Common use of Regular Interest Clause in Contracts

Regular Interest. Subject to Section 7.02(b), interest will accrue on the Securities at the rate of 4.00% per year during any six-month period from and including February 15 to but excluding August 15 and from and including August 15 to but excluding February 15, commencing August 15, 2007 (provided that the initial period with respect to the payment of interest shall commence on February 8, 2007 and run to but excluding August 15, 2007). Interest will be payable in Cash in arrears on February 15 and August 15 of each year, beginning August 15, 2007, to the Holder of record at the close of business on the Regular Record Date preceding such Interest Payment Date; provided that the Company shall not pay Cash interest on the Securities after February 15, 2019.

Regular Interest. Subject to Section 7.02(b), interest Interest will accrue on the Securities at the rate of 4.004.625% per year during any six-month period from and including February 15 March 1 to but excluding August 15 September 1 and from and including August 15 September 1 to but excluding February 15March 1, commencing August 15September 1, 2007 2006 (provided that the initial period with respect to the payment of interest shall commence on February 8March 7, 2007 2006 and run to but excluding August 15September 1, 20072006). Interest will be payable in Cash in arrears on February 15 September 1 and August 15 March 1 of each year, beginning August 15September 1, 20072006, to the Holder of record at the close of business on the Regular Record Date preceding such Interest Payment Date; provided that the Company shall not pay Cash interest on the Securities after February 15March 1, 20192016.