Common use of Payment of Senior Notes Clause in Contracts

Payment of Senior Notes. Subject to Section 1 of the Senior Notes, the Issuers shall pay the principal of, premium, if any, and interest in cash on the Senior Notes from the Issue Date, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually in arrears on each Interest Payment Date and in the manner provided in the Senior Notes at a rate per annum of 9.5% until the principal hereof shall have become due and payable, and in cash on any overdue principal and (without duplication and to the extent that payment of such interest is enforceable under applicable law) on any overdue installment of interest at the same rate per annum compounded semi-annually. The amount of interest payable on any Interest Payment Date shall be computed on the basis of the actual number of days elapsed and a 360-day year.

Payment of Senior Notes. Subject to Section 1 of the Senior Notes, the Issuers Issuer shall pay the principal of, premium, if any, of and interest in cash on the Senior Notes from the Issue Date, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually in arrears on each Interest Payment Date and in the manner provided in the Senior Notes at a rate per annum of 9.57.0% until the principal hereof shall have become due and payable, and in cash on any overdue principal and (without duplication and to the extent that payment of such interest is enforceable under applicable law) on any overdue installment of interest at the same a rate per annum of 9.0% compounded semi-annually. The amount of interest payable on any Interest Payment Date shall be computed on the basis of the actual number of days elapsed and a 360-day year.