Common use of Form of Mandatory Redemption Notice Clause in Contracts

Form of Mandatory Redemption Notice. Notice of redemption under Section 10.04 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days prior to the Mandatory Redemption Date to each Holder of Notes to be redeemed, as of the close of business on the Record Date preceding the Mandatory Redemption Date at such Holder’s address appearing in the Note Register. All notices of redemption shall state: (1) the Mandatory Redemption Date; (2) the Mandatory Redemption Price; and (3) the place where such Notes are to be surrendered for payment of the Mandatory Redemption Price (which shall be the office or agency of the Note Issuer to be maintained as provided in Section 3.02 hereof). Notice of redemption of the Notes to be redeemed shall be given by the Note Trustee in the name and at the expense of the Note Issuer. Failure to give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.

Appears in 4 contracts

Samples: Note Indenture (CEC Funding, LLC), Note Indenture (BEC Funding II, LLC), Note Indenture (BEC Funding II, LLC)

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Form of Mandatory Redemption Notice. Notice of ------------------------------------ redemption under Section 10.04 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five three days prior to the Mandatory Redemption Date to each Holder of Notes to be redeemed, as of the close of business on the Record Date preceding the Mandatory Redemption Date at such Holder’s 's address appearing in the Note Register. All notices of redemption shall state: (1) the Mandatory Redemption Date; (2) the Mandatory Redemption Price; and (3) the place where such Notes are to be surrendered for payment of the Mandatory Redemption Price (which shall be the office or agency of the Note Issuer to be maintained as provided in Section 3.02 hereof). Notice of redemption Redemption of the Notes to be redeemed shall be given by the Note Trustee in the name and at the expense of the Note Issuer. Failure to give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect effect the validity of the redemption of any other Note.

Appears in 3 contracts

Samples: Indenture (Sdg&e Funding LLC a De Limited Liability Co), Indenture (Sce Funding LLC), Indenture (Pg&e Funding LLC)

Form of Mandatory Redemption Notice. Notice of redemption under Section 10.04 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days prior to the Mandatory Redemption Date to each Holder of Notes to be redeemed, as of the close of business on the Record Date preceding the Mandatory Redemption Date at such Holder’s 's address appearing in the Note Register. All notices of redemption shall state: (1) the Mandatory Redemption Date; (2) the Mandatory Redemption Price; and (3) the place where such Notes are to be surrendered for payment of the Mandatory Redemption Price (which shall be the office or agency of the Note Issuer to be maintained as provided in Section 3.02 hereof). Notice of redemption of the Notes to be redeemed shall be given by the Note Trustee in the name and at the expense of the Note Issuer. Failure to give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.

Appears in 2 contracts

Samples: Note Indenture (Bec Funding LLC), Note Indenture (B E C Energy)

Form of Mandatory Redemption Notice. Notice of redemption under Section 10.04 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days prior to the Mandatory Redemption Date to each Holder of Notes Bonds to be redeemed, as of the close of business on the Record Date preceding the Mandatory Redemption Date at such Holder’s 's address appearing in the Note Register. All notices of redemption shall state: (1i) the Mandatory Redemption Date; (2ii) the Mandatory Redemption Price; and (3iii) the place where such Notes Bonds are to be surrendered for payment of the Mandatory Redemption Price (which shall be the office or agency of the Note Issuer to be maintained as provided in Section 3.02 hereof3.02). Notice of redemption of the Notes Bonds to be redeemed shall be given by the Note Trustee in the name and at the expense of the Note Issuer. Failure to give notice of redemption, or any defect therein, to any Holder of any Note selected Bonds elected for redemption shall not impair or affect the validity of the redemption of any other NoteBond.

Appears in 2 contracts

Samples: Indenture (PSNH Funding LLC 2), Indenture (PSNH Funding LLC)

Form of Mandatory Redemption Notice. Notice of redemption under Section 10.04 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days prior to the Mandatory Redemption Date to each Holder of Notes to be redeemed, as of the close of business on the Record Date preceding the Mandatory Redemption Date at such Holder’s 's address appearing in the Note Register. All notices of redemption shall state: (1i) the Mandatory Redemption Date; (2ii) the Mandatory Redemption Price; and (3iii) the place where such Notes are to be surrendered for payment of the Mandatory Redemption Price (which shall be the office or agency of the Note Issuer to be maintained as provided in Section 3.02 hereof3.02). Notice of redemption of the Notes to be redeemed shall be given by the Note Trustee in the name and at the expense of the Note Issuer. Failure to give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.

