A EURODOLLAR LOAN
OCCURS ON A DAY WHICH IS NOT THE LAST DAY OF THE THEN CURRENT INTEREST PERIOD
WITH RESPECT THERETO, THE BORROWER SHALL PAY TO SUCH LENDER SUCH AMOUNTS, IF
ANY, AS MAY BE REQUIRED PURSUANT TO SECTION 8.04(C).
SECTION 2.14.
PAYMENTS.
(A)
THE BORROWER SHALL MAKE EACH PAYMENT
HEREUNDER, IRRESPECTIVE OF ANY RIGHT OF COUNTERCLAIM OR SET-OFF, NOT LATER THAN
12:00 NOON (NEW YORK CITY TIME) ON THE DAY WHEN DUE IN U.S. DOLLARS TO THE
ADMINISTRATIVE AGENT AT THE ADMINISTRATIVE AGENT'S ACCOUNT IN SAME DAY FUNDS.
THE ADMINISTRATIVE AGENT WILL PROMPTLY THEREAFTER CAUSE TO BE DISTRIBUTED LIKE
FUNDS RELATING TO THE PAYMENT OF PRINCIPAL OR INTEREST RATABLY (OTHER THAN
AMOUNTS PAYABLE PURSUANT TO SECTION 2.12, 2.15 OR 8.04(C)) TO THE LENDERS FOR
THE ACCOUNT OF THEIR RESPECTIVE APPLICABLE LENDING OFFICES, AND LIKE FUNDS
RELATING TO THE PAYMENT OF ANY OTHER AMOUNT PAYABLE TO ANY LENDER TO SUCH LENDER
FOR THE ACCOUNT OF ITS APPLICABLE LENDING OFFICE, IN EACH CASE TO BE APPLIED IN
ACCORDANCE WITH THE TERMS OF THIS AGREEMENT.
UPON ITS ACCEPTANCE OF AN
ASSIGNMENT AND ACCEPTANCE AND RECORDING OF THE INFORMATION CONTAINED THEREIN IN
THE REGISTER PURSUANT TO SECTION 8.07(C), FROM AND AFTER THE EFFECTIVE DATE
SPECIFIED IN SUCH ASSIGNMENT AND ACCEPTANCE, THE ADMINISTRATIVE AGENT SHALL MAKE
ALL PAYMENTS HEREUNDER AND UNDER THE NOTES IN RESPECT OF THE INTEREST ASSIGNED
THEREBY TO THE LENDER ASSIGNOR AND THE LENDER ASSIGNEE THEREUNDER ON A PRO RATA
BASIS SUBJECT TO ALL APPROPRIATE ADJUSTMENTS IN SUCH PAYMENTS FOR PERIODS PRIOR
TO SUCH EFFECTIVE DATE.
(B)
EXCEPT AS OTHERWISE PROVIDED HEREIN, WHENEVER ANY PAYMENT
HEREUNDER OR UNDER THE NOTES SHALL BE STATED TO BE DUE ON A DAY OTHER THAN A
BUSINESS DAY, SUCH PAYMENT SHALL
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BE MADE ON THE NEXT SUCCEEDING BUSINESS DAY, AND SUCH EXTENSION OF TIME SHALL IN
SUCH CASE BE INCLUDED IN THE COMPUTATION OF PAYMENT, AS THE CASE MAY BE.
(C)
UNLESS THE ADMINISTRATIVE AGENT SHALL HAVE RECEIVED NOTICE FROM
THE BORROWER PRIOR TO THE DATE ON WHICH ANY PAYMENT IS DUE TO THE LENDERS
HEREUNDER THAT THE BORROWER WILL NOT MAKE SUCH PAYMENT IN FULL, THE
ADMINISTRATIVE AGENT MAY ASSUME THAT THE BORROWER HAS MADE SUCH PAYMENT IN FULL
TO THE ADMINISTRATIVE AGENT ON SUCH DATE AND THE ADMINISTRATIVE AGENT MAY, IN
RELIANCE UPON SUCH ASSUMPTION, CAUSE TO BE DISTRIBUTED TO EACH LENDER ON SUCH
DUE DATE AN AMOUNT EQUAL TO THE AMOUNT THEN DUE SUCH LENDER.
IF AND TO THE
EXTENT THE BORROWER SHALL NOT HAVE SO MADE SUCH PAYMENT IN FULL TO THE
ADMINISTRATIVE AGENT, EACH LENDER SHALL REPAY TO THE ADMINISTRATIVE AGENT
FORTHWITH ON DEMAND SUCH AMOUNT DISTRIBUTED TO SUCH LENDER TOGETHER WITH
INTEREST THEREON, FOR EACH DAY FROM THE DATE SUCH AMOUNT IS DISTRIBUTED TO SUCH
LENDER UNTIL THE DATE SUCH LENDER REPAYS SUCH AMOUNT TO THE ADMINISTRATIVE
AGENT, AT THE FEDERAL FUNDS RATE.
SECTION 2.15.
TAXES.
(A)
ANY AND ALL PAYMENTS BY THE BORROWER TO OR
FOR THE ACCOUNT OF ANY LENDER OR THE ADMINISTRATIVE AGENT