Common use of Interest Rates; Stated Maturities Clause in Contracts

Interest Rates; Stated Maturities. (a) The 2029 Notes issued pursuant to this Fourth Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from November 4, 2019 at the rate of 2.550% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from November 4, 2019, 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 May 1 and November 1, commencing on May 1, 2020; and the record date for the interest payable on any Interest Payment Date is the close of business on the April 15 or October 15, as the case may be, next preceding the relevant Interest Payment Date. The 2029 Notes shall have a Stated Maturity of November 1, 2029. (b) The 2049 Notes issued pursuant to this Fourth Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from November 4, 2019 at the rate of 3.400% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from November 4, 2019, 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 May 1 and November 1, commencing on May 1, 2020; and the record date for the interest payable on any Interest Payment Date is the close of business on the April 15 or October 15, as the case may be, next preceding the relevant Interest Payment Date. The 2049 Notes shall have a Stated Maturity of November 1, 2049.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Norfolk Southern Corp)

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Interest Rates; Stated Maturities. (a) The 2029 2031 Notes issued pursuant to this Fourth Sixth Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from November 4May 12, 2019 2021 at the rate of 2.5502.300% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from November 4May 12, 20192021, 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 May 1 15 and November 115, commencing on May 1November 15, 20202021; and the record date for the interest payable on any Interest Payment Date is the close of business on the April 15 May 1 or October 15November 1, as the case may be, next preceding the relevant Interest Payment Date. The 2029 2031 Notes shall have a Stated Maturity of November 1May 15, 20292031. (b) The 2049 2121 Notes issued pursuant to this Fourth Sixth Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from November 4May 12, 2019 2021 at the rate of 3.4004.100% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from November 4May 12, 20192021, 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 May 1 15 and November 115, commencing on May 1November 15, 20202021; and the record date for the interest payable on any Interest Payment Date is the close of business on the April 15 May 1 or October 15November 1, as the case may be, next preceding the relevant Interest Payment Date. The 2049 2121 Notes shall have a Stated Maturity of November 1May 15, 20492121.

Appears in 1 contract

Samples: Supplemental Indenture (Norfolk Southern Corp)

Interest Rates; Stated Maturities. (a) The 2029 2030 Notes issued pursuant to this Fourth Eleventh Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from November 4August 2, 2019 2023 at the rate of 2.5505.050% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from November 4August 2, 20192023, 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 May February 1 and November August 1, commencing on May February 1, 20202024; and the record date for the interest payable on any Interest Payment Date is the close of business on the April January 15 or October July 15, as the case may be, next preceding the relevant Interest Payment Date. The 2029 2030 Notes shall have a Stated Maturity of November August 1, 20292030. (b) The 2049 2054 Notes issued pursuant to this Fourth Eleventh Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from November 4August 2, 2019 2023 at the rate of 3.4005.350% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from November 4August 2, 20192023, 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 May February 1 and November August 1, commencing on May February 1, 20202024; and the record date for the interest payable on any Interest Payment Date is the close of business on the April January 15 or October July 15, as the case may be, next preceding the relevant Interest Payment Date. The 2049 2054 Notes shall have a Stated Maturity of November 1August 1 , 20492054.

Appears in 1 contract

Samples: Eleventh Supplemental Indenture (Norfolk Southern Corp)

Interest Rates; Stated Maturities. (a) The 2029 2034 Notes issued pursuant to this Fourth Twelfth Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from November 422, 2019 2023 at the rate of 2.5505.550% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from November 422, 20192023, 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 May 1 March 15 and November 1September 15, commencing on May 1March 15, 20202024; and the record date for the interest payable on any Interest Payment Date is the close of business on the April 15 March 1 or October 15September 1, as the case may be, next preceding the relevant Interest Payment Date. The 2029 2034 Notes shall have a Stated Maturity of November 1March 15, 20292034. (b) The 2049 2064 Notes issued pursuant to this Fourth Twelfth Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from November 422, 2019 2023 at the rate of 3.4005.950% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from November 422, 20192023, 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 May 1 March 15 and November 1September 15, commencing on May 1March 15, 20202024; and the record date for the interest payable on any Interest Payment Date is the close of business on the April 15 March 1 or October 15September 1, as the case may be, next preceding the relevant Interest Payment Date. The 2049 2064 Notes shall have a Stated Maturity of November 1March 15, 20492064.

Appears in 1 contract

Samples: Twelfth Supplemental Indenture (Norfolk Southern Corp)

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Interest Rates; Stated Maturities. (a) The 2029 2025 Notes issued pursuant to this Fourth Second Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from November 4August 2, 2019 2018 at the rate of 2.5503.650% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from November 4August 2, 20192018, 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 May February 1 and November August 1, commencing on May February 1, 20202019; and the record date for the interest payable on any Interest Payment Date is the close of business on the April January 15 or October July 15, as the case may be, next preceding the relevant Interest Payment Date. The 2029 2025 Notes shall have a Stated Maturity of November August 1, 20292025. (b) The 2049 2028 Notes issued pursuant to this Fourth Second Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from November 4August 2, 2019 2018 at the rate of 3.4003.800% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from November 4August 2, 20192018, 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 May February 1 and November August 1, commencing on May February 1, 20202019; and the record date for the interest payable on any Interest Payment Date is the close of business on the April January 15 or October July 15, as the case may be, next preceding the relevant Interest Payment Date. The 2049 2028 Notes shall have a Stated Maturity of November August 1, 20492028. (c) The 2118 Notes issued pursuant to this Second Supplemental Indenture shall bear interest (computed on the basis of a 360-day year consisting of twelve 30-day months) from August 2, 2018 at the rate of 5.100% per annum payable semiannually in arrears; interest payable on each Interest Payment Date shall include interest accrued from August 2, 2018, 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, 2019; 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 2118 Notes shall have a Stated Maturity of August 1, 2118.

Appears in 1 contract

Samples: Second Supplemental Indenture (Norfolk Southern Corp)

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