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Interest on the Bonds shall accrue during a Weekly Mode from the later of (i) the first day of each calendar month or (ii) the Adjustment Date for such Weekly Mode, to and including the earlier of (iii) the last day of each calendar month or (iv) the day prior to the Adjustment Date for the Mode which succeeds such Weekly Mode. Interest on the Bonds shall accrue during an Adjustable Long Mode (A) with respect to any Bond in an Adjustable Long Mode for any Rate Period which is 366 days or less from the Rate Change Date for such Bonds to the day prior to the next succeeding Rate Change Date and (B) with respect to any Bond in an Adjustable Long Mode for any Rate Period which exceeds 366 days from each February 1 and August 1 to, but not including, the next succeeding February 1 or August 1 and from each succeeding February 1 or August 1, as the case may be, to the next succeeding February 1 or August 1. Interest on the Bonds shall accrue during a Fixed Rate Period from the Conversion Date to, but not including, the next succeeding February 1 or August 1 and from each succeeding February 1 or August 1, as the case may be, to the next succeeding February 1 or August 1. The foregoing notwithstanding, no interest shall accrue on any Bonds prior to the first authentication and delivery of Bonds or after the Maturity thereof or after the redemption or mandatory purchase date for such Bond (provided the redemption or purchase price is paid or provided for in accordance with the provisions of this Indenture). • The principal of, premium, if any, and interest on the Bonds shall be payable in any coin or currency of the United States of America which, at the respective dates of payment thereof, is legal tender for the payment of public and private debts. The principal of and premium, if any, on Bonds bearing interest at a Weekly Rate or an Adjustable Long Rate shall be payable at the Principal Office of the Tender Agent, upon presentation and surrender of such Bonds. The principal of and premium, if any, on Bonds bearing interest at a Fixed Rate shall be payable at the Principal Office of the Trustee or, at the option of the owner, at the Principal Office of any Paying Agent, if any, named in any such Bond, upon presentation and surrender of such Bonds. Payment of principal on any Bond may be made to any owner of $1,000,000 or more in aggregate principal amount of Bonds by wire transfer to such owner on the principal payment date for said Bonds upon written notice from such owner containing the wire transfer address within the continental United States to which such owner wishes to have such wire directed, which written notice is received not later than the Business Day next preceding the 15th day prior to the principal payment date applicable to such Bonds, provided that such wire transfer shall only be made upon presentation and surrender of such Bonds. at the Principal Office of the Tender Agent on the principal payment date. Any payment of the purchase price of a Tendered Bond shall be payable at the 18