Common use of Interest on Notes Clause in Contracts

Interest on Notes. The Company shall pay interest on the Notes in cash and by increasing the principal amount of the Notes on the terms and in the amounts set forth in the Notes. The payment of accrued interest in connection with any redemption or repurchase of Notes as described in Section 4.06, 4.10 or 4.18 or paragraph 5 of the Note shall be made solely in cash.