Common use of Selection and Conversion of Notes to Be Redeemed in Part Clause in Contracts

Selection and Conversion of Notes to Be Redeemed in Part. (i) If less than all Notes then outstanding are called for Redemption, then the Notes to be redeemed will be selected by the Company as follows: (1) in the case of Global Notes, in accordance with the Depositary Procedures; and (2) in the case of Physical Notes, pro rata, by lot or by such other method the Trustee considers fair and appropriate. (ii) If less than all of the Notes represented by a Certificate are subject to Redemption (including as a result of a Tax Redemption Opt-Out Election Notice that applies to only a portion of the Notes represented by such Certificate) and any Note(s) represented by such Certificate are converted, then the converted portion of such Certificate will be deemed to be from the portion of such Certificate that was subject to Redemption.