Common use of Election to Redeem; Notice to Trustee of Optional and Mandatory Redemptions Clause in Contracts

Election to Redeem; Notice to Trustee of Optional and Mandatory Redemptions. (a) If the Company elects to redeem Notes pursuant to Section 5.2, the Company should furnish to the Trustee, at least three Business Days for Global Notes and ten calendar days for Physical Notes before notice of redemption is required to be sent or caused to be sent to Holders pursuant to Section 5.4, an Officer’s Certificate setting forth (i) the paragraph or subparagraph of such Note and/or Section of this Indenture pursuant to which the redemption shall occur, (ii) the Redemption Date, (iii) the principal amount of the Notes to be redeemed and (iv) the Redemption Price, but failure to so notify the Trustee shall not invalidate any notice given in accordance with Section 5.4, and shall not constitute a Default or Event of Default by the Company. The Company may also include a request in such Officer’s Certificate that the Trustee give the notice of redemption in the Company’s name and at their expense and setting forth the information to be stated in such notice as provided in Section 5.4. The Company shall deliver to the Trustee such documentation and records as shall enable the Trustee to select the Notes to be redeemed pursuant to this Section 5.3.

Appears in 2 contracts

Samples: Intercreditor Agreement (Lannett Co Inc), Lannett Co Inc

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Election to Redeem; Notice to Trustee of Optional and Mandatory Redemptions. (a) If the Company Issuer elects to redeem less than all of the Notes pursuant to Section 5.2of any series, the Company Issuer should furnish to the Trustee, at least three five Business Days for Global Notes and ten 10 calendar days for Physical definitive Notes (or such shorter period as shall be reasonably satisfactory to the Trustee) before notice of redemption is required to be sent or caused to be sent to Holders pursuant to Section 5.45.3, an Officer’s Certificate setting forth (i) the paragraph or subparagraph of such Note and/or Section of this Indenture pursuant to which the redemption shall occur, (ii) the Redemption Date, (iii) the principal amount of the Notes to be redeemed and (iv) the Redemption Price, but failure to so notify the Trustee shall not invalidate any notice given in accordance with Section 5.45.3, and shall not constitute a Default or Event of Default by the CompanyIssuer. The Company Issuer may also include a request in such Officer’s Certificate that the Trustee give the notice of redemption in the CompanyIssuer’s name and at their its expense and setting forth the information to be stated in such notice as provided in Section 5.45.3. The Company Issuer shall deliver to the Trustee such documentation and records as shall enable the Trustee to select the Notes to be redeemed pursuant to this Section 5.35.2.

Appears in 1 contract

Samples: Indenture (Booz Allen Hamilton Holding Corp)

Election to Redeem; Notice to Trustee of Optional and Mandatory Redemptions. (a) If the Company Issuer elects to redeem Notes pursuant to Section 5.2, 5.2 the Company should Issuer shall furnish to the Trustee, at least three five Business Days for Global Notes and ten 10 calendar days for Physical Notes before notice of redemption is required to be sent or caused to be sent to Holders pursuant to Section 5.4, an Officer’s Certificate setting forth (i) the paragraph or subparagraph of such Note and/or Section of this Indenture pursuant to which the redemption shall occur, (ii) the Redemption Date, (iii) the principal amount of the Notes to be redeemed and (iv) the Redemption Price, but failure to so notify the Trustee shall not invalidate any notice given in accordance with Section 5.4, and shall not constitute a Default or Event of Default by the CompanyIssuer. The Company Issuer may also include a request in such Officer’s Certificate that the Trustee give the notice of redemption in the CompanyIssuer’s name and at their its expense and setting forth the information to be stated in such notice as provided in Section 5.4. The Company Issuer shall deliver to the Trustee such documentation and records as shall enable the Trustee to select the Notes to be redeemed pursuant to this Section 5.3.

Appears in 1 contract

Samples: Sylvamo Corp

Election to Redeem; Notice to Trustee of Optional and Mandatory Redemptions. (a) If the Company Issuer elects to redeem Notes pursuant to Section 5.2, the Company Issuer should furnish to the Trustee, at least three Business Days for Global Notes and ten 10 calendar days for Physical Notes before notice of redemption is required to be sent or caused to be sent to Holders pursuant to Section 5.4, an Officer’s Certificate setting forth (i) the paragraph or subparagraph of such Note and/or Section of this Indenture pursuant to which the redemption shall occur, (ii) the Redemption Date, (iii) the principal amount of the Notes to be redeemed and (iv) the Redemption Price, but failure to so notify the Trustee shall not invalidate any notice given in accordance with Section 5.4, and shall not constitute a Default or Event of Default by the CompanyIssuer. The Company Issuer may also include a request in such Officer’s Certificate that the Trustee give the notice of redemption in the CompanyIssuer’s name and at their its expense and setting forth the information to be stated in such notice as provided in Section 5.4. The Company Issuer shall deliver to the Trustee such documentation and records as shall enable the Trustee to select the Notes to be redeemed pursuant to this Section 5.3.

Appears in 1 contract

Samples: Indenture (Booz Allen Hamilton Holding Corp)

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Election to Redeem; Notice to Trustee of Optional and Mandatory Redemptions. (a) If the Company Issuer elects to redeem less than all of the Notes of any series pursuant to Section 5.2, the Company Issuer should furnish to the Trustee, at least three Business Days for Global Notes and ten 10 calendar days for Physical Notes before notice of redemption is required to be sent or caused to be sent to Holders pursuant to Section 5.4, an Officer’s Certificate setting forth (i) the paragraph or subparagraph of such Note and/or Section of this Indenture pursuant to which the redemption shall occur, (ii) the Redemption Date, (iii) the principal amount of the Notes to be redeemed and (iv) the Redemption Price, but failure to so notify the Trustee shall not invalidate any notice given in accordance with Section 5.4, and shall not constitute a Default or Event of Default by the CompanyIssuer. The Company Issuer may also include a request in such Officer’s Certificate that the Trustee give the notice of redemption in the CompanyIssuer’s name and at their its expense and setting forth the information to be stated in such notice as provided in Section 5.4. The Company Issuer shall deliver to the Trustee such documentation and records as shall enable the Trustee to select the Notes to be redeemed pursuant to this Section 5.3.. 102

Appears in 1 contract

Samples: Indenture (Booz Allen Hamilton Holding Corp)

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