Common use of The Fixed Rate Notes Clause in Contracts

The Fixed Rate Notes. There is hereby created and established a series of Fixed Rate Refunding Notes designated "Promissory Notes, Fixed Rate Refunding Series due 2014" (hereinafter sometimes called the "Series 2014 Notes" or the "Refunding Notes"). The Refunding Notes shall be issued in the principal amount, shall bear interest at the rate per annum and shall have the final maturity set forth below: Original Principal Amount Interest Rate Final Maturity Series 2014 Notes January 15, 2014 The Series 2014 Notes shall be substantially in the form of Exhibit A hereto. Each Refunding Note shall bear interest on the principal amount thereof from time to time outstanding from the issue date designated thereon until paid in full at the rate of interest set forth therein, which interest shall be payable on July 15, 2004 and on each January 15 and July 15 thereafter to and including the final maturity date thereof, unless paid in full prior to such date as provided herein and in such Refunding Note. The principal amount of each Refunding Note shall be payable on the dates and in the amounts as set forth in Schedule 1 attached thereto, as such Schedule may be adjusted from time to time in accordance with the terms hereof and of such Refunding Note. Installments of principal of and premium, if any, and interest on each Refunding Note shall be due and payable on the payment dates specified in Schedule 1 attached thereto. Each Refunding Note shall be subject to prepayment as set forth in such Refunding Note.

The Fixed Rate Notes. There is hereby created and established a series of Fixed Rate Refunding Notes designated "Promissory Notes, Fixed Rate Refunding Series due 20142013" (hereinafter sometimes called the "Series 2014 2013 Notes" or the "Refunding Notes"). The Refunding Notes shall be issued in the principal amount, shall bear interest at the rate per annum and shall have the final maturity set forth below: Original Principal Amount Interest Rate Final Maturity Series 2014 2013 Notes $58,477,527 5.129% January 15, 2014 2013 The Series 2014 2013 Notes shall be substantially in the form of Exhibit A hereto. Each Refunding Note shall bear interest on the principal amount thereof from time to time outstanding from the issue date designated thereon until paid in full at the rate of interest set forth therein, which interest shall be payable on July 15, 2004 2004, and on each January 15 and July 15 thereafter to and including the final maturity date thereof, unless paid in full prior to such date as provided herein and in such Refunding Note. The principal amount of each Refunding Note shall be payable on the dates and in the amounts as set forth in Schedule 1 attached thereto, as such Schedule may be adjusted from time to time in accordance with the terms hereof and of such Refunding Note. Installments of principal of and premium, if any, and interest on each Refunding Note shall be due and payable on the payment dates specified in Schedule 1 attached thereto. Each Refunding Note shall be subject to prepayment as set forth in such Refunding Note.

The Fixed Rate Notes. There is hereby created and established a series of Fixed Rate Refunding Notes designated "Promissory Notes, Fixed Rate Refunding Series due 2014" (hereinafter sometimes called the "Series 2014 Notes" or the "Refunding Notes"). The Refunding Notes shall be issued in the principal amount, shall bear interest at the rate per annum and shall have the final maturity set forth below: Original Principal Amount Interest Rate Final Maturity Series 2014 Notes $226,279,158 5.129% January 15, 2014 The Series 2014 Notes shall be substantially in the form of Exhibit A hereto. Each Refunding Note shall bear interest on the principal amount thereof from time to time outstanding from the issue date designated thereon until paid in full at the rate of interest set forth therein, which interest shall be payable on July 15, 2004 2004, and on each January 15 and July 15 thereafter to and including the final maturity date thereof, unless paid in full prior to such date as provided herein and in such Refunding Note. The principal amount of each Refunding Note shall be payable on the dates and in the amounts as set forth in Schedule 1 attached thereto, as such Schedule may be adjusted from time to time in accordance with the terms hereof and of such Refunding Note. Installments of principal of and premium, if any, and interest on each Refunding Note shall be due and payable on the payment dates specified in Schedule 1 attached thereto. Each Refunding Note shall be subject to prepayment as set forth in such Refunding Note.