Common use of Exchange Upon Redemption Clause in Contracts

Exchange Upon Redemption. If the Company calls any Note for Redemption, then the Holder of such Note may Exchange such Note at any time before the Close of Business on the second (2nd) Business Day immediately before the related Redemption Date (or, if the Company fails to pay the Redemption Price due on such Redemption Date in full, at any time until such time as the Company pays such Redemption Price in full).

Appears in 3 contracts

Samples: First Supplemental Indenture (Centennial Resource Development, Inc.), Indenture (Spotify Technology S.A.), Indenture (Realogy Group LLC)

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Exchange Upon Redemption. If the Company Issuer calls any Note for a Tax Redemption, then the Holder of such Note may Exchange exchange such Note at any time before the Close close of Business business on the second (2nd) Business Day immediately before the related Redemption Date (or, if the Company Issuer fails to pay the Redemption Price due on such Redemption Date in full, at any time until such time as the Company Issuer pays such Redemption Price in full).

Appears in 2 contracts

Samples: Indenture (Nabors Industries LTD), Indenture (Nabors Industries LTD)

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