Common use of Interest on the Fixed Rate Notes Clause in Contracts

Interest on the Fixed Rate Notes. (a) The rate of interest on each 2-Year Fixed Rate Note shall be 3.200% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, and interest on each 2-Year Fixed Rate Note shall be payable semi-annually in arrears on March 17 and September 17 of each year, commencing on March 17, 2019, and on the Maturity of such series. (b) The rate of interest on each 3-Year Fixed Rate Note shall be 3.400% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, and interest on each 3-Year Fixed Rate Note shall be payable semi-annually in arrears on March 17 and September 17 of each year, commencing on March 17, 2019, and on the Maturity of such series. (c) The rate of interest on each 5-Year Fixed Rate Note shall be 3.750% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, and interest on each 5-Year Fixed Rate Note shall be payable semi-annually in arrears on January 15 and July 15 of each year, commencing on January 15, 2019, and on the Maturity of such series. (d) The rate of interest on each 7-Year Fixed Rate Note shall be 4.125% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, and interest on each 7-Year Fixed Rate Note shall be payable semi-annually in arrears on May 15 and November 15 of each year, commencing on May 15, 2019, and on the Maturity of such series. (e) The rate of interest on each 10-Year Fixed Rate Note shall be 4.375% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, and interest on each 10-Year Fixed Rate Note shall be payable semi-annually in arrears on April 15 and October 15 of each year, commencing on April 15, 2019, and on the Maturity of such series. (f) The rate of interest on each 20-Year Fixed Rate Note shall be 4.800% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, and interest on each 20-Year Fixed Rate Note shall be payable semi-annually in arrears on February 15 and August 15 of each year, commencing on February 15, 2019, and on the Maturity of such series. (g) The rate of interest on each 30-Year Fixed Rate Note shall be 4.900% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, and interest on each 30-Year Fixed Rate Note shall be payable semi-annually in arrears on June 15 and December 15 of each year, commencing on June 15, 2019, and on the Maturity of such series. (h) The amount of interest payable on the Fixed Rate Notes on any Interest Payment Date shall be computed on the basis of a 360-day year consisting of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall be computed on the basis of the actual number of calendar days elapsed in such a period. (i) If the date on which a payment of interest or principal on the Fixed Rate Notes is scheduled to be paid is not a Business Day, then that interest or principal payable on such date will be paid on the next succeeding Business Day, and no further interest will accrue as a result of such delay. (j) The interest payable in respect of any Fixed Rate Notes, and punctually paid or duly provided for, on any Interest Payment Date in respect of such Fixed Rate Notes will be paid to the Person in whose name such Fixed Rate Note (or one or more Predecessor Securities) is registered at the close of business on the date that is fifteen (15) calendar days prior to the date on which interest is scheduled to be paid, regardless of whether such date is a Business Day (the "Regular Record Date"), provided that if any of the Fixed Rate Notes are held by a securities depositary in book-entry form, the Regular Record Date for such Fixed Rate Notes will be the close of business on the Business Day immediately preceding the date on which interest is scheduled to be paid; provided, further, that interest payable at the relevant Maturity will be payable to the Persons to whom the principal of such Fixed Rate Notes is payable.

Interest on the Fixed Rate Notes. (a) The rate of interest on each 23-Year Fixed Rate Note shall will be 3.2001.923% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, to, but excluding, the applicable Interest Payment Date, and interest on each 23-Year Fixed Rate Note shall will be payable semi-annually in arrears on March 17 February 15 and September 17 August 15 of each year, commencing beginning on March 17August 15, 20192020, and on the Maturity of such series. (b) The rate of interest on each 35-Year Fixed Rate Note shall will be 3.4002.242% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, to, but excluding, the applicable Interest Payment Date, and interest on each 35-Year Fixed Rate Note shall will be payable semi-annually in arrears on March 17 February 15 and September 17 August 15 of each year, commencing beginning on March 17August 15, 20192020, and on the Maturity of such series. (c) The rate of interest on each 57-Year Fixed Rate Note shall will be 3.7502.493% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, to, but excluding, the applicable Interest Payment Date, and interest on each 57-Year Fixed Rate Note shall will be payable semi-annually in arrears on January February 15 and July August 15 of each year, commencing beginning on January August 15, 20192020, and on the Maturity of such series. (d) The rate of interest on each 710-Year Fixed Rate Note shall will be 4.1252.722% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, to, but excluding, the applicable Interest Payment Date, and interest on each 710-Year Fixed Rate Note shall will be payable semi-annually in arrears on May February 15 and November August 15 of each year, commencing beginning on May August 15, 20192020, and on the Maturity of such series. (e) The rate of interest on each 1020-Year Fixed Rate Note shall will be 4.3753.377% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, to, but excluding, the applicable Interest Payment Date, and interest on each 1020-Year Fixed Rate Note shall will be payable semi-annually in arrears on April 15 5 and October 15 5 of each year, commencing beginning on April 15October 5, 20192020, and on the Maturity of such series. (f) The rate of interest on each 2030-Year Fixed Rate Note shall will be 4.8003.577% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, to, but excluding, the applicable Interest Payment Date, and interest on each 2030-Year Fixed Rate Note shall will be payable semi-annually in arrears on February 15 April 5 and August 15 October 5 of each year, commencing beginning on February 15October 5, 20192020, and on the Maturity of such series. (g) The rate of interest on each 30-Year Fixed Rate Note shall be 4.900% per annum, accruing from the date of original issuance or from the most recent date Interest with respect to which interest has been paid or duly provided for, and interest on each 30-Year Fixed Rate Note shall be payable semi-annually in arrears on June 15 and December 15 of each year, commencing on June 15, 2019, and on the Maturity of such series. (h) The amount of interest payable on the Fixed Rate Notes on any Interest Payment Date shall be computed will accrue on the basis of a 360-day year consisting of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall will be computed on the basis of the actual number of calendar days elapsed in such a period. (ih) If the date on which a payment of interest or principal on the Fixed Rate Notes is scheduled to be paid is not a Business Day, then that the interest or principal payable on such that date will be paid on the next succeeding Business Day, and no further interest will accrue as a result of such delay. (ji) The interest Interest will be payable to the Persons in respect of any Fixed Rate Notes, and punctually paid or duly provided for, on any Interest Payment Date in respect of whose names such Fixed Rate Notes will be paid to the Person in whose name such Fixed Rate Note (or one or more Predecessor Securities) is are registered at the close of business on the date that is fifteen (15) calendar days prior to the date on which interest is scheduled to be paid, regardless of whether such date is a Business Day (the "Regular relevant Record Date"), provided that if any of the Fixed Rate Notes are held by a securities depositary in book-entry form, the Regular Record Date for such Fixed Rate Notes will be the close of business on the Business Day immediately preceding the date on which interest is scheduled to be paid; provided, further, that interest payable at the relevant Maturity will be payable to the Persons to whom the principal of such the Fixed Rate Notes is payable.

