Common use of Persons to Whom Interest Payable Clause in Contracts

Persons to Whom Interest Payable. Interest on the Global Notes shall -------------------------------- be payable to the Person in whose name a Global Note is registered at the close of business (whether or not a Business Day) on the Regular Record Date (as set forth in Section 3.02(f)(iii) below), for such interest payment, except (i) that interest payable on April 1, 2009 shall be payable to the Person to whom principal is payable, and (ii) that default interest shall be payable in the manner provided in Section 2.11 of the Original Indenture.

Appears in 1 contract

Samples: Standard Pacific Corp /De/

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Persons to Whom Interest Payable. Interest on the Global Notes shall -------------------------------- be payable to the Person in whose name a Global Note is registered at the close of business (whether or not a Business Day) on the Regular Record Date (as set forth in Section 3.02(f)(iii) below), for such interest payment, except (i) that interest payable on April 1September 15, 2009 2010 shall be payable to the Person to whom principal is payable, and (ii) that default interest shall be payable in the manner provided in Section 2.11 of the Original Indenture.

Appears in 1 contract

Samples: Credit Agreement (Standard Pacific Corp /De/)

Persons to Whom Interest Payable. Interest on the Global Notes shall be -------------------------------- be payable to the Person in whose name a Global Note is registered at the close of business (whether or not a Business Day) on the Regular Record Date (as set forth in Section 3.02(f)(iii) below), for such interest payment, except (i) that interest payable on April 1March 15, 2009 2013 shall be payable to the Person to whom principal is payable, and (ii) that default interest shall be payable in the manner provided in Section 2.11 of the Original Indenture.

Appears in 1 contract

Samples: Standard Pacific Corp /De/

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Persons to Whom Interest Payable. Interest on the Global Notes shall be -------------------------------- be payable to the Person in whose name a Global Note is registered at the close of business (whether or not a Business Day) on the Regular Record Date (as set forth in Section 3.02(f)(iii) below), for such interest payment, except (i) that interest payable on April 115, 2009 2012 shall be payable to the Person to whom principal is payable, and (ii) that default interest shall be payable in the manner provided in Section 2.11 of the Original Indenture.

Appears in 1 contract

Samples: Standard Pacific Corp /De/

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