Common use of Determination of CD Rate Clause in Contracts

Determination of CD Rate. If the Base Rate specified on the face hereof is the CD Rate, the CD Rate with respect to this Note shall be determined on each Interest Determination Date and shall be the rate for the relevant Interest Determination Date for negotiable U.S. dollar certificates of deposit having the specified Index Maturity as published in H.15(519) under the heading "CDs (Secondary Market)." If such rate is not published before 3:00 p.m., New York City time, on the relevant Calculation Date, then the CD Rate for such Interest Reset Date shall be the rate on such Interest Determination Date for negotiable certificates of deposit having the specified Index Maturity as published in Composite Quotations under the heading "Certificates of Deposit." If by 3:00 p.m., New York City time, on such Calculation Date such rate is not published in either H.15(519) or Composite Quotations, the CD Rate for such Interest Reset Date shall be calculated by the Calculation Agent and shall be the arithmetic mean of the secondary market offered rates, as of 10:00 a.m., New York City time, on such Interest Determination Date, of three leading nonbank dealers of negotiable U.S. dollar certificates of deposit in The City of New York selected by the Calculation Agent for negotiable U.S. dollar certificates of deposit of major United States money market banks in the market for negotiable U.S. dollar certificates of deposit with a remaining maturity closest to the specified Index Maturity in a denomination of U.S. $5,000,000; provided, however, that if fewer than three dealers selected as provided above by the Calculation Agent are quoting as mentioned in this sentence, the CD Rate for such Interest Reset Date will be the CD Rate in effect on such Interest Determination Date.

Determination of CD Rate. If the Base Rate specified on the face hereof is the CD Rate, the CD Rate means, with respect to this Note shall be determined on each an Interest Determination Date and shall be the rate for the relevant (a "CD Rate Interest Determination Date for negotiable U.S. dollar certificates of deposit having the specified Index Maturity as published in H.15(519) under the heading Date"CDs (Secondary Market)." If such rate is not published before 3:00 p.m., New York City time, on the relevant Calculation Date, then the CD Rate for such Interest Reset Date shall be the rate on such CD Rate Interest Determination Date for negotiable certificates of deposit having the specified Index Maturity specified on the face hereof, as such rate is published by the Board of Governors of the Federal Reserve System (the "Federal Reserve Board") in "Statistical Release H.15(519), Selected Interest Rates," or any successor publication of the Federal Reserve Board ("H.15(519)"), under the heading "CDs (Secondary Market)," or, if not so published by 3:00 P.M., New York City time, on the Calculation Date pertaining to such CD Rate Interest Determination Date, the CD Rate will be the rate on such CD Rate Interest Determination Date for negotiable certificates of deposit of the Index Maturity specified on the face hereof, as published by the Federal Reserve Bank of New York in its daily statistical release "Composite 3:30 P.M. Quotations for U.S. Government Securities" ("Composite Quotations") under the heading "Certificates of Deposit." If by 3:00 p.m., New York City time, on such Calculation Date such rate is not published in either H.15(519) or the Composite QuotationsQuotations by 3:00 P.M., New York City time, on such Calculation Date, then the CD Rate for on such CD Rate Interest Reset Determination Date shall will be calculated by the Calculation Agent and shall will be the arithmetic mean of the secondary market offered rates, rates as of 10:00 a.m.A.M., New York City time, on such CD Rate Interest Determination Date, of three leading nonbank dealers of in negotiable U.S. dollar certificates of deposit in The City of New York City selected by the Calculation Agent for negotiable U.S. dollar certificates of deposit in denominations of $5,000,000 of major United States money market center banks in the market for negotiable U.S. dollar certificates of deposit with a remaining maturity closest to the specified Index Maturity in a denomination of U.S. $5,000,000specified on the face hereof; provided, however, that if fewer than three the dealers selected as provided above aforesaid by the Calculation Agent are not quoting as mentioned in this sentenceset forth above, the CD Rate for such CD Rate Interest Reset Determination Date will be the CD Rate then in effect on such CD Rate Interest Determination Date.

