Common use of Optional Redemption Provisions Clause in Contracts

Optional Redemption Provisions. At any time prior to November 3, 2018 (in the case of the 2018 Notes), October 3, 2020 (in the case of the 2020 Notes), September 3, 2022 (in the case of the 2022 Notes), August 3, 2025 (in the case of the 2025 Notes), May 3, 2035 (in the case of the 2035 Notes), May 3, 2045 (in the case of the 2045 Notes) and May 3, 2055 (in the case of the 2055 Notes), as the case may be, the Notes of such series shall be redeemable in whole or in part, at any time or from time to time, at the Company’s option, on at least 30 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be redeemed, at a redemption price, calculated by the Company, equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed and (ii) the sum of the present values of each remaining scheduled payment of principal and interest on the Notes to be redeemed (exclusive of interest accrued to the Redemption Date) discounted to the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 5 basis points (in the case of the 2018 Notes), 7.5 basis points (in the case of the 2020 Notes), 12.5 basis points (in the case of the 2022 Notes) 15 basis points (in the case of the 2025 Notes), 20 basis points (in the case of the 2035 Notes), 25 basis points (in the case of the 2045 Notes) or 30 basis points (in the case of the 2055 Notes). At any time on or after October 3, 2020 (in the case of the 2020 Notes), September 3, 2022 (in the case of the 2022 Notes), August 3, 2025 (in the case of the 2025 Notes), May 3, 2035 (in the case of the 2035 Notes), May 3, 2045 (in the case of the 2045 Notes) and May 3, 2055 (in the case of the 2055 Notes), as the case may be, the Notes of such series shall be redeemable in whole or in part, at any time, at the Company’s option, on at least 30 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be redeemed, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed.

Optional Redemption Provisions. At any time prior to November 3December 6, 2018 (in the case of the 2018 Notes), October 3September 15, 2020 2023 (in the case of the 2020 2023 Notes), September 3and June 15, 2022 2043 (in the case of the 2022 Notes), August 3, 2025 (in the case of the 2025 Notes), May 3, 2035 (in the case of the 2035 Notes), May 3, 2045 (in the case of the 2045 Notes) and May 3, 2055 (in the case of the 2055 2043 Notes), as the case may be, the Notes of such series shall be redeemable in whole or in part, at any time or from time to time, at the Company’s option, on at least 30 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be redeemed, at a redemption price, calculated by the Company, equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed and (ii) the sum of the present values of each remaining scheduled payment of principal and interest on the Notes to be redeemed (exclusive of interest accrued to the Redemption Date) discounted to the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 5 7 basis points (in the case of the 2018 Notes), 7.5 basis points (in the case of the 2020 Notes), 12.5 basis points (in the case of the 2022 Notes) 15 basis points (in the case of the 2025 2023 Notes), ) or 20 basis points (in the case of the 2035 Notes), 25 basis points (in the case of the 2045 Notes) or 30 basis points (in the case of the 2055 2043 Notes). At any time on or after October 3September 15, 2020 2023 (in the case of the 2020 2023 Notes)) and June 15, September 3, 2022 2043 (in the case of the 2022 Notes), August 3, 2025 (in the case of the 2025 Notes), May 3, 2035 (in the case of the 2035 Notes), May 3, 2045 (in the case of the 2045 Notes) and May 3, 2055 (in the case of the 2055 2043 Notes), as the case may be, the Notes of such series shall be redeemable in whole or in part, at any time, at the Company’s option, on at least 30 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be redeemed, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed.

Optional Redemption Provisions. At any time prior to November 3May 1, 2018 (in the case of the 2018 Notes), October 3February 1, 2020 2023 (in the case of the 2020 2023 Notes)) or November 1, September 3, 2022 2042 (in the case of the 2022 Notes), August 3, 2025 (in the case of the 2025 Notes), May 3, 2035 (in the case of the 2035 Notes), May 3, 2045 (in the case of the 2045 Notes) and May 3, 2055 (in the case of the 2055 2043 Notes), as the case may be, the Notes of such series shall be redeemable in whole or in part, at any time or from time to time, at the Company’s option, on at least 30 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be redeemed, at a redemption price, calculated by the Company, price equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed and (ii) the sum of the present values of each remaining scheduled payment of principal and interest on the Notes to be redeemed (exclusive of interest accrued to the Redemption Date) discounted to the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 5 basis points (in the case of the 2018 Notes), 7.5 10 basis points (in the case of the 2020 Notes), 12.5 basis points (in the case of the 2022 2023 Notes) or 15 basis points (in the case of the 2025 Notes), 20 basis points (in the case of the 2035 Notes), 25 basis points (in the case of the 2045 Notes) or 30 basis points (in the case of the 2055 2043 Notes). At any time on or after October 3February 1, 2020 2023 (in the case of the 2020 2023 Notes)) or November 1, September 3, 2022 2042 (in the case of the 2022 Notes), August 3, 2025 (in the case of the 2025 Notes), May 3, 2035 (in the case of the 2035 Notes), May 3, 2045 (in the case of the 2045 Notes) and May 3, 2055 (in the case of the 2055 2043 Notes), as the case may be, the Notes of such series shall be redeemable in whole or in part, at any time, at the Company’s option, on at least 30 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be redeemed, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed.

Optional Redemption Provisions. At any time prior to November 3, 2018 (in the case of the 2018 Notes), October 3January 12, 2020 (in the case of the 2020 Notes), September 3January 12, 2022 (in the case of the 2022 Notes), August 3November 12, 2025 2024 (in the case of the 2025 Notes), May 3August 12, 2035 2034 (in the case of the 2035 Notes), May 3August 12, 2045 2044 (in the case of the 2045 Notes) and May 3August 12, 2055 2054 (in the case of the 2055 Notes), as the case may be, the Notes of such series shall be redeemable in whole or in part, at any time or from time to time, at the Company’s option, on at least 30 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be redeemed, at a redemption price, calculated by the Company, equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed and (ii) the sum of the present values of each remaining scheduled payment of principal and interest on the Notes to be redeemed (exclusive of interest accrued to the Redemption Date) discounted to the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 5 basis points (in the case of the 2018 Notes), 7.5 basis points (in the case of the 2020 Notes), 12.5 10 basis points (in the case of the 2022 Notes) 15 ), 12.5 basis points (in the case of the 2025 Notes), ) 20 basis points (in the case of the 2035 Notes), 25 20 basis points (in the case of the 2045 Notes) or 30 25 basis points (in the case of the 2055 Notes). At any time on or after October 3January 12, 2020 (in the case of the 2020 Notes), September 3January 12, 2022 (in the case of the 2022 Notes), August 3November 12, 2025 2024 (in the case of the 2025 Notes), May 3August 12, 2035 2034 (in the case of the 2035 Notes), May 3August 12, 2045 2044 (in the case of the 2045 Notes) and May 3August 12, 2055 2054 (in the case of the 2055 Notes), as the case may be, the Notes of such series shall be redeemable in whole or in part, at any time, at the Company’s option, on at least 30 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be redeemed, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed.