Additional Redemption Provisions Clause Samples

Additional Redemption Provisions. (a) Subject to Section 7.03 of this Second Supplemental Indenture, the provisions of Article Four of the Base Indenture, as supplemented by the provisions of this Second Supplemental Indenture, shall apply to the Notes.
Additional Redemption Provisions. (a) Subject to Section 7.03 of this First Supplemental Indenture, the provisions of Article Four of the Base Indenture, as supplemented by the provisions of this First Supplemental Indenture, shall apply to the Notes.
Additional Redemption Provisions. Subject to the limitations set forth in the preamble to ARTICLE 3 of this Supplemental Indenture, Section 11.6 of the Original Indenture is hereby amended by adding the following paragraph as the last paragraph of such Section: Notwithstanding the preceding provisions of this Section 11.6, notice of any redemption upon an Equity Offering may be given prior to the completion of the related Equity Offering, and any such redemption or notice may at the Company’s discretion, be subject to one or more conditions precedent, including, but not limited to completion of the related Equity Offering. Furthermore, notwithstanding the preceding provisions of this Section 11.6 or any other provisions hereof or of the Notes to the contrary, if a Mandatory Redemption Event occurs, all notes shall become due and payable on the Special Redemption Date, regardless of whether previously called for redemption.
Additional Redemption Provisions of the Original Indenture is amended by inserting the following new section in its entirety:
Additional Redemption Provisions. Redemption at Option of the Company. Redemption of Convertible Notes at the election of the Company, as permitted or required by any provision of the Indenture or this Supplemental Indenture, shall be made in accordance with the following provisions:
Additional Redemption Provisions. On and after the date of any redemption of Preferred Units pursuant to Section 15.4 or Section 15.5, distributions will cease to accumulate on the Preferred Units, unless the Company defaults in the payment thereof. If any date fixed for redemption of Preferred Units is not a Business Day, then payment of the Preferred Redemption Price payable on such date will be made on the next succeeding day that is a Business Day (and without any interest or other payment in respect of any such delay) except that, if such Business Day falls in the next calendar year, such payment will be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date fixed for redemption. If payment of the Preferred Redemption Price is improperly withheld or refused and not paid by the Company, distributions on such Preferred Units will continue to accumulate from the original redemption date to the date of payment.
Additional Redemption Provisions 

Related to Additional Redemption Provisions

  • Optional Redemption (a) The 2026 Notes will be redeemable, at the Company’s option, in whole or in part, at any time and from time to time on and after August 15, 2021 at the applicable redemption price set forth below. The 2026 Notes will be so redeemable at the following redemption prices (expressed as a percentage of principal amount), plus accrued and unpaid interest, if any, to, but not including, the relevant Redemption Date (subject to the right of Holders of record on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date falling prior to or on the Redemption Date pursuant to Section 307 of the Indenture), if redeemed during the 12-month period commencing on August 15 of the years set forth below: 2021 105.063 % 2022 103.375 % 2023 101.688 % 2024 and thereafter 100.000 % (b) In addition, at any time and from time to time prior to August 15, 2021, the Company at its option may, on one or more occasions, redeem the 2026 Notes in an aggregate principal amount equal to up to 40.0% of the original aggregate principal amount of the 2026 Notes (including the principal amount of any Additional 2026 Notes), in an amount not to exceed the Net Cash Proceeds of one or more Equity Offerings, at a redemption price (expressed as a percentage of principal amount thereof) of 106.750%, plus accrued and unpaid interest, if any, to, but not including, the Redemption Date (subject to the right of Holders of record on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date falling prior to or on the Redemption Date pursuant to Section 307 of the Indenture); provided, however, that an aggregate principal amount of 2026 Notes equal to at least 50.0% of the original aggregate principal amount of 2026 Notes (including the principal amount of any Additional 2026 Notes) must remain Outstanding immediately after each such redemption of 2026 Notes. Any notice of any such redemption may be given prior to, and conditioned on, the completion of the related Equity Offering, but in no event may be given more than 180 days after the completion of the related Equity Offering. (c) In addition, at any time and from time to time prior to August 15, 2021, the 2026 Notes may be redeemed, in whole or in part, at the Company’s option, at a redemption price (the “Redemption Price”) equal to 100.0% of the principal amount thereof plus the Applicable Premium as of, and accrued and unpaid interest, if any, to, but not including, the Redemption Date (subject to the right of Holders of record on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date falling prior to or on the Redemption Date pursuant to Section 307 of the Indenture).

  • Optional Redemption of the Notes (a) The Company may redeem at its election, at any time or from time to time, some or all of the Notes before they mature at a redemption price equal to the sum of (x) 100% of the principal amount of Notes redeemed plus accrued and unpaid interest, if any, to, but not including, the date of redemption (the “Redemption Date”), subject to the rights of Holders of record of Notes on the relevant record date to receive interest due on the relevant Interest Payment Date plus (y) the Make-Whole Premium. (b) Notwithstanding the foregoing, if the Notes are redeemed on or after the First Par Call Date, the redemption price will not include the Make-Whole Premium. (c) Neither the Trustee nor any Paying Agent shall have any obligation to calculate or verify the calculation of the Make-Whole Premium. (d) The provisions of Section 3.01 through Section 3.06 of the Base Indenture shall not apply to the Notes, and the following provisions shall apply in lieu thereof: (i) In the event that the Company chooses to redeem less than all of the Notes, selection of the Notes for redemption will be made by the Trustee: (A) by a method that complies with the requirements, as certified to the Trustee by the Company, of the principal securities exchange, if any, on which the Notes are listed at such time, and in compliance with the requirements of the relevant clearing system; or (B) if the Notes are not listed on a securities exchange, or such securities exchange prescribes no method of selection and the Notes are not held through a clearing system or the clearing system prescribes no method of selection, by lot. (ii) No Notes of a principal amount of $2,000 or less shall be redeemed in part. (iii) Notice of redemption will be delivered at least 15 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed, the Trustee and the Paying Agent; provided that, if the redemption notice is issued in connection with a defeasance of the Notes or satisfaction and discharge of the Indenture governing the Note in accordance with the Indentures, the notice of redemption may be delivered more than 60 calendar days before the date of redemption. If any Note is to be redeemed in part only, then the notice of redemption that relates to such Note must state the portion of the principal amount thereof to be redeemed. A new Note in a principal amount equal to the unredeemed portion thereof will be issued in the name of the Holder thereof upon cancellation of the original Note (or appropriate adjustments to the amount and beneficial interests in a Global Note will be made). On and after the redemption date, interest will cease to accrue on Notes or portions thereof called for redemption as long as the Company has deposited with the Paying Agent funds in satisfaction of the applicable redemption price. (e) Any redemption or notice of redemption, may, at the Company’s discretion, be subject to one or more conditions precedent.