Common use of Optional Redemption of Notes Clause in Contracts

Optional Redemption of Notes. (a) Prior to the Par Call Date, the Issuer may redeem the Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of: (i) (x) the sum of the present values of the remaining scheduled payments of principal and Interest thereon discounted to the Redemption Date (assuming the Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 20 basis points less (y) Interest accrued to the Redemption Date; and (ii) 100% of the principal amount of the Notes to be redeemed, plus, in either case, accrued and unpaid Interest thereon to the Redemption Date. (b) On or after the Par Call Date, the Issuer may redeem the Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid Interest thereon to the Redemption Date. The Issuer’s actions and determinations in determining the Redemption Price shall be conclusive and binding for all purposes, absent manifest error.

Optional Redemption of Notes. (a) Prior to the Par Call Date, the Issuer may Company shall have the right to redeem the Notes at its option, in whole or in part, at any time and from time to time, at a the Redemption Price in cash (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of: (i) (xa) the sum of the present values of the remaining scheduled payments of principal and Interest interest thereon discounted to the Redemption Date (assuming the Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 20 basis points less (yb) Interest unpaid interest accrued to thereon to, but not including, the Redemption Date; and (ii2) 100% of the principal amount of the Notes to be redeemed, plus, in either case, unpaid interest accrued and unpaid Interest thereon to to, but not including, the Redemption Date. (b) On . Nothwithstanding the foregoing, on or after the Par Call Date, the Issuer Company may redeem the Notes, in whole or in part, at any time and from time to time, at a Redemption Price in cash equal to 100% of the principal amount of the Notes being redeemed plus unpaid interest accrued and unpaid Interest thereon to to, but not including, the Redemption Date. The Issuer’s actions and determinations in determining the Redemption Price shall be conclusive and binding for all purposes, absent manifest error.

Optional Redemption of Notes. (a) Prior to the Par Call Date, the Issuer may redeem the Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of: (i) (x) the sum of the present values of the remaining scheduled payments of principal and Interest thereon discounted to the Redemption Date (assuming the Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 20 35 basis points less (y) Interest accrued to the Redemption Datedate of redemption; and (ii) 100% of the principal amount of the Notes to be redeemed, plus, in either case, accrued and unpaid Interest thereon to the Redemption Date. (b) On or after the Par Call Date, the Issuer may redeem the Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid Interest thereon to the Redemption Date. The Issuer’s actions and determinations in determining the Redemption Price shall be conclusive and binding for all purposes, absent manifest error.

Optional Redemption of Notes. (a) Prior The Issuer shall have the right, at its option, to the Par Call Date, the Issuer may redeem the Notes for cash at its optionany time or from time to time prior to January 1, 2025, in whole or in part, at a redemption price (with respect to the Notes to be redeemed on any time and from time Redemption Date pursuant to timethis Section 3.01(a), at a the “Redemption Price (expressed as a percentage of principal amount and rounded to three decimal placesPrice”) equal to the greater of: : (i) 100% of the principal amount of the Notes to be redeemed and (xii) the sum of the present values of the remaining scheduled payments of principal and Interest thereon on the Notes to be redeemed (exclusive of Interest accrued to the applicable Redemption Date) discounted to the such Redemption Date (assuming the Notes matured on the Par Call Date) on a semi-annual semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 20 30 basis points less (y) points, plus, in each case, accrued and unpaid Interest accrued to on the principal amount of the Notes being redeemed to, but excluding, such Redemption Date; and (ii) . In addition, the Issuer may, at its option, redeem the Notes, at any time or from time to time on or after January 1, 2025, in whole or in part, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus, in either case, plus accrued and unpaid Interest thereon to the Redemption Date. (b) On or after the Par Call Date, the Issuer may redeem the Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of on the principal amount of the Notes being redeemed plus accrued and unpaid Interest thereon to to, but not including, the applicable Redemption Date. The Issuer’s actions and determinations in determining the Redemption Price shall be conclusive and binding for all purposes, absent manifest error.