Interest on the Fixed Rate Notes. (a) The rate of interest on each 25-Year Fixed Rate Note shall will be 3.2002.056% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, to, but excluding, the applicable Interest Payment Date, and interest on each 25-Year Fixed Rate Note shall will be payable semi-annually in arrears on March 17 April 5 and September 17 October 5 of each year, commencing beginning on March 17October 5, 20192020, and on the Maturity of such series. (b) The rate of interest on each 37-Year Fixed Rate Note shall will be 3.4002.293% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, to, but excluding, the applicable Interest Payment Date, and interest on each 37-Year Fixed Rate Note shall will be payable semi-annually in arrears on March 17 April 5 and September 17 October 5 of each year, commencing beginning on March 17October 5, 20192020, and on the Maturity of such series. (c) The rate of interest on each 510-Year Fixed Rate Note shall will be 3.7502.565% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, to, but excluding, the applicable Interest Payment Date, and interest on each 510-Year Fixed Rate Note shall will be payable semi-annually in arrears on January February 15 and July August 15 of each year, commencing beginning on January August 15, 20192020, and on the Maturity of such series. (d) The rate of interest on each 720-Year Fixed Rate Note shall will be 4.1253.112% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, to, but excluding, the applicable Interest Payment Date, and interest on each 720-Year Fixed Rate Note shall will be payable semi-annually in arrears on May February 15 and November August 15 of each year, commencing beginning on May August 15, 20192020, and on the Maturity of such series. (e) The rate of interest on each 1030-Year Fixed Rate Note shall will be 4.3753.362% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, to, but excluding, the applicable Interest Payment Date, and interest on each 1030-Year Fixed Rate Note shall be payable semi-annually in arrears on April 15 and October 15 of each year, commencing on April 15, 2019, and on the Maturity of such series. (f) The rate of interest on each 20-Year Fixed Rate Note shall be 4.800% per annum, accruing from the date of original issuance or from the most recent date to which interest has been paid or duly provided for, and interest on each 20-Year Fixed Rate Note shall will be payable semi-annually in arrears on February 15 and August 15 of each year, commencing beginning on February August 15, 20192020, and on the Maturity of such series. (gf) The rate of interest on each 30-Year Fixed Rate Note shall be 4.900% per annum, accruing from the date of original issuance or from the most recent date Interest with respect to which interest has been paid or duly provided for, and interest on each 30-Year Fixed Rate Note shall be payable semi-annually in arrears on June 15 and December 15 of each year, commencing on June 15, 2019, and on the Maturity of such series. (h) The amount of interest payable on the Fixed Rate Notes on any Interest Payment Date shall be computed will accrue on the basis of a 360-day year consisting of twelve 30-day months. The amount of interest payable for any period shorter than a full monthly period shall will be computed on the basis of the actual number of calendar days elapsed in such a period. (ig) If the date on which a payment of interest or principal on the Fixed Rate Notes is scheduled to be paid is not a Business Day, then that the interest or principal payable on such that date will be paid on the next succeeding Business Day, and no further interest will accrue as a result of such delay. (jh) The interest Interest will be payable to the Persons in respect of any Fixed Rate Notes, and punctually paid or duly provided for, on any Interest Payment Date in respect of whose names such Fixed Rate Notes will be paid to the Person in whose name such Fixed Rate Note (or one or more Predecessor Securities) is are registered at the close of business on the date that is fifteen (15) calendar days prior to the date on which interest is scheduled to be paid, regardless of whether such date is a Business Day (the "Regular relevant Record Date"), provided that if any of the Fixed Rate Notes are held by a securities depositary in book-entry form, the Regular Record Date for such Fixed Rate Notes will be the close of business on the Business Day immediately preceding the date on which interest is scheduled to be paid; provided, further, that interest payable at the relevant Maturity will be payable to the Persons to whom the principal of such the Fixed Rate Notes is payable.