Common use of Method and Effect of Redemption Clause in Contracts

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 days before the redemption date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed on a pro rata basis, subject to adjustments so that no Notes are redeemed in an unauthorized denomination (or, in the case of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 principal amount and higher integral multiples of $1,000 (subject to the procedures of the Depositary). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered address, except notices of redemption may be mailed more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenture.

Appears in 3 contracts

Samples: Indenture, Supplemental Indenture (Rex Energy Corp), Indenture (Rex Energy Corp)

AutoNDA by SimpleDocs

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 10 days before the notice of redemption date required pursuant to this Section 3.03(a) is sent to Holders (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given sent to the TrusteeHolders, and the Trustee will select the Notes to be redeemed on a pro rata basisrata, subject to adjustments so that no Notes are redeemed by lot or by any other method the Trustee in an unauthorized denomination its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable proceduressuch manner as DTC may require), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 1,000 principal amount and higher integral multiples of $1,000 (subject to the procedures of the Depositary)thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered addressdate, except notices of that a redemption notice may be mailed sent more than 60 days prior to a redemption date if the notice it is issued in connection with a defeasance discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a satisfaction and discharge of this Indenturedefeasance pursuant to Section 8.02 or 8.03.

Appears in 3 contracts

Samples: Supplemental Indenture (Sandridge Energy Inc), Indenture (Sandridge Energy Inc), Supplemental Indenture (Sandridge Energy Inc)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 days before the redemption date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed on a pro rata basis, subject to adjustments so that no Notes are redeemed in an unauthorized denomination basis (or, in the case of Global Notes, the Trustee will select Notes to be redeemed will be selected in accordance with for redemption based on the Depositary’s applicable proceduresrequired method), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 principal amount and higher integral multiples of $1,000 (subject to the procedures of the Depositary). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered addressdate, except notices of redemption may be mailed more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this the Indenture.

Appears in 2 contracts

Samples: Indenture (SYNERGY RESOURCES Corp), Indenture (PDC Energy, Inc.)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date Redemption Date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 days before the redemption date Redemption Date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed on a pro rata basisrata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate, in accordance with DTC’ s applicable procedures, in minimum denominations of $2,000 and multiples of $1,000 principal amount in excess thereof (provided that no Notes in denominations of $2,000 or less may be redeemed in part) and, in respect of Global Notes, in accordance with the procedures of DTC (subject to adjustments so that no Notes are redeemed Note in an unauthorized denomination (or, in the case of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 principal amount and higher integral multiples of $1,000 (subject to the procedures of the Depositaryremains outstanding). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by first class mail (or delivered electronically in the case of Global Notes held by DTC) by the Company or at the Company’s ’ s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered addressRedemption Date, except notices that a notice of redemption may be mailed sent more than 60 days prior to a redemption date Redemption Date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this IndentureIndenture in accordance with the provisions of Article 8.

Appears in 2 contracts

Samples: Supplemental Indenture, Supplemental Indenture

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 10 days before the notice of redemption date required pursuant to this Section 3.03(a) is sent to Holders (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given sent to the TrusteeHolders, and the Trustee will select the Notes to be redeemed on a pro rata basisrata, subject to adjustments so that no Notes are redeemed by lot or by any other method the Trustee in an unauthorized denomination its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable proceduressuch manner as DTC may require), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 1,000 principal amount and higher integral multiples of $1,000 (subject to the procedures of the Depositary)thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered addressdate, except notices of that a redemption notice may be mailed sent more than 60 days prior to a redemption date if the notice it is issued in connection with a defeasance discharge of the Company’s obligations under the Notes or a satisfaction and discharge of this IndentureIndenture pursuant to Section 8.01.

Appears in 2 contracts

Samples: Supplemental Indenture (Sandridge Energy Inc), Supplemental Indenture (Sandridge Energy Inc)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 days before the redemption date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed on a pro rata basis, subject to adjustments so that no Notes are redeemed in an unauthorized denomination basis (or, in the case of Global Notes, the Trustee will select Notes to be redeemed will be selected in accordance with for redemption based on the Depositary’s applicable proceduresrequired method), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 principal amount and higher integral multiples of $1,000 (subject to the procedures of the Depositary). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered addressdate, except notices of redemption may be mailed or delivered more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this the Indenture.

Appears in 2 contracts

Samples: Indenture (PDC Energy, Inc.), Indenture (PDC Energy, Inc.)

Method and Effect of Redemption. (a) If the Company Issuer elects to redeem Notes, it must notify the Senior Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 45 days before the redemption date (unless a shorter period is satisfactory to the Senior Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Senior Trustee, and the Senior Trustee will select the Notes to be redeemed on pro rata, or as nearly a pro rata basis, subject to adjustments so that no Notes are redeemed in an unauthorized denomination (or, in the case of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 principal amount and higher integral multiples of $1,000 basis as is practicable (subject to the procedures of DTC), unless such method is otherwise prohibited, in which case, by lot or by any other method the Depositary)Senior Trustee in its sole discretion deems fair and appropriate, in denominations of $1,000 principal amount and multiples thereof. The Senior Trustee will notify the Company Issuer promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by the Company or Issuer or, at the CompanyIssuer’s request, by the Senior Trustee in the name and at the expense of the Company, Issuer to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered address, except notices date. Notices of redemption may not be mailed more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indentureconditional.

Appears in 2 contracts

Samples: Indenture (Hovnanian Enterprises Inc), Indenture (Hovnanian Enterprises Inc)

Method and Effect of Redemption. (a) If the Company elects Issuers elect to redeem NotesNotes pursuant to paragraph 4 thereof, it the Issuers must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 45 days before the redemption date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed on a pro rata basis, subject to adjustments so that no Notes are redeemed in an unauthorized denomination (or, in the case of Global Notes, the Notes to be redeemed will be selected basis or by lot in accordance with the Depositary’s applicable procedures)Applicable Procedures, unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 principal amount and higher or any integral multiples multiple of $1,000 (subject to the procedures of the Depositary)in excess thereof. The Trustee will notify the Company Issuers promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be mailed by first-class mail (or sent by electronic transmission in the Company or case of Notes held in book entry form) by the Issuers or, at the Company’s Issuers’ request, by the Trustee in the name and at the expense of the Company, Issuers to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date in date; provided, however, that the case of Global Notes, Issuers shall have delivered to the Depositary in accordance Trustee, at least 45 days prior to the redemption date (unless a shorter period shall be satisfactory to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice together with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes notice to be redeemed at its registered addressgiven setting forth the information to be stated therein as provided in Section 3.02(b) of this Indenture. Subject to clause (d) below, except notices of redemption may not be mailed more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indentureconditional.

Appears in 2 contracts

Samples: Supplemental Indenture (Shea Homes Limited Partnership), Supplemental Indenture (Shea Homes Limited Partnership)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers' Certificate at least 60 30 days before the redemption date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers' Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed (1) if the Notes are listed, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, or (2) if the Notes are not so listed, on a pro rata basis, subject to adjustments so that no Notes are redeemed in an unauthorized denomination (orby lot or by such method as the Trustee shall deem fair and appropriate, in the case of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 1,000 principal amount and higher integral multiples thereof. No Notes of $1,000 (subject to the procedures of the Depositary)or less shall be redeemed in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by first class mail by the Company or at the Company’s 's request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at such registered Holder's address at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered address, except notices date. Notices of redemption may not be mailed more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indentureconditional.

Appears in 1 contract

Samples: Indenture (Keystone Marketing Services Inc)

Method and Effect of Redemption. (a) If the Company elects to redeem NotesNotes of a series, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 days before the redemption date (unless a shorter period is satisfactory to the Trustee)) except as set forth in Section 3.03 and Section 3.04, such Officers’ Certificate to state that all conditions precedent provided for in the Indenture to such redemption have been complied with. If fewer than all of the Notes of a series are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes of such series to be redeemed on a redeemed, no later than 30 days prior to the redemption date, pro rata basisrata, subject to adjustments so that no Notes are redeemed by lot or by any other method the Trustee in an unauthorized denomination (orits sole discretion deems fair and appropriate, in the case of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 principal amount and higher integral multiples of $1,000 (subject to 1,000; provided, that the procedures unredeemed portion of the Depositary)a Note must be in a 44 minimum principal amount of $2,000. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Except as provided in Section 3.03 and Section 3.04, notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date date. At the Company’s request in connection with an optional redemption, the Trustee shall give the notice of redemption in the case of Global NotesCompany’s name and at its expense; provided, however, that the Company shall have delivered to the Depositary in accordance with the procedures of the Depositary and in the case of certificated NotesTrustee, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered address, except notices of redemption may be mailed more than 60 least 45 days prior to a the redemption date if (or such shorter period as may be acceptable to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice is issued and setting forth the information to be stated in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenturesuch notice as provided in Section 3.05(b).

Appears in 1 contract

Samples: Supplemental Indenture (Huntington Ingalls Industries, Inc.)

Method and Effect of Redemption. (a) If the Company elects Issuers elect to redeem Notes, it they must notify the Trustee of (i) the Redemption Date, (ii) the clause of this Indenture pursuant to which the redemption date shall occur, (iii) the Redemption Price, and (iv) the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 30 days but not more than 60 days before the redemption date Redemption Date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed on a pro rata basisbasis to the extent practicable, subject to adjustments so that no Notes are redeemed in an unauthorized denomination (or, in the case of Global Notes, the Notes to be redeemed will be selected by lot or by such other method in accordance with the Depositary’s applicable procedures)procedures of DTC to the extent applicable, unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 principal amount and higher integral multiples of $1,000 (subject to the procedures of the Depositary)1,000. The Trustee will notify the Company Issuers promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by the Company Issuers or at the Company’s Issuers’ request, by the Trustee in the name and at the expense of the CompanyIssuers, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date in Redemption Date; provided, that the case of Global Notes, Issuers have delivered to the Depositary in accordance with the procedures of the Depositary and in the case of certificated NotesTrustee, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered address, except notices of redemption may be mailed more than 60 least 45 days prior to a redemption date if the Redemption Date, an Officers’ Certificate requesting that the Trustee give such notice is issued and setting forth the information to be stated in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenturesuch notice as provided below.

Appears in 1 contract

Samples: Indenture (Tower Automotive, LLC)

Method and Effect of Redemption. (a) If a)If the Company elects to redeem Notes, it must notify the Trustee of the redemption date Redemption Date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 days before the redemption date Redemption Date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed on a pro rata basisrata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate in multiples of $1,000 principal amount and, in respect of Global Notes, in accordance with the procedures of DTC (subject to adjustments so that no Notes are redeemed Note in an unauthorized denomination (or, in the case of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 principal amount and higher integral multiples of $1,000 (subject to the procedures of the Depositaryremains outstanding). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by First Class mail (or delivered electronically in the case of Global Notes held by DTC) by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered addressRedemption Date, except notices that a notice of redemption may be mailed sent more than 60 days prior to a redemption date Redemption Date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this IndentureIndenture in accordance with the provisions of Article 8.

Appears in 1 contract

Samples: Indenture (Seagate Technology PLC)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 45 days before the redemption date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed on a pro rata basisrata, subject to adjustments so that no Notes are redeemed by lot or by any other method the Trustee in an unauthorized denomination (or, in the case of Global Notes, the Notes to be redeemed will be selected its sole discretion deems fair and appropriate in accordance with the Depositary’s applicable DTC procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 principal amount and higher integral multiples of $1,000 (subject 1,000. The notice to the procedures Trustee under this clause (a) may be revoked prior to the mailing of notice of such redemption to the Depositary)Holders. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices of redemption must shall be sent mailed by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed first class mail at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of the Notes to be redeemed at its registered address, except that redemption notices of redemption may be mailed more than 60 days prior to a the redemption date if the notice is issued in connection with a the defeasance of the Notes or a satisfaction and discharge of this the Indenture. Any redemption and any notice of redemption thereof may, at the Company’s discretion, be subject to one or more conditions precedent.

