Common use of Notification of Rate of Interest and Interest Amounts Clause in Contracts

Notification of Rate of Interest and Interest Amounts. The Agent will cause the Rate of Interest and each Interest Amount for each Interest Period and the relevant Interest Payment Date to be notified to the Issuer and any stock exchange on which the relevant Floating Rate Notes are for the time being listed (by no later than the first day of each Interest Period) and notice thereof to be published in accordance with Condition 13 as soon as possible after their determination but in no event later than the fourth Luxembourg Business Day thereafter. Each Interest Amount and Interest Payment Date so notified may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without prior notice in the event of an extension or shortening of the Interest Period. Any such amendment will be promptly notified to

Appears in 5 contracts

Samples: Euro Medium Term Note Programme, Euro Medium Term Note Programme, Euro Medium Term Note Programme

AutoNDA by SimpleDocs

Notification of Rate of Interest and Interest Amounts. The Agent will cause the Rate of Interest and each Interest Amount for each Interest Period and the relevant Interest Payment Date to be notified to the Issuer and the Luxembourg Stock Exchange or any other stock exchange on which the relevant Floating Rate Notes are for the time being listed (by no later than the first day of each Interest Period) and notice thereof to be published in accordance with Condition 13 15 as soon as possible after their determination determination, but in no event later than the fourth Luxembourg London Business Day (as defined below) thereafter. Each Interest Amount and Interest Payment Date so notified may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without prior notice in the event of an extension or shortening of the Interest Period. Any such amendment will be promptly notified toto the Issuer, the Luxembourg Stock Exchange or any other stock exchange on which the Notes are for the time being listed and to the Noteholders in accordance with Condition 15.

Appears in 1 contract

Samples: Fiscal Agency Agreement (Northern Trust Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!