Common use of Redemption Upon Change of Control Clause in Contracts

Redemption Upon Change of Control. Each Holder upon accepting a Series C Bond agrees that the Company shall have the right, on or prior to February 1, 1999, to redeem all or part of the Series C Bonds at a price of 108% (expressed as a percentage of principal amount), plus accrued and unpaid interest through the redemption date, in cash, upon the occurrence of a Change of Control. Notice of a redemption will be mailed within ten days of the occurrence of a Change of Control. The Company shall redeem all Series C Bonds selected for redemption by making payment of the redemption price therefor on or prior to the redemption date, which date shall occur not earlier than 30 days nor later than 60 days from the date the redemption notice is mailed.

Redemption Upon Change of Control. Each Holder upon accepting a Series C E Bond agrees that the Company shall have the right, on or prior to February 1, 1999, to redeem all or part pan of the Series C E Bonds at a price of 108% (expressed as a percentage of principal amount), plus accrued and unpaid interest through the redemption date, in cash, upon the occurrence of a Change of Control. Notice of a redemption will be mailed within ten days of the occurrence of a Change of Control. The Company shall redeem all Series C E Bonds selected for redemption by making payment of the redemption price therefor on or prior to the redemption date, which date shall occur not earlier than 30 days nor later than 60 days from the date the redemption notice is mailed.

Redemption Upon Change of Control. Each Holder upon accepting a Series C A Bond agrees that the Company shall have the right, on or prior to February 1, 1999, to redeem all or part of the Series C A Bonds at a price of 108% (expressed as a percentage of principal amount), plus accrued and unpaid interest through the redemption date, in cash, upon the occurrence of a Change of Control. Notice of a redemption will be mailed within ten days of the occurrence of a Change of Control. The Company shall redeem all Series C A Bonds selected for redemption by making payment of the redemption price therefor on or prior to the redemption date, which date shall occur not earlier than 30 days nor later than 60 days from the date the redemption notice is mailed.

Redemption Upon Change of Control. Each Holder upon accepting a Series C B Bond agrees that the Company shall have the right, on or prior to February 1, 1999, to redeem all or part of the Series C B Bonds at a price of 108% (expressed as a percentage of principal amount), plus accrued and unpaid interest through the redemption date, in cash, upon the occurrence of a Change of Control. Notice of a redemption aredemption will be mailed within ten days of the occurrence of a Change aChange of Control. The Company shall redeem all Series C B Bonds selected for redemption by making payment of the redemption price therefor on or prior to the redemption date, which date shall occur not earlier than 30 days nor later than 60 days from the date the redemption notice is mailed.

Redemption Upon Change of Control. Each Holder upon accepting a Series C D Bond agrees that the Company shall have the right, on or prior to February 1, 1999, to redeem all or part of the Series C D Bonds at a price of 108% (expressed as a percentage of principal amount), plus accrued and unpaid interest through the redemption date, in cash, upon the occurrence of a Change of Control. Notice of a redemption will be mailed within ten days of the occurrence of a Change of Control. The Company shall redeem all Series C D Bonds selected for redemption by making payment of the redemption price therefor on or prior to the redemption date, which date shall occur not earlier than 30 days nor later than 60 days from the date the redemption notice is mailed.