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: Bond Purchase Agreement (Aqua America Inc), Bond Purchase Agreement (Aqua America Inc), Bond Purchase Agreement (Aqua America Inc)

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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: Trust Indenture (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: Bond Agreement (International Absorbents Inc)

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: Trust Indenture

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Extraordinary Optional Redemption. The Bonds are shall be subject to redemption, at any time prior to maturityoptional redemption by the Issuer, at the option of the Authority, upon the written direction of the Company, in wholewhole or in part as described below, on any date, at a Redemption Price of 100% of redemption price equal to the principal amount of the Bonds to be redeemed, being redeemed plus accrued interest accrued thereon to the date fixed for redemptionredemption date, if any of the following events shall have occurredif:

Appears in 1 contract

Samples: Trust Indenture (Environmental Power Corp)

Extraordinary Optional Redemption. The During any Term Rate Period or Fixed Rate Period, the Bonds are also subject to redemption, redemption prior to maturity in whole at any time prior to maturity, at the option of the Authority, upon exercised at the direction of the Company, upon notice given as provided in wholethe Indenture, at a Redemption Price of 100% of redemption price equal to the principal amount of the Bonds to be redeemedthereof, plus together with unpaid interest accrued thereon to the date fixed for redemption, if in any of the following events shall have occurredevents:

Appears in 1 contract

Samples: Trust Indenture (Consolidated Edison Co of New York Inc)

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