Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 7 contracts
Samples: Indenture (Atlas Pipeline Partners Lp), Indenture (Atlas Pipeline Partners Lp), Indenture (Atlas Pipeline Partners Lp)
Deposit of Redemption Price. Not later than On or before 11:00 a.m., a.m. (New York City time, ) on the redemption date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if other than the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereofan Affiliate of the Company) money sufficient to pay the redemption price ofprice, and together with accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, to the applicable redemption date on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, to the applicable redemption date on all Notes to be redeemed. If the Issuers comply Company has deposited with the provisions of Trustee or Paying Agent money sufficient to pay the preceding paragraphredemption price of, and unpaid and accrued interest, if any, on, all Notes to be redeemed, on and after the redemption dateredemption, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemptionredemption (regardless of whether certificates for such securities are actually surrendered). If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, principal from the redemption 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 hereof4.1.
Appears in 7 contracts
Samples: Indenture (Group 1 Automotive Inc), Indenture (Switch, Inc.), Indenture (SYNAPTICS Inc)
Deposit of Redemption Price. Not later than 11:00 a.m., (a) Prior to noon (New York City time), on the redemption dateRedemption Date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date applicable Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.
Appears in 6 contracts
Samples: Indenture (Summit Materials, Inc.), Indenture (Summit Materials, LLC), Indenture (Summit Materials, LLC)
Deposit of Redemption Price. Not later than 11:00 a.m., (a) Prior to 10:00 a.m. (New York City time, ) on the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.
Appears in 6 contracts
Samples: Indenture (Benefit Holding, Inc.), Indenture (Benefit Holding, Inc.), Indenture (Iqvia Holdings Inc.)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, On or before noon on the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money U.S. Legal Tender sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, Redemption Price of all Notes Securities or portions thereof to be redeemed on that datedate (other than Securities or portions thereof called for redemption on that date which have been delivered by Issuer to Trustee for cancellation). The Trustee or the Paying Agent shall promptly return to Issuer any U.S. Legal Tender so deposited which is not required for that purpose upon the Issuers any money deposited written request of Issuer, except with the respect to monies owed as obligations to Trustee or the Paying Agent by the Issuers in excess of the amounts necessary pursuant to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemedArticle VI. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, then, unless Issuer defaults in the payment of such Redemption Price, interest on the Securities or portions thereof to be redeemed will cease to accrue on and after the redemption dateapplicable Redemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes whether or the portions of Notes called not such Securities are presented for redemptionpayment. If a Note Security or portion thereof is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name such Note Security was registered at the close of business on such record dateRecord Date. If any Note Security or portion thereof called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraphfirst paragraph of this Section 3.5, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and 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 Securities and in Section 4.01 4.1 hereof.
Appears in 6 contracts
Samples: Indenture (Scott Cable Communications Inc), Indenture (Scott Cable Communications Inc), Indenture (Scott Cable Communications Inc)
Deposit of Redemption Price. Not later than (a) Prior to 11:00 a.m., a.m. (New York City time, ) on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company an Issuer or a Subsidiary thereof of an Issuer is acting as its own the Paying Agent, shall segregate and hold in trust as provided in Section 2.04 hereoftrust) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed on that datedate other than Notes or portions of Notes called for redemption which have been delivered by the Issuers to the Trustee for cancellation. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply with the provisions of the preceding paragraphparagraph (a), on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the redemption date 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paid, and to the extent lawful on any interest accrued to the redemption date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.
Appears in 6 contracts
Samples: Indenture (Bz Intermediate Holdings LLC), Indenture (Bz Intermediate Holdings LLC), Indenture (Bz Intermediate Holdings LLC)
Deposit of Redemption Price. Not later than (a) Prior to 11:00 a.m., a.m. (New York City time, ) on the redemption dateRedemption Date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.
Appears in 5 contracts
Samples: Indenture (Magnolia Oil & Gas Corp), Indenture (United States Steel Corp), Indenture (Chobani Inc.)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company Partnership or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 3.07 hereof) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 3.03 hereof.
Appears in 5 contracts
Samples: Fifteenth Supplemental Indenture (Markwest Energy Partners L P), Thirteenth Supplemental Indenture (Markwest Energy Partners L P), Tenth Supplemental Indenture (Markwest Energy Partners L P)
Deposit of Redemption Price. Not later than 11:00 a.m., (a) Prior to noon (New York City time), on the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date applicable Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.
Appears in 5 contracts
Samples: Indenture (Performance Food Group Co), Indenture (Performance Food Group Co), Indenture (Performance Food Group Co)
Deposit of Redemption Price. Not later than 11:00 a.m., (a) Prior to 10:00 a.m. (New York City time, ) on the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.
Appears in 5 contracts
Samples: Indenture (Alliant Energy Corp), Indenture (Alliant Energy Corp), Indenture (Alliant Energy Corp)
Deposit of Redemption Price. (a) Not later than 11:00 a.m., 12:30 p.m. (New York City time, ) on the redemption date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof1.08) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Company complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption, unless the redemption is not effective due to the failure of conditions precedent described in the notice of redemption to be fulfilled. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person Holder in whose name such Note was registered at the close of business on such record date. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraphSection 3.05(a), interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 hereof4.01.
Appears in 5 contracts
Samples: Fifth Supplemental Indenture (Vital Energy, Inc.), Third Supplemental Indenture (Laredo Petroleum, Inc.), Fourth Supplemental Indenture (Laredo Petroleum, Inc.)
Deposit of Redemption Price. Not later than 11:00 a.m., On or before 12:00 noon (New York City time, ) on the each redemption date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if other than the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereofan Affiliate of the Company) money sufficient to pay the redemption price of, Redemption Price of and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price ofRedemption Price of (including any applicable premium), of and accrued and unpaid interest (including Additional Interestinterest, if applicable) any, on, all Notes to be redeemedredeemed or purchased. If the Issuers comply Notes called for redemption or tendered in an Asset Sale Offer or Change of Control Offer are paid or if Company has deposited with the provisions of Trustee or Paying Agent money sufficient to pay the preceding paragraphRedemption Price or purchase price of, and unpaid and accrued interest, if any, on, all Notes to be redeemed or purchased, on and after the redemption or purchase date, interest (including Additional Interestinterest, if applicable) any, shall cease to accrue on the Notes or the portions of Notes called for redemptionredemption or tendered and not withdrawn in an Asset Sale Offer or Change of Control Offer (regardless of whether certificates for such securities are actually surrendered). If a Note is redeemed or purchased on or after an interest a regular record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interestinterest, if any) , 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 repurchase shall not be so paid upon surrender for redemption or repurchase because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, 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 4.1 hereof.
Appears in 4 contracts
Samples: Indenture (Toys R Us Property Co II, LLC), Indenture (Toys R Us Inc), Indenture (Toys R Us Inc)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on the redemption dateOn or prior to any Redemption Date, the Issuers Company shall deposit or cause to be deposited with the Trustee or with the a Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof903 of the Indenture) an amount of money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, Redemption Price for all of the Notes which are to be redeemed on that date. The Trustee SECTION 406. NOTES PAYABLE ON REDEMPTION DATE. Notice of redemption having been delivered as specified in Section 404, subject to the satisfaction or waiver of any terms or conditions of such redemption or the Paying Agent rescission of such notice of redemption permitted in Section 404, all the Notes so called for redemption shall promptly return thereupon be and become due and payable at the Redemption Price and on the Redemption Date specified in such notice, in the same manner and with the same effect as if such date was the Stated Maturity for the payment of principal for such Notes, anything therein or herein to the Issuers contrary notwithstanding, and on and after such Redemption Date (unless the Company shall default in the payment of the Redemption Price) such Notes shall not be considered as Outstanding hereunder and interest upon such Notes shall cease to accrue. Upon surrender of any money deposited such Notes for redemption in accordance with the Trustee or the Paying Agent said notice, such Notes shall be paid by the Issuers in excess of Company at the amounts necessary to pay the redemption price ofRedemption Price (including, and for greater certainty, accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, all on the Notes to be redeemed. If redeemed to, but not including, the Issuers comply with the provisions Redemption Date); provided, however, that installments of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note whose Stated Maturity is redeemed on or after an interest record date but on or prior to the related Interest Payment DateRedemption Date shall be payable to the Holders of such Notes, then or one or more Predecessor Securities, registered as such on the relevant Regular Record Dates according to the terms and the provisions of Section 209 of the Indenture; provided further that, if a Redemption Date is on or after a Regular Record Date in respect of any accrued and unpaid installment of interest (including Additional Intereston any Note to be redeemed and on or before the related Interest Payment Date for such installment of interest, if any) such installment of interest shall instead be paid payable to the Person in whose name Holder of the Note that is registered as such Note was registered at the close of business on such record dateRegular Record Date. If any Note called for redemption shall not be so paid upon surrender thereof for redemption because of redemption, the failure of the Issuers to comply with the preceding paragraph, interest principal thereof (including Additional Interestand premium, if any, thereon) shall be paid on the unpaid principalshall, until paid, bear interest from the redemption date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case Redemption Date at the rate provided in the Notes and in Section 4.01 hereofborne by such Note.
Appears in 4 contracts
Samples: Nineteenth Supplemental Indenture (Rogers Communications Inc), Supplemental Indenture (Rogers Communications Inc), Supplemental Indenture (Rogers Communications Inc)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on On or before the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof Issuer is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof2.03) money sufficient to pay the redemption price of, Redemption Price of and accrued and unpaid interest (including Additional Interest, if applicableany) on, on all Notes to be redeemed on that date, provided, however, that any funds deposited on the Redemption Date shall be deposited by the Issuer no later than 10:00 a.m., New York City time on such Redemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers Issuer any money deposited with not required for that purpose. On and after the Trustee or Redemption Date, unless the Paying Agent by Issuer and the Issuers Guarantors shall default in excess the payment of the amounts necessary to pay the redemption price ofRedemption Price, interest and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall will cease to accrue on the principal amount of the Notes or the portions of Notes thereof called for redemption. If a Note is redeemed redemption and for which funds have been set apart for payment and such Notes, or portions thereof, shall cease after the close of business on the Trading Day immediately preceding the Redemption Date to be convertible into Common Shares and, except as provided in this Section 3.07, to be entitled to any benefit or after an interest record date but on security under this Indenture, and the holders thereof shall have no right in respect of such Notes, or prior portions thereof, except the right to receive the related Interest Payment Date, then any accrued Redemption Price thereof and unpaid interest (including and Additional Interest, if any, to (but excluding) the Redemption Date. In the case of Notes or portions thereof redeemed on a Redemption Date which is also an Interest Payment Date, the interest payment and Additional Interest, if any, due on such date shall be paid to the Person person in whose name such the Note was is registered at the close of business on such record date. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 hereofrelevant Regular Record Date.
Appears in 4 contracts
Samples: Indenture (Nortel Networks Corp), Indenture (Nortel Networks LTD), Indenture (Nortel Networks LTD)
Deposit of Redemption Price. Not later than 11:00 a.m., 10:00 a.m. New York City time, time on the redemption date, the Issuers shall Company will deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, on all Notes Securities of such Series to be redeemed on that date. The Trustee or the Paying Agent shall will promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, on all Notes Securities of such Series to be redeemed. If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall will cease to accrue on the Notes Securities of such Series or the portions thereof called for redemption, any Guarantees endorsed thereon or attached thereto shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of Notes called such Securities or Guarantees except the right to receive the redemption price and unpaid interest to the date fixed for redemption. If a Note Security is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name such Note Security was registered at the close of business on such record date. If any Note Security called for redemption shall is not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 Securities of such Series and in Section 4.01 hereof.
Appears in 4 contracts
Samples: Indenture (Americredit Financial Services Inc), Indenture (Americredit Financial Services Inc), Indenture (Americredit Financial Services Inc)
Deposit of Redemption Price. Not later than (a) Prior to 11:00 a.m., a.m. (New York City time, ) on the redemption dateRedemption Date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Company complies with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date shall be paid on the Redemption 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.
