Common use of Zero Coupon Notes Clause in Contracts

Zero Coupon Notes. If a Zero Coupon Note becomes due and repayable prior to the Maturity Date and is not paid when due, the amount due and repayable shall be the Amortized Face Amount (as defined in Condition 6(f)) of such Note as determined in accordance with Condition 6(f)(iii). From the Maturity Date, any overdue principal of such Note shall bear interest at a rate per annum equal to the accrual yield, if any, in respect of such Notes (the “Accrual Yield”) (expressed as a percentage per annum) set forth in the applicable Final Terms.

Appears in 4 contracts

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

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Zero Coupon Notes. If a Zero Coupon Note becomes due and repayable prior to the Maturity Date and is not paid when due, the amount due and repayable shall be the Amortized Face Amount (as defined in Condition 6(f5(g)) of such Note as determined in accordance with Condition 6(f)(iii5(g)(iii). From the Maturity Date, any overdue principal of such Note shall bear interest at a rate per annum equal to the accrual yield, if any, in respect of such Notes (the “Accrual Yield”) (expressed as a percentage per annum) set forth in the applicable Final TermsPricing Supplement.

Appears in 1 contract

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

Zero Coupon Notes. If a Zero Coupon Note becomes due and repayable prior to the Maturity Date and is not paid when due, the amount due and repayable shall be the Amortized Face Amount (as defined in Condition 6(f)5(f) of such Note as determined in accordance with Condition 6(f)(iii5(f)(iii). From the Maturity Date, any overdue principal of such Note shall bear interest at a rate per annum equal to the accrual accrual, yield, if any, in respect of such Notes (the “Accrual Yield”) (expressed as a percentage per annum) set forth in the applicable Final Terms.

Appears in 1 contract

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

Zero Coupon Notes. If a Zero Coupon Note becomes due and repayable prior to the Maturity Date and is not paid when due, the amount due and repayable shall be the Amortized Face Amount (as defined in General Note Condition 6(f7(e)) of such Note as determined in accordance with General Note Condition 6(f)(iii6(e)(iii). From the Maturity Date, any overdue principal of such Note shall bear interest at a rate per annum equal to the accrual yield, if any, in respect of such Notes (the “Accrual Yield”) (expressed as a percentage per annum) set forth in the applicable Final Terms.

Appears in 1 contract

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

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Zero Coupon Notes. If a Zero Coupon Note becomes due and repayable prior to the Maturity Date and is not paid when due, the amount due and repayable shall be the Amortized Face Amount (as defined in Condition 6(f)) of such Note as determined in accordance with Condition 6(f)(iii). From the Maturity Date, any overdue principal of such Note shall bear interest at a rate per annum equal to the accrual yield, if any, in respect of such Notes (the "Accrual Yield") (expressed as a percentage per annum) set forth in the applicable Final Terms.

Appears in 1 contract

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

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