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

Notification of Rate of Interest and Interest Amounts. The Calculation 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 Variable Interest Notes are for the time being listed (by no later than the first day of each Interest Period or if that is impracticable, as soon as reasonably practicable upon the determination of such Rate of Interest and Interest Amount). Each Interest Amount and Interest Payment Date 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.

Appears in 5 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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