Common use of NOTICES OF REDEMPTION Clause in Contracts

NOTICES OF REDEMPTION. Notices of redemption shall be mailed by first-class mail at least 30 (unless a shorter notice is acceptable to the Trustee) days but not more than 60 days before the Redemption Date to each Holder of Notes to be redeemed at its registered address all in accordance with the Indenture. Any notice to Holders of Notes of a redemption will state, among other things, the redemption price (or how the redemption price will be calculated if not a fixed amount or subject to change) and date. A notice of redemption may provide that the optional redemption described in such notice is conditioned upon the occurrence of certain events before the Redemption Date. Such notice of conditional redemption will be of no effect unless all such conditions to the redemption have occurred before the Redemption Date or have been waived the Company. If any of such events fail to occur and are not waived by the Company, the Company shall be under no obligation to redeem the Notes or pay the Holders any redemption proceeds and the Company’s failure to redeem the Notes shall not be considered a default or an Event of Default. If less than all of the Notes are to be redeemed at any time (other than pursuant to paragraph 5 above) the particular Notes to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the outstanding Notes not previously called for redemption, consistent with the procedures of DTC. On and after the Redemption Date, interest ceases to accrue on Notes or portions of them called for redemption.

Appears in 3 contracts

Samples: Indenture (MGM Resorts International), Indenture (MGM Resorts International), Indenture (MGM Resorts International)

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NOTICES OF REDEMPTION. Notices of redemption shall be mailed by first-class mail at least 30 (unless a shorter notice is acceptable to the Trustee) days but not more than 60 days before the Redemption Date to each Holder of Series C Notes to be redeemed at its registered address all in accordance with the Indenture. Any notice to Holders of Notes of a redemption will state, among other things, the redemption price (or how the redemption price will be calculated if not a fixed amount or subject to change) and date. A Each notice of redemption may provide that shall identify the optional redemption described in Series C Notes to be redeemed (including CUSIP number) and shall state such notice is conditioned upon election on the occurrence part of certain events before the Redemption Date. Such notice of conditional redemption will be of no effect unless all such conditions to the redemption have occurred before the Redemption Date or have been waived the Company. If any of such events fail to occur and are not waived by the Company, the Company shall Redemption Date and place of payment of the Series C Notes to be under no obligation to redeem the Notes or pay the Holders any redemption proceeds redeemed and the Company’s failure Redemption Price and that the Series C Notes designated in such notice for redemption are required to redeem be presented on or after such Redemption Date and at such place for payment and that interest to the Redemption Date on the Series C Notes and portions of Series C Notes called for redemption will be paid as specified in said notice and shall not be considered a default or an Event of Defaultcease to accrue thereon on such date. If less than all of the outstanding Series C Notes are to be redeemed at any time (other than pursuant to paragraph 5 above) redeemed, the particular Notes to be redeemed notice shall be selected not more than 60 days prior to also designate the Redemption Date by the Trustee, from the outstanding Notes not previously called for redemption, consistent with the procedures of DTC. On and after the Redemption Date, interest ceases to accrue on Series C Notes or portions of them called for redemptionSeries C Notes that are to be redeemed. If any Series C Note is to be redeemed in part only, the notice shall also state that upon presentation of such Series C Note on or after the redemption date at said place, such Series C Note will be cancelled and a new Series C Note or Series C Notes, in an aggregate principal amount equal to the unredeemed portion of such Series C Note will be issued and delivered without charge to the holder.

Appears in 2 contracts

Samples: Security and Pledge Agreement (Flag Telecom Holdings LTD), Security and Pledge Agreement (Flag Telecom Holdings LTD)

NOTICES OF REDEMPTION. Notices of redemption shall be mailed by first-class mail or otherwise delivered at least 30 (unless a shorter notice is acceptable to the Trustee) days but not more than 60 days before the Redemption Date to each Holder of Notes to be redeemed at its registered address all in accordance with the Indenture. Any notice to Holders of Notes of a redemption will state, among other things, the redemption price (or how the redemption price will be calculated if not a fixed amount or subject to change) and date. A notice of redemption may provide that the optional redemption described in such notice is conditioned upon the occurrence of certain events before the Redemption Date. Such notice of conditional redemption will be of no effect unless all such conditions to the redemption have occurred before the Redemption Date or have been waived the Company. If any of such events fail to occur and are not waived by the Company, the Company shall be under no obligation to redeem the Notes or pay the Holders any redemption proceeds and the Company’s failure to redeem the Notes shall not be considered a default or an Event of Default. If less than all of the Notes are to be redeemed at any time (other than pursuant to paragraph 5 above) the particular Notes to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the outstanding Notes not previously called for redemption, consistent with the procedures of DTC. On and after the Redemption Date, interest ceases to accrue on Notes or portions of them called for redemption.

