Common use of Computation of Interest Clause in Contracts

Computation of Interest. Except as otherwise specified pursuant to Section 3.01 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 31 contracts

Samples: Indenture (Harrahs Entertainment Inc), Genesee & Wyoming Inc, Calgon Carbon Corporation

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Computation of Interest. Except as otherwise specified pursuant to Section 3.01 3.1 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 20 contracts

Samples: Indenture (Nicolet Bankshares Inc), Indenture (Heritage Financial Group Inc), Indenture (Reinsurance Group of America Inc)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 3.1 for Debt Securities of any particular series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 7 contracts

Samples: American Annuity Group Inc, American Financial Capital Trust I, Provident Capital Trust Iv

Computation of Interest. Except as otherwise specified pursuant as contemplated by Section 301 with respect to Section 3.01 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

Appears in 6 contracts

Samples: Indenture (Bre Properties Inc /Md/), Indenture (Bre Properties Inc /Md/), Indenture (Bre Properties Inc /Md/)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 301 for Debt Securities of any series, or any Tranche thereof, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year consisting of twelve 30-day monthsmonths and on the basis of the actual number of days elapsed within any month in relation to the deemed 30 days of such month.

Appears in 4 contracts

Samples: Carolina Power & Light Co, Cp&l Energy Inc, Progress Energy Inc

Computation of Interest. Except as otherwise specified pursuant to Section 3.01 for Debt Securities of any series, any interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of 360 days of twelve 30-day months.

Appears in 3 contracts

Samples: Indenture (Unilever N V), Indenture (Unilever United States Inc), Indenture (Unilever PLC)

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 2.02 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.. 9

Appears in 2 contracts

Samples: McDonalds Corp, McDonalds Corp

Computation of Interest. Except as otherwise specified pursuant to Section SECTION 3.01 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 2 contracts

Samples: Hca Inc/Tn, Hca Inc/Tn

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Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 2.02 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months. ARTICLE THREE REDEMPTION OF DEBT SECURITIES; SINKING FUNDS SECTION 3.01.

Appears in 1 contract

Samples: McDonalds Corp

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 2.02 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: General Electric Capital Corp

Computation of Interest. Except as otherwise specified pursuant to as contemplated by Section 3.01 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Limited Brands Inc)

Computation of Interest. Except as otherwise specified pursuant as ----------------------- contemplated by Section 301 with respect to Section 3.01 for Debt Securities of any series, interest on the Debt Securities of each series shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

Appears in 1 contract

Samples: Bre Properties Inc /Md/

Computation of Interest. Except as otherwise specified pursuant to Section 3.01 for Debt Securities of any series, payments of interest on the Debt Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Appears in 1 contract

Samples: Axa

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