Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 5 contracts
Sources: Indenture (Clearway Energy LLC), Indenture (Clearway Energy, Inc.), Indenture (Clearway Energy, Inc.)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select selection of Notes for redemption on a pro rata basis among all outstanding Notes or, if will be made by the Notes are listed on any national securities exchange, Trustee in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listed, in either caseor, unless otherwise required if the Notes are not so listed, on a pro rata basis, by law lot or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by such method as the Trustee from the outstanding shall deem fair and appropriate; provided that no Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that . Notices of redemption notices may not be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indentureconditional. If any Note is to be redeemed in part only, the notice of redemption that relates to that such Note shall state the portion of the principal amount of that Note that is thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall thereof will be issued in the name of the Holder of Notes thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 4 contracts
Sources: Supplemental Indenture (Century Parking Inc), Indenture (Nebco Evans Holding Co), Supplemental Indenture (Apcoa Inc)
Selection of Notes to Be Redeemed or Purchased. (a) If less than all of the Notes are to be redeemed pursuant to Section 3.07 or Section 3.09 or purchased in an Offer to Purchase at any time, the Trustee shall select the Notes for redemption on a pro rata basis among all outstanding Notes or, to be redeemed or purchased (1) if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed or (2) if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee in either caseits sole discretion shall deem fair and appropriate, unless otherwise required by law or depositary requirementsall in accordance with the procedures of the Depositary in the case of Global Notes. In the event of partial redemption or purchase by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 30 nor more than 60 days prior to the redemption date by the Trustee from the then outstanding Notes not previously called for redemption. redemption or purchase.
(b) The Trustee shall promptly notify the Company in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemptionredemption or purchase, the principal amount thereof to be redeemedredeemed or purchased. Notes and portions of Notes selected shall be in amounts of $2,000 1,000 or whole number multiples of $1,000 in excess 1,000; no Notes of $2,000; 2,000 or less shall be redeemed in part, except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not $2,000 or a multiple of $1,000 in excess thereof, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemption. No Notes of $2,000 redemption or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before purchase.
(c) After the redemption date to each Holder date, upon surrender of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A a new Note or Notes in principal amount equal to the unredeemed portion of the original Note Note, representing the same Indebtedness to the extent not redeemed, shall be issued in the name of the Holder of the Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for Note (or appropriate book entries shall be made to reflect such partial redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed).
Appears in 4 contracts
Sources: Indenture (New Gold Inc. /FI), Indenture, Indenture (New Gold Inc. /FI)
Selection of Notes to Be Redeemed or Purchased. If less than all of the outstanding Notes are to be redeemed at any timeor if less than all Notes tendered pursuant to an Offer are to be purchased by the Company, the Trustee Trustee, on behalf of the Company, shall select Notes for redemption on a pro rata basis among all the outstanding Notes or, if to be redeemed or purchased by the Notes are listed on any national securities exchangeCompany, in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listedlisted or, in either caseif the Notes are not listed on such an exchange the Trustee, unless otherwise required by law or depositary requirements. In on behalf of the event of partial redemption by lotCompany, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from select the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, on a pro rata basis, by lot or by any other method that the entire Trustee deems fair and appropriate or, in the event the Notes are in global form, as otherwise prescribed by DTC. Notes redeemed or purchased in part shall only be redeemed or purchased in integral multiples of $1,000. If the Company elects to mail notice of a redemption to Holders, the Trustee shall at least five days prior to the date notice of redemption is to be mailed, (i) select, on behalf of the Company, the Notes to be redeemed from Notes outstanding not previously called for redemption, and (ii) notify the Company of the names of each Holder of Notes selected for redemption, the principal amount of Notes held by each such Holder and the principal amount of such Holder’s Notes that are to be redeemed. If fewer than all Notes tendered pursuant to an Offer are to be purchased, even if not a multiple the Trustee shall, on behalf of the Company, select on or prior to the Purchase Date for such Offer the Notes to be purchased. The Trustee shall select for redemption or purchase Notes or portions of Notes in integral multiples of $1,000 shall be redeemed or purchased1,000. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or tendered pursuant to an Offer also apply to portions of Notes called for redemptionredemption or tendered pursuant to an Offer. No The Trustee shall notify the Company promptly of the Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder portions of Notes to be redeemed at called for redemption or selected for purchase. The Company shall notify the Trustee of its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance acceptance for payment of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called selected for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 3 contracts
Sources: Indenture (Gray Television Inc), Indenture (Gray Television Inc), Indenture (Gray Television Inc)
Selection of Notes to Be Redeemed or Purchased. (a) If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select Notes for redemption or purchase on a pro rata basis among all outstanding Notes basis, based on the amounts tendered or required to be prepaid or redeemed (or, if in the case of Notes are listed issued in global form pursuant to Article 2 hereof, based on any national securities exchange, in compliance with a method that most nearly approximates a pro rata selection as the requirements of the principal national securities exchange on which the Notes are listed, in either case, Trustee deems fair and appropriate) unless otherwise required by law or applicable stock exchange or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. .
(b) No Notes of $2,000 or less shall can be redeemed in part. Notices of redemption shall will be mailed by first class mail or delivered electronically at least 10 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. Notices of redemption shall not be conditional.
(c) If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall will state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall will be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them thereof called for redemption, so long as .
(d) In the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, onevent of partial redemption or purchase by lot, the particular Notes to be redeemedredeemed or purchased will be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption or purchase date by the Trustee from the outstanding Notes not previously called for redemption or purchase.
(e) The Trustee will promptly notify the Company in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemption or purchase, the principal amount thereof to be redeemed or purchased. Notes and portions of Notes selected will be in amounts of $2,000 or whole multiples of $1,000 in excess thereof; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemption or purchase.
Appears in 3 contracts
Sources: Indenture (Unisys Corp), Indenture (Unisys Corp), Indenture (Unisys Corp)
Selection of Notes to Be Redeemed or Purchased. If less than all of the outstanding Notes are to be redeemed at any timeor if less than all Notes tendered pursuant to an Offer are to be accepted for payment, the Trustee Company shall select Notes for redemption on a pro rata basis among all the outstanding Notes or, if the Notes are listed on any national securities exchange, to be redeemed or accepted for payment in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listedlisted or, if the Notes are not listed on such an exchange, on a pro rata basis, by lot or by any other method that the Trustee deems fair and appropriate; provided that Notes redeemed or accepted for payment in either case, unless otherwise required by law or depositary requirementspart shall only be purchased in integral multiples of $1,000. In If the event Company elects to mail notice of partial a redemption by lotto Holders, the particular Company shall at least five days prior to the date notice of redemption is to be mailed, (i) select the Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the Notes outstanding Notes not previously called for redemption. The Trustee shall promptly , and (ii) notify the Company in writing Trustee of the names of each Holder of Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof of Notes held by each such Holder and the principal amount of such Holder's Notes that are to be redeemed. If less than all Notes and tendered pursuant to an Offer are to be accepted for payment, the Company shall select on or prior to the Purchase Date for such Offer the Notes to be accepted for payment. The Company shall select for redemption or purchase Notes or portions of Notes selected shall be in principal amounts of $2,000 1,000 or whole integral multiples of $1,000 in excess of $2,0001,000; except that if all of the Notes of a Holder are to be redeemed selected for redemption or purchasedpurchase, the entire outstanding aggregate principal amount of the Notes held by such Holder, even if not a multiple of $1,000 shall 1,000, may be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or tendered pursuant to an Offer also apply to portions of Notes called for redemptionredemption or tendered pursuant to an Offer. No The Trustee shall notify the Company promptly of the Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder portions of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed or selected for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 3 contracts
Sources: Indenture (Young Broadcasting Inc /De/), Indenture (Young Broadcasting Inc /De/), Indenture (Young Broadcasting Inc /De/)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall will select Notes for redemption on a pro rata basis among all outstanding Notes (or, if in the case of Notes are listed issued in global form pursuant to Article 2 hereof, based on a method in accordance with DTC’s (or any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, other applicable depositary’s) procedures) unless otherwise required by law or depositary applicable stock exchange or Depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company not be liable for selections made by it in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of accordance with this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this IndentureSection 3.02.
01. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall will state the portion of the principal amount of that Note that is to be redeemed. A With respect to Notes that are held in certificated form, a new Note in principal amount equal to the unredeemed portion of the original Note shall will be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them Notes redeemed. In relation to Definitive Registered Notes, a new Note in principal amount equal to the unpurchased or unredeemed portion of any Note purchased or redeemed in part will be issued in the name of the Holder thereof upon cancellation of the original Note. On or after any purchase or redemption date, unless the Issuer defaults in payment of the purchase or redemption price, interest shall cease to accrue on Notes or portions thereof tendered for purchase or called for redemption. The Trustee will promptly notify the Issuer in writing of the Notes selected for redemption or purchase and, so long as in the Company has deposited with the Paying Agent funds sufficient to pay case of any Note selected for partial redemption or purchase, the principal of, plus accrued amount thereof to be redeemed or purchased. Notes and unpaid interest portions of Notes selected will be in principal amounts of $1,000 or whole multiples of $1,000 in excess thereof (provided that Notes of $200,000 or less may only be redeemed in whole and premium, not in part); except that if any, onall of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to be redeemedNotes called for redemption or purchase also apply to portions of Notes called for redemption or purchase.
