Common use of Interest Payment Dates; Interest Basis Clause in Contracts

Interest Payment Dates; Interest Basis. Interest accrued on each (i) Base Rate Advance or Alternative Currency Daily Rate Advance shall be payable on each Payment Date and (ii) other Advance shall be payable on the last day of its applicable Interest Period, and on any date on which such Advance is prepaid, whether due to acceleration or otherwise. Interest accrued on each Term Rate Advance having an Interest Period longer than three (3) months shall also be payable on the last day of each three (3)-month interval during such Interest Period. Interest on all Base Rate Advances calculated on the basis of the Base Rate shall be calculated on the basis of a year of 365 or 366 days, as the case may be, and the actual number of days elapsed. Interest on all other Advances shall be calculated for the actual number of days elapsed on the basis of a year of 360 days and the actual number of days elapsed, which results in a higher yield to the payee thereof than a method based on a year of 365 or 366 days provided, in the case of interest in respect of Loans denominated in Alternative Currencies as to which market practice differs from the foregoing, in accordance with such market practice. Interest shall be payable for the day an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 11:00 a.m. (San Francisco time) at the place of payment. If any payment of principal or interest on an Advance shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest in connection with such payment.

Interest Payment Dates; Interest Basis. Interest accrued on each (i) Base Fixed Rate Advance or Alternative Currency Daily Rate Advance shall be payable on each Payment Date and (ii) other Advance shall be payable on the last day of its applicable Interest Period, Period and on any date on which such Fixed Rate Advance is prepaid, whether due to acceleration or otherwise. Interest accrued on each Term Fixed Rate Advance having an Interest Period longer than three (3) months shall also be payable on the last day of each three (3)-month three-month interval during such Interest Period. Interest accrued on all Base each Floating Rate Advance shall be payable on each Payment Date, on any date on which such Floating Rate Advance is repaid, whether due to acceleration or otherwise, and on the Termination Date. Interest on Fixed Rate Advances calculated on the basis of the Base Rate and all fees under Sections 2.5.2 and 2.5.3 shall be calculated for the actual number of days elapsed on the basis of a year consisting of 365 or 366 360 days, as the case may be, and the actual number of days elapsed. Interest on all other Floating Rate Advances shall be calculated for the actual number of days elapsed on the basis of a year consisting of 360 days and the actual number of days elapsed365, which results in a higher yield to the payee thereof than a method based on a year of 365 or or, when appropriate, 366 days provided, in the case of interest in respect of Loans denominated in Alternative Currencies as to which market practice differs from the foregoing, in accordance with such market practicedays. Interest shall be payable for the day an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 11:00 a.m. noon (San Francisco Chicago time) at the place of payment. If any payment of principal of or interest on an Advance shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest in connection with such payment.

Interest Payment Dates; Interest Basis. Interest accrued on each (i) Base Rate Advance or Alternative Currency Daily -------------------------------------- Floating Rate Advance shall be payable in arrears on the first day of each calendar month, on any date on which such Floating Rate is prepaid, whether upon mandatory prepayment, by acceleration or otherwise, and at maturity. Interest accrued on each Payment Date and (ii) other Eurocurrency Advance shall be payable on the last day of its applicable Interest Period, and on any date on which such the Eurocurrency Advance is prepaid, whether due to upon mandatory prepayment, by acceleration or otherwise, and at maturity. Interest accrued on each Term Rate Eurocurrency Advance having an Interest Period longer than three (3) months shall also be payable on the last day of each three (3)-month three-month interval during such Interest Period. Interest on all Base Rate Eurocurrency Advances calculated (other than interest on the basis of the Base Rate shall be calculated on the basis of a year of 365 or 366 days, as the case may be, and the actual number of days elapsed. Interest on all other Eurocurrency Advances denominated in British Pounds Sterling) shall be calculated for the actual number of days elapsed on the basis of a year of 360 days 360-day year. Interest on Floating Rate Loans and the actual number of days elapsed, which results in a higher yield to the payee thereof than a method based on a year of 365 or 366 days provided, in the case of interest in respect of Eurocurrency Loans denominated in Alternative Currencies as to which market practice differs from British Pounds Sterling shall be calculated for actual days elapsed on the foregoing, in accordance with such market practicebasis of a 365-day year. Interest shall be payable for the day an a Subsidiary Borrower Advance is made but not for the day of any payment on the amount paid if payment is received prior to 11:00 a.m. noon (San Francisco local time) at the place of payment. If any payment of principal of or interest on an a Subsidiary Borrower Advance shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest in connection with such payment.

Interest Payment Dates; Interest Basis. Interest accrued on each (i) Base -------------------------------------- Fixed Rate Advance or Alternative Currency Daily Rate Advance shall be payable on each Payment Date and (ii) other Advance shall be payable on the last day of its applicable Interest Period, Period and on any date on which such the Advance is prepaid, whether due to acceleration or otherwise. Interest accrued on each Term Fixed Rate Advance having an Interest Period longer than three (3) months shall also be payable on the last day of each three (3)-month three-month interval during such Interest Period. Interest accrued on all Base each Floating Rate Advances calculated Advance shall be payable on each Payment Date and on any date on which the Advance is prepaid, whether due to acceleration or otherwise. Interest accrued on that portion of the outstanding principal amount of any Floating Rate Advance converted into a Eurodollar Ratable Advance on a day other than a Payment Date shall be payable on the basis date of the Base Rate shall be calculated on the basis of a year of 365 or 366 days, as the case may be, and the actual number of days elapsedconversion. Interest on all other Advances and commitment fees shall be calculated for the actual number of days elapsed on the basis of a year of 360 days and the actual number of days elapsed, which results in a higher yield to the payee thereof than a method based on a year of 365 or 366 days provided, in the case of interest in respect of Loans denominated in Alternative Currencies as to which market practice differs from the foregoing, in accordance with such market practice360-day year. Interest shall be payable for the day an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 11:00 a.m. noon (San Francisco local time) at the place of payment. If any payment of principal of or interest on an Advance shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest in connection with such payment.

