Common use of Floating Rate Notes Clause in Contracts

Floating Rate Notes. If the Floating Rate Notes of any Series become immediately due and repayable under Condition 9 (Events of Default and Enforcement) the rate and/or amount of interest payable in respect of them will be calculated by the Calculation Agent at the same intervals as if such Notes had not become due and repayable, the first of which will commence on the expiry of the Interest Period during which the Notes of the relevant Series become so due and repayable mutatis mutandis in accordance with the provisions of Condition 4 (Interest) except that the rates of interest need not be published.

Appears in 2 contracts

Sources: Supplemental Trust Deed, Seventh Supplemental Trust Deed

Floating Rate Notes. If the Floating Rate Notes of any Series become immediately due and repayable under Condition 9 10 (Events of Default and Enforcement) ), the rate and/or amount of interest payable in respect of them will be calculated by the Calculation Agent at the same intervals as if such Notes had not become due and repayable, the first of which will commence on the expiry of the Interest Period during which the Notes of the relevant Series become so due and repayable mutatis mutandis in accordance with the provisions of Condition 4 5 (Interest) except that the rates of interest need not be published.

Appears in 1 contract

Sources: Trust Deed (VEON Ltd.)

Floating Rate Notes. If the Floating Rate Notes of any Series become immediately due and repayable under Condition 9 10 (Events of Default and Enforcement) the rate and/or amount of interest payable in respect of them will be calculated by the Calculation Agent at the same intervals as if such Notes had not become due and repayable, the first of which will commence on the expiry of the Interest Period during which the Notes of the relevant Series become so due and repayable mutatis mutandis in accordance with the provisions of Condition 4 5 (Interest) except that the rates of interest need not be published.

Appears in 1 contract

Sources: Supplemental Trust Deed

Floating Rate Notes. β€Œ If the Floating Rate Notes of any Series become immediately due and repayable under Condition 9 (Events of Default and Enforcement) the rate and/or amount of interest payable in respect of them will be calculated by the Calculation Agent at the same intervals as if such Notes had not become due and repayable, the first of which will commence on the expiry of the Interest Period during which the Notes of the relevant Series become so due and repayable mutatis mutandis in accordance with the provisions of Condition 4 (Interest) except that the rates of interest need not be published.

Appears in 1 contract

Sources: Eighth Supplemental Trust Deed