Common use of Form of Optional Redemption Notice Clause in Contracts

Form of Optional Redemption Notice. Notice of redemption under Section 10.01 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days nor more than 25 days prior to the Optional Redemption Date to each Holder of Notes to be redeemed, as of the close of business on the Record Date preceding the Optional Redemption Date at such Holder’s address appearing in the Note Register. All notices of redemption shall state: (1) the Optional Redemption Date; (2) the Optional Redemption Price; and (3) the place where such Notes are to be surrendered for payment of the Optional 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 (BEC Funding II, LLC), Note Indenture (BEC Funding II, LLC), Note Indenture (CEC Funding, LLC)

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Form of Optional Redemption Notice. Notice of redemption under Section 10.01 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five (5) days nor more than 25 forty-five (45) days prior to the Optional Redemption Date to each Holder of Notes Bonds to be redeemed, as of the close of business on the Record Date preceding the Optional Redemption Date at such Holder’s address appearing in the Note Bond Register. All notices of redemption shall state: (1) the Optional Redemption Date; (2) the Optional Redemption Price; and (3) the place where such Notes Bonds are to be surrendered for payment of the Optional 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 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 Bond selected for redemption shall not impair or affect the validity of the redemption of any other NoteBond.

Appears in 2 contracts

Samples: Indenture (PG&E Energy Recovery Funding LLC), Indenture (PG&E Energy Recovery Funding LLC)

Form of Optional Redemption Notice. Notice of redemption under Section 10.01 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days nor more than 25 days prior to the Optional Redemption Date to each Holder of Notes to be redeemed, as of the close of business on the Record Date preceding the Optional Redemption Date at such Holder’s 's address appearing in the Note Register. All notices of redemption shall state: (1i) the Optional Redemption Date; (2ii) the Optional Redemption Price; and (3iii) the place where such Notes are to be surrendered for payment of the Optional 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 2 contracts

Samples: Note Indenture (Wmeco Funding LLC), Note Indenture (Wmeco Funding LLC)

Form of Optional Redemption Notice. Notice of redemption under Section 10.01 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days nor more than 25 days prior to the Optional Redemption Date to each Holder of Notes to be redeemed, as of the close of business on the Record Date preceding the Optional Redemption Date at such Holder’s 's address appearing in the Note Register. All notices of redemption shall state: (1) the Optional Redemption Date; (2) the Optional Redemption Price; and (3) the place where such Notes are to be surrendered for payment of the Optional 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 (B E C Energy), Note Indenture (Bec Funding LLC)

Form of Optional Redemption Notice. Notice of redemption under Section 10.01 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days nor more than 25 days prior to the Optional Redemption Date to each Holder of Notes Bonds to be redeemed, as of the close of business on the Record Date preceding the Optional Redemption Date at such Holder’s 's address appearing in the Note Register. All notices of redemption shall state: (1i) the Optional Redemption Date; (2ii) the Optional Redemption Price; and (3iii) the place where such Notes Bonds are to be surrendered for payment of the Optional 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), Indenture (PSNH Funding LLC 2)

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Form of Optional Redemption Notice. Notice of ---------------------------------- redemption under Section 10.01 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days nor more than 25 days prior to the Optional Redemption Date to each Holder of Notes Bonds to be redeemed, as of the close of business on the Record Date preceding the Optional Redemption Date at such Holder’s 's address appearing in the Note Register. All notices of redemption shall state: (1i) the Optional Redemption Date; (2ii) the Optional Redemption Price; and (3iii) the place where such Notes Bonds are to be surrendered for payment of the Optional 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 1 contract

Samples: Indenture (PSNH Funding LLC 2)

Form of Optional Redemption Notice. Notice of redemption under Section 10.01 hereof shall be given by the Note Trustee by first-class mail, postage prepaid, mailed not less than five days nor more than 25 days prior to the Optional Redemption Date to each Holder of Notes to be redeemed, as of the close of business on the Record Date preceding the Optional Redemption Date at such Holder’s 's address appearing in the Note Register. All notices of redemption shall state: (1i) the Optional Redemption Date; (2ii) the Optional Redemption Price; and (3iii) the place where such Notes are to be surrendered for payment of the Optional 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)

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