Common use of Extraordinary Optional Redemption Clause in Contracts

Extraordinary Optional Redemption. The Bonds are subject to redemption, at any time prior to maturity, at the option of the Authority, upon the direction of the Company, in whole, at a Redemption Price of 100% of the principal amount of the Bonds to be redeemed, plus interest accrued thereon to the date fixed for redemption, if any of the following events shall have occurred:

Appears in 5 contracts

Samples: Financing Agreement (Aqua America Inc), Financing Agreement (Aqua America Inc), Financing Agreement (Aqua America Inc)

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Extraordinary Optional Redemption. The Bonds are subject to redemptionredemption in whole, at any time prior to maturity, at the option of the Authority, upon the direction of the CompanyBorrower, in wholeon behalf of the Issuer, at a the Redemption Price Price, on any date for which the requisite notice of 100% redemption can be given, within 180 days of the principal amount occurrence of the Bonds to be redeemed, plus interest accrued thereon to the date fixed for redemption, if any of the following events shall have occurredevents:

Appears in 1 contract

Samples: Financing Agreement (Ikonics Corp)

Extraordinary Optional Redemption. The In the event of a Change of Circumstances, the Bonds are shall be subject to redemption, at any time redemption and payment prior to maturitythe stated maturity thereof, at the option of the AuthorityIssuer, upon instructions from the direction of the CompanyCorporation, in whole, on any date at a Redemption Price of 100% redemption price equal to the par value of the principal amount thereof, plus accrued interest thereon to the redemption date, without premium, provided all of the Bonds are so redeemed and paid according to be redeemed, plus interest accrued thereon to the date fixed for redemption, if any of the following events shall have occurred:their terms.

Appears in 1 contract

Samples: Elecsys Corp

Extraordinary Optional Redemption. The Bonds are shall be subject to optional redemption, at in whole but not in part, on any time prior to maturity, at the option of the Authority, upon the direction of the Company, in wholeBusiness Day, at a Redemption Price of redemption price equal to 100% of the principal amount of the Bonds to be redeemedthereof, plus interest accrued thereon to the date fixed for redemptionredemption date, if but only with the prior written consent of the Bank in the event the Lessee elects to exercise its option to prepay the Agreement upon the occurrence of any of the following events shall have occurred:listed in Section 3.01(c) of the Indenture.

Appears in 1 contract

Samples: International Absorbents Inc

Extraordinary Optional Redemption. The All Bonds are subject to redemptionredemption in whole or in part, at any time whether prior or subsequent to maturitythe Conversion Date, at the option of the Authority, upon the direction of the Company, in whole, at a Redemption Price of 100% of redemption price equal to the principal amount of the Bonds to be redeemedthereof, without premium, plus accrued interest accrued thereon to the redemption date fixed for redemption, if upon the occurrence of any of the following events shall have occurredevents:

Appears in 1 contract

Samples: Reimbursement and Security Agreement (Tj International Inc)

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Extraordinary Optional Redemption. The Bonds are subject to redemptionredemption prior to their stated dates of maturity, in whole or in part by lot on any date, from the prepayment of Loan Payments payable by the Obligated Group under Section 7.02 of the Financing Agreement, at any time prior to maturity, at the option of the Authority, upon the direction of the Company, in whole, at a Redemption Price of 100% of the principal amount of the Bonds to be redeemed, par plus accrued interest accrued thereon to the date fixed for redemption, if any of the following events shall have occurred:but without premium,

Appears in 1 contract

Samples: www.sumtercountyfl.gov

Extraordinary Optional Redemption. The Bonds are shall be subject to redemption, redemption at any time prior to maturity, at the option of the Authority, upon the direction of the CompanyCompany in whole or in part at any time, in wholeas described below, at a an Extraordinary Optional Redemption Price of price equal to 100% of the principal amount of the Bonds to be redeemedthereof, plus accrued interest accrued thereon to the date fixed for redemptionredemption date, if any one or more of the following events shall have occurred:

Appears in 1 contract

Samples: Trust Indenture (Alabama Power Co)

Extraordinary Optional Redemption. The Bonds are subject to redemption, at any time redemption and payment prior to maturitythe stated maturity thereof, at the option of the AuthorityIssuer, which shall be exercised upon written direction from the direction of the CompanyCorporation, in wholewhole or in part on any date, at a Redemption Price of redemption price equal to 100% of the principal amount of the Bonds to be redeemedthereof, plus accrued interest accrued thereon to the date fixed for redemptionredemption date, if without premium, upon the occurrence of any of the following events shall have occurredevents:

Appears in 1 contract

Samples: Loan Agreement

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