Common use of Payments at Maturity Clause in Contracts

Payments at Maturity. On or about the first Business Day of each month, the Fiscal Agent will deliver to NIB and DTC a written list of principal and interest to be paid on each Global Note or portion of a Master Global Note maturing (on a Maturity or Redemption Date or otherwise) in the following month. NIB and DTC will confirm the amounts of such principal and interest payments with respect to each such Global Note or portion of a Master Global Note on or about the fifth Business Day preceding the Maturity of such Global Note or portion of a Master Global Note. On or before Maturity, NIB will pay to the Fiscal Agent (or, in the case of Foreign Currency Notes payable in currencies other than U.S. dollars, the Exchange Rate Agent if applicable) the principal amount of such Global Note or portion of a Master Global Note, together with interest due at such Maturity. The Fiscal Agent will pay such amount to DTC (except that payments to be made in a currency other than U.S. dollars shall be made by wire transfer in accordance with instructions received by the Fiscal Agent or Exchange Rate Agent from DTC) at the times and in the manner set forth below under “Manner of Payment”. If the Maturity of a Global Note or portion of a Master Global Note representing Book-Entry Notes is not a Business Day, the payment due on such day shall be made (except in the case of LIBOR Notes as described above) on the next succeeding Business Day and no interest shall accrue on such payment for the period from and after such Maturity. Promptly after payment to DTC of the principal and interest due at Maturity of such Global Note or portion of a Master Global Note, the Fiscal Agent will cancel such Global Note or portion of a Master Global Note in accordance with the Fiscal Agency Agreement and so advise NIB.

Payments at Maturity. On or about the first Business Day of each month, the Fiscal Agent will deliver to NIB and DTC a written list of principal and interest to be paid on each Global Note or portion of a Master Global Note maturing (on a Maturity or Redemption Date or otherwise) in the following month. NIB and DTC will confirm the amounts of such principal and interest payments with respect to each such Global Note or portion of a Master Global Note on or about the fifth Business Day preceding the Maturity of such Global Note or portion of a Master Global Note. On or before Maturity, NIB will pay to the Fiscal Agent (or, in the case of Foreign Currency Notes payable in currencies other than U.S. dollars, the Exchange Rate Agent if applicable) the principal amount of such Global Note or portion of a Master Global Note, together with interest due at such Maturity. The Fiscal Agent will pay such amount to DTC (except that payments to be made in a currency other than U.S. dollars shall be made by wire transfer in accordance with instructions received by the Fiscal Agent or Exchange Rate Agent from DTC) at the times and in the manner set forth below under “Manner of Payment”. If the Maturity of a Global Note or portion of a Master Global Note representing Book-Entry Notes is not a Business Day, the payment due on such day shall be made (except in the case of LIBOR Notes as described above) on the next succeeding Business Day and no interest shall accrue on such payment for the period from and after such Maturity. Promptly after payment to DTC of the principal and interest due at Maturity of such Global Note or portion of a Master Global Note, the Fiscal Agent will cancel such Global Note or portion of a Master Global Note in accordance with the Fiscal Agency Agreement and so advise NIB.. Back to Contents

Payments at Maturity. On or about the first Business Day of each month, the Fiscal Agent will deliver to NIB and DTC a written list of principal and interest to be paid on each Global Note or portion of a Master Global Note maturing (on a Maturity or Redemption Date or otherwise) in the following month. NIB and DTC will confirm the amounts of such principal and interest payments with respect to each such Global Note or portion of a Master Global Note on or about the fifth Business Day preceding the Maturity of such Global Note or portion of a Master Global Note. On or before Maturity, NIB will pay to the Fiscal Agent (or, in the case of Foreign Currency Notes payable in currencies other than U.S. dollars, the Exchange Rate Agent if applicable) the principal amount of such Global Note or portion of a Master Global Note, together with interest due at such Maturity. The Fiscal Agent will pay such amount to DTC (except that payments to be made in a currency other than U.S. US. dollars shall be made by wire transfer in accordance with instructions received by the Fiscal Agent or Exchange Rate Agent from DTC) at the times and in the manner set forth below under “Manner of Payment”. If the Maturity of a Global Note or portion of a Master Global Note representing Book-Entry Notes is not a Business Day, the payment due on such day shall be made (except in the case of LIBOR Notes as described above) on the next succeeding Business Day and no interest shall accrue on such payment for the period from and after such Maturity. Promptly after payment to DTC of the principal and interest due at Maturity of such Global Note or portion of a Master Global Note, the Fiscal Agent will cancel such Global Note or portion of a Master Global Note in accordance with the Fiscal Agency Agreement and so advise NIB.