Common use of Calculation and Payment of Interest Clause in Contracts

Calculation and Payment of Interest. (a) The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (i) Margin; (ii) LIBOR or, in relation to any Loan in euro, EURIBOR or, in relation to any Loan in Mexican peso, TIIE; and (iii) (other than in respect of a Loan Facility Promissory Note) Mandatory Cost, if any, and the Borrower to which a Loan has been made shall pay accrued interest on that Loan on the last day of each Interest Period (and, if the Interest Period is longer than six Months, on the dates falling at six Monthly intervals after the first day of the Interest Period). (b) Under each Derivatives Unwind Promissory Note, the rate of interest on the Outstanding Principal Amounts under that Derivatives Unwind Promissory Note is the percentage rate per annum which is the aggregate of the applicable: (i) Margin; and (ii) LIBOR or, in relation to any Derivatives Unwind Promissory Note in Mexican peso, TIIE, and the Borrower which has issued a Derivatives Unwind Promissory Note shall pay accrued interest on that Derivatives Unwind Promissory Note to the relevant Derivatives Unwind Promissory Noteholder on the last day of the applicable Interest Period (and, if the Interest Period is longer than six Months, on the dates falling at six Monthly intervals after the first day of the Interest Period). (c) Under the USPP Note Agreement, the rate of interest shall be the rate set forth therein (provided that this rate will be subject to adjustment by the same amount and at the same times as adjustments are made to the Margin from time to time under the definition of Margin (as such term is defined at the date of this Agreement) or otherwise in accordance with Clause 37 (Amendments and waivers)) and the USPP Note Facility Borrower shall pay accrued interest to each USPP Noteholder on the fifteenth day of the last month of each Financial Quarter or such shorter period as required by paragraph (e) of Clause 10.1 (

Calculation and Payment of Interest. (a1) The rate Subject to the other terms and conditions of this Agreement, the Borrower shall pay interest on each Loan for each Interest Period is outstanding hereunder from the percentage date disbursed to but not including the date of payment, at a rate per annum which is the aggregate of the applicable: equal to (i) Margin; a fluctuating rate of interest equal to the Base Rate plus the Applicable Rate or (ii) LIBOR orfrom and including the first day of an Interest Period until but not including the last day of such Interest Period, a fixed rate of interest equal to the Adjusted Eurodollar Rate plus the Applicable Rate. (2) Interest accruing on Base Rate Loans outstanding hereunder shall be payable monthly, in relation to any Loan in euroarrears, EURIBOR or, in relation to any Loan in Mexican peso, TIIE; and (iii) (other than in respect on the 10th day of a Loan Facility Promissory Note) Mandatory Cost, if any, and the Borrower to which a Loan has been made each month. Interest accruing on Eurodollar Rate Loans shall pay accrued interest on that Loan be payable on the last day of each such Interest Period (or, in the case of a Stub Interest Period, on the 10th day of the month falling in such Interest Period) and, if the such Interest Period is longer than six Monthsthree months, on the dates falling at six Monthly intervals 10th day of each three month period after the first day commencement of such Interest Period prior to the end of such Interest Period). In addition, accrued interest on any Loan that is paid or prepaid prior to the Maturity Date shall be paid concurrently with such payment, and accrued interest remaining outstanding shall be payable on the Maturity Date. (b3) Under each Derivatives Unwind Promissory Note, the rate of interest on the Outstanding Principal Amounts under that Derivatives Unwind Promissory Note is the percentage rate per annum which is the aggregate of the applicable: (i) Margin; and (ii) LIBOR or, in relation to any Derivatives Unwind Promissory Note in Mexican peso, TIIE, and the Borrower which has issued a Derivatives Unwind Promissory Note shall pay accrued interest on that Derivatives Unwind Promissory Note to the relevant Derivatives Unwind Promissory Noteholder on the last day of the applicable Interest Period (and, if the Interest Period is longer No more than six Months, on the dates falling at six Monthly intervals after the first day of the (6) Interest Period). (c) Under the USPP Note Agreement, the rate of interest Periods shall be the rate set forth therein (provided that this rate will be subject in effect with respect to adjustment by the same amount and Eurodollar Rate Loans at the same times as adjustments are made to the Margin from time to time under the definition of Margin (as such term is defined at the date of this Agreement) or otherwise in accordance with Clause 37 (Amendments and waivers)) and the USPP Note Facility Borrower shall pay accrued interest to each USPP Noteholder on the fifteenth day of the last month of each Financial Quarter or such shorter period as required by paragraph (e) of Clause 10.1 (any one time.

Calculation and Payment of Interest. (a) The rate of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (i) Margin; (ii) LIBOR or, in relation to any Loan in euro, EURIBOR or, in relation to any Loan in Mexican peso, TIIE; and (iii) (other than in respect of a Loan Facility Promissory Note) Mandatory Cost, if any, and the Borrower to which a Loan has been made shall pay accrued interest on that Loan on the last day principal balance of each Interest Period (and, if the Interest Period is longer than six Months, on the dates falling at six Monthly intervals after the first day of the Interest Period). (b) Under each Derivatives Unwind Promissory Note, the rate of interest on the Outstanding Principal Amounts under that Derivatives Unwind Promissory this Note is the percentage rate per annum which is the aggregate of the applicable: (i) Margin; and (ii) LIBOR or, in relation to any Derivatives Unwind Promissory Note in Mexican peso, TIIE, and the Borrower which has issued a Derivatives Unwind Promissory Note shall pay accrued interest on that Derivatives Unwind Promissory Note to the relevant Derivatives Unwind Promissory Noteholder on the last day of the applicable Interest Period (and, if the Interest Period is longer than six Months, on the dates falling at six Monthly intervals after the first day of the Interest Period). (c) Under the USPP Note Agreement, the rate of interest shall be the rate set forth therein (provided that this rate will be subject to adjustment by the same amount and at the same times as adjustments are made to the Margin outstanding from time to time under shall accrue at the definition rate of Margin eleven and one-half percent (11 1/2%) per annum computed on the basis of a 365 or 366-day year, as such term is defined at appropriate, for the actual number of days elapsed, commencing on the date hereof (and on the date of issuance with respect to any PIK Note). Such interest shall be payable semi- annually in arrears, beginning on January 24, 2001 and thereafter on each July 24/th/ and January 24/th/ (each, an "Interest Payment Date") through and including July 24, 2004 by the issuance of a promissory note in a principal amount equal to interest accrued but not otherwise paid (by the issuance of a PIK Note or otherwise) on the principal amount hereof through and including such Interest Payment Date and otherwise having such terms and provisions that are the same as the terms and provisions of this AgreementNote (each such promissory note a "PIK Note"), and (without limiting the Payor's obligation to issue in each such instance, a PIK Note) Payor shall be deemed to have issued a PIK Note to Payee for any such interest regardless of whether Payor shall have actually delivered any such PIK Note to Payee. On and after January 24, 2005, payment of such interest shall be made semi-annually in arrears on each Interest Payment Date until the Maturity Date (as defined below) and on the Maturity Date in cash; provided, however, that such payment shall instead be made by the issuance of a -------- ------- PIK Note for such interest, and (without limiting the Payor's obligation to issue in each such instance a PIK Note) Payor shall be deemed to have issued a PIK Note to Payee for any such interest regardless of whether Payor shall have actually delivered any such PIK Note, if (a) a payment default under the Credit Agreement or the other Bank Debt Documents has occurred and is continuing, (b) the Leverage Ratio for the most recently ended fiscal quarter is greater than 2.0:1 or (c) after giving effect to such payment, the ratio of (I) Consolidated Total Debt plus the aggregate principal amount of outstanding Notes to (II) Consolidated Adjusted EBITDA for the four Fiscal Quarter period then most recently ended would be greater than 3.0:1. Payee, by acceptance hereof, acknowledges (i) that Payor is contractually bound hereunder to pay interest in cash only if the conditions specified in Sections 1.1 (a) or otherwise (b) or (c) above are not met, (ii) that any interest not paid in accordance with Clause 37 cash shall be paid in the form of a PIK Note, and (Amendments and waiversiii) the failure to pay cash interest as a result of Sections 1.1(a), (b) and the USPP Note Facility Borrower or (c) shall pay accrued interest to each USPP Noteholder on the fifteenth day not constitute a default or Event of the last month of each Financial Quarter or such shorter period as required by paragraph (e) of Clause 10.1 (Default under this note.

Calculation and Payment of Interest. (a1) The rate Subject to the other terms and conditions of this Agreement, the Borrower shall pay interest on each Loan for each Interest Period is outstanding hereunder from the percentage date disbursed to but not including the date of payment, at a rate per annum which is the aggregate of the applicable: equal to, (i) Margin; in the case of Revolving Loans, at the option of and as selected by the Borrower from time to time in accordance with this Agreement, the Prime Rate plus the Applicable Rate in effect from time to time during the applicable calculation period or the Adjusted Eurocurrency Rate for the relevant Interest Period plus the Applicable Rate; (ii) LIBOR orin the case of Alternative Currency Loans, in relation to any Loan in euro, EURIBOR or, in relation to any Loan in Mexican peso, TIIE; and the Adjusted Eurocurrency Rate for the relevant Interest Period plus the Applicable Rate and (iii) in the case of Swing Line Loans, the Prime Rate plus the Applicable Rate in effect from time to time during the applicable calculation period. (other than 2) Interest accruing on Prime Rate Loans outstanding hereunder shall be payable quarterly, in respect of a Loan Facility Promissory Note) Mandatory Costarrears, if any, and the Borrower to which a Loan has been made shall pay accrued interest on that Loan on the last day of each March, June, September and December. Interest Period (and, if the Interest Period is longer than six Months, accruing on the dates falling at six Monthly intervals after the first day of the Interest Period). (b) Under each Derivatives Unwind Promissory Note, the rate of interest on the Outstanding Principal Amounts under that Derivatives Unwind Promissory Note is the percentage rate per annum which is the aggregate of the applicable: (i) Margin; and (ii) LIBOR or, in relation to any Derivatives Unwind Promissory Note in Mexican peso, TIIE, and the Borrower which has issued a Derivatives Unwind Promissory Note Eurocurrency Rate Loans shall pay accrued interest on that Derivatives Unwind Promissory Note to the relevant Derivatives Unwind Promissory Noteholder be payable on the last day of the applicable Interest Period (relating thereto and, if the such Interest Period is longer than six Monthsthree months, on the dates falling at six Monthly intervals last day of each three month period after the first day commencement of such Interest Period prior to the end of such Interest Period). In addition, accrued interest on any Loan that is paid prior to the Maturity Date shall be paid concurrently with such payment, and accrued interest remaining outstanding shall be payable on the Maturity Date. (c3) Under the USPP Note Agreement, the rate of interest No more than six (6) Interest Periods shall be the rate set forth therein (provided that this rate will be subject in effect with respect to adjustment by the same amount and Eurocurrency Rate Loans at the same times as adjustments are made to the Margin from time to time under the definition of Margin (as such term is defined at the date of this Agreement) or otherwise in accordance with Clause 37 (Amendments and waivers)) and the USPP Note Facility Borrower shall pay accrued interest to each USPP Noteholder on the fifteenth day of the last month of each Financial Quarter or such shorter period as required by paragraph (e) of Clause 10.1 (any one time.

Calculation and Payment of Interest. (a) The rate Interest on the outstanding principal amount from time to time of interest on each Loan for each Interest Period is the percentage rate per annum which is the aggregate of the applicable: (i) Margin; (ii) LIBOR or, in relation to any Loan in euro, EURIBOR or, in relation to any Loan in Mexican peso, TIIE; and (iii) (other than BA Rate Loans) and on the amount of overdue interest outstanding thereon from time to time shall accrue from day to day from and including the date on which the credit is obtained by way of such Loan or the date on which such payment of overdue interest was due, as the case may be, to but excluding the date on which such Loan or such overdue interest, as the case may be, is repaid in respect full (both before and after maturity and as well after as before judgment) and shall be calculated on the basis of the actual number of days elapsed divided by (x) 365 (or 366, as in the case may be (of a leap year), in the case of a Prime Rate Loan Facility Promissory Noteor a Base Rate Canada Loan), or divided by (or any overdue interest thereon) Mandatory Cost(y) 365, if anyin the case of a Term C▇▇▇▇ Loan or a Daily Compounded C▇▇▇▇ Loan (or any overdue interest thereon) and (z) 360 (, and in the Borrower to which case of a Term Benchmark Loan has been made shall pay accrued (or any overdue interest on that Loan on the last day of each Interest Period (and, if the Interest Period is longer than six Months, on the dates falling at six Monthly intervals after the first day of the Interest Periodthereon). (b) Under each Derivatives Unwind Promissory Note, the rate of Accrued interest on the Outstanding Principal Amounts under that Derivatives Unwind Promissory Note is the percentage rate per annum which is the aggregate of the applicable:shall be paid, (i) Marginin the case of interest on Prime Rate Loans and Base Rate Canada Loans, monthly in arrears on the last Business Day of each calendar month; and (ii) LIBOR or, in relation to any Derivatives Unwind Promissory Note in Mexican peso, TIIE, and the Borrower which has issued a Derivatives Unwind Promissory Note shall pay accrued case of interest on that Derivatives Unwind Promissory Note to the relevant Derivatives Unwind Promissory Noteholder Term C▇▇▇▇ Loans, on the last day of the applicable Interest Period (and, if the Interest Period is longer than six MonthsPeriod, on the dates falling at six Monthly intervals after prepayment of any portion of such Term C▇▇▇▇ Loan and on the termination of the Credit Facility; (iii) in the case of interest on Daily Compounded C▇▇▇▇ Loans, on the last day of the applicable Interest Period, on the prepayment of any portion of such Daily Compounded C▇▇▇▇ Loan and on the termination of the Credit Facility; and (iv) (ii) in the case of interest on Term Benchmark Loans, on the last day of the applicable Interest Period; provided that, in the case of Interest Periods of a duration longer than three months, accrued interest shall be paid no less frequently than every three months from the first day of such Interest Period during the term of such Interest Period)Period and on the date on which such Loans are otherwise required to be repaid. (c) Under the USPP Note Agreement, the rate of interest Interest on each BA Rate Loan shall be the rate set forth therein (paid in advance as provided that this rate will be subject to adjustment by the same amount and at the same times as adjustments are made to the Margin from time to time under the definition of Margin (as such term is defined at the date of this Agreement) or otherwise in accordance with Clause 37 (Amendments and waivers)) and the USPP Note Facility Borrower shall pay accrued interest to each USPP Noteholder on the fifteenth day of the last month of each Financial Quarter or such shorter period as required by paragraph (e) of Clause 10.1 (Section 3.5.

