Common use of CD Rate Clause in Contracts

CD Rate. If an Interest Rate Basis for this Note is specified on the face hereof as the CD Rate, the CD Rate shall be determined as of the applicable Interest Determination Date (a "CD Rate Interest Determination Date") as the rate on such date for negotiable United States dollar certificates of deposit having the Index Maturity specified on the face hereof as published by the Board of Governors of the Federal Reserve System in "Statistical Release H.15(5l9), Selected Interest Rates" or any successor publication ("H.15 (519)") under the heading "CDs (Secondary Market)," or, if not published by 3:00 P.M., New York City time, on the related Calculation Date (as defined below), the rate on such CD Rate Interest Determination Date for negotiable United States dollar certificates of deposit of the Index Maturity as published by the Federal Reserve Bank of New York in its daily statistical release "Composite 3:30 P.M. Quotations for U.S. Government Securities" or any successor publication ("Composite Quotations") under the heading "Certificates of Deposit." If such rate is not yet published in either H.15 (519) or Composite Quotations by 3:00 P.M., New York City time, on the related Calculation Date, then the CD Rate on such CD Rate Interest Determination Date will be calculated by the Calculation Agent specified on the face hereof and will be the arithmetic mean of the secondary market offered rates as of 10:00 A.M., New York City time, on such CD Rate Interest Determination Date, of three leading nonbank dealers in negotiable United States dollar certificates of deposit in The City of New York selected by the Calculation Agent after consultation with the Company for negotiable United States dollar certificates of deposit of major United States money market banks with a remaining maturity closest to the Index Maturity in an amount that is representative for a single transaction in that market at that time; PROVIDED, HOWEVER, that if the dealers so selected by the Calculation Agent are not quoting as mentioned in this sentence, the CD Rate determined as of such CD Rate Interest Determination Date will be the CD Rate in effect on such CD Rate Interest Determination Date.

CD Rate. If an Interest Rate Basis for this Note is specified on the face hereof as the CD Rate, as indicated above, the CD Rate shall be determined as of on the applicable Interest Determination Date (a "CD Rate Interest Determination Date") as the rate on such date for negotiable United States dollar certificates of deposit having the Index Maturity specified on in the face hereof applicable Pricing Supplement as published by the Board of Governors of the Federal Reserve System in "Statistical Release H.15(5l9H.15(519), Selected Interest Rates" or any successor publication ("H.15 (519H.15(519)") under the heading "CDs (Secondary Market)," or, if not published by 3:00 P.M.9:00 A.M., New York City time, on the related Calculation Date Date, the rate set forth in H.15 Daily Update (as defined below) under the caption "CDs (Secondary Market), the rate " on such CD Rate Interest Determination Date for negotiable United States dollar certificates of deposit of the Index Maturity as published by specified in the applicable Pricing Supplement. "H.15 Daily Update" means the daily update of H.15 (519) available through the world wide web site of the Board of Governors of the Federal Reserve Bank System at http://www.bog.frb.fed.us/release▇/▇▇▇/▇▇▇▇▇▇, ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ of New York in its daily statistical release "Composite 3:30 P.M. Quotations for U.S. Government Securities" or any successor publication ("Composite Quotations") under the heading "Certificates of Deposit." publication. If such rate is not yet published in either H.15 (519) or Composite Quotations H.15 Daily Update by 3:00 P.M., New York City time, on the related Calculation Date, then the CD Rate on such CD Rate Interest Determination Date will be calculated by the Calculation Agent specified on the face hereof and will be the arithmetic mean of the secondary market offered rates as of 10:00 A.M., New York City time, on such CD Rate Interest Determination Date, of three leading nonbank dealers in negotiable United States dollar certificates of deposit in The City of New York (which may include the Agents or their affiliates) selected by the Calculation Agent after consultation with the Company for negotiable United States dollar certificates of deposit of major United States money market banks for negotiable certificates of deposit with a remaining maturity closest to the Index Maturity designated in the applicable Pricing Supplement in an amount that is representative for a single transaction in that market at that time; PROVIDEDprovided, HOWEVERhowever, that if the dealers so selected by the Calculation Agent are not quoting as mentioned in this sentence, the CD Rate determined as of such CD Rate Interest Determination Date will be the CD Rate in effect on such CD Rate Interest Determination Date.

