Common use of Optional Redemptions Clause in Contracts

Optional Redemptions. (a) At any time prior to July 18, 2025, the Issuer may on one or more occasions redeem the Notes, in whole or in part, at a redemption price equal to 100.0% of the principal amount of the Notes redeemed, plus the Applicable Premium, as of, and accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium. (b) At any time prior to July 18, 2025, the Issuer may on one or more occasions redeem up to 40.0% of the aggregate principal amount of the Notes at a redemption price of 104.5% of the principal amount of Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the net cash proceeds from one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, that: (i) at least 60.0% of the aggregate principal amount of the Notes (excluding Notes held by the Issuer or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) the applicable redemption occurs within ninety (90) days of the date of the closing of the applicable Equity Offering or INVIT Offering, as the case may be. (c) At any time on or after July 18, 2025, the Issuer may on any one or more occasions redeem the Notes, in whole or in part, at the redemption prices (expressed as percentages of principal amount of the Notes redeemed) set forth below, plus accrued and unpaid interest, if any, on the Notes redeemed, to (but not including), the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July 18, 2025 to July 17, 2026 101.125% July 18, 2026 and thereafter 100.0%

Optional Redemptions. (a) At Under the terms of the Indenture, the Secured Notes will be redeemable, at the Issuer's option at any time prior to July 18, 2025, the Issuer may on one or more occasions redeem the Notes, in whole or from time to time in partpart upon not less than 30 and not more than 60 days' prior notice mailed by first class mail to the Holders of the Secured Notes, on any date prior to Maturity at a redemption price equal to 100.0100% of the principal amount of the Notes redeemed, thereof plus the Applicable Premium, as of, and accrued and unpaid interestinterest (including Special Interest, if any, to (but not including) the applicable redemption dateand Additional Amounts, subject if any), to the rights of Holders on Redemption Date plus the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Make-Whole Premium. (b) At Under the terms of the Indenture, the Secured Notes may be redeemed, at the option of the Issuer, at any time as a whole but not in part, on not less than 30 nor more than 60 days' prior notice mailed by first class mail to July 18, 2025, the Issuer may on one or more occasions redeem up to 40.0% Holders of the aggregate principal amount of the Notes Secured Notes, at a redemption price of 104.5equal to 100% of the principal amount of Notes redeemed, thereof plus accrued and unpaid interestinterest (including Special Interest, if any, to (but not including) the applicable redemption dateand Additional Amounts, subject if any), to the rights Redemption Date, in the event the Issuer has become or would become obligated to pay (and the Issuer cannot avoid such obligation by taking reasonable measures available to it), on the next date on which any amount would be payable with respect to the Secured Notes, any Additional Amounts as a result of Holders a change in or an amendment to the laws (including any regulations promulgated thereunder) of a Tax Jurisdiction, or any change in or amendment to any official position regarding the application or interpretation of such laws or regulations, which change or amendment is announced or becomes effective on or after the Issue Date; PROVIDED, HOWEVER, that such redemption shall be conditioned upon the Issuer being actually obligated to pay such Additional Amounts on the relevant Record Date payment date. Prior to receive interest due on the relevant Interest Payment Dategiving of the notice of redemption described in the preceding paragraph, the Issuer shall deliver to the Trustee an Officers' Certificate (together with a copy of an Opinion of Counsel from counsel that is independent from the Issuer to the effect that the Issuer will be or will become obligated to pay Additional Amounts), stating that the Issuer is entitled to effect such redemption in accordance with the net cash proceeds from one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, that: (i) at least 60.0% Indenture and setting forth in reasonable detail a statement of the aggregate principal amount of the Notes (excluding Notes held by the Issuer or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) the applicable redemption occurs within ninety (90) days of the date of the closing of the applicable Equity Offering or INVIT Offering, as the case may befacts relating thereto. (c) At any time on or after July 18Notices of redemption will be mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date to each Holder whose Secured Notes are to be redeemed at its registered address. Secured Notes in denominations larger than $1,000 may be redeemed in part but only in integral multiples of $1,000, 2025, unless all of the Secured Notes held by a Holder are to be redeemed. Unless the Issuer may defaults in making such redemption payment, on and after the Redemption Date interest (including Special Interest, if any one or more occasions redeem the Notes, in whole or in part, at the redemption prices (expressed as percentages of principal amount of the Notes redeemed) set forth below, plus accrued and unpaid interestAdditional Amounts, if any, on the Notes redeemed, to (but not including), the applicable redemption date, if redeemed during the periods indicated below, subject ceases to the rights of Holders accrue on the relevant Record Date to receive interest on the relevant Interest Payment Date: July 18, 2025 to July 17, 2026 101.125% July 18, 2026 and thereafter 100.0%Secured Notes or portions thereof called for redemption.

