Common use of Payment of Securities Called for Redemption Clause in Contracts

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section 14.04, the Securities or portions of Securities of the series with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price), and on and after said date (unless the Company shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a place of payment specified in said notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to the holder thereof, at the expense of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 3 contracts

Sources: Indenture (Masco Corp /De/), Indenture (Masco Corp /De/), Indenture (Masco Corp /De/)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section 14.04above provided, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 6.05 and 11.06, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a place of payment Payment Office specified in said notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption; provided that any payment of interest becoming due on the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver Regular Record Date subject to the holder thereof, at the expense terms and provisions of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.Section 3.05

Appears in 3 contracts

Sources: Indenture (Dendreon Corp), Indenture (Dendreon Corp), Indenture (Thomas Properties Group Inc)

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided and the Company has deposited, on or before the Redemption Date, with the Trustee (and/or having irrevocably directed the Trustee to apply, from money held by it available to be used for the redemption of Securities) an amount in Section 14.02 or Section 14.04cash sufficient to redeem all of the Securities to be redeemed, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become due and payable on the date Redemption Date, and at the place or places stated in such notice at the applicable redemption priceRedemption Price, together with any interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)Redemption Date, and on and after said date (unless the Company shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) Redemption Date any interest on the Securities or portions portion of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a place Place of payment specified Payment in said noticesuch notice specified, the said such Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with any interest accrued thereon to the date fixed for redemption (unless applicable Redemption Date, except that if such date Redemption Date is an interest payment dateInterest Payment Date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)as provided in Section 3.8. Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver make available for delivery to or on the holder order of the Holder thereof, at the expense of the Company, a new Security or Securities of such series series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 3 contracts

Sources: Indenture (Covanta Capital Trust Iii), Indenture (Idaho Power Co), Indenture (Covanta Capital Trust Iii)

Payment of Securities Called for Redemption. If any notice of redemption has been given as provided in Section 14.02 or Section 14.0411.4, the Securities or portions portion of Securities of the series with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price), and on and after said date (unless the Company shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrueRedemption Price. On presentation and surrender of such Securities at a place Place of payment specified Payment in said noticenotice specified, the said Securities securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with accrued interest accrued thereon (including any Additional Interest) to the date fixed for redemption (Redemption Date; provided, however, that, unless such date otherwise specified as contemplated by Section 3.1, installments of interest whose Stated Maturity is an interest payment date, in which case such accrued interest shall be paid on or prior to the holders Redemption Date will be payable to the Holders of record such Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant record date, Record Dates according to their terms and no such accrued interest shall be paid with the redemption price)provisions of Section 3.7. Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to the holder Holder thereof, at the expense of the Company, a new Security or Securities of such series the same series, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security not redeemed so presentedpresented and having the same Original Issue Date, Stated Maturity and terms. If a Global Security is so surrendered, such new Security will also be a new Global Security. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal of and premium, if any, on such Security shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security.

Appears in 3 contracts

Sources: Junior Subordinated Indenture (Asbc Capital Ii), Junior Subordinated Indenture (Silicon Valley Bancshares), Junior Subordinated Indenture (Silicon Valley Bancshares)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 3.2 or Section 14.043.4, the Securities or portions of Securities of the series with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with any interest accrued to to, but excluding, the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company shall default in the payment of such Securities at the redemption priceor portions of such Securities, together with any interest accrued to said date) any interest on the Securities of such series or portions of Securities of any such series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a place Place of payment specified Payment in said noticenotice specified, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with any interest accrued thereon to, but excluding, the date fixed for redemption; provided, however, that any regularly scheduled installment of interest becoming due on or prior to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price)date according to their terms. Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to the holder thereof, at the expense of the Company, a new Security or Securities of such series the same series, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presented.

