Common use of Notes Payable on Redemption Date Clause in Contracts

Notes Payable on Redemption Date. (1) Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified and from and after such date (unless the Obligor shall default in the payment of the Redemption Price) such Notes shall cease to bear interest. Upon surrender of such Notes for redemption in accordance with the notice, such Notes shall be paid by the Obligor at the Redemption Price. Any installment of interest due and payable on or prior to the Redemption Date shall be payable to the Holders of such Notes registered as such on the relevant Record Date according to the terms and the provisions of Section 2.06. (2) If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor by the Note.

Appears in 6 contracts

Samples: Indenture (Pepsi Bottling Group Inc), Indenture (Pepsico Inc), Indenture (Pepsico Inc)

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Notes Payable on Redemption Date. (1) Notice of redemption having After notice has been given under Section 3.13(d) as aforesaidto the Redemption Date in respect of any Optional Redemption, the Outstanding Principal Balance of the Notes so to be redeemed shall, on such Redemption Date in the Redemption Date, amount identified in such notice shall become due and payable on the Redemption Date at the Redemption Price therein specified (net of any portion thereof payable to the applicable Hedge Provider) at the Corporate Trust Office of the Indenture Trustee, and from and after such date Redemption Date (unless the Obligor there shall be a default in the payment of the Redemption Priceapplicable amount to be redeemed) such Notes principal amount shall cease to bear interest. Upon surrender of such any Notes for redemption in accordance with the such notice, the Redemption Price of such Notes shall be paid by the Obligor at the Redemption Pricein accordance with Section 3.11(d). Any installment of interest due and payable on or prior to the Redemption Date shall be payable to the Holders of such Notes registered as such on the relevant Record Date according to the terms and the provisions of Section 2.06. (2) If any Note called for redemption Notes to be redeemed shall not be so paid, or shall only be paid upon surrender thereof for redemptionin part in accordance with the terms of such notice, the principal shall, until paid, remaining Outstanding Principal Balance of such Notes shall continue to bear interest from the Redemption Date until it is paid at the interest rate prescribed therefor by the Noteapplicable to such Notes.

Appears in 5 contracts

Samples: Master Indenture (Trinity Industries Inc), Master Indenture (Trinity Industries Inc), Master Indenture (Trinity Industries Inc)

Notes Payable on Redemption Date. (1) Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified Price, and from and after such date (unless the Obligor Company shall default in the payment of the Redemption Price) such Notes shall cease to bear interestinterest and, except as provided below, shall be void. Upon surrender of any such Notes Note for redemption in accordance with the said notice, such Notes Note shall be paid by the Obligor Company at the Redemption Price. Any installment ; provided, however, that installments of interest due and payable whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Notes Notes, or one or more Predecessor Notes, registered as such at the close of business on the relevant Record Date Dates according to the their terms and the provisions of Section 2.06. (2) 207. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and any premium shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor by in the Note.

Appears in 5 contracts

Samples: Indenture (Southwest Gas Corp), Indenture (Southwest Gas Corp), Indenture (Southwest Gas Corp)

Notes Payable on Redemption Date. (1) Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified specified, plus accrued and unpaid interest and Liquidated Damages, if any, thereon to the Redemption Date, and from and after such date (unless the Obligor Company shall default in the payment of the Redemption PricePrice and accrued interest and Liquidated Damages, if any, thereon) such Notes shall cease to bear interestinterest and Liquidated Damages, if any. Upon surrender of Any such Notes Note surrendered for redemption in accordance with the notice, such Notes said notice shall be paid by the Obligor Company at the Redemption Price. Any installment , plus accrued and unpaid interest and Liquidated Damages, if any, thereon to the Redemption Date; provided, however, that installments of interest due and payable Liquidated Damages, if any, whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Notes Notes, registered as such on the relevant Regular Record Date Dates according to the terms and the provisions of Section 2.06. (2) If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor by the Note.2.12

Appears in 3 contracts

Samples: Indenture (Village at Breckenridge Acquisition Corp Inc), Indenture (Sbarro Inc), Indenture (GHTV Inc)

Notes Payable on Redemption Date. (1) Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified and from and after such date (unless the Obligor shall default in the payment of the Redemption Price) such the Notes shall cease to bear interest. Upon surrender of such the Notes for redemption in accordance with the notice, such the Notes shall be paid by the Obligor at the Redemption Price. Any installment of interest due and payable on or prior to the Redemption Date shall be payable to the Holders of such the Notes registered as such on the relevant Record Date according to the terms and the provisions of Section 2.06. (2) If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor borne by the Note.

Appears in 3 contracts

Samples: Indenture (Pepsi Bottling Group Inc), Indenture (Bottling Group LLC), Indenture (Bottling Group LLC)

Notes Payable on Redemption Date. (1) Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified and from and after such date (unless the Obligor shall default in the payment of the Redemption Price) such the Notes shall cease to bear interest. Upon surrender of such the Notes for redemption in accordance with the notice, such the Notes shall be paid by the Obligor at the Redemption Price. Any installment of interest due and payable on or prior to the Redemption Date shall be payable to the Holders of such the Notes registered as such on the relevant Record Date according to the terms and the provisions of Section 2.06. (2) If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor borne by the Note.

Appears in 2 contracts

Samples: Indenture (Gencor Industries Inc), Indenture (Alpine Group Inc /De/)

Notes Payable on Redemption Date. (1) Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified and from and after such date (unless the Obligor shall if no default is made in making due provision for the payment of the Redemption Price) such Notes shall cease to bear interest. Upon surrender of such Notes for redemption in accordance with the said notice, such Notes shall be paid by the Obligor Trust at the Redemption Price. Any installment Installments of interest due and payable whose Payment Date is on or prior to the Redemption Date shall be payable to the Holders of such Notes registered as such on the relevant Record Date Dates according to the terms and the provisions of Section 2.06. (2) their terms. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor borne by the NoteNotes.

Appears in 2 contracts

Samples: Indenture (Saul B F Real Estate Investment Trust), Indenture (Saul B F Real Estate Investment Trust)

Notes Payable on Redemption Date. (1) Notice of redemption Redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified and from and after such date (unless the Obligor shall default in the payment of the Redemption Price) such Notes shall cease to bear interest. Upon surrender of such Notes for redemption in accordance with the notice, such Notes shall be paid by the Obligor at the Redemption Price. Any installment of interest due and payable on or prior to the Redemption Date shall be payable to the Holders of such Notes registered as such on the relevant Record Date according to the terms and the provisions of Section 2.06. (2) 206 above. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor borne by the Note, or as otherwise provided in such Note.

Appears in 2 contracts

Samples: Indenture (Pepsi Bottling Group Inc), Indenture (Pepsi Bottling Group Inc)

Notes Payable on Redemption Date. (1) Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified specified, and from and after such date (unless the Obligor Company shall default in the payment of the Redemption Price) such Notes shall cease to bear interest. Upon surrender of any such Notes Note for redemption in accordance with the said notice, such Notes Note shall be paid by the Obligor Company at the Redemption Price. Any installment ; provided, however, that installments of interest due and payable whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Notes Notes, or one or more Predecessor Notes, registered as such at the close of business on the relevant Regular Record Date Dates according to the terms and the provisions of Section 2.06. (2) their terms. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal thereof shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor borne by the Note.

Appears in 2 contracts

Samples: Indenture (Fiserv Inc), Indenture (Fiserv Inc)

Notes Payable on Redemption Date. (1a) Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Dateredemption date, become due and payable at the Redemption Price redemption price therein specified and from and after such date (unless the Obligor Issuer shall default in the payment of the Redemption Priceredemption price) such Notes shall cease to bear interest. Upon surrender presentation of any such Notes Note for redemption, or compliance with the requirements of the Securities Depository with respect to redemption in part, in accordance with the notice, said notice such Notes Note shall be paid by the Obligor Issuer at the Redemption Priceredemption price. Any installment Installments of interest due and payable on or prior to the Redemption Date redemption date shall be payable to the Holders of such the Notes registered as such on the relevant Record Date Dates according to the terms of such Notes and the provisions of Section 2.064.4. (2b) If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date redemption date at the rate prescribed therefor by the NotePost-Default Rate.

Appears in 1 contract

Samples: Trust Indenture (La Man Corporation)

Notes Payable on Redemption Date. (1) Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified and from and after such date (unless the Obligor shall default in the payment of the Redemption Price) such Notes shall cease to bear interest. Upon surrender of such Notes for redemption in accordance with the notice, such Notes shall be paid by the Obligor at the Redemption Price. Any installment of interest due and payable on or prior to the Redemption Date shall be payable to the Holders of such Notes registered as such on the relevant Record Date according to the terms and the provisions of Section 2.06. (2) If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor borne by the Note.

