Common use of Accrual of Interest Clause in Contracts

Accrual of Interest. Each Note (or in the case of the redemption in part only of a Note, such part to be redeemed) will cease to bear interest (if any) from the due 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 (as well after as before judgment) until whichever is the earlier of (i) the day on which all sums due in respect of such Note up to that day are received by or on behalf of the holder of such Note; and (ii) the day on which the Agent has notified the holder thereof (either in accordance with Condition 15 or individually) of receipt of all sums due in respect thereof up to that date.

Accrual of Interest. Each Note (or in the case of the redemption in part only of a Note, such part to be redeemed) will cease to bear interest (if any) from the due 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 (as well after as before judgment) until whichever is the earlier of (i) the day on which all sums due in respect of such Note up to that day are received by or on behalf of the holder of such Note; and (ii) the day on which the Agent has notified the holder thereof (either in accordance with Condition 15 16 or individually) of receipt of all sums due in respect thereof up to that date.

Accrual of Interest. Each Note (or in the case of the redemption in of part only of a Note, that part only of such part Note to be redeemed) will cease to bear interest (if any) from the due date for of its redemption unless, upon due presentation thereof, unless payment of principal is improperly withheld or refused. In such event, interest will continue to accrue (at the rate of interest then applicable or at such other rate as well after as before judgment) may be specified in the applicable Final Terms until whichever is the earlier of (i) the day on which all sums due in respect of such Note up to that day are received by or on behalf of the holder of such Note; and (ii) the day on which the Agent or (in the case of Registered Notes) the Registrar or the Transfer Agent has notified the holder thereof (either in accordance with Condition 15 16 or individually) of receipt of all sums due in respect thereof up to that date.