Terms of the Fixed Rate Notes Sample Clauses

Terms of the Fixed Rate Notes. The following terms relating to the Fixed Rate Notes are hereby established pursuant to Section 3.01 of the Base Indenture: (a) The title of the Fixed Rate Notes shall be the “1.875% Senior Notes due 2017”; (b) The aggregate principal amount of the Fixed Rate Notes that may be authenticated and delivered under the Indenture shall not initially exceed $700,000,000 (except as otherwise provided in the Indenture); (c) Principal on the Fixed Rate Notes shall be payable on March 31, 2017; (d) The Fixed Rate Notes shall be issued in global registered form on April 1, 2014; and shall bear interest from April 1, 2014 at an annual rate of 1.875%, payable semi-annually in arrear on March 31 and September 30 in each year commencing on September 30, 2014 (each, an “Interest Payment Date”). Interest on the Fixed Rate Notes will be calculated on the basis of a 360-day year divided into twelve months of 30 days each and, in the case of an incomplete month, the actual number of days elapsed in such period. The Regular Record Dates for the Fixed Rate Notes will be the March 17 and September 16 in each year, whether or not a Business Day, immediately preceding the relevant Interest Payment Date. (e) No premium, upon redemption or otherwise, shall be payable by the Company on the Fixed Rate Notes; (f) Principal of and any interest on the Fixed Rate Notes shall be paid to the Holder through The Bank of New York Mellon, as paying agent of the Company having offices in London, United Kingdom; (g) The Fixed Rate Notes shall not be redeemable except as provided in Article 11 of the Base Indenture. In connection with any redemption of Fixed Rate Notes pursuant to Section 11.08 of the Base Indenture, the date referenced therein shall be March 27, 2014; (h) The Company shall have no obligation to redeem or purchase the Notes pursuant to any sinking fund or analogous provision; (i) The Fixed Rate Notes shall be issued only in denominations of $100,000 and integral multiples of $1,000 in excess thereof; (j) The principal amount of, and any accrued interest on, the Fixed Rate Notes shall be payable upon the declaration of acceleration thereof pursuant to Section 5.02 of the Base Indenture; (k) Additional Amounts shall only be payable on the Fixed Rate Notes pursuant to Section 10.04 of the Base Indenture; (l) The Fixed Rate Notes shall not be converted into or exchanged at the option of the Company for stock or other securities of the Company; (m) The Fixed Rate Notes shall be denomina...
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Terms of the Fixed Rate Notes. The Loan shall be evidenced by the Fixed Rate Notes. The Fixed Rate Notes shall be issued by the Owner Trustee under and pursuant to the Indenture, shall be, in the aggregate, in the principal amount of the Loan and shall bear interest at the rate or rates per annum and shall be payable as set forth in the Indenture.
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Related to Terms of the Fixed Rate Notes

  • Fixed Rate Notes If this Note is specified on the face hereof as a “Fixed Rate Note”: (i) This Note will bear interest at the rate per annum specified on the face hereof. Interest on this Note will be computed on the basis of a 360-day year of twelve 30-day months. (ii) Unless otherwise specified on the face hereof, the Interest Payment Dates for this Note will be as follows:

  • Floating Rate/Fixed Rate Notes If this Note is specified on the face hereof as a “Floating Rate/Fixed Rate Note”, this Note will bear interest at the rate determined by reference to the applicable Interest Rate Basis or Interest Rate Bases: (1) plus or minus the applicable Spread, if any; and/or (2) multiplied by the applicable Spread Multiplier, if any. Commencing on the first Interest Reset Date, the rate at which this Floating Rate/Fixed Rate Note is payable will be reset as of each Interest Reset Date; provided, however, that: (A) the interest rate in effect for the period, if any, from the Original Issue Date to the first Interest Reset Date will be the Initial Interest Rate specified on the face hereof; and (B) the interest rate in effect commencing on the Fixed Rate Commencement Date will be the Fixed Interest Rate, if specified on the face hereof, or, if not so specified, the interest rate in effect on the day immediately preceding the Fixed Rate Commencement Date.

  • Floating Rate Notes If this Note is specified on the face hereof as a “Floating Rate Note”:

  • Interest on Fixed Rate Notes Each Fixed Rate Note bears interest from (and including) the Interest Commencement Date which is specified in the applicable Pricing Supplement at the rate(s) per annum equal to the Fixed Rate(s) of Interest specified in the applicable Pricing Supplement to (but excluding) the Fixed Interest Date(s) in each year and to (but excluding) the Maturity Date so specified if it does not fall on a Fixed Interest Date, and such interest will be paid in arrear on the Fixed Interest Date(s) or the Maturity Date so specified (as the case may be). The first payment of interest shall be made on the Fixed Interest Date next following the Interest Commencement Date and, if the first anniversary of the Interest Commencement Date is not a Fixed Interest Date, will amount to the Initial Broken Amount specified in the applicable Pricing Supplement. If the Maturity Date is not a Fixed Interest Date, interest from (and including) the preceding Fixed Interest Date (or the Interest Commencement Date) to (but excluding) the Maturity Date will amount to the Final Broken Amount specified in the applicable Pricing Supplement. Except in the case of Notes in definitive form where a Fixed Coupon Amount or Broken Amount is specified in the applicable Pricing Supplement, interest shall be calculated in respect of any period by applying the Rate of Interest to: (A) in the case of Fixed Rate Notes which are represented by a Global Note, the aggregate outstanding nominal amount of the Fixed Rate Notes represented by such Global Note (or, if they are Partly Paid Notes, the aggregate amount paid up); or (B) in the case of Fixed Rate Notes in definitive form, the Calculation Amount; and, in each case, multiplying such sum by the applicable Day Count Fraction, and rounding the resultant figure to the nearest sub-unit of the relevant Specified Currency, half of any such sub-unit being rounded upwards or otherwise in accordance with applicable market convention. Where the Specified Denomination of a Fixed Rate Note in definitive form is a multiple of the Calculation Amount, the amount of interest payable in respect of such Fixed Rate Note shall be the product of the amount (determined in the manner provided above) for the Calculation Amount and the amount by which the Calculation Amount is multiplied to reach the Specified Denomination without any further rounding.

  • Regular Floating Rate Note Unless this Note is specified on the face hereof as a Floating Rate/Fixed Rate Note, this Note (a “Regular Floating Rate Note”) will bear interest at the rate determined by reference to the applicable Interest Rate Basis or Interest Rate Bases: (1) plus or minus the applicable Spread, if any; and/or (2) multiplied by the applicable Spread Multiplier, if any. Commencing on the first Interest Reset Date, the rate at which interest on this Regular Floating Rate Note is payable will be reset as of each Interest Reset Date; provided, however, that the interest rate in effect for the period, if any, from the Original Issue Date to the first Interest Reset Date will be the Initial Interest Rate.