“Minimum Utilization Fee” means a fee payable pursuant to [Section 3.2] to each Committed Lender for each day of the related Accrual Period equal to the product of # the Applicable Margin and # the positive difference (if any) of # the product of # such Committed Lender’s average daily Commitment during the related Accrual Period multiplied by # the Minimum Utilization Percentage minus # the daily average Advances funded by such Committed Lender (or its Lender Group) during such Accrual Period minus # the Undrawn Fee accrued during such Accrual Period with respect to the amount of the unutilized Commitment.

Year of Participation. “Year of Participation” means the Participant shall be credited with a year of participation (computed to fractional parts of a year) for each accrual computation period for which the following conditions are met: # The Participant is credited with at least the number of Hours of Service for benefit accrual purposes, required under the terms of the Plan in order to accrue a benefit for the accrual computation period, and # the Participant is included as a Participant under the eligibility provisions of the plan for at least one day of the accrual computation period. If these two conditions are met, the portion of a year of participation credited to the Participant shall equal the amount of benefit accrual service credited to the Participant for such accrual computation period.

FTO accrual for part-time employees is calculated each pay period based on the hours worked in the payroll period. For example, an employee who worked 60 hours during a payroll period would receive seventy-five percent of the applicable accrual rate for that period.

“Adjusted Substitute Base Rate” shall mean, with respect to the applicable Interest Accrual Period, the quotient of # the Substitute Base Rate applicable to such Interest Accrual Period, divided by # one (1) minus the Reserve Percentage:

“Accrual Period” means (i) as to the First Payment Date, the period that begins on (and includes) the Accrual Commencement Date, and ends on (and excludes) the first day of the month in which such Payment Date occurs and (ii) as to any other Payment Date, the calendar month preceding that Payment Date. The Accrual Period for each Payment Date ends fifteen days prior to the related Payment Date except when the fifteenth day is not a Business Day, in which event the Accrual Period ends more than fifteen days in advance of such Payment Date.

Period. This Plan period covers the Company’s fiscal year beginning on January 1, 2020 and ending on December 31, 2020. Plan participation, performance goals, and target incentives are established at the beginning of the year.

Period. The put option must be exercised during the sixty (60) day period beginning on the date the Employer Securities are first distributed by the Plan (the “initial put option”) or during the sixty (60) day period that begins on the earlier of # first annual anniversary of such distribution date or # the beginning of the sixty (60) day period ending on the last day of the Plan Year that immediately follows the Plan Year in which the initial put option starts (the “second put option”). The period during which either the initial or second put option is exercisable shall not include any time when a Holder is unable to exercise the put option because the Employer is prohibited from honoring the put option by federal or state law.

“Interest Period” shall mean the interest accrual period in each Mortgage Loan Documents.

“Eurodollar Rate” means, for any Interest Accrual Period, the rate per annum equal to the London Interbank Offered Rate as administered by ICE Benchmark Administration (or any other Person that takes over the administration of such rate for U.S. Dollars for a period equal in length to such Interest Accrual Period) (“LIBOR”) as published on the applicable Bloomberg screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Accrual Period, for Dollar deposits (for delivery on the first day of such Interest Accrual Period) with a term equivalent to such Interest Accrual Period; provided, that if the Eurodollar Rate determined herein would be less than zero percent (0.00%), such rate shall be deemed zero percent (0.00%) for purposes of this Agreement.

Cessation of Accrual of Interest. Except as provided in [Section 4.04(a)] or [Section 7.03(d)], interest will cease to accrue on each Note from, and including, the date that such Note is deemed, pursuant to this [Section 3.11], to cease to be outstanding, unless there occurs a default in the payment or delivery of any cash or other property due on such Note.