{"component": "clause", "props": {"groups": [{"samples": [{"hash": "8ZtIaPgxtn1", "uri": "/contracts/8ZtIaPgxtn1#early-redemption", "label": "Convertible Debenture (China Xiangtai Food Co., Ltd.)", "score": 30.4640655518, "published": true}, {"hash": "aVFEZ47FYOW", "uri": "/contracts/aVFEZ47FYOW#early-redemption", "label": "Convertible Debenture (China Xiangtai Food Co., Ltd.)", "score": 29.9630393982, "published": true}, {"hash": "442nc9kuwQc", "uri": "/contracts/442nc9kuwQc#early-redemption", "label": "Convertible Debenture (China Xiangtai Food Co., Ltd.)", "score": 29.8973312378, "published": true}], "snippet_links": [{"key": "the-company-shall", "type": "clause", "offset": [0, 17]}, {"key": "the-right", "type": "clause", "offset": [23, 32]}, {"key": "the-obligation", "type": "clause", "offset": [42, 56]}, {"key": "optional-redemption", "type": "definition", "offset": [70, 89]}, {"key": "a-portion", "type": "definition", "offset": [98, 107]}, {"key": "amounts-outstanding", "type": "clause", "offset": [115, 134]}, {"key": "provided-that", "type": "clause", "offset": [186, 199]}, {"key": "the-common-stock", "type": "clause", "offset": [225, 241]}, {"key": "fixed-conversion-price", "type": "definition", "offset": [259, 281]}, {"key": "the-holder", "type": "clause", "offset": [312, 322]}, {"key": "business-days", "type": "definition", "offset": [339, 352]}, {"key": "prior-written-notice", "type": "definition", "offset": [354, 374]}, {"key": "to-exercise", "type": "clause", "offset": [419, 430]}, {"key": "balance-of-the", "type": "clause", "offset": [533, 547]}, {"key": "convertible-debentures", "type": "definition", "offset": [548, 570]}, {"key": "applicable-redemption-premium", "type": "definition", "offset": [594, 623]}, {"key": "redemption-amount", "type": "definition", "offset": [630, 647]}, {"key": "equal-to", "type": "definition", "offset": [658, 666]}, {"key": "outstanding-principal-balance", "type": "clause", "offset": [671, 700]}, {"key": "by-the-company", "type": "clause", "offset": [716, 730]}, {"key": "accrued-and-unpaid-interest", "type": "definition", "offset": [781, 808]}, {"key": "after-receipt-of", "type": "clause", "offset": [810, 826]}, {"key": "the-redemption-notice", "type": "definition", "offset": [827, 848]}, {"key": "to-convert", "type": "clause", "offset": [897, 907]}, {"key": "deliver-to", "type": "definition", "offset": [1025, 1035]}, {"key": "with-respect-to", "type": "clause", "offset": [1069, 1084]}, {"key": "the-principal-amount", "type": "definition", "offset": [1085, 1105]}, {"key": "after-giving", "type": "clause", "offset": [1115, 1127]}, {"key": "business-day-period", "type": "definition", "offset": [1172, 1191]}], "size": 19, "snippet": "The Company shall have the right, but not the obligation, to redeem (\u201cOptional Redemption\u201d) early a portion or all amounts outstanding under this Debenture as described in this Section; provided that (i) the trading price of the Common Stock is less than the Fixed Conversion Price and (ii) the Company provides the Holder with at least 5 Business Days\u2019 prior written notice (each, a \u201cRedemption Notice\u201d) of its desire to exercise an Optional Redemption. Each Redemption Notice shall be irrevocable and shall specify the outstanding balance of the Convertible Debentures to be redeemed and the applicable Redemption Premium. The \u201cRedemption Amount\u201d shall be equal to the outstanding Principal balance being redeemed by the Company, plus the applicable Redemption Premium, plus all accrued and unpaid interest. After receipt of the Redemption Notice, the Holder shall have 5 Business Days to elect to convert all or any portion of Convertible Debentures. On the 6th Business Day after the Redemption Notice, the Company shall deliver to the Holder the Redemption Amount with respect to the Principal amount redeemed after giving effect to conversions effected during the 5 Business Day period.", "hash": "0634ac647e9e8f45965b9fa1aed2e5d6", "id": 2}, {"samples": [{"hash": "ah5DmP4xB2m", "uri": "/contracts/ah5DmP4xB2m#early-redemption", "label": "Exchange Administration Agreement", "score": 29.2312641144, "published": true}, {"hash": "kC3S0n546Cg", "uri": "/contracts/kC3S0n546Cg#early-redemption", "label": "Global Agency Agreement", "score": 28.7905483246, "published": true}, {"hash": "7piLZQuBoQC", "uri": "/contracts/7piLZQuBoQC#early-redemption", "label": "Global Agency Agreement", "score": 28.7522258759, "published": true}], "snippet_links": [{"key": "the-original-notes", "type": "clause", "offset": [0, 18]}, {"key": "subject-to", "type": "clause", "offset": [23, 33]}, {"key": "redemption-by-the-issuer", "type": "clause", "offset": [40, 64]}, {"key": "article-iii", "type": "clause", "offset": [81, 92]}, {"key": "debt-agreement", "type": "definition", "offset": [100, 114]}, {"key": "to-exercise", "type": "clause", "offset": [137, 148]}, {"key": "early-redemption-option", "type": "definition", "offset": [153, 176]}, {"key": "with-respect-to", "type": "clause", "offset": [177, 192]}, {"key": "notice-by", "type": "clause", "offset": [243, 252]}, {"key": "authorized-officer", "type": "definition", "offset": [256, 274]}, {"key": "option-to", "type": "clause", "offset": [309, 318]}, {"key": "the-global-agent", "type": "clause", "offset": [319, 335]}, {"key": "the-principal-amount", "type": "definition", "offset": [339, 359]}, {"key": "in-accordance-with", "type": "clause", "offset": [400, 418]}, {"key": "applicable-to", "type": "definition", "offset": [429, 442]}, {"key": "the-request", "type": "clause", "offset": [457, 468]}, {"key": "agent-shall", "type": "definition", "offset": [495, 506]}, {"key": "notice-of-redemption", "type": "clause", "offset": [513, 533]}, {"key": "holders-of", "type": "clause", "offset": [553, 563]}, {"key": "mac-notes", "type": "definition", "offset": [584, 593]}, {"key": "exchangeable-notes", "type": "definition", "offset": [624, 642]}, {"key": "notice-requirements", "type": "clause", "offset": [667, 686]}], "size": 54, "snippet": "The Original Notes are subject to early redemption by the Issuer as set forth in Article III of the Debt Agreement. If the Issuer elects to exercise its early redemption option with respect to the Original Notes, the Issuer shall give written notice by an Authorized Officer of its intention to exercise such option to the Global Agent of the principal amount of the Original Notes to be so redeemed in accordance with the Terms applicable to such Note. At the request of the Issuer, the Global Agent shall cause notice of redemption to be given to the Holders of Original Notes (and MAC Notes representing interests in the Exchangeable Notes) in accordance with the notice requirements set forth in the Debt Agreement in the name of and at the expense of Issuer.", "hash": "680be937d0405eaf17a2055905af579b", "id": 1}, {"samples": [{"hash": "dddwo1ui6O2", "uri": "/contracts/dddwo1ui6O2#early-redemption", "label": "Merger Agreement (Cco Holdings LLC)", "score": 35.8665313721, "published": true}, {"hash": "bWMdHnQ0kBC", "uri": "/contracts/bWMdHnQ0kBC#early-redemption", "label": "Merger Agreement (Liberty Broadband Corp)", "score": 35.8665313721, "published": true}, {"hash": "9l9Quz5y8O6", "uri": "/contracts/9l9Quz5y8O6#early-redemption", "label": "Merger Agreement (Charter Communications, Inc. /Mo/)", "score": 35.8665313721, "published": true}], "snippet_links": [{"key": "the-request", "type": "clause", "offset": [7, 18]}, {"key": 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{"key": "equal-to", "type": "definition", "offset": [4032, 4040]}, {"key": "in-connection-with", "type": "clause", "offset": [4084, 4102]}, {"key": "the-transactions", "type": "clause", "offset": [4103, 4119]}, {"key": "the-foregoing", "type": "clause", "offset": [4133, 4146]}, {"key": "use-reasonable-best-efforts", "type": "clause", "offset": [4159, 4186]}, {"key": "arrange-for", "type": "clause", "offset": [4190, 4201]}, {"key": "documents-and-instruments", "type": "clause", "offset": [4397, 4422]}, {"key": "as-soon-as-practicable", "type": "definition", "offset": [4494, 4516]}, {"key": "days-after", "type": "definition", "offset": [4579, 4589]}, {"key": "notices-of-redemption", "type": "clause", "offset": [4768, 4789]}, {"key": "in-advance", "type": "clause", "offset": [4869, 4879]}, {"key": "company-debt", "type": "clause", "offset": [4999, 5011]}, {"key": "by-parent", "type": "clause", "offset": [5022, 5031]}, {"key": "terms-of", "type": "clause", "offset": [5069, 5077]}, {"key": "time-periods", "type": "clause", "offset": [5111, 5123]}, {"key": "requested-by", "type": "clause", "offset": [5124, 5136]}, {"key": "all-other-notices", "type": "clause", "offset": [5194, 5211]}, {"key": "required-by", "type": "definition", "offset": [5239, 5250]}, {"key": "the-redemption", "type": "clause", "offset": [5332, 5346]}, {"key": "amounts-outstanding", "type": "clause", "offset": [5368, 5387]}, {"key": "termination-of", "type": "definition", "offset": [5411, 5425]}, {"key": "release-of", "type": "clause", "offset": [5450, 5460]}, {"key": "following-the-closing-date", "type": "clause", "offset": [5570, 5596]}, {"key": "the-case", "type": "definition", "offset": [5601, 5609]}, {"key": "no-actions", "type": "clause", "offset": [5773, 5783]}, {"key": "payoff-letters", "type": "clause", "offset": [6002, 6016]}, {"key": "lien-terminations", "type": "clause", "offset": [6047, 6064]}, {"key": "prior-to-the-closing-date", "type": "clause", "offset": [6241, 6266]}, {"key": "review-and-comment", "type": "clause", "offset": [6558, 6576]}, {"key": "in-good-faith", "type": "definition", "offset": [6659, 6672]}, {"key": "indemnify-and-hold-harmless", "type": "clause", "offset": [6754, 6781]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [6782, 6814]}, {"key": "respective-representatives", "type": "definition", "offset": [6825, 6851]}, {"key": "liabilities-and-expenses", "type": "clause", "offset": [6906, 6930]}, {"key": "charges-and-disbursements", "type": "clause", "offset": [6978, 7003]}, {"key": "actions-taken", "type": "clause", "offset": [7076, 7089]}, {"key": "gross-negligence", "type": "definition", "offset": [7215, 7231]}, {"key": "willful-misconduct", "type": "definition", "offset": [7233, 7251]}, {"key": "bad-faith", "type": "clause", "offset": [7262, 7271]}, {"key": "court-of-competent-jurisdiction", "type": "definition", "offset": [7384, 7415]}, {"key": "material-breach-by-the-company", "type": "clause", "offset": [7465, 7495]}, {"key": "agreement-or", "type": "definition", "offset": [7504, 7516]}, {"key": "revolving-loans", "type": "definition", "offset": [7647, 7662]}, {"key": "company-margin-facility", "type": "definition", "offset": [7673, 7696]}, {"key": "transactions-contemplated", "type": "clause", "offset": [7740, 7765]}], "size": 13, "snippet": "(i) At the request of Parent (and in consultation with the Company) at any time following the satisfaction of the conditions precedent set forth in Section 6.1(a) and Section 6.1(b), the Company shall, with respect to any outstanding series of Exchangeable Debentures and the Exchangeable Debentures Indenture relating thereto:\n(1) (x) as promptly as practicable (and in any event within ten (10) Business Days thereafter), unless the Company reasonably determines that it does not have aggregate LBC Available Liquidity (it being understood and agreed that Parent shall be entitled to repurchase additional shares of Parent Common Stock to enable the Company to satisfy its obligations contemplated by this clause (1) (provided that, for the avoidance of doubt, any such repurchase shall not result in the pro forma Equity Interests (as defined in the Stockholders and Letter Agreement Amendment) of the shares of Parent Common Stock then owned by the Company being less than 25.25% after giving effect to such repurchase of shares from the Company)) and/or availability under any Parent Loan Facility (as of the date the notice of redemption is delivered) sufficient in the reasonable judgment of the Company to meet the applicable redemption or reasonably expected exchange obligation under the applicable Exchangeable Debenture Indenture (as set forth in an officer\u2019s certificate delivered to Parent with reasonably detailed calculations thereof), execute and deliver to the trustee and holders a notice of redemption (in form and substance reasonably satisfactory to Parent) in accordance with such Exchangeable Debentures Indenture and the applicable series of Exchangeable Debentures pursuant to which such Exchangeable Debentures are irrevocably called for redemption pursuant to Section 11.12(a) (or, solely to the extent permitted by such Exchangeable Debentures Indenture at such time, Section 11.16(a)) of such Exchangeable Debentures Indenture, as applicable, on the thirtieth (30th) day (or such later date permitted by such Exchangeable Debentures Indenture as may be agreed by the Parent and the Company) after the date such notice of redemption is delivered and (y) take all actions necessary to cause such Exchangeable Debentures to be redeemed in full in cash on such redemption date (or, in the event any such Exchangeable Debentures are exchanged following delivery of such notice of redemption, take all actions necessary to settle any exchange obligation (including any premium) in respect of such Exchangeable Debentures in full in cash in accordance with such Exchangeable Debentures Indenture and such Exchangeable Debentures); provided that, with respect to any Exchangeable Debentures that are exchanged following delivery of such notice of redemption, if the Company reasonably determines as of five (5) business days prior to the settlement date for such exchange that it does not reasonably expect to have sufficient LBC Available Liquidity and/or availability under any Parent Loan Facility to satisfy such exchange obligation in cash on such settlement date (the amount of such shortfall, the \u201cExchangeable Shortfall Amount\u201d) (as set forth in an officer\u2019s certificate delivered to Parent with reasonably detailed calculations thereof), Parent (or its applicable Subsidiary) shall, at Parent\u2019s election, subject to Section 3(a)(vii) of the Stockholders and Letter Agreement Amendment, (x) repurchase additional shares of Parent Common Stock in accordance with the Stockholders and Letter Agreement Amendment (provided that, for the avoidance of doubt, any such repurchase shall not result in the pro forma Equity Interests (as defined in the Stockholders and Letter Agreement Amendment) of the shares of Parent Common Stock then owned by the Company being less than 25.25% after giving effect to such repurchase of shares from the Company) and/or (y) make loans to the Company under a Parent Loan Facility in accordance with the terms thereof, in each case prior to such settlement date in an amount equal to the Exchangeable Shortfall Amount; and\n(2) in connection with the transactions set forth in the foregoing clause (1), use reasonable best efforts to arrange for customary instruments and acknowledgements of discharge of such Exchangeable Debentures Indenture and such Exchangeable Debentures, in each case in respect of such Exchangeable Debentures, which documents and instruments the Company shall use its reasonable best efforts to deliver to Parent as soon as practicable on or after (and in any case, no later than five (5) Business Days after) such redemption or settlement.\n(ii) At the request of Parent (but only at such request), the Company shall (or shall cause its applicable Subsidiary to) (A) execute and deliver notices of redemption, prepayment and/or termination (which, at Parent\u2019s request, shall be delivered in advance of the Closing Date provided they are contingent upon the occurrence of the Closing), as applicable, in respect of any Company Debt specified by Parent, in each case in accordance with the terms of such Company Debt and within the time periods requested by Parent in accordance with such Company Debt, and deliver all other notices and take all other actions required by the terms of such Company Debt, or reasonably requested by Parent, to facilitate the redemption or prepayment of all amounts outstanding in respect of (and the termination of) such Company Debt, the release of any guarantees in connection therewith, and the release of any Encumbrances securing such obligations, on or following the Closing Date, as the case may be (it being understood and agreed that any such redemption, prepayment, termination and/or release shall be contingent upon the occurrence of the Closing and no actions shall be required which would obligate the Company or its Subsidiaries to complete such redemption or prepayment prior to the occurrence of the Closing) and (B) use its reasonable best efforts to arrange for customary payoff letters, terminations of commitments, lien terminations, releases and instruments and acknowledgements of discharge, as applicable, in respect of such Company Debt, which documents and instruments shall be delivered to Parent on or prior to the Closing Date (it being understood and agreed that the Company shall use reasonable best efforts to deliver drafts of such documents and instruments to Parent no later than five (5) Business Days prior to the Closing Date).\n(iii) The Company shall provide Parent and its counsel reasonable opportunity to review and comment on all such documents described in Section 5.22(a)(i) and (ii), and shall respond in good faith to the comments of Parent or its counsel with respect thereto.\n(iv) Parent shall indemnify and hold harmless the Company and its Subsidiaries and their respective Representatives from and against any and all losses, claims, damages, liabilities and expenses, including the reasonable and documented fees, charges and disbursements of counsel, incurred by them in connection with, or as a result of, any actions taken pursuant to this Section 5.22(a), except in the event such losses, claims, damages, liabilities or expenses arise out of (i) gross negligence, willful misconduct, fraud or bad faith by the Company or any of its Subsidiaries or their respective Representatives, in each case, as determined by a court of competent jurisdiction in a final and non-appealable judgment or (ii) a material breach by the Company of this Agreement or the applicable Exchangeable Debentures Indenture.