Appears in 1 contract

Samples: Note Indenture (Wmeco Funding LLC)

Form of Mandatory Redemption Notice. Notice of ------------------------------------ redemption under Section 10.04 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days prior to the Mandatory Redemption Date to each Holder of Notes to be redeemed, as of the close of business on the Record Date preceding the Mandatory Redemption Date at such Holder’s 's address appearing in the Note Register. All notices of redemption shall state: (1) the Mandatory Redemption Date; (2) the Mandatory Redemption Price; and (3) the place where such Notes are to be surrendered for payment of the Mandatory Redemption Price (which shall be the office or agency of the Note Issuer to be maintained as provided in Section 3.02 hereof). Notice of redemption of the Notes to be redeemed shall be given by the Note Trustee in the name and at the expense of the Note Issuer. Failure to give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.

Appears in 1 contract

Samples: Indenture (Pg&e Funding LLC)

Form of Mandatory Redemption Notice. Notice of redemption ----------------------------------- under Section 10.04 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days prior to the Mandatory Redemption Date to each Holder of Notes to be redeemed, as of the close of business on the Record Date preceding the Mandatory Redemption Date at such Holder’s Xxxxxx's address appearing in the Note Register. All notices of redemption shall state: (1) the Mandatory Redemption Date; (2) the Mandatory Redemption Price; and (3) the place where such Notes are to be surrendered for payment of the Mandatory Redemption Price (which shall be the office or agency of the Note Issuer to be maintained as provided in Section 3.02 hereof). Notice of redemption of the Notes to be redeemed shall be given by the Note Trustee in the name and at the expense of the Note Issuer. Failure to give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.

Appears in 1 contract

Samples: Indenture (Sierra Pacific Power Co)

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Form of Mandatory Redemption Notice. Notice of ----------------------------------- redemption under Section 10.04 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days prior to the Mandatory Redemption Date to each Holder of Notes to be redeemed, as of the close of business on the Record Date preceding the Mandatory Redemption Date at such Holder’s 's address appearing in the Note Register. All notices of redemption shall state: (1) the Mandatory Redemption Date; (2) the Mandatory Redemption Price; and (3) the place where such Notes are to be surrendered for payment of the Mandatory Redemption Price (which shall be the office or agency of the Note Issuer to be maintained as provided in Section 3.02 hereof). Notice of redemption of the Notes to be redeemed shall be given by the Note Trustee in the name and at the expense of the Note Issuer. Failure to give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.

Appears in 1 contract

Samples: Indenture (Sce Funding LLC)

Form of Mandatory Redemption Notice. Notice of redemption under Section 10.04 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days prior to the Mandatory Redemption Date to each Holder of Notes to be redeemed, as of the close of business on the Record Date preceding the Mandatory Redemption Date at such Holder’s 's address appearing in the Note Register. All notices of redemption shall state: (1i) the Mandatory Redemption Date; (2ii) the Mandatory Redemption Price; and (3iii) the place where such Notes are to be surrendered for payment of the Mandatory Redemption Price (which shall be the office or agency of the Note Issuer to be maintained as provided in Section 3.02 hereof). Notice of redemption of the Notes to be redeemed shall be given by the Note Trustee in the name and at the expense of the Note Issuer. Failure to give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.

Appears in 1 contract

Samples: Note Indenture (Cl&p Funding LLC)

Form of Mandatory Redemption Notice. Notice of redemption under Section 10.04 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days prior to the Mandatory Redemption Date to each Holder of Notes to be redeemed, as of the close of business on the Record Date preceding the Mandatory Redemption Date at such Holder’s Xxxxxx's address appearing in the Note Register. All notices of redemption shall state: (1i) the Mandatory Redemption Date; (2ii) the Mandatory Redemption Price; and (3iii) the place where such Notes are to be surrendered for payment of the Mandatory Redemption Price (which shall be the office or agency of the Note Issuer to be maintained as provided in Section 3.02 hereof3.02). Notice of redemption of the Notes to be redeemed shall be given by the Note Trustee in the name and at the expense of the Note Issuer. Failure to give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.

Appears in 1 contract

Samples: Note Indenture (Wmeco Funding LLC)

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