Common use of Notice of Redemption to Noteholders Clause in Contracts

Notice of Redemption to Noteholders. In the case of an Optional Redemption, upon receipt of the Optional Redemption notice set forth in Section 11.02(a), the Trustee shall provide notice thereof with a copy of such notice of redemption pursuant to Section 11.01 by first class mail or courier delivery, dispatched no later than five (5) Business Days following the date on which such notice was provided, to each Noteholder (at its address in the Note Register). In the case of the Auction Call Redemption, the Trustee shall, as soon as reasonably practical after award to the Winning Bidder at the Auction and, in any event, prior to the Redemption Date, provide notice thereof by first class mail or courier delivery to each Noteholder (at its address in the Note Register). All notices of redemption shall state: (a) the Redemption Date; (b) the amount that will be deposited in the Collection Account, which shall be at least the sum of (A) the Redemption Price plus (B) all other amounts that are payable to the Noteholders, the Trustee (including any expenses related to the Auction Call Redemption), the Transferor, the Custodian, the Back-up Servicer, and the Servicer under the Transaction Documents on the Redemption Date; (c) that on the Redemption Date, the Redemption Price will become due and payable with respect to the Notes, and that interest on all Outstanding Notes shall cease to accrue on such date; (d) all conditions precedent in connection with such redemption have been satisfied; (e) the address at which such redeemed Notes shall be delivered; and (f) the record date for such Redemption Date, which shall be one Business Day before the Redemption Date. Notice of redemption of Notes shall be given by the Trustee in the name and at the expense of the Issuer.

Appears in 2 contracts

Samples: Indenture (LEAF Equipment Finance Fund 4, L.P.), Indenture (LEAF Equipment Finance Fund 4, L.P.)

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Notice of Redemption to Noteholders. In the case Notice of an Optional Redemption, upon receipt of the Optional Redemption notice set forth in Section 11.02(a), the Trustee shall provide notice thereof with a copy of such notice of ----------------------------------- redemption or purchase pursuant to Section 11.01 6.01 or 6.02 shall be given by first first- class mail or courier deliverymail, dispatched no later postage prepaid, mailed not less than five (5) Business Days following the date on which such notice was provided, to each Noteholder (at its address in the Note Register). In the case of the Auction Call Redemption, the Trustee shall, as soon as reasonably practical after award to the Winning Bidder at the Auction and, in any event, 26 nor more than 60 days prior to the Redemption Date, provide notice thereof by first class mail or courier delivery to each Noteholder (of Equipment Notes to be redeemed or purchased, at its such Noteholder's address appearing in the Note Register; provided, -------- that such notice shall become irrevocable 26 days prior to the applicable Redemption Date; provided that, in the case of a redemption pursuant to Section -------- 6.01(b) (i) related to Lessee's exercise of its option pursuant to Section 9(b) of the Lease, such notice shall be revocable and shall be deemed revoked in the event the Lease does not in fact terminate on the related Lease Termination Date. All notices of redemption shall state: (a1) the Redemption Date;, (b2) the amount that will be deposited in the Collection Account, which shall be at least the sum of (A) applicable basis for determining the Redemption Price plus (B) all other amounts that are payable to the Noteholders, the Trustee (including any expenses related to the Auction Call Redemption), the Transferor, the Custodian, the Back-up Servicer, and the Servicer under the Transaction Documents on the Redemption Date;Price, (c3) that on the Redemption Date, the Redemption Price will become due and payable with respect to the Notesupon each such Equipment Note, and that interest on all Outstanding Equipment Notes shall cease to accrue on such date; (d) all conditions precedent in connection with such redemption have been satisfied; (e) the address at which such redeemed Notes shall be delivered; and (f) the record date for and after such Redemption Date, (4) an estimate of the amount of Make-Whole Amount (on and after the Refinancing Date only), which shall if any, and premium (prior to the Refinancing Date only), if any, that will be one Business Day before payable with respect to such redemption, and [First Amended and Restated Trust Indenture and Security Agreement (1989 I)] (5) the place or places where such Equipment Notes are to be surrendered for payment of the Redemption DatePrice. Notice of redemption or purchase of Equipment Notes to be redeemed or purchased shall be given by the Trustee in the name and at the expense of the IssuerIndenture Trustee.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (United Air Lines Inc)