Appears in 1 contract

Samples: Indenture (Bottling Group LLC)

Notes Payable on Redemption Date. (1) Notice If notice of redemption having shall have been given as aforesaidprovided above, the Notes so to be redeemed shall, on the Redemption DateDate (but subject to Section 4.3), become irrevocably due and payable on the Redemption Date at the Redemption Price therein specified (subject to any conditions specified therein), and from and after such date (unless the Obligor shall default upon payment in the payment full of the Redemption Price) Price such Notes shall cease to not bear interest. Upon surrender of any such Notes Note for redemption in accordance with the said notice, such Notes Note shall be paid by the Obligor its Issuer at the Redemption Price. Any installment Price on the Redemption Date; provided, however, that installments of interest due and payable whose Interest Payment Date is on or prior to the Redemption Date shall be payable to the Note Holders of such Notes Notes, or one or more predecessor Notes, registered as such at the close of business on the relevant Regular Record Date Dates according to the their terms and the provisions of Section 2.06this Agreement. (2) If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor by the Note.

Appears in 1 contract

Samples: Note and Unit Subscription Agreement (Carlyle Group L.P.)

Notes Payable on Redemption Date. (1) Notice of redemption having been given as aforesaidaforesaid or, in connection with a redemption under Section 1008, the applicable Note having been surrendered in accordance with such Section, the Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified and from and after such date (unless the Obligor shall default in the payment of the Redemption Price) such Notes shall cease to bear interest. Upon surrender of such Notes for redemption in accordance with the notice, said notice of redemption or in accordance with Section 1008 such Notes shall be paid by the Obligor at the Redemption Price. Any installment of interest due and payable on or prior to the Redemption Date shall be payable to the Holders of such Notes registered as such on the relevant Record Date according to the terms and the provisions of Section 2.06. (2) If any Note called for redemption or subject to redemption under Section 1008 shall not be so paid upon surrender thereof for redemption, the principal shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor by of interest determined from time to time in the Notemanner provided for in the Notes.

Appears in 1 contract

Samples: Indenture (Pepsi Bottling Group Inc)

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Notes Payable on Redemption Date. (1) Notice If notice of redemption having shall have been given as aforesaid, the Notes so subject to be redeemed redemption shall, on the Redemption Date, become due and payable at the Redemption Price therein specified specified, and from and after such date (unless the Obligor Issuer shall default in the payment of the Redemption Price) such Notes shall cease to bear interest. Upon surrender of any such Notes Note for redemption in accordance with the said notice, such Notes Note shall be paid by the Obligor Issuer at the Redemption Price. Any installment of ; provided, however, that principal and interest due and payable on the Notes which have a Maturity Date on or prior to the Redemption Date shall be payable to the Holders of such Notes registered Notes, or one or more Predecessor Notes, as such of the close of business on the relevant Record Date Dates according to the their terms and the provisions of Section 2.06. (2) this Indenture. 150 159 If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor by in the Note.

Appears in 1 contract

Samples: Indenture and Servicing Agreement (Vornado Realty Trust)

Notes Payable on Redemption Date. (1) Notice of redemption having been given as aforesaidprovided in Section 10.03 hereof, the Notes so to be redeemed shall, on the applicable Redemption Date, become due and payable at the Redemption Price therein specified and from and after on such date Redemption Date (unless the Obligor Issuer or the Bond Insurer shall default in the payment of the Redemption Price) such Notes shall cease to bear interest. Upon surrender The Holders of such Notes for redemption in accordance with the notice, such Notes shall be paid the Redemption Price by the Obligor at Paying Agent on behalf of the Redemption Price. Any installment Issuer; provided, however, that installments of principal and interest which are due and payable on or prior to the Redemption Date shall be payable to the Holders of such Notes registered as such on the relevant Record Date Dates according to the their terms and the provisions of Section 2.06. (2) 3.07 hereof. If the Holders of any Note called for redemption shall not be so paid upon surrender thereof for redemptionpaid, the principal and premium, if any, shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor by the Noterelated Note Interest Rate.

Appears in 1 contract

Samples: Indenture (T&w Financial Corp)

Notes Payable on Redemption Date. (1) Notice of acceptance of offer for redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein herein specified and from and after such date (date, unless the Obligor Company shall default in the payment of the Redemption Price) , such Notes shall cease to bear interest. Upon surrender of such Notes for redemption in accordance with the said notice, such Notes shall be paid by the Obligor Company at the Redemption Price. Any installment Installments of interest due and payable whose stated maturity is on or prior to the Redemption Date shall be payable to the Holders of such Notes registered as of the record date for such on the relevant Record Date according to the terms and the provisions of interest installment as provided in Section 2.06. (2) 3.1 hereof. If any Note called accepted for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor borne by the Note.

