Common use of Exercise of call or other option Clause in Contracts

Exercise of call or other option. If the Relevant Issuer intends (other than consequent upon an Event of Default) to redeem all or any of the Notes prior to their stated maturity date or to exercise any other option under the Conditions, it shall, not less than 5 business days prior to the latest date for the publication of the notice of redemption or of exercise of such option required to be given to the Holders of any Notes, give notice of such intention to the Principal Paying Agent, the Registrar (in respect of Registered Notes) or, in the case of CMU Notes, the CMU Lodging and Paying Agent and the Trustee stating the date on which such Notes are to be redeemed or such option is to be exercised.

Exercise of call or other option. If the Relevant Issuer intends (other than consequent upon an Event of Default) to redeem all or any of the Notes prior to their stated maturity date or to exercise any other option under the Conditions, it shall, not less than 5 business days prior to the latest date for the publication of the notice of redemption or of exercise of such option required to be given to the Holders of any Notes, give notice of such intention to the Principal Paying Agent, the Registrar (in respect of Registered Notes) Agent or, in the case of CMU Notes, the CMU Lodging and Paying Agent and the Trustee stating the date on which such Notes are to be redeemed or such option is to be exercised.