Common use of Determination of Prime Rate Clause in Contracts

Determination of Prime Rate. The "Prime Rate" for any Interest Determination Date is the prime rate or base lending rate on that date, as published in H.15(519) by 9:00 A.M., New York City time, on the Calculation Date for that Interest Determination Date under the heading "Bank Prime Loan". The following procedures will be followed if the Prime Rate cannot be determined as described above: · If the rate is not published in H.15(519) by 3:00 P.M., New York City time, on the Calculation Date, then the Prime Rate will be the rate as published in H.15 Daily Update, or such other recognized electronic source used for the purpose of displaying the applicable rate, under the caption "Bank Prime Loan." · If that rate information is not provided by 3:00 P.M., New York City time, then the calculation agent will determine the Prime Rate based on the rates as they appear on the Reuters screen US PRIME 1. If at least one rate, but fewer than four rates appear on the Reuters screen US PRIME 1 on the Interest Determination Date, then the Prime Rate will be the average of the prime rates or base lending rates quoted (on the basis of the actual number of days in the year divided by a 360-day year) as of the close of business on the Interest Determination Date by four major money center banks in New York City selected by the calculation agent. · If fewer than two rates appear on the Reuters screen as US PRIME 1, then the Prime Rate will be the average of the Prime Rates furnished in New York City by the appropriate number of substitute banks or trust companies (all organized under the United States or any of its states and having total equity capital of at least $500,000,000) selected by the calculation agent, on the Interest Determination Date. · If the banks selected by the calculation agent are not quoting as mentioned above, the Prime Rate will remain the Prime Rate then in effect on the Interest Determination Date. "Reuters screen US PRIME 1" means the display designated as page "US PRIME 1" on the Reuters Monitor Money Rates Service (or such other page as may replace the US PRIME 1 page on that service for the purpose of displaying prime rates or base lending rates of major United States banks).

Determination of Prime Rate. The "If the Base Rate specified on the face hereof is the Prime Rate" for any , the Prime Rate with respect to this Note shall be determined on each Interest Determination Date is and shall be the prime rate or base lending rate on that date, as published set forth for the relevant Interest Determination Date in H.15(519) by 9:00 A.M.under the heading "Bank Prime Loan." If such rate is not published before 3:00 p.m., New York City time, on the Calculation Date for that Interest Determination Date under the heading "Bank Prime Loan". The following procedures will be followed if the Prime Rate cannot be determined as described above: · If the rate is not published in H.15(519) by 3:00 P.M., New York City time, on the relevant Calculation Date, then the Prime Rate for such Interest Reset Date will be the rate arithmetic mean of the rates of interest publicly announced by each bank that appears on the display designated as published in H.15 Daily Update, page "USPRIME1" on the Reuters Monitor Money Rates Service or any successor service (or such other recognized electronic source used page as may replace the USPRIME1 page on that service or any successor service for the purpose of displaying the applicable rate, under the caption prime rates or base lending rates of major United States banks) ("Bank Prime Loan." · If that Reuters Screen USPRIME1 Page") as such bank's prime rate information is not provided by 3:00 P.M., New York City time, then the calculation agent will determine the Prime Rate based on the rates or base lending rate as they appear in effect for such Interest Determination Date as quoted on the Reuters screen US PRIME 1Screen USPRIME1 Page on such Interest Determination Date. If at least one rate, but fewer than four such rates appear on the Reuters screen US PRIME 1 Screen USPRIME1 Page on the such Interest Determination Date, then the Prime Rate for such Interest Reset Date will be the average arithmetic mean of the prime rates or base lending rates (quoted (on the basis of the actual number of days in the year divided by a 360-day year) as of the close of business on the such Interest Determination Date by four major money center banks in The City of New York City selected by the calculation agent. · If Calculation Agent; provided, however, that if fewer than two rates appear on the Reuters screen four banks selected as US PRIME 1, then the Prime Rate will be the average of the Prime Rates furnished in New York City provided above by the appropriate number of substitute banks or trust companies (all organized under the United States or any of its states and having total equity capital of at least $500,000,000) selected by the calculation agent, on the Interest Determination Date. · If the banks selected by the calculation agent Calculation Agent are not quoting as mentioned abovein this sentence, the Prime Rate for such Interest Reset Date will remain be the Prime Rate then in effect on the such Interest Determination Date. "Reuters screen US PRIME 1" means the display designated as page "US PRIME 1" on the Reuters Monitor Money Rates Service (or such other page as may replace the US PRIME 1 page on that service for the purpose of displaying prime rates or base lending rates of major United States banks).

