Common use of Optional Redemption by Issuer Clause in Contracts

Optional Redemption by Issuer. (a) To the extent and subject to the conditions specified in the related Terms Indenture, the Issuer may, at its option, redeem Bonds of any Series and Class, in whole or in part, at the applicable Redemption Price therefor, on a random lot or pro rata basis, on any date that would otherwise constitute a Payment Date, all as permitted by the related Terms Indenture. If the Issuer shall elect to redeem Bonds pursuant to this Section 10.01, subject to the applicable provisions and restrictions set forth in the related Terms Indenture, it shall furnish notice of such election to the Indenture Trustee not later than 30 days prior to the Redemption Date whereupon all such Bonds shall be due and payable and the Issuer shall furnish a notice complying with Section 10.02 to each Holder of the Class or Classes being called for redemption pursuant to this Section 10. 01. The Issuer's option to redeem Bonds shall be evidenced by an Issuer Order directing the Indenture Trustee to redeem Bonds in the aggregate Principal Amount or Notional Amount (as the case may be), on the Redemption Date and at the Redemption Price specified in such Issuer Order. (b) Unless otherwise stated in the related Terms Indenture, the Redemption Price for any Bond of a Series to be redeemed pursuant to this Section 10.01 will be equal to 100% of the outstanding Principal Amount of such Bond, together with accrued and unpaid interest thereon at the applicable Bond Interest Rate through the end of the Interest Accrual Period relating to the Payment Date that will also constitute the Redemption Date. (c) In the case of a redemption pursuant to this Section 10.01, unless otherwise specified in the related Terms Indenture, on or before the Business Day next preceding the date on which notice of redemption is to be given as provided in Section 10.02, the Issuer shall deposit with the Paying Agent cash or Permitted Investments, in an amount sufficient (together with any amounts then available for such purpose in the related Bond Account and/or any other Pledged Fund or Account for such Series) to provide for payment on the Redemption Date of the Redemption Price for the Bonds of such Series to be redeemed.

Optional Redemption by Issuer. (a) To the extent and subject Subject to the conditions specified in provisions of Section 3.2(b) and to the related Terms provisions of Article Eleven of the Indenture, the Issuer may, at its option, shall have the right to redeem Bonds of any Series and Classthe Notes, in whole or in part, at the applicable Redemption Price thereforfrom time to time, on or after____________________, at a random lot or pro rata basis, on any date that would otherwise constitute a Payment Date, all as permitted by the related Terms Indenture. If the Issuer shall elect to redeem Bonds pursuant to this Section 10.01, subject to the applicable provisions and restrictions set forth in the related Terms Indenture, it shall furnish notice of such election to the Indenture Trustee not later than 30 days prior to the Redemption Date whereupon all such Bonds shall be due and payable and the Issuer shall furnish a notice complying with Section 10.02 to each Holder of the Class or Classes being called for redemption pursuant to this Section 10. 01. The Issuer's option to redeem Bonds shall be evidenced by an Issuer Order directing the Indenture Trustee to redeem Bonds in the aggregate Principal Amount or Notional Amount (as the case may be), on the Redemption Date and at the Redemption Price specified in such Issuer Order. (b) Unless otherwise stated in the related Terms Indenture, the Redemption Price for any Bond of a Series to be redeemed pursuant to this Section 10.01 will be price equal to 100% of the outstanding Principal Amount of such Bond, together with principal amount to be redeemed plus any accrued and unpaid interest thereon at the applicable Bond Interest Rate through the end of the Interest Accrual Period relating to the Payment Date that will also constitute date of such redemption (the "Optional Redemption Date. (c) In the case of a Price"). Any redemption pursuant to this paragraph will be made upon not less than 30 days' nor more than 60 days' notice to the Holder of the Notes, at the Optional Redemption Price. If the Notes are only partially redeemed pursuant to this Section 10.013.2, unless otherwise specified the Notes will be redeemed on a pro rata basis provided that if at the time of redemption the Notes are registered as a Global Note, the Depository shall determine, in accordance with its procedures, the related Terms Indentureprincipal amount of such Notes held by each Holder of Notes to be redeemed. The Optional Redemption Price shall be paid prior to 12:00 noon, New York time, on or before the Business Day next preceding the date on which notice of such redemption is to be given or at such earlier time as provided in Section 10.02, the Issuer determines and the Issuer shall deposit with the Paying Agent cash or Permitted Investments, in Trustee an amount sufficient to pay the Optional Redemption Price by 10:00 a.m., New York time, on the date such Optional Redemption Price is to be paid. (together with any amounts then available for such purpose b) If a partial redemption of the Notes would result in the related Bond Account and/or any other Pledged Fund or Account for such Series) to provide for payment on the Redemption Date delisting of the Redemption Price for Preferred Securities from any national securities exchange or other organization on which the Bonds of Preferred Securities are then listed, the Issuer shall not be permitted to effect such Series to be redeemedpartial redemption and may only redeem the Notes in whole.

Optional Redemption by Issuer. (a) To the extent and subject to the conditions If so specified in the related Terms Indentureapplicable Series Supplement, the Issuer may, at its option, redeem all, but not less than all, of the Bonds of a Series on any date after the Scheduled Payment Date for the Bonds of such Series and prior to the Final Maturity Date for such Series if, after giving effect to payments that would otherwise be made on such Payment Date, the Outstanding Amount of any such Series of Bonds has been reduced to less than five percent of the initial principal balance thereof. In no event, however, shall any Bonds be redeemable unless the Rating Agency Condition shall be satisfied with respect to such redemption. The redemption price in any case shall be equal to the outstanding principal amount of the Bonds to be redeemed plus, premium, if any, accrued and unpaid interest thereon at the Bond Interest Rate to the Optional Redemption Date (such price being called the "Optional Redemption Price"). If less than all the Bonds of any Series are to be redeemed (unless all of the Bonds of such Series and Classof a specified Class are to be redeemed), the particular Bonds to be redeemed shall be selected not more than 50 and not less than 25 days prior to the Optional Redemption Date by the Issuer, from the Bonds of such Series not previously called for redemption, by such method as the Issuer shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the Minimum Denomination for Bonds of that Series or any integral multiple thereof) of the principal amount of Bonds of such Series of a denomination larger than the Minimum Denomination for Bonds of that Series. If less than all of the Bonds of such Series and of a specified Class are to be redeemed, the particular Bonds to be redeemed shall be selected not more than 50 and not less than 25 days prior to the Optional Redemption Date by the Issuer, from the Outstanding Bonds of such Series and specified Class not previously called for redemption in accordance with the preceding sentence. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Bonds shall relate, in whole the case of any Bonds redeemed or to be redeemed only in part, at to the applicable Redemption Price therefor, on a random lot portion of the principal amount of such Bonds which has been or pro rata basis, on any date that would otherwise constitute a Payment Date, all as permitted by the related Terms Indentureis to be redeemed. If the Issuer shall elect to redeem the Bonds of a Series pursuant to this Section 10.01, subject to the applicable provisions and restrictions set forth in the related Terms Indenture, it shall furnish written notice (which notice shall state all items listed in Section 10.02) of such election to the Indenture Trustee and the Rating Agencies not later more than 30 50 and not less than 25 days prior to the Optional Redemption Date and shall deposit with the Indenture Trustee not later than one Business Day prior to the Optional Redemption Date the Optional Redemption Price of the Bonds to be redeemed whereupon all such Bonds shall be due and payable and on the Issuer shall furnish Optional Redemption Date upon the furnishing of a notice complying with Section 10.02 to each Holder of the Class or Classes being called for redemption pursuant to this Section 10. 01. The Issuer's option to redeem Bonds shall be evidenced by an Issuer Order directing the Indenture Trustee to redeem Bonds in the aggregate Principal Amount or Notional Amount (as the case may be), on the Redemption Date and at the Redemption Price specified in such Issuer Order. (b) Unless otherwise stated in the related Terms Indenture, the Redemption Price for any Bond of a Series to be redeemed pursuant to this Section 10.01 will be equal to 100% of the outstanding Principal Amount of such Bond, together with accrued and unpaid interest thereon at the applicable Bond Interest Rate through the end of the Interest Accrual Period relating to the Payment Date that will also constitute the Redemption Date. (c) In the case of a redemption Series pursuant to this Section 10.01, unless otherwise specified in the related Terms Indenture, on or before the Business Day next preceding the date on which notice of redemption is to be given as provided in Section 10.02, the Issuer shall deposit with the Paying Agent cash or Permitted Investments, in an amount sufficient (together with any amounts then available for such purpose in the related Bond Account and/or any other Pledged Fund or Account for such Series) to provide for payment on the Redemption Date of the Redemption Price for the Bonds of such Series to be redeemed.

