Common use of REDEMPTION AT THE OPTION OF THE ISSUER; ELECTION TO REDEEM Clause in Contracts

REDEMPTION AT THE OPTION OF THE ISSUER; ELECTION TO REDEEM. The Issuer shall have the option to redeem the Notes, in whole but not in part, as to the then Outstanding Notes, on any Payment Date (the "Redemption Date") after the aggregate principal amount of the then Outstanding Notes is less than 10% of the original aggregate principal amount of the Notes, at the applicable Redemption Price plus any fees due hereunder. The Issuer shall set the Redemption Date and the Redemption Record Date and give notice thereof to the Trustee pursuant to Section 10.02 hereof. Installments of interest and principal due on or prior to a Redemption Date shall continue to be payable to the Holders of Notes called for redemption as of the relevant Record Dates according to their terms and the provisions of Section 3.07 hereof. The election of the Issuer to redeem any Notes pursuant to this Section 10.01 shall be evidenced by a Board Resolution directing the Trustee to make the payment of the applicable Redemption Price on all of the Notes to be redeemed from monies deposited with the Trustee pursuant to Section 10.04 hereof.

REDEMPTION AT THE OPTION OF THE ISSUER; ELECTION TO REDEEM. The Issuer shall have the option to redeem the Notes, in whole all (but not in part, as to less than all) of the then Outstanding Notes, on any Payment Date (the "Redemption Date") after on which the aggregate principal amount of the then Outstanding Notes Notes, after giving effect to any payments to be made on such date, is ten percent (10%) or less than 10% of the original aggregate principal amount of the Notes, at Notes as of the applicable Redemption Price plus any fees due hereunderClosing Date. The Issuer shall set the Redemption Date and the Redemption Record Date for the Notes and give notice thereof to the Trustee pursuant to Section 10.02 hereof. Installments of interest and principal that are due regarding the Notes on or prior to a the Redemption Date shall continue to be payable to the Holders of such Notes called for redemption as of the relevant Record Dates according to their terms and the provisions of Section 3.07 2.08 hereof. The election of the Issuer to redeem any the Notes pursuant to this Section 10.01 shall be evidenced by a Board Resolution directing the Trustee to make the payment of the applicable Redemption Price on all of the Notes to be redeemed from monies deposited with the Trustee pursuant to Section 10.04 10.02 hereof.

REDEMPTION AT THE OPTION OF THE ISSUER; ELECTION TO REDEEM. The Issuer shall have the option to redeem the Notes, in whole but not in part, as to the then Outstanding Notes, on at any Payment Date (the "Redemption Date") time after the aggregate principal amount of the then Outstanding Notes is less than 10% of the original aggregate principal amount of the Notes, at the applicable Redemption Price plus any fees due hereunder. The Issuer shall set the Redemption Date and the Redemption Record Date and give notice thereof to the Trustee pursuant to Section 10.02 hereof. Installments of interest and principal due on or prior to a Redemption Date shall continue to be payable to the Holders of Notes called for redemption as of the relevant Record Dates according to their terms and the provisions of Section 3.07 hereof. The election of the Issuer to redeem any Notes pursuant to this Section 10.01 shall be evidenced by a Board Resolution directing the Trustee to make the payment of the applicable Redemption Price on all of the Notes to be redeemed from monies deposited with the Trustee pursuant to Section 10.04 hereof.