Interest Rate and Due Dates. The Bonds bear interest at the rate of ___________ % per annum as from ___________. The Bonds shall cease to bear interest upon the end of the day preceding the day on which they become due for redemption. Interest shall be payable [Insert in case of short or long first coupon:, subject to the last two sentences of this subsection,] annually in arrears on ___________. The first interest payment date will be ___________ [Insert in case of short or long first coupon: for the period commencing on ___________ (inclusive) and ending on ___________ (exclusive). The interest amount for this period shall total Euro ___________ for the aggregate principal amount of the Bonds].
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Samples: Subscription Agreement (KfW)
Interest Rate and Due Dates. The Bonds bear interest at the rate of ___________ % per annum as from ____________, 200_. The Bonds shall cease to bear interest upon the end of the day preceding the day on which they become due for redemption. Interest shall be payable [Insert in case of short or long first coupon:, subject to the last two sentences of this subsection,] annually in arrears on ____________ of each year. The first interest payment date will be ____________, 200_ [Insert in case of short or long first coupon: for the period commencing on ____________, 200_ (inclusive) and ending on ____________, 200_ (exclusive). The interest amount for this period shall total Euro ___________ for the aggregate principal amount of the Bonds]Euro _______.
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Interest Rate and Due Dates. The Bonds bear interest at the rate of ___________ % per annum as from ___________. The Bonds shall cease to bear interest upon the end of the day preceding the day on which they become due for redemption. Interest shall be payable [Insert in case of short or long first coupon:, subject to the last two sentences of this subsection,] annually in arrears on ___________. The first interest payment date will shall be ___________ [Insert in case of short or long first coupon: for the period commencing on ___________ (inclusive) and ending on ___________ (exclusive). The interest amount for this period shall total Euro ___________ for the aggregate principal amount of the BondsEUR ___________].
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Samples: Agency Agreement (KfW)
Interest Rate and Due Dates. The Bonds bear interest at the rate of ____________ % per annum as from ____________. The Bonds shall cease to bear interest upon the end of the day preceding the day on which they become due for redemption. Interest shall be payable [Insert in case of short or long first coupon:, subject to the last two sentences of this subsection,] annually in arrears on ____________. The first interest payment date will be ____________ [Insert in case of short or long first coupon: for the period commencing on ____________ (inclusive) and ending on ____________ (exclusive). [Insert in case of short or long first coupon: The interest amount for this period shall total Euro ____________ for the aggregate principal amount of the BondsEuro ____________.].
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