Optional Redemption of Notes. (a) Prior The Company shall have the right to redeem the Notes at its option and in its sole discretion, at any time or from time to time prior to the Par Call Date, the Issuer may redeem the Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price redemption price (expressed as a percentage of the principal amount and rounded to three decimal places) (the “Redemption Price”) in cash calculated by the Company and equal to the greater of: of (i1) 100% of the principal amount of the notes being redeemed or (x2)(a) the sum of the present values of the remaining scheduled payments of principal and Interest interest on the Notes being redeemed (exclusive of interest accrued to the Redemption Date) thereon discounted to the Redemption Date (assuming assuming, for this purpose, that the Notes being redeemed matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the then current Treasury Rate plus 20 twenty basis points (0.20%) less (yb) Interest interest accrued to the Redemption Date; and (ii) 100% of the principal amount of the Notes to be redeemed, plus, in either each case, accrued and unpaid Interest interest thereon to to, but not including, the Redemption Date. (b) On . Notwithstanding the foregoing, on or after the Par Call Date, the Issuer Company may redeem the Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid Interest interest thereon to the Redemption Date. The Issuer’s actions and determinations in determining the Redemption Price shall be conclusive and binding for all purposes, absent manifest error.

Optional Redemption of Notes. (a) Prior to the Par Call Date, the Issuer Company may redeem the Notes at its option, in whole or in part, at any time and from time to time, at a redemption price (the “Redemption Price Price”) (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of: (i) (xa) the sum of the present values of the remaining scheduled payments of principal and Interest interest thereon discounted to the Redemption Date (assuming the Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 20 25 basis points less (yb) Interest interest accrued to the Redemption Date; date of redemption, and (ii2) 100% of the principal amount of the Notes to be redeemed, plus, in either case, accrued and unpaid Interest interest thereon to the Redemption Date. (b) On . In addition, on or after the Par Call Date, the Issuer Company may redeem the Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid Interest interest thereon to the Redemption Date. The IssuerCompany’s actions and determinations in determining the Redemption Price shall be conclusive and binding for all purposes, absent manifest error. The Company shall not redeem the Notes pursuant to this Section 4.1 if on any date the principal amount of the Notes has been accelerated, and such an acceleration has not been rescinded or cured on or prior to such date.

Optional Redemption of Notes. (a) Prior The Issuer shall have the right, at its option, to the Par Call Date, the Issuer may redeem the Notes for cash at its optionany time or from time to time prior to May 15, 2026, in whole or in part, at a redemption price (with respect to the Notes to be redeemed on any time and from time Redemption Date pursuant to timethis Section 3.01(a), at a the “Redemption Price (expressed as a percentage of principal amount and rounded to three decimal placesPrice”) equal to the greater of: : (i) 100% of the principal amount of the Notes to be redeemed and (xii) the sum of the present values of the remaining scheduled payments of principal and Interest thereon on the Notes to be redeemed (exclusive of Interest accrued to the applicable Redemption Date) discounted to the such Redemption Date (assuming the Notes matured on the Par Call Date) on a semi-annual semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 20 35 basis points less (y) points, plus, in each case, accrued and unpaid Interest accrued to on the principal amount of the Notes being redeemed to, but excluding, such Redemption Date; and (ii) . In addition, the Issuer may, at its option, redeem the Notes, at any time or from time to time on or after May 15, 2026, in whole or in part, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus, in either case, plus accrued and unpaid Interest thereon to the Redemption Date. (b) On or after the Par Call Date, the Issuer may redeem the Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of on the principal amount of the Notes being redeemed plus accrued and unpaid Interest thereon to to, but not including, the applicable Redemption Date. The Issuer’s actions and determinations in determining the Redemption Price shall be conclusive and binding for all purposes, absent manifest error.