Common use of Interest Following Default Clause in Contracts

Interest Following Default. Following an Event of Default, the Interest Rate payable will continue to be calculated in accordance with this Base Condition 5.9 but publication of the Interest Rate or the Interest Amount need not be made unless the Trustee otherwise requires.

Appears in 5 contracts

Samples: Multi Jurisdiction Repackaging Note Programme, Multi Jurisdiction Repackaging Note Programme, Multi Jurisdiction Repackaging Note Programme

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Interest Following Default. Following an Event of Default, the Interest Rate payable will continue to be calculated in accordance with this Base Condition 5.9 but publication of the Interest Rate or the Interest Amount need not be made unless the Trustee otherwise requires.

Appears in 1 contract

Samples: Base Prospectus

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