Common use of Procedure for Rate Setting and Posting Clause in Contracts

Procedure for Rate Setting and Posting. The Company and the Agents will discuss from time to time the aggregate principal amount of, the issuance price of, and the interest rates to be borne by, Book-Entry Notes that may be sold as a result of the solicitation of orders by the Agents. If the Company decides to set prices of, and rates borne by, any Book-Entry Notes in respect of which the Agents are to solicit orders (the setting of such prices and rates to be referred to herein as "posting") or if the Company decides to change prices or rates previously posted by it, it will promptly advise the Agents of the prices and rates to be posted. Acceptance and Rejection of Offers: Unless otherwise instructed by the Company, each Agent will advise the Company promptly by telephone of all offers to purchase Book-Entry Notes received by such Agent, other than those rejected by it in whole or in part in the reasonable exercise of its discretion. Unless otherwise agreed by the Company and each of the Agents, the Company has the sole right to accept offers to purchase Book-Entry Notes and may reject any such offer in whole or in part.

Procedure for Rate Setting and Posting. The Company and the Agents will discuss from time to time the aggregate principal amount of, the issuance price of, and the interest rates to be borne by, Book-Entry Notes that may be sold as a result of the solicitation of orders by the Agents. If the Company decides to set prices of, and rates borne by, any Book-Entry Notes in respect of which the Agents are to solicit orders (the setting of such prices and rates to be referred to herein as "posting") or if the Company decides to change prices or rates previously posted by it, it will promptly advise the Agents of the prices and rates to be posted. Acceptance and Rejection of Offers: Unless otherwise instructed by the Company, each Agent will advise the Company promptly by telephone of all offers to purchase Book-Entry Notes received by such Agent, other than those rejected by it in whole or in part in the reasonable exercise of its discretion. Unless otherwise agreed to by the Company and each of the Agents, the Company has the sole right to accept offers to purchase Book-Entry Notes and may reject any such offer in whole or in part.

Procedure for Rate Setting and Posting. The Company and the Agents Agent will discuss from time to time the aggregate principal amount of, the issuance price of, of and the interest rates to be borne by, by Book-Entry Notes that may be sold as a result of the solicitation of orders by the AgentsAgent. If the Company decides to set prices of, and rates borne by, any Book-Entry Notes in respect of which the Agents are Agent is to solicit orders (the setting of such prices and rates to be referred to herein as "“posting"”) or if the Company decides to change prices or rates previously posted by it, it will promptly advise the Agents Agent of the prices and rates to be posted. Acceptance and Rejection of Offers: Unless otherwise instructed by the Company, each the Agent will advise the Company promptly by telephone of all offers orders to purchase Book-Entry Notes received by such the Agent, other than those rejected by it in whole or in part in the reasonable exercise of its discretion. Unless otherwise agreed by the Company and each of the AgentsAgent, the Company has the sole right to accept offers orders to purchase Book-Entry Notes and may reject any such offer orders in whole or in part.

Procedure for Rate Setting and Posting. The Company and the Agents Agent will discuss from time to time the aggregate principal amount of, the issuance price of, and the interest rates to be borne by, Book-Entry Notes that may be sold as a result of the solicitation of orders by the AgentsAgent. If the Company decides to set prices of, and rates borne by, any Book-Entry Notes in respect of which the Agents are Agent is to solicit orders (the setting of such prices and rates to be referred to herein as "posting") or if the Company decides to change prices or rates previously posted by it, it will promptly advise the Agents Agent of the prices and rates to be posted. Acceptance and Rejection of OffersOrders: Unless otherwise instructed by the Company, each the Agent will advise the Company promptly by telephone of all offers orders to purchase Book-Entry Notes received by such the Agent, other than those rejected by it in whole or in part in the reasonable exercise of its discretion. Unless otherwise agreed by the Company and each of the AgentsAgent, the Company has the sole right to accept offers orders to purchase Book-Entry Notes and may reject any such offer orders in whole or in part.