Sears Rxxxxxx Acceptance Corp Sample Clauses

Sears Rxxxxxx Acceptance Corp. 6.70% Note due November 15, 2006 6.70% 6.70% Due 2006 Due 2006 Sears Rxxxxxx Acceptance Corp., a corporation organized and existing under the laws of the State of Delaware (hereinafter called the "Company"), for value received, hereby promises to pay to , or registered assigns, the principal sum of Dollars upon presentation and surrender of this Note, on the fifteenth day of November, 2006, at the office or agency of the Company in the Borough of Manhattan in The City of New York or, at the option of the holder hereof, such office or agency, if any, maintained by the Company in the city in which the principal executive offices of the Company are located or the city in which the principal corporate trust office of the Trustee is located, in such coin or currency of the United States of America as at the time of payment is legal tender for public and private debts, and to pay interest on said principal sum at the rate of 6.70% per annum, either, at the option of the Company, by check mailed to the address of the person entitled thereto as such address shall appear on the Security Register or at either of such offices or agencies, in like coin or currency, from the May 15 or November 15, as the case may be, next preceding the date hereof to which interest has been paid on the Notes referred to on the reverse hereof (unless the date hereof is the date to which interest has been paid on such Notes, in which case from the date hereof, or unless the date hereof is prior to May 15, 1997, in which case from November 25, 1996), semiannually, commencing on May 15, 1997, on May 15 and November 15, until payment of said principal sum has been made or duly provided for. Notwithstanding the foregoing, if this Note is dated after any May 1 and before the following May 15, or after any November 1 and before the following November 15, then this Note shall bear interest from such following May 15 or November 15, provided, however, that if the Company shall default in the payment of interest due on such following May 15 or November 15, this Note shall bear interest from the next preceding May 15 or November 15 to which interest has been paid on such Notes, or if no interest has been paid on such Notes, then from November 25, 1996. The interest so payable on any May 15 or November 15 will, subject to certain exceptions provided in the Indenture referred to on the reverse hereof, be paid to the person in whose name this Note is registered at the close of business on the May 1 p...

Sears Rxxxxxx Acceptance Corp. By ______________________________ President By________________________________ Vice President, Finance and Assistant Secretary [Corporate Seal] [FORM OF TRUSTEE'S CERTIFICATE OF AUTHENTICATION] This is one of the Securities of the series designated and referred to in the within-mentioned Indenture. The Chase Manhattan Bank as Trustee By:____________________________ Authorized Officer [FORM OF REVERSE SIDE OF NOTE] SEARS RXXXXXX ACCEPTANCE CORP.