Appears in 1 contract

Samples: Supplemental Indenture (Harbinger Group Inc.)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 40 days before the redemption date (unless a shorter period is satisfactory to the Trustee), such Officers’ Certificate to state that all conditions precedent provided for in the Indenture to such redemption have been complied with. If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed on a redeemed, no later than 30 days prior to the redemption date, pro rata basisrata, subject to adjustments so that no Notes are redeemed by lot or by any other method the Trustee in an unauthorized denomination (orits sole discretion deems fair and appropriate, in the case of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 principal amount and higher integral multiples of $1,000 (subject to in excess thereof; provided, that the unredeemed portion of a Note must be in a minimum principal amount of $2,000; and provided further, that if the Notes are represented by one or more Global Notes, beneficial interests in the Notes will be selected for redemption by DTC in accordance with its standard procedures of the Depositary)therefor. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date date. At the Company’s request in connection with an optional redemption, the Trustee shall give the notice of redemption in the case of Global NotesCompany’s name and at its expense; provided, however, that the Company shall have delivered to the Depositary in accordance with the procedures of the Depositary and in the case of certificated NotesTrustee, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered address, except notices of redemption may be mailed more than 60 least 40 days prior to a the redemption date if (or such shorter period as may be acceptable to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice is issued and setting forth the information to be stated in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenturesuch notice as provided in Section 3.03(b).

Appears in 1 contract

Samples: Supplemental Indenture (Huntington Ingalls Industries, Inc.)

Method and Effect of Redemption. (a) If the Company elects to redeem the Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Officer’s Certificate at least 60 days before the redemption date (unless a shorter period is satisfactory to the TrusteeTrustee and except in the case of a redemption pursuant to Section 3.03). If fewer than all of the Notes are being redeemed, the Officers’ Officer’s Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select (i) if the Notes to be redeemed on a pro rata basis, subject to adjustments so that no Notes are redeemed in an unauthorized denomination (or, in the case of Global Notes, the Notes to be redeemed will be selected by the Depositary in accordance with applicable procedures of the Depositary’s applicable procedures), unless otherwise required by law Depositary or applicable stock exchange requirements. (ii) if the Notes redeemed in part must to be redeemed are not Global Notes, the Trustee will select the Notes to be redeemed, by lot, pro rata, or by any other method the Trustee in its sole discretion deems fair and appropriate, in denominations of $2,000 principal amount and higher integral multiples of $1,000 above that amount. If the Notes to be redeemed are not Global Notes and are selected in accordance with clause (subject to ii), the procedures of the Depositary). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date (except in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered address, except notices of redemption may be mailed more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenturepursuant to Section 3.03).

Appears in 1 contract

Samples: Collateral Agency Agreement (Molycorp, Inc.)

AutoNDA by SimpleDocs

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers' Certificate at least 60 45 days before the redemption date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemedto be redeemed at any time, the Officers' Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed (1) if the Notes are listed, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, or (2) if the Notes are not so listed, on a pro rata basis, subject to adjustments so that no Notes are redeemed by lot or by such method as the Trustee in an unauthorized denomination (orits sole discretion shall deem fair and appropriate, in the case of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 1,000 principal amount and higher integral multiples thereof. No Notes of $1,000 (subject to the procedures of the Depositary)or less shall be redeemed in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by first class mail by the Company or or, at the Company’s 's request, by the Trustee in the name and at the expense of the Company, to Holders each Holder whose Notes are to be redeemed at such Holder's registered address at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered address, except notices date. Notices of redemption may not be mailed more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indentureconditional.

Appears in 1 contract

Samples: Indenture (Playboy Enterprises Inc)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 40 days before the redemption date (unless a shorter period is satisfactory to the Trustee), such Officers’ Certificate to state that all conditions precedent provided for in the Indenture to such redemption have been complied with. If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed on a redeemed, no later than 30 days prior to the redemption date, pro rata basisrata, subject to adjustments so that no Notes are redeemed by lot or by any other method the Trustee in an unauthorized denomination (orits sole discretion deems fair and appropriate, in the case of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 principal amount and higher integral multiples of $1,000 (subject to 1,000; provided, that the unredeemed portion of a Note must be in a minimum principal amount of $2,000; and provided further, that if the Notes are represented by one or more Global Notes, beneficial interests in the Notes will be selected for redemption by DTC in accordance with its standard procedures of the Depositary)therefor. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date date. At the Company’s request in connection with an optional redemption, the Trustee shall give the notice of redemption in the case of Global NotesCompany’s name and at its expense; provided, however, that the Company shall have delivered to the Depositary in accordance with the procedures of the Depositary and in the case of certificated NotesTrustee, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered address, except notices of redemption may be mailed more than 60 least 40 days prior to a the redemption date if (or such shorter period as may be acceptable to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice is issued and setting forth the information to be stated in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenturesuch notice as provided in Section 3.03(b).

