Common use of Deposit of Redemption or Purchase Price Clause in Contracts

Deposit of Redemption or Purchase Price. Prior to 11:00 a.m. Eastern Time on the redemption or purchase date, the Issuers shall deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, the redemption price of the Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall promptly return to the Operating Partnership any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest on, all Notes to be redeemed or purchased. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.

Appears in 2 contracts

Samples: Indenture (QualityTech, LP), Indenture (QualityTech, LP)

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Deposit of Redemption or Purchase Price. Prior to 11:00 a.m. Eastern New York City Time on the redemption or purchase date, the Issuers shall will deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued interest, if any, on all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase that date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall will promptly return return, on or following the applicable redemption or repurchase date, to the Operating Partnership Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest oninterest, if any, on all Notes to be redeemed or purchased. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest a record date but on or prior to the related corresponding interest payment date, then any accrued and unpaid interest interest, if any, up to, but excluding, the redemption date or purchase date shall be paid on the redemption date or purchase date to the Person in whose name such Note was registered at the close of business on such record datedate in accordance with the applicable procedures of DTC. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 3.1 hereof.

Appears in 2 contracts

Samples: Indenture (Pactiv Evergreen Inc.), Indenture (Pactiv Evergreen Inc.)

Deposit of Redemption or Purchase Price. Prior to 11:00 No later than 10:00 a.m. Eastern Time New York City time on the redemption Redemption Date or purchase datePurchase Date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued and unpaid interest and Additional Amounts, if any, on all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on that date other than Notes or portions of Notes called for redemption that have been delivered by the applicable purchase date, as Company to the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may beRegistrar for cancelation. The Trustee or the Paying Agent shall promptly return to the Operating Partnership Company any money deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest onand unpaid interest, if any, and Additional Amounts, if any, on all Notes to be redeemed or purchased. The Trustee or Paying Agent shall inform the Company of the existence of such amounts as reasonably practicable after such excess amounts are deposited with the Trustee or Paying Agent. If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption Redemption Date or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date a Record Date but on or prior to the related interest payment dateInterest Payment Date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record dateRecord Date. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Company to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption Redemption Date or purchase date until such principal is paid, and to the extent lawful lawful, on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 ("Payment of Notes") hereof.

Appears in 1 contract

Samples: Indenture (Ocean Rig UDW Inc.)

Deposit of Redemption or Purchase Price. Prior One Business Day prior to 11:00 a.m. Eastern Time on the redemption or purchase date, the Issuers shall Issuer will deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase date, as the case may be, that date together with the accrued and unpaid interestinterest and Additional Amounts, if any, thereon, to, but excluding, such the applicable redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall will promptly return to the Operating Partnership Issuer any money deposited with the Trustee or the Paying Agent by the Issuers Issuer in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest on, of all Notes to be redeemed or purchasedpurchased on that date together with accrued and unpaid interest and Additional Amounts, if any, thereon, to, but excluding, the applicable redemption or purchase date. In connection with any redemption or Offer to Purchase, the applicable Guarantor shall make a prepayment on its Intercompany Note to the extent necessary to allow the Issuer to consummate such redemption or Offer to Purchase, as the case may be, and the Issuer shall thereupon consummate such redemption or Offer to Purchase, as the case may be, in accordance with the terms of this Indenture. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, on and after the redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture (QGOG Constellation S.A.)

Deposit of Redemption or Purchase Price. Prior to 11:00 10:00 a.m. Eastern Time on the redemption re- demption or purchase date, the Issuers shall Issuer will deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued interest and Additional Amounts, if any, on, all Notes to be redeemed on the applicable redemption date re- deemed or the purchase price of the Notes to be purchased on the applicable purchase that date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall will promptly return to the Operating Partnership Issuer any money deposited with the Trustee or the Paying Agent by the Issuers Issuer in excess of the amounts necessary to pay the redemption redemp- tion or purchase price of, and accrued interest and Additional Amounts, if any, on, all Notes to be redeemed or purchasedpur- chased. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, on and after the redemption or purchase pur- chase date, interest and Additional Amounts, if any, will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Issuer to comply with the preceding pre- ceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 3.1 hereof.

