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

Interest Payment Dates; Interest Basis. Interest accrued on each Alternative Base Rate Advance shall be payable on the last day of each March, June, September and December, commencing with the first such date to occur after the date hereof. Interest accrued on each Eurocurrency Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Eurocurrency Advance is prepaid, whether by acceleration or otherwise, and at maturity. Interest accrued on each Eurocurrency 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 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 Alternative Base Rate Advance shall be payable on the last day of each March, June, September and DecemberPayment Date, commencing with the first such date to occur after the date hereof. Interest accrued on each Eurocurrency Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Eurocurrency Advance is prepaid, whether by acceleration or otherwise, and at maturity. Interest accrued on each Eurocurrency 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 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 Alternative Base Floating Rate Advance shall be payable on each Payment Date hereafter, on any date on which such Floating Rate Advance is prepaid, whether due to acceleration or otherwise, and at maturity. Interest on Floating Rate Advances shall be calculated for actual days elapsed on the last basis of a 365-day of each March, June, September and December, commencing with the first such date to occur after the date hereofyear. Interest accrued on each Eurocurrency Eurodollar Advance shall be payable on the last day of its applicable Eurodollar Interest Period and, in the case of a Eurodollar Interest Period longer than three months, on the last day of each three-month interval during such Eurodollar Interest Period, on any date on which the Eurocurrency such Eurodollar Advance is prepaid, whether by acceleration or otherwise, and at maturity. Interest accrued on each Eurocurrency Advance having an Interest Period longer than three months Eurodollar Advances and all commitment fees shall also be payable calculated for actual days elapsed on the last basis of a 360-day of each three-month interval during such Interest Periodyear. Interest shall be payable for the day an Advance a Loan is made but not for the day of any payment on the amount paid if payment is received prior to noon 10:00 a.m. (local Seattle time) at the place of payment. If any payment of principal of or interest on an Advance 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 Basis. Interest accrued on each Alternative Base Rate Advance shall be payable on the last day of each March, June, September and December, commencing with the first such date to occur after the date hereof. Interest accrued on each Eurocurrency Eurodollar Advance shall be payable on the last day of its applicable Interest Period, Period and on any date on which the Eurocurrency Advance is prepaidprepaid or repaid, whether by due to acceleration or otherwise, and at maturity. Interest accrued on each Eurocurrency Eurodollar 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 accrued on each ABR Advance shall be payable on each Payment Date, on the date such ABR Advance is paid or converted into a Eurodollar Advance and on the Commitment Termination Date. Interest on all Eurodollar Rate Loans and fees shall be calculated for actual days elapsed on the basis of a 360-day year. Interest on ABR Loans shall be calculated for actual days elapsed on the basis of a 365, or when appropriate 366, 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 noon 12:00 p.m. (local 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.