Renewable Notes. If this Note is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith as a Renewable Note, this Note will mature on an Interest Payment Date occurring in or prior to the twelfth month following the Original Issue Date of this Note (the "Initial Maturity Date") unless the term of all or any portion of this Note is renewed in accordance with the following procedures: On the Interest Payment Date occurring in the sixth month (unless a different interval (the "Special Election Interval") is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith) prior to the Initial Maturity Date of this Note (the "Initial Renewal Date") and on the Interest Payment Date occurring in each sixth month (or in the last month of each Special Election Interval) after such Initial Renewal Date (each, together with the Initial Renewal Date, a "Renewal Date"), the term of this Note may be extended to the Interest Payment Date occurring in the twelfth month (or, if a Special Election Interval is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith, the last month in a period equal to twice the Special Election Interval) after such Renewal Date, if the Holder of this Note elects to extend the term of this Note or any portion thereof as described below. If the Holder does not elect to extend the term of any portion of the principal amount of this Note during the specified period prior to any Renewal Date, such portion will become due and payable on the Interest Payment Date occurring in the sixth month (or the last month in the Special Election Interval) after such Renewal Date (the "New Maturity Date"). The Holder may elect to renew the term of this Note, or if so specified, any portion thereof, by delivering a notice to such effect to the Trustee (or any duly appointed paying agent) at the corporate trust office of the Trustee or agency of the Trustee in the City of New York not less than 15 nor more than 30 days prior to such Renewal Date, unless another period is specified on the face hereof or in the pricing supplement attached hereto or delivered herewith. Such election will be irrevocable and will be binding upon each subsequent Holder of this Note. An election to renew the term of this Note may be exercised with respect to less than the entire principal amount of this Note only if so specified on the face hereof or in the pricing supplement attached hereto ...
Renewable Notes. If this Note is a Renewable Note, this Note will mature at Stated Maturity (the "Initial Maturity Date"), unless the Maturity of all or any portion of the principal amount thereof is extended in accordance with the procedures described below. On Election Date (which must be an Interest Payment Date), the Maturity of this Note will be extended to the Interest Payment Date occurring twelve months after such Election Date, unless the holder elects to terminate the automatic extension of the Maturity of this Note or of any portion thereof having a principal amount of U.S. $1,000 or any multiple of U.S. $1,000 1051047.4 10201 1256C 00692469 in excess thereof, provided that the principal amount for which such option is not exercised is at least U.S. $1,000 or any larger amount that is an integral multiple of U.S. $1,000, by delivering a notice to such effect to the Paying Agent not less than the Minimum Election Date Notice days nor more than Maximum Election Date Notice days prior to such Election Date. Notwithstanding the foregoing, the Maturity of this Note may not be extended beyond the Final Maturity Date. If the holder elects to terminate the automatic extension of the Maturity of any portion of the principal amount of this Note and such election is not revoked as described below, such portion will become due and payable on the Interest Payment Date falling six months (or such other time specified herein) after the Election Date prior to which the holder made such election. An election to terminate the automatic extension of Maturity may be revoked as to any portion of this Note having a principal amount of U.S. $1,000 or any multiple of U.S. $1,000 in excess thereof by delivering a notice to such effect to the Paying Agent on any day following the effective date of the election to terminate the automatic extension of Maturity and prior to the fifteenth calendar day before the date on which such portion would otherwise mature. Such a revocation may be made for less than the entire principal amount of this Note for which the automatic extension of Maturity has been terminated; provided, however, that the principal amount of this Note for which the automatic extension of Maturity has been terminated and for which such a revocation has not been made is at least U.S. $1,000 or any larger amount that is an integral multiple of U.S. $1,000. Notwithstanding the foregoing, a revocation may not be made during the period from and including a Record Date to but exclu...
Renewable Notes. This Note may be issued as a Note in which the Maturity will be automatically extended for a twelve month period on each Maturity unless the Holder elects to terminate the automatic extension ("Renewable Notes"). The Holder may terminate the automatic extension by notifying the Trustee within the time frame set forth on the face hereof. The Holder may choose to maintain the automatic extension provision for a portion of the Renewable Note so long as that portion equals at least $100,000 (or its foreign currency equivalent). The Maturity of the Renewable Notes cannot be extended beyond the final Maturity Date set forth on the face hereof. If the Holder elects to terminate the automatic extension of any portion of the Renewable Note, the Holder will receive payment of principal on that portion on an Interest Payment Date falling approximately six months after the date on which the Renewable Note was scheduled to be extended. The Holder may revoke its election to terminate the automatic extension or any portion of the Renewable Note if such portion equals at least $100,000 (or its foreign currency equivalent). To revoke its election to terminate, the Holder must notify the Trustee prior to the fifteenth calendar day before the portion is scheduled to mature. An election to terminate the automatic extension of a Renewable Note will be binding on any subsequent Holder unless properly revoked. The Issuer may elect to redeem the total amount or portion of a Renewable Note at a redemption price of 100% of its principal amount plus accrued interest. If the Issuer decides to redeem a Renewable Note, the Issuer must notify the Holder by first class mail at least 30 but not more than 60 days prior to the redemption date. The Renewable Notes will bear interest at a specified rate that will be based on a based rate and any Spread and/or Spread Multiplier.