Optional Redemption by Issuer. (a) To the extent and subject to the conditions specified If so provided in the related Terms IndentureSeries Supplement, the Issuer may, at its option, redeem all, but not less than all, of the Transition Bonds of any a Series and Class, in whole or in part, at the applicable Redemption Price therefor, on a random lot or pro rata basis, on any date Payment Date if, after giving effect to payments that would otherwise constitute a be made on such Payment Date, all as permitted by the related Terms IndentureOutstanding Amount of any such Series of Transition Bonds has been reduced to less than five percent of the initial principal balance of such Series. The redemption price in any case shall be equal to the outstanding principal amount of the Bonds to be redeemed plus accrued and unpaid interest thereon at the Bond Rate to the Redemption Date ( the "Redemption Price"). If the Issuer shall elect elects to redeem the Transition Bonds of a Series pursuant to this Section 10.01, subject to the applicable provisions and restrictions set forth in the related Terms Indenture, it shall furnish notice of such election to the Indenture Trustee not later than 30 25 days prior to the Redemption Date for such redemption and shall deposit with the Trustee the Redemption Price of the Transition Bonds to be redeemed plus interest accrued thereon to such Redemption Date on or prior to such Redemption Date whereupon all such Transition Bonds shall be due and payable and on such Redemption Date upon the Issuer shall furnish furnishing of a notice complying with Section 10.02 10.03 hereof to each Holder of the Class or Classes being called for redemption pursuant to this Section 10. 01. The Issuer's option to redeem Transition Bonds shall be evidenced by an Issuer Order directing the Indenture Trustee to redeem Bonds in the aggregate Principal Amount or Notional Amount (as the case may be), on the Redemption Date and at the Redemption Price specified in such Issuer Order. (b) Unless otherwise stated in the related Terms Indenture, the Redemption Price for any Bond of a Series to be redeemed pursuant to this Section 10.01 will be equal to 100% of the outstanding Principal Amount of such Bond, together with accrued and unpaid interest thereon at the applicable Bond Interest Rate through the end of the Interest Accrual Period relating to the Payment Date that will also constitute the Redemption Date. (c) In the case of a redemption Series pursuant to this Section 10.01, unless otherwise specified in the related Terms Indenture, on or before the Business Day next preceding the date on which notice of redemption is to be given as provided in Section 10.02, the Issuer shall deposit with the Paying Agent cash or Permitted Investments, in an amount sufficient (together with any amounts then available for such purpose in the related Bond Account and/or any other Pledged Fund or Account for such Series) to provide for payment on the Redemption Date of the Redemption Price for the Bonds of such Series to be redeemed.

