At any time prior to such cancellation, if any beneficial interest in a Global Security is exchanged for certificated 7.5% Securities, purchased or canceled, the principal amount of 7.5% Securities represented by such Global Security shall be reduced and an adjustment shall be made on the books and records of the Trustee (if it is then the Securities Custodian for such Global Security) with respect to such Global Security, by the Trustee or the Securities Custodian, to reflect such reduction.
The 7.5% Securities shall not be redeemable at the option of the Company prior to maturity; provided, however, that the Company may, from time to time, purchase 7.5% Securities in the open market or otherwise from time to time.
The provisions of this Article IV shall apply only to the 7.5% Securities.
For the avoidance of doubt, Article Thirteen of the Original Indenture shall be applicable to the 7.5% Securities.
The 7.5% Securities shall not be redeemable at the option of any Holder thereof.