Special Interest definition

Special Interest shall have the meaning assigned thereto in Section 2(c) hereof.

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Special Interest means any interest that accrues on any Note pursuant to Section 7.03.

Special Interest means all special interest then owing pursuant to the Registration Rights Agreement.

Examples of Special Interest in a sentence

Thereupon the Trustee shall fix a record date (the “Special Record Date”) for the payment of such Defaulted Interest, which date shall be not more than 15 days and not less than 10 days prior to the Special Interest Payment Date and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment.
The Trustee and the Paying Agent shall have no duty to determine whether any Special Interest is payable or the amount thereof.
The Trustee shall promptly notify the Company of such Special Record Date, and in the name and at the expense of the Company, shall cause notice of the proposed payment of such Defaulted Interest and the Special Record Date and Special Interest Payment Date therefor to be given in the manner provided for in Section 12.2, not less than 10 days prior to such Special Record Date.
In the event the Issuer does not elect to pay Special Interest following an Event of Default in accordance with this Section 7.03 or the Issuer elected to make such payment but does not pay the Special Interest when due, the Notes shall be immediately subject to acceleration as provided in Section 7.02.
Notice of the proposed payment of such Defaulted Interest and the Special Record Date and Special Interest Payment Date therefor having been so given, such Defaulted Interest shall be paid on the Special Interest Payment Date to the Persons in whose names the Securities (or their respective predecessor Securities) are registered at the close of business on such Special Record Date and shall no longer be payable pursuant to the following clause (b).

More Definitions of Special Interest

Special Interest means all amounts, if any, payable pursuant to Section 4.06(d), Section 4.06(e) and Section 6.03, as applicable.

Special Interest has the meaning assigned to that term pursuant to the Registration Rights Agreement.

Special Interest. As defined in Section 5 hereof.

Special Interest means special or additional interest in respect of the Notes that is payable by the Issuers as liquidated damages upon specified registration defaults pursuant to any Registration Rights Agreement.

Special Interest means all liquidated damages then owing pursuant to the Registration Rights Agreement.

Special Interest means any interest that accrues on any Note pursuant to ‎Section 7.03.

Special Interest has the meaning set forth in the form of face of the Global Security in Section 2.02. Unless the context otherwise requires, references herein to “interest” on the Securities shall include Special Interest.