Notice of Redemption to Noteholders. In the case of an Optional Redemption or a Mandatory Redemption, upon receipt of the Optional Redemption notice set forth in Section 11.02(a), the Trustee shall provide notice thereof with a copy of such notice of redemption pursuant to Section 11.01 by first class mail or courier delivery, dispatched no later than five two (52) Business Days following the date on which such notice was provided, to each Noteholder (at its address in the Note Register). In the case of the Auction Call Redemption, the Trustee shall, as soon as reasonably practical after award to the Winning Bidder at the Auction and, in any event, prior to the Redemption Date, provide notice thereof by first class mail or courier delivery to each Noteholder (at its address in the Note Register). All notices of redemption shall state: (a) the Redemption Date; (b) the amount that will be deposited in the Collection Account, which shall be at least the sum of (A) the Redemption Price plus (B) all other amounts that are payable to the Noteholders, the Trustee (including any expenses related to the Auction Call Redemption), the TransferorSeller , the Custodian, the Back-up Servicer, the Administrative Agent, each Hedge Provider (if any) and the Servicer under the Transaction Documents on the Redemption Date; (c) that on the Redemption Date, the Redemption Price will become due and payable with respect to the Notes, and that interest on all Outstanding Notes shall cease to accrue on such date; (d) all conditions precedent in connection with such redemption have been satisfied; (e) the address at which such redeemed Notes shall be delivered; and (f) the record date for such Redemption Date, which shall be one Business Day before the Redemption Date. Notice of redemption of Notes shall be given by the Trustee in the name and at the expense of the Issuer.

Appears in 1 contract

Samples: Indenture (Resource America, Inc.)

Notice of Redemption to Noteholders. In the case of an Optional Redemption or a Mandatory Redemption, upon receipt of the Optional Redemption notice set forth in Section 11.02(a), the Trustee shall provide notice thereof with a copy of such notice of redemption pursuant to Section 11.01 by first class mail or courier delivery, dispatched no later than five two (52) Business Days following the date on which such notice was provided, to each Noteholder (at its address in the Note Register). In the case of the Auction Call Redemption, the Trustee shall, as soon as reasonably practical after award to the Winning Bidder at the Auction and, in any event, prior to the Redemption Date, provide notice thereof by first class mail or courier delivery to each Noteholder (at its address in the Note Register). All notices of redemption shall state: (a) the Redemption Date; (b) the amount that will be deposited in the Collection Account, which shall be at least the sum of (A) the Redemption Price plus (B) all other amounts that are payable to the Noteholders, the Trustee (including any expenses related to the Auction Call Redemption), the TransferorOriginator, the Custodian, the Back-up Servicer, the Administrative Agent, each Hedge counterparty (if any) and the Servicer under the Transaction Documents on the Redemption Date; (c) that on the Redemption Date, the Redemption Price will become due and payable with respect to the Notes, and that interest on all Outstanding Notes shall cease to accrue on such date; (d) all conditions precedent in connection with such redemption have been satisfied; (e) the address at which such redeemed Notes shall be delivered; and (f) the record date for such Redemption Date, which shall be one Business Day before the Redemption Date. Notice of redemption of Notes shall be given by the Trustee in the name and at the expense of the Issuer.

Appears in 1 contract

Samples: Indenture (Resource America, Inc.)

Notice of Redemption to Noteholders. In the case of an Optional Redemption, upon Upon receipt of the Optional Redemption notice set forth in Section 11.02(a), the Trustee shall provide notice thereof with a copy of such notice of redemption pursuant to Section 11.01 by first class mail or courier delivery, dispatched no later than five (5) Business Days following the date on which such notice was provided, to each Noteholder (at its address in the Note Register). In the case of the Auction Call Redemption, the Trustee shall, as soon as reasonably practical after award to the Winning Bidder at the Auction and, in any event, prior to the Redemption Date, provide notice thereof by first class mail or courier delivery to each Noteholder (at its address in the Note Register). All notices of redemption shall state: (a) the Redemption Date; (b) the amount that will be deposited in the Collection Account, which shall be at least the sum of (A) the Redemption Price plus (B) all other amounts that are payable to the Noteholders, the Trustee (including any expenses related to the Auction Call Redemption), the TransferorTrustee, the Custodian, the Back-up Back‑up Servicer, and the Servicer under the Transaction Documents on the Redemption Date; (c) that on the Redemption Date, the Redemption Price will become due and payable with respect to the Notes, and that interest on all Outstanding Notes shall cease to accrue on such date; (d) all conditions precedent in connection with such redemption have been satisfied; (e) the address at which such redeemed Notes shall be delivered; and (f) the record date for such Redemption Date, which shall be one Business Day before the Redemption Date. Notice of redemption of Notes shall be given by the Trustee in the name and at the expense of the Issuer.

Appears in 1 contract

Samples: Indenture (NewStar Financial, Inc.)