Appears in 2 contracts

Samples: Indenture (MGM Resorts International), MGM Resorts International

NOTICES OF REDEMPTION. Notices of redemption shall be mailed by first-class mail at least 30 (unless a shorter notice is acceptable to the Trustee) days but not more than 60 days before the Redemption Date to each Holder of Series A Notes to be redeemed at its registered address all in accordance with the Indenture. Any notice to Holders of Notes of a redemption will state, among other things, the redemption price (or how the redemption price will be calculated if not a fixed amount or subject to change) and date. A Each notice of redemption may provide that shall identify the optional redemption described in Series A Notes to be redeemed (including CUSIP number) and shall state such notice is conditioned upon election on the occurrence part of certain events before the Redemption Date. Such notice of conditional redemption will be of no effect unless all such conditions to the redemption have occurred before the Redemption Date or have been waived the Company. If any of such events fail to occur and are not waived by the Company, the Company shall Redemption Date and place of payment of the Series A Notes to be under no obligation to redeem the Notes or pay the Holders any redemption proceeds redeemed and the Company’s failure Redemption Price and that the Series A Notes designated in such notice for redemption are required to redeem be presented on or after such Redemption Date and at such place for payment and that interest to the Redemption Date on the Series A Notes and portions of Series A Notes called for redemption will be paid as specified in said notice and shall not be considered a default or an Event of Defaultcease to accrue thereon on such date. If less than all of the outstanding Series A Notes are to be redeemed at any time (other than pursuant to paragraph 5 above) redeemed, the particular Notes to be redeemed notice shall be selected not more than 60 days prior to also designate the Redemption Date by the Trustee, from the outstanding Notes not previously called for redemption, consistent with the procedures of DTC. On and after the Redemption Date, interest ceases to accrue on Series A Notes or portions of them called for redemptionSeries A Notes that are to be redeemed. If any Series A Note is to be redeemed in part only, the notice shall also state that upon presentation of such Series A Note on or after the redemption date at said place, such Series A Note will be cancelled and a new Series A Note or Series A Notes, in an aggregate principal amount equal to the unredeemed portion of such Series A Note will be issued and delivered without charge to the holder.

Appears in 2 contracts

Samples: Security and Pledge Agreement (Flag Telecom Holdings LTD), Security and Pledge Agreement (Flag Telecom Holdings LTD)

NOTICES OF REDEMPTION. Notices of redemption shall be mailed by first-class mail at least 30 (unless a shorter notice is acceptable to the Trustee) days but not more than 60 days before the Redemption Date to each Holder of Series B Notes to be redeemed at its registered address all in accordance with the Indenture. Any notice to Holders of Notes of a redemption will state, among other things, the redemption price (or how the redemption price will be calculated if not a fixed amount or subject to change) and date. A Each notice of redemption may provide that shall identify the optional redemption described in Series B Notes to be redeemed (including CUSIP number) and shall state such notice is conditioned upon election on the occurrence part of certain events before the Redemption Date. Such notice of conditional redemption will be of no effect unless all such conditions to the redemption have occurred before the Redemption Date or have been waived the Company. If any of such events fail to occur and are not waived by the Company, the Company shall Redemption Date and place of payment of the Series B Notes to be under no obligation to redeem the Notes or pay the Holders any redemption proceeds redeemed and the Company’s failure Redemption Price and that the Series B Notes designated in such notice for redemption are required to redeem be presented on or after such Redemption Date and at such place for payment and that interest to the Redemption Date on the Series B Notes and portions of Series B Notes called for redemption will be paid as specified in said notice and shall not be considered a default or an Event of Defaultcease to accrue thereon on such date. If less than all of the outstanding Series B Notes are to be redeemed at any time (other than pursuant to paragraph 5 above) redeemed, the particular Notes to be redeemed notice shall be selected not more than 60 days prior to also designate the Redemption Date by the Trustee, from the outstanding Notes not previously called for redemption, consistent with the procedures of DTC. On and after the Redemption Date, interest ceases to accrue on Series B Notes or portions of them called for redemptionSeries B Notes that are to be redeemed. If any Series B Note is to be redeemed in part only, the notice shall also state that upon presentation of such Series B Note on or after the redemption date at said place, such Series B Note will be cancelled and a new Series B Note or Series B Notes, in an aggregate principal amount equal to the unredeemed portion of such Series B Note will be issued and delivered without charge to the holder.

