Common use of Payment on the Maturity Date Clause in Contracts

Payment on the Maturity Date. In accordance with Section 11 hereof, the Issuer shall pay to the Issuing and Paying Agent by wire transfer in immediately available funds the principal of, and premium, if any, and interest on, the Notes then outstanding on the Maturity Date and the Issuing and Paying Agent shall remit such funds to the Depositary (in the case of Book-Entry Notes) or the Registered Holders (in the case of Certificated Notes) by wire transfer in immediately available funds. Interest payable on any Note on the Maturity Date will be payable to the person to whom the principal of such Note is payable. If the Maturity Date for any Note falls on a day that is not a Business Day, the related payment of principal, premium, if any, and/or interest shall be made on the next succeeding Business Day as if it were made on the date such payment was due, and no interest shall accrue on the amount so payable for the period from and after such Maturity Date until such next succeeding Business Day. The Issuing and Paying Agent will forthwith cancel each such Note pursuant to Section 21 hereof.

Payment on the Maturity Date. In accordance with Section 11 hereof, the The Issuer shall will pay to the Issuing and Paying Agent by wire transfer in immediately available funds the principal of, and premium, if any, and interest on, the Global Notes then outstanding on the Maturity Date only upon presentation and surrender thereof. The Registered Holder of the Issuing Global Notes will be paid by wire transfer of immediately available funds and Paying Agent shall remit such funds to the Depositary (in the case of Book-Entry Notes) or the Registered Holders (in the case registered holders of Certificated Notes) , if any, will be paid by check, except Registered Holders of at least $10,000,000 of Certificated Notes, if any, shall be paid by wire transfer in of immediately available funds. Interest payable on any Note on the Maturity Date will be payable to the person to whom the principal of such Note is payable. If the Maturity Date for any Note falls on a day that is not a Business Day, the related payment of principal, premium, if any, and/or interest shall be made on the next succeeding Business Day as if it were made on the date such payment was due, and no interest shall accrue on the amount so payable for the period from and after such Maturity Date until such next succeeding Business Day. The Issuing and Paying Agent will forthwith cancel each such Note pursuant to Section 21 hereof.