Common use of Notice of Redemption by the Issuer Clause in Contracts

Notice of Redemption by the Issuer. Notice of redemption pursuant to Section 10.1, if not waived in writing by a Noteholder delivered to the Trustee, shall be given by U.S. registered mail, return receipt requested, or by nationally recognized overnight private mail delivery service, postage prepaid, mailed not less than 30 days or more than 60 days prior to the applicable Redemption Date to each Holder of Notes whose Notes are to be redeemed, at its address in the Note Register. It shall be assumed for purposes of this Indenture that the Trustee can and will mail a notice of redemption 5 days after receipt of an Issuer Order to redeem Notes or a deemed election by the Issuer to redeem Notes. All notices of redemption shall state: (1) the Redemption Date; (2) the principal amount of Notes to be redeemed; (3) a pro forma Redemption Price for each Note redeemed, calculated as of the date of the notice of redemption; (4) that on the Redemption Date, the Redemption Price shall become due and payable upon each Note called for redemption, and that interest thereon shall cease to accrue on such date; and (5) the place where such Notes to be redeemed are to be surrendered on or within 30 days after the Redemption Date, which shall be the office or agency of the Issuer to be maintained as provided in Section 11.2.

Appears in 1 contract

Samples: Indenture (Iconix Brand Group, Inc.)

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Notice of Redemption by the Issuer. Notice of redemption pursuant to Section 10.1, if not waived in writing by a Noteholder delivered to the Trustee, 10.01 shall be given by U.S. registered first-class mail, return receipt requested, or by nationally recognized overnight private mail delivery service, postage prepaid, mailed not less than 30 days or more than 60 ten days prior to the applicable Redemption Date to each Holder of Notes whose Notes are to be redeemed, at its his address in the Note Register. It shall be assumed for purposes of this Indenture that the Trustee can and will mail a notice of redemption 5 days after receipt of an Issuer Order to redeem Notes or a deemed election by the Issuer to redeem Notes. All notices of redemption shall state: (1a) the Redemption Date; (2b) the principal amount Redemption Price to be paid to each Class of Notes to be redeemed; (3) a pro forma Redemption Price for each Note redeemed, calculated as of the date of the notice of redemption; (4) that on the Redemption Date, and the fact that, on the Redemption Date, payment of the Redemption Price shall become due and payable upon redeem each Note called for redemption, and Class of the Notes in full; (c) that interest thereon payment of the Redemption Price shall cease to accrue be the final payment on such dateeach Class of Notes; and (5d) the place where such each Class of Notes to be redeemed are to be surrendered on or within 30 days after for payment of the Redemption DatePrice, which shall be the office or agency of the Issuer to be maintained as provided in Section 11.29.01. Notice of redemption of each Class of Notes shall be given by the Issuer or, at the Issuer's request, by the Indenture Trustee in the name and at the expense of the Issuer. Failure to give notice of redemption, or any defect therein, to any Holder shall not impair or affect the validity of the redemption of any Notes of any Class.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Commercial Assets Inc)

Notice of Redemption by the Issuer. Notice Upon receipt of such notice and such deposit set forth in Section 10.02 above, the Trustee shall provide notice of redemption pursuant to Section 10.1, if not waived in writing 10.01 hereof by a Noteholder delivered to the Trustee, shall be given by U.S. registered first-class mail, return receipt requested, or by nationally recognized overnight private mail delivery service, postage prepaid, mailed not less no later than 30 days or more than 60 days prior to the applicable Redemption Business Day following the Calculation Date on which such deposit was made, to each Holder of Notes whose Notes are to be redeemed, at its his address in the Note Register. It shall be assumed for purposes of this Indenture that the Trustee can and will mail a notice of redemption 5 days after receipt of an Issuer Order to redeem Notes or a deemed election by the Issuer to redeem Notes. All notices of redemption shall state: (1) the Redemption Date; (2) the principal amount of Notes to be redeemed;Redemption Price; and (3) a pro forma Redemption Price for each Note redeemed, calculated as of the date of the notice of redemption; (4) that on the Redemption Date, the Redemption Price shall will become due and payable upon each Note called for redemptionsuch Note, and that interest thereon shall cease to accrue on the Redemption Date if the Redemption Price is paid on such date; and (5) the place where such . Notice of redemption of Notes to be redeemed are to be surrendered on or within 30 days after the Redemption Date, which shall be given by the office or agency Trustee in the name and at the expense of the Issuer Issuer. Failure to be maintained as provided in Section 11.2give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.

Appears in 1 contract

Samples: Indenture (Trendwest Resorts Inc)

Notice of Redemption by the Issuer. Notice Upon receipt of such notice and such deposit set forth in Section 10.02 above, the Indenture Trustee shall provide notice of redemption pursuant to Section 10.1, if not waived in writing 10.01 hereof by a Noteholder delivered to the Trustee, shall be given by U.S. registered first-class mail, return receipt requested, or by nationally recognized overnight private mail delivery service, postage prepaid, mailed not less no later than 30 days or more than 60 days prior to the applicable Redemption Date Business Day following the date on which such deposit was made, to each Holder of Notes whose Notes are to be redeemed, at its his address in the Note Register. It shall be assumed for purposes of this Indenture that the Trustee can and will mail a notice of redemption 5 days after receipt of an Issuer Order to redeem Notes or a deemed election by the Issuer to redeem Notes. All notices of redemption shall state: (1a) the applicable Redemption Date; (2b) the principal amount of Notes to be redeemed;applicable Redemption Price; and (3) a pro forma Redemption Price for each Note redeemed, calculated as of the date of the notice of redemption; (4c) that on the such Redemption Date, the Redemption Price shall will become due and payable upon each such Note called for redemptionin the related Series, and that interest thereon shall cease to accrue on such date; and (5) the place where such . Notice of redemption of a Series of Notes to be redeemed are to be surrendered on or within 30 days after the Redemption Date, which shall be given by the office or agency Indenture Trustee in the name and at the expense of the Issuer or the Note Insurer, as applicable. Failure to be maintained as provided in Section 11.2give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.

Appears in 1 contract

Samples: Indenture (Microfinancial Inc)

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Notice of Redemption by the Issuer. Notice Upon receipt of such notice and such deposit set forth in Section 10.02 hereof, the Trustee shall provide notice of redemption pursuant to Section 10.1, if not waived in writing 10.01 hereof by a Noteholder delivered to the Trustee, shall be given by U.S. registered mail, return receipt requested, or by nationally recognized overnight private mail delivery servicecourier, postage prepaid, mailed not less no later than 30 days or more than 60 days prior to the applicable Redemption Date Business Day following the date on which such deposit was made, (i) to each Holder of Notes whose Notes are to be redeemedlisted on the -67- Indenture Note Register as of the Redemption Record Date, at its such Holder's address as listed in the Note Register. It shall be assumed for purposes of this Indenture that Register and (ii) to the Trustee can and will mail a notice of redemption 5 days after receipt of an Issuer Order to redeem Notes or a deemed election by the Issuer to redeem NotesNote Insurer. All notices of redemption shall state: (1a) the applicable Redemption Date; (2b) the principal amount of Notes to be redeemedapplicable Redemption Price; (3c) a pro forma the applicable Redemption Price for each Note redeemed, calculated as of the date of the notice of redemptionRecord Date; (4d) that on the such Redemption Date, the Redemption Price shall will become due and payable upon each Note called for redemptionsuch Note, and that interest thereon shall cease to accrue on such date; and (5e) that the place where such Notes to be redeemed are to must be surrendered on or within 30 days after the Redemption Date, which in accordance with Section 2.08(c) hereof. Notice of redemption of Notes shall be given by the office or agency Trustee in the name and at the expense of the Issuer Issuer. Failure to be maintained as provided in Section 11.2give notice of redemption, or any defect therein, to any Holder of any Note selected for redemption shall not impair or affect the validity of the redemption of any other Note.

Appears in 1 contract

Samples: Indenture (Financial Pacific Co)

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