Auction Call Redemption. If there is a successful Auction in accordance with Section 11.06, the Trustee shall apply the proceeds of the Auction to redeem, in whole but not in part, all Outstanding Notes prior to the Stated Maturity Date (the “Auction Call Redemption”). In connection with the Auction Call Redemption, the Trustee shall set the Redemption Date as a Payment Date in accordance with Section 11.06.
Appears in 2 contracts
Samples: Indenture (Resource America, Inc.), Indenture (Resource America, Inc.)