Appears in 2 contracts

Samples: Security and Pledge Agreement (Flag Telecom Holdings LTD), Security and Pledge Agreement (Flag Telecom Holdings LTD)

NOTICES OF REDEMPTION. Notices of redemption shall be mailed by first-class mail delivered at least 30 (unless a shorter notice is acceptable to the Trustee) 15 days but not more than 60 days before the Redemption Date to each Holder of Notes to be redeemed at its registered address all in accordance with the Indenture. Any notice to Holders of Notes of a redemption will shall state, among other things, the redemption price (or how the redemption price will shall be calculated if not a fixed amount or subject to change) and date. A notice of redemption may provide that the optional redemption described in such notice is conditioned upon the occurrence of certain events before the Redemption Date. Such notice of conditional redemption will shall be of no effect unless all such conditions to the redemption have occurred before the Redemption Date or have been waived the Company. If any of such events fail to occur and are not waived by the Company, the Company shall be under no obligation to redeem the Notes or pay the Holders any redemption proceeds and the Company’s failure to redeem the Notes shall not be considered a default or an Event of Default. If less than all of the Notes are to be redeemed at any time (other than pursuant to paragraph 5 above) the particular Notes to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the outstanding Outstanding Notes not previously called for redemption, consistent with the procedures of DTC. On and after the Redemption Date, interest ceases to accrue on Notes or portions of them called for redemption.

Appears in 2 contracts

Samples: Supplemental Indenture (Arrow Electronics Inc), First Supplemental Indenture (Arrow Electronics Inc)

NOTICES OF REDEMPTION. Notices The election of the Company to redeem any Securities of any series shall be evidenced by or pursuant to a Board Resolution. If the Company shall elect to redeem the Securities of any series in whole or in part as aforesaid, it shall fix a date for redemption and give notice pursuant to Section 1.02 of its election so to redeem at least 30 days prior to the redemption date. Such notice shall be sufficiently given to Holders of Bearer Securities if published in an Authorized Newspaper in The City of New York and, if the Securities of such series are then listed on any stock exchange and such stock exchange shall so require, in any other required city outside the United States, or, if not practicable, elsewhere in Europe on a Business Day at least twice, the first such publication to be not earlier than the earliest date, and not later than the latest date, prescribed for the giving of such notice. Each notice of redemption shall be mailed by first-class mail at least 30 (unless a shorter notice is acceptable to state such election on the Trustee) days but not more than 60 days before the Redemption Date to each Holder part of Notes to be redeemed at its registered address all in accordance with the Indenture. Any notice to Holders of Notes of a redemption will state, among other things, the redemption price (or how the redemption price will be calculated if not a fixed amount or subject to change) and date. A notice of redemption may provide that the optional redemption described in such notice is conditioned upon the occurrence of certain events before the Redemption Date. Such notice of conditional redemption will be of no effect unless all such conditions to the redemption have occurred before the Redemption Date or have been waived the Company. If any of such events fail to occur and are not waived by the Company, the Company shall Redemption Date and place of payment of the Securities, together in the case of Bearer Securities with all remaining Coupons appertaining thereto, if any, to be under no obligation to redeem the Notes or pay the Holders any redemption proceeds redeemed and the Company’s failure Redemption Price and that the Securities designated in such notice for redemption are required to redeem be presented on or after such Redemption Date, together in the Notes case of Bearer Securities with all remaining Coupons appertaining thereto, if any, and at such place for payment and that interest to the Redemption Date on the Securities and portions of Securities called for redemption will be paid as specified in said notice and shall not be considered a default or an Event of Defaultcease to accrue thereon on such date. If less than all the outstanding Securities of the Notes a series are to be redeemed, the notice shall also designate the Securities or portions of Securities that are to be redeemed. If any Security is to be redeemed in part only, the notice shall also state that upon presentation of such Security on or after the Redemption Date at any time (other than pursuant said place, such Security will be cancelled and a new Security or Securities of the same series, in an aggregate principal amount equal to paragraph 5 above) the particular Notes unredeemed portion of such Security, will be issued and delivered without charge to the Holder; provided, however, that if a Global Security is so cancelled, the new Global Security will be in an aggregate principal amount equal to the unredeemed portion of the Global Security so cancelled. Notice of redemption having been so given, the Securities and portions of Securities to be redeemed shall on the Redemption Date specified in such notice become due and payable at the applicable Redemption Price, together with interest accrued thereon to the Redemption Date, and from and after the Redemption Date so specified (unless the Company shall default in the payment of the Redemption Price of such Securities or any such accrued interest), interest on such Securities and portions of Securities shall cease to accrue, and the Coupons for such interest appertaining to any Bearer Securities so to be selected not more than 60 days redeemed, except to the extent provided below, shall be void, and upon presentation of such Securities, together in the case of Bearer Securities with all remaining Coupons appertaining thereto, if any, at said place of payment and redemption in accordance with said notice, such Securities and portions of Securities shall be paid by the Company at the applicable Redemption Price, together with interest accrued to the Redemption Date; provided that the installment of interest on Registered Securities whose Stated Maturity is on the Redemption Date shall be payable to the Holders of such Securities registered as such at the close of business on the applicable Record Date, subject to the provisions of Section 2.01 and provided further, that installments of interest on Bearer Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable only at an office or agency located outside the United States and, unless otherwise specified as contemplated by the TrusteeSection 2.02, from the outstanding Notes only upon presentation and surrender of Coupons for such interest. If any Bearer Security surrendered for redemption shall not previously called for redemption, consistent with the procedures of DTC. On and be accompanied by all appurtenant Coupons maturing after the Redemption Date, interest ceases such Security may be paid after deducting from the Redemption Price an amount equal to accrue on Notes the face amount of all such missing Coupons, or portions the surrender of such missing Coupon or Coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them called for redemption.and any paying agent harmless. If thereafter the Securityholder of such Security shall surrender to the Trustee or any paying agent any such missing Coupon in respect of which a deduction shall have been made from the Redemption Price, such Securityholder shall be entitled to receive the amount so deducted; provided, however, that interest represented by Coupons shall be payable only at an office or agency located outside the United States and its possessions and, unless otherwise specified as contemplated by Section 2.02, only upon presentation and surrender of those Coupons, and provided further, that if the interest on such Coupons is calculated on a floating interest rate, all Coupons

