Common use of Optional Redemptions Clause in Contracts

Optional Redemptions. (a) At any time prior to July 18, 2025, the Issuer may on one or more occasions redeem the Notes, in whole or in part, at a redemption price equal to 100.0% of the principal amount of the Notes redeemed, plus the Applicable Premium, as of, and accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium. (b) At any time prior to July 18, 2025, the Issuer may on one or more occasions redeem up to 40.0% of the aggregate principal amount of the Notes at a redemption price of 104.5% of the principal amount of Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the net cash proceeds from one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, that: (i) at least 60.0% of the aggregate principal amount of the Notes (excluding Notes held by the Issuer or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) the applicable redemption occurs within ninety (90) days of the date of the closing of the applicable Equity Offering or INVIT Offering, as the case may be. (c) At any time on or after July 18, 2025, the Issuer may on any one or more occasions redeem the Notes, in whole or in part, at the redemption prices (expressed as percentages of principal amount of the Notes redeemed) set forth below, plus accrued and unpaid interest, if any, on the Notes redeemed, to (but not including), the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July 18, 2025 to July 17, 2026 101.125% July 18, 2026 and thereafter 100.0%

Optional Redemptions. In addition to the redemption or repurchase of the Notes required under Section 2.6.1 and Section 2.6.4, and if there is no event of default existing under the Senior Credit Agreement and subject to the terms of the Intercreditor Agreement (aSenior Debt) At and OpBiz's compliance with the provisions of Section 8.2(d) of the Senior Credit Agreement, the Company may voluntarily redeem the outstanding principal amount of the Notes (including PIK Interest capitalized thereto) in whole, or in part (in a minimum amount of at least $1,000,000 and integral multiples of $100,000), together with all accrued and unpaid interest on the amount so redeemed through the date of redemption, at any time prior and from time to July 18, 2025, the Issuer may on one or more occasions redeem the Notes, in whole or in part, time at a redemption price equal to 100.0the sum of the principal amount to be redeemed plus the prepayment premium indicated below corresponding to the period in which the redemption occurs (such premium, the "Prepayment Premium"). Period Prepayment Premium ------ ------------------ Funding Date through August 8, 2008 Noncallable August 9, 2008 through August 8, 2009 8% of the principal amount to be redeemed August 9, 2009 through August 8, 2010 4% of the Notes redeemedprincipal amount to be redeemed After August 9, plus 2010 None Notwithstanding anything in this Agreement to the Applicable Premiumcontrary, as ofthe Company may redeem the Notes, and together with all accrued and unpaid interestinterest thereon (including PIK Interest) at a redemption price equal to the sum of the principal amount to be redeemed plus a premium of 16% prior to August 8, 2008 if any(i) the Company uses the proceeds of a public equity offering by the Company, to OpBiz (but not including) only to the applicable redemption date, extent there is no event of default existing under the Senior Credit Agreement and subject to the rights terms of Holders on the relevant Record Date Intercreditor Agreement (Senior Debt) and OpBiz's compliance with the provisions of Section 8.2(d) of the Senior Credit Agreement), EquityCo and/or BH/RE to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium. fund such redemption, and (bii) At any time prior to July 18, 2025, the Issuer may on one or more occasions redeem up to 40.0at least 65% of the aggregate principal amount of the Notes at a redemption price of 104.5% of the principal amount of Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the net cash proceeds from one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, that: (i) at least 60.0% of the aggregate principal amount of the Notes (excluding Notes held by the Issuer or any of its Subsidiaries) remains remain outstanding immediately after the occurrence of such redemption; and (ii) the applicable redemption occurs within ninety (90) days of the date of the closing of the applicable Equity Offering or INVIT Offering, as the case may be. (c) At any time on or after July 18, 2025, the Issuer may on any one or more occasions redeem the Notes, in whole or in part, at the redemption prices (expressed as percentages of principal amount of the Notes redeemed) set forth below, plus accrued and unpaid interest, if any, on the Notes redeemed, to (but not including), the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July 18, 2025 to July 17, 2026 101.125% July 18, 2026 and thereafter 100.0%

