Common use of Interest and Interest Rates; Stated Maturity of Notes Clause in Contracts

Interest and Interest Rates; Stated Maturity of Notes. (a) The Notes shall bear interest at the rate of 2.300% per year. Interest on the Notes will accrue from November 5, 2021 or the most recent Interest Payment Date to which interest has been paid or provided for, and will be payable semi-annually in arrears on May 15 and November 15 of each year, commencing on May 15, 2022 (each such date being an “Interest Payment Date”), to the persons in whose names the Notes are registered in the security register (the “Holders”) at the close of business on the May 1 or November 1 (whether or not a Business Day) immediately preceding the applicable Interest Payment Date (each such date being a “Record Date”). Interest on the Notes will be computed on the basis of a 360-day year consisting of twelve 30-day months. (b) If any Interest Payment Date, Stated Maturity or Redemption Date falls on a day that is not a Business Day, the required payment shall be made on the next Business Day as if it were made on the date the payment was due and no interest shall accrue on the amount so payable for the period from and after that Interest Payment Date, Stated Maturity or Redemption Date, as the case may be, until the next Business Day. (c) The Stated Maturity of the Notes shall be November 15, 2028 (the “Stated Maturity”).

Appears in 1 contract

Samples: Second Supplemental Indenture (Invitation Homes Inc.)

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Interest and Interest Rates; Stated Maturity of Notes. (a) The Notes shall bear interest at the rate of 2.3005.500% per year. Interest on the Notes will accrue from November 5August 2, 2021 2023 or the most recent Interest Payment Date to which interest has been paid or provided for, and will be payable semi-annually in arrears on May February 15 and November August 15 of each year, commencing on May February 15, 2022 2024 (each such date being an “Interest Payment Date”), to the persons in whose names the Notes are registered in the security register (the “Holders”) at the close of business on the May February 1 or November August 1 (whether or not a Business Day) immediately preceding the applicable Interest Payment Date (each such date being a “Record Date”). Interest on the Notes will be computed on the basis of a 360-day year consisting of twelve 30-day months. (b) If any Interest Payment Date, Stated Maturity or Redemption Date falls on a day that is not a Business Day, the required payment shall be made on the next Business Day as if it were made on the date the payment was due and no interest shall accrue on the amount so payable for the period from and after that Interest Payment Date, Stated Maturity or Redemption Date, as the case may be, until the next Business Day. (c) The Stated Maturity of the Notes shall be November August 15, 2028 2033 (the “Stated Maturity”).

Appears in 1 contract

Samples: Supplemental Indenture (Invitation Homes Inc.)

Interest and Interest Rates; Stated Maturity of Notes. (a) The Notes shall bear interest at the rate of 2.3005.450% per year. Interest on the Notes will accrue from November 5August 2, 2021 2023 or the most recent Interest Payment Date to which interest has been paid or provided for, and will be payable semi-annually in arrears on May February 15 and November August 15 of each year, commencing on May February 15, 2022 2024 (each such date being an “Interest Payment Date”), to the persons in whose names the Notes are registered in the security register (the “Holders”) at the close of business on the May February 1 or November August 1 (whether or not a Business Day) immediately preceding the applicable Interest Payment Date (each such date being a “Record Date”). Interest on the Notes will be computed on the basis of a 360-day year consisting of twelve 30-day months. (b) If any Interest Payment Date, Stated Maturity or Redemption Date falls on a day that is not a Business Day, the required payment shall be made on the next Business Day as if it were made on the date the payment was due and no interest shall accrue on the amount so payable for the period from and after that Interest Payment Date, Stated Maturity or Redemption Date, as the case may be, until the next Business Day. (c) The Stated Maturity of the Notes shall be November August 15, 2028 2030 (the “Stated Maturity”).

Appears in 1 contract

Samples: Fifth Supplemental Indenture (Invitation Homes Inc.)

Interest and Interest Rates; Stated Maturity of Notes. (a) The Notes shall bear interest at the rate of 2.3002.000% per year. Interest on the Notes will accrue from November 5August 6, 2021 or the most recent Interest Payment Date to which interest has been paid or provided for, and will be payable semi-annually in arrears on May February 15 and November August 15 of each year, commencing on May February 15, 2022 (each such date being an “Interest Payment Date”), to the persons in whose names the Notes are registered in the security register (the “Holders”) at the close of business on the May February 1 or November August 1 (whether or not a Business Day) immediately preceding the applicable Interest Payment Date (each such date being a “Record Date”). Interest on the Notes will be computed on the basis of a 360-day year consisting of twelve 30-day months. (b) If any Interest Payment Date, Stated Maturity or Redemption Date falls on a day that is not a Business Day, the required payment shall be made on the next Business Day as if it were made on the date the payment was due and no interest shall accrue on the amount so payable for the period from and after that Interest Payment Date, Stated Maturity or Redemption Date, as the case may be, until the next Business Day. (c) The Stated Maturity of the Notes shall be November August 15, 2028 2031 (the “Stated Maturity”).

