Common use of Date and Denomination of Notes; Payments of Interest Clause in Contracts

Date and Denomination of Notes; Payments of Interest. The Notes shall be issuable in registered form without coupons in denominations of $1,000 principal amount and integral multiples thereof. Each Note shall be dated the date of its authentication and shall bear interest from the date specified on the face of the form of Note attached as Exhibit A hereto. Interest on the Notes shall be computed on the basis of a 360-day year comprised of twelve 30-day months. The Person in whose name any Note (or its predecessor security) is registered on the Note Register at the close of business on any Interest Record Date with respect to any Interest Payment Date shall be entitled to receive the interest payable on such Interest Payment Date. Interest shall be payable at the office or agency of the Company maintained by the Company for such purposes in the United States, which shall initially be the office of the Paying Agent at The Bank of New York Trust Company, N.A., 0 X. XxXxxxx Street, Suite 1020, Chicago, IL 60602, Attention: Corporate Trust Administration. The Company shall pay interest (a) on any Notes in certificated form by check mailed to the address of the Person entitled thereto as it appears in the Note Register (or upon written application by such Person to the Trustee and Paying Agent (if different from the Trustee) not later than the relevant Interest Record Date, by wire transfer in immediately available funds to such Person’s account within the United States, if such Person is entitled to interest on an aggregate principal in excess of $1,000,000, which application shall remain in effect until the Noteholder notifies the Trustee and Paying Agent to the contrary) or (b) on any Global Note by wire transfer of immediately available funds to the account of the Depositary or its nominee.

Appears in 2 contracts

Samples: Supplemental Indenture (Energy Conversion Devices Inc), Supplemental Indenture (Energy Conversion Devices Inc)

AutoNDA by SimpleDocs

Date and Denomination of Notes; Payments of Interest. The Notes shall be issuable in registered form without coupons in denominations of $1,000 principal amount and integral multiples thereof. Each Note shall be dated the date of its authentication and shall bear interest from the date specified on the face of the form of Note attached as Exhibit A hereto. Interest on the Notes shall be computed on the basis of a 360-day year comprised of twelve 30-day months. The Person in whose name any Note (or its predecessor security) is registered on the Note Register at the close of business on any Interest Record Date with respect to any Interest Payment Date shall be entitled to receive the interest payable on such Interest Payment Date. Interest shall be payable at the office or agency of the Company maintained by the Company for such purposes in the United States, which shall initially be the office of the Paying Agent Trustee at The Bank of New York Trust Company000 Xxxxxx Xxxxxx, N.A.Xxxxxxxx, 0 X. XxXxxxx Street, Suite 1020, Chicago, IL 60602, Attention: Corporate Trust AdministrationXX 00000. The Company shall pay interest (a) on any Notes in certificated form by check mailed to the address of the Person entitled thereto as it appears in the Note Register (or upon written application by such Person to the Trustee and Paying Agent (if different from the Trustee) not later than the relevant Interest Record Date, by wire transfer in immediately available funds to such Person’s account within the United States, if such Person is entitled to interest on an aggregate principal in excess of $1,000,000, which application shall remain in effect until the Noteholder notifies the Trustee and Paying Agent to the contrary) or (b) on any Global Note by wire transfer of immediately available funds to the account of the Depositary or its nominee.

Appears in 2 contracts

Samples: Supplemental Indenture (Bristow Group Inc), Supplemental Indenture (Bristow Group Inc)

Date and Denomination of Notes; Payments of Interest. (a) The Notes shall be issuable in registered form without coupons in minimum denominations of $1,000 2,000 principal amount and integral multiples thereofof $1,000 thereafter. Each Note shall be dated the date of its authentication and shall bear interest from the date specified on the face of the form of Note attached as Exhibit A hereto. Interest Accrued interest on the Notes shall be computed on the basis of a 360-day year comprised composed of twelve 30-day months. . (b) The Person in whose name any Note (or its predecessor securityPredecessor Note) is registered on the Note Register at the close of business on any Interest Regular Record Date with respect to any Interest Payment Date shall be entitled to receive the interest payable on such Interest Payment Date. Interest shall be payable at the office or agency of the Company maintained by the Company for such purposes in the United Statespurposes, which shall initially be the office of the Paying Agent at The Bank of New York Trust Company, N.A., 0 X. XxXxxxx Street, Suite 1020, Chicago, IL 60602, Attention: Corporate Trust AdministrationOffice. The Company shall pay interest (ai) on any Physical Notes in certificated form (A) to Holders having an aggregate principal amount of $5,000,000 or less, by check mailed to the Holders of these Notes at their address of the Person entitled thereto as it appears in the Note Register and (B) to Holders having an aggregate principal amount of more than $5,000,000, either by check mailed to the Holders of these Notes or upon written application by such Person a Holder to the Trustee and Paying Agent (if different from the Trustee) Note Registrar not later than the relevant Interest Regular Record Date, by wire transfer in immediately available funds to such Personthat Holder’s account within the United States, if such Person is entitled to interest on an aggregate principal in excess of $1,000,000, which application shall remain in effect until the Noteholder notifies Holder notifies, in writing, the Trustee and Paying Agent Note Registrar to the contrary) contrary or (bii) on any Global Note by wire transfer of immediately available funds to the account of the Depositary or its nominee.

Appears in 1 contract

Samples: Indenture (Altra Holdings, Inc.)

