Selection by Trustee of Notes to Be Redeemed. If less than all the Notes are to be redeemed, the particular Notes to be redeemed shall be selected by the Trustee, from the Outstanding Notes not previously called for redemption, in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not listed, then on a pro rata basis (or, in the case of Global Notes, the Trustee will select Notes for redemption based on DTC’s method that most nearly approximates a pro rata selection), by lot or by such other method as the Trustee, in its sole discretion, shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of any Notes, provided that the unredeemed portion of the principal amount of any Note shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such Note. For all purposes of the Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.
Appears in 5 contracts
Sources: Tenth Supplemental Indenture (Concho Resources Inc), Seventh Supplemental Indenture (Concho Resources Inc), Sixth Supplemental Indenture (Concho Resources Inc)
Selection by Trustee of Notes to Be Redeemed. If less than all the Notes are to be redeemed, the particular Notes to be redeemed shall be selected by the Trustee, from the Outstanding Notes not previously called for redemption, in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not listed, then on a pro rata basis (or, in the case of Global Notes, the Trustee Notes will select Notes be selected for redemption based on using the method prescribed by DTC’s method that most nearly approximates a pro rata selection), by lot or by such other method as the Trustee, in its sole discretion, shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of any Notes, provided that the unredeemed portion of the principal amount of any Note shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such Note. For all purposes of the Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.
Appears in 3 contracts
Sources: Seventeenth Supplemental Indenture (Concho Resources Inc), Fifteenth Supplemental Indenture (Concho Resources Inc), Supplemental Indenture (Concho Resources Inc)
Selection by Trustee of Notes to Be Redeemed. If less than all of the Notes are to be redeemedredeemed at any time, the Trustee will select the particular Notes or portions (equal to be redeemed shall be selected by U.S. $1,000 or any integral multiple thereof) as follows:
(a) if the Trustee, from the Outstanding Notes not previously called for redemptionare listed on one or more securities exchanges, in compliance with the requirements of the principal national securities exchangerequirements, if any, of the principal securities exchange on which the Notes are listed (as set forth in an Officers’ Certificate delivered by the Company to the Trustee); or,
(b) if the Notes are not listedso listed or if such requirements are not so certified, then on a pro rata basis (or, in the case of Global Notes, the Trustee will select Notes for redemption based on DTC’s method that most nearly approximates a pro rata selection)basis, by lot or by such other method as the TrusteeTrustee deems fair and appropriate. The Trustee shall promptly notify the Company and each Registrar in writing of the Notes selected for redemption and, in its sole discretionthe case of any Notes selected for partial redemption, shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of any Notes, provided that the unredeemed portion of the principal amount of any Note shall thereof to be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such Noteredeemed. For all purposes of the this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.
Appears in 3 contracts
Sources: Indenture (Edenor), Indenture (Edenor), Indenture (Edenor)
Selection by Trustee of Notes to Be Redeemed. If In the event that less than all of the Notes are to be redeemedredeemed at any time pursuant to a redemption, the particular selection of such Notes to for redemption will be redeemed shall be selected made by the Trustee, from the Outstanding Notes not previously called for redemption, Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not listedthen listed on a national securities exchange, then on a pro rata basis (or, in the case of Global Notes, the Trustee will select Notes for redemption based on DTC’s method that most nearly approximates a pro rata selection)basis, by lot or by such other method as the Trustee, in its sole discretion, Trustee shall deem fair and appropriate and which may provide for the selection for redemption appropriate; provided, however, that no Notes of a portion of the principal amount of any Notes$1,000 or less shall be redeemed in part; provided, provided further, that if a partial redemption is made with the unredeemed portion net cash proceeds of an Equity Offering, selection of the principal amount of any Note Notes or portions thereof for redemption shall be in an authorized denomination made by the Trustee on a pro rata basis or on as nearly a pro rata basis as is practicable (which shall not be less than subject to the minimum authorized denominationprocedures of The Depository Trust Company) for or by lot, unless such Notemethod is otherwise prohibited. For all purposes of the Indenture, this Indenture unless the context otherwise requires, all provisions relating of this Indenture that apply to the Notes called for redemption also apply to portions of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemedcalled for redemption.
