Common use of Optional Redemption upon Equity Offerings Clause in Contracts

Optional Redemption upon Equity Offerings. At any time, or from time to time, on or prior to July 1, 2006, the Company may, at its option, use the net cash proceeds of one or more public or private offering of Qualified Capital Stock (as defined in the Indenture) of the Company to redeem up to 35% of the principal amount of the Notes issued under the Indenture at a redemption price of 106.875% of the principal amount thereof plus accrued and unpaid interest thereon, if any, to the Redemption Date; provided that at least 65% of the principal amount of Notes issued under the Indenture remains outstanding immediately after any such redemption and the Company makes such redemption not more than 90 days after the consummation of any such Equity Offering.

Optional Redemption upon Equity Offerings. At any time, or from time to time, on or prior to July 1, 20062019, the Company may, at its option, use the net cash proceeds of one or more public or private offering of Qualified Capital Stock (as defined in the Indenture) of the Company to redeem up to 35% of the principal amount of the Notes issued under the Indenture at a redemption price of 106.875105.875% of the principal amount thereof plus accrued and unpaid interest thereon, if any, to the Redemption Date; provided that at least 65% of the principal amount of Notes issued under the Indenture remains outstanding immediately after any such redemption and the Company makes such redemption not more than 90 days after the consummation of any such Equity Offering.

Optional Redemption upon Equity Offerings. At any time, or from time to time, on or prior to July 1April 15, 20062002, the Company may, at its option, use the net cash proceeds of one or more public or private offering of Qualified Capital Stock Equity Offerings (as defined in the Indenturebelow) of the Company to redeem up to 35% of the principal amount of the Notes issued under the Indenture at a redemption price of 106.875111.500% of the principal amount thereof thereof, plus accrued and unpaid interest thereon, if any, to the Redemption Datedate of redemption; provided that at least 65% of the principal amount of Notes issued under the Indenture remains outstanding immediately after any such redemption and the Company makes such redemption not more than 90 120 days after the consummation of any such Equity Offering.

Optional Redemption upon Equity Offerings. At any time, or from time to time, on or prior to July 1April 15, 20062002, the Company may, at its option, use the net cash proceeds of one or more public or private offering of Qualified Capital Stock Equity Offerings (as defined in the Indenturebelow) of the Company to redeem up to 35% of the principal amount of the Notes issued under the Indenture at a redemption price of 106.875111.500% of the principal amount thereof of Notes to be redeemed, plus accrued and unpaid interest thereon, if any, to the Redemption Datedate of redemption; provided that at least 65% of the principal amount of Notes issued under the Indenture remains outstanding immediately after any such redemption and the Company makes such redemption not more than 90 120 days after the consummation of any such Equity Offering.

Optional Redemption upon Equity Offerings. At any time, or from time to time, on or prior to July December 1, 20062013, the Company may, at its option, use the net cash proceeds of one or more public or private offering of Qualified Capital Stock (as defined in the Indenture) of the Company to redeem up to 35% of the principal amount of the Notes issued under the Indenture at a redemption price of 106.875107.875% of the principal amount thereof plus accrued and unpaid interest thereon, if any, to the Redemption Date; provided that at least 65% of the principal amount of Notes issued under the Indenture remains outstanding immediately after any such redemption and the Company makes such redemption not more than 90 days after the consummation of any such Equity Offering.

Optional Redemption upon Equity Offerings. At any time, or from ----------------------------------------- time to time, on or prior to July June 1, 20062002, the Company may, at its option, use the net cash proceeds of one or more public or private offering of Qualified Capital Stock Equity Offerings (as defined in the Indenturebelow) of the Company to redeem up to 35% of the principal amount of the Notes Securities issued under the Indenture at a redemption price of 106.875109.750% of the principal amount thereof thereof, plus accrued and unpaid interest thereonthereon (including Additional Interest), if any, to the Redemption Datedate of redemption; provided that at least 65% of the principal amount of Notes Securities issued under the Indenture remains outstanding immediately after any such redemption and the Company makes such redemption not more than 90 days after the consummation of any such Equity Offering.

Optional Redemption upon Equity Offerings. At any time, or from time to time, on or prior to July May 1, 20062010, the Company may, at its option, use the net cash proceeds of one or more public or private offering of Qualified Capital Stock (as defined in the Indenture) of the Company to redeem up to 35% of the principal amount of the Notes issued under the Indenture at a redemption price of 106.875% of the principal amount thereof plus accrued and unpaid interest thereon, if any, to the Redemption Date; provided that at least 65% of the principal amount of Notes issued under the Indenture remains outstanding immediately after any such redemption and the Company makes such redemption not more than 90 days after the consummation of any such Equity Offering.

Optional Redemption upon Equity Offerings. At any time, or from ----------------------------------------- time to time, on or prior to July June 1, 2006, 2002 the Company may, at its option, use the net cash proceeds of one or more public or private offering of Qualified Capital Stock Equity Offerings (as defined in the Indenturebelow) of the Company to redeem up to 35% of the principal amount of the Notes Securities issued under the Indenture at a redemption price of 106.875109.750% of the principal amount thereof thereof, plus accrued and unpaid interest thereon, if any, to the Redemption Datedate of redemption; provided that at least 65% of the principal amount of Notes Securities issued under the Indenture remains outstanding immediately after any such redemption and the Company makes such redemption not more than 90 days after the consummation of any such Equity Offering.

Optional Redemption upon Equity Offerings. At In addition, at any time, or time and from time to time, time on or prior to July February 1, 20062005, the Company may, at its option, use the net cash proceeds of one or more public or private offering of Qualified Capital Stock (as defined in the Indenture) of the Company to may redeem up to 35% of the principal amount of the Notes issued under (calculated to give effect to any issuance of Additional Notes) with the Indenture Net Cash Proceeds of one or more Public Equity Offerings, at a redemption price of 106.875in cash equal to 108.500% of the principal amount thereof to be redeemed plus accrued and unpaid interest thereonand Additional Interest, if any, thereon to the Redemption Datedate of redemption; provided that at least 65% of the original principal amount of Notes issued under the Indenture remains outstanding immediately after any each such redemption. Any such redemption and the Company makes such redemption not more than will be required to occur within 90 days after following the consummation closing of any such Public Equity Offering.