CD Rate. If an Interest Rate Basis for this Note is specified on the face hereof as the CD Rate, the CD Rate shall be determined as of the applicable Interest Determination Date (a "CD Rate Interest Determination Date") as the rate on such date for negotiable United States dollar certificates of deposit having the Index Maturity specified on the face hereof as published by the Board of Governors of the Federal Reserve System in "Statistical Release H.15(5l9H.15(519), Selected Interest Rates" or any successor publication ("H.15 (519H.15(519)") under the heading "CDs (Secondary Market)," ", or, if not published by 3:00 P.M., New York City time, on the related Calculation Date (as defined below), the rate on such CD Rate Interest Determination Date for negotiable United States dollar certificates of deposit of the Index Maturity as published by the Federal Reserve Bank of New York in its daily statistical release "Composite 3:30 P.M. Quotations for U.S. United States Government Securities" or any successor publication ("Composite Quotations") under the heading "Certificates of Deposit." ". If such rate is not yet published in either H.15 (519H.15(519) or Composite Quotations by 3:00 P.M., New York City time, on the related Calculation Date, then the CD Rate on such CD Rate Interest Determination Date will be calculated by the Calculation Agent specified on the face hereof and will be the arithmetic mean of the secondary market offered rates as of 10:00 A.M., New York City time, on such CD Rate Interest Determination Date, of three leading nonbank dealers in negotiable United States dollar certificates of deposit in The City of New York selected by the Calculation Agent after consultation with the Company for negotiable certificates of deposit of major United States money center banks for negotiable United States dollar certificates of deposit of major United States money market banks with a remaining maturity closest to the Index Maturity in an amount that is representative for a single transaction in that market at that time; PROVIDED, HOWEVER, that if the dealers so selected by the Calculation Agent are not quoting as mentioned in this sentence, the CD Rate determined as of such CD Rate Interest Determination Date will be the CD Rate in effect on such CD Rate Interest Determination Date.

CD Rate. If an Interest Rate Basis for this Note is specified on the face hereof as the CD Rate, the CD Rate shall be determined as of the applicable Interest Determination Date (a "CD Rate Interest Determination Date") as the rate on such date for negotiable United States dollar certificates of deposit having the Index Maturity specified on the face hereof as published by the Board of Governors of the Federal Reserve System in "Statistical Release H.15(5l9), Selected Interest Rates" or any successor publication H.15(519) ("H.15 (519)"as defined below) under the heading "CDs (Secondary Marketsecondary market)," or, if not published by 3:00 P.M., New York City time, on the related Calculation Date (as defined below)Date, the rate on such CD Rate Interest Determination Date for negotiable United States dollar certificates of deposit of the Index Maturity specified on the face hereof as published by in H.15 Daily Update (as hereinafter defined), or such other recognized electronic source used for the Federal Reserve Bank purpose of New York in its daily statistical release "Composite 3:30 P.M. Quotations for U.S. Government Securities" or any successor publication ("Composite Quotations") displaying such rate, under the heading "Certificates of DepositCDs (secondary market)." ". If such rate is not yet published in either H.15(519), H.15 (519) Daily Update or Composite Quotations another recognized electronic source by 3:00 P.M., New York City time, on the related Calculation Date, then the CD Rate on such CD Rate Interest Determination Date will be calculated by the Calculation Agent specified on the face hereof and will be the arithmetic mean of the secondary market offered rates as of 10:00 A.M., New York City time, on such CD Rate Interest Determination Date, of three leading nonbank dealers in negotiable United States dollar certificates of deposit in The City of New York (which may include the agents or their respective affiliates (the "Agents," which term, as used herein, includes their respective successors) or their affiliates) selected by the Calculation Agent after consultation with the Company for negotiable United States dollar certificates of deposit of major United States money market banks for negotiable United States dollar certificates of deposit with a remaining maturity closest to the Index Maturity specified on the face hereof in an amount that is representative for a single transaction in that market at that time; PROVIDEDprovided, HOWEVERhowever, that if the dealers so selected by the Calculation Agent are not quoting as mentioned in this sentence, the CD Rate determined as of such CD Rate Interest Determination Date will be the CD Rate in effect on such CD Rate Interest Determination Date.