Appears in 1 contract

Samples: Indenture

Deposit of Redemption or Purchase Price. Prior to (a) By 11:00 a.m. Eastern Time on the redemption applicable Redemption Date or purchase datePurchase Date, the Issuers shall Issuer will deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued interest, if any, on all Notes of a series to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase that date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall will promptly return to the Operating Partnership Issuer any money deposited with the Trustee or the Paying Agent by the Issuers Issuer in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest interest, if any, on, all Notes to be redeemed or purchased. . (b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption applicable Redemption Date or purchase datePurchase Date, interest interest, if any, will cease to accrue on the Notes of such series or the portions of Notes of such series called for redemption or surrendered for purchase. If a Note of a series is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note of such series was registered at the close of business on such record date. If any Note of a series called for redemption or surrendered for purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Issuer to comply with the preceding paragraphSection 3.05(a), interest shall be paid on the unpaid principal, from the redemption applicable Redemption Date or purchase date Purchase Date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes of such series and in Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture (Dte Energy Co)

Deposit of Redemption or Purchase Price. Prior to (a) By no later than 11:00 a.m. Eastern Time (New York City time) on the redemption or purchase date, the Issuers shall deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued and unpaid interest on all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase that date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or Paying Agent shall promptly distribute to each Holder whose Notes are to be redeemed or repurchased the applicable redemption or purchase price thereof and accrued and unpaid interest thereon, if any. The Trustee or Paying Agent shall promptly return to the Operating Partnership Issuers any money deposited with the Trustee or the Paying Agent Agents by the Issuers in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest and unpaid interest, if any, on, all Notes to be redeemed or purchased. . (b) If the Issuers comply with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption or purchase date, interest will shall cease to accrue on the Notes or the portions of Notes called for redemption or purchasepurchase whether or not such Notes are presented for payment, and the Holders of such Notes shall have no further rights with respect to such Notes except the right to receive such payment of the redemption price and accrued and unpaid interest, if any, on such Notes upon surrender of such Notes. If a Note is redeemed or purchased on or after an interest record date a Record Date but on or prior to the related interest payment dateInterest Payment Date, then any accrued and unpaid interest to the redemption or purchase date shall be paid on the relevant Interest Payment Date to the Person in whose name such Note was registered at the close of business on such record dateRecord Date, and no additional interest shall be payable to Holders whose Notes shall be subject to redemption by the Issuers. If any Note called for redemption or purchase is shall not be so paid upon surrender for redemption or purchase because of the failure of the Issuers to comply with the preceding paragraphSection 3.05(a), interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture (Brookfield Residential Properties Inc.)

Deposit of Redemption or Purchase Price. Prior to (a) No later than 11:00 a.m. Eastern Time (New York City time) on the redemption or purchase datedate (or such later time as such date to which the Trustee may reasonably agree), the Issuers Company shall deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued and unpaid interest on all Notes to be redeemed or purchased on that date. If a Note is redeemed or purchased on or after a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest shall be paid to the Holder of record on such Record Date. The Paying Agent shall promptly deliver to each Holder whose Notes are to be redeemed or repurchased the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase date, as the case may be, together with the thereof and accrued and unpaid interestinterest thereon. Subject to applicable security procedures, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall promptly return to the Operating Partnership Company any money deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued and unpaid interest on, all Notes to be redeemed or purchased. . (b) If the Issuers comply Company complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption or purchase date, interest will shall cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date a Record Date but on or prior to the related interest payment dateInterest Payment Date, then any accrued and unpaid interest shall to the redemption or purchase date in respect of such Note will be paid on such redemption or purchase date to the Person in whose name such Note was is registered at the close of business on such record dateRecord Date. If any Note called for redemption or purchase is shall not be so paid upon surrender for redemption or purchase because of the failure of the Issuers Company to comply with the preceding paragraphSection 3.05(a), interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and and, to the extent lawful lawful, on any interest accrued to the redemption or purchase date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof4.01.

Appears in 1 contract

Samples: Senior Notes Indenture (Mativ Holdings, Inc.)