Determination of CD Rate. If an Interest Rate Basis for this Note is the Base Rate CD Rate, as specified on the face hereof (or, if this Note is in global form, in the CD RatePricing Supplement), the CD Rate with respect to this Note shall be determined on each as of the applicable Interest Determination Date and shall be (a “CD Rate Interest Determination Date”) as the rate for the relevant Interest Determination Date on such date for negotiable U.S. United States dollar certificates of deposit having the specified Index Maturity specified on the face hereof (or, if this Note is in global form, in the Pricing Supplement) as published in H.15(519) under (as defined below) opposite the heading "caption “CDs (Secondary Marketsecondary market)." If ”. In the event that such rate is not so published before prior to 3:00 p.m., New York City time, on the relevant Calculation Date (as defined below) pertaining to such CD Rate Interest Determination Date, then the CD Rate for such Interest Reset Date shall will be the rate on such CD Rate Interest Determination Date for negotiable certificates of deposit having the specified Index Maturity specified on the face hereof (or, if this Note is in global form, in the Pricing Supplement) as published in Composite Quotations under H.15 Daily Update (as defined below), or another recognized electronic source used for the heading "Certificates purpose of Depositdisplaying that rate, opposite the caption “CDs (secondary market)." ” If such rate is published neither in H.15(519) nor in H.15 Daily Update or another recognized electronic source by 3:00 p.m., New York City time, on such Calculation Date such rate is not published in either H.15(519) or Composite QuotationsDate, the CD Rate for such CD Rate Interest Reset Determination Date shall will be calculated by the Calculation Agent and shall will be the arithmetic mean of the secondary market offered rates, rates as of 10:00 a.m., New York City time, on such CD Rate Interest Determination Date, of three leading nonbank dealers of negotiable U.S. United States dollar certificates of deposit in The City of New York selected by the Calculation Agent for negotiable U.S. United States dollar certificates of deposit of major United States money market banks in the market for negotiable U.S. dollar certificates of deposit with a remaining maturity closest to the specified Index Maturity specified on the face hereof (or, if this Note is in global form, in the Pricing Supplement) in an amount that is representative for a denomination of U.S. $5,000,000single transaction in that market at that time; provided, however, that if fewer than three the dealers selected as provided above aforesaid by the Calculation Agent are not quoting as mentioned in this sentence, the CD Rate for determined on such CD Rate Interest Reset Determination Date will be the CD Rate in effect on such Interest Determination Datedate.

Determination of CD Rate. If an Interest Rate Basis for this Note is the Base Rate CD ------------------------ Rate, as specified on the face hereof (or, if this Note is in global form, in the CD RatePricing Supplement), the CD Rate with respect to this Note shall be determined on each as of the applicable Interest Determination Date and shall be (a "CD Rate Interest Determination Date") as the rate for the relevant Interest Determination Date on such date for negotiable U.S. United States dollar certificates of deposit having the specified Index Maturity specified on the face hereof (or, if this Note is in global form, in the Pricing Supplement) as published in H.15(519) (as defined below) under the heading "CDs (Secondary Market)." If ". In the event that such rate is not so published before prior to 3:00 p.m., New York City time, on the relevant Calculation Date pertaining to such CD Rate Interest Determination Date, then the CD Rate for such Interest Reset Date shall will be the rate on such CD Rate Interest Determination Date for negotiable certificates of deposit having the specified Index Maturity specified on the face hereof (or, if this Note is in global form, in the Pricing Supplement) as published in Composite Quotations H.15 Daily Update (as defined below), or another recognized electronic source used for the purpose of displaying that rate, under the heading "Certificates of Deposit." CDs (secondary market)". If such rate is published neither in H.15(519) nor in H.15 Daily Update or another recognized electronic source by 3:00 p.m., New York City time, on such Calculation Date such rate is not published in either H.15(519) or Composite QuotationsDate, the CD Rate for such CD Rate Interest Reset Determination Date shall will be calculated by the Calculation Agent and shall will be the arithmetic mean of the secondary market offered rates, rates as of 10:00 a.m., New York City time, on such CD Rate Interest Determination Date, of three leading nonbank dealers of negotiable U.S. United States dollar certificates of deposit in The City of New York selected by the Calculation Agent for negotiable U.S. United States dollar certificates of deposit of major United States money market banks in the market for negotiable U.S. dollar certificates of deposit with a remaining maturity closest to the specified Index Maturity specified on the face hereof (or, if this Note is in global form, in the Pricing Supplement) in an amount that is representative for a denomination of U.S. $5,000,000single transaction in that market at that time; provided, however, that if fewer than three the dealers selected as provided above aforesaid by the Calculation Agent are not quoting as mentioned in this sentence, the CD Rate for determined on such CD Rate Interest Reset Determination Date will be the CD Rate in effect on such Interest Determination Datedate.

