Common use of ESTABLISHMENT OR REESTABLISHMENT OF GROWTH PRIDES Clause in Contracts

ESTABLISHMENT OR REESTABLISHMENT OF GROWTH PRIDES. A Holder of an Income PRIDES may, at any time on or prior to the fifth Business Day immediately preceding the Purchase Contract Settlement Date, create or recreate a Growth PRIDES and separate the Debt Security or the Applicable Ownership Interest in the appropriate Treasury Portfolio, as applicable, from the related Purchase Contract in respect of such Income PRIDES by substituting a Treasury Security for all, but not less than all, the Debt Securities, or the Applicable Ownership Interest in the appropriate Treasury Portfolio, that form a part of such Income PRIDES in accordance with this Section 3.13; provided, however, that if a successful remarketing of the Debt Securities has occurred on a Remarketing Date or a Tax Event Redemption has occurred, Holders of such Income PRIDES may make such Collateral Substitutions at any time on or prior to the second Business Day immediately preceding the Purchase Contract Settlement Date. Holders may make Collateral Substitutions and establish Growth PRIDES (i) only in integral multiples of 40 Income PRIDES if only Debt Securities are being substituted by Treasury Securities, or (ii) only in integral multiples of 32,000 Income PRIDES (or such other number of Income PRIDES as may be determined by the Reset Agent upon a successful remarketing of Debt Securities if the Reset Date is not an Interest Payment Date) if the Applicable Ownership Interests in the appropriate Treasury Portfolio are being substituted by Treasury Securities. To create 40 Growth PRIDES (if a Tax Event Redemption has not occurred and the Debt Securities remain a component of the Income PRIDES), or 32,000 Growth PRIDES, or such other number of Growth PRIDES as may be determined by the Reset Agent upon a successful remarketing of Debt Securities if the Reset Date is not an Interest Payment Date (if a Tax Event Redemption has occurred or the Remarketing Treasury Portfolio has replaced the Debt Securities as a component of the Income PRIDES as a result of a successful remarketing of such Debt Securities), the Income PRIDES Holder shall

ESTABLISHMENT OR REESTABLISHMENT OF GROWTH PRIDES. A Subject to the last sentence of this paragraph, a Holder of an Income PRIDES may, at any time on or prior to the fifth seventh Business Day immediately preceding the Purchase Contract Settlement Date, create or recreate a Growth PRIDES and separate the Debt Security or the Applicable Ownership Interest in the appropriate Treasury Portfolio, as applicable, from the related Purchase Contract in respect of such Income PRIDES by substituting a Treasury Security for all, but not less than all, the Debt Securities, or the Applicable Ownership Interest in the appropriate Treasury Portfolio, that form a part of such Income PRIDES in accordance with this Section 3.13; provided, however, that if a successful remarketing of the Debt Securities has occurred on a Remarketing Date or a Tax Special Event Redemption has occurred, Holders of such Income PRIDES may make such Collateral Substitutions at any time on or prior to the second Business Day immediately preceding the Purchase Contract Settlement Date. Holders may make Collateral Substitutions and establish Growth PRIDES (i) only in integral multiples of 40 Income PRIDES if only Debt Securities are being substituted by Treasury Securities, or (ii) only in integral multiples of 32,000 _____ Income PRIDES (or such other number of Income PRIDES as may be determined by the Reset Remarketing Agent upon or the Quotation Agent following a successful remarketing of the Debt Securities or a Special Event Redemption, respectively, if the Reset Date or the Special Event Redemption Date, as the case may be, is not an Interest Payment Date) if the Applicable Ownership Interests in the appropriate Treasury Portfolio are being substituted by Treasury Securities. To create (x) 40 Growth PRIDES (if a Tax Special Event Redemption or a successful remarketing of the Debt Securities has not occurred and the Debt Securities remain a component of the Income PRIDES), or 32,000 (y) _____ Growth PRIDES, PRIDES or such other number of Growth PRIDES as may be determined by the Reset Remarketing Agent upon or the Quotation Agent following a successful remarketing of the Debt Securities or a Special Event Redemption, respectively, if the Reset Date or the Special Event Redemption Date, as the case may be, is not an Interest Payment Date (if a Tax Special Event Redemption Date has occurred or the Remarketing Treasury Portfolio has replaced the Debt Securities as a component of the Income PRIDES as a result of a successful remarketing of such Debt Securities), the Income PRIDES Holder shall