Appears in 2 contracts
Sources: 2019 Notes Indenture (North Atlantic Drilling Ltd.), 2019 Notes Indenture (North Atlantic Drilling Ltd.)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes of a Series are to be redeemed at any time, the Trustee shall select Notes of such Series for redemption on a pro rata basis among all outstanding Notes of such Series or, if the Notes of such Series are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes of such Series are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes of such Series to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes of such Series not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes of a Series selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes of a Series selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of such Series of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes of such Series held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Supplemental Indenture that apply to Notes of such Series called for redemption also apply to portions of Notes of such Series called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes of a Series to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes of such Series or a satisfaction and discharge of this Supplemental Indenture. If any Note of a Series is to be redeemed in part only, the notice of redemption that relates to that Note of such Series shall state the portion of the principal amount of that Note of such Series that is to be redeemed. A new Note of a Series in principal amount equal to the unredeemed portion of the original Note of such Series shall be issued in the name of the Holder of Notes of such Series upon cancellation of the original NoteNote of such Series. Notes of a Series called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes of a Series or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 2 contracts
Sources: Supplemental Indenture (NRG Energy, Inc.), Supplemental Indenture (NRG Energy, Inc.)
Selection of Notes to Be Redeemed or Purchased. If less fewer than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes for redemption on a pro rata basis among all outstanding Notes or, to be redeemed or purchased (a) if the Notes are listed on any national securities exchangeexchange , in compliance with the requirements of the principal national securities exchange on which the Notes are listed, (b) by lot or such other similar method in either caseaccordance with the Applicable Procedures or (c) if the Notes are not listed on a national securities exchange or registered with DTC, unless otherwise required by law or depositary requirementson a pro rata basis. In the event of partial redemption or purchase by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 15 nor more than 60 days prior to the redemption Redemption Date by the Trustee from the outstanding Notes not previously called for redemptionredemption or purchase. The Trustee shall promptly notify the Company Issuers in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemptionredemption or purchase, the principal amount thereof to be redeemedredeemed or purchased. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess thereof; no Notes of $2,000; 2,000 or less can be redeemed in part, except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 1,000, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemptionredemption or purchase. No Notes of $2,000 In no event shall the Trustee be responsible for monitoring, or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before charged with knowledge of, the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance maximum aggregate amount of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes eligible to be redeemed.
Appears in 2 contracts
Selection of Notes to Be Redeemed or Purchased. If less fewer than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes for redemption on a pro rata basis among all outstanding Notes or, to be redeemed or purchased (a) if the Notes are listed on any national securities exchangeexchange (and the Issuer has advised the Trustee of such listing), in compliance with the requirements of the principal national securities exchange on which the Notes are listed, (b) on a pro rata basis to the extent practicable or (c) by lot or such other similar method in either case, unless otherwise required by law or depositary requirementsaccordance with the Applicable Procedures. In the event of partial redemption or purchase by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 15 nor more than 60 days prior to the redemption Redemption Date by the Trustee from the outstanding Notes not previously called for redemptionredemption or purchase. The Trustee shall promptly notify the Company Issuer in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemptionredemption or purchase, the principal amount thereof to be redeemedredeemed or purchased. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess thereof; no Notes of $2,000; 2,000 or less can be redeemed in part, except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 1,000, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemptionredemption or purchase. No Notes of $2,000 In no event shall the Trustee be responsible for monitoring, or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before charged with knowledge of, the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance maximum aggregate amount of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is eligible to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 2 contracts
Sources: Indenture (SS&C Technologies Holdings Inc), Indenture (SS&C Technologies Holdings Inc)
Selection of Notes to Be Redeemed or Purchased. If less than all of the outstanding Notes are to be redeemed at any timeor if less than all Notes tendered pursuant to an Offer are to be accepted for payment, the Trustee shall select Notes for redemption on a pro rata basis among all the outstanding Notes orto be redeemed or accepted for payment pro rata, if the Notes are listed on any national securities exchange, in compliance by lot or by a method that complies with the requirements of the principal national securities any stock exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirementslisted and that the Trustee considers fair and appropriate. In If the event Company elects to mail notice of partial a redemption by lotto Holders, the particular Trustee shall at least five Business Days prior to the date notice of redemption is to be mailed, (i) select the Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the Notes outstanding Notes not previously called for redemption. The Trustee shall promptly redemption and (ii) notify the Company in writing of the names of each Holder of Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof of Notes held by each such Holder and the principal amount of such Holder's Notes that are to be redeemed. If less than all Notes and tendered pursuant to an Offer on the Purchase Date are to be accepted for payment, the Trustee shall select on or promptly after the Purchase Date the Notes to be accepted for payment. The Trustee shall select for redemption or purchase Notes or portions of Notes selected shall be in principal amounts of $2,000 1,000 or whole integral multiples of $1,000 in excess of $2,0001,000; except that if all of the Notes of a Holder are to be redeemed selected for redemption or purchasedpurchase, the entire outstanding aggregate principal amount of the Notes held by such Holder, even if not a multiple of $1,000 1,000, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or tendered pursuant to an Offer also apply to portions of Notes called for redemptionredemption or tendered pursuant to an Offer. No The Trustee shall notify the Company promptly of the Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder portions of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed or selected for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 2 contracts
Sources: Indenture (Gfsi Inc), Indenture (Gfsi Inc)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall (or Registrar if other than the Trustee) will select the Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listed, as certified in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior writing to the redemption Trustee by the Trustee from Company, and in compliance with the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing requirements of DTC, or if the Notes selected for redemption andare not so listed or such exchange prescribes no method of selection and the Notes are not held through DTC or DTC prescribes no method of selection, in the case of any on a pro rata basis; provided, however, that no Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding aggregate principal amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is thereof to be redeemed. A new Note , in principal amount equal to the unredeemed which case a portion of the original Note shall will be issued in the name of the Holder of Notes thereof upon cancellation of the original Note. In the case of a Global Note, an appropriate notation will be made on such Note to decrease the principal amount thereof to an amount equal to the unredeemed portion thereof. Subject to the terms of the applicable redemption notice (including any conditions contained therein), Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, unless the Company defaults in the payment of the redemption price, interest ceases to accrue on Notes or portions of them called for redemption, so long as . The Trustee will promptly notify the Company has deposited with in writing of the Paying Agent funds sufficient to pay Notes selected for redemption or purchase and, in the case of any Note selected for partial redemption or purchase, the principal of, plus accrued amount thereof to be redeemed or purchased. Notes and unpaid interest and premium, portions of Notes selected will be in minimum denominations of $2,000 or whole multiples of $1,000 in excess thereof; except that if any, onall of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to be redeemedNotes called for redemption or purchase also apply to portions of Notes called for redemption or purchase.
Appears in 2 contracts
Sources: Indenture (Urban One, Inc.), Indenture (Urban One, Inc.)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall (or Registrar if other than the Trustee) will select the Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listed, as certified in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior writing to the redemption Trustee by the Trustee from Company, and in compliance with the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing requirements of DTC, or if the Notes selected for redemption andare not so listed or such exchange prescribes no method of selection and the Notes are not held through DTC or DTC prescribes no method of selection, in the case of any on a pro rata basis; provided, however, that no Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding aggregate principal amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is thereof to be redeemed. A new Note , in principal amount equal to the unredeemed which case a portion of the original Note shall will be issued in the name of the Holder of Notes thereof upon cancellation of the original Note. In the case of a Global Note, an appropriate notation will be made on such Note to decrease the principal amount thereof to an amount equal to the unredeemed portion thereof. Subject to the terms of the applicable redemption notice (including any conditions contained therein), Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, unless the Company defaults in the payment of the redemption price, interest ceases to accrue on Notes or portions of them called for redemption, so long as . The Trustee will promptly notify the Company has deposited with in writing of the Paying Agent funds sufficient to pay Notes selected for redemption or purchase and, in the case of any Note selected for partial redemption or purchase, the principal of, plus accrued amount thereof to be redeemed or purchased. Notes and unpaid interest and premium, portions of Notes selected will be in amounts of $2,000 or whole multiples of $1,000 in excess thereof; except that if any, onall of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to be redeemedNotes called for redemption or purchase also apply to portions of Notes called for redemption or purchase.
Appears in 2 contracts
Sources: Indenture (Radio One, Inc.), Indenture (Radio One, Inc.)