\n(v) The Company shall apply all LBC Available Liquidity (including by borrowing revolving loans under the Company Margin Facility) to the extent necessary to consummate the transactions contemplated in this Section 5.22(a)(i)(1).", "hash": "43beefa5ae7c3042d59acb733ae65c9d", "id": 4}, {"samples": [{"hash": "1mvWbTNPPvq", "uri": "/contracts/1mvWbTNPPvq#early-redemption", "label": "Fiscal Agency Agreement (Abb LTD)", "score": 18.0, "published": true}], "snippet_links": [{"key": "upon-an-event-of-default", "type": "clause", "offset": [49, 73]}, {"key": "the-instruments", "type": "clause", "offset": [99, 114]}, {"key": "stated-maturity-date", "type": "clause", "offset": [130, 150]}, {"key": "prior-to-the", "type": "clause", "offset": [182, 194]}, {"key": "latest-date", "type": "definition", "offset": [195, 206]}, {"key": "notice-of-redemption", "type": "clause", "offset": [234, 254]}, {"key": "holders-of", "type": "clause", "offset": [283, 293]}, {"key": "give-notice", "type": "definition", "offset": [311, 322]}, {"key": "the-fiscal-agent", "type": "clause", "offset": [344, 360]}, {"key": "in-the-case", "type": "clause", "offset": [365, 376]}, {"key": "the-registrar", "type": "clause", "offset": [404, 417]}, {"key": "copied-to", "type": "definition", "offset": [419, 428]}, {"key": "in-respect-of", "type": "definition", "offset": [515, 528]}, {"key": "redemption-at-the-option-of-the-holders", "type": "clause", "offset": [613, 652]}, {"key": "relevant-issuer", "type": "definition", "offset": [678, 693]}, {"key": "the-paying-agents", "type": "clause", "offset": [707, 724]}, {"key": "copies-of-the", "type": "clause", "offset": [787, 800]}, {"key": "form-of", "type": "definition", "offset": [801, 808]}, {"key": "the-current", "type": "clause", "offset": [809, 820]}, {"key": "redemption-notice", "type": "definition", "offset": [821, 838]}, {"key": "make-available", "type": "definition", "offset": [904, 918]}, {"key": "notice-to-holders", "type": "clause", "offset": [951, 968]}, {"key": "upon-request", "type": "definition", "offset": [984, 996]}, {"key": "usual-business-hours", "type": "definition", "offset": [1004, 1024]}, {"key": "specified-offices", "type": "clause", "offset": [1045, 1062]}, {"key": "upon-receipt-of", "type": "clause", "offset": [1064, 1079]}, {"key": "exercise-of", "type": "clause", "offset": [1112, 1123]}, {"key": "definitive-instrument", "type": "definition", "offset": [1311, 1332]}, {"key": "relating-to", "type": "definition", "offset": [1346, 1357]}, {"key": "on-behalf-of", "type": "definition", "offset": [1380, 1392]}, {"key": "save-as", "type": "clause", "offset": [1450, 1457]}, {"key": "due-date", "type": "clause", "offset": [1496, 1504]}, {"key": "for-payment", "type": "clause", "offset": [1691, 1702]}, {"key": "in-accordance-with", "type": "clause", "offset": [1703, 1721]}, {"key": "terms-and-conditions-of-the", "type": "clause", "offset": [1726, 1753]}, {"key": "relevant-instruments", "type": "definition", "offset": [1754, 1774]}, {"key": "contained-in", "type": "definition", "offset": [1867, 1879]}, {"key": "due-and-payable", "type": "definition", "offset": [1995, 2010]}, {"key": "payment-of", "type": "clause", "offset": [2072, 2082]}, {"key": "without-prejudice-to-the", "type": "clause", "offset": [2212, 2236]}, {"key": "the-risk", "type": "clause", "offset": [2344, 2352]}, {"key": "at-the-end-of", "type": "clause", "offset": [2489, 2502]}, {"key": "applicable-period", "type": "definition", "offset": [2507, 2524]}, {"key": "days-after", "type": "definition", "offset": [2598, 2608]}, {"key": "in-relation-to", "type": "clause", "offset": [2657, 2671]}, {"key": "bearer-instruments", "type": "definition", "offset": [2706, 2724]}, {"key": "agent-shall", "type": "definition", "offset": [2737, 2748]}, {"key": "notify-the", "type": "clause", "offset": [2758, 2768]}, {"key": "the-principal-amount", "type": "definition", "offset": [2785, 2805]}, {"key": "serial-numbers", "type": "clause", "offset": [2904, 2918]}], "size": 18, "snippet": "10.1 If an Issuer intends (other than consequent upon an Event of Default) to redeem all or any of the Instruments prior to their stated maturity date it shall not less than 15 days prior to the latest date for the publication of the notice of redemption required to be given to the holders of any Instruments, give notice of such intention to the Fiscal Agent or, in the case of Registered Instruments, the Registrar (copied to the Fiscal Agent) stating the date on which such Instruments are to be redeemed.\n10.2 In respect of any Instruments to which Condition 6.06 applies or which carries any other right of redemption at the option of the holders of such Instruments, the relevant Issuer will provide the Paying Agents or, in the case of Registered Instruments, the Registrar with copies of the form of the current redemption notice and the Paying Agents or, as the case may be, the Registrar will make available forms of the current redemption notice to holders of Instruments upon request during usual business hours at their respective specified offices. Upon receipt of any Instrument deposited in the exercise of such option, the Paying Agent or, in the case of Registered Instruments, the Registrar with which such Instrument is deposited shall hold such Instrument (together with, in the case of a Definitive Instrument, any Coupons relating to it deposited with it) on behalf of the depositing holder of such Instrument (but shall not, save as provided below, release it) until the due date for redemption of the relevant Instrument consequent upon the exercise of such option, when, subject as provided below, it shall present such Instrument (and any such Coupons) to itself for payment in accordance with the terms and conditions of the relevant Instruments and shall pay such moneys in accordance with the directions of the holder of the Instrument contained in the relevant redemption notice. If, prior to such due date for its redemption, such Instrument becomes immediately due and payable by reason of an Event of Default or if upon due presentation payment of such redemption moneys is improperly withheld or refused, the Paying Agent concerned or, as the case may be, the Registrar shall without prejudice to the exercise of such option mail such Instrument (together with any such Coupons) by uninsured post to, and at the risk of, the holder of the relevant Instrument at such address as may have been given by such holder in the relevant redemption notice.\n10.3 At the end of any applicable period for the exercise of such option or, as the case may be, not later than 7 days after the latest date for the exercise of such option in relation to a particular date, in relation to Bearer Instruments each Paying Agent shall promptly notify the Fiscal Agent of the principal amount of the Instruments in respect of which such option has been exercised with it together with their serial numbers and the Fiscal Agent shall promptly notify such details to the relevant Issuer.