Common use of Status of the Senior Notes and the Subordinated Notes Clause in Contracts

Status of the Senior Notes and the Subordinated Notes. The Notes may be issued in one or more Series as unsecured debt securities, which may be either senior notes (“Senior Notes”) or subordinated notes (“Subordinated Notes”). The Notes are not deposits and are not insured by the Federal Deposit Insurance Corporation (the “FDIC”). Under the Program, there is no limitation on the Issuer’s ability to issue additional Senior Indebtedness (as defined below) or Subordinated Notes.

Appears in 3 contracts

Samples: Agency Agreement (Bank of America Corp /De/), Agency Agreement (Bank of America Corp /De/), Agency Agreement (Bank of America Corp /De/)

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Status of the Senior Notes and the Subordinated Notes. The Notes may be issued in one or more Series as unsecured debt securities, which may be either senior notes (“Senior Notes”) or subordinated notes (“Subordinated Notes”). The Notes are not deposits and are not insured by the U.S. Federal Deposit Insurance Corporation (the “FDIC”). Under the Program, there is no limitation on the Issuer’s ability to issue additional Senior Indebtedness (as defined below) or Subordinated Notes.

Appears in 2 contracts

Samples: Supplemental Agreement (Bank of America Corp /De/), Agency Agreement (Bank of America Corp /De/)

Status of the Senior Notes and the Subordinated Notes. The Notes may be issued in one or more Series as unsecured debt securities, which may be either senior notes (“Senior Notes”) or subordinated notes (“Subordinated Notes”). The Notes are not deposits and are not insured by the Federal Deposit Insurance Corporation (the “FDIC”). Under the Program, there is no limitation on the Issuer’s ability to issue additional Senior Indebtedness (as defined below) or Subordinated Notes.

Appears in 1 contract

Samples: Agency Agreement (Bank of America Corp /De/)

Status of the Senior Notes and the Subordinated Notes. The Notes may be issued in one or more Series as unsecured debt securities, which may be either senior notes ("Senior Notes") or subordinated notes ("Subordinated Notes"). The Notes are not deposits and are not insured by the U.S. Federal Deposit Insurance Corporation (the "FDIC"). LN2-9694 12 Under the Program, there is no limitation on the Issuer’s 's ability to issue additional Senior Indebtedness (as defined below) or Subordinated Notes.

Appears in 1 contract

Samples: Supplemental Agreement (Bank of America Corp /De/)

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Status of the Senior Notes and the Subordinated Notes. The Notes may be issued in one or more Series as unsecured debt securities, which may be either senior notes (“Senior Notes”) or subordinated notes (“Subordinated Notes”). InterNotes will be issued as the Corporation’s Senior Fixed-Rate Notes or Floating-Rate Notes. The Notes are Bank will not deposits and are not insured by the Federal Deposit Insurance Corporation (the “FDIC”). Under the Program, there is no limitation on the Issuer’s ability to issue additional Senior Indebtedness (as defined below) or Subordinated NotesInterNotes.

Appears in 1 contract

Samples: Agency Agreement (Bank of America Corp /De/)

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