Common use of Interest and Interest Rates Clause in Contracts

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.150% per annum, accruing from November 10, 2006, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually in arrears on May 15 and November 15 of each year commencing May 15, 2007 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a period. In the event that any Interest Payment Date, Redemption Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange.

Appears in 2 contracts

Samples: Supplemental Indenture (Cigna Corp), Supplemental Indenture (Cigna Corp)

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Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.1506.30% per annumannum (at the same rate per annum on any overdue principal and premium and, to the extent lawful, on any overdue installment of interest), accruing from November 10January 29, 20061999 and interest shall be payable, or from the most recent Interest Payment Date to which interest has been paid or duly provided forsemi-annually in arrears, payable semiannually in arrears on May 15 February 1 and November 15 August 1 of each year (each such date, an "Interest Payment Date"), commencing May 15August 1, 2007 until 1999 to the principal thereof Persons in whose names the Notes are registered at the close of business on the immediately preceding January 15 and July 15 respectively, whether or not such day is paid or made available for paymenta Business Day (each such date, a "Regular Record Date"). The amount of interest payable for any period shall be computed on the basis of twelve 30-day months and a 360-day year. The amount of interest payable for any Interest Payment Date partial period shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on months and the basis of the actual number of calendar days elapsed in such a periodany partial month. In the event that any Interest Payment Date, Redemption Date, Maturity or Stated Maturity of any Senior date on which interest is payable on a Note is not a Business Day, then a payment of the interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that which is a Business Day (and without any interest or other payment in respect of any such delay)) with the same force and effect as if made on the date the payment was originally payable. The interest so payable in respect of any Senior Notepayable, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”)Date for such interest. Any such interest not so punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may shall either (i) be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a the Special Record Date to be fixed by the Trustee for the payment of such Defaulted InterestInterest to be fixed by the Trustee, notice whereof of which shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or (ii) be paid at any such time in any other lawful manner not inconsistent with the requirements of any securities exchange or automated quotation system on which the Senior Notes may be listedlisted or traded, and upon such notice as may be required by such exchangeexchange or automated quotation system, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Kinder Morgan Bulk Terminals Inc

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.1505.125% per annum, accruing from November 10May 17, 20062010, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on May June 15 and November December 15 of each year year, commencing May December 15, 2007 2010 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a period. In the event that any Interest Payment Date, Redemption Date, Change of Control Payment Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.1507.750% per annum, accruing from November 10February 21, 20062002 and interest shall be payable, or from the most recent Interest Payment Date to which interest has been paid or duly provided forsemi-annually in arrears, payable semiannually in arrears on May February 15 and November 15 August 15, of each year (each such date, an "INTEREST PAYMENT DATE"), commencing May August 15, 2007 until 2002, to the principal thereof Persons in whose names the Notes are registered at the close of business on the immediately preceding February 1 and August 1, respectively, whether or not such day is paid or made available for paymenta Business Day (each such date, a "REGULAR RECORD DATE"). The amount of interest payable for any period shall be computed on the basis of twelve 30-day months and a 360-day year. The amount of interest payable for any Interest Payment Date partial period shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on months and the basis of the actual number of calendar days elapsed in such a periodany partial month. In the event that any Interest Payment Date, Redemption Date, Maturity or Stated Maturity of any Senior date on which interest is payable on a Note is not a Business Day, then a payment of the interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that which is a Business Day (and without any interest or other payment in respect of any such delay)) with the same force and effect as if made on the date the payment was originally payable. The interest so payable in respect of any Senior Notepayable, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”)Date for such interest. Any such interest not so punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may shall either (i) be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee special record date for the payment of such Defaulted InterestInterest to be fixed by the -7- First Supplemental Indenture Trustee, notice whereof of which shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Datespecial record date, or (ii) be paid at any such time in any other lawful manner not inconsistent with the requirements of any securities exchange or automated quotation system on which the Senior Notes may be listedlisted or traded, and upon such notice as may be required by such exchangeexchange or automated quotation system, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Kaneb Pipe Line Operating Partnership Lp

