Common use of Initial Principal Amount; Bond Interest Rate; Scheduled Final Payment Date; Final Maturity Date; Required Capital Amount Clause in Contracts

Initial Principal Amount; Bond Interest Rate; Scheduled Final Payment Date; Final Maturity Date; Required Capital Amount. The Series 2022-A Storm Recovery Bonds of each tranche shall have the initial principal amount, bear interest at the rates per annum (the “Bond Interest Rate”) and shall have the Scheduled Final Payment Dates and the Final Maturity Dates set forth below: Weighted Average Life Initial Principal Amount Bond Interest Rate Scheduled Final Payment Date Final Maturity Date {__} ${__________} {____}% {_____}, 20{__} {_____}, 20{__} {__} ${__________} {____}% {_____}, 20{__} {_____}, 20{__} The Bond Interest Rate shall be computed by the Issuer on the basis of a 360-day year of twelve 30-day months. The Required Capital Amount for the Series 2022-A Storm Recovery Bonds shall be equal to 0.50% of the initial principal amount thereof.