(a) (Floating Rate Component): The Floating Rate Component will be payable with effect from the first Interest Period specified in the Floating Rate Component Schedule (as defined in section [#] of the Payment Schedule). Within 5 Business Days after each Floating Rate Component being able to be calculated, Project Co must provide a notice to the State setting out the amount of the Floating Rate Component for the Interest Period to which the Floating Rate Component relates.
(b) (Invoice): Within 5 Business Days after receipt of such notice, either:
(i) the State must provide a Floating Rate Component Invoice to Project Co (if the Floating Rate Component is negative); or
(ii) Project Co must provide a Floating Rate Component Invoice to the State (if the Floating Rate Component is positive),
for the amount of the Floating Rate Component.
(c) (Timing of payment): Project Co or the State (as the case may be) must pay the amount of a Floating Rate Component Invoice on or before the last day of the relevant Interest Period.