Common use of Yield Clause in Contracts

Yield. The amount of the Certificate Amounts outstanding from time to time shall accrue Yield at the Yield Rate, calculated using the actual number of days elapsed and, when the Yield Rate is based on the LIBO Rate, a 360-day year basis and, otherwise, a 365- (or, if applicable, 366-) day year basis. If all or any portion of the Certificate Amounts, any Yield payable thereon or any other amount payable hereunder shall not be paid when due (whether at stated maturity, acceleration thereof or otherwise), such overdue amount shall bear interest at a rate per annum which is equal to the Overdue Rate.

Appears in 2 contracts

Samples: Participation Agreement (Teletech Holdings Inc), Participation Agreement (Teletech Holdings Inc)

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Yield. The amount of the Certificate Amounts outstanding from time to time Lessor Amount shall accrue Yield at the Yield Rate, calculated using the actual number of days elapsed and, during the initial Interest Period and when the Yield Rate is based on the LIBO RateRate (Reserve Adjusted), a 360-day year basis and, otherwiseat all other times, a 365- 365-day (or, if applicable, 366-366-day) day year basis. If all or any portion of the Certificate AmountsLessor Amount, any Yield payable thereon or any other amount payable hereunder shall not be paid when due (whether at stated maturity, acceleration thereof or otherwise), such overdue amount shall bear interest at a rate per annum which is equal to the Overdue Rate.

Appears in 2 contracts

Samples: Participation Agreement (Silicon Laboratories Inc), Participation Agreement (Silicon Laboratories Inc)

Yield. The amount of the Certificate Amounts Lessor Amount outstanding from time to time shall accrue Yield at the Yield Rate, calculated on the basis of a 360-day year using the actual number of days elapsed and, when the Yield Rate is based on the LIBO an Alternate Base Rate, a 360-day year basis and, otherwise, a 365- 365 (or, if applicable, 366-366) day year basis, and, at all other times, a 360-day year basis. If all or any portion of the Certificate AmountsLessor Amount outstanding, any Yield payable thereon or any other amount payable hereunder shall not be paid when due (whether at stated maturity, acceleration thereof or otherwise), such overdue amount shall bear interest at a rate per annum which is equal to the Overdue Rate.

Appears in 2 contracts

Samples: Participation Agreement (Regeneron Pharmaceuticals Inc), Participation Agreement (Regeneron Pharmaceuticals Inc)

Yield. The amount of the Certificate Amounts outstanding from time to time Lessor Amount shall accrue Yield at the Series B Yield Rate, calculated on the basis of a 360‑day year using the actual number of days elapsed and, when the Series B Yield Rate is based on the LIBO an Alternate Base Rate, a 360-day year basis and, otherwise, a 365- 365 (or, if applicable, 366-366) day year basis, and, at all other times, a 360‑day year basis. If all or any portion of the Certificate AmountsLessor Amount, any Yield payable thereon or any other amount payable hereunder shall not be paid when due (whether at stated maturity, acceleration thereof or otherwise), such overdue amount shall bear interest at a rate per annum which is equal to the Overdue Rate.

Appears in 1 contract

Samples: Participation Agreement (Norfolk Southern Corp)

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Yield. The amount of the Certificate Amounts outstanding from time to time Lessor Amount shall accrue Yield at the Series B Yield Rate, calculated on the basis of a 360-day year using the actual number of days elapsed and, when the Series B Yield Rate is based on the LIBO an Alternate Base Rate, a 365 (or, if applicable, 366) day year basis, and, at all other times, a 360-day year basis and, otherwise, a 365- (or, if applicable, 366-) day year basis. If all or any portion of the Certificate AmountsLessor Amount, any Yield payable thereon or any other amount payable hereunder shall not be paid when due (whether at stated maturity, acceleration thereof or otherwise), such overdue amount shall bear interest at a rate per annum which is equal to the Overdue Rate.

Appears in 1 contract

Samples: Participation Agreement

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