Appears in 1 contract

Samples: Citigroup Capital Ix

NOTICES OF REDEMPTION. Notices of redemption shall be mailed by first-class mail at least 30 (unless a shorter notice is acceptable to the Trustee) days but not more than 60 days before the Redemption Date to each Holder of Series B Notes to be redeemed at its registered address all in accordance with the Indenture. Any notice to Holders of Notes of a redemption will state, among other things, the redemption price (or how the redemption price will be calculated if not a fixed amount or subject to change) and date. A Each notice of redemption may provide that shall identify the optional redemption described in Series B Notes to be redeemed (including CUSIP number) and shall state such notice is conditioned upon election on the occurrence part of certain events before the Redemption Date. Such notice of conditional redemption will be of no effect unless all such conditions to the redemption have occurred before the Redemption Date or have been waived the Company. If any of such events fail to occur and are not waived by the Company, the Company shall Redemption Date and place of payment of the Series B Notes to be under no obligation to redeem the Notes or pay the Holders any redemption proceeds redeemed and the Company’s failure Redemption Price and that the Series B Notes designated in such notice for redemption are required to redeem be presented on or after such Redemption Date and at such place for payment and that interest to the Redemption Date on the Series B Notes and portions of Series B Notes called for redemption will be paid as specified in said notice and shall not be considered a default or an Event of Defaultcease to accrue thereon on such date. If less than all of the outstanding Series B Notes are to be redeemed at redeemed, the notice shall also designate the Series B Notes or portions of Series B Notes that are to be redeemed. If any time (other than pursuant to paragraph 5 above) the particular Notes Series B Note is to be redeemed in part only, the notice shall also state that upon presentation of such Series B Note on or after the redemption date at said place, such Series B Note will be selected not more than 60 days prior cancelled B-5 and a new Series B Note or Series B Notes, in an aggregate principal amount equal to the Redemption Date by unredeemed portion of such Series B Note will be issued and delivered without charge to the Trustee, from the outstanding Notes not previously called for redemption, consistent with the procedures of DTCholder. On and after the Redemption Date, interest ceases to accrue on Series B Notes or portions of them called for redemption.

