Common use of Redemption Terms Clause in Contracts

Redemption Terms. The Debt Securities are redeemable at the option of the Operating Partnership: (a) at any time prior to December 15, 2020, in an amount equal to the sum of (i) the principal amount thereof, plus accrued and unpaid interest thereon and (ii) the Make-Whole Amount (as defined in the Indenture), if any; and (b) on or after December 15, 2020, in an amount equal to the principal amount thereof, plus accrued and unpaid interest thereon.

Appears in 1 contract

Sources: Purchase Agreement (Plum Creek Timber Co Inc)

Redemption Terms. The Debt Securities are redeemable at the option of the Operating Partnership: (a) at any time prior to December 15, 20202022, in an amount equal to the sum of (i) the principal amount thereof, plus accrued and unpaid interest thereon and (ii) the Make-Whole Amount (as defined in the Indenture), if any; and (b) on or after December 15, 20202022, in an amount equal to the principal amount thereof, plus accrued and unpaid interest thereon.

Appears in 1 contract

Sources: Purchase Agreement (Plum Creek Timber Co Inc)