By-laws of the Company. For those matters not covered in these Regulations or under applicable law or regulation, the Indenture or any other documents governing the issuance of the Series ___ Securities, reference should be made to the by-laws of the Company. Exhibit 4.6 EXHIBIT A FORM OF FACE OF SECURITY [Insert any legend required by the Internal Revenue Code and the regulations thereunder.] THIS SECURITY IS NOT INSURED BY THE FEDERAL DEPOSIT INSURANCE CORPORATION No. [Amount] CUSIP NO. BBVA U.S. SENIOR, S.A. UNIPERSONAL ___% Senior Guaranteed Securities Due SECURITY BBVA U.S. SENIOR, S.A. UNIPERSONAL, a sociedad anónima company incorporated under the laws of the Kingdom of Spain and having its registered office in the Kingdom of Spain (together with its successors and permitted assigns under the Indenture referred to on the reverse hereof, the “Company”), for value received, hereby promises to pay to , or registered assigns, the principal sum of on or on such earlier date as the principal hereof may become due in accordance with the provisions hereof. [The Company further unconditionally promises to pay interest in arrears on and of each year (each an “Interest Payment Date”), commencing , 20_, and at maturity or redemption, on said principal sum at the rate of ___% per annum. Interest shall accrue from and including the most recent date to which interest has been paid or duly provided for or, if no interest has been paid or duly provided for, from , 20___until payment of said principal sum has been made or duly provided for. The interest payable on any such and will, subject to certain conditions set forth in the Indenture referred to on the reverse hereof, be paid to the person in whose name this Security is registered at the end of the close of business on the Regular Record Date for such interest which shall be the and (whether or not a Business Day), as the case may be, next preceding each such Interest Payment Date.] [The principal of this Security shall not bear interest except in the case of a default in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue principal and any overdue premium shall bear interest at the rate of ___% per annum (to the extent that the payment of such interest shall be legally enforceable), from the dates such amounts are due until they are paid or made available for payment. Interest on any overdue principal or premium shall be payable on demand.]
By-laws of the Company. For those matters not covered in these Regulations or under applicable law or regulation, the Indenture or any other documents governing the issuance of the Series ___ Securities, reference should be made to the by-laws of the Company.
By-laws of the Company. The Holders acknowledge that the By-Laws attached as Exhibit B will be in effect as the By-Laws of the Company as of the date hereof. The provisions of Exhibit B are hereby made a part of the agreement among the parties hereto.
