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 February 1 and August 1, commencing August 1, 2000, 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 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, 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)

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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 February 1 and August 1, commencing August 1, 2000, in each case as 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 (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 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 the person pay interest on such interest payment date in whose name the Note, respect of any such Note (or portion thereof, ) except to the 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 registered on the close of business on such record date, and the Company shall have no obligation not to pay interestbe

Appears in 1 contract

Samples: Indenture (Conexant Systems 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 February 1 semiannually on May 15 and August 1November 15, of each year, commencing August 1May 15, 2000, 2002 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 (Sepracor Inc /De/)

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 February 1 and August 1, commencing August 1, 2000, 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 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, 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)

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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 February in cash semiannually on March 1 and August September 1, of each year, commencing August March 1, 2000, 2004 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 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 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 interestinterest 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 February 1 and August 1, commencing August 1, 2000, in each case as 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 (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 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 date, interest shall not be paid to the person in whose name the Note, date either (x) if such Note (or portion thereof) has been called for redemption on a redemption date which occurs during such period, or is registered to be redeemed in connection with a Fundamental Change on the close of business on such record date, and the Company shall have no obligation to pay interesta Repurchase Date (as

Appears in 1 contract

Samples: Indenture (Riverstone Networks Inc)

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