Common use of the SPURS Interest Rate Clause in Contracts

the SPURS Interest Rate. Subject to the SPURS Agent's election to remarket this Note, the SPURS Interest Rate shall be determined by the SPURS Agent by 3:30 p.m., New York City time, on the third Business Day immediately preceding the SPURS Remarketing Date (the "Determination Date") to the nearest one hundred-thousandth (0.00001) of one percent per annum, and shall be equal to the Base Rate established by the SPURS Agent, after consultation with the Company, at or prior to the commencement of the SPURS Mode (the "Base Rate") plus the Applicable Spread, which shall be based on the Dollar Price of this Note as of the SPURS Remarketing Date.

the SPURS Interest Rate. Subject to the SPURS Agent's election to remarket this Notethe Notes as provided in subsection (a) above, the SPURS Interest Rate shall be determined by the SPURS Agent by 3:30 p.m., New York City time, on the third Business Day immediately preceding the SPURS Remarketing Date (the "Determination Date") to the nearest one hundred-thousandth (0.00001) of one percent per annum, annum and shall will be equal to the Base Rate established by the SPURS Agent, after consultation with the Company, at or prior to the commencement of the SPURS Mode (the "Base Rate") ), plus the Applicable Spread, which shall will be based on the Dollar Price of this Note as of the SPURS Remarketing Date.Notes. (2)