Common use of Interest Rate and Interest Payments Clause in Contracts

Interest Rate and Interest Payments. Interest on the outstanding Principal Amount shall accrue at the rate of 6.00% per annum, with the first installment of accrued, unpaid interest being due and payable on February 1, 2003, and subsequent payments of accrued, unpaid interest being due and payable on the first day of each month thereafter. Overdue principal and interest on the Debenture shall bear interest at the maximum rate permitted by applicable law. Interest on the Principal Amount of the Debenture shall be calculated, from time to time, on the basis of the actual days elapsed in a year consisting of 365 days.

Interest Rate and Interest Payments. (a) Interest on the outstanding Principal Amount outstanding from time to time shall accrue at the rate of 6.009.00% per annum, with the first installment of accrued, unpaid interest being due and payable on February FEBRUARY 1, 2003, 1997 and subsequent payments of accrued, unpaid interest being due and payable on at the first day of each month thereafter. Overdue principal and interest on the Debenture Debentures shall bear interest at interest, to the maximum rate extent permitted by applicable law, at a rate of 9.00% per annum. Interest on the Principal Amount of the each Debenture shall be calculated, from time to time, on the basis of the actual days elapsed in a year consisting of 365 days.

Interest Rate and Interest Payments. (a) Interest on the outstanding Principal Amount outstanding from time to time shall accrue at the rate of 6.009.00% per annum, with the first installment of accrued, unpaid interest being due and payable on February NOVEMBER 1, 2003, 1996 and subsequent payments of accrued, unpaid interest being due and payable on at the first day of each month thereafter. Overdue principal and interest on the Debenture Debentures shall bear interest at interest, to the maximum rate extent permitted by applicable law, at a rate of 9.00% per annum. Interest on the Principal Amount of the each Debenture shall be calculated, from time to time, on the basis of the actual days elapsed in a year consisting of 365 days.

Interest Rate and Interest Payments. (a) Interest on the outstanding Principal Amount outstanding from time to time shall accrue at the rate of 6.0010.00% per annum, with the first installment of accrued, unpaid interest being due and payable on February FEBRUARY 1, 2003, 1998 and subsequent payments of accrued, unpaid interest being due and payable on at the first day of each month thereafter. Overdue principal and interest on the Debenture Debentures shall bear interest at interest, to the maximum rate extent permitted by applicable law, at a rate of 12.00% per annum. Interest on the Principal Amount of the each Debenture shall be calculated, from time to time, on the basis of the actual days elapsed in a year consisting of 365 days.