Common use of Interest Reset Dates Clause in Contracts

Interest Reset Dates. The period between Interest Reset Dates will be the “Interest Reset Period.” Unless otherwise specified on the face hereof, the Interest Reset Dates will be, in the case of this Floating Rate Note if by its terms it resets: (1) daily—each business day; (2) weekly—the Wednesday of each week, with the exception of any weekly reset Floating Rate Note as to which the Treasury Rate is an applicable Interest Rate Basis, which will reset the Tuesday of each week; (3) monthly—the fifteenth day of each calendar month; (4) quarterly—the fifteenth day of March, June, September and December of each year; (5) semi-annually—the fifteenth day of the two months of each year specified on the face hereof; and (6) annually—the fifteenth day of the month of each year specified on the face hereof; provided, however, that, with respect to a Floating Rate/Fixed Rate Note, the rate of interest thereon will not reset after the particular Fixed Rate Commencement Date. If any Interest Reset Date for this Floating Rate Note would otherwise be a day that is not a Business Day, the particular Interest Reset Date will be postponed to the next succeeding Business Day, except that in the case of a Floating Rate Note as to which LIBOR is an applicable Interest Rate Basis and that Business Day falls in the next succeeding calendar month, the particular Interest Reset Date will be the immediately preceding Business Day.

Interest Reset Dates. The period between Interest Reset Dates will be the “Interest Reset Period.” Unless otherwise specified on the face hereof, the Interest Reset Dates will be, in the case of this Floating Rate Note if by its terms it resets: (1) daily—each business day; (2) weekly—the Wednesday of each week, with the exception of any weekly reset Floating Rate Note as to which the Treasury Rate is an applicable Interest Rate Basis, which will reset the Tuesday of each week; (3) monthly—the fifteenth day of each calendar month; (4) quarterly—the fifteenth day of March, June, September and December of each year; (5) semi-annually—the fifteenth day of the two months of each year specified on the face hereof; and (6) annually—the fifteenth day of the month of each year specified on the face hereof; provided, however, that, with respect to a Floating Rate/Fixed Rate Note, the rate of interest thereon will not reset after the particular Fixed Rate Commencement Date. If any Interest Reset Date for this Floating Rate Note would otherwise be a day that is not a Business Day, the particular Interest Reset Date will be postponed to the next succeeding Business Day, except that in the case of a Floating Rate Note as to which LIBOR is an applicable Interest Rate Basis and that Business Day falls in the next succeeding calendar month, the particular Interest Reset Date will be the immediately preceding Business Day.

Interest Reset Dates. The period between Interest Reset Dates will be the “Interest Reset Period.” Unless otherwise specified on the face hereof, the Interest Reset Dates will be, in the case of this Floating Rate Note if by its terms it resets: (1) daily—each business day; (2) weekly—the Wednesday of each week, with the exception of any weekly reset Floating Rate Note as to which the Treasury Rate is an applicable Interest Rate Basis, which will reset the Tuesday of each week; (3) monthly—the fifteenth day of each calendar month, with the exception of any monthly reset Floating Rate Note as to which the Eleventh District Cost of Funds Rate is an applicable Interest Rate Basis, which will reset on the first calendar day of the month; (4) quarterly—the fifteenth day of March, June, September and December of each year; (5) semi-annually—the fifteenth day of the two months of each year specified on the face hereof; and (6) annually—the fifteenth day of the month of each year specified on the face hereof; provided, however, that, with respect to a Floating Rate/Fixed Rate Note, the rate of interest thereon will not reset after the particular Fixed Rate Commencement Date. If any Interest Reset Date for this Floating Rate Note would otherwise be a day that is not a Business Day, the particular Interest Reset Date will be postponed to the next succeeding Business Day, except that in the case of a Floating Rate Note as to which LIBOR is an applicable Interest Rate Basis and that Business Day falls in the next succeeding calendar month, the particular Interest Reset Date will be the immediately preceding Business Day.

Interest Reset Dates. The period between Interest Reset Dates will be the “Interest Reset Period.” Unless otherwise specified on the face hereof, the Interest Reset Dates will be, in the case of this Floating Rate Note if by its terms it resets: (1) daily—each business day; (2) weekly—the Wednesday of each week, with the exception of any weekly reset Floating Rate Note as to which the Treasury Rate is an applicable Interest Rate Basis, which will reset the Tuesday of each week; (3) monthly—the fifteenth day of each calendar month, with the exception of any monthly reset Floating Rate Note as to which the Eleventh District Cost of Funds Rate is an applicable Interest Rate Basis, which will reset on the first calendar day of the month; (4) quarterly—the fifteenth day of March, June, September and December of each year; (5) semi-annually—the fifteenth day of the two months of each year specified on the face hereof; and (6) annually—the fifteenth day of the month of each year specified on the face hereof; provided, however, that, with respect to a Floating Rate/Fixed Rate Note, the rate of interest thereon will not reset after the particular Fixed Rate Commencement Date. If any Interest Reset Date for this Floating Rate Note would otherwise be a day that is not a Business Day, the particular Interest Reset Date will be postponed to the next succeeding Business Day, except that in the case of a Floating Rate Note as to which LIBOR is an applicable Interest Rate Basis and that Business Day falls in the next succeeding calendar month, the particular Interest Reset Date will be the immediately preceding Business Day.