Optional Redemptions. (a) At any time prior to July 1828, 2025, the Issuer may may, on one or more occasions occasions, redeem the Notes, in whole or in part, at a redemption price equal to 100.0% of the principal amount of the Notes redeemed, plus the Applicable Premium, as of, and accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium. (b) At any time prior to July 1828, 2025, the Issuer may may, on one or more occasions occasions, redeem up to 40.0% of the aggregate principal amount of the Notes at a redemption price of 104.5equal to 107.95% of the principal amount of the Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the equivalent of the net cash proceeds from one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, that: (i) provided that at least 60.0% of the aggregate principal amount of the Notes (excluding Notes held by the Issuer RPPL or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) redemption and the applicable redemption occurs within ninety (90) days of the date of the closing of the applicable Equity Offering or INVIT Offering, as the case may be. (c) At any time on or after July 1828, 2025, the Issuer may may, on any one or more occasions occasions, redeem the Notes, in whole or in part, at the redemption prices (expressed as percentages of principal amount of the Notes redeemed) set forth below, plus accrued and unpaid interest, if any, on the Notes redeemed, to (but not including), the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July 1828, 2025 to July 17January 27, 2026 101.125103.975% July 18January 28, 2026 and thereafter 100.0%

Optional Redemptions. In addition to the redemption or repurchase of the Notes required under Section 2.6.1 and Section 2.6.4, and if there is no event of default existing under the Senior Credit Agreement and subject to the terms of the Intercreditor Agreement (aSenior Debt) At and OpBiz's compliance with the provisions of Section 8.2(d) of the Senior Credit Agreement, the Company may voluntarily redeem the outstanding principal amount of the Notes (including PIK Interest capitalized thereto) in whole, or in part (in a minimum amount of at least $1,000,000 and integral multiples of $100,000), together with all accrued and unpaid interest on the amount so redeemed through the date of redemption, at any time prior and from time to July 18, 2025, the Issuer may on one or more occasions redeem the Notes, in whole or in part, time at a redemption price equal to 100.0the sum of the principal amount to be redeemed plus the prepayment premium indicated below corresponding to the period in which the redemption occurs (such premium, the "Prepayment Premium"). Period Prepayment Premium ------ ------------------ Funding Date through August 8, 2008 Noncallable August 9, 2008 through August 8, 2009 8% of the principal amount to be redeemed August 9, 2009 through August 8, 2010 4% of the Notes redeemedprincipal amount to be redeemed After August 9, plus 2010 None Notwithstanding anything in this Agreement to the Applicable Premiumcontrary, as ofthe Company may redeem the Notes, and together with all accrued and unpaid interestinterest thereon (including PIK Interest) at a redemption price equal to the sum of the principal amount to be redeemed plus a premium of 16% prior to August 8, 2008 if any(i) the Company uses the proceeds of a public equity offering by the Company, to OpBiz (but not including) only to the applicable redemption date, extent there is no event of default existing under the Senior Credit Agreement and subject to the rights terms of Holders on the relevant Record Date Intercreditor Agreement (Senior Debt) and OpBiz's compliance with the provisions of Section 8.2(d) of the Senior Credit Agreement), EquityCo and/or BH/RE to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium. fund such redemption, and (bii) At any time prior to July 18, 2025, the Issuer may on one or more occasions redeem up to 40.0at least 65% of the aggregate principal amount of the Notes at a redemption price of 104.5% of the principal amount of Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the net cash proceeds from one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, that: (i) at least 60.0% of the aggregate principal amount of the Notes (excluding Notes held by the Issuer or any of its Subsidiaries) remains remain outstanding immediately after the occurrence of such redemption; and (ii) the applicable redemption occurs within ninety (90) days of the date of the closing of the applicable Equity Offering or INVIT Offering, as the case may be. (c) At any time on or after July 18, 2025, the Issuer may on any one or more occasions redeem the Notes, in whole or in part, at the redemption prices (expressed as percentages of principal amount of the Notes redeemed) set forth below, plus accrued and unpaid interest, if any, on the Notes redeemed, to (but not including), the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July 18, 2025 to July 17, 2026 101.125% July 18, 2026 and thereafter 100.0%

Optional Redemptions. (a) At any time prior i. Prior to July 18, 2025Conversion, the Issuer may Bonds are subject to redemption, at the option of the Authority, on one any Effective Rate Date at a Redemption Price equal to 100% of the principal amount thereof plus the accrued interest thereon to the date of redemption. ii. On or more occasions redeem after Conversion, the NotesConverted Bonds shall be subject to redemption, at the option of the Authority, (1) on the Conversion Date, in whole or in part, at a redemption price equal to 100.0of 100% of the principal amount thereof, and (2) thereafter, during the periods specified below or, subject to delivery to the Trustee of an opinion of Bond Counsel to the effect that any different periods specified by the Authority will not cause the interest on the 2002 Series A Tax-Exempt Bonds to be subject to inclusion in gross income under Section 103 of the Notes redeemedCode, during such periods specified by the Authority, in whole at any time or in part from time to time, at a redemption price of 100% of the principal amount thereof, in each case plus the Applicable Premium, as of, and accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject : Length of Time From Conversion Date To Maturity Date First Optional (expressed in years) Redemption Date greater than 15 after 10 years less than or equal to 15 after 7 years and greater than 10 less than or equal to 10 after 5 years and greater than 7 less than or equal to 7 after 3 years and greater than 5 less than or equal to 5 not optionally callable In the rights of Holders on event that the relevant Record Conversion Date to receive interest due on the relevant Interest Payment Date. The Trustee shall is not be responsible for verifying or calculating the Applicable Premium. (b) At any time prior to July 18, 2025, the Issuer may on one or more occasions redeem up to 40.0% of the aggregate principal amount of the Notes at a redemption price of 104.5% of the principal amount of Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant an Interest Payment Date, with then the net cash proceeds from one or more date on which the Converted 2002 Bonds shall first be subject to redemption pursuant to the foregoing table (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, that: (i) at least 60.0% of the aggregate principal amount of the Notes (excluding Notes held by the Issuer or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (iiConversion Date) shall be the applicable redemption occurs within ninety (90) days of first Interest Payment Date next succeeding the date on which the such Converted Bonds otherwise would be subject to redemption. In the event of the closing of the applicable Equity Offering or INVIT Offering, as the case may be. (c) At any time on or after July 18, 2025, the Issuer may on any one or more occasions redeem the Notes, in whole or an optional redemption in part, at the redemption prices (expressed as percentages of principal amount of Authority shall direct the Notes Class, tenor, series, maturity or maturities, and the amounts thereof, so to be redeemed) set forth below, plus accrued and unpaid interest, if any, on the Notes redeemed, to (but not including), the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July 18, 2025 to July 17, 2026 101.125% July 18, 2026 and thereafter 100.0%.

