Mandatory and Optional Redemption. (i) Upon repayment of any Affiliate Investment Instrument at maturity, prepayment or redemption of any Affiliate Investment Instrument, including as a result of the acceleration of such Affiliate Investment Instrument, the proceeds from such repayment, prepayment or redemption simultaneously shall be applied to redeem Partnership Preferred Securities at an amount per Partnership Preferred Securities equal to $25 plus accumulated and unpaid Distributions thereon, including any Compounded Distributions (the “Redemption Price”).
(ii) Partnership Preferred Securities shall be redeemable at the option of the General Partner, in whole or in part, from time to time, on or after June 30, 2008, upon not less than 30 nor more than 60 days notice, at the Redemption Price. The Partnership may not redeem at the option of the General Partner the Partnership Preferred Securities in part unless all accumulated and unpaid Distributions, including any Compounded Distributions, have been paid in full on all Partnership Preferred Securities for all Fiscal Periods terminating on or prior to the date of redemption. If a partial redemption of the Partnership Preferred Securities at the option of the General Partner would result in the delisting of the Trust Preferred Securities (or, if the Trust is liquidated in connection with a Trust Special Event, or if a partial redemption would result in the delisting of the Partnership Preferred Securities), the Partnership may only redeem the Partnership Preferred securities in whole but not in part.”
Mandatory and Optional Redemption. (a) Except as required under Section 4.15 or 4.16, the Issuer will not be required to make any mandatory redemption or sinking fund payments with respect to the Notes. The Issuer may at any time and from time to time purchase Notes in the open market, in privately negotiated transactions or otherwise. Except as set forth in Section 3.3(b) and (c), the Issuer will not be entitled to redeem the Series A Notes at its option prior to December 1, 2014.
(b) The Series A Notes will be redeemable, at the Issuer’s option, in whole at any time or in part from time to time, on and after December 1, 2014 upon not less than 30 nor more than 60 prior days’ notice, at the following Redemption Prices (expressed as a percentage of the principal amount of such Notes) plus accrued and unpaid interest on such Notes, if any, to, but not including, the applicable Redemption Date (subject to the right of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date), if redeemed during the twelve-month period beginning on December 1 of the years set forth below (in the aggregate, the “Optional Redemption Price”): Prior to December 1, 2014 N/A 2014 105.500 % 2015 102.750 % 2016 and thereafter 100.000 % The Series B Notes will be redeemable at any time, at the Issuer’s option, in whole or in part from time to time upon not less than 30 nor more than 60 prior days’ notice, at a Redemption Price equal to 100.000% of the principal amount of the Series B Notes that are redeemed plus accrued and unpaid interest thereon, if any, to, but not including, the applicable Redemption Date (subject to the right of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date)
Mandatory and Optional Redemption. Each Note is subject to mandatory redemption, in whole or in part, as may be required pursuant to Section 3.01(b) of the Common Agreement, at a Redemption Price equal to all unpaid principal thereof plus accrued and unpaid interest and Additional Amounts, if any, thereon to the Redemption Date on a Redemption Date corresponding to the date on which written instruction is received by the Offshore Depositary Bank from the Offshore Collateral Agent (acting in accordance with written instructions from the Intercreditor Agent) pursuant to the Depositary Agreement to apply such amounts to such redemption. Each Outstanding Note is subject to redemption or purchase at the Issuer's option:
(a) at any time in whole or in part, without the consent of any Holder, but subject to and in accordance with the Common Agreement, upon its giving irrevocable prior written notice pursuant to Section 3.4 of the Indenture, if as a result of any new laws or any change or proposed change in, or amendment or proposed amendment to, or expiration of, any existing laws, regulations or governmental policy having the force of law or in the official interpretation or application thereof of (i) Mexico (or of any political subdivision or taxing authority thereof or therein) or any execution of or amendment to any treaty or treaties affecting taxation to which Mexico (or any political subdivision or taxing authority thereof or therein) is a party, with respect to payments on the Notes or under the Sponsor Credit Support (other than the Energo Guarantee), or (ii) Russia (or of any political subdivision or taxing authority thereof or therein) or any execution of or amendment to any treaty or treaties affecting taxation to which Russia (or any political subdivision or taxing authority thereof or therein) is a party, with respect to payments under the Energo Guarantee, which change or amendment becomes effective after the date of original issuance of this Note (in each case, any such change or amendment, being herein referred to as a "Tax Law Change"), the Issuer or any Sponsor (as the case may be) has become or will be obligated to pay or withhold, Additional Amounts on any Payment Date (x) in excess of Additional Amounts payable on the Notes or under the Sponsor Credit Support (other than the Energo Guarantee) attributable to withholding taxes imposed at a rate of 4.9% or (y) under the Energo Guarantee, provided that, if the Tax Law Change whereby the Issuer or a Sponsor has become or will be ...
