Cessation of Interest. Each Note will cease to bear interest from the due date for final redemption unless, upon due surrender of the relevant Note, payment of principal is improperly withheld or refused. In such case it will continue to bear interest at such rate (after as well 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 relevant Noteholder and (ii) the day which is seven days after the Fiscal Agent has notified the Noteholders that it has received all sums due in respect of the Notes up to such seventh day (except to the extent that there is any subsequent default in payment) in accordance with Condition 16 (Notices).
Cessation of Interest. The Fund Credit of a contributor who has left the Industry after 28 February 2007 shall continue to accumulate interest at the same rate as the Fund until either the Fund Credit is paid or the funds are transferred into the unclaimed benefits’ account in terms of sub-clause (7).
Cessation of Interest. Each Note shall cease to bear interest and interest shall become payable (i) in the case where a Noteholder has exercised its Conversion Right for that Note pursuant to Condition 8 (Conversion Rights), from the Conversion Date applicable to that exercise; or (ii) in the case where that Note is redeemed pursuant to Condition 10(a) (Redemption at the Option of the Issuer) or Condition 13 (Events of Default), from the due date for redemption thereof unless payment of principal is improperly withheld or refused, in which case interest will continue to accrue at a rate which is 2.5 per cent. higher than the Cash Interest Rate (both before and after judgment) until the day on which all sums due in respect of that Note up to that day are received by or on behalf of that Noteholder.
Cessation of Interest. The Fund credit of a contributor who has left the Industry shall continue to accumulate interest for a maximum period of one year at the same rate as the Fund.
Cessation of Interest. A Member shall automatically cease to be a Member upon Transfer of all of such Member’s Membership Interests in accordance with this Agreement and the removal of such Member’s name from the Register of Members. Immediately upon any such Transfer, the Company shall cause such Member’s name to be removed from the Register of Members.
Cessation of Interest. Each Advance (or in the case of a repayment of part only of a Loan Facility, that part only of such Loan Facility) shall cease to bear interest from its due date for repayment or prepayment in accordance with Clause 6 (Repayment, Cancellation and Prepayment) unless payment of the principal is improperly withheld or refused, in which case it will continue to bear interest in accordance with this Clause 5 (both before and after judgment) until the day on which all sums due in respect of the corresponding Notes have been repaid to the Noteholders by or on behalf of the Loan Facility Provider.
