Optional Redemption: |
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At any time, the 2026 Notes will be redeemable in whole at any time or in part from time to time, at the Issuers option, at a
redemption price equal to the greater of:
100% of the aggregate principal amount of 2026 Notes to be redeemed; or
(a) the sum of the present
value of the remaining scheduled payments of principal and interest on the 2026 Notes being redeemed discounted to the redemption date on a semiannual basis (assuming a 360-day year of twelve 30-day months), at the Treasury Rate plus 15 basis points, less (b) interest accrued to the redemption date,
plus, in either case, accrued and unpaid interest on the 2026 Notes being redeemed to, but excluding, the redemption date. |
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At any time prior to November 15, 2032 (three months prior to the maturity date of the 2033 Notes), the 2033 Notes will be redeemable in
whole at any time or in part from time to time, at the Issuers option, at a redemption price equal to the greater of:
100% of the aggregate principal amount of 2033 Notes to be redeemed; or
(a) the sum of the present
value of the remaining scheduled payments of principal and interest on the 2033 Notes being redeemed, assuming that the 2033 Notes to be redeemed matured on November 15, 2032, discounted to the redemption date on a semiannual basis (assuming a 360-day year of twelve 30-day months), at the Treasury Rate plus 20 basis points, less (b) interest accrued to the redemption date,
plus, in either case, accrued and unpaid interest on the 2033 Notes being redeemed to,
but excluding, the redemption date. In addition, at any time and from time to time,
on and after November 15, 2032, the 2033 Notes will be redeemable, at the Issuers option, in whole or in part at a redemption price equal to 100% of the principal amount of the 2033 Notes to be redeemed plus accrued and unpaid interest on
the principal amount being redeemed to, but excluding, the redemption date. |
Change of Control Repurchase: |
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Upon the occurrence of a change of control triggering event (which involves the occurrence of both a change of control and a related below
investment grade rating of the 2026 notes by Moodys and S&P), the Issuer will be required, unless the Issuer has exercised its option to |
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Upon the occurrence of a change of control triggering event (which involves the occurrence of both a change of control and a related below
investment grade rating of the 2033 notes by Moodys and S&P), the Issuer will be required, unless the Issuer has exercised its option to redeem
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