Common use of Determination of Rates of Interest and Calculation of Interest Amounts Clause in Contracts

Determination of Rates of Interest and Calculation of Interest Amounts. (i) The Agent Bank shall, as soon as practicable after 11.00 a.m. (London time) on, as applicable, each Dollar Interest Determination Date, Euro Interest Determination Date and Sterling Interest Determination Date, determine and notify the First Issuer, the First Issuer Cash Manager, the Note Trustee, the Registrar and the Paying Agents of (i) the Rates of Interest applicable to each class of First Issuer Notes for the relevant Interest Period and (ii) the Dollar amount (in the case of a Series 1 First Issuer Note, a Series 2 First Issuer Note and a Series 3 First Issuer Note), the Euro amount (in the case of a Series 4 Class A1 First Issuer Note) and the Sterling amount (in the case of a Series 4 Class A2 First Issuer Note, a Series 4 Class B First Issuer Note and a Series 4 Class C First Issuer Note) (in each case, the “Interest Amount”) payable in respect of each Interest Period in respect of the Principal Amount Outstanding of each such First Issuer Note. (ii) The Interest Amount in respect of each class of First Issuer Notes shall be determined by first applying the relevant Rate of Interest to the Principal Amount Outstanding of the relevant class of First Issuer Notes, multiplying the sum by the applicable day count fraction described in Condition 4(A) and rounding the resultant figure to the nearest cent (in the case of the Series 1 First Issuer Notes, the Series 2 First Issuer Notes and the Series 3 First Issuer Notes), the nearest Euro 0.01 (in the case of the Series 4 Class A1 First Issuer Notes) and the nearest xxxxx (in the case of the Series 4 Class A2 First Issuer Notes, the Series 4 Class B First Issuer Note and the Series 4 Class C First Issuer Note) (half a cent, half a Euro 0.01 and half a xxxxx being rounded upwards), and then apportioning the resulting total between the First Issuer Noteholders of that class of First Issuer Notes, pari passu without preference or priority amongst themselves. For these purposes, in the case of the Series 1 Class A First Issuer Notes, following the occurrence of a Trigger Event or enforcement of the First Issuer Security in accordance with the First Issuer Deed of Charge, the Principal Amount Outstanding will include any amount of interest which would otherwise be payable on a monthly Series 1 Class A Interest Payment Date, which interest will be deferred until the next monthly Series 1 Class A Interest Payment Date and will itself bear interest at the rate of interest applicable to subsequent Interest Periods in respect of the Series 1 Class A First Issuer Notes until the next Quarterly Interest Payment Date and, in the case of the Series 2 Class A First Issuer Notes, following the occurrence of a Trigger Event or enforcement of the First Issuer Security in accordance with the First Issuer Deed of Charge, the Principal Amount Outstanding will include any amount of interest which would otherwise be payable on a semi-annual Series 2 Class A Interest Payment Date, which interest will be deferred until the next semi-annual Series 2 Class A Interest Payment Date and will itself bear interest at the rate of interest applicable to subsequent Interest Periods in respect of the Series 2 Class A First Issuer Notes until the next Quarterly Interest Payment Date.

Determination of Rates of Interest and Calculation of Interest Amounts. (i) The Agent Bank shall, as soon as practicable after 11.00 a.m. (London time) on, as applicable, each Dollar Interest Determination Date, Euro Interest Determination Date and Sterling Interest Determination Date, determine and notify the First Seventh Issuer, the First Seventh Issuer Cash Manager, the Note Trustee, the Registrar and the Paying Agents (as applicable) of (i) the Rates of Interest applicable to each class of First the Series 1 Seventh Issuer Notes, the Series 2 Seventh Issuer Notes, the Series 3 Seventh Issuer Notes and the Series 4 Seventh Issuer Notes for the relevant Interest Period and (ii) the Dollar amount (in the case of a Series 1 First Seventh Issuer Note, a Series 2 First Seventh Issuer Note and a Series 3 First Class A Seventh Issuer Note), the Euro amount (in the case of a Series 4 Class A1 First Seventh Issuer Note, a Series 4 Class B Seventh Issuer Note and a Series 4 Class M Seventh Issuer Note) and the Sterling amount (in the case of a Series 4 3 Class A2 First B Seventh Issuer Note, a Series 4 3 Class B First M Seventh Issuer Note and a Series 4 Class C First A2 Seventh Issuer Note) (in each case, the “Interest Amount”INTEREST AMOUNT) payable in respect of each Interest Period in respect of the Principal Amount Outstanding of each such First Series 1 Seventh Issuer Note, Series 2 Seventh Issuer Note, Series 3 Seventh Issuer Note and Series 4 Seventh Issuer Note. (ii) The Interest Amount in respect of each class of First Seventh Issuer Notes shall be determined by first applying the relevant Rate of Interest to the Principal Amount Outstanding of the relevant class of First Seventh Issuer NotesNote, multiplying the sum by the applicable day count fraction described in Condition 4(A) and rounding the resultant figure to the nearest cent (in the case of the Series 1 First Seventh Issuer Notes, the Series 2 First Seventh Issuer Notes and the Series 3 First Class A Seventh Issuer Notes), the nearest Euro 0.01 (in the case of the Series 4 Class A1 First Seventh Issuer NotesNote, the Series 4 Class B Seventh Issuer Note and the Series 4 Class M Seventh Issuer Note) and the nearest xxxxx (in the case of the Series 4 3 Class A2 First B Seventh Issuer NotesNote, the Series 4 3 Class B First M Seventh Issuer Note and the Series 4 Class C First A2 Seventh Issuer NoteNotes) (half a cent, half a Euro 0.01 and half a xxxxx being rounded upwards), and then apportioning the resulting total between the First Issuer Noteholders of that class of First Issuer Notes, pari passu without preference or priority amongst themselves. For these purposes, in the case of the Series 1 Class A First Seventh Issuer Notes, following the occurrence of a Trigger Event or enforcement Enforcement of the First Seventh Issuer Security in accordance with the First Seventh Issuer Deed of Charge, the Principal Amount Outstanding will include any amount of interest which would otherwise be payable on a monthly Series 1 Class A Interest Payment Date, which interest will be deferred until the next monthly Series 1 Class A Interest Payment Date and will itself bear interest at the rate of interest applicable to subsequent Interest Periods in respect of the Series 1 Class A First Issuer Notes until the next Quarterly Interest Payment Date and, in the case of the Series 2 Class A First Issuer Notes, following the occurrence of a Trigger Event or enforcement of the First Issuer Security in accordance with the First Issuer Deed of Charge, the Principal Amount Outstanding will include any amount of interest which would otherwise be payable on a semi-annual Series 2 Class A Interest Payment Date, which interest will be deferred until the next semi-annual Series 2 Class A Interest Payment Date and will itself bear interest at the rate of interest applicable to subsequent Interest Periods in respect of the Series 2 Class A First Seventh Issuer Notes until the next Quarterly Interest Payment Date.

Determination of Rates of Interest and Calculation of Interest Amounts. (i) The Agent Bank shall, as soon as practicable after 11.00 a.m. (London time) on, as applicable, the Quotation Time on each Dollar Interest Determination Date, Euro Interest Determination Date and Sterling Interest Determination Date, determine and notify the First Current Issuer, the First Current Issuer Cash Manager, the Note Trustee, the Registrar Trustee and the Paying Agents of (i) the Rates of Interest applicable to each class Class of First Issuer Notes for the relevant Interest Period and (ii) the Dollar amount Note Interest Amount payable in respect of each Note for the relevant Interest Period. (ii) If a Trigger Event occurs or the Current Issuer Security is enforced prior to the Interest Payment Date in December 2004, the case Agent Bank shall, as soon as practicable thereafter, determine and notify the Current Issuer, the Current Issuer Cash Manager, the Note Trustee and the Paying Agents of a (i) the Rates of Interest applicable to the Series 1 First Issuer Note, a Series 2 First Issuer Note and a Series 3 First Issuer Note), the Euro amount (in the case of a Series 4 Class A1 First Notes for the Interest Period commencing on the Interest Payment Date immediately preceding such 103 Trigger Event or enforcement of the Current Issuer NoteSecurity and ending on (but excluding) the next following Interest Payment Date, in each case, in respect of the Series 1 Class A1 Notes and (ii) the Sterling Note Interest Amount payable in respect of each Series 1 Class A1 Note for such Interest Period. (iii) The amount (of interest in the case respect of a Series 4 Class A2 First Issuer Note, a Series 4 Class B First Issuer Note and a Series 4 Class C First Issuer Note) each class of Notes in respect of an Interest Period (in each case, the “"Interest Amount”") payable in respect of each Interest Period in respect of the Principal Amount Outstanding of each such First Issuer Note. (ii) The Interest Amount in respect of each class of First Issuer Notes shall be determined by first applying the relevant Rate of Interest to the aggregate Principal Amount Outstanding of the relevant class of First Issuer NotesNotes of the relevant class, multiplying the sum by the applicable day count fraction described in Condition 4(A) and rounding the resultant figure to the nearest cent, amounts equal to or above half a cent being rounded upwards and amounts below half a cent being rounded downwards (in the case of Dollar Notes and the Euro Notes) and the nearest penny, amounts equal to or above half a penny being roundex xxxards and amounts below half a penny xxxxg rounded downwards (in the case of the Series 1 First Issuer NotesSterling Xxxxs). The amount of interest in respect of each Note in respect of an Interest Period (in each case, the Series 2 First Issuer Notes and "Note Interest Amount") shall be the Series 3 First Issuer Notes), the nearest Euro 0.01 (in the case proportion of the Series 4 Class A1 First Issuer Notes) and relevant Interest Amount in relation to the nearest xxxxx (in the case of the Series 4 Class A2 First Issuer Notes, the Series 4 Class B First Issuer Note and the Series 4 Class C First Issuer Note) (half a cent, half a Euro 0.01 and half a xxxxx being rounded upwards), and then apportioning the resulting total between the First Issuer Noteholders of that relevant class of First Issuer Notes, pari passu without preference or priority amongst themselves. For these purposes, in Notes on such date equal to the case of the Series 1 Class A First Issuer Notes, following the occurrence of a Trigger Event or enforcement of the First Issuer Security in accordance with the First Issuer Deed of Charge, proportion that the Principal Amount Outstanding will include any amount of interest which would otherwise be payable on a monthly Series 1 Class A Interest Payment Date, which interest will be deferred until the next monthly Series 1 Class A Interest Payment Date and will itself bear interest at relevant Note bears to the rate aggregate Principal Amount Outstanding of interest applicable the relevant class of Notes rounded down to subsequent Interest Periods the nearest cent in respect of the Series 1 Class A First Issuer Dollar Notes until and the next Quarterly Interest Payment Date and, in the case of the Series 2 Class A First Issuer Euro Notes, following and rounded down to the occurrence of a Trigger Event or enforcement of the First Issuer Security in accordance with the First Issuer Deed of Charge, the Principal Amount Outstanding will include any amount of interest which would otherwise be payable on a semi-annual Series 2 Class A Interest Payment Date, which interest will be deferred until the next semi-annual Series 2 Class A Interest Payment Date and will itself bear interest at the rate of interest applicable to subsequent Interest Periods nearest penny in respect of the Series 2 Class A First Issuer Notes until the next Quarterly Interest Payment DateSterling Notes.

