Common use of Determination of Rate of Interest and calculation of Interest Amounts Clause in Contracts

Determination of Rate of Interest and calculation of Interest Amounts. In the case of Floating Rate Notes, the Principal Paying Agent or the Calculation Agent, as applicable, will at or as soon as practicable after each time at which the Rate of Interest is to be determined, determine the Rate of Interest for the relevant Interest Period. The Principal Paying Agent or the Calculation Agent, as applicable, will calculate the amount of interest (the “Interest Amount”) payable on the Floating Rate Notes for the relevant Interest Period by applying the Rate of Interest to:

Appears in 4 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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Determination of Rate of Interest and calculation of Interest Amounts. In The Principal Paying Agent, in the case of Floating Rate Notes, the Principal Paying Agent or the Calculation Agent, as applicable, will at or as soon as practicable after each time at which the Rate of Interest is to be determined, determine the Rate of Interest for the relevant Interest Period. The Principal Paying Agent or the Calculation Agent, as applicable, will calculate the amount of interest (the "Interest Amount") payable on the Floating Rate Notes for the relevant Interest Period by applying the Rate of Interest to:

Appears in 1 contract

Samples: Calculation Agency Agreement

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