Appears in 4 contracts
Samples: Indenture (Crescent Energy Co), Indenture (Crescent Energy Co), Indenture (Crescent Energy Co)
Deposit of Redemption Price. Not later than Prior to 11:00 a.m., a.m. (New York City time, ) on the redemption datea Redemption Date, the Issuers Issuer or the Guarantor shall deposit with the Trustee or with the Paying Agent (or, or if the Company Issuer or a Subsidiary thereof the Guarantor is acting as its own the Paying Agent, it shall segregate and hold in trust as provided in Section 2.04 hereoftrust) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, Redemption Price of all Notes to be redeemed on that datedate other than Notes or portions of Notes to be redeemed which on or prior thereto have been delivered by the Issuer to the Trustee for cancellation or have been exchanged. The Trustee Paying Agent shall as promptly as practicable return to the Issuer or the Guarantor any money not required for that purpose because of exchange of Notes pursuant to Article 7. If such money is then held by the Issuer or the Guarantor in trust and is not required for such purpose it shall be discharged from such trust. If the Paying Agent shall promptly return to the Issuers any holds money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary sufficient to pay the redemption price ofRedemption Price with respect to any Notes (i) for which a Notice of Tax Redemption has been given and with respect to which a Notice of Tax Redemption Election has not been made or deemed to have been made or (ii) for which a Notice of Provisional Redemption has been given, and accrued and unpaid interest (including Additional Interestthen, if applicable) on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, immediately on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) on such Notes shall cease to accrue on whether or not the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior are delivered to the related Interest Payment DatePaying Agent, then any accrued and unpaid interest (all other rights of the Holders of such Notes shall terminate, other than the right to receive the Redemption Price of such Note, including Additional InterestAmounts, if any) , with respect thereto. Nothing herein shall preclude the withholding of any taxes required by law to 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 hereofwithheld or deducted.
Appears in 4 contracts
Samples: Indenture (Jazz Pharmaceuticals PLC), Indenture (Jazz Pharmaceuticals PLC), Indenture (Horizon Pharma PLC)
Deposit of Redemption Price. Not later than (a) Prior to 11:00 a.m., a.m. (New York City time, ) on the redemption dateRedemption Date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date shall be paid on the Redemption 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.
Appears in 3 contracts
Samples: Indenture (Vine Energy Inc.), Indenture (Vine Energy Inc.), Indenture (Vine Resources Inc.)
Deposit of Redemption Price. Not later than 11:00 a.m., On or before 12:00 p.m. New York City time, time (or such later time as has been agreed to by the Paying Agent) on the redemption dateRedemption Date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money U.S. Legal Tender sufficient to pay the redemption price Redemption Price of, and plus accrued and unpaid interest (including Additional Interestinterest, if applicable) any, on, all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price Redemption Price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, then, unless the Issuers default in the payment of such Redemption Price plus accrued interest, if any, interest on the Notes to be redeemed will cease to accrue on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment applicable Redemption Date, then any whether or not such Notes are presented for payment, and the only remaining right of the Holders of such Notes after such Redemption Date shall be to receive payment of such Redemption Price plus accrued and unpaid interest (including Additional Interestinterest, if any) shall be paid , upon surrender to the Person in whose name such Note was registered at Paying Agent of the close of business on such record dateNotes to be redeemed. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption 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 hereof4.01.
Appears in 3 contracts
Samples: Indenture (Pocatello Idaho Property, L.L.C.), Indenture (Pocatello Idaho Property, L.L.C.), Indenture (Aviv Healthcare Properties L.P.)
Deposit of Redemption Price. Not later than On or prior to 11:00 a.m., New York City time, a.m. Eastern time on the redemption dateBusiness Day prior to any Redemption Date for the Notes of a Series, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof any of its Restricted Subsidiaries is acting as its own the Paying Agent, shall segregate and hold in trust as provided in Section 2.04 hereof2.05) money sufficient to pay the redemption price ofRedemption Price of and, and if applicable, accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly promptly, and in any event within two (2) Business Days after the Redemption Date, return to the Issuers 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 price Redemption Price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) any, on, all Notes to be redeemed. If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemptionpurchase or redemption in accordance with Section 2.07 hereof, whether or not such Notes are presented for payment. If a Note is redeemed on or after an interest record date a Regular Record Date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interestinterest, if any) , shall be paid to the Person in whose name such Note was registered at the close of business on such record dateRegular Record Date. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, principal from the redemption date Redemption 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 3 contracts
Samples: Debt Securities Indenture (Centene Corp), Debt Securities Indenture (Centene Corp), Debt Securities Indenture (Centene Corp)
Deposit of Redemption Price. Not later than By 11:00 a.m., New York City Eastern time, on the redemption date, the Issuers shall will deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued interest and unpaid interest (including Additional Interest, if applicable) onany, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall will promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued interest and unpaid interest (including Additional Interest, if applicable) any, on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraphparagraph with respect to a redemption pursuant to Section 3.07 or Section 4.14(d) hereof, on and after the redemption date, interest (including and Additional Interest, if applicable) shall any, will cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall is not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 3 contracts
Samples: Indenture (Sunoco LP), Indenture (Sunoco LP), Indenture (Sunoco LP)
Deposit of Redemption Price. Not later than Prior to 11:00 a.m., New York City time, on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient in same day funds to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers an Issuer in excess of the amounts necessary to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on redemption whether or after an interest record date but on or prior not such Notes are presented for payment, and the only remaining right of the Holders of such Notes shall be to receive payment of the redemption price upon surrender to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to Paying Agent of the Person in whose name such Note was registered at the close of business on such record dateNotes redeemed. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers an Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 hereof.
Appears in 3 contracts
Samples: Indenture (Martin Midstream Partners L.P.), Indenture (Martin Midstream Partners L.P.), Indenture (Martin Midstream Partners L.P.)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on (a) On or before the redemption date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof2.04) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) any, on, all Notes Securities to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) any, on, all Notes Securities to be redeemed. .
(b) If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interestinterest, if applicable) any, shall cease to accrue on the Notes Securities or the portions of Notes Securities called for redemptionredemption (unless an earlier date shall be specified in a Board Resolution, a supplemental indenture hereto or an Officers' Certificate referred to in Section 2.03 by or pursuant to which the form or terms of the Securities of such Series were established). If a Note Security is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name such Note Security was registered at the close of business on such record date. If any Note Security called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interestinterest, if any) , shall be paid on the unpaid principal, principal from the redemption 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 Securities and in Section 4.01 hereof4.01.
Appears in 3 contracts
Samples: Senior Indenture (TOUSA Investment #1, Inc.), Senior Subordinated Indenture (TOUSA Investment #1, Inc.), Subordinated Indenture (TOUSA Investment #1, Inc.)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on On or prior to the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, premium, if any, and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that the redemption date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall be payable to Holders whose Notes are called for redemption. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 3 contracts
Samples: Indenture (Consoltex Usa Inc), Indenture (Consoltex Inc/ Ca), Indenture (Consoltex Inc/ Ca)
Deposit of Redemption Price. Not later than On or prior to 11:00 a.m., New York City time, on the any redemption date, the Issuers shall Company or a Guarantor will deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, on all Notes to be redeemed or on that date. The Trustee or the Paying Agent shall will promptly return to the Issuers Company or such Guarantor any money deposited with the Trustee or the Paying Agent by the Issuers Company or such Guarantor in excess of the amounts necessary to pay the redemption price of, of and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, on all Notes to be redeemed. If the Issuers comply Company or a Guarantor complies with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall will cease to accrue on the Notes or the portions of Notes called for redemption, 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 for the right to receive the redemption price of, accrued interest, if any, and Additional Amounts, if any, on such Notes upon surrender of such Notes. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including and Additional InterestAmounts, if any) , 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 shall (which notice is not be revoked) is not so paid upon surrender for redemption because of the failure of the Issuers Company or a Guarantor to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paid, and to the extent lawful lawful, on any interest and Additional Amounts, if any, not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.
Appears in 3 contracts
Samples: Indenture (Era Group Inc.), Indenture (Era Group Inc.), Indenture (Seacor Holdings Inc /New/)
Deposit of Redemption Price. Not later than At or prior to 11:00 a.m., a.m. New York City time, time on the redemption date, the Issuers Issuer shall deposit with the Trustee or with the applicable Paying Agent (or, if the Company Issuer, the Parent Guarantor or a Subsidiary thereof any of its Wholly Owned Subsidiaries is acting as its own the Paying Agent, shall segregate and hold in trust as provided in Section 2.04 hereoftrust) money in U.S. Dollars sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicablesubject to the right of Holders of record on the relevant Record Date to receive interest due on the related Interest Payment Date that is on or prior to the date of redemption) on, on all Notes to be redeemed on that datedate other than Notes or portions of Notes called for redemption that have been delivered by the Issuer to the Trustee for cancellation. The Paying Agent shall promptly distribute to each Holder whose Notes are to be redeemed the applicable redemption price thereof and accrued and unpaid interest thereon. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If the Issuers comply Issuer complies with the provisions of the preceding paragraphthis Section 3.05, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemptionredemption 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 on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the redemption date in respect of such Note shall be paid on such redemption date to the Person in whose name such Note was is registered at the close of business on such record date. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraphRecord Date, and no additional interest (including Additional Interest, if any) shall be paid on payable to Holders whose Notes shall be subject to redemption by the unpaid principal, from the redemption 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 hereofIssuer.
Appears in 3 contracts
Samples: Indenture (MARRIOTT VACATIONS WORLDWIDE Corp), Indenture (MARRIOTT VACATIONS WORLDWIDE Corp), Indenture (MARRIOTT VACATIONS WORLDWIDE Corp)
Deposit of Redemption Price. (a) Not later than 11:00 a.m., 12:30 p.m. (New York City time, ) on the redemption date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof2.05) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Company complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption, unless the redemption is not effective due to the failure of conditions precedent described in the notice of redemption to be fulfilled. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person Holder in whose name such Note was registered at the close of business on such record date. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraphSection 3.05(a), interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 hereof4.01.
Appears in 3 contracts
Samples: Indenture (Laredo Petroleum, Inc.), Indenture (Laredo Petroleum Holdings, Inc.), Indenture (Laredo Petroleum, Inc.)
Deposit of Redemption Price. (a) Not later than 11:00 a.m., 12:30 p.m. (New York City time, ) on the redemption date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof2.06) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Company complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption, unless the redemption is not effective due to the failure of conditions precedent described in the notice of redemption to be fulfilled. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person Holder in whose name such Note was registered at the close of business on such record date. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraphSection 3.05(a), interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 hereof4.01.
Appears in 3 contracts
Samples: Indenture (Vital Energy, Inc.), Indenture (Vital Energy, Inc.), Indenture (Laredo Petroleum, Inc.)
Deposit of Redemption Price. Not later than 11:00 a.m., Prior to 10:00 a.m. New York City time, time on the redemption dateRedemption Date or the Tax Redemption Date, as applicable, the Issuers Issuer shall deposit with the Trustee or with its designated Paying Agent (which shall be the Paying Agent (or, if or its successor unless otherwise notified to the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereofIssuer by the Trustee) money cash sufficient to pay the redemption price of, and Redemption Price plus accrued and unpaid interest (including Additional Interestsubject to, as provided in the Notes, the right of Holders to receive interest on the relevant interest payment date), if applicable) onany, and Additional Amounts, if any, of all Notes to be redeemed on that datedate other than Notes or portion of Notes called for redemption that have been delivered by the Issuer to the Trustee for cancellation. The Trustee or the designated Paying Agent shall promptly return to the Issuers Issuer any money cash so deposited with which is not required for that purpose upon the Trustee or written request of the Issuer. Promptly upon receipt of such payment the Paying Agent shall confirm by the Issuers in excess medium chosen by the Paying Agent to the Issuer the receipt of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemedsuch payment. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, then, unless the Issuer defaults in the payment of such Redemption Price plus accrued and unpaid interest, if any, and Additional Amounts, if any, interest and Additional Amounts on the Notes to be redeemed will cease to accrue on and after the redemption dateapplicable Redemption Date or Tax Redemption Date, interest (including Additional Interestwhether or not such Notes are presented for payment. With respect to Definitive Notes, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Definitive Note is redeemed 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 (including Additional Interestinterest, if any) , and Additional Amounts, if any, 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including interest, and Additional InterestAmounts, if any) , shall be paid on the unpaid principal, from the redemption date Redemption Date or the Tax Redemption Date, as applicable, 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 hereof4.1.