Determination of CD Rate. If the Base Interest Rate specified on the face hereof Basis of this Security is the CD Rate, the CD Rate interest rate with respect to this Note any Interest Reset Date shall be determined on each Interest Determination Date and shall be equal the rate for the relevant CD Rate Interest Determination Date for negotiable U.S. dollar certificates of deposit deposits having the specified Index Maturity specified on the face hereof as published in H.15(519) under the heading "CDs (Secondary Market)." If In the event that such rate is not so published before prior to 3:00 p.m.P.M., New York City time, on the relevant Calculation Date, then the CD Rate for with respect to such Interest Reset Date shall be the rate on such CD Rate Interest Determination Date for negotiable certificates of deposit having the specified Index Maturity as published in the Composite Quotations under the heading "Certificates of Deposit." If by 3:00 p.m.P.M., New York City time, on such Calculation Date such rate is not published in either H.15(519) or Composite Quotations, the CD Rate for with respect to such Interest Reset Date shall be calculated by the Calculation Agent and shall be the arithmetic mean of the secondary market offered rates, rates as of 10:00 a.m., A.M. New York City time, on such CD Rate Interest Determination Date, of three leading nonbank dealers of negotiable U.S. dollar certificates of deposit in The City of New York selected by the Calculation Agent for negotiable U.S. dollar certificates of deposit of major United States money market banks in the market for negotiable U.S. dollar certificates of deposit with a remaining maturity closest to the specified Index Maturity specified on the face hereof in a denomination of U.S. $5,000,000; provided, however, that that, if fewer than three dealers selected as provided above aforesaid by the Calculation Agent are quoting as mentioned in this sentence, the CD Rate for with respect to such Interest Reset Date will be the CD Rate in effect on such CD Rate Interest Determination Date.

Determination of CD Rate. If the Base Rate specified on the face hereof is the CD Rate, the CD Rate with respect to this Note shall be determined on each Interest Determination Date and shall be the rate for the relevant Interest Determination Date on such date for negotiable U.S. dollar certificates of deposit having the specified Index Maturity specified on the face hereof as published by the Board of Governors of the Federal Reserve System in "Statistical Release H.15(519) ), Selected Interest Rates," or any successor publication of the Board of Governors of the Federal Reserve System ("H.15(519)"), under the heading "CDs (Secondary Market).," If such rate is or, if not so published before 3:00 p.m.by 9:00 A.M., New York City time, on the relevant Calculation Date pertaining to such Interest Determination Date, then the CD Rate for such Interest Reset Date shall will be the rate on such Interest Determination Date for negotiable certificates of deposit having of the specified Index Maturity specified on the face hereof as published by the Federal Reserve Bank of New York in its daily statistical release "Composite 3:30 P.M. Quotations for U.S. Government Securities" ("Composite Quotations") under the heading "Certificates of Deposit." If neither of such rates is published by 3:00 p.m.P.M., New York City time, on such Calculation Date such rate is not published in either H.15(519) or Composite QuotationsDate, then the CD Rate for on such Interest Reset Determination Date shall will be calculated by the Calculation Agent referred to on the face hereof and shall will be the arithmetic mean of the secondary market offered rates, rates as of 10:00 a.m.A.M., New York City time, on such Interest Determination Date, for certificates of deposit in the denomination of $5,000,000 with a remaining maturity closest to the Index Maturity specified on the face hereof of three leading nonbank dealers of in negotiable U.S. dollar certificates of deposit in The City of New York selected by the Calculation Agent for negotiable U.S. dollar certificates of deposit of major United States money market center banks of the highest credit standing in the market for negotiable U.S. dollar certificates of deposit with a remaining maturity closest to the specified Index Maturity in a denomination of U.S. $5,000,000deposit; provided, however, that if fewer than three the dealers selected as provided above aforesaid by the Calculation Agent are not quoting as mentioned in this sentence, the rate of interest in effect for the applicable period will be the same as the CD Rate for the immediately preceding Interest Reset Period (or, if there was no such Interest Reset Date will Period, the rate of interest payable hereon shall be the CD Rate in effect on such Initial Interest Determination DateRate).

