Common use of Selection of Bonds to be Redeemed Clause in Contracts

Selection of Bonds to be Redeemed. (a) Bonds shall be redeemed only in amounts resulting in Bonds Outstanding for a series being in Authorized Denominations. If less than all of the Outstanding Bonds of any series are to be redeemed and paid prior to maturity, such Bonds shall be redeemed in the manner selected by the Trustee. Bonds of less than a full maturity are to be selected by the Trustee in such equitable manner as it may determine.

Selection of Bonds to be Redeemed. The selection of Bonds (aor, in case of fully registered Bonds, of portions thereof) Bonds shall to be redeemed only shall, in amounts resulting in Bonds Outstanding for a series being in Authorized Denominations. If case less than all of the Outstanding Bonds of any series are to be redeemed and paid prior to maturityredeemed, such Bonds shall be redeemed in the manner selected by the Trustee. Bonds of less than a full maturity are to be selected made by the Trustee in such equitable manner as it may determine.follows: