Common use of Voluntary Redemption Clause in Contracts

Voluntary Redemption. Subject to compliance with applicable law, including securities law, all, but not less than all, of the Debenture may be redeemed at the option of the Company, at any time and from time to time after the third anniversary of the Issue Date upon not less than 30 days prior written notice to the Holder at a redemption price equal to 112% of the principal amount of the Debenture to be redeemed, plus all accrued and unpaid interest thereon up to and including the date of redemption, all of which shall be payable in cash.