Common use of Notification of Rate of Interest and Interest Amount Clause in Contracts

Notification of Rate of Interest and Interest Amount. The Agent will cause the Rate of Interest and each Interest Amount for each Interest Period or Specified Period and the relevant Interest Payment Date to be notified to the Issuer, the TCCI Registrar and the TCCI Transfer Agent (in the case of Registered Notes issued by Toyota Credit Canada Inc.), the TMCC Registrar and the TMCC Transfer Agent (in the case of Registered Notes issued by Toyota Motor Credit Corporation) and any stock exchange or other relevant authority on which the relevant Floating Rate Notes are for the time being admitted to trading and listed and will cause notice of the same to be published or given in accordance with Condition 16 as soon as possible after their determination but in no event later than (i) the fourth London Business Day after their determination; or (ii) two Milan Business Days prior to the first day of each Interest Period in the case of Notes to be admitted to be traded on EuroTLX on an ex-coupon basis (corso secco); or three Milan Business Days prior to the relevant Interest Payment Date in the case of Notes to be admitted to be traded on EuroTLX on a cum-coupon basis (tel quel). Each Interest Amount and Interest Payment Date so notified may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without publication as aforesaid or prior notice in the event of an extension or shortening of the Interest Period or Specified Period in accordance with the provisions hereof. Any such amendment will promptly be notified to each stock exchange or other relevant authority on which the relevant Floating Rate Notes are for the time being admitted to trading and listed. For the purposes of this Condition 4(b)(vi), the expression “

Notification of Rate of Interest and Interest Amount. The Principal Paying Agent or the Calculation Agent, as applicable, will cause the Rate of Interest and each the Interest Amount for each Floating Interest Period or Specified Period and the relevant Interest Payment Date to be notified notified, other than where the Reference Rate is specified in the applicable Final Terms as being “Compounded Daily ▇▇▇▇▇”, to the IssuerIssuer and, the TCCI Registrar and the TCCI Transfer Agent (in the case of Registered Notes issued by Toyota Credit Canada Inc.), the TMCC Registrar and the TMCC Transfer Agent (in the case of Registered Notes issued by Toyota Motor Credit Corporation) and any stock exchange or other relevant authority on which the relevant Floating Rate Notes which are for listed on a stock exchange, that stock exchange as soon as possible but in any event not later than the time being admitted to trading and listed second Business Day after their determination and will cause notice of the same such information to be published or given to the holders of the Notes of this Series in accordance with Condition 16 12 not later than the fourth Business Day after their determination and, in the case of Floating Rate Notes referencing Compounded Daily ▇▇▇▇▇, in the case of notice to each of the Issuer, any stock exchange and in accordance with Condition 12 as provided above, the Principal Paying Agent or the Calculation Agent, as applicable, will cause such notice to be given as soon as possible after their the determination but in of the relevant Rate of Interest and Interest Amount, and no event later than the second London Banking Day (ias defined in Condition 4(b)(5A) the fourth London Business Day above) after their determination; or (ii) two Milan Business Days prior to the first day of each Interest Period in the case of Notes to be admitted to be traded on EuroTLX on an ex-coupon basis (corso secco); or three Milan Business Days prior to the relevant Interest Payment Date in the case of Notes to be admitted to be traded on EuroTLX on a cum-coupon basis (tel quel). Each Interest Amount and Interest Payment Date so notified may subsequently be amended (or appropriate alternative arrangements made by way of adjustment) without publication notification as aforesaid or prior notice in the event of an extension or shortening of the Floating Interest Period or Specified Period in accordance with the provisions hereofPeriod. Any such amendment will be promptly be notified to each any stock exchange or other relevant authority on which the relevant Floating Rate Notes affected thereby are for the time being admitted to trading and listed. For the purposes of this Condition 4(b)(vi), the expression “.