Appears in 1 contract

Samples: Security and Pledge Agreement (Flag Telecom Holdings LTD)

NOTICES OF REDEMPTION. Notices (a) In case the Company shall desire to exercise such right to redeem all or, as the case may be, a portion of the Notes of any series in accordance with the right reserved so to do, it shall give notice of such redemption shall to holders of the Notes of the series to be mailed redeemed by mailing, first-class mail at least postage prepaid, a notice of such redemption not less than 30 (unless a shorter notice is acceptable to the Trustee) days but and not more than 60 days before the Redemption Date date fixed for redemption of that series to each Holder such holders at their last addresses as they shall appear upon the Note Register. Any notice which is mailed in the manner herein provided shall be conclusively presumed to have been duly given, whether or not the registered holder receives the notice. In any case, failure duly to give such notice to the holder of any Note of any series designated for redemption in whole or in part, or any defect in the notice, shall not affect the validity of the proceedings for the redemption of any other Notes of that series or any other series. In the case of any redemption of Notes prior to the expiration of any restriction on such redemption or pursuant to an election of the Company which is subject to a condition provided in the terms of such Notes or elsewhere in this Indenture, the Company shall furnish the Trustee with an Officer’s Certificate evidencing compliance with any such restriction or condition. Each such notice of redemption shall identify the Notes to be redeemed at its registered address all in accordance with (including CUSIP numbers), specify the Indenture. Any notice to Holders of Notes of a date fixed for redemption will state, among other things, and the redemption price (at which Notes of that series are to be redeemed, or how if not then ascertainable, the manner of calculation thereof, and shall state that payment of the redemption price of the Notes to be redeemed will be calculated if not a made at the office or agency of the Company in the Borough of Manhattan, the City and State of New York, upon presentation and surrender of such Notes, that interest accrued to the date fixed amount or subject to change) and date. A notice of redemption may provide that the optional redemption described in such notice is conditioned upon the occurrence of certain events before the Redemption Date. Such notice of conditional for redemption will be of no effect unless all such conditions paid as specified in that notice and that from and after that date interest will cease to the redemption have occurred before the Redemption Date or have been waived the Company. If any of such events fail to occur and are not waived by the Company, the Company shall be under no obligation to redeem the Notes or pay the Holders any redemption proceeds and the Company’s failure to redeem the Notes shall not be considered a default or an Event of Defaultaccrue. If less than all of the Notes of a series are to be redeemed, the notice to the holders of Notes of that series to be redeemed at any time (other than pursuant to paragraph 5 above) shall specify the particular Notes to be so redeemed. In case any Note is to be redeemed in part only, the notice which relates to such Note shall state the portion of the principal amount thereof to be selected not more than 60 days prior to the Redemption Date by the Trusteeredeemed, from the outstanding Notes not previously called for redemption, consistent with the procedures of DTC. On and shall state that on and after the Redemption Dateredemption date, interest ceases upon surrender of such Note, a new Note or Notes of that series in principal amount equal to accrue on Notes or portions of them called for redemptionthe unredeemed portion thereof will be issued.

Appears in 1 contract

Samples: Indenture (Spectra Energy Partners, LP)