Interest Payment Dates; Interest Basis. Interest accrued on each (i) Base Rate Advance or Alternative Currency Daily Floating Rate Advance shall be payable on each Payment Date, commencing with the first such date to occur after the date hereof, on any date on which the Floating Rate Advance is prepaid, whether due to acceleration or otherwise, and at maturity. Interest accrued on that portion of the outstanding principal amount of any Floating Rate Advance converted into a Eurodollar Advance on a day other than a Payment Date and (ii) other shall be payable on the date of conversion. Interest accrued on each Eurodollar Advance shall be payable on the last day of its applicable Interest Period, and on any date on which such the Eurodollar Advance is prepaid, whether due to by acceleration or otherwise, and at maturity. Interest accrued on each Term Rate Eurodollar Advance having an Interest Period longer than three (3) months shall also be payable on the last day of each three (3)-month three-month interval during such Interest Period. Interest on all Base Floating Rate Advances calculated on the basis of the Base Rate shall be calculated on the basis of a year of 365 or 366 days, as the case may be, and the actual number of days elapsed. Interest on all other Advances shall be calculated for the actual number of days elapsed on the basis of a year 365- or 366-day year, as appropriate. Interest on Eurodollar Advances shall be calculated for actual days elapsed on the basis of 360 days and the actual number of days elapsed, which results in a higher yield to the payee thereof than a method based on a year of 365 or 366 days provided, in the case of interest in respect of Loans denominated in Alternative Currencies as to which market practice differs from the foregoing, in accordance with such market practice360-day year. Interest shall be payable for the day an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 11:00 a.m. noon (San Francisco local time) at the place of payment. If any payment of principal of or interest on an Advance shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest in connection with such payment.

Interest Payment Dates; Interest Basis. Interest accrued on each (i) Base Rate Advance or Alternative Currency Daily Rate Advance shall be payable on each Payment Date and (ii) other Advance shall be payable on the last day of its applicable Interest Period, and on any date on which such Advance is prepaid, whether due to acceleration or otherwise. Interest accrued on each Term Rate Advance having an Interest Period longer than three (3) months shall also be payable on the last day of each three (3)-month interval during such Interest Period. Interest on all Base Rate Advances calculated on the basis of the Base Rate shall be calculated on the basis of a year of 365 or 366 days, as the case may be, and the actual number of days elapsed. Interest on all other Advances shall be calculated for the actual number of days elapsed on the basis of a year of 360 days and the actual number of days elapsed, which results in a higher yield to the payee thereof than a method based on a year of 365 or 366 days provided, in the case of interest in respect of Loans denominated in Alternative Currencies as to which market practice differs from the foregoing, in accordance with such market practice. Interest shall be payable for the day an Advance is made but not for the day of any payment on the amount paid if 201380721_5 payment is received prior to 11:00 a.m. (San Francisco time) at the place of payment. If any payment of principal or interest on an Advance shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest in connection with such payment.

Interest Payment Dates; Interest Basis. Interest accrued on each (i) Base Rate Advance or Alternative Currency Daily Rate Advance shall be payable on each Payment Date and (ii) other Advance shall be payable on the last day of its applicable Interest Period, and on any date on which such Advance is prepaid, whether due to acceleration or otherwise. Interest accrued on each Term Rate Advance having an Interest Period longer than three (3) months shall also be payable on the last day of each three (3)-month interval during such Interest Period. Interest on all Base Rate Advances calculated on the basis of the Base Rate shall be calculated on the basis of a year of 365 or 366 days, as the case may be, and the actual number of days elapsed. Interest on all other Advances shall be calculated for the actual number of days elapsed on the basis of a year of 360 days and the actual number of days elapsed, which results in a higher yield to the payee thereof than a method based on a year of 365 or 366 days provided, in the case of interest in respect of Loans denominated in Alternative Currencies as to which market practice differs from the foregoing, in accordance with such market practice. Interest shall be payable for the day an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 11:00 a.m. (San Francisco time) at the place of payment. If any payment of principal or interest on an Advance shall become due on a day which is not a 201174747_5 Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest in connection with such payment.

Interest Payment Dates; Interest Basis. Interest accrued on each (i) Base Rate Advance or Alternative Currency Daily Floating Rate Advance shall be payable on each Payment Date Date, commencing with the first such date to occur after the date hereof and (ii) other at maturity. Interest accrued on each Fixed Rate Advance shall be payable on the last day of its applicable Interest Period, Period and on any date on which such Advance is prepaid, whether due to acceleration or otherwise. Interest accrued on each Term Fixed Rate Advance having an Interest Period longer than three (3) months shall also be payable on the last day of each three (3)-month three-month interval during such Interest Period. Interest on all Base Fixed Rate Advances calculated on the basis of the Base Rate shall be calculated on the basis of a year of 365 or 366 days, as the case may be, and the actual number of days elapsed. Interest on all other Advances shall be calculated for the actual number of days elapsed on the basis of a year consisting of 360 days and days. Interest on Floating Rate Advances shall be calculated for the actual number of days elapsed, which results in a higher yield to elapsed on the payee thereof than a method based on basis of a year consisting of 365 or 365, or, when appropriate, 366 days provided, in the case of interest in respect of Loans denominated in Alternative Currencies as to which market practice differs from the foregoing, in accordance with such market practicedays. Interest shall be payable for the day an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 11:00 a.m. 1:00 p.m. (San Francisco local time) at the place of payment. If any payment of principal of or interest on an Advance shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest in connection with such payment.