Optional Prepayment Price Clause Samples

Optional Prepayment Price. Any prepayment pursuant to this paragraph will be made upon not less than thirty (30) days' nor more than sixty (60) days' notice to the Holders of the Debt Securities. If the Debt Securities are only partially prepaid pursuant to this Section 3.2, the Debt Securities will be prepaid pro rata or by lot or by any other method utilized by the Trustee; provided, that if at the time of prepayment the Debt Securities are registered as a Global Security, the Depositary shall determine, in accordance with its procedures, the principal amount of such Debt Securities held by each Holder of a Debt Security to be prepaid. The Optional Prepayment Price shall be paid prior to 12:00 noon, New York time, on the date of such prepayment or at such earlier time as the Company determines provided that the Company shall deposit with the Trustee an amount sufficient to pay the Optional Prepayment Price by 10:00 a.m., New York time, on the date such Optional Prepayment Price is to be paid.