Maturity, [Early Redemption,] Repurchase. (1) The Bonds shall be redeemed at par on . Subject to the provisions of [Insert in case of a call option: §4(2) below and] § 7, neither the Issuer nor any Holder shall be entitled to redeem the Bonds prior to their stated maturity. (2) [Insert in case of a call option: The Bonds may be redeemed, as a whole but not in part, at par on at the option of the Issuer upon not less than five New York Business Days (as defined in § 5(3)) prior written notice given in accordance with § 10 together with interest accrued to, but excluding, the redemption date.] (3) The Issuer may at any time purchase and resell Bonds in the open market or otherwise at any price.
Appears in 2 contracts
Samples: Subscription Agreement (KfW), Subscription Agreement (KfW)
Maturity, [Early Redemption,] Repurchase. (1) The Bonds shall be redeemed at par on __________. Subject to the provisions of [Insert in case of a call option: §4(2) below and] § 7, neither the Issuer nor any Holder shall be entitled to redeem the Bonds prior to their stated maturity.
(2) [Insert in case of a call option: The Bonds may be redeemed, as a in whole but not in part, at par on ___________ at the option of the Issuer upon not less than five New York Business Days (as defined in § 5(3)) prior written notice given in accordance with § 10 at par together with interest accrued to, but excluding, the early redemption date.]
(3) The Issuer may at any time purchase and resell Bonds in the open market or otherwise at any price.
Appears in 1 contract
Samples: Agency Agreement (KfW)
Maturity, [Early Redemption,] Repurchase. (1) The Bonds Notes shall be redeemed at par on _________. Subject to the provisions of [Insert in the case of a call option: §§ 4(2) below and] § 7, neither the Issuer nor any Holder shall be entitled to redeem the Bonds Notes prior to their stated maturity.
(2) [Insert in the case of a call option: The Bonds Notes may be redeemed, as a in whole but not in part, at par on __________________ at the option of the Issuer upon not less than five New York Business Days (as defined in § 5(35(4)) prior written notice given in accordance with § 10 at par together with interest accrued to, but excluding, the early redemption date.]
] [(3) )] The Issuer may at any time purchase and resell Bonds Notes in the open market or otherwise at any price.
Appears in 1 contract
Samples: Agency Agreement (KfW)