Common use of Interest Payment or Accrual Clause in Contracts

Interest Payment or Accrual. (i) During the Deferred Interest Period, accrued and unpaid interest on the Principal of the Original Loan shall be added to the aggregate principal amount of the Original Loan as of the close of business on each Quarterly Payment Date (the “Deferred Interest Portion”) commencing with the Quarterly Payment Date on March 31, 2001. At the expiration of the Deferred Interest Period, the entire Deferred Interest Portion shall be payable upon demand. Thereafter, accrued interest shall be due and payable quarterly in arrears on each Quarterly Payment Date. In addition, all accrued and unpaid interest shall be paid upon the payment in full of the Principal of the Original Loan and, if payment in full is not made when due, thereafter on demand. For illustration purposes only, an interest calculation reflecting the application of this Section 2.3(b)(i) to the Original Loan is set forth on Schedule 2.3(b)(i) attached hereto.

Interest Payment or Accrual. (i) During the Deferred Interest Period, accrued and unpaid interest on the Principal of the Original Loan shall be added to the aggregate principal amount of the Original Loan as of the close of business on each Quarterly Payment Date (the “"Deferred Interest Portion”") commencing with the Quarterly Payment Date on March 31, 2001. At the expiration of the Deferred Interest Period, the entire Deferred Interest Portion shall be payable upon demand. Thereafter, accrued interest shall be due and payable quarterly in arrears on each Quarterly Payment Date. In addition, all accrued and unpaid interest shall be paid upon the payment in full of the Principal of the Original Loan and, if payment in full is not made when due, thereafter on demand. For illustration purposes only, an interest calculation reflecting the application of this Section 2.3(b)(i) to the Original Loan is set forth on Schedule 2.3(b)(i) attached hereto.