\n10.4 At the end of any applicable period for the exercise of such option or, as the case may be, not later than 7 days after the latest date for the exercise of such option in relation to a particular date, in relation to Registered Instruments, the Registrar shall promptly notify the relevant Issuer of the principal amount of the Instruments in respect of which such option has been exercised together with their serial numbers.", "hash": "b14e0e71b7ff711da8bf884a1c790c36", "id": 3}, {"samples": [{"hash": "khGdnNwRw3v", "uri": "/contracts/khGdnNwRw3v#early-redemption", "label": "Security Agreement (Lucas Energy, Inc.)", "score": 27.6858310699, "published": true}, {"hash": "8xSpJiJnb4W", "uri": "/contracts/8xSpJiJnb4W#early-redemption", "label": "Securities Purchase Agreement (Lucas Energy, Inc.)", "score": 27.6228618622, "published": true}, {"hash": "8nWzTvd91Ns", "uri": "/contracts/8nWzTvd91Ns#early-redemption", "label": "Stock Purchase Agreement (Lucas Energy, Inc.)", "score": 27.6228618622, "published": true}], "snippet_links": [{"key": "warrant-maturity-date", "type": "definition", "offset": [13, 34]}, {"key": "provided-that", "type": "clause", "offset": [36, 49]}, {"key": "no-trigger-event", "type": "clause", "offset": [50, 66]}, {"key": "the-company-will", "type": "clause", "offset": [81, 97]}, {"key": "the-right", "type": "clause", "offset": [103, 112]}, {"key": "at-any-time", "type": "clause", "offset": [113, 124]}, {"key": "trading-days", "type": "clause", "offset": [133, 145]}, {"key": "prior-written-notice", "type": "definition", "offset": [147, 167]}, {"key": "sole-and-absolute-discretion", "type": "definition", "offset": [176, 204]}, {"key": "this-warrant", "type": "clause", "offset": [238, 250]}, {"key": "early-redemption-price", "type": "definition", "offset": [311, 333]}, {"key": "equal-to", "type": "definition", "offset": [336, 344]}, {"key": "sum-of", "type": "clause", "offset": [349, 355]}, {"key": "purchase-price-for", "type": "clause", "offset": [387, 405]}, {"key": "unexercised-portion", "type": "definition", "offset": [411, 430]}, {"key": "conversion-premium", "type": "clause", "offset": [461, 479]}], "size": 11, "snippet": "Prior to the Warrant Maturity Date, provided that no Trigger Event has occurred, the Company will have the right at any time upon 30 Trading Days\u2019 prior written notice, in its sole and absolute discretion, to redeem all or any portion of this Warrant then outstanding by paying Investor in cash an amount (the \u201cEarly Redemption Price\u201d) equal to the sum of the following: (a) 100% of the Purchase Price for such unexercised portion of this Warrant, plus (b) the Conversion Premium thereon, minus (c) any Premium thereon that has been paid.", "hash": "0c3797a45cc5bf09d54f020dcf6ffdce", "id": 5}, {"samples": [{"hash": "gGu3ql1sNKm", "uri": "/contracts/gGu3ql1sNKm#early-redemption", "label": "Preferred Stock Purchase Agreement (Urban Barns Foods Inc.)", "score": 21.2956886292, "published": true}, {"hash": "hKVRPzmxBYz", "uri": "/contracts/hKVRPzmxBYz#early-redemption", "label": "Preferred Stock Purchase Agreement (Purespectrum, Inc.)", "score": 21.1067752838, "published": true}, {"hash": "cUQFEDW2qVg", "uri": "/contracts/cUQFEDW2qVg#early-redemption", "label": "Preferred Stock Purchase Agreement (ImmunoCellular Therapeutics, Ltd.)", "score": 21.0, "published": true}], "snippet_links": [{"key": "pursuant-to-section", "type": "definition", "offset": [20, 39]}, {"key": "the-corporation", "type": "clause", "offset": [53, 68]}, {"key": "the-right", "type": "clause", "offset": [80, 89]}, {"key": "a-portion", "type": "definition", "offset": [137, 146]}, {"key": "shares-of-series-a-preferred-stock", "type": "clause", "offset": [154, 188]}, {"key": "price-per-share", "type": "definition", "offset": [195, 210]}, {"key": "equal-to", "type": "definition", "offset": [211, 219]}, {"key": "series-a-liquidation-value", "type": "definition", "offset": [237, 263]}, {"key": "first-anniversary", "type": "definition", "offset": [292, 309]}, {"key": "prior-to-the", "type": "clause", "offset": [314, 326]}, {"key": "second-anniversary", "type": "definition", "offset": [327, 345]}, {"key": "initial-issuance-date", "type": "definition", "offset": [353, 374]}, {"key": "third-anniversary", "type": "clause", "offset": [484, 501]}, {"key": "fourth-anniversary", "type": "definition", "offset": [644, 662]}], "size": 10, "snippet": "Prior to redemption pursuant to Section 6(a) hereof, the Corporation shall have the right, at the Corporation\u2019s option, to redeem all or a portion of the shares of Series A Preferred Stock, at a price per share equal to: (i) 127% of the Series A Liquidation Value if redeemed on or after the first anniversary but prior to the second anniversary of the initial Issuance Date, (ii) 118% of the Series A Liquidation Value if redeemed on or after the second anniversary but prior to the third anniversary of the initial Issuance Date, and (iii) 109% of the Series A Liquidation Value if redeemed on or after the third anniversary but prior to the fourth anniversary of the initial Issuance Date.", "hash": "79ee1ba1dc10a6b0200139b6b33b04fb", "id": 7}, {"samples": [{"hash": "ku2GCbw8AfY", "uri": "/contracts/ku2GCbw8AfY#early-redemption", "label": "Trust Deed", "score": 27.4654350281, "published": true}, {"hash": "6a1f6baTidG", "uri": "/contracts/6a1f6baTidG#early-redemption", "label": "Trust Deed", "score": 27.4654350281, "published": true}, {"hash": "ltzpbzpdWa3", "uri": "/contracts/ltzpbzpdWa3#early-redemption", "label": "Third Supplemental Trust Deed", "score": 26.9657764435, "published": true}], "snippet_links": [{"key": "in-accordance-with", "type": "clause", "offset": [5, 23]}, {"key": "condition-5", "type": "clause", "offset": [24, 35]}, {"key": "notice-to-the-trustee", "type": "clause", "offset": [36, 57]}, {"key": "the-issuer", "type": "definition", "offset": [61, 71]}, {"key": "the-notes", "type": "clause", "offset": [94, 103]}, {"key": "pursuant-to-condition", "type": "clause", "offset": [104, 125]}], "size": 10, "snippet": "give in accordance with Condition 5 notice to the Trustee of the Issuer's intention to redeem the Notes pursuant to Condition 5 and duly proceed to redeem such Notes accordingly;", "hash": "488aa4f7c2c6dee2b8d0993ac2fc7513", "id": 6}, {"samples": [{"hash": "eXtP5Hv0gF8", "uri": "/contracts/eXtP5Hv0gF8#early-redemption", "label": "Second