MAIL TO EACH HOLDER OF
SECURITIES TO BE REDEEMED AT SUCH HOLDER'S REGISTERED ADDRESS.
The notice shall identify the Securities to be redeemed and shall state:
(1)
THE REDEMPTION DATE;
(2)
THE REDEMPTION PRICE;
(3)
THE NAME AND ADDRESS OF THE PAYING AGENT;
(4)
THAT SECURITIES CALLED FOR REDEMPTION MUST
BE SURRENDERED TO THE PAYING AGENT TO COLLECT THE REDEMPTION PRICE;
(5)
IF FEWER THAN ALL THE OUTSTANDING
SECURITIES ARE TO BE REDEEMED, THE IDENTIFICATION AND PRINCIPAL AMOUNTS OF THE
PARTICULAR SECURITIES TO BE REDEEMED;
(6)
THAT, UNLESS THE COMPANY DEFAULTS IN MAKING
SUCH REDEMPTION PAYMENT, INTEREST ON SECURITIES (OR PORTION THEREOF) CALLED FOR
REDEMPTION CEASES TO ACCRUE ON AND AFTER THE REDEMPTION DATE;
(7)
THE "CUSIP" NUMBER, ISIN OR "COMMON CODE"
NUMBER, IF ANY, PRINTED ON THE SECURITIES BEING REDEEMED; AND
(8)
that no representation is made as to the
correctness or accuracy of the "CUSIP" number, ISIN, or "Common Code" number, if
any, listed in such notice or printed on the Securities.
At the Company's request, the Trustee shall give the notice of redemption in the
Company's name and at the Company's expense.
In such event, the Company shall
provide the Trustee with the information required by this Section.
SECTION 3.04.
EFFECT OF NOTICE OF REDEMPTION.
ONCE
NOTICE OF REDEMPTION IS MAILED, SECURITIES CALLED FOR REDEMPTION BECOME DUE AND
PAYABLE ON THE REDEMPTION DATE AND AT THE REDEMPTION PRICE STATED IN THE
NOTICE.
UPON SURRENDER TO THE PAYING AGENT, SUCH SECURITIES SHALL BE PAID AT
THE REDEMPTION PRICE STATED IN THE NOTICE, PLUS ACCRUED INTEREST TO THE
REDEMPTION DATE (SUBJECT TO THE RIGHT OF HOLDERS OF RECORD ON THE RELEVANT
RECORD DATE TO RECEIVE INTEREST DUE ON THE RELATED INTEREST PAYMENT DATE), AND
SUCH SECURITIES SHALL BE CANCELED BY THE TRUSTEE.
FAILURE TO GIVE NOTICE OR ANY
DEFECT IN THE NOTICE TO ANY HOLDER SHALL NOT AFFECT THE VALIDITY OF THE NOTICE
TO ANY OTHER HOLDER.
SECTION 3.05.
DEPOSIT OF REDEMPTION PRICE.
PRIOR TO
THE REDEMPTION DATE, THE COMPANY SHALL DEPOSIT WITH THE PAYING AGENT (OR, IF THE
COMPANY OR A SUBSIDIARY IS THE PAYING AGENT, SHALL SEGREGATE AND HOLD IN TRUST)
MONEY SUFFICIENT TO PAY THE REDEMPTION PRICE OF AND ACCRUED INTEREST ON ALL
SECURITIES TO BE REDEEMED ON THAT
44
DATE OTHER THAN SECURITIES OR PORTIONS OF SECURITIES CALLED FOR REDEMPTION WHICH
HAVE BEEN DELIVERED BY THE COMPANY TO THE TRUSTEE FOR CANCELLATION.
SECTION 3.06.
SECURITIES REDEEMED IN PART.
UPON SURRENDER OF A
SECURITY THAT IS REDEEMED IN PART, THE COMPANY SHALL EXECUTE AND THE TRUSTEE
SHALL AUTHENTICATE FOR THE HOLDER (AT THE COMPANY'S EXPENSE) A NEW SECURITY
EQUAL IN PRINCIPAL AMOUNT TO THE UNREDEEMED PORTION OF THE SECURITY SURRENDERED.
Article 4
Covenants
SECTION 4.01.
PAYMENT OF SECURITIES.
THE COMPANY
SHALL PROMPTLY PAY THE PRINCIPAL OF AND INTEREST AND ADDITIONAL INTEREST, IF
ANY, ON THE SECURITIES ON THE DATES AND IN THE MANNER PROVIDED IN THE SECURITIES
AND IN THIS INDENTURE.
PRINCIPAL, INTEREST AND ADDITIONAL INTEREST, IF ANY,
SHALL BE CONSIDERED PAID ON THE DATE