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

Interest Payment Dates; Interest Basis. Interest accrued on each Alternate Base Rate Advance shall be payable on each Payment Date and at maturity. Interest accrued on each Eurocurrency Advance, or Alternate Currency Advance shall be payable on the last day of its applicable Interest Period, on any date on which such Eurocurrency Advance or Alternate Currency Advance is prepaid, whether by acceleration or otherwise, and at maturity. Interest accrued on each Eurocurrency Advance or Alternate Currency Advance having an Interest Period longer than three months shall also be payable on the last day of each three-month interval during such Interest Period. Interest and utilization fees on Alternate Base Rate Loans, Alternate Currency Loans denominated in Sterling and Eurocurrency Loans denominated in Sterling and the facility fee shall be calculated for actual days elapsed on the basis of a 365/366-day year. Interest and utilization fees on all Alternate Currency Loans and Eurocurrency Loans, in each case, other than those denominated in Sterling, shall be calculated for actual days elapsed on the basis of a 360-day year (or a 365-day year if that is deemed by the Administrative Agent to be consistent with market practices for the applicable currency for any Agreed Currency added after the date hereof). 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 noon (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 -------------------------------------- Alternate Base Rate Advance and each Swing Loan shall be payable on each Payment Date and with respect to any Swing Loan, on any date on which such Swing Loan is repaid or prepaid, whether due to acceleration or otherwise and at maturity. Interest accrued on each Eurocurrency Advance, or Alternate Currency Advance shall be payable on the last day of its applicable Interest Period, on any date on which such Eurocurrency Advance or Alternate Currency Advance is prepaid, whether by acceleration or otherwise, and at maturity. Interest accrued on each Eurocurrency Advance or Alternate Currency Advance having an Interest Period longer than three months shall also be payable on the last day of each three-month interval during such Interest Period. Interest and utilization fees Except as may otherwise be prescribed in the applicable Alternate Currency Addendum, interest on Alternate Base Rate Loans, Alternate Currency Loans denominated in Sterling Loans, the commitment fee payable under Section 2.4.1 ------------- and Eurocurrency Loans denominated in Sterling and the facility fee any other fees payable pursuant to this Agreement shall be calculated for actual days elapsed on the basis of a 365/366-day year. Interest and utilization fees on all Alternate Currency All Eurocurrency Loans and Eurocurrency Loans, in each case, other than those denominated in Sterling, shall be calculated for actual days elapsed on the basis of a 360-day year (or a 365-day year if that is deemed by the Administrative Agent to be consistent with market practices for the applicable currency for any Agreed Currency added after the date hereofcurrency). 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 noon (local time) at the place of payment. If any payment of principal of or interest on an Advance or a Swing Loan 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 Alternate Base Rate Advance and each Swing Loan shall be payable on each Payment Date and with respect to any Swing Loan, on any date on which such Swing Loan is repaid or prepaid, whether due to acceleration or otherwise and at maturity. Interest accrued on each Eurocurrency Advance, or Alternate Currency Advance shall be payable on the last day of its applicable Interest Period, on any date on which such Eurocurrency Advance or Alternate Currency Advance is prepaid, whether by acceleration or otherwise, and at maturity. Interest accrued on each Eurocurrency Advance or Alternate Currency Advance having an Interest Period longer than three months shall also be payable on the last day of each three-month interval during such Interest Period. Interest and utilization fees Except as may otherwise be prescribed in the applicable Alternate Currency Addendum, interest on Alternate Base Rate Loans, Alternate Currency Loans denominated in Sterling Loans, the commitment fee payable under Section 2.4.1 and Eurocurrency Loans denominated in Sterling and the facility fee any other fees payable pursuant to this Agreement shall be ------------- calculated for actual days elapsed on the basis of a 365/366-day year. Interest and utilization fees on all Alternate Currency All Eurocurrency Loans and Eurocurrency Loans, in each case, other than those denominated in Sterling, shall be calculated for actual days elapsed on the basis of a 360-day year (or a 365-day year if that is deemed by the Administrative Agent to be consistent with market practices for the applicable currency for any Agreed Currency added after the date hereofcurrency). 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 noon (local time) at the place of payment. If any payment of principal of or interest on an Advance or a Swing Loan 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.