Common use of Company's Right of Redemption Clause in Contracts

Company's Right of Redemption. (a) Unless otherwise specified as contemplated by Section 301 with respect to the Securities of a particular series and notwithstanding any additional redemption rights that may be so specified, the Company may, at its option, redeem the Securities of any series after their date of issuance in whole at any time or in part from time to time, subject to the provisions of this clause (a) and the other provisions of this Article Eleven. Unless otherwise specified as contemplated by Section 301 with respect to the Securities of a particular series, the redemption price for any Security so redeemed pursuant to this clause (a) shall be equal to 100% of the principal amount of such Securities plus any accrued and unpaid interest, including any Additional Interest, to the date fixed for redemption. The Company shall not redeem the Securities in part unless all accrued and unpaid interest (including any Additional Interest) has been paid in full on all Securities Outstanding for all interest periods terminating on or prior to the date fixed for redemption. (b) In the case of the Securities of a series issued to an NVP Trust, except as otherwise specified as contemplated by Section 301, if a Special Event in respect of such NVP Trust shall occur and be continuing, the Company may, at its option, redeem the Securities of such series within 90 days of the occurrence of such Special Event, in whole but not in part, subject to the provisions of this clause (b) and the other provisions of this Article Eleven. The redemption price for any Security so redeemed pursuant to this clause (b) shall be equal to 100% of the principal amount of such Securities then Outstanding plus accrued and unpaid interest, including any Additional Interest, to the date fixed for redemption.

Company's Right of Redemption. (a) Unless otherwise specified as contemplated by Section 301 3.1 with respect to the Securities of a particular series and notwithstanding any additional redemption rights that may be so specified, the Company may, at its option, redeem the Securities of any series after their date of issuance in whole at any time or in part from time to time, subject to the provisions of this clause (a) and the other provisions of this Article ElevenXI. Unless otherwise specified as contemplated by Section 301 3.1 with respect to the Securities of a particular series, the redemption price for any Security so redeemed pursuant to this clause (a) shall be equal to 100% of the principal amount of such Securities plus any accrued and unpaid interest, including any Additional Interest, to the date fixed for redemption. The Company shall not redeem the Securities in part unless all accrued and unpaid interest (including any Additional Interest) has been paid in full on all Securities Outstanding for all interest periods terminating on or prior to the date fixed for redemption. (b) In the case of the Securities of a series issued to an NVP a Liberty Trust, except as otherwise specified as contemplated by Section 3013.1, if a Special Event in respect of such NVP Liberty Trust shall occur and be continuing, the Company may, at its option, redeem the Securities of such series within 90 days of the occurrence of such Special Event, in whole but not in part, subject to the provisions of this clause (b) and the other provisions of this Article Eleven. The redemption price for any Security so redeemed pursuant to this clause (b) shall be equal to 100% of the principal amount of such Securities then Outstanding plus accrued and unpaid interest, including any Additional Interest, to the date fixed for redemption.

Company's Right of Redemption. (a) Unless otherwise specified specified, as contemplated by Section 301 2.01, with respect to the Securities of a particular series and notwithstanding any additional redemption rights that may be so specified, the Company may, at its option, redeem the Securities of any series after their date of issuance in whole at any time or in part from time to time, subject to the provisions of this clause (a) and the other provisions of this Article ElevenIII. Unless otherwise specified specified, as contemplated by Section 301 2.01, with respect to the Securities of a particular series, the redemption price for any Security so redeemed pursuant to this clause (a) shall be equal to 100% of the principal amount of such Securities plus any accrued and unpaid interest, including any Additional Interest, if any, to the date fixed for redemption. The Company shall not redeem the Securities in part unless all accrued and unpaid interest (including any Additional Interest) has been paid in full on all Securities Outstanding for all interest periods terminating on or prior to the date fixed for redemption. (b) In the case of the Securities of a series issued to an NVP a Kingsway Financial Capital Trust, except as otherwise specified as contemplated by Section 3012.01, if a Special Event in respect of the Company or such NVP Kingsway Financial Capital Trust shall occur and be continuing, the Company may, at its option, upon not less than 30 days' prior notice nor more than 60 days' prior notice to Holders of the Securities of such series, redeem the Securities of such series within 90 days of the occurrence of such Special Event, in whole but not in part, subject to for cash within 180 days (the provisions "180-Day Period") following the occurrence of this clause (b) and the other provisions of this Article Eleven. The such Special Event at a redemption price for any Security so redeemed pursuant to this clause (b) shall be equal to 100% of the principal amount of such Securities then Outstanding to be redeemed plus accrued and unpaid interest, including any Additional Interest, interest thereon to the date fixed for redemption.

Company's Right of Redemption. (a) Unless otherwise specified as contemplated by Section 301 3.01 with respect to the Securities of a particular series and notwithstanding any additional redemption rights that may be so specified, the Company may, at its option, redeem the Securities of any series after their date of issuance in whole at any time or in part from time to time, subject to the provisions of this clause (a) and the other provisions of this Article ElevenXI. Unless otherwise specified as contemplated by Section 301 3.01 with respect to the 105 96 Securities of a particular series, the redemption price for any Security so redeemed pursuant to this clause (a) shall be equal to 100% of the principal amount of such Securities plus any accrued and unpaid interest, including any Additional Interest, to the date fixed for redemption. The Company shall not redeem the Securities in part unless all accrued and unpaid interest (including any Additional Interest) has been paid in full on all Securities Outstanding for all interest periods terminating on or prior to the date fixed for redemption. (b) In the case of the Securities of a series issued to an NVP a Bancorp Hawaii Capital Trust, except as otherwise specified as contemplated by Section 3013.01, if a Special Tax Event in respect of the Company or such NVP Bancorp Hawaii Capital Trust shall occur and be continuing, the Company may, at its option, redeem the Securities of such series within 90 days of the occurrence of such Special Tax Event, in whole but not in part, subject to the provisions of this clause (b) and the other provisions of this Article ElevenXI. The redemption price for any Security so redeemed pursuant to this clause (b) shall be equal to 100% of the principal amount of such Securities then Outstanding plus accrued and unpaid interest, including any Additional Interest, to the date fixed for redemption.

