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Common use of Shortening of Stated Maturity Clause in Contracts

Shortening of Stated Maturity. The Company shall have the right to shorten the Stated Maturity of the principal of the Securities at any time to any date not earlier than the first date on which the Company has the right to redeem the Securities.

Appears in 3 contracts

Sources: Junior Subordinated Indenture (First Interstate Bancsystem of Montana Inc), Junior Subordinated Indenture (Fib Capital Trust), Junior Subordinated Indenture (Fib Capital Trust)

Related Clauses

  • Stated Maturity
  • Extension of the Maturity Date
  • Final Maturity
  • Extension of Maturity
  • Discharge Prior to Redemption or Maturity

Parent Clauses

  • The Securities
  • Non-Business Days
  • Satisfaction and Discharge of Indenture
  • SATISFACTION AND DISCHARGE
  • Events of Default.........................................

Sub-Clauses

  • Acceleration of Maturity; Rescission and Annulment
  • Satisfaction and Discharge of Indenture
  • Application of Trust Money
  • Money Held in Trust
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