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.1507% per annum, accruing from November 10October 1, 20061998 and interest shall be payable, or from the most recent Interest Payment Date to which interest has been paid or duly provided forsemi-annually in arrears, payable semiannually in arrears on May 15 April 1 and November 15 October 1 of each year (each such date, an "Interest Payment Date"), commencing May April 1, 1999 to the Persons in whose names the Notes are registered at the close of business on the immediately preceding March 15 and September 15, 2007 until the principal thereof respectively, whether or not such day is paid or made available for paymenta Business Day (each such date, a "Regular Record Date"). The amount of interest payable for any period shall be computed on the basis of twelve 30- day months and a 360-day year. The amount of interest payable for any Interest Payment Date partial period shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on months and the basis of the actual number of calendar days elapsed in such a periodany partial month. In the event that any Interest Payment Date, Redemption Date, Maturity or Stated Maturity of any Senior date on which interest is payable on a Note is not a Business Day, then a payment of the interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that which is a Business Day (and without any interest or other payment in respect of any such delay)) with the same force and effect as if made on the date the payment was originally payable. The interest so payable in respect of any Senior Notepayable, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”)Date for such interest. Any such interest not so punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may shall either (i) be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a the Special Record Date to be fixed by the Trustee for the payment of such Defaulted InterestInterest to be fixed by the Trustee, notice whereof of which shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or (ii) be paid at any such time in any other lawful manner not inconsistent with the requirements of any securities exchange or automated quotation system on which the Senior Notes may be listedlisted or traded, and upon such notice as may be required by such exchangeexchange or automated quotation system, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Lakehead Pipeline Co Lp

Interest and Interest Rates. The rate of interest on each Senior 2027 Note shall be 6.1503.050% per annum, accruing from November 10September 14, 20062017, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on May April 15 and November October 15 of each year year, commencing May on April 15, 2007 2018 until the principal thereof is paid or made available for payment. The rate of interest on each 2047 Note shall be 3.875% per annum, accruing from September 14, 2017, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semi-annually in arrears on April 15 and October 15 of each year, commencing on April 15, 2018 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a period. In the event that any Interest Payment Date, Redemption Date, Change of Control Payment Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on April 1 or October 1, as the fifteenth calendar day case may be (in each case, whether or not a Business Day) prior to ), next preceding such Interest Payment Date (the "Regular Record Date"). Any such interest not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. The Notes shall bear interest at a rate of interest on each Senior Note shall be 6.1502.484% per annumyear from May 19, accruing from November 10, 20062020, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on May 15 19 and November 15 19 of each year year, commencing May 15November 19, 2007 2020 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly interest period shall be computed on the basis of a 360-day year of twelve 30-day months and the actual number of calendar days elapsed in a partial month in such a period. In the event that any Any payment of principal, premium or interest required to be made on an Interest Payment Date, Redemption Date, Maturity or Stated Maturity of any Senior Note Date that is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date Day will be made on the next succeeding day Business Day, and no interest will accrue on that is a payment for the period from and after the Interest Payment Date to the date of payment on the next succeeding Business Day (and without any interest or other payment in respect of any such delay)Day. The interest so payable in respect of any Senior Notepayable, and punctually paid or duly provided for, on any Interest Payment Date will shall be paid to the Person in whose name such Senior Note the Notes (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”)Date for such interest. Any such interest not so punctually paid or duly provided for in respect of any Senior Note shall will forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person person in whose name such Senior Note the Notes (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted InterestInterest to be fixed by the Trustee, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture.