Supplemental Guarantee Agreement (Reliant Energy Inc)", "score": 21.0, "published": true}], "snippet_links": [{"key": "the-subsidiary-guarantors", "type": "definition", "offset": [16, 41]}, {"key": "series-2002b-bonds", "type": "definition", "offset": [87, 105]}, {"key": "optional-redemption", "type": "definition", "offset": [243, 262]}, {"key": "beginning-june", "type": "clause", "offset": [307, 321]}, {"key": "amount-to-be-paid", "type": "clause", "offset": [422, 439]}, {"key": "holders-of", "type": "clause", "offset": [447, 457]}, {"key": "received-by", "type": "definition", "offset": [527, 538]}, {"key": "equal-to", "type": "definition", "offset": [571, 579]}, {"key": "percentage-of-principal-amount", "type": "clause", "offset": [607, 637]}, {"key": "accrued-interest", "type": "definition", "offset": [660, 676]}, {"key": "redemption-date", "type": "definition", "offset": [693, 708]}, {"key": "consent-of-the", "type": "clause", "offset": [1065, 1079]}, {"key": "a-majority", "type": "definition", "offset": [1100, 1110]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [1114, 1140]}, {"key": "guarantee-obligations", "type": "definition", "offset": [1148, 1169]}, {"key": "with-respect-to", "type": "clause", "offset": [1170, 1185]}, {"key": "series-of-bonds", "type": "definition", "offset": [1191, 1206]}, {"key": "the-collateral-trustee", "type": "clause", "offset": [1208, 1230]}, {"key": "the-equity-interests", "type": "clause", "offset": [1242, 1262]}, {"key": "rerh-holdings", "type": "definition", "offset": [1266, 1279]}, {"key": "all-or-substantially-all-of-the-assets", "type": "definition", "offset": [1319, 1357]}, {"key": "retail-assets", "type": "definition", "offset": [1429, 1442]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [1479, 1511]}, {"key": "wholesale-assets", "type": "definition", "offset": [1630, 1646]}, {"key": "in-the-case-of-an", "type": "clause", "offset": [1715, 1732]}, {"key": "sale-of-the", "type": "clause", "offset": [1739, 1750]}, {"key": "the-wholesale", "type": "clause", "offset": [1831, 1844]}, {"key": "day-of", "type": "clause", "offset": [1907, 1913]}, {"key": "fiscal-quarters", "type": "definition", "offset": [1930, 1945]}, {"key": "consolidated-leverage-ratio", "type": "definition", "offset": [1960, 1987]}, {"key": "the-applicable", "type": "clause", "offset": [1992, 2006]}, {"key": "consolidated-interest-coverage-ratio", "type": "clause", "offset": [2081, 2117]}, {"key": "ratio-test", "type": "definition", "offset": [2205, 2215]}, {"key": "to-file", "type": "definition", "offset": [2238, 2245]}, {"key": "form-8", "type": "definition", "offset": [2266, 2272]}, {"key": "the-sec", "type": "definition", "offset": [2280, 2287]}, {"key": "calculation-of-the", "type": "clause", "offset": [2300, 2318]}, {"key": "fiscal-year", "type": "definition", "offset": [2399, 2410]}, {"key": "quarter-period", "type": "definition", "offset": [2444, 2458]}, {"key": "the-foregoing", "type": "clause", "offset": [2553, 2566]}, {"key": "lien-release", "type": "definition", "offset": [2567, 2579]}, {"key": "the-company-also", "type": "definition", "offset": [2771, 2787]}, {"key": "notify-the", "type": "clause", "offset": [2807, 2817]}, {"key": "to-the-trustee", "type": "clause", "offset": [2871, 2885]}, {"key": "by-the-company", "type": "clause", "offset": [2931, 2945]}, {"key": "chief-financial-officer", "type": "definition", "offset": [2948, 2971]}, {"key": "without-consent", "type": "clause", "offset": [3026, 3041]}, {"key": "complying-with", "type": "clause", "offset": [3085, 3099]}], "size": 6, "snippet": "The Company and the Subsidiary Guarantors agree that, notwithstanding the terms of the Series 2002B Bonds, (1) the Company and the Subsidiary Guarantors will cause the Series 2002B Bonds not to be redeemed before June 1, 2011 and (2) upon any optional redemption of the Series 2002B Bonds during the period beginning June 1, 2011 and ending May 31, 2014, the Company and the Subsidiary Guarantors will cause an additional amount to be paid to the Holders of the Series 2002B Bonds being redeemed such that the aggregate amount received by such Holders upon redemption is equal to the amounts expressed as a percentage of principal amount set forth below (plus accrued interest, if any, to the redemption date) for a redemption of the Series 2002B Bonds during the periods set forth below: June 1, 2011 through May 31, 2012 103 % June 1, 2012 through May 31, 2013 102 % June 1, 2013 through May 31, 2014 101 %\n(g) The following Subsection (h) is added to Section 10.06:\n(h) Notwithstanding anything herein to the contrary, the Company agrees that, without the prior consent of the holders of at least a majority in aggregate principal amount of the Guarantee Obligations with respect to each Series of Bonds, the Collateral Trustee\u2019s Liens in the Equity Interests of RERH Holdings, LLC (or its successor) or, if any, in all or substantially all of the assets of RERH Holdings, LLC and its Subsidiaries (or their successors) (the \u201cRetail Assets\u201d) or in all or substantially all of the Company and its Subsidiaries\u2019 (other than RERH Holdings, LLC and its Subsidiaries\u2019 (or their successors)) assets, including Equity Interests (the \u201cWholesale Assets\u201d) may not be released, except no such consent shall be required (i) in the case of an Asset Sale of the Equity Interests of RERH Holdings, LLC (or its successor), the Retail Assets or the Wholesale Assets or (ii) on and after the date on which, as of the last day of two consecutive Fiscal Quarters, both (A) the Consolidated Leverage Ratio for the applicable immediately preceding four Fiscal Quarters was 2.75:1 or less and (B) the Consolidated Interest Coverage Ratio for the applicable immediately preceding four Fiscal Quarters was 3.25:1 or more (the \u201cRatio Test\u201d). The Company agrees to file a current report on Form 8-K with the SEC showing the calculation of the Ratio Test within 60 days (or 90 days if end of the period is also the end of a fiscal year) (i) after the end of first four-quarter period in which it meets the Ratio Test and for which it proposes to use the Ratio Test to implement the foregoing Lien release and (ii) after the end of the second consecutive four-quarter period in which it meets the Ratio Test and for which it proposes to use the Ratio Test to implement the