Interest and Interest Rate. (a) The Notes shall accrue interest at the Interest Rate per annum. Interest on the Notes shall be payable semi-annually in arrears on each Interest Payment Date to Holders of record on the record date immediately preceding such Interest Payment Date. Interest will be computed on the basis of a 360-day year comprised of twelve 30-day months. 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 the Issue Date, until the Principal Amount or Redemption Price, if applicable, is paid or duly made available for payment.
(b) If prior to any Interest Payment Date, any Additional Interest has accrued pursuant to the Registration Rights Agreement or any Special Interest has accrued pursuant to Section 7.03 hereof, and not theretofore been paid in full or any Late Charge has accrued and not theretofore been paid in full, any such Additional Interest, Special Interest or Late Charge shall be due and payable on such Interest Payment Date, and shall be included in Interest payable on such Interest Payment Date and shall be paid in the manner provided for herein for the payment of Interest (unless otherwise specified in the applicable Transaction Document).
(c) Interest shall be payable on each Interest Date, to each Holder on the applicable Interest Payment Date in cash (“Cash Interest”); provided, however, that at any time after September 30, 2009, so long as (i) there has been no Equity Conditions Failure (unless the applicable Holder has waived such Equity Conditions Failure) and (ii) the Consolidated Cash Flow for the 12 calendar months for which financial statements are publicly available immediately preceding the applicable Interest Payment Date is not greater than $10,000,000 (the “Consolidated Cash Flow Test”), the Company may at its option, as indicated on the Interest Election Notice, add the Interest (other than Additional Interest, Special Interest and Late Charges) due on such Interest Payment Date to the Principal Amount of the Notes as Capitalized Interest. In order to exercise the Company’s right to pay the Interest (other than Additional Interest, Special Interest and Late Charges) due on the applicable Interest Payment Date as Capitalized Interest, the Company shall deliver a written notice (each, an “Interest Election Notice”) to each Holder and the Trustee at least 20 Trading Days prior to the Interest Payment Date (the date such notice is delivered to all of the Holders, ...
Interest and Interest Rate. (a) The Designated Securities will bear interest from July 2, 2007 or from the most recent date through which the Issuer has paid or provided for interest on the Designated Securities.
(b) Except with respect to the first Interest Period, the interest rate per annum for the Designated Securities will be reset on the first day of each Interest Period and will be equal to LIBOR plus 0.33% as determined by the Calculation Agent. For the first Interest Period, the interest rate per annum for the Designated Securities will be equal to One-Month LIBOR plus 0.33% as determined by the Calculation Agent. The amount of interest for the Designated Securities for each day the Designated Securities are Outstanding (the “Daily Interest Amount”) will be calculated by dividing the applicable interest rate in effect for that day by 360 and multiplying the result by the aggregate outstanding principal amount of Designated Securities on that day. The amount of interest to be paid on the Designated Securities for each Interest Period will be calculated by adding the applicable Daily Interest Amounts for each day in the Interest Period.
(c) Subject to and in accordance with the Tax Certification Procedures, the Issuer or the Guarantor, as the case may be, will pay interest on the Designated Securities on each February 4, May 4, August 4 and November 4 of each year beginning on August 4, 2007 until Maturity, and at Maturity (each, an “Interest Payment Date”). If any Interest Payment Date would fall on a day that is not a Business Day, other than the Interest Payment Date that is also the Maturity, that Interest Payment Date will be postponed to the following day that is a Business Day, except that if such next Business Day is in a different month, then that Interest Payment Date will be the immediately preceding day that is a Business Day.
(d) Except as described below for the first Interest Period, on each Interest Payment Date, the Issuer or the Guarantor, as the case may be, will pay interest on the Designated Securities for the period commencing on and including the immediately preceding Interest Payment Date and ending on and including the day immediately preceding that Interest Payment Date. The first Interest Period will begin on and include July 2, 2007 and, subject to the immediately preceding paragraph, will end on and include August 3, 2007. Each period for which interest is payable on the Designated Securities is referred to as an “Interest Period”.
(e) If the Matur...
Interest and Interest Rate. The Notes will bear interest at a rate of 6.95% per annum, from April 10, 2002 (or, in the case of Notes issued upon the reopening of this series of Notes, from the date designated by the Company in connection with such reopening) or from the immediately preceding Interest Payment Date to which interest has been paid or duly provided for, payable semiannually on each April 1 and October 1, commencing October 1, 2002 (each of which shall be an "Interest Payment Date"), to the Persons in whose names the Notes are registered in the Security Register at the close of business on the day falling 14 calendar days (whether or not a Business Day) next preceding such Interest Payment Date (each, a "Regular Record Date").
Interest and Interest Rate. The Notes will bear interest at a rate of 8 1/2% per annum, from November 30, 1998 (or, in the case of Notes issued upon the reopening of this series of Notes, from the date designated by the Company in connection with such reopening) or from the immediately preceding Interest Payment Date to which interest has been paid or duly provided for, payable monthly in arrears on the 15th of each month, commencing January 15, 1998 (each of which shall be an "Interest Payment Date"), to the Persons in whose names the Notes are registered in the Security Register at the close of business on the first day of each month (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date (each, a "Regular Record Date").
Interest and Interest Rate. The Notes will bear interest at a rate of 8-5/8% per annum, from December 20, 2001 (or, in the case of Notes issued upon the reopening of this series of Notes, from the date designated by the Company in connection with such reopening) or from the immediately preceding Interest Payment Date to which interest has been paid or duly provided for, payable semiannually on each January 15 and July 15, commencing July 15, 2002 (each of which shall be an "Interest Payment Date"), to the Persons in whose names the Notes are registered in the Security Register at the close of business on January 1 and July 1, as the case may be (whether or not a Business Day), next preceding such Interest Payment Date (each, a "Regular Record Date").
Interest and Interest Rate. Your Account is not an interest-bearing account.
Interest and Interest Rate. The Notes will bear interest at a rate of 6.30% per annum, from June 15, 2006 (or, in the case of Notes issued upon the reopening of this series of Notes, from the date designated by the Company in connection with such reopening) or from the immediately preceding Interest Payment Date to which interest has been paid or duly provided for, payable semi-annually in arrears on June 15 and December 15 of each year, commencing December 15, 2006, or if such day is not a Business Day, on the next succeeding Business Day (each of which shall be an “Interest Payment Date”), to the Persons in whose names the Notes are registered in the Security Register at the close of business on the day falling 14 calendar days immediately preceding the applicable Interest Payment Date (whether or not a Business Day), as the case may be (each, a “Regular Record Date”).
Interest and Interest Rate. The Notes will bear interest at a rate of 4.000% per annum, from May 26, 2015 (or, in the case of Notes issued upon the reopening of this series of Notes, from the date designated by the Company in connection with such reopening) or from the immediately preceding Interest Payment Date to which interest has been paid or duly provided for, payable semiannually in arrears on each June 1 and December 1, commencing December 1, 2015 (each of which shall be an “Interest Payment Date”), to the Persons in whose names the Notes are registered in the Security Register at the close of business on the May 15 or November 15, as the case may be (whether or not a Business Day), next preceding such Interest Payment Date (each, a “Regular Record Date”).
Interest and Interest Rate. The rate at which the Notes shall bear interest, the date or dates from which such interest shall accrue, the interest payment dates on which any such interest shall be payable and the regular record date for any interest payable on any interest payment date, in each case, shall be as set forth in the form of Note set forth as Exhibit A hereto.
Interest and Interest Rate. The Notes will bear interest at a rate of 4.375% per annum, from February 8, 2021 (or, in the case of Notes issued after February 8, 2021, from the date designated by the Company in connection with such issuance), or from the immediately preceding Interest Payment Date to which interest has been paid or duly provided for, payable semi-annually in arrears on March 1 and September 1 of each year, commencing September 1, 2021 (each of which shall be an “Interest Payment Date”), or if such day is not a Business Day, on the next succeeding Business Day, to the Persons in whose names the Notes are registered in the Security Register at the close of business on the Regular Record Date for such interest, which shall be February 15 or August 15 (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date (each, a “Regular Record Date”).
