Common use of Additional Interest Notice Clause in Contracts

Additional Interest Notice. In the event that the Company is required to pay interest to holders of Notes at an increased rate pursuant to the terms of the Notes, the Company will provide written notice (“Additional Interest Notice”) to the Trustee of its obligation to pay interest at an increased rate no later than fifteen days prior to the proposed payment date for the interest, and the Additional Interest Notice shall set forth the amount of interest to be paid by the Company on such payment date. The Trustee shall not at any time be under any duty or responsibility to any holder of Notes to determine the interest, or with respect to the nature, extent, or calculation of the amount of interest owed, or with respect to the method employed in such calculation of the interest.

Additional Interest Notice. In the event that the Company is required to pay interest Additional Interest to holders Holders of Notes at an increased rate pursuant to the terms of the NotesRegistration Rights Agreement, the Company will provide written notice (“Additional Interest Notice”) to the Trustee of its obligation to pay interest at an increased rate Additional Interest no later than fifteen (15) calendar days prior to the proposed payment date for the interestAdditional Interest, and the Additional Interest Notice such notice shall set forth the amount of interest Additional Interest to be paid by the Company on such payment date. The Trustee shall not at any time be under any duty or responsibility to any holder Holder of Notes to determine the interestAdditional Interest, or with respect to the nature, extent, extent or calculation of the amount of interest owedAdditional Interest when made, or with respect to the method employed in such calculation of the interestAdditional Interest.

Additional Interest Notice. In the event that the Company is required to pay interest to holders of Notes at an increased rate pursuant to the terms of the Notes, the Company will provide written notice (“Additional Interest Notice”) to the Trustee of its obligation to pay interest at an increased rate no later than fifteen 15 days prior to the proposed payment date for the interest, and the Additional Interest Notice shall set forth the amount of interest to be paid by the Company on such payment date. The Trustee shall not at any time be under any duty or responsibility to any holder of Notes to determine the interest, or with respect to the nature, extent, or calculation of the amount of interest owed, or with respect to the method employed in such calculation of the interest.

Additional Interest Notice. In the event that the Company is required to pay additional interest to holders Holders of Notes at an increased rate Securities pursuant to the terms of the NotesRegistration Rights Agreement, the Company will provide written notice (an “Additional Interest Notice”) to the Trustee of its obligation to pay additional interest at an increased rate no later than fifteen days prior to the proposed payment date for the additional interest, and the Additional Interest Notice shall set forth the amount of additional interest to be paid by the Company on such payment date. The Trustee shall not at any time be under any duty or responsibility to any holder Holder of Notes Securities to determine the additional interest, or with respect to the nature, extent, or calculation of the amount of additional interest owed, or with respect to the method employed in such calculation of the additional interest.