Appears in 1 contract

Samples: Third Supplemental Indenture (Manulife Financial Corp)

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.1506.35% per annum, accruing from November 10March 7, 20062008, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on May March 15 and November September 15 of each year year, commencing May September 15, 2007 2008 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a period. In the event that any Interest Payment Date, Redemption Date, Change of Control Payment Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. The rate of interest on each Senior Note Security shall be 6.1507.000 % per annum, accruing from November 10May 17, 2006, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually in arrears on May 15 June 1 and November 15 December 1 of each year commencing May 15December 1, 2007 2006 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly partial period shall be computed on the basis of the actual number of calendar days elapsed in such a period360-day year of twelve 30-day months. In the event that any Interest Payment Date, Redemption Date, Maturity or Stated Maturity of date on which interest is payable on any 2016 Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Senior NoteSecurity, and punctually paid or duly provided for, on any Interest Payment Date will will, as provided in the Indenture, be paid to the Person person in whose name such 2016 Senior Note Notes (or one or more Predecessor Securitiespredecessor securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any 2016 Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such 2016 Senior Note Notes (or one or more Predecessor Securitiespredecessor securities) is registered at the close of business on a Special Record Date special record date to be fixed by the Trustee for the payment of such Defaulted Interestdefaulted interest, notice whereof shall be given to the Holders of the 2016 Senior Notes not less than 10 calendar days prior to such Special Record Datespecial record date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the 2016 Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Dean Foods Co/)

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.1508.50% per annum, accruing from November 10May 7, 20062009, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on May 15 1 and November 15 1 of each year year, commencing May 15November 1, 2007 2009 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a period. In the event that any Interest Payment Date, Redemption Date, Change of Control Payment Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.1507.9% per annum, accruing from November 1021, 20062000 and interest shall be payable, or from the most recent Interest Payment Date to which interest has been paid or duly provided forsemi-annually in arrears, payable semiannually in arrears on May 15 21 and November 15 21, of each year (each such date, an "Interest Payment Date"), commencing May 1521, 2007 until 2001 to the principal thereof Persons in whose names the Notes are registered at the close of business on the immediately preceding May 6 and November 6 respectively, whether or not such day is paid or made available for paymenta Business Day (each such date, a "Regular Record Date"). The amount of interest payable for any period shall be computed on the basis of twelve 30-day months and a 360-day year. The amount of interest payable for any Interest Payment Date partial period shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on months and the basis of the actual number of calendar days elapsed in such a periodany partial month. In the event that any Interest Payment Date, Redemption Date, Maturity or Stated Maturity of any Senior date on which interest is payable on a Note is not a Business Day, then a payment of the interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that which is a Business Day (and without any interest or other payment in respect of any such delay)) with the same force and effect as if made on the date the payment was originally payable. The interest so payable in respect of any Senior Notepayable, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”)Date for such interest. Any such interest not so punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may shall either (i) be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a the Special Record Date to be fixed by the Trustee for the payment of such Defaulted InterestInterest to be fixed by the Trustee, notice whereof of which shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or (ii) be paid at any such time in any other lawful manner not inconsistent with the requirements of any securities exchange or automated quotation system on which the Senior Notes may be listedlisted or traded, and upon such notice as may be required by such exchangeexchange or automated quotation system, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Lakehead Pipeline Co Lp

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.1507.750% per annum, accruing from November 10February 21, 20062002 and interest shall be payable, or from the most recent Interest Payment Date to which interest has been paid or duly provided forsemi-annually in arrears, payable semiannually in arrears on May February 15 and November 15 August 15, of each year (each such date, an “INTEREST PAYMENT DATE”), commencing May August 15, 2007 until 2002, to the principal thereof Persons in whose names the Notes are registered at the close of business on the immediately preceding February 1 and August 1, respectively, whether or not such day is paid or made available for paymenta Business Day (each such date, a “REGULAR RECORD DATE”). The amount of interest payable for any period shall be computed on the basis of twelve 30-day months and a 360-day year. The amount of interest payable for any Interest Payment Date partial period shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on months and the basis of the actual number of calendar days elapsed in such a periodany partial month. In the event that any Interest Payment Date, Redemption Date, Maturity or Stated Maturity of any Senior date on which interest is payable on a Note is not a Business Day, then a payment of the interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that which is a Business Day (and without any interest or other payment in respect of any such delay)) with the same force and effect as if made on the date the payment was originally payable. The interest so payable in respect of any Senior Notepayable, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”)Date for such interest. Any such interest not so punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may shall either (i) be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee special record date for the payment of such Defaulted InterestInterest to be fixed by the Trustee, notice whereof of which shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Datespecial record date, or (ii) be paid at any such time in any other lawful manner not inconsistent with the requirements of any securities exchange or automated quotation system on which the Senior Notes may be listedlisted or traded, and upon such notice as may be required by such exchangeexchange or automated quotation system, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Valero L P

