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

Interest Payment Dates; Interest and Fee Basis. Interest accrued on each ABR Advance shall be payable monthly, with such payment being due, with respect to any calendar month, not later than the fifth day after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of September 2012). Interest accrued on each Fixed Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate Advance is prepaid, whether due to acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate Advance having an Interest Period longer than three months shall also be payable on the first day of each calendar quarter during such Interest Period. Interest and fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. (New York time) at the place of payment. If any payment of principal of or interest on a 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 and Fee Basis. Interest accrued on each ABR Floating Rate Advance shall be payable monthly, with such payment being due, with respect to any on the first date of each calendar month, not later than commencing with the fifth day first such date to occur after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of September 2012)date hereof. Interest accrued on each Fixed Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate Advance is prepaid, whether due to acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate Advance having an Interest Period longer than three months shall also be payable on the first day of each calendar quarter during such Interest Period. Interest and fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Floating Rate Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. (New York time) at the place of payment. If any payment of principal of or interest on a Loan 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 and Fee Basis. Interest accrued on each ABR Advance shall be payable monthly, with such payment being due, with respect to any calendar month, not later than the fifth day after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of September 2012August 2018). Interest accrued on each Fixed Rate Eurodollar Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate Eurodollar Advance is prepaid, whether due to acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate Eurodollar Advance having an Interest Period longer than three months shall also be payable on each day prior to the last day of such Interest Period that occurs at intervals of three months’ duration after the first day of each calendar quarter during such Interest Period. Interest and fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. (New York time) at the place of payment. If any payment of principal of or interest on a 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, and such extension of time shall be included in computing interest in connection with such payment.

Interest Payment Dates; Interest and Fee Basis. Interest accrued on each ABR Advance shall be payable monthly, with such payment being due, with respect to any calendar month, not later than the fifth day after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of September 2012). Interest accrued on each Fixed Floating Rate Advance shall be payable on each Payment Date, commencing with the last day of its applicable Interest Periodfirst such date to occur after the date hereof, on any date on which the Fixed Floating Rate Advance is prepaid, whether due to acceleration or otherwise, or is converted into another Type of Advance, and at maturity. Interest accrued on each Fixed Eurodollar Advance and Transaction Rate Advance shall be payable on the last day of each applicable Interest Period, on any date on which such Advance is prepaid, whether by acceleration or otherwise, or is converted into another Type of Advance, and at maturity. Interest accrued on each Eurodollar Advance and Transaction Rate Advance having an Interest Period longer than three months shall also be payable on the first last day of each calendar quarter three-month interval during such Interest Period. Interest and commitment fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360-day year year, except that interest on ABR Advances made accruing at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-, or when appropriate 366, day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. noon (New York local time) at the place of payment. If any payment of principal of or interest on a Loan 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 and Fee Basis. Interest accrued on each ABR Advance shall be payable monthly, with such payment being due, with respect to any calendar month, not later than the fifth day after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of September 2012March 2022). Interest accrued on each Fixed Rate Term SOFR Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate Term SOFR Advance is prepaid, whether due to acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate Term SOFR Advance having an Interest Period longer than three months shall also be payable on each day prior to the last day of such Interest Period that occurs at intervals of three months’ duration after the first day of each calendar quarter during such Interest Period. Interest and fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. (New York time) at the place of payment. If any payment of principal of or interest on a 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, and such extension of time shall be included in computing interest in connection with such payment.

Interest Payment Dates; Interest and Fee Basis. Interest accrued on each ABR Advance shall be payable monthly, with such payment being due, with respect to any calendar month, not later than the fifth day after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of September 2012). Interest accrued on each Fixed Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate Advance is prepaid, whether due to acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate Advance having an Interest Period longer than three months shall also be payable on the first day of each calendar quarter during such Interest Period. Interest and fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan Revolving Credit Advance is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. (New York time) at the place of payment. If any payment of principal of or interest on a Loan Revolving Credit 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 and Fee Basis. Interest accrued on each ABR Advance shall be payable monthly, with such payment being due, with respect to any calendar month, not later than the fifth day after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of September 2012). Interest accrued on each Fixed Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate Advance is prepaid, whether due to acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate Advance having an Interest Period longer than three months shall also be payable on the first day of each calendar quarter during such Interest Period. Interest and fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Revolving Credit Loan is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. (New York time) at the place of payment. If any payment of principal of or interest on a Revolving Credit 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 and Fee Basis. Interest accrued on each ABR Floating Rate Advance shall be payable monthlyon each Payment