Delta Airlines 2003 Annual Report Download - page 184

then listed). The Trustee shall make the selection at least 30 days but not more
than 60 days before the Redemption Date from outstanding Notes not previously
called for redemption.
(b) Notes and portions of them the Trustee selects shall be in
principal amounts of $1,000 or an integral multiple of $1,000. Provisions of
this Indenture that apply to Notes called for redemption also apply to portions
of Notes called for redemption. The Trustee shall notify the Company promptly of
the amount of Notes or portions thereof to be redeemed.
(c) If any Note selected for partial redemption is converted in part
before termination of the conversion right with respect to the portion of the
Notes so selected, the converted portion of such Notes shall be deemed to be the
portion selected for redemption. Notes that have been converted during a
selection of Notes to be redeemed may be treated by the Trustee as outstanding
for the purpose of such selection.
SECTION 4.03 Notice of Redemption.
(a) At least 30 days but not more than 60 days before a Redemption
Date, the Company shall mail a notice of redemption by first-class mail, postage
prepaid, to each Holder of Notes to be redeemed. The notice shall identify the
Notes to be redeemed and shall state:
(i) the Redemption Date;
(ii) the Redemption Price payable on the Redemption Date;
(iii) the then current Conversion Rate;
(iv) the name and address of the Paying Agent and
Conversion Agent;
(v) that Notes called for redemption may be converted at
any time prior to the close of business on the Redemption Date;
(vi) that Holders who want to convert Notes must satisfy
the requirements set forth in paragraph 9 of the Note;
(vii) that Notes called for redemption must be surrendered
to the Paying Agent to collect the Redemption Price;
(viii) if fewer than all the outstanding Notes are to be
redeemed, the certificate number(s) or CUSIP number(s) and principal
amounts of the particular Notes to be redeemed;
(ix) that, unless the Company defaults in making payment
of such Redemption Price, the Notes called for redemption will cease to
be outstanding and interest and Liquidated Damages, if any, on the
Notes called for redemption will cease to accrue on and after the
Redemption Date; and
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