Common use of Selection of Senior Notes to be Redeemed Clause in Contracts

Selection of Senior Notes to be Redeemed. In the case of a partial redemption, selection of Senior Notes in definitive form for redemption will be made by lot. The Trustee may select for redemption Senior Notes, and portions of Senior Notes, in amounts of ¥100,000,000 and integral multiples of ¥10,000,000 in excess thereof (provided that the unredeemed portion of any Senior Note to be redeemed in part will not be less than ¥10,000,000), and shall thereafter promptly notify MetLife, Inc. in writing of the numbers of Senior Notes to be redeemed, in whole or in part; provided that if the Senior Notes are represented by one or more Global Securities, interests in such Global Securities shall be selected for redemption by Clearstream/Euroclear in accordance with its standard procedures therefor, which may be made on a pro rata pass-through distribution of principal basis.

Appears in 7 contracts

Samples: Fortieth Supplemental Indenture (Metlife Inc), Forty Fourth Supplemental Indenture (Metlife Inc), Forty (Metlife Inc)

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