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.1503.250% per annum, accruing from November 10March 20, 20062015, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on May April 15 and November October 15 of each year year, commencing May on October 15, 2007 2015 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a period. In the event that any Interest Payment Date, Redemption Date, Change of Control Payment Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on April 1 or October 1, as the fifteenth calendar day case may be (in each case, whether or not a Business Day) prior to ), next preceding such Interest Payment Date (the “Regular Record Date”). Any such interest not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.1505.875% per annum, accruing from November 10February 14, 20062003, or from the most recent interest payment date (each such date, an "Interest Payment Date Date") to which interest has been paid or duly provided for, payable semiannually in arrears on May February 15 and November August 15 of each year commencing May August 15, 2007 2003 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly partial period shall be computed on the basis of the actual number of calendar days elapsed in such a period360-day year of twelve 30-day months. In the event that any Interest Payment Date, Redemption Date, Maturity or Stated Maturity of date on which interest is payable on any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will will, as provided in the Indenture, be paid to the Person person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether February 1 or not a Business Day) August 1 prior to such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Berkley W R Corp

Interest and Interest Rates. The 2046 Notes shall bear interest at a rate of interest on each Senior Note shall be 6.1505.375% per annumyear from March 4, accruing from November 10, 20062016, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on May 15 March 4 and November 15 September 4 of each year year, commencing May 15September 4, 2007 2016 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly interest period shall be computed on the basis of a 360-day year of twelve 30-day months and the actual number of calendar days elapsed in a partial month in such a period. In the event that any Any payment of principal, premium or interest required to be made on an Interest Payment Date, Redemption Date, Maturity or Stated Maturity of any Senior Note Date that is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date Day will be made on the next succeeding day Business Day, and no interest will accrue on that is a payment for the period from and after the Interest Payment Date to the date of payment on the next succeeding Business Day (and without any interest or other payment in respect of any such delay)Day. The interest so payable in respect of any Senior Notepayable, and punctually paid or duly provided for, on any Interest Payment Date will shall be paid to the Person in whose name such Senior Note the 2046 Notes (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”)Date for such interest. Any such interest not so punctually paid or duly provided for in respect of any Senior Note shall will forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person person in whose name such Senior Note the 2046 Notes (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted InterestInterest to be fixed by the Trustee, notice whereof shall be given to the Holders of the Senior 2046 Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior 2046 Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture.

Appears in 1 contract

Samples: Second Supplemental Indenture (Manulife Financial Corp)

Interest and Interest Rates. The rate of interest on each Senior Note Security shall be 6.1504.875% per annum, accruing from November 10December 21, 20062004, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually in arrears on May June 15 and November December 15 of each year commencing May June 15, 2007 2005 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly partial period shall be computed on the basis of the actual number of calendar days elapsed in such a period360-day year of twelve 30-day months. In the event that any Interest Payment Date, Redemption Date, Maturity or Stated Maturity of date on which interest is payable on any 2009 Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Senior NoteSecurity, and punctually paid or duly provided for, on any Interest Payment Date will will, as provided in the Indenture, be paid to the Person person in whose name such 2009 Senior Note Notes (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any 2009 Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such 2009 Senior Note Notes (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the 2009 Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the 2009 Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Convergys Corp)

