Common use of Interest on Fixed Rate Notes Clause in Contracts

Interest on Fixed Rate Notes. Each Fixed Rate Note bears interest on its outstanding nominal amount from (and including) the Interest Commencement Date at the rate per annum (expressed as a percentage) equal to the Rate of Interest, such interest being payable in arrear on each Interest Payment Date, subject as provided in Condition 7. The amount of interest payable shall be determined in accordance with Condition 5(f). If a Fixed Coupon Amount or a Broken Amount is specified hereon, the amount of interest payable on each Interest Payment Date will amount to the Fixed Coupon Amount or, if applicable, the Broken Amount so specified and in the case of the Broken Amount will be payable on the particular Interest Payment Date(s) specified hereon.

Appears in 3 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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Interest on Fixed Rate Notes. Each Fixed Rate Note bears interest on its outstanding nominal amount from (and including) including the Interest Commencement Date at the rate per annum (expressed as a percentage) equal to the Rate of Interest, such interest being payable in arrear on each Interest Payment Date, subject as provided in Condition 7. The amount of interest payable shall be determined in accordance with Condition Conditions 5(f) and 5(g). If a Fixed Coupon Amount or a Broken Amount is specified hereonin the applicable Pricing Supplement, the amount of interest payable on each Interest Payment Date will amount to the Fixed Coupon Amount or, if applicable, the Broken Amount (each as defined in the applicable Pricing Supplement) so specified and in the case of the Broken Amount will be payable on the particular Interest Payment Date(s) specified hereonin the applicable Pricing Supplement.

Appears in 1 contract

Samples: Dexia Crédit Local

Interest on Fixed Rate Notes. Each Fixed Rate Note bears will bear interest on its outstanding nominal amount from (and including) the Interest Commencement Date at the rate per annum (expressed as a percentage) equal to the Interest Rate of Interest, such interest being specified in the relevant Final Terms. Interest will be payable in arrear arrears on each Interest Payment Date in each year up to (and including) the Maturity Date, subject as provided in Condition 7. The amount of interest payable shall be determined in accordance with Condition 5(f). If a Fixed Coupon Amount or a Broken Coupon Amount is specified hereonin the relevant Final Terms, the amount of interest payable on each Interest Payment Date will amount to be the Fixed Coupon Amount or, if applicable, the Broken Coupon Amount so specified specified, and in the case of the Broken Coupon Amount will be payable on the particular Interest Payment Date(s) specified hereonin the relevant Final Terms.

Appears in 1 contract

Samples: Master Agency Agreement

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Interest on Fixed Rate Notes. Each Fixed Rate Note bears interest on its outstanding nominal amount from (and including) the Interest Commencement Date at the rate per annum (expressed as a percentage) equal to the Rate of Interest, such interest being payable in arrear on each Interest Payment Date, subject as provided in Condition 7. The amount of interest payable shall be determined in accordance with Condition 5(f5(h). If a Fixed Coupon Amount or a Broken Amount is specified hereonin the Pricing Supplement, the amount of interest payable on each Interest Payment Date will amount to the Fixed Coupon Amount or, if applicable, the Broken Amount so specified and in the case of the Broken Amount will be payable on the particular Interest Payment Date(s) specified hereonin the Pricing Supplement.

Appears in 1 contract

Samples: Offering Circular

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