Common use of Compounded SOFR Clause in Contracts

Compounded SOFR. A compounded average of daily Secured Overnight Financing Rate (“SOFR”) determined by reference to the SOFR Index (as defined in the prospectus supplement relating to the Floating Rate Notes) for each quarterly interest period in accordance with the specific formula described under “Description of the Notes—Interest—Floating Rate Notes—Compounded SOFR” in the prospectus supplement. Margin: +42 basis points (the “Margin”) Floating Rate Interest Payment Dates: January 18, April 18, July 18 and October 18 of each year, commencing on January 18, 2022, and at maturity (each, a “Floating Rate Interest Payment Date”).

Compounded SOFR. A compounded average of daily Secured Overnight Financing Rate (“SOFR”) determined by reference to the SOFR Index (as defined in the prospectus supplement relating to the Floating Rate Notes) for each quarterly interest period in accordance with the specific formula described under “Description of the Notes—Interest—Floating Rate Notes—Compounded SOFR” in the prospectus supplement. Margin: +42 +40 basis points (the “Margin”) Floating Rate Interest Payment Dates: January 18March 14, April 18June 14, July 18 September 14 and October 18 December 14 of each year, commencing on January 18March 14, 20222021, and at maturity (each, a “Floating Rate Interest Payment Date”).

Compounded SOFR. A compounded average of daily Secured Overnight Financing Rate (“SOFR”) determined by reference to the SOFR Index (as defined in the prospectus supplement relating to the Floating Rate Notes) for each quarterly interest period in accordance with the specific formula described under “Description of the Notes—Interest—Floating Rate Notes—Compounded SOFR” in the prospectus supplement. Margin: +42 +34 basis points (the “Margin”) Floating Rate Interest Payment Dates: January 18March 22, April 18June 22, July 18 September 22 and October 18 December 22 of each year, commencing on January 18September 22, 20222021, and at maturity (each, a “Floating Rate Interest Payment Date”).