ESTABLISHMENT OR REESTABLISHMENT OF GROWTH PRIDES. A Holder of an Income PRIDES may, at any time on or prior to the fifth Business Day immediately preceding the Second Purchase Contract Settlement Date, create or recreate a Growth PRIDES and separate the Debt Security Securities or the appropriate Applicable Ownership Interest in the appropriate Treasury Portfolio, as applicable, from the related Purchase Contract in respect of such Income PRIDES by substituting a 3-Year Treasury Security Securities and 4-Year Treasury Securities for all, but not less than all, of the Debt SecuritiesSeries D Note and the Series E Note, respectively, or the appropriate Applicable Ownership Interest in the appropriate Treasury Portfolio, as the case may be, that form a part of such Income PRIDES in accordance with this Section 3.13; provided, however, that such Collateral Substitutions may not be made during the period from the fifth Business Day immediately preceding the First Purchase Contract Settlement Date through the First Purchase Contract Settlement Date, except that if a successful remarketing of the Debt Securities has occurred on a Remarketing Date or a Tax Event Redemption has occurredoccurred and the Treasury Portfolio has become a component of the Income PRIDES, Holders of such Income PRIDES may make such Collateral Substitutions at any time on or prior to the second Business Day immediately preceding the Second Purchase Contract Settlement Date (but not during the period from the second Business Day immediately preceding the First Purchase Contract Settlement Date through the First Purchase Contract Settlement Date). Holders may make Collateral Substitutions and establish Growth PRIDES (i) only in integral multiples of 40 Income PRIDES if only Debt Securities are being substituted by Treasury Securities, or (ii) only in integral multiples of 32,000 1,600,000 Income PRIDES (or such other number of Income PRIDES as may be determined by the Reset Agent upon a successful remarketing of Debt Securities if the Reset Date is not an Interest Payment Date) if the appropriate Applicable Ownership Interests in the appropriate Treasury Portfolio are being substituted by Treasury Securities. To create 40 Growth PRIDES (if a Tax Event Redemption has not occurred and the Debt Securities remain a component of the Income PRIDESoccurred), or 32,000 Growth PRIDES, or such other number of 1,600,000 Growth PRIDES as may be determined by the Reset Agent upon a successful remarketing of Debt Securities if the Reset Date is not an Interest Payment Date (if a Tax Event Redemption has occurred or the Remarketing Treasury Portfolio has replaced the Debt Securities as a component of the Income PRIDES as a result of a successful remarketing of such Debt Securitiesoccurred), the Income PRIDES Holder shall

ESTABLISHMENT OR REESTABLISHMENT OF GROWTH PRIDES. A Holder of an Income PRIDES may, at any time on or prior to the fifth Business Day immediately preceding the Second Purchase Contract Settlement Date, create or recreate a Growth PRIDES and separate the Debt Security Securities or the appropriate Applicable Ownership Interest in the appropriate Treasury Portfolio, as applicable, from the related Purchase Contract in respect of such Income PRIDES by substituting a 3-Year Treasury Security Securities and 4- Year Treasury Securities for all, but not less than all, of the Debt SecuritiesSeries D Note and the Series E Note, respectively, or the appropriate Applicable Ownership Interest in the appropriate Treasury Portfolio, as the case may be, that form a part of such Income PRIDES in accordance with this Section 3.13; provided, however, that such Collateral Substitutions may not be made during the period from the fifth Business Day immediately preceding the First Purchase Contract Settlement Date through the First Purchase Contract Settlement Date, except that if a successful remarketing of the Debt Securities has occurred on a Remarketing Date or a Tax Event Redemption has occurredoccurred and the Treasury Portfolio has become a component of the Income PRIDES, Holders of such Income PRIDES may make such Collateral Substitutions at any time on or prior to the second Business Day immediately preceding the Second Purchase Contract Settlement Date (but not during the period from the second Business Day immediately preceding the First Purchase Contract Settlement Date through the First Purchase Contract Settlement Date). Holders may make Collateral Substitutions and establish Growth PRIDES (i) only in integral multiples of 40 Income PRIDES if only Debt Securities are being substituted by Treasury Securities, or (ii) only in integral multiples of 32,000 1,600,000 Income PRIDES (or such other number of Income PRIDES as may be determined by the Reset Agent upon a successful remarketing of Debt Securities if the Reset Date is not an Interest Payment Date) if the appropriate Applicable Ownership Interests in the appropriate Treasury Portfolio are being substituted by Treasury Securities. To create 40 Growth PRIDES (if a Tax Event Redemption has not occurred and the Debt Securities remain a component of the Income PRIDESoccurred), or 32,000 Growth PRIDES, or such other number of 1,600,000 Growth PRIDES as may be determined by the Reset Agent upon a successful remarketing of Debt Securities if the Reset Date is not an Interest Payment Date (if a Tax Event Redemption has occurred or the Remarketing Treasury Portfolio has replaced the Debt Securities as a component of the Income PRIDES as a result of a successful remarketing of such Debt Securitiesoccurred), the Income PRIDES Holder shall