Optional Redemptions. (a) At any time prior to July 1828, 2025, the Issuer may may, on one or more occasions occasions, redeem the Notes, in whole or in part, at a redemption price equal to 100.0% of the principal amount of the Notes redeemed, plus the Applicable Premium, as of, and accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium. (b) At any time prior to July 1828, 2025, the Issuer may may, on one or more occasions occasions, redeem up to 40.0% of the aggregate principal amount of the Notes at a redemption price of 104.5equal to 107.95% of the principal amount of the Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the equivalent of the net cash proceeds from one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, that: (i) provided that at least 60.0% of the aggregate principal amount of the Notes (excluding Notes held by the Issuer RPPL or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) redemption and the applicable redemption occurs within ninety (90) days of the date of the closing of the applicable Equity Offering or INVIT Offering, as the case may be. (c) At any time on or after July 1828, 2025, the Issuer may may, on any one or more occasions occasions, redeem the Notes, in whole or in part, at the redemption prices (expressed as percentages of principal amount of the Notes redeemed) set forth below, plus accrued and unpaid interest, if any, on the Notes redeemed, to (but not including), the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: Period RedemptionPrice July 1828, 2025 to July 17January 27, 2026 101.125103.975% July 18January 28, 2026 and thereafter 100.0%

Optional Redemptions. (a) At any time prior (and from time to July 18, 2025, time) the Issuer Notes may on one or more occasions redeem be redeemed at the Notesoption of the Issuer, in whole or in part, upon notice as set forth in clause (b) below, at a cash redemption price equal to 100.0% one hundred percent (100%) of the principal amount of the Notes being redeemed, plus the Applicable Premium, as of, and together with accrued and unpaid interest, if any, to (to, but not including) excluding, the applicable date fixed for redemption; provided that if the redemption date, subject to date falls after a record date and on or prior the rights of Holders on the relevant Record Date to receive interest due on the relevant corresponding Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium. (b) At any time prior to July 18, 2025, the Issuer may on one or more occasions redeem up to 40.0% of the aggregate principal amount of the Notes at a redemption price of 104.5% of the principal amount of Notes redeemed, plus then accrued and unpaid interest, if any, to, but excluding, the date fixed for redemption shall be paid on such interest payment date to (but not including) the holders of record of such Notes on the applicable redemption record date instead of the holders on such date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the net cash proceeds from one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, that:. (ib) at least 60.0% of the aggregate principal amount of the Notes (excluding Notes held by In case the Issuer or any of its Subsidiaries) remains outstanding immediately after shall desire to exercise the occurrence of such redemption; and (ii) the applicable redemption occurs within ninety (90) days of the date of the closing of the applicable Equity Offering or INVIT Offeringright to redeem all or, as the case may be, any part of the Notes pursuant to clause (a) above, it shall fix a date for redemption and it shall provide notice of such redemption in accordance with Section 10.1 not fewer than three (3) Business Days (or such shorter period of time as may be acceptable to the Administrative Agent) nor more than thirty (30) days prior to the redemption date to the Administrative Agent (which shall promptly forward such notice to each Purchaser holding Notes so to be redeemed as a whole or in part at its last address as the same appears on the Register). The notice, if delivered in the manner herein provided, shall be conclusively presumed to have been duly given, whether or not the Purchasers receive such notice. In any case, failure to give such notice in accordance with Section 10.1 or any defect in the notice to the Administrative Agent (or from the Administrative Agent to any Purchaser holding a Note designated for redemption as a whole or in part) shall not affect the validity of the proceedings for the redemption of any other Note. Upon the giving of any such notice, the outstanding principal amount owing under the Notes specified in such notice shall become due