Common use of Final Repayment Date Clause in Contracts

Final Repayment Date. The principal of, and all accrued and unpaid interest on, all outstanding JSNs shall be due and payable on the Final Repayment Date, regardless of the amount of Qualifying Capital Securities the Company may have issued and sold by that time. Initially, the Final Repayment Date will be December 1, 2066. The Company may elect to extend the initial Final Repayment Date up to two times in ten-year increments on either or both of December 15, 2016 and December 15, 2026 (each such date, an “Extension Date”), and as a result the Final Repayment Date may be extended to December 1, 2076 (if the election is made on only one Extension Date) or December 1, 2086 (if the election is made on both Extension Dates), if all the following criteria are satisfied:

Final Repayment Date. The principal of, and all accrued and unpaid interest on, all outstanding JSNs shall LoTSSM will be due and payable on the Final Repayment Date, regardless of the amount of Qualifying Capital Securities or Qualifying APM Securities the Company may have issued and sold by that time. Initially, the Final Repayment Date will be December 1, 20662067. The Company may elect to extend the initial Final Repayment Date up to two times in ten-year increments on either or both of December 15, 2016 2017 and December 15, 2026 2027 (each such date, an “Extension Date”), and as a result the Final Repayment Date may be extended to December 1, 2076 2077 (if the election is made on only one Extension Date) or December 1, 2086 2087 (if the election is made on both Extension Dates), if all the following criteria are satisfied:

Final Repayment Date. The principal of, and all accrued and unpaid interest on, all outstanding JSNs shall LoTSSM will be due and payable on the Final Repayment Date, regardless of the amount of Qualifying Capital Securities or Qualifying APM Securities the Company may have issued and sold by that time. Initially, the Final Repayment Date will be December March 1, 20662067. The Company may elect to extend the initial Final Repayment Date up to two times in ten-year increments on either or both of December March 15, 2016 2017 and December March 15, 2026 2027 (each such date, an “Extension Date”), and as a result the Final Repayment Date may be extended to December 1Xxxxx 0, 2076 0000 (if xx the election is made on only one Extension Date) or December 1Xxxxx 0, 2086 0000 (if xx the election is made on both Extension Dates), if all the following criteria are satisfied: