Notice of Redemption and Maturity. Notice of redemption will be mailed by first-class mail at least 30 days but not more than 60 days before the redemption date to each Holder of Securities to be redeemed at his, her or its registered address. Securities in denominations larger than $2,000 may be redeemed in part but only in whole multiples of $1,000 in excess of $2,000. If money sufficient to pay the redemption price of and accrued and unpaid interest on all Securities (or portions thereof) to be redeemed on the redemption date is deposited with a Paying Agent on or before the redemption date and certain other conditions are satisfied, on and after such date, interest ceases to accrue on such Securities (or such portions thereof) called for redemption. Notwithstanding the Stated Maturity, this Security shall mature on the Applicable Date unless prior to such date, the Company certifies to the Trustee in an Officers’ Certificate that $100.0 million or less in principal amount of the Issuers’ 11.375% Senior Subordinated Notes due 2016 will remain outstanding on the Applicable Date. Concurrently with delivery of such Officers’ Certificate to the Trustee, the Company shall provide notice to the Holders of the Securities confirming that the Securities shall mature on the Stated Maturity of January 15, 2019. In the event that this Security shall mature on the Applicable Date in accordance with its terms, the Company shall provide notice of such maturity date to the Holders of the Securities, with a copy to the Trustee.
Appears in 5 contracts
Samples: Merger Agreement, Indenture (NewPage Holdings Inc.), Indenture (Verso Paper Corp.)
Notice of Redemption and Maturity. Notice of redemption will be mailed by first-class mail mail, or delivered electronically if held by the Depository, at least 30 days but not more than 60 days before the redemption date to each Holder of Securities to be redeemed at his, her or its registered addressaddress (with a copy to the Trustee). Securities in denominations larger than $2,000 1,000 may be redeemed in part but only in whole multiples of $1,000 in excess of $2,0001,000. If money sufficient to pay the redemption price of and accrued and unpaid interest on all Securities (or portions thereof) to be redeemed on the redemption date is deposited with a Paying Agent on or before the redemption date and certain other conditions are satisfied, on and after such date, interest ceases to accrue on such Securities (or such portions thereof) called for redemption. Notwithstanding the Stated Maturity, this Security shall mature on the Applicable Date unless prior to such date, the Company certifies to the Trustee in an Officers’ Certificate that $100.0 million or less in principal amount of the Issuers’ 11.375% Senior Subordinated Notes due 2016 will remain outstanding on the Applicable Date. Concurrently with delivery of such Officers’ Certificate to the Trustee, the Company shall provide notice to the Holders of the Securities confirming that the Securities shall mature on the Stated Maturity of January 15, 2019. In the event that this Security shall mature on the Applicable Date in accordance with its terms, the Company shall provide notice of such maturity date to the Holders of the Securities, with a copy to the Trustee.
Appears in 1 contract
Samples: Indenture (Verso Paper Holdings LLC)
Notice of Redemption and Maturity. Notice of redemption will be mailed by first-class mail mail, or delivered electronically if held by the Depositary, at least 30 days but not more than 60 days before the redemption date to each Holder of Securities to be redeemed at his, her or its registered addressaddress (with a copy to the Trustee). Securities in denominations larger than $2,000 1,000 may be redeemed in part but only in whole multiples of $1,000 in excess of $2,0001,000. If money sufficient to pay the redemption price of and accrued and unpaid interest on all Securities (or portions thereof) to be redeemed on the redemption date is deposited with a Paying Agent on or before the redemption date and certain other conditions are satisfied, on and after such date, interest ceases to accrue on such Securities (or such portions thereof) called for redemption. Notwithstanding the Stated Maturity, this Security shall mature on the Applicable Date unless prior to such date, the Company certifies to the Trustee in an Officers’ Certificate that $100.0 million or less in principal amount of the Issuers’ 11.375% Senior Subordinated Notes due 2016 will remain outstanding on the Applicable Date. Concurrently with delivery of such Officers’ Certificate to the Trustee, the Company shall provide notice to the Holders of the Securities confirming that the Securities shall mature on the Stated Maturity of January 15, 2019. In the event that this Security shall mature on the Applicable Date in accordance with its terms, the Company shall provide notice of such maturity date to the Holders of the Securities, with a copy to the Trustee.
Appears in 1 contract
Samples: Indenture (Verso Paper Holdings LLC)