Common use of Fixed Rate Period Clause in Contracts

Fixed Rate Period. During the period from, and including, August 16, 2022, to, but excluding, August 16, 2027 (the “Fixed Rate Period”), the Notes will bear interest at the rate of 4.553% per annum. Such interest will be payable semi-annually, in arrears, on February 16 and August 16 of each year, beginning on February 16, 2023 and ending on August 16, 2027 (each such date a “Fixed Rate Interest Payment Date”). During the Fixed Rate Period, interest will be computed on the basis of a 360-day year consisting of twelve 30-day months.

Fixed Rate Period. During the period from, and including, August 16January 27, 2022, 2023 to, but excluding, August 16January 27, 2027 2033 (the “Fixed Rate Period”), the Notes will bear interest at the rate of 4.5535.053% per annum. Such interest will be payable semi-annually, in arrears, on February 16 January 27 and August 16 July 27 of each year, beginning on February 16July 27, 2023 and ending on August 16January 27, 2027 2033 (each such date a “Fixed Rate Interest Payment Date”). During the Fixed Rate Period, interest will be computed on the basis of a 360-day year consisting of twelve 30-day months.