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<br />“Floor” means 0.00% per annum.
<br />“Government Securities Business Day” means any day except for (a) a Saturday, (b) a
<br />Sunday or (c) a day on which the Securities Industry and Financial Markets Association (or any
<br />successor thereto) recommends that the fixed income departments of its members be closed for the
<br />entire day for purposes of trading in United States government securities.
<br />“Governmental Authority” means the government of the United States or any other nation,
<br />or of any political subdivision thereof, whether state or local, and any department, commission,
<br />board, bureau, agency, authority, instrumentality, regulatory body, court, central bank or other
<br />entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or
<br />functions of or pertaining to government (including any supra national bodies such as the European
<br />Union or the European Central Bank) and any group or body charged with setting financial
<br />accounting or regulatory capital rules or standards (including the Financial Accounting Standards
<br />Board, the Bank for International Settlements or the Basel Committee on Banking Supervision or
<br />any successor or similar authority to any of the foregoing).
<br />“Initial BSBY Rate Bond Purchaser” means Citizens Bank, N.A., a national banking
<br />association (successor by merger to Citizens Bank of Pennsylvania), as the purchaser and Holder
<br />with respect to the Bonds as of January 3, 2012, and its successors and assigns.
<br />“Initial BSBY Rate Period” means the period from January 3, 2012 to, and including, the
<br />Initial BSBY Rate Period Termination Date.
<br />“Initial BSBY Rate Period Termination Date” means (i) the first Business Day of January,
<br />2017 or (ii) the first Business Day in January of any fifth year thereafter (i.e. 2022, 2027, or 2032)
<br />if, prior to the end of the immediately preceding five year period, the Initial BSBY Rate Bond
<br />Purchaser has exercised its right to waive the mandatory tender of the Bonds for purchase in
<br />accordance with Section 3.2(a) hereof.
<br />“Interest Payment Date” or “Interest Payment Dates” means, (i) while the Bonds bear
<br />interest at the Fixed Interest Rate, the first day of each January and July, and (ii) while the Bonds
<br />bear interest at the Weekly Interest Rate, the first Business Day of each January, April, July, and
<br />October, and (iii) while the Bonds bear interest at the BSBY Rate, the last day of the Interest Period
<br />therefor and, in the case of any Interest Period of more than three months’ duration, each day prior
<br />to the last day of such Interest Period that occurs at a three-month interval after the first day of
<br />such Interest Period, and the maturity date of the Bonds under which such BSBY Loan was made.
<br />“Interest Period” means, (a) while Bonds are in BSBY Mode, the BSBY Rate Period, or
<br />(b) while Bonds are in an Interest Mode other than BSBY Mode, the period commencing on the
<br />Interest Period Reset Date and ending on the numerically corresponding day in the calendar month
<br />that is one3 month thereafter (in each case, subject to the availability thereof); provided that (i) if
<br />any Interest Period would end on a day other than a Business Day, such Interest Period shall be
<br />extended to the next succeeding Business Day unless such next succeeding Business Day would
<br />fall in the next calendar month, in which case such Interest Period shall end on the next preceding
<br />3Bank to confirm interest period 6 months only
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