CD Rate. If an Interest Rate Basis for this Note is specified on the face -------- hereof as the CD Rate, the CD Rate shall be determined as of the applicable Interest Determination Date (a "CD Rate Interest Determination Date") as the rate on such date for negotiable United States U.S. dollar certificates of deposit having the specified Index Maturity specified on the face hereof as published by the Board of Governors of the Federal Reserve System in "Statistical Release H.15(5l9), Selected Interest Rates" or any successor publication ("H.15 (519)"H.15(519) under the heading "CDs (Secondary Market),." or, if If such rate is not published by before 3:00 P.M.p.m., New York City time, on the related relevant Calculation Date, then the CD Rate for such Interest Reset Date (as defined below), shall be the rate on such CD Rate Interest Determination Date for negotiable United States U.S. dollar certificates of deposit of having the specified Index Maturity as published by the Federal Reserve Bank of New York in its daily statistical release "Composite 3:30 P.M. Quotations for U.S. Government Securities" or any successor publication ("Composite Quotations") on the Internet, under the heading "Certificates of DepositSelected Daily Rates." If such rate is not yet published in either H.15 (519) or Composite Quotations by 3:00 P.M.p.m., New York City time, on such Calculation Date such rate is not published either in H.15(519) or by the related Calculation DateFederal Reserve Bank of New York, then the CD Rate on for such CD Rate Interest Determination Reset Date will shall be calculated by the Calculation Agent specified on the face hereof and will shall be the arithmetic mean of the secondary market offered rates rates, as of 10:00 A.M.a.m., New York City time, on such CD Rate Interest Determination Date, of three leading nonbank dealers in of negotiable United States U.S. dollar certificates of deposit in The the City of New York selected by the Calculation Agent after consultation with the Company for negotiable United States dollar certificates of deposit of major United States money market banks with a remaining maturity closest to the specified Index Maturity in an amount that is representative for a single transaction in that market at that timedenomination of U.S. $5,000,000; PROVIDEDprovided, HOWEVERhowever, that if the -------- ------- fewer than three dealers so selected as provided above by the Calculation Agent are not quoting as mentioned in this sentence, the CD Rate determined as of for such CD Rate Interest Determination Reset Date will be the CD Rate in effect on such CD Rate Interest Determination Date.

CD Rate. If an Interest Rate Basis for this Note is specified on the face hereof as the CD Rate, as indicated above, the CD Rate shall be determined as of on the applicable Interest Determination Date (a "CD Rate Interest Determination Date") as the rate on such date for negotiable United States dollar certificates of deposit having the Index Maturity specified on in the face hereof applicable Pricing Supplement as published by the Board of Governors of the Federal Reserve System in "Statistical Release H.15(5l9H.15(519), Selected Interest Rates" or any successor publication ("H.15 (519H.15(519)") under the heading "CDs (Secondary Market)," or, if not published by 3:00 P.M.9:00 A.M., New York City time, on the related Calculation Date Date, the rate set forth in H.15 Daily Update (as defined below) under the caption "CDs (Secondary Market), the rate " on such CD Rate Interest Determination Date for negotiable United States dollar certificates of deposit of the Index Maturity as published by specified in the applicable Pricing Supplement. "H.15 Daily Update" means the daily update of H.15 (519) available through the world wide web site of the Board of Governors of the Federal Reserve Bank System at http://www.bog.frb.fed.us/releases/▇▇▇/▇▇▇▇▇▇, ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ of New York in its daily statistical release "Composite 3:30 P.M. Quotations for U.S. Government Securities" or any successor publication ("Composite Quotations") under the heading "Certificates of Deposit." publication. If such rate is not yet published in either H.15 (519) or Composite Quotations H.15 Daily Update by 3:00 P.M., New York City time, on the related Calculation Date, then the CD Rate on such CD Rate Interest Determination Date will be calculated by the Calculation Agent specified on the face hereof and will be the arithmetic mean of the secondary market offered rates as of 10:00 A.M., New York City time, on such CD Rate Interest Determination Date, of three leading nonbank dealers in negotiable United States dollar certificates of deposit in The City of New York (which may include the Agents or their affiliates) selected by the Calculation Agent after consultation with the Company for negotiable United States dollar certificates of deposit of major United States money market banks for negotiable certificates of deposit with a remaining maturity closest to the Index Maturity designated in the applicable Pricing Supplement in an amount that is representative for a single transaction in that market at that time; PROVIDEDprovided, HOWEVERhowever, that if the dealers so selected by the Calculation Agent are not quoting as mentioned in this sentence, the CD Rate determined as of such CD Rate Interest Determination Date will be the CD Rate in effect on such CD Rate Interest Determination Date.

