Common use of Interest and Interest Rate Clause in Contracts

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”).

Appears in 2 contracts

Samples: Fourth Supplemental Indenture (Diversified Healthcare Trust), Fourth Supplemental Indenture (Diversified Healthcare Trust)

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Interest and Interest Rate. The Notes will bear interest at a rate of 4.3755 1/8% per annum, from February 815, 2021 2005 (or, in the case of Notes issued after February 8, 2021upon the reopening of this series of Notes, from the date designated by the Company in connection with such issuance), 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 March 1 February 15 and September 1 August 15 of each year, commencing September 1August 15, 2021 (each of which shall be an “Interest Payment Date”)2005, or if such day is not a Business Day, on the next succeeding Business DayDay (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 Regular Record Date for such interest, which shall be February 15 or August 15 day falling 14 calendar days immediately preceding the applicable interest payment date (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date be (each, a "Regular Record Date").

Appears in 1 contract

Samples: Supplemental Indenture (Hospitality Properties Trust)

Interest and Interest Rate. The Notes will bear interest at a rate of 4.3752.400% per annum, from February 8August 13, 2021 (or, in the case of Notes issued after February 8August 13, 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 February 1 and September August 1 of each year, commencing September February 1, 2021 2022 (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 January 15 or August July 15 (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date (each, a “Regular Record Date”).

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Office Properties Income Trust)

Interest and Interest Rate. The Notes will bear interest at a rate of 4.3754.750% per annum, from February 812, 2021 2018 (or, in the case of Notes issued after February 8, 2021upon the reopening of this series of Notes, from the date designated by the Company in connection with such issuancereopening), 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 February 15 and September 1 August 15 of each year, commencing September 1August 15, 2021 (each of which shall be an “Interest Payment Date”)2018, or if such day is not a Business Day, on the next succeeding Business DayDay (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 Regular Record Date for such interest, which shall be February 15 1 or August 15 1 (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date (each, a “Regular Record Date”).

Appears in 1 contract

Samples: Second Supplemental Indenture (Senior Housing Properties Trust)

Interest and Interest Rate. The Notes will bear interest at a rate of 4.3756.30% per annum, from February 8June 15, 2021 2006 (or, in the case of Notes issued after February 8, 2021upon the reopening of this series of Notes, from the date designated by the Company in connection with such issuance), 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 March 1 June 15 and September 1 December 15 of each year, commencing September 1December 15, 2021 (each of which shall be an “Interest Payment Date”)2006, or if such day is not a Business Day, on the next succeeding Business DayDay (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 Regular Record day falling 14 calendar days immediately preceding the applicable Interest Payment 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 be (each, a “Regular Record Date”).

Appears in 1 contract

Samples: Supplemental Indenture (Hospitality Properties Trust)

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Interest and Interest Rate. The Notes will bear interest at a rate of 4.3754.50% per annum, from February 8September 12, 2021 2014 (or, in the case of Notes issued after February 8, 2021upon the reopening of this series of Notes, from the date designated by the Company in connection with such issuancereopening), 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 15 and September 1 15 of each year, commencing September 1March 15, 2021 (each of which shall be an “Interest Payment Date”)2015, or if such day is not a Business Day, on the next succeeding Business DayDay (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 Regular Record day falling 14 calendar days immediately preceding the applicable Interest Payment 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 be (each, a “Regular Record Date”).

Appears in 1 contract

Samples: Supplemental Indenture (Hospitality Properties Trust)

Interest and Interest Rate. The Notes will bear interest at a rate of 4.3753.450% per annum, from February 8September 28, 2021 (or, in the case of Notes issued after February 8September 28, 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 April 15 and September 1 October 15 of each year, commencing September 1April 15, 2021 2022 (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 April 1 or August 15 October 1 (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date (each, a “Regular Record Date”).

Appears in 1 contract

Samples: Fifth Supplemental Indenture (Office Properties Income Trust)

Interest and Interest Rate. The Notes will bear interest at a rate of 4.3752.650% per annum, from February 8May 18, 2021 (or, in the case of Notes issued after February 8May 18, 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 June 15 and September 1 December 15 of each year, commencing September 1December 15, 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 June 1 or August 15 December 1 (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date (each, a “Regular Record Date”).

Appears in 1 contract

Samples: Third Supplemental Indenture (Office Properties Income Trust)

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