Common use of Early Redemption upon a Tax Event Clause in Contracts

Early Redemption upon a Tax Event. The Issuer may, at its option, redeem all (but not less than all) of the TCPL Sub Notes - Series 2017-A upon the occurrence of a Tax Event on not less than 30 days nor more than 60 days prior notice to the Holders thereof, without the consent of the Holders. The redemption price per $1,000 principal amount of the TCPL Sub Notes - Series 2017-A shall be equal to par together with accrued and unpaid interest to, but excluding, the date fixed for redemption.

Appears in 2 contracts

Samples: Third Supplemental Indenture (TransCanada Trust), Third Supplemental Indenture (Transcanada Pipelines LTD)

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Early Redemption upon a Tax Event. The Issuer may, at its option, redeem all (but not less than all) of the TCPL Sub Notes - Series 20172015-A upon the occurrence of a Tax Event on not less than 30 days nor more than 60 days prior notice to the Holders thereof, without the consent of the Holders. The redemption price per $1,000 principal amount of the TCPL Sub Notes - Series 20172015-A shall be equal to par together with accrued and unpaid interest to, but excluding, the date fixed for redemption.

Appears in 2 contracts

Samples: First Supplemental Indenture (TransCanada Trust), First Supplemental Indenture (Transcanada Pipelines LTD)

Early Redemption upon a Tax Event. The Issuer may, at its option, redeem all (but not less than all) of the TCPL Sub Notes - Series 20172019-A upon the occurrence of a Tax Event on not less than 30 days nor more than 60 days prior notice to the Holders thereof, without the consent of the Holders. The redemption price per $1,000 principal amount of the TCPL Sub Notes - Series 20172019-A shall be equal to par together with accrued and unpaid interest to, but excluding, the date fixed for redemption.

Appears in 2 contracts

Samples: Fifth Supplemental Indenture (TransCanada Trust), Fifth Supplemental Indenture (Transcanada Pipelines LTD)

Early Redemption upon a Tax Event. The Issuer may, at its option, redeem all (but not less than all) of the TCPL Sub Notes - Series 20172016-A upon the occurrence of a Tax Event on not less than 30 days nor more than 60 days prior notice to the Holders thereof, without the consent of the Holders. The redemption price per $1,000 principal amount of the TCPL Sub Notes - Series 20172016-A shall be equal to par together with accrued and unpaid interest to, but excluding, the date fixed for redemption.

Appears in 2 contracts

Samples: Second Supplemental Indenture (TransCanada Trust), Second Supplemental Indenture (Transcanada Pipelines LTD)

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Early Redemption upon a Tax Event. The Issuer may, at its option, redeem all (but not less than all) of the TCPL Sub Notes - – Series 20172022-A upon the occurrence of a Tax Event on not less than 30 10 days nor more than 60 days prior notice to the Holders thereof, without the consent of the Holders. The redemption price per $1,000 principal amount of the TCPL Sub Notes - – Series 20172022-A shall be equal to par together with accrued and unpaid interest to, but excluding, the date fixed for redemption.

Appears in 1 contract

Samples: Seventh Supplemental Indenture (TransCanada Trust)

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