Common use of Maturity and Interest Clause in Contracts

Maturity and Interest. (i) The 2013 Notes shall mature on, and the date on which the principal of the 2013 Notes shall be payable (unless earlier redeemed) shall be, February 15, 2013; (ii) the interest rate at which the 2013 Notes shall bear interest shall be 5.50% per annum; provided, however, that the Special Interest Premium shall accrue on the 2013 Notes under certain circumstances as provided in clause (iii) below; interest shall accrue from the date of authentication of the 2013 Notes; the Interest Payment Dates on which such interest will be payable shall be February 15 and August 15, and the Regular Record Date for the determination of holders to whom interest is payable on any such Interest Payment Date shall be the January 31 or July 31 preceding the relevant Interest Payment Date; provided that the first Interest Payment Date shall be August 15, 2003 and interest payable on the Stated Maturity or any redemption date shall be paid to the Person to whom principal shall be paid; each payment of interest shall include interest accrued through the day before the Interest Payment Date; (iii) Special Interest Premium shall accrue on the Transfer Restricted Securities over and above the interest rate set forth herein in accordance with Section 2(e) of the Registration Rights Agreement.

Appears in 2 contracts

Samples: First Supplemental Indenture (Aep Texas Central Co), First Supplemental Indenture (Aep Texas Central Co)

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Maturity and Interest. (i) The 2013 Series I Notes shall mature on, and the date on which the principal of the 2013 Series I Notes shall be payable (unless earlier redeemed) shall be, February be July 15, 20132033; (ii) the The interest rate at which the 2013 Series I Notes shall bear interest shall be 5.506.375% per annum; provided, however, that the Special Interest Premium a special interest premium shall accrue on the 2013 Series I Notes under certain circumstances as provided in clause (iii) below; interest shall accrue from the date of authentication of the 2013 Series I Notes; the Interest Payment Dates on which such interest will be payable shall be February January 15 and August July 15, and the Regular Record Date for the determination of holders to whom interest is payable on any such Interest Payment Date shall be the January 31 1 or July 31 1 preceding the relevant Interest Payment Date; provided that the first Interest Payment Date shall be August January 15, 2003 2004 and interest payable on the Stated Maturity or any redemption date shall be paid to the Person to whom principal shall be paid; each payment of interest shall include interest accrued through the day before the Interest Payment Date; (iii) Special Interest Premium interest premium shall accrue on the Transfer Restricted Securities Series I Notes over and above the interest rate set forth herein in accordance with Section 2(e) of the Registration Rights Agreement2.08.

Appears in 2 contracts

Samples: Second Supplemental Indenture (Ohio Power Co), Second Supplemental Indenture (Ohio Power Co)

Maturity and Interest. (i) The 2013 Series H Notes shall mature on, and the date on which the principal of the 2013 Series H Notes shall be payable (unless earlier redeemed) shall be, February be January 15, 20132014; (ii) the The interest rate at which the 2013 Series H Notes shall bear interest shall be 5.504.85% per annum; provided, however, that the Special Interest Premium a special interest premium shall accrue on the 2013 Series H Notes under certain circumstances as provided in clause (iii) below; interest shall accrue from the date of authentication of the 2013 Series H Notes; the Interest Payment Dates on which such interest will be payable shall be February January 15 and August July 15, and the Regular Record Date for the determination of holders to whom interest is payable on any such Interest Payment Date shall be the January 31 1 or July 31 1 preceding the relevant Interest Payment Date; provided that the first Interest Payment Date shall be August January 15, 2003 2004 and interest payable on the Stated Maturity or any redemption date shall be paid to the Person to whom principal shall be paid; each payment of interest shall include interest accrued through the day before the Interest Payment Date; (iii) Special Interest Premium interest premium shall accrue on the Transfer Restricted Securities Series H Notes over and above the interest rate set forth herein in accordance with Section 2(e) of the Registration Rights Agreement2.08.

