Common use of Interest Rates; Stated Maturities Clause in Contracts

Interest Rates; Stated Maturities. (a) The 2030 Notes issued pursuant to this Eleventh Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from August 2, 2023 at the rate of 5.050% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from August 2, 2023, or from the most recent date to which interest has been paid or duly provided for; the Interest Payment Dates on which such interest shall be payable are February 1 and August 1, commencing on February 1, 2024; and the record date for the interest payable on any Interest Payment Date is the close of business on January 15 or July 15, as the case may be, next preceding the relevant Interest Payment Date. The 2030 Notes shall have a Stated Maturity of August 1, 2030.

Appears in 1 contract

Samples: Eleventh Supplemental Indenture (Norfolk Southern Corp)

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Interest Rates; Stated Maturities. (a) The 2030 2025 Notes issued pursuant to this Eleventh Second Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from August 2, 2023 2018 at the rate of 5.0503.650% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from August 2, 20232018, or from the most recent date to which interest has been paid or duly provided for; the Interest Payment Dates on which such interest shall be payable are February 1 and August 1, commencing on February 1, 20242019; and the record date for the interest payable on any Interest Payment Date is the close of business on the January 15 or July 15, as the case may be, next preceding the relevant Interest Payment Date. The 2030 2025 Notes shall have a Stated Maturity of August 1, 20302025.

Appears in 1 contract

Samples: Supplemental Indenture (Norfolk Southern Corp)

Interest Rates; Stated Maturities. (a) The 2030 2031 Notes issued pursuant to this Eleventh Sixth Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from August 2May 12, 2023 2021 at the rate of 5.0502.300% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from August 2May 12, 20232021, or from the most recent date to which interest has been paid or duly provided for; the Interest Payment Dates on which such interest shall be payable are February 1 May 15 and August 1November 15, commencing on February 1November 15, 20242021; and the record date for the interest payable on any Interest Payment Date is the close of business on January 15 the May 1 or July 15November 1, as the case may be, next preceding the relevant Interest Payment Date. The 2030 2031 Notes shall have a Stated Maturity of August 1May 15, 20302031.

Appears in 1 contract

Samples: Sixth Supplemental Indenture (Norfolk Southern Corp)

Interest Rates; Stated Maturities. (a) The 2030 2029 Notes issued pursuant to this Eleventh Fourth Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from August 2November 4, 2023 2019 at the rate of 5.0502.550% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from August 2November 4, 20232019, or from the most recent date to which interest has been paid or duly provided for; the Interest Payment Dates on which such interest shall be payable are February May 1 and August November 1, commencing on February May 1, 20242020; and the record date for the interest payable on any Interest Payment Date is the close of business on January the April 15 or July October 15, as the case may be, next preceding the relevant Interest Payment Date. The 2030 2029 Notes shall have a Stated Maturity of August November 1, 20302029.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Norfolk Southern Corp)

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Interest Rates; Stated Maturities. (a) The 2030 2034 Notes issued pursuant to this Eleventh Twelfth Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from August 2November 22, 2023 at the rate of 5.0505.550% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from August 2November 22, 2023, or from the most recent date to which interest has been paid or duly provided for; the Interest Payment Dates on which such interest shall be payable are February 1 March 15 and August 1September 15, commencing on February 1March 15, 2024; and the record date for the interest payable on any Interest Payment Date is the close of business on January 15 March 1 or July 15September 1, as the case may be, next preceding the relevant Interest Payment Date. The 2030 2034 Notes shall have a Stated Maturity of August 1March 15, 20302034.

Appears in 1 contract

Samples: Supplemental Indenture (Norfolk Southern Corp)

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