Common use of Partial Redemption of Notes Clause in Contracts

Partial Redemption of Notes. 3.2.1 If less than all the Notes are to be redeemed pursuant to Section 3.1, the Company shall, at least 15 days prior to the date that notice of redemption is given, notify the Trustee by Company Order stating the Company’s intention to redeem the aggregate principal amount of the Notes to be redeemed. The Notes to be redeemed shall be selected by the Trustee, if the Notes are in Global Form, in accordance with the procedures of DTC and if the Notes are certificated, on a pro rata basis, disregarding fractions, according to the principal amount of the Notes registered in the respective names of each Holder, or in such other manner as the Trustee may consider equitable, provided that such selection shall be proportionate (to the nearest minimum authorized denomination for the Notes established pursuant to Section 2.3). 3.2.2 If the Notes in denominations in excess of the minimum authorized denomination for the Notes are selected and called for redemption in part only (such part being that minimum authorized denomination or an integral multiple thereof) then, unless the context otherwise requires, references to the Notes in this Article 3 shall be deemed to include any such part of the principal amount of the Notes which shall have been so selected and called for redemption. The Holder of any Notes called for redemption in part only, upon surrender of such Notes for payment, shall be entitled to receive, without expense to such Holder, new Notes for the unredeemed part of the Notes so surrendered, and the Company shall execute and the Trustee shall authenticate and deliver, at the expense of the Company, such new Notes having the same terms as are set out herein upon receipt from the Trustee or the Paying Agent of the Notes so surrendered.

Partial Redemption of Notes. 3.2.1 If less than all of the Notes of a Series for the time being outstanding are to be redeemed pursuant to Section 3.1redeemed, the Company Corporation shall, at least 15 days prior to Business Days and not more than 60 Business Days before the date that upon which notice of redemption is givento be given to Holders of such Notes, notify the Trustee by Company Order stating in writing of the Company’s Corporation's intention to redeem Notes of such Series and of the aggregate principal amount of the Notes to be redeemed. The Notes so to be redeemed shall be selected by the Trustee, if Trustee on a pro rata basis (to the Notes are in Global Form, nearest multiple of $1,000) in accordance with the procedures of DTC and if the Notes are certificated, on a pro rata basis, disregarding fractions, according to the principal amount of the Notes of such Series registered in the respective names name of each Holder, Holder or in by lot or by such other manner means as the Trustee may consider equitabledeem equitable and expedient. For this purpose, provided that the Trustee may make regulations with regard to the manner in which such selection Notes may be so selected, and regulations so made shall be proportionate (to the nearest minimum authorized denomination for the Notes established pursuant to Section 2.3). 3.2.2 If the valid and binding upon all Noteholders. Notes in denominations in excess of the minimum authorized denomination for the Notes are $1,000 may be selected and called for redemption in part only (such part being that minimum authorized denomination $1,000 or an integral multiple thereof) thenand, unless the context otherwise requires, references reference to the Notes in this Article 3 Section 5 shall be deemed to include any such part of the principal amount of the Notes which shall have been so selected and called for redemption. The Holder of any Notes Note called for redemption in part only, upon surrender of such Notes Note for payment, shall be entitled to receive, without expense to such Holder, one or more new Notes for the unredeemed part of the Notes Note so surrendered, and the Company shall execute and the Trustee shall authenticate certify and deliver, at the expense deliver such new Note or Notes upon receipt of the Company, such new Notes having the same terms as are set out herein upon receipt from the Trustee or the Paying Agent of the Notes Note so surrendered.

Partial Redemption of Notes. 3.2.1 If less than all of the Notes of any Series for the time being outstanding are to be redeemed pursuant to Section 3.1redeemed, the Company shallIssuer shall in each such case, at least 15 10 days prior to before the date that upon which the notice of redemption is required to be given, notify the Trustee by Company Order stating in writing of the Company’s Issuer's intention to redeem Notes of such Series and of the aggregate principal amount of the Notes to be redeemed. The Notes so to be redeemed shall be selected by the Trustee, if the Notes are in Global Form, in accordance with the procedures of DTC and if the Notes are certificated, Trustee on a pro rata basis, disregarding fractions, according to the principal amount of the Notes registered in the respective names of each Holder, or in such other manner (which may include random selection by computer) as the Trustee shall deem equitable and expedient. For this purpose, the Trustee may consider equitablemake regulations with regard to the manner in which such Notes may be so selected, provided that such selection and regulations so made shall be proportionate (to the nearest minimum authorized denomination for the valid and binding upon all Noteholders. Notes established pursuant to Section 2.3). 3.2.2 If the Notes in of denominations in excess of the minimum authorized denomination for the Notes are $1,000 may be selected and called for redemption in part only (such part being that minimum authorized denomination $1,000 or an integral multiple thereof) then), and, unless the context otherwise requires, references reference to the Notes in this Article 3 5 shall be deemed to include any such part of the principal amount of the Notes which shall have been so selected and called for redemption. The Holder holder of any Notes Note called for redemption in part only, upon surrender of such Notes Note for paymentpayment in accordance with this Indenture, shall be entitled to receive, without expense to such Holderholder, one or more new Notes for the unredeemed part of the Notes Note so surrendered, and the Company shall execute and the Trustee shall authenticate certify and deliver, at the expense deliver such new Note or Notes upon receipt of the Company, such new Notes having the same terms as are set out herein upon receipt from the Trustee or the Paying Agent of the Notes Note so surrendered.