and payable on the redemption date specified therein. (c) At Each such notice of redemption shall specify the aggregate principal amount of Notes to be redeemed, the date fixed for redemption (which shall be a Business Day), the redemption price at which Notes are to be redeemed as set forth in clause (a) above, the place or places of payment, that (to the extent surrender is required pursuant to Section 2.9) payment will be made upon presentation and surrender of such Notes, that interest accrued to (but excluding) the date fixed for redemption will be paid as specified in said notice, and that on and after said date interest thereon or on the portion thereof to be redeemed will cease to accrue. If fewer than all the Notes are to be redeemed, the notice of redemption shall identify the Notes to be redeemed. In case any time Note is to be redeemed in part only, the notice of redemption shall state the portion of the principal amount thereof to be redeemed and shall state that, on and after the redemption date, upon surrender of such Note (if so tendered), a new Note or after July 18, 2025Notes in principal amount equal to the unredeemed portion thereof will be issued. (d) On or prior to the redemption date specified in the notice of redemption given as provided in this Section 2.13, the Issuer may will deposit with the Administrative Agent an amount of money in immediately available funds sufficient to redeem on any one the redemption date all the Notes (or more occasions redeem the Notes, in whole or in part, portions thereof) so called for redemption at the appropriate redemption prices price, together with accrued interest to, but excluding, the redemption date; provided that if such payment is made on the redemption date it must be received by the Administrative Agent by 12:00 p.m. (expressed New York City time) on such date. Whenever any Notes are to be redeemed, the Issuer will give the Administrative Agent written notice in the form of a certificate of an Authorized Officer not fewer than three (3) Business Days (or such shorter period of time as percentages of may be acceptable to the Administrative Agent) prior to the redemption date as to the aggregate principal amount of Notes to be redeemed. (e) If less than all of the outstanding Notes are to be redeemed, the Administrative Agent shall select the Notes redeemedor portions thereof to be redeemed (in principal amounts of One Thousand Dollars ($1,000) set forth belowor multiples thereof) by lot, plus on a pro rata basis or by another method the Administrative Agent deems fair and appropriate. (f) If notice of redemption has been given as provided in this Section 2.13, the Notes or portion of Notes with respect to which such notice has been given shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the redemption date, and on and after said date (unless the Issuer shall default in the payment of the redemption price and accrued interest) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the redemption date and other Obligations then due and owing under the Note Documents. On presentation and surrender of such Notes at a place of payment in said notice specified, such Notes or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable redemption price, together with interest accrued thereon to, but excluding, the redemption date; provided that if the redemption date falls after a record date and on or prior the corresponding interest payment date, then accrued and unpaid interest, if any, to, but excluding, the date fixed for redemption shall be paid on such interest payment date to the holders of record of such Notes on the applicable record date instead of the holders surrendering such Notes redeemed, to (but not including)for redemption on such date. Upon presentation of any Note redeemed in part only, the applicable Issuer shall execute and the Administrative Agent shall authenticate and make available for delivery to the holder thereof, at the expense of the Issuer, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, no Notes shall be redeemed and no notice of redemption date, if redeemed may be sent during the periods indicated belowcontinuance of an Event of Default. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, subject the principal shall, until paid or duly provided for, bear interest from the redemption date at a rate equal to two percent (2.00%) per annum plus the rate borne by the Note. Any optional redemption shall be applied as specified in Section 2.15 with respect to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July 18, 2025 to July 17, 2026 101.125% July 18, 2026 and thereafter 100.0%Notes.

