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 not less than 15 days nor more than 90 days before the redemption date. 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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchange, by lot or by such other method as the Trustee in its sole discretion shall deem to be fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 days but not more than 90 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 2 contracts

Samples: Indenture (E Trade Financial Corp), Indenture (E Trade Financial Corp)

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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’ Certificate not less than 15 days nor more than 90 at least 45 days before the redemption datedate (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 10 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes for redemption to be redeemed as follows: (1) if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange, if any, exchange on which the Notes are listed, or, ; or (2) if the Notes are not listed on a national securities exchange, on a pro rata basis (based on amounts tendered), by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a 1.00 principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in partmultiples thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice Any notice of redemption must be sent by first-class mail 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemptionredemption and payment of the redemption price; (4) that Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is to be redeemed in part, on the principal amount of such Note to be redeemed and that after the redemption date, upon surrender of such Note, new Notes of like series equal in principal amount to the unredeemed portion thereof will be issued; and; (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed number; (8) interest on any Note not redeemed will continue to accrue; and (9) the paragraph of the Notes or as contained in and Section of this Indenture pursuant to which the notice of Notes called for redemption and that the Holder should rely only on the other identification numbers printed on the Notesare being redeemed. (c) Once a notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the any Notes called for redemption, the Company shall redeem such Notes at the applicable redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note of like series equal in principal amount to the unredeemed portion of the surrendered Note. (d) The Company may acquire Notes by means other than a redemption, whether by tender offer, open market purchases, negotiated transactions or otherwise, in accordance with applicable securities laws, so long as such acquisitions do not otherwise violate the terms of this Indenture.

Appears in 2 contracts

Samples: Indenture (Foster Wheeler LTD), Indenture (Foster Wheeler 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 not less than to the Trustee at least 15 days nor more than 90 days before prior to the redemption datedate of the mailing of the notice (unless a shorter period is satisfactory to the Trustee in the sole determination of 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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be fair and deems appropriate, in each case in denominations of $1,000 principal amount; amount and multiples thereof, provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall will be issued in connection with any redemption redeemed in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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, in the sole determination of the Trustee), by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1i) the redemption date; (2ii) the redemption priceRedemption Price, including the portion thereof representing any accrued interest; (3iii) the place or places where Notes are to be surrendered for redemption; (4iv) Notes called for redemption must be so surrendered in order to collect the redemption priceRedemption Price; (5v) on the redemption date the redemption price Redemption Price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6vi) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7vii) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price Redemption Price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption priceRedemption Price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 2 contracts

Samples: Indenture (Ipalco Enterprises, Inc.), Indenture (Ipalco Enterprises, Inc.)

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' Certificate not less than 15 at least 30 days nor but no more than 90 60 days before the redemption datedate (unless a shorter period is agreed in writing by 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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in partintegral multiples thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 the registered address of each Holder whose Notes are to be redeemed at least 10 30 days but not more than 90 60 days before the redemption date. For so long as the Notes are listed and admitted for trading on the Euro MTF of the Luxembourg Stock Exchange, except where DTC requires and to the extent the rules of the Luxembourg Stock Exchange so require, the Company will provide a longer periodcopy of any such notice to the Luxembourg Stock Exchange. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 2 contracts

Samples: Indenture (Vitro Sa De Cv), Indenture (Vitro Sa De Cv)

Method and Effect of Redemption. (a) If the Company elects to redeem Notesany Notes of any series, it must notify the Trustee of the redemption date date, the series and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate not less than at least 15 days nor more than 90 days before prior to the redemption datedate of the mailing of the notice (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes of any 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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangesuch series to be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be fair and deems appropriate, in each case in denominations of $1,000 principal amount; amount and multiples thereof, provided that no Note in a principal amount Notes of less than $2,000 shall may be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part. The Trustee will notify the Company promptly of the Notes of such series or portions of Notes of such series to be called for redemption. 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 Holders whose Notes are to be redeemed at least 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1i) the redemption date; (2ii) the redemption priceRedemption Price, including the portion thereof representing any accrued interest; (3iii) the place or places where Notes are to be surrendered for redemption; (4iv) Notes called for redemption must be so surrendered in order to collect the redemption priceRedemption Price; (5v) on the redemption date the redemption price Redemption Price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date, unless the Company defaults in the deposit of the Redemption Price; (6vi) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes of such series equal in principal amount to the unredeemed portion will be issued; and (7vii) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price Redemption Price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption priceRedemption Price. Commencing on the redemption date, Notes redeemed will cease to accrue interest, unless the Company defaults in the deposit of the Redemption Price. Upon surrender of any Note redeemed in part, the Holder will receive a new Note of such series equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 2 contracts

Samples: Indenture (DPL Inc), Indenture (Aes Corp)

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 of Notes to be redeemed by delivering an Officers’ Certificate not less than 15 days nor more than 90 at least 60 days before the redemption datedate (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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case accordance with the procedures of DTC, in denominations multiples of $1,000 principal amount; provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part. The Trustee will notify the Company Issuer promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company Issuer or at the CompanyIssuer’s request, by the Trustee in the name and at the expense of the CompanyIssuer, to Holders whose Notes are to be redeemed at least 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires that a longer periodnotice of redemption may be sent 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 in accordance with the provisions of Article 8. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued and unpaid interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company Issuer shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Seagate Technology)

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 not less than 15 days nor more than 90 at least 60 days before the redemption date. 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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in partmultiples thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date (i) the redemption price will become due and payable on Notes called for redemption, (ii) if such redemption date is prior to the Reset Date, the Accreted Value of Notes called for redemption will cease to increase and (iii) if such redemption date is on or after the Reset Date, interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, (i) if such redemption date is prior to the Reset Date, the Accreted Value of Notes redeemed will cease to accrue interestincrease and (ii) if such redemption date is on or after the Reset Date, interest on Notes redeemed will cease to accrue. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Debt Registration Rights Agreement (Choice One Communications 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 not less than 15 days nor more than 90 at least 45 days before the redemption datedate (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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed to be redeemed on a national securities exchangepro rata basis, by lot or by such other method as the Trustee in its sole discretion shall deem to be deems fair and appropriateappropriate (subject to the procedures of DTC), in each case in denominations of $1,000 principal amount; provided that no Note in a 2,000 principal amount or any integral multiple of $2,000 shall be redeemed 1,000 in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in partexcess thereof. The Trustee will notify the Company Issuers promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company or 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. Notices of redemption may not be conditional. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1i) the redemption date; (2ii) the redemption price, including the portion thereof representing any accrued interest, if any; (3iii) the place or places where Notes are to be surrendered for redemption; redemption (4) Notes called for redemption must be so surrendered in order to collect the redemption price); (5iv) that on the redemption date date, the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6v) that if any Note is redeemed in part, the portion of the principal amount thereof to be redeemed, and that on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7vi) if any Note contains a CUSIP or CINS ISIN number, no representation is being made as to the correctness of the CUSIP or CINS ISIN number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company Issuers shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Vistancia Marketing, LLC)