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Interest and Interest Rates. Interest on the Notes shall be payable semiannually on January 15 and July 15 of each year beginning on July 15, 2008 (each, an “INTEREST PAYMENT DATE”); PROVIDED, HOWEVER, that if an Interest Payment Date would otherwise be a day that is not a Business Day, such Interest Payment Date shall be the next succeeding Business Day, and no additional interest shall be paid in respect of such intervening period. The rate interest payable on each Interest Payment Date shall be the amount of interest on each Senior Note shall be 6.150% per annumaccrued from January 15, accruing from November 10, 2006, 2008 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually in arrears on May 15 and November 15 of each year commencing May 15as the case may be, 2007 until the principal thereof is amount of the Notes has been paid or made available for paymentduly provided for. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year consisting of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall rate borne by the Notes will be computed on 6 7/8% per annum until the basis of the actual number of calendar days elapsed Notes are paid in such a period. In the event that any Interest Payment Datefull, Redemption Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premiumplus Additional Interest, if any) , payable on such date will be made on pursuant to the next succeeding day that is a Business Day (Registration Rights Agreement and without any interest or other payment as set forth in respect of any such delay)the Notes. The interest so payable in respect of on any Senior Note, and Note which is punctually paid or duly provided for, for on any Interest Payment Date shall be paid to the Person in whose name such Note is registered at the close of business on the January 1 or July 1 (in each case, whether or not a Business Day), respectively, immediately preceding such Interest Payment Date (each, a “Regular Record Date”); provided that if such January 1 or July 1 is prior to the date of issuance of such Note, interest will be paid to the Person in whose name such Senior Note (is registered at the close of business on such date of issuance. Interest payable on any Note which is not punctually paid or one or more Predecessor Securities) duly provided for on any Interest Payment Date therefor shall forthwith cease to be payable to the Person in whose name such Note is registered at the close of business on the fifteenth calendar day (whether Regular Record Date or not a Business Day) prior to date of issuance, as the case may be, immediately preceding such Interest Payment Date (the “Regular Record Date”). Any , and such interest not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either instead be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed the record date established for such payment by notice by or on behalf of the Trustee for the payment of such Defaulted Interest, notice whereof shall be given Company to the Holders of the Senior Notes mailed by first-class mail not less than 10 calendar 15 days prior to such Special Record Daterecord date to their last addresses as they shall appear upon the Security register, or such record date to be paid at any time in any other lawful manner not inconsistent with less than five days preceding the requirements date of any securities exchange on which the Senior Notes may be listed, and upon payment of such notice as may be required by such exchangedefaulted interest.

Appears in 1 contract

Samples: Tyco International LTD /Ber/

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.150% per annum, accruing from November 10August 24, 20062004, or from the most recent interest payment date (each such date, an "Interest Payment Date Date") to which interest has been paid or duly provided for, payable semiannually in arrears on May February 15 and November August 15 of each year commencing May February 15, 2007 2005 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly partial period shall be computed on the basis of the actual number of calendar days elapsed in such a period360-day year of twelve 30-day months. In the event that any Interest Payment Date, Redemption Date, Maturity or Stated Maturity of date on which interest is payable on any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will will, as provided in the Indenture, be paid to the Person person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether February 1 or not a Business Day) August 1 prior to such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Berkley W R Corp

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.1504.375% per annum, accruing from November 10December 8, 20062010, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on May June 15 and November December 15 of each year year, commencing May June 15, 2007 2011 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a period. In the event that any Interest Payment Date, Redemption Date, Change of Control Payment Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. The Notes shall bear interest at a rate of interest on each Senior Note shall be 6.1503.703% per annumyear from March 16, accruing from November 10, 20062022, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on May 15 March 16 and November 15 September 16 of each year year, commencing May 15September 16, 2007 2022 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly interest period shall be computed on the basis of a 360-day year of twelve 30-day months and the actual number of calendar days elapsed in a partial month in such a period. In the event that any Any payment of principal, premium or interest required to be made on an Interest Payment Date, Redemption Date, Maturity or Stated Maturity of any Senior Note Date that is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date Day will be made on the next succeeding day Business Day, and no interest will accrue on that is a payment for the period from and after the Interest Payment Date to the date of payment on the next succeeding Business Day (and without any interest or other payment in respect of any such delay)Day. The interest so payable in respect of any Senior Notepayable, and punctually paid or duly provided for, on any Interest Payment Date will shall be paid to the Person in whose name such Senior Note the Notes (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”)Date for such interest. Any such interest not so punctually paid or duly provided for in respect of any Senior Note shall will forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person person in whose name such Senior Note the Notes (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted InterestInterest to be fixed by the Trustee, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Manulife Financial Corp)