Optional Redemptions. (a) At any time prior to July 18August 19, 20252023 upon not less than 30 nor more than 60 days’ prior notice, the Issuer may Company may, on any one or more occasions occasions, redeem up to 40% of the Notes, in whole or in part, aggregate principal amount of Notes issued under the Indenture at a redemption price equal to 100.0of 103.575% of the principal amount of the Notes redeemed, plus the Applicable Premium, as of, and accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium. (b) At any time prior to July 18, 2025, the Issuer may on one or more occasions redeem up to 40.0% of the aggregate principal amount of the Notes at a redemption price of 104.5% of the principal amount of Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the net cash proceeds from of one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, provided that: (i1) at least 60.060% of the aggregate principal amount of Notes issued on the Notes Original Issue Date (excluding Notes held by the Issuer Parent or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii2) the applicable redemption occurs within ninety (90) 90 days of the date of the closing of such Equity Offering. (b) At any time prior to August 19, 2023, upon not less than 30 nor more than 60 days’ prior notice, the Company may, on any one or more occasions, redeem all or any portion of the Notes at a redemption price equal to 100% of the principal amount of the Notes redeemed, plus the Applicable Premium as of, and accrued and unpaid interest, if any, to (but not including), the applicable Equity Offering redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. Neither the Trustee nor any of the Agents shall be responsible for verifying or INVIT Offering, as calculating the case may beApplicable Premium. (c) At any time on or after July 18August 19, 20252023, upon not less than 30 nor more than 60 days’ prior notice, the Issuer may Company may, on any one or more occasions occasions, redeem all or any portion of the Notes, in whole or in part, Notes at the redemption prices (expressed as percentages of principal amount of the Notes redeemedamount) set forth below, plus accrued and unpaid interest, if any, on the Notes redeemed, redeemed to (but not including), ) the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July From August 19, 2023 to August 18, 2024 101.7875 % From August 19, 2024 to August 18, 2025 100.89375 % On or after August 19, 2025 100.000 % Unless the Company defaults in the payment of the applicable redemption price, interest will cease to July 17accrue on the Notes or portions thereof called for redemption on the applicable redemption date. Any redemption conducted pursuant to Section 3.07 of the Indenture and any related notice of redemption may, 2026 101.125% July 18at the Company’s discretion, 2026 be subject to one or more conditions precedent. If such redemption or notice is subject to satisfaction of one or more conditions precedent, such notice may state that, in the Company’s discretion, the redemption date may be delayed until such time as any or all such conditions shall be satisfied, or such redemption may not occur and thereafter 100.0%such notice may be rescinded if any or all such conditions shall not have been satisfied by the redemption date, or by the redemption date so delayed.

Optional Redemptions. (a) At In addition to the redemption of the Notes required under sub-Section 2.5.1, Borrower may, at any time upon the prior to July 18written approval of each of a majority of the members of Borrower's board of directors and a majority of the independent members of Borrower's board of directors, 2025, the Issuer may on one or more occasions voluntarily redeem the Notes, in whole or in partpart (in integral multiples of Five Hundred Thousand Dollars ($500,000)), together with all accrued and unpaid interest on the amount so redeemed through the date of redemption, at a redemption price equal to: (a) if such voluntary redemption, including a redemption pursuant to 100.0% sub-Section 2.5.4, occurs on or prior to the first anniversary of this Agreement, one hundred six percent (106%) of the sum of the principal amount of the Notes redeemed, to be redeemed plus the Applicable Premium, as of, and any accrued and but unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium.thereon; (b) At any time if such voluntary redemption, including a redemption pursuant to sub-Section 2.5.4, occurs after the first anniversary of this Agreement but on or prior to July 18the second anniversary of this Agreement, 2025, the Issuer may on one or more occasions redeem up to 40.0% hundred five percent (105%) of the aggregate principal amount of the Notes at a redemption price of 104.5% sum of the principal amount of Notes redeemed, to be redeemed plus any accrued and but unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the net cash proceeds from one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, that: (i) at least 60.0% of the aggregate principal amount of the Notes (excluding Notes held by the Issuer or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) the applicable redemption occurs within ninety (90) days of the date of the closing of the applicable Equity Offering or INVIT Offering, as the case may be.thereon; (c) At any time if such voluntary redemption, including a redemption pursuant to sub-Section 2.5.4, occurs after the second anniversary of this Agreement but on or after July 18prior to the third anniversary of this Agreement, 2025, one hundred four percent (104%) of the Issuer may on any one or more occasions redeem sum of the Notes, in whole or in part, at the redemption prices (expressed as percentages of principal amount to be redeemed plus any accrued but unpaid interest thereon; (d) if such voluntary redemption, including a redemption pursuant to sub-Section 2.5.4, occurs after the third anniversary of such Agreement but on or prior to the fourth anniversary of this Agreement, one hundred three percent (103%) of the Notes redeemedsum of the principal amount to be redeemed plus any accrued but unpaid interest thereon; (e) set forth belowif such voluntary redemption, plus accrued and unpaid interestincluding a redemption pursuant to sub-Section 2.5.4, if any, occurs after the fourth anniversary of this Agreement but on the Notes redeemed, to (but not including), the applicable redemption date, if redeemed during the periods indicated below, subject or prior to the rights fifth anniversary of Holders on this Agreement, one hundred two percent (102%) of the relevant Record Date sum of the principal amount to receive be redeemed plus any accrued but unpaid interest on thereon; or (f) if such voluntary redemption, including a redemption pursuant to sub-Section 2.5.4, occurs after the relevant Interest Payment Date: July 18fifth anniversary but prior to the sixth anniversary of this Agreement, 2025 one hundred one percent (101%) of the sum of the principal amount to July 17, 2026 101.125% July 18, 2026 and thereafter 100.0%be redeemed plus any accrued but unpaid interest thereon.

