Common use of Shortening of Stated Maturity Clause in Contracts

Shortening of Stated Maturity. If specified as contemplated by Section 2.1 or Section 3.1 with respect to the Securities of any series, the Company shall have the right to shorten the Stated Maturity of the principal of the Securities of such series at any time to any date not earlier than the first date on which the Company has the right to redeem the Securities of such series; provided, however, that the shortened date must fall on an Interest Payment Date. In the event that the Company elects to shorten the Stated Maturity of the Securities of any series, it shall give notice to the Trustee, and the Trustee shall give notice of such shortening to the Holders of such Securities no less than 60 days prior to the effectiveness thereof.

Shortening of Stated Maturity. If specified as contemplated by Section 2.1 or Section 3.1 with respect to the Securities of any a particular series, the Company shall have the right to shorten the Stated Maturity of the principal of the Securities of such series at any time to any date not earlier than the first date on which the Company has the right to redeem the Securities of such series; provided, however, that the shortened date must fall on an Interest Payment Date. In the event that the Company elects to shorten the Stated Maturity of the Securities of any seriesSecurities, it shall give written notice to the TrusteeTrustee (which shall allow sufficient time to the Trustee to comply with the notice requirement thereof), and the Trustee shall give notice of such shortening to the Holders of such Securities Holders, no less than 30 and no more than 60 days prior to the effectiveness thereof.

Shortening of Stated Maturity. If specified as contemplated by Section 2.1 or Section 3.1 with respect to the Securities of any a particular series, the Company shall have the right to shorten the Stated Maturity of the principal of the Securities of such series at any time to any date not earlier than the first date on which the Company has the right to redeem the Securities of such series; provided, however, that the shortened date must fall on an Interest Payment Date. In the event that the Company elects to shorten the Stated Maturity of the Securities of any seriesJunior Subordinated Debentures, it shall give notice to the Indenture Trustee, and the Indenture Trustee shall give notice of such shortening to the Holders holders of such the Securities no less than 60 days prior to the effectiveness thereof.