Optional Redemptions. (a) At any time prior to July 18August 19, 20252023 upon not less than 30 nor more than 60 days’ prior notice, the Issuer may Company may, on any one or more occasions occasions, redeem up to 40% of the Notes, in whole or in part, aggregate principal amount of Notes issued under the Indenture at a redemption price equal to 100.0of 103.575% of the principal amount of the Notes redeemed, plus the Applicable Premium, as of, and accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium. (b) At any time prior to July 18, 2025, the Issuer may on one or more occasions redeem up to 40.0% of the aggregate principal amount of the Notes at a redemption price of 104.5% of the principal amount of Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the net cash proceeds from of one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, provided that: (i1) at least 60.060% of the aggregate principal amount of Notes issued on the Notes Original Issue Date (excluding Notes held by the Issuer Parent or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii2) the applicable redemption occurs within ninety (90) 90 days of the date of the closing of such Equity Offering. (b) At any time prior to August 19, 2023, upon not less than 30 nor more than 60 days’ prior notice, the Company may, on any one or more occasions, redeem all or any portion of the Notes at a redemption price equal to 100% of the principal amount of the Notes redeemed, plus the Applicable Premium as of, and accrued and unpaid interest, if any, to (but not including), the applicable Equity Offering redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. Neither the Trustee nor any of the Agents shall be responsible for verifying or INVIT Offering, as calculating the case may beApplicable Premium. (c) At any time on or after July 18August 19, 20252023, upon not less than 30 nor more than 60 days’ prior notice, the Issuer may Company may, on any one or more occasions occasions, redeem all or any portion of the Notes, in whole or in part, Notes at the redemption prices (expressed as percentages of principal amount of the Notes redeemedamount) set forth below, plus accrued and unpaid interest, if any, on the Notes redeemed, redeemed to (but not including), ) the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July From August 19, 2023 to August 18, 2024 101.7875 % From August 19, 2024 to August 18, 2025 100.89375 % On or after August 19, 2025 100.000 % Unless the Company defaults in the payment of the applicable redemption price, interest will cease to July 17accrue on the Notes or portions thereof called for redemption on the applicable redemption date. Any redemption conducted pursuant to Section 3.07 of the Indenture and any related notice of redemption may, 2026 101.125% July 18at the Company’s discretion, 2026 be subject to one or more conditions precedent. If such redemption or notice is subject to satisfaction of one or more conditions precedent, such notice may state that, in the Company’s discretion, the redemption date may be delayed until such time as any or all such conditions shall be satisfied, or such redemption may not occur and thereafter 100.0%such notice may be rescinded if any or all such conditions shall not have been satisfied by the redemption date, or by the redemption date so delayed.

Optional Redemptions. (a) At any time prior to July 18The Secured Notes will be redeemable, 2025, at the Issuer may on one or more occasions redeem the NotesIssuer's option, in whole or from time to time in part, part upon not less than 30 and not more than 60 days' prior notice mailed by first class mail to each Holder's registered address appearing in the Securities Register on any date prior to Maturity at a redemption price equal to 100.0100% of the principal amount of the Notes redeemed, thereof plus the Applicable Premium, as of, and accrued and unpaid interestinterest (including Special Interest, if any, and Additional Amounts, if any), to the Redemption Date (but not including) the applicable redemption date, subject to the rights right of Holders of record on the relevant Record Date to receive interest due on the relevant an Interest Payment Date. The Trustee shall not be responsible for verifying Date that is on or calculating the Applicable Premium. (b) At any time prior to July 18the Redemption Date), 2025, plus the Issuer may on one or more occasions redeem up to 40.0% of Make-Whole Premium. In no event will the aggregate principal amount of the Notes at a redemption price of 104.5Redemption Price ever be less than 100% of the principal amount of the Secured Notes redeemed, to be redeemed plus accrued and unpaid interestinterest (including Special Interest, if any, to (but not including) the applicable redemption dateand Additional Amounts, subject if any), to the rights Redemption Date. The amount of Holders on the relevant Record Date Make-Whole Premium with respect to receive interest due on any Secured Notes (or portion thereof) to be redeemed will be equal to the relevant Interest Payment Dateexcess, with the net cash proceeds from one or more (x) Equity Offerings and/or (y) INVIT Offerings; providedif any, however, thatof: (i) at least 60.0% the sum of the aggregate present values, calculated as of the Redemption Date, of: (1) each interest payment that, but for such redemption, would have been payable on the Secured Notes (or portion thereof) being redeemed on each Interest Payment Date occurring after the Redemption Date (excluding any accrued and unpaid interest for the period prior to the Redemption Date); and (2) the principal amount that, but for such redemption, would have been payable at the final maturity of the Secured Notes (excluding Notes held by the Issuer or any of its Subsidiariesportion thereof) remains outstanding immediately after the occurrence of such redemption; andbeing redeemed, over (ii) the applicable redemption occurs within ninety (90) days of the date of the closing of the applicable Equity Offering or INVIT Offering, as the case may be. (c) At any time on or after July 18, 2025, the Issuer may on any one or more occasions redeem the Notes, in whole or in part, at the redemption prices (expressed as percentages of principal amount of the Secured Notes (or portion thereof) being redeemed. The present values of interest and principal payments referred to in clause (i) set forth belowabove will be determined in accordance with generally accepted principles of financial analysis. Such present values will be calculated by discounting the amount of each payment of interest or principal from the date that each such payment would have been payable, plus accrued and unpaid interest, if any, on but for the Notes redeemedredemption, to the Redemption Date at a discount rate equal to the Treasury Rate (but not including)as defined below) plus 50 basis points. The Make-Whole Premium will be calculated by the Independent Investment Banker. For purposes of this Section 3.07 and Section 3.09, the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July 18, 2025 to July 17, 2026 101.125% July 18, 2026 and thereafter 100.0%following definitions apply:

Optional Redemptions. (a) At any time prior to July 18August 19, 20252023, upon not less than 30 nor more than 60 days’ prior notice, the Issuer may Company may, on any one or more occasions occasions, redeem up to 40% of the Notes, in whole or in part, aggregate principal amount of Notes issued under this Indenture at a redemption price equal to 100.0of 103.575% of the principal amount of the Notes redeemed, plus the Applicable Premium, as of, and accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium. (b) At any time prior to July 18, 2025, the Issuer may on one or more occasions redeem up to 40.0% of the aggregate principal amount of the Notes at a redemption price of 104.5% of the principal amount of Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the net cash proceeds from of one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, provided that: (i1) at least 60.060% of the aggregate principal amount of Notes issued on the Notes Original Issue Date (excluding Notes held by the Issuer Parent or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii2) the applicable redemption occurs within ninety (90) 90 days of the date of the closing of such Equity Offering. (b) At any time prior to August 19, 2023, upon not less than 30 nor more than 60 days’ prior notice, the Company may, on any one or more occasions, redeem all or any portion of the Notes at a redemption price equal to 100% of the principal amount of the Notes redeemed, plus the Applicable Premium as of, and accrued and unpaid interest, if any, to (but not including), the applicable Equity Offering redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. Neither the Trustee nor any of the Agents shall be responsible for verifying or INVIT Offering, as calculating the case may beApplicable Premium. (c) At any time on or after July 18August 19, 20252023, upon not less than 30 nor more than 60 days’ prior notice, the Issuer may Company may, on any one or more occasions occasions, redeem all or any portion of the Notes, in whole or in part, Notes at the redemption prices (expressed as percentages of principal amount of the Notes redeemedamount) set forth below, plus accrued and unpaid interest, if any, on the Notes redeemed, to (but not including), ) the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July From August 19, 2023 to August 18, 2024 101.7875 % From August 19, 2024 to August 18, 2025 100.89375 % On or after August 19, 2025 100.000 % Unless the Company defaults in the payment of the applicable redemption price, interest will cease to July 17accrue on the Notes or portions thereof called for redemption on the applicable redemption date. Any redemption pursuant to this Section 3.07, 2026 101.125% July 18and any related notice of redemption may, 2026 at the Company’s discretion, be subject to one or more conditions precedent. If such redemption or notice is subject to satisfaction of one or more conditions precedent, such notice may state that, in the Company’s discretion, the redemption date may be delayed until such time as any or all such conditions shall be satisfied, or such redemption may not occur and thereafter 100.0%such notice may be rescinded if any or all such conditions shall not have been satisfied by the redemption date, or by the redemption date so delayed. (d) Any redemption pursuant to this Section 3.07 shall be made pursuant to the provisions of Sections 3.01 through 3.06 hereof.