Calculation and Payment of Interest. (a1) The rate of Borrower shall pay interest on each Loan for each Interest Period is Loans outstanding hereunder from the percentage date disbursed to but not including the date of payment, at a rate per annum which is equal to, at the aggregate option of and as selected by the applicable: Borrower from time to time (subject to the other provisions of Paragraph 4 below): (1) the Prime Rate plus the Applicable Rate in effect from time to time during the applicable calculation period or (2) Adjusted LIBOR for the relevant Interest Period plus the Applicable Rate; provided, however, that (i) Margin; if the Borrower shall fail to elect to have a Loan bear interest as a LIBOR Loan, such Loan shall be a Prime Rate Loan; (ii) the Borrower may not elect to have a Loan bear interest as a LIBOR or, in relation to any Loan in euro, EURIBOR or, in relation to any Loan in Mexican peso, TIIE; and so long as a Potential Default or Event of Default has occurred and is continuing and (iii) (other than in respect at the election of the Administrative Agent, upon the occurrence of a Loan Facility Promissory NotePotential Default or an Event of Default, all LIBOR Loans then outstanding shall immediately be converted to Prime Rate Loans. (2) Mandatory CostInterest accruing on Prime Rate Loans outstanding hereunder shall be payable quarterly, if anyin arrears, and the Borrower to which a Loan has been made shall pay accrued interest on that Loan on the last day of each Interest Period (andMarch, if the Interest Period is longer than six MonthsJune, September and December, on the dates falling at six Monthly intervals after date paid and on the first day maturity date of such Loan in the Interest Period). (b) Under each Derivatives Unwind Promissory Note, the rate amount of interest that accrued and unpaid. Interest accruing on the Outstanding Principal Amounts under that Derivatives Unwind Promissory Note is the percentage rate per annum which is the aggregate of the applicable: (i) Margin; and (ii) LIBOR or, in relation to any Derivatives Unwind Promissory Note in Mexican peso, TIIE, and the Borrower which has issued a Derivatives Unwind Promissory Note Loans shall pay accrued interest on that Derivatives Unwind Promissory Note to the relevant Derivatives Unwind Promissory Noteholder be payable on the last day of the applicable Interest Period (andrelating thereto; provided that, if the with respect to each LIBOR Loan with an Interest Period is longer than six Monthsthree months, on the dates falling at six Monthly intervals after the first day of the Interest Period). (c) Under the USPP Note Agreement, the rate of interest shall be the rate set forth therein (provided that this rate will be subject to adjustment by the same amount and at the same times as adjustments are made to the Margin from time to time under the definition of Margin (as such term is defined at the date of this Agreement) or otherwise in accordance with Clause 37 (Amendments and waivers)) and the USPP Note Facility Borrower shall pay accrued interest to each USPP Noteholder payable on the fifteenth last day of each three month period after the commencement of such Interest Period and on the last month day of each Financial Quarter or such shorter period as required by paragraph (e) of Clause 10.1 (Interest Period.

Calculation and Payment of Interest. (a) 3.1.1 The rate of Borrower will pay interest on each Term A Loan for outstanding from the date when made, and all interest which is not paid when due shall bear interest, at LIBOR plus 800bps. Each determination of LIBOR by the Required Term A Lenders in respect of the Term A Facility shall be conclusive and binding on Borrower in the absence of manifest error. Unless and until the Required Term A Lenders advise the Borrower in writing that the Borrower shall no longer have the option to capitalize interest on the Term A Loans, all interest accruing on the Term A Loans to the Maturity Date shall, unless paid by the Borrower, be capitalized annually and added at the end of each Interest Period calendar year, to the principal balance of the Term A Loans, and thereafter interest shall be calculated on such increased principal balance at the same rate applicable to the Term A Loans as specified above. 3.1.2 The Borrower will pay interest on each Term B Loan outstanding from the date when made, and all interest which is the percentage not paid when due shall bear interest, at a rate per annum which is equal to 10%. Unless and until the aggregate Required Term B Lenders advise the Borrower in writing that the Borrower shall no longer have the option to capitalize interest on the Term B Loans, all interest accruing on the Term B Loans from and after January 1, 2018 to the Maturity Date shall, unless paid by the Borrower, be capitalized annually and added at the end of each calendar year, to the principal balance of the applicable:Term B Loans, and thereafter interest shall be calculated on such increased principal balance at the same rate applicable to the Term B Loans as specified above. 3.1.3 All computations of interest payable under this Agreement, including of LIBOR, shall be made on the basis of a three hundred sixty-five (i365)-day year (or three hundred sixty six (366) Margin; (ii) LIBOR ordays in the case of a leap year), in relation to any Loan in euroeach case, EURIBOR orbased on actual days elapsed. 