Determination of CD Rate. If the Base an Interest Rate specified on the face hereof Basis for this Note is the CD Rate, as indicated on the face hereof, the CD Rate with respect to this Note shall be determined on each as of the applicable Interest Determination Date and shall be (a “CD Rate Interest Determination Date”) as the rate for the relevant Interest Determination Date on that date for negotiable U.S. dollar certificates of deposit having the specified Index Maturity specified on the face hereof as published in H.15(519) (as hereinafter defined) under the heading "“CDs (Secondary Marketsecondary market)." If such ”. In the event that the above rate is not published before prior to 3:00 p.m.P.M., New York City time, on the relevant Calculation Date pertaining to that CD Rate Interest Determination Date, then the CD Rate for such Interest Reset Date shall be the rate on such that CD Rate Interest Determination Date set forth in H.15 Daily Update (as hereinafter defined), or another recognized electronic source, used for negotiable the purpose of displaying that rate, for that day in respect of certificates of deposit having the specified Index Maturity as published specified in Composite Quotations the applicable Note under the heading "Certificates of Deposit." caption “CDs (secondary market)”. If by 3:00 p.m.P.M., New York City time, on such the related Calculation Date such rate the CD Rate is not yet published in either H.15(519) or Composite QuotationsH.15 Daily Update or another recognized electronic source, the CD Rate for such that CD Interest Reset Determination Date shall be calculated by the Calculation Agent and shall be the arithmetic mean of the secondary market offered rates, as of 10:00 a.m.A.M., New York City time, on such that CD Rate Interest Determination Date, of three leading nonbank dealers of negotiable U.S. dollar certificates of deposit in The City of New York selected by the Calculation Agent for negotiable U.S. dollar certificates of deposit of major United States U.S. money market banks in the market for negotiable U.S. dollar certificates of deposit with a remaining maturity closest to the specified Index Maturity specified in the applicable Note in an amount that is representative for a denomination of U.S. $5,000,000; provided, however, single transaction in that if market at that time. If fewer than three dealers selected as provided above by the Calculation Agent are quoting as mentioned in this sentenceset forth above, the CD Rate for such Interest Reset Date will be the CD Rate in effect on such that CD Rate Interest Determination Date.

