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: Monthly Fifteenth day of each calendar month, beginning in the first calendar month following the month this Note was issued. Quarterly Fifteenth day of each March, June, September and December, beginning on the first such date following the date this Note was issued. Semi-annual Fifteenth day of the two months of each year specified on the face hereof, beginning on the first such date following the date this Note was issued. Annual Fifteenth day of the month of each year specified on the face hereof, beginning on the first such date following the date this Note was issued. (iii) Unless otherwise specified on the face hereof, if any Interest Payment Date or the Maturity Date of this Note falls on a day that is not a Business Day, the Trust will make the required payment of principal, premium, if any, and/or interest or other amounts on the next succeeding Business Day, and no additional interest will accrue in respect of the payment made on that next succeeding Business Day.
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Samples: Global Note (Genworth Life & Annuity Insurance Co), Global Note (Genworth Life & Annuity Insurance Co), Global Note (Genworth Life & Annuity Insurance Co)
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: INTEREST PAYMENT FREQUENCY INTEREST PAYMENT DATES -------------------------------------- -------------------------------------- Monthly Fifteenth day of each calendar month, beginning in the first calendar month following the month this Note was issued. Quarterly Fifteenth day of each March, June, September and Decemberevery third calendar month, beginning on in the first such date third calendar month following the date month this Note was issued. Semi-annual Fifteenth day of the two months of each year specified on the face hereofevery sixth calendar month, beginning on in the first such date sixth calendar month following the date month this Note was issued. Annual Fifteenth day of every twelfth calendar month, beginning in the twelfth calendar month following the month of each year specified on the face hereof, beginning on the first such date following the date this Note was issued.
(iii) Unless otherwise specified on the face hereof, if If any Interest Payment Date or the Maturity Date of this Note falls on a day that is not a Business Day, the Trust will make the required payment of principal, premium, if any, and/or interest or other amounts on the next succeeding Business Day, and no additional interest will accrue in respect of the payment made on that next succeeding Business Day.
Appears in 3 contracts
Samples: Omnibus Instrument (Principal Life Insurance Co), Omnibus Instrument (Principal Life Insurance Co), Omnibus Instrument (Principal Life Insurance Co)
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: INTEREST PAYMENT FREQUENCY INTEREST PAYMENT DATES -------------------------- ---------------------- Monthly Fifteenth day of each calendar month, beginning in the first calendar month following the month this Note was issued. Quarterly Fifteenth day of each March, June, September and Decemberevery third calendar month, beginning on in the first such date third calendar month following the date month this Note was issued. Semi-annual Fifteenth day of the two months of each year specified on the face hereofevery sixth calendar month, beginning on in the first such date sixth calendar month following the date month this Note was issued. Annual Fifteenth day of every twelfth calendar month, beginning in the twelfth calendar month following the month of each year specified on the face hereof, beginning on the first such date following the date this Note was issued.
(iii) Unless otherwise specified on the face hereof, if If any Interest Payment Date or the Maturity Date of this Note falls on a day that is not a Business Day, the Trust will make the required payment of principal, premium, if any, and/or interest or other amounts on the next succeeding Business Day, and no additional interest will accrue in respect of the payment made on that next succeeding Business Day.
Appears in 2 contracts
Samples: Indenture (Hartford Life Global Funding Trust 2006-021), Note (Hartford Life Global Funding Trust 2006-001)
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: Interest Payment Frequency Interest Payment Dates -------------------------- -------------------------- Monthly Fifteenth day of each calendar month, beginning in the first calendar month following the month this Note was issued. Quarterly Fifteenth day of each March, June, September and Decemberevery third calendar month, beginning on in the first such date third calendar month following the date month this Note was issued. Semi-annual Fifteenth day of the two months of each year specified on the face hereofevery sixth calendar month, beginning on in the first such date sixth calendar month following the date month this Note was issued. Annual Fifteenth day of every twelfth calendar month, beginning in the twelfth calendar month following the month of each year specified on the face hereof, beginning on the first such date following the date this Note was issued.
(iii) Unless otherwise specified on the face hereof, if If any Interest Payment Date or the Maturity Date of this Note falls on a day that is not a Business Day, the Trust Company will make the required payment of principal, premium, if any, and/or interest or other amounts on the next succeeding Business Day, and no additional interest will accrue in respect of the payment made on that next succeeding Business Day.
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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: Interest Payment Frequency Interest Payment Dates -------------------------- ---------------------- Monthly Fifteenth day of each calendar month, beginning in the first calendar month following the month this Note was issued. Quarterly Fifteenth day of each March, June, September and Decemberevery third calendar month, beginning on in the first such date third calendar month following the date month this Note was issued. Semi-annual Fifteenth day of the two months of each year specified on the face hereofevery sixth calendar month, beginning on in the first such date sixth calendar month following the date month this Note was issued. Annual Fifteenth day of every twelfth calendar month, beginning in the twelfth calendar month following the month of each year specified on the face hereof, beginning on the first such date following the date this Note was issued.
(iii) Unless otherwise specified on the face hereof, if If any Interest Payment Date or the Maturity Date of this Note falls on a day that is not a Business Day, the Trust will make the required payment of principal, premium, if any, and/or interest or other amounts on the next succeeding Business Day, and no additional interest will accrue in respect of the payment made on that next succeeding Business Day.
Appears in 1 contract
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 30-30- day months.
(ii) Unless otherwise specified on the face hereof, the Interest Payment Dates for this Note will be as follows: Monthly Fifteenth day of each calendar month, beginning in the first calendar month following the month this Note was issued. Quarterly Fifteenth day of each March, June, September and Decemberevery third calendar month, beginning on in the first such date third calendar month following the date month this Note was issued. Semi-annual Fifteenth day of the two months of each year specified on the face hereofevery sixth calendar month, beginning on in the first such date sixth calendar month following the date month this Note was issued. Annual Fifteenth day of every twelfth calendar month, beginning in the twelfth calendar month following the month of each year specified on the face hereof, beginning on the first such date following the date this Note was issued.
(iii) Unless otherwise specified on the face hereof, if If any Interest Payment Date or the Maturity Date of this Note falls on a day that is not a Business Day, the Trust will make the required payment of principal, premium, if any, and/or interest or other amounts on the next succeeding Business Day, and no additional interest will accrue in respect of the payment made on that next succeeding Business Day.
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