3.1.4 To the maximum extent permitted by Applicable Law, in relation to any Loan in Mexican peso, TIIE; and (iii) the Borrower will pay interest on all overdue amounts owing by the Borrower under this Agreement (other than on amounts which have been capitalized in respect accordance with Sections 3.1.1 and 3.1.2, which capitalized interest, for greater certainty, shall not be considered to be overdue but shall bear interest as provided in Sections 3.1.1 and 3.1.2), including on any overdue interest payments, from the date each of a Loan Facility Promissory Notethose amounts is due until the date each of those amounts is paid in full at the applicable rate specified in clause 3.1.1 or 3.1.2 above, plus two (2) Mandatory Costpercent, if anywhich amount will be calculated daily, and the Borrower to which a Loan has been made shall pay accrued interest on that Loan on the last day of each Interest Period (and, if the Interest Period is longer than six Months, on the dates falling at six Monthly intervals after the first day of the Interest Period). (b) Under each Derivatives Unwind Promissory Note, the rate of interest on the Outstanding Principal Amounts under that Derivatives Unwind Promissory Note is the percentage rate per annum which is the aggregate of the applicable: (i) Margin; and (ii) LIBOR or, in relation to any Derivatives Unwind Promissory Note in Mexican peso, TIIE, and the Borrower which has issued a Derivatives Unwind Promissory Note shall pay accrued interest on that Derivatives Unwind Promissory Note added to the relevant Derivatives Unwind Promissory Noteholder on the last day outstanding principal balance of the applicable Interest Period (andLoans monthly, if the Interest Period is longer than six Months, on the dates falling at six Monthly intervals after the first day of the Interest Period). (c) Under the USPP Note Agreement, the rate of interest and shall be the rate set forth therein (provided that this rate will be subject to adjustment by the same amount and at the same times as adjustments are made to the Margin from time to time under the definition payable on demand of Margin (as such term is defined at the date of this Agreement) or otherwise in accordance with Clause 37 (Amendments and waivers)) and the USPP Note Facility Borrower shall pay accrued interest to each USPP Noteholder on the fifteenth day of the last month of each Financial Quarter or such shorter period as required by paragraph (e) of Clause 10.1 (any Lender.

Calculation and Payment of Interest. (a) The rate Interest on the outstanding principal amount from time to time of each Prime Rate Loan and on the amount of overdue interest thereon from time to time shall accrue from day to day from and including the date on each which credit is obtained by way of such Prime Rate Loan for each Interest Period or the date on which such payment of overdue interest was due, as the case may be, to but excluding the date on which such Prime Rate Loan or overdue interest, as the case may be, is repaid in full (both before and after maturity and as well after as before judgment) and shall be calculated on the percentage rate per annum which is the aggregate basis of the applicable: (i) Margin; (ii) LIBOR or, actual number of days elapsed divided by 365 or 366 in relation to any Loan in euro, EURIBOR or, in relation to any Loan in Mexican peso, TIIE; and (iii) (other than in respect the case of a Loan Facility Promissory Note) Mandatory Cost, if any, and the Borrower to which a Loan has been made shall pay accrued interest on that Loan on the last day of each Interest Period (and, if the Interest Period is longer than six Months, on the dates falling at six Monthly intervals after the first day of the Interest Period)leap year. (b) Under each Derivatives Unwind Promissory Note, the rate of interest Interest on the Outstanding Principal Amounts under that Derivatives Unwind Promissory Note outstanding principal amount from time to time of each LIBOR Loan and ABRCAN Loan and on the amount of overdue interest thereon from time to time shall accrue from day to day from and including the date on which credit is obtained by way of such Loan or the percentage rate per annum date on which such payment of overdue interest was due, as the case may be, to but excluding the date on which such Loan or overdue interest, as the case may be, is repaid in full (both before and after maturity and as well after as before judgment) and shall be calculated on the aggregate basis of the applicable:actual number of days elapsed divided by 360. (c) Accrued interest shall be paid, (i) Marginin the case of interest on Prime Rate Loans and ABRCAN Loans, monthly in arrears on the last Banking Day of each calendar month; and (ii) LIBOR or, in relation to any Derivatives Unwind Promissory Note in Mexican peso, TIIE, and the Borrower which has issued a Derivatives Unwind Promissory Note shall pay accrued case of interest on that Derivatives Unwind Promissory Note to the relevant Derivatives Unwind Promissory Noteholder LIBOR Loans, on the last day of the applicable Interest Period (andPeriod; provided that, if in the case of Interest Period is Periods of a duration longer than six Monthsthree months, on the dates falling at six Monthly intervals after accrued interest shall be paid no less frequently than every three months from the first day of such Interest Period during the term of such Interest Period). (c) Under the USPP Note Agreement, the rate of interest shall be the rate set forth therein (provided that this rate will be subject to adjustment by the same amount Period and at the same times as adjustments are made to the Margin from time to time under the definition of Margin (as such term is defined at on the date of this Agreement) or on which such Loans are otherwise in accordance with Clause 37 (Amendments and waivers)) and the USPP Note Facility Borrower shall pay accrued interest required to each USPP Noteholder on the fifteenth day of the last month of each Financial Quarter or such shorter period as required by paragraph (e) of Clause 10.1 (be repaid.