Appears in 2 contracts

Sources: Indenture (SM Energy Co), Indenture (SM Energy Co)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section 14.04above provided, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company Issuer shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 5.05 and 9.04, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a place of payment specified in said notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company Issuer at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption; provided that any semiannual payment of interest becoming due on the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders Holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver date subject to the holder thereof, at the expense terms and provisions of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.Section 2.07

Appears in 2 contracts

Sources: Indenture (Mediaone Group Inc), Indenture (Comcast Mo Group Inc)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section 14.04above provided, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 6.05 and 12.06, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a place of payment Payment Office specified in said notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption; provided that any payment of interest becoming due on the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver Regular Record Date subject to the holder thereof, at the expense terms and provisions of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.Section 3.05

Appears in 2 contracts

Sources: Indenture (Lexmark International Inc /Ky/), Indenture (Honeywell International Inc)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section 14.04above provided, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to to, but not including, the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company and any Guarantors shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 6.05 and 12.06, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a place of payment Payment Office specified in said notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to to, but not including, the date fixed for redemption; provided that any payment of interest becoming due on the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders Holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver Regular Record Date subject to the holder thereof, at the expense terms and provisions of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.Section 3.05

Appears in 2 contracts

Sources: Indenture (Axsome Therapeutics, Inc.), Indenture (Axsome Therapeutics, Inc.)

Payment of Securities Called for Redemption. If any notice of redemption has been given as provided in Section 14.02 or Section 14.044.04, the Securities or portions of Securities of the series with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company Corporation shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrue, and such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit under this Indenture, including the right to convert such Securities or portions thereof, if the terms of such Securities established pursuant to Section 3.01 provide for conversion, and the holders thereof shall have no right in respect of such Securities, except to receive payment of the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a place of payment specified in said noticenotice specified, the said Securities or the specified portions thereof shall be paid and redeemed by the Company Corporation at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption; provided, however, that any regular payment of interest becoming due on the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver subject to the holder thereofterms and provisions of Section 3.02, at the expense of the Companyand, a new Security or Securities of such series of authorized denominationsif applicable, in principal amount equal to the unredeemed portion of the Security so presentedSection 19.

Appears in 2 contracts

Sources: Indenture (J P Morgan Chase & Co), Indenture (J P Morgan Chase & Co)

Payment of Securities Called for Redemption. If notice of redemption has been given as in the manner provided in Section 14.02 or Section 14.04above, the Securities or portions portion of Securities of the series with respect to which specified in such notice has been given shall to be redeemed shall, unless converted to Conversion Shares in accordance with the terms hereof, become due and payable on the date and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption priceherein, together with interest accrued interest, if any, to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)Redemption Date, and on and after said such date (unless the Company shall default in the payment of such Securities at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Redemption Date at the rate prescribed in the Securities), such Securities or portions of Securities of any series so called for redemption shall cease to accrueaccrue interest. On presentation and Such Securities shall no longer be convertible into Conversion Shares at the close of business on the Trading Day next preceding such Redemption Date. Upon surrender of any Security for redemption in accordance with a notice of redemption, such Securities at a place of payment specified in said notice, the said Securities or the specified portions thereof Security shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to the date fixed for redemption (unless such date Redemption Date; PROVIDED that installments of interest whose Stated Maturity is an interest payment date, in which case such accrued interest on or prior to the Redemption Date shall be paid payable to the holders Holders registered as such at the close of record business on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to the holder thereof, at the expense of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 2 contracts

Sources: Indenture (International Fast Food Corp), Indenture (International Fast Food Corp)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section SECTION 14.04, the Securities or portions of Securities of the series with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption priceRedemption Price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid subject to the rights of holders of record Securities on the relevant close of business on a regular record date, and no such accrued interest shall be paid with date in respect of an Interest Payment Date occurring on or prior to the redemption pricedate), and on and after said date (unless the Company shall default in the payment of such Securities at the redemption priceRedemption Price, together with interest accrued to said date) interest (including Compounded Interest and Additional Sums, if any) on the Securities or portions of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a place of payment specified in said notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest (including Compounded Interest and Additional Sums, if any) accrued thereon to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid subject to the rights of holders of record Securities on the relevant close of business on a regular record date, and no such accrued interest shall be paid with date in respect of an Interest Payment Date occurring on or prior to the redemption pricedate). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver make available for delivery to the holder thereof, at the expense of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 2 contracts

