Common use of At Maturity Clause in Contracts

At Maturity. All percentages resulting from any calculation of the rate of interest on a Floating Rate Note will be rounded, if necessary, to the nearest one hundred-thousandth of a percent (.0000001), with five one-millionths of a percentage point rounded upward, and all dollar amounts used in or resulting from such calculation on Floating Rate Notes will be rounded to the nearest cent (with one-half cent being rounded upward).

Appears in 2 contracts

Sources: Medium Term Note Agreement (Textron Financial Corp), Medium Term Note Agreement (Textron Financial Corp)