No Redemption of Securities Upon Occurrence of Acceleration. Notwithstanding anything herein to the contrary, the Company will not redeem any Securities on any date if the Accreted Principal Amount of the Securities has been accelerated, and such acceleration has not been rescinded on or prior to the Redemption Date (except in the case of an acceleration resulting from a default by the Company in the payment of the Redemption Price with respect to such Securities).
Appears in 3 contracts
Samples: Indenture (Arvinmeritor Inc), Indenture (Arvinmeritor Inc), Indenture (Arvinmeritor Inc)
No Redemption of Securities Upon Occurrence of Acceleration. Notwithstanding anything herein to the contrary, the Company will not redeem any Securities on any date if the Accreted Principal Amount principal amount of the Securities has been accelerated, and such acceleration has not been rescinded on or prior to the Redemption Date (except in the case of an acceleration resulting from a default failure by the Company in the payment of to pay the Redemption Price with respect to such Securities).
Appears in 2 contracts
Samples: First Supplemental Indenture (Arris Group Inc), Indenture (Arris Group Inc)
No Redemption of Securities Upon Occurrence of Acceleration. Notwithstanding anything herein to the contrary, the Company will not redeem any Securities on any date if the Accreted Principal Amount principal amount of the Securities has been accelerated, and such acceleration has not been rescinded on or prior to the Redemption Date (except in the case of an acceleration resulting from a default by the Company in the payment of the Redemption Price with respect to such Securities).
Appears in 2 contracts
Samples: Indenture (Meritor Inc), Indenture (Arris Group Inc)
No Redemption of Securities Upon Occurrence of Acceleration. Notwithstanding anything herein to the contrary, the Company will not redeem any Securities on any date if the Accreted Principal Amount of the Securities has been accelerated, and such acceleration has not been rescinded rescinded, on or prior to the Redemption Date (except in the case of an acceleration resulting from a default by the Company in the payment of the Redemption Price with respect to such Securities).
Appears in 1 contract
Samples: Indenture (Hercules Offshore, Inc.)