Common use of When Securities Presented for Repayment Become Due and Payable Clause in Contracts

When Securities Presented for Repayment Become Due and Payable. Any Securities surrendered for repayment as provided in this Article shall become due and payable and shall be paid by the Company on the Repayment Date therein specified, and on and after such Repayment Date (unless the Company shall default in the payment of such Securities on such Repayment Date) such Securities shall cease to bear interest. Upon surrender of any such Security for repayment in accordance with such provisions the Repayment Price of such Security to be repaid shall be paid by the Company, together with accrued interest, if any, to the Repayment Date; provided, however, that installments of interest whose Stated Maturity is on or prior to the Repayment Date shall be payable to the Holders of such Securities, or one or more 83 76 Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307. If the Repayment Price of any Security surrendered for repayment shall not be so paid upon surrender thereof, such Repayment Price (together with interest, if any, thereon accrued to such Repayment Date) shall, until paid, bear interest from the Repayment Date at the rate of interest borne by the Securities.

When Securities Presented for Repayment Become Due and Payable. Any Securities surrendered The Company covenants that on or before the Repayment Date the Company will deposit with the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregated and held as a separate trust fund as provided in Section 2.4) an amount of money sufficient to pay 100% of the principal of, and (except if the Repayment Date shall be an Interest Payment Date (as defined in the Notes)) accrued interest, if any, on, all the Notes or portions thereof, as the case may be, to be repaid on such date. If Notes providing for repayment at the option of the Holders thereof shall have been surrendered as provided in this Article and as provided by the terms of such Notes, such Notes or the portions thereof, as the case may be, to be repaid shall become due and payable and shall be paid by the Company on the Repayment Date therein specifiedDate, and on and after such Repayment Date (unless the Company shall default in the payment of such Securities Notes on such Repayment Date) interest on such Securities Notes or the portions thereof, as the case may be, shall cease to bear interest. Upon surrender of any such Security for repayment in accordance with such provisions the Repayment Price of such Security to be repaid shall be paid by the Company, together with accrued interest, if any, to the Repayment Date; provided, however, that installments of interest whose Stated Maturity is on or prior to the Repayment Date shall be payable to the Holders of such Securities, or one or more 83 76 Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307. If the Repayment Price of any Security surrendered for repayment shall not be so paid upon surrender thereof, such Repayment Price (together with interest, if any, thereon accrued to such Repayment Date) shall, until paid, bear interest from the Repayment Date at the rate of interest borne by the Securitiesaccrue.

When Securities Presented for Repayment Become Due and Payable. Any If Securities surrendered of any series providing for repayment at the option of the Holders thereof shall have been surrendered as provided in this Article and as provided by or pursuant to the terms of such Securities, such Securities or the portions thereof, as the case may be, to be repaid shall become due and payable and shall be paid by the Company Corporation on the Repayment Date therein specified, and on and after such Repayment Date (unless the Company Corporation shall default in the payment of such Securities on such Repayment Date) such Securities shall shall, if the same were interest-bearing, cease to bear interest. Upon surrender of any such Security for repayment in accordance with such provisions provisions, the Repayment Price principal amount of such Security so to be repaid shall be paid by the CompanyCorporation, together with accrued interest, if any, to the Repayment Date; provided, however, that that, in the case of Securities, installments of interest interest, if any, whose Stated Maturity is on or prior to the Repayment Date shall be payable to the Holders of such Securities, or one or more 83 76 Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307. If the Repayment Price principal amount of any Security surrendered for repayment shall not be so paid repaid upon surrender thereof, such Repayment Price principal amount (together with interest, if any, thereon accrued to such Repayment Date) shall, until paid, bear interest from the Repayment Date at the rate of interest borne by or Yield to Maturity (in the case of Original Issue Discount Securities) set forth in such Security.

When Securities Presented for Repayment Become Due and Payable. Any If Securities surrendered of any series providing for repayment at the option of the Holders thereof shall have been surrendered as provided in this Article Thirteen and as provided by or pursuant to the terms of such Securities, such Securities or the portions thereof, as the case may be, to be repaid shall become due and payable and shall be paid by the Company on the Repayment Date therein specified, and on and after such Repayment Date (unless the Company shall default in the payment of such Securities on such Repayment Date) such Securities shall shall, if the same were interest-bearing, cease to bear interestinterest and the coupons for such interest appertaining to any Bearer Securities so to be repaid, except to the extent provided below, shall be void. Upon surrender of any such Security for repayment in accordance with such provisions the Repayment Price of such Security to be repaid shall be paid by the Companyprovisions, together with accrued interestall coupons, if any, to appertaining thereto maturing after the Repayment Date; provided, however, that installments of interest whose Stated Maturity is on or prior to the Repayment Date shall be payable to the Holders of such Securities, or one or more 83 76 Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307. If the Repayment Price of any Security surrendered for repayment shall not be so paid upon surrender thereof, such Repayment Price (together with interest, if any, thereon accrued to such Repayment Date) shall, until paid, bear interest from the Repayment Date at the rate of interest borne by the Securities.Repayment

