Common use of Computation of Interest Clause in Contracts

Computation of Interest. Except as otherwise specified pursuant to Section 3.01 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 32 contracts

Samples: Indenture (Genesee & Wyoming Inc), Senior Debt Indenture (Calgon Carbon Corporation), Senior Debt Indenture (MOB Corp)

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Computation of Interest. Except as otherwise specified pursuant to Section 3.01 3.1 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 20 contracts

Samples: Indenture (Nicolet Bankshares Inc), Indenture (Heritage Financial Group Inc), Indenture (Reinsurance Group of America Inc)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 3.1 for Debt Securities of any particular series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 7 contracts

Samples: Indenture (American Financial Group Inc), Indenture (American Annuity Group Inc), Indenture (American Financial Group Inc)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 301 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 6 contracts

Samples: Indenture (Wejo Group LTD), Indenture (Brickell Biotech, Inc.), Indenture (Wells Fargo Finance LLC)

Computation of Interest. Except as otherwise specified pursuant to Section 3.01 2.03 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 5 contracts

Samples: Subordinated Indenture (CVS HEALTH Corp), Subordinated Indenture (CVS Caremark Corp), Senior Indenture (CVS Corp)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 2.01 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of comprising twelve 30-day months.

Appears in 5 contracts

Samples: Indenture (Energy Transfer LP), Indenture (Energy Transfer LP), Indenture (Energy Transfer Partners, L.P.)

Computation of Interest. Except as Unless otherwise specified pursuant to Section 3.01 for provided in the Certified Resolution or one or more indentures supplemental hereto setting forth the terms on any series of Debt Securities of any seriesSecurities, interest on the Debt Securities of each such series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 5 contracts

Samples: Indenture (Cooper Industries, Ltd.), Indenture Agreement (Cooper Industries LTD), Indenture Agreement (Cooper Crouse-Hinds, LLC)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 301 for Debt Securities of any series, or any Tranche thereof, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year consisting of twelve 30-day monthsmonths and on the basis of the actual number of days elapsed within any month in relation to the deemed 30 days of such month.

Appears in 4 contracts

Samples: Indenture (Progress Energy Inc), Indenture (For Debt Securities) (Carolina Power & Light Co), Indenture (Cp&l Energy Inc)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 301 for Debt Securities of any particular series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 3 contracts

Samples: Indenture (Chiquita Brands International Inc), Indenture (Chiquita Brands International Inc), Indenture (Chiquita Brands International Inc)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 301 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 3 contracts

Samples: Indenture (Countrywide Home Loans Inc), Indenture (Nationwide Health Properties Inc), Indenture (Countrywide Home Loans Inc)

Computation of Interest. Except as otherwise specified pursuant to Section 3.01 for Debt Securities of any series, any interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of 360 days of twelve 30-day months.

Appears in 3 contracts

Samples: Indenture (Unilever N V), Indenture (Unilever United States Inc), Indenture (Unilever PLC)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 for Debt Securities of any series, or any Tranche thereof, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year consisting of twelve 30-day monthsmonths and on the basis of the actual number of days elapsed within any month in relation to the deemed 30 days of such month.

Appears in 2 contracts

Samples: Indenture (Pebblebrook Hotel Trust), Indenture (Devon Energy Corp/De)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 2.01 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

Appears in 2 contracts

Samples: Indenture (Kinetik Holdings LP), Indenture (Targa Resources Corp.)

Computation of Interest. Except as otherwise specified pursuant to Section 3.01 for Subordinated Debt Securities of any series, payments of interest on the Subordinated Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 2 contracts

Samples: Indenture Agreement (Lloyds TSB Bank PLC), Indenture (Royal Bank of Scotland Group PLC)

Computation of Interest. Except as otherwise specified pursuant to Section 3.01 for Debt Securities of any series, interest Interest on the Debt Securities of each series shall be computed on the basis of a 360-day year consisting of twelve 30-day months12 months of 30 days each and, in the case of an incomplete month, the number of days actually elapsed.

Appears in 2 contracts

Samples: Indenture (Multicanal Sa), Indenture (Multicanal Sa)

Computation of Interest. Except as otherwise specified pursuant to Section 3.01 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 2 contracts

Samples: Subordinated Debt Indenture (Calgon Carbon Corporation), Subordinated Debt Indenture (MOB Corp)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 for Debt Securities Bonds of any series, or any Tranche thereof, interest (if any) on the Debt Securities Bonds of each series shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

Appears in 2 contracts

Samples: Open End Mortgage, General Mortgage Indenture and Deed of Trust (Vistra Corp.), Open End Mortgage, General Mortgage Indenture and Deed of Trust (Vistra Corp.)

Computation of Interest. Except as otherwise specified pursuant to Section 3.01 for Senior Debt Securities of any series, payments of interest on the Senior Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 2 contracts

Samples: Indenture Agreement (Lloyds TSB Bank PLC), Indenture (Royal Bank of Scotland Group PLC)

Computation of Interest. Except as otherwise specified pursuant to Section 3.01 3.1 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day monthsmonths (unless otherwise specified).

Appears in 1 contract

Samples: Senior Secured Indenture (Ralcorp Holdings Inc /Mo)

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Computation of Interest. Except as otherwise specified pursuant to Section 3.01 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months. Section 1. k Currency of Payments in Respect of Securities.

Appears in 1 contract

Samples: Indenture (Portland General Electric Co /Or/)

Computation of Interest. Except as otherwise specified pursuant to Section 3.01 for Debt Securities of any series, interest on the Debt Securities securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Hubbell Inc)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 301 for the Debt Securities of any series, interest interest, if any, on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months." 7. Subclauses (2) and (3) of Section 501 of the Indenture are hereby amended in their entirety to read as follows:

Appears in 1 contract

Samples: Indenture (CPC International Inc)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 for Debt Securities of any series, or any Tranche thereof, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Devon Financing Trust Ii)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 2.01 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Mercer International Inc.)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 3.1 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Sovereign Capital Trust V)

Computation of Interest. Except as Unless otherwise specified pursuant to Section 3.01 for Debt Securities provided in the Board Resolution or one or more indentures supplemental hereto setting forth the terms of any seriesSeries of Debt Securities, interest on the Debt Securities of each series such Series shall be computed on the basis of a 360-day three hundred sixty (360)-day year consisting of twelve 30-day (12) thirty (30)-day months.

Appears in 1 contract

Samples: Indenture (Coca-Cola Consolidated, Inc.)

Computation of Interest. Except as otherwise specified pursuant to Section 3.01 as contemplated by ‎Section 301 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Loews Corp)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 301 for Convertible Debt Securities of any series, interest on the Convertible Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Indenture Agreement (Fidelity National Financial Inc /De/)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Limited Brands Inc)

Computation of Interest. Except as Unless otherwise specified pursuant to Section 3.01 for Debt Securities provided in the Board Resolution or one or more indentures supplemental hereto setting forth the terms of any seriesSeries of Debt Securities, interest on the Debt Securities of each series such Series shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Nucor Corp)

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