On each interest Payment Date, the Borrower shall pay to the Lender interest accrued at the interest Rate on the outstanding amount of the Loan during each interest Period.

在每个付息日，借款人应按照每个计息期未偿付贷款金额的利率支付贷款行应计利息。

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If Clearwire is unable to repay the PIK Debenture during this 30 day period, it would be entitled to convert the principal amount and accrued interest on the PIK Debenture into a note on terms comparable to the 2015 Senior Secured Notes previously repaid, having a maturity of December 1, 2015.

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