Common use of Interest and Additional Amounts Clause in Contracts

Interest and Additional Amounts. The Company covenants and agrees for the benefit of the Holders of each series of Debt Securities that it will duly and punctually pay the principal of (and premium, if any) and interest on and any Additional Amounts payable in respect of the Debt Securities of that series in accordance with the terms of such series of Debt Securities, any coupons appertaining thereto and this Indenture. Unless otherwise specified as contemplated by Section 301 with respect to any series of Debt Securities, any interest due on and any Additional Amounts payable in respect of Bearer Debt Securities on or before Maturity, other than Additional Amounts, if any, payable as provided in Section 1015 in respect of principal of (or premium, if any, on) such a Debt Security, shall be payable only upon presentation and surrender of the several coupons for such interest installments as are evidenced thereby as they severally mature.