Redemption Generally Sample Clauses
The 'Redemption Generally' clause defines the terms and conditions under which a party, typically an issuer or company, can repurchase or redeem securities such as shares or bonds from holders before their maturity or expiration. This clause outlines the procedures for initiating redemption, any notice requirements, the price or formula for determining the redemption amount, and any limitations or restrictions on when redemption can occur. For example, it may specify that shares can be redeemed at the company's discretion after a certain date or upon the occurrence of specific events. The core function of this clause is to provide a clear framework for redemption rights and obligations, thereby offering flexibility to the issuer and transparency to investors regarding how and when securities may be redeemed.
Redemption Generally. Each Series A Limited Partner or other Holder of Series A Preferred Units covenants and agrees with the General Partner that all Partnership Units delivered for redemption shall be delivered to the Partnership free and clear of all liens and, notwithstanding anything herein contained to the contrary, the Partnership shall not be under any obligation to acquire Partnership Units which are or may be subject to any liens. Each Series A Limited Partner and other Holder of Series A Preferred Units further agrees that, in the event any state or local property transfer tax is payable as a result of the transfer of its Partnership Units to the Partnership, such Series A Limited Partner or Holder shall assume and pay such transfer tax.
Redemption Generally. Each Series 1 CPOP Limited Partner or other Holder of Series 1 CPOP Units covenants and agrees with the General Partner that all Partnership Units delivered for redemption shall be delivered to the Partnership free and clear of all liens and, notwithstanding anything herein contained to the contrary, the Partnership shall not be under any obligation to acquire Partnership Units which are or may be subject to any liens. Each Series 1 CPOP Limited Partner and other Holder of Series 1 CPOP Units further agrees that, in the event any state or local property transfer tax is payable as a result of the transfer of its Partnership Units to the Partnership, such Series 1 CPOP Limited Partner or Holder shall assume and pay such transfer tax.
Redemption Generally. The Redemption Prices of Notes to be redeemed will be calculated on the “Actual/360 Day” count. Except as otherwise provided in the foregoing clause (b), notice of redemption of the Notes will be given as provided in Section 4.4 of the Indenture or otherwise transmitted in accordance with applicable procedures of Euroclear and Clearstream. Unless the Company defaults in the payment of the Redemption Price, on and after the applicable Redemption Date, interest will cease to accrue on the Notes or portions of the Notes called for redemption. The Company will deposit with the Paying Agent funds sufficient to pay the Redemption Price of, and accrued and unpaid interest on, such Notes to be redeemed on the applicable Redemption Date in accordance with Section 4.5 of the Original Indenture.
Redemption Generally. The Redemption Prices of Notes to be redeemed will be calculated assuming a 360-day year consisting of twelve 30-day months. Notice of redemption shall be given by first-class mail, postage prepaid, mailed not less than 15 days nor more than 60 days prior to the Redemption Date, to each Holder of Securities to be redeemed, at such Holder’s current address appearing in the Security Register. Notice of redemption of the Notes will be given as provided in Section 4.4 of the Original Indenture otherwise. Unless the Company defaults in the payment of the Redemption Price, on and after the applicable Redemption Date, interest will cease to accrue on the Notes or portions of the Notes called for redemption.
Redemption Generally. The Company will, or will cause the Trustee on the Company’s behalf to, mail notice of a redemption to Holders of the Notes to be redeemed by first-class mail (or otherwise transmit in accordance with applicable procedures of Euroclear and Clearstream) at least 30 and not more than 60 days prior to the date fixed for redemption. Unless the Company defaults in the payment of the Redemption Price, on and after the applicable Redemption Date, interest will cease to accrue on the Notes or portions thereof called for redemption. On or before the Redemption Date, the Company will deposit with the Paying Agent or set aside, segregate and hold in trust (if the Company is acting as Paying Agent), funds sufficient to pay the Redemption Price of, and accrued and unpaid interest on, such Notes to be redeemed on the applicable Redemption Date in accordance with Section 4.5 of the Original Indenture. If fewer than all of the Notes are to be redeemed, the Trustee will select, not more than 60 days prior to the Redemption Date, the particular Notes or portions thereof for redemption from the outstanding Notes not previously called by such method as the Trustee deems fair and appropriate in its sole judgment and in accordance with the applicable procedures of Euroclear and Clearstream; provided, however, that no Notes of a principal amount of €100,000 or less shall be redeemed in part.
Redemption Generally. 156 Section 11.02 Applicability of Article..............................
Redemption Generally. No redemption of the Notes shall be made, except to the extent and in the manner provided in this Agreement.
Redemption Generally. 11 Section 3.2. Special Redemption from Unexpended Amounts in the Loan Account 11
Redemption Generally. (i) Subject to any restrictions, conditions and requirements imposed or established by the General Partner in connection with the issuance of Class C Units from time to time, each holder of a Class C Unit will have the same Redemption Right as the holder of a Class A Unit, subject to the same terms, conditions and restrictions; provided, however, that the “Redemption Amount” (and corresponding Cash Amount and Shares Amount) for a Class C Unit shall not be those applicable to Class A Units. Instead, the Redemption Amount (and corresponding Cash Amount and Shares Amount) for a Class C Unit shall be as follows:
(ii) The Cash Amount for any given Class C Unit (the “Class C Unit Cash Amount”) will equal the dollar amount established by the General Partner for such Class C Unit at the time the General Partner authorizes the issuance of the Class C Unit. The Class C Unit Cash Amount of any given Class C Unit may be different than the Class C Unit Cash Amount of any other Class C Unit.
(iii) The Shares Amount for any given Class C Unit (the “Class C Unit Shares Amount”) shall mean a number of Shares equal to the quotient of the Class C Unit Cash Amount for such Class C Unit divided by the Value on the Valuation Date. When used with reference to Class C Units, the term “Shares” refers to the same common shares of beneficial interest to which the term “Shares” refers when such term is used with reference to Class A Units.
Redemption Generally. 20 3.02. SELECTION OF NOTES TO BE REDEEMED . . . . . . . . . . . . . . . . . . 20 3.03. NOTICE OF REDEMPTION OR PURCHASE. . . . . . . . . . . . . . . . . . . 20 3.04. EFFECT OF NOTICE OR EXERCISE OF RIGHTS. . . . . . . . . . . . . . . . 22 3.05. DEPOSIT OF REDEMPTION OR PURCHASE PRICE . . . . . . . . . . . . . . . 22 3.06. NOTES REDEEMED OR PURCHASED IN PART . . . . . . . . . . . . . . . . . 22 3.07.