Date, commencing with the first such payment being duedate to occur after the date hereof, with respect 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 calendar month, not later Floating Rate Advance converted into a Eurodollar Advance on a day other than a Payment Date shall be payable on the fifth day after submission by the Administrative Agent to the Borrower date of an invoice for such calendar month (or portion thereof in the case of September 2012)conversion. Interest accrued on each Fixed Rate Eurodollar Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate Eurodollar Advance is prepaid, whether due to by acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate Eurodollar Advance having an Interest Period longer than three months shall also be payable on the first last day of each calendar quarter three-month interval during such Interest Period. Interest and fees under this Agreement on all Advances shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. noon (New York Chicago, Illinois time) at the place of payment. If any payment of principal of or interest on a Loan 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 and Fee Basis. Interest accrued on ---------------------------------------------- each ABR Alternate Base Rate Advance shall be payable monthlyon each Payment Date, commencing with the first such payment being duedate to occur after the date hereof, with respect on any date on which the Alternate Base Rate Advance is prepaid, whether due to any calendar monthacceleration or otherwise, not later than the fifth day after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of September 2012)and at maturity. Interest accrued on each Fixed Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate Advance is prepaid, whether due to acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate Advance having an Interest Period longer than three months or 90 days, as the case may be, shall also be payable on the first last day of each calendar quarter three-month interval (in the case of Eurocurrency Committed Advances or Eurodollar Bid Rate Advances) or 90-day interval (in the case of Absolute Rate Advances) during such Interest Period. Interest and fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. noon (New York local time) at the place of payment. If any payment of principal of or interest on a Loan 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 and Fee Basis. Interest accrued on each ABR Advance shall be payable monthly, with such payment being due, with respect to any calendar month, not later than the fifth day after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of September 2012). Interest accrued arrears on each Fixed Rate Advance shall be payable on the last day of its applicable Interest PeriodPayment Date, on any date on which the Fixed Rate Advance is prepaid, whether due to by acceleration or otherwise, and at maturityon the Facility Termination Date with respect to such Advance. Interest In addition, interest accrued on each Fixed that portion of the outstanding principal of any Base Rate Advance having an Interest Period longer converted to a Term SOFR Advance on any day other than three months a Payment Date shall also be payable on the first day date of each calendar quarter during conversion. With respect to interest on all SXXXX Advances and Base Rate Advances, Ticking Fees and other fees hereunder, such Interest Period. Interest and interest or fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360365/366-day year except that year. With respect to all Term SOFR Advances, interest on ABR Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days dates elapsed on the basis of a 365360-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. (New York time) at the place of payment. If any payment of principal of or interest on a Loan an Advance, any fees or any other amounts payable to any Agent or any Lender hereunder 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 interest, fees and commissions in connection with such payment.

Interest Payment Dates; Interest and Fee Basis. Interest accrued on each ABR Floating Rate Advance shall be payable monthlyon each Payment Date, with on any date on which such payment being dueFloating Rate Advance is prepaid, with respect whether due to acceleration or otherwise, and at maturity. Interest accrued on that portion of the outstanding principal amount of any calendar month, not later Floating Rate Advance converted into a SOFR Advance on a day other than a Payment Date shall be payable on the fifth day after submission by the Administrative Agent to the Borrower date of an invoice for such calendar month (or portion thereof in the case of September 2012)conversion. Interest accrued on each Fixed Rate SOFR Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate such SOFR Advance is prepaid, whether due to by acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate Advance having an Interest Period longer than three months shall also be payable on the first day of each calendar quarter during such Interest Period. Interest and fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Advances made at the Prime Rate and Absolute Floating Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (year or, if applicablewhen appropriate, a 366-day) day year. All other interest and all fees shall be calculated for actual days elapsed on the basis of a 360-day year. Interest shall be payable for the day a Loan an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. noon (New York time) at the place of payment. If any payment of principal of or interest on a Loan 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 and Fee Basis. Interest accrued on each ABR Floating Rate Advance shall be payable monthlyon each the first date of each calendarm onth, commencing with the first such payment being due, with respect date to any calendar month, not later than occur after the fifth day after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of September 2012)date hereof. Interest accrued on each Fixed Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate Advance is prepaid, whether due to acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate Advance having an Interest Period longer than three months shall also be payable on the first day of each calendar quarter Quarterly Payment Date during such Interest Period. Interest and fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Floating Rate Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. noon (New York Chicago time) at the place of payment. If any payment of principal of or interest on a Loan 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 and Fee Basis. Interest accrued ---------------------------------------------- on each ABR Floating Rate Advance shall be payable monthlyon each Payment Date, commencing with the first such payment being duedate to occur after the date hereof, with respect on any date on which the Floating Rate Advance is paid, whether due to acceleration or otherwise, and at maturity. Interest accrued on that portion of the outstanding principal amount of any calendar month, not later Floating Rate Advance converted into a Fixed Rate Syndicated Advance on a day other than a Payment Date shall be payable on the fifth day after submission by the Administrative Agent to the Borrower date of an invoice for such calendar month (or portion thereof in the case of September 2012)conversion. Interest accrued