Common use of Interest; Additional Interest Clause in Contracts

Interest; Additional Interest. TechnipFMC plc, a public limited company incorporated under the laws of England and Wales (the “Company” or the “Issuer”), promises to pay interest on the principal amount of this Note at 3.45% per annum from April 1, 2017 until maturity. The Issuer shall pay interest semi-annually on April 1 and October 1 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017; provided that if there is no existing default in the payment of interest, and if this Note is authenticated between a Regular Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October 1, 2017. The Issuer shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: TechnipFMC PLC

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Interest; Additional Interest. TechnipFMC plcCameron International Corporation, a public limited company incorporated under the laws of England and Wales Delaware corporation (the “Company” or the “Issuer”), promises to pay interest on the principal amount of this Note at 3.455.95% per annum from April 1June 2, 2017 2011 until maturity. The Issuer shall pay interest semi-annually on April June 1 and October December 1 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default in the payment of interest, and if this Note is authenticated between a Regular Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October December 1, 20172011. The Issuer shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Cameron International Corp)

Interest; Additional Interest. TechnipFMC plcEnbridge Energy Partners, L.P., a public Delaware limited company incorporated under the laws of England and Wales partnership (the “Company” "Partnership" or the "Issuer"), promises to pay interest on the principal amount of this Note at 3.454.75% per annum from April 1, 2017 until maturity. The Issuer shall pay interest semi-annually on April June 1 and October December 1 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an "Interest Payment Date"). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default Default in the payment of interest, and if this Note is authenticated between a Regular Record Date record date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October 1, 2017. The Issuer shall pay interest (including post-petition interest in any proceeding under the any Bankruptcy ActLaw) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the any Bankruptcy ActLaw) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Enbridge Energy Partners Lp)

Interest; Additional Interest. TechnipFMC plcEnbridge Energy Partners, L.P., a public Delaware limited company incorporated under the laws of England and Wales partnership (the “Company” "Partnership" or the "Issuer"), promises to pay interest on the principal amount of this Note at 3.455.95% per annum from April 1, 2017 until maturity. The Issuer shall pay interest semi-annually on April June 1 and October December 1 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an "Interest Payment Date"). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default Default in the payment of interest, and if this Note is authenticated between a Regular Record Date record date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October 1, 2017. The Issuer shall pay interest (including post-petition interest in any proceeding under the any Bankruptcy ActLaw) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the any Bankruptcy ActLaw) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Enbridge Energy Partners Lp)

Interest; Additional Interest. TechnipFMC plcCameron International Corporation, a public limited company incorporated under the laws of England and Wales Delaware corporation (the “Company” or the “Issuer”), promises to pay interest on the principal amount of this Note at 3.451.150% per annum from April 1December 16, 2017 2013 until maturity. The Issuer shall pay interest semi-annually on April 1 June 15 and October 1 December 15 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default in the payment of interest, and if this Note is authenticated between a Regular Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October 1June 15, 20172014. The Issuer shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Third Supplemental Indenture (Cameron International Corp)

Interest; Additional Interest. TechnipFMC plcCameron International Corporation, a public limited company incorporated under the laws of England and Wales Delaware corporation (the “Company” or the “Issuer”), promises to pay interest on the principal amount of this Note at 3.455.125% per annum from April 1December 16, 2017 2013 until maturity. The Issuer shall pay interest semi-annually on April 1 June 15 and October 1 December 15 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default in the payment of interest, and if this Note is authenticated between a Regular Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October 1June 15, 20172014. The Issuer shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Cameron International Corp)

Interest; Additional Interest. TechnipFMC plcCameron International Corporation, a public limited company incorporated under the laws of England and Wales Delaware corporation (the “Company” or the “Issuer”), promises to pay interest on the principal amount of this Note at 3.457.00% per annum from April 1June 26, 2017 2008 until maturity. The Issuer shall pay interest semi-annually on April 1 January 15 and October 1 July 15 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default in the payment of interest, and if this Note is authenticated between a Regular Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October 1January 15, 20172009. The Issuer shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Cameron International Corp

Interest; Additional Interest. TechnipFMC plcCameron International Corporation, a public limited company incorporated under the laws of England and Wales Delaware corporation (the “Company” or the “Issuer”), promises to pay interest on the principal amount of this Note at 3.456.375% per annum from April 1June 26, 2017 2008 until maturity. The Issuer shall pay interest semi-annually on April 1 January 15 and October 1 July 15 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default in the payment of interest, and if this Note is authenticated between a Regular Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October 1January 15, 20172009. The Issuer shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Cameron International Corp)

