Common use of Payment and Computation of Interest Clause in Contracts

Payment and Computation of Interest. The Notes will bear cash interest at a rate of 1.50% per year until maturity. Interest on the Notes will accrue from the most recent date on which interest has been paid or duly provided for or, if no interest has been paid or duly provided for, August 23, 2017. Interest will be paid semiannually in arrears on February 15 and August 15 of each year, beginning on February 15, 2018. Interest on the Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months, and, for partial months, on the basis of the number of days actually elapsed in a 30-day month.

Payment and Computation of Interest. The Notes will bear cash interest at a rate of 1.502.50% per year until maturity. Interest on the Notes will accrue from the most recent date on which interest has been paid or duly provided for or, if no interest has been paid or duly provided for, August 23March 13, 20172015. Interest will be paid semiannually in arrears on February March 15 and August September 15 of each year, beginning on February September 15, 20182015. Interest on the Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months, months and, for partial months, on the basis of the number of days actually elapsed in a 30-day month.

Payment and Computation of Interest. The Notes will bear cash interest at a rate of 1.503.75% per year until maturity. Interest on the Notes will accrue from the most recent date on which interest has been paid or duly provided for or, if no interest has been paid or duly provided for, August 23December 21, 20172020. Interest will be paid semiannually in arrears on February June 15 and August December 15 of each year, beginning on February June 15, 20182021. Interest on the Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months, months and, for partial months, on the basis of the number of days actually elapsed in a 30-day month.

Payment and Computation of Interest. The Notes will bear cash interest at a rate of 1.502.000% per year until maturity. Interest on the Notes will accrue from the most recent date on which interest has been paid or duly provided for or, if no interest has been paid or duly provided for, August 23June 11, 20172020. Interest will be paid semiannually in arrears on February June 15 and August December 15 of each year, beginning on February December 15, 20182020. Interest on the Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months, months and, for partial months, on the basis of the number of days actually elapsed in a 30-day month.