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45 <br /> of the Owners of the Bond and the terms upon which the Bond is executed, delivered <br /> and secured, to all of which provisions the owner of this Bond, by the acceptance of <br /> this Bond, agrees. <br /> Prepayment provisions for 2O23A Bond-- <br /> The County may prepay the principal of the 2023A Bond in whole or in part at <br /> any time, at the County's option, upon payment of (i) the principal amount to be <br /> prepaid, (ii) plus interest accrued to the prepayment date, plus (iii) a prepayment <br /> premium equal to the greater of 1% of the amount prepaid or the "Break Funding <br /> Fee" in an amount computed as follows: <br /> The "Current Rate" shall be subtracted from the "Original Rate." If the result is zero <br /> or a negative number, there is no Break Funding Fee. If the result is a positive <br /> number, then the resulting percentage shall be multiplied by the amount being <br /> prepaid times the "Remaining Term" divided by 360. That is, the "Break Funding <br /> Fee" _ [Principal Amount Being Prepaid x (Original Rate - Current Rate) x <br /> (Remaining Term/360 days)] plus accrued interest. <br /> The registered owner of this Bond shall calculate the Break Funding Fee in <br /> accordance with its customary practices, and the Bondholder's calculation shall be <br /> conclusive absent manifest error. <br /> "Remaining Term" means the number of days from the calculation date to the final <br /> Payment Date on the 2023A Bond. "Current Rate" means the "Treasury Constant <br /> Maturities Rate," as defined below, effective on the calculation date. "Original Rate" <br /> means the Treasury Constant Maturities Rate effective on , 2023. <br /> "Federal Reserve Banking Day" means any day other than a Saturday or Sunday that <br /> is neither a legal holiday nor a day on which Federal Reserve is authorized or <br /> required by law, regulation or executive order to close. <br /> "Treasury Constant Maturities Rate" means the bond equivalent yield for United <br /> States Treasury securities (bills on a discounted basis shall be converted to bond <br /> equivalent yield) with the maturity closest to the Remaining Term as published on <br /> the Federal Reserve Board website (currently: federalreserve.gov/releases/h1S/), <br /> 27 <br />