Common use of Optional Redemption Procedures Clause in Contracts

Optional Redemption Procedures. (a) The provisions of Article XII of the Base Indenture shall apply in the case of a redemption pursuant to Article Four solely for the benefit of the Holders of the Notes; provided that this Section 4.3 shall not become part of the terms of any other series of Securities: (i) the first sentence of Section 1203 in the Base Indenture shall be superseded by the following language: “If less than all the Securities of any series are to be redeemed (unless all the Securities of such series and of a specified tenor are to be redeemed or unless such redemption affects only a single Security), the particular Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series not previously called for redemption, in accordance with the applicable Depository Trust Company procedures; provided that the unredeemed portion of the principal amount of any Security shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such Security.”; (ii) clause (2) of the second paragraph of Section 1204 of the Base Indenture shall be superseded by the following language:

Optional Redemption Procedures. (a) The provisions of Article XII of the Base Indenture shall apply in the case of a redemption pursuant to Article Four Four; provided that the first sentence of Section 1203 in the Base Indenture shall be superseded by the following language with respect to, and solely for the benefit of the Holders of the Notes; provided that this Section 4.3 shall not become part of the terms of any other series of Securities: (i) the first sentence of Section 1203 in the Base Indenture shall be superseded by the following language: “If less than all the Securities of any series are to be redeemed (unless all the Securities of such series and of a specified tenor are to be redeemed or unless such redemption affects only a single Security), the particular Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series not previously called for redemption, in accordance with the applicable Depository Trust Company procedures; provided that the unredeemed portion of the principal amount of any Security shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such Security.”; (ii) clause (2) of the second paragraph of Section 1204 of the Base Indenture shall be superseded by the following language: