If the payment date does not correspond to a business day, interest on TIPS are paid on the immediately following business day. No interest shall be accrued for the period between the payment date and the immediately following business day. Without detriment to the foregoing, if the last payment date does not correspond to a business day, interest on TIPS will be paid on the immediately following business day. In such cases, interest on TIPS will be accrued for the period between the last payment date and the immediately following business day.
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