Common use of Fixed Rate Notes Clause in Contracts

Fixed Rate Notes. If this Note is specified on the face hereof as a “Fixed Rate Note”: (i) This Note will bear interest at the rate per annum specified on the face hereof. Interest on this Note will be computed on the basis of a 360-day year of twelve 30-day months. (ii) Unless otherwise specified on the face hereof, the Interest Payment Dates for this Note will be as follows:

Appears in 370 contracts

Samples: Global Note (Principal Life Insurance Co), Global Note (Principal Life Insurance Co), Indenture (Principal Life Insurance Co)

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Fixed Rate Notes. If this Note is specified on the face hereof as a “Fixed Rate Note”: (i) This Note will bear interest at the rate per annum specified on the face hereof. Interest on this Note will be computed on the basis of a 360-day year of twelve 30-day months. (ii) Unless otherwise specified on the face hereof, the Interest Payment Dates for this Note will be as follows:Dates

Appears in 1 contract

Samples: Global Note (Ing Usa Annuity & Life Insurance Co)

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Fixed Rate Notes. If this Note is specified on the face hereof as a “Fixed Rate Note”: (i) This Note will bear interest at the rate per annum specified on the face hereof. Interest on this Note will be computed on the basis of a 360-day year of twelve 30-day months. (ii) Unless otherwise specified on the face hereof, the Interest Payment Dates payment Dated for this Note Notes will be as follows:

Appears in 1 contract

Samples: Note Agreement (Principal Life Income Fundings Trust 1)

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