Appears in 2 contracts

Samples: First Supplemental Indenture (Ohio Power Co), First Supplemental Indenture (Ohio Power Co)

Maturity and Interest. (i) The 2013 Notes shall mature on, and the date on which the principal of the 2013 Notes shall be payable (unless earlier redeemed) shall be, February 15March 1, 2013; (ii) the interest rate at which the 2013 Notes shall bear interest shall be 5.50% per annum; provided, however, that the Special Interest Premium shall accrue on the 2013 Notes under certain circumstances as provided in clause (iii) below; interest shall accrue from the date of authentication of the 2013 Notes; the Interest Payment Dates on which such interest will be payable shall be February 15 March 1 and August 15September 1, and the Regular Record Date for the determination of holders to whom interest is payable on any such Interest Payment Date shall be the January 31 February 15 or July 31 August 15 preceding the relevant Interest Payment Date; provided that the first Interest Payment Date shall be August 15September 1, 2003 and interest payable on the Stated Maturity or any redemption date shall be paid to the Person to whom principal shall be paid; each payment of interest shall include interest accrued through the day before the Interest Payment Date; (iii) Special Interest Premium shall accrue (a) on the Transfer Restricted Securities over and above the interest rate set forth herein in accordance with Section 2(e) of the Registration Rights Agreement and (b) on the 2013 Notes over and above the interest rate set forth herein in accordance with Section 7(d) or 7(e), as the case may be, of the Registration Rights Agreement.

Appears in 2 contracts

Samples: First Supplemental Indenture (Columbus Southern Power Co /Oh/), First Supplemental Indenture (Columbus Southern Power Co /Oh/)

Maturity and Interest. (i) The 2013 2033 Notes shall mature on, and the date on which the principal of the 2013 2033 Notes shall be payable (unless earlier redeemed) shall be, February 15March 1, 20132033; (ii) the interest rate at which the 2013 2033 Notes shall bear interest shall be 5.506.60% per annum; provided, however, that the Special Interest Premium shall accrue on the 2013 2033 Notes under certain circumstances as provided in clause (iii) below; interest shall accrue from the date of authentication of the 2013 2033 Notes; the Interest Payment Dates on which such interest will be payable shall be February 15 March 1 and August 15September 1, and the Regular Record Date for the determination of holders to whom interest is payable on any such Interest Payment Date shall be the January 31 February 15 or July 31 August 15 preceding the relevant Interest Payment Date; provided that the first Interest Payment Date shall be August 15September 1, 2003 and interest payable on the Stated Maturity or any redemption date shall be paid to the Person to whom principal shall be paid; each payment of interest shall include interest accrued through the day before the Interest Payment Date; (iii) Special Interest Premium shall accrue (a) on the Transfer Restricted Securities over and above the interest rate set forth herein in accordance with Section 2(e) of the Registration Rights Agreement and (b) on the 2033 Notes over and above the interest rate set forth herein in accordance with Section 7(d) or 7(e), as the case may be, of the Registration Rights Agreement.

Appears in 2 contracts

Samples: Second Supplemental Indenture (Columbus Southern Power Co /Oh/), Second Supplemental Indenture (Columbus Southern Power Co /Oh/)

Maturity and Interest. (i) The 2013 2005 Notes shall mature on, and the date on which the principal of the 2013 2005 Notes shall be payable (unless earlier redeemed) shall be, February 15, 20132005; (ii) the interest rate at which the 2013 2005 Notes shall bear interest shall be 5.503.00% per annum; provided, however, that the Special Interest Premium shall accrue on the 2013 2005 Notes under certain circumstances as provided in clause (iii) below; interest shall accrue from the date of authentication of the 2013 2005 Notes; the Interest Payment Dates on which such interest will be payable shall be February 15 and August 15, and the Regular Record Date for the determination of holders to whom interest is payable on any such Interest Payment Date shall be the January 31 or July 31 preceding the relevant Interest Payment Date; provided that the first Interest Payment Date shall be August 15, 2003 and interest payable on the Stated Maturity or any redemption date shall be paid to the Person to whom principal shall be paid; each payment of interest shall include interest accrued through the day before the Interest Payment Date; (iii) Special Interest Premium shall accrue on the Transfer Restricted Securities over and above the interest rate set forth herein in accordance with Section 2(e) of the Registration Rights Agreement.

Appears in 2 contracts

Samples: Third Supplemental Indenture (Aep Texas Central Co), Third Supplemental Indenture (Aep Texas Central Co)

Maturity and Interest. (i) The 2013 Notes shall mature on, and the date on which the principal of the 2013 Notes shall be payable (unless earlier redeemed) shall be, February 15March 1, 2013; (ii) the interest rate at which the 2013 Notes shall bear interest shall be 5.50% per annum; provided, however, that the Special Interest Premium shall accrue on the 2013 Notes under certain circumstances as provided in clause (iii) below; interest shall accrue from the date of authentication of the 2013 Notes; the Interest Payment Dates on which such interest will be payable shall be February 15 March 1 and August 15September 1, and the Regular Record Date for the determination of holders to whom interest is payable on any such Interest Payment Date shall be the January 31 February 15 or July 31 August 15 preceding the relevant Interest Payment Date; provided that the first Interest Payment Date shall be August 15September 1, 2003 and interest payable on the Stated Maturity or any redemption date shall be paid to the Person to whom principal shall be paid; each payment of interest shall include interest accrued through the day before the Interest Payment Date; (iii) Special Interest Premium shall accrue on the Transfer Restricted Securities over and above the interest rate set forth herein in accordance with Section 2(e) of the Registration Rights Agreement.