Appears in 2 contracts
Sources: Indenture (Language Line Costa Rica, LLC), Indenture (Atlantic Broadband Management, LLC)
Selection by Trustee of Notes to Be Redeemed. If less than all the Notes are to be redeemed, the particular Notes to be redeemed shall be selected by the Trustee, from the Outstanding Notes not previously called for redemption, in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not listed, then on a pro rata basis (or, in the case of Global Notes, the Trustee will select Notes for redemption based on DTC’s method that most nearly approximates a pro rata selection)basis, by lot or by such other method as the Trustee, in its sole discretion, shall deem fair and appropriate (or, in the case of Global Notes, Notes will be selected for redemption using the method prescribed by DTC), and which may provide for the selection for redemption of a portion of the principal amount of any Notes, provided that the unredeemed portion of the principal amount of any Note shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such Note. For all purposes of the Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.
Appears in 2 contracts
Sources: Twelfth Supplemental Indenture (Concho Resources Inc), Thirteenth Supplemental Indenture (Concho Resources Inc)
Selection by Trustee of Notes to Be Redeemed. (a) If less than all the Notes of a series are to be redeemed, the particular Notes to be redeemed shall be selected by the Trustee, from the Outstanding outstanding Notes of such series not previously called for redemption, in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not listed, then on a pro rata basis (basis—or, in with respect to the case of Global Notes, 2027 Notes and the Trustee will select 2047 Notes for redemption based on DTC’s method that most nearly approximates a pro rata selection)only, by lot or by such other method as the Trustee, in its sole discretion, shall deem fair and appropriate appropriate—(or, in the case of Global Notes, Notes will be selected for redemption using the method prescribed by DTC), and which may provide for the selection for redemption of a portion of the principal amount of any Notes, provided that the unredeemed portion of the principal amount of any Note shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such Note. .
(b) For all purposes of the Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.
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Selection by Trustee of Notes to Be Redeemed. If less than all of the Notes are to be redeemed, the particular Notes to will be redeemed shall be selected by the Trustee, from the Outstanding Notes not previously called for redemption, in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not listed, then on a pro rata basis as to the Holders, and if the Notes are represented by Global Notes held by the Depositary and such redemption is processed through the Depositary, such redemption will be made on a “Pro Rata Pass-Through Distribution of Principal” basis in accordance with the procedures of the Depositary. In the event a pro rata redemption as provided in the preceding sentence is not permitted under applicable law or applicable requirements of the Depositary, the Notes to be redeemed will be selected by lot or such method as the Trustee will deem fair and appropriate. The Trustee will promptly notify the Company and the Registrar (orif other than itself) in writing of the Notes selected for redemption and, in the case of Global Notesany Notes selected for partial redemption, the Trustee will select Notes for redemption based on DTC’s method that most nearly approximates a pro rata selection), by lot or by such other method as the Trustee, in its sole discretion, shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of any Notes, provided that the unredeemed portion of the principal amount of any Note shall thereof to be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such Noteredeemed. For all purposes of the this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall will relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.
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Selection by Trustee of Notes to Be Redeemed. If In the event that less than all of the Notes are to be redeemedredeemed at any time pursuant to a redemption, the particular selection of such Notes to for redemption will be redeemed shall be selected made by the Trustee, from the Outstanding Notes not previously called for redemption, Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not listedthen listed on a national securities exchange, then on a pro rata basis (or, in the case of Global Notes, the Trustee will select Notes for redemption based on DTC’s method that most nearly approximates a pro rata selection)basis, by lot or by such other method as the Trustee, in its sole discretion, Trustee shall deem fair and appropriate and which may provide for appropriate; provided, however, that no Notes of a principal amount at maturity of $1,000 or less shall be redeemed in part; provided, further, that if a partial redemption is made with the net cash proceeds of an Equity Offering, selection of the Notes or portions thereof for redemption of a portion of the principal amount of any Notes, provided that the unredeemed portion of the principal amount of any Note shall be in an authorized denomination made by the Trustee on a pro rata basis or on as nearly a pro rata basis as is practicable (which shall not be less than subject to the minimum authorized denominationprocedures of The Depository Trust Company) for or by lot, unless such Notemethod is otherwise prohibited. For all purposes of the Indenture, this Indenture unless the context otherwise requires, all provisions relating of this Indenture that apply to the Notes called for redemption also apply to portions of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemedcalled for redemption.
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Selection by Trustee of Notes to Be Redeemed. If less than all the Notes are to be redeemed, the particular Notes to be redeemed shall be selected by the Trustee, from the Outstanding Notes not previously called for redemption, in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not listed, then on a pro rata basis (or, in the case of Global Notes, the Trustee will select Notes for redemption based on DTC’s method that most nearly approximates a pro rata selection)basis, by lot or by such other method as the Trustee, in its sole discretion, shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of any Notes, provided that the unredeemed portion of the principal amount of any Note shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such Note. For all purposes of the Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.
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