Inverse Floating Rate Note definition

Inverse Floating Rate Note means a Note in respect of which the amount of interest payable is calculated by reference to Condition 5(c).

Inverse Floating Rate Note. [ ] Yes (see attached) [ ] No

Inverse Floating Rate Note. Fixed Interest Rate: % per annum PROVISIONS REGARDING REDEMPTION/REPAYMENT 36. Initial Redemption Date: 37. Initial Redemption Percentage: 38. Annual Redemption Percentage Reduction: 39. Holder's Optional Repayment Date(s): DISCOUNT NOTES (INCLUDING ZERO COUPON NOTES) 40. Discount Note (Yes/No): If Yes: Total Amount of OID: Yield to Maturity: Initial Accrual Period: %

Examples of Inverse Floating Rate Note in a sentence

• Commencing on the first Interest Reset Date, the rate at which interest on this Inverse Floating Rate Note is payable will be reset as of each Interest Reset Date; provided, however, that the interest rate in effect for the period, if any, from the Original Issue Date to the first Interest Reset Date will be the Initial Interest Rate.

• If this Note is specified on the face hereof as an “Inverse Floating Rate Note”, this Note will bear interest at the Fixed Interest Rate minus the rate determined by reference to the applicable Interest Rate Basis or Interest Rate Bases: (1) plus or minus the applicable Spread, if any; and/or (2) multiplied by the applicable Spread Multiplier, if any; provided, however, that interest on this Inverse Floating Rate Note will not be less than zero.

• Unless this Note is specified on the face hereof as a Floating Rate/Fixed Rate Note or an Inverse Floating Rate Note, this Note (a “Regular Floating Rate Note”) will bear interest at the rate determined by reference to the applicable Interest Rate Basis or Interest Rate Bases: (1) plus or minus the applicable Spread, if any; and/or (2) multiplied by the applicable Spread Multiplier, if any.

• Unless this Note is specified on the face hereof as a Floating Rate/Fixed Rate Note, a Fixed Rate/Floating Rate Note or an Inverse Floating Rate Note, this Note (a “Floating Rate Note”) will bear interest at the rate determined by reference to the applicable Interest Rate Basis or Interest Rate Bases: (1) plus or minus the applicable Spread, if any; and/or (2) multiplied by the applicable Spread Multiplier, if any; provided, however, that interest on this Note will not be less than zero.

• A Floating Rate Note may be a CD Rate Note, Commercial Paper Rate Note, Federal Funds Rate Note, LIBOR Note, Treasury Rate Note, Constant Maturity Treasury Rate Note, a Prime Rate Note, an Inverse Floating Rate Note or a Floating Rate/Fixed Rate Note.

More Definitions of Inverse Floating Rate Note

Inverse Floating Rate Note shall have the meaning ascribed to such term in Section 105 of this Fourth Supplemental Indenture.

Inverse Floating Rate Note. [ ] Yes [X] No. If, Yes, Fixed Interest Rate: Floating Interest Rate: Interest Rate Basis(es): Initial Interest Rate*, if any: Initial Interest Reset Date: Interest Rate Basis(es). Check all that apply: [ ] CD Rate [ ] Commercial Paper Rate [ ] CMT Rate [ ] Eleventh District Cost of Funds Rate [ ] Constant Maturity Swap Rate [ ] Federal Fund Open Rate [X] LIBOR [ ] Federal Funds Rate [ ] EURIBOR [ ] Treasury Rate [ ] Prime Rate If LIBOR: [ ] LIBOR Reuters Page [X] LIBOR Moneyline Telerate Page LIBOR Currency: If CMT Rate: Designated CMT Telerate Page: If 7052: [ ] Weekly Average [ ] Monthly Average Designated CMT Maturity Index: Index Maturity: Three months Spread (+/-): +0.06% Spread Multiplier: Not applicable Interest Reset Date(s): Each Interest Payment Date Interest Rate Determination Date(s): The second London banking day proceeding the related Interest Reset Date Maximum Interest Rate, if any: Not applicable Minimum Interest Rate, if any; Not applicable * From the Original Issue Date to the Initial Interest Payment Date, the Initial Interest Rate shall be deemed to be: [ ] CD Rate [ ] Commercial Paper Rate [ ] CMT Rate [ ] Eleventh District Cost of Funds Rate [ ] Constant Maturity Swap Rate [ ] Federal Funds Open Rate [X]LIBOR [ ] Federal Funds Rate [ ] EURIBOR [ ] Treasury Rate [ ] Prime Rate Calculation Agent: X.X. Xxxxxx Trust Company, National Association Exchange Rate Agent: Not applicable Computation of Interest (not applicable unless different than as specified in the prospectus and prospectus supplement):

Inverse Floating Rate Note. [ ] Yes [ ] No. If, Yes, Fixed Interest Rate: Floating Interest Rate: Interest Rate Basis(es): Initial Interest Rate, if any: Initial Interest Reset Date: Interest Rate Basis(es). Check all that apply: [ ] CD Rate [ ] Commercial Paper Rate [ ] CMT Rate [ ] Eleventh District Cost of Funds Rate [ ] LIBOR [ ] Federal Funds Rate [ ] EURIBOR [ ] Treasury Rate [ ] Prime Rate [ ] Other (See Attached) If LIBOR: [ ] LIBOR Reuters Page [ ] LIBOR Moneyline Telerate Page

Inverse Floating Rate Note. [ ] Yes [X] No. If, Yes, Fixed Interest Rate: Floating Interest Rate: Interest Rate Basis(es): Initial Interest Rate*, if any: The Initial Interest Rate for the Notes offered by this Pricing Supplement will be based on an interpolated one month LIBOR rate minus 0.01% determined in accordance with the provisions of this Pricing Supplement and the Prospectus Supplement subject to adjustment in accordance with the Modified Following Adjusted Business Day convention. Interest Rate Basis(es). Check all that apply: [ ] CD Rate [ ] Commercial Paper Rate [ ] CMT Rate [ ] Eleventh District Cost of Funds Rate [ ] Constant Maturity Swap Rate [ ] Federal Fund Open Rate [X] LIBOR [ ] Federal Funds Rate [ ] EURIBOR [ ] Treasury Rate [ ] Prime Rate If LIBOR: [ ] LIBOR Reuters Page [X] LIBOR Moneyline Telerate Page

Inverse Floating Rate Note shall have the meaning ascribed to such term in Section 105 of this Seventh Supplemental Indenture.

Inverse Floating Rate Note. [ ] Yes (see addendum) [ ] No Fixed Interest Rate: % Floating Rate / Fixed Rate Note: [ ] Yes (see addendum) [ ] No Fixed Rate Commencement Date: Fixed Interest Rate: % Day Count Convention: [ ] 30/360 for the period from to ------------- ------------------ [ ] Actual/360 for the period from to ------------- ------------------ [ ] Actual/Actual for the period from to ------------- ------------------ Applicable Interest Rate Basis: Amortizing Note: [ ] Yes [ ] No Amortization Schedule:

Inverse Floating Rate Note. [ ] Yes (see attached) [ ] No Initial Fixed Interest Rate: Reset Fixed Reference Rate Floating Rate / Fixed Rate Note: [ ] Yes (see attached) [ ] No Amortizing Note: [ ] Yes [ ] No Amortization Schedule: