Common use of Redemption at the Option of the Issuer Clause in Contracts

Redemption at the Option of the Issuer. At any time before April 15, 2026 (the date that is three months prior to the Stated Maturity), the Notes are redeemable as a whole or in part, at the option of the Issuer, at a redemption price, calculated by the Quotation Agent, equal to the greater of the following amounts, plus, in either case, accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption: (i) 100% of the principal amount of the Notes being redeemed; or (ii) the sum of the present values of the remaining scheduled payments of the principal of and interest on the Notes to be redeemed that would be due if the Notes matured on April 15, 2026 (exclusive of interest accrued to the date of redemption), discounted to April 15, 2026 on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 basis points. At any time on or after April 15, 2026 (the date that is three months prior to the Stated Maturity), the Notes are redeemable as a whole or in part at any time and from time to time, at the option of the Issuer, at a redemption price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption. As used in this Section 2.8 only, the terms set forth below shall have the following respective meanings:

Redemption at the Option of the Issuer. At any time before April 15, 2026 (the date that is three months prior to the Stated Maturity)2027, the Notes are redeemable as a whole or in part, at the option of the Issuer, at a redemption price, calculated by the Quotation Agent, equal to the greater of the following amounts, plus, in either case, accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption: (i) 100% of the principal amount of the Notes being redeemed; or (ii) the sum of the present values of the remaining scheduled payments of the principal of and interest on the Notes to be redeemed that would be due if the Notes matured on April 15, 2026 2027 (exclusive of interest accrued to the date of redemption), discounted to April 15, 2026 the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 20 basis points. At any time on or after April 15, 2026 (the date that is three months prior to the Stated Maturity)2027, the Notes are redeemable as a whole or in part at any time and from time to timepart, at the option of the Issuer, at a redemption price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption. As used in this Section 2.8 only, the terms set forth below shall have the following respective meanings:

Redemption at the Option of the Issuer. At any time before April 151, 2026 2045 (the date that is three six months prior to the Stated Maturity), the Notes are redeemable as a whole or in part, at the option of the Issuer, at a redemption price, calculated by the Quotation Agent, equal to the greater of the following amounts, plus, in either case, accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption: (i) 100% of the principal amount of the Notes being redeemed; or (ii) the sum of the present values of the remaining scheduled payments of the principal of and interest on the Notes to be redeemed that would be due if the Notes matured on April 151, 2026 2045 (exclusive of interest accrued to the date of redemption), discounted to April 15, 2026 the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 30 basis points. At any time on or after April 151, 2026 2045 (the date that is three six months prior to the Stated Maturity), the Notes are redeemable as a whole or in part at any time and from time to time, at the option of the Issuer, at a redemption price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption. As used in this Section 2.8 only, the terms set forth below shall have the following respective meanings:

Redemption at the Option of the Issuer. At any time before April June 15, 2026 2021 (the date that is three months one month prior to the Stated Maturity), the Notes are redeemable as a whole or in part, at the option of the Issuer, at a redemption price, calculated by the Quotation Agent, equal to the greater of the following amounts, plus, in either case, accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption: (i) 100% of the principal amount of the Notes being redeemed; or (ii) the sum of the present values of the remaining scheduled payments of the principal of and interest on the Notes to be redeemed that would be due if the Notes matured on April June 15, 2026 2021 (exclusive of interest accrued to the date of redemption), discounted to April June 15, 2026 2021 on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 20 basis points. At any time on or after April June 15, 2026 2021 (the date that is three months one month prior to the Stated Maturity), the Notes are redeemable as a whole or in part at any time and from time to time, at the option of the Issuer, at a redemption price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption. As used in this Section 2.8 only, the terms set forth below shall have the following respective meanings:

Redemption at the Option of the Issuer. At any time before April 15October 1, 2026 2045 (the date that is three six months prior to the Stated Maturity), the Notes are redeemable as a whole or in part, at the option of the Issuer, at a redemption price, calculated by the Quotation Agent, equal to the greater of the following amounts, plus, in either case, accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption: (i) 100% of the principal amount of the Notes being redeemed; or (ii) the sum of the present values of the remaining scheduled payments of the principal of and interest on the Notes to be redeemed that would be due if the Notes matured on April 15October 1, 2026 2045 (exclusive of interest accrued to the date of redemption), discounted to April 15October 1, 2026 2045 on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 30 basis points. At any time on or after April 15October 1, 2026 2045 (the date that is three six months prior to the Stated Maturity), the Notes are redeemable as a whole or in part at any time and from time to time, at the option of the Issuer, at a redemption price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption. As used in this Section 2.8 only, the terms set forth below shall have the following respective meanings:

Redemption at the Option of the Issuer. At any time before April 15September 1, 2026 2020 (the date that is three months one month prior to the Stated Maturity), the Notes are redeemable as a whole or in part, at the option of the Issuer, at a redemption price, calculated by the Quotation Agent, equal to the greater of the following amounts, plus, in either case, accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption: (i) 100% of the principal amount of the Notes being redeemed; or (ii) the sum of the present values of the remaining scheduled payments of the principal of and interest on the Notes to be redeemed that would be due if the Notes matured on April 15September 1, 2026 2020 (exclusive of interest accrued to the date of redemption), discounted to April 15, 2026 the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 20 basis points. At any time on or after April 15September 1, 2026 2020 (the date that is three months one month prior to the Stated Maturity), the Notes are redeemable as a whole or in part at any time and from time to time, at the option of the Issuer, at a redemption price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption. As used in this Section 2.8 only, the terms set forth below shall have the following respective meanings:

Redemption at the Option of the Issuer. At any time before April 15July 1, 2026 2025 (the date that is three months prior to the Stated Maturity), the Notes are redeemable as a whole or in part, at the option of the Issuer, at a redemption price, calculated by the Quotation Agent, equal to the greater of the following amounts, plus, in either case, accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption: (i) 100% of the principal amount of the Notes being redeemed; or (ii) the sum of the present values of the remaining scheduled payments of the principal of and interest on the Notes to be redeemed that would be due if the Notes matured on April 15July 1, 2026 2025 (exclusive of interest accrued to the date of redemption), discounted to April 15, 2026 the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 basis points. At any time on or after April 15July 1, 2026 2025 (the date that is three months prior to the Stated Maturity), the Notes are redeemable as a whole or in part at any time and from time to time, at the option of the Issuer, at a redemption price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption. As used in this Section 2.8 only, the terms set forth below shall have the following respective meanings:

Redemption at the Option of the Issuer. At any time before April 152, 2026 2034 (the date that is three six months prior to the Stated Maturity), the Notes are redeemable as a whole or in part, at the option of the Issuer, at a redemption price, calculated by the Quotation Agent, equal to the greater of the following amounts, plus, in either case, accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption: (i) 100% of the principal amount of the Notes being redeemed; or (ii) the sum of the present values of the remaining scheduled payments of the principal of and interest on the Notes to be redeemed that would be due if the Notes matured on April 15, 2026 (exclusive of interest accrued to the date of redemption), discounted to April 15, 2026 the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 15 basis points. At any time on or after April 152, 2026 2034 (the date that is three six months prior to the Stated Maturity), the Notes are redeemable as a whole or in part at any time and from time to time, at the option of the Issuer, at a redemption price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest on the principal amount of the Notes being redeemed to the date of redemption. As used in this Section 2.8 only, the terms set forth below shall have the following respective meanings: