Common use of Make-Whole Redemption Clause in Contracts

Make-Whole Redemption. Except as set forth in this paragraph 4 and in paragraph 5, the Company shall not be entitled to redeem the Notes prior to October 1, 2021. At any time prior to October 1, 2021, the Company shall be entitled at its option to redeem the Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus the Make-Whole Premium as of, and accrued and unpaid interest, if any, to, the redemption date (subject to the right of Holders on the relevant record date to receive interest due on the relevant interest payment date). Any redemption pursuant to this paragraph 4 shall be made, to the extent applicable, pursuant to the provisions of Sections 3.02 through 3.07 of the Base Indenture, as supplemented by the Supplemental Indenture. The Trustee shall have no responsibility or obligation whatsoever to calculate the Make-Whole Premium in connection with any redemption hereunder. Such responsibility shall be solely that of the Company. For the purposes of this paragraph 4, the following terms shall have the meaning indicated:

Appears in 1 contract

Samples: Chesapeake Energy Corp

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Make-Whole Redemption. Except as set forth in this paragraph 4 below and in paragraph 5, the Company shall not be entitled to redeem the Notes prior to October 1June 15, 20212022. At any time prior to October 1June 15, 20212022, the Company shall be entitled at its option to redeem the Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus the Make-Whole Premium as of, and accrued and unpaid interest, if any, to, to the redemption date (subject to the right of Holders on the relevant record date to receive interest due on the relevant interest payment date). Any redemption pursuant to this paragraph 4 shall be made, to the extent applicable, pursuant to the provisions of Sections 3.02 through 3.07 of the Base Indenture, as supplemented by the Supplemental Indenture. The Trustee shall have no responsibility or obligation whatsoever to calculate the Make-Whole Premium in connection with any redemption hereunder. Such responsibility shall be solely that of the Company. For the purposes of this paragraph 4, the following terms shall have the meaning indicated:

Appears in 1 contract

Samples: Chesapeake Energy Corp

Make-Whole Redemption. Except as set forth in this paragraph 4 and in paragraph 5below, the Company shall not be entitled to redeem the Notes prior to October 1April 15, 20212017. At any time prior to October 1April 15, 20212017, the Company shall be entitled at its option to redeem the Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus the Make-Whole Premium as of, and accrued and unpaid interest, if any, to, to the redemption date (subject to the right of Holders on the relevant record date to receive interest due on the relevant interest payment date). Any redemption pursuant to this paragraph 4 shall be made, to the extent applicable, pursuant to the provisions of Sections 3.02 through 3.07 of the Base Indenture, as supplemented by the Supplemental Indenture. The Trustee shall have no responsibility or obligation whatsoever to calculate the Make-Whole Premium in connection with any redemption hereunder. Such responsibility shall be solely that of the Company. For the purposes of this paragraph 4, the following terms shall have the meaning indicated:

Appears in 1 contract

Samples: Second Supplemental Indenture (Chesapeake Energy Corp)

Make-Whole Redemption. Except as set forth in this paragraph 4 and in paragraph 5, the Company shall not be entitled to redeem the Notes prior to October April 1, 2021. At any time prior to October April 1, 2021, the Company shall be entitled at its option to redeem the Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus the Make-Whole Premium as of, and accrued and unpaid interest, if any, to, the redemption date (subject to the right of Holders on the relevant record date to receive interest due on the relevant interest payment date). Any redemption pursuant to this paragraph 4 shall be made, to the extent applicable, pursuant to the provisions of Sections 3.02 through 3.07 of the Base Indenture, as supplemented by the Supplemental Indenture. The Trustee shall have no responsibility or obligation whatsoever to calculate the Make-Whole Premium in connection with any redemption hereunder. Such responsibility shall be solely that of the Company. For the purposes of this paragraph 4, the following terms shall have the meaning indicated:

Appears in 1 contract

Samples: Eighth Supplemental Indenture (Chesapeake Energy Corp)

Make-Whole Redemption. Except as set forth in this paragraph 4 and in paragraph 5, the Company shall not be entitled to redeem the Notes prior to October 1March 15, 20212022. At any time prior to October 1March 15, 20212022, the Company shall be entitled at its option to redeem the Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus the Make-Whole Premium as of, and accrued and unpaid interest, if any, to, to the redemption date (subject to the right of Holders on the relevant record date to receive interest due on the relevant interest payment date). Any redemption pursuant to this paragraph 4 shall be made, to the extent applicable, pursuant to the provisions of Sections 3.02 through 3.07 of the Base Indenture, as supplemented by the Supplemental Indenture. The Trustee shall have no responsibility or obligation whatsoever to calculate the Make-Whole Premium in connection with any redemption hereunder. Such responsibility shall be solely that of the Company. For the purposes of this paragraph 4, the following terms shall have the meaning indicated:

Appears in 1 contract

Samples: Chesapeake Energy Corp

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Make-Whole Redemption. Except as set forth in this paragraph 4 and in paragraph 5below, the Company shall not be entitled to redeem the Notes prior to October 1April 15, 20212015. At any time prior to October 1April 15, 20212015, the Company shall be entitled at its option to redeem the Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus the Make-Whole Premium as of, and accrued and unpaid interest, if any, to, to the redemption date (subject to the right of Holders on the relevant record date to receive interest due on the relevant interest payment dateInterest Payment Date). Any redemption pursuant to this paragraph 4 shall be made, to the extent applicable, pursuant to the provisions of Sections 3.02 through 3.07 of the Base Indenture, as supplemented by the Supplemental Indenture. The Trustee shall have no responsibility or obligation whatsoever to calculate the Make-Whole Premium in connection with any redemption hereunder. Such responsibility shall be solely that of the Company. For the purposes of this paragraph 4, the following terms shall have the meaning indicated:

Appears in 1 contract

Samples: First Supplemental Indenture (Chesapeake Energy Corp)

Make-Whole Redemption. Except as set forth in this paragraph 4 below and in paragraph 5, the Company shall not be entitled to redeem the Notes prior to October 1January 15, 20212020. At any time prior to October 1January 15, 20212020, the Company shall be entitled at its option to redeem the Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus the Make-Whole Premium as of, and accrued and unpaid interest, if any, to, to the redemption date (subject to the right of Holders on the relevant record date to receive interest due on the relevant interest payment date). Any redemption pursuant to this paragraph 4 shall be made, to the extent applicable, pursuant to the provisions of Sections 3.02 through 3.07 of the Base Indenture, as supplemented by the Supplemental Indenture. The Trustee shall have no responsibility or obligation whatsoever to calculate the Make-Whole Premium in connection with any redemption hereunder. Such responsibility shall be solely that of the Company. For the purposes of this paragraph 4, the following terms shall have the meaning indicated:

Appears in 1 contract

Samples: Chesapeake Energy Corp

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