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. Every Note shall be dated the date of its authentication, and shall bear interest from the applicable date and accrued interest shall be payable semiannually on May 15 and November 15, of each year, commencing May 15, 2002 as specified on the face of the form of Note, attached as Exhibit A hereto. The person in whose name any Note (or its Predecessor Note) is registered at the close of business on any record date with respect to any interest payment date (including any Note that is converted after the record date and on or before the interest payment date) shall be entitled to receive (subject to the provisions of Section 15.2) the interest payable on such interest payment date notwithstanding the cancellation of such Note upon any transfer, exchange or conversion subsequent to the record date and on or prior to such interest payment date; PROVIDED that, in the case of any Note, or portion thereof, called for redemption pursuant to Article III on a redemption date, or repurchased by the Company pursuant to Article XVI on a repurchase date, during the period from the close of business on the record date to the close of business on the Business Day next preceding the following interest payment date, interest shall not be paid to the person in whose name the Note,

Appears in 1 contract

Samples: Indenture (Sepracor Inc /De/)

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. Every Note shall be dated the date of its authentication, and shall bear interest from the applicable date and accrued interest shall be payable semiannually on May 15 February 1 and November 15, of each yearAugust 1, commencing May 15August 1, 2002 2000, as specified on the face of the form of Note, Note attached as Exhibit A hereto. --------- The person in whose name any Note (or its Predecessor Note) is registered at the close of business on any record date with respect to any interest payment date (including any Note that is converted after the record date and on or before the interest payment date) shall be entitled to receive (subject to the provisions of Section 15.2) the interest payable on such interest payment date notwithstanding the cancellation of such Note upon any transfer, exchange or conversion subsequent to the record date and on or prior to such interest payment date; PROVIDED provided that, in the case of any -------- Note, or portion thereof, called for redemption pursuant to Article III on a redemption date, or repurchased by the Company pursuant to Article XVI on a repurchase date, during the period from the close of business on the record date to the close of business on the Business Day next preceding the following interest payment date, interest shall not be paid to the person in whose name the Note,, or portion thereof, is registered on the close of business on such record date, and the Company shall have no obligation to pay interest

Appears in 1 contract

Samples: Indenture (E Trade Group 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. Every Note shall be dated the date of its authentication, and shall bear interest from the applicable date and accrued interest shall be payable in cash semiannually on May 15 March 1 and November 15September 1, of each year, commencing May 15March 1, 2002 2004 as specified on the face of the form of Note, attached as Exhibit A hereto. The person in whose name any Note (or its Predecessor Note) is registered at the close of business on any record date with respect to any interest payment date (including any Note that is converted after the record date and on or before the interest payment date) shall be entitled to receive (subject to the provisions of Section 15.2) the interest payable on such interest payment date notwithstanding the cancellation of such Note upon any transfer, exchange or conversion subsequent to the record date and on or prior to such interest payment date; PROVIDED provided that, in the case of any Note, or portion thereof, called for redemption pursuant to Article III on a redemption date, or repurchased by the Company pursuant to Article XVI or Article XVII on a repurchase date, during the period from the close of business on the record date to the close of business on the Business Day next preceding the following interest payment date, interest shall not be paid to the person in whose name the Note,, or portion thereof, is registered on the close of business on such record date, and the Company shall have no obligation to pay interest on such Note or portion thereof except to

