Common use of Debentures Due on Redemption Dates Clause in Contracts

Debentures Due on Redemption Dates. Upon a Redemption Notice having been given as provided in Section 3.2, all the Debentures so called for redemption or the principal amount to be redeemed of the Debentures called for redemption, as the case may be, shall thereupon be and become due and payable at the Redemption Price, together with accrued interest to but excluding the Redemption Date, on the Redemption Date specified in such notice, in the same manner and with the same effect as if it were the Maturity Date specified in such Debentures, anything therein or herein to the contrary notwithstanding. From and after such Redemption Date, if the monies necessary to redeem such Debentures shall have been deposited as provided in Section 3.9 and affidavits or other proof satisfactory to the Trustee as to the publication and/or mailing of such Redemption Notices shall have been lodged with it, interest upon the Debentures shall cease. If any question shall arise as to whether any notice has been given as above provided and such deposit made, such question shall be decided by the Trustee whose decision shall be final and binding upon all parties in interest.

Appears in 2 contracts

Samples: Indenture, Indenture

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Debentures Due on Redemption Dates. Upon a Redemption Notice having been given as provided in Section 3.2aforesaid, all the Debentures so called for redemption or the principal amount to be redeemed of the Debentures called for redemption, as the case may be, shall thereupon be and become due and payable at the Redemption Price, together with accrued interest to but excluding the Redemption Date, on the Redemption Date specified in such notice, in the same manner and with the same effect as if it were the Maturity Date date of maturity specified in such Debentures, anything therein or herein to the contrary notwithstanding. From , and from and after such Redemption Date, if the monies moneys necessary to redeem redeem, or the Trust Units to be issued to redeem, such Debentures shall have been deposited as provided in Section 3.9 4.5 (unless payment of the Redemption Price shall not be made on presentation for surrender of such Debenture) and affidavits or other proof satisfactory to the Trustee as to the publication and/or mailing of such Redemption Notices notices shall have been lodged with it, interest upon the Debentures shall cease. If any question shall arise as to whether any notice has been given as above provided and such deposit made, such question shall be decided by the Trustee whose decision shall be final and binding upon all parties in interest.

Appears in 1 contract

Samples: Trust Indenture (Algonquin Power Income Fund)

Debentures Due on Redemption Dates. Upon a Redemption Notice having been given as provided in Section 3.2aforesaid, all the Debentures so called for redemption or the principal amount to be redeemed of the Debentures called for redemption, as the case may be, shall thereupon be and become due and payable at the Redemption Price, together with accrued interest to but excluding the Redemption Dateredemption price, on the Redemption Date redemption date specified in such notice, in the same manner and with the same effect as if it were the Maturity Date date of maturity specified in such Debentures, anything therein or herein to the contrary notwithstanding. From , and from and after such Redemption Dateredemption date, if the monies moneys necessary to redeem such Debentures shall have been deposited as provided in Section 3.9 4.5 and affidavits or other proof satisfactory to the Trustee as to the publication and/or mailing of such Redemption Notices notices shall have been lodged with it, interest upon the said Debentures shall ceasecease and coupons for interest to accrue after the said date upon the said Debentures shall become and be void. If In the case any question shall arise as to whether any notice has been given as above provided and such deposit made, such question shall be decided by the Trustee whose decision shall be final and binding upon all parties in interest.

Appears in 1 contract

Samples: Trust Indenture (Talisman Energy Inc)

Debentures Due on Redemption Dates. Upon a Redemption Notice having been given as provided in Section 3.2aforesaid, all the Debentures so called for redemption or the principal amount to be redeemed of the Debentures called for redemption, as the case may be, shall thereupon be and become due and payable at the Redemption Price, together with accrued interest to but excluding the Redemption Date, on the Redemption Date specified in such notice, in the same manner and with the same effect as if it were the Maturity Date date of maturity specified in such Debentures, anything therein or herein to the contrary notwithstanding. From , and from and after such Redemption Date, if the monies moneys necessary to redeem redeem, or the Issuer Shares to be issued to redeem, such Debentures shall have been deposited as provided in Section 3.9 4.5 (unless payment of the Redemption Price shall not be made on presentation for surrender of such Debenture) and affidavits or other proof satisfactory to the Trustee as to the publication and/or mailing of such Redemption Notices notices shall have been lodged with it, interest upon the Debentures shall cease. If any question shall arise as to whether any notice has been given as above provided and such deposit made, such question shall be decided by the Trustee whose decision shall be final and binding upon all parties in interest.

Appears in 1 contract

Samples: Trust Indenture (Algonquin Power & Utilities Corp.)

Debentures Due on Redemption Dates. Upon a Redemption Notice having been given as provided in Section 3.2aforesaid, all the Debentures so called for redemption or the principal amount to be redeemed of the Debentures called for redemption, as the case may be, shall thereupon be and become due and payable at the Redemption Price, together with accrued interest to but excluding the Redemption Dateredemption price, on the Redemption Date redemption date specified in such noticenotice (the "Redemption Date"), in the same manner and with the same effect as if it were the Maturity Date date of maturity specified in such Debentures, anything therein or herein to the contrary notwithstanding. From , and from and after such Redemption Date, if the monies moneys necessary to redeem redeem, or the Common Shares to be issued to redeem, such Debentures shall have been deposited as provided in Section 3.9 4.5 and affidavits or other proof satisfactory to the Indenture Trustee as to the publication and/or mailing of such Redemption Notices notices shall have been lodged with it, interest upon the Debentures shall ceasecease and coupons for interest to accrue after the date upon the Debentures shall become and be void. If any question shall arise as to whether any notice has been given as above provided and such deposit made, such question shall be decided by the Indenture Trustee whose decision shall be final and binding upon all parties in interest.

Appears in 1 contract

Samples: Trust Indenture

Debentures Due on Redemption Dates. Upon a Redemption Notice having been given as provided in Section 3.2aforesaid, all the Debentures so called for redemption or the principal amount to be redeemed of the Debentures called for redemption, as the case may be, shall thereupon be and become due and payable at the Redemption Price, together with accrued but unpaid interest to but excluding the Redemption Date, on the Redemption Date specified in such notice, in the same manner and with the same effect as if it were the Maturity Date date of maturity specified in such Debentures, anything therein or herein to the contrary notwithstanding. From , and from and after such Redemption Date, if the monies moneys necessary to redeem redeem, or the Freely Tradeable Common Shares to be issued to redeem, such Debentures shall have been deposited as provided in Section 3.9 4.5 (unless payment of the Redemption Price, or delivery of such Common Shares, shall not be made on presentation for surrender of such Debenture) and affidavits or other proof satisfactory to the Debenture Trustee as to the publication and/or mailing of such Redemption Notices notices shall have been lodged with it, interest upon the Debentures shall cease. If any question shall arise as to whether any notice has been given as above provided and such deposit made, such question shall be decided by the Debenture Trustee whose decision shall be final and binding upon all parties in interest.

Appears in 1 contract

Samples: Trust Indenture (Wi-Lan Inc.)

Debentures Due on Redemption Dates. Upon a Redemption Notice having been given as provided in Section 3.2aforesaid, all the Debentures so called for redemption or the principal amount to be redeemed of the Debentures called for redemption, as the case may be, shall thereupon be and become due and payable at the Redemption Price, together with accrued interest to but excluding the Redemption Date, on the Redemption Date specified in such notice, in the same manner and with the same effect as if it were the Maturity Date date of maturity specified in such Debentures, anything therein or herein to the contrary notwithstanding. From , and from and after such Redemption Date, if the monies necessary to redeem redeem, or the Trust Units to be issued to redeem, such Debentures shall have been deposited as provided in i n Section 3.9 4.5 and affidavits or other proof satisfactory to the Debenture Trustee as to the publication and/or mailing of such Redemption Notices notices shall have been lodged with it, interest upon the Debentures shall cease. If any question shall arise as to whether any notice has been given as above provided and such deposit made, such question shall be decided by the Debenture Trustee whose decision shall be final and binding upon all parties in interest.

