CUSIP No. 695257 AA3 $ ------------------------- ISIN No. US695257AA39 PA▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇ ▇▇▇▇▇ration organized and existing under the laws of the State of Delaware (hereinafter called the "Company," which term shall include any successor corporation as defined in the Indenture hereinafter referred to), for value received, hereby promises to pay to __________ or registered assigns, the sum of _________ Dollars on July 15, 2012, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts, and to pay to the registered holder hereof as hereinafter provided interest thereon at the rate per annum specified in the title hereof in like coin or currency, from the January 15 or July 15 next preceding the date hereof to which interest has been paid, unless the date hereof is a January 15 or July 15 to which interest on the Notes has been paid, in which case from the date hereof, or unless no interest has been paid on the Notes since the original issue date (hereinafter referred to) of this Note, in which case from the original issue date, semi-annually in arrears on January 15 and July 15 in each year commencing on January 15, 2008, until payment of said principal sum has been made or duly provided for, and to pay interest on any overdue principal and (to the extent permitted by law) on any overdue installment of interest at the rate of 5.875% per annum. Notwithstanding the foregoing, when there is no existing default in the payment of interest on the Notes, if the date hereof is after January 1 or July 1 and prior to the following January 15 or July 15, as the case may be, this Note shall bear interest from such January 15 and July 15, or, if no interest has been paid on the Notes since the original issue date of this Note, from the original issue date; provided, however, that if the Company shall default in the payment of interest due on such January 15 or July 15, then this Note shall bear interest from the January 15 or July 15 to which interest has been paid or, if no interest has been paid on the Notes since the original issue date of this Note, from the original issue date. The interest so payable on any January 15 or July 15 will, subject to certain exceptions provided in the Indenture hereinafter referred to, be paid to the person in whose name this Note is registered at the close of business on the January 1 or July 1, as the case may be, next preceding such January 15 or July 15, or if such January 1 or July 1 is not a business day, the business day next preceding such January 1 or July 1. Interest on this Note shall be computed on the basis of a 360-day year of twelve 30-day months. Both principal of and interest on this Note are payable at the principal office of the Trustee in the Borough of Manhattan, The City of New York, New York; provided, however, that payment of principal or interest may be made, at the option of the Company, by wire transfer or by check mailed to the address of the person entitled thereto as such address shall appear on the Note register. The original issue date in respect of the Notes is June 25, 2007. ADDITIONAL PROVISIONS OF THIS NOTE ARE CONTAINED ON THE REVERSE HEREOF AND SUCH PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS THOUGH FULLY SET FORTH AT THIS PLACE. This Note shall not be entitled to any benefit under the Indenture hereafter referred to, or become valid or obligatory for any purpose, until the Trustee under the Indenture shall have signed the form of certificate of authentication endorsed hereon.
Appears in 1 contract
CUSIP No. 695257 AA3 $ ------------------------- ISIN No. US695257AA39 PA▇▇▇▇ SEARS R▇▇▇▇▇▇ ACCEPTANCE CORP. 7.50% Note due October 15, 2027 7.50% 7.50% Due 2027 Due 2027 Sears R▇▇▇▇▇▇▇ Acceptance Corp., ▇ ▇▇▇▇▇ration a corporation organized and existing under the laws of the State of Delaware (hereinafter called the "Company," which term shall include any successor corporation as defined in the Indenture hereinafter referred to"), for value received, hereby promises to pay to __________ , or registered assigns, the principal sum of _________ Dollars upon presentation and surrender of this Note, on July 15the fifteenth day of October, 20122027, at the office or agency of the Company in the Borough of Manhattan of The City of New York or, at the option of the holder hereof, such office or agency, if any, maintained by the Company in the city in which the principal executive offices of the Company are located or the city in which the principal corporate trust office of the Trustee is located, in any such coin or currency of the United States of America which as at the time of payment is legal tender for the payment of public and private debts, and to pay to the registered holder hereof as hereinafter provided interest thereon on said principal sum at the rate of 7.50% per annum specified in annum, either, at the title hereof option of the Company, by check mailed to the address of the person entitled thereto as such address