Selection of Notes to Be Redeemed or Purchased. If less than all of the outstanding Notes are to be redeemed at any timeor if less than all Notes tendered pursuant to an Offer are to be purchased by the Company, the Trustee Trustee, on behalf of the Company, shall select Notes for redemption on a pro rata basis among all the outstanding Notes or, if to be redeemed or purchased by the Notes are listed on any national securities exchangeCompany, in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listedlisted or, in either caseif the Notes are not listed on such an exchange the Trustee, unless otherwise required by law or depositary requirements. In on behalf of the event of partial redemption by lotCompany, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from select the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, on a pro rata basis, by lot or by any other method that the entire Trustee deems fair and appropriate; provided that a redemption pursuant to the provisions relating to Public Equity Offerings will be on a pro rata basis. Notes redeemed or purchased in part shall only be redeemed or purchased in integral multiples of $1,000. If the Company elects to mail notice of a redemption to Holders, the Trustee shall at least five days prior to the date notice of redemption is to be mailed, (i) select, on behalf of the Company, the Notes to be redeemed from Notes outstanding not previously called for redemption, and (ii) notify the Company of the names of each Holder of Notes selected for redemption, the principal amount of Notes held by each such Holder and the principal amount of such Holder’s Notes that are to be redeemed. If fewer than all Notes tendered pursuant to an Offer are to be purchased, even if not a multiple the Trustee shall, on behalf of the Company, select on or prior to the Purchase Date for such Offer the Notes to be purchased. The Trustee shall select for redemption or purchase Notes or portions of Notes in integral multiples of $1,000 shall be redeemed or purchased1,000. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or tendered pursuant to an Offer also apply to portions of Notes called for redemptionredemption or tendered pursuant to an Offer. No The Trustee shall notify the Company promptly of the Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder portions of Notes to be redeemed at called for redemption or selected for purchase. The Company shall notify the Trustee of its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance acceptance for payment of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called selected for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 2 contracts
Sources: Indenture (Gray Television Inc), Indenture (Gray Television Inc)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 15 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Supplemental Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 15 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Supplemental Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 2 contracts
Sources: Third Supplemental Indenture (NRG Energy, Inc.), Supplemental Indenture (NRG Energy, Inc.)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law law, applicable stock exchange requirements or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 15 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically in accordance with the Applicable Procedures at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 2 contracts
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any timepursuant to Section 5.7 or purchased in an Asset Disposition Offer pursuant to Section 3.5 or a redemption pursuant to Section 5.6, the Trustee shall select Notes for redemption or purchase (a) if the Notes are in global form, by lot or on a pro rata basis among all outstanding or such similar method in accordance with the procedures of DTC and (b) if the Notes orare in definitive form, by lot or on a pro rata basis (subject to adjustments to maintain the authorized Notes denomination requirements) except:
(1) if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless ; or
(2) if otherwise required by law law. No Notes in an unauthorized denomination or depositary requirementsof $2,000 in aggregate principal amount or less shall be redeemed in part. In the event of partial redemption by lotredemption, the particular Notes to be redeemed or purchased shall will be selected, unless otherwise provided herein, not less than 10 15 days nor more than 60 days prior to the redemption or purchase date by the Trustee from the outstanding Notes not previously called for redemption or purchase; provided that the Company shall provide the Trustee with sufficient notice of such partial redemption to enable the Trustee to select the Notes for partial redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemptionredemption or purchase, the principal amount thereof to be redeemedredeemed or purchased. Notes and portions of Notes selected shall will be in minimum principal amounts of $2,000 or whole multiples of $1,000 in excess of $2,000thereof; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 in excess thereof, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemption. No Notes of $2,000 redemption or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Sources: Indenture (Diversey Holdings, Ltd.)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, to be redeemed or purchased among the Holders of the Notes in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listed or, if the Notes are not so listed, in either case, unless otherwise required by law or depositary requirementson a pro rata basis. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. If Notes selected for redemption are tendered in connection with the exercise of such Notes' Attached Warrants, the Trustee shall select Notes to be redeemed or purchased in replacement of such tendered Notes from the remaining Notes outstanding by any of the above-described methods. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 1,000 or whole multiples of $1,000 in excess of $2,0001,000; except that if all of the Notes of a Holder are to be redeemed or purchasedredeemed, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 1,000, shall be redeemed or purchasedredeemed. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less The Trustee shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before notify the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance Company promptly of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Sources: Indenture (Allegheny Energy Inc)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select Notes for redemption or purchase on a pro rata basis among all outstanding Notes or, if to the Notes are listed on any national securities exchange, extent practicable or pursuant to another method in compliance accordance with the requirements procedures of the principal national securities exchange on which the Notes are listed, in either caseDepositary, unless otherwise required by law or depositary applicable stock exchange requirements. In the event No Notes of partial redemption by lot, the particular Notes to a principal amount of US$200,000 or less can be redeemed or purchased shall be selectedin part, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding and if Notes not previously called for redemption. The Trustee shall promptly notify the Company are redeemed or purchased in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemptionpart, the principal remaining outstanding amount thereof must be at least equal to be redeemed. Notes US$200,000 and portions of Notes selected shall be in amounts of $2,000 or whole integral multiples of $US$1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in partthereof. Notices of redemption shall will be mailed by first class mail or delivered electronically at least 10 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a the satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall will state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them Notes called for redemption, so long as . In the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, onevent of partial redemption or purchase by lot, the particular Notes to be redeemedredeemed or purchased will be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption or purchase date by the Trustee from the outstanding Notes not previously called for redemption or purchase. A new Note in principal amount equal to the unredeemed portion of the original Note will be issued in the name of the Holder upon cancellation of the original Note. The Trustee will as soon as reasonably practicable notify the Company in writing of the Notes selected for redemption or purchase and, in the integral of any Note selected for partial redemption or purchase, the principal amount thereof to be redeemed or purchased. Notes and portions of Notes selected will be in amounts of US$200,000 or integral multiples of US$1,000 in excess thereof; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemption or purchase.
Appears in 1 contract
Sources: Indenture (Azure Power Global LTD)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 30 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Sources: Indenture (NRG Yield, Inc.)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes of a series are to be redeemed at any time, the Trustee shall select Notes of such series for redemption on a pro rata basis among all outstanding Notes of such series or, if the Notes of such series are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes of such series are listed, in either case, unless otherwise required by law law, applicable stock exchange requirements or depositary requirements. In the event of partial redemption by lot, the particular Notes of such series to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 15 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes of such series not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes of such series selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes of a series selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of such series of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes of such series held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes of such series called for redemption also apply to portions of Notes of such series called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes of a series to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes of such series or a satisfaction and discharge of this Indenture. If any Note of a series is to be redeemed in part only, the notice of redemption that relates to that Note of such series shall state the portion of the principal amount of that Note of such series that is to be redeemed. A new Note of a series in principal amount equal to the unredeemed portion of the original Note of such series shall be issued in the name of the Holder of Notes of such series upon cancellation of the original NoteNote of such series. Notes of a series called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes of a series or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Sources: Indenture (Aes Corp)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select selection of Notes for redemption on a pro rata basis among all outstanding Notes or, if will be made by the Notes are listed on any national securities exchange, Trustee in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listed, in either caseor, unless otherwise required if the Notes are not so listed, on a pro rata basis, by law lot or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by such method as the Trustee from the outstanding shall deem fair and appropriate; provided that no Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that . Notices of redemption notices may not be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indentureconditional. If any Note is to be redeemed in part only, the notice of redemption that relates to that such Note shall state the portion of the principal amount of that Note that is thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall thereof will be issued in the name of the Holder of Notes thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest and Liquidated Damages ceases to accrue on Notes or portions of them called for redemption, so long as redemption unless the Company has deposited with defaults in making the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedredemption payment.
Appears in 1 contract
Sources: Indenture (Crew J Operating Corp)
Selection of Notes to Be Redeemed or Purchased. If In the event that less than all of the Notes are to be purchased in an Asset Sale Offer or redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, to be redeemed or purchased among the Holders of the Notes in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listed, or, if the Notes are not so listed, on a pro rata basis, by lot or by such method as the Trustee shall deem fair and appropriate (and in either casesuch manner as complies with applicable legal requirements). The Company shall give written notice to the Trustee of such requirements of any securities exchange not less than forty-five (45) nor more than ninety (90) days prior to the date on which notice of such redemption or purchase is to be given. In the event a partial redemption is made with the proceeds of a public offering by the Company of common equity securities, selection of the Notes or portions thereof for redemption shall be made by the Trustee only on a pro rata basis or on as nearly a pro rata basis as practicable (subject to procedures of the Depositary), unless such method is otherwise required by law or depositary requirementsprohibited. In the event of partial redemption by lotredemption, other than pro rata, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. In the event that less than all of the Notes properly tendered in an Asset Sale Offer are to be purchased, the particular Notes to be purchased shall be selected promptly upon the expiration of such Asset Sale Offer. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemptionredemption or purchase, the principal amount thereof to be redeemedredeemed or purchased. Notes and portions of Notes them selected shall be in principal amounts of $2,000 1,000 or whole multiples of $1,000 in excess of $2,0001,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding principal amount of Notes held by such Holder, even if not a multiple of $1,000 Holder shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes In the event the Company is required to make an Asset Sale Offer pursuant to Section 3.9 and Section 4.10 hereof, and the amount of $2,000 or less shall Excess Proceeds to be redeemed applied to such purchase would result in part. Notices the purchase of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder a principal amount of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice which is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part onlynot evenly divisible by $1,000, the notice of redemption that relates Trustee shall promptly refund to that Note shall state the Company the portion of such Excess Proceeds that is not necessary to purchase the immediately lesser principal amount of that Note Notes that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemeddivisible.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall or the Registrar will select Notes for redemption on a pro rata basis among all outstanding Notes or, or purchase as follows:
(a) if the applicable Notes are listed on any national securities exchangeexchange (including the Luxembourg Stock Exchange), in compliance with the requirements of the principal national securities exchange on which they are listed, as certified to the Trustee and the Registrar by the Issuer and in compliance with the requirements of Euroclear and/or Clearstream; or
(b) if the applicable Notes are not listed on any national securities exchange or the relevant national securities exchange does not have any applicable requirements and the Notes are listednot held through Euroclear and/or Clearstream or Euroclear and/or Clearstream prescribes no method of selection, in either caseon a pro rata basis or a method which most nearly approximates pro rata, unless otherwise required by law or depositary requirementsas the Trustee deems appropriate. In the event of partial redemption by lotor purchase, the particular Notes to be redeemed or purchased shall will be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption or purchase date by the Trustee from the outstanding Notes not previously called for redemptionredemption or purchase. The Trustee shall promptly notify the Company Issuer and the Registrar (if not the Issuer) in writing of the Notes selected for redemption or purchase and, in the case of any Note Notes selected for partial redemptionredemption or purchase, the principal amount thereof to be redeemedredeemed or purchased. Notes and portions of Notes selected shall will be in minimum amounts of $2,000 or whole £100,000 and integral multiples of $£1,000 in excess of $2,000; thereof, except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $£1,000 (in excess of £100,000), shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemptionredemption or purchase. No Notes of $2,000 or less Neither the Trustee nor the Registrar shall be redeemed in part. Notices of redemption shall be mailed liable for selections made by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of it under this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedSection 3.02.