Partial Redemption of Notes. 3.2.1 If less than all of the Notes of any Series for the time being outstanding are to be redeemed pursuant to Section 3.1redeemed, the Company shallIssuer shall in each such case, at least 15 10 days prior to before the date that upon which the notice of redemption is required to be given, notify the Trustee by Company Order stating in writing of the CompanyIssuer’s intention to redeem Notes of such Series and of the aggregate principal amount of the Notes to be redeemed. The Notes to be redeemed shall be selected by the Trustee, if the Notes are in Global Form, in accordance with the procedures of DTC and if the Notes are certificated, Trustee on a pro rata basis, disregarding fractions, according to the principal amount of the Notes registered in the respective names of each Holder, or in such other manner (which may include random selection by computer) as the Trustee shall deem equitable and expedient. For this purpose, the Trustee may consider equitablemake regulations with regard to the manner in which such Notes may be so selected, provided that such selection and regulations so made shall be proportionate (to the nearest minimum authorized denomination for the valid and binding upon all Noteholders. Notes established pursuant to Section 2.3). 3.2.2 If the Notes in of denominations in excess of the minimum authorized denomination for the Notes are $2,000 may be selected and called for redemption in part only (such part being that minimum authorized denomination $2,000 or an integral multiple thereof) then), and, unless the context otherwise requires, references reference to the Notes in this Article 3 5 shall be deemed to include any such part of the principal amount of the Notes which shall have been so selected and called for redemption. The Holder holder of any Notes Note called for redemption in part only, upon surrender of such Notes Note for paymentpayment in accordance with this Indenture, shall be entitled to receive, without expense to such Holderholder, one or more new Notes for the unredeemed part of the Notes Note so surrendered, and the Company shall execute and the Trustee shall authenticate certify and deliver, at the expense deliver such new Note or Notes upon receipt of the Company, such new Notes having the same terms as are set out herein upon receipt from the Trustee or the Paying Agent of the Notes Note so surrendered.

Partial Redemption of Notes. 3.2.1 If less than all the Notes are to be redeemed pursuant to Section 3.1, the Company Corporation shall, at least 15 days prior to the date that notice of redemption is given, notify the Trustee by Company Order of the Corporation stating the CompanyCorporation’s intention to redeem the applicable aggregate principal amount of the Notes to be redeemed. The Notes to be redeemed shall be selected by the Trusteeselected, if the Notes are in represented by a Global FormNote, in accordance with the procedures of DTC and the Depository or if the Notes are certificated, on a pro rata basis, disregarding fractions, according to the principal amount of the Notes registered in the respective names of each Holder, or or, in any case, in such other manner as the Trustee may consider equitable, provided that such selection shall be proportionate (to the nearest minimum authorized denomination for the Notes established pursuant to Section 2.3). 3.2.2 If the Notes in denominations in excess of the minimum authorized denomination for the Notes are selected and called for redemption in part only (such part being that minimum authorized denomination or an integral multiple thereof) then, unless the context otherwise requires, references to the Notes in this Article 3 shall be deemed to include any such part of the principal amount of the Notes which shall have been so selected and called for redemption. The Holder of any Notes called for redemption in part only, upon surrender of such Notes for payment, shall be entitled to receive, without expense to such Holder, new Notes for the unredeemed part of the Notes so surrendered, and the Company Corporation shall execute and the Trustee shall authenticate and deliver, at the expense of the CompanyCorporation, such new Notes having the same terms as are set out herein upon receipt from the Trustee or the Paying Agent of the Notes so surrendered.