Common use of Optional Redemption by Issuer Clause in Contracts

Optional Redemption by Issuer. (a) Subject to the provisions of Section 3.2(b) and to the provisions of Article XI of the Indenture, the Issuer shall have the right to redeem the Debentures, in whole or in part, from time to time, on or after December 16, 2007, at a redemption price equal to 100% of the principal amount to be redeemed plus any accrued and unpaid interest thereon to the date of such redemption (the “Optional Redemption Price”). Any redemption pursuant to this paragraph will be made upon not less than 30 days’ nor more than 60 days’ notice to the Holder of the Debentures, at the Optional Redemption Price. If the Debentures are only partially redeemed pursuant to this Section 3.2, the Debentures will be redeemed on a pro rata basis provided that if at the time of redemption the Debentures are registered as a Global Debenture, the Depositary shall determine, in accordance with its procedures, the principal amount of such Debentures held by each Holder of Debentures to be redeemed. The Optional Redemption Price shall be paid prior to 12:00 noon, local time, on the date of such redemption or at such earlier time as the Issuer determines and the Issuer shall deposit with the Trustee an amount sufficient to pay the Optional Redemption Price by 10:00 a.m., local time, on the date such Optional Redemption Price is to be paid. (b) If a partial redemption of the Debentures would result in the delisting of the Preferred Securities from any national securities exchange or other organization on which the Preferred Securities are then listed, the Issuer shall not be permitted to effect such partial redemption and may only redeem the Debentures in whole.

Optional Redemption by Issuer. (a) Subject to the provisions of Section 3.2(b) and to the provisions of Article XI Eleven of the Indenture, the Issuer shall have the right to redeem the DebenturesNotes, in whole or in part, from time to time, on or after December 16, 2007, at a redemption price equal to 100% of the principal amount to be redeemed plus any accrued and unpaid interest thereon to the date of such redemption (the “"Optional Redemption Price”"). Any redemption pursuant to this paragraph will be made upon not less than 30 days’ ' nor more than 60 days’ ' notice to the Holder of the DebenturesNotes, at the Optional Redemption Price. If the Debentures Notes are only partially redeemed pursuant to this Section 3.2, the Debentures Notes will be redeemed on a pro rata basis provided that if at the time of redemption the Debentures Notes are registered as a Global DebentureNote, the Depositary Depository shall determine, in accordance with its procedures, the principal amount of such Debentures Notes held by each Holder of Debentures Notes to be redeemed. The Optional Redemption Price shall be paid prior to 12:00 noon, local New York time, on the date of such redemption or at such earlier time as the Issuer determines and the Issuer shall deposit with the Trustee an amount sufficient to pay the Optional Redemption Price by 10:00 a.m., local New York time, on the date such Optional Redemption Price is to be paid. (b) If a partial redemption of the Debentures Notes would result in the delisting of the Preferred Securities from any national securities exchange or other organization on which the Preferred Securities are then listed, the Issuer shall not be permitted to effect such partial redemption and may only redeem the Debentures Notes in whole.

Optional Redemption by Issuer. (a) Subject to the provisions of Section 3.2(b) and to the provisions of Article XI Eleven of the Indenture, the Issuer shall have the right to redeem the DebenturesNotes, in whole or in part, from time to time, on or after December 1631, 20072000, at a redemption price equal to 100% of the principal amount to be redeemed plus any accrued and unpaid interest thereon to the date of such redemption (the “"Optional Redemption Price”"). Any redemption pursuant to this paragraph will be made upon not less than 30 days’ ' nor more than 60 days’ ' notice to the Holder of the DebenturesNotes, at the Optional Redemption Price. If the Debentures Notes are only partially redeemed pursuant to this Section 3.2, the Debentures Notes will be redeemed on a pro rata basis provided that if at the time of redemption the Debentures Notes are registered as a Global DebentureNote, the Depositary Depository shall determine, in accordance with its procedures, the principal amount of such Debentures Notes held by each Holder of Debentures Notes to be redeemed. The Optional Redemption Price shall be paid prior to 12:00 noon, local New York time, on the date of such redemption or at such earlier time as the Issuer determines and the Issuer shall deposit with the Trustee an amount sufficient to pay the Optional Redemption Price by 10:00 a.m., local New York time, on the date such Optional Redemption Price is to be paid. (b) If a partial redemption of the Debentures Notes would result in the delisting of the Preferred Securities from any national securities exchange or other organization on which the Preferred Securities are then listed, the Issuer shall not be permitted to effect such partial redemption and may only redeem the Debentures Notes in whole.

Optional Redemption by Issuer. (a) Subject to the provisions of Section 3.2(b) and to the provisions of Article XI Eleven of the Indenture, the Issuer shall have the right to redeem the Debentures, in whole or in part, from time to time, on or after December 16June 30, 20072006, at a redemption price equal to 100% of the principal amount to be redeemed plus any accrued and unpaid interest thereon to the date of such redemption (the “"Optional Redemption Price”"). Any redemption pursuant to this paragraph will be made upon not less than 30 days’ ' nor more than 60 days’ ' notice to the Holder of the Debentures, at the Optional Redemption Price. If the Debentures are only partially redeemed pursuant to this Section 3.2, the Debentures will be redeemed on a pro rata basis provided that if at the time of redemption the Debentures are registered as a Global Debenture, the Depositary Depository shall determine, in accordance with its procedures, the principal amount of such Debentures held by each Holder of Debentures to be redeemed. The Optional Redemption Price shall be paid prior to 12:00 noon, local New York time, on the date of such redemption or at such earlier time as the Issuer determines and the Issuer shall deposit with the Trustee an amount sufficient to pay the Optional Redemption Price by 10:00 a.m., local New York time, on the date such Optional Redemption Price is to be paid. (b) If a partial redemption of the Debentures would result in the delisting of the Preferred Securities from any national securities exchange or other organization on which the Preferred Securities are then listed, the Issuer shall not be permitted to effect such partial redemption and may only redeem the Debentures in whole.

Optional Redemption by Issuer. (a) Subject to the provisions of Section 3.2(b) and to the provisions of Article XI Eleven of the Indenture, the Issuer shall have the right to redeem the DebenturesNotes, in whole or in part, from time to time, on or after December 16, 2007after____________________, at a redemption price equal to 100% of the principal amount to be redeemed plus any accrued and unpaid interest thereon to the date of such redemption (the “"Optional Redemption Price”"). Any redemption pursuant to this paragraph will be made upon not less than 30 days’ ' nor more than 60 days’ ' notice to the Holder of the DebenturesNotes, at the Optional Redemption Price. If the Debentures Notes are only partially redeemed pursuant to this Section 3.2, the Debentures Notes will be redeemed on a pro rata basis provided that if at the time of redemption the Debentures Notes are registered as a Global DebentureNote, the Depositary Depository shall determine, in accordance with its procedures, the principal amount of such Debentures Notes held by each Holder of Debentures Notes to be redeemed. The Optional Redemption Price shall be paid prior to 12:00 noon, local New York time, on the date of such redemption or at such earlier time as the Issuer determines and the Issuer shall deposit with the Trustee an amount sufficient to pay the Optional Redemption Price by 10:00 a.m., local New York time, on the date such Optional Redemption Price is to be paid. (b) If a partial redemption of the Debentures Notes would result in the delisting of the Preferred Securities from any national securities exchange or other organization on which the Preferred Securities are then listed, the Issuer shall not be permitted to effect such partial redemption and may only redeem the Debentures Notes in whole.

Optional Redemption by Issuer. (a) Subject to the provisions of Section 3.2(b) and to the provisions of Article XI of the Indenture, the Issuer shall have the right to redeem the Debentures, in whole or in part, from time to time, on or after December 16, 200720 , at a redemption price equal to 100% of the principal amount --------- -- to be redeemed plus any accrued and unpaid interest thereon to the date of such redemption (the “"Optional Redemption Price”"). Any redemption pursuant to this paragraph will be made upon not less than 30 days’ ' nor more than 60 days’ ' notice to the Holder of the Debentures, at the Optional Redemption Price. If the Debentures are only partially redeemed pursuant to this Section 3.2, the Debentures will be redeemed on a pro rata basis provided that if at the time of redemption the Debentures are registered as a Global Debenture, the Depositary shall determine, in accordance with its procedures, the principal amount of such Debentures held by each Holder of Debentures to be redeemed. The Optional Redemption Price shall be paid prior to 12:00 noon, local time, on the date of such redemption or at such earlier time as the Issuer determines and the Issuer shall deposit with the Trustee an amount sufficient to pay the Optional Redemption Price by 10:00 a.m., local time, on the date such Optional Redemption Price is to be paid. (b) If a partial redemption of the Debentures would result in the delisting of the Preferred Securities from any national securities exchange or other organization on which the Preferred Securities are then listed, the Issuer shall not be permitted to effect such partial redemption and may only redeem the Debentures in whole.