Deposit of Redemption or Purchase Price. (a) Prior to 11:00 a.m. Eastern Time (New York City time) on the redemption or purchase date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued and unpaid interest on all Notes to be redeemed or purchased on that date. Subject to receipt of funds from the Company or the Trustee (as applicable), the Paying Agent shall promptly send to each Holder whose Notes are to be redeemed or repurchased the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase date, as the case may be, together with the thereof and accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may beinterest thereon. The Trustee or the Paying Agent shall promptly return to the Operating Partnership Company any money deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued and unpaid interest on, all Notes to be redeemed or purchased. . (b) If the Issuers comply Company complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption or purchase date, interest will shall cease to accrue on the Notes or the portions of Notes called for redemption or purchasepurchase on and after such date. If a Note is redeemed or purchased on or after an interest record date a Record Date but on or prior to the related interest payment dateInterest Payment Date, then any accrued and unpaid interest interest, if any, to the redemption or purchase date shall be paid on the relevant Interest Payment Date to the Person in whose name such Note was registered at the close of business on such record dateRecord Date. If any Note called for redemption or purchase is shall not be so paid upon surrender for redemption or purchase because of the failure of the Issuers Company to comply with the preceding paragraphSection 3.05(a), interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest accrued to the redemption or purchase date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof4.01.

Appears in 1 contract

Samples: Indenture (Tesla, Inc.)

Deposit of Redemption or Purchase Price. Prior (a) No later than 10:00 a.m. (London time) on the date of redemption or purchase, the Issuer will deposit with the Paying Agent money sufficient to 11:00 a.m. Eastern Time on pay the redemption or purchase dateprice of, the Issuers shall deposit with the Trustee or with the Paying Agent (or accrued interest, Applicable Premium, if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal toany, and in satisfaction ofAdditional Amounts, the redemption price of the if any, on all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase that date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall will promptly return to the Operating Partnership Issuer any money deposited with the Trustee or the Paying Agent by the Issuers Issuer in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest onand Additional Amounts, if any, on all Notes to be redeemed or purchased. . (b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record datedate and no additional interest will be payable to Holders whose Notes will be subject to redemption by the Issuer. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Issuer to comply with the preceding paragraphSection 3.05(a), interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture (Inspired Entertainment, Inc.)

Deposit of Redemption or Purchase Price. Prior to 11:00 No later than 10:00 a.m. Eastern Time on the day of the redemption or purchase date, the Issuers shall Company will deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, the redemption price of the Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall promptly return to the Operating Partnership any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary sufficient to pay the redemption or purchase price of, and accrued interest on, all Notes to be redeemed or purchased on that date; provided in the event of a Special Mandatory Redemption pursuant to Article 13 hereof, no later than 10:00 a.m. Eastern Time on the day of the Escrow Redemption Date, the Company will deposit with the Trustee or with the Paying Agent cash in United States dollars sufficient, when taken together with the Escrowed Property to be released to the Trustee in accordance with the Escrow Agreement, to pay the Special Mandatory Redemption Amount. The Trustee or the Paying Agent will promptly return to the Company any money deposited with the Trus- tee or the Paying Agent by the Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest on all Notes to be redeemed or purchased. If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption or purchase datedate (including an Escrow Redemption Date), interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If any Note called for redemption redemp- tion or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Company to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture

Deposit of Redemption or Purchase Price. Prior to 11:00 a.m. Eastern Time No later than 12:00 p.m. (noon) New York City time on the redemption Redemption Date or, in the event of a purchase of Notes pursuant to Sections 4.19 or purchase date4.20 hereof, the Issuers Purchase Date, the Company shall deposit with the Trustee or with the Paying Agent (money sufficient to pay the redemption or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal topurchase price of, and in satisfaction ofaccrued interest on, the redemption price of the all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase such date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall promptly return to the Operating Partnership Company any money deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest on, all Notes to be redeemed or purchased. If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption Redemption Date or purchase datePurchase Date, as applicable, interest will shall cease to accrue on the Notes or the portions of Notes called for redemption or tendered for purchase. If a Note is redeemed or purchased on or after an interest record date a Record Date but on or prior to the related interest payment dateInterest Payment Date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record dateRecord Date. If any Note called for redemption or properly tendered for purchase and not withdrawn is not so paid upon surrender for redemption on the applicable Redemption Date or purchase Purchase Date, as applicable, because of the failure of the Issuers Company to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paidand, and to the extent lawful permitted by applicable law, unpaid interest from the Redemption Date or Purchase Date, as applicable, to but excluding the date on any which such principal and interest not paid on such unpaid principalis paid, in each case at the rate provided in the Notes and in accordance with Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture (SAExploration Holdings, Inc.)

