Common use of Redemption Premium Clause in Contracts

Redemption Premium. In the event that, on or prior to the second anniversary of the Issue Date, the Company (i) elects to make any redemption of the Notes that constitutes a Repricing Event or (ii) effects any amendment of this Indenture that constitutes a Repricing Event, the following repricing event premium (expressed as a percentage of the principal amount of Notes to be redeemed or subject to such amendment) will be payable if the Notes are redeemed or such amendment constituting a Repricing Event is effected during the periods indicated below: On or prior to the first anniversary of the Issue Date 2.000% After the first anniversary of the Issue Date but on or prior to the second anniversary of the Issue Date 1.000%