Appears in 1 contract

Samples: Note Purchase Agreement (Ixion Biotechnology Inc)

Notes Payable on Redemption Date. (1a) Notice of redemption pursuant to Section 9.4 having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, subject to Section 9.4(f) and the Co-Issuers' right to withdraw any notice of redemption pursuant to Section 9.4(c) , become due and payable at the Redemption Price Prices therein specified specified, and from and after such date the Redemption Date (unless the Obligor Issuer shall default in the payment of the Redemption PricePrices and accrued interest) all such Notes that are Secured Notes shall cease to bear interestinterest on the Redemption Date. Upon final payment on a Note to be so redeemed, the Holder shall present and surrender of such Notes for redemption in accordance with the notice, such Notes shall be paid by the Obligor Note at the place specified in the notice of redemption on or prior to such Redemption PriceDate. Any installment Payments of interest due and on Secured Notes so to be redeemed which are payable on or prior to the Redemption Date shall be payable to the Holders of such Notes Secured Notes, or one or more predecessor Notes, registered as such at the close of business on the relevant Record Date according to the terms and the provisions of Section 2.062.7(e). (2) If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor by the Note.

Appears in 1 contract

Samples: Indenture (Garrison Capital Inc.)

Notes Payable on Redemption Date. (1) Notice of redemption having been given as aforesaid, the Notes so to be redeemed shallwill, on the Redemption Date, become due and payable at the Redemption Price therein specified and from and after such date (unless the Obligor Company shall default in the payment of the Redemption Price) such Notes shall will cease to bear interestinterest and such Notes will cease to be outstanding. Upon surrender of any such Notes Note for redemption in accordance with the said notice, such Notes shall Note will be paid by the Obligor Company at the Redemption Price. Any installment ; provided, however, that installments of interest due and payable whose Stated Maturity is on or prior to the Redemption Date shall will be payable to the Holders of such Notes Notes, registered as such on the relevant Record Date according to the terms and the provisions of Section 2.06. (2) regular record dates. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor then borne by the such Note.

Appears in 1 contract

Samples: Indenture (General Communication Inc)

Notes Payable on Redemption Date. (1) Notice of redemption having been given as aforesaidset forth in Section 3.06, the Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price redemption price therein specified specified, together with accrued and from unpaid interest and after such date (unless the Obligor shall default in the payment of the Redemption Price) such Notes shall cease to bear interest. Upon surrender of such Notes for redemption in accordance with the noticeAdditional Amounts, such Notes shall be paid by the Obligor at the Redemption Price. Any installment of interest due and payable on or prior if any, thereon to the Redemption Date shall Date. On and after the Redemption Date, interest will cease to accrue on Notes or portions thereof called for redemption as long as the Issuer has deposited with the Principal Paying Agent funds in satisfaction of the applicable redemption price pursuant to Section 3.06. Upon redemption of any Notes by the Issuer, such redeemed Notes will be payable to the Holders of such Notes registered as such on the relevant Record Date according to the terms and the provisions of Section 2.06. (2) cancelled. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor by in the Note.

Appears in 1 contract

Samples: Indenture (Venezuelan National Petroleum Co)

Notes Payable on Redemption Date. (1) Notice of redemption having been given as aforesaidprovided in Section 10.03 hereof, the Notes so to be of each Series being redeemed shall, on the applicable Redemption Date, become due and payable at the applicable Redemption Price therein specified and from and after on such date Redemption Date (unless the Obligor Issuer shall default in the payment of the such Redemption Price) such Notes shall cease to bear interest. Upon surrender The Holders of such Notes for redemption in accordance with the notice, such Notes shall be paid the applicable Redemption Price by the Obligor at Paying Agent on behalf of the Redemption Price. Any installment Issuer; provided, however, that installments of principal and interest which are due and payable on or prior to the such Redemption Date shall be payable to the Holders of the Notes of such Notes Series registered as such on the relevant Record Date Dates according to the their terms and the provisions of Section 2.06. (2) 3.07 hereof. If the Holders of any Note called for redemption shall not be so paid upon surrender thereof for redemptionpaid, the principal and premium, if any, shall, until paid, bear interest from the applicable Redemption Date at the rate prescribed therefor by the Noteapplicable Note Interest Rate.

Appears in 1 contract

Samples: Indenture (Trendwest Resorts Inc)

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