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. Prime Rate multiplied by the quantity (one (1) minus the <br /> then Effective Corporate Tax Rate) . If while a financial <br /> institution to which Section 291 (a) (3) of the Code, or any <br /> successor provision thereto ("Section 291 (a) (3) ") , applies is the <br /> registered owner of this Bond, there is a change in the <br /> Disallowance Deduction (the percentage of reduction set forth in <br /> Section 291 (a) (3) concerning any financial institution preference <br /> item) or other federal income tax provision reducing the yield to <br /> the registered owner of this Bond (collectively the "Change" ) , <br /> the Interest Rate hereon shall be automatically adjusted on the <br /> effective date of any such Change by adding thereto a percentage <br /> sufficient to pay to the affected registered owner of this Bond <br /> the same yield thereon received immediately prior to such Change. <br /> This Bond shall bear interest on any overdue principal <br /> and interest at the rate per annum equal to the Overdue Rate. <br /> From and after any Effective Date o€ Taxability as defined in the <br /> hereinafter described Loan Agreement the Bonds shall bear inter- <br /> est at the Taxable Rate; and in addition the holder hereof shall <br /> be entitled to receive payment for any interest penalties and tax <br /> obligations imposed under Sections 6651 through 6659 of the Code <br /> and sucn other payments as provided in such cases in the Loan <br /> Agreement. Upon presentation by the registered owner or owners <br /> hereof at maturity the principal hereof is payable in immediately <br /> available funds at the principal office of National Westminster <br /> Bank USA, with its principal office in New York, New York (the <br /> "Assignee") ; and the quarterly installments of the principal of <br /> this Bond prior to maturity and interest on this Bond shall be <br /> -14- <br />