Appears in 1 contract

Samples: Indenture (Huntington Ingalls Industries, Inc.)

Method and Effect of Redemption. (a) If the Company elects to redeem NotesNotes of a series, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 40 days before the redemption date date, and in no event less than 10 days prior to the mailing of the notice of redemption (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes of a series are being redeemed, (i) in the case of Certificated Notes, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed on a pro rata basisrata, subject to adjustments so that no Notes are redeemed in an unauthorized denomination by lot or by any other method customarily authorized by the clearing systems (or, in the case of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable proceduresincluding DTC), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 principal amount and higher integral multiples of $1,000 (subject to the procedures of the Depositary). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption; provided however, that the principal amount of the Notes so selected by the Trustee for such partial redemption shall not exceed the amount which the Company has chosen to redeem, and (ii) in the case of Notes in the form of Global Notes, the Notes to be redeemed will be selected in accordance with the procedures of the applicable clearing system, provided that in each case the Notes will be redeemed in minimum denominations of $2,000 principal amount and higher integral multiples of $1,000. Notices Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered address, except notices of redemption may be mailed more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenturedate.

Appears in 1 contract

Samples: Indenture (Flextronics International Ltd.)

Method and Effect of Redemption. (aiv) If the Company elects Issuers elect to redeem Notes, it they must notify the Trustee of the redemption date and date, the principal amount of Notes to be redeemed and the redemption price by delivering an Officers' Certificate at least and an Opinion of Counsel, to the effect that such redemption shall comply with the conditions set forth in this Article 3, 40 to 60 days before the redemption date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the The Trustee will shall select the Notes to be redeemed in compliance with the principal national securities exchange, if any, on which the Notes are listed, or if such Notes are not so listed, on a pro rata basis, subject to adjustments so that no Notes are redeemed by lot or by any other method the Trustee in an unauthorized denomination (orits sole discretion deems fair and appropriate, in the case of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 1,000 principal amount and higher or an integral multiples multiple of $1,000 (subject to the procedures of the Depositary)in excess thereof. The Trustee will shall notify the Company Issuers promptly of the Notes or portions of Notes to be called for redemption. Notices Any such notice may be cancelled at any time prior to notice of such redemption being mailed to any Holder and shall thereby be void and of no effect.(a) Notice of redemption must be sent by the Company Issuers or at the Company’s Issuers' request, by the Trustee in the name and at the expense of the CompanyIssuer, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered addressdate, except that redemption notices of redemption may be mailed more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes Section 8.01 or a satisfaction and discharge of this Indenture.Section 8.02

Appears in 1 contract

Samples: Indenture (Graham Packaging Holdings Co)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date Redemption Date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 days before the redemption date Redemption Date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed on a pro rata basisrata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate, in accordance with DTC’s applicable procedures, in minimum denominations of $2,000 and multiples of $1,000 principal amount in excess thereof (provided that no Notes in denominations of $2,000 or less may be redeemed in part) and, in respect of Global Notes, in accordance with the procedures of DTC (subject to adjustments so that no Notes are redeemed Note in an unauthorized denomination (or, in the case of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 principal amount and higher integral multiples of $1,000 (subject to the procedures of the Depositaryremains outstanding). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by first class mail (or delivered electronically in the case of Global Notes held by DTC) by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered addressRedemption Date, except notices that a notice of redemption may be mailed sent more than 60 days prior to a redemption date Redemption Date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this IndentureIndenture in accordance with the provisions of Article 8.