Sources: Indenture (Illinois Power Co), Indenture (Illinois Power Co)

Payment of Securities Called for Redemption. If notice of redemption has been given as in the manner provided in Section 14.02 or Section 14.04above, the Securities or portions portion of Securities of the series with respect to which specified in such notice has been given to be redeemed shall become due and payable on the date and Redemption Date at the place or places stated in such notice at the applicable redemption priceRedemption Price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)Redemption Date, and on and after said such date (unless the Company Issuer shall default in the payment of such Securities at the redemption priceRedemption Price and accrued interest to but excluding the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Redemption Date at the rate prescribed in the Securities), such Securities or portions of Securities of any series so called for redemption shall cease to accrueaccrue interest. On presentation and Upon surrender of any Security for redemption in accordance with a notice of redemption, such Securities at a place of payment specified in said notice, the said Securities or the specified portions thereof Security shall be paid and redeemed by the Company Issuer at the applicable redemption price, together with Redemption Price; provided that installments of interest accrued thereon whose Stated Maturity is on or prior to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest Redemption Date shall be paid payable to the holders Holders registered as such at the close of record business on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of If any Security of any series redeemed in part onlywith coupons attached thereto is surrendered for redemption and is not accompanied by all appurtenant coupons maturing after the Redemption Date, the Company shall execute surrender of such missing coupon or coupons may be waived by the Issuer and the Trustee shall authenticate and deliver Trustee, if there be furnished to the holder thereof, at the expense each of the Company, a new Security them such security or Securities indemnity as they may require to save each of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presentedthem harmless.

Appears in 2 contracts

Sources: Indenture (Kansas City Southern), Indenture (Kansas City Southern)

Payment of Securities Called for Redemption. (1) If any notice of redemption has been given as provided in Section 14.02 or Section 14.0411.4, the Securities or portions portion of Securities of the series with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption priceRedemption Price, together with accrued interest accrued (including any Additional Interest) to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price), and on and after said date (unless the Company shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrueRedemption Date. On presentation and surrender of such Securities at a place Place of payment specified Payment in said noticenotice specified, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with accrued interest accrued thereon (including any Additional Interest) to the date fixed for redemption Redemption Date; provided, however, that, unless otherwise specified as contemplated by Section 3.1, installments of interest (unless such date including Additional Interest) whose Stated Maturity is an interest payment date, in which case such accrued interest shall be paid on or prior to the holders Redemption Date will be payable to the Holders of record such Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant record date, dates according to their terms and no such accrued interest shall be paid with the redemption price). provisions of Section 3.8. (2) Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to the holder Holder thereof, at the expense of the Company, a new Security or Securities of such series the same series, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presentedpresented and having the same Original Issue Date, Stated Maturity and terms. (3) If any Security called for redemption shall not be so paid under surrender thereof for redemption, the principal of and premium, if any, on such Security shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security.

Appears in 1 contract

Sources: Junior Subordinated Indenture (BSB Capital Trust I)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section 14.04above provided, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrue. Except as provided in Sections 6.01 and 10.04, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a place Place of payment Payment specified in said notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption. If for any Securities the date fixed for redemption (unless such date is an a regular interest payment date, in which case payment of interest becoming due on such accrued interest date shall be paid payable to the holders Holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver date subject to the holder thereof, at the expense terms and provisions of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presentedSection 2.

Appears in 1 contract

Sources: Indenture (Fluor Corp)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 3.02 or Section 14.043.05, the Securities or portions of Securities of the series with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with any interest accrued to to, but excluding, the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company shall default in the payment of such Securities at the redemption priceor portions of such Securities, together with any interest accrued to said date) any interest on the Securities of such series or portions of Securities of any such series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a place Place of payment specified Payment in said noticenotice specified, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with any interest accrued thereon to, but excluding, the date fixed for redemption; provided, however, that any regularly scheduled installment of interest becoming due on or prior to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price)date according to their terms. Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to the holder thereof, at the expense of the Company, a new Security or Securities of such series the same series, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presented.

