Common use of Selection by Trustee of Bonds to be Redeemed Clause in Contracts

Selection by Trustee of Bonds to be Redeemed. If less than all the Bonds are to be redeemed, the particular Bonds to be redeemed shall be selected not more than fifteen (15) days prior to the Redemption Date by the Trustee, from the Outstanding Bonds not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to $1,000 or any integral multiple thereof) of the principal of Bonds of a denomination larger than $1,000. The Trustee shall promptly notify the Company in writing of the Bonds selected for redemption and, in the case of any Bond selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Bonds shall relate, in the case of any Bond redeemed or to be redeemed only in part, to the portion of the principal of such Bond which has been or is to be redeemed.

Selection by Trustee of Bonds to be Redeemed. If less than all the Bonds are to be redeemed, the particular Bonds to be redeemed shall be selected not more than fifteen sixty (1560) days prior to the Redemption Date by the Trustee, from the Outstanding Bonds not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to $1,000 or any integral multiple thereof) of the principal of Bonds Bonds; provided, that no such partial redemption shall reduce the portion of the principal amount of a Bond not redeemed to less than the minimum authorized denomination larger than $1,000for Bonds established pursuant to Section 302. The Trustee shall promptly notify the Company Issuer in writing of the Bonds selected for redemption and, in the case of any Bond Bonds selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Bonds shall relate, in the case of any Bond redeemed or to be redeemed only in part, to the portion of the principal amount of such Bond which has been or is to be redeemed.