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Notice of Redemption to Noteholders. In the case of an Optional Redemption or a Mandatory Redemption, upon receipt of the Optional Redemption notice set forth in Section 11.02(a), the Trustee shall provide notice thereof with a copy of such notice of redemption pursuant to Section 11.01 by first class mail or courier delivery, dispatched no later than five (5) Business Days following the date on which such notice was provided, to each Noteholder (at its address in the Note Register). In the case of the Auction Call Redemption, the Trustee shall, as soon as reasonably practical after award to the Winning Bidder at the Auction and, in any event, prior to the Redemption Date, provide notice thereof by first class mail or courier delivery to each Noteholder (at its address in the Note Register). All notices of redemption shall state: (a) the Redemption Date; (b) the amount that will be deposited in the Collection Account, which shall be at least the sum of (A) the Redemption Price plus (B) all other amounts that are payable to the Noteholders, the Trustee (including any expenses related to the Auction Call Redemption)Trustee, the TransferorOriginator, the Custodian, the Back-up Servicer, and the Servicer under the Transaction Documents on the Redemption Date; (c) that on the Redemption Date, the Redemption Price will become due and payable with respect to the Notes, and that interest on all Outstanding Notes shall cease to accrue on such date; (d) all conditions precedent in connection with such redemption have been satisfied; (e) the address at which such redeemed Notes shall be delivered; and (f) the record date for such Redemption Date, which shall be one Business Day before the Redemption Date. Notice of redemption of Notes shall be given by the Trustee in the name and at the expense of the Issuer.

Appears in 1 contract

Samples: Indenture (Resource America, Inc.)

Notice of Redemption to Noteholders. In the case of an Optional Redemption, upon Upon receipt of the Optional Redemption notice set forth in Section 11.02(a), the Trustee shall provide notice thereof with a copy of such notice of redemption pursuant to Section 11.01 by first class mail or courier delivery, dispatched no later than five (5) Business Days following the date on which such notice was provided, to each Noteholder (at its address in the Note Register). In the case of the Auction Call Redemption, the Trustee shall, as soon as reasonably practical after award to the Winning Bidder at the Auction and, in any event, prior to the Redemption Date, provide notice thereof by first class mail or courier delivery to each Noteholder (at its address in the Note Register). All notices of redemption shall state: (a) the Redemption Date; (b) the amount that will be deposited in the Collection Account, which shall be at least the sum of (A) the Redemption Price plus (B) all other amounts that are payable to the Noteholders, the Trustee (including any expenses related to the Auction Call Redemption)Trustee, the TransferorPartnership, the Custodian, the Back-up Servicer, and the Servicer under the Transaction Documents on the Redemption Date; (c) that on the Redemption Date, the Redemption Price will become due and payable with respect to the Notes, and that interest on all Outstanding Notes shall cease to accrue on such date; (d) all conditions precedent in connection with such redemption have been satisfied; (e) the address at which such redeemed Notes shall be delivered; and (f) the record date for such Redemption Date, which shall be one Business Day before the Redemption Date. Notice of redemption of Notes shall be given by the Trustee in the name and at the expense of the Issuer.

Appears in 1 contract

Samples: Indenture (LEAF Equipment Finance Fund 4, L.P.)

Notice of Redemption to Noteholders. In the case of an Optional Redemption, upon receipt of the Optional Redemption notice set forth in Section 11.02(a), the Trustee shall provide notice thereof with a copy of such notice Notice of redemption or purchase pursuant to Section 11.01 6.01 or 6.02 shall be given by first first-class mail or courier deliverymail, dispatched no later postage prepaid, mailed not less than five (5) Business Days following the date on which such notice was provided, to each Noteholder (at its address in the Note Register). In the case of the Auction Call Redemption, the Trustee shall, as soon as reasonably practical after award to the Winning Bidder at the Auction and, in any event, 26 nor more than 60 days prior to the Redemption Date, provide notice thereof by first class mail or courier delivery to each Noteholder (of Equipment Notes to be redeemed or purchased, at its such Noteholder's address appearing in the Note Register; provided, that such notice shall become irrevocable 26 days prior to the applicable Redemption Date; provided that, in the case of a redemption pursuant to Section 6.01(b) (i) related to Lessee's exercise of its option pursuant to Section 9(b) of the Lease, such notice shall be revocable and shall be deemed revoked in the event the Lease does not in fact terminate on the related Lease Termination Date. All notices of redemption shall state: (a1) the Redemption Date;, (b2) the amount that will be deposited in the Collection Account, which shall be at least the sum of (A) applicable basis for determining the Redemption Price plus (B) all other amounts that are payable to the Noteholders, the Trustee (including any expenses related to the Auction Call Redemption), the Transferor, the Custodian, the Back-up Servicer, and the Servicer under the Transaction Documents on the Redemption Date;Price, (c3) that on the Redemption Date, the Redemption Price will become due and payable with respect to the Notesupon each such Equipment Note, and that interest on all Outstanding Equipment Notes shall cease to accrue on and after such date;Redemption Date, (d4) all conditions precedent in connection an estimate of the amount of Break Amount, if any, and/or Make-Whole Amount, if any, that will be payable with respect to such redemption have been satisfied; (e) the address at which such redeemed Notes shall be delivered; redemption, and (f5) the record date place or places where such Equipment Notes are to be surrendered for such Redemption Date, which shall be one Business Day before payment of the Redemption DatePrice. Notice of redemption or purchase of Equipment Notes to be redeemed or purchased shall be given by the Trustee in the name and at the expense of the IssuerIndenture Trustee.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (United Air Lines Inc)

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