Common use of Interest on Fixed Rate Covered Bonds Clause in Contracts

Interest on Fixed Rate Covered Bonds. Each Fixed Rate Covered Bond bears interest on its Outstanding Principal Amount from and including the Interest Commencement Date at the rate(s) per annum equal to the Rate(s) of Interest. Interest will be payable in arrears on the Interest Payment Date(s) in each year up to and including the Final Maturity Date if that does not fall on an Interest Payment Date. Unless otherwise provided in the applicable Final Terms, the amount of interest payable on each Interest Payment Date in respect of the Fixed Interest Period ending on, but excluding, such date will amount to the Fixed Coupon Amount. Payments of interest on any Interest Payment Date will, if so specified in the applicable Final Terms, amount to the Broken Amount(s) so specified.

Interest on Fixed Rate Covered Bonds. Each Fixed Rate Covered Bond bears interest on its Outstanding Principal Amount outstanding nominal amount from (and including including) the Interest Commencement Date at the rate(s) per annum equal to the Rate(s) of Interest. Interest will be payable in arrears arrear on the Interest Payment Date(s) in each year up to (and including including) the Final Maturity Date if that does not fall on an Interest Payment Date. Unless otherwise provided in the applicable Final Terms, the The amount of interest payable on each Interest Payment Date in respect of the Fixed Interest Period ending on, on (but excluding, ) such date will amount to the Fixed Coupon Amount. Payments of interest on any Interest Payment Date will, if so specified in the applicable Final Terms, amount to the Broken Amount(s) so specified.

Interest on Fixed Rate Covered Bonds. Each Fixed Rate Covered Bond bears interest on its Outstanding Principal Amount from and including the Interest Commencement Date at the rate(s) per annum equal to the Rate(s) of Interest. Interest will be payable in arrears on the Interest Payment Date(s) in each year up to and including the Final Maturity Date if that does not fall on an Interest Payment Date. Unless otherwise provided in the applicable Final TermsTerms or Pricing Supplement, the amount of interest payable on each Interest Payment Date in respect of the Fixed Interest Period ending on, but excluding, such date will amount to the Fixed Coupon Amount. Payments of interest on any Interest Payment Date will, if so specified in the applicable Final TermsTerms or Pricing Supplement, amount to the Broken Amount(s) so specified.