Common use of Method and Effect of Redemption Clause in Contracts

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the Redemption Date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 days before the Redemption Date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Notes to be redeemed will be selected pro rata, by lot, by any other method the Trustee in its sole discretion deems fair and appropriate, or if the Notes are held as Global Notes, by any other method in accordance with DTC’s applicable procedures, in denominations of $2,000 principal amount and higher integral multiples of $1,000. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the Redemption Date. (b) The notice of redemption shall identify the Notes to be redeemed and will include or state the following:

Method and Effect of Redemption. (a) If the Company elects Issuers elect to redeem Notes, it they must notify the Trustee of the Redemption Date and redemption date, the principal amount of Notes to be redeemed and the redemption price by delivering an Officers’ ' Certificate at least and an Opinion of Counsel, to the effect that such redemption shall comply with the conditions set forth in this Article 3, 40 to 60 days before the Redemption Date redemption date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and The Trustee shall select the Notes to be redeemed will be selected in compliance with the principal national securities exchange, if any, on which the Notes are listed, or if such Notes are not so listed, on a pro ratarata basis, by lot, lot or by any other method the Trustee in its sole discretion deems fair and appropriate, or if the Notes are held as Global Notes, by any other method in accordance with DTC’s applicable procedures, in denominations of $2,000 1,000 principal amount and higher or an integral multiples multiple of $1,0001,000 in excess thereof. The Trustee will shall notify the Company Issuers promptly of the Notes or portions of Notes to be called for redemption. Any such notice may be cancelled at any time prior to notice of such redemption being mailed to any Holder and shall thereby be void and of no effect. (b) Notice of redemption must be sent by the Company Issuers or at the Company’s Issuers' request, by the Trustee in the name and at the expense of the CompanyIssuer, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the Redemption Date. (b) The redemption date, except that redemption notices may be mailed more than 60 days prior to a redemption date if the notice of redemption shall identify the Notes to be redeemed and will include is issued in connection with Section 8.01 or state the following:Section 8.02