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Common use of Accrual of Interest Clause in Contracts

Accrual of Interest. Each Note (or in the case of the redemption of part only of a Note, that part only of such Note) will cease to bear interest (if any) from the date for its redemption unless, upon due presentation thereof, payment of principal is improperly withheld or refused. In such event, interest will continue to accrue until whichever is the earlier of: (1) the date on which all amounts due in respect of such Note have been paid; and (2) five days after the date on which the full amount of the moneys payable in respect of such Note has been received by the Principal Paying Agent or the Registrar, as the case may be, and notice to that effect has been given to the Noteholders in accordance with Condition 15.

Appears in 25 contracts

Samples: Announcement and Listing Document, Announcement and Disclaimer, Announcement and Listing Document

Accrual of Interest. Each Note (or in the case of the redemption of part only of a Note, that part only of such Note) will cease to bear interest (if any) from the date for its redemption unless, upon due presentation thereof, unless payment of principal is improperly withheld or refused. In such event, interest will continue to accrue until whichever is the earlier of: (1a) the date on which all amounts due in respect of such Note have been paid; and (2b) five days after the date on which the full amount of the moneys payable in respect of such Note has been received by the Principal Paying Agent or the Registrar, as the case may be, and notice to that effect has been given to the Noteholders in accordance with Condition 1514 (Notices).

Appears in 12 contracts

Samples: Agency Agreement, Supplemental Agency Agreement, Agency Agreement

Accrual of Interest. Each Note (or in the case of the redemption of part only of a Note, that part only of such Note) will cease to bear interest (if any) from the date for its redemption unless, upon due presentation thereof, unless payment of principal is improperly withheld or refused. In such event, interest will continue to accrue until whichever is the earlier of: (1a) the date on which all amounts due in respect of such Note have been paid; and (2b) five days after the date on which the full amount of the moneys payable in respect of such Note has been received by the Principal Paying Fiscal Agent or the Registrar, as the case may be, and notice to that effect has been given to the Noteholders in accordance with Condition 1513.

Appears in 5 contracts

Samples: Agency Agreement (Autoliv Inc), Agency Agreement (Autoliv Inc), Agency Agreement (Autoliv Inc)

Accrual of Interest. Each Note (or in the case of the redemption of part only of a Note, that part only of such Note) will cease to bear interest (if any) from the date for its redemption unless, upon due presentation thereof, payment of principal is improperly withheld or refused. In such event, interest will continue to accrue until whichever is the earlier of: (1) the date on which all amounts due in respect of such Note have been paid; and (2) five days after the date on which the full amount of the moneys payable in respect of such Note Notes has been received by the Principal Paying Agent or the Registrar, as the case may be, and notice to that effect has been given to the Noteholders in accordance with Condition 1514.

Appears in 4 contracts

Samples: Supplemental Agency Agreement, Agency Agreement, Agency Agreement

Accrual of Interest. Each Note (or in the case of the redemption of part only of a Note, that part only of such Note) will cease to bear interest (if any) from the date for its redemption unless, upon due presentation thereof, payment of principal is improperly withheld or refused. In such event, interest will continue to accrue until whichever is the earlier of: (1a) the date on which all amounts due in respect of such Note have been paid; and (2b) five days after the date on which the full amount of the moneys payable in respect of such Note has been received by the Principal Paying Agent or the Registrar, as the case may be, and notice to that effect has been given to the Noteholders in accordance with Condition 1517.

Appears in 4 contracts

Samples: Third Supplemental Agency Agreement, Supplemental Agency Agreement, Agency Agreement

Accrual of Interest. Each Note (or in the case of the redemption of part only of a Note, that part only of such Note) will cease to bear interest (if any) from the date for its redemption unless, upon due presentation thereof, unless payment of principal is improperly withheld or refused. In such event, interest will continue to accrue until whichever is the earlier of: (1) the date on which all amounts due in respect of such Note have been paid; and (2) five days after the date on which the full amount of the moneys payable in respect of such Note has been received by the Principal Paying Agent or the Registrar, as the case may be, and notice to that effect has been given to the Noteholders in accordance with Condition 15.

