Citazione:
Originalmente inviato da ironblade79
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ciao,
molti industriali-energetici sono misti , cumulativo - non cumulativo a seconda delle circostanze
Vattenfall e' cumulativo in caso di Sospensione volontaria della cedola, in caso di sospensione obbligatoria diventa non cumulativo
Cumulative Optional Interest Deferral:
On any Interest Payment Date which is neither a Compulsory
Interest Payment Date nor a Mandatory Non-Payment Date (such date
an Optional Interest Payment Date), the Issuer may elect to defer (in
whole or in part) any interest payment which would be due in respect of
the Capital Securities.
Any interest in respect of any Capital Security not paid on an Optional
Interest P
ayment Date shall constitute Deferred Interest. Deferred
Interest will accumulate until paid on the next date following the
relevant Optional Interest Payment Date on which:
Mandatory Non-Payment Date:
Any Interest Payment Date on which a Mandatory Non-Payment
Event occurs or is continuing.
Mandatory Non-Payment of Interest:
The Issuer shall not pay any interest on any Mandatory Non
Payment Date. Any such interest on the Capital Securities not paid shall
not constitute Deferred Interest and shall cease to be due and payable
by the Issuer. For a period of twelve months after such Mandatory
Non-Payment Date, the Guarantor (to the fullest extent permitted by
any applicable laws):
