Common use of Overdue Principal and Interest Clause in Contracts

Overdue Principal and Interest. Overdue principal and, to the extent payment of such interest shall be legally enforceable, overdue installments of interest shall bear interest at the rate of 5 7⁄8% per annum.

Appears in 1 contract

Sources: Supplemental Indenture (Standard Pacific Corp /De/)

Overdue Principal and Interest. Overdue principal and, to the extent payment of such interest shall be legally enforceable, overdue installments of interest shall bear interest at the rate of 5 7⁄81⁄4% per annum.

Appears in 1 contract

Sources: Supplemental Indenture (CalAtlantic Group, Inc.)

Overdue Principal and Interest. Overdue principal and, to the extent payment of such interest shall be legally enforceable, overdue installments of interest shall bear interest at the rate of 5 7⁄88.375% per annum.

Appears in 1 contract

Sources: Supplemental Indenture (Standard Pacific Corp /De/)

Overdue Principal and Interest. Overdue principal and, to the extent payment of such interest shall be legally enforceable, overdue installments of interest shall bear interest at the rate of 5 7⁄86.25% per annum.

Appears in 1 contract

Sources: Twentieth Supplemental Indenture (Standard Pacific Corp /De/)

Overdue Principal and Interest. Overdue principal and, to the extent payment of such interest shall be legally enforceable, overdue installments of interest shall bear interest at the rate of 5 7⁄85% per annum.

Appears in 1 contract

Sources: Supplemental Indenture (CalAtlantic Group, Inc.)

Overdue Principal and Interest. Overdue principal and, to the extent payment of such interest shall be legally enforceable, overdue installments of interest shall bear interest at the rate of 5 7⁄81/8% per annum.

Appears in 1 contract

Sources: Seventh Supplemental Indenture (Standard Pacific Corp /De/)

Overdue Principal and Interest. Overdue principal and, to the extent payment of such interest shall be legally enforceable, overdue installments of interest shall bear interest at the rate of 5 7⁄8% 6¼% per annum.

Appears in 1 contract

Sources: Eighth Supplemental Indenture (Standard Pacific Corp /De/)