Appears in 1 contract

Samples: Supplemental Indenture (Seagate Technology PLC)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee in writing of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Officer’s Certificate at least 60 45 days before the redemption date (unless a shorter period is satisfactory to the Trustee). If fewer less than all of the Notes are being redeemedto be redeemed at any time, the Officers’ Officer’s Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes to be redeemed as follows: (1) if the Notes are listed, in compliance with the requirements of the principal national securities exchange on which the Notes are listed; or (2) if the Notes are not so listed, on a pro rata basis, subject to adjustments so that no by lot or by such method as the Trustee shall deem fair and appropriate. No Notes are redeemed in an unauthorized denomination (or, in the case of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must less than $2,000 shall be redeemed in denominations of $2,000 principal amount and higher integral multiples of $1,000 (subject to the procedures of the Depositary)part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices of redemption must shall be sent mailed by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed first class mail at least 30 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of the Notes to be redeemed at its registered address, except that redemption notices of redemption may be mailed more than 60 days prior to a the redemption date if the notice is issued in connection with a the defeasance of the Notes or a satisfaction and discharge of this the Indenture. Notices of redemption may not be conditional.

Appears in 1 contract

Samples: Spectrum Brands, Inc.

Method and Effect of Redemption. (a) If the Company elects to redeem any Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 15 days before prior to the redemption date of the mailing of the notice (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and that the Trustee will select the Notes to be redeemed on a pro rata basisrata, subject to adjustments so that no Notes are redeemed by lot or by any other method the Trustee in an unauthorized denomination (orits sole discretion deems appropriate, in the case of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 1,000 principal amount and higher integral multiples thereof, provided that no Notes of less than $1,000 (subject to the procedures of the Depositary)2,000 may be redeemed in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by the Company or at the Company’s requestrequest (the Company to provide or cause to be provided to the Trustee such information to be included in such notice five (5) days prior to such notice being sent to Holders, unless a shorter period is satisfactory to the Trustee), by the Trustee in the name and at the expense of the Company, to (i) Holders whose Notes are to be redeemed prior to January 15, 2029 at least 20 days but not more than 60 days before the redemption date and (ii) Holders whose Notes are to be redeemed on or after January 15, 2029 at least 30 days but not more than 60 days before the redemption date in date. The Company shall notify the case Trustee of Global Notes, to the Depositary Redemption Price once determined in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, this Article 3 on or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered address, except notices of redemption may be mailed more than 60 days before two Business Days prior to a the redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenturedate.

Appears in 1 contract

Samples: Indenture (DPL Inc)

Method and Effect of Redemption. (a) If the Company Issuer elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount and series of Notes to be redeemed by delivering an Officers’ Certificate at least 60 45 days before the redemption date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes of a series are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, and the Trustee will shall select the Notes of such series to be redeemed on pro rata, or as nearly a pro rata basis, basis as is practicable (subject to adjustments so that no Notes are redeemed in an unauthorized denomination (or, in the case procedures of Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable proceduresDTC), unless such method is otherwise required prohibited, in which case, by law lot or applicable stock exchange requirements. Notes redeemed by any other method the Trustee in part must be redeemed its sole discretion deems fair and appropriate, in denominations of $2,000 principal amount and higher integral multiples or any multiple of $1,000 (subject to the procedures of the Depositary)in excess thereof. The Trustee will shall notify the Company Issuer promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by the Company or Issuer or, at the CompanyIssuer’s request, by the Trustee in the name and at the expense of the Company, Issuer to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date in the case date. Notices of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered address, except notices of any redemption may be mailed more than 60 days given prior to the completion thereof, and may, at the Issuer’s discretion, be subject to one or more conditions precedent, including, but not limited to, completion of a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of this Indenturerelated Equity Offering.

Appears in 1 contract

Samples: Indenture (Hovnanian Enterprises Inc)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 60 10 days before the notice of redemption date required pursuant to this Section 3.03(a) is sent to Holders (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is given sent to the TrusteeHolders, and the Trustee will select the Notes to be redeemed on a pro rata basisrata, subject to adjustments so that no Notes are redeemed by lot or by any other method the Trustee in an unauthorized denomination its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, the Notes to be redeemed will be selected in accordance with the Depositary’s applicable proceduressuch manner as DTC may require), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $2,000 1,000 principal amount and higher integral multiples of $1,000 (subject to the procedures of the Depositary)thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notices Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 15 days but not more than 60 days before the redemption date in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered addressdate, except notices of that a redemption notice may be mailed sent more than 60 days prior to a redemption date if the notice it is issued in connection with a defeasance discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a satisfaction and discharge of this Indenturedefeasance pursuant to Section 8.02 or 8.03.

Appears in 1 contract

Samples: Intercreditor Agreement (Sandridge Energy Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.