• Prior to the Par Call Date, the Issuer shall have the right at its option to redeem the Notes, in whole or in part, at any time or from time to time prior to their maturity, on at least 10 days, but not more than 60 days, prior notice delivered to the registered address of each Holder of Notes, at a Redemption Price equal to the greater of (i) 100% of the principal amount of such Notes and (ii) the sum of the present values of the remaining scheduled payments of principal and interest on the Notes to be redeemed to the Par Call Date (exclusive of interest accrued to the Redemption Date), discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate, plus 50 basis points for the Notes, plus, in each case, accrued and unpaid interest thereon to the Redemption Date.
• At any time and from time to time on or after October 1, 2027 (the date that is six months prior to the maturity date of the Notes) (the “Par Call Date”), the Issuer may redeem the Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest to the Redemption Date.

The indenture governing the notes includes the below covenants, among other things:

• Limitation on Liens
• Limitation on Sales and Leasebacks

For details, see “Article Four — Covenants”.