REDEMPTION AND REPURCHASE OF SECURITIES Clause Samples

REDEMPTION AND REPURCHASE OF SECURITIES. Section 11.01 Applicability of Article 62 Section 11.02 Optional Redemption 63 Section 11.03 Optional Redemption Due to Changes in Tax Treatment 63 Section 11.04 Optional Redemption Due to Changes in Regulatory Treatment 64 Section 11.05 Notice of Redemption 64 Section 11.06 Payment of Securities Called for Redemption 65 Section 11.07 Exclusion of Certain Securities from Eligibility for Selection for Redemption 65 Section 11.08 Repurchase of Securities 66 Section 12.01 Agreement to Subordinate 66 Section 12.02 Subordination of the Securities 66 Section 12.03 Reimbursement of Excess Payment and Limited Right of Set-off 68 Section 12.04 No Amendment 68 Section 12.05 Provisions Solely to Define Relative Rights 68 Section 12.06 Trustee to Effectuate Subordination 68 Section 12.07 No Waiver of Subordination Provisions 69 Section 12.08 Notice to Trustee 69 Section 12.09 Trustee not Fiduciary for Holders of Senior Indebtedness 70 Section 12.10 Rights of Trustee as Holder of Senior Indebtedness; Preservation of Trustee’s Rights 70 Section 12.11 Article Applicable to Paying Agents 70 Section 12.12 Moneys Subordinated 70 Section 13.01 Agreement to Write-Down and Cancellation 70 Section 13.02 Suspension and Write-Down and Cancellation 72 Section 13.03 Suspension of Settlement through DTC 73 Section 13.04 Reimbursement of Payment and No Right of Set-off 73 Section 13.05 Limitation of Rights upon a Non-Viability Event or Bankruptcy Event 74 Section 13.06 Notice of Write-Down and Cancellation 74 Section 13.07 Additional Provisions Relating to a Write-Down and Cancellation 74 Section 13.08 Responsibilities of Trustee 75 Section 14.01 Agreement to Going Concern Write-Down 76 Section 14.02 Suspension and Going Concern Write-Down 78 Section 14.03 Suspension of Settlement through DTC 79 Section 14.04 Reimbursement of Payment and No Right of Set-off 79 Section 14.05 Limitation of Rights upon a Capital Ratio Event 79 Section 14.06 Notice of Going Concern Write-Down 80 Section 14.07 Write-Up Upon a Return to Financial Health 80 Section 14.08 Notice of Write-Up 81 Section 14.09 Additional Provisions Relating to Going Concern Write-Downs and Write-Ups 82 Section 14.10 Responsibilities of Trustee 82 EXHIBITS Exhibit A Form of Officer’s Certificate pursuant to Section 3.06 A-1 Exhibit B Form of Cancellation of Interest Payment Notice pursuant to Section 3.17 B-1 Exhibit C Form of Write-Down and Cancellation Notice pursuant to Section 13.06 C-1 Exhibit D Form of Going Concern Write-...

REDEMPTION AND REPURCHASE OF SECURITIES. Section 11.01 Applicability of Article 48 Section 11.02 Optional Redemption Due to Changes in Tax Treatment 48 Section 11.03 Notice of Redemption 49 Section 11.04 Payment of Securities Called for Redemption 50 Section 11.05 Exclusion of Certain Securities from Eligibility for Selection for Redemption 50 Section 11.06 Repurchase of Securities 50 EXHIBITS Exhibit A Form of Officer’s Certificate pursuant to Section 3.06 A-1 Table of Contents

REDEMPTION AND REPURCHASE OF SECURITIES. Section 11.01. Applicability of Article 52 Section 11.02. Optional Redemption 52 Section 11.03. Notice of Redemption 53 Section 11.04. Payment of Securities Called for Redemption 54 Section 11.05. Purchase of Securities 55 SUBORDINATION Section 12.01. Subordination 55 Section 12.02. No Amendment 57 Section 12.03. Provisions Solely to Define Relative Rights 57 Section 12.04. Trustee to Effect Subordination 57 Section 12.05. Reliance on Judicial Order or Certificate of Liquidating Agent 58 Section 12.06. Moneys Subordinated 58 Section 12.07. Compensation and Reimbursement to Trustee and Agents Not Subordinated 58 Section 12.08. No Restriction on the Company Assuming Further Obligations 58 VIABILITY WRITE-DOWN UPON VIABILITY EVENT Section 13.01. Notice of a Viability Event 58 Section 13.02. Viability Write-Down 59 Section 13.03. Additional Provisions Relating to a Viability Write-Down 60 EXHIBITS Exhibit A Form of Officer’s Certificate pursuant to Section 3.06 A-1 Exhibit B Form of Viability Write-Down Notice pursuant to Section 13.01 B-1 Cross-reference sheet of provisions of the Trust Indenture Act this indenture:

REDEMPTION AND REPURCHASE OF SECURITIES. Section 11.01. Applicability of Article 48 Section 11.02. Optional Redemption 48 Section 11.03. Notice of Redemption 49 Section 11.04. Payment of Securities Called for Redemption 50 Section 11.05. Purchase of Securities 50 SUBORDINATION Section 12.01. Agreement to Subordinate 51 Section 12.02. Subordination 51 Section 12.03. No Amendment 52 Section 12.04. Provisions Solely to Define Relative Rights 52 Section 12.05. Trustee to Effectuate Subordination 52 Section 12.06. Notice to Trustee 52 Section 12.07. No Restriction on the Company Assuming Further Obligations 52

REDEMPTION AND REPURCHASE OF SECURITIES. Section 14.01.

REDEMPTION AND REPURCHASE OF SECURITIES. Section 3.01 Company’s Right to Redeem 15 Section 3.02 Notices to Trustee 16 Section 3.03 Selection of Securities To Be Redeemed 16 Section 3.04 Notice of Redemption 17 Section 3.05 Effect of Notice of Redemption 18 Section 3.06 Deposit and Payment of Redemption Price 19 Section 3.07 Repurchase of Securities at Option of the Holder upon a Fundamental Change 19 Section 3.08 Effect of Fundamental Change Repurchase Notice 22 Section 3.09 Deposit of Fundamental Change Repurchase Price 22 Section 3.10 Repayment to the Company 22 Section 3.11 Securities Purchased in Part 23 Section 3.12 Compliance with Securities Laws upon Purchase of Securities 23 Section 3.13 Purchase of Securities in Open Market 23

REDEMPTION AND REPURCHASE OF SECURITIES. Section 3.01 No Optional Redemption of Securities 23 Section 3.02 [Reserved.] 23 Section 3.03 [Reserved.] 23 Section 3.04 Repurchase at Option of Holders Upon a Fundamental Change 23 Section 3.05 [Reserved.] 24 Section 3.06 Company Repurchase Notice; Tender Offer Compliance 24 Section 3.07 Effect of Fundamental Change Repurchase Notice; Withdrawal 25 Section 3.08 Deposit of Fundamental Change Repurchase Price 26 Section 3.09 Securities Repurchased in Part 26

REDEMPTION AND REPURCHASE OF SECURITIES. Notice of Redemption; Partial Redemptions 63 SECTION 10.2. Payment of Securities Called for Redemption 65 SECTION 10.3. Exclusion of Certain Securities from Eligibility for Selection for Redemption 66 SECTION 10.4. Redemption at the Option of the Bank for Taxation Reasons 66 SECTION 10.5. Redemption at the Option of Holders 66

REDEMPTION AND REPURCHASE OF SECURITIES. Section 3.01