Common use of Determination of Interest Rates Clause in Contracts

Determination of Interest Rates. The New Mode for such Bonds shall commence on the Mode Change Date, and the interest rate(s) (together, in the case of a change to the Commercial Paper Mode, with the Interest Period(s) and Purchase Date(s)) with respect to such Bonds shall be determined by the Remarketing Agent for such Bonds in the manner provided in Sections 2.04, 2.05, 2.06, 2.07, 2.08, 2.09 or 2.10 as applicable.

Determination of Interest Rates. The New Mode for such the Bonds of a subseries shall commence on the Mode Change Date, Date for such Bonds and the interest rate(s) rate (togetheror rates, in the case of a change to the Commercial Paper Mode, together with the Interest Period(sPeriods for such Bonds) and Purchase Date(s)) with respect to such Bonds shall be determined by the Remarketing Agent for such Bonds in the manner provided in Sections 2.042.02, 2.052.03 and 2.04 hereof, 2.06, 2.07, 2.08, 2.09 or 2.10 as applicable. The Borrower shall select the Interest Period for the Bonds of a subseries converted to the Term Rate Mode on or prior to the Rate Determination Date for such Bonds.