Common use of Changes in Auction Period or Periods Clause in Contracts

Changes in Auction Period or Periods. (a) While any of the Series 2004-1 Notes are Outstanding, the Corporation may, from time to time, convert the length of one or more Auction Periods (an "Auction Period Adjustment"), in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the length of the Auction Period and the Series 2004-1 Note Interest Rate borne by the Series 2004-1 Notes. The Corporation shall not initiate an Auction Period Adjustment unless it shall have received, not less than three (3) days nor more than twenty (20) days prior to the Auction Period Adjustment, (i) the written consent of the Market Agent, which consent shall not be unreasonably withheld and (ii) written confirmation from each of the Rating Agencies then rating the Series 2004-1 Notes that such Auction Period Adjustment will not adversely affect its ratings then applicable to any of the Series 2004-1

Changes in Auction Period or Periods. (a) While any of the Series 20042001-1 Notes are Outstanding, the Corporation may, from time to time, convert the length of one or more Auction Periods (an "Auction Period Adjustment"), in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the length of the Auction Period and the Series 20042001-1 Note Interest Rate borne by the Series 20042001-1 Notes. The Corporation shall not initiate an Auction Period Adjustment unless it shall have received, not less than three (3) days nor more than twenty (20) days prior to the Auction Period Adjustment, (i) the written consent of the Market Agent, which consent shall not be unreasonably withheld and (ii) written confirmation from each of the Rating Agencies then rating the Series 20042001-1 Notes that such Auction Period Adjustment will not adversely affect its ratings then applicable to any of the Series 20042001-1

Changes in Auction Period or Periods. (a) While any of the Series 20042000-1 Notes are Outstanding, the Corporation may, from time to time, convert the length of one or more Auction Periods (an "Auction Period Adjustment"), in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the length of the Auction Period and the Series 20042000-1 Note Interest Rate borne by the Series 20042000-1 Notes. The Corporation shall not initiate an Auction Period Adjustment unless it shall have received, not less than three (3) days nor more than twenty (20) days prior to the Auction Period Adjustment, (i) the written consent of the Market Agent, which consent shall not be unreasonably withheld and (ii) written confirmation from each of the Rating Agencies then rating the Series 20042000-1 Notes that such Auction Period Adjustment will not adversely affect its ratings then applicable to any of the Series 20042000-1

Changes in Auction Period or Periods. (a) While any of the Series 20041999-1 Notes are Outstanding, the Corporation may, from time to time, convert the length of one or more Auction Periods (an "Auction Period Adjustment"), in order to conform with then current market practice with respect to similar securities or to accommodate economic and financial factors that may affect or be relevant to the length of the Auction Period and the Series 20041999-1 Note Interest Rate borne by the Series 20041999-1 Notes. The Corporation shall not initiate an Auction Period Adjustment unless it shall have received, not less than three (3) days nor more than twenty (20) days prior to the Auction Period Adjustment, (i) the written consent of the Market Agent, which consent shall not be unreasonably withheld and (ii) written confirmation from each of the Rating Agencies then rating the Series 20041999-1 Notes that such Auction Period Adjustment will not adversely affect its ratings then applicable to any of the Series 20041999-1