Common use of Payment of Interest on the Notes Clause in Contracts

Payment of Interest on the Notes. Interest on each Eurodollar Advance shall be due and payable as it accrues on the last day of its respective Interest Period; provided that if any Interest Period is a period greater than three months, then accrued interest shall also be due and payable on the date three months after the commencement of such Interest Period. Interest on each Prime Rate Advance shall be due and payable as it accrues on the last day of each calendar quarter, and on the Termination Date.

Payment of Interest on the Notes. Interest on each Eurodollar Advance shall be due and payable as it accrues on the last day of its respective Interest Period; provided that if any Interest Period is a period greater than three (3) months, then accrued interest shall also be due and payable on the date three (3) months after the commencement of such Interest Period. Interest on each Prime Base Rate Advance shall be due and payable as it accrues on the last day of each calendar quarterFebruary, May, August, and November, commencing on February 28, 1997, and on the Termination Date.

Payment of Interest on the Notes. Interest on each Eurodollar Advance shall be due and payable as it accrues on the last day of its respective Interest Period; provided that if any Interest Period is a period greater than three (3) months, then accrued interest shall also be due and payable on the date three (3) months after the commencement of such Interest Period. Interest on each Prime Rate Advance shall be due and payable as it accrues on the last day of each calendar quarter, and on the Termination Date.