Interest is required to be paid solely in kind or through a combination of cash and in kind interest, and may shift to all cash at a given point in time, but all of this is predetermined and agreed upon at issuance.
ˈɪntɹɛst ɪz ɹᵻkwˈaɪɚd təbi pˈeɪd sˈoʊlli ɪn kˈaɪnd ɔːɹ θɹuː ɐ kˌɑːmbᵻnˈeɪʃən ʌv kˈæʃ ænd ɪn kˈaɪnd ˈɪntɹɛst, ænd mˈeɪ ʃˈɪft tʊ ˈɔːl kˈæʃ æɾə ɡˈɪvən pˈɔɪnt ɪn tˈaɪm, bˌʌt ˈɔːl ʌv ðɪs ɪz pɹɪdɪtˈɜːmɪnd ænd ɐɡɹˈiːd əpˌɑːn æɾ ˈɪʃuːəns.