Optional Redemptions. (a) At In addition to the redemption of the Notes required under SUB-SECTION 2.5.1, the Borrower may at any time prior to July 18, 2025, the Issuer may on one or more occasions voluntarily redeem the Notes, in whole or in partpart (in integral multiples of Five Hundred Thousand Dollars ($500,000)), together with all accrued and unpaid interest on the amount so redeemed through the date of redemption, at a redemption price equal to: (a) if such voluntary redemption, including a redemption pursuant to 100.0% SUB-SECTION 2.5.4, occurs on or prior to the first (1st) anniversary of this Agreement, one hundred six percent (106%) of the sum of the principal amount of the Notes redeemed, to be redeemed plus the Applicable Premium, as of, and any accrued and but unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium.thereon; (b) At any time if such voluntary redemption, including a redemption pursuant to SUB-SECTION 2.5.4, occurs after the first (1st) anniversary of this Agreement but on or prior to July 18the second (2nd) anniversary of this Agreement, 2025, the Issuer may on one or more occasions redeem up to 40.0% hundred four percent (104%) of the aggregate principal amount of the Notes at a redemption price of 104.5% sum of the principal amount of Notes redeemed, to be redeemed plus any accrued and but unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the net cash proceeds from one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, that: (i) at least 60.0% of the aggregate principal amount of the Notes (excluding Notes held by the Issuer or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) the applicable redemption occurs within ninety (90) days of the date of the closing of the applicable Equity Offering or INVIT Offering, as the case may be.thereon; (c) At any time if such voluntary redemption, including a redemption pursuant to SUB-SECTION 2.5.4, occurs after the second (2nd) anniversary of this Agreement but on or prior to the third (3rd) anniversary of this Agreement, one hundred two percent (102%) of the sum of the principal amount to be redeemed plus any accrued but unpaid interest thereon; or (d) if such voluntary redemption, including a redemption pursuant to SUB-SECTION 2.5.4 occurs after July 18, 2025the third (3rd) anniversary of this Agreement, the Issuer may on any one or more occasions redeem sum of the Notes, in whole or in part, at the redemption prices (expressed as percentages of principal amount of the Notes redeemed) set forth below, to be redeemed plus any accrued and but unpaid interest, if any, on the Notes redeemed, to (but not including), the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July 18, 2025 to July 17, 2026 101.125% July 18, 2026 and thereafter 100.0%thereon.

