Common use of Denominations and Interest Payments Clause in Contracts

Denominations and Interest Payments. The Securities shall be issuable as registered Securities in denominations of €100,000 and in integral multiples of €1,000 and any integral multiple thereof, unless otherwise established pursuant to Section 2.03 for such Securities. The principal of and the interest on the Securities of any series, as well as any premium thereon in case of redemption thereof prior to maturity, shall be payable in the currency in which such Securities are denominated. The Securities of each series shall bear interest, if any, from the date, and such interest and shall be payable on the dates, established pursuant to Section 2.03 for the Securities of such series. The Person in whose name any Security of any series is registered at the close of business on any record date applicable to the particular series with respect to any Interest Payment Date for such series shall be entitled to receive the interest, if any, payable on such Interest Payment Date notwithstanding any transfer or exchange of such Security subsequent to the record date and prior to such Interest Payment Date, except to any extent the Issuer shall default in the payment of such interest, in which case the provisions of Section 2.14 shall apply. The term “record date” as used with respect to any Interest Payment Date (except a date for payment of defaulted interest) for any Security shall mean the date specified as such in the terms of such securities of any particular series established pursuant to Section 2.03, or, if no such date is so established, the fifteenth day next preceding such Interest Payment Date, whether or not such record date is a Business Day. Each installment of interest on the Securities of any series may be paid by wire transfer directly to Holders in accordance with their registered instructions. Except as otherwise established pursuant to Section 2.03 for the Securities of any series, interest on the Securities of each series shall be calculated on the basis of a 360-day year consisting of twelve months of 30 days each and, in the case of an incomplete month, the actual number of days elapsed.

Appears in 2 contracts

Samples: Supplemental Indenture (LKQ Corp), Supplemental Indenture (Keystone Automotive Operations Inc)

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Denominations and Interest Payments. The Securities shall be issuable as registered Securities in denominations of €100,000 and in integral multiples of EUR 1,000 and any integral multiple thereof, unless otherwise established pursuant to Section 2.03 for such Securities. The principal of and the interest on the Securities of any series, as well as any premium thereon in case of redemption thereof prior to maturity, shall be payable in the currency in which such Securities are denominated. The Securities of each series shall bear interest, if any, from the date, and such interest and shall be payable on the dates, established pursuant to Section 2.03 for the Securities of such series. The Person in whose name any Security of any series is registered at the close of business on any record date applicable to the particular series with respect to any Interest Payment Date interest payment date for such series shall be entitled to receive the interest, if any, payable on such Interest Payment Date interest payment date notwithstanding any transfer or exchange of such Security subsequent to the record date and prior to such Interest Payment Dateinterest payment date, except to any extent the Issuer Company shall default in the payment of such interest, in which case the provisions of Section 2.14 2.12 shall apply. The term “record date” as used with respect to any Interest Payment Date interest payment date (except a date for payment of defaulted interest) for any Security shall mean the date specified as such in the terms of such securities of any particular series established pursuant to Section 2.03, or, if no such date is so established, the fifteenth day next preceding such Interest Payment Dateinterest payment date, whether or not such record date is a Business Day. Each installment of interest on the Securities of any series may be paid by wire transfer directly to Holders in accordance with their registered instructions. Except as otherwise established pursuant to Section 2.03 for the Securities of any series, interest on the Securities of each series shall be calculated on the basis of a 360-day year consisting of twelve months of 30 days each and, in the case of an incomplete month, the actual number of days elapsed.

Appears in 1 contract

Samples: Indenture (Becton Dickinson Euro Finance S.a. r.l.)

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Denominations and Interest Payments. The Securities shall be issuable as registered Securities in denominations of €100,000 $2,000 and in integral multiples of $1,000 and any integral multiple thereof, unless otherwise established pursuant to Section 2.03 for such Securities. The principal of and the interest on the Securities of any series, as well as any premium thereon in case of redemption thereof prior to maturity, shall be payable in the currency in which such Securities are denominated. The Securities of each series shall bear interest, if any, from the date, and such interest and shall be payable on the dates, established pursuant to Section 2.03 for the Securities of such series. The Person in whose name any Security of any series is registered at the close of business on any record date applicable to the particular series with respect to any Interest Payment Date for such series shall be entitled to receive the interest, if any, payable on such Interest Payment Date notwithstanding any transfer or exchange of such Security subsequent to the record date and prior to such Interest Payment Date, except to any extent the Issuer shall default in the payment of such interest, in which case the provisions of Section 2.14 shall apply. The term “record date” as used with respect to any Interest Payment Date (except a date for payment of defaulted interest) for any Security shall mean the date specified as such in the terms of such securities of any particular series established pursuant to Section 2.03, or, if no such date is so established, the fifteenth day next preceding such Interest Payment Date, whether or not such record date is a Business Day. Each installment of interest on the Securities of any series may be paid by wire transfer directly to Holders in accordance with their registered instructions. Except as otherwise established pursuant to Section 2.03 for the Securities of any series, interest on the Securities of each series shall be calculated on the basis of a 360-day year consisting of twelve months of 30 days each and, in the case of an incomplete month, the actual number of days elapsed.

Appears in 1 contract

Samples: Supplemental Indenture (Keystone Automotive Operations Inc)

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