Company's Right of Redemption. (a) Unless otherwise specified as contemplated by Section 301 3.1 with respect to the Securities of a particular series and notwithstanding any additional redemption rights that may be so specified, the Company may, at its option, redeem the Securities of any series after their date of issuance in whole at any time or in part from time to time, subject to the provisions of this clause (a) and the other provisions of this Article ElevenXI. Unless otherwise specified as contemplated by Section 301 3.1 with respect to the Securities of a particular series, the redemption price for any Security so redeemed pursuant to this clause (a) shall be equal to 100% of the principal amount of such Securities plus any accrued and unpaid interest, including any Additional Interest, to the date fixed for redemption. The Company shall not redeem the Securities in part unless all accrued and unpaid interest (including any Additional Interest) has been paid in full on all Securities Outstanding for all interest periods terminating on or prior to the date fixed for redemption. (b) In the case of the Securities of a series issued to an NVP a Sierra Pacific Trust, except as otherwise specified as contemplated by Section 3013.1, if a Special Event in respect of such NVP Sierra Pacific Trust shall occur and be continuing, the Company may, at its option, redeem the Securities of such series within 90 days of the occurrence of such Special Event, in whole but not in part, subject to the provisions of this clause (b) and the other provisions of this Article Eleven. The redemption price for any Security so redeemed pursuant to this clause (b) shall be equal to 100% of the principal amount of such Securities then Outstanding plus accrued and unpaid interest, including any Additional Interest, to the date fixed for redemption.

Company's Right of Redemption. (a) Unless otherwise specified as contemplated by Section 301 2.01 with respect to the Securities of a particular series and notwithstanding any additional redemption rights that may be so specified, the Company may, at its option, redeem the Securities of any series after their date of issuance in whole at any time or in part from time to time, subject to the provisions of this clause (a) and the other provisions of this Article ElevenIII. Unless otherwise specified as contemplated by Section 301 2.01 with respect to the Securities of a particular series, the redemption price for any Security so redeemed pursuant to this clause (a) shall be equal to 100% of the principal amount of such Securities plus any accrued and unpaid interest, including any Additional Interest, interest to the date fixed for redemption. The Company shall not redeem the Securities in part unless all accrued and unpaid interest (including any Additional Interest) has been paid in full on all Securities Outstanding for all interest periods terminating on or prior to the date fixed for redemption. (b) In the case of the Securities of a series issued to an NVP a Kingsway Financial Capital Trust, except as otherwise specified as contemplated by Section 3012.01, if a Special Event in respect of the Company or such NVP Kingsway Financial Capital Trust shall occur and be continuing, the Company may, at its option, upon not less than 30 days' prior notice nor more than 60 days' prior notice to Holders of the Securities of such series, redeem the Securities of such series within 90 days of the occurrence of such Special Event, in whole but not in part, subject to for cash within 180 days (the provisions "180-Day Period") following the occurrence of this clause (b) and the other provisions of this Article Eleven. The such Special Event at a redemption price for any Security so redeemed pursuant to this clause (b) shall be equal to 100% of the principal amount of such Securities then Outstanding to be redeemed plus accrued and unpaid interest, including any Additional Interest, interest thereon to the date fixed for redemption.

Company's Right of Redemption. (a) Unless otherwise specified as contemplated by Section 301 3.1 with respect to the Securities of a particular series and notwithstanding any additional redemption rights that may be so specified, the Company may, at its option, redeem the Securities of any series after their date of issuance in whole at any time or in part from time to time, subject to the provisions of this clause Clause (a) and the other provisions of this Article Eleven. Unless otherwise specified as contemplated by Section 301 3.1 with respect to the Securities of a particular series, the redemption price for any Security so redeemed pursuant to this clause Clause (a) shall be equal to 100% of the principal amount of such Securities plus any accrued and unpaid interest, including any Additional Interest, to the date fixed for redemption. The Company shall not redeem the Securities in part unless all accrued and unpaid interest (including any Additional Interest) has been paid in full on all Securities Outstanding for all interest periods terminating on or prior to the date fixed for redemption. (b) In the case of the Securities of a series issued to an NVP a Lincoln Trust, except as otherwise specified as contemplated by Section 3013.1, if a Special Event in respect of such NVP Lincoln Trust shall occur and be continuing, the Company may, at its option, redeem the Securities of such series within 90 days of the occurrence of such Special Event, in whole but not in part, subject to the provisions of this clause Clause (b) and the other provisions of this Article Eleven. The redemption price for any Security so redeemed pursuant to this clause Clause (b) shall be equal to 100% of the principal amount of such Securities then Outstanding plus accrued and unpaid interest, including any Additional Interest, to the date fixed for redemption.