CERTAIN LIMITATIONS ON REDEMPTION. (a) If a partial redemption of the Securities would result in the delisting of the Preferred Securities issued by the Trust from any national securities exchange or other organization on which the Preferred Securities are listed, the Company shall not be permitted to effect such partial redemption and may only redeem the Securities in whole. (b) The Company may not redeem any Securities unless all accrued and unpaid interest thereon (including, to the extent permitted by law, Additional Payments, if any) has been or is contemporaneously paid (or duly provided for) for all quarterly interest payment periods terminating on or prior to the date of notice of redemption.
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Samples: Indenture (Fleetwood Enterprises Inc/De/), Indenture (Fleetwood Enterprises Inc/De/), Indenture (Fleetwood Capital Trust Iii)
CERTAIN LIMITATIONS ON REDEMPTION. (a) If a partial redemption of the Securities would result in the delisting of the Preferred Securities issued by the Trust from any national securities exchange or other organization on which the Preferred Securities are listed, the Company shall not be permitted to effect such partial redemption and may only redeem the Securities in whole.
(b) The Company may not redeem any Securities unless all accrued and unpaid interest thereon (including, to the extent permitted by law, Additional Payments, if any) has been or is contemporaneously paid (or duly provided for) for all quarterly interest payment periods terminating on or prior to the date of notice of redemption.. 52
Appears in 2 contracts
Samples: Indenture (Fleetwood Capital Trust Iii), Indenture (Fleetwood Enterprises Inc/De/)
CERTAIN LIMITATIONS ON REDEMPTION. (a) If a partial redemption of the Securities would result in the delisting of the Preferred Securities issued by the Trust from any national securities exchange or other organization on which the Preferred Securities are listed, the Company shall not be permitted to effect such partial redemption and may only redeem the Securities in whole.
(b) The Company may not redeem any Securities unless all accrued and unpaid interest thereon (including, to the extent permitted by law, Additional Payments, if any) has been or is contemporaneously paid (or duly provided for) for all quarterly interest payment periods terminating on or prior to the date of notice of redemption.. ARTICLE TWELVE
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