Common use of Information Concerning Rates Clause in Contracts

Information Concerning Rates. (a) The Applicable Percentage on the date of the Agreement is that rate as determined by the Trust and provided to the Auction Agent on the date even herewith. If there is any change in the credit rating of APS by the rating agency (or substitute or successor rating agencies) referred to in the definition of “Applicable Percentage” resulting in any change in the Applicable Percentage for APS after the date given herewith, the Trust shall notify the Auction Agent in writing of such change in the Applicable Rate prior to 12:00 Noon on the Business Day prior to the next Auction Date for the APS succeeding such change. In determining the Maximum Rate for the APS on any Auction Date as set forth in 2.6(a)(i) hereof, the Auction Agent shall be entitled to rely on the last Applicable Percentage for APS of which it has most recently received notice from the Trust (or, in the absence of such notice, the percentage determined by reference to the definition of Applicable Percentage).

Information Concerning Rates. (a) The Applicable Percentage on the date of the Agreement is that rate as determined by the Trust and provided to the Auction Agent on the date even herewith. If there is any change in the credit rating of APS AMPS by the rating agency (or substitute or successor rating agencies) referred to in the definition of “"Applicable Percentage” " resulting in any change in the Applicable Percentage for APS AMPS after the date given herewith, the Trust shall notify the Auction Agent in writing of such change in the Applicable Rate Multiple prior to 12:00 Noon noon on the Business Day prior to the next Auction Date for the APS any series of AMPS succeeding such change. In determining the Maximum Rate for the APS any series of AMPS on any Auction Date as set forth in 2.6(a)(i) hereof, the Auction Agent shall be entitled to rely on the last Applicable Percentage for APS AMPS of which it has most recently received notice from the Trust (or, in the absence of such notice, the percentage determined by reference to the definition of Applicable Percentage).

Information Concerning Rates. (a) The Applicable Percentage on the date of the Agreement is that rate as determined by the Trust and provided to the Auction Agent on the date even herewith. If there is any change in the credit rating of APS by the rating agency (or substitute or successor rating agencies) referred to in the definition of “"Applicable Percentage” " resulting in any change in the Applicable Percentage for APS after the date given herewith, the Trust shall notify the Auction Agent in writing of such change in the Applicable Rate prior to 12:00 Noon on the Business Day prior to the next Auction Date for the APS succeeding such change. In determining the Maximum Rate for the APS on any Auction Date as set forth in 2.6(a)(i) hereof, the Auction Agent shall be entitled to rely on the last Applicable Percentage for APS of which it has most recently received notice from the Trust (or, in the absence of such notice, the percentage determined by reference to the definition of Applicable Percentage).

Information Concerning Rates. (a) The Applicable Percentage on the date of the Agreement is that rate as determined by the Trust and provided to the Auction Agent on the date even herewith. If there is any change in the credit rating of APS by the rating agency (or substitute or successor rating agencies) referred to in the definition of “"Applicable Percentage” " resulting in any change in the Applicable Percentage for APS after the date given herewith, the Trust shall notify the Auction Agent in writing of such change in the Applicable Rate prior to 12:00 Noon on the Business Day prior to the next Auction Date for the any series of APS succeeding such change. In determining the Maximum Rate for the any series of APS on any Auction Date as set forth in 2.6(a)(i) hereof, the Auction Agent shall be entitled to rely on the last Applicable Percentage for APS of which it has most recently received notice from the Trust (or, in the absence of such notice, the percentage determined by reference to the definition of Applicable Percentage).