NOTICES OF REDEMPTION. Notices (a) In case the Company shall desire to exercise such right to redeem all or, as the case may be, a portion of the Notes of any series in accordance with the right reserved so to do, it shall give notice of such redemption shall to holders of the Notes of the series to be mailed redeemed by mailing, first-class mail at least postage prepaid, a notice of such redemption not less than 30 (unless a shorter notice is acceptable to the Trustee) days but and not more than 60 days before the Redemption Date date fixed for redemption of that series to each Holder such holders at their last addresses as they shall appear upon the Note Register. Any notice which is mailed in the manner herein provided shall be conclusively presumed to have been duly given, whether or not the registered holder receives the notice. In any case, failure duly to give such notice to the holder of any Note of any series designated for redemption in whole or in part, or any defect in the notice, shall not affect the validity of the proceedings for the redemption of any other Notes of that series or any other series. In the case of any redemption of Notes prior to the expiration of any restriction on such redemption or pursuant to an election of the Company which is subject to a condition provided in the terms of such Notes or elsewhere in this Indenture, the Company shall furnish the Trustee with an Officer's Certificate evidencing compliance with any such restriction or condition. Each such notice of redemption shall identify the Notes to be redeemed at its registered address all in accordance with (including CUSIP numbers), specify the Indenture. Any notice to Holders of Notes of a date fixed for redemption will state, among other things, and the redemption price (or how at which Notes of that series are to be redeemed, and shall state that payment of the redemption price of the Notes to be redeemed will be calculated if not a made at the office or agency of the Company in the Borough of Manhattan, the City and State of New York, upon presentation and surrender of such Notes, that interest accrued to the date fixed amount or subject to change) and date. A notice of redemption may provide that the optional redemption described in such notice is conditioned upon the occurrence of certain events before the Redemption Date. Such notice of conditional for redemption will be of no effect unless all such conditions paid as specified in that notice, that from and after that date interest will cease to accrue, and that the redemption have occurred before is for a sinking fund, if such is the Redemption Date or have been waived the Company. If any of such events fail to occur and are not waived by the Company, the Company shall be under no obligation to redeem the Notes or pay the Holders any redemption proceeds and the Company’s failure to redeem the Notes shall not be considered a default or an Event of Defaultcase. If less than all of the Notes of a series are to be redeemed, the notice to the holders of Notes of that series to be redeemed at any time (other than pursuant to paragraph 5 above) shall specify the particular Notes to be so redeemed. In case any Note is to be redeemed in part only, the notice which relates to such Note shall state the portion of the principal amount thereof to be selected not more than 60 days prior to the Redemption Date by the Trusteeredeemed, from the outstanding Notes not previously called for redemption, consistent with the procedures of DTC. On and shall state that on and after the Redemption Dateredemption date, interest ceases upon surrender of such Note, a new Note or Notes of that series in principal amount equal to accrue on Notes or portions of them called for redemptionthe unredeemed portion thereof will be issued.

Appears in 1 contract

Samples: Indenture (Louisville Gas & Electric Co /Ky/)

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NOTICES OF REDEMPTION. Notices of redemption shall be mailed by first-class mail or otherwise delivered at least 30 10 (unless a shorter notice is acceptable to the Trustee) days but not more than 60 days before the Redemption Date to each Holder of Notes to be redeemed at its registered address all in accordance with the Indenture. Any notice to Holders of Notes of a redemption will state, among other things, the redemption price (or how the redemption price will be calculated if not a fixed amount or subject to change) and date. A notice of redemption may provide that the optional redemption described in such notice is conditioned upon the occurrence of certain events before the Redemption Date. Such notice of conditional redemption will be of no effect unless all such conditions to the redemption have occurred before the Redemption Date or have been waived the Company. If any of such events fail to occur and are not waived by the Company, the Company shall be under no obligation to redeem the Notes or pay the Holders any redemption proceeds and the Company’s failure to redeem the Notes shall not be considered a default or an Event of Default. If less than all of the Notes are to be redeemed at any time (other than pursuant to paragraph 5 above) the particular Notes to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the outstanding Notes not previously called for redemption, consistent with the procedures of DTC. On and after the Redemption Date, interest ceases to accrue on Notes or portions of them called for redemption. In connection with any tender offer or other offer to purchase for all of the Notes, if holders of not less than 90% of the aggregate principal amount of the then outstanding Notes validly tender and do not validly withdraw such Notes in such tender offer and the Company, or any third party making such tender offer in lieu of the Company, purchases all of the Notes validly tendered and not validly withdrawn by such holders, the Company or such third party will have the right, upon not less than 10 nor more than 60 days’ notice following such purchase date, to redeem all Notes that remain outstanding following such purchase at a price equal to the price paid to each other holder in such tender offer, plus, to the extent not included in the tender offer payment, accrued and unpaid interest, if any, thereon, to, but excluding, the date of such redemption.