Calculation and Payment of Interest. (a) The rate Interest on the outstanding principal amount from time to time of interest on each Loan for each Interest Period and on overdue interest thereon shall accrue from day to day from and including the date on which credit is obtained by way of such Loan or on which such overdue interest is due, as the percentage rate per annum case may be, to but excluding the date on which such Loan or overdue interest, as the case may be, is repaid in full (both before and after maturity and as well after as before judgment) and shall be calculated on the aggregate basis of the applicableactual number of days elapsed divided by 360, in the case of a either a Term Benchmark Loan or an Existing LIBOR Loan, or 365 days (or 366, in the case of a leap year) in the case of a Base Rate Loan. (b) Accrued interest shall be paid: (i) Marginin the case of interest on Base Rate Loans, monthly in arrears on the last day of each month; (ii) LIBOR orin the case of interest on Term Benchmark Loans, on the Interest Payment Date; provided that, in relation the case of Interest Periods of a duration longer than three months, accrued interest shall be paid no less frequently than every three months from the first day of such Interest Period during the term of such Interest Period and on the date on which such Term Benchmark Loans are otherwise required to any Loan in euro, EURIBOR or, in relation to any Loan in Mexican peso, TIIEbe repaid; and (iii) (other than in respect of a Loan Facility Promissory Note) Mandatory Cost, if any, and the Borrower to which a Loan has been made shall pay accrued interest on that Loan on the last day of each Interest Period (and, if the Interest Period is longer than six Months, on the dates falling at six Monthly intervals after the first day of the Interest Period). (b) Under each Derivatives Unwind Promissory Note, the rate case of interest on the Outstanding Principal Amounts under that Derivatives Unwind Promissory Note is the percentage rate per annum which is the aggregate of the applicable: (i) Margin; and (ii) Existing LIBOR orLoans, in relation to any Derivatives Unwind Promissory Note in Mexican peso, TIIE, and the Borrower which has issued a Derivatives Unwind Promissory Note shall pay accrued interest on that Derivatives Unwind Promissory Note to the relevant Derivatives Unwind Promissory Noteholder on the last day of the applicable Interest Period (andand the Maturity Date; provided that, if in the case of Interest Period is Periods of a duration longer than six Monthsthree months, on the dates falling at six Monthly intervals after accrued interest shall be paid no less frequently than every three months from the first day of such Interest Period during the term of such Interest Period). (c) Under Period and on the USPP Note Agreementdate on which such Existing LIBOR Loans are otherwise required to be repaid, including, for greater certainty, the rate of interest shall be the rate set forth therein (provided that this rate will be subject to adjustment by the same amount and at the same times as adjustments are made to the Margin from time to time under the definition of Margin (as such term is defined at the date of this Agreement) or otherwise in accordance with Clause 37 (Amendments and waivers)) and the USPP Note Facility Borrower shall pay accrued interest to each USPP Noteholder on the fifteenth day of the last month of each Financial Quarter or such shorter period as required by paragraph (e) of Clause 10.1 (Maturity Date.