Common use of Notes Payable on Redemption Date Clause in Contracts

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed will, on the Redemption Date, become due and payable at the redemption price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers default in the payment of the redemption price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will be paid by the Issuers at the redemption price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date). If any Note called for redemption is not so paid upon surrender thereof for redemption, the principal (and premium, if any) will, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will be payable to Holders whose Notes will be subject to redemption by the Issuers.

Appears in 4 contracts

Samples: Guarantors (Neiman Marcus Group LTD LLC), Neiman Marcus Group LTD LLC, Mariposa Merger Sub (Neiman Marcus Group LTD Inc.)

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Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price Redemption Price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers Issuer shall default in the payment of the redemption price Redemption Price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers Issuer at the redemption priceRedemption Price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date). If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Regular Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will shall be paid to the Person in whose name the Note is registered at the close of business on such Regular Record Date, and no further interest will shall be payable to Holders whose Notes will shall be subject to redemption by the IssuersIssuer.

Appears in 3 contracts

Samples: Indenture (Booz Allen Hamilton Holding Corp), Sylvamo Corp, Indenture (Booz Allen Hamilton Holding Corp)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers shall default in the payment of the redemption price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers at the redemption price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date falling prior to or on the Redemption Date). If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will shall be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will shall be payable to Holders whose Notes will shall be subject to redemption by the Issuers.

Appears in 3 contracts

Samples: PPD, Inc., PPD, Inc., Atotech LTD

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers shall default in the payment of the redemption price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers at the redemption price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date). If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will shall be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will shall be payable to Holders whose Notes will shall be subject to redemption by the Issuers.

Appears in 3 contracts

Samples: Axalta Coating Systems Ltd., Indenture (Axalta Coating Systems Ltd.), Indenture (Axalta Coating Systems Ltd.)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price therein specified (together with accrued interestand unpaid interest and Special Interest, if any, to, but excluding, to the Redemption Date), and from and after such date (unless the Issuers shall default in the payment of the redemption price and accrued interestinterest and Special Interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interestinterest and Special Interest, if any. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers at the redemption price, together with accrued interestand unpaid interest and Special Interest, if any, to, but excluding, to the Redemption Date (subject to the rights of Holders of record on the relevant Record Date record date to receive interest and Special Interest, if any, due on an interest payment date that is on or prior to the relevant Interest Payment Redemption Date). If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest and Special Interest, if any, from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will be payable to Holders whose Notes will be subject to redemption by the Issuers.

Appears in 2 contracts

Samples: Indenture (Tronox Inc), Tronox (Tronox Inc)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers shall default in the payment of the redemption price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers at the redemption price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment DateDate falling prior to or on the redemption date). If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will shall be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will shall be payable to Holders whose Notes will shall be subject to redemption by the Issuers.

Appears in 2 contracts

Samples: Ortho Clinical Diagnostics Holdings PLC, Ortho Clinical Diagnostics Holdings PLC

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price Redemption Price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers Company shall default in the payment of the redemption price Redemption Price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers Company at the redemption priceRedemption Price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date falling prior to or on the Redemption Date). If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Regular Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will shall be paid to the Person in whose name the Note is registered at the close of business on such Regular Record Date, and no further interest will shall be payable to Holders whose Notes will shall be subject to redemption by the IssuersCompany.

Appears in 2 contracts

Samples: Intercreditor Agreement (Lannett Co Inc), Lannett Co Inc

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price Redemption Price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers Issuer shall default in the payment of the redemption price Redemption Price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers Issuer at the redemption priceRedemption Price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date). 104 If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Regular Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will shall be paid to the Person in whose name the Note is registered at the close of business on such Regular Record Date, and no further interest will shall be payable to Holders whose Notes will shall be subject to redemption by the IssuersIssuer.

Appears in 1 contract

Samples: Indenture (Booz Allen Hamilton Holding Corp)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers Issuer shall default in the payment of the redemption price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers Issuer at the redemption price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date falling prior to or on the Redemption Date). If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if anythe Applicable Prepayment Premium) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will shall be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will shall be payable to Holders whose Notes will shall be subject to redemption by the IssuersIssuer.

Appears in 1 contract

Samples: Ch2m Hill (Ch2m Hill Companies LTD)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price Redemption Price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers Company shall default in the payment of the redemption price Redemption Price and accrued interest, including accrued Additional Interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interest. Holders will be required to surrender the Notes to be redeemed to the Paying Agent at the address specified in the notice of redemption at least one Business Day prior to the Redemption Date. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers Company at the redemption price, Redemption Price together with accrued interestinterest and accrued Additional Interest, if any, toto the Redemption Date; provided, but excludinghowever, that installments of interest whose Stated Maturity is on or prior to the Redemption Date (subject shall be payable to the rights of Holders of record on the relevant Record Date to receive interest due such Notes, or one or more Predecessor Securities, registered as such on the relevant Interest Payment Date)Record Dates and Special Record Dates according to the terms and the provisions of Section 307. If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will be payable to Holders whose Notes will be subject to redemption by the IssuersNote.

Appears in 1 contract

Samples: First Supplemental Indenture (Sonic Automotive Inc)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price Redemption Price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers shall default in the payment of the redemption price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers at the redemption priceRedemption Price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date falling prior to or on the Redemption Date). If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will shall be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will shall be payable to Holders whose Notes will shall be subject to redemption by the Issuers.

Appears in 1 contract

Samples: ZoomInfo Technologies Inc.

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed will, on the Redemption Date, become due and payable at the redemption price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers default in the payment of the redemption price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will be paid by the Issuers at the redemption price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date). If any Note called for redemption is not so paid upon surrender thereof for redemption, the principal (and premium, if any) will, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will be paid to the Person in whose name the Note is registered at the close of business on such Record 137 Date, and no further interest will be payable to Holders whose Notes will be subject to redemption by the Issuers.

Appears in 1 contract

Samples: Neiman Marcus Group LTD LLC

Notes Payable on Redemption Date. Notice If notice of redemption having shall have been given as aforesaidprovided above, the Notes Notes, or portion thereof, so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price Redemption Price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date)specified, and from and after such date (unless the Issuers Issuer shall default in the payment of the redemption price Redemption Price and any applicable accrued interest, if any, to, but excluding, the Redemption DateSpecial Interest) such Notes will cease to shall not bear interest. Upon surrender of any such Note for redemption in accordance with said noticeSuch Notes, such Note will or portion thereof, shall be paid by the Issuers Issuer at the redemption priceRedemption Price, together with any applicable accrued interest, if any, to, but excluding, Special Interest and interest on overdue principal and interest (to the extent lawful) to the Redemption Date; PROVIDED, HOWEVER, that, in the event a Redemption Date (subject occurs after a Record Date but before the corresponding Interest Payment Date, installments of interest or Special Interest the payment of which is due, on or after the Redemption Date, shall be payable to the rights Noteholders of Holders such Notes, or one or more Predecessor Notes, registered as such at the close of record business on the relevant Record Date Dates according to receive interest due on their terms and the relevant Interest Payment Date)provisions of this Agreement. If any Note called for redemption is shall not be so paid upon surrender thereof for redemptionon the Redemption Date, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne provided by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will be payable to Holders whose Notes will be subject to redemption by the IssuersNote.

Appears in 1 contract

Samples: Purchase Agreement (Atrium Companies Inc)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable payable, unless such redemption is conditioned on the happening of a future event, at the redemption price Redemption Price therein specified (together with accrued but unpaid interest, if any, to, but excluding, to the Redemption Date), and from and after such date Redemption Date such Notes shall cease to bear interest (unless the Issuers Issuer shall default in the payment of the redemption price Redemption Price and accrued but unpaid interest, if any, to, but excluding, the Redemption Date) such Notes will cease to bear interest). Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers Issuer at the redemption priceRedemption Price, together with accrued but unpaid interest, if any, to, but excluding, the Redemption Date (subject and such Notes shall be canceled by the Trustee; provided, that installments of interest whose Stated Maturity is on or prior to the rights of Redemption Date shall be payable to the Holders of record such Notes, or one or more Predecessor Notes, registered as such at the close of business on the relevant Regular Record Date Dates according to receive interest due on their terms and the relevant Interest Payment Date)provisions of Section 3.07. If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will be payable to Holders whose Notes will be subject to redemption by the Issuers.

Appears in 1 contract

Samples: Indenture (International Seaways, Inc.)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes or portions of Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price therein specified (together with accrued interest, if any, to, but excluding, to the Redemption Date), and from on and after such date (unless the Issuers Company shall default in the payment of the redemption price and accrued interest) such Notes shall cease to bear interest and the only right of the Holders thereof will be to receive payment of the redemption price and, if anysubject to the next sentence, to, but excluding, unpaid interest on such Notes to the Redemption Date) such Notes will cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers Company at the redemption price, together with accrued interest, if any, to, but excluding, to the Redemption Date (subject to the rights of Holders of record on the relevant Record Date record date to receive interest due on the relevant Interest Payment Dateinterest payment date). If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the unpaid principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will be payable to Holders whose Notes will be subject to redemption by the Issuers.

Appears in 1 contract

Samples: Indenture (Conexant Systems Inc)

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Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date) (except as provided for in Section 5.2(b), ) and from and after such date (unless the Issuers Issuer shall default in the payment of the redemption price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers Issuer at the redemption price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date). If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will shall be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further additional interest will shall be payable to Holders whose Notes will shall be subject to redemption by the IssuersIssuer.

Appears in 1 contract

Samples: Indenture (FGL Holdings)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaidprovided above, the Notes so to be redeemed will, on the Redemption Date, become due and payable at the redemption price Redemption Price therein specified (specified, together with accrued interestand unpaid interest and Additional Interest, if any, to, but excluding, the Redemption Date), thereon and from and after such date (unless the Issuers Company will default in the payment of the redemption price Redemption Price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will be paid by the Issuers Company at the redemption priceRedemption Price, together with any accrued interestand unpaid interest and Additional Interest, if any, tothereon to but excluding the Redemption Date; provided, but excludinghowever, that installments of interest on Notes whose Stated Maturity is on or prior to the Redemption Date (subject will be payable to the rights of Holders of record such Notes registered as such on the relevant Regular Record Date Dates therefor according to receive interest due on their terms and the relevant Interest Payment Date)provisions of Section 2.10. If any Note called for redemption is will not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willprincipal, until paid, will bear interest from the Redemption Date at the rate borne by prescribed therefor in the Notes. If a Redemption Date Note or, if no rate is on or after a Record Date and on or before prescribed therefor in the related Interest Payment DateNote, at the accrued and unpaid rate of interest, if any, will be paid to the Person in whose name the Note is registered at the close of business on borne by such Record Date, and no further interest will be payable to Holders whose Notes will be subject to redemption by the IssuersNote.

Appears in 1 contract

Samples: Indenture (Level One Bancorp Inc)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable payable, unless such redemption is conditioned on the happening of a future event, at the redemption price Redemption Price therein specified (together with accrued but unpaid interest, if any, to, but excluding, to the Redemption Date), and from and after such date Redemption Date (unless the Issuers Issuer shall default in the payment of the redemption price Redemption Price and accrued but unpaid interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers Issuer at the redemption priceRedemption Price, together with accrued but unpaid interest, if any, to, but excluding, the Redemption Date (subject and such Note shall be canceled by the Trustee; provided, that installments of interest whose Stated Maturity is on or prior to the rights of Redemption Date shall be payable to the Holders of record such Notes, or one or more Predecessor Notes, registered as such at the close of business on the relevant Regular Record Date Dates according to receive interest due on their terms and the relevant Interest Payment Date)provisions of Section 3.07. If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If , unless such redemption is conditioned on the happening of a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will be payable to Holders whose Notes will be subject to redemption by the Issuersfuture event.

Appears in 1 contract

Samples: Indenture (Manitowoc Co Inc)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaidprovided above, the Notes so to be redeemed will, on the Redemption Date, become due and payable at the redemption price Redemption Price therein specified (specified, together with accrued interestand unpaid interest and Additional Interest, if any, to, but excluding, the Redemption Date), thereon and from and after such date (unless the Issuers Company will default in the payment of the redemption price Redemption Price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will be paid by the Issuers Company at the redemption priceRedemption Price, together with any accrued interestand unpaid interest and Additional Interest, if any, tothereon to but excluding the Redemption Date; provided, but excludinghowever, that installments of interest on Notes whose Stated Maturity is on or prior to the Redemption Date (subject will be payable to the rights of Holders of record such Notes registered as such at the close of business on the relevant Regular Record Date Dates therefor according to receive interest due on their terms and the relevant Interest Payment Date)provisions of Section 2.10. If any Note called for redemption is will not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willprincipal, until paid, will bear interest from the Redemption Date at the rate borne by prescribed therefor in the Notes. If a Redemption Date Note or, if no rate is on or after a Record Date and on or before prescribed therefor in the related Interest Payment DateNote, at the accrued and unpaid rate of interest, if any, will be paid to the Person in whose name the Note is registered at the close of business on borne by such Record Date, and no further interest will be payable to Holders whose Notes will be subject to redemption by the IssuersNote.