Appears in 3 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

Accrual of Interest. Each Note (or in the case of the redemption of part only of a Note, that part only of such Note) will cease to bear interest (if any) from the date for its redemption unless, upon due presentation thereof, payment of principal is improperly withheld or refused. In such event, interest will continue to accrue until whichever is the earlier of: (1) : the date on which all amounts due in respect of such Note have been paid; and (2) and five days after the date on which the full amount of the moneys payable in respect of such Note has been received by the Principal Paying Agent or the Registrar, as the case may be, and notice to that effect has been given to the Noteholders in accordance with Condition 1517.

Appears in 3 contracts

Samples: Supplemental Agency Agreement, Supplemental Agency Agreement, Supplemental Agency Agreement

Accrual of Interest. Each Note (or in the case of the redemption of part only of a Note, that part only of such Note) will cease to bear interest (if any) from (but excluding) the date for its redemption unless, upon due presentation thereof, payment of principal is improperly withheld or refused. In such event, interest will continue to accrue until whichever is the earlier of: (1) the date on which all amounts due in respect of such Note have been paid; and (2) five days after the date on which the full amount of the moneys payable in respect of such Note has been received by the Principal Paying Agent or the relevant Registrar, as the case may be, and notice to that effect has been given to the Noteholders in accordance with Condition 1514.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

Accrual of Interest. Each Note (or in the case of the redemption of part only of a Note, that part only of such Note) will cease to bear interest (if any) from the date for its redemption unless, upon due presentation thereof, unless payment of principal is improperly withheld or refused. In such event, interest will continue to accrue until whichever is the earlier of: (1a) the date on which all amounts due in respect of such Note have been paid; and (2b) five days after the date on which the full amount of the moneys payable in respect of such Note has been received by the Principal Paying Agent Fiscal Agent, the Registrar or the RegistrarISD Agent, as the case may be, and notice to that effect has been given to the Noteholders in accordance with Condition 1513.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

Accrual of Interest. Each Note (or in the case of the redemption of part only of a Note, that part only of such Note) will cease to bear interest (if any) from the date for its redemption unless, upon due presentation thereof, unless payment of principal is improperly withheld or refused. In such event, interest will continue to accrue until whichever is the earlier of: (1a) the date on which all amounts due in respect of such Note have been paid; and (2b) five days after the date on which the full amount of the moneys payable in respect of such Note has been received by the Principal Paying Agent or the Registrar, as the case may be, and notice to that effect has been given to the Noteholders in accordance with Condition 15.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

Accrual of Interest. Each Note (or in the case of the redemption of part only of a Note, that part only of such Note) will cease to bear interest (if any) from the date for its redemption unless, upon due presentation thereof, unless payment of principal is improperly withheld or refused. In such event, interest will continue to accrue until whichever is the earlier of: (1a) the date on which all amounts due in respect of such Note have been paid; and (2b) five days after the date on which the full amount of the moneys payable in respect of such Note has been received by the Principal Paying Agent or the Registrar, as the case may be, and notice to that effect has been given to the Noteholders in accordance with Condition 1513.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

Accrual of Interest. Each Note (or in the case of the redemption of part only of a Note, that part only of such Note) will cease to bear interest (if any) from the date for its redemption unless, upon due presentation thereof, payment of principal is improperly withheld or refused. In such event, interest will continue to accrue until whichever is the earlier of: (1A) the date on which all amounts due in respect of such Note have been paid; and (2B) five days after the date on which the full amount of the moneys payable in respect of such Note has been received by the Principal Paying Agent or the relevant Registrar, as the case may be, and notice to that effect has been given to the Noteholders in accordance with Condition 1514 (Notices).

Appears in 1 contract

Samples: Not Specified in the Provided Text

Accrual of Interest. Each Note (or in the case of the redemption of part only of a Note, that part only of such Note) will cease to bear interest (if any) from the date for its redemption unless, upon due presentation thereof, unless payment of principal is improperly withheld or refused. In such event, interest will continue to accrue until whichever is the earlier of: (1a) the date on which all amounts due in respect of such Note have been paid; and (2b) five days after the date on which the full amount of the moneys payable in respect of such Note has been received by the Principal Paying Agent or the Registrar, as the case may be, and notice to that effect has been given to the Noteholders in accordance with Condition 1514.

Appears in 1 contract

Samples: Agency Agreement