Common use of Further Issues, Purchases and Cancellation Clause in Contracts

Further Issues, Purchases and Cancellation. The Issuer may from time to time, without the consent of the Holders, issue further Notes having the same terms and conditions as the Notes in all respects (or in all respects except for the issue date, interest commencement date and/or issue price) so as to form a single issuance with the Notes. The term “Notes” shall, in the event of such increase, also include such further Notes. The Issuer may at any time purchase Notes in the open market or otherwise and at any price. Notes purchased by the Issuer may, at the option of the Issuer, be held or resold, or transferred to the Fiscal Agent for cancellation. If such Notes are redeemed in full or are transferred for cancellation they shall be cancelled forthwith and may not be reissued or resold.

Appears in 5 contracts

Samples: Distribution Agreement (KfW), Distribution Agreement (KfW), Distribution Agreement (KFW International Finance Inc)

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