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 3.50% 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, in the case of the Initial Notes, if no interest has been paid or duly provided for, January 25, 2017. Interest will be paid semiannually in arrears on January 15 and July 15 of each year, beginning July 15, 2017. Interest on the Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Amarin Corp Plc\uk)

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Payment and Computation of Interest. The Notes will bear cash interest at a rate of 3.50% 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, in the case of the Initial Notes, if no interest has been paid or duly provided for, January 259, 20172012. Interest will be paid semiannually in arrears on January 15 and July 15 of each year, beginning July 15, 20172012. Interest on the Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

Appears in 1 contract

Samples: Amarin Corp Plc\uk

Payment and Computation of Interest. The Notes will bear cash interest at a rate of 3.50% 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, in the case of the Initial Notes, if no interest has been paid or duly provided for, January 2515, 20172014. Interest will be paid semiannually in arrears on January 15 and July 15 of each year, beginning July 15, 20172014. Interest on the Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Amarin Corp Plc\uk)

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Payment and Computation of Interest. The Notes will bear cash interest at a rate of 3.501.875% 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, in the case of the Initial Notes, if no interest has been paid or duly provided for, January 25August 13, 20172014. Interest will be paid semiannually in arrears on January February 15 and July August 15 of each year, beginning July on February 15, 20172015. Interest on the Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months.

Appears in 1 contract

Samples: Indenture (Jazz Pharmaceuticals PLC)

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