Common use of Exercise of call or other option Clause in Contracts

Exercise of call or other option. If the Relevant Issuer intends (other than consequent upon an Event of Default) to redeem all or any of the Notes prior to their stated maturity date or to exercise any other option under the Conditions, it shall, not less than 14 days prior to the latest date for the publication of the notice of redemption or of exercise of such option required to be given to the Holders of any Notes, give notice of such intention to the Principal Paying Agent, the Registrar (in respect of Registered Notes) and the Trustee stating the date on which such Notes are to be redeemed or such option is to be exercised and, in the event of a partial redemption of the Notes, such notice shall also state the applicable method for determining such Notes to be redeemed.

Appears in 4 contracts

Samples: Issue and Paying Agency Agreement, Issue and Paying Agency Agreement, Issue and Paying Agency Agreement

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Exercise of call or other option. If the Relevant Issuer intends (other than consequent upon an Event of Default) to redeem all or any of the Notes prior to their stated maturity date or to exercise any other option under the Conditions, it shall, not less than 14 days prior to the latest date for the publication of the notice of redemption or of exercise of such option required to be given to the Holders of any Notes, give notice of such intention to the Principal Paying Agent, the Non-US Registrar or the US Registrar, as applicable, (in respect of Registered Notes) and the Trustee stating the date on which such Notes are to be redeemed or such option is to be exercised and, in the event of a partial redemption of the Notes, such notice shall also state the applicable method for determining such Notes to be redeemed.

Appears in 2 contracts

Samples: Paying Agency Agreement, Paying Agency Agreement

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