Common use of Indexed Notes Clause in Contracts

Indexed Notes. If this Note is specified on the face hereof as a Note Linked to Securities of One or More Issuers, One or More Currencies, One or More Commodities, Indices, or any Other Instrument(s) or Measure(s) or Baskets of any of the Foregoing, the principal amount payable and/or the amount of interest payable on any Interest Payment Date shall be determined by reference to one or more securities, currencies, commodities, indices or any other instrument or measure, a basket of any of the foregoing or the value of one or more currencies as compared to the value of one or more other currencies, and payment of principal, premium, if any, and interest on this Note shall be made as set forth on the face hereof and/or in accordance with Schedule II, attached hereto. (i) Holders of an indexed Note may receive an amount at maturity that is greater than or less than the face amount of such Note, depending upon the value of the applicable index property at maturity. The value of the applicable index property will fluctuate over time. (ii) This indexed Note may provide either for cash settlement or for physical settlement by delivery of the index property or another similar property. An indexed note may also provide that the form of settlement may be determined at the Company's option or at the Holder's option. If so specified on the face hereof, this indexed Note is exchangeable, at the Company's option or the Holder's option, as specified, for securities of an issuer other than the Company. (iii) No Holder of this indexed Note will, as such, have any rights of a Holder of the index property referenced in this indexed Note or deliverable upon settlement, including any right to receive payment thereunder.

Indexed Notes. If this Note is specified on the face hereof as a Note Linked to Securities of One or More Issuers, One or More Currencies, One or More Commodities, Indices, or any Other Instrument(s) or Measure(s) or Baskets of any of the Foregoing, the principal amount payable and/or the amount of interest payable on any Interest Payment Date shall be determined by reference to one or more securities, currencies, commodities, indices or any other instrument or measure, a basket of any of the foregoing or the value of one or more currencies as compared to the value of one or more other currencies, and payment of principal, premium, if any, and interest on this Note shall be made as set forth on the face hereof and/or in accordance with Schedule II, attached hereto. (i) Holders of an indexed Note may receive an amount at maturity that is greater than or less than the face amount of such Note, depending upon the value of the applicable index property at maturity. The value of the applicable index property will fluctuate over time. (ii) This indexed Note may provide either for cash settlement or for physical settlement by delivery of the index property or another similar property. An indexed note Note may also provide that the form of settlement may be determined at the Company's ’s option or at the Holder's ’s option. If so specified on the face hereof, this indexed Note is exchangeable, at the Company's ’s option or the Holder's ’s option, as specified, for securities of an issuer other than the Company. (iii) No Holder of this indexed Note will, as such, have any rights of a Holder of the index property referenced in this indexed Note or deliverable upon settlement, including any right to receive payment thereunder.