Interest Rates; Principal Repayment; and Payment Dates. (a) The Loan shall bear interest at the Fixed Interest Rate (calculated on the basis specified in the definition thereof) on the unpaid principal amount thereof from time to time outstanding, payable in arrears on each Payment Date. The Loan shall mature on the Final Maturity Date. The principal amount of the Loan shall be payable on the dates and in the amounts set forth in Exhibit B. Notwithstanding the foregoing, the final payment made under each Note shall be in an amount sufficient to discharge in full the unpaid principal amount, and all accrued and unpaid interest on, and any other amounts due under, such Note.
Interest Rates; Principal Repayment; and Payment Dates. (a) For each Interest Period, the Senior Loan shall bear interest at either the Fixed Rate or the Floating Rate and the Junior Loan shall bear interest at either the Fixed Rate or the Floating Rate (in each case calculated on the basis specified in the definitions thereof) on the unpaid principal amount thereof from time to time outstanding, payable in arrears on each Payment Date; provided, that (i) interest accrued pursuant to Section 2.5(e) shall be payable on demand and (ii) in the event of any repayment or prepayment of any Loan (or any portion thereof), accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment. Each Facility Agent shall notify the Borrower, the Security Trustee and each Lender (as soon as practicable (but in no event later than 11:00 a.m. (New York time) on the Business Day immediately preceding such Payment Date)) of the aggregate amount of interest that will be actually due and payable on the Notes on such Payment Date; provided that the failure to provide any such notification or any error in such notification shall not affect the accrual of interest during such Interest Period or the obligation of the Borrower to pay the same as provided in the Notes. For the avoidance of doubt, if the Closing occurs, whether or not the Advance Date occurs on the Scheduled Advance Date, interest for the first Interest Period shall accrue from, and including, the Scheduled Advance Date to, but excluding, the first Payment Date. 1000301987v14