Mandatory and Optional Redemption. 71 SECTION 1102. Applicability of Article.................................................................71
Mandatory and Optional Redemption. (a) The Company shall redeem all of the Outstanding Securities on August 1, 2003 at 100% of the principal amount thereof, together with accrued and unpaid interest to the redemption date, from the Holders of the Securities.
(b) The Securities are redeemable at any time at the option of the Company, in whole or in part, on not less than 30 nor more than 60 days' notice, at 100% of the principal amount thereof, plus accrued and unpaid interest (if any) to the date of redemption.
Mandatory and Optional Redemption. 4.1 Subject to Condition 4.2 unless:
(a) an Enforcement Event or Winding Up Proceeding occurs pursuant to clause 13 of the Trust Deed or Condition 8.1; or
(b) the Issuer has redeemed the Subordinated Debt in full pursuant to Conditions 4.2 below; or
(c) the Subordinated Debt are purchased in the open market or by way of private treaty and subsequently cancelled in accordance with Condition 5.2, the Issuer shall redeem the Subordinated Debt at their Nominal Value on the relevant Maturity Dates and shall not redeem the Subordinated Debt in whole or in part before the respective Maturity Dates.
4.2 Redemption of the Subordinated Debt shall be in accordance with Clauses 8.3, 8.4 and 8.5 of the Trust Deed, which permits early redemption subject to the terms and conditions set out in Clauses 8.3, 8.4 and 8.5 of the Trust Deed respectively.
Mandatory and Optional Redemption. 28 SECTION 3.02. Selection of Securities to Be Redeemed..................29 SECTION 3.03.
Mandatory and Optional Redemption. (a) If the Company or any of its Subsidiaries is required to Offer to purchase Fixed Rate Notes pursuant to Section 4.06 (or would have been required to offer to purchase Fixed Rate Notes if any Fixed Rate Notes were then outstanding), then an amount of Net Proceeds determined in accordance with Section 4.06 hereof shall be promptly applied toward the redemption of Increasing Rate Notes, at par plus accrued and unpaid interest to the date of redemption.
(b) The Company may at its option redeem the Securities (other than any Fixed Rate Notes that are then non-callable pursuant to Section 2.02(c)), in whole or in part, at any time, (i) in the case of Increasing Rate Notes, at par plus accrued and unpaid interest to the date of redemption and (ii) in the case of Fixed Rate Notes that are then callable pursuant to Section 2.02(c), at the optional redemption premium then applicable to each such Fixed Rate Note pursuant to Section 2.02(c), plus accrued and unpaid interest to the date of redemption; provided that in the event of an optional redemption pursuant to this Section 3.01(b), the Increasing Rate Notes and callable Fixed Rate Notes shall be redeemed ratably with prepayments of any outstanding Loans in accordance with the terms of the Interim Loan Agreement.
(c) If the Company shall optionally prepay any Loans pursuant to the terms of the Interim Loan Agreement, then the Company shall, simultaneously therewith, redeem the Securities (other than any Fixed Rate Notes that are then non-callable pursuant to Section 2.02(c)) on a pro rata basis with the Loans so prepaid, at (i) in the case of Increasing Rate Notes, par plus accrued and unpaid interest to the date of redemption and (ii) in the case of Fixed Rate Notes that are then callable pursuant to Section 2.02(c), the optional redemption premium then applicable to each such Fixed Rate Note pursuant to Section 2.02(c), plus accrued and unpaid interest to the date of redemption.
(d) Notwithstanding Section 2.02(c), prior to March 1, 2009, the Company shall be entitled at its option on one or more occasions to redeem Fixed Rate Notes in an aggregate principal amount not to exceed 35% of the aggregate principal amount of the Fixed Rate Notes then outstanding at a redemption price equal to par plus the then applicable coupon with respect to each such Fixed Rate Note, plus accrued and unpaid interest to the redemption date, with the net cash proceeds from one or more Equity Offerings; provided, however, that (1) ...
Mandatory and Optional Redemption. On February 26, 2007, the Corporation shall redeem each Class A Preferred Share then outstanding (the "Mandatory Redemption"), subject to the limitations set forth in Section 5B below. In addition, the Corporation may, at its option, at any time and from time to time, redeem all or any portion of the Class A Preferred Shares then outstanding (each an "Optional Redemption"). Upon either a Mandatory Redemption or an Optional Redemption, the Corporation shall pay out of funds legally available therefor a price per Class A Preferred Share equal to the Redemption Price.
Mandatory and Optional Redemption. Except as required under Section 4.12 or 4.13, the Issuer will not be required to make any mandatory redemption or sinking fund payments with respect to the Notes. The Issuer may at any time and from time to time purchase Notes in the open market, in privately negotiated transactions or otherwise. The Notes will be redeemable, at the Issuer’s option, in whole or in part at any time and from time to time, upon not less than 30 nor more than 60 days’ prior notice, at a Redemption Price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest on such Notes, if any, to, but not including, the Redemption Date (subject to the right of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date).