Appears in 1 contract

Sources: Indenture (WPX Energy, Inc.)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section 14.04above provided, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 5.05 and 9.04, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a place of payment specified in said notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption; provided that any semi-annual payment of interest becoming due on the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver Interest Record Date subject to the holder thereof, at the expense terms and provisions of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.Section 2.04

Appears in 1 contract

Sources: Indenture (Benton Oil & Gas Co)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section 14.04above provided, the Securities or portions of Securities of the series with respect to which such notice has been given shall become due and payable on the date and at the place or places Place of Payment stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price), price and on and after said date (unless the Company and, if the provisions of Article Fifteen apply to the Securities to be redeemed, the Guarantor shall default in the payment of such Securities at the applicable redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities subject to redemption at a place said Place of payment specified Payment in said noticenotice specified, the said Securities or the specified portions thereof called for redemption shall be paid and redeemed by the Company at the applicable redemption price. Interest, together with interest accrued thereon if any, payable on an Interest Payment Date that occurs on or prior to the date fixed for redemption shall continue to be payable (but without interest thereon unless such date is an interest the Company shall default in payment date, in which case such accrued interest shall be paid thereof) to the holders of record Holders thereof registered as such on the Security Register on the relevant record date, and no Regular Record Date for such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver Interest Payment Date subject to the holder thereof, at terms and provisions of Section 2.04. At the expense option of the Company, a new Security payment may be made by check, wire transfer or other electronic means to (or to the order of) the Holders of the Securities or other persons entitled thereto against presentation and surrender of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presentedSecurities.

Appears in 1 contract

Sources: Indenture

Payment of Securities Called for Redemption. If notice of redemption has shall have been given as in the manner provided in Section 14.02 or Section 14.043.02, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become become 2.15.1 due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption (unless except that if such redemption date is an interest payment date, in which case date the interest due on such accrued interest date shall be paid payable to the holders holder of record such Security on the relevant record date for such interest payment date, and no such accrued interest shall be paid with the redemption price), and on and after said such date of redemption (unless the Company shall default in the payment of such Securities or portions thereof at the redemption price, together with interest accrued thereon to said datethe date fixed for redemption) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrue, and such Securities and portions of Securities shall be deemed not to be outstanding hereunder and shall not be entitled to any benefit under this Indenture except to receive payment of the redemption price, together with accrued interest thereon to the date fixed for redemption. On presentation and surrender of such Securities on or after said date at a said place of payment specified in said noticenotice specified, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together (subject to the right of the holder on the record date if such redemption date is an interest payment date) with interest accrued thereon to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption. Upon presentation and surrender of any Security of any series which is to be redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to the holder thereof, at the expense of the Company, a new Security or Securities of such the same series of authorized denominations, denominations in principal amount equal to the unredeemed portion of the Security so presentedsurrendered.

Appears in 1 contract

Sources: Indenture (Consolidated Edison Co of New York Inc)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section 14.04above provided, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 6.05 and 11.04, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a place of payment specified in said notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption; provided that any semiannual payment of interest becoming due on the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver date subject to the holder thereof, at the expense terms and provisions of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.Section 2.03

Appears in 1 contract

Sources: Indenture (Southwest Airlines Co)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section 14.04above provided, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company Issuer shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrueaccrue and such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under the Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a place of payment specified in said notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company Issuer at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption; provided that any payment of interest becoming due on or before the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders Holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to the holder thereof, at the expense of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.61

Appears in 1 contract

Sources: Indenture (Comcast Corp)

Payment of Securities Called for Redemption. If notice ------------------------------------------- of redemption has been given as provided in Section 14.02 3.02 or Section 14.043.05, the Securities or portions of Securities of the series with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with any interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company shall default in the payment of such Securities at the redemption priceor portions of such Securities, together with any interest accrued to said date) any interest on the Securities of such series or portions of Securities of any such series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a place of payment specified in said noticenotice specified, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with any interest accrued thereon to the date fixed for redemption; provided, however, that any -------- ------- semi-annual instalment of interest becoming due on or prior to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price)date according to their terms. Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to the holder thereof, at the expense of the Company, a new Security or Securities of such series the same series, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presented.

