Common use of Notice of Springing Maturity Redemption Clause in Contracts

Notice of Springing Maturity Redemption. At least 15 days but not more than 45 days before any anticipated Springing Maturity Date, the Issuer shall send electronically, mail or cause to be mailed by first-class mail, postage prepaid, notice thereof to each Holder at such Holder’s registered address stated in the Note Register or otherwise in accordance with the Applicable Procedures. Such Springing Maturity Date shall be conditioned on the Springing Maturity Condition. The notice shall state: (i) The anticipated Springing Maturity Date; (ii) the aggregate amount payable in respect of the Notes on the Springing Maturity Date; (iii) the name and address of the Paying Agent; and (iv) that Notes must be surrendered to the Paying Agent to collect payment; (v) that interest shall continue to accrue to but excluding the Springing Maturity Date; and (vi) that the Springing Maturity Date is conditioned on the Springing Maturity Condition. At the Issuer’s request, the Trustee shall give the notice of anticipated Springing Maturity Date in the Issuer’s name and at its expense; provided, that the Issuer shall have delivered electronically to the Trustee, at least two Business Days (unless a shorter notice shall be agreed to by the Trustee) before such notice is required to be delivered electronically, mailed or caused to be mailed to Holders pursuant to this Section 2.14(c), an Officer’s Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in the preceding paragraph. If the Notes are listed on an exchange, for so long as the Notes are so listed and the rules of such exchange so require, the Issuer will notify the exchange of any anticipated Springing Maturity Date.

Appears in 2 contracts

Samples: Indenture (Vivint Smart Home, Inc.), Indenture (APX Group Holdings, Inc.)

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Notice of Springing Maturity Redemption. At least 15 10 days but not more than 45 60 days before any anticipated Springing Maturity Date, Trustee shall give the notice of the anticipated Springing Maturity Date, to the Holders; provided, that the Issuer shall send electronicallyhave delivered electronically to the Trustee, mail or cause at least two Business Days (unless a shorter notice shall be agreed to by the Trustee) before such notice is required to be mailed by first-class maildelivered to the Holders pursuant to this Section 2.18(c), postage prepaid, an Officer’s Certificate requesting that the Trustee give such notice thereof and setting forth the information to each Holder at such Holder’s registered address be stated in such notice as provided in the Note Register or otherwise in accordance with the Applicable Procedurespreceding paragraph. Such Springing Maturity Date shall be conditioned on the Springing Maturity Condition. The notice shall state: (i) The anticipated Springing Maturity Date; (ii) the aggregate amount payable in respect of the Notes on the Springing Maturity Date; (iii) the name and address of the Paying Agent; and; (iv) that Notes must be surrendered to the Paying Agent to collect payment; (v) that interest shall continue to accrue to but excluding the Springing Maturity Date; and (vi) that the Springing Maturity Date is conditioned on the Springing Maturity Condition. At the Issuer’s request, the Trustee shall give the notice of anticipated Springing Maturity Date in the Issuer’s name and at its expense; provided, that the Issuer shall have delivered electronically to the Trustee, at least two Business Days (unless a shorter notice shall be agreed to by the Trustee) before such notice is required to be delivered electronically, mailed or caused to be mailed to Holders pursuant to this Section 2.14(c), an Officer’s Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in the preceding paragraph. If the Notes are listed on an exchange, for so long as the Notes are so listed and the rules of such exchange so require, the Issuer will notify the exchange of any anticipated Springing Maturity Date.

Appears in 1 contract

Samples: Indenture (MICROSTRATEGY Inc)

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Notice of Springing Maturity Redemption. At least 15 days but not more than 45 days before any anticipated Springing Maturity Date, the Issuer shall send electronically, mail or cause to be mailed by first-class mail, postage prepaid, notice thereof to each Holder of Notes at such Holder’s registered address stated in the Note Register or otherwise in accordance with the Applicable Procedures. Such Springing Maturity Date shall be conditioned on the occurrence of a Springing Maturity ConditionEvent. The notice shall state: (i) The anticipated Springing Maturity Date; (ii) the aggregate amount payable in respect of the Notes on the Springing Maturity Date; (iii) the name and address of the Paying Agent; and (iv) that Notes must be surrendered to the Paying Agent to collect payment; (vvi) that interest shall continue to accrue to but excluding the Springing Maturity Date; and (vivii) that the Springing Maturity Date is conditioned on the occurrence of a Springing Maturity ConditionEvent. At the Issuer’s request, the Trustee shall give the notice of anticipated Springing Maturity Date in the Issuer’s name and at its expense; provided, that the Issuer shall have delivered electronically to the Trustee, at least two Business Days (unless a shorter notice shall be agreed to by the Trustee) before such notice is required to be delivered electronically, mailed or caused to be mailed to Holders pursuant to this Section 2.14(c), an Officer’s Certificate requesting that the Trustee give such notice and setting forth the information to be stated in such notice as provided in the preceding paragraph. If the Notes are listed on an exchange, for so long as the Notes are so listed and the rules of such exchange so require, the Issuer will notify the exchange of any anticipated Springing Maturity Date.

Appears in 1 contract

Samples: Indenture (APX Group Holdings, Inc.)

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