Common use of Securities Redeemed or Purchased in Part Clause in Contracts

Securities Redeemed or Purchased in Part. Any Security which is to be redeemed or purchased only in part shall be surrendered to the Paying Agent at the office or agency maintained for such purpose pursuant to Section 1002 (with, if the Company, the Security Registrar or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company, the Security Registrar or the Trustee, as the case may be, duly executed by, the Holder thereof or such Holder’s attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities, of any authorized denomination as requested by such Holder in aggregate principal amount equal to, and in exchange for, the unredeemed portion of the principal of the Security so surrendered that is not redeemed or purchased, provided that each new Security will be in a principal amount of $2,000 or any integral multiple of $1,000 in excess thereof.

Securities Redeemed or Purchased in Part. Any Security which is to be redeemed or purchased only in part (pursuant to the provisions of this Article) shall be surrendered to the Paying Agent at the office or agency maintained for such purpose pursuant to Section 1002 (with, if the Company, the Security Registrar or the Trustee Issuer so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company, the Security Registrar or the Trustee, as the case may be, Issuer duly executed by, by the Holder thereof or such Holder’s attorney duly authorized in writing), and the Company Issuer shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service chargeat the expense of the Issuer, a new Security or Securities, of any authorized denomination as requested by such Holder Holder, in an aggregate principal amount equal to, and in exchange for, the unredeemed portion of the principal of the Security so surrendered that is not redeemed or purchased; provided, provided that each such new Security will shall be in a principal amount of $2,000 or any integral multiple multiples of $1,000 in excess thereof.

Securities Redeemed or Purchased in Part. Any Security which is to be redeemed or purchased only in part shall be surrendered to the Paying Agent at the office or agency maintained for such purpose pursuant to Section 1002 (with, if the Company, the Security Registrar or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company, the Security Registrar or the Trustee, as the case may be, duly executed by, the Holder thereof or such Holder’s attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities, of any authorized denomination as requested by such Holder in aggregate principal amount equal to, and in exchange for, the unredeemed portion of the principal of the Security so surrendered that is not redeemed or purchased, provided that each new Security will shall be in a principal amount of $2,000 or any integral multiple of $1,000 in excess thereof.