NO REGULAR INTEREST; ACCRUAL AND PAYMENT OF SPECIAL INTEREST Sample Clauses

NO REGULAR INTEREST; ACCRUAL AND PAYMENT OF SPECIAL INTEREST. AND ADDITIONAL INTEREST; DEFAULTED AMOUNTS; WHEN PAYMENT DATE IS NOT A BUSINESS DAY.
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NO REGULAR INTEREST; ACCRUAL AND PAYMENT OF SPECIAL INTEREST. Defaulted Amounts; When Payment Date is Not a Business Day 19 Section 2.06. Registrar, Paying Agent and Conversion Agent 20 Section 2.07. Paying Agent and Conversion Agent to Hold Property in Trust 21 Section 2.08. Holder Lists 21 Section 2.09. Legends 21 Section 2.10. Transfers and Exchanges; Certain Transfer Restrictions 22 Section 2.11. Exchange and Cancellation of Notes to Be Converted or to Be Repurchased Pursuant to a Repurchase Upon Fundamental Change or Redemption 26 Section 2.12. Replacement Notes 27 Section 2.13. Registered Holders; Certain Rights with Respect to Global Notes 27 Section 2.14. Cancellation 27 Section 2.15. Notes Held by the Company or its Affiliates 27 Section 2.16. Temporary Notes 28 Section 2.17. Outstanding Notes 28 Section 2.18. Repurchases by the Company 29 Section 2.19. C▇▇▇▇ and ISIN Numbers 29 Article 3. Covenants 29 Section 3.01. Payment on Notes 29 Section 3.02. Exchange Act Reports 29 Section 3.03. Compliance and Default Certificates 30 Section 3.04. Stay, Extension and Usury Laws 30 Section 3.05. Acquisition of Notes by the Company and its Affiliates 31 Section 3.06. Existence 31 Article 4. Repurchase and Redemption 31 Section 4.01. No Sinking Fund 31 Section 4.02. Right of Holders to Require the Company to Repurchase Notes Upon a Fundamental Change 31
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NO REGULAR INTEREST; ACCRUAL AND PAYMENT OF SPECIAL INTEREST. The Notes will not bear regular interest, and the principal amount of the Notes will not accrete; provided, however, that Special Interest will accrue on the Notes to the extent, and only to the extent, provided in ‎Section ‎7.03. The amount of any such Special Interest that is payable on any applicable Interest Payment Date will be the amount of unpaid Special Interest that has accrued from, and including, the last date as of which such interest has been paid or duly provided for (or if later, the date as of which such interest has begun to accrue, as provided in ‎Section ‎7.03) to, but excluding, such Interest Payment Date (or, if earlier, the date as of which such interest has ceased to accrue, as provided in ‎Section ‎7.03). If any Special Interest has accrued on any Note, then such interest will be payable in arrears on the next Interest Payment Date to the Holder of such Note as of the Close of Business on the immediately preceding Interest Record Date. Special Interest, if any, on the Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months.
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Related to NO REGULAR INTEREST; ACCRUAL AND PAYMENT OF SPECIAL INTEREST

  • Amount and Payment of Special Interest Any Special Interest that accrues on a Note pursuant to Section 7.03(A) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one quarter of one percent (0.25%) of the principal amount thereof for the first ninety (90) days on which Special Interest accrues and, thereafter, at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof; provided, however, that in no event will Special Interest, together with any Additional Interest, accrue on any day on a Note at a combined rate per annum that exceeds one half of one percent (0.50%). For the avoidance of doubt, any Special Interest that accrues on a Note will be in addition to the Stated Interest that accrues on such Note and, subject to the proviso of the immediately preceding sentence, in addition to any Additional Interest that accrues on such Note.