Common use of Payment of Interest Only Clause in Contracts

Payment of Interest Only. Promptly after each Regular Record Date, the Paying Agent will deliver to the Company and DTC a written notice specifying by CUSIP number the amount of interest to be paid on each Global Security on the following Interest Payment Date (other than an Interest Payment Date coinciding with the Maturity Date) and the total of such amounts. It is expected that DTC will confirm the amount payable on each Global Security on such Interest Payment Date by reference to the appropriate (daily or weekly) bond reports published by Standard & Poor’s Corporation. The Company will pay to the Paying Agent the total amount of interest due on such Interest Payment Date (other than on the Maturity Date), and the Paying Agent will pay such amount to DTC at the times and in the manner set forth under “Manner of Payment” below. If any Interest Payment Date for a Book-Entry Note is not a Business Day, the payment due on such day shall be made on the next succeeding Business Day, except that, if such Note is a LIBOR Note and such next succeeding Business Day is in the next succeeding calendar month, such payment will be made on the next preceding Business Day; and no interest shall accrue on such payment for the period from and after such Interest Payment Date.

Payment of Interest Only. Promptly after each Principal and Interest: Regular Record Date, the Paying DTC Agent for each Global Security will deliver to the Company and DTC a written notice specifying setting forth, by CUSIP number number, the amount of interest to be paid on each Global Security on the following Interest Payment Date (other than an Interest Payment Date coinciding with the Maturity DateMaturity) and the total of such amounts. It is expected that DTC will confirm the amount payable on each Global Security on such Interest Payment Date by reference to the appropriate (daily or weekly) bond reports published by Standard & Poor’s 's Corporation. The Company will pay to Citibank for the Paying Agent Notes represented by such Global Security the total amount of interest due on such Interest Payment Date (other than on the Maturity Dateat Maturity), and the Paying Agent Citibank will pay such amount to DTC DTC, at the times and in the manner set forth below under “"Manner of Payment” below. ." If any Interest Payment Date for a Book-Entry Note is not a Business Day, the payment due on such day shall be made on the next succeeding Business Day, except that, if Day and no interest shall accrue as a result of such delayed payment. In the case of a Floating Rate Note that is a LIBOR Note and such note or a EURIBOR note (each as described in the Prospectus), if postponement to the next succeeding Business Day is business day would cause the interest payment date to be in the next succeeding calendar month, such payment the Interest Payment Date will instead be made on the next immediately preceding Business Day; and no interest shall accrue on such payment for the period from and after such Interest Payment Date.