Common use of Exercise of Call Option Clause in Contracts

Exercise of Call Option. In connection with an exercise of the option contained in Condition 7(c) (Redemption at the option of the Issuer) in relation to some only of the Notes, the Notes represented by this Rule 144A Global Note Certificate may be redeemed in part in the principal amount specified by the Issuer in accordance with the Conditions and the Notes to be redeemed will not be selected as provided in the Conditions but in accordance with the rules and procedures of DTC (to be reflected in the records of DTC as either a pool factor or a reduction in minimal amount, at its discretion).

Appears in 2 contracts

Samples: Trust Deed, Trust Deed

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Exercise of Call Option. In connection with an exercise of the option contained in Condition 7(c) (Redemption at the option of the Issuer) in relation to some only of the Notes, the Notes represented by this Rule 144A Regulation S Global Note Certificate may be redeemed in part in the principal amount specified by the Issuer in accordance with the Conditions and the Notes to be redeemed will not be selected as provided in the Conditions but in accordance with the rules and procedures of DTC (to be reflected in the records of DTC as either a pool factor or a reduction in minimal amount, at its discretion).

Appears in 2 contracts

Samples: Trust Deed, Trust Deed

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