Common use of Right of Optional Redemption; Prices Clause in Contracts

Right of Optional Redemption; Prices. Subject to the terms and conditions of this Indenture, the Issuer at its option may redeem all or any portion of, the Securities upon payment of the amount redeemed, together with accrued and unpaid interest to the date fixed for redemption (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date). To exercise this option to redeem the Securities, the Issuer shall give the Trustee written notice thereof not less than 30 but not no more than 60 days prior to the redemption date selected by the Issuer and specified in such notice. If less than all of the Securities are to be redeemed, then the Issuer shall specify the principal amount of Securities to be redeemed. The redemption price shall be equal to unpaid principal to be redeemed and accrued and unpaid interest to the date fixed for redemption. If less than all of the Outstanding Securities are to be called for redemption, the Securities shall be redeemed on a reasonably proportionate basis, in minimum amounts of $100.00, according to the principal amount of securities represented by such Securities Outstanding

Right of Optional Redemption; Prices. Subject to the terms and conditions of this Indenture, the Issuer at its option may redeem all or any portion of, the Securities upon payment of the amount redeemed, of principal redeemed together with accrued and unpaid interest to the date fixed for redemption (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date). To exercise this option to redeem the Securities, the Issuer shall give the Trustee written notice thereof not less than 30 but not no more than 60 days prior to the redemption date selected by the Issuer and specified in such notice. The redemption price shall be equal to unpaid principal and accrued and unpaid interest to the date fixed for redemption. If less than all of the Securities are to be redeemed, then the Issuer shall specify the principal amount of Securities to be redeemed. The redemption price shall be equal to unpaid principal to be redeemed and accrued and unpaid interest to the date fixed for redemption. If less than all of the Outstanding Securities are to be called for redemption, the Securities or portions thereof to be redeemed shall be redeemed selected by the Trustee on a reasonably proportionate basis, in minimum amounts of $100.00, according to the principal amount amounts of securities represented by such Securities Outstanding.