Common use of Partial Redemptions Clause in Contracts

Partial Redemptions. In the case of partial redemptions, Series 2 Shares to be redeemed will be redeemed pro rata (disregarding fractions) or in any other manner that the Board of Directors in its sole discretion may determine, subject to approval of the Superintendent.

Partial Redemptions. In the case of partial redemptions, Series 2 1 Shares to be redeemed will be redeemed pro rata (disregarding fractions) or in any other manner that the Board of Directors in its sole discretion may determine, subject to approval of the Superintendent.