Common use of Repurchase of Securities Clause in Contracts

Repurchase of Securities. The Issuer or any subsidiary of the Issuer may at any time subject to prior approval of the FSA, if such approval is required under applicable Japanese laws or regulations then in effect, purchase any or all of the Securities in the open market or otherwise at any price. Upon such repurchase, the Trustee shall, in accordance with Section 2.10, cancel any Securities so purchased that are surrendered to it. Subject to applicable law, neither the Issuer nor any subsidiary of the Issuer shall have any obligation to offer to purchase any Securities held by any Holder as a result of its purchase or offer to purchase Securities held by any other Holder in the open market or otherwise. The provisions of this Section 11.06 are subject to modification in accordance with Section 2.03.

Repurchase of Securities. The Issuer or any subsidiary of the Issuer may at any time subject to prior approval confirmation of the FSA, if such approval confirmation is required under applicable Japanese laws or regulations then in effectthe Applicable Capital Adequacy Regulations, purchase any or all of the Securities in the open market or otherwise at any price. Upon such repurchase, the Trustee shall, in accordance with Section 2.10, cancel any Securities so purchased that are surrendered to it. Subject to applicable law, neither the Issuer nor any subsidiary of the Issuer shall have any obligation to offer to purchase any Securities held by any Holder as a result of its purchase or offer to purchase Securities held by any other Holder in the open market or otherwise. The provisions of this Section 11.06 11.08 are subject to modification in accordance with Section 2.03.

Repurchase of Securities. The Issuer or any subsidiary of the Issuer may at any time subject to prior approval confirmation of the FSA, if such approval confirmation is required under applicable Japanese laws or regulations then in effect, purchase any or all of the Securities in the open market or otherwise at any price. Upon such repurchase, the Trustee shall, in accordance with Section 2.10, cancel any Securities so purchased that are surrendered to it. Subject to applicable law, neither the Issuer nor any subsidiary of the Issuer shall have any obligation to offer to purchase any Securities held by any Holder as a result of its purchase or offer to purchase Securities held by any other Holder in the open market or otherwise. The provisions of this Section 11.06 are subject to modification in accordance with Section 2.03.. [Signature page follows]

Repurchase of Securities. The Issuer or any subsidiary of the Issuer may at any time subject to prior approval confirmation of the FSA, if such approval confirmation is required under applicable Japanese laws or regulations then in effectthe Applicable Banking Regulations, purchase any or all of the Securities in the open market or otherwise at any price. Upon such repurchase, the Trustee shall, in accordance with Section 2.10, cancel any Securities so purchased that are surrendered to it. Subject to applicable law, neither the Issuer nor any subsidiary of the Issuer shall have any obligation to offer to purchase any Securities held by any Holder as a result of its purchase or offer to purchase Securities held by any other Holder in the open market or otherwise. The provisions of this Section 11.06 11.07 are subject to modification in accordance with Section 2.03.