Common use of 2024 Notes Clause in Contracts

2024 Notes. Interest on the 2024 Notes shall accrue at the rate of 2.250% per annum, from September 19, 2019 or the most recent interest payment date on which interest was paid. Interest on the 2024 Notes shall be payable semi-annually in arrears on March 19 and September 19 of each year, beginning on March 19, 2020, to Holders in whose names the 2024 Notes are registered at the close of business on the preceding March 4 and September 4 before the applicable interest payment date; provided that if any such interest payment date (other than September 19, 2024 or any earlier repayment date) is not a Business Day, the interest payment date will be postponed to the next succeeding Business Day, and no interest will accrue as a result of such delayed payment on amounts payable from and after such interest payment date to the next succeeding Business Day. If September 19, 2024 or any earlier repayment date of the 2024 Notes falls on a day that is not a Business Day, the payment of principal or interest otherwise payable on such date shall be postponed to the next succeeding Business Day, and no interest on such payment shall accrue from and after September 19, 2024 or any earlier repayment date, as applicable.

2024 Notes. Interest on the 2024 Notes shall accrue at the rate of 2.2500.750% per annum, from September 1924, 2019 2021 or the most recent interest payment date on which interest was paid. Interest on the 2024 Notes shall be payable semi-annually in arrears on March 19 24 and September 19 24 of each year, beginning on March 1924, 20202022, to Holders in whose names the 2024 Notes are registered at the close of business on the preceding March 4 9 and September 4 9 before the applicable interest payment date; provided that if any such interest payment date (other than September 1924, 2024 or any earlier repayment date) is not a Business Day, the interest payment date will shall be postponed to the next succeeding Business Day, and no interest will shall accrue as a result of such delayed payment on amounts payable from and after such interest payment date to the next succeeding Business Day. If September 1924, 2024 or any earlier repayment date of the 2024 Notes falls on a day that is not a Business Day, the payment of principal or interest otherwise payable on such date shall be postponed to the next succeeding Business Day, and no interest on such payment shall accrue from and after September 1924, 2024 or any earlier repayment date, as applicable.