Common use of Right of Redemption of Securities Initially Issued to an Issuer Trust Clause in Contracts

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event, an Investment Company Event or a Capital Treatment Event, in whole (but not in part) at any time within 90 days following the occurrence and during the continuation of such Tax Event, Investment Company Event or Capital Treatment Event (or, if the approval of the Board of Governors of the Federal Reserve System is then required for such redemption, on such later date as promptly as reasonably practicable after such approval is obtained), in each case at a Redemption Price specified in such Security, together with accrued interest (including any Additional Interest) to but excluding the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Declaration of Trust related to the Issuer Trust to which such Securities were issued, including any requirement in such Declaration of Trust as to the minimum Liquidation Amount (as defined in such Declaration of Trust) of Preferred Securities that may be held by a holder of Preferred Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event, an Investment Company Event or a Capital Treatment Event, in whole (but not in part) at any time within 90 days following the occurrence and during the continuation of such Tax Event, Investment Company Event or Capital Treatment Event (or, if the approval of the Board of Governors of the Federal Reserve System is then required for such redemption, on such later date as promptly as reasonably practicable after such approval is obtained)Event, in each case at a Redemption Price specified in such Security, together with accrued interest (including any Additional Interest) to but excluding the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Declaration of Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Declaration of Trust Agreement as to the minimum Liquidation Amount (as defined in such Declaration of TrustTrust Agreement) of Preferred Capital Securities that may be held by a holder of Preferred Capital Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its optionoption and subject to receipt of the prior approval of the Federal Reserve, if then required under applicable Federal Reserve capital guidelines or policies, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event, an Investment Company Event or a Capital Treatment Event, in whole (but not in part) at any time within 90 days following the occurrence and during the continuation of such Tax Event, Investment Company Event or Capital Treatment Event Event, in whole (or, if the approval of the Board of Governors of the Federal Reserve System is then required for such redemption, on such later date as promptly as reasonably practicable after such approval is obtainedbut not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to but excluding the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Declaration of Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Declaration of Trust Agreement as to the minimum Liquidation Amount (as defined in such Declaration of TrustTrust Agreement) of Preferred Securities that may be held by a holder of Preferred Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the CorporationCompany, at its optionoption and subject to receipt of prior approval by the Federal Reserve if such approval is then required under applicable capital guidelines or policies, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event, a Capital Treatment Event or an Investment Company Event or a Capital Treatment Event, in whole (but not in part) at any time within 90 days following the occurrence and during the continuation of such Tax Event, Investment Company Event or Capital Treatment Event or Investment Company Event, in whole (or, if the approval of the Board of Governors of the Federal Reserve System is then required for such redemption, on such later date as promptly as reasonably practicable after such approval is obtainedbut not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to but excluding the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Declaration of Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Declaration of Trust Agreement as to the minimum Liquidation Amount (as defined in such Declaration of TrustTrust Agreement) of Preferred Capital Securities that may be held by a holder of Preferred Capital Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event, an Investment Company Event or a Capital Treatment Event, in whole (but not in part) at any time within 90 days following the occurrence and during the continuation of such Tax Event, Investment Company Event or Capital Treatment Event Event, in whole (or, if the approval of the Board of Governors of the Federal Reserve System is then required for such redemption, on such later date as promptly as reasonably practicable after such approval is obtainedbut not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to but excluding the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Declaration of Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Declaration of Trust Agreement as to the minimum Liquidation Amount (as defined in such Declaration of TrustTrust Agreement) of Preferred Securities that may be held by a holder of Preferred Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its optionoption and subject to receipt of prior approval by the Federal Reserve if such approval is then required under applicable capital guidelines or policies, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event, an Investment Company Event or a Capital Treatment Event, in whole (but not in part) at any time within 90 days following the occurrence and during the continuation of such Tax Event, Investment Company Event or Capital Treatment Event Event, in whole (or, if the approval of the Board of Governors of the Federal Reserve System is then required for such redemption, on such later date as promptly as reasonably practicable after such approval is obtainedbut not in part), in each case at a Redemption Price of 100% unless specified in such Security, together with accrued interest (including any Additional Interest) to but excluding the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Declaration of Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Declaration of Trust Agreement as to the minimum Liquidation Amount (as defined in such Declaration of TrustTrust Agreement) of Preferred Capital Securities that may be held by a holder of Preferred Capital Securities thereunder.

Right of Redemption of Securities Initially Issued to an Issuer Trust. In the case of the Securities of a series initially issued to an Issuer Trust, except as otherwise specified as contemplated by Section 3.1, the Corporation, at its option, may redeem such Securities (i) on or after the date specified in such Security, in whole at any time or in part from time to time, or (ii) upon the occurrence and during the continuation of a Tax Event, an Investment Company Event or a Capital Treatment Event, in whole (but not in part) at any time within 90 days following the occurrence and during the continuation of such Tax Event, Investment Company Event or Capital Treatment Event Event, in whole (or, if the approval of the Board of Governors of the Federal Reserve System is then required for such redemption, on such later date as promptly as reasonably practicable after such approval is obtainedbut not in part), in each case at a Redemption Price specified in such Security, together with accrued interest (including any Additional Interest) to to, but excluding excluding, the Redemption Date. If less than all the Securities of any such series are to be redeemed, the aggregate principal amount of such Securities remaining Outstanding after giving effect to such redemption shall be sufficient to satisfy any provisions of the Declaration of Trust Agreement related to the Issuer Trust to which such Securities were issued, including any requirement in such Declaration of Trust Agreement as to the minimum Liquidation Amount (as defined in such Declaration of TrustTrust Agreement) of Preferred Capital Securities that may be held by a holder of Preferred Capital Securities thereunder.