Common use of All Hold Rate Clause in Contracts

All Hold Rate. (a) On each Remarketing Terms Determination Date for the Reset Rate Notes which are denominated in U.S. Dollars during both the then-current Reset Period and the immediately following Reset Period, the Remarketing Agents, in consultation with the Administrator, will establish the All Hold Rate for the Reset Rate Notes. With respect to the Reset Rate Notes that are either in Foreign Exchange Mode during the then-current Reset Period or will be reset into Foreign Exchange Mode on the immediately following Reset Date, all Reset Rate Noteholders will be deemed to have tendered their Notes on the Reset Date, regardless of any desire by such Reset Rate Noteholders to retain their ownership thereof, and no All Hold Rate will be applicable.

All Hold Rate. (a) On each Remarketing Terms Determination Date for the Reset Rate Notes which are denominated in U.S. Dollars during both the then-current Reset Period and the immediately following Reset Period, the Remarketing Agents, in consultation with the Administrator, will establish the All Hold Rate for the Reset Rate Notes. With respect to When the Reset Rate Notes that are either in Foreign Exchange Mode during the then-current Reset Period or will be reset into Foreign Exchange Mode on the immediately following Reset Date, all Reset Rate Noteholders will be deemed to have tendered their Notes on the related Reset Date, regardless of any desire by such Reset Rate Noteholders to retain their ownership thereof, and no All Hold Rate will be applicable.