Common use of Fractions Clause in Contracts

Fractions. When making payments to Bondholders, if the relevant payment is not of an amount which is a whole multiple of the smallest unit of the relevant currency in which such payment is to be made, such payment will be rounded down to the nearest unit.

Appears in 13 contracts

Samples: And Restatement Agreement (Renalytix PLC), Restatement Agreement (Renalytix PLC), Fiscal Agency Agreement

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Fractions. When making payments to BondholdersNoteholders, if the relevant payment is not of an amount which is a whole multiple of the smallest unit of the relevant currency in which such payment is to be made, such payment will be rounded down to the nearest such unit.

Appears in 5 contracts

Samples: Fiscal Agency Agreement (Abengoa, S.A.), Gold Fields LTD, Gold Fields LTD

Fractions. When making payments to BondholdersNoteholders, if the relevant payment is not of an amount which is a whole multiple of the smallest unit of the relevant currency in which such payment is to be made, such payment will be rounded down to the nearest unit.

Appears in 3 contracts

Samples: Paying Agency Agreement, Subscription Agreement (First Pacific Company LTD /Fi), Acergy S.A.

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Fractions. When making payments to Bondholders, if the relevant payment is not of an amount which is a whole multiple of the smallest unit of the relevant currency in which such payment is to be made, such payment will be rounded down to the nearest such unit.

Appears in 2 contracts

Samples: Simon Property Group L P /De/, www.mengniuir.com

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