Common use of Securities Repaid in Part Clause in Contracts

Securities Repaid in Part. Any Security which by its terms may be purchased or repaid by the Company in part at the option of the Holder and which is to be purchased or repaid only in part by the Company shall be surrendered at any office or agency of the Company designated for that purpose pursuant to Section 1002 (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unpurchased or unrepaid portion of the principal of the Security so surrendered.

Securities Repaid in Part. Any Security which that by its terms may be purchased or repaid by the Company Bank in part at the option of the Holder and which that is to be purchased or repaid only in part by the Company Bank shall be surrendered at any office or agency of the Company Bank designated for that purpose pursuant to Section 1002 (with, if the Company Bank or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company Bank and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company Bank shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unpurchased or unrepaid portion of the principal of the Security so surrendered.

Securities Repaid in Part. Any Security which that by its terms may be purchased or repaid by the Company in part at the option of the Holder and which that is to be purchased or repaid only in part by the Company shall be surrendered at any office or agency of the Company designated for that purpose pursuant to Section 1002 (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unpurchased or unrepaid portion of the principal of the Security so surrendered.

Securities Repaid in Part. Any Security which by its terms may be purchased or repaid by the Company in part at the option of the Holder and which is to be purchased or repaid only in part by the Company shall be surrendered at any office or agency of the Company designated for that purpose pursuant to Section 1002 (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series, of any authorized denomination as requested by such Holder, in aggregate principal amount Amount Payable at Maturity equal to and in exchange for the unpurchased or unrepaid portion of the principal Amount Payable at Maturity of the Security so surrendered.

Securities Repaid in Part. Any Security which that by its terms may be purchased or repaid by the Company Issuer in part at the option of the Holder and which that is to be purchased or repaid only in part by the Company Issuer shall be surrendered at any office or agency of the Company Issuer designated for that purpose pursuant to Section 1002 (with, if the Company Issuer or the Trustee so requiresrequire, due endorsement by, or a written instrument of transfer in form satisfactory to the Company Issuer and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company Issuer shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unpurchased or unrepaid portion of the principal of the Security so surrendered.