Common use of Interest Accrual to Cease Clause in Contracts

Interest Accrual to Cease. Once notice of redemption has been given and funds are irrevocably deposited with the Trustee, interest on the Debentures will cease to accrue on and after the Redemption Date and all rights of the Holders of the Debentures called for redemption will cease, except for the right of Holders to receive the Redemption Price (but without interest on such Redemption Price) and any right to receive payment pursuant to Section 211.

Appears in 4 contracts

Samples: Indenture (Liberty Media Corp /De/), Supplemental Indenture (Cox Communications Inc /De/), Liberty Media Corp /De/

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Interest Accrual to Cease. Once notice of redemption has been given and funds are irrevocably deposited with the Trustee, cash interest and, if applicable, Original Issue Discount, on the Debentures will cease to accrue on and after the Redemption Date and all rights of the Holders of the Debentures called for redemption will cease, except for the right of Holders to receive the Redemption Price (but without interest on such Redemption Price) and any right to receive payment pursuant to Section 211).

Appears in 2 contracts

Samples: Supplemental Indenture (Cox Communications Inc /De/), Third Supplemental Indenture (Cox Communications Inc /De/)

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