Common use of Payment of Interest; Defaulted Interest Clause in Contracts

Payment of Interest; Defaulted Interest. Interest (including any Additional Interest) on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name such Security (or one or more predecessor Securities) is registered at the close of business on the Regular Record Date for such payment at the office or agency of the Company maintained for such purpose pursuant to Section 2.05. Any interest on any Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days, shall forthwith cease to be payable to the Holder on the Regular Record Date, and such interest and (to the extent lawful) interest on such interest at the rate borne by the Securities (such interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Company at its election, in each case, as provided in clause (a) or (b) below:

Payment of Interest; Defaulted Interest. Interest (including any Additional and Special Interest) , if any, on any Security Note which is payable, and is punctually paid or duly provided for, on any Interest Payment Date interest payment date shall be paid to the Person in whose name such Security Note (or one or more predecessor SecuritiesNotes) is registered at the close of business on the Regular Record Date regular record date for such payment interest at the office or agency of the Company maintained for such purpose pursuant to Section 2.052.3. Any interest and Special Interest, if any, on any Security Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days, days shall forthwith cease to be payable to the Holder on the Regular Record Dateregular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by provided for in the Securities Notes therefor (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Company Company, at its election, election in each case, as provided in clause (a) or (b) below:

Payment of Interest; Defaulted Interest. Interest (including any Additional Interest) on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date interest payment date shall be paid to the Person in whose name such Security (or one or more predecessor Securities) is registered at the close of business on the Regular Record Date for such payment at the office or agency of the Company maintained for such purpose pursuant to Section 2.05. Any interest on any Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days, shall forthwith cease to be payable to the Holder on the Regular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Securities (such defaulted interest and interest thereon herein collectively called “"Defaulted Interest”") shall be paid by the Company Company, at its election, election in each case, as provided in clause (a) or (b) below:

Payment of Interest; Defaulted Interest. Interest (including any and Additional Interest) , if any, on any Security Note which is payable, and is punctually paid or duly provided for, on any Interest Payment Date interest payment date shall be paid to the Person in whose name such Security Note (or one or more predecessor SecuritiesNotes) is registered at the close of business on the Regular Record Date regular record date for such payment interest at the office or agency of the Company maintained for such purpose pursuant to Section 2.052.3. Any interest and Additional Interest, if any, on any Security Note which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days, days shall forthwith cease to be payable to the Holder on the Regular Record Dateregular record date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Securities Notes (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Company Company, at its election, election in each case, as provided in clause (a) or (b) below:

Payment of Interest; Defaulted Interest. Interest (including any Additional Interest) on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name such Security (or one or more predecessor Securities) is registered at the close of business on the Regular Record Date for such payment at the office or agency of the Company maintained for such purpose pursuant to Section 2.05. Any interest on any Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days, shall forthwith cease to be payable to the Holder on the Regular Record Date, and such interest and (to the extent lawful) interest on such interest at the rate borne by the Securities (such interest and interest thereon herein collectively called “Defaulted Interest”"DEFAULTED INTEREST") shall be paid by the Company at its election, in each case, as provided in clause (a) or (b) below:

Payment of Interest; Defaulted Interest. Interest (including any Additional Interest) on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date interest payment date shall be paid to the Person in whose name such Security (or one or more predecessor Securities) is registered at the close of business on the Regular Record Date for such payment at the office or agency of the Company maintained for such purpose pursuant to Section 2.05. Any interest on any Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days, shall forthwith cease to be payable to the Holder on the Regular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Company Company, at its election, election in each case, as provided in clause (a) or (b) below:

Payment of Interest; Defaulted Interest. Interest (including any Additional InterestContingent Interest and Liquidated Damages) on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date interest payment date shall be paid to the Person in whose name such Security (or one or more predecessor Securities) is registered at the close of business on the Regular Record Date for such payment at the office or agency of the Company maintained for such purpose pursuant to Section 2.05. Any interest on any Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days, shall forthwith cease to be payable to the Holder on the Regular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”"DEFAULTED INTEREST") shall be paid by the Company Company, at its election, election in each case, as provided in clause (a) or (b) below:

Payment of Interest; Defaulted Interest. Interest (including any Additional Interest) on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date interest payment date shall be paid to the Person in whose name such Security (or one or more predecessor Securities) is registered at the close of business on the Regular Record Date for such payment at the office or agency of the Company maintained for such purpose pursuant to Section 2.05. Any interest on any Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days, shall forthwith cease to be payable to the Holder on the Regular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Company at its election, in each case, as provided in clause (a) or (b) below:

Payment of Interest; Defaulted Interest. Interest (including any Additional Interest) on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name such Security (or one or more predecessor Securities) is registered at the close of business on the Regular regular Interest Record Date for such payment at the office or agency of the Company maintained for such purpose pursuant to Section 2.052.3. Any interest on any Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days, days shall forthwith cease to be payable to the Holder on the Regular regular Interest Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Company Company, at its election, election in each case, as provided in clause (a) or (b) below:

Payment of Interest; Defaulted Interest. Interest (including any Additional Interest) on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date interest payment date shall be paid to the Person in whose name such Security (or one or more predecessor Securities) is registered at the close of business on the Regular Record Date for such payment at the office or agency of the Company maintained for such purpose pursuant to Section 2.052.5. Any interest on any Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days, days shall forthwith cease to be payable to the Holder on the Regular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest at the rate borne by the Securities (such defaulted interest and interest thereon herein collectively called “Defaulted Interest”) shall be paid by the Company Company, at its election, election in each case, as provided in clause (a) or (b) below:

Payment of Interest; Defaulted Interest. Interest (including any Additional Contingent Interest) on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date interest payment date shall be paid to the Person in whose name such Security (or one or more predecessor Securities) is registered at the close of business on the Regular Record Date for such payment at the office or agency of the Company maintained for such purpose pursuant to Section 2.052.5 . Any interest (including any Contingent Interest) on any Security which is payable, but is not paid when the same becomes due and payable and such nonpayment continues for a period of 30 days, days shall forthwith cease to be payable to the Holder on the Regular Record Date, and such defaulted interest and (to the extent lawful) interest on such defaulted interest (including any Contingent Interest) at the rate borne by the Securities (such defaulted interest (including any Contingent Interest) and interest thereon herein collectively called ““ Defaulted InterestInterest ”) shall be paid by the Company Company, at its election, election in each case, as provided in clause (a) or (b) below: