Common use of Clean-Up Call Redemption Clause in Contracts

Clean-Up Call Redemption. (a) At the written direction of the Collateral Manager to the Issuer, the Collateral Trustee and the Loan Agent, with a copy to the Rating Agency, at least twenty (20) Business Days prior to the proposed Redemption Date, the Secured Debt shall be subject to redemption by the Applicable Issuer, in whole but not in part, at the applicable Redemption Price, on any Business Day after the Non-Call Period on which the Collateral Principal Amount is less than 10% of the Target Initial Par Amount. 176

Clean-Up Call Redemption. (a) At the written direction of the Collateral Manager delivered to the Issuer, the Collateral Trustee Issuer and the Loan Agent, with a copy to the Rating Agency, at least twenty (20) Trustee not later than 15 Business Days prior to the proposed Redemption DateDate specified in such direction, the Secured Debt shall will be subject to redemption by the Applicable Issuer, in whole but not in partpart (a “Clean-Up Call Redemption”), at the applicable Redemption PricePrice therefor, on any Business Day Payment Date after the Non-Call Period on which the Collateral Principal Amount is less than 1020% of the Target Initial Par Amount. 176.

Clean-Up Call Redemption. (a) At the written direction of the Collateral Manager to the Issuer, Issuer and the Collateral Trustee and the Loan AgentTrustee, with a copy to the Rating Agency, at least twenty (20) Business Days prior to the proposed Redemption Date, the Secured Debt shall be subject to redemption or prepayment, as applicable, by the Applicable Issuer, in whole but not in part, at the applicable Redemption Price, on any Business Day after the Non-Call Period on which the Collateral Principal Amount is less than 10% of the Target Initial Par Amount. 176.

Clean-Up Call Redemption. (a) At the written direction of the Collateral Manager to the Issuer, the Collateral Trustee and the Loan Agent, with a copy to the Rating Agency, at least twenty (20) Business Days prior to the proposed Redemption Date, the Secured Debt shall be subject to redemption by the Applicable Issuer, in whole but not in part, at the applicable Redemption Price, on any Business Day after the Non-Call Period on which the Collateral Principal Amount is less than 10% of the Target Initial Par Amount. 176.