Date and Denomination of Notes; Payments of Interest. The Notes shall be issuable in registered form without coupons in denominations of $1,000 principal amount and integral multiples thereof. Each Note shall be dated the date of its authentication and shall bear interest from the date specified on the face of the form of Note attached as Exhibit A hereto. Interest on the Notes shall be computed on the basis of a 360-day year comprised of twelve 30-day months. The Person in whose name any Note (or its predecessor securityPredecessor Security) is registered on the Note Register at the close of business on any Interest Record Date with respect to any Interest Payment Date shall be entitled to receive the interest payable on such Interest Payment Date. Interest (including Additional Interest, if any) shall be payable at the office or agency of the Company maintained by the Company for such purposes in the United States, which shall initially be the office of the Paying Agent at The Bank of New York Trust Company, N.A., 0 X. XxXxxxx Street, Suite 1020, Chicago, IL 60602, Attention: Corporate Trust AdministrationServices, MAC N9303-121, Corporate Trust Services, North Star East – 12th floor, 600 - 0xx Xxxxxx Xxxxx, Xxxxxxxxxxx, XX 00000. The Company shall pay interest (including Additional Interest, if any) (a) on any Notes in certificated form by check mailed to the address of the Person entitled thereto as it appears in the Note Register (or upon written application by such Person to the Trustee and Paying Agent (if different from the Trustee) not later than the relevant Interest Record Date, by wire transfer in immediately available funds to such Person’s account within the United States, if such Person is entitled to interest on an aggregate principal in excess of $1,000,000, which application shall remain in effect until the Noteholder notifies the Trustee and Paying Agent to the contrary) or (b) on any Global Note by wire transfer of immediately available funds to the account of the Depositary or its nominee.

Appears in 1 contract

Samples: First Supplemental Indenture (Champion Enterprises Inc)

AutoNDA by SimpleDocs

Date and Denomination of Notes; Payments of Interest. The Notes shall be issuable in registered form without coupons in denominations of $1,000 principal amount and integral multiples thereof. Each Note shall be dated the date of its authentication and shall bear interest from the date specified on the face of the form of Note attached as Exhibit A hereto. Interest on the Notes shall be computed on the basis of a 360-day year comprised of twelve 30-day months. The Person in whose name any Note (or its predecessor security) is registered on the Note Register at the close of business on any Interest Record Date with respect to any Interest Payment Date shall be entitled to receive the interest payable on such Interest Payment Date. Interest shall be payable at the office or agency of the Company maintained by the Company for such purposes in the United States, which shall initially be the office of the Paying Agent at The Bank of New York Trust CompanySixth and Marquette, N.A.Mxxxxxxxxxx, 0 X. XxXxxxx Street, Suite 1020, Chicago, IL 60602, Attention: Corporate Trust AdministrationXX 00000. The Company shall pay interest (a) on any Notes in certificated form by check mailed to the address of the Person entitled thereto as it appears in the Note Register (or upon written application by such Person to the Trustee and Paying Agent (if different from the Trustee) not later than the relevant Interest Record Date, by wire transfer in immediately available funds to such Person’s account within the United States, if such Person is entitled to interest on an aggregate principal in excess of $1,000,000, which application shall remain in effect until the Noteholder notifies the Trustee and Paying Agent to the contrary) or (b) on any Global Note by wire transfer of immediately available funds to the account of the Depositary or its nominee.

Appears in 1 contract

Samples: Supplemental Indenture (Pioneer Natural Resources Co)

Date and Denomination of Notes; Payments of Interest. The Notes shall be issuable in registered form without coupons in minimum denominations of $1,000 principal amount and in integral multiples of $1,000 in excess thereof. Each Note shall be dated the date of its authentication and shall bear interest from the date specified on the face of the form of Note attached as Exhibit A hereto. Interest (including Additional Interest, if any) on the Notes shall be computed on the basis of a 360-day year comprised of twelve 30-day months. The Person in whose name any Note (or its predecessor securityPredecessor Note) is registered on the Note Register at the close Close of business Business on any Interest Record Date with respect to any Interest Payment Date shall be entitled to receive the interest (including Additional Interest, if any) payable on such Interest Payment Date. Interest shall on the Notes (other than Notes that are Global Notes), including Additional Interest, if any, will be payable at the office or agency (i) to Holders of the Company maintained by the Company for such purposes in the United StatesNotes having an aggregate principal amount of Notes of $5,000,000 or less, which shall initially be the office of the Paying Agent at The Bank of New York Trust Company, N.A., 0 X. XxXxxxx Street, Suite 1020, Chicago, IL 60602, Attention: Corporate Trust Administration. The Company shall pay interest (a) on any Notes in certificated form by check mailed to the Holders of these Notes at their address of the Person entitled thereto as it appears in the Note Register and (or ii) to Holders having an aggregate principal amount of Notes in excess of $5,000,000, either by check mailed to each Holder at its address in the Note Register or, upon written application by such Person a Holder to the Trustee and Paying Agent (if different from the Trustee) Registrar not later than the relevant Interest Record Date, by wire transfer in immediately available funds to such Personthat Holder’s account within the United States, if such Person is entitled to interest on an aggregate principal in excess of $1,000,000, which application shall remain in effect until that Holder notifies, in writing, the Noteholder notifies the Trustee and Paying Agent Registrar to the contrary) or (b) on any Global Note by wire transfer of immediately available funds to the account of the Depositary or its nominee.

Appears in 1 contract

Samples: Indenture (Ual Corp /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!