Appears in 1 contract

Samples: Indenture (Alkermes 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. Every Note shall be dated the date of its authentication, authentication and shall bear interest from the applicable date and accrued interest shall be payable semiannually on May 15 and November 15, of in each year, commencing May 15, 2002 case as specified on the face of the form of Note, Note attached as Exhibit A hereto. Interest on the Notes shall be computed on the basis of a 360-day year comprised of twelve (12) 30-day months. The person Person in whose name any Note (or its Predecessor Note) is registered on the Note register at the close of business on any record date with respect to any interest payment date (including any Note that is converted after the record date and on or before the interest payment date) shall be entitled to receive (subject to the provisions of Section 15.2) the interest payable on such interest payment date, except (i) that the interest payable upon redemption (unless the date notwithstanding the cancellation of such Note upon any transfer, exchange or conversion subsequent to the record date and on or prior to such redemption is an interest payment date; PROVIDED that, ) will be payable to the Person to whom principal is payable and (ii) as set forth in the next succeeding sentence. In the case of any Note, Note (or portion thereof, called for redemption pursuant to Article III on a redemption date, or repurchased by the Company pursuant to Article XVI on a repurchase date, ) that is converted into Common Stock during the period from the close of business on the (but excluding) a record date to (but excluding) the close of business on the Business Day next preceding the following succeeding interest payment datedate either (x) if such Note (or portion thereof) has been called for redemption on a redemption date which occurs during such period, interest or is to be redeemed in connection with a Fundamental Change on a Repurchase Date (as defined in Section 3.5) that occurs during such period, the Company shall not be paid required to pay interest on such interest payment date in respect of any such Note (or portion thereof) except to the person in whose name the Note,extent required to be paid upon redemption of such Note or portion thereof pursuant to Section 3.3 or 3.5 hereof or (y) if such Note (or portion thereof) has not been called for redemption on a redemption date that occurs during such period and is not to be

Appears in 1 contract

Samples: Indenture (Conexant Systems 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. Every Note shall be dated the date of its authentication, and shall bear interest from the applicable date and accrued interest shall be payable semiannually on May 15 February 1 and November 15, of each yearAugust 1, commencing May 15August 1, 2002 2000, as specified on the face of the form of Note, Note attached as Exhibit A hereto. --------- The person in whose name any Note (or its Predecessor Note) is registered at the close of business on any record date with respect to any interest payment date (including any Note that is converted after the record date and on or before the interest payment date) shall be entitled to receive (subject to the provisions of Section 15.2) the interest payable on such interest payment date notwithstanding the cancellation of such Note upon any transfer, exchange or conversion subsequent to the record date and on or prior to such interest payment date; PROVIDED provided that, in the case of any -------- Note, or portion thereof, called for redemption pursuant to Article III on a redemption date, or repurchased by the Company pursuant to Article XVI on a repurchase date, during the period from the close of business on the record date to the close of business on the Business Day next preceding the following interest payment date, interest shall not be paid to the person in whose name the Note,, or portion thereof, is registered on the close of business on such record date, and the Company shall have no obligation to pay interest

Appears in 1 contract

Samples: Indenture (E Trade Group 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. Every Note shall be dated the date of its authentication, authentication and shall bear interest from the applicable date and accrued interest shall be payable semiannually on May 15 and November 15, of in each year, commencing May 15, 2002 case as specified on the face of the form of Note, Note attached as Exhibit A hereto. Interest on the Notes shall be computed on the basis of a 360-day year comprised of twelve (12) 30-day months. The person Person in whose name any Note (or its Predecessor Note) is registered on the Note register at the close of business on any record date with respect to any interest payment date (including any Note that is converted after the record date and on or before the interest payment date) shall be entitled to receive (subject to the provisions of Section 15.2) the interest payable on such interest payment date, except (i) that the interest payable upon redemption (unless the date notwithstanding the cancellation of such Note upon any transfer, exchange or conversion subsequent to the record date and on or prior to such redemption is an interest payment date; PROVIDED that, ) will be payable to the Person to whom principal is payable and (ii) as set forth in the next succeeding sentence. In the case of any Note, Note (or portion thereof, called for redemption pursuant to Article III on a redemption date, or repurchased by the Company pursuant to Article XVI on a repurchase date, ) that is converted during the period from the close of business on the (but excluding) a record date to (but excluding) the close of business on the Business Day next preceding the following succeeding interest payment datedate either (x) if such Note (or portion thereof) has been called for redemption on a redemption date which occurs during such period, interest shall not or is to be paid to the person redeemed in whose name the Note,connection with a Fundamental Change on a Repurchase Date (as

Appears in 1 contract

Samples: Indenture (Riverstone Networks Inc)

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