Common use of Optional Redemption by the Corporation Clause in Contracts

Optional Redemption by the Corporation. The Series 10 Notes will be redeemable in whole or in part, at the option of the Corporation, at any time at a Redemption Price equal to the greater of (i) 100% of the principal amount thereof and (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon (exclusive of interest accrued to the Redemption Date) discounted to the Redemption Date, on a semi-annual basis, (assuming a 360 day year of twelve 30 day months) at the Treasury Rate plus 30 basis points, together in each case with accrued interest thereon to the Redemption Date.

Optional Redemption by the Corporation. The Series 10 9 Notes will be redeemable in whole or in part, at the option of the Corporation, at any time at a Redemption Price equal to the greater of (i) 100% of the principal amount thereof and (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon (exclusive of interest accrued to the Redemption Date) discounted to the Redemption Date, on a semi-annual basis, (assuming a 360 day year of twelve 30 day months) at the Treasury Rate plus 30 25 basis points, together in each case with accrued interest thereon to the Redemption Date.