shall appear on the Security Register or at either of such offices or agencies, in like coin or currency, from the January April 15 or July 15 October 15, as the case may be, next preceding the date hereof to which interest has been paid, paid on the Notes referred to on the reverse hereof (unless the date hereof is a January 15 or July 15 the date to which interest on the Notes has been paidpaid on such Notes, in which case from the date hereof, or unless no interest has been paid on the Notes since the original issue date (hereinafter referred to) of this Notehereof is prior to April 15, 1998, in which case from the original issue dateSeptember 30, semi-annually in arrears 1997), semiannually, commencing on January April 15, 1998, on April 15 and July 15 in each year commencing on January October 15, 2008, until payment of said principal sum has been made or duly provided for, and to pay interest on any overdue principal and (to the extent permitted by law) on any overdue installment of interest at the rate of 5.875% per annum. Notwithstanding the foregoing, when there if this Note is no existing default in the payment of interest on the Notes, if the date hereof is dated after January 1 or July any April 1 and prior to before the following January 15 or July April 15, as or after any October 1 and before the case may befollowing October 15, then this Note shall bear interest from such January following April 15 and July or October 15, or, if no interest has been paid on the Notes since the original issue date of this Note, from the original issue date; provided, however, that if the Company shall default in the payment of interest due on such January following April 15 or July October 15, then this Note shall bear interest from the January next preceding April 15 or July October 15 to which interest has been paid oron such Notes, or if no interest has been paid on the Notes since the original issue date of this Notesuch Notes, then from the original issue dateSeptember 30, 1997. The interest so payable on any January April 15 or July October 15 will, subject to certain exceptions provided in the Indenture hereinafter referred toto on the reverse hereof, be paid to the person in whose name this Note is registered at the close of business on the January April 1 or July 1, as the case may be, next preceding prior to such January April 15 or July the October 1 prior to such October 15. Any such interest not so punctually paid or duly provided for shall forthwith cease to be payable to the registered holder on such Interest Payment Date, and may be paid to the Person in whose name this Note is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice of which shall be given to Noteholders not less than 10 days prior to such Special Record Date, or may be paid, at any time in any other lawful manner, all as more fully provided in such Indenture. The Notes will not be redeemable prior to October 15, or if such January 1 or July 1 is not a business day2007. Thereafter, the business day next preceding such January 1 or July 1. Interest on this Note shall Notes will be computed on the basis of a 360-day year of twelve 30-day months. Both principal of and interest on this Note are payable subject to redemption at the principal office of the Trustee in the Borough of Manhattan, The City of New York, New York; provided, however, that payment of principal or interest may be made, any time at the option of the Company, by wire transfer Company as a whole or by check mailed from time to time in part upon not less than 30 nor more than 60 days' notice at the redemption prices (expressed as a percentage of principal amount) set forth below plus accrued and unpaid interest thereon to the address applicable redemption date. If the Notes are redeemed during the twelve month period beginning on October 15 of the person entitled thereto as such address shall appear years indicated below, the Redemption Prices will be: Year Redemption Price 2007 103.676% 2008 103.308% 2009 102.941% 2010 102.573% 2011 102.206% 2012 101.838% 2013 101.470% 2014 101.103% 2015 100.735% 2016 100.368% 2017 and thereafter 100.000% Reference is hereby made to the further provisions of this Note set forth on the Note register. The original issue date in respect of reverse hereof, and such further provisions shall for all purposes have the Notes is June 25, 2007. ADDITIONAL PROVISIONS OF THIS NOTE ARE CONTAINED ON THE REVERSE HEREOF AND SUCH PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS THOUGH FULLY SET FORTH AT THIS PLACEsame effect as though fully set forth at this place. This Note shall not be entitled to any benefit under the Indenture hereafter referred toto on the reverse hereof or any indenture supplemental thereto, or become valid or obligatory for any purpose, until the Trustee under the Indenture shall have signed the form of certificate of authentication endorsed hereonhereon shall have been signed by or on behalf of the Trustee under such Indenture.