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 not less than 15 days nor more than 90 at least 10 days before the date it mails the notice of redemption dateto each Holder (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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a 2,000 principal amount and multiples of $2,000 shall be redeemed 1,000 in part and no new Notes in a principal amount excess of $2,000 or less shall be issued in connection with any redemption in part2,000. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. An Officer’s Certificate specifying the actual redemption price must be sent to the Trustee no later than two Business Days prior to the redemption date. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the calculation of the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemptionredemption on the redemption date, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Medtronic Inc)

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 not less than 15 days nor more than 90 at least 45 days before the redemption datedate (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 for redemption to be redeemed as follows: (1) if the Notes are listed, in compliance with the requirements of the principal national securities exchange, if any, exchange on which the Notes are listed, or, ; or (2) if the Notes are not listed so listed, on a national securities exchangepro rata basis, by lot or by such other method as the Trustee in its sole discretion shall deem to be fair and appropriate, in each case in denominations . No Notes of $1,000 principal amount; provided that no Note in a principal amount of less than $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice Notices of redemption must shall be sent mailed by first class mail at least 30 but not more than 60 days before the Company or at the Company’s request, by the Trustee in the name and at the expense redemption date to each Holder of the Company, to Holders whose Notes are to be redeemed at least 10 days but not its registered address, except that redemption notices may be mailed more than 90 60 days before prior to the redemption date, except where DTC requires date if the notice is issued in connection with the defeasance of the Notes or a longer periodsatisfaction and discharge of the Indenture. Notices of redemption may not be conditional. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, the portion of the principal amount of the Note to be redeemed and on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on On and after the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (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 not less than at least 15 days nor more than 90 days before prior to the redemption datedate 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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be fair and deems appropriate, in each case in denominations of $1,000 principal amount; amount and multiples thereof, provided that no Note in a principal amount Notes of less than $2,000 shall may be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 April 1, 2025 at least 10 20 days but not more than 90 60 days before the redemption date and (ii) Holders whose Notes are to be redeemed on or after April 1, 2025 at least 30 days but not more than 60 days before the redemption date, except where DTC requires a longer period. The Company shall notify the Trustee of the Redemption Price once determined in accordance with this Article 3 on or before two Business Days prior to the redemption date. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1i) the redemption date; (2ii) the redemption pricemanner in which the Redemption Price will be calculated, including the portion thereof representing any accrued interest; (3iii) the place or places where Notes are to be surrendered for redemption; (4iv) Notes called for redemption must be so surrendered in order to collect the redemption priceRedemption Price; (5v) on the redemption date the redemption price Redemption Price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date, unless the Company defaults in the deposit of the Redemption Price; (6vi) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7vii) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price Redemption Price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption priceRedemption Price. Commencing on the redemption date, Notes redeemed will cease to accrue interest, unless the Company defaults in the deposit of the Redemption Price. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (DPL 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’ Certificate not less than 15 days nor more than 90 days at least ten Business Days before notice of redemption is required to be sent to Holders (unless a shorter period is satisfactory to the redemption dateTrustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate notice must also specify a record date not less than 15 days after the date of the notice of redemption is given to the Trustee, Trustee and must request that the Trustee will select the Notes for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such other similar method as in accordance with the Trustee in its sole discretion shall deem to be fair and appropriateprocedures of DTC, in each case in denominations of $1,000 principal amount; provided that no Note in a 2,000 principal amount and multiples of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part1,000 above that amount. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company or at the Company’s requestrequest and provision of such notice information to the Trustee, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption sent to the Holders will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and and, unless the Company defaults in the payment of the redemption price, interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS ISIN number, no representation is being made as to the correctness of the CUSIP or CINS ISIN number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent On or prior to the Holders12:00 noon, Notes called for redemption become due and payable at the redemption price New York City time, on the redemption date, and upon surrender of the date for any Notes called for redemptionor portions thereof, the Company shall redeem deposit with the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 4.01) an amount of money in US Dollars sufficient to pay the redemption price of such Notes at or any portions thereof that are to be redeemed on that date. (d) Unless the Company defaults in the payment of the redemption price. Commencing on the redemption date, Notes redeemed interest will cease to accrue intereston the Notes or portions thereof called for redemption on the applicable redemption date. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (SunCoke 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 not less than 15 days nor more than 90 at least 60 days before the redemption datedate (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 (or, in the case of Global Notes, the Trustee will select Notes for redemption (1) based on the Depositary’s required method), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchange, by lot or by such other method as the Trustee in its sole discretion shall deem to part must be fair and appropriate, in each case redeemed in denominations of $1,000 principal amount; provided that no Note in a 2,000 principal amount and higher integral multiples of $2,000 shall be redeemed in part and no new Notes in a principal amount 1,000 (subject to the procedures of $2,000 or less shall be issued in connection with any redemption in partthe Depositary). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires notices of redemption may be mailed or delivered more than 60 days prior to a longer periodredemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of the Indenture. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including to the portion thereof representing any accrued interestextent calculable; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, unless the redemption is subject to a condition precedent that is not satisfied or waived, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) any conditions precedent to the redemption (7) if any Note is redeemed in part, the portion of the principal amount of such Note to be redeemed and that, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) 8) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) The notice of redemption with respect to the redemption pursuant to Section 3.01 need not set forth the Make-Whole Price but only the manner of calculation thereof. The Company will notify the Trustee of the Make-Whole Price with respect to any redemption promptly after the calculation, and the Trustee shall not be responsible for such calculation. (d) Any such redemption or notice of redemption may, at the Company’s discretion, be subject to one or more conditions precedent, including, in the case of a redemption with the net cash proceeds of an Equity Offering, completion of the such Equity Offering. Notice of any redemption upon the completion of an Equity Offering may be given prior to the completion of such Equity Offering. (e) At the Company’s request, the Trustee shall give the notice of redemption in the Company’s name and at the Company’s expense; provided, however, that the Company shall have delivered to the Trustee, at least 45 days prior to the redemption date (or such shorter period of time as may be acceptable to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in this Section. (f) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption datedate unless the redemption is subject to a condition precedent that is not satisfied or waived, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note. (g) Unless the Company defaults in the payment of the redemption price, in which case interest will continue to accrue on the Notes or portions of Notes called for redemption until the redemption price is paid, interest, if any, will cease to accrue on the Notes or portions thereof called for redemption on the applicable redemption date.

Appears in 1 contract

Samples: Indenture (PDC Energy, Inc.)

