for such Securities. In case of any redemption at the election of the Issuer of the Securities of any series in whole or in part (including any such redemption affecting only a single Security), the Issuer shall, not fewer than 40 days prior to the Redemption Date fixed by the Issuer (unless a shorter notice period shall be satisfactory to the Trustee), notify the Trustee of such Redemption Date, of the principal amount of Securities of such series to be redeemed and, if applicable, of the tenor of the Securities to be redeemed. In the case of any redemption of Securities (a) prior to the expiration of any restriction on such redemption provided in the terms of such Securities or (b) pursuant to an election of the Issuer which is subject to a condition specified in the terms of such Securities, the Issuer shall furnish the Trustee with an Officers’ Certificate and an Opinion of Counsel evidencing compliance with such restriction or condition.
Appears in 3 contracts
Samples: Indenture of Trust (Kayne Anderson MLP Investment CO), Indenture of Trust (Kayne Anderson MLP Investment CO), Indenture of Trust (Kayne Anderson MLP Investment CO)
for such Securities. In case of any redemption at the election of the Issuer Issuers of less than all the Securities of any series in whole or in part (including any such redemption affecting only a single Security), the Issuer Issuers shall, not fewer than 40 days at least 5 Business Days prior to the Redemption Date fixed by the Issuer Issuers (unless a shorter notice period shall be satisfactory to the Trustee), notify the Trustee of such Redemption Date, of the principal amount of Securities of such series to be redeemed and, if applicable, of the tenor of the Securities to be redeemed. In the case of any redemption of Securities (ai) prior to the expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, or (bii) pursuant to an election of the Issuer which Issuers that is subject to a condition specified in the terms of such Securitiesthe Securities of the series to be redeemed, the Issuer Issuers shall furnish the Trustee with an Officers’ Certificate and an Opinion of Counsel evidencing compliance with such restriction or condition.
Appears in 1 contract