Optional Redemptions. (a) At any time prior to July 1828, 2025, the Issuer may may, on one or more occasions occasions, redeem the Notes, in whole or in part, at a redemption price equal to 100.0% of the principal amount of the Notes redeemed, plus the Applicable Premium, as of, and accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium. (b) At any time prior to July 1828, 2025, the Issuer may may, on one or more occasions occasions, redeem up to 40.0% of the aggregate principal amount of the Notes at a redemption price of 104.5equal to 107.95% of the principal amount of the Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the equivalent of the net cash proceeds from one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, that: (i) provided that at least 60.0% of the aggregate principal amount of the Notes (excluding Notes held by the Issuer RPPL or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) redemption and the applicable redemption occurs within ninety (90) days of the date of the closing of the applicable Equity Offering or INVIT Offering, as the case may be. (c) At any time on or after July 1828, 2025, the Issuer may may, on any one or more occasions occasions, redeem the Notes, in whole or in part, at the redemption prices (expressed as percentages of principal amount of the Notes redeemed) set forth below, plus accrued and unpaid interest, if any, on the Notes redeemed, to (but not including), the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July 1828, 2025 to July 17January 27, 2026 101.125103.975% July 18January 28, 2026 and thereafter 100.0%

Optional Redemptions. (a) At any time prior to July 18August 19, 20252023, upon not less than 30 nor more than 60 days’ prior notice, the Issuer may Company may, on any one or more occasions occasions, redeem up to 40% of the Notes, in whole or in part, aggregate principal amount of Notes issued under this Indenture at a redemption price equal to 100.0of 103.575% of the principal amount of the Notes redeemed, plus the Applicable Premium, as of, and accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium. (b) At any time prior to July 18, 2025, the Issuer may on one or more occasions redeem up to 40.0% of the aggregate principal amount of the Notes at a redemption price of 104.5% of the principal amount of Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the net cash proceeds from of one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, provided that: (i1) at least 60.060% of the aggregate principal amount of Notes issued on the Notes Original Issue Date (excluding Notes held by the Issuer Parent or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii2) the applicable redemption occurs within ninety (90) 90 days of the date of the closing of such Equity Offering. (b) At any time prior to August 19, 2023, upon not less than 30 nor more than 60 days’ prior notice, the Company may, on any one or more occasions, redeem all or any portion of the Notes at a redemption price equal to 100% of the principal amount of the Notes redeemed, plus the Applicable Premium as of, and accrued and unpaid interest, if any, to (but not including), the applicable Equity Offering redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. Neither the Trustee nor any of the Agents shall be responsible for verifying or INVIT Offering, as calculating the case may beApplicable Premium. (c) At any time on or after July 18August 19, 20252023, upon not less than 30 nor more than 60 days’ prior notice, the Issuer may Company may, on any one or more occasions occasions, redeem all or any portion of the Notes, in whole or in part, Notes at the redemption prices (expressed as percentages of principal amount of the Notes redeemedamount) set forth below, plus accrued and unpaid interest, if any, on the Notes redeemed, to (but not including), ) the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July From August 19, 2023 to August 18, 2024 101.7875 % From August 19, 2024 to August 18, 2025 100.89375 % On or after August 19, 2025 100.000 % Unless the Company defaults in the payment of the applicable redemption price, interest will cease to July 17accrue on the Notes or portions thereof called for redemption on the applicable redemption date. Any redemption pursuant to this Section 3.07, 2026 101.125% July 18and any related notice of redemption may, 2026 at the Company’s discretion, be subject to one or more conditions precedent. If such redemption or notice is subject to satisfaction of one or more conditions precedent, such notice may state that, in the Company’s discretion, the redemption date may be delayed until such time as any or all such conditions shall be satisfied, or such redemption may not occur and thereafter 100.0%such notice may be rescinded if any or all such conditions shall not have been satisfied by the redemption date, or by the redemption date so delayed. (d) Any redemption pursuant to this Section 3.07 shall be made pursuant to the provisions of Sections 3.01 through 3.06 hereof.

