Common use of Right of Redemption of Securities Initially Issued to an Issuer Trust Clause in Contracts

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policies, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment Event, at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Preferred Securities that may be held by a holder of Preferred Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1301, the CorporationCompany, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment an Investment Company Event, at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Investment Company Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Preferred Securities that may be held by a holder of Preferred Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the CorporationCompany, at its option and subject to receipt of the prior approval of by the Federal Reserve, Reserve if such approval is then required under applicable Federal Reserve capital guidelines or policies, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event or Event, a Capital Treatment Event or an Investment Company Event, at any time within 90 days following the occurrence and during the continuation of such Tax Event, Capital Treatment Event or Capital Treatment Investment Company Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Preferred Capital Securities that may be held by a holder of Preferred Capital Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer the Trust, except as otherwise specified as contemplated by Section 3.1, the CorporationCompany, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment Special Event, at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Investment Company Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest, if any) to the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) ), if any, of Preferred Securities that may be held by a holder of Preferred Securities thereunderunder such Trust Agreement.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment Event, in whole (but not in part) at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to but excluding the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Preferred Capital Securities that may be held by a holder of Preferred Capital Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event, an Investment Company Event or a Capital Treatment Event, in whole (but not in part) at any time within 90 days following the occurrence and during the continuation of such Tax Event, Investment Company Event or Capital Treatment EventEvent (or, in whole (but not in partif the approval of the Board of Governors of the Federal Reserve System is then required for such redemption, on such later date as promptly as reasonably practicable after such approval is obtained), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to but excluding the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Declaration of Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Declaration of Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust AgreementDeclaration of Trust) of Preferred Securities that may be held by a holder of Preferred Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment Event, in whole (but not in part) at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to but excluding the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Preferred Capital Securities that may be held by a holder of Preferred Capital Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment Event, at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Preferred Securities that may be held by a holder of Preferred Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option and subject to receipt of the prior approval of by the Federal Reserve, Reserve if such approval is then required under applicable Federal Reserve capital guidelines or policies, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment Event, at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Preferred Capital Securities that may be held by a holder of Preferred Capital Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the CorporationCompany, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon prior to the occurrence and during date specified in the continuation of a Tax Event or a Capital Treatment EventSecurity, in whole (but not in part) at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Event, in whole Investment Company Event (but not in partthe "90-Day Period"), in each case at a Redemption Price of equal to the accrued and unpaid interest on such Securities to the date fixed for redemption plus 100% of the principal amount set forth on such Security, unless otherwise specified in such Security; provided, together with accrued interest (including any Additional Interest) however that if at the time there is available to the Redemption DateCompany or the Issuer Trust the opportunity to eliminate, within the 90-Day Period, the Tax Event or Investment Company Event by taking some ministerial action ("Ministerial Action"), such as filing a form or making an election, or pursuing some other similar reasonable measure that will have no adverse effect on the Company, the Issuer Trust or the holders of the Trust Securities and will involve no material cost, the Company shall pursue such measures in lieu of redemption; provided, further, that the Company shall have no right to redeem the Securities while the Issuer Trust is pursuing any Ministerial Action pursuant to the Trust Agreement. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Preferred Securities that may be held by a holder of Preferred Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the CorporationCompany, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment an Investment Company Event, at any time within 90 120 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Investment Company Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest, if any) to the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) ), if any, of Preferred Capital Securities that may be held by a holder under such Trust Agreement. Notwithstanding any provision of Preferred Securities thereunderthis Article XI or any other provision of this Indenture, each redemption of any Security is subject to Article XIII.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, time or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment Event, at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to the Redemption Date. 167 If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Trust Preferred Securities that may be held by a holder of Trust Preferred Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, time or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment Event, at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Trust Preferred Securities that may be held by a holder of Trust Preferred Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the CorporationCompany, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment an Investment Company Event, at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment EventInvestment Company Event (the "90-Day Period"), in whole (but not in part), in each case at a Redemption Price of equal to the accrued and unpaid interest on such Securities to the date fixed for redemption plus 100% of the principal amount set forth on such Security, unless otherwise specified in such Security; provided, together with accrued interest (including any Additional Interest) however that if at the time there is available to the Redemption DateCompany or the Issuer Trust the opportunity to eliminate, within the 90-Day Period, the Tax Event or Investment Company Event by taking some ministerial action ("Ministerial Action"), such as filing a form or making an election, or pursuing some other similar reasonable measure that will have no adverse effect on the Company, the Issuer Trust or the holders of the Trust Securities and will involve no material cost, the Company shall pursue such measures in lieu of redemption; provided, further, that the Company shall have no right to redeem the Securities while the Issuer Trust is pursuing any Ministerial Action pursuant to the Trust Agreement. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Preferred Securities that may be held by a holder of Preferred Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, time or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment Event, at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to the Redemption Date. 178 If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Trust Preferred Securities that may be held by a holder of Trust Preferred Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment Event, at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to to, but excluding, the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Preferred Capital Securities that may be held by a holder of Preferred Capital Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment Event, at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Preferred Securities that may be held by a holder of Preferred Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policiesoption, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event or a Capital Treatment Event, at any time within 90 days following the occurrence and during the continuation of such Tax Event or Capital Treatment Event, in whole (but not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Trust Agreement as to the minimum Liquidation Amount (as defined in such Trust Agreement) of Preferred Securities that may be held by a holder of Preferred Securities thereunder.