Common use of Optional Repayment Clause in Contracts

Optional Repayment. If so specified above, this Note will be repayable prior to the Stated Maturity Date at the option of the registered holder on the Optional Repayment Date(s), if any, specified above. IF NO OPTIONAL REPAYMENT DATES ARE SET FORTH ABOVE, THIS NOTE MAY NOT BE SO REPAID AT THE OPTION OF THE HOLDER HEREOF PRIOR TO THE STATED MATURITY DATE. On any Optional Repayment Date, this Note shall be repayable in whole or in part at the option of the holder hereof at a repayment price equal to 100% of the principal amount to be repaid, together with interest thereon payable to the date of repayment. For this Note to be repaid in whole or in part at the option of the holder hereof, this Note must be received, with the form below entitled “Option to Elect Repayment” duly completed, by the Trustee at The Bank of New York, 000 Xxxxxxx Xxxxxx, New York, New York 10186, or such other address of which the Corporation from time to time shall notify the holders of the Notes, not more than 60 nor less than 30 calendar days prior to an Optional Repayment Date. Exercise of such repayment option by the holder hereof shall be irrevocable.

Appears in 4 contracts

Samples: Bank of America Corp /De/, Bank of America Corp /De/, Bank of America Corp /De/

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Optional Repayment. If so specified above, this Note will be repayable prior to the Stated Maturity Date at the option of the registered holder on the Optional Repayment Date(s), if any, specified above. IF NO OPTIONAL REPAYMENT DATES ARE SET FORTH ABOVE, THIS NOTE MAY NOT BE SO REPAID AT THE OPTION OF THE HOLDER HEREOF PRIOR TO THE STATED MATURITY DATE. On any Optional Repayment Date, this Note shall be repayable in whole or in part at the option of the holder hereof at a repayment price equal to 100% of the principal amount to be repaid, together with interest thereon payable to the date of repayment. For this Note to be repaid in whole or in part at the option of the holder hereof, this Note must be received, with the form below entitled "Option to Elect Repayment" duly completed, by the Trustee at The Bank of New York, 000 Xxxxxxx Xxxxxx, New York, New York 10186, or such other address of which the Corporation from time to time shall notify the holders of the Notes, not more than 60 nor less than 30 calendar days prior to an Optional Repayment Date. Exercise of such repayment option by the holder hereof shall be irrevocable.

Appears in 4 contracts

Samples: Bank of America Corp /De/, Bank of America Corp /De/, Bank of America Corp /De/

Optional Repayment. If so specified aboveIn accordance with and subject to the ------------------ terms and conditions provided in the applicable Note and Pricing Supplement, this such Note will be repayable prior to the its Stated Maturity Date at the option of the registered holder Holder on the Optional Repayment Date(s), if any, specified above. IF NO OPTIONAL REPAYMENT DATES ARE SET FORTH ABOVE, THIS NOTE MAY NOT BE SO REPAID AT THE OPTION OF THE HOLDER HEREOF PRIOR TO THE STATED MATURITY DATE. On any Optional Repayment Date, this Note shall be repayable in whole or in part Prepayment Option Dates and at the option of Prepayment Option Prices provided in the holder hereof at a repayment price equal applicable Note together with accrued interest to 100% of such date. Unless otherwise provided in the principal amount applicable Note and Pricing Supplement, in order for the Note to be repaid, together with interest thereon payable to the date of repayment. For this Note to be repaid in whole Issuer (or in part at the option Issuing and Paying Agent, on behalf of the holder hereofIssuer) must receive, this at least thirty (30) but not more than forty-five (45) days prior to an Prepayment Option Date, the Note must be receivedand the form, with the form below entitled "Option to Elect Repayment" included with such Note at the time of its issue, duly completed, by the Trustee at The Bank of New York, 000 Xxxxxxx Xxxxxx, New York, New York 10186, or such other address of which the Corporation from time to time shall notify the holders of the Notes, not more than 60 nor less than 30 calendar days prior to an Optional Repayment Date. Exercise of such this repayment option by the holder hereof shall be irrevocable, except as otherwise provided under Section 13 (c) below. If so provided in the applicable Note, the repayment option may be exercised by the Holder of such Note for less than the aggregate principal amount of the Note then outstanding provided that the principal amount of the Note remaining outstanding after repayment is in an Authorized Denomination. Upon such partial repayment the Note shall be cancelled and a new Note or Notes of like tenor and terms for the remaining principal amount thereof shall be issued in the name of the Holder.

Appears in 1 contract

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

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Optional Repayment. If so specified aboveIn accordance with and subject to the terms and conditions provided in the applicable Note and Pricing Supplement, this such Note will be repayable prior to the its Stated Maturity Date at the option of the registered holder Holder on the Optional Repayment Date(s), if any, specified above. IF NO OPTIONAL REPAYMENT DATES ARE SET FORTH ABOVE, THIS NOTE MAY NOT BE SO REPAID AT THE OPTION OF THE HOLDER HEREOF PRIOR TO THE STATED MATURITY DATE. On any Optional Repayment Date, this Note shall be repayable in whole or in part Prepayment Option Dates and at the option of Prepayment Option Prices provided in the holder hereof at a repayment price equal applicable Note together with accrued interest to 100% of such date. Unless otherwise provided in the principal amount applicable Note and Pricing Supplement, in order for the Note to be repaid, together with interest thereon payable to the date of repayment. For this Note to be repaid in whole Issuer (or in part at the option Issuing and Paying Agent, on behalf of the holder hereofIssuer) must receive, this at least thirty (30) but not more than forty-five (45) days prior to an Prepayment Option Date, the Note must be receivedand the form, with the form below entitled "Option to Elect Repayment" included with such Note at the time of its issue, duly completed, by the Trustee at The Bank of New York, 000 Xxxxxxx Xxxxxx, New York, New York 10186, or such other address of which the Corporation from time to time shall notify the holders of the Notes, not more than 60 nor less than 30 calendar days prior to an Optional Repayment Date. Exercise of such this repayment option by the holder hereof shall be irrevocable, except as otherwise provided under Section 13 (c) below. If so provided in the applicable Note, the repayment option may be exercised by the Holder of such Note for less than the aggregate principal amount of the Note then outstanding provided that the principal amount of the Note remaining outstanding after repayment is in an Authorized Denomination. Upon such partial repayment the Note shall be cancelled and a new Note or Notes of like tenor and terms for the remaining principal amount thereof shall be issued in the name of the Holder.

Appears in 1 contract

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

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