Interest; Additional Interest. TechnipFMC plcCameron International Corporation, a public limited company incorporated under the laws of England and Wales Delaware corporation (the “Company” or the “Issuer”), promises to pay interest on the principal amount of this Note at 3.453.70% per annum from April 1June 20, 2017 2014 until maturity. The Issuer shall pay interest semi-annually on April 1 June 15 and October 1 December 15 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default in the payment of interest, and if this Note is authenticated between a Regular Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October 1December 15, 20172014. The Issuer shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Seventh Supplemental Indenture (Cameron International Corp)

Interest; Additional Interest. TechnipFMC plcCameron International Corporation, a public limited company incorporated under the laws of England and Wales Delaware corporation (the “Company” or the “Issuer”), promises to pay interest on the principal amount of this Note at 3.454.50% per annum from April 1June 2, 2017 2011 until maturity. The Issuer shall pay interest semi-annually on April June 1 and October December 1 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default in the payment of interest, and if this Note is authenticated between a Regular Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October December 1, 20172011. The Issuer shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Cameron International Corp

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Interest; Additional Interest. TechnipFMC plcCameron International Corporation, a public limited company incorporated under the laws of England and Wales Delaware corporation (the “Company” or the “Issuer”), promises to pay interest on the principal amount of this Note at 3.454.000% per annum from April 1December 16, 2017 2013 until maturity. The Issuer shall pay interest semi-annually on April 1 June 15 and October 1 December 15 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default in the payment of interest, and if this Note is authenticated between a Regular Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October 1June 15, 20172014. The Issuer shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Cameron International Corp)

Interest; Additional Interest. TechnipFMC plcCameron International Corporation, a public limited company incorporated under the laws of England and Wales Delaware corporation (the “Company” or the “Issuer”), promises to pay interest on the principal amount of this Note at 3.451.60% per annum from April 1May 17, 2017 2012 until maturity. The Issuer shall pay interest semi-annually on April 1 30 and October 1 30 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default in the payment of interest, and if this Note is authenticated between a Regular Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October 130, 20172012. The Issuer shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: First Supplemental Indenture (Cameron International Corp)

Interest; Additional Interest. TechnipFMC plcFMC Technologies, Inc., a public limited company incorporated under the laws of England and Wales Delaware corporation (the “Company” or the “Issuer”), promises to pay interest on the principal amount of this Note at 3.45% per annum from April 1September 21, 2017 2012 until maturity. The Issuer shall pay interest semi-annually on April 1 and October 1 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default in the payment of interest, and if this Note is authenticated between a Regular Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October April 1, 20172013. The Issuer shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months. 2 To be included only if the Note is issued in global form.

Appears in 1 contract

Samples: Indenture (FMC Technologies Inc)

Interest; Additional Interest. TechnipFMC plcFMC Technologies, Inc., a public limited company incorporated under the laws of England and Wales Delaware corporation (the “Company” or the “Issuer”), promises to pay interest on the principal amount of this Note at 3.452.00% per annum from April 1September 21, 2017 2012 until maturity. The Issuer shall pay interest semi-annually on April 1 and October 1 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default in the payment of interest, and if this Note is authenticated between a Regular Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October April 1, 20172013. The Issuer shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months. 2 To be included only if the Note is issued in global form.

Appears in 1 contract

Samples: Indenture (FMC Technologies Inc)

Interest; Additional Interest. TechnipFMC plcCameron International Corporation, a public limited company incorporated under the laws of England and Wales Delaware corporation (the “Company” or the “Issuer”), promises to pay interest on the principal amount of this Note at 3.453.60% per annum from April 1May 17, 2017 2012 until maturity. The Issuer shall pay interest semi-annually on April 1 30 and October 1 30 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default in the payment of interest, and if this Note is authenticated between a Regular Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October 130, 20172012. The Issuer shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Cameron International Corp

Interest; Additional Interest. TechnipFMC plcCameron International Corporation, a public limited company incorporated under the laws of England and Wales Delaware corporation (the “Company” or the “Issuer”), promises to pay interest on the principal amount of this Note at 3.451.40% per annum from April 1June 20, 2017 2014 until maturity. The Issuer shall pay interest semi-annually on April 1 June 15 and October 1 December 15 of each such year, or if any such day is not a Business Day, on the next succeeding Business Day (each an “Interest Payment Date”). Interest on the Notes shall accrue from the most recent date to which interest has been paid or, if no interest has been paid, from April 1, 2017the date of issuance; provided that if there is no existing default in the payment of interest, and if this Note is authenticated between a Regular Record Date referred to on the face hereof and the next succeeding Interest Payment Date, interest shall accrue from such next succeeding Interest Payment Date; provided, further, that the first Interest Payment Date shall be October 1December 15, 20172014. The Issuer shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue principal and premium, if any, from time to time on demand at the same rate; and it shall pay interest (including post-petition interest in any proceeding under the Bankruptcy Act) on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful. Interest shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Cameron International Corp

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