Common use of PAYMENT OF PRINCIPAL AND INTEREST ON THE NOTES Clause in Contracts

PAYMENT OF PRINCIPAL AND INTEREST ON THE NOTES. The Notes will mature on March 11, 2034. If March 11, 2034 is not a Business Day, the related payment of interest and principal on such maturity date shall be made on the next succeeding Business Day, as if it were made on the date such payment was due, and no interest on such payment shall accrue for the period from and after March 11, 2034. The Notes shall bear interest at the rate of 5.611% per annum. Interest on the Notes will be payable semi-annually, in cash, in arrears on March 11 and September 11 of each year, commencing on September 11, 2024, to the Holders thereof at the close of business on the immediately preceding February 25 and August 28 of each year. Interest on the Notes will accrue from and including the most recent date to which interest has been paid or provided for or, if no interest has been paid or provided for, from and including the Issue Date. Interest on the Notes will be computed on the basis of a 360-day year of twelve 30-day months. If any Interest Payment Date (as defined in the form of Note attached hereto as Exhibit A) on the Notes is not a Business Day, the payment of interest will be made on the next succeeding Business Day and no additional interest will accrue on the amount so payable for the period from and after such Interest Payment Date to the next succeeding Business Day.

PAYMENT OF PRINCIPAL AND INTEREST ON THE NOTES. The Notes will mature on March 11June 15, 2034. If March 11, 2034 is not a Business Day, the related payment of interest 2025 and principal on such maturity date shall be made on the next succeeding Business Day, as if it were made on the date such payment was due, and no interest on such payment shall accrue for the period from and after March 11, 2034. The Notes shall will bear interest at the rate of 5.6113.200% per annum. , subject to adjustment upon the occurrence of certain ratings-based events with respect to the Notes as set forth under “Interest Rate Adjustment” in the form of Note attached hereto as Exhibit A. Interest on the Notes will be payable semi-annually, in cash, in arrears on March 11 June 15 and September 11 December 15 of each year, commencing on September 11December 15, 20242020, to the Holders thereof at the close of business on the immediately preceding February 25 June 1 and August 28 December 1 of each year. Interest on the Notes will accrue from and including the most recent date to which interest has been paid or provided for or, if no interest has been paid or provided for, from and including the Issue Date. Interest on the Notes will be computed on the basis of a 360-day year of twelve 30-day months. If any Interest Payment Date (as defined in the form of Note attached hereto as Exhibit A) on the Notes is not a Business Day, the payment of interest will be made on the next succeeding Business Day and no additional interest will accrue on the amount so payable for the period from and after such Interest Payment Date to the next succeeding Business Day.