Appears in 1 contract

Samples: First Supplemental Indenture (Invitation Homes Inc.)

Interest and Interest Rates; Stated Maturity of Notes. (a) The Notes shall bear interest at the rate of 2.3002.700% per year. Interest on the Notes will accrue from November 5, 2021 or the most recent Interest Payment Date to which interest has been paid or provided for, and will be payable semi-annually in arrears on May January 15 and November July 15 of each year, commencing on May July 15, 2022 (each such date being an “Interest Payment Date”), to the persons in whose names the Notes are registered in the security register (the “Holders”) at the close of business on the May January 1 or November July 1 (whether or not a Business Day) immediately preceding the applicable Interest Payment Date (each such date being a “Record Date”). Interest on the Notes will be computed on the basis of a 360-day year consisting of twelve 30-day months. (b) If any Interest Payment Date, Stated Maturity or Redemption Date falls on a day that is not a Business Day, the required payment shall be made on the next Business Day as if it were made on the date the payment was due and no interest shall accrue on the amount so payable for the period from and after that Interest Payment Date, Stated Maturity or Redemption Date, as the case may be, until the next Business Day. (c) The Stated Maturity of the Notes shall be November January 15, 2028 2034 (the “Stated Maturity”).

Appears in 1 contract

Samples: Third Supplemental Indenture (Invitation Homes Inc.)

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Interest and Interest Rates; Stated Maturity of Notes. (a) The Notes shall bear interest at the rate of 2.3004.150% per year. Interest on the Notes will accrue from November April 5, 2021 2022 or the most recent Interest Payment Date to which interest has been paid or provided for, and will be payable semi-annually in arrears on May April 15 and November October 15 of each year, commencing on May October 15, 2022 (each such date being an “Interest Payment Date”), to the persons in whose names the Notes are registered in the security register (the “Holders”) at the close of business on the May April 1 or November October 1 (whether or not a Business Day) immediately preceding the applicable Interest Payment Date (each such date being a “Record Date”). Interest on the Notes will be computed on the basis of a 360-day year consisting of twelve 30-day months. (b) If any Interest Payment Date, Stated Maturity or Redemption Date falls on a day that is not a Business Day, the required payment shall be made on the next Business Day as if it were made on the date the payment was due and no interest shall accrue on the amount so payable for the period from and after that Interest Payment Date, Stated Maturity or Redemption Date, as the case may be, until the next Business Day. (c) The Stated Maturity of the Notes shall be November April 15, 2028 2032 (the “Stated Maturity”).

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Invitation Homes Inc.)

Interest and Interest Rates; Stated Maturity of Notes. (a) The Notes shall bear interest at the rate of 2.3004.875% per year. Interest on the Notes will accrue from November 5September 26, 2021 2024 or the most recent Interest Payment Date to which interest has been paid or provided for, and will be payable semi-annually in arrears on May 15 February 1 and November 15 August 1 of each year, commencing on May 15February 1, 2022 2025 (each such date being an “Interest Payment Date”), to the persons in whose names the Notes are registered in the security register (the “Holders”) at the close of business on the May 1 January 15 or November 1 July 15 (whether or not a Business Day) immediately preceding the applicable Interest Payment Date (each such date being a “Record Date”). Interest on the Notes will be computed on the basis of a 360-day year consisting of twelve 30-day months. (b) If any Interest Payment Date, Stated Maturity or Redemption Date falls on a day that is not a Business Day, the required payment shall be made on the next Business Day as if it were made on the date the payment was due and no interest shall accrue on the amount so payable for the period from and after that Interest Payment Date, Stated Maturity or Redemption Date, as the case may be, until the next Business Day. (c) The Stated Maturity of the Notes shall be November 15February 1, 2028 2035 (the “Stated Maturity”).

Appears in 1 contract

Samples: Seventh Supplemental Indenture (Invitation Homes Inc.)

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