Interest Reset Dates. The period between interest rate on the Notes will be reset on the dates provided in the Specific Terms (the “Interest Reset Dates Dates”), and the period from and including the most recent Interest Reset Date, to but excluding the next subsequent Interest Reset Dates, will be the “Interest Reset Period.” Unless otherwise specified on designated in the face hereofSpecific Terms, the Interest Reset Dates will be, be as follows (subject to the following paragraph): (1) in the case of this Floating Rate Note if by its terms it resets: (1) Notes that reset daily—, each business day; Business Day; (2) in the case of Notes that reset weekly—, the Wednesday of each week; however, with if the exception of any weekly reset Floating applicable Interest Rate Note as to which Basis is the Treasury Rate is an applicable Interest (except as otherwise provided with regard to the Treasury Rate Basis, which will reset in § 3(C)(5) below) the Tuesday of each week; ; (3) in the case of Notes that reset monthly—, the fifteenth third Wednesday of each month; however, if the Interest Rate Basis is the Eleventh District Cost of Funds Rate, the first calendar day of each calendar month; ; (4) in the case of Notes that reset quarterly—, the fifteenth day third Wednesday of each March, June, September and December of each year; December; (5) in the case of Notes that reset semi-annually—, the fifteenth day third Wednesday of each of the two months of in each year specified on in the face hereofSpecific Terms; and and (6) in the case of Notes that reset annually—, the fifteenth day third Wednesday of the month of in each year specified on in the face hereofSpecific Terms; provided, however, that, with respect to a that for Floating Rate/Fixed Rate NoteNotes, the interest rate of interest thereon will not reset after the particular designated Fixed Rate Commencement Date. If any Interest Reset Date for this Floating Rate Note would otherwise be a day that is not a Business Day, the particular such Interest Reset Date will shall be postponed to the next succeeding day that is a Business Day (and the interest rate in effect immediately prior to the postponed Interest Reset Date will remain in effect to but excluding such Business Day), except that that, unless otherwise designated in the case of a Floating Rate Note as to which LIBOR is an applicable Specific Terms, if the Interest Rate Basis is LIBOR and that such next succeeding Business Day falls in the next succeeding calendar month, the particular such Interest Reset Date will shall be the immediately preceding Business Day.

Interest Reset Dates. The period between Interest Reset Dates will be the “Interest Reset Period.” Unless otherwise specified on the face hereof, the Interest Reset Dates will be, in the case of this Floating Rate Note if by its terms it resets: (1) daily—— each business day; (2) weekly—the Wednesday of each week, with the exception of any weekly reset Floating Rate Note as to which the Treasury Rate is an applicable Interest Rate Basis, which will reset the Tuesday of each week; (3) monthly—the fifteenth day of each calendar month, with the exception of any monthly reset Floating Rate Note as to which the Eleventh District Cost of Funds Rate is an applicable Interest Rate Basis, which will reset on the first calendar day of the month; (4) quarterly—the fifteenth day of March, June, September and December of each year; (5) semi-annually—the fifteenth day of the two months of each year specified on the face hereof; and (6) annually—the fifteenth day of the month of each year specified on the face hereof; provided, however, that, with respect to a Floating Rate/Fixed Rate Note, the rate of interest thereon will not reset after the particular Fixed Rate Commencement Date. If any Interest Reset Date for this Floating Rate Note would otherwise be a day that is not a Business Day, the particular Interest Reset Date will be postponed to the next succeeding Business Day, except that in the case of a Floating Rate Note as to which LIBOR is an applicable Interest Rate Basis and that Business Day falls in the next succeeding calendar month, the particular Interest Reset Date will be the immediately preceding Business Day.

Interest Reset Dates. The period between interest rate on the Notes will be reset on the dates provided in the Specific Terms (the “Interest Reset Dates Dates”), and the period from and including the most recent Interest Reset Date, to but excluding the next subsequent Interest Reset Dates, will be the “Interest Reset Period.” Unless otherwise specified on designated in the face hereofSpecific Terms, the Interest Reset Dates will be, be as follows (subject to the following paragraph): (1) in the case of this Floating Rate Note if by its terms it resets: (1) Notes that reset daily—, each business day; Business Day; (2) in the case of Notes that reset weekly—, the Wednesday of each week; however, with if the exception of any weekly reset Floating applicable Interest Rate Note as to which Basis is the Treasury Rate is an applicable Interest (except as otherwise provided with regard to the Treasury Rate Basis, which will reset in § 3(C)(4) below) the Tuesday of each week; ; (3) in the case of Notes that reset monthly—, the fifteenth day third Wednesday of each calendar month; ; (4) in the case of Notes that reset quarterly—, the fifteenth day third Wednesday of each March, June, September and December of each year; December; (5) in the case of Notes that reset semi-annually—, the fifteenth day third Wednesday of each of the two months of in each year specified on in the face hereofSpecific Terms; and and (6) in the case of Notes that reset annually—, the fifteenth day third Wednesday of the month of in each year specified on in the face hereofSpecific Terms; provided, however, that, with respect to a that for Floating Rate/Fixed Rate NoteNotes, the interest rate of interest thereon will not reset after the particular designated Fixed Rate Commencement Date. If any Interest Reset Date for this Floating Rate Note would otherwise be a day that is not a Business Day, the particular such Interest Reset Date will shall be postponed to the next succeeding day that is a Business Day (and the interest rate in effect immediately prior to the postponed Interest Reset Date will remain in effect to but excluding such Business Day), except that that, unless otherwise designated in the case of a Floating Rate Note as to which LIBOR is an applicable Specific Terms, if the Interest Rate Basis is LIBOR and that such next succeeding Business Day falls in the next succeeding calendar month, the particular such Interest Reset Date will shall be the immediately preceding Business Day.