Appears in 1 contract
CUSIP No. 695257 AA3 $ ------------------------- ISIN No. US695257AA39 PA▇▇▇▇ SEARS ▇▇▇▇▇▇▇ ACCEPTANCE CORP. 6.75% Note due January 15, 2028 6.75% 6.75% Due 2028 Due 2028 Sears ▇▇▇▇▇▇▇ Acceptance Corp., ▇ ▇▇▇▇▇ration a corporation organized and existing under the laws of the State of Delaware (hereinafter called the "Company," which term shall include any successor corporation as defined in the Indenture hereinafter referred to"), for value received, hereby promises to pay to __________ , or registered assigns, the principal sum of _________ Dollars upon presentation and surrender of this Note, on July 15the fifteenth day of January, 20122028, at the office or agency of the Company in the Borough of Manhattan of The City of New York or, at the option of the holder hereof, such office or agency, if any, maintained by the Company in the city in which the principal executive offices of the Company are located or the city in which the principal corporate trust office of the Trustee is located, in any such coin or currency of the United States of America which as at the time of payment is legal tender for the payment of public and private debts, and to pay to the registered holder hereof as hereinafter provided interest thereon on said principal sum at the rate of 6.75% per annum specified in annum, either, at the title hereof option of the Company, by check mailed to the address of the person entitled thereto as such address shall appear on the Security Register or at either of such offices or agencies, in like coin or currency, from the January 15 or July 15 15, as the case may be, next preceding the date hereof to which interest has been paid, paid on the Notes referred to on the reverse hereof (unless the date hereof is a January 15 or July 15 the date to which interest on the Notes has been paidpaid on such Notes, in which case from the date hereof, or unless no interest has been paid on the Notes since the original issue date (hereinafter referred to) of this Notehereof is prior to July 15, 1998, in which case from the original issue dateJanuary 13, semi-annually in arrears 1998), semiannually, commencing on July 15, 1998, on January 15 and July 15 in each year commencing on January 15, 2008, until payment of said principal sum has been made or duly provided for, and to pay interest on any overdue principal and (to the extent permitted by law) on any overdue installment of interest at the rate of 5.875% per annum. Notwithstanding the foregoing, when there if this Note is no existing default in the payment of interest on the Notes, if the date hereof is dated after any January 1 and before the following January 15, or after any July 1 and prior to before the following July 15, then this Note shall bear interest from such following January 15 or July 15, as the case may be, this Note shall bear interest from such January 15 and July 15, or, if no interest has been paid on the Notes since the original issue date of this Note, from the original issue date; provided, however, that if the Company shall default in the payment of interest due on such following January 15 or July 15, then this Note shall bear interest from the next preceding January 15 or July 15 to which interest has been paid oron such Notes, or if no interest has been paid on the Notes since the original issue date of this Notesuch Notes, then from the original issue dateJanuary 13, 1998. The interest so payable on any January 15 or July 15 will, subject to certain exceptions provided in the Indenture hereinafter referred toto on the reverse hereof, be paid to the person in whose name this Note is registered at the close of business on the January 1 or July 1, as the case may be, next preceding prior to such January 15 or the July 1 prior to such July 15. Any such interest not so punctually paid or duly provided for shall forthwith cease to be payable to the registered holder on such Interest Payment Date, and may be paid to the Person in whose name this Note is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice of which shall be given to Noteholders not less than 10 days prior to such Special Record Date, or if may be paid, at any time in any other lawful manner, all as more fully provided in such January 1 Indenture. If any Interest Payment Date or July 1 the Maturity Date falls on a day that is not a business dayBusiness Day, the business interest or principal payment shall be made on the next day next preceding that is a Business Day, and no interest on such January 1 payment shall accrue for the period from and after the Interest Payment Date or July 1the Maturity Date. Interest on this Note shall the Notes will be computed on the basis of a 360-day year of twelve 30-day months. Both principal Reference is hereby made to the further provisions of and interest on this Note are payable at the principal office of the Trustee in the Borough of Manhattan, The City of New York, New York; provided, however, that payment of principal or interest may be made, at the option of the Company, by wire transfer or by check mailed to the address of the person entitled thereto as such address shall appear set forth on the Note register. The original issue date in respect of reverse hereof, and such further provisions shall for all purposes have the Notes is June 25, 2007. ADDITIONAL PROVISIONS OF THIS NOTE ARE CONTAINED ON THE REVERSE HEREOF AND SUCH PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS THOUGH FULLY SET FORTH AT THIS PLACEsame effect as though fully set forth at this place. This Note shall not be entitled to any benefit under the Indenture hereafter referred toto on the reverse hereof or any indenture supplemental thereto, or become valid or obligatory for any purpose, until the Trustee under the Indenture shall have signed the form of certificate of authentication endorsed hereonhereon shall have been signed by or on behalf of the Trustee under such Indenture.