Appears in 1 contract

Sources: Indenture Agreement (General Electric Capital Corp)

Payment of Securities Called for Redemption. (a) When Securities Called for Redemption become Due and ------------------------------------------------------------ Payable. If the giving of notice of redemption has shall have been given completed as provided in Section 14.02 or Section 14.04------- above provided, the Securities or portions of Securities of the series with respect to which be redeemed specified in such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with with, subject to the Company Order or supplemental indenture hereto establishing the terms of such series of Securities, interest accrued to the date fixed for redemption (unless and interest on such date is an interest payment date, in which case such accrued interest Securities or portions of Securities shall be paid cease to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price), and accrue on and after said the date (fixed for redemption, unless the Company shall default in the payment of such Securities at the redemption price, together price and accrued interest with interest accrued respect to said date) interest on the Securities any such Security or portions of Securities of any series so called for redemption shall cease to accrueportion thereof. On presentation and surrender of such Securities on or after the date fixed for redemption at a the place of payment specified in said the notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceprice for such series, together with with, subject to the Company Order or supplemental indenture hereto establishing the terms of such series of Securities, interest accrued thereon to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to the holder thereof, at the expense of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presentedredemption.

Appears in 1 contract

Sources: Indenture (Telephone & Data Systems Inc /De/)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section 14.04above provided, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become due and payable on the date Redemption Date and at the place or places stated in such notice at the applicable redemption priceRedemption Price, together with any interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)Redemption Date, and on and after said date Redemption Date (unless the Company shall default in the payment of such Securities at the redemption priceapplicable Redemption Price, together with any interest accrued to said dateRedemption Date) any interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a place of payment specified in said noticesuch notice specified, the said such Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with any interest accrued thereon to the date fixed applicable Redemption Date (except as otherwise specified as contemplated by Section 3.01 for redemption (unless the Securities of such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption priceseries). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to or on the holder order of the Holder thereof, at the expense of the Company, a new Security or Securities of such series series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security Securities so presented.

Appears in 1 contract

Sources: Senior Notes Indenture (First Niagara Financial Group Inc)

Payment of Securities Called for Redemption. (a) Section 14.05 of the Indenture shall be disregarded in its entirety and shall not apply to the Securities covered by this First Supplemental Indenture. All references in the Indenture to Section 14.05 are hereby deemed to apply to this Section 3.05. (b) If the giving of notice of redemption has shall have been given completed as provided in Section 14.02 or Section 14.04above provided, the Securities or portions of Securities of the series with respect to which be redeemed specified in such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption priceRedemption Price or Special Event Redemption Price, together with as applicable, and interest accrued on such Securities or portions of Securities shall cease to accrue on and after the date fixed for redemption (unless such date is an interest payment dateredemption, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price), and on and after said date (unless the Company shall default in the payment of such Securities at the redemption priceRedemption Price or Special Event Redemption Price, together as applicable, with interest accrued respect to said date) interest on the Securities any such Security or portions of Securities of any series so called for redemption shall cease to accrueportion thereof. On presentation and surrender of such Securities on or after the date fixed for redemption at a the place of payment specified in said the notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the Redemption Price or Special Event Redemption Price, as applicable redemption price, together with interest accrued thereon to (but if the date fixed for redemption (unless is an Interest Payment Date, the interest installment payable on such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders registered holder at the close of record business on the relevant applicable record date, and no such accrued interest shall be paid with the redemption pricedate pursuant to Section 3.03 hereof). . (c) Upon presentation of any Security of any series that is to be redeemed in part only, the Company shall execute and the Trustee shall authenticate and the office or agency where the Security is presented shall deliver to the holder thereof, at the expense of the Company, a new Security or Securities of such series of authorized denominations, denomination in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 1 contract

Sources: First Supplemental Indenture (R&g Financial Corp)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section 14.04above provided, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company Issuer shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 5.05 and 9.04, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a place of payment specified in said notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company Issuer at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption; provided that any semiannual payment of interest becoming due on the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to the holder thereof, at the expense of the Company, a new Security or Securities Holders of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.Securities registered as

Appears in 1 contract

Sources: Indenture (E Trade Group Inc)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 3.02 or Section 14.043.05, the Securities or portions of Securities of the series with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with any interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company shall default in the payment of such Securities at the redemption priceor portions of such Securities, together with any interest accrued to said date) any interest on the Securities of such series or portions of Securities of any such series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a place of payment specified in said noticenotice specified, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with any interest accrued thereon to the date fixed for redemption; provided, however, that any regularly scheduled installment of interest becoming due on or prior to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price)date according to their terms. Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to the holder thereof, at the expense of the Company, a new Security or Securities of such series the same series, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presented.

