Common use of Notice of Optional Redemption; Selection of Securities Clause in Contracts

Notice of Optional Redemption; Selection of Securities. (a) In case the Company shall desire to exercise the right to redeem all or, as the case may be, any part of the Securities pursuant to Section 3.01, it shall fix a date for redemption and it or, at its written request received by the Trustee and the Paying Agent not fewer than five Business Days prior (or such shorter period of time as may be acceptable to the Paying Agent) to the date the notice of redemption is to be delivered accompanied by an Officers’ Certificate, the Trustee in the name of and at the expense of the Company, shall deliver or cause to be delivered a notice of such redemption not fewer than 30 calendar days nor more than 60 calendar days prior to the Redemption Date to each Holder of Securities so to be redeemed in whole or in part at its last address as the same appears on the Security Register, setting forth the information to be stated in such notice as provided in Section 1104 of the Base Indenture. If fewer than all the Securities are to be redeemed, the notice of redemption shall identify the Securities to be redeemed (including CUSIP numbers, if any). In case any Security is to be redeemed in part only, the notice of redemption shall state the portion of the principal amount thereof to be redeemed and shall state that, on and after the Redemption Date, upon surrender of such Security, a new Security or Securities in principal amount equal to the unredeemed portion thereof will be issued.

Appears in 3 contracts

Samples: Mfa Financial (Mfa Financial, Inc.), Mfa Financial (Mfa Financial, Inc.), Chimera Investment Corp

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Notice of Optional Redemption; Selection of Securities. (a) In case the Company shall desire to exercise the right to redeem all or, as the case may be, any part of the Securities pursuant to Section 3.014.01, it shall fix a date for redemption and it or, at its written request received by the Trustee and the Paying Agent not fewer than five Business Days prior (or such shorter period of time as may be acceptable to the Paying Agent) to the date the notice of redemption is to be delivered accompanied by an Officers’ Officer’s Certificate, the Trustee in the name of and at the expense of the Company, shall deliver or cause to be delivered a notice of such redemption not fewer than 30 calendar days nor more than 60 calendar days prior to the Redemption Date to each Holder of Securities so to be redeemed in whole or in part at its last address as the same appears on the Debt Security Register, setting forth the information to be stated in such notice as provided in Section 1104 4.04 of the Base Indenture. If fewer than all the Securities are to be redeemed, the notice of redemption shall identify the Securities to be redeemed (including CUSIP numbers, if any). In case any Security is to be redeemed in part only, the notice of redemption shall state the portion of the principal amount thereof to be redeemed and shall state that, on and after the Redemption Date, upon surrender of such Security, a new Security or Securities in principal amount equal to the unredeemed portion thereof will be issued.

Appears in 1 contract

Samples: Supplemental Indenture (New York Mortgage Trust Inc)

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Notice of Optional Redemption; Selection of Securities. (a) In case the Company shall desire to exercise the exercises its Optional Redemption right to redeem all or, as the case may be, any part of the Securities pursuant to Section 3.01, it shall fix a date for redemption (each, a “Redemption Date”) and it or, at its written request received by the Trustee and the Paying Agent not fewer than five at least three Business Days prior to notification of the Holders (or such shorter period of time as may be acceptable to the Paying AgentTrustee) to the date the notice of redemption is to be delivered accompanied by an Officers’ CertificateCertificate containing the information requested by this Section 3.02, the Trustee Trustee, in the name of and at the expense of the Company, shall deliver or cause to be delivered a notice of such redemption Optional Redemption (a “Redemption Notice”) not fewer less than 30 calendar days 55 nor more than 60 calendar days 65 Scheduled Trading Days prior to the Redemption Date to the Trustee, the Paying Agent and each Holder of Securities so to be redeemed in as a whole or in part at its last address as part. However, if the same appears on Company is then otherwise permitted to settle conversions of Securities by Physical Settlement (and, for the Security Registeravoidance of doubt, setting forth has not irrevocably agreed to settle by some other Settlement Method) and, in accordance with the information to be stated in such notice as provided in provisions of Section 1104 of the Base Indenture. If fewer than all the Securities are to be redeemed4.02(a)(iii), the notice Company elects to settle all conversions of redemption shall identify the Securities to be redeemed (including CUSIP numbers, if any). In case any Security is to be redeemed in part only, the notice of redemption shall state the portion of the principal amount thereof to be redeemed and shall state that, with a Conversion Date that occurs on and or after the date the Company sends such Redemption Notice and before the related Redemption Date by Physical Settlement, then the Company may instead elect to choose a Redemption Date that is a Business Day not less than 15 calendar days nor more than 65 Scheduled Trading Days after the date the Company sends such Redemption Notice. The Redemption Date must be a Business Day, and the Company may not send a Redemption Notice on or after the 65th Scheduled Trading Day immediately preceding the Maturity Date, upon surrender of such Security, a new Security or Securities in principal amount equal to the unredeemed portion thereof will be issued.

Appears in 1 contract

Samples: Ezcorp Inc

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