Common use of Selection of Senior Notes to be Redeemed Clause in Contracts

Selection of Senior Notes to be Redeemed. If less than all the Senior Notes of any series are to be redeemed, the particular Senior Notes or portions thereof to be redeemed shall be selected from the outstanding Senior Notes of such series not previously called for redemption either (x) pro rata, by lot or by such other method as the Trustee considers to be fair and appropriate or (y) in such manner as complies with the requirements of the principal national securities exchange, if any, on which the Senior Notes being redeemed are listed. The amounts to be redeemed shall be equal to $1,000 or any integral multiple thereof. The Trustee shall promptly notify LGII and the Registrar in writing of the Senior Notes selected for redemption and, in the case of any Senior Notes selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to redemption of Senior Notes shall relate, in the case of any Senior Note redeemed or to be redeemed only in part, to the portion of the principal amount of such Senior Note which has been or is to be redeemed.

Selection of Senior Notes to be Redeemed. If less than all the Senior Notes of any series are to be redeemed, the particular Senior Notes or portions thereof to be redeemed shall be selected from the outstanding Senior Notes of such series not previously called for redemption either (x) pro rata, by lot or by such other method as the Trustee considers to be fair and appropriate or (y) in such manner as complies with the requirements of the principal national securities exchange, if any, on which the Senior Notes being redeemed are listedappropriate. The amounts to be redeemed shall be equal to $1,000 or any integral multiple thereof. The Trustee shall promptly notify LGII and the Registrar TLGI in writing of the Senior Notes selected for redemption and, in the case of any Senior Notes selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to redemption of Senior Notes shall relate, in the case of any Senior Note redeemed or to be redeemed only in part, to the portion of the principal amount of such Senior Note which has been or is to be redeemed.