Method and Effect of Redemption. (a) If the Company elects to redeem New 2017 Notes or New 2019 Notes, it must notify the Trustee of the redemption date Redemption Date and the principal amount of such Notes to be redeemed by delivering an Officers’ Certificate not less than 15 days nor more than 90 days before the redemption dateRedemption Date. If fewer than all of the New 2017 Notes or New 2019 Notes, as applicable, 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 Notes of the Notes applicable series shall be selected for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the such Notes are listed, or, (2) if the such Notes are not listed on a national securities exchange, by lot or by such other method as otherwise in accordance with the Trustee in its sole discretion shall deem to be fair and appropriateapplicable procedures of the Depositary, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 days but not more than 90 days before the redemption dateapplicable Redemption Date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes of the applicable series (including the CUSIP numbers) to be redeemed and will include or state the following: (1i) the redemption dateRedemption Date; (2ii) the redemption priceRedemption Price, including the portion thereof representing any accrued interest; (3iii) the place or places where such Notes are to be surrendered for redemption; (4iv) Notes called for redemption must be so surrendered in order to collect the redemption priceRedemption Price; (5v) on the redemption date Redemption Date, the redemption price Redemption Price will become due and payable on any Notes called for redemption, and interest on such Notes called for redemption will cease to accrue on and after the redemption dateRedemption Date; (6vi) if any Note is redeemed in part, on and after the redemption dateRedemption Date, upon surrender of such Note, new New 2017 Notes or New 2019 Notes, as applicable, equal in principal amount to the unredeemed portion will be issued; and (7vii) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the such Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the such Notes. (c) Once notice of redemption is sent to the HoldersHolders of New 2017 Notes or New 2019 Notes, as applicable, such Notes called for redemption become due and payable at the redemption price applicable Redemption Price on the redemption daterelevant Redemption Date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption pricesuch Redemption Price. Commencing on the redemption daterelevant Redemption Date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note New 2017 Notes or New 2019 Notes, as applicable, equal in principal amount to the unredeemed portion of the surrendered Note. (d) If any Redemption Date for the New 2017 Notes or the New 2019 Notes is after a Regular Record Date and on or prior to the next succeeding Interest Payment Date for such series of Notes, the holders of record of the applicable series of Notes shall receive such interest, and no such interest will be payable as part of the applicable Redemption Price. (e) In connection with any redemption hereunder pursuant to Section 4.02(a) or Section 4.03(a), as applicable, the Company shall obtain the 2017 Treasury Rate or the 2019 Treasury Rate, calculate the 2017 Applicable Premium or 2019 Applicable Premium, as applicable, and calculate the applicable Redemption Price.

Appears in 1 contract

Samples: First Supplemental Indenture (E TRADE FINANCIAL Corp)

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 not less than 15 days nor more than 90 at least 25 days before the redemption datedate (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 for to be redeemed, no later than 15 days prior to the redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangedate, by lot or by such any other method as the Trustee in its sole discretion shall deem to be fair and deems appropriate, in each case in denominations of $2,000 principal amount and integral multiples of $1,000 principal amountin excess thereof; provided provided, that no the unredeemed portion of a Note must be in a minimum principal amount of $2,000 shall 2,000; and provided further, that if the Notes are represented by one or more Global Notes, beneficial interests in the Notes will be redeemed selected for redemption by DTC in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection accordance with any redemption in partits standard procedures therefor. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 15 days but not more than 90 60 days before the redemption date. At the Company’s request in connection with an optional redemption, except where DTC requires a longer periodthe Trustee shall give the notice of redemption in the Company’s name and at its expense; provided, however, that the Company shall have delivered to the Trustee, at least 25 days prior to the redemption date (or such shorter period as may be acceptable to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in Section 3.03(b). (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, or if not then ascertainable, the manner of calculation thereof, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest; provided, that the Company has not defaulted in depositing the redemption price in accordance with the provisions hereof. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Huntington Ingalls Industries, 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 not less than 15 days nor more than 90 at least 30 days before the redemption datedate (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 for redemption to be redeemed (1) if the Notes are listed, in compliance with the requirements of the principal national securities exchange, if any, exchange on which the Notes are listed, or, or (2) if the Notes are not listed so listed, on a national securities exchangepro rata basis, by lot or by such other method as the Trustee in its sole discretion shall deem to be fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount and multiples thereof. No Notes of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 1,000 or less shall be issued in connection with any redemption redeemed in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. Notices of redemption may not be conditional. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) that Notes called for redemption must be so surrendered in order to collect the redemption price; (5) that, on the redemption date date, the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Keystone Marketing Services 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 not less than 15 days nor more than 90 at least 45 days before the redemption datedate (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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount and any multiple of $2,000 shall be redeemed 1,000 in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in partexcess thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1i) the redemption date; (2ii) the redemption price, including the portion thereof representing any accrued interest; (3iii) the place or places where Notes are to be surrendered for redemption; (4iv) Notes called for redemption must be so surrendered in order to collect the redemption price; (5v) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6vi) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7vii) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Note (Neenah Foundry Co)

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 not less than 15 days nor more than 90 at least 40 days before the redemption datedate (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 for to be redeemed, no later than 30 days prior to the redemption (1) in compliance with the requirements of the principal national securities exchangedate, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangepro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $2,000 principal amount and integral multiples of $1,000 principal amountin excess thereof; provided provided, that no the unredeemed portion of a Note must be in a minimum principal amount of $2,000 shall 2,000; and provided further, that if the Notes are represented by one or more Global Notes, beneficial interests in the Notes will be redeemed selected for redemption by DTC in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection accordance with any redemption in partits standard procedures therefor. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption date. At the Company’s request in connection with an optional redemption, except where DTC requires a longer periodthe Trustee shall give the notice of redemption in the Company’s name and at its expense; provided, however, that the Company shall have delivered to the Trustee, at least 40 days prior to the redemption date (or such shorter period as may be acceptable to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in Section 3.03(b). (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, or if not then ascertainable, the manner of calculation thereof, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest; provided, that the Company has not defaulted in depositing the redemption price in accordance with the provisions hereof. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Huntington Ingalls Industries, 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 not less than 15 days nor more than 90 at least 60 days before the redemption datedate (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 38 45 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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in partmultiples thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Century Aluminum Co)