Optional Redemption by Issuer. (a) To the extent and subject to the conditions If so specified in the related Terms Indentureapplicable Series Supplement, the Issuer may, at its option, redeem all, but not less than all, of the Bonds of a Series on any date after the Scheduled Final Payment Date for the Bonds of such Series and Classprior to the Final Maturity Date for such Series if, after giving effect to payments that would otherwise be made on such Payment Date, the Outstanding Amount of any such Series of Bonds has been reduced to less than or equal to five percent of the initial principal balance thereof. In no event, however, shall any Bonds be redeemable unless the Rating Agency Condition shall be satisfied with respect to such redemption. The redemption price in any case shall be equal to the outstanding principal amount of the Bonds to be redeemed plus, premium, accrued and unpaid interest thereon at the Bond Interest Rate to the Optional Redemption Date (such price being called the "Optional Redemption Price"). For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Bonds shall relate, in whole the case of any Bonds redeemed or to be redeemed only in part, at to the applicable Redemption Price therefor, on a random lot portion of the principal amount of such Bonds which has been or pro rata basis, on any date that would otherwise constitute a Payment Date, all as permitted by the related Terms Indentureis to be redeemed. If the Issuer shall elect to redeem the Bonds of a Series pursuant to this Section 10.01, subject to the applicable provisions and restrictions set forth in the related Terms Indenture, it shall furnish written notice (which notice shall state all items listed in Section 10.02) of such election to the Indenture Trustee and the Rating Agencies not later more than 30 50 and not less than 25 days prior to the Optional Redemption Date whereupon and shall deposit with the Indenture Trustee not later than one Business Day prior to the Optional Redemption Date the Optional Redemption Price of the Bonds to be redeemed whereupon, all such Bonds shall be due and payable and on the Issuer shall furnish Optional Redemption Date upon the furnishing of a notice complying with Section 10.02 to each Holder of the Class or Classes being called for redemption pursuant to this Section 10. 01. The Issuer's option to redeem Bonds shall be evidenced by an Issuer Order directing the Indenture Trustee to redeem Bonds in the aggregate Principal Amount or Notional Amount (as the case may be), on the Redemption Date and at the Redemption Price specified in such Issuer Order. (b) Unless otherwise stated in the related Terms Indenture, the Redemption Price for any Bond of a Series to be redeemed pursuant to this Section 10.01 will be equal to 100% of the outstanding Principal Amount of such Bond, together with accrued and unpaid interest thereon at the applicable Bond Interest Rate through the end of the Interest Accrual Period relating to the Payment Date that will also constitute the Redemption Date. (c) In the case of a redemption Series pursuant to this Section 10.01, unless otherwise specified in the related Terms Indenture, on or before the Business Day next preceding the date on which notice of redemption is to be given as provided in Section 10.02, the Issuer shall deposit with the Paying Agent cash or Permitted Investments, in an amount sufficient (together with any amounts then available for such purpose in the related Bond Account and/or any other Pledged Fund or Account for such Series) to provide for payment on the Redemption Date of the Redemption Price for the Bonds of such Series to be redeemed.

