Common use of Payments of interest on the Securities Clause in Contracts

Payments of interest on the Securities. shall include interest accrued to but excluding the respective Interest Payment Dates. The amount of interest payable for any interest period shall be computed and paid on the basis of a 360-day year and the actual number of days elapsed in the relevant interest period.

Payments of interest on the Securities. shall include interest accrued to but excluding the respective Interest Payment Dates. The amount of interest payable Interest payments for any interest period the Securities shall be computed and paid on the basis of a 360-day year and the actual number of days elapsed in the relevant interest period.

Payments of interest on the Securities. shall include interest accrued to but excluding the respective Interest Payment Dates. The amount of interest payable Interest payments for any interest period the Securities shall be computed and paid on the basis of a 360-day year and the actual number of days elapsed in the relevant interest period. The amount of interest payable for any full interest period shall be computed by dividing the applicable rate per annum by four.

Payments of interest on the Securities. shall include interest accrued to but excluding the respective Interest Payment Dates. The amount of interest payable for any interest period shall be computed and paid on the basis of a 360-day year and the actual number of days elapsed in the relevant interest period, computed by dividing the actual number of days elapsed in the period by 360 and multiplying the result by the applicable per annum rate in effect for the period.