Appears in 1 contract
CUSIP No. 695257 AA3 $ ------------------------- ISIN No. US695257AA39 PA▇▇▇▇ SEARS R▇▇▇▇▇▇ ACCEPTANCE CORP. 6.875% Note due October 15, 2017 6.875% 6.875% Due 2017 Due 2017 Sears R▇▇▇▇▇▇▇ Acceptance Corp., ▇ ▇▇▇▇▇ration a corporation organized and existing under the laws of the State of Delaware (hereinafter called the "Company," which term shall include any successor corporation as defined in the Indenture hereinafter referred to"), for value received, hereby promises to pay to __________ , or registered assigns, the principal sum of _________ Dollars upon presentation and surrender of this Note, on July 15the fifteenth day of October, 20122017, at the office or agency of the Company in the Borough of Manhattan of The City of New York or, at the option of the holder hereof, such office or agency, if any, maintained by the Company in the city in which the principal executive offices of the Company are located or the city in which the principal corporate trust office of the Trustee is located, in any such coin or currency of the United States of America which as at the time of payment is legal tender for the payment of public and private debts, and to pay to the registered holder hereof as hereinafter provided interest thereon on said principal sum at the rate of 6.875% per annum specified in annum, either, at the title hereof option of the Company, by check mailed to the address of the person entitled thereto as such address shall appear on the Security Register or at either of such offices or agencies, in like coin or currency, from the January April 15 or July 15 October 15, as the case may be, next preceding the date hereof to which interest has been paid, paid on the Notes referred to on the reverse hereof (unless the date hereof is a January 15 or July 15 the date to which interest on the Notes has been paidpaid on such Notes, in which case from the date hereof, or unless no interest has been paid on the Notes since the original issue date (hereinafter referred to) of this Notehereof is prior to April 15, 1998, in which case from the original issue dateOctober 8, semi-annually in arrears 1997), semiannually, commencing on January April 15, 1998, on April 15 and July 15 in each year commencing on January October 15, 2008, until payment of said principal sum has been made or duly provided for, and to pay interest on any overdue principal and (to the extent permitted by law) on any overdue installment of interest at the rate of 5.875% per annum. Notwithstanding the foregoing, when there if this Note is no existing default in the payment of interest on the Notes, if the date hereof is dated after January 1 or July any April 1 and prior to before the following January 15 or July April 15, as or after any October 1 and before the case may befollowing October 15, then this Note shall bear interest from such January following April 15 and July or October 15, or, if no interest has been paid on the Notes since the original issue date of this Note, from the original issue date; provided, however, that if the Company shall default in the payment of interest due on such January following April 15 or July October 15, then this Note shall bear interest from the January next preceding April 15 or July October 15 to which interest has been paid oron such Notes, or if no interest has been paid on the Notes since the original issue date of this Notesuch Notes, then from the original issue dateOctober 8, 1997. The interest so payable on any January April 15 or July October 15 will, subject to certain exceptions provided in the Indenture hereinafter referred toto on the reverse hereof, be paid to the person in whose name this Note is registered at the close of business on the January April 1 or July 1, as the case may be, next preceding prior to such January April 15 or July the October 1 prior to such October 15. Any such interest not so punctually paid or duly provided for shall forthwith cease to be payable to the registered holder on such Interest Payment Date, and may be paid to the Person in whose name this Note is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice of which shall be given to Noteholders not less than 10 days prior to such Special Record Date, or if may be paid, at any time in any other lawful manner, all as more fully provided in such January 1 or July 1 Indenture. If any Interest Payment Date of the Maturity Date falls on a day that is not a business dayBusiness Day, the business interest or principal pament shall be made on the next day next preceding that is a Business Day, and no interest on such January 1 payment shall accrue for the period from and after the Interest Payment Date or July 1the Maturity Date. Interest on this Note shall the Notes will be computed on the basis of a 360-day year of twelve 30-day months. Both principal Reference is hereby made to the further provisions of and interest on this Note are payable at the principal office of the Trustee in the Borough of Manhattan, The City of New York, New York; provided, however, that payment of principal or interest may be made, at the option of the Company, by wire transfer or by check mailed to the address of the person entitled thereto as such address shall appear set forth on the Note register. The original issue date in respect of reverse hereof, and such further provisions shall for all purposes have the Notes is June 25, 2007. ADDITIONAL PROVISIONS OF THIS NOTE ARE CONTAINED ON THE REVERSE HEREOF AND SUCH PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS THOUGH FULLY SET FORTH AT THIS PLACEsame effect as though fully set forth at this place. This Note shall not be entitled to any benefit under the Indenture hereafter referred toto on the reverse hereof or any indenture supplemental thereto, or become valid or obligatory for any purpose, until the Trustee under the Indenture shall have signed the form of certificate of authentication endorsed hereonhereon shall have been signed by or on behalf of the Trustee under such Indenture.
Appears in 1 contract
CUSIP No. 695257 AA3 $ ------------------------- ISIN No. US695257AA39 PA▇▇▇▇ SEARS R▇▇▇▇▇▇ ACCEPTANCE CORP. 6.70% Note due September 18, 2007 6.70% 6.70% Due 2007 Due 2007 Sears R▇▇▇▇▇▇▇ Acceptance Corp., ▇ ▇▇▇▇▇ration a corporation organized and existing under the laws of the State of Delaware (hereinafter called the "Company," which term shall include any successor corporation as defined in the Indenture hereinafter referred to"), for value received, hereby promises to pay to __________ , or registered assigns, the principal sum of _________ Dollars upon presentation and surrender of this Note, on July 15the eighteenth day of September, 20122007, at the office or agency of the Company in the Borough of Manhattan of The City of New York or, at the option of the holder hereof, such office or agency, if any, maintained by the Company in the city in which the principal executive offices of the Company are located or the city in which the principal corporate trust office of the Trustee is located, in any such coin or currency of the United States of America which as at the time of payment is legal tender for the payment of public and private debts, and to pay to the registered holder hereof as hereinafter provided interest thereon on said principal sum at the rate of 6.70% per annum specified in annum, either, at the title hereof option of the Company, by check mailed to the address of the person entitled thereto as such address shall appear on the Security Register or at either of such offices or agencies, in like coin or currency, from the January 15 March 18 or July 15 September 18, as the case may be, next preceding the date hereof to which interest has been paid, paid on the Notes referred to on the reverse hereof (unless the date hereof is a January 15 or July 15 the date to which interest on the Notes has been paidpaid on such Notes, in which case from the date hereof, or unless no interest has been paid on the Notes since the original issue date (hereinafter referred to) of this Notehereof is prior to March 18, 1998, in which case from the original issue dateSeptember 23, semi-annually in arrears on January 15 and July 15 in each year 1997), semiannually, commencing on January 15March 18, 20081998, on March 18 and September 18, until payment of said principal sum has been made or duly provided for, and to pay interest on any overdue principal and (to the extent permitted by law) on any overdue installment of interest at the rate of 5.875% per annum. Notwithstanding the foregoing, when there if this Note is no existing default in the payment of interest on the Notes, if the date hereof is dated after January 1 or July any March 1 and prior to before the following January 15 March 18, or July 15after any September 1 and before the following September 18, as the case may be, then this Note shall bear interest from such January 15 and July 15following March 18 or September 18, or, if no interest has been paid on the Notes since the original issue date of this Note, from the original issue date; provided, however, that if the Company shall default in the payment of interest due on such January 15 following March 18 or July 15September 18, then this Note shall bear interest from the January 15 next preceding March 18 or July 15 September 18 to which interest has been paid oron such Notes, or if no interest has been paid on the Notes since the original issue date of this Notesuch Notes, then from the original issue dateSeptember 23, 1997. The interest so payable on any January 15 March 18 or July 15 September 18 will, subject to certain exceptions provided in the Indenture hereinafter referred toto on the reverse hereof, be paid to the person in whose name this Note is registered at the close of business on the January March 1 prior to such March 18 or July 1the September 1 prior to such September 18. Any such interest not so punctually paid or duly provided for shall forthwith cease to be payable to the registered holder on such Interest Payment Date, as and may be paid to the case may bePerson in whose name this Note is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, next preceding notice of which shall be given to Noteholders not less than 10 days prior to such January 15 or July 15Special Record Date, or if may be paid, at any time in any other lawful manner, all as more fully provided in such January 1 or July 1 Indenture. Reference is not a business day, hereby made to the business day next preceding such January 1 or July 1. Interest on further provisions of this Note shall be computed set forth on the basis of a 360-day year of twelve 30-day months. Both principal of reverse hereof, and interest on such further provisions shall for all purposes have the same effect as though fully set forth at this Note are payable at the principal office of the Trustee in the Borough of Manhattan, The City of New York, New York; provided, however, that payment of principal or interest may be made, at the option of the Company, by wire transfer or by check mailed to the address of the person entitled thereto as such address shall appear on the Note register. The original issue date in respect of the Notes is June 25, 2007. ADDITIONAL PROVISIONS OF THIS NOTE ARE CONTAINED ON THE REVERSE HEREOF AND SUCH PROVISIONS SHALL FOR ALL PURPOSES HAVE THE SAME EFFECT AS THOUGH FULLY SET FORTH AT THIS PLACEplace. This Note shall not be entitled to any benefit under the Indenture hereafter referred toto on the reverse hereof or any indenture supplemental thereto, or become valid or obligatory for any purpose, until the Trustee under the Indenture shall have signed the form of certificate of authentication endorsed hereonhereon shall have been signed by or on behalf of the Trustee under such Indenture.
Appears in 1 contract