Deposit of Redemption or Purchase Price. Prior to 11:00 (a) By no later than 10:00 a.m. Eastern Time (New York City time) on the redemption or purchase date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued and unpaid interest on all Notes to be redeemed or purchased on that date. The Paying Agent shall promptly mail to each Holder whose Notes are to be redeemed or repurchased the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase date, as the case may be, together with the thereof and accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may beinterest thereon. The Trustee or the Paying Agent shall promptly return to the Operating Partnership Company any money deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued and unpaid interest on, all Notes to be redeemed or purchased. . (b) If the Issuers comply Company complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption or purchase date, interest will shall cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date a Record Date but on or prior to the related interest payment dateInterest Payment Date, then any accrued and unpaid interest to the redemption or purchase date shall be paid on the relevant Interest Payment Date to the Person in whose name such Note was registered at the close of business on such record dateRecord Date, and no additional interest shall be payable to Holders whose Notes shall be subject to redemption by the Company. If any Note called for redemption or purchase is shall not be so paid upon surrender for redemption or purchase because of the failure of the Issuers Company to comply with the preceding paragraphSection 3.05(a), interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and and, to the extent lawful lawful, on any interest accrued to the redemption or purchase date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof4.01.

Appears in 1 contract

Samples: Indenture (Ero Copper Corp.)

Deposit of Redemption or Purchase Price. Prior (a) No later than 10:00 a.m. (London time) on the Business Day prior to 11:00 a.m. Eastern Time on the redemption or purchase date, the Issuers shall Issuer will deposit with the Trustee or with the Paying Agent (money in U.S. dollars sufficient to pay the redemption or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal topurchase price of, and in satisfaction ofaccrued interest and Additional Amounts (if any) on, the redemption price of the all Senior Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase that date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall will promptly return to the Operating Partnership Issuer any money deposited with the Trustee or the Paying Agent Agent, as applicable, by the Issuers Issuer in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest and Additional Amounts, if any, on, all Senior Notes to be redeemed purchased or purchasedredeemed. The Issuer shall, no later than 10:00 a.m. (London time) on the second Business Day prior to the date on which the applicable Paying Agent receives payment, procure that the bank effecting payment for it confirms by fax or tested SWIFT MT100 message to the relevant Paying Agent that an irrevocable instruction has been given. (b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphSection 3.05(a) hereof, on and after the redemption or purchase date, interest will cease to accrue on the Senior Notes or the portions of Senior Notes called for redemption or purchase. If a Senior Note is redeemed or purchased on or after an interest a record date for the payment of interest but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Senior Note was registered at the close of business on such record date. If any Senior Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Issuer to comply with the preceding paragraphSection 3.05(a) hereof, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Senior Notes and in Section 4.01 hereof.

Appears in 1 contract

Samples: Senior Notes Indenture (IHS Holding LTD)

Deposit of Redemption or Purchase Price. Prior to 11:00 a.m. Eastern Time on the redemption or purchase date, the Issuers shall Issuer will deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued interest on, all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase that date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall will promptly return to the Operating Partnership Issuer any money deposited with the Trustee or the Paying Agent by the Issuers Issuer in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest oninterest, on all Notes to be redeemed or purchased. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, on and after the redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest a record date but on or prior to the related corresponding interest payment date, then any accrued and unpaid interest up to, but excluding, the redemption date or purchase date shall be paid on the redemption date or purchase date to the Person in whose name such Note was registered at the close of business on such record datedate in accordance with the applicable procedures of DTC. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 3.1 hereof.

Appears in 1 contract

Samples: Indenture (INC Research Holdings, Inc.)

Deposit of Redemption or Purchase Price. Prior (a) No later than 10:00 a.m. (New York City time) with respect to 11:00 a.m. Eastern Time the Notes, on the each date of redemption or purchase datepurchase, the Issuers shall will deposit with the Trustee or with the Principal Paying Agent (money sufficient to pay the redemption or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agentpurchase price of, accrued interest, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal toApplicable Premium, if any, and in satisfaction ofAdditional Amounts, the redemption price of the if any, on all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase that date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Principal Paying Agent shall will promptly return to the Operating Partnership Issuers any money deposited with the Trustee or the Principal Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption or purchase price of, accrued interest, the Applicable Premium, if any, and accrued interest onAdditional Amounts, if any, on all Notes to be redeemed or purchased. . (b) If the Issuers comply with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers to comply with the preceding paragraphSection 3.05(a), interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture (Ardagh Metal Packaging S.A.)

