quarterly in arrears on each Interest Payment Date, commencing June 15, 2003, Date to the Person in whose name the 2032 Senior Series 2017B Notes are registered at the close of business on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or on a Redemption Date as provided herein will be paid to the Person to whom principal is payable. Any So long as an Optional Deferral Period is not occurring, any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders Holders on such Regular Record Date and may either be paid to the Person or Persons in whose name the Series 2017B Notes are 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 the Series 2017B Notes not less than ten (10) days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Series 2017B Notes shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in Section 4.01 of the Original Indenture. Payments of interest on the 2032 Senior Series 2017B Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Series 2017B Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. In the event that any date on which interest is payable on the 2032 Senior Series 2017B Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment of the principal and interest (including Additional Interest) due at the Stated Maturity or earlier redemption of the 2032 Senior Series 2017B Notes shall be made upon surrender of the 2032 Senior Series 2017B Notes at the Corporate Trust Office of the Trustee. The principal of and interest on the 2032 Senior Series 2017B Notes (including Additional Interest) shall be paid 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. Payments of interest (including interest on any Interest Payment DateDate)(including Additional Interest) will be made, subject to such surrender where applicable, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer or other electronic transfer at such place and to such account at a banking institution in the United States as may be designated in writing to the Trustee at least 15 sixteen (16) days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Fifth Supplemental Indenture (Southern Co)

Payment of Principal and Interest. (a) The principal of the 2032 Senior Notes shall be due at Stated Maturity. The unpaid principal amount of the 2032 Senior Notes shall bear interest at the rate of 6.504.125% per year until paid or duly provided for. Interest shall be paid semi-annually in arrears on each Interest Payment Date, commencing June 15February 13, 20032013, to the Person in whose name the 2032 Senior Notes are registered on the Regular Record Date for such Interest Payment Date, provided that interest payable at the Stated Maturity of principal or upon redemption will be paid to the Person to whom principal is payable. Any such interest that is not so punctually paid or duly provided for will forthwith cease to be payable to the holders on such Regular Record Date and may be paid as provided in Section 4.01 2.03 of the Original Indenture. . (b) Payments of interest on the 2032 Senior Notes will include interest accrued to but excluding the respective Interest Payment Dates. Interest payments for the 2032 Senior Notes shall be computed and paid on the basis of a 360-day year consisting of twelve 30-day months. . (c) In the event that any date on which interest is payable on the 2032 Senior Notes is not a Business Day, then a payment of the interest payable on such date will be made on the next succeeding day that is a Business DayDay (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, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the date the payment was originally payable. Payment . (d) All payments of the principal of, and premium, if any, and interest due on the Senior Notes at the Stated Maturity of the 2032 Senior Notes shall or upon redemption will be made upon surrender of the 2032 Senior Notes at the Corporate Trust Office of the Trustee. Trustee in the Borough of Manhattan, The City of New York. (e) The principal of of, and premium, if any, and interest due on the 2032 Senior Notes shall be paid 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. Payments of interest (including interest on any Interest Payment Date) will be made, subject to such surrender where applicableapplicable and subject, in the case of a Global Security, to the Trustee’s arrangements with the Depositary, at the option of the Company, (i) by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register or (ii) by wire transfer at such place and to such account at a banking institution in the United States of America as may be designated in writing to the Trustee at least 15 days prior to the date for payment by the Person entitled thereto.

Appears in 1 contract

Sources: Supplemental Indenture (Metlife Inc)