Method and Effect of Redemption. (a) If the Company elects to redeem NotesNotes pursuant to Section 3.01 or Section 4.14(f), it must notify shall furnish to the Trustee, at least two Business Days (or such shorter period as the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate not less than 15 days nor more than 90 days may agree) before the redemption date. 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 required to be mailed or caused to be mailed to Holders pursuant to Section 3.01 or Section 4.14(f), an Officers’ Certificate setting forth (i) the Trustee, and the Trustee will select the Notes for redemption (1) in compliance with the requirements paragraph or subparagraph of the principal national securities exchange, if any, on such Note and/or Section of this Indenture pursuant to which the Notes are listed, orredemption shall occur, (2ii) if the Notes are not listed on a national securities exchangeredemption date, by lot or by such other method as (iii) the Trustee in its sole discretion shall deem to be fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice redeemed and (iv) the redemption price. (b) Notices of redemption must be sent delivered or mailed by the Company or 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 10 ten days but not more than 90 60 days before the redemption datedate to each Holder of Notes to be redeemed at such Holder’s registered address or otherwise in accordance with the procedures of the Depositary, except where DTC requires that, notwithstanding Section 3.01 and Section 4.14(f), redemption notices may be delivered or mailed more than 60 days prior to a longer periodredemption date if the notice is issued in connection with Article 8 or Article 12 hereof. (bc) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemptionname and address of the Paying Agent; (4) Notes called for redemption must be so surrendered to the Paying Agent in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in partpart only, on and or after the redemption date, upon surrender of such NoteNote for cancellation, a new Notes Note equal in principal amount to the unredeemed portion of the original Note will be issuedissued in the name of the Holder upon cancellation of the original Note; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (cd) If fewer than all of the Notes are being redeemed, selection of the Notes for redemption will be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed and in such manner as complies with applicable legal requirements and, in the case of Global Notes, the procedures of the Depositary; provided that the selection of Notes for redemption shall not result in a Holder with a principal amount of Notes less than the minimum denomination of $2,000. In the event of partial redemption, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than ten nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption or purchase. The Trustee will notify the Company promptly of the Notes or portions of Notes selected for redemption, and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. (e) Once notice of redemption is sent delivered or mailed to the HoldersHolders in accordance with Section 3.03(b), Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price, subject in each case to the satisfaction or waiver of any conditions to such redemption set forth in the notice of redemption in the case of a conditional redemption pursuant to Section 3.01(g). Commencing on the redemption date, Notes redeemed will cease to accrue interest. A notice of redemption, if delivered or mailed in a manner herein provided, shall be conclusively presumed to have been given, whether or not the Holder receives such notice. In any case, failure to deliver or mail a notice of redemption or any defect in the notice to the Holder of any Note designated for redemption in whole or in part shall not affect the validity of the proceedings for the redemption of any other Note. Upon surrender of any Note redeemed in partpart to the Trustee for cancellation, the Trustee will promptly authenticate and mail (or cause to be transferred by book entry) to the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note; provided that each such new Note shall be in a principal amount of $2,000 or integral multiples of $1,000 in excess thereof. It is understood that, notwithstanding anything in this Indenture to the contrary, only an Authentication Order and not an Opinion of Counsel or Officers’ Certificate is required for the Trustee to authenticate such new Note.

Appears in 1 contract

Samples: Indenture (Viasat 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 not less than at least 15 days nor more than 90 days before prior to the redemption datedate 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 the Trustee will select the Notes for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be fair and deems appropriate, in each case in denominations of $1,000 principal amount; amount and multiples thereof, provided that no Note in a principal amount Notes of less than $2,000 shall may be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 Holders whose Notes are to be redeemed at least 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. The Company shall notify the Trustee of the Redemption Price once determined in accordance with this Article 3 on or before two Business Days prior to the redemption date. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1i) the redemption date; (2ii) the redemption pricemanner in which the Redemption Price will be calculated, including the portion thereof representing any accrued interest; (3iii) the place or places where Notes are to be surrendered for redemption; (4iv) Notes called for redemption must be so surrendered in order to collect the redemption priceRedemption Price; (5v) on the redemption date the redemption price Redemption Price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date, unless the Company defaults in the deposit of the Redemption Price; (6vi) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7vii) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price Redemption Price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption priceRedemption Price. Commencing on the redemption date, Notes redeemed will cease to accrue interest, unless the Company defaults in the deposit of the Redemption Price. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (DPL 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 not less than 15 days nor more than 90 at least 60 days before the redemption dateRedemption 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 Notes to be redeemed will select the Notes for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangebe selected pro rata, by lot or lot, by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, or if the Notes are held as Global Notes, by any other method in each case accordance with DTC’s applicable procedures, in denominations of $1,000 principal amount; provided that no Note in a 2,000 principal amount and higher integral multiples of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part1,000. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer periodRedemption Date. (b) The notice of redemption will shall identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1i) the redemption dateRedemption Date; (2ii) the redemption priceRedemption Price, or if not ascertainable, the manner of calculation thereof, including the portion thereof representing any accrued interest; (3iii) the place or places where Notes are to be surrendered for redemption; (4iv) that the Notes called for redemption must be so surrendered in order to collect the redemption priceRedemption Price; (5v) that on the redemption date Redemption Date the redemption price Redemption Price will become due and payable on Notes called for redemption, and and, unless the Company defaults in making such redemption payment, interest on Notes called for redemption will cease to accrue on and after the redemption dateRedemption Date; (6vi) if any Note is redeemed in part, on and after the redemption dateRedemption Date, upon surrender of such Note, that new Notes equal in principal amount to the unredeemed portion will be issued; and (7vii) if any Note contains a CUSIP or CINS number, that no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price Redemption Price on the redemption dateRedemption Date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption priceRedemption Price. Commencing on the redemption dateRedemption Date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Quicksilver Resources 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 not less than 15 35 days nor more than 90 days before the redemption date. 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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, or (2) if the Notes are not listed on a national securities exchange, by lot lot, at random, or by such other method as the Trustee in its sole discretion shall deem to be fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a 2,000 principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in partmultiples thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing If moneys to pay the redemption price are on deposit with a Paying Agent as provided in this Indenture, commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Penson Worldwide 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 not less than 15 days nor more than 90 at least 45 days before the redemption datedate (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 10 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in partmultiples thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent 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 10 days 20 Business Days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (McDermott International 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 not less than 15 days nor more than 90 at least 60 days before the redemption date, and in no event less than 15 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, 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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchange, to be redeemed shall be selected by lot or pursuant to the applicable procedures of the Depositary by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a 2,000 principal amount and higher integral multiples of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part1,000. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company Company, or at the Company’s request, request by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 10 15 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) Notice of any redemption of Notes in connection with a corporate transaction (including any equity offering, an incurrence of indebtedness or a change of control) may, at the Company’s discretion, be given prior to the completion thereof and any such redemption or notice may, at the Company’s discretion, be subject to one or more conditions precedent, including, but not limited to, completion of the related transaction. If such redemption or purchase is so subject to satisfaction of one or more conditions precedent, such notice shall describe each such condition and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied by the Redemption Date. In addition, the Company may provide in such notice that payment of the redemption price and performance of the Company’s obligations with respect to such redemption may be performed by another Person. (c) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1i) such election by the Company to redeem the Notes pursuant to the provisions contained in this Indenture or the terms of the Notes; (ii) the redemption date; (2iii) the redemption price, including the portion thereof representing any accrued interest; (3iv) the place or places where Notes are to be surrendered for redemption; (4v) Notes called for any conditions precedent to which such redemption must be so surrendered in order to collect the redemption priceis subject; (5vi) on the redemption date date, subject to any conditions in such notice, the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6vii) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; (viii) the paragraph of the Notes and/or provision of this Indenture pursuant to which the Notes called for redemption are being redeemed; and (7ix) if any Note contains a CUSIP or CINS ISIN number, no representation is being made as to the correctness of the CUSIP or CINS ISIN number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (cd) Once notice of redemption is sent to the HoldersHolders and all conditions, if any, are satisfied, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Molson Coors Brewing Co)

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 not less than 15 days nor more than 90 at least 60 days before the redemption datedate (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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount and any multiple of $2,000 shall be redeemed 1,000 in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in partexcess thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1i) the redemption date; (2ii) the redemption price, including the portion thereof representing any accrued interest; (3iii) the place or places where Notes are to be surrendered for redemption; (4iv) Notes called for redemption must be so surrendered in order to collect the redemption price; (5v) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6vi) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7vii) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Neenah Foundry Co)