on each Fixed Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate Advance is prepaidpaid, whether due to by acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate Advance having an Interest Period longer than three months shall also be payable on the first last day of each calendar quarter three-month interval during such Interest Period. Interest on Advances and facility fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. noon (New York local time) at the place of payment. If any payment of principal of or interest on a Loan 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 and Fee Basis. Interest accrued on each ABR Alternate Base Rate Advance shall be payable monthlyon each Payment Date, commencing with the first such payment being duedate to occur after the date hereof, with respect on any date on which an Alternate Base Rate Advance is prepaid, whether due to any calendar monthacceleration or otherwise, not later than the fifth day after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of September 2012)and at maturity. Interest accrued on each Fixed Eurodollar Advance or Absolute Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Eurodollar Advance or Absolute Rate Advance is prepaid, whether due to by acceleration or otherwise, and at maturity. Interest accrued on each Fixed Eurodollar Advance or Absolute Rate Advance having an Interest Period longer than three months shall also be payable on the first last day of each calendar quarter three-month interval during such Interest Period. Interest on each Alternate Base Rate Advance shall be calculated for actual days elapsed on the basis of a 365/366-day year. Interest on each other Type of Advance and fees under this Agreement Facility Fees shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. (New York Chicago time) at the place of payment. If any payment of principal of or interest on a Loan an Advance or of any fee 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 and Fee Basis. Interest accrued on each ABR Floating Rate Advance shall be payable monthlyon each Quarterly Payment Date, commencing with the first such payment being duedate to occur after the Effective Date, with respect 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 calendar month, not later Floating Rate Advance converted into a LIBO Rate Advance on a day other than a Quarterly Payment Date shall be payable on the fifth day after submission by the Administrative Agent to the Borrower date of an invoice for such calendar month (or portion thereof in the case of September 2012)conversion. Interest accrued on each Fixed LIBO Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed LIBO Rate Advance is prepaid, whether due to by acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate Advance having an Interest Period longer than three months shall also be payable on the first day Interest, commitment fees, Letter of each calendar quarter during such Interest Period. Interest Credit Fees and fees under this Agreement Facing Fees shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 2:00 p.m. (New York Eastern time) at the place of payment. If any payment of principal of or interest on a Loan 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 and Fee Basis. Interest accrued on each ABR Floating Rate Advance shall be payable monthlyon each Payment Date, with on any date on which such payment being dueFloating Rate Advance is prepaid, with respect whether due to acceleration or otherwise, and at maturity. Interest accrued on that portion of the outstanding principal amount of any calendar month, not later Floating Rate Advance converted into a SOFR Advance on a day other than a Payment Date shall be payable on the fifth day after submission by the Administrative Agent to the Borrower date of an invoice for such calendar month (or portion thereof in the case of September 2012)conversion. Interest accrued on each Fixed Rate Swing Line Loan shall be payable on each Payment Date, on any date on which such Swing Line Loan is prepaid, whether due to acceleration or otherwise, and at maturity. Interest accrued on each SOFR Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate such SOFR Advance is prepaid, whether due to by acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate SOFR Advance having an Interest Period longer than three months shall also be payable on the first last day of each calendar quarter three-month interval during such Interest Period. Interest and fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Advances made at the Prime Rate and Absolute Floating Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (year or, if applicablewhen appropriate, a 366-day) day year. All other interest and all fees shall be calculated for actual days elapsed on the basis of a 360-day year. Interest shall be payable for the day a Loan an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. noon (New York time) at the place of payment. If any payment of principal of or interest on a Loan 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 and Fee Basis. Interest accrued on each ABR ---------------------------------------------- Alternate Base Rate Advance shall be payable monthlyon each Payment Date, commencing with the first such payment being duedate to occur after the date hereof, with respect on any date on which the Alternate Base Rate Advance is prepaid due to any calendar month, not later than the fifth day after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of September 2012)acceleration and at maturity. Interest accrued on each Fixed Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate Advance is prepaid, whether due to by acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate Advance having an Interest Period longer than three months shall also be payable on the first last day of each calendar quarter three-month interval during such Interest Period. Interest and fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan an Advance is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. noon (New York Chicago time or London time, as applicable) at the place of payment. If any payment of principal of or interest on a Loan 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 and Fee Basis. Interest accrued on each ABR Advance shall be payable monthly, with such payment being due, with respect to any calendar month, not later than the fifth day after submission by the Administrative Agent to the Borrower of an invoice for such calendar month (or portion thereof in the case of September 2012May 2020). Interest accrued on each Fixed Rate Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Fixed Rate Advance is prepaid, whether due to acceleration or otherwise, and at maturity. Interest accrued on each Fixed Rate Advance having an Interest Period longer than three months shall also be payable on the first day of each calendar quarter during such Interest Period. Interest and fees under this Agreement shall be calculated for actual days elapsed on the basis of a 360-day year except that interest on ABR Advances made at the Prime Rate and Absolute Rate Advances shall be calculated for actual days elapsed on the basis of a 365-day (or, if applicable, 366-day) year. Interest shall be payable for the day a Loan is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. (New York time) at the place of payment. If any payment of principal of or interest on a 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.