Optional Redemption by Issuer. (a) To the extent and subject to the conditions If so specified in the related Terms Indentureapplicable Series Supplement, the Issuer may, at its option, redeem all, but not less than all, of the Bonds of a Series on any date after the Scheduled Payment Date for the Bonds of such Series and prior to the Final Maturity Date for such Series if, after giving effect to payments that would otherwise be made on such Payment Date, the Outstanding Amount of any such Series of Bonds has been reduced to less than five percent of the initial principal balance thereof. In no event, however, shall any Bonds be redeemable unless the Rating Agency Condition shall be satisfied with respect to such redemption. The redemption price in any case shall be equal to the outstanding principal amount of the Bonds to be redeemed plus, premium, accrued and unpaid interest thereon at the Bond Interest Rate to the Optional Redemption Date (such price being called the "Optional Redemption Price"). If less than all the Bonds of any Series are to be redeemed (unless all of the Bonds of such Series and Classof a specified Class are to be redeemed), the particular Bonds to be redeemed shall be selected not more than 50 and not less than 25 days prior to the Optional Redemption Date by the Issuer, from the Bonds of such Series not previously called for redemption, by such method as the Issuer shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the Minimum Denomination for Bonds of that Series or any integral multiple thereof) of the principal amount of Bonds of such Series of a denomination larger than the Minimum Denomination for Bonds of that Series. If less than all of the Bonds of such Series and of a specified Class are to be redeemed, the particular Bonds to be redeemed shall be selected not more than 50 and not less than 25 days prior to the Optional Redemption Date by the Issuer, from the Outstanding Bonds of such Series and specified Class not previously called for redemption in accordance with the preceding sentence. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Bonds shall relate, in whole the case of any Bonds redeemed or to be redeemed only in part, at to the applicable Redemption Price therefor, on a random lot portion of the principal amount of such Bonds which has been or pro rata basis, on any date that would otherwise constitute a Payment Date, all as permitted by the related Terms Indentureis to be redeemed. If the Issuer shall elect to redeem the Bonds of a Series pursuant to this Section 10.01, subject to the applicable provisions and restrictions set forth in the related Terms Indenture, it shall furnish written notice (which notice shall state all items listed in Section 10.02) of such election to the Indenture Trustee and the Rating Agencies not later more than 30 50 and not less than 25 days prior to the Optional Redemption Date whereupon and shall deposit with the Indenture Trustee not later than one Business Day prior to the Optional Redemption Date the Optional Redemption Price of the Bonds to be redeemed whereupon, all such Bonds shall be due and payable and on the Issuer shall furnish Optional Redemption Date upon the furnishing of a notice complying with Section 10.02 to each Holder of the Class or Classes being called for redemption pursuant to this Section 10. 01. The Issuer's option to redeem Bonds shall be evidenced by an Issuer Order directing the Indenture Trustee to redeem Bonds in the aggregate Principal Amount or Notional Amount (as the case may be), on the Redemption Date and at the Redemption Price specified in such Issuer Order. (b) Unless otherwise stated in the related Terms Indenture, the Redemption Price for any Bond of a Series to be redeemed pursuant to this Section 10.01 will be equal to 100% of the outstanding Principal Amount of such Bond, together with accrued and unpaid interest thereon at the applicable Bond Interest Rate through the end of the Interest Accrual Period relating to the Payment Date that will also constitute the Redemption Date. (c) In the case of a redemption Series pursuant to this Section 10.01, unless otherwise specified in the related Terms Indenture, on or before the Business Day next preceding the date on which notice of redemption is to be given as provided in Section 10.02, the Issuer shall deposit with the Paying Agent cash or Permitted Investments, in an amount sufficient (together with any amounts then available for such purpose in the related Bond Account and/or any other Pledged Fund or Account for such Series) to provide for payment on the Redemption Date of the Redemption Price for the Bonds of such Series to be redeemed.

Optional Redemption by Issuer. (a) To the extent Provided that no Issuer Event of Default has occurred and subject to the conditions specified in the related Terms Indentureis continuing, the Issuer may, at its option, redeem Bonds of any Series and Class, in whole or in part, at the applicable Redemption Price therefor, on a random lot or pro rata basis, on any date that would otherwise constitute a Payment Date, all Date as permitted by of which the related Terms Indentureaggregate Principal Amount of such Class is less than or equal to ___% of the initial aggregate Principal Amount thereof. If the Issuer shall elect to redeem Bonds pursuant to this Section 10.01, subject to the applicable provisions and restrictions set forth in the related Terms Indenture11.01, it shall furnish notice of such election to the Indenture Trustee not later than 30 days prior to the Redemption Date whereupon all such Bonds shall be due and payable and the Issuer shall furnish a notice complying with Section 10.02 11.02 to each Holder of the Class or Classes being called for redemption pursuant to this Section 1011. 01. The Issuer's option to redeem Bonds shall be evidenced by an Issuer Order directing the Indenture Trustee to redeem Bonds in the aggregate Principal Amount or Notional Amount (as the case may be), on the Redemption Date and at the Redemption Price specified in such Issuer Order. (b) Unless otherwise stated in the related Terms Indenture, the The Redemption Price for any Bond of a Series to be redeemed pursuant to this Section 10.01 11.01 will be equal to 100% of the outstanding Principal Amount of such Bond, together with accrued and unpaid interest thereon at the applicable Bond Interest Rate through the end of the Interest Accrual Period relating to the Payment Date that will also constitute the Redemption Date. (c) In the case of a redemption pursuant to this Section 10.01, unless otherwise specified in the related Terms Indenture11.01, on or before the Business Day next preceding the date on which notice of redemption is to be given as provided in Section 10.0211.02, the Issuer shall deposit with the Paying Agent cash or Permitted Investments, in an amount sufficient (together with any amounts then available for such purpose in the related Bond Account and/or any other Pledged Fund or Account for such SeriesAccount) to provide for payment on the Redemption Date of the Redemption Price for the Bonds of such Series to be redeemed. (d) On any Redemption Date, following the payments to be made on such date pursuant to Article X, the Indenture Trustee shall withdraw from the Bond Account and, subject to Section 2.07(e) hereof, pay to the Holders of the Bonds to be redeemed the full Principal Amount thereof, together with any unpaid interest thereon through the end of the related Interest Accrual Period.]

Optional Redemption by Issuer. (a) To the extent and subject Subject to the conditions specified in provisions of Article Twelve of the related Terms Original Indenture, the Issuer may, at its option, shall have the right to redeem Bonds of any Series and Classthe Debentures, in whole or in part, from time to time, at the applicable Redemption Price therefor, on a random lot or pro rata basis, on any date that would otherwise constitute a Payment Date, all as permitted by the related Terms Indenture. If the Issuer shall elect to redeem Bonds pursuant to this Section 10.01, subject redemption price equal to the applicable provisions and restrictions set forth in the related Terms Indenture, it shall furnish notice of such election to the Indenture Trustee not later than 30 days prior to the Optional Redemption Date whereupon all such Bonds shall be due and payable and the Issuer shall furnish a notice complying with Section 10.02 to each Holder of the Class or Classes being called for redemption pursuant to this Section 10. 01. The Issuer's option to redeem Bonds shall be evidenced by an Issuer Order directing the Indenture Trustee to redeem Bonds in the aggregate Principal Amount or Notional Amount (as the case may be), on the Redemption Date and at the Redemption Price specified in such Issuer OrderPrice. (b) Unless otherwise stated in If the related Terms Indenture, the Redemption Price for any Bond of a Series to be Debentures are only partially redeemed pursuant to this Section 10.01 will be equal to 100% 15.2 of the Indenture, the Debentures to be redeemed shall be selected on a pro rata basis not more than 60 days prior to the date fixed for redemption from the outstanding Principal Amount Debentures not previously called for redemption; provided, however, that with respect to Securityholders that would be required to hold Debentures with an aggregate principal amount of less than $100,000 but more than an aggregate principal amount of zero as a result of such Bondpro rata redemption, together the Issuer shall redeem Debentures of each such Securityholder so that after such redemption such Securityholder shall hold Debentures either with accrued an aggregate principal amount of at least $100,000 or such Securityholder no longer holds any Debentures and unpaid interest thereon at shall use such method (including, without limitation, by lot) as the applicable Bond Interest Rate through Issuer shall deem fair and appropriate; and provided, further, that any such proration may be made on the end basis of the Interest Accrual Period relating aggregate principal amount of Debentures held by each Securityholder and may be made by making such adjustments as the Issuer deems fair and appropriate in order that only Debentures in denominations of $1,000 or integral multiples thereof shall be redeemed. The Optional Redemption Price shall be paid prior to the Payment Date that will also constitute the Redemption Date. (c) In the case of a redemption pursuant to this Section 10.0112:00 noon, unless otherwise specified in the related Terms IndentureNew York City time, on or before the Business Day next preceding the date on which notice of such redemption is to be given or at such earlier time as the Issuer determines; provided in Section 10.02, that the Issuer shall deposit with the Paying Agent cash or Permitted Investments, in Trustee an amount sufficient (together with any amounts then available for such purpose in to pay the related Bond Account and/or any other Pledged Fund or Account for such Series) to provide for payment Optional Redemption Price by 10:00 a.m., New York City time, on the Redemption Date of the date such Optional Redemption Price for the Bonds of such Series is to be redeemedpaid.

Optional Redemption by Issuer. (a) To the extent and subject to the conditions specified in the related Terms Indenture, the The Issuer may, at its option, redeem all, but not less than all, of the Bonds of any Series and Class, in whole or in part, at the applicable Redemption Price therefor, on a random lot or pro rata basis, on any date Payment Date if, after giving effect to payments that would otherwise constitute a be made on such Payment Date, all as permitted by the related Terms IndentureOutstanding Amount has been reduced to less than five percent of the initial principal balance thereof at a price equal to the outstanding principal amount of the Bonds to be redeemed plus accrued and unpaid interest thereon at the Bond Interest Rate to the Optional Redemption Date (such price being called the "Optional Redemption Price"). If the Issuer shall elect to redeem the Bonds pursuant to this Section 10.01, subject to the applicable provisions and restrictions set forth in the related Terms Indenture, it shall furnish written notice (which notice shall state all items listed in Form of Optional Redemption Notice. Notice of redemption under Section 10.01 shall be given by the Trustee by first-class mail, postage prepaid, mailed not less than five days nor more than 25 days prior to the Optional Redemption Date to each Holder of Bonds to be redeemed, as of the close of business on the Record Date preceding the Optional Redemption Date at such Holder's address appearing in the Register.) of such election to the Indenture Trustee and the Rating Agencies not later than 25 days prior to the Optional Redemption Date and shall deposit with the Trustee not later than 30 days one Business Day prior to the Optional Redemption Date the Optional Redemption Price of the Bonds to be redeemed whereupon all such Bonds shall be due and payable and on the Issuer shall furnish Optional Redemption Date upon the furnishing of a notice complying with Form of Optional Redemption Notice. Notice of redemption under Section 10.02 10.01 shall be given by the Trustee by first-class mail, postage prepaid, mailed not less than five days nor more than 25 days prior to the Optional Redemption Date to each Holder of the Class or Classes being called for redemption pursuant to this Section 10. 01. The Issuer's option to redeem Bonds shall be evidenced by an Issuer Order directing the Indenture Trustee to redeem Bonds in the aggregate Principal Amount or Notional Amount (as the case may be), on the Redemption Date and at the Redemption Price specified in such Issuer Order. (b) Unless otherwise stated in the related Terms Indenture, the Redemption Price for any Bond of a Series to be redeemed pursuant to this Section 10.01 will be equal to 100% of the outstanding Principal Amount of such Bond, together with accrued and unpaid interest thereon at the applicable Bond Interest Rate through the end of the Interest Accrual Period relating to the Payment Date that will also constitute the Redemption Date. (c) In the case of a redemption pursuant to this Section 10.01, unless otherwise specified in the related Terms Indenture, on or before the Business Day next preceding the date on which notice of redemption is to be given as provided in Section 10.02, the Issuer shall deposit with the Paying Agent cash or Permitted Investments, in an amount sufficient (together with any amounts then available for such purpose in the related Bond Account and/or any other Pledged Fund or Account for such Series) to provide for payment on the Redemption Date of the Redemption Price for the Bonds of such Series to be redeemed, as of the close of business on the Record Date preceding the Optional Redemption Date at such Holder's address appearing in the Register.