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 not less than 15 days nor more than 90 at least 45 days before the redemption datedate (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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in partmultiples thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must will be sent mailed by first-class mail 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 10 days but 30 and not more than 90 60 days before the date of redemption dateto each Holder’s registered address, except where DTC requires that redemption notices may be mailed more than 60 days prior to a longer periodredemption date if the notice is issued in connection with a satisfaction and discharge of this Indenture. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS ISIN number, no representation is being made as to the correctness of the CUSIP or CINS ISIN number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Ruby Tuesday 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 not less than 15 days nor more than 90 at least 60 days before the redemption datedate (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 (or, in the case of Global Notes, the Trustee will select Notes for redemption (1) based on the Depositary’s required method), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchange, by lot or by such other method as the Trustee in its sole discretion shall deem to part must be fair and appropriate, in each case redeemed in denominations of $1,000 principal amount; provided that no Note in a 2,000 principal amount and higher integral multiples of $2,000 shall be redeemed in part and no new Notes in a principal amount 1,000 (subject to the procedures of $2,000 or less shall be issued in connection with any redemption in partthe Depositary). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires notices of redemption may be mailed more than 60 days prior to a longer periodredemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of the Indenture. (ba) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including to the portion thereof representing any accrued interestextent calculable; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, unless the redemption is subject to a condition precedent that is not satisfied or waived, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) any conditions precedent to the redemption (7) if any Note is redeemed in part, the portion of the principal amount of such Note to be redeemed and that, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) 8) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (b) The notice of redemption with respect to the redemption pursuant to Section 3.01 need not set forth the Make-Whole Price but only the manner of calculation thereof. The Company will notify the Trustee of the Make-Whole Price with respect to any redemption promptly after the calculation, and the Trustee shall not be responsible for such calculation. (c) Any such redemption or notice of redemption may, at the Company’s discretion, be subject to one or more conditions precedent, including, in the case of a redemption with the net cash proceeds of an Equity Offering, completion of the such Equity Offering. Notice of any redemption upon the completion of an Equity Offering may be given prior to the completion of such Equity Offering. (d) At the Company’s request, the Trustee shall give the notice of redemption in the Company’s name and at the Company’s expense; provided, however, that the Company shall have delivered to the Trustee, at least 45 days prior to the redemption date (or such shorter period of time as may be acceptable to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in this Section. (e) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption datedate unless the redemption is subject to a condition precedent that is not satisfied or waived, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note. (f) Unless the Company defaults in the payment of the redemption price, interest, if any, will cease to accrue on the Notes or portions thereof called for redemption on the applicable redemption date.

Appears in 1 contract

Samples: Indenture (SYNERGY RESOURCES Corp)

Method and Effect of Redemption. (a) If the Company elects Issuers elect to redeem NotesNotes of a series, it must notify the Trustee Securities Administrator of the redemption date and the principal amount of Notes of such series to be redeemed by delivering an Officers’ Certificate not less than 15 days nor more than 90 at least 60 days before the redemption datedate (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, Securities Administrator and must request that the Trustee Securities Administrator request that DTC (in the case of Global Notes) or that the Securities Administrator (in the case of Certificated Notes) will select the Notes for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangesuch series to be redeemed pro rata, by lot or by such any other method as the Trustee Securities Administrator in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a 2,000 principal amount and multiples of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part1,000 thereof. The Trustee Securities Administrator will notify the Company Issuers promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company Issuers or at the Company’s Issuers’ request, by the Trustee Securities Administrator in the name and at the expense of the CompanyIssuers, to Holders whose Notes are to be redeemed at least 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and and, unless the Issuers default in the payment of the redemption price, interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) On or prior to 12:00 noon, New York City time, on the redemption date for any Notes or portions thereof, the Company shall deposit with the Securities Administrator or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 4.01) an amount of money in US Dollars sufficient to pay the redemption price of such Notes or any portions thereof that are to be redeemed on that date. (d) Once notice of redemption is sent to the Holders, Notes called for redemption shall become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemptionredemption at the Corporate Trust Office of the Securities Administrator, the Company Issuers shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Cloud Peak Energy Inc.)

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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 not less than 15 days nor more than 90 at least 40 days before the redemption datedate (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 for to be redeemed, no later than 30 days prior to the redemption (1) in compliance with the requirements of the principal national securities exchangedate, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangepro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 2,000 principal amountamount and higher integral multiples of $1,000; provided provided, that no the unredeemed portion of a Note must be in a minimum principal amount of $2,000 shall 2,000; and provided further, that if the Notes are represented by one or more Global Notes, beneficial interests in the Notes will be redeemed selected for redemption by DTC in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection accordance with any redemption in partits standard procedures therefor. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption date. At the Company’s request in connection with an optional redemption, except where DTC requires a longer periodthe Trustee shall give the notice of redemption in the Company’s name and at its expense; provided, however, that the Company shall have delivered to the Trustee, at least 40 days prior to the redemption date (or such shorter period as may be acceptable to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in Section 3.03(b). (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, or if not then ascertainable, the manner of calculation thereof, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest; provided, that the Company has not defaulted in depositing the redemption price in accordance with the provisions hereof. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Huntington Ingalls Industries, 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 not less than 15 days nor more than 90 at least 60 days before the redemption datedate (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 for redemption (1) to be redeemed in compliance with the applicable requirements of the principal national Luxembourg Stock Exchange or other securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not then listed on a national any securities exchangeexchange (or the relevant securities exchange does not specify any manner of selection) pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a (Pounds)1,000 principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in partmultiples thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP CUSIP, CINS, ISIN or CINS Common Code number, no representation is being made as to the correctness of the CUSIP CUSIP, CINS, ISIN or CINS Common Code number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Chesapeake Corp /Va/)

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 less than 15 days nor more than 90 60 days before the redemption dateRedemption 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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed to be redeemed on a national securities exchangepro rata basis to the extent practicable, by lot or by such other method as in accordance with the Trustee in its sole discretion shall deem procedures of DTC to be fair and appropriatethe extent applicable, in each case in denominations of $1,000 principal amount; provided that no Note in a 2,000 principal amount and higher integral multiples of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part1,000. The Trustee will notify the Company Issuers promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption dateRedemption Date; provided, except where DTC requires a longer periodthat the Issuers have delivered to the Trustee, at least 45 days prior to the Redemption Date, an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided below. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption dateRedemption Date; (2) the redemption priceRedemption Price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption priceRedemption Price; (5) on the redemption date Redemption Date the redemption price Redemption Price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption dateRedemption Date; (6) if any Note is redeemed in part, on and after the redemption dateRedemption Date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; (7) if any Note is redeemed in part only, the portion of the principal amount thereof to be redeemed; (8) the paragraph of the Notes and/or Section of this Indenture pursuant to which the Notes called for redemption are being redeemed; and (79) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price Redemption Price on the redemption dateRedemption Date, and upon surrender of the Notes called for redemption, the Company Issuers shall redeem such Notes at the redemption priceRedemption Price. Commencing on On and after the redemption dateRedemption Date, Notes redeemed interest will cease to accrue intereston Notes or portions thereof called for redemption so long as the Issuers have deposited with the Paying Agent funds sufficient to pay the principal of the Notes to be redeemed, plus accrued and unpaid interest (and premium, if any) thereon. Upon surrender cancellation of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered NoteNote in the name of such Holder.

