Common use of Payment of Special Interest and Additional Interest Clause in Contracts

Payment of Special Interest and Additional Interest. The Notes will not bear regular interest, and the principal amount of the Notes will not accrete; provided, however, that Additional Interest and Special Interest will accrue on the Notes to the extent, and only to the extent, provided in Sections 3.04 and 7.03, respectively. The amount of any such Special Interest or Additional Interest that is payable on any applicable Interest Payment Date will be the amount of unpaid Special Interest or Additional Interest, as applicable, 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 Sections 3.04 and 7.03, as applicable) to, but excluding, such Interest Payment Date (or, if earlier, the date as of which such interest has ceased to accrue, as provided in Sections 3.04 and 7.03, as applicable). If any Special Interest or Additional 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. Additional Interest and Special Interest, if any, on the Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months.

Payment of Special Interest and Additional Interest. The Notes will not bear regular interest, and the principal amount of the Notes will not accrete; provided, however, that Additional Interest and Special Interest will accrue on the Notes to the extent, and only to the extent, provided in Sections Section 3.04 and Section 7.03, respectively. The amount of any such Special Interest or Additional Interest that is payable on any applicable Interest Payment Date will be the amount of unpaid Special Interest or Additional Interest, as applicable, that has accrued from, and including, the last date as of which such interest has been paid or duly provided for (or or, if later, the date as of which such interest has begun to accrue, as provided in Sections Section 3.04 and Section 7.03, as applicable) to, but excluding, such Interest Payment Date (or, if earlier, the date as of which such interest has ceased to accrue, as provided in Sections Section 3.04 and Section 7.03, as applicable). If any Special Interest or Additional 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. Additional Interest, Deferred Additional Interest and Special Interest, if any, on the Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months.

Payment of Special Interest and Additional Interest. The Notes will not bear regular interest, and the principal amount of the Notes will not accrete; provided, however, that Additional Interest and Special Interest will accrue on the Notes to the extent, and only to the extent, provided in Sections Section 3.04 and Section 7.03, respectively, whether or not a Business Day. The amount of any such Special Interest or Additional Interest that is payable on any applicable Interest Payment Date will be the amount of unpaid Special Interest or Additional Interest, as applicable, 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 Sections Section 3.04 and or Section 7.03, as applicable) to, but excluding, such Interest Payment Date (or, if earlier, the date as of which such interest has ceased to accrue, as provided in Sections Section 3.04 and or Section 7.03, as applicable). If any Special Interest or Additional 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. Additional Interest and Special Interest, if any, on the Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months.

Payment of Special Interest and Additional Interest. The Notes will not bear regular interest, and the principal amount of the Notes will not accrete; provided, however, that Additional Special Interest and Special Additional Interest will accrue on the Notes to the extent, and only to the extent, provided in Sections 3.04 and 7.03, respectively. The amount of any such Special Interest or Additional Interest that is payable on any applicable Interest Payment Date will be the amount of unpaid Special Interest or Additional Interest, as applicable, 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 Sections Section 3.04 and or 7.03, as applicable) to, but excluding, such Interest Payment Date (or, if earlier, the date as of which such interest has ceased to accrue, as provided in Sections Section 3.04 and or 7.03, as applicable). If any Special Interest or Additional 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. Additional Special Interest and Special Additional Interest, if any, on the Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months.

Payment of Special Interest and Additional Interest. The Notes will not bear regular interest, and the principal amount of the Notes will not accrete; provided, however, that Additional Special Interest and Special Additional Interest will accrue on the Notes to the extent, and only to the extent, provided in Sections 3.04 7.03 and 7.033.04, respectively, and will be payable in arrears on the next Interest Payment Date to Holders of Notes as of the close of business on the immediately preceding Interest Record Date, whether or not a Business Day. The amount of any such Special Interest or Additional Interest that is payable on any applicable Interest Payment Date will be the amount of unpaid Special Interest or Additional Interest, as applicable, 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 Sections 3.04 7.03 and 7.033.04, as applicable) to, but excluding, such Interest Payment Date (or, if earlier, the date as of which such interest has ceased to accrue, as provided in Sections 3.04 7.03 and 7.033.04, as applicable). If any Special Interest or Additional 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. Additional Interest and Special Interest, if any, on the Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months.

Payment of Special Interest and Additional Interest. The Notes will not bear regular interest, and the principal amount of the Notes will not accrete; accrete; provided, however, that Additional Interest and Special Interest will accrue on the Notes to the extent, and only to the extent, provided in Sections 3.04 and 7.03, respectively. If any Special Interest or Additional 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. The amount of any such Special Interest or Additional Interest that is payable on any applicable Interest Payment Date will be the amount of unpaid Special Interest or Additional Interest, as applicable, 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 Sections Section 3.04 and or 7.03, as applicable) to, but excluding, such Interest Payment Date (or, if earlier, the date as of which such interest has ceased to accrue, as provided in Sections Section 3.04 and or 7.03, as applicable). If any Special Interest or Additional 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. Additional Interest and Special Interest, if any, on the Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months.