Determination of CD Rate. If the Base an Interest Rate specified on the face hereof Basis for this Note is the CD Rate, as indicated on the face hereof or in the Pricing Supplement, the CD Rate with respect to this Note shall be determined on each as of the applicable Interest Determination Date and shall be (a “CD Rate Interest Determination Date”) as the rate for the relevant Interest Determination Date on such date for negotiable U.S. United States dollar certificates of deposit having the specified Index Maturity specified in the applicable Pricing Supplement as published in H.15(519) under the heading "“CDs (Secondary Marketsecondary market)." If such rate is ” or, if not so published before by 3:00 p.m.P.M., New York City time, on the relevant related Calculation Date, the rate on such CD Rate Interest Determination Date for negotiable United States dollar certificates of deposit of the Index Maturity specified in the applicable Pricing Supplement as published in H.15 Daily Update, or such other recognized electronic source used for the purpose of displaying such rate, under the caption “CDs (secondary market).” If such rate is not yet published in H.15(519), H.15 Daily Update or another recognized electronic source by 3:00 P.M., New York City time, on the related Calculation Date, then the CD Rate for such Interest Reset Date shall be the rate on such CD Rate Interest Determination Date for negotiable certificates of deposit having the specified Index Maturity as published in Composite Quotations under the heading "Certificates of Deposit." If by 3:00 p.m., New York City time, on such Calculation Date such rate is not published in either H.15(519) or Composite Quotations, the CD Rate for such Interest Reset Date shall will be calculated by the Calculation Agent and shall will be the arithmetic mean of the secondary market offered rates, rates as of 10:00 a.m.A.M., New York City time, on such CD Rate Interest Determination Date, of three leading nonbank dealers of in negotiable U.S. United States dollar certificates of deposit in The City of New York (which may include the Dealers or their affiliates) selected by the Calculation Agent for negotiable U.S. United States dollar certificates of deposit of major United States money market banks in the market for negotiable U.S. dollar certificates of deposit with a remaining maturity closest to the specified Index Maturity specified in the applicable Pricing Supplement in an amount that is representative for a denomination of U.S. $5,000,000single transaction in that market at that time; provided, however, that if fewer than three the dealers so selected as provided above by the Calculation Agent are not quoting as mentioned in this sentence, the CD Rate for determined as of such CD Rate Interest Reset Determination Date will be the CD Rate in effect on such CD Rate Interest Determination Date.

Determination of CD Rate. If the Base Rate specified indicated on the face hereof is the CD Rate, the CD Rate with respect to this Note interest rate shall be determined equal the rate on each Interest Determination Date and shall be specified on the rate for the relevant Interest Determination Date face hereof for negotiable U.S. dollar certificates of deposit having the specified Index Maturity specified on the face hereof, as such rate is published by the Board of Governors of the Federal Reserve System in "Statistical Release H.15(519), Selected Interest Rates", or any successor publication of the Board of Governors of the Federal Reserve System ("H.15(519)") under the heading "CDs (Secondary Market)." If or, if such rate is not so published before by 3:00 p.m.P.M., New York City time, on the relevant Calculation Date pertaining to such Interest Determination Date, then the CD Rate for such Interest Reset Determination Date shall will be the rate on such Interest Determination Date for negotiable certificates of deposit having of the specified Index Maturity as published by the Federal Reserve Bank of New York in its daily statistical release "Composite 3:30 P.M. Quotations for U.S. Government Securities" or any successor publication of the Federal Reserve Bank of New York ("Composite Quotations") under the heading "Certificates of Deposit." ". If by 3:00 p.m., New York City time, on such Calculation Date such rate is not published in either H.15(519) or Composite QuotationsQuotations by 3:00 P.M., New York City time, on the Calculation Date pertaining to such Interest Determination Date, then the CD Rate for such Interest Reset Determination Date shall will be calculated by the Calculation Agent and shall will be the arithmetic mean of the secondary market offered rates, rates as of 10:00 a.m.A.M., New York City time, on such Interest Determination Date, of three leading nonbank dealers of in negotiable U.S. dollar certificates of deposit in The City of New York selected by the Calculation Agent for negotiable U.S. dollar certificates of deposit of major United States money market center banks of the highest credit standing (in the market for negotiable U.S. dollar certificates of deposit deposit) with a remaining maturity closest to the specified Index Maturity in a denomination of U.S. $5,000,000; provided. In each of the above cases, howeverthe rate shall be adjusted by the addition or subtraction of the Spread, that if fewer than three any, specified on the face hereof, or by multiplication by the Spread Multiplier, if any, specified on the face hereof. If the dealers selected as provided above aforesaid by the Calculation Agent are not quoting as mentioned in this sentenceset forth above, the CD Rate for with respect to such Interest Reset Determination Date will be the CD Rate in effect on immediately prior to such Interest Determination Date.