CD Rate. If an Interest Rate Basis for this Note is specified on the face hereof as the CD Rate, the CD Rate shall be determined as of the applicable Interest Determination Date (a "CD Rate Interest Determination Determina-tion Date") as the rate on such date for negotiable United States dollar certificates of deposit having the Index Maturity specified on the face hereof as published by the Board of Governors of the Federal Reserve System in "Statistical Release H.15(5l9H.15(519), Selected Interest Rates" or any successor publication ("H.15 (519H.15(519)") under the heading "CDs (Secondary Market)," ", or, if not published by 3:00 P.M., New York City time, on the related Calculation Date (as defined below), the rate on such CD Rate Interest Determination Determina-tion Date for negotiable United States dollar certificates of deposit of the Index Maturity as published by the Federal Reserve Bank of New York in its daily statistical release "Composite 3:30 P.M. Quotations for U.S. United States Government Securities" or any successor publication ("Composite Quotations") under the heading "Certificates of Deposit." ". If such rate is not yet published in either H.15 (519H.15(519) or Composite Quotations by 3:00 P.M., New York City time, on the related Calculation Date, then the CD Rate on such CD Rate Interest Determination Date will be calculated by the Calculation Agent specified on the face hereof and will be the arithmetic mean of the secondary market offered rates as of 10:00 A.M., New York City time, on such CD Rate Interest Determination Date, of three leading nonbank dealers in negotiable United States dollar certificates of deposit in The City of New York selected by the Calculation Agent (after consultation with the Company Company) for negotiable United States dollar certificates of deposit of major United States money market banks for negotiable United States dollar certificates of deposit with a remaining maturity closest to the Index Maturity in an amount that is representative for a single transaction in that market at that time; PROVIDEDprovided, HOWEVERhowever, that if the dealers so selected by the Calculation Calcula-tion Agent are not quoting as mentioned in this sentence, the CD Rate determined as of such CD Rate Interest Determination Date will be the CD Rate in effect on such CD Rate Interest Determination Determina-tion Date.

CD Rate. If an Interest Rate Basis for this Note is specified on the face hereof as the CD Rate, the CD Rate shall be determined as of the applicable Interest Determination Date (a "CD Rate Interest Determination Date") as the rate on such date for negotiable United States dollar certificates of deposit having the Index Maturity specified on the face hereof as published by the Board of Governors of the Federal Reserve System in "Statistical Release H.15(5l9H.15(519), Selected Interest Rates" or any successor publication ("H.15 (519H.15(519)") under the heading "CDs CDS (Secondary Market)," ", or, if not published by 3:00 P.M., New York City time, on the related Calculation Date (as defined below), the rate on such CD Rate Interest Determination Date for negotiable United States dollar certificates of deposit of the Index Maturity as published by the Federal Reserve Bank of New York in its daily statistical release "Composite 3:30 P.M. Quotations for U.S. Government Securities" or any successor publication ("Composite Quotations") under the heading "Certificates of Deposit." ". If such rate is not yet published in either H.15 (519H.15(519) or Composite Quotations by 3:00 P.M., New York City time, on the related Calculation Date, then the CD Rate on such CD Rate Interest Determination Date will be calculated by the Calculation Agent specified on the face hereof and will be the arithmetic mean of the secondary market offered rates as of 10:00 A.M., New York City time, on such CD Rate Interest Determination Date, of three leading nonbank dealers in negotiable United States dollar certificates of deposit in The City of New York selected by the Calculation Agent after consultation with the Company for negotiable United States dollar certificates of deposit of major United States money market banks for negotiable United States dollar certificates of deposit with a remaining maturity closest to the Index Maturity in an amount that is representative for a single transaction in that market at that time; PROVIDEDprovided, HOWEVERhowever, that if the dealers so selected by the Calculation Agent are not quoting as mentioned in this sentence, the CD Rate determined as of such CD Rate Interest Determination Date will be the CD Rate in effect on such CD Rate Interest Determination Date.