Appears in 3 contracts
Samples: Indenture (Fresenius Medical Care AG & Co. KGaA), Indenture (Fresenius Medical Care AG & Co. KGaA), Indenture (Fresenius Medical Care AG & Co. KGaA)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company Parent Guarantor or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 2.07 hereof) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Regular Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name such Note was registered at the close of business on such record dateRegular Record Date. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 2.03 hereof.
Appears in 3 contracts
Samples: Indenture (Cloud Peak Energy Inc.), Indenture (Sequatchie Valley Coal Corp), Indenture (Antelope Coal LLC)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City (a) Prior to 10:00 a.m. (London time, ) on the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.
Appears in 3 contracts
Samples: Indenture (Iqvia Holdings Inc.), Indenture (Iqvia Holdings Inc.), Indenture (IMS Health Holdings, Inc.)
Deposit of Redemption Price. Not later than On or before 11:00 a.m., a.m. (New York City time, ) on the redemption date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if other than the Company Issuer or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereofan Affiliate of the Issuer) money sufficient to pay the redemption price ofprice, and together with accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, to the applicable redemption date on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, to the applicable redemption date on all Notes to be redeemed. If the Issuers comply Issuer has deposited with the provisions of Trustee or Paying Agent money sufficient to pay the preceding paragraphredemption price of, and unpaid and accrued interest, if any, on, all Notes to be redeemed, on and after the redemption dateredemption, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemptionredemption (regardless of whether certificates for such securities are actually surrendered). If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, principal from the redemption 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 hereof4.1.
Appears in 3 contracts
Samples: Indenture (Acushnet Holdings Corp.), Indenture (Brinker International, Inc), Indenture (Vertiv Holdings Co)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on On or prior to the redemption dateRedemption Date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if other than the Company Issuers or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereofan Affiliate of either of the Issuers) money Cash or U.S. Government Obligations sufficient to pay the redemption price Redemption Price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes Securities to be redeemed on such Redemption Date (other than Securities or portions thereof called for redemption on that datedate that have been delivered by the Issuers to the Trustee for cancellation). The Trustee or the Paying Agent shall promptly return to the Issuers any money Cash or U.S. Government Obligations so deposited with which is not required for that purpose upon the Trustee or the Paying Agent by the Issuers in excess written request of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemedIssuers. If the Issuers comply with the preceding paragraph and the other provisions of this Article III and payment of the preceding paragraph, on and after the Securities called for redemption dateis not otherwise prohibited, interest (including Additional Interest, if applicable) shall on the Securities to be redeemed will cease to accrue on the Notes applicable Redemption Date, whether or the portions of Notes called not such Securities are presented for redemptionpayment. If a Note is redeemed on or after an interest record date but on or prior Notwithstanding anything herein to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interestcontrary, if any) 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 Security surrendered for redemption in the manner provided in the Securities shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall continue to accrue and be paid from the Redemption Date until such payment is made on the unpaid principal, from the redemption date until such principal is paidand, and to the extent lawful lawful, on any interest not paid on such unpaid principal, in each case at the rate and in the manner provided in Section 4.1 hereof and the Notes and in Section 4.01 hereofSecurity.
Appears in 3 contracts
Samples: Indenture (Waterford Gaming LLC), Indenture (Waterford Gaming Finance Corp), Indenture (Waterford Gaming LLC)
Deposit of Redemption Price. Not later than By 11:00 a.m., New York City time, a.m. Eastern Time on the redemption date, the Issuers shall will deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued interest and unpaid interest (including Additional Interest, if applicable) onany, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall will promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued interest and unpaid interest (including Additional Interest, if applicable) any, on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including and Additional Interest, if applicable) shall any, will cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall is not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 3 contracts
Samples: Indenture (Sunoco LP), Indenture (Sunoco LP), Indenture (Sunoco LP)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, Prior to 10:00 a.m. Frankfurt time on the redemption dateRedemption Date or the Tax Redemption Date, as applicable, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if which shall be the Company Paying Agent or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold successor) euro in trust as provided in Section 2.04 hereof) money same-day funds sufficient to pay the redemption price of, and Redemption Price plus accrued and unpaid interest (including Additional Interestsubject to, as provided in the Notes, the right of Holders to receive interest on the relevant interest payment date), if applicable) onany, and Additional Amounts, if any, of all Notes to be redeemed on that datedate other than Notes or portion of Notes called for redemption that have been delivered by the Issuer to the Trustee for cancellation. The Trustee or the designated Paying Agent shall promptly return to the Issuers Issuer any money cash so deposited with which is not required for that purpose upon the Trustee or written request of the Issuer. Promptly upon receipt of such payment the Paying Agent shall confirm by the Issuers in excess medium chosen by the Paying Agent to the Issuer the receipt of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemedsuch payment. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, then, unless the Issuer defaults in the payment of such Redemption Price plus accrued and unpaid interest, if any, and Additional Amounts, if any, interest and Additional Amounts on the Notes to be redeemed will cease to accrue on and after the redemption dateapplicable Redemption Date or Tax Redemption Date, interest (including Additional Interestwhether or not such Notes are presented for payment. With respect to Definitive Notes, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Definitive Note is redeemed 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 (including Additional Interestinterest, if any) , and Additional Amounts, if any, 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including interest, and Additional InterestAmounts, if any) , shall be paid on the unpaid principal, from the redemption date Redemption Date or the Tax Redemption Date, as applicable, 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 hereof4.1.
Appears in 3 contracts
Samples: Indenture (Fresenius Medical Care AG & Co. KGaA), Indenture (Fresenius Medical Care AG & Co. KGaA), Indenture (Fresenius Medical Care AG & Co. KGaA)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on the (a) On or prior to any redemption date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes or portions thereof to be redeemed on that date. The After any redemption date, the Trustee or the Paying Agent shall promptly return to the Issuers Company any money that the Company deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Company complies with the provisions of the preceding paragraph, interest on the Notes or portions thereof to be redeemed will cease to accrue on such Notes or portions thereof on the applicable redemption date, whether or not such Notes are presented for payment, and after the Holders of such Notes shall have no further rights with respect to such Notes except for the right to receive the redemption price plus unpaid interest on the Notes through the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions upon surrender of Notes called for redemptionsuch Notes. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name such Note was registered at the close of business on of such record date. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall will be paid on the unpaid principal, premium, if any, and interest from the redemption date until such principal principal, premium and interest is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate of interest provided in the Notes Notes, the Registration Rights Agreement and in Section 4.01 hereof10.01.
Appears in 3 contracts
Samples: Indenture (Best Built Inc), Indenture (Atrium Corp), Indenture (Atrium Corp)
Deposit of Redemption Price. Not later than Prior to 11:00 a.m., New York City time, on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient in same day funds to pay the redemption price of, of and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers an Issuer in excess of the amounts necessary to pay the redemption price of, of and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, on all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on redemption whether or after an interest record date but on or prior not such Notes are presented for payment, and the only remaining right of the Holders of such Notes shall be to receive payment of the redemption price upon surrender to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to Paying Agent of the Person in whose name such Note was registered at the close of business on such record dateNotes redeemed. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers an Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 hereof. If a Note is redeemed on or after a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest to the Redemption Date shall be paid to the Person in whose name such Note was registered at the close of business on such Record Date.
Appears in 3 contracts
Samples: Indenture (Calumet Specialty Products Partners, L.P.), Indenture (Calumet Specialty Products Partners, L.P.), Indenture (Calumet Specialty Products Partners, L.P.)
Deposit of Redemption Price. Not (a) No later than 11:00 a.m., a.m. (New York City time, ) on the redemption date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) 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 the applicable redemption price thereof and accrued and unpaid interest thereon. The Trustee or the Paying Agent shall promptly return to the Company any money deposited with the Trustee or the Paying Agent by the 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.
(b) If the Company complies with the provisions of Section 3.05(a), on and after the redemption date, interest shall cease to accrue on the Notes or the portions of Notes called for redemption or purchase. If a Note is redeemed on or after a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest to the redemption date in respect of such Note will be paid on such redemption 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraphSection 3.05(a), interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paid, and and, to the extent lawful lawful, on any interest accrued to the redemption 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 3 contracts
Samples: Indenture (Permian Resources Corp), Indenture (Permian Resources Corp), Indenture (Permian Resources Corp)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if ARP, the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 (Atlas Resource Partners, L.P.), Indenture (Atlas Resource Partners, L.P.)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, Prior to 12:00 p.m. London time on the redemption dateRedemption Date, the Issuers Company shall deposit with the Trustee or with the its designated Paying Agent (or, if which shall be the Company or a Subsidiary thereof is acting as its own Principal Paying Agent, segregate and hold Agent unless otherwise notified to the Issuer by the Trustee) cash in trust as provided in Section 2.04 hereof) money euro sufficient to pay the redemption price of, and Redemption Price plus accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, and Additional Amounts, if any, of all Notes to be redeemed on that date. The Trustee or the Paying Agent (including the Principal Paying Agent) shall promptly return to the Issuers Company any money cash in euro so deposited with which is not required for that purpose upon the Trustee or written request of the Company. The Company shall, prior to 12:00 p.m. London time on the Business Day prior to the date on which the Principal Paying Agent receives payment, procure that the bank effecting payment confirms by SWIFT MT100 message to the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemedPrincipal Paying Agent that an irrevocable payment instruction has been given. If the Issuers comply Company complies with the provisions of the preceding paragraph, then, unless the Company defaults in the payment of such Redemption Price plus accrued and unpaid interest, if any, and Additional Amounts on the Notes to be redeemed will cease to accrue on and after the redemption dateapplicable Redemption Date, interest (including Additional Interestwhether or not such Notes are presented for payment. With respect to Definitive Notes, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Definitive Note is redeemed 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 (including interest, and Additional InterestAmounts, if any) , 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including and Additional InterestAmounts, if any) , shall be paid on the unpaid principal, from the redemption date Redemption 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 hereof10.1.
Appears in 2 contracts
Samples: Indenture (Stena Ab), Indenture (Stena Ab)
Deposit of Redemption Price. Not later than (a) Prior to 11:00 a.m., a.m. (New York City time, ) on the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interestto, if any) but excluding, the Redemption Date shall be paid to the Person in whose name such Note was registered at the close of business on such record dateRecord Date, 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date 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 (Prestige Consumer Healthcare Inc.), Indenture (Prestige Consumer Healthcare Inc.)
Deposit of Redemption Price. Not later than 11:00 a.m., Prior to 10:00 a.m. (New York City time, ) on the redemption dateOptional Redemption Date in connection with an Optional Redemption, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, or if the Company or a Subsidiary thereof or an Affiliate of either of them is acting as its own the Paying Agent, shall segregate and hold in trust as provided in Section 2.04 hereoftrust) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, Optional Redemption Price of all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited (together with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (and any other amounts payable thereon under this Indenture and the Notes, including Additional Interest, if applicablethe Make Whole Amount) on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the that date other than Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but redemption which on or prior thereto have been delivered by the Company to the related Interest Payment DateTrustee for cancellation. If such money is then held by the Company in trust and is not required for such purpose it shall be discharged from such trust. If the Paying Agent holds money sufficient to pay the Optional Redemption Price, then any accrued and unpaid interest (including Additional Interestthereon and the Make Whole Amount with respect to any Notes for which an Optional Redemption Notice has been given, if any) then, immediately on and after the Optional Redemption Date, interest on such Notes shall be paid cease to accrue, whether or not the Notes are delivered 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 shall not be so paid upon surrender for redemption because Paying Agent, and all other rights of the failure Holders of such Notes shall terminate, other than the Issuers right to comply receive the Optional Redemption Price, accrued and unpaid interest thereon and the Make Whole Amount in respect of such Note, together with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date until all Warrants issuable in respect of 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 hereofNote.
Appears in 2 contracts
Samples: Indenture (NanoString Technologies Inc), Indenture (NanoString Technologies Inc)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, Prior to 10:00 a.m. London time on the redemption dateBusiness Day immediately preceding the Redemption Date, the Issuers Issuer shall deposit with the Trustee or with the its designated Paying Agent (or, if which shall be the Company or a Subsidiary thereof is acting as its own Principal Paying Agent, segregate and hold Agent unless otherwise notified to the Issuer by the Trustee) an amount of cash in trust as provided in Section 2.04 hereof) money euros sufficient to pay the redemption price of, and Redemption Price plus accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, and Additional Amounts, if any, of all Notes to be redeemed on that date. The Trustee or the Paying Agent (including the Principal Paying Agent) shall promptly return to the Issuers Issuer any money cash in euros so deposited with which is not required for that purpose upon the Trustee or written request of the Issuer. The Issuer shall, prior to 10:00 a.m. London time on the second Business Day prior to the date on which the Principal Paying Agent receives payment, procure that the bank effecting payment for it confirms by tested telex or SWIFT MT100 message to the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemedPrincipal Paying Agent that an irrevocable payment instruction has been given. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, then, unless the Issuer defaults in the payment of such Redemption Price plus accrued and unpaid interest, if any, and Additional Amounts, if any, interest and Additional Amounts, if any, on the Notes to be redeemed will cease to accrue on and after the redemption dateapplicable Redemption Date, interest (including Additional Interestwhether or not such Notes are presented for payment. With respect to Definitive Notes, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Definitive Note is redeemed 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 (including and Additional InterestAmounts, if any) , 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including and Additional InterestAmounts, if any) , shall be paid on the unpaid principal, from the redemption date Redemption 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 hereof4.1.
Appears in 2 contracts
Samples: Indenture (Smurfit WestRock PLC), Indenture (Smurfit WestRock PLC)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, Prior to 10:00 p.m. London time on the redemption dateBusiness Day immediately preceding the Redemption Date, the Issuers Issuer shall deposit with the Trustee or with the its designated Paying Agent (or, if which shall be the Company or a Subsidiary thereof is acting as its own Principal Paying Agent, segregate and hold Agent unless otherwise notified to the Issuer by the Trustee) cash in trust as provided in Section 2.04 hereof) money euro sufficient to pay the redemption price of, and Redemption Price plus accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, and Additional Amounts, if any, of all Notes to be redeemed on that date. The Trustee or the Paying Agent (including the Principal Paying Agent) shall promptly return to the Issuers Issuer any money cash in euro so deposited with which is not required for that purpose upon the written request of the Issuer. The Issuer shall, prior to 10:00 p.m. London time on the second Business Day prior to the date on which the Principal Paying Agent receives payment, procure that the bank effecting payment confirms by SWIFT message to the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemedthat an irrevocable payment instruction has been given. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, then, unless the Issuer defaults in the payment of such Redemption Price plus accrued and unpaid interest, if any, and Additional Amounts, if any, then interest on the Notes to be redeemed will cease to accrue on and after the redemption dateapplicable Redemption Date, interest (including Additional Interestwhether or not such Notes are presented for payment. With respect to Definitive Notes, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Definitive Note is redeemed 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 (including interest, and Additional InterestAmounts, if any) , 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including and Additional InterestAmounts, if any) , shall be paid on the unpaid principal, from the redemption date Redemption 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 hereof4.1.
Appears in 2 contracts
Samples: Indenture (Central European Media Enterprises LTD), Indenture (Central European Media Enterprises LTD)
Deposit of Redemption Price. Not later than 11:00 On or before 10:00 a.m., New York City time, on the redemption datedate (or such other time as specified in the Supplemental Indenture with respect to any Series of Notes), the Issuers shall Issuer will deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly will promptly, but in any event no later than 1:00 p.m., New York City time on the next succeeding Business Day, return to the Issuers Issuer any money so deposited with the Trustee or the Paying Agent by the Issuers Issuer in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) any, on, all Notes to be redeemed, or if any condition to the redemption is not satisfied. The Trustee will not be liable or responsible for any interest on the funds deposited. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall will cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall is not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 (T-Mobile Innovations LLC), Indenture (T-Mobile US, Inc.)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City Prior to 12:00 noon (London time, ) on the Business Day prior to the redemption date, the Issuers Company shall deposit with the Trustee or with the Principal Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold sum in trust as provided in Section 2.04 hereof) money same day funds sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes (or a portion thereof) to be redeemed on that date. The Trustee or the Principal Paying Agent shall promptly promptly, and in any event within two Business Days after the redemption date, return to the Issuers Company any money deposited with the Trustee or the Principal Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. The Company shall no later than 12:00 noon (London time) on the Business Day prior to the day on which the Principal Paying Agent is to receive payment, procure that the bank effecting payment for it confirms via fax or tested SWIFT MT100 message to the Principal Paying Agent the payment instructions relating to such payment. If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption date, date interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemptionredemption whether or not such Notes are presented for payment. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the redemption date 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paid, and to the extent lawful on any interest accrued to the redemption date 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
Deposit of Redemption Price. Not (a) No later than 11:00 a.m., a.m. (New York City time, ) on the redemption datedate (or such later time on such date as consistent with the Applicable Procedures to which the Trustee may reasonably agree), the Issuers Issuer shall deposit deposit, or cause to be deposited, with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that date. If funds for such purpose are on deposit, the Paying Agent shall promptly send or mail to each Holder whose Notes are to be redeemed the applicable redemption price thereof and accrued and unpaid interest thereon. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interestinterest, if any) shall to, but excluding, the redemption date in respect of such Note will be paid on such redemption 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraphSection 3.05(a), interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paid, and and, to the extent lawful lawful, on any interest accrued to the redemption date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof4.01.
(c) Upon any redemption that requires the payment of the Applicable Premium (including, without limitation, in connection with the Issuer’s exercise of its Legal Defeasance option or Covenant Defeasance option as set forth in Article 8 or the discharge of the Issuer’s obligations under this Indenture in accordance with Article 11), the amount deposited with the Trustee shall be sufficient for purposes of this Indenture to the extent that an amount is deposited with the Trustee equal to the Applicable Premium calculated as of the date of the notice of redemption, with any deficit as of the date of redemption (any such amount, the “Applicable Premium Deficit”) only required to be deposited with the Trustee on or prior to the date of redemption. Any Applicable Premium Deficit shall be set forth in an Officer’s Certificate delivered to the Trustee simultaneously with the deposit of such Applicable Premium Deficit that confirms that such Applicable Premium Deficit shall be applied toward such redemption.
Appears in 2 contracts
Samples: Senior Notes Indenture (Garden SpinCo Corp), Senior Notes Indenture (Neogen Corp)
Deposit of Redemption Price. Not later than 11:00 With respect to any Notes called for redemption, prior to 10:00 a.m., New York City time, on the redemption date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof Issuer is acting as its own the Paying Agent, shall segregate and hold in trust as provided in Section 2.04 hereoftrust) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interestaccrued and unpaid PIK Interest which for the avoidance of doubt shall be paid in cash), if applicable) onany, to, but not including, the redemption date on all Notes or portions thereof to be redeemed on that date (including any PIK Notes or any increased principal amount of Notes sufficient to pay PIK Interest) other than Notes or portions of Notes called for redemption that have been previously delivered by the Issuer to the Trustee for cancellation. On and after the redemption date, interest shall cease to accrue on Notes or portions thereof called for redemption so long as the Issuer has deposited with the Paying Agent funds sufficient to pay the redemption price of, plus accrued and unpaid interest (including accrued and unpaid PIK Interest which for the avoidance of doubt shall be paid in cash), if any, on, the Notes to be redeemed, unless the Paying Agent is prohibited from making such payment pursuant to the terms of this Indenture. The Trustee or the Paying Agent shall promptly return to the Issuers Issuer any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 hereofamounts.
Appears in 2 contracts
Samples: Fourth Supplemental Indenture (Sunnova Energy International Inc.), Fourth Supplemental Indenture (Sunnova Energy International Inc.)
Deposit of Redemption Price. Not later than Prior to 11:00 a.m., a.m. New York City time, time on the redemption dateRedemption Date, the Issuers Company or the Guarantor, as the case may be, shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money immediately available funds, U.S. dollars sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, Redemption Price of all Notes of a particular tranche to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee Company or the Paying Agent by Guarantor, as the Issuers case may be, any cash in excess U.S. dollars so deposited which is not required for that purpose upon the written request of the amounts necessary to pay Company or the redemption price ofGuarantor, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemedas the case may be. If the Issuers comply Company or the Guarantor, as the case may be, complies with the provisions of the preceding paragraph, then, unless the Company or the Guarantor defaults in the payment of such Redemption Price on the Notes of a particular tranche to be redeemed will cease to accrue on and after the redemption dateapplicable Redemption Date, interest (including Additional Interestwhether or not such Notes of such tranche are presented for payment. With respect to Definitive Notes of a particular tranche, if applicable) shall cease to accrue on the Notes or the portions a Definitive Note of Notes called for redemption. If a Note such tranche is redeemed on or after an interest record date Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including and Additional InterestAmounts, if any) , shall be paid to the Person in whose name such Note of such tranche was registered at the close of business on such record dateRecord Date. If any Note of a particular tranche called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Company or the Guarantor to comply with the preceding paragraph, interest (including and Additional InterestAmounts, if any) , shall be paid on the unpaid principalprincipal (or premium, if any), from the redemption date Redemption 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 hereof4.1.
Appears in 2 contracts
Samples: Indenture (Stanley Works), Indenture (Black & Decker Corp)
Deposit of Redemption Price. Not later than On or before 11:00 a.m., a.m. (New York City time, ) on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if other than the Company Issuers or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereofan Affiliate of the Issuers) money sufficient to pay the redemption price ofprice, and together with accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, to the applicable redemption date on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, to but not including the applicable redemption date on all Notes to be redeemed. If the Issuers comply have deposited with the provisions of Trustee or Paying Agent money sufficient to pay the preceding paragraphredemption price of, and unpaid and accrued interest, if any, on, all Notes to be redeemed, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemptionredemption (regardless of whether certificates for such securities are actually surrendered). If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, principal from the redemption 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 4.1 hereof.
Appears in 2 contracts
Samples: Indenture (American Finance Trust, Inc), Indenture (Global Net Lease, Inc.)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, On or prior to 12:00 noon Eastern time on the redemption dateBusiness Day prior to any Redemption Date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price ofof and, and if applicable, accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly promptly, and in any event within two (2) Business Days after the Redemption Date, return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) any, on, all Notes to be redeemed. The Trustee or Paying Agent, as the case may be, shall have no duty to invest such deposited funds. If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemptionpurchase or redemption in accordance with Section 2.06(d) hereof, whether or note such Notes are presented for payment. If a Note is redeemed on or after an interest record date a Regular Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interestinterest, if any) , shall be paid to the Person in whose name such Note was registered at the close of business on such record dateRegular Record Date. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, principal from the redemption date Redemption 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: Third Supplemental Indenture (Celestica Inc), First Supplemental Indenture (Celestica Inc)
Deposit of Redemption Price. Not later than 11:00 a.m., (a) Prior to noon (New York City time), on the redemption dateRedemption Date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers Issuer any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date applicable Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date shall be paid to the Person in whose name such Note was registered at the close of business on such record dateRecord Date in accordance with Applicable Procedures. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date 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 (Change Healthcare Inc.), Indenture (Change Healthcare Inc.)
Deposit of Redemption Price. Not later than Prior to 11:00 a.m., New York City time, on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient in same day funds to pay the redemption price of, of and accrued interest and unpaid interest (including Additional Interest, if applicable) onany, on all Notes to be redeemed on that date, it being understood that the amount of money to be deposited by the Company in relation to a mandatory redemption pursuant to Section 3.08 shall take into consideration the amount of money deposited by the Escrow Agent with the Trustee or a Paying Agent to fund such redemption. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers an Issuer in excess of the amounts necessary to pay the redemption price of, of and accrued interest and unpaid interest (including Additional Interest, if applicable) onany, on all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including and Additional Interest, if applicable) any, shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on redemption whether or after an interest record date but on or prior not such Notes are presented for payment, and the only remaining right of the Holders of such Notes shall be to receive payment of the redemption price upon surrender to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to Paying Agent of the Person in whose name such Note was registered at the close of business on such record dateNotes redeemed. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers an Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paid, and to the extent lawful lawful, on any interest and Additional Interest, if any, not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof. If a Note is redeemed on or after a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest to the Redemption Date shall be paid to the Person in whose name such Note was registered at the close of business on such Record Date.
Appears in 2 contracts
Samples: Indenture (Calumet Specialty Products Partners, L.P.), Indenture (Calumet Specialty Products Partners, L.P.)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on On or prior to the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, Interest on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) Interest on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) Interest shall cease to accrue on the Notes or the portions of Notes called for redemptionredemption whether redeemed Notes are delivered to the Paying Agent for payment. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) Interest shall be paid on the unpaid principal, from the redemption date until such principal is paid, and to the extent lawful on any interest 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: Amended and Restated Indenture (NGA Holdco, LLC), Investment Agreement (Shreveport Capital Corp)
Deposit of Redemption Price. Not later than (a) Prior to 11:00 a.m., a.m. (New York City time, ) on the redemption dateRedemption Date, with respect to the Notes, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that Redemption Date; provided, that, to the extent any such funds are received by the Trustee or the Paying Agent from the Issuer after such time on such date, such funds will be distributed to such Persons within one Business Day of the receipt thereof. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphclause (a), on and after the Redemption Date, unless the Issuer defaults in the payment of the redemption dateprice and subject to the satisfaction or waiver of any conditions set forth in the applicable notice of redemption, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date applicable Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date shall be paid to the Person in whose name such Note was registered at the close of business on such record dateRecord Date in accordance with Applicable Procedures. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date 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 (Finance of America Companies Inc.), Indenture (Finance of America Companies Inc.)
Deposit of Redemption Price. Not later than 11:00 a.m., On or before 1:00 p.m. (New York City time, ) on the redemption date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if other than the Company Issuer or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereofan Affiliate of the Issuer) money sufficient to pay the redemption price ofprice, and together with accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, to the applicable redemption date on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, to the applicable redemption date on all Notes to be redeemed. If the Issuers comply Issuer has deposited with the provisions of Trustee or Paying Agent money sufficient to pay the preceding paragraphredemption price of, and unpaid and accrued interest, if any, on, all Notes to be redeemed, on and after the redemption dateredemption, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemptionredemption (regardless of whether certificates for such securities are actually surrendered). If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, principal from the redemption 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 hereof4.1.
Appears in 2 contracts
Samples: Indenture (PROG Holdings, Inc.), Indenture (Rent a Center Inc De)
Deposit of Redemption Price. Not later than Prior to 11:00 a.m., New York City time, on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient in same day funds to pay the redemption price of, of and accrued interest and unpaid interest (including Additional Interest, if applicable) onany, on all Notes to be redeemed on that date, it being understood that the amount of money to be deposited by the Company in relation to a mandatory redemption pursuant to Section 3.08 shall take into consideration the amount of money deposited by the Escrow Agent with the Trustee or a Paying Agent to fund such redemption. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers an Issuer in excess of the amounts necessary to pay the redemption price of, of and accrued interest and unpaid interest (including Additional Interest, if applicable) onany, on all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including and Additional Interest, if applicable) any, shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on redemption whether or after an interest record date but on or prior not such Notes are presented for payment, and the only remaining right of the Holders of such Notes shall be to receive payment of the redemption price upon surrender to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to Paying Agent of the Person in whose name such Note was registered at the close of business on such record dateNotes redeemed. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers an Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paid, and to the extent lawful lawful, on any interest and Additional Interest, if any, 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 (Crosstex Energy Lp), Indenture (Inergy L P)
Deposit of Redemption Price. Not later than 11:00 a.m., Prior to 10:00 a.m. New York City time, --------------------------- time on the redemption dateRedemption Date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold cash in trust as provided in Section 2.04 hereof) money U.S. dollars sufficient to pay the redemption price of, and Redemption Price plus accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, Additional Amounts, if any, and Liquidated Damages, if any, of all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers Company any money cash in U.S. dollars so deposited with which is not required for that purpose upon the Trustee or the Paying Agent by the Issuers in excess written request of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemedCompany. If the Issuers comply Company complies with the provisions of the preceding paragraph, then, unless the Company defaults in the payment of such Redemption Price plus accrued and unpaid interest, if any, Additional Amounts, if any, and Liquidated Damages, if any, interest, Additional Amounts and Liquidated Damages on the Notes to be redeemed will cease to accrue on and after the redemption dateapplicable Redemption Date (and Accreted Value will cease to increase), interest (including Additional Interestwhether or not such Notes are presented for payment. With respect to Definitive Notes, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Definitive Note is redeemed on or after an interest record date Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including interest, Additional InterestAmounts, if any) , and Liquidated Damages, if any, 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional InterestAmounts, if any) , Liquidated Damages, if any, and interest shall be paid (or Accreted Value shall increase, as the case may be) on the unpaid principal, from the redemption date until such principal or Accreted Value is paid, and to the extent lawful on any interest not paid on such unpaid principalprincipal or Accreted Value, in each case at the rate provided in the Notes and in Section 4.01 hereof4.1.
Appears in 2 contracts
Samples: Indenture (Cybernet Internet Services International Inc), Indenture (Cybernet Internet Services International Inc)
Deposit of Redemption Price. Not No later than 11:00 a.m., New York City time, 10:00 a.m. local time on the redemption datedate in the place of payment of such redemption, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold money in trust as provided in Section 2.04 hereof) money Dollars sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes (or portions of Notes) to be redeemed on that date. Neither the Trustee nor the Paying Agent shall be obligated to make payments to Holders or the Depositary without receipt of such sufficient funds. The Trustee or the Paying Agent shall as promptly as practicable return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If such money is then held by the Issuers comply Company in trust and is not required for such purpose it shall be discharged from such trust. If the Company complies with the provisions of the immediately preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Regular Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid on the redemption date to the Person in whose name such Note was registered at the close of business on such record dateRegular Record Date. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paid, and and, to the extent lawful permitted by law and if the terms of such Series so provide, 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 2 contracts
Samples: Indenture (Vista Outdoor Inc.), Indenture (Vista Outdoor Inc.)
Deposit of Redemption Price. Not later than (a) Prior to 11:00 a.m., a.m. (New York City time, ) on the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphSection 3.05(a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraphSection 3.05(a), interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date 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 (Michaels Companies, Inc.), Indenture (Michaels Companies, Inc.)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on One Business Day prior to the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if other than the Company Issuer or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereofan Affiliate of the Issuer) money sufficient to pay the redemption price of, of and accrued interest and unpaid interest (including Additional InterestLiquidated Damages, if applicable) any, on, all Senior Secured Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued interest and unpaid interest (including Additional InterestLiquidated Damages, if applicable) any, on, all Senior Secured Notes to be redeemed. If the Issuers comply Issuer complies with the provisions of the preceding paragraphparagraph and the other provisions of this Article III, on and after the redemption dateRedemption Date, interest (including Additional Interestand Liquidated Damages, if applicable) any, shall cease to accrue on the Senior Secured Notes or the portions of Senior Secured Notes called for redemption. If a Senior Secured Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interestand Liquidated Damages, if any) , shall be paid to the Person in whose name such Senior Secured Note was registered at the close of business on such record date. If any Senior Secured Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interestand Liquidated Damages, if any) , shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest interest, and Liquidated Damages, if any, not paid on such unpaid principal, in each case at the rate and in the manner provided in the Senior Secured Notes and in Section 4.01 hereof.
Appears in 2 contracts
Samples: Indenture (Ormat Technologies, Inc.), Indenture (Ormat Technologies, Inc.)
Deposit of Redemption Price. Not later than 11:00 a.m.On or prior to any Redemption Date, New York City time, on the redemption date, the Issuers Alderwoods shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold an amount of money in trust as provided in Section 2.04 hereof) money same day funds sufficient to pay the redemption price Redemption Price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all the Two-Year Notes or portions thereof that are to be redeemed on that date, other than Two-Year Notes or portions thereof called for redemption on that date that have been delivered by Alderwoods to the Trustee for cancellation. The Trustee or the Paying Agent shall promptly return to the Issuers Alderwoods any money deposited with the Trustee or the Paying Agent by the Issuers Alderwoods in excess of the amounts necessary to pay the redemption price Redemption Price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Two-Year Notes to be redeemed. If the Issuers comply Alderwoods complies with the provisions of the preceding paragraph, then, unless Alderwoods defaults in the payment of such Redemption Price, interest on the Two-Year Notes to be redeemed will cease to accrue on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment applicable Redemption Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name whether or not such Note was registered at the close of business on such record dateTwo-Year Notes are presented for payment. If any Two-Year Note called for redemption shall not be so paid upon surrender thereof for redemption because of redemption, the failure of the Issuers to comply with the preceding paragraphprincipal, interest (including Additional Interestpremium, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paidand, and to the extent lawful on any lawful, accrued and unpaid interest not paid on such unpaid principalthereon shall, in each case until paid, bear interest from the Redemption Date at the rate provided in the Notes and in Section 4.01 hereofTwo-Year Notes.
Appears in 2 contracts
Samples: Indenture (Loewen Group International Inc), Indenture (Alderwoods Group Inc)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on (a) One Business Day prior to the redemption dateRedemption Date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, Redemption Price of and (except if the Redemption Date shall be an Interest Payment Date or Special Payment Date) accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price Redemption Price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. The Paying Agent shall promptly mail or deliver to Holders of Notes so redeemed payment in an amount equal to the Redemption Price of the Notes.
(b) If the Issuers comply Company complies with the provisions of the preceding paragraphclause (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Regular Record Date (or Special Record Date) but on or prior to the related Interest Payment Date (or Special Payment Date), then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name such Note was registered at the close of business on such record dateRegular Record Date (or Special Record Date, as the case may be). If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraphclause (a), interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption 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 3.08 hereof.
(D) The following shall be added to the Base Indenture as Section 11.09:
Appears in 2 contracts
Samples: Execution Version (Geo Group Inc), Exhibit (Geo Group Inc)
Deposit of Redemption Price. Not later than 11:00 a.m.On or prior to any Redemption Date, New York City time, on the redemption date, the Issuers Alderwoods shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold an amount of money in trust as provided in Section 2.04 hereof) money same day funds sufficient to pay the redemption price Redemption Price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all the Seven-Year Notes or portions thereof that are to be redeemed on that date, other than Seven-Year Notes or portions thereof called for redemption on that date that have been delivered by Alderwoods to the Trustee for cancellation. The Trustee or the Paying Agent shall promptly return to the Issuers Alderwoods any money deposited with the Trustee or the Paying Agent by the Issuers Alderwoods in excess of the amounts necessary to pay the redemption price Redemption Price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Seven-Year Notes to be redeemed. If the Issuers comply Alderwoods complies with the provisions of the preceding paragraph, then, unless Alderwoods defaults in the payment of such Redemption Price, interest on the Seven-Year Notes to be redeemed will cease to accrue on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment applicable Redemption Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name whether or not such Note was registered at the close of business on such record dateSeven-Year Notes are presented for payment. If any Seven-Year Note called for redemption shall not be so paid upon surrender thereof for redemption because of redemption, the failure of the Issuers to comply with the preceding paragraphprincipal, interest (including Additional Interestpremium, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paidand, and to the extent lawful on any lawful, accrued and unpaid interest not paid on such unpaid principalthereon shall, in each case until paid, bear interest from the Redemption Date at the rate provided in the Notes and in Section 4.01 hereofSeven-Year Notes.
Appears in 2 contracts
Samples: Indenture (Alderwoods Group Inc), Indenture (Loewen Group International Inc)
Deposit of Redemption Price. Not later than (a) Prior to 11:00 a.m., a.m. (New York City time, ) on the redemption dateRedemption Date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if one of the Company or a Subsidiary thereof Issuers is acting as its own the Paying Agent, shall segregate and hold in trust as provided in Section 2.04 hereoftrust) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, Redemption Price of all Notes to be redeemed on that dateredeemed. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, Redemption Price of all Notes to be redeemed. .
(b) If the Issuers comply with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemptionredemption (regardless of whether certificates for such Notes are actually surrendered). 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 Date, then any accrued and unpaid interest (including Additional Interestinterest, if any) , to the Redemption Date 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paidpaid and, and to the extent lawful lawful, on any interest accrued to the Redemption Date not paid on such unpaid principal, in each case at the rate provided in the Notes and in Notes, as adjusted, if applicable, by Section 4.01 of the Base Indenture, as amended by Section 4.02 hereof.
Appears in 2 contracts
Samples: Supplemental Indenture (CDW Corp), Eighteenth Supplemental Indenture (CDW Corp)
Deposit of Redemption Price. Not later than Prior to 11:00 a.m., New York City time, on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 3.05 hereof) money sufficient in same day funds to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers an Issuer in excess of the amounts necessary to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on redemption whether or after an interest record date but on or prior not such Notes are presented for payment, and the only remaining right of the Holders of such Notes shall be to receive payment of the redemption price upon surrender to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to Paying Agent of the Person in whose name such Note was registered at the close of business on such record dateNotes redeemed. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers an Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 5.01 hereof.
Appears in 2 contracts
Samples: Third Supplemental Indenture (Access Midstream Partners Lp), First Supplemental Indenture (Access Midstream Partners Lp)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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: Fourth Supplemental Indenture (PVR Partners, L. P.), First Supplemental Indenture (Penn Virginia Resource Partners L P)
Deposit of Redemption Price. Not later than 11:00 a.m.Prior to 10:00 a.m. London time, with respect to the Sterling Notes, or 10:00 a.m. New York City time, with respect to the U.S. Dollar Notes, as applicable, on the redemption datedate (or pursuant to such other arrangements as may be agreed with the Trustee), the Issuers shall deposit with the Trustee or with the its designated Paying Agent (or, if which shall be the Company or a Subsidiary thereof is acting as its own applicable Paying Agent, segregate and hold in trust as provided in Section 2.04 hereofAgent unless otherwise notified to the Issuers by the Trustee) money an amount of cash sufficient to pay the redemption price of, and plus accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, and Additional Amounts, if any, of all Notes to be redeemed on that date. The Trustee or the applicable Paying Agent shall promptly return to the Issuers any money cash in Sterling with respect to the Sterling Notes and in U.S. Dollars with respect to the U.S. Dollar Notes so deposited with which is not required for that purpose upon the Trustee or the Paying Agent by the Issuers in excess written request of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemedIssuers. If the Issuers comply with this Article III, then, unless the provisions Issuers default in the payment of such redemption price plus accrued and unpaid interest, if any, and Additional Amounts, if any, interest and Additional Amounts, if any, on the preceding paragraph, Notes to be redeemed will cease to accrue on and after the applicable redemption date, interest (including Additional Interestwhether or not such Notes are presented for payment. With respect to Definitive Notes, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Definitive Note is redeemed 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 (including and Additional InterestAmounts, if any) , 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraphthis Article III, interest (including and Additional InterestAmounts, if any) , shall be paid on the unpaid principal, from the redemption 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 hereof4.01.
Appears in 2 contracts
Samples: Indenture (Vantiv, Inc.), Indenture
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, (a) Prior to 12:00 noon (Eastern Standard Time) on the any redemption date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money U.S. Legal Tender sufficient to pay the redemption price of, and the amount, if any, of accrued interest and unpaid interest (including Additional Interest, if applicableany) on, on all Notes to be redeemed on that in immediately available funds as of the date of redemption. After any redemption date. The Trustee or , the Paying Agent shall promptly return to the Issuers Company any money that the Company deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and any accrued and unpaid interest (including Additional Interest, if applicableany) on, on all Notes to be redeemed. .
(b) If the Issuers comply Company complies with the provisions of the preceding paragraph, interest on and after the redemption date, interest (including Additional Interest, if applicable) shall Notes to be redeemed will cease to accrue on such Notes on the applicable redemption date, whether or not such Notes or the portions of Notes called are presented for redemptionpayment. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name such Note was registered at the close of business on the related Record Date, and in all other circumstances, such record dateinterest shall be paid to the Holder of such Note. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest will be paid on the unpaid principal, premium, if any, and unpaid interest (including Additional Interest, if any) shall be paid on which has accrued to the unpaid principal, redemption date and from the redemption date until such principal is amounts are paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate of interest provided in the Notes and in Section 4.01 hereof4.01.
Appears in 2 contracts
Samples: Indenture (Birds Eye Foods, Inc.), Indenture (Linden Oaks Corp)
Deposit of Redemption Price. Not later than 11:00 a.m., (a) Prior to noon (New York City time, ) on the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that Redemption Date; provided, however, that to the extent any such funds are received by the Paying Agent from the Issuer after such time on such due date, such funds will be distributed to such Persons within one Business Day of receipt thereof. The Trustee or the Paying Agent shall promptly return to the Issuers Issuer any money deposited with the Trustee or the such Paying Agent by the Issuers Issuer in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphclause (a), on and after the Redemption Date, unless the Issuer defaults in the payment of the redemption dateprice and subject to the satisfaction or waiver of any conditions set forth in the applicable notice of redemption, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date applicable Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date shall be paid to the Person in whose name such Note was registered at the close of business on such record dateRecord Date in accordance with Applicable Procedures. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date 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 (Clarios International Inc.), Indenture (Clarios International Inc.)
Deposit of Redemption Price. Not later than On or before 11:00 a.m., a.m. (New York City time, ) on the redemption date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if other than the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereofan Affiliate of the Company) money sufficient to pay the redemption price ofprice, and together with accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, to the applicable redemption date on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, to the applicable redemption date on all Notes to be redeemed. If the Issuers comply Company has deposited with the provisions of Trustee or Paying Agent money sufficient to pay the preceding paragraphredemption price of, and unpaid and accrued interest, if any, on, all Notes to be redeemed, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemptionredemption (regardless of whether certificates for such securities are actually surrendered). If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, principal from the redemption 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 hereof4.1.
Appears in 2 contracts
Samples: Indenture (MasterBrand, Inc.), Indenture (Atkore Inc.)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on On or prior to the redemption date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own the Paying Agent, shall segregate and hold in trust as provided in Section 2.04 hereoftrust) money immediately available funds sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers Company any money funds deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) any, on, all Notes to be redeemed. If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principalredemption price, from the redemption date until such principal redemption price 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 (MGC Communications Inc)
Deposit of Redemption Price. Not later than 11:00 At or prior to 10:00 a.m., New York City timeCity, New York time on the redemption dateRedemption Date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate cash and hold in trust as provided in Section 2.04 hereof) money Common Stock sufficient to pay the redemption price of, and accrued and unpaid interest Redemption Consideration (including Additional Interest, if applicableas determined pursuant to Section 3.07 hereof) on, in respect of all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers Company any money cash and Common Stock deposited with the Trustee or the Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest Redemption Consideration (including Additional Interest, if applicableas determined pursuant to Section 3.07 hereof) on, in respect of all Notes to be redeemed. If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principalprincipal amount of the Notes to be redeemed, from the redemption date Redemption Date until such principal Redemption Consideration is paid, and to the extent lawful on any interest not paid on such unpaid principalprincipal amount of Notes to be redeemed, in each case at the rate provided in the Notes and in Section 4.01 hereof4.01.
Appears in 1 contract
Samples: Indenture (Timco Engine Center Inc)
Deposit of Redemption Price. Not later than (a) Prior to 11:00 a.m., a.m. (New York City time, ) on the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) to the Redemption Date on, all Notes to be redeemed on that dateredeemed. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) any, to the Redemption Date on, all Notes to be redeemed. .
(b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest interest, if any, accrued to the Redemption Date 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 Subordinated Notes Indenture (Claires Stores Inc)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on One Business Day prior to the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Senior Discount Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Senior Discount Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Senior Discount Notes or the portions of Senior Discount Notes called for redemption. If a Senior Discount Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name such Senior Discount Note was registered at the close of business on such record date. If any Senior Discount Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 Discount Notes and in Section 4.01 4.1 hereof.
Appears in 1 contract
Deposit of Redemption Price. Not later than 11:00 a.m.On or prior to any Redemption Date, New York City time, on the redemption date, the Issuers LGII shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold an amount of money in trust as provided in Section 2.04 hereof) money same day funds sufficient to pay the redemption price Redemption Price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all the Two-Year Notes or portions thereof which are to be redeemed on that date, other than Two-Year Notes or portions thereof called for redemption on that date that have been delivered by LGII to the Trustee for cancellation. The Trustee or the Paying Agent shall promptly return to the Issuers LGII any money deposited with the Trustee or the Paying Agent by the Issuers LGII in excess of the amounts necessary to pay the redemption price Redemption Price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Two-Year Notes to be redeemed. If the Issuers comply LGII complies with the provisions of the preceding paragraph, then, unless LGII defaults in the payment of such Redemption Price, interest on the Two-Year Notes to be redeemed will cease to accrue on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment applicable Redemption Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name whether or not such Note was registered at the close of business on such record dateTwo-Year Notes are presented for payment. If any Two-Year Note called for redemption shall not be so paid upon surrender thereof for redemption because of redemption, the failure of the Issuers to comply with the preceding paragraphprincipal, interest (including Additional Interestpremium, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paidand, and to the extent lawful on any lawful, accrued and unpaid interest not paid on such unpaid principalthereon shall, in each case until paid, bear interest from the Redemption Date at the rate provided in the Notes and in Section 4.01 hereofTwo-Year Notes.
Appears in 1 contract
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on the At least one Business Day prior to any optional redemption date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued interest and unpaid interest (including Additional InterestLiquidated Damages, if applicable) onany, on all Notes to be redeemed on that date. Money sufficient to pay the redemption price of and accrual interest on the Offered Notes on the Special Mandatory Redemption Date, if any, shall be deposited with the Paying Agent in accordance with the Escrow Agreement. The Trustee or the Paying Agent shall promptly return pay to the Issuers Company any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, of and accrued interest and unpaid interest (including Additional InterestLiquidated Damages, if applicable) onany, on all Notes to be redeemed. If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interestand Liquidated Damages, if applicable) any, shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interestand Liquidated Damages, if any) , 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paid, and to the extent lawful on any interest and Liquidated Damages, if any, 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 (Frontier Oil Corp /New/)
Deposit of Redemption Price. Not later than 11:00 a.m., (a) Prior to noon (New York City time, ) on the redemption dateRedemption Date, with respect to the Dollar Notes, and prior to 11:00 a.m. (London time) on the Redemption Date, with respect to the Euro Notes, the Issuers Issuer shall deposit with the Trustee or with the applicable Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that Redemption Date; provided, however, that to the extent any such funds are received by the applicable Paying Agent from the Issuer after such time on such due date, such funds will be distributed to such Persons within one Business Day of receipt thereof. The Trustee or the applicable Paying Agent shall promptly return to the Issuers Issuer any money deposited with the Trustee or the such Paying Agent by the Issuers Issuer in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphclause (a), on and after the Redemption Date, unless the Issuer defaults in the payment of the redemption dateprice and subject to the satisfaction or waiver of any conditions set forth in the applicable notice of redemption, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date applicable Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date shall be paid to the Person in whose name such Note was registered at the close of business on such record dateRecord Date in accordance with Applicable Procedures. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date 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
Deposit of Redemption Price. Not later than 11:00 a.m., (a) On or prior to 10:00 AM (New York City time, ) on the redemption date, the Issuers Company shall deposit with the applicable Second Lien Trustee or with the applicable Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, Redemption Price of and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, on all New Second Lien Secured Notes to be redeemed on that date. The applicable Second Lien Trustee or the applicable Paying Agent shall promptly return to the Issuers Company any money deposited with the applicable Second Lien Trustee or the applicable Paying Agent by the Issuers Company in excess of the amounts necessary to pay the redemption price Redemption Price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all New Second Lien Secured Notes to be redeemed. .
(b) If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the New Second Lien Secured Notes or the portions of New Second Lien Secured Notes called for redemptionredemption so long as the Company has deposited with the Paying Agent funds sufficient to pay the principal of and premium, if any, plus accrued and unpaid interest, if any, on the New Second Lien Secured Notes of the applicable series to be redeemed. If a New Second Lien Secured Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name such New Second Lien Secured Note was registered at the close Close of business Business on such record date. If any New Second Lien Secured Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 New Second Lien Secured Notes and in Section 4.01 hereof.
Appears in 1 contract
Samples: Second Lien Indenture (Bed Bath & Beyond Canada L.P.)
Deposit of Redemption Price. Not later than (a) Prior to 11:00 a.m., a.m. (New York City time, ) on the redemption dateRedemption Date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly promptly, and in any event within two Business Days after the Redemption Date, return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the applicable series of Notes or the portions of Notes called for redemption, whether or not such Notes are presented for payment. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date 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 (Milacron Holdings Corp.)
Deposit of Redemption Price. Not later than 11:00 With respect to any Securities, prior to 10:00 a.m., New York City time, on the redemption datedate (provided that the Issuer shall have confirmed in writing to the Trustee the satisfaction or waiver of all conditions to such redemption pursuant to Section 3.05(a)), the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company Issuer or a Wholly Owned Restricted Subsidiary thereof is acting as its own the Paying Agent, shall segregate and hold in trust as provided in Section 2.04 hereoftrust) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes Securities or portions thereof to be redeemed on that date. The Trustee date other than Securities or portions of Securities called for redemption that have been delivered by the Paying Agent shall promptly return Issuer to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemedfor cancellation. If the Issuers comply with the provisions of the preceding paragraph, on On and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes Securities or the portions of Notes thereof called for redemption. If a Note is redeemed on or after an interest record date but on or prior redemption so long as the Issuer has deposited with the Paying Agent funds sufficient to pay the related Interest Payment Dateprincipal of, then any plus accrued and unpaid interest on, the Securities to be redeemed, unless the Paying Agent is prohibited from making such payment pursuant to the terms of this Indenture, provided that, if necessary, the Issuer has provided an Officers’ Certificate to the Trustee stating that all conditions precedent (including Additional Interest, if any) shall to which such redemption has been made subject have been satisfied. Upon redemption of any Securities by the Issuer, such redeemed Securities will 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 hereofcancelled.
Appears in 1 contract
Deposit of Redemption Price. Not later than 11:00 (a) Prior to 10:00 a.m., New York City London time, on the redemption dateRedemption Date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed. .
(b) If the Issuers comply with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interestto, if any) but not including, the Redemption Date 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date 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 (Kraton Corp)
Deposit of Redemption Price. Not No later than 11:00 a.m., 10:00 a.m. (New York City time, ) on the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the its designated Paying Agent (or, if which shall be the Company or a Subsidiary thereof is acting as its own initial Paying Agent, segregate and hold Agent unless otherwise notified to the Issuer by the Trustee) an amount of cash in trust as provided in Section 2.04 hereof) money U.S. dollars sufficient to pay the redemption price ofRedemption Price, and including accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, and Additional Amounts, if any, of all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers Issuer any money cash in U.S. dollars so deposited with which is not required for that purpose upon the Trustee or the Paying Agent by the Issuers in excess written request of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemedIssuer. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, then, unless the Issuer defaults in the payment of such Redemption Price, including accrued and unpaid interest, if any, and Additional Amounts, if any, interest and Additional Amounts, if any, on the Notes to be redeemed will cease to accrue on and after the redemption dateapplicable Redemption Date, interest (including Additional Interestwhether or not such Notes are presented for payment. With respect to Definitive Notes, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Definitive Note is redeemed 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 (including and Additional InterestAmounts, if any) , 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including and Additional InterestAmounts, if any) , shall be paid on the unpaid principal, from the redemption date Redemption 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 hereofapplicable Note.
Appears in 1 contract
Samples: Indenture (Smurfit WestRock PLC)
Deposit of Redemption Price. Not later than 11:00 a.m.On or prior to any Redemption Date, New York City time, on the redemption date, the Issuers Alderwoods shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold an amount of money in trust as provided in Section 2.04 hereof) money same day funds sufficient to pay the redemption price Redemption Price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all the Five-Year Notes or portions thereof that are to be redeemed on that date, other than Five-Year Notes or portions thereof called for redemption on that date that have been delivered by Alderwoods to the Trustee for cancellation. The Trustee or the Paying Agent shall promptly return to the Issuers Alderwoods any money deposited with the Trustee or the Paying Agent by the Issuers Alderwoods in excess of the amounts necessary to pay the redemption price Redemption Price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Five-Year Notes to be redeemed. If the Issuers comply Alderwoods complies with the provisions of the preceding paragraph, then, unless Alderwoods defaults in the payment of such Redemption Price, interest on the Five-Year Notes to be redeemed will cease to accrue on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment applicable Redemption Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name whether or not such Note was registered at the close of business on such record dateFive-Year Notes are presented for payment. If any Five-Year Note called for redemption shall not be so paid upon surrender thereof for redemption because of redemption, the failure of the Issuers to comply with the preceding paragraphprincipal, interest (including Additional Interestpremium, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paidand, and to the extent lawful on any lawful, accrued and unpaid interest not paid on such unpaid principalthereon shall, in each case until paid, bear interest from the Redemption Date at the rate provided in the Notes and in Section 4.01 hereofFive-Year Notes.
Appears in 1 contract
Samples: Indenture (Alderwoods Group Inc)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, (a) Prior to 10:00 a.m. on the any redemption date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, and the amount, if any, of accrued interest and unpaid interest (including Additional Special Interest, if applicableany) on, on all Notes to be redeemed on that in immediately available funds as of the date of redemption. After any redemption date. The Trustee or , the Paying Agent shall promptly return to the Issuers Company any money that the Company deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and any accrued and unpaid interest (including Additional Special Interest, if applicableany) on, on all Notes to be redeemed. .
(b) If the Issuers comply Company complies with the provisions of the preceding paragraph, interest on and after the Notes to be redeemed will cease to accrete or accrue, as the case may be, on such Notes on the applicable redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the whether or not such Notes or the portions of Notes called are presented for redemptionpayment. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Datepayment date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name such Note was registered at the close of business on such the related interest record date, in all other circumstances, such interest shall be paid to the Holder of such Note. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional Interest, if any) shall will be paid on the unpaid principal, premium, if any, and unpaid interest (including Special Interest, if any) which has accrued to the redemption date, from the redemption date until such principal is amounts are paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate of interest provided in the Notes and in Section 4.01 hereof4.01.
Appears in 1 contract
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on On or prior to the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money immediately available funds sufficient to pay the redemption price of, Redemption Price of and accrued and unpaid interest interest, if any, on (including Additional and Special Interest, if applicableany, and Additional Amounts, if any on) on, all Secured Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price Redemption Price of, and accrued and unpaid interest (including Additional Special Interest, if applicableany) on, all Secured Notes to be redeemed. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, on and after the redemption dateRedemption Date, interest (including Additional and Special Interest, if applicableany, and Additional Amounts, if any) shall cease to accrue on the Secured Notes or the portions of Secured Notes called for redemption. If a Secured Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional and Special Interest, if any) shall be paid to the Person in whose name such Secured Note was registered at the close of business on such record dateRecord Date. If any Secured Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including and Special Interest, if any, and Additional InterestAmounts, if any) shall be paid on the unpaid principal, from the redemption date Redemption 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 Secured Notes and in Section 4.01 4.1 hereof.
Appears in 1 contract
Samples: Indenture (R&b Falcon Corp)
Deposit of Redemption Price. Not later than Prior to 11:00 a.m., a.m. New York City time, time on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient in same day funds to pay the redemption price of, of and accrued interest and unpaid interest (including Additional Interest, if applicable) onany, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers an Issuer in excess of the amounts necessary to pay the redemption price of, of and accrued interest and unpaid interest (including Additional Interest, if applicable) onany, on all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including and Additional Interest, if applicable) any, shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on redemption whether or after an interest record date but on or prior not such Notes are presented for payment, and the only remaining right of the Holders of such Notes shall be to receive payment of the redemption price upon surrender to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to Paying Agent of the Person in whose name such Note was registered at the close of business on such record dateNotes redeemed. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers an Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paid, and to the extent lawful lawful, on any interest and Additional Interest, if any, 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
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on One Business Day prior to the redemption date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, on and after the redemption date, Accreted Value on the Notes called for redemption ceases to accrete, and interest (including Additional Interest, if applicable) shall cease to accrue accrue, on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including Additional Interest, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, Accreted Value shall continue to accrete as provided in this Indenture or interest (including Additional Interest, if any) shall be paid on the unpaid principal, as the case may be, from the redemption date until such principal Accreted Value or principal, as the case may be, 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 (Restaurant Co)
Deposit of Redemption Price. Not later than On or before 11:00 a.m., a.m. New York City time, time on the any redemption date, the Issuers Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional and Special Interest, if applicable) onany, up to, but excluding, the redemption date, on all Notes (or portions of Notes) to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued interest and unpaid interest (including Additional Special Interest, if applicable) any, on, all Notes to be redeemed. If the Issuers comply Company complies with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional and Special Interest, if applicable) any, shall cease to accrue on the Notes or the portions of Notes called for redemption, whether or not such Notes are presented for payment. If a Note is redeemed on or after an interest record date a Regular Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional and Special Interest, if any) , as of the date of redemption shall be paid to the Person in whose name such Note was registered at the close of business on such record dateRegular Record Date and no additional interest shall be payable to Holders whose Notes are being redeemed. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Company to comply with the preceding paragraph, interest (including Additional and Special Interest, if any) , shall be paid on the unpaid principal, principal from the redemption 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 (S&c Holdco 3 Inc)
Deposit of Redemption Price. Not later than Prior to 11:00 a.m., New York City time, on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient in same day funds to pay the redemption price of, of and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers an Issuer in excess of the amounts necessary to pay the redemption price of, of and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, on all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on redemption whether or after an interest record date but on or prior not such Notes are presented for payment, and the only remaining right of the Holders of such Notes shall be to receive payment of the redemption price upon surrender to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to Paying Agent of the Person in whose name such Note was registered at the close of business on such record dateNotes redeemed. If any Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers an Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 hereof. If a Note is redeemed on or after a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest to the redemption date shall be paid to the Person in whose name such Note was registered at the close of business on such Record Date.