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.1505.60% per annum, accruing from November 10May 9, 20062005, or from the most recent interest payment date (each such date, an "Interest Payment Date Date") to which interest has been paid or duly provided for, payable semiannually in arrears on May 15 and November 15 of each year commencing May November 15, 2007 2005 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly partial period shall be computed on the basis of the actual number of calendar days elapsed in such a period360-day year of twelve 30-day months. In the event that any Interest Payment Date, Redemption Date, Maturity or Stated Maturity of date on which interest is payable on any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will will, as provided in the Indenture, be paid to the Person person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether May 1 or not a Business Day) November 1 prior to such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Berkley W R Corp

Interest and Interest Rates. The rate of interest on each Senior Note shall be 6.1505.375% per annum, accruing from November 10March 15, 20062007, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually in arrears on May March 15 and November September 15 of each year year, commencing May September 15, 2007 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a period. In the event that any Interest Payment Date, Redemption Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange.

Appears in 1 contract

Samples: Cigna Corp

Interest and Interest Rates. The rate of interest on each 2018 Senior Note shall be 6.1509.750% per annum, accruing from November 10December 16, 20062010, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on May June 15 and November December 15 of each year commencing May June 15, 2007 2011 until the principal thereof shall have become due and payable, and until the principal thereof is paid or duly provided for or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly partial period shall be computed on the basis of the actual number of calendar days elapsed in such a period360-day year of twelve 30-day months. In the event that any Interest Payment Date, Redemption Date, Maturity or Stated Maturity of date on which interest is payable on any 2018 Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest installment so payable in respect of any 2018 Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will will, as provided in the Indenture, be paid to the Person person in whose name such 2018 Senior Note (or one or more Predecessor Securitiespredecessor securities) is registered at the close of business on the fifteenth calendar day June 1 or December 1 (whether or not a Business Day) ), as the case may be, prior to such Interest Payment Date (the “Regular Record Date”). Any such interest installment not punctually paid or duly provided for in respect of any 2018 Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such 2018 Senior Note (or one or more Predecessor Securitiespredecessor securities) is registered at the close of business on a Special Record Date special record date to be fixed by the Trustee for the payment of such Defaulted Interestdefaulted interest, notice whereof shall be given to the Holders of the 2018 Senior Notes not less than 10 calendar days prior to such Special Record Datespecial record date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the 2018 Senior Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Original Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (Dean Foods Co)

Interest and Interest Rates. The 2026 Notes shall bear interest at a rate of interest on each Senior Note shall be 6.1504.150% per annumyear from March 4, accruing from November 10, 20062016, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on May 15 March 4 and November 15 September 4 of each year year, commencing May 15September 4, 2007 2016 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly interest period shall be computed on the basis of a 360-day year of twelve 30-day months and the actual number of calendar days elapsed in a partial month in such a period. In the event that any Any payment of principal, premium or interest required to be made on an Interest Payment Date, Redemption Date, Maturity or Stated Maturity of any Senior Note Date that is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date Day will be made on the next succeeding day Business Day, and no interest will accrue on that is a payment for the period from and after the Interest Payment Date to the date of payment on the next succeeding Business Day (and without any interest or other payment in respect of any such delay)Day. The interest so payable in respect of any Senior Notepayable, and punctually paid or duly provided for, on any Interest Payment Date will shall be paid to the Person in whose name such Senior Note the 2026 Notes (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”)Date for such interest. Any such interest not so punctually paid or duly provided for in respect of any Senior Note shall will forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person person in whose name such Senior Note the 2026 Notes (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted InterestInterest to be fixed by the Trustee, notice whereof shall be given to the Holders of the Senior 2026 Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior 2026 Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture.

