Selection by Trustee of Obligations to be Redeemed. Unless otherwise provided in a Supplemental Indenture authorizing a particular series of Obligations, if less than all the Outstanding Obligations of any series or maturity within a series are to be redeemed, the particular Obligations to be redeemed shall be selected not more than sixty (60) days prior to the Redemption Date by the Trustee from the Outstanding Obligations of such series or maturity within a series which have not previously been called for redemption by such method as the Trustee shall deem fair and appropriate. In any such selection pursuant to this Section, the Trustee shall make such adjustments, reallocations and eliminations as it shall deem proper to the end that the principal amount of Obligations of such series or maturity within a series so selected shall be equal to the greater of $1,000 and the smallest authorized denomination of the Obligations of such series, or a multiple thereof, by increasing or decreasing or eliminating the amount which would otherwise be allocable to any Holder by an amount not exceeding such minimum. The Trustee in its discretion may determine the particular Obligations (if there is more than one) registered in the name of any Holder which are to be redeemed, in whole or in part. In any case where any Obligations of such series are registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Obligation of such series. The Trustee shall promptly notify the Company in writing of the Obligations selected for redemption and, in the case of any Obligation 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 Obligations shall relate, in the case of any Obligation redeemed or to be redeemed only in part, to the portion of the principal of such Obligation which has been or is to be redeemed.
Selection by Trustee of Obligations to be Redeemed. Unless otherwise provided in a Supplemental Indenture authorizing a series of Obligations, the provisions of this Section shall apply to all series of Obligations. If less than all the Obligations are to be redeemed in connection with a redemption (other than a mandatory sinking fund redemption), the Obligations to be redeemed shall be from such series and maturities specified by the Issuer. If less than all the Obligations of a particular stated maturity are to be redeemed, the particular Obligations of such stated maturity to be redeemed shall be selected prior to the redemption date by the Trustee, from the Outstanding Obligations (or, if pursuant to mandatory sinking fund redemption, from all Obligations not yet due) of such series and stated maturity specified by the Issuer not previously called for redemption, by such method as the Trustee deems fair and appropriate and which may provide for the selection for redemption of portions of the principal of Obligations of a denomination larger than the minimum Authorized Denomination. For all purposes of this Trust Indenture, unless the context otherwise requires, all provisions relating to the redemption of Obligations shall relate, in the case of any Obligation redeemed or to be redeemed only in part, to the portion of the principal of such Obligation which has been or is to be redeemed.
