US Airways 2008 Annual Report Download - page 260

Interest Rate with respect to each Note or portion thereof shall be established in accordance with Section 2.2.
(b) The**:
Section 2.2. Interest Periods.
(a) Interest Periods. The first Interest Period shall be the period commencing on the Funding Date (provided, that in the case of a delayed Funding Date,
the date the funds for such Note are made available to the Administrative Agent shall be the commencement date of such Interest Period pursuant to
Section 1.2(b)), and shall end on, but shall exclude, the next Interest Payment Date, and thereafter each successive Interest Period shall commence on (and
shall include) the last day of the next preceding Interest Period and shall end on (but shall exclude) the next succeeding Interest Payment Date, provided
however that notwithstanding anything in this Agreement to the contrary, the final Interest Period shall end on the Maturity Date.
(b) Expiration of Interest Periods. If an Interest Period would otherwise expire on a day that is not a Business Day, such Interest Period shall expire on the
next succeeding Business Day; provided that, if any Interest Period would otherwise expire on a day that is not a Business Day but is a day of the month after
which no further Business Day occurs in such month, such Interest Period shall expire on the next preceding Business Day.
Section 2.3. Interest Payments. Accrued interest on each Note shall be **of each Interest Period; provided, that (i) interest accrued pursuant to Section 2.4
shall be payable on demand and (ii) in the event of any repayment or prepayment of any Note (or any portion thereof), accrued interest on the principal
amount repaid or prepaid shall be payable on the date of such repayment or prepayment.
Section 2.4. ** Notwithstanding Section 2.1, the Borrower shall pay the Administrative Agent for the account of the Lenders and the Transaction Agents
on demand interest on any principal, interest, fee or other amount not paid hereunder, under any Note or under any other Transaction Document when due at a
rate per annum that is**.
Section 2.5. Computation of Interest. Interest on the Notes shall be computed on the basis of a **in the period during which such amount accrues. In
computing such amounts, the first day of the applicable period shall be included, and the last day of the applicable period shall be excluded; provided that if a
Note (or any portion thereof) is repaid on the same day on which it is made, one day's interest shall be paid on that Note or the relevant portion thereof.
Section 2.6. Maximum Rate. Notwithstanding anything herein to the contrary, if at any time the interest rate applicable to any Note, together with all fees,
charges and other amounts which are treated as interest on such Note under applicable law (collectively the "Charges"), shall exceed the maximum lawful rate
(the "Maximum Rate") which may be contracted for, charged, taken, received or reserved by the Lender holding the Loan or the relevant portion
** Confidential Treatment Requested. - 9 -