Appears in 1 contract

Samples: Indenture (Tower Automotive, LLC)

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 not less than 15 days nor more than 90 at least 60 days before the redemption datedate (unless a shorter period is satisfactory to the Trustee). 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. 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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchange, to be redeemed by lot or by such other any method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; amount and multiples thereof. A Note may be redeemed in part, provided that no Note in a partial redemption may reduce the principal amount at maturity of a Note not redeemed to less than $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part1,000. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice Written notice of redemption must be sent mailed 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 least 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and and, upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing Unless the Company defaults in its payment of the redemption price, on and after the redemption date, Notes redeemed interest will cease to accrue intereston the Notes or portions of the Notes called for redemption. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (State Auto Financial Corp)

Method and Effect of Redemption. (a) If the Company elects to redeem NotesNotes of any series, it must notify the Trustee of the redemption date date, the series and the principal amount of Notes to be redeemed by delivering an Officers' Certificate not less than 15 days nor more than 90 at least 60 days before the redemption datedate (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes of any 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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangesuch series to be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in partmultiples thereof. The Trustee will notify the Company promptly of the Notes of such series or portions of Notes of such series to be called for redemption. Notice of redemption must be sent 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption priceRedemption Price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption priceRedemption Price; (5) on the redemption date the redemption price Redemption Price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes of such series equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price Redemption Price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption priceRedemption Price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note of such series equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Ipalco Enterprises Inc)

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’ Certificate not less than 15 days nor more than 90 at least 45 days before the redemption datedate (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 10 days after the date of the notice of redemption is given to the Trustee, and the Trustee will select the Notes for redemption to be redeemed as follows: (1) if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange, if any, exchange on which the Notes are listed, or, ; or (2) if the Notes are not listed on a national securities exchange, on a pro rata basis (based on amounts tendered), by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a 1.00 principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in partmultiples thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice , Any notice of redemption must be sent by first-class mail 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemptionredemption and payment of the redemption price; (4) that Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is to be redeemed in part, on the principal amount of such Note to be redeemed and that after the redemption date, upon surrender of such Note, new Notes of like series equal in principal amount to the unredeemed portion thereof will be issued; and; (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed number; (8) interest on any Note not redeemed will continue to accrue; and (9) the paragraph of the Notes or as contained in and Section of this Indenture pursuant to which the notice of Notes called for redemption and that the Holder should rely only on the other identification numbers printed on the Notesare being redeemed. (c) Once a notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the any Notes called for redemption, the Company shall redeem such Notes at the applicable redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note of like series equal in principal amount to the unredeemed portion of the surrendered Note. (d) The Company may acquire Notes by means other than a redemption, whether by tender offer, open market purchases, negotiated transactions or otherwise, in accordance with applicable securities laws, so long as such acquisitions do not otherwise violate the terms of this Indenture.

Appears in 1 contract

Samples: Indenture (Foster Wheeler 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 not less than 15 days nor more than 90 days before the redemption date. 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 TrusteeTrustee and, in the event of a redemption pursuant to Section 3.03, the amount of Notes which are Puttable Notes, and the Trustee will select the Notes for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchange, by lot or by such other method as the Trustee in its sole discretion shall deem to be fair and appropriate, in each case in denominations of $1,000 principal amountamount and multiples thereof; provided that in the event of a redemption pursuant to Section 3.03, the Trustee shall apply the redemption price, first, to the redemption of the Puttable Notes, together with the accrued and unpaid interest thereon, pro rata among the Holders thereof, until no Note in a principal amount Puttable Notes remain outstanding and, second to the redemption of $2,000 shall be redeemed in part and no new all other outstanding Notes in a principal amount accordance with clause (1) or (2), as applicable, of $2,000 or less shall be issued in connection with any redemption in partthis sentence. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 days but not more than 90 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (E Trade Financial Corp)

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 not less than 15 days nor more than 90 at least 45 days before the redemption datedate (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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in partmultiples thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must will be sent mailed by first-class mail 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 10 days but 30 and not more than 90 60 days before the date of redemption dateto each Holder’s registered address, except where DTC requires that redemption notices may be mailed more than 60 days prior to a longer periodredemption date if the notice is issued in connection with a satisfaction and discharge of the Indenture. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Wendy's/Arby's Group, Inc.)

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 not less than 15 days nor more than 90 at least 45 days before the redemption datedate (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 for redemption to be redeemed as follows: (1) if the Notes are listed, in compliance with the requirements of the principal national securities exchange, if any, exchange on which the Notes are listed, or, ; or (2) if the Notes are not listed so listed, on a national securities exchangepro rata basis, by lot or by such other method as the Trustee in its sole discretion shall deem to be fair and appropriate, in each case in denominations . No Notes of $1,000 principal amount; provided that no Note in a principal amount of less than $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice Notices of redemption must shall be sent mailed by first class mail, or delivered electronically if held by DTC, at least 30 but not more than 60 days before the Company or at the Company’s request, by the Trustee in the name and at the expense redemption date to each Holder of the Company, to Holders whose Notes are to be redeemed at least 10 days but not its registered address, except that redemption notices may be delivered more than 90 60 days before prior to the redemption date, except where DTC requires date if the notice is issued in connection with the defeasance of the Notes or a longer periodsatisfaction and discharge of the Indenture. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where the Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on the Notes called for redemption, and interest on the Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, the portion of the principal amount of the Note to be redeemed and on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, the Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on On and after the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (SB/RH Holdings, LLC)

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 not less than 15 days nor more than 90 at least 45 days before the redemption datedate (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 for redemption to be redeemed (1) if the Notes are listed, in compliance with the requirements of the principal national securities exchange, if any, exchange on which the Notes are listed, or, or (2) if the Notes are not listed so listed, on a national securities exchangepro rata basis, by lot or by such other method as the Trustee in its sole discretion shall deem to be fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount and multiples thereof. No Notes of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 1,000 or less shall be issued in connection with any redemption redeemed in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. Notices of redemption may not be conditional. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) that Notes called for redemption must be so surrendered in order to collect the redemption price; (5) that, on the redemption date date, the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, the portion of the principal amount thereof to be redeemed and that, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) that, if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on On and after the redemption date, Notes redeemed will cease interest ceases to accrue intereston Notes or portions thereof called for redemption. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount equal to the unredeemed portion of the surrendered original Note will be issued in the name of the Holder thereof upon cancellation of the original Note.