Appears in 1 contract

Samples: Universal Insurance Holdings, Inc.

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers Company shall default in the payment of the redemption price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers Company at the redemption price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date falling prior to or on the Redemption Date). If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will shall be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will shall be payable to Holders whose Notes will shall be subject to redemption by the IssuersCompany.

Appears in 1 contract

Samples: Ii-Vi Inc

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes or portions of Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption a price therein specified (together with accrued interest, if any, to, but excluding, equal to the Redemption Date)Price, except for Notes which are converted in accordance with the terms of this Indenture, and from and after such date (unless the Issuers Company shall default in the payment of the redemption price and accrued interest, if any, to, but excluding, the Redemption DatePrice) such Notes will shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers Company at the redemption price, together with accrued interest, Redemption Price on the Redemption Date; provided that if any, to, but excludingthe Redemption Date is on a date that is after the relevant Record Date and on or prior to the corresponding Interest Payment Date, the Redemption Price shall not include accrued and unpaid interest and the Company shall instead pay such interest due on the Interest Payment Date (subject to the rights of Holders Holder of record on the relevant corresponding Record Date to receive interest due on the relevant Interest Payment Date). If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will be payable to Holders whose Notes will be subject to redemption by the Issuers.

Appears in 1 contract

Samples: Indenture (Aar Corp)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable at the redemption price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers Issuer shall default in the payment of the redemption price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers Issuer at the redemption price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date). If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will shall be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will shall be payable to Holders whose Notes will shall be subject to redemption by the Issuers.Issuer. [[5541447]]

Appears in 1 contract

Samples: Indenture (Axalta Coating Systems Ltd.)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed will, on the Redemption Date, become due and payable at the redemption price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers default Issuer defaults in the payment of the redemption price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will be paid by the Issuers Issuer at the redemption price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date). If any Note called for redemption is not so paid upon surrender thereof for redemption, the principal (and premium, if any) will, until paid, bear interest from the Redemption Date at the rate borne by the Notes. If a Redemption Date is on or after a an interest Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further interest will be payable to Holders whose Notes will be subject to redemption by the IssuersIssuer.

Appears in 1 contract

Samples: Indenture (Leslie's, Inc.)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed willshall, on the Redemption Date, become due and payable (except as provided for in the last paragraph of Section 5.1(b)) at the redemption price therein specified (together with accrued interest, if any, to, but excluding, the Redemption Date), and from and after such date (unless the Issuers Company shall default in the payment of the redemption price and accrued interest, if any, to, but excluding, the Redemption Date) such Notes will shall cease to bear interest. Upon surrender of any such Note for redemption in accordance with said notice, such Note will shall be paid by the Issuers Company at the redemption price, together with accrued interest, if any, to, but excluding, the Redemption Date (subject to the rights of Holders of record on the relevant Record Date to receive interest due on the relevant Interest Payment Date). If any Note called for redemption is shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) willshall (to the extent permitted by applicable law), until paid, bear interest from the Redemption Date at the rate borne by the Notes; provided that the interest rate on any principal of a Note (or portion thereof) called for redemption but not paid on the applicable Redemption Date shall, to the extent permitted by law, be 2% per annum in excess of the interest rate otherwise borne by the Notes. If a Redemption Date is on or after a Record Date and on or before the related Interest Payment Date, the accrued and unpaid interest, if any, will and additional interest thereon, if any, shall be paid to the Person in whose name the Note is registered at the close of business on such Record Date, and no further additional interest will shall be payable to Holders whose Notes will shall be subject to redemption by the IssuersCompany.

Appears in 1 contract

Samples: Indenture (Lee Enterprises, Inc)

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