Examples of Interest on in a sentence
Interest on the Securities shall be computed on the basis of a 360-day year composed of twelve 30-day months.
Interest on the Notes shall be computed on the basis of a 360-day year of twelve 30-day months.
The Company may make payment of any Defaulted Interest on any Securities in any other lawful manner not inconsistent with the requirements of any securities exchange on which such Securities may be listed, and upon such notice as may be required by such exchange, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this clause, such manner of payment shall be deemed practicable by the Trustee.
Interest on this Certificate will accrue (computed as if each year consisted of 360 days and each month consisted of 30 days) during the Interest Accrual Period relating to such Distribution Date at the Pass-Through Rate on the Certificate Balance of this Certificate immediately prior to each Distribution Date.
Interest on any overdue principal or premium shall be payable on demand.