Interest During the Fixed Rate Period. During the Fixed Rate Period, (A) the outstanding principal amount of the LoTSSM and (B) to the extent permitted by applicable law, any Deferred Interest or overdue interest thereon will bear interest at a per annum rate equal to the Fixed Rate until the commencement of the Floating Rate Period or, if earlier, until the principal thereof and all Interest thereon is paid, compounded semi-annually and payable (subject to the provisions of Article IV) semi-annually, in arrears on each Semi-Annual Interest Payment Date.
Appears in 2 contracts
Samples: Eighth Supplemental Indenture (Enterprise Products Partners L P), Eighth Supplemental Indenture (Enterprise Products Partners L P)
Interest During the Fixed Rate Period. During the Fixed Rate Period, (A) the outstanding principal amount of the LoTSSM Notes and (B) to the extent permitted by applicable law, any Deferred Interest or overdue interest thereon thereon, will bear interest at a per annum rate equal to the Fixed Rate until the commencement of the Floating Rate Period or, if earlier, until the principal thereof and all Interest thereon is paid, compounded semi-annually and payable (subject to the provisions of Article IV) semi-annually, in arrears on each Semi-Annual Interest Payment Date.
Appears in 2 contracts
Samples: First Supplemental Indenture (TCTM L P), Ninth Supplemental Indenture (Enterprise Products Partners L P)
Interest During the Fixed Rate Period. During the Fixed Rate Period, (A) the outstanding principal amount of the LoTSSM Notes and (B) to the extent permitted by applicable law, any Deferred Interest or overdue interest thereon will thereon, shall bear interest at a per annum rate equal to the Fixed Rate until the commencement of the Floating Rate Period or, if earlier, until the principal thereof amount of the Notes and all Interest accrued and unpaid interest thereon is paid, compounded semi-annually and payable (subject to the provisions of Article IV) semi-annually, annually in arrears on each Semi-Annual Interest Payment Date.
Appears in 1 contract
Samples: First Supplemental Indenture (Enbridge Energy Partners Lp)
Interest During the Fixed Rate Period. During the Fixed Rate Period, (A) the outstanding principal amount of the LoTSSM Notes and (B) to the extent permitted by applicable law, any Deferred Interest or overdue interest thereon will bear interest at a per annum rate equal to the Fixed Rate until the commencement of the Floating Rate Period or, if earlier, until the principal thereof and all Interest thereon is paid, compounded semi-annually semiannually and payable (subject to the provisions of Article IV) semi-annually, semiannually in arrears on each Semi-Annual Fixed Rate Semiannual Interest Payment Date.
Appears in 1 contract
Samples: First Supplemental Indenture (DCP Midstream Partners, LP)
