Common use of Issuer Call Option Clause in Contracts

Issuer Call Option. If “Issuer Call Option” is applicable, the Issuer may, upon delivering a Notice of Redemption within the Issuer Call Option Period, redeem all or part of the Notes at their Call Redemption Amount on the Call Redemption Date specified in such notice. Notwithstanding the foregoing, if at any time prior to the redemption of the Notes pursuant to this Base Condition 6.3(a), a Mandatory Redemption Event occurs, the Notice of Redemption given pursuant to this Base Condition 6.3(a), shall be deemed to be void and the Notes shall be redeemed pursuant to the provisions of Base Condition 6.2.