Early Redemption at the Option of the Issuer Sample Clauses

The 'Early Redemption at the Option of the Issuer' clause gives the issuer the right to repay the principal amount of a security before its scheduled maturity date. Typically, this clause outlines the conditions under which the issuer can exercise this option, such as specific dates or notice periods, and may specify any premiums or penalties paid to investors upon early redemption. Its core practical function is to provide the issuer with flexibility to manage debt obligations, often allowing them to refinance or reduce interest costs if market conditions become favorable.
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Early Redemption at the Option of the Issuer. The Issuer may, at any time from ([ ] ([ ]) months before the Maturity Date and on giving (i) not less than [ ] ([ ]) calendar days nor more than ([ ] ([ ]) calendar days' prior notice to the Noteholders and (ii) not less than ([ ] ([ ]) calendar days before the giving of the notice referred to in (i) above, notice to the Fiscal Agent and the Calculation Agent (which notices shall be irrevocable and shall specify the date fixed for redemption), redeem the Notes, in whole but not in part, then outstanding at their nominal amount together with any accrued interest thereon from and including the last Interest Payment Date to, but excluding the date fixed for redemption.
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Early Redemption at the Option of the Issuer. The Issuer may, at any time from ([__] ([__]) months before the Maturity Date and on giving (i) not less than [__] ([__]) calendar days nor more than ([__] ([__]) calendar days' prior notice to the Noteholders and (ii) not less than ([__] ([__]) calendar days before the giving of the notice referred to in (i) above, notice to the Fiscal Agent and the Calculation Agent (which notices shall be irrevocable and shall specify the date fixed for redemption), redeem the Notes, in whole but not in part, then outstanding at their nominal amount together with any accrued interest thereon from and including the last Interest Payment Date to, but excluding the date fixed for redemption. The Issuer may at any time purchase Notes, at any price, in accordance with applicable laws and regulations. Bonds redeemed by or on behalf of the Issuer may, at the Issuer's option, be held and resold, in accordance with applicable laws and regulations, or cancelled in accordance with Article 6.7 below.
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Early Redemption at the Option of the Issuer. The Issuer may redeem the $NC10 Notes, in whole but not in part, subject to the prior consent of the competent supervisory authority, upon not less than 25 days’ notice of redemption with effect as of the Early Redemption Date (as defined below) at their Redemption Amount (as defined below) together with interest (if any, and subject to a cancellation of the interest payment pursuant to § 3 (8)) accrued to the Early Redemption Date (exclusive), unless such $NC10 Note is written down in whole or in part pursuant to a Resolution Measure, in which case the redemption price will be the nominal amount of the $NC10 Note after giving effect to such write-down.
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Early Redemption at the Option of the Issuer. Subject to a period of 30 days' notice to the Bondholders, the Issuer reserves the right to (a) prematurely redeem at any time all outstanding Bonds at their Accreted Principal Amount (together with unpaid accrued interest), provided that less than 15 per cent. of the Bonds are outstanding at the time of the notice; or (b) redeem all outstanding Bonds on 10 December 2006 or at any time thereafter, at their Accreted Principal Amount (together with unpaid accrued interest), provided that the Closing Price (as defined in Section 3 (d) below) of the Shares on the Relevant Exchange for 20 Trading Days during any period of 30 consecutive Trading Days ending not earlier than 14 days prior to the giving of the notice of redemption (the "20 Day Period") was at least 115 per cent. of the Accreted Principal Amount divided by the number of Designated Shares to be delivered upon conversion of one Bond on each such Trading Day of the 20 Day Period. The right to redeem shall renew each time a new 20 Day Period occurs. Notice of redemption is validly given if made in writing to the Principal Paying and Conversion Agent within the prescribed time limit. Such notice shall be announced as soon as practicable in accordance with Section 11.
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Early Redemption at the Option of the Issuer. (a) Subject to a period of not less than thirty (30) nor more than sixty (60) days’ prior notice to the Principal Paying Agent, the Issuer may redeem the Bonds at any time after the Payment Date and prior to the Maturity Date, in whole, but not in part only, at par of their aggregate principal outstanding amount plus accrued and unpaid interest, if any, on the date determined by the Issuer for early redemption, if eighty-five (85) per cent or more of the aggregate principal amount of the Bonds have been redeemed or purchased and cancelled at the time of such notice. (b) Subject to a period of not less than thirty (30) nor more than sixty (60) days’ prior notice to the Principal Paying Agent, the Issuer may redeem the Bonds at any time after the Payment Date and prior to the Maturity Date, in whole, but not in part only, at par of their aggregate principal outstanding amount plus accrued and unpaid interest, if any, on the date determined by the Issuer for early redemption, if as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated thereunder) of Chile or any change in the official application, administration or interpretation of such laws, regulations or rulings, the Issuer has or will become obligated to pay Additional Amounts (as defined in Condition 6 (Taxation)) in respect of interest received on the Notes at a rate of withholding or deduction in excess of 4.0% that is disclosed in the Prospectus under the heading “Taxation – Chilean Taxation – Main consequences under Chilean Tax Law”.
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Early Redemption at the Option of the Issuer. The Issuer may, upon notice given in accordance with subparagraph (3)(c), redeem all or some only of the Notes on the [insert call redemption date] (the "Call Redemption Date") at the [insert call redemption amount(s)] (the "Call Redemption Amount(s) ") together with accrued interest, if any, to (but excluding) the Call Redemption Date. The Issuer may not exercise such option in respect of any Note which is the subject of the prior exercise by the Noteholder of its option to require the redemption of such Note under this Condition. In the case of a partial redemption of Notes issued in NGN form, the relevant Notes will be redeemed in accordance with the rules of the ICSDs (to be reflected in their records in the respective nominal amount). [In case of Minimum Redemption Amount, include:
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Early Redemption at the Option of the Issuer. Subject to clauses (f) and (g) of this Condition 5, the Issuer may elect, in its sole discretion, to redeem the Notes, in whole but not in part, on the Call Date at their aggregate principal amount, together with accrued and unpaid interest thereon to (but excluding) the Call Date, if any.
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Related to Early Redemption at the Option of the Issuer

  • Redemption at the Option of the Issuer The Issuer may (if this Condition 6.2 is specified in the relevant Final Terms as being applicable) having given at least 30 days but not more than 60 days’ notice (or such period as specified in the relevant Final Terms) to PR Debt Instrument Holders in accordance with Condition 18 (which notice must comply with the following paragraph and shall be irrevocable) and subject to satisfaction of any relevant conditions specified in the relevant Final Terms redeem all (but not, unless and to the extent that the relevant Final Terms specify otherwise, some only) of the PR Debt Instruments on the date specified in the Final Terms (“Optional Redemption Date”) at their early redemption amount (call) (“Early Redemption Amount (Call)”) (which shall be their outstanding nominal amount or a percentage of their outstanding nominal amount as specified in the Final Terms) together with accrued interest (if any) thereon. The notice referred to in the preceding paragraph shall specify: (a) the Series of PR Debt Instruments subject to redemption; (b) whether such Series is to be redeemed in whole or in part only and, if in part only, the aggregate nominal amount of the PR Debt Instruments of the relevant Series which are to be redeemed; (c) the due date for redemption; (d) the Early Redemption Amount (Call) at which such PR Debt Instruments are to be redeemed; and (e) whether or not accrued interest is to be paid upon redemption and, if so, the amount thereof or the basis or method of calculation thereof, all as specified in the relevant Final Terms. In the case of a partial redemption of PR Debt Instruments, the PR Debt Instruments to be redeemed will be selected by the I&P Agent or in the case of a Tranche represented wholly by Registered PR Debt Instruments, the Registrar, and notice of the PR Debt Instruments called for redemption (together with the serial numbers thereof) will be published in accordance with Condition 18 not less than 15 days prior to the date fixed for redemption.

  • Redemption at the Option of the Company Unless a Redemption Right is specified on the face hereof, this Security shall not be redeemable at the option of the Company before the Maturity Date specified on the face hereof. If a Redemption Right is so specified, this Security may be redeemed at the option of the Company on any Business Day on and after the date, if any, specified on the face hereof (each, a "Redemption Date"). This Security may be redeemed on any Redemption Date in whole or in part in increments of $1,000 (an "Authorized Denomination") at the option of the Company at a redemption price equal to 100% of the principal amount to be redeemed, together with accrued interest to the Redemption Date, on written notice given not more than 60 days nor less than 5 days prior to the proposed Redemption Date. In the event of redemption of this Security in part only, a new Security for the unredeemed portion hereof shall be issued in the name of the Holder hereof upon the surrender hereof.

  • Redemptions at the Option of the Trust The Trust shall have the right, at its option, upon 30 days notice to the affected Shareholder at any time to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value determined from time to time by the Trustees; or (ii) to the extent that such Shareholder owns Shares of a Series equal to or in excess of a maximum percentage of the outstanding Shares of such Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the Trust.

  • Optional Redemption at Election of Company Subject to the provisions of this Section 6, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Debenture for cash in an amount equal to the Optional Redemption Amount on the 10th Business Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company may not deliver an Optional Redemption Notice if there is an existing Event of Default or an existing event which, with the passage of time or giving of notice, would constitute an Event of Default. If any portion of the payment pursuant to an Optional Redemption shall not be paid by the Company on the applicable due date, interest shall accrue thereon at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law until such amount is paid in full. Notwithstanding anything herein contained to the contrary, if any portion of the Optional Redemption Amount remains unpaid after such date, the Holder may elect, by written notice to the Company given at any time thereafter, to invalidate such Optional Redemption, ab initio, and, with respect to the Company’s failure to honor the Optional Redemption, the Company shall have no further right to exercise such Optional Redemption. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full.

  • Early Redemption The Original Notes are subject to early redemption by the Issuer as set forth in Article III of the Debt Agreement. If the Issuer elects to exercise its early redemption option with respect to the Original Notes, the Issuer shall give written notice by an Authorized Officer of its intention to exercise such option to the Global Agent of the principal amount of the Original Notes to be so redeemed in accordance with the Terms applicable to such Note. At the request of the Issuer, the Global Agent shall cause notice of redemption to be given to the Holders of Original Notes (and MAC Notes representing interests in the Exchangeable Notes) in accordance with the notice requirements set forth in the Debt Agreement in the name of and at the expense of Issuer.