Optional Redemptions. (a) At any time prior to July 1828, 2025, the Issuer may may, on one or more occasions occasions, redeem the Notes, in whole or in part, at a redemption price equal to 100.0% of the principal amount of the Notes redeemed, plus the Applicable Premium, as of, and accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium. (b) At any time prior to July 1828, 2025, the Issuer may may, on one or more occasions occasions, redeem up to 40.0% of the aggregate principal amount of the Notes at a redemption price of 104.5equal to 107.95% of the principal amount of the Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the equivalent of the net cash proceeds from one or more (x) Equity Offerings and/or (y) INVIT Offerings; provided, however, that: (i) provided that at least 60.0% of the aggregate principal amount of the Notes (excluding Notes held by the Issuer RPPL or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) redemption and the applicable redemption occurs within ninety (90) days of the date of the closing of the applicable Equity Offering or INVIT Offering, as the case may be. (c) At any time on or after July 1828, 2025, the Issuer may may, on any one or more occasions occasions, redeem the Notes, in whole or in part, at the redemption prices (expressed as percentages of principal amount of the Notes redeemed) set forth below, plus accrued and unpaid interest, if any, on the Notes redeemed, to (but not including), the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: Period RedemptionPrice July 1828, 2025 to July 17January 27, 2026 101.125103.975% July 18January 28, 2026 and thereafter 100.0%

Optional Redemptions. (a) At any time prior Subject to July 18, 2025the provisions of Section 3.12 hereof, the Issuer may on one or more occasions elect to redeem the Notes, any subclass of Notes in a Redemption in whole or in part, part at a redemption price equal the Redemption Price (after giving effect to 100.0% any payment thereof on such Redemption Date under Section 3.09 hereof) on the Notes to be redeemed upon the payment of the principal amount of the Notes redeemed, plus the Applicable Premium, as of, and accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date. The Trustee shall not be responsible for verifying or calculating the Applicable Premium. (b) At any time prior to July 18, 2025, the Issuer may on one or more occasions redeem up to 40.0% of the aggregate principal amount of the Notes at a redemption price of 104.5% of the principal amount of Notes redeemed, plus accrued and unpaid interest, if any, to (but not including) the applicable redemption date, subject to the rights of Holders on the relevant Record Date to receive interest due on the relevant Interest Payment Date, with the net cash proceeds from one or more (x) Equity Offerings and/or (y) INVIT OfferingsRedemption Price; provided, however, that: no Redemption Premium is payable with any Optional Redemption (i) at least 60.0utilizing the proceeds of the issuance of Refinancing Notes for a Refinancing of such subclass of Notes on any Payment Date after the fifth anniversary of the Initial Closing Date (each, a “Refinancing Date”), (ii) while a Rapid Amortization Event has occurred and is continuing, (iii) in connection with the Total Loss of an Aircraft, or (iv) in connection with any Aircraft Disposition that occurs after the second anniversary of the Initial Closing Date and prior to the fifth anniversary of the Initial Closing Date so long as the aggregate amount of all such Redemptions prior to the fifth anniversary of the Initial Closing Date does not exceed 25% of the aggregate principal amount initial Outstanding Principal Balance of the Notes (excluding Notes held by it being understood that in connection with any Redemption that is subject to a Redemption Premium pursuant to this clause (iv), Redemption Premium shall only be payable on the Issuer or any of its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) the applicable redemption occurs within ninety (90) days portion of the date of the closing of the applicable Equity Offering or INVIT Offering, as the case may be. (c) At any time on or after July 18, 2025, the Issuer may on any one or more occasions redeem the Notes, in whole or in part, at the redemption prices (expressed as percentages of principal amount Outstanding Principal Balance of the Notes redeemed) set forth belowbeing so redeemed that exceeds such 25% threshold), plus accrued and unpaid interestin each case provided that after the giving of a Default Notice or the Acceleration of any Note, if any, on the Notes redeemed, to (may be redeemed only in whole but not includingin part pursuant to this Section 3.11 and that such Refinancing or Optional Redemption shall be effected as provided in Section 3.12. No optional prepayments of any subclass of Notes shall be permitted except any Refinancing or Optional Redemption in accordance with this Section 3.11(a), provided that prepayments of such subclass of Notes shall be required in connection with Aircraft Dispositions as provided herein, as well as in the applicable redemption date, if redeemed during the periods indicated below, subject to the rights of Holders on the relevant Record Date to receive interest on the relevant Interest Payment Date: July 18, 2025 to July 17, 2026 101.125% July 18, 2026 and thereafter 100.0%circumstances described in this Section 3.11.