Appears in 1 contract

Samples: Trust Indenture (Penn West Energy Trust)

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Debentures Due on Redemption Dates. Upon a Redemption Notice having been given as provided in Section 3.2aforesaid, all the Debentures so called for redemption or the principal amount to be redeemed of the Debentures called for redemption, as the case may be, shall thereupon be and become due and payable at the Redemption Price, together with accrued but unpaid interest to but excluding the Redemption Date, on the Redemption Date specified in such notice, in the same manner and with the same effect as if it were the Maturity Date date of maturity specified in such Debentures, anything therein or herein to the contrary notwithstanding. From , and from and after such Redemption Date, if the monies moneys necessary to redeem redeem, or the Freely Tradeable Shares to be issued to redeem, such Debentures shall have been deposited as provided in Section 3.9 4.5 (unless payment of the Redemption Price, or delivery of such Shares, shall not be made on presentation for surrender of such Debenture) and affidavits or other proof satisfactory to the Trustee as to the publication and/or mailing of such Redemption Notices notices shall have been lodged with it, interest upon the Debentures shall cease. If any question shall arise as to whether any notice has been given as above provided and such deposit made, such question shall be decided by the Trustee whose decision shall be final and binding upon all parties in interest.

Appears in 1 contract

Samples: Indenture (Kirkland Lake Gold Ltd.)

Debentures Due on Redemption Dates. Upon a delivery of the Redemption Notice having been given as provided in Section 3.2Notice, all the Debentures so called for redemption or the principal amount to be redeemed of the Debentures called for redemption, as the case may be, shall thereupon be and become due and payable at the Redemption Price, together with accrued and unpaid interest to but excluding the Redemption DateDate (less any taxes required to be deducted or withheld), on the Redemption Date specified in such notice, in the same manner and with the same effect as if it were the Maturity Date specified in such DebenturesDate, anything therein or herein to the contrary notwithstanding. From , and from and after such Redemption Date, if the monies necessary to redeem redeem, or the Common Shares to be issued to redeem, such Debentures shall have been deposited as provided in Section 3.9 4.5 and affidavits or other proof satisfactory to the Debenture Trustee as to the publication and/or mailing of such Redemption Notices notices shall have been lodged with it, interest upon the Debentures shall cease. If any question shall arise as to whether any notice Redemption Notice has been given as above provided and such deposit made, such question shall be decided by the Debenture Trustee whose decision shall be final and binding upon all parties in interest.

Appears in 1 contract

Samples: Note Indenture (PENGROWTH ENERGY Corp)

Debentures Due on Redemption Dates. Upon a Redemption Notice Subject to Section 2.4(g) with respect to the calculation of interest in connection with the redemption of the Initial Debentures, notice having been given as provided in Section 3.2aforesaid, all the Debentures so called for redemption or the principal amount to be redeemed of the Debentures called for redemption, as the case may be, shall thereupon be and become due and payable at the Redemption Price, Price together with accrued but unpaid interest to but excluding the Redemption Date, on the Redemption Date redemption date specified in such noticeRedemption Notice (the "Redemption Date"), in the same manner and with the same effect as if it were the Maturity Date date of maturity specified in such Debentures, anything therein or herein to the contrary notwithstanding. From , and from and after such Redemption Date, if the monies necessary to redeem such Debentures shall have been deposited as provided in Section 3.9 4.5 and affidavits or other proof satisfactory to the Indenture Trustee as to the publication and/or mailing of such Redemption Notices notices shall have been lodged in good order with it, it and interest upon the Debentures shall cease. If any question shall arise as to whether any notice has been given as above provided and such deposit made, such question shall be decided by the Indenture Trustee whose decision shall be final and binding upon all parties in interest.

Appears in 1 contract

Samples: Trust Indenture

Debentures Due on Redemption Dates. Upon a Redemption Notice notice having been given as provided in Section 3.2aforesaid, all the Debentures so called for redemption or subject to the principal amount to be redeemed of the Debentures called for redemption, as the case may be, Redemption Notice shall thereupon be and become due and payable at the Redemption Price, together with accrued interest to but excluding the Redemption DateDate (less any taxes required to be deducted or withheld), on the Redemption Date specified in such notice, in the same manner and with the same effect as if it were the Maturity Date specified in such Debentures, anything therein or herein to the contrary notwithstanding. From , and from and after such Redemption Date, if the monies necessary to redeem redeem, or the Units to be issued to redeem, such Debentures shall have been deposited as provided in Section 3.9 4.5 and affidavits or other proof satisfactory to the Debenture Trustee as to the publication and/or mailing of such Redemption Notices notices shall have been lodged with it, interest upon the Debentures shall cease. If any question shall arise as to whether any notice has been given as above provided and such deposit made, such question shall be decided by the Debenture Trustee whose decision shall be final and binding upon all parties in interest.

Appears in 1 contract

Samples: Trust Indenture (Penn West Energy Trust)

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