Appears in 1 contract
Sources: Indenture (Encore Capital Group Inc)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall will select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary applicable stock exchange requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 [e]1,000 or less shall can be redeemed in part. Notices of redemption shall will be mailed by first class mail or delivered electronically at least 10 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall will state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall will be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them Notes called for redemption. For Notes which are represented by global certificates held on behalf of Euroclear or Clearstream Banking, so notices may be given by delivery of the relevant notices to Euroclear or Clearstream Banking for communication to entitled account holders in substitution for the aforesaid publication. So long as any Notes are listed on the Company has deposited Luxembourg Stock Exchange and its rules so require, any such notice to the holders of the relevant Notes shall also be published in a newspaper having a general circulation in Luxembourg (which is expected to be the Luxemburger Wort) and, in connection with any redemption, the Paying Agent funds sufficient to pay Issuer will notify the Luxembourg Stock Exchange of any change in the principal of, plus accrued and unpaid interest and premium, if any, on, the amount of Notes to be redeemedoutstanding.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If less than all of the outstanding Notes are to be redeemed at any timeor if less than all Notes tendered pursuant to an Offer are to be accepted for payment, the Trustee Company shall select Notes for redemption on a pro rata basis among all the outstanding Notes or, if the Notes are listed on any national securities exchange, to be redeemed or accepted for payment in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listedlisted or, if the Notes are not listed on such an exchange, on a pro rata basis, by lot or by any other method that the Trustee deems fair and appropriate; provided that Notes redeemed or accepted for payment in either case, unless otherwise required by law or depositary requirementspart shall only be purchased in integral multiples of $1,000. In If the event Company elects to mail notice of partial a redemption by lotto Holders, the particular Company shall at least five days prior to the date notice of redemption is to be mailed, (i) select the Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the Notes outstanding Notes not previously called for redemption. The Trustee shall promptly , and (ii) notify the Company in writing Trustee of the names of each Holder of Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof of Notes held by each such Holder and the principal amount of such Holder’s Notes that are to be redeemed. If less than all Notes and tendered pursuant to an Offer are to be accepted for payment, the Company shall select on or prior to the Purchase Date for such Offer the Notes to be accepted for payment. The Company shall select for redemption or purchase Notes or portions of Notes selected shall be in principal amounts of $2,000 1,000 or whole integral multiples of $1,000 in excess of $2,0001,000; except that if all of the Notes of a Holder are to be redeemed selected for redemption or purchasedpurchase, the entire outstanding aggregate principal amount of the Notes held by such Holder, even if not a multiple of $1,000 shall 1,000, may be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or tendered pursuant to an Offer also apply to portions of Notes called for redemptionredemption or tendered pursuant to an Offer. No The Trustee shall notify the Company promptly of the Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder portions of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed or selected for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If the Issuer is redeeming less than all of the Notes, the Trustee will select the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes to the extent practicable, or, if the a pro rata basis is not practicable or permitted for any reason, by lot or by such other method as may be prescribed by DTC’s applicable procedures. No Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, Minimum Denomination or less may be redeemed in either case, unless otherwise required by law or depositary requirements. part.
(a) In the event of partial redemption by lotor purchase, the particular Notes to be redeemed or purchased shall will be selected, unless otherwise provided herein, not less than 10 days nor more than 60 days prior to the redemption or purchase date by the Trustee from the outstanding Notes not previously called for redemption or purchase.
(b) With respect to Notes represented by certificated notes, the Issuer will issue a new Note in a principal amount equal to the unredeemed portion of the original Note in the name of the Holder upon cancellation of the original Note; provided that new Notes will only be issued in the Minimum Denomination and integral multiples of $1,000 in excess thereof. Notes called for redemption become due on the date fixed for redemption, unless such redemption is conditioned on the happening of one or more future events or conditions precedent. On the applicable Redemption Date, interest will cease to accrue on Notes called for redemption.
(c) The Trustee shall will promptly notify the Company Issuer in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemptionredemption or purchase, the principal amount thereof to be redeemedredeemed or purchased. Notes and portions of Notes selected shall will be in amounts of $2,000 the Minimum Denomination or whole multiples of $1,000 in excess of $2,000thereof; except that Notes of the Minimum Denomination or less shall be redeemed in whole and not in part and if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 Holder shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemption. No Notes of $2,000 redemption or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Sources: Indenture (Burford Capital LTD)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 15 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 15 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Sources: Indenture (Clearway Energy, Inc.)
Selection of Notes to Be Redeemed or Purchased. (a) If less than all of the Notes are to be redeemed at any time, the Trustee shall Company will select the Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listedlisted and in compliance with the requirements of DTC, in either case, unless otherwise required by law or depositary requirements. In if the event Notes are not so listed or such exchange prescribes no method of partial redemption by lotselection and the Notes are not held through DTC or DTC prescribes no method of selection, the particular Notes Trustee will select by lot or on a pro rata basis, subject to be redeemed or purchased shall be selectedadjustments so that no Note in an unauthorized denomination remains outstanding after such redemption; provided, unless otherwise provided hereinhowever, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any that no Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding aggregate principal amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. .
(b) Notices of redemption shall will be delivered electronically or, at the Company’s option, mailed by first first-class mail or delivered electronically at least 10 days but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered addressthe address of such Holder appearing in the security register or otherwise in accordance with the applicable procedures of DTC (with a copy to the Trustee), except that redemption notices may be mailed or delivered electronically or mailed more than 60 days prior to a redemption date if the notice is issued in connection with a legal or covenant defeasance of the Notes or a satisfaction and discharge of this the Indenture. .
(c) If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is thereof to be redeemed. A new Note , in principal amount equal to the unredeemed which case a portion of the original Note shall will be issued in the name of the Holder of Notes thereof upon cancellation of the original Note. In the case of a Global Note, an appropriate notation will be made on such Note to decrease the principal amount thereof to an amount equal to the unredeemed portion thereof. Subject to the terms of the applicable redemption notice (including any conditions contained therein), Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, unless the Company defaults in the payment of the redemption price, interest ceases to accrue on Notes or portions of them called for redemption. Other than as specifically provided in this Section 3.05 or Section 4.03 of this Supplemental Indenture, so long as applicable, any purchase pursuant to this Section 3.05 shall be made pursuant to the Company has deposited with applicable provisions of Section 3.01 through Section 3.07 of the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedBase Indenture.
Appears in 1 contract
Sources: First Supplemental Indenture (CrowdStrike Holdings, Inc.)
Selection of Notes to Be Redeemed or Purchased. If less than all of the outstanding Notes are to be redeemed at any timeor if less than all Notes tendered pursuant to an Offer are to be accepted for payment, the Trustee shall select Notes for redemption on a pro rata basis among all the outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased accepted for payment on a pro rata basis, by lot or by any other method that the Trustee deems fair and appropriate. If the Company elects to mail notice of a redemption to Holders, the Trustee shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 at least 15 days prior to the date notice of redemption by is to be mailed (i) select the Trustee Notes to be redeemed from the Notes outstanding Notes not previously called for redemption. The redemption in the manner specified by the Trustee shall promptly and (ii) notify the Company in writing of the names of each Holder of Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof of Notes held by each such Holder and the principal amount of such Holder's Notes that are to be redeemed. If less than all Notes and tendered pursuant to an Offer are to be accepted for payment, the Trustee shall select on or prior to the Purchase Date for such Offer the Notes to be accepted for payment. The Trustee shall select for redemption or purchase Notes or portions of Notes selected shall be in principal amounts of $2,000 or whole multiples at maturity of $1,000 in excess of $2,000or integral multiples thereof; except that if all of the Notes of a Holder are to be redeemed selected for redemption or purchasedpurchase, the entire outstanding aggregate principal amount of the Notes held by such Holder, even if not a an integral multiple of $1,000 shall 1,000, may be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or tendered pursuant to an Offer also apply to portions of Notes called for redemptionredemption or tendered pursuant to an Offer. No The Trustee shall notify the Company promptly of the Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder portions of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed or selected for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 30 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Sources: Indenture (NRG Energy, Inc.)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis in accordance with the current requirements of the Depositary among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 30 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If less than all of the outstanding Notes are to be redeemed at any timeor if less than all Notes tendered pursuant to an Offer are to be accepted for payment, the Trustee shall select Notes for redemption on a pro rata basis among all the outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selectedaccepted for payment on a pro rata basis, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by lot or by any other method that the Trustee deems fair and appropriate. If the Company elects to mail notice of a redemption to Holders, the Trustee shall (i) select the Notes to be redeemed from the Notes outstanding Notes not previously called for redemption. The redemption in the manner specified by the Trustee shall promptly and (ii) notify the Company in writing of the names of each Holder of Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof of Notes held by each such Holder and the principal amount of such Holder’s Notes that are to be redeemed. If less than all Notes and tendered pursuant to an Offer are to be accepted for payment, the Trustee shall select on or prior to the Purchase Date for such Offer the Notes to be accepted for payment. The Trustee shall select for redemption or purchase Notes or portions of Notes selected shall be in principal amounts of $2,000 or whole multiples at maturity of $1,000 in excess of $2,000or integral multiples thereof; except that if all of the Notes of a Holder are to be redeemed selected for redemption or purchasedpurchase, the entire outstanding aggregate principal amount of the Notes held by such Holder, even if not a an integral multiple of $1,000 shall 1,000, may be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or tendered pursuant to an Offer also apply to portions of Notes called for redemptionredemption or tendered pursuant to an Offer. No The Trustee shall notify the Company promptly of the Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder portions of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed or selected for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Sources: Indenture (Birds Eye Foods, Inc.)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 15 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Supplemental Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Supplemental Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption, subject to the satisfaction or waiver of any conditions. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes of a Series are to be redeemed at any time, the Trustee for such Series of Notes shall select Notes of such Series for redemption on a pro rata basis among all outstanding Notes of such Series or, if the Notes of such Series are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes of such Series are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes of such Series to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 15 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes of such Series not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes of a Series selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes of a Series selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of such Series of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes of such Series held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Supplemental Indenture that apply to Notes of such Series called for redemption also apply to portions of Notes of such Series called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes of the Series to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes of such Series or a satisfaction and discharge of this Supplemental Indenture. If any Note of a Series is to be redeemed in part only, the notice of redemption that relates to that Note of such Series shall state the portion of the principal amount of that Note of such Series that is to be redeemed. A new Note of a Series in principal amount equal to the unredeemed portion of the original Note of such Series shall be issued in the name of the Holder of Notes of such Series upon cancellation of the original NoteNote of such Series. Notes of a Series called for redemption become due on the date fixed for redemption, subject to the satisfaction or waiver of any conditions. On and after the redemption date, interest ceases to accrue on Notes of a Series or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Supplemental Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Supplemental Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 15 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Supplemental Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Supplemental Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. (a) If less than all of the Notes of a series are to be redeemed at any time, the Trustee shall Company will select the Notes of such series for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange exchange, if any, on which the of such series Notes are listedlisted and in compliance with the requirements of DTC, in either case, unless otherwise required by law or depositary requirements. In if the event Notes of partial redemption by lotsuch series are not so listed or such exchange prescribes no method of selection and the Notes of such series are not held through DTC or DTC prescribes no method of selection, the particular Notes Trustee will select by lot or on a pro rata basis, or by another method the Trustee considers to be redeemed or purchased shall be selectedfair and appropriate, unless otherwise provided hereinsubject to adjustments so that no Note in an unauthorized denomination remains outstanding after such redemption; provided, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption andhowever, in the case of any that no Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding aggregate principal amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. .
(b) Notices of redemption shall will be delivered electronically or, at the Company’s option, mailed by first first-class mail or delivered electronically at least 10 days but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered addressthe address of such Holder appearing in the security register or otherwise in accordance with the applicable procedures of DTC (with a copy to the Trustee), except that redemption notices may be mailed or delivered electronically or mailed more than 60 days prior to a redemption date if the notice is issued in connection with a legal or covenant defeasance of the Notes or a satisfaction and discharge of this the Indenture. .
(c) If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is thereof to be redeemed. A new Note , in principal amount equal to the unredeemed which case a portion of the original Note shall will be issued in the name of the Holder of Notes thereof upon cancellation of the original Note. In the case of a Global Note, an appropriate notation will be made on such Note to decrease the principal amount thereof to an amount equal to the unredeemed portion thereof. Subject to the terms of the applicable redemption notice (including any conditions contained therein), Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, unless the Company defaults in the payment of the redemption price, interest ceases to accrue on Notes or portions of them called for redemption. Other than as specifically provided in this Section 3.05 or Section 4.03 of this Supplemental Indenture, so long as applicable, any purchase pursuant to this Section 3.05 shall be made pursuant to the Company has deposited with applicable provisions of Article 3 of the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedBase Indenture.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If In the event that less than all of the Notes are to be purchased in an Asset Sale Offer or redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, to be redeemed or purchased among the Holders of the Notes in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listed, or, if the Notes are not so listed, on a PRO RATA basis, by lot or by such method as the Trustee shall deem fair and appropriate (and in either casesuch manner as complies with applicable legal requirements). The Company shall give written notice to the Trustee of such requirements of any securities exchange not less than forty-five (45) nor more than ninety (90) days prior to the date on which notice of such redemption or purchase is to be given. In the event a partial redemption is made with the proceeds of a public offering by the Company of common equity securities, selection of the Notes or portions thereof for redemption shall be made by the Trustee only on a PRO RATA basis or on as nearly a PRO RATA basis as practicable (subject to procedures of the Depositary), unless such method is otherwise required by law or depositary requirementsprohibited. In the event of partial redemption by lotredemption, other than PRO RATA, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. In the event that less than all of the Notes properly tendered in an Asset Sale Offer are to be purchased, the particular Notes to be purchased shall be selected promptly upon the expiration of such Asset Sale Offer. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemptionredemption or purchase, the principal amount thereof to be redeemedredeemed or purchased. Notes and portions of Notes them selected shall be in principal amounts of $2,000 1,000 or whole multiples of $1,000 in excess of $2,0001,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding principal amount of Notes held by such Holder, even if not a multiple of $1,000 Holder shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes In the event the Company is required to make an Asset Sale Offer pursuant to Section 3.9 and Section 4.10 hereof, and the amount of $2,000 or less shall Excess Proceeds to be redeemed applied to such purchase would result in part. Notices the purchase of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder a principal amount of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice which is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part onlynot evenly divisible by $1,000, the notice of redemption that relates Trustee shall promptly refund to that Note shall state the Company the portion of such Excess Proceeds that is not necessary to purchase the immediately lesser principal amount of that Note Notes that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemeddivisible.
Appears in 1 contract
Sources: Indenture (Capstar Hotel Co)
Selection of Notes to Be Redeemed or Purchased. If less than all of the out- standing Notes are to be redeemed at any timeor if less than all Notes tendered pursuant to an Offer are to be purchased by the Company, the Trustee Trustee, on behalf of the Company, shall select Notes for redemption on a pro rata basis among all the outstanding Notes or, if to be redeemed or purchased by the Notes are listed on any national securities exchangeCompany, in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listedlisted or, in either caseif the Notes are not listed on such an ex- change the Trustee, unless otherwise required by law or depositary requirements. In on behalf of the event of partial redemption by lotCompany, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from select the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, on a pro rata basis, by lot or by any other method that the entire Trustee deems fair and appropriate or, in the event the Notes are in global form, as otherwise prescribed by DTC. Notes redeemed or purchased in part shall only be redeemed or purchased in integral multiples of $1,000. If the Company elects to mail notice of a redemption to Holders, the Trustee shall at least five days prior to the date notice of redemption is to be mailed, (i) select, on behalf of the Company, the Notes to be redeemed from Notes outstanding not previously called for redemption, and (ii) notify the Company of the names of each Holder of Notes selected for redemption, the principal amount of Notes held by each such Holder and the principal amount of such Holder’s Notes that are to be redeemed. If fewer than all Notes tendered pursuant to an Offer are to be purchased, even if not a multiple the Trustee shall, on behalf of the Company, select on or prior to the purchase date for such Offer the Notes to be purchased. The Trustee shall select for redemption or purchase Notes or portions of Notes in integral multiples of $1,000 shall be redeemed or purchased1,000. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or tendered pursuant to an Offer also apply to portions of Notes called for redemptionredemption or tendered pursuant to an Offer. No The Trustee shall notify the Company promptly of the Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder portions of Notes to be redeemed at called for redemption or selected for purchase. The Company shall notify the Trustee of its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance acceptance for payment of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called selected for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Sources: Indenture (E.W. SCRIPPS Co)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed or repurchased at any time, the Trustee shall select selection of Notes for redemption on a pro rata basis among all outstanding Notes or, if or repurchase will be made by the Notes are listed on any national securities exchange, Trustee in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listed, in either caseor, unless otherwise required if the Notes are not so listed, on a pro rata basis, by law lot or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by such other method as the Trustee from the outstanding shall deem fair and appropriate; provided that no Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding principal amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed or repurchased in part. Notices of redemption or repurchase shall be mailed by first class mail or delivered electronically at least 10 30 but not more than 60 days before the redemption date or repurchase date to each Holder of Notes to be redeemed or repurchased at its registered address, except that . Notices of redemption notices or repurchase may not be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indentureconditional. If any Note is to be redeemed or repurchased in part only, the notice of redemption or repurchase that relates to that such Note shall state the portion of the principal amount of that Note that is thereof to be redeemedredeemed or repurchased. A new Note in principal amount equal to the unredeemed or unpurchased portion of the original Note shall thereof will be issued in the name of the Holder of Notes thereof upon cancellation of the original Note. Notes called for redemption or repurchase become due on the date fixed for redemptionredemption or repurchase. On and after the redemption date or repurchase date, interest ceases and Liquidated Damages, if any, will cease to accrue on Notes or portions of them called for redemption, so long as redemption or repurchase unless the Company has deposited with defaults in making the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedredemption or repurchase payment.
Appears in 1 contract
Sources: Indenture (Laralev Inc)
Selection of Notes to Be Redeemed or Purchased. If less than all of the outstanding Notes are to be redeemed at any timeor if less than all Notes tendered pursuant to an Offer are to be accepted for payment, the Trustee shall select Notes for redemption on a pro rata basis among all the outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased accepted for payment on a PRO RATA basis, by lot or by any other method that the Trustee deems fair and appropriate. If the Company elects to mail notice of a redemption to Holders, the Trustee shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 at least 15 days prior to the date notice of redemption by is to be mailed (i) select the Trustee Notes to be redeemed from the Notes outstanding Notes not previously called for redemption. The redemption in the manner specified by the Trustee shall promptly and (ii) notify the Company in writing of the names of each Holder of Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof of Notes held by each such Holder and the principal amount of such Holder's Notes that are to be redeemed. If less than all Notes and tendered pursuant to an Offer are to be accepted for payment, the Trustee shall select on or prior to the Purchase Date for such Offer the Notes to be accepted for payment. The Trustee shall select for redemption or purchase Notes or portions of Notes selected shall be in principal amounts of $2,000 or whole multiples at maturity of $1,000 in excess of $2,000or integral multiples thereof; except that if all of the Notes of a Holder are to be redeemed selected for redemption or purchasedpurchase, the entire outstanding aggregate principal amount of the Notes held by such Holder, even if not a an integral multiple of $1,000 shall 1,000, may be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or tendered pursuant to an Offer also apply to portions of Notes called for redemptionredemption or tendered pursuant to an Offer. No The Trustee shall notify the Company promptly of the Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder portions of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed or selected for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Sources: Indenture (Agro Air Associates Inc)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes of a Series are to be redeemed at any time, the Trustee shall select Notes of such Series for redemption on a pro rata basis among all outstanding Notes of such Series or, if the Notes of such Series are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes of such Series are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes of such Series to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 15 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes of such Series not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes of a Series selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes of a Series selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of such Series of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes of such Series held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Supplemental Indenture that apply to Notes of such Series called for redemption also apply to portions of Notes of such Series called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes of a Series to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes of such Series or a satisfaction and discharge of this Supplemental Indenture. If any Note of a Series is to be redeemed in part only, the notice of redemption that relates to that Note of such Series shall state the portion of the principal amount of that Note of such Series that is to be redeemed. A new Note of a Series in principal amount equal to the unredeemed portion of the original Note of such Series shall be issued in the name of the Holder of Notes of such Series upon cancellation of the original NoteNote of such Series. Notes of a Series called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes of a Series or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If less fewer than all of the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis or by lot (subject to the customary procedures of the Trustee and DTC, as applicable) among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company Issuers in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 1.00 or whole multiples of $1,000 1.00 in excess of $2,000thereof; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 1.00, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 1.00 or less shall be redeemed in part. Notices of redemption shall be mailed delivered by first first-class mail or delivered electronically for Notes held in book entry form at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Sources: Indenture (NRG Rema LLC)
Selection of Notes to Be Redeemed or Purchased. (a) If less than all of the Notes are to be redeemed pursuant to Section 3.07 or purchased in a Change of Control Offer at any time, the Trustee shall select the Notes for redemption on a pro rata basis among all outstanding Notes or, to be redeemed or repurchased in authorized denominations (1) if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, (2) if the Notes are not so listed, on a pro rata basis to the extent practicable or (3) by lot in either case, unless otherwise required by law or depositary requirementscompliance with the Applicable Procedures. In the event of partial redemption or purchase by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 30 nor more than 60 days prior to the redemption date by the Trustee from the then outstanding Notes not previously called for redemption. redemption or purchase.
(b) The Trustee shall promptly notify the Company Issuers in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemptionredemption or purchase, the principal amount thereof to be redeemedredeemed or purchased. Notes and portions of Notes selected shall be in amounts of $2,000 1,000 or whole number multiples of $1,000 in excess 1,000; no Notes of $2,000; 2,000 or less shall be redeemed in part, except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not $2,000 or a multiple of $1,000 in excess thereof, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemption. No Notes of $2,000 redemption or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before purchase.
(c) After the redemption date to each Holder date, upon surrender of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A a new Note or Notes in principal amount equal to the unredeemed portion of the original Note Note, representing the same Indebtedness to the extent not redeemed, shall be issued in the name of the Holder of the Notes upon cancellation of the original Note. Notes called for redemption become due on Note upon written direction by the date fixed for Holder thereof (or appropriate book entries shall be made to reflect such partial redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed) upon written direction by such Holder.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If less than all of the outstanding Notes are to be redeemed at any timeor if less than all Notes tendered pursuant to an Offer are to be purchased by the Company, the Trustee Trustee, on behalf of the Company, shall select Notes for redemption on a pro rata basis among all the outstanding Notes or, if to be redeemed or purchased by the Notes are listed on any national securities exchangeCompany, in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listedlisted or, in either caseif the Notes are not listed on such an exchange the Trustee, unless otherwise required by law or depositary requirements. In on behalf of the event of partial redemption by lotCompany, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from select the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, on a pro rata basis, by lot or by any other method that the entire Trustee deems fair and appropriate or, in the event the Notes are in global form, as otherwise prescribed by DTC. Notes redeemed or purchased in part shall only be redeemed or purchased in integral multiples of $1,000. If the Company elects to deliver notice of a redemption to Holders, the Trustee shall at least five days prior to the date notice of redemption is to be delivered, (i) select, on behalf of the Company, the Notes to be redeemed from Notes outstanding not previously called for redemption in the manner described above, and (ii) notify the Company of the names of each Holder of Notes selected for redemption, the principal amount of Notes held by each such Holder and the principal amount of such Holder’s Notes that are to be redeemed. If fewer than all Notes tendered pursuant to an Offer are to be purchased, even if not a multiple the Trustee shall, on behalf of the Company, select on or prior to the purchase date for such Offer the Notes to be purchased in the manner described above. The Trustee shall select for redemption or purchase Notes or portions of Notes in integral multiples of $1,000 shall be redeemed or purchased1,000. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or tendered pursuant to an Offer also apply to portions of Notes called for redemptionredemption or tendered pursuant to an Offer. No The Trustee shall notify the Company promptly of the Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder portions of Notes to be redeemed at called for redemption or selected for purchase. The Company shall notify the Trustee of its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance acceptance for payment of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called selected for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Sources: Indenture (Plantronics Inc /Ca/)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Second Supplemental Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Second Supplemental Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If In the event that less than all of the Notes are to be redeemed at any time, the Trustee shall select selection of Notes for redemption on a pro rata basis among all outstanding Notes or, if shall be made by the Notes are listed on any national securities exchange, Trustee in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listedlisted or, in either caseif the Notes are not listed on a national securities exchange, unless otherwise required on a PRO RATA basis, by law lot or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by such method as the Trustee from the outstanding will deem fair and appropriate; PROVIDED, HOWEVER, that no Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the a principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part; PROVIDED, FURTHER, HOWEVER, that any such redemption made with the net proceeds of a Public Equity Offering shall be made on a PRO RATA basis or on as nearly a PRO RATA basis as practicable (subject to the procedures of The Depository Trust Company or any other depositary). Notices Notice of redemption shall will be mailed by first class mail or delivered electronically at least 10 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that such Note shall will state the portion of the principal amount of that Note that is thereof to be redeemed. A new Note in a principal amount equal to the unredeemed portion of the original Note shall thereof will be issued in the name of the Holder of Notes thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. (a) If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall Trustees will select Notes for redemption or purchase on a pro rata basis among all outstanding Notes or(or in the case of Global Notes, if based on a method that most nearly approximates a pro rata selection, subject to the Notes are listed on operations and procedures of any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, depositary) unless otherwise required by law or applicable stock exchange or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. .
(b) No Notes of $US$2,000 or less shall can be redeemed in part. Notices of redemption shall will be mailed by first class mail or delivered electronically at least 10 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this First Supplemental Indenture. Notices of redemption shall not be conditional.
(c) If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall will state the portion of the principal amount of that Note that is to be redeemed. A If at the time of such redemption the Notes are not Global Notes, a new Note in principal amount equal to the unredeemed portion of the original Note shall will be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them Notes called for redemption, so long as .
(d) In the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, onevent of partial redemption or purchase by lot, the particular Notes to be redeemedredeemed or purchased will be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption or purchase date by the Trustees from the outstanding Notes not previously called for redemption or purchase.
(e) The Trustees will promptly notify the Company in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemption or purchase, the principal amount thereof to be redeemed or purchased. Notes and portions of Notes selected will be in amounts of US$2,000 or whole multiples of US$1,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of US$1,000, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this First Supplemental Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemption or purchase.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select selection of Notes for redemption on a pro rata basis among all outstanding Notes or, if will be made by the Notes are listed on any national securities exchange, Trustee in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listed, in either caseor, unless otherwise required if the Notes are not so listed, on a pro rata basis, by law lot or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by such method as the Trustee from the outstanding shall deem fair and appropriate; provided that no Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that . Notices of redemption notices may not be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indentureconditional. If any Note is to be redeemed in part only, the notice of redemption that relates to that such Note shall state the portion of the principal amount of that Note that is thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall thereof will be issued in the name of the Holder of Notes thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases and Liquidated Damages cease to accrue on Notes or portions of them called for redemption, so long as redemption unless the Company has deposited with defaults in making the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedredemption payment.
Appears in 1 contract
Sources: Indenture (J Crew Group Inc)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any timepursuant to Section 5.7 or a redemption pursuant to Section 5.9, the Trustee shall will select Notes for redemption or purchase (a) if the Notes are in global form, on a pro rata basis, by lot, or by such other method in accordance with the applicable procedures of DTC and (b) if the Notes are in definitive form in their entirety, on a pro rata basis among all outstanding (subject to adjustments to maintain the authorized Notes ordenomination requirements) or by lot, except if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law law. No Notes in an unauthorized denomination or depositary requirementsof $2,000 in aggregate principal amount or less shall be redeemed in part. In the event of partial redemption by lotredemption, the particular Notes to be redeemed or purchased shall will be selected, unless otherwise provided herein, not less than 10 days nor more than 60 days prior to the redemption or purchase date by the Trustee from the outstanding Notes not previously called for redemption or purchase; provided that the Issuer shall provide the Trustee with sufficient notice of such partial redemption to enable the Trustee to select the Notes for partial redemption. The Trustee shall will promptly notify the Company Issuer in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemptionredemption or purchase, the principal amount thereof to be redeemedredeemed or purchased. Notes and portions of Notes selected shall will be in minimum principal amounts of $2,000 or and whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not in a minimum principal amount of $2,000 or a multiple of $1,000 in excess thereof, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemption. No Notes of $2,000 redemption or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Sources: Indenture (GrubHub Inc.)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Supplemental Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Supplemental Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption, subject to the satisfaction or waiver of any conditions. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If less than all of the outstanding Notes are to be redeemed or if less than all Notes tendered pursuant to an Offer are to be accepted at any time, the Trustee shall select selection of Notes for redemption on a pro rata basis among all outstanding Notes or, if or acceptance shall be made by the Notes are listed on any national securities exchange, Trustee in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listed or, if the Notes are not so listed, in either caseon a pro rata basis, unless otherwise required by law lot or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by such other method as the Trustee from the outstanding deems fair and appropriate, provided that no Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the with a principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that such Note shall state the portion of the principal amount of that Note that is thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note thereof shall be issued in the name of the Holder of Notes thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases shall cease to accrue on Notes or portions of them thereof called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Sources: Indenture (Katz Media Group Inc)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any timepursuant to Section 5.7 or purchased in an Asset Disposition Offer pursuant to Section 3.5 or a redemption pursuant to Section 5.6, the Trustee shall select Notes for redemption or purchase (a) if the Notes are in global form, on a pro rata basis among all outstanding or such similar method in accordance with the applicable procedures of DTC and (b) if the Notes orare in definitive form, by lot or on a pro rata basis (subject to adjustments to maintain the authorized Notes denomination requirements) except:
(1) if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless ; or
(2) if otherwise required by law law. No Notes in an unauthorized denomination or depositary requirementsof $2,000 in aggregate principal amount or less shall be redeemed in part. In the event of partial redemption by lotredemption, the particular Notes to be redeemed or purchased shall will be selected, unless otherwise provided herein, not less than 10 days nor more than 60 days prior to the redemption or purchase date by the Trustee from the outstanding Notes not previously called for redemption or purchase; provided that the Company shall provide the Trustee with sufficient notice of such partial redemption to enable the Trustee to select the Notes for partial redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemptionredemption or purchase, the principal amount thereof to be redeemedredeemed or purchased. Notes and portions of Notes selected shall will be in minimum principal amounts of $2,000 or whole multiples of $1,000 in excess of $2,000thereof; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 in excess thereof, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemption. No Notes of $2,000 redemption or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Sources: Indenture (Infrastructure & Energy Alternatives, Inc.)
Selection of Notes to Be Redeemed or Purchased. (a) If less fewer than all of the Notes are to be redeemed at any time, Euroclear and Clearstream (for the Trustee shall select Notes for redemption Senior Euro Notes) or DTC (in the case of the Senior Dollar Notes) will credit their participants’ accounts on a pro rata pass-through distribution of principal basis among all outstanding Notes or, if (with adjustments to prevent fractions). No book-entry interest of less than €100,000 (with respect to the Senior Euro Notes) or $200,000 (with respect to the Senior Dollar Notes) principal amount may be redeemed in part and only in multiples of €1,000 (with respect to the Senior Euro Notes) or $1,000 (with respect to the Senior Dollar Notes). If the Notes are listed on any national securities exchange, in compliance with not held through Euroclear and Clearstream (for the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law Senior Euro Notes) or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, DTC (in the case of any the Senior Dollar Notes), or Euroclear and Clearstream (for the Senior Euro Notes) or DTC (in the case of the Senior Dollar Notes) prescribe no method of selection the Notes will be selected, on a pro rata basis, subject to adjustments so that no Note selected for partial in an unauthorized denomination remains outstanding after such redemption. The Trustee, the principal amount thereof to Principal Paying Agent and the Registrar shall not be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of liable for selections made under this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Section 3.02(a).
(b) Notices of purchase or redemption shall will be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date given to each Holder of Notes pursuant to be redeemed at its registered addressSections 3.03 and 14.01.
(c) In relation to Definitive Registered Notes, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Definitive Registered Note in principal amount equal to the unpurchased or unredeemed portion of the original any Definitive Registered Note shall purchased or redeemed in part will be issued in the name of the Holder of Notes thereof upon cancellation of the original Definitive Registered Note. Notes called for redemption become due In the case of a Global Note, an appropriate notation will be made on such Note to decrease the date fixed for redemptionprincipal amount thereof to an amount equal to the unredeemed portion thereof. On and or after the any purchase or redemption date, unless the Issuers default in the payment of the redemption price, interest ceases shall cease to accrue on Notes or portions of them thereof tendered for purchase or called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select Notes for redemption or purchase on a pro rata basis among all outstanding Notes or, if to the Notes are listed on any national securities exchange, extent practicable or pursuant to another method in compliance accordance with the requirements procedures of the principal national securities exchange on which the Notes are listed, in either caseDepositary, unless otherwise required by law or depositary applicable stock exchange requirements. In the event No Notes of partial redemption by lot, the particular Notes to a principal amount of US$200,000 or less can be redeemed or purchased shall be selectedin part, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding and if Notes not previously called for redemption. The Trustee shall promptly notify the Company are redeemed or purchased in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemptionpart, the principal remaining outstanding amount thereof must be at least equal to be redeemed. Notes US$200,000 and portions of Notes selected shall be in amounts of $2,000 or whole integral multiples of $US$1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in partthereof. Notices of redemption shall will be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a the satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall will state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them Notes called for redemption, so long as . In the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, onevent of partial redemption or purchase by lot, the particular Notes to be redeemedredeemed or purchased will be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption or purchase date by the Trustee from the outstanding Notes not previously called for redemption or purchase. A new Note in principal amount equal to the unredeemed portion of the original Note will be issued in the name of the Holder upon cancellation of the original Note. The Trustee will as soon as reasonably practicable notify the Company in writing of the Notes selected for redemption or purchase and, in the integral of any Note selected for partial redemption or purchase, the principal amount thereof to be redeemed or purchased. Notes and portions of Notes selected will be in amounts of US$200,000 or integral multiples of US$1,000 in excess thereof; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemption or purchase.
Appears in 1 contract
Sources: Indenture (Azure Power Global LTD)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 30 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices Except as required by Section 3.07(b), notices of redemption shall be mailed by first class mail or delivered electronically at least 10 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Sources: Indenture (NRG Yield, Inc.)
Selection of Notes to Be Redeemed or Purchased. If less than all of the outstanding Notes are to be redeemed at any timeor if less than all Notes tendered pursuant to an Offer are to be accepted for payment, the Trustee shall select Notes for redemption on a pro rata basis among all the outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased shall be selectedaccepted for payment on a pro rata basis, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by lot or by any other method that the Trustee deems fair and appropriate. If the Company elects to mail notice of a redemption to Holders, the Trustee shall (i) select the Notes to be redeemed from the Notes outstanding Notes not previously called for redemption. The redemption in the manner specified by the Trustee shall promptly and (ii) notify the Company in writing of the names of each Holder of Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof of Notes held by each such Holder and the principal amount of such Holder's Notes that are to be redeemed. If less than all Notes and tendered pursuant to an Offer are to be accepted for payment, the Trustee shall select on or prior to the Purchase Date for such Offer the Notes to be accepted for payment. The Trustee shall select for redemption or purchase Notes or portions of Notes selected shall be in principal amounts of $2,000 or whole multiples at maturity of $1,000 in excess of $2,000or integral multiples thereof; except that if all of the Notes of a Holder are to be redeemed selected for redemption or purchasedpurchase, the entire outstanding aggregate principal amount of the Notes held by such Holder, even if not a an integral multiple of $1,000 shall 1,000, may be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or tendered pursuant to an Offer also apply to portions of Notes called for redemptionredemption or tendered pursuant to an Offer. No The Trustee shall notify the Company promptly of the Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder portions of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed or selected for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Sources: Indenture (Linden Oaks Corp)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Senior Discount Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select Senior Discount Notes for redemption on a pro rata basis among all outstanding Notes or, or purchase as follows:
(1) if the Senior Discount Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Senior Discount Notes are listed; or
(2) if the Senior Discount Notes are not listed on any national securities exchange, in either caseon a pro rata basis, unless otherwise required by law lot or depositary requirementsby such method as the Trustee deems fair and appropriate. In the event of partial redemption or purchase by lot, the particular Senior Discount Notes to be redeemed or purchased shall will be selected, unless otherwise provided herein, not less than 10 30 nor more than 60 days prior to the redemption or purchase date by the Trustee from the outstanding Senior Discount Notes not previously called for redemptionredemption or purchase. The Trustee shall will promptly notify the Company in writing of the Senior Discount Notes selected for redemption or purchase and, in the case of any Senior Discount Note selected for partial redemptionredemption or purchase, the principal amount at maturity thereof to be redeemedredeemed or purchased. Senior Discount Notes and portions of Senior Discount Notes selected shall will be in amounts of $2,000 1,000 principal amount at maturity or whole multiples of $1,000 in excess of $2,000principal amount at maturity; except provided that if all of the no Senior Discount Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 principal amount at maturity or less shall be redeemed or purchasedpurchased in part. Except as provided in the preceding sentence, provisions of this Senior Discount Indenture that apply to Senior Discount Notes called for redemption or purchase also apply to portions of Senior Discount Notes called for redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemed.
Appears in 1 contract
Sources: Indenture (VHS of Anaheim Inc)
Selection of Notes to Be Redeemed or Purchased. If less than all (a) In the case of any partial redemption or purchase, selection of beneficial interests in the Notes are to be redeemed at any time, the Trustee shall select Notes for redemption or purchase will be made according to the procedures of the depositary holding the Notes, in the case of Notes in global form, or made by the Trustee on a pro rata basis among all outstanding basis, by lot or by such other method as the Trustee in its sole discretion will deem to be fair and appropriate, in the case of Notes orthat are not in global form; provided that the unredeemed or unpurchased portion of any Note redeemed or purchased in part must be equal to €100,000 in principal amount or an integral multiple of €1,000 in excess thereof. If any Note is redeemed or purchased in part only, if a new Note in principal amount equal to the unredeemed or unpurchased portion thereof will be issued in the name of the holder thereof upon cancellation of the original Note. None of the Trustee nor any Paying Agent, Transfer Agent or Registrar shall be liable for selections made under this Section 3.02.
(b) When the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lotdefinitive form, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the outstanding Notes not previously called for redemption. The Trustee Registrar shall promptly notify the Company Issuer in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemptionredemption or purchase, the principal amount thereof to be redeemedredeemed or purchased. Notes and portions Portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 €1,000; no Notes of €100,000 or less shall be redeemed or purchased in excess of $2,000; part, except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not €100,000 or a multiple of $€1,000 in excess thereof, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemption. No Notes of $2,000 redemption or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before purchase.
(c) After the redemption date to each Holder date, upon surrender of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A a new Note or Notes in principal amount equal to the unredeemed portion of the original Note representing the same Indebtedness to the extent not redeemed shall be issued in the name of the Holder of the Notes upon cancellation of the original NoteNote (or appropriate adjustments shall be made to such Note to reflect such partial redemption).
(d) Any redemption notice may, at the Issuer’s discretion, be subject to one or more conditions precedent, including completion of a financing, Equity Offering, Change of Control, asset sale or other transaction or event. Notes called for In addition, if such redemption become due on is subject to satisfaction of one or more conditions precedent, such notice shall state that, in the Issuer’s discretion, the redemption date may be delayed until such time (including more than 60 days after the date fixed for of the notice of redemption. On ) as any or all such conditions shall be satisfied (or waived by the Issuer in its sole discretion), or such redemption may not occur and after such notice may be rescinded in the event that any or all such conditions shall not have been satisfied (or waived by the Issuer in its sole discretion) by the redemption date, interest ceases to accrue on Notes or portions by the redemption date so delayed (a “delayed redemption date”), or that such notice may be rescinded at any time in the Issuer’s sole discretion if the Issuer determines that any or all of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to such conditions will not be redeemedsatisfied or waived.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If less than all of the outstanding Notes are to be redeemed at any timeor if less than all Notes tendered pursuant to an Offer are to be accepted for payment, the Trustee shall select Notes for redemption on a pro rata basis among all the outstanding Notes or, if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased accepted for payment on a pro rata basis, by lot or by any other method that the Trustee deems fair and appropriate. If the Company elects to mail notice of a redemption to Holders, the Trustee shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 at least 5 days prior to the date notice of redemption by is to be mailed (i) select the Trustee Notes to be redeemed from the Notes outstanding Notes not previously called for redemption. The redemption in the manner specified by the Trustee shall promptly and (ii) notify the Company in writing of the names of each Holder of Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof of Notes held by each such Holder and the principal amount of such Holder's Notes that are to be redeemed. If less than all Notes and tendered pursuant to an Offer are to be accepted for payment, the Trustee shall select on or prior to the Purchase Date for such Offer the Notes to be accepted for payment. The Trustee shall select for redemption or purchase Notes or portions of Notes selected shall be in principal amounts of $2,000 or whole multiples at maturity of $1,000 in excess of $2,000or integral multiples thereof; except that if all of the Notes of a Holder are to be redeemed selected for redemption or purchasedpurchase, the entire outstanding aggregate principal amount of the Notes held by such Holder, even if not a an integral multiple of $1,000 shall 1,000, may be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or tendered pursuant to an Offer also apply to portions of Notes called for redemptionredemption or tendered pursuant to an Offer. No The Trustee shall notify the Company promptly of the Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder portions of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed or selected for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Sources: Indenture (Kragen Auto Supply Co)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select Notes for redemption or purchase on a pro rata basis among all outstanding Notes or, or as nearly a pro rata basis as is practicable except:
(1) if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, in either case, unless ; or
(2) if otherwise required by law law. If a partial redemption is made with the proceeds of one or depositary requirementsmore Public Equity Offerings pursuant to Section 3.07 hereof, selection of the Notes or portions thereof for redemption shall be made by the Trustee only on a pro rata basis or as nearly a pro rata basis as is practicable (subject to the procedures of The Depository Trust Company), unless that method is otherwise prohibited. In the event of partial redemption or purchase by lot, the particular Notes to be redeemed or purchased shall will be selected, unless otherwise provided herein, not less than 10 30 nor more than 60 days prior to the redemption or purchase date by the Trustee from the outstanding Notes not previously called for redemptionredemption or purchase. The Trustee shall will promptly notify the Company in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemptionredemption or purchase, the principal amount thereof to be redeemedredeemed or purchased. Notes and portions of Notes selected shall will be in amounts of $2,000 1,000 or whole multiples of $1,000 in excess of $2,0001,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000 1,000, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemption or purchase. The Company may acquire Notes by means other than a redemption. No Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior whether pursuant to a redemption date if the notice is issued in connection with a defeasance of the Notes tender offer, open market purchase, negotiated transaction or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemptionotherwise, so long as such acquisition does not otherwise violate the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedterms of this Indenture.
Appears in 1 contract
Selection of Notes to Be Redeemed or Purchased. If less than all of the outstanding Notes are to be redeemed at any timeor if less than all Notes tendered pursuant to an Offer are to be purchased by the Company, the Trustee Trustee, on behalf of the Company, shall select Notes for redemption on a pro rata basis among all the outstanding Notes or, if to be redeemed or purchased by the Notes are listed on any national securities exchangeCompany, in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listedlisted or, in either caseif the Notes are not listed on such an exchange the Trustee, unless otherwise required by law or depositary requirements. In on behalf of the event of partial redemption by lotCompany, the particular Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from select the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, on a pro rata basis, by lot or by any other method that the entire Trustee deems fair and appropriate or, in the event the Notes are in global form, as otherwise prescribed by DTC. Notes redeemed or purchased in part shall only be redeemed or purchased in integral multiples of $1,000. If the Company elects to mail notice of a redemption to Holders, the Trustee shall at least five days prior to the date notice of redemption is to be mailed, (i) select, on behalf of the Company, the Notes to be redeemed from Notes outstanding not previously called for redemption, and (ii) notify the Company of the names of each Holder of Notes selected for redemption, the principal amount of Notes held by each such Holder and the principal amount of such Holder’s Notes that are to be redeemed. If fewer than all Notes tendered pursuant to an Offer are to be purchased, even if not a multiple the Trustee shall, on behalf of the Company, select on or prior to the purchase date for such Offer the Notes to be purchased. The Trustee shall select for redemption or purchase Notes or portions of Notes in integral multiples of $1,000 shall be redeemed or purchased1,000. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or tendered pursuant to an Offer also apply to portions of Notes called for redemptionredemption or tendered pursuant to an Offer. No The Trustee shall notify the Company promptly of the Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder portions of Notes to be redeemed at called for redemption or selected for purchase. The Company shall notify the Trustee of its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance acceptance for payment of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called selected for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Sources: Indenture (E.W. SCRIPPS Co)
Selection of Notes to Be Redeemed or Purchased. If less than all of the outstanding Notes are to be redeemed at any timeor if less than all Notes tendered pursuant to an Offer are to be accepted for payment, the Trustee shall select Notes for redemption on a pro rata basis among all the outstanding Notes orto be redeemed or accepted for payment pro rata, if the Notes are listed on any national securities exchange, in compliance by lot or by a method that complies with the requirements of the principal national securities any stock exchange on which the Notes are listed, in either case, unless otherwise required by law or depositary requirementslisted and that the Trustee considers fair and appropriate. In the event If Holdings elects to mail notice of partial a redemption by lotto Holders, the particular Trustee shall at least five Business Days prior to the date notice of redemption is to be mailed, (i) select the Notes to be redeemed or purchased shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by the Trustee from the Notes outstanding Notes not previously called for redemption. The Trustee shall promptly redemption and (ii) notify the Company in writing Holdings of the names of each Holder of Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof (or, if prior to September 15, 2004, the Accreted Value) of Notes held by each such Holder and the principal amount (or, if prior to September 15, 2004, the Accreted Value) of such Holder's Notes that are to be redeemed. If less than all Notes and tendered pursuant to an Offer on the Purchase Date are to be accepted for payment, the Trustee shall select on or promptly after the Purchase Date the Notes to be accepted for payment. The Trustee shall select for redemption or purchase Notes or portions of Notes selected shall be in principal amounts of $2,000 500 or whole integral multiples of $1,000 in excess of $2,000500; except that if all of the Notes of a Holder are to be redeemed selected for redemption or purchasedpurchase, the entire outstanding aggregate principal amount (or, if prior to September 15, 2004, the Accreted Value) of the Notes held by such Holder, even if not a multiple of $1,000 500, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or tendered pursuant to an Offer also apply to portions of Notes called for redemptionredemption or tendered pursuant to an Offer. No The Trustee shall notify Holdings promptly of the Notes of $2,000 or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder portions of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed or selected for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Sources: Indenture (Gfsi Holdings Inc)
Selection of Notes to Be Redeemed or Purchased. If less than all of the Notes are to be redeemed at any timepursuant to Section 5.7 or purchased in an Asset Disposition Offer pursuant to Section 3.5, the Trustee shall will select Notes for redemption on a pro rata basis among all outstanding Notes or, if the Notes are listed on any national securities exchange, or purchase in compliance with the requirements of the principal national securities exchange exchange, if any, on which the Notes are listed, as certified to the Trustee by the Company, if the Notes are in either caseglobal form, unless otherwise required on a pro rata basis, by law lot, or depositary requirementsby such other method in accordance with the applicable procedures of DTC or if the Notes are not so listed or such exchange prescribes no method of selection and the Notes are not held through DTC or DTC prescribes no method of selection, the Trustee will select by lot, subject to adjustments so that no Note in an unauthorized denomination remains outstanding after such redemption. No Notes in an unauthorized denomination or of $2,000 in aggregate principal amount or less shall be redeemed in part. In the event of partial redemption by lotredemption, the particular Notes to be redeemed or purchased shall will be selected, unless otherwise provided herein, not less than 10 days nor more than 60 days prior to the redemption Redemption Date or purchase date by the Trustee from the outstanding Notes not previously called for redemption or purchase; provided that the Issuer shall provide the Trustee with sufficient notice of such partial redemption to enable the Trustee to select the Notes for partial redemption. The Trustee shall will promptly notify the Company Issuer in writing of the Notes selected for redemption or purchase and, in the case of any Note selected for partial redemptionredemption or purchase, the principal amount thereof to be redeemedredeemed or purchased. Notes and portions of Notes selected shall will be in minimum principal amounts of $2,000 or and whole multiples of $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder, even if not in a minimum principal amount of $2,000 or a multiple of $1,000 in excess thereof, shall be redeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption or purchase also apply to portions of Notes called for redemption. No Notes of $2,000 redemption or less shall be redeemed in part. Notices of redemption shall be mailed by first class mail or delivered electronically at least 10 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note shall state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note shall be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption, so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest and premium, if any, on, the Notes to be redeemedpurchase.
Appears in 1 contract
Sources: Indenture (Owens & Minor Inc/Va/)