Appears in 1 contract
Samples: Indenture (Calumet, Inc. /DE)
Deposit of Redemption Price. Not later than (a) Prior to 11:00 a.m., New York City a.m. (London time, ) on the redemption dateRedemption Date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date 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 shall is not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date 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 (Organon & Co.)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, (a) Prior to 10:00 a.m. on the any redemption date, the Issuers Parent shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, and the amount, if any, of accrued interest and unpaid interest (including Additional Interest, if applicable) on, on all Notes Exchange Debentures to be redeemed on that in immediately available funds as of the date of redemption. After any redemption date. The Trustee or , the Paying Agent shall promptly return to the Issuers Parent any money that Parent deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and any accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes Exchange Debentures to be redeemed. .
(b) If the Issuers comply Parent complies with the provisions of the preceding paragraph, interest on and after the Exchange Debentures to be redeemed will cease to accrete or accrue, as the case may be, on such Exchange Debentures on the applicable redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes whether or the portions of Notes called not such Exchange Debentures are presented for redemptionpayment. If a Note an Exchange Debenture is redeemed on or after an interest record date but on or prior to the related Interest Payment Datepayment date, then any accrued and unpaid interest (including Additional Interest, if any) shall be paid to the Person in whose name such Note Exchange Debenture was registered at the close of business on such the related interest record date, in all other circumstances, such interest shall be paid to the Holder of such Exchange Debenture. If any Note Exchange Debenture called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Parent to comply with the preceding paragraph, interest (including Additional Interest, if any) shall will be paid on the unpaid principal, premium, if any, and unpaid interest which has accrued to the redemption date, from the redemption date until such principal is amounts are paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate of interest provided in the Notes Exchange Debentures and in Section 4.01 hereof4.01.
Appears in 1 contract
Deposit of Redemption Price. Not later than On or prior to 11:00 a.m., New York City time, on the any redemption date, the Issuers shall Company or a Guarantor will deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, on all Notes to be redeemed or on that date. The Trustee or the Paying Agent shall will promptly return to the Issuers Company or such Guarantor any money deposited with the Trustee or the Paying Agent by the Issuers Company or such Guarantor in excess of the amounts necessary to pay the redemption price of, of and accrued and unpaid interest (including Additional Interestinterest, if applicable) onany, on all Notes to be redeemed. If the Issuers comply Company or a Guarantor complies with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall will cease to accrue on the Notes or the portions of Notes called for redemption, 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 for the right to receive the redemption price of, accrued interest, if any, and Additional Amounts, if any, on such Notes upon surrender of such Notes. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Dateinterest payment date, then any accrued and unpaid interest (including and Additional InterestAmounts, if any) , 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 shall is not be so paid upon surrender for redemption because of the failure of the Issuers Company or a Guarantor to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paid, and to the extent lawful lawful, on any interest and Additional Amounts, if any, not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 5.01 hereof.
Appears in 1 contract
Deposit of Redemption Price. Not later than (a) The Company shall deposit with the Trustee (or other Paying Agent appointed by the Company, or if the Company is acting as its own Paying Agent, set aside, segregate and hold in trust as provided in Section 4.03 of the Base Indenture) on or prior to 11:00 a.m., New York City time, on the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) Redemption Date an amount of money sufficient to pay redeem all of the Notes called for redemption price ofat the appropriate Redemption Price. Subject to receipt of funds by the Trustee (or other Paying Agent appointed by the Company), payment of Notes called for redemption will be made on the Redemption Date by mailing checks for the amount payable to the Holders of such Notes entitled thereto as they shall appear in the Security Register; provided, however, that payments to the Depositary shall be made by wire transfer of immediately available funds to the account of the Depositary or its nominee. The Trustee shall, promptly after such payment and accrued and unpaid interest upon written demand by the Company, return to the Company any funds in excess of the Redemption Price.
(including Additional Interestb) If by 11:00 a.m. New York City time, if applicableon the Redemption Date, the Trustee (or other Paying Agent appointed by the Company) on, holds money sufficient to make payment on all the Notes or portions thereof that are to be redeemed on that date. The Trustee or the Paying Agent such Redemption Date, then (i) such Notes shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes cease to be redeemed. If the Issuers comply with the provisions of the preceding paragraphOutstanding, on and after the redemption date, (ii) interest (including Additional Interest, if applicable) shall cease to accrue on such Notes and (iii) all other rights of the Holders of such Notes or shall terminate (other than the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior right to receive the related Interest Payment Date, then any accrued and unpaid interest (including Additional InterestRedemption Price and, if any) 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers to comply with the preceding paragraphapplicable, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption 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 as provided in the Notes proviso to Section 16.03(b)).
(c) Upon redemption of a Physical Note in part pursuant to Section 16.02, the Company shall execute and the Trustee shall authenticate and deliver to the Holder a new Note in Section 4.01 hereofan authorized denomination equal in principal amount to the unredeemed portion of the Note.
Appears in 1 contract
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on On or prior to the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money immediately available funds sufficient to pay the redemption price of, Redemption Price of and accrued and unpaid interest interest, if any, on (including Additional and Special Interest, if applicable) onany, and Additional Amounts, if any), on all Secured Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price Redemption Price of, and accrued and unpaid interest (including Additional Special Interest, if applicable) onany, and Additional Amounts, if any), on all Secured Notes to be redeemed. If the Issuers comply Issuer complies with the provisions of the preceding paragraph, on and after the redemption dateRedemption Date, interest (including Additional Special Interest, if applicable) any, and Additional Amounts, if any), shall cease to accrue on the Secured Notes or the portions of Secured Notes called for redemption. If a Secured Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Special Interest, if any) , and Additional Amounts, if any), shall be paid to the Person in whose name such Secured Note was registered at the close of business on such record dateRecord Date. If any Secured Note called for redemption shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Special Interest, if any) , and Additional Amounts, if any), shall be paid on the unpaid principal, from the redemption date Redemption 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 Secured Notes and in Section 4.01 hereof.
Appears in 1 contract
Samples: Indenture (Pride International Inc)
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on the redemption datePrior to any Redemption Date, the Issuers Parent and the Subsidiary Issuer shall deposit with the Trustee or with the a Paying Agent (or, if the Company Parent or a the Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof1.2) an amount of money sufficient to pay the redemption price Redemption Price of, and accrued and unpaid interest (including Additional Interestinterest, if applicable) any, on, all the Notes which are to be redeemed as whole Units on that date. The Trustee Section 1106 Notes Payable on Redemption Date Notice of redemption having been given as aforesaid, the Notes so to be redeemed as whole Units shall, on the Redemption Date, become due and payable at the Redemption Price therein specified (together with accrued interest, if any, to the Redemption Date), and from and after such date (unless the Parent or the Paying Agent Subsidiary Issuer shall promptly return to default in the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess payment of the amounts necessary to pay the redemption price of, Redemption Price and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If the Issuers comply with the provisions of the preceding paragraph, on and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interestinterest, if any) such Notes shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note shall be paid as a Unit by the Parent and the Subsidiary Issuer at the Redemption Price, together with accrued interest, if any, to the Person in whose name such Note was registered at Redemption Date (subject to the close rights of business Holders of record on such the relevant record date to receive interest due on the relevant interest payment date). If any Note compromising a Unit called for redemption shall not be so paid upon surrender thereof for redemption because of redemption, the failure of the Issuers to comply with the preceding paragraphprincipal and any premium shall, until paid, bear interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case Redemption Date at the rate provided prescribed therefor in the Notes and in Section 4.01 hereofNote.
Appears in 1 contract
Deposit of Redemption Price. Not With respect to any Senior Subordinated Notes, no later than 11:00 10:00 a.m., New York City time, on one Business Day prior to the redemption date, the Issuers shall deposit with the Trustee or with the Paying Agent (or, if any Issuer, BP I or any of its Subsidiaries is the Company or a Subsidiary thereof is acting as its own Paying Agent, shall segregate and hold in trust as provided in Section 2.04 hereofhold) money in immediately available funds sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all of the Senior Subordinated Notes or portions thereof to be redeemed on that date. The Trustee , other than Senior Subordinated Notes or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent portions of Senior Subordinated Notes called for redemption that have been delivered by the Issuers in excess of to the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemedRegistrar for cancellation. If the Issuers comply with the provisions of the preceding paragraph, on On and after the redemption date, interest (including Additional Interest, if applicable) shall cease to accrue on the Senior Subordinated Notes or the portions of Notes thereof called for redemption. If a Note is redeemed on or after an interest record date but on or prior redemption so long as the Issuers have deposited with the Paying Agent funds sufficient to pay the related Interest Payment Dateprincipal of, then any plus accrued and unpaid interest and premiums (including Additional Interest, if any) shall on, the Senior Subordinated Notes to be paid to the Person in whose name such Note was registered at the close of business on such record dateredeemed. If any Senior Subordinated Note called for redemption shall or purchase is not be so paid upon surrender for redemption or purchase because of the failure of the Issuers to comply with the preceding paragraphthis Section 3.07, interest (including Additional Interest, if any) 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 Subordinated Notes and in Section 4.01 hereof4.01.
Appears in 1 contract
Deposit of Redemption Price. Not later than 11:00 a.m., New York City time, on the redemption datePrior to any Redemption Date, the Issuers Issuer shall deposit with the Trustee or with the a Paying Agent (or, if the Company or a Subsidiary thereof Issuer is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof1003) an amount of money sufficient to pay the redemption price Redemption Price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all the Notes which are to be redeemed on that date. The Trustee or . Notice of redemption having been given as aforesaid, the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent by the Issuers in excess of the amounts necessary to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. If redeemed shall, on the Issuers comply Redemption Date, become due and payable, unless such redemption is conditioned on the happening of a future event, at the Redemption Price therein specified (together with accrued interest to the provisions Redemption Date), and from and after such date (unless the Issuer shall default in the payment of the preceding paragraph, on Redemption Price and after the redemption date, interest (including Additional Interest, if applicableaccrued interest) such Notes shall cease to accrue on bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note shall be paid by the Issuer at the Redemption Price, together with accrued interest to the Redemption Date and such Notes or shall be cancelled by the portions Trustee; provided, that installments of Notes called for redemption. If a Note interest whose Stated Maturity is redeemed on or after an interest record date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) Redemption Date shall be paid payable to the Person in whose name Holders of such Note was Notes, or one or more Predecessor Notes, registered as such at the close of business on such the relevant record datedates according to their terms and the provisions of Section 307. If any Note called for redemption shall not be so paid upon surrender thereof for redemption because of redemption, the failure of the Issuers to comply with the preceding paragraph, interest principal (including Additional Interestand premium, if any) shall be paid on the unpaid principalshall, until paid, bear interest from the redemption date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case Redemption Date at the rate provided in borne by the Notes and in Section 4.01 hereofNotes, unless such redemption is conditioned on the happening of a future event.
Appears in 1 contract
Deposit of Redemption Price. Not later than (a) Prior to 11:00 a.m., New York City a.m. (London time, ) on the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date 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 shall is not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date 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 (Catalent, Inc.)
Deposit of Redemption Price. Not later than (a) Prior to 11:00 a.m., a.m. (New York City time, ) on the redemption dateRedemption Date, the Issuers Issuer shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary thereof is acting as its own Paying Agent, segregate and hold in trust as provided in Section 2.04 hereof) money sufficient to pay the redemption price of, of and accrued and unpaid interest (including Additional Interest, if applicable) on, on all Notes to be redeemed on that dateRedemption Date. The Trustee or the Paying Agent shall promptly return to the Issuers 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 price of, and accrued and unpaid interest (including Additional Interest, if applicable) on, all Notes to be redeemed. .
(b) If the Issuers comply Issuer complies with the provisions of the preceding paragraphparagraph (a), on and after the redemption dateRedemption Date, interest (including Additional Interest, if applicable) shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest (including Additional Interest, if any) to the Redemption Date 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 shall not be so paid upon surrender for redemption because of the failure of the Issuers Issuer to comply with the preceding paragraph, interest (including Additional Interest, if any) shall be paid on the unpaid principal, from the redemption date Redemption Date until such principal is paid, and to the extent lawful on any interest accrued to the Redemption Date 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 (PQ Group Holdings Inc.)