Selection of Notes for Redemption Sample Clauses

Selection of Notes for Redemption. Each redemption required by the Agreements shall be made so that the Notes then held by each Noteholder shall be redeemed in a principal amount in integral multiples of $1,000 which shall bear the same ratio, as nearly as possible, to the total principal amount being redeemed as the principal amount of Notes then held by such Noteholder shall bear to the aggregate principal amount of the Notes then outstanding.
Selection of Notes for Redemption. Redemptions pursuant to this Section 10 shall be made in units of $1,000 principal amount and integral multiples thereof and the Notes then held by each holder shall be redeemed in proportion, as nearly as may be, to the aggregate principal amount of Notes then outstanding.
Selection of Notes for Redemption. When any redemption is made pursuant to any of the provisions of this Indenture and less than all of the Outstanding Notes are to be redeemed, the Trustee shall select the Notes to be redeemed in accordance with the applicable procedures of DTC. Notice of Redemption . Notice of redemption shall be delivered by the Trustee, at least ten (10) days prior to the date fixed for redemption, to the registered owner of each Note called for redemption, at its address as it appears on the registration books; provided that no notice of redemption shall be required for the mandatory redemption of Notes pursuant to Section 4.01(a) of this Indenture; and provided further that neither the failure to mail such notice to any Noteholder nor any defect in any notice so mailed shall affect the sufficiency of the proceedings for the redemption of any of the Notes with respect to which such failure or defect shall have occurred. Each notice of redemption shall state the redemption date, the place of redemption, the source of funds to be used for such redemption, the address of the Trustee where Notes are to be surrendered for such redemption, the principal amount and, if less than all, the distinctive numbers of the Notes to be redeemed, and shall also state that the interest on the Notes in such notice designated for redemption shall cease to accrue from and after such redemption date and that on said date there will become due and payable on each of said Notes the principal amount thereof to be redeemed and interest accrued thereon to the redemption date. Neither the Issuer nor the Trustee shall have any responsibility for any defect in the CUSIP number that appears on any Note or in any redemption notice with respect thereto, and any such redemption notice may contain a statement to the effect that CUSIP numbers have been assigned by an independent service for convenience of reference and that neither the Issuer nor the Trustee shall be liable for any inaccuracy in such numbers. The Trustee may provide a conditional notice of redemption upon the written direction of the Issuer. Partial Redemption of Notes . Any Note may be redeemed in whole or in part, but no part of any Note shall be redeemed in an amount less than an Authorized Denomination. Upon surrender of any Note redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and deliver to the registered owner thereof, without charge to the owner thereof, a new Note or Notes of like series and matu...
Selection of Notes for Redemption. Whenever provision is made in this Indenture for the redemption of less than all of the Notes, Trustee shall select the Notes to be redeemed from all Notes or such given portion thereof not previously called for redemption by lot in any manner which Trustee in its sole discretion shall deem appropriate and fair, to be credited against the principal of the Notes to be redeemed; provided, however, that in connection with an optional redemption of the Notes, redemption proceeds shall first be used to reimburse Credit Issuer for any draw on the Letter of Credit; provided, further that Borrower Notes shall be the first Notes selected for redemption and the redemption price for such Borrower Notes shall be paid to Credit Issuer; and provided, finally, that the Notes Outstanding after giving effect to any redemption shall be in Authorized Denominations. Upon selection of Notes for redemption on or prior to the Fixed Interest Rate Date, Trustee will promptly notify Tender Agent of the Notes selected for redemption.

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