Common use of Rights of Redemption Clause in Contracts

Rights of Redemption. The Securities are subject to redemption at any time on or after March 15, 2007 at the option of the Company, in whole or in part, subject to the conditions, and at the Redemption Prices, specified in the form of Security, together with accrued and unpaid interest, if any, to the Redemption Date (subject to the right of Holders of record on relevant Regular Record Dates and Special Record Dates to receive interest due on relevant Interest Payment Dates and Special Payment Dates). In addition, at any time prior to March 15, 2005, the Company, at its option, may use the Net Cash Proceeds of one or more Public Equity Offerings to redeem up to an aggregate of 35% of the aggregate principal amount of the Securities issued under the Indenture at a redemption price equal to 109.625% of the aggregate principal amount of the Securities redeemed, plus accrued and unpaid interest, if any, to the Redemption Date (subject to the rights of holders of record on relevant Regular Record Dates to receive interest due on an Interest Payment Date). At least 65% of the aggregate principal amount of Securities issued under the Indenture must remain outstanding immediately after the occurrence of such redemption. In order to effect this redemption, the Company must mail a notice of redemption no later than 30 days after the closing of the related Public Equity Offering and must complete such redemption within 60 days of the closing of the Public Equity Offering.

Rights of Redemption. The Securities are subject to redemption at any time on or after March 15October 1, 2007 2002, at the option of the Company, in whole or in part, subject to the conditions, and at the Redemption Prices, specified in the form of Security, together with accrued and unpaid interest, if any, to the Redemption Date (subject to the right of Holders of record on relevant Regular Record Dates and Special Record Dates to receive interest due on relevant Interest Payment Dates and Special Payment Dates). In addition, at any time or from time to time on or prior to March 15October 1, 20052000, the CompanyCompany may, at its option, may use all or any portion of the Net Cash Proceeds net proceeds of one or more Public Equity Offerings to redeem up to an aggregate of 35% of the aggregate principal amount of the Securities issued under the Indenture at a redemption price equal to 109.625% of the aggregate principal amount of the Securities redeemed, plus accrued and unpaid interest, if any, to the Redemption Date (subject to the rights of holders of record on relevant Regular Record Dates to receive interest due on an Interest Payment Date). At least 6530% of the aggregate principal amount of Securities originally issued under this Indenture at a redemption price equal to 122 134 108.5% of the aggregate principal amount thereof, plus accrued and unpaid interest thereon, if any, to the Redemption Date; provided that at least seventy percent of the aggregate principal amount of Securities (including any Additional Securities) originally issued under this Indenture must remain remains outstanding immediately after the occurrence of such redemption. In order to effect this the foregoing redemption, the Company must mail a notice of redemption no later than 30 60 days after the closing of the related Public Equity Offering and must complete consummate such redemption within 60 90 days of the closing of the Public Equity Offering.