Determination of Rates of Interest and Calculation of Interest Amounts. (i) The Agent Bank shall, as soon as practicable after 11.00 a.m. (London time) on, as applicable, each Dollar Interest Determination Date, Euro Interest Determination Date and Sterling Interest Determination Date, determine and notify the First Eighth Issuer, the First Eighth Issuer Cash Manager, the Note Trustee, the Registrar and the Paying Agents (as applicable) of (i) the Rates of Interest applicable to each class of First the Series 1 Eighth Issuer Notes, the Series 2 Eighth Issuer Notes, the Series 3 Eighth Issuer Notes and the Series 4 Eighth Issuer Notes for the relevant Interest Period and (ii) the Dollar amount (in the case of a Series 1 First Eighth Issuer Note, a Series 2 First Eighth Issuer Note and a Series 3 First 4 Class A1 Eighth Issuer Note), the Euro amount (in the case of a Series 3 Eighth Issuer Note, a Series 4 Class A1 First B Eighth Issuer Note and a Series 4 Class C Eighth Issuer Note) and the Sterling amount (in the case of a Series 4 Class A2 First Issuer Note, a Series 4 Class B First Issuer Note and a Series 4 Class C First Eighth Issuer Note) (in each case, the “Interest Amount”INTEREST AMOUNT) payable in respect of each Interest Period in respect of the Principal Amount Outstanding of each such First Series 1 Eighth Issuer Note, Series 2 Eighth Issuer Note, Series 3 Eighth Issuer Note and Series 4 Eighth Issuer Note. (ii) The Interest Amount in respect of each class of First Eighth Issuer Notes shall be determined by first applying the relevant Rate of Interest to the Principal Amount Outstanding of the relevant class of First Eighth Issuer NotesNote, multiplying the sum by the applicable day count fraction described in Condition 4(A) and rounding the resultant figure to the nearest cent $0.01 (in the case of the Series 1 First Eighth Issuer Notes, the Series 2 First Eighth Issuer Notes and the Series 3 First 4 Class A1 Eighth Issuer Notes), the nearest Euro 0.01 (in the case of the Series 3 Eighth Issuer Notes, the Series 4 Class A1 First B Eighth Issuer NotesNote and the Series 4 Class C Eighth Issuer Note) and the nearest xxxxx {pound-sterling}0.01 (in the case of the Series 4 Class A2 First Issuer Notes, the Series 4 Class B First Issuer Note and the Series 4 Class C First A1 Eighth Issuer Note) ), (half a cent$0.01, half a Euro 0.01 and half a xxxxx {pound-sterling}0.01 being rounded upwards), and then apportioning the resulting total between the First Issuer Noteholders of that class of First Issuer Notes, pari passu without preference or priority amongst themselves. For these purposes, in the case of the Series 1 Class A First Eighth Issuer Notes, following the occurrence of a Trigger Event or enforcement Enforcement of the First Eighth Issuer Security in accordance with the First Eighth Issuer Deed of Charge, the Principal Amount Outstanding will include any amount of interest which would otherwise be payable on a monthly Series 1 Class A Interest Payment Date, which interest will be deferred until the next monthly Series 1 Class A Interest Payment Date and will itself bear interest at the rate of interest applicable to subsequent Interest Periods in respect of the Series 1 Class A First Issuer Notes until the next Quarterly Interest Payment Date and, in the case of the Series 2 Class A First Issuer Notes, following the occurrence of a Trigger Event or enforcement of the First Issuer Security in accordance with the First Issuer Deed of Charge, the Principal Amount Outstanding will include any amount of interest which would otherwise be payable on a semi-annual Series 2 Class A Interest Payment Date, which interest will be deferred until the next semi-annual Series 2 Class A Interest Payment Date and will itself bear interest at the rate of interest applicable to subsequent Interest Periods in respect of the Series 2 Class A First Eighth Issuer Notes until the next Quarterly Interest Payment Date.