Appears in 1 contract

Samples: Indenture (Playboy Enterprises Inc)

Method and Effect of Redemption. (a) If In case of any redemption of Securities of any series, the Company elects to redeem Notes, it must notify the Trustee of the redemption date and date, the principal amount and, if applicable, the tenor of Notes the Securities of such series to be redeemed by delivering an Officers' Certificate not less than 15 days nor more than 90 at least 60 days before the redemption datedate (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes Securities of any 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 for redemption (1) in compliance with the requirements Securities of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangesuch series to be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, in each case in denominations equal to the mini mum authorized denominations for Securities of $1,000 principal amount; provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 such series or less shall be issued in connection with any redemption in partmultiple thereof. The Trustee will notify the Company promptly of the Notes Securities of such series or portions of Notes Securities of such series to be called for redemption. Notice of redemption must be sent 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 Securities are to be redeemed at least 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (Securities of such series including the CUSIP numbersor CINS number(s) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes Securities of such series are to be surrendered for redemption; (4) Notes Securities of such series called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes Securities of such series called for redemption, and interest on Notes Securities of such series called for redemption will cease to accrue on and after the redemption date; (6) if any Note Security of such series is redeemed in part, on and after the redemption date, upon surrender of such NoteSecurity of such series, new Notes Securities of such series equal in principal amount to the unredeemed portion will be issued; and (7) if any Note Security of such series contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes Securities of such series or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the NotesSecurities of such series. (c) Once notice of redemption is sent to the Holders, Notes Securities of any series called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes Securities of such series called for redemption, the Company shall redeem such Notes Securities at the redemption price. Commencing on the redemption date, Notes the Securities of such series redeemed will cease to accrue interest. Upon surrender of any Note Security of any series redeemed in part, the Holder will receive a new Note Security of such series and tenor equal in principal amount to the unredeemed portion of the surrendered NoteSecurity of such series.

Appears in 1 contract

Samples: Indenture (Compaq Computer Corp)

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 not less than 15 days nor more than 90 at least 40 days before the redemption date, and in no event less than 10 days prior to the sending of the notice of redemption (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes 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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as customarily authorized by the Trustee in its sole discretion shall deem to be fair clearing systems (including DTC), and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part. 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. Notice of redemption must be sent by the Company or at the Company’s requestrequest made at least 10 days prior to the date on which the notice of redemption must be 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 Holders whose Notes are to be redeemed at least 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires a longer period. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price[Intentionally Omitted]; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Flextronics International Ltd.)

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 not less than 15 days nor more than 90 at least 25 days before the redemption datedate (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 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 for of such series to be redeemed, no later than 10 days prior to the redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangedate, by lot or by such any other method as the Trustee in its sole discretion shall deem to be fair and deems appropriate, in each case in denominations of $2,000 principal amount and integral multiples of $1,000 principal amountin excess thereof; provided provided, that no the unredeemed portion of a Note must be in a minimum principal amount of $2,000 shall 2,000; and provided further, that if the Notes of a series are represented by one or more Global Notes, beneficial interests in the Notes of such series will be redeemed selected for redemption by DTC in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection accordance with any redemption in partits standard procedures therefor. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 days but not more than 90 60 days before the redemption date. At the Company’s request in connection with an optional redemption, except where DTC requires a longer periodthe Trustee shall give the notice of redemption in the Company’s name and at its expense; provided, however, that the Company shall have delivered to the Trustee, at least 25 days prior to the redemption date (or such shorter period as may be acceptable to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in Section 3.03(b). (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, or if not then ascertainable, the manner of calculation thereof, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest; provided, that the Company has not defaulted in depositing the redemption price in accordance with the provisions hereof. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Huntington Ingalls Industries, 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 not less than 15 days nor more than 90 at least 60 days before the redemption dateRedemption 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 for redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangeto be redeemed pro rata, by lot or by such any other method as the Trustee in its sole discretion shall deem to be deems fair and appropriate, appropriate in each case in minimum denominations of $2,000 and multiples of $1,000 principal amount; amount in excess thereof (provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount denominations of $2,000 or less shall may be issued in connection with any redemption redeemed in part) and, in respect of Global Notes, in accordance with the procedures of DTC (subject to adjustments so that no Note in an unauthorized denomination remains outstanding). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption dateRedemption Date, except where DTC requires that a longer periodnotice of redemption may be sent 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 in accordance with the provisions of Article 8. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption dateRedemption Date; (2) the redemption price, including the portion thereof representing any accrued and unpaid interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date Redemption Date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption dateRedemption Date; (6) if any Note is redeemed in part, on and after the redemption dateRedemption Date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption dateRedemption Date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption dateRedemption Date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Seagate Technology PLC)

Method and Effect of Redemption. (a) If the Company elects to redeem NotesNotes pursuant to Section 3.01 or Section 4.14(f), it must notify shall furnish to the Trustee, at least two Business Days (or such shorter period as the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate not less than 15 days nor more than 90 days may agree) before the redemption date. 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 required to be mailed or caused to be mailed to Holders pursuant to Section 3.01 or Section 4.14(f), an Officer’s Certificate setting forth (i) the Trustee, and the Trustee will select the Notes for redemption (1) in compliance with the requirements paragraph or subparagraph of the principal national securities exchange, if any, on such Note and/or Section of this Indenture pursuant to which the Notes are listed, orredemption shall occur, (2ii) if the Notes are not listed on a national securities exchangeredemption date, by lot or by such other method as (iii) the Trustee in its sole discretion shall deem to be fair and appropriate, in each case in denominations of $1,000 principal amount; provided that no Note in a principal amount of $2,000 shall be redeemed in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection with any redemption in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice redeemed and (iv) the redemption price. (b) Notices of redemption must be sent delivered or mailed by the Company or 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 10 ten days but not more than 90 60 days before the redemption datedate to each Holder of Notes to be redeemed at such Holder’s registered address or otherwise in accordance with the procedures of the Depositary, except where DTC requires that, notwithstanding Section 3.01 and Section 4.14(f), redemption notices may be delivered or mailed more than 60 days prior to a longer periodredemption date if the notice is issued in connection with Article 8 or Article 11 hereof. (bc) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemptionname and address of the Paying Agent; (4) Notes called for redemption must be so surrendered to the Paying Agent in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in partpart only, on and or after the redemption date, upon surrender of such NoteNote for cancellation, a new Notes Note equal in principal amount to the unredeemed portion of the original Note will be issuedissued in the name of the Holder upon cancellation of the original Note; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (cd) If fewer than all of the Notes are being redeemed, selection of the Notes for redemption will be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed and in such manner as complies with applicable legal requirements and, in the case of Global Notes, the procedures of the Depositary; provided that the selection of Notes for redemption shall not result in a Holder with a principal amount of Notes less than the minimum denomination of $2,000. In the event of partial redemption, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than ten nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption or purchase. The Trustee will notify the Company promptly of the Notes or portions of Notes selected for redemption, and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. (e) Once notice of redemption is sent delivered or mailed to the HoldersHolders in accordance with Section 3.03(b), Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price, subject in each case to the satisfaction or waiver of any conditions to such redemption set forth in the notice of redemption in the case of a conditional redemption pursuant to Section 3.01(g). Commencing on the redemption date, Notes redeemed will cease to accrue interest. A notice of redemption, if delivered or mailed in a manner herein provided, shall be conclusively presumed to have been given, whether or not the Holder receives such notice. In any case, failure to deliver or mail a notice of redemption or any defect in the notice to the Holder of any Note designated for redemption in whole or in part shall not affect the validity of the proceedings for the redemption of any other Note. Upon surrender of any Note redeemed in partpart to the Trustee for cancellation, the Trustee will promptly authenticate and mail (or cause to be transferred by book entry) to the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note; provided that each such new Note shall be in a principal amount of $2,000 or integral multiples of $1,000 in excess thereof. It is understood that, notwithstanding anything in this Indenture to the contrary, only an Authentication Order and not an Opinion of Counsel or Officer’s Certificate is required for the Trustee to authenticate such new Note.