When Securities Presented for Repayment Become Due and Payable. Any If Securities surrendered of any series providing for repayment at the option of the Holders thereof shall have been surrendered as provided in this Article and as provided by or pursuant to the terms of such Securities, such Securities or the portions thereof, as the case may be, to be repaid shall become due and payable and shall be paid by the Company on the Repayment Date therein specified, and on and after such Repayment Date (unless the Company shall default in the payment of such Securities on such Repayment Date) such Securities shall shall, if the same were interest-bearing, cease to bear interest. Upon surrender of any such Security for repayment in accordance with such provisions provisions, the Repayment Price of such Security so to be repaid shall be paid by the Company, together with accrued interest, if any, to the Repayment Date; provided, however, that installments of interest interest, if any, whose Stated Maturity is on or prior to the Repayment Date shall be payable to the Holders of such Securities, or one or more 83 76 Predecessor Securitiespredecessor securities, registered as such at the close of business on the relevant Regular Record Dates according to their terms and the provisions of Section 307. If the Repayment Price principal amount of any Security surrendered for repayment shall not be so paid repaid upon surrender thereof, such Repayment Price principal amount (together with interest, if any, thereon accrued to such Repayment Date) shall, until paid, bear interest from the Repayment Date at the rate of interest borne or Yield to Maturity (in the case of Original Issue Discount Securities) set forth in or contemplated by the Securitiessuch Security.

When Securities Presented for Repayment Become Due and Payable. Any If Securities surrendered of any series providing for repayment at the option of the Holders thereof shall have been surrendered as provided in this Article and as provided by or pursuant to the terms of such Securities, such Securities or the portions thereof, as the case may be, to be repaid shall become due and payable and shall be paid by the Company on the Repayment Date therein specified, and on and after such Repayment Date (unless the Company shall default in the payment of such Securities on such Repayment Date) such Securities shall shall, if the same were interest-bearing, cease to bear interest. Upon surrender of any such Security for repayment in accordance with such provisions provisions, the Repayment Price principal amount of such Security so to be repaid shall be paid by the Company, together with accrued interest, if any, to the Repayment Date; provided, however, that that, in the case of Registered Securities, installments of interest interest, if any, whose Stated Maturity is on or prior to the Repayment Date shall be payable to the Holders of such Securities, or one or more 83 76 Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 3073.07. If the Repayment Price principal amount of any Security surrendered for repayment shall not be so paid repaid upon surrender thereof, such Repayment Price principal amount (together with interest, if any, thereon accrued to such Repayment Date) shall, until paid, bear interest from the Repayment Date at the rate of interest borne by or Yield to Maturity (in the case of Original Issue Discount Securities) set forth in such Security.

When Securities Presented for Repayment Become Due and Payable. Any If Securities surrendered of any series providing for repayment at the option of the Holders thereof shall have been surrendered as provided in this Article and as provided by or pursuant to the terms of such Securities, such Securities or the portions thereof, as the case may be, to be repaid shall become due and payable and shall be paid by the Company on the Repayment Date therein specified, and on and after such Repayment Date (unless the Company shall default in the payment of such Securities on such Repayment Date) such Securities shall shall, if the same were interest-bearing, cease to bear interest. Upon surrender of any such Security for repayment in accordance with such provisions the Repayment Price of such Security to be repaid shall be paid by the Company, together with accrued interest, if any, to the Repayment Date; provided, however, that installments of interest whose Stated Maturity is on or prior to the Repayment Date shall be payable to the Holders of such Securities, or one or more 83 76 Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307. If the Repayment Price of any Security surrendered for repayment shall not be so paid repaid upon surrender thereof, such the Repayment Price (together with interest, if any, thereon accrued to such Repayment Date) shall, until paid, bear interest from the Repayment Date at the rate of interest borne set forth in such Security or, in the case of an Original Issue Discount Security, at the Yield to Maturity of such Security (as determined by the SecuritiesCompany).