Common use of The Interest Clause in Contracts

The Interest. The unpaid principal balance of the Series B Bonds shall bear varying annual interest on the basis of the rate of the Libor interest plus 2.65% (hereinafter: the "INTEREST RATE"). The interest shall be linked to the Representative Rate of the Dollar, in accordance with the linkage terms as set out in section 5 below. The Company shall give notice on the first day of each Interest Period, as defined below, (namely, on August 21 and on February 21 of each of the years 2006 to 2014) of the interest rate for the Interest Period commencing on such date. The interest shall be paid on the 20th of August and on the 20th of February, for the six months ending on the date of each said payment (hereinafter: the "Interest Period"), commencing from August 20, 2006 to February 20, 2014, on the unpaid balance from time to time of the amount of the Principal in that Interest Period. Subject to the other terms of the Bonds, the Company shall pay said interest to whomsoever shall be the registered holders of the Bonds in the Register, at the end of the 8th of August and at the end of the 8th of February of each year preceding the date of remittance of said payment, respectively. The first payment of the interest shall be made on August 20, 2006 for the period commencing from February 23, 2006 and ending on August 20, 2006, when the Interest Rate in respect of this period shall be 3.722% (namely, 7.59% in annual terms). The last payment of the interest shall be made on February 20, 2014, together with the last payment on account of the Principal, against the return of the Bond Certificates to the Company.

The Interest. The unpaid principal balance of the Series B Bonds shall bear varying annual interest on the basis of the rate of the Libor interest plus 2.65% (hereinafter: the "INTEREST RATEInterest Rate"). The interest shall be linked to the Representative Rate of the Dollar, in accordance with the linkage terms as set out in section 5 below. The Company shall give notice on the first day of each Interest Period, as defined below, (namely, on August 21 and on February 21 of each of the years 2006 to 2014) of the interest rate for the Interest Period commencing on such date. The interest shall be paid on the 20th of August and on the 20th of February, for the six months ending on the date of each said payment (hereinafter: the "Interest Period"), commencing from August 20, 2006 to February 20, 2014, on the unpaid balance from time to time of the amount of the Principal in that Interest Period. Subject to the other terms of the Bonds, the Company shall pay said interest to whomsoever shall be the registered holders of the Bonds in the Register, at the end of the 8th of August and at the end of the 8th of February of each year preceding the date of remittance of said payment, respectively. The first payment of the interest shall be made on August 20, 2006 for the period commencing from February 23, 2006 and ending on August 20, 2006, when the Interest Rate in respect of this period shall be 3.722% (namely, 7.59% in annual terms). The last payment of the interest shall be made on February 20, 2014, together with the last payment on account of the Principal, against the return of the Bond Certificates to the Company.

The Interest. The unpaid principal outstanding balance of the Series B Bonds Bond Principal shall bear varying annual interest on the basis of at the rate of the Libor interest plus 2.653.4% per annum (hereinafter: “the "INTEREST RATE"Interest Rate”). The interest shall be linked to the Representative Rate of the Dollar, in accordance with Consumer Price Index according to the linkage terms as set out specified hereunder in section 5 belowclause 5.7. The Company shall give notice on the first day Interest Rate in respect of each Interest Period, as defined belowhereunder, shall be 1.7% (namelyexcluding the interest rate in respect of the First Interest Period, as specified hereunder). The interest on August 21 the Bonds shall be paid in biannual payments on May 31 and on February 21 November 30 of each of the years 2006 to 2014) of the interest rate 2010 through 2016 for the Interest Period commencing on such date. The interest shall be paid on the 20th period of August and on the 20th of February, for the six months ending on the date of each said such payment (hereinafter: the "“Interest Period"), commencing from August 20, 2006 to February 20, 2014, ”) on the unpaid outstanding balance from time to time of the amount of the total Principal in during that Interest Period. Subject to the other terms rest of the BondsBond conditions, the Company shall pay said such interest to whomsoever any party that shall be the registered holders Owner of the Bonds in the Register, Register at the end of the 8th of August May 19 and at the end of the 8th of February November 18 of each year preceding the payment date of remittance of said that payment, respectively. The first payment of the interest shall be made executed on August 20May 31, 2006 2010 for the period commencing from February 23November 29, 2006 2009 and ending on August 20May 31, 20062010, when whereby the Interest Rate interest rate in respect of this period shall be 3.7222.005%. For particulars regarding the Company’s covenant to pay an Interest Increment at the rate of 0.6% (namelyper annum, 7.59% in annual terms)see clause 2 above. The last payment of the interest shall be made executed on February 20November 30, 20142016, together with the last payment on account of the Principal, Principal and against the return of the Bond Certificates Bonds to the Company, all in accordance with the conditions specified in the Bond.

The Interest. The unpaid principal balance of the (Series B D) Bonds shall bear varying annual interest on the basis of the at a rate of the Libor interest plus 2.655% (hereinafter: the "INTEREST RATEInterest Rate"). The interest shall be linked to the Representative Rate of the Dollar, Consumer Price Index in accordance with the terms of linkage terms as set out stated in section 5 below. The Company shall give notice on the first day Interest Rate in respect of each Interest Period, as defined below, shall be 2.5% (namely, on August 21 and on February 21 of each with the exception of the years 2006 to 2014) Interest Rate in respect of the interest rate for the first Interest Period commencing on such datePeriod, as set forth below). The interest shall be paid on the 20th of August October 1 and on the 20th of FebruaryApril 1, for the six months ending on the date preceding the date of each said payment (hereinafter: the "Interest Period"), commencing from August 20, 2006 to February 20, 2014, on the unpaid balance from time to time of the amount of the Principal in that Interest Period. Subject to the other terms of the Bonds, the Company shall pay said interest to whomsoever shall be the registered holders of the Bonds in the Register, at the end of the 8th of August September 19 and at the end of the 8th of February March 20 of each year preceding the date of remittance of said payment, respectively. For particulars regarding the Company's undertaking for the payment of interest surcharge at the rate of 0.5% per annum until the registration of the Bonds for trading on the Stock Exchange, see Section 2 above. The first payment of the interest shall be made on August 20October 1, 2006 2007 for the period commencing from February 23, 2006 April 1 2007 and ending on August 20September 30, 20062007, when the Interest Rate in respect of this period shall be 3.722% (namely, 7.59% in annual terms)2.9425%. The last payment of the interest shall be made on February 20April 1, 20142020, together with the last payment on account of the Principal, against the return of the Bond Certificates to the Company.