Determination of Prime Rate. The "If the Interest Rate Basis is Prime Rate" for any , the interest rate payable with respect to this Note shall equal the Prime Rate determined as specified on the face hereof, plus or minus the Spread, if any, or multiplied by the Spread Multiplier, if any. The Prime Rate shall equal the rate as of the Business Day prior to the Interest Reset Date (a “Prime Rate Interest Determination Date is the prime rate or base lending rate on Date”) that date, as published appears in H.15(519) under the heading “Bank Prime Loan”. If such rate is not published by 9:00 A.M.3:00 p.m., New York City time, on the Calculation Date for that Interest Determination Date under the heading "Bank Prime Loan". The following procedures will be followed if the pertaining to such Prime Rate cannot be determined as described above: · If the rate is not published in H.15(519) by 3:00 P.M., New York City time, on the Calculation Date, then the Prime Rate will be the rate as published in H.15 Daily Update, or such other recognized electronic source used for the purpose of displaying the applicable rate, under the caption "Bank Prime Loan." · If that rate information is not provided by 3:00 P.M., New York City time, then the calculation agent will determine the Prime Rate based on the rates as they appear on the Reuters screen US PRIME 1. If at least one rate, but fewer than four rates appear on the Reuters screen US PRIME 1 on the Interest Determination Date, then the Prime Rate will shall be the average of the prime rates or base lending rates quoted (rate on the basis of the actual number of days in the year divided by a 360-day year) as of the close of business on the such Prime Rate Interest Determination Date as published in H.15 Daily Update under the heading “Bank Prime Loan”. If by four major money center banks in 3:00 p.m., New York City selected by the calculation agent. · If fewer than two rates appear time, on the Reuters screen as US PRIME 1such Calculation Date such rate is not published in either H.15(519) or H.15 Daily Update or such other recognized electronic source, then the Prime Rate will shall be the average arithmetic mean of the Prime Rates furnished in New York City rates of interest publicly announced by the appropriate number of substitute banks or trust companies (all organized under the United States or any of its states and having total equity capital of at least $500,000,000) selected by the calculation agent, each bank that appears on the Interest Determination Date. · If the banks selected by the calculation agent are not quoting as mentioned above, the Prime Rate will remain the Prime Rate then in effect on the Interest Determination Date. "Reuters screen US PRIME 1" means the display designated as page "“US PRIME 1" ” on the Reuters Monitor Money Rates Service (Service, or such other page as may replace the US PRIME 1 page on that service for the purpose of displaying prime rates or base lending rates of major United States banksbanks (“Reuters Screen US PRIME 1 Page”), as such bank’s prime rate or base lending rate as of 11:00 a.m., New York City time, on such Prime Rate Interest Determination Date. If fewer than four such rates appear on the Reuters Screen US PRIME 1 Page on such Prime Rate Interest Determination Date, the Calculation Agent shall calculate the Prime Rate for such Prime Rate Interest Determination Date. Such rate shall be the arithmetic mean of the prime rates or base lending rates quoted on the basis of the actual number of days in the year divided by 360, as of the close of business on such Prime Rate Interest Determination Date by three major banks in The City of New York selected by the Calculation Agent after consultation with Québec (and which may be affiliates of the Agents). However, if the selected banks are not quoting, the Prime Rate for such Prime Rate Interest Determination Date shall be the Prime Rate in effect on such Prime Rate Interest Determination Date.

Determination of Prime Rate. The "Prime Rateprime rate" for any Interest Determination Date is the prime rate or base lending rate on that date, as published in H.15(519) by 9:00 A.M., New York City time, on the Calculation Date calculation date for that Interest Determination Date under the heading "Bank Prime Loan". ." The following procedures will be followed if the Prime Rate prime rate cannot be determined as described above: <Page> 10 · If the rate is not published in H.15(519) by 3:00 P.M., New York City time, on the Calculation Datecalculation date, then the Prime Rate prime rate will be the rate as published in H.15 Daily Update, or such other recognized electronic source used for the purpose of displaying the applicable rate, under the caption "Bank Prime Loan." · If that rate information is described above does not provided appear in H.15(519), H.15 Daily Update, or another recognized electronic source by 3:00 P.M., New York City time, on the calculation date, then the calculation agent Calculation Agent will determine the Prime Rate prime rate based on the rates as they appear on the Reuters screen US PRIME 1. If at least one rate, but fewer than four rates appear on the Reuters screen US PRIME 1 on the Interest Determination Date, then the Prime Rate prime rate will be the average of the prime rates or base lending rates quoted (on the basis of the actual number of days in the year divided by a 360-day year) as of the close of business on the Interest Determination Date by four major money center banks in New York City selected by the calculation agentCalculation Agent. · If fewer than two rates appear on the Reuters screen as US PRIME 1, then the Prime Rate prime rate will be the average of the Prime Rates prime rates furnished in New York City by the appropriate number of substitute banks or trust companies (all each organized under the laws of the United States or any of its states and having total equity capital of at least $500,000,000) selected by the calculation agent, Calculation Agent on the Interest Determination Date. · If the banks selected by the calculation agent Calculation Agent are not quoting as mentioned above, the Prime Rate prime rate will remain the Prime Rate prime rate then in effect on the Interest Determination Date. "Reuters screen US PRIME 1" means the display designated as page "US PRIME 1" on the Reuters Monitor Money Rates Service (or such other page as may replace the US PRIME 1 page on that service for the purpose of displaying prime rates or base lending rates of major United States banks).