Deposit of Redemption or Purchase Price. Prior to (a) No later than 11:00 a.m. Eastern Time (New York City time) on the redemption or purchase datedate (or such later time as such date to which the Trustee may reasonably agree), the Issuers Company shall deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued and unpaid interest on all Notes to be redeemed or purchased on that date. If a Note is redeemed or purchased on or after a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest shall be paid to the Holder of record on such Record Date. The Paying Agent shall promptly mail to each Holder whose Notes are to be redeemed or repurchased the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase date, as the case may be, together with the thereof and accrued and unpaid interestinterest thereon. Subject to applicable security procedures, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall promptly return to the Operating Partnership Company any money deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued and unpaid interest on, all Notes to be redeemed or purchased. . (b) If the Issuers comply Company complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption or purchase date, interest will shall cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date a Record Date but on or prior to the related interest payment dateInterest Payment Date, then any accrued and unpaid interest shall to the redemption or purchase date in respect of such Note will be paid on such redemption or purchase date to the Person in whose name such Note was is registered at the close of business on such record dateRecord Date. If any Note called for redemption or purchase is shall not be so paid upon surrender for redemption or purchase because of the failure of the Issuers Company to comply with the preceding paragraphSection 3.05(a), interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and and, to the extent lawful lawful, on any interest accrued to the redemption or purchase date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof4.01.

Appears in 1 contract

Samples: Senior Notes Indenture (Schweitzer Mauduit International Inc)

Deposit of Redemption or Purchase Price. Prior to 11:00 Not later than 10:00 a.m. Eastern Time (New York City time) on the redemption or purchase date, except as may be provided in Section 3.03 if any such redemption is subject to any condition precedent, the Issuers shall Company will deposit with the Trustee or with the Paying Agent (money sufficient to pay the redemption or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal topurchase price of, and in satisfaction of, the redemption price of the Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase date, as the case may be, together with the accrued and unpaid interest, toif any, but excludingon, such redemption date all Notes to be redeemed or purchase purchased on that date, as the case may be. The Trustee or the Paying Agent shall will promptly return to the Operating Partnership Company any money deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest and unpaid interest, if any, on, all Notes to be redeemed or purchased. If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date, and no additional interest will be payable to Holders whose Notes will be subject to redemption by the Company. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Company to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture (Tennant Co)

Deposit of Redemption or Purchase Price. Prior (a) No later than 3:00 p.m. (London time) on each Business Day immediately prior to 11:00 a.m. Eastern Time on such date of redemption or purchase, the Issuer will deposit with the Paying Agent money sufficient to pay the redemption or purchase dateprice of, accrued interest, the Issuers shall deposit with the Trustee or with the Paying Agent (or relevant Applicable Premium, if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal toany, and in satisfaction ofAdditional Amounts, the redemption price of the if any, on all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase datesuch date of redemption or purchase; provided, as the case may behowever, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or that the Paying Agent and the Trustee shall not charge the Issuer any fee and the Issuer shall not incur any expense relating to the deposit of funds one Business Day prior to the relevant date of redemption or purchase in compliance with this Section 3.04. The Paying Agent will promptly return to the Operating Partnership Issuer any money deposited with the Trustee or the Paying Agent by the Issuers Issuer in excess of the amounts necessary to pay the redemption or purchase price of, accrued interest, the relevant Applicable Premium, if any, and accrued interest onAdditional Amounts, if any, on all Notes to be redeemed or purchased. . (b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphSection 3.04(a), on and after the redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Issuer to comply with the preceding paragraphSection 3.04(a), interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case case, at the rate provided in the Notes and in Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture (InterXion Holding N.V.)

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Deposit of Redemption or Purchase Price. Prior (a) No later than 12:00 p.m. (London time) on the Business Day prior to 11:00 a.m. Eastern Time on the redemption or purchase date, the Issuers shall Issuer will deposit with the Trustee or with the Paying Agent (money in euro sufficient to pay the redemption or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal topurchase price of, and in satisfaction ofaccrued interest and Additional Amounts (if any) on, the redemption price of the all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase that date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall will promptly return to the Operating Partnership Issuer any money deposited with the Trustee or the Paying Agent Agent, as applicable, by the Issuers Issuer in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest and Additional Amounts, if any, on, all Notes to be redeemed purchased or purchasedredeemed. The Issuer shall, no later than 10:00 a.m. (London time) on the second Business Day prior to the date on which the applicable Paying Agent receives payment, procure that the bank effecting payment for it confirms by fax or tested SWIFT MT100 message to the relevant Paying Agent that an irrevocable instruction has been given. (b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest a record date for the payment of interest but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Issuer to comply with the preceding paragraphSection 3.05(a), interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture

Deposit of Redemption or Purchase Price. Prior One Business Day prior to 11:00 a.m. Eastern Time on the redemption or purchase date, the Issuers shall Company will deposit with the Trustee or with the Paying Agent (money sufficient to pay the redemption or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction purchase price of, the redemption price of the accrued interest and Special Interest, if any, on all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on that date; provided in the applicable purchase dateevent of a Special Mandatory Redemption pursuant to Article 12 hereof, as one Business Day prior to the case may beEscrow Redemption Date, the Company will deposit with the Trustee or with the Paying Agent cash in United States dollars sufficient, when taken together with the accrued and unpaid interestEscrowed Property to be released to the Trustee in accordance with the Escrow Agreement, to, but excluding, such redemption date or purchase date, as to pay the case may beSpecial Mandatory Redemption Amount. The Trustee or the Paying Agent shall will promptly return to the Operating Partnership Company any money deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest onand Special Interest, if any, on all Notes to be redeemed or purchased. If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption or purchase datedate (including an Escrow Redemption Date), interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Company to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture (Hecla Mining Co/De/)

Deposit of Redemption or Purchase Price. Prior to 11:00 No later than 10:00 a.m. Eastern Time (GMT) on the relevant redemption or purchase date, the Issuers shall Issuer will deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption price of the Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase date, as the case may be, together with the and accrued and unpaid interest, toif any, but excludingand Additional Amounts, such if any, on all Notes to be redeemed or purchased on that date other than Notes or portions of Notes called for redemption date or purchase date, as that have been delivered by the case may beIssuer to the Trustee for cancellation. The Trustee or the Paying Agent shall will promptly return to the Operating Partnership Issuer any money deposited with the Trustee or the Paying Agent by the Issuers Issuer in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest and unpaid interest, if any, and Additional Amounts, if any, on, all Notes to be redeemed or purchased. Neither the Trustee nor any Agent shall be required to pay out any money without first having been placed in funds. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, on and after the redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note purchase unless the Paying Agent is redeemed or purchased on or after an interest record date but on or prior prohibited from making such redemption payment pursuant to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close terms of business on such record datethis Indenture. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.

Appears in 1 contract

Samples: Senior Notes Indenture (Birkenstock Holding LTD)

Deposit of Redemption or Purchase Price. Prior to (a) No later than 11:00 a.m. Eastern Time (New York City time) on the redemption or purchase datedate (or such later time as such date to which the Trustee may reasonably agree), the Issuers Company shall deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued and unpaid interest on all Notes to be redeemed or purchased on that date. If a Note is redeemed or purchased on or after a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest shall be paid to the Holder of record on such Record Date. The Paying Agent shall promptly mail to each Holder whose Notes are to be redeemed or repurchased the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase date, as the case may be, together with the thereof and accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may beinterest thereon. The Trustee or the Paying Agent shall promptly return to the Operating Partnership Company any money deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued and unpaid interest on, all Notes to be redeemed or purchased. . (b) If the Issuers comply Company complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption or purchase date, interest will shall cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date a Record Date but on or prior to the related interest payment dateInterest Payment Date, then any accrued and unpaid interest shall to but excluding the redemption or purchase date in respect of such Note will be paid on such redemption or purchase date to the Person in whose name such Note was is registered at the close of business on such record dateRecord Date. If any Note called for redemption or purchase is shall not be so paid upon surrender for redemption or purchase because of the failure of the Issuers Company to comply with the preceding paragraphSection 3.05(a), interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and and, to the extent lawful lawful, on any interest accrued to but excluding the redemption or purchase date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof4.01.

Appears in 1 contract

Samples: Senior Notes Indenture (Brinker International Inc)