foregoing Lien release. The Company also agrees to promptly notify the Trustee of the filing of the Form 8-K and to deliver to the Trustee the calculations of the Ratio Test certified by the Company\u2019s chief financial officer and that the Company may not implement a Lien release without consent on account of the Ratio Test without first complying with this sentence and the immediately preceding sentence. The following terms shall have the following meanings when used in this paragraph (h):", "hash": "d633f5f96999da30a858e8f49a565634", "id": 10}, {"samples": [{"hash": "dWh197xKKWW", "uri": "/contracts/dWh197xKKWW#early-redemption", "label": "Promissory Note Purchase Agreement (Ando Holdings Ltd.)", "score": 29.2532520294, "published": true}, {"hash": "63oue0pRDyL", "uri": "/contracts/63oue0pRDyL#early-redemption", "label": "Promissory Note Purchase Agreement (Ando Holdings Ltd.)", "score": 29.1683769226, "published": true}, {"hash": "3LYrNB5PojF", "uri": "/contracts/3LYrNB5PojF#early-redemption", "label": "Promissory Note Purchase Agreement (Ando Holdings Ltd.)", "score": 29.0342235565, "published": true}], "snippet_links": [{"key": "the-investor", "type": "definition", "offset": [0, 12]}, {"key": "the-note", "type": "clause", "offset": [24, 32]}, {"key": "at-any-time", "type": "clause", "offset": [33, 44]}, {"key": "maturity-date", "type": "clause", "offset": [56, 69]}, {"key": "by-accepting", "type": "clause", "offset": [71, 83]}, {"key": "outstanding-principal", "type": "definition", "offset": [111, 132]}, {"key": "written-notice", "type": "definition", "offset": [179, 193]}, {"key": "redemption-amount", "type": "definition", "offset": [206, 223]}, {"key": "information-to-the-company", "type": "clause", "offset": [235, 261]}, {"key": "notice-period", "type": "definition", "offset": [282, 295]}, {"key": "and-the-company", "type": "clause", "offset": [329, 344]}, {"key": "to-pay", "type": "clause", "offset": [356, 362]}, {"key": "interest-charge", "type": "definition", "offset": [367, 382]}, {"key": "monthly-basis", "type": "definition", "offset": [386, 399]}, {"key": "partial-redemption", "type": "definition", "offset": [408, 426]}, {"key": "pursuant-to-the", "type": "definition", "offset": [476, 491]}, {"key": "balance-of-the", "type": "clause", "offset": [504, 518]}], "size": 7, "snippet": "the Investor may redeem the note at any time before the Maturity Date, by accepting 90% of the partial or full outstanding principal and giving the Company not less than 30 days\u2019 written notice stating the redemption amount and wiring information to the Company. During the written notice period, the Note still carries interest and the Company is obliged to pay the interest charge on monthly basis. If the partial redemption takes place, the interest charge will be accrued pursuant to the Outstanding Balance of the Note.", "hash": "4a061fff2036fe3b0c845ea9da69d66d", "id": 8}, {"samples": [{"hash": "fzi3OAHFvgN", "uri": "/contracts/fzi3OAHFvgN#early-redemption", "label": "Security Agreement (Pmi Group Inc)", "score": 17.3394927979, "published": true}, {"hash": "9cxe56PRMFK", "uri": "/contracts/9cxe56PRMFK#early-redemption", "label": "Security Agreement (Pmi Group Inc)", "score": 17.3394927979, "published": true}], "snippet_links": [{"key": "the-company-shall", "type": "clause", "offset": [0, 17]}, {"key": "subject-to-the", "type": "definition", "offset": [19, 33]}, {"key": "applicable-regulator", "type": "definition", "offset": [55, 75]}, {"key": "surplus-note", "type": "definition", "offset": [89, 101]}, {"key": "prior-to-the", "type": "clause", "offset": [123, 135]}, {"key": "maturity-date", "type": "clause", "offset": [136, 149]}, {"key": "in-accordance-with", "type": "clause", "offset": [151, 169]}, {"key": "the-provisions", "type": "clause", "offset": [170, 184]}, {"key": "reference-notes", "type": "definition", "offset": [199, 214]}, {"key": "optional-call", "type": "definition", "offset": [269, 282]}, {"key": "a-fundamental-change", "type": "clause", "offset": [286, 306]}, {"key": "efforts-to-obtain", "type": "clause", "offset": [350, 367]}, {"key": "the-repurchase", "type": "clause", "offset": [418, 432]}, {"key": "repurchase-date", "type": "clause", "offset": [497, 512]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [569, 589]}, {"key": "redemption-price", "type": "clause", "offset": [616, 632]}, {"key": "receipt-of", "type": "clause", "offset": [644, 654]}, {"key": "business-day", "type": "definition", "offset": [699, 711]}, {"key": "redemption-date", "type": "definition", "offset": [769, 784]}, {"key": "equal-to", "type": "definition", "offset": [918, 926]}, {"key": "repurchase-amount", "type": "definition", "offset": [942, 959]}, {"key": "lesser-amount", "type": "definition", "offset": [969, 982]}, {"key": "approved-by", "type": "definition", "offset": [983, 994]}, {"key": "in-addition", "type": "clause", "offset": [1031, 1042]}, {"key": "pay-to", "type": "definition", "offset": [1043, 1049]}, {"key": "the-holder", "type": "clause", "offset": [1050, 1060]}, {"key": "in-respect-of", "type": "definition", "offset": [1081, 1094]}, {"key": "redeemed-amount", "type": "definition", "offset": [1100, 1115]}, {"key": "interest-payment-date", "type": "definition", "offset": [1172, 1193]}, {"key": "but-excluding", "type": "clause", "offset": [1203, 1216]}, {"key": "payment-of", "type": "clause", "offset": [1325, 1335]}, {"key": "to-the-extent", "type": "clause", "offset": [1516, 1529]}, {"key": "due-and-payable", "type": "definition", "offset": [1601, 1616]}, {"key": "following-the", "type": "definition", "offset": [1655, 1668]}, {"key": "and-the-company", "type": "clause", "offset": [1697, 1712]}, {"key": "the-terms-and-conditions", "type": "clause", "offset": [2034, 2058]}, {"key": "conversion-redemption", "type": "clause", "offset": [2232, 2253]}, {"key": "conversion-amount", "type": "definition", "offset": [2599, 2616]}, {"key": "holders-of", "type": "clause", "offset": [2922, 2932]}, {"key": "in-connection-with", "type": "clause", "offset": [2963, 2981]}, {"key": "the-material", "type": "definition", "offset": [2982, 2994]}, {"key": "accrued-and-unpaid-interest", "type": "definition", "offset": [3022, 3049]}, {"key": "with-respect-to", "type": "clause", "offset": [3050, 3065]}], "size": 6, "snippet": "The Company shall, subject to the prior consent of the