Interest Bearing Clause Samples
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Interest Bearing. The Deposit shall (a) be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Purchaser and reasonably acceptable to Seller, and (b) include any interest earned thereon. To allow the interest bearing account to be opened, Purchaser’s and Seller’s tax identification numbers are set forth herein below their signatures.
Interest Bearing. The Deposit shall be held in an interest-bearing escrow account by Escrow Agent in an institution as directed by Seller and reasonably acceptable to Purchaser. All interest and income on the Deposit will be remitted to the party entitled to the Deposit pursuant to this Agreement.
Interest Bearing definitive Bearer Notes will have attached thereto at the time of their initial delivery Coupons, presentation of which will be a prerequisite to the payment of interest in certain circumstances specified below. Interest-bearing definitive Bearer Notes which have more than 27 interest payments remaining on issue will also have attached thereto at the time of their initial delivery talons for further Coupons (Talons). Any reference herein to Coupons or coupons shall, unless the context otherwise requires, be deemed to include a reference to Talons or talons. Definitive Bearer Notes repayable in instalments will have receipts (Receipts) for the payment of the instalments of principal (other than the final instalment) attached on issue. Bearer Global Notes do not have Receipts, Coupons or Talons attached on issue.
Interest Bearing. 7.1 Until the Notes are repaid by the Company or converted into Shares, in each case in accordance with the provisions of this Instrument, interest shall accrue and be paid on the principal amount of the Notes outstanding at the rate and in the manner provided in paragraph 2 of Schedule 3.
7.2 Default interest is payable on the A Loan Notes and B Loan Notes as provided for in paragraph 1, Part 1 of Schedule 2.
Interest Bearing. 0 In foreign offices and Edge subsidiary.................... 0
Interest Bearing. Federal funds purchased and securities sold under agreements to repurchase 2500 ....
Interest Bearing. The Deposit shall be held in an interest-bearing escrow account by Escrow Agent in accordance with Section 13.1(a) below.
Interest Bearing. The Deposit shall be invested in a registered money market fund investing exclusively in United States Government Treasuries. To allow the interest bearing account to be opened, Purchaser’s tax identification or social security number is set forth below its signature.
Interest Bearing. Capital contributions of the Limited Partners shall bear interest at the rate of 7% per annum.
Interest Bearing. Federal funds purchased and securities sold under agreements to repurchase in domestic offices of the bank and of its Edge subsidiary........................................... 0 Demand notes issued to the U.S. Treasury and Trading Liabilities............................................... 0