Common use of Redemption and Distribution Clause in Contracts

Redemption and Distribution. (a) Upon the repayment of the Debentures, at maturity, the proceeds from such repayment shall, after satisfaction of liabilities to creditors, be simultaneously applied to redeem Securities having an aggregate liquidation amount equal to the aggregate principal amount of the Debentures so repaid at a redemption price of $____ per Security plus an amount equal to accrued and unpaid Distributions thereon at the date of the redemption, payable in cash. [The Debentures are prepayable prior to the Stated Maturity at the option of the Debenture Issuer (i) in whole or in part, from time to time, on or after [ ] or (ii) at any time prior to [ ], in whole but not in part, upon the occurrence and continuation of a Special Event, in either case at a prepayment price (the "Prepayment Price") equal to 100% of the principal amount thereof, plus accrued and unpaid interest thereon (including Additional Interest and Compound Interest, if any) to the date of prepayment.] The Debentures are prepayable as set forth in this Section 5. Upon the repayment of the Debentures in whole or in part, whether at maturity or upon redemption, the proceeds from such repayment or payment shall be simultaneously applied to redeem Securities having an aggregate liquidation amount equal to the aggregate principal amount of the Debenture so repaid or redeemed at the Prepayment Price. If fewer than all the outstanding Securities are to be so redeemed, the Securities will be redeemed Pro Rata and the Trust Preferred Securities to be redeemed will be as described in Section 6.

Redemption and Distribution. (a) Upon the repayment of the Debentures, Debentures at maturity, the proceeds from such repayment shall, after satisfaction of liabilities to creditorscreditors of the Trust, be simultaneously applied to redeem Securities having an aggregate liquidation amount equal to the aggregate principal amount of the Debentures so repaid at a redemption price of $____ 25 per Security plus an amount equal to accrued accumulated and unpaid Distributions thereon at the date of the redemption, payable in cash. [The Debentures are prepayable redeemable prior to the Stated Maturity at the option of the Debenture Issuer (i) in whole or in part, from time to time, on or after [ ] February 1, 2007 or (ii) at any time prior to [ ]February 1, 2007, in whole but not in part, upon within 90 days following the occurrence and continuation of a Special Event, in either case at a prepayment redemption price (the "Prepayment Redemption Price") equal to 100% of the principal amount thereof, plus accrued and unpaid interest thereon (including Additional Interest and Compound Interest, if any) to the date of prepayment.] The Debentures are prepayable as set forth in this Section 5redemption. Upon the repayment of the Debentures in whole or in part, whether at maturity or upon redemption, the proceeds from such repayment or payment shall be simultaneously applied to redeem Securities having an aggregate liquidation amount equal to the aggregate principal amount of the Debenture so repaid or redeemed at the Prepayment Redemption Price. If fewer than all the outstanding Securities are to be so redeemed, the Securities will be redeemed Pro Rata and the Trust Preferred Securities to be redeemed will be as described in Section 6.

Redemption and Distribution. (a) Upon the repayment of the Debentures, Debentures at maturity, the proceeds from such repayment shall, after satisfaction of liabilities to creditorscreditors of the Trust, be simultaneously applied to redeem Securities having an aggregate liquidation amount equal to the aggregate principal amount of the Debentures so repaid at a redemption price of $____ 25 per Security plus an amount equal to accrued accumulated and unpaid Distributions thereon at the date of the redemption, payable in cash. [The Debentures are prepayable redeemable prior to the Stated Maturity at the option of the Debenture Issuer (i) in whole or in part, from time to time, on or after [ ] June 1, 2009 or (ii) at any time prior to [ ]June 1, 2009, in whole but not in part, upon within 90 days following the occurrence and continuation of a Special Event, in either case at a prepayment redemption price (the "Prepayment Redemption Price") equal to 100% of the principal amount thereof, plus accrued and unpaid interest thereon (including Additional Interest and Compound Interest, if any) to the date of prepayment.] The Debentures are prepayable as set forth in this Section 5redemption. Upon the repayment of the Debentures in whole or in part, whether at maturity or upon redemption, the proceeds from such repayment or payment shall be simultaneously applied to redeem Securities having an aggregate liquidation amount equal to the aggregate principal amount of the Debenture Debentures so repaid or redeemed at the Prepayment Redemption Price. If fewer than all the outstanding Securities are to be so redeemed, the Securities will be redeemed Pro Rata and the Trust Preferred Securities to be redeemed will be as described in Section 6.