Applicable Regulator, redeem this Surplus Note, in full or in part, prior to the Maturity Date, in accordance with the provisions below. If the Reference Notes are to be repurchased, in whole or in part, due to an Optional Call or a Fundamental Change, the Company shall use its reasonable best efforts to obtain the consent of the Applicable Regulator to redeem the Repurchase Redemption Portion of this Surplus Note prior to the applicable Repurchase Date, or as soon as reasonably practicable thereafter, in an amount not to exceed the applicable Repurchase Redemption Price. Following receipt of consent of the Applicable Regulator, on the Business Day prior to the applicable Repurchase Date (the \u201cRepurchase Redemption Date\u201d), the Company shall redeem the Repurchase Redemption Portion of this Surplus Note for an amount (the \u201cRepurchase Redemption Price\u201d) equal to the applicable Repurchase Amount, or such lesser amount approved by the Applicable Regulator, and shall in addition pay to the Holder all unpaid interest in respect of such redeemed amount accruing from (and including) the immediately preceding Interest Payment Date through, but excluding, such Repurchase Redemption Date. If the Applicable Regulator does not approve such redemption, or approves payment of a lesser amount, then the Company shall pay to the Holder the amount so approved and the Repurchase Redemption Portion of this Surplus Note shall remain outstanding and unredeemed to the extent of such unapproved amount and interest shall continue to accrue and be due and payable thereon on each Interest Payment Date following the Repurchase Redemption Date, and the Company shall use its reasonable best efforts to obtain the consent of the Applicable Regulator to redeem the unapproved amount as soon as reasonably practicable following the Repurchase Redemption Date. The portion of this Surplus Note not so redeemed shall remain outstanding and continue to accrue interest in accordance with the terms and conditions herein. Following the occurrence of a Material Conversion, the Company shall use its reasonable best efforts to obtain the consent of the Applicable Regulator to redeem the Conversion Redemption Portion of this Surplus Note in an amount not to exceed the Conversion Redemption Price. Following receipt of consent of the Applicable Regulator, on the Conversion Redemption Date, the Company shall redeem the Conversion Redemption Portion of this Surplus Note for an amount (the \u201cConversion Redemption Price\u201d) equal to the applicable Material Conversion Amount or such lesser amount approved by the Applicable Regulator, and shall in addition pay to the Holder all unpaid interest in respect of such redeemed amount accruing from (and including) the immediately preceding Interest Payment Date through, but excluding, such redemption date, if and to the extent that holders of the Reference Notes converted in connection with the Material Conversion are entitled to accrued and unpaid interest with respect to such Reference Notes. If the Applicable Regulator does not approve such redemption, or approves payment of a lesser amount, then the Company shall pay to the Holder the amount so approved and the Conversion Redemption Portion of this Surplus Note shall remain outstanding and unredeemed to the extent of such unapproved amount and interest shall continue to accrue and be due and payable thereon on each Interest Payment Date following the Conversion Redemption Date, and the Company shall use its reasonable best efforts to obtain the consent of the Applicable Regulator to redeem the unapproved amount as soon as reasonably practicable following the Conversion Redemption Date. The portion of this Surplus Note not so redeemed shall remain outstanding and continue to accrue interest in accordance with the terms and conditions herein.", "hash": "69af262d71aa075beec1619cd3990803", "id": 9}], "next_curs": "ClkSU2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjULEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhllYXJseS1yZWRlbXB0aW9uIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"children": [["notice-of-redemption", "Notice of Redemption"], ["redemption-notice", "Redemption Notice"], ["zero-coupon-notes", "Zero Coupon Notes"], ["copies-of-documents-for-inspection", "Copies of documents for inspection"], ["other-notes", "Other Notes"]], "parents": [["execution-completion-authentication-and-delivery", "Execution Completion Authentication and Delivery"], ["miscellaneous", "Miscellaneous"], ["redemption", "Redemption"], ["patriot-act", "Patriot Act"], ["general-provisions", "General Provisions"]], "size": 411, "title": "Early Redemption", "id": "early-redemption", "related": [["early-redemption-amounts", "Early Redemption Amounts", "<strong>Early Redemption</strong> Amounts"], ["optional-redemption", "Optional Redemption", "Optional Redemption"], ["payment-upon-redemption", "Payment Upon Redemption", "Payment Upon Redemption"], ["tax-redemption", "Tax Redemption", "Tax Redemption"], ["final-redemption", "Final Redemption", "Final Redemption"]], "related_snippets": [], "updated": "2026-02-28T04:48:56+00:00", "also_ask": ["What negotiation leverage does the early redemption right provide each party?", "Which essential terms must be included to avoid ambiguity in early redemption clauses?", "What are the most common legal pitfalls or fatal flaws in early redemption provisions?", "How do early redemption rights in this agreement compare to market standards or statutory defaults?", "What factors most influence a court\u2019s decision to enforce or invalidate an early redemption clause?"], "drafting_tip": "Specify redemption triggers to prevent disputes, set notice requirements to ensure clarity, and outline payment terms to avoid enforcement issues.", "explanation": "The Early Redemption clause allows a party, typically the issuer of a financial instrument or loan, to repay the principal amount before the scheduled maturity date. In practice, this means the issuer can choose to pay off the debt early, sometimes by providing advance notice or paying a specified premium or penalty. This clause provides flexibility for the issuer to manage debt obligations proactively, and it protects them from being locked into unfavorable terms if market conditions change."}, "json": true, "cursor": ""}}