Common use of Election To Redeem; Notices to Trustee Clause in Contracts

Election To Redeem; Notices to Trustee. Notes of any series that are redeemable before their Stated Maturity shall be redeemable in accordance with their respective terms and (except as otherwise specified as contemplated by Section 2.01 for Notes of any series) in accordance with this Article III. Any redemption may, at the Company’s discretion, be subject to the satisfaction of one or more conditions precedent. If the Company elects to redeem any Notes pursuant to this Article III, at least 10 days prior to the Redemption Date (unless a shorter period is acceptable to the Trustee and the Paying Agent) but not more than 60 days prior to the Redemption Date (unless a longer period is acceptable to the Trustee and the Paying Agent), the Company shall notify the Trustee and the Paying Agent in writing of the series of Notes to be redeemed, the Redemption Date and the principal amount of such Notes to be redeemed and the Redemption Price, and deliver to the Trustee and the Paying Agent, no later than two Business Days prior to the Redemption Date (unless a shorter period is acceptable to the Trustee and the Paying Agent), an Officer’s Certificate stating that such redemption will comply with the conditions contained this Article III. Any such notice may be canceled at any time prior to the mailing of such notice of such redemption to any Holder and shall thereupon be void and of no effect. The notice shall reflect the conditions to the redemption and shall be specified by the Company.

Appears in 3 contracts

Samples: Note (Reynolds American Inc), British American Tobacco p.l.c., British American Tobacco p.l.c.

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Election To Redeem; Notices to Trustee. Notes of any series that are redeemable before their Stated Maturity shall be redeemable in accordance with their respective terms and (except as otherwise specified as contemplated by Section 2.01 for Notes of any series) in accordance with this Article III. Any redemption may, at the Company’s discretion, be subject to the satisfaction of one or more conditions precedent. If the Company elects to redeem any Notes pursuant to this Article III3, at least 10 days 3 Business Days prior to the Redemption Date date on which the notice of a redemption shall be sent to the Holders (unless a shorter notice period is acceptable shall be satisfactory to the Trustee and the Paying Agent) but not more than 60 days prior to the Redemption Date (unless a longer period is acceptable to the Trustee and the Paying AgentTrustee), the Company shall notify the Trustee and the Paying Agent in writing of the series of Notes to be redeemed, the Redemption Date and the principal amount of such Notes to be redeemed and the Redemption Price, and deliver to the Trustee and the Paying AgentTrustee, no later than two Business Days prior to the Redemption Date (unless a shorter period is acceptable to the Trustee and the Paying Agent)Date, an Officer’s Officers’ Certificate stating that such redemption will comply with the conditions contained this Article III3. Any such notice may be canceled at any time prior Notice given to the mailing Trustee pursuant to this Section 3.01 may, at the Company’s discretion, be subject to the satisfaction of such notice of such redemption to any Holder and shall thereupon be void and of no effectone or more conditions precedent. The notice Trustee may waive either or both of the time periods set forth in this Section 3.01 or agree to shorter time periods. Other than an optional redemption made by an affirmative election of the Company pursuant to this Section 3.01, no payment, purchase, redemption, repurchase, defeasance, exchange or other acquisition, retirement for value or satisfaction of Notes (including any payment made or deemed made after acceleration of the Notes) shall reflect constitute an optional redemption of the conditions to Notes for purposes of Section 3.07 hereof and paragraphs 5 and 7 of the redemption and shall be specified by the CompanyNotes.

Appears in 2 contracts

Samples: Indenture (Alliance Data Systems Corp), Indenture (Alliance Data Systems Corp)

Election To Redeem; Notices to Trustee. Notes of any series that are redeemable before their Stated Maturity shall be redeemable in accordance with their respective terms and (except as otherwise specified as contemplated by Section 2.01 for Notes of any series) in accordance with this Article III. Any redemption may, at the Company’s discretion, be subject to the satisfaction of one or more conditions precedent. If the Company elects to redeem any Notes pursuant to this Article III3, at least 10 30 days prior to the Redemption Date (unless a shorter period is acceptable to the Trustee and the Paying Agent) but not more than 60 days prior to the Redemption Date (unless a longer period is acceptable to the Trustee and the Paying Agent)Date, the Company shall notify the Trustee and the Paying Agent in writing of the series of Notes to be redeemed, the Redemption Date and the principal amount of such Notes to be redeemed and the Redemption Price, and deliver to the Trustee and the Paying AgentTrustee, no later than two Business Days prior to the Redemption Date (unless a shorter period is acceptable to the Trustee and the Paying Agent)Date, an Officer’s Officers' Certificate stating that such redemption will comply with the conditions contained this Article III3. Any such notice may be canceled at any time prior Notice given to the mailing Trustee pursuant to this Section 3.01 may, at the Company's discretion, be subject to the satisfaction of such notice of such redemption to any Holder and shall thereupon be void and of no effectone or more conditions precedent. The notice Trustee may waive either or both of the time periods set forth in this Section 3.01 or agree to shorter time periods. Other than an optional redemption made by an affirmative election of the Company pursuant to this Section 3.01, no payment, purchase, redemption, repurchase, defeasance, exchange or other acquisition, retirement for value or satisfaction of Notes (including any payment made or deemed made after acceleration of the Notes) shall reflect constitute an optional redemption of the conditions to Notes for purposes of Section 3.07 hereof and paragraphs 5 and 7 of the redemption and shall be specified by the CompanyNotes.

Appears in 1 contract

Samples: Indenture (Alliance Data Systems Corp)

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Election To Redeem; Notices to Trustee. Notes of any series that are redeemable before their Stated Maturity shall be redeemable in accordance with their respective terms and (except as otherwise specified as contemplated by Section 2.01 for Notes of any series) in accordance with this Article III. Any redemption may, at the Company’s discretion, be subject to the satisfaction of one or more conditions precedent. If the Company elects to redeem any Notes pursuant to this Article III3, at least 10 days three Business Days prior to the Redemption Date date on which the notice of a redemption shall be sent to the Holders (unless a shorter notice period is acceptable shall be satisfactory to the Trustee and the Paying Agent) but not more than 60 days prior to the Redemption Date (unless a longer period is acceptable to the Trustee and the Paying AgentTrustee), the Company shall notify the Trustee and the Paying Agent in writing of the series of Notes to be redeemed, the Redemption Date and the principal amount of such Notes to be redeemed and the Redemption Price, and deliver to the Trustee and the Paying AgentTrustee, no later than two Business Days prior to the Redemption Date (unless a shorter period is acceptable to the Trustee and the Paying Agent)Date, an Officer’s Officers’ Certificate stating that such redemption will comply with the conditions contained this Article III3. Any such notice may be canceled at any time prior Notice given to the mailing Trustee pursuant to this Section 3.01 may, at the Company’s discretion, be subject to the satisfaction of such notice of such redemption to any Holder and shall thereupon be void and of no effectone or more conditions precedent. The notice Trustee may waive either or both of the time periods set forth in this Section 3.01 or agree to shorter time periods. Other than an optional redemption made by an affirmative election of the Company pursuant to this Section 3.01, no payment, purchase, redemption, repurchase, defeasance, exchange or other acquisition, retirement for value or satisfaction of Notes (including any payment made or deemed made after acceleration of the Notes) shall reflect constitute an optional redemption of the conditions to Notes for purposes of Section 3.07 hereof and paragraphs 5 and 7 of the redemption and shall be specified by the CompanyNotes.

Appears in 1 contract

Samples: Bread Financial Holdings, Inc.

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