Interest Rates and Interest Payment Dates. (a) Each Eurodollar Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Eurodollar Rate determined for such day plus the Applicable Margin.
Interest Rates and Interest Payment Dates. (a) From and after the Issuance Date, subject to Sections 2.4(b) and 2.10, as well before as after judgment, the outstanding principal amount of any loan made hereunder by the Obligee on the Issuance Date at all times shall bear interest at a rate per annum equal to twenty percent (20%).
Interest Rates and Interest Payment Dates. Unless previously redeemed or repurchased and cancelled in accordance with these Conditions and subject to the further provisions of this Condition 4(a)(i), the Securities will bear interest on their principal amount as follows:
Interest Rates and Interest Payment Dates. (a) Except as set forth in clause (b) below or in Section 2.9 or 2.11, each Loan shall bear interest on the unpaid principal amount thereof, for the period from (and including) the day such Loan is made to, but excluding, the day such Loan is paid at a rate per annum equal to the LIBO Rate determined for the Interest Period then in effect, plus the Applicable Margin. Accrued (and theretofore unpaid) interest on each Loan shall be payable (i) in arrears on each Interest Payment Date, (ii) on the date of any prepayment (on the amount prepaid) and (iii) at maturity (whether at stated maturity, by acceleration or otherwise) and, after such maturity, on demand.
Interest Rates and Interest Payment Dates. (a) Each Note will bear interest at the rate of ___% per annum (the "Coupon Rate") from the original date of issuance until the principal thereof becomes due and payable, and on any overdue principal and (to the extent that payment of such interest is enforceable under applicable law) on any overdue installment of interest at the Coupon Rate, compounded quarterly, payable (subject to the provisions of Section 206) quarterly in arrears on ___________, ____________, ____________and _____________ of each year (each, an "Interest Payment Date"), commencing on _______________ ___, 20__, to the Person in whose name such Note or any predecessor Note is registered at the close of business on the Regular Record Date for such interest installment, which, with respect to (i) Notes of which the LLC or the Property Trustee is the Holder and the Company Preferred Securities or the Trust Preferred Securities are in book-entry only form or (ii) a Global Note, shall be the close of business on the Business Day next preceding that Interest Payment Date. Notwithstanding the foregoing sentence, if (x) the Notes are held by the LLC or the Property Trustee , the Company Preferred Securities are not held in book-entry form and the Trust Preferred Securities are no longer in book-entry only form or (y) the Notes are not represented by a Global Note, the Company may select a Regular Record Date for such interest installment which shall be fifteen (15) days before an Interest Payment Date.
Interest Rates and Interest Payment Dates. (a) (i) Each LIBO Rate Loan shall bear interest on the unpaid principal amount thereof, for the period from (and including) the day such Loan is made or converted into a LIBO Rate Loan to, but excluding, the day such Loan is paid at a rate per annum equal to the LIBO Rate determined for the Interest Period then in effect, plus the Applicable Margin and (ii) each Base Rate Loan shall bear interest on the unpaid principal amount thereof, for the period from (and including) the day such Loan is made or converted into a Base Rate Loan to, but excluding, the day such Loan is paid, at a rate per annum equal to the Base Rate plus the Applicable Margin.
Interest Rates and Interest Payment Dates. (a) Each Term SOFR Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Adjusted Term SOFR determined for such day plus the Applicable Margin.
Interest Rates and Interest Payment Dates. (a) The outstanding principal amount of each Loan shall bear interest from the date such Loan is made to the date the principal amount of such Loan is repaid in full at a fluctuating rate per annum equal to the Base Rate plus one-half of one percent (0.50%) per annum. The Base Rate shall be determined on a daily basis.
Interest Rates and Interest Payment Dates. (a) Each Note and any overdue principal and (to the extent that payment of such interest is enforceable under applicable law) any overdue installment of interest will bear interest at the rate of 5.11% per annum (the "Coupon Rate") from the original date of issuance until October 15, 2004, and, if there has been a successful Remarketing, at the Reset Rate thereafter until the principal thereof becomes due and payable, compounded quarterly, payable (subject to the provisions of Section 206) quarterly in arrears on January 15, April 15, July 15 and October 15 of each year (each an "Interest Payment Date"), commencing on April 15, 2002, to the Person in whose name such Note or any predecessor Note is registered at the close of business on the Regular Record Date for such interest installment, which, with respect to (i) Notes of which the LLC or the Property Trustee is the Holder and the Company Preferred Securities or the Trust Preferred Securities are in book-entry only form or (ii) a Global Note, shall be the close of business on the Business Day next preceding that Interest Payment Date. Notwithstanding the foregoing sentence, if (x) the Notes are held by the LLC or the Property Trustee, the Company Preferred Securities are not held in book-entry form and the Trust Preferred Securities are no longer in book-entry only form or (y) the Notes are not represented by a Global Note, TECO may select a Regular Record Date for such interest installment which shall be fifteen (15) days before an Interest Payment Date.
Interest Rates and Interest Payment Dates. (a) All Notes will bear interest from April 10, 2015 or the last date to which interest has been paid or duly provided for at the rates set quarterly pursuant to this Section 205(a), payable quarterly in arrears on each Interest Payment Date commencing July 10, 2015; provided, however, in the event that any Interest Payment Date (other than the Interest Payment Date that is the Stated Maturity of the principal of the Notes) would otherwise be a day that is not a Business Day, such Interest Payment Date will be postponed to the next succeeding Business Day. Such interest will be payable to the Holder of the Notes as of the related Record Date.