Appears in 1 contract

Samples: Indenture (Viasat 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 not less than 15 days nor more than 90 at least 60 days before the redemption datedate (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 (or, in the case of Global Notes, the Trustee will select Notes for redemption (1) based on the Depositary’s required method), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchange, by lot or by such other method as the Trustee in its sole discretion shall deem to part must be fair and appropriate, in each case redeemed in denominations of $1,000 principal amount; provided that no Note in a 2,000 principal amount and higher integral multiples of $2,000 shall be redeemed in part and no new Notes in a principal amount 1,000 (subject to the procedures of $2,000 or less shall be issued in connection with any redemption in partthe Depositary). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires notices of redemption may be mailed more than 60 days prior to a longer periodredemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of the Indenture. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including to the portion thereof representing any accrued interestextent calculable; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, unless the redemption is subject to a condition precedent that is not satisfied or waived, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) any conditions precedent to the redemption (7) if any Note is redeemed in part, the portion of the principal amount of such Note to be redeemed and that, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) 8) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) The notice of redemption with respect to the redemption pursuant to Section 3.01 need not set forth the Make-Whole Price but only the manner of calculation thereof. The Company will notify the Trustee of the Make-Whole Price with respect to any redemption promptly after the calculation, and the Trustee shall not be responsible for such calculation. (d) Any such redemption or notice of redemption may, at the Company’s discretion, be subject to one or more conditions precedent, including, in the case of a redemption with the net cash proceeds of an Equity Offering, completion of the such Equity Offering. Notice of any redemption upon the completion of an Equity Offering may be given prior to the completion of such Equity Offering. (e) At the Company’s request, the Trustee shall give the notice of redemption in the Company’s name and at the Company’s expense; provided, however, that the Company shall have delivered to the Trustee, at least 45 days prior to the redemption date (or such shorter period of time as may be acceptable to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in this Section. (f) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption datedate unless the redemption is subject to a condition precedent that is not satisfied or waived, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note. (g) Unless the Company defaults in the payment of the redemption price, interest, if any, will cease to accrue on the Notes or portions thereof called for redemption on the applicable redemption date

Appears in 1 contract

Samples: 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 and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate not less than 15 days nor more than 90 at least 60 days before the redemption datedate (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 (or, in the case of Global Notes, the Trustee will select Notes for redemption (1) based on the Depositary’s required method), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchange, by lot or by such other method as the Trustee in its sole discretion shall deem to part must be fair and appropriate, in each case redeemed in denominations of $1,000 principal amount; provided that no Note in a 2,000 principal amount and higher integral multiples of $2,000 shall be redeemed in part and no new Notes in a principal amount 1,000 (subject to the procedures of $2,000 or less shall be issued in connection with any redemption in partthe Depositary). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 30 days but not more than 90 60 days before the redemption date, except where DTC requires notices of redemption may be mailed or delivered more than 60 days prior to a longer periodredemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of the Indenture. (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, including to the portion thereof representing any accrued interestextent calculable; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, unless the redemption is subject to a condition precedent that is not satisfied or waived, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) any conditions precedent to the redemption (7) if any Note is redeemed in part, the portion of the principal amount of such Note to be redeemed and that, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) 8) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once The notice of redemption is sent with respect to the Holders, Notes called for redemption become due and payable at pursuant to Section 3.01 need not set forth the redemption price on Make-Whole Price but only the redemption date, and upon surrender manner of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.calculation

Appears in 1 contract

Samples: Indenture (PDC Energy, 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 not less than 15 days nor more than 90 at least 25 days before the redemption datedate (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 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 for of such series to be redeemed, no later than 15 days prior to the redemption (1) in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, (2) if the Notes are not listed on a national securities exchangedate, by lot or by such any other method as the Trustee in its sole discretion shall deem to be fair and deems appropriate, in each case in denominations of $2,000 principal amount and integral multiples of $1,000 principal amountin excess thereof; provided provided, that no the unredeemed portion of a Note must be in a minimum principal amount of $2,000 shall 2,000; and provided further, that if the Notes of a series are represented by one or more Global Notes, beneficial interests in the Notes of such series will be redeemed selected for redemption by DTC in part and no new Notes in a principal amount of $2,000 or less shall be issued in connection accordance with any redemption in partits standard procedures therefor. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. 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 10 15 days but not more than 90 60 days before the redemption date. At the Company’s request in connection with an optional redemption, except where DTC requires a longer periodthe Trustee shall give the notice of redemption in the Company’s name and at its expense; provided, however, that the Company shall have delivered to the Trustee, at least 25 days prior to the redemption date (or such shorter period as may be acceptable to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in Section 3.03(b). (b) The notice of redemption will identify the Notes (including the CUSIP numbers) to be redeemed and will include or state the following: (1) the redemption date; (2) the redemption price, or if not then ascertainable, the manner of calculation thereof, including the portion thereof representing any accrued interest; (3) the place or places where Notes are to be surrendered for redemption; (4) Notes called for redemption must be so surrendered in order to collect the redemption price; (5) on the redemption date the redemption price will become due and payable on Notes called for redemption, and interest on Notes called for redemption will cease to accrue on and after the redemption date; (6) if any Note is redeemed in part, on and after the redemption date, upon surrender of such Note, new Notes equal in principal amount to the unredeemed portion will be issued; and (7) if any Note contains a CUSIP or CINS number, no representation is being made as to the correctness of the CUSIP or CINS number either as printed on the Notes or as contained in the notice of redemption and that the Holder should rely only on the other identification numbers printed on the Notes. (c) Once notice of redemption is sent to the Holders, Notes called for redemption become due and payable at the redemption price on the redemption date, and upon surrender of the Notes called for redemption, the Company shall redeem such Notes at the redemption price. Commencing on the redemption date, Notes redeemed will cease to accrue interest; provided, that the Company has not defaulted in depositing the redemption price in accordance with the provisions hereof. Upon surrender of any Note redeemed in part, the Holder will receive a new Note equal in principal amount to the unredeemed portion of the surrendered Note.

Appears in 1 contract

Samples: Indenture (Huntington Ingalls Industries, Inc.)

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