Appears in 1 contract

Samples: Second Supplemental Indenture (Manulife Financial Corp)

Interest and Interest Rates. The rate of interest on each Senior 2021 Note shall be 6.1504.500% per annum, accruing from November 10March 7, 20062011, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semiannually semi-annually in arrears on May March 15 and November September 15 of each year year, commencing May September 15, 2007 2011 until the principal thereof is paid or made available for payment. The rate of interest on each 2041 Note shall be 5.875% per annum, accruing from March 7, 2011, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, payable semi-annually in arrears on March 15 and September 15 of each year, commencing September 15, 2011 until the principal thereof is paid or made available for payment. The amount of interest payable on any Interest Payment Date shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a period. In the event that any Interest Payment Date, Redemption Date, Change of Control Payment Date, Maturity or Stated Maturity of any Senior Note is not a Business Day, then payment of interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay). The interest so payable in respect of any Senior Note, and punctually paid or duly provided for, on any Interest Payment Date will be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”). Any such interest not punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may either be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such Defaulted Interest, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Senior Notes may be listed, and upon such notice as may be required by such exchange.

Appears in 1 contract

Samples: Supplemental Indenture (Cigna Corp)

Interest and Interest Rates. The Each Note shall bear interest at the rate of interest on each Senior Note shall be 6.1507.000% per annum, accruing from November 10April 28, 20062003 and interest shall be payable, or from the most recent Interest Payment Date to which interest has been paid or duly provided forsemi-annually in arrears, payable semiannually in arrears on May 15 1 and November 15 1 of each year (each such date, an "Interest Payment Date"), commencing May on November 1, 2003, to the Person in whose name such Note or any Predecessor Security is registered, at the close of business on the immediately preceding April 15 and October 15, 2007 until the principal thereof respectively, whether or not such day is paid or made available for paymenta Business Day (each such date, a "Regular Record Date"). The amount of interest payable for any period shall be computed on the basis of twelve 30-day months and a 360-day year. The amount of interest payable for any Interest Payment Date partial period shall be computed on the basis of a 360-day year of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on months and the basis of the actual number of calendar days elapsed in such a periodany partial month. In the event that any Interest Payment Date, Redemption Date, Maturity or Stated Maturity of any Senior date on which interest is payable on a Note is not a Business Day, then a payment of the interest or principal (and premium, if any) payable on such date will be made on the next succeeding day that which is a Business Day (and without any interest or other payment in respect of any such delay)) with the same force and effect as if made on the date the payment was originally payable. The interest so payable in respect of any Senior Notepayable, and punctually paid or duly provided for, on any Interest Payment Date will shall be paid to the Person in whose name such Senior that Note (or one or more Predecessor Securities) is registered at the close of business on the fifteenth calendar day (whether or not a Business Day) prior to such Interest Payment Date (the “Regular Record Date”)Date for such interest, except that interest payable on the Maturity Date shall be paid to the Holder to whom principal is paid. Any such interest not so punctually paid or duly provided for in respect of any Senior Note shall forthwith cease to be payable to the registered Holder on such Regular Record Date and may shall either (i) be paid to the Person in whose name such Senior Note (or one or more Predecessor Securities) is registered at the close of business on a the Special Record Date to be fixed by the Trustee for the payment of such Defaulted InterestInterest to be fixed by the Trustee, notice whereof shall be given to the Holders of the Senior Notes not less than 10 calendar days prior to such Special Record Date, or (ii) be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange or automated quotation system on which the Senior Notes may be listedlisted or traded, and upon such notice as may be required by such exchangeexchange or quotation system, all as more fully provided in the Indenture.

Appears in 1 contract

Samples: Cleco Corp

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