Deposit of Redemption or Purchase Price. Prior to 11:00 a.m. Eastern Time (a) No later than 12:00 p.m. (New York City time) on the redemption or purchase date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued and unpaid interest on all Notes to be redeemed or purchased on that date. If a Note is redeemed or purchased on or after a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest shall be paid to the Holder of record on such Record Date. The Paying Agent shall promptly send to each Holder whose Notes are to be redeemed or repurchased the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase date, as the case may be, together with the thereof and accrued and unpaid interest, to, but excluding, interest thereon via wire transfer of immediately available funds to the accounts specified by such redemption date or purchase date, as the case may beHolders thereof. The Trustee or the Paying Agent shall promptly return to the Operating Partnership Company any money deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued and unpaid interest on, all Notes to be redeemed or purchased. . (b) If the Issuers comply Company complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption or purchase date, interest will shall cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date a Record Date but on or prior to the related interest payment dateInterest Payment Date, then any accrued and unpaid interest shall to the redemption or purchase date in respect of such Note will be paid on such redemption or purchase date to the Person in whose name such Note was is registered at the close of business on such record dateRecord Date. If any Note called for redemption or purchase is shall not be so paid upon surrender for redemption or purchase because of the failure of the Issuers Company to comply with the preceding paragraphSection 3.05(a), interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and and, to the extent lawful lawful, on any interest accrued to the redemption or purchase date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof‎Section 4.01.

Appears in 1 contract

Samples: Senior Notes Indenture (Kosmos Energy Ltd.)

Deposit of Redemption or Purchase Price. Prior to 11:00 10:00 a.m. Eastern Time on (Luxembourg time) one Business Day prior to the redemption or purchase date, the Issuers shall Company will deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued interest, if any, on all Notes to be redeemed or purchased on that date. Each amount payable hereunder shall be paid unconditionally by credit transfer in Euros and freely transferable, cleared funds on the applicable redemption date or specified above, except as otherwise agreed between the purchase price of Paying Agent and the Notes Company, to be purchased such account with such bank as the Paying Agent shall, by four Business Days’ prior notice to the Company, specify for such purpose. The Company shall procure that, before 10:00 a.m. (Luxembourg time) on the applicable third Business Day before each redemption or purchase date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or bank effecting payment to the Paying Agent shall confirms by authenticated SWIFT message to the Paying Agent the irrevocable payment instructions relating to such payment. The Paying Agent will promptly return to the Operating Partnership Company any money deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption or purchase price of, of and accrued interest oninterest, if any, on all Notes to be redeemed or purchased. If the Issuers comply Company complies with the provisions of the preceding paragraphparagraphs, on and after the redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Company to comply with the preceding paragraphparagraphs, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case case, at the rate provided in the Notes and in Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture (Jarden Corp)

Deposit of Redemption or Purchase Price. Prior One Business Day prior to 11:00 a.m. Eastern Time on the redemption or purchase date, the Issuers Operating Partnership shall deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary it has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, the redemption price of the Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase date, as the case may be, together with the accrued and unpaid interestinterest and Additional Interest, toif any, but excluding, to such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall promptly return to the Operating Partnership any money deposited with the Trustee or the Paying Agent by the Issuers Operating Partnership in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest and Additional Interest, if any, on, all Notes to be redeemed or purchased. If the Issuers comply Operating Partnership complies with the provisions of the preceding paragraph, on and after the redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Operating Partnership to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture (QTS Realty Trust, Inc.)

Deposit of Redemption or Purchase Price. Prior to 11:00 a.m. Eastern Time No later than 12:00 p.m. (noon) New York City time on the redemption Redemption Date or, in the event of a purchase of Notes pursuant to Sections 4.19 or 4.20 hereof, the purchase date, the Issuers shall Company will deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued interest on all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase that date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall will promptly return to the Operating Partnership Company any money deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest on, all Notes to be redeemed or purchased. If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date Record Date but on or prior to the related interest payment dateInterest Payment Date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record dateRecord Date. If any Note called for redemption or properly tendered for purchase and not withdrawn is not so paid upon surrender for redemption on the applicable Redemption Date or purchase date, as applicable, because of the failure of the Issuers Company to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paidand, and to the extent lawful permitted by applicable law, unpaid interest from the Redemption Date or purchase date, as applicable, to but excluding the date on any which such principal and interest not paid on such unpaid principalis paid, in each case at the rate provided in the Notes and in accordance with Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture (SAExploration Holdings, Inc.)

Deposit of Redemption or Purchase Price. Prior to 11:00 10:00 a.m. Eastern Time on the redemption or purchase date, the Issuers shall Issuer will deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued interest and Additional Interest, if any, on, all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase that date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall will promptly return to the Operating Partnership Issuer any money deposited with the Trustee or the Paying Agent by the Issuers Issuer in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest and Additional Interest, if any, on, all Notes to be redeemed or purchased. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, on and after the redemption or purchase date, interest and Additional Interest, if any, will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If the Issuer delivers global notes to the Trustee for cancellation on a date that is after the record date and on or before the next interest payment date, then interest shall be paid in accordance with the procedures of DTC. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 3.1 hereof.