Appears in 1 contract

Sources: Indenture (Hecla Mining Co/De/)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section 14.04above provided, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said such date (unless the Company shall default in the payment of such Securities at the redemption price, together with interest accrued to said such date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrue, and such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a place of payment specified in said notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption; provided that payment of interest becoming due on or prior to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders Holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver date subject to the holder thereof, at the expense terms and provisions of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presentedSections 2.04 and 2.12 hereof.

Appears in 1 contract

Sources: Indenture (Becton Dickinson & Co)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 or Section 14.04above provided, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 5.05 and 11.06, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a place of payment Payment Office specified in said notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption; provided that any semi-annual payment of interest becoming due on the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver Interest Record Date subject to the holder thereof, at the expense terms and provisions of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presentedSection 2.04 hereof.

Appears in 1 contract

Sources: Indenture (Home Depot Inc)

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided and the Company has deposited, on or before the Redemption Date, with the Trustee (and/or having irrevocably directed the Trustee to apply, from money held by it available to be used for the redemption of Securities) an amount in Section 14.02 or Section 14.04cash sufficient to redeem all of the Securities to be redeemed, the Securities or portions of Securities of the series with respect to which specified in such notice has been given shall become due and payable on the date Redemption Date, and at the place or places stated in such notice at the applicable redemption priceRedemption Price, together with any interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)Redemption Date, and on and after said date (unless the Company shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) Redemption Date -80- any interest on the Securities or portions portion of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a place Place of payment specified Payment in said noticesuch notice specified, the said such Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with any interest accrued thereon to the date fixed for redemption (unless applicable Redemption Date, except that if such date Redemption Date is an interest payment dateInterest Payment Date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)as provided in Section 3.8. Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver make available for delivery to or on the holder order of the Holder thereof, at the expense of the Company, a new Security or Securities of such series series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 1 contract

Sources: Indenture (Idaho Power Co)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 3.02 or Section 14.043.05 (and any condition to such redemption has been satisfied), the Securities or portions of Securities of the series with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, together with any interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said such date (unless the Company shall default in the payment of such Securities at the redemption priceor portions of such Securities, together with any interest accrued to said such date) any interest on the Securities of such series or portions of Securities of any such series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a place of payment specified in said noticesuch notice specified, the said such Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with any interest accrued thereon to the date fixed for redemption; provided, however, that any regularly scheduled installment of interest becoming due on or prior to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid payable to the holders of record such Securities registered as such on the relevant record date, and no such accrued interest shall be paid with the redemption price)date according to their terms. Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to the holder thereof, at the expense of the Company, a new Security or Securities of such series the same series, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presented.

Appears in 1 contract

Sources: Indenture (Pico Holdings Inc /New)

Payment of Securities Called for Redemption. If notice of redemption has been given as provided in Section 14.02 16.02 or Section 14.0416.04, the Securities or portions of Securities of the series with respect to which such notice has been given shall become due and payable on the date and at the place or places stated in such notice at the applicable redemption price, 97 together with interest accrued to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption, and on and after said date (unless the Company shall default in the payment of such Securities at the redemption price, together with interest accrued to said date) interest on the Securities or portions of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a place of payment specified in said notice, the said Securities or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to the date fixed for redemption (unless such date is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price)redemption. Upon presentation of any Security of any series redeemed in part only, the Company shall execute and the Trustee shall authenticate and deliver to the holder thereof, at the expense of the Company, a new Security or Securities of such series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 1 contract

Sources: Indenture (Masco Corp /De/)