Appears in 2 contracts

Samples: First Supplemental Indenture (Aep Texas North Co), First Supplemental Indenture (Aep Texas North Co)

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Maturity and Interest. (i) The 2013 2033 Notes shall mature on, and the date on which the principal of the 2013 2033 Notes shall be payable (unless earlier redeemed) shall be, February 15, 20132033; (ii) the interest rate at which the 2013 2033 Notes shall bear interest shall be 5.506.65% per annum; provided, however, that the Special Interest Premium shall accrue on the 2013 2033 Notes under certain circumstances as provided in clause (iii) below; interest shall accrue from the date of authentication of the 2013 Notes; the Interest Payment Dates on which such interest will be payable shall be February 15 and August 15, and the Regular Record Date for the determination of holders to whom interest is payable on any such Interest Payment Date shall be the January 31 or July 31 preceding the relevant Interest Payment Date; provided that the first Interest Payment Date shall be August 15, 2003 and interest payable on the Stated Maturity or any redemption date shall be paid to the Person to whom principal shall be paid; each payment of interest shall include interest accrued through the day before the Interest Payment Date; (iii) Special Interest Premium shall accrue on the Transfer Restricted Securities over and above the interest rate set forth herein in accordance with Section 2(e) of the Registration Rights Agreement.

Appears in 1 contract

Samples: Second Supplemental Indenture (Aep Texas Central Co)

Maturity and Interest. (i) The 2013 2033 Notes shall mature on, and the date on which the principal of the 2013 2033 Notes shall be payable (unless earlier redeemed) shall be, February 15, 20132033; (ii) the interest rate at which the 2013 2033 Notes shall bear interest shall be 5.506.65% per annum; provided, however, that the Special Interest Premium shall accrue on the 2013 2033 Notes under certain circumstances as provided in clause (iii) below; interest shall accrue from the date of authentication of the 2013 2033 Notes; the Interest Payment Dates on which such interest will be payable shall be February 15 and August 15, and the Regular Record Date for the determination of holders to whom interest is payable on any such Interest Payment Date shall be the January 31 or July 31 preceding the relevant Interest Payment Date; provided that the first Interest Payment Date shall be August 15, 2003 and interest payable on the Stated Maturity or any redemption date shall be paid to the Person to whom principal shall be paid; each payment of interest shall include interest accrued through the day before the Interest Payment Date; (iii) Special Interest Premium shall accrue on the Transfer Restricted Securities over and above the interest rate set forth herein in accordance with Section 2(e) of the Registration Rights Agreement.

Appears in 1 contract

Samples: Second Supplemental Indenture (Aep Texas Central Co)

Maturity and Interest. (i) The 2013 Series E Notes shall mature on, and the date on which the principal of the 2013 Series E Notes shall be payable (unless earlier redeemed) shall bebe December 1, February 15, 20132010; (ii) the The interest rate at which the 2013 Series E Notes shall bear interest shall be 5.504.40% per annum; provided, however, that the Special Interest Premium a special interest premium shall accrue on the 2013 Series E Notes under certain circumstances as provided in clause (iii) below; interest shall accrue from the date of authentication of the 2013 Series E Notes; the Interest Payment Dates on which such interest will be payable shall be February 15 June 1 and August 15December 1, and the Regular Record Date for the determination of holders to whom interest is payable on any such Interest Payment Date shall be the January 31 May 15 or July 31 November 15 preceding the relevant Interest Payment Date; provided that the first Interest Payment Date shall be August 15June 1, 2003 2004 and interest payable on the Stated Maturity or any redemption date shall be paid to the Person to whom principal shall be paid; each payment of interest shall include interest accrued through the day before the Interest Payment Date; (iii) Special Interest Premium interest premium shall accrue on the Transfer Restricted Securities Series E Notes over and above the interest rate set forth herein in accordance with Section 2(e) of the Registration Rights Agreement2.08 hereof.

Appears in 1 contract

Samples: First Supplemental Indenture (Columbus Southern Power Co /Oh/)

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