Appears in 1 contract

Samples: Indenture (Churchill Downs Inc)

Deposit of Redemption or Purchase Price. Prior to (a) No later than 11:00 a.m. Eastern Time (London time) on the Business Day prior to the redemption or purchase date, the Issuers shall Issuer will deposit with the Trustee or with the Paying Agent (money in U.S. dollars sufficient to pay the redemption or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal topurchase price of, and in satisfaction ofaccrued interest and Additional Amounts (if any) on, the redemption price of the all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase that date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall will promptly return to the Operating Partnership Issuer any money deposited with the Trustee or the Paying Agent Agent, as applicable, by the Issuers Issuer in excess of the amounts necessary to pay the redemption or purchase price of, and accrued interest onand Additional Amounts, if any, on all Notes to be purchased or redeemed. (b) If notice of redemption has been given in the manner provided above, the Notes or portion of Notes specified in such notice to be redeemed or purchased. If shall become due and payable on the Issuers comply redemption date at the redemption price stated therein, together with the provisions of the preceding paragraphaccrued interest to such redemption date, and on and after such date (unless the Issuer shall default in the payment of such Notes at the redemption or purchase price and accrued interest to the redemption date, in which case the principal, until paid, shall bear interest will from the redemption date at the rate prescribed in the Notes) such Notes shall cease to accrue on the Notes or the portions interest. Upon surrender of Notes called any Note for redemption or purchase. If in accordance with a notice of redemption, such Note shall be paid and redeemed by the Issuer at the redemption price, together with accrued interest, if any, to the redemption date; provided that installments of interest whose Stated Maturity is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest redemption date shall be paid payable to the Person in whose name Holders registered as such Note was registered at the close of business on such the relevant record date. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.

Appears in 1 contract

Samples: Indenture (Danaos Corp)

Deposit of Redemption or Purchase Price. Prior to 11:00 10:00 a.m. Eastern Time (or such later time as may be agreed to by the Paying Agent or Trustee) on the any redemption or purchase date, the Issuers shall will deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued interest, if any, on all Notes to be redeemed on the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase that date, as the case may be, together with the accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may be. The Trustee or the Paying Agent shall will promptly return to the Operating Partnership Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption or purchase price of, of and accrued interest oninterest, if any, on all Notes to be redeemed or purchased. In addition, all money, if any, earned on funds held by the Trustee or the Paying Agent shall be remitted to the Partnership. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption or purchase date, interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Issuers to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereofNotes.

Appears in 1 contract

Samples: Indenture (Rentech Nitrogen Partners, L.P.)

Deposit of Redemption or Purchase Price. Prior to (a) By no later than 11:00 a.m. Eastern Time (Toronto time) on the Business Day prior to the redemption or purchase date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or if the Operating Partnership or one of its Restricted Subsidiaries is acting as Paying Agent, the Operating Partnership or such Restricted Subsidiary has segregated and holds in trust) funds in cash in an amount equal to, and in satisfaction of, money sufficient to pay the redemption or purchase price of the and accrued and unpaid interest on all Notes to be redeemed or purchased on that date. The Paying Agent shall promptly mail to each Holder whose Notes are to be redeemed or repurchased the applicable redemption date or the purchase price of the Notes to be purchased on the applicable purchase date, as the case may be, together with the thereof and accrued and unpaid interest, to, but excluding, such redemption date or purchase date, as the case may beinterest thereon. The Trustee or the Paying Agent shall promptly return to the Operating Partnership Company any money deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption or purchase price of, and accrued and unpaid interest on, all Notes to be redeemed or purchased. . (b) If the Issuers comply Company complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption or purchase date, interest will shall cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed or purchased on or after an interest record date a Record Date but on or prior to the related interest payment dateInterest Payment Date, then any accrued and unpaid interest to the redemption or purchase date shall be paid on the relevant Interest Payment Date to the Person in whose name such Note was registered at the close of business on such record dateRecord Date, and no interest shall be payable to Holders whose Notes shall be subject to redemption by the Company. If any Note called for redemption or purchase is shall not be so paid upon surrender for redemption or purchase because of the failure of the Issuers Company to comply with the preceding paragraphSection 3.05(a), interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and and, to the extent lawful lawful, on any interest accrued to the redemption or purchase date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof4.01.

Appears in 1 contract

Samples: Indenture (Banro Corp)

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