Common use of Conversion Arrangement on Call for Redemption Clause in Contracts

Conversion Arrangement on Call for Redemption. In connection with any redemption of Securities, the Issuer may arrange for the purchase and conversion of any Securities called for redemption by an agreement with one or more investment bankers or other purchasers to purchase such Securities by paying to the Trustee or the Paying Agent in trust for the Holders of Securities, on or before 10:00 a.m. Eastern Time on the redemption date, an amount not less than the redemption price, together with interest, if any, accrued to the redemption date of such Securities, in immediately available funds. Notwithstanding anything to the contrary contained in this Article 3, the obligation of the Issuer to pay the redemption price of such Securities, including all accrued interest, if any, shall be deemed to be satisfied and discharged to the extent such amount is so paid by such purchasers. If such an agreement is entered into, any Securities not duly surrendered for conversion by the Holders thereof may, at the option of the Issuer, be deemed, to the fullest extent permitted by law, acquired by such purchasers from such Holders and surrendered by such purchasers for conversion, all as of immediately prior to the close of business on the last day on which Securities of that series called for redemption may be converted in accordance with this

Conversion Arrangement on Call for Redemption. In connection with any redemption of Securities, the Issuer Company may arrange for the purchase and conversion of any Securities called for redemption by an agreement with one or more investment bankers or other purchasers to purchase such Securities by paying to the Trustee or the Paying Agent in trust for the Holders of Securities, on or before 10:00 a.m. Eastern Time New York time on the redemption dateRedemption Date, an amount not less than the redemption priceRedemption Price, together with interest, if any, accrued to the redemption date Redemption Date of such Securities, in immediately available funds. Notwithstanding anything to the contrary contained in this Article 3Eleven, the obligation of the Issuer Company to pay the redemption price Redemption Price of such Securities, including all accrued interest, if any, shall be deemed to be satisfied and discharged to the extent such amount is so paid by such purchasers. If such an agreement is entered into, any Securities not duly surrendered for conversion by the Holders thereof may, at the option of the IssuerCompany, be deemed, to the fullest extent permitted by law, acquired by such purchasers from such Holders and surrendered by such purchasers for conversion, all as of immediately prior to the close of business on the last day on which Securities of that such series called for redemption may be converted in accordance with thisthis Indenture and the terms of such Securities, subject to payment to the Trustee or Paying Agent of the above-described

Conversion Arrangement on Call for Redemption. In connection with any redemption of the Securities, the Issuer Company may arrange for the purchase and conversion of any Securities called for redemption by an agreement with one or more investment bankers or other purchasers (the "Purchasers") to purchase such Securities by paying to the Trustee or the Paying Agent in trust for the Holders of SecuritiesHolders, on or before 10:00 a.m. Eastern Time on the redemption dateRedemption Date, an amount not less than the redemption priceapplicable Redemption Price, together with interest, if any, interest accrued and unpaid to the redemption date Redemption Date, of such Securities, in immediately available funds. Notwithstanding anything to the contrary contained in this Article 3XI, the obligation of the Issuer Company to pay the redemption price of such SecuritiesRedemption Price, including all together with interest accrued interest, if anyand unpaid to the Redemption Date, shall be deemed to be satisfied and discharged to the extent such amount is so paid by such purchasersPurchasers. If such an agreement is entered intointo (a copy of which shall be filed with the Trustee prior to the close of business on the Business Day immediately prior to the Redemption Date), any Securities called for redemption that are not duly surrendered for conversion by the Holders thereof may, at the option of the IssuerCompany, be deemed, to the fullest extent permitted by law, and consistent with any agreement or agreements with such Purchasers, to be acquired by such purchasers Purchasers from such Holders and (notwithstanding anything to the contrary contained in this Article XI) surrendered by such purchasers Purchasers for conversion, all as of immediately prior to the close of business on the last day on which Securities of that series called for redemption may be converted in accordance with thisof

Conversion Arrangement on Call for Redemption. In connection with any redemption of Securities, the Issuer Company may arrange for the purchase and conversion of any Securities called for redemption by an agreement with one or more investment bankers or other purchasers to purchase such Securities by paying to the Trustee or the Paying Agent in trust for the Holders of Securities, on or before 10:00 a.m. Eastern Time New York time on the redemption dateRedemption Date, an amount not less than the redemption priceRedemption Price, together with interest, if any, accrued to the redemption date Redemption Date of such Securities, in immediately available funds. Notwithstanding anything to the contrary contained in this Article 3Eleven, the obligation of the Issuer Company to pay the redemption price Redemption Price of such Securities, including all accrued interest, if any, shall be deemed to be satisfied and discharged to the extent such amount is so paid by such purchasers. If such an agreement is entered into, any Securities not duly surrendered for conversion by the Holders thereof may, at the option of the IssuerCompany, be deemed, to the fullest extent permitted by law, acquired by such purchasers from such Holders and surrendered by such purchasers for conversion, all as of immediately prior to the close of business on the last day on which Securities of that series called for redemption may be converted in accordance with thison