Common use of Selection of Senior Notes to be Redeemed Clause in Contracts

Selection of Senior Notes to be Redeemed. If less than all of the Senior Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Senior Notes for redemption or purchase shall be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Senior Notes are listed, or, if the Senior Notes are not so listed, on a pro rata basis or (inasmuch as a precise pro rata selection may not be possible in light of the last clause of this Section 3.02) by such other method as the Trustee shall deem fair and appropriate; provided that no Senior Notes of $1,000 or less shall be redeemed or purchased in part.

Appears in 3 contracts

Sources: Indenture (Varsity Spirit Corporation), Indenture (Riddell Sports Inc), Indenture (Riddell Sports Inc)