Appears in 1 contract

Samples: Indenture (MGM Resorts International)

NOTICES OF REDEMPTION. Notices viii) In the case of any redemption of Notes pursuant to Section 3.1, the Trustee shall give written notice of such redemption to holders of the Notes to be mailed redeemed by mailing, first-class mail at least postage prepaid, a notice of such redemption not less than 30 (unless a shorter notice is acceptable to the Trustee) days but and not more than 60 days before the Redemption Date date fixed for redemption to each Holder such holders at their last addresses as they shall appear upon the Note Register. Any notice which is mailed in the manner herein provided shall be conclusively presumed to have been duly given, whether or not the registered holder receives the notice. In any case, failure duly to give such notice to the holder of any Note designated for redemption in whole or in part, or any defect in the notice, shall not affect the validity of the proceedings for the redemption of any other Notes. Each such notice of redemption (i) shall specify the date fixed for redemption and the redemption price at which Notes are to be redeemed, (ii) shall identify the provision of the Indenture under which the Notes are being redeemed (and, in the case of Section 3.1(b), whether such redemption is at the option of Southwestern or Enogex) and (iii) shall state that payment of the redemption price of the Notes to be redeemed at its registered address all in accordance with the Indenture. Any notice to Holders of Notes of a redemption will state, among other things, the redemption price (or how the redemption price will be calculated made at the office or agency of the Company in the Borough of Manhattan, The City and State of New York, upon presentation and surrender of such Notes (if not a applicable), that interest accrued to the date fixed amount or subject to change) and date. A notice of redemption may provide that the optional redemption described in such notice is conditioned upon the occurrence of certain events before the Redemption Date. Such notice of conditional for redemption will be of no effect unless all such conditions paid as specified in that notice and that from and after that date interest will cease to the redemption have occurred before the Redemption Date or have been waived the Companyaccrue. If In case any of such events fail to occur and are not waived by the Company, the Company shall be under no obligation to redeem the Notes or pay the Holders any redemption proceeds and the Company’s failure to redeem the Notes shall not be considered a default or an Event of Default. If less than all of the Notes are Note is to be redeemed at any time (other than pursuant to paragraph 5 above) in part only, the particular Notes to be redeemed notice shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the outstanding Notes not previously called for redemption, consistent with the procedures of DTC. On state that on and after the Redemption Dateredemption date, interest ceases upon surrender of such Note, a new Note or Notes in principal amount equal to accrue on Notes or portions of them called for redemptionthe unredeemed portion thereof will be issued.

Appears in 1 contract

Samples: Indenture (Southwestern Energy Co)

NOTICES OF REDEMPTION. Notices of redemption shall will be mailed by first-class mail or electronically delivered (or otherwise transmitted in accordance with the depositary’s procedures) at least 30 (unless a shorter notice is acceptable to the Trustee) 10 days but not more than 60 days before the Redemption Date to each Holder of Notes to be redeemed at its registered address all in accordance with the Indenture. Any notice to Holders of Notes of a redemption will shall state, among other things, the redemption price (or how the redemption price will shall be calculated if not a fixed amount or subject to change) and date. A Notice of any redemption of Notes may, at the Company’s discretion, be given subject to one or more conditions precedent, including, but not limited to, completion of a corporate transaction that is pending (such as an equity or equity-linked offering, an incurrence of indebtedness or an acquisition or other strategic transaction involving a change of control in us or another entity). If such redemption is so subject to satisfaction of one or more conditions precedent, such notice shall describe each such condition, and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied or otherwise waived on or prior to the business day immediately preceding the relevant redemption date. The Company shall notify holders of any such rescission as soon as practicable after it determines that such conditions precedent will not be able to be satisfied or it is not able or willing to waive such conditions precedent, in each case subject to applicable procedures of DTC. Once notice of redemption may provide that is mailed or sent, subject to the optional redemption described satisfaction of any conditions precedent provided in such notice is conditioned upon the occurrence of certain events before the Redemption Date. Such notice of conditional redemption, the Notes called for redemption will be of no effect unless all such conditions to become due and payable on the redemption have occurred before date and at the Redemption Date or have been waived the Companyapplicable redemption price as set forth above. If any of such events fail to occur and are not waived by the Company, the Company shall be under no obligation to redeem the Notes or pay the Holders any redemption proceeds and the Company’s failure to redeem the Notes shall not be considered a default or an Event of Default. If less than all of the Notes are to be redeemed at any time (other than pursuant to paragraph 5 above) the particular Notes to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the outstanding Outstanding Notes not previously called for redemption, consistent with redemption pursuant to the applicable procedures of DTC. On and after the Redemption Date, interest ceases to accrue on Notes or portions of them called for redemption.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Arrow Electronics, Inc)

NOTICES OF REDEMPTION. Notices of redemption shall be mailed by first-class mail delivered at least 30 (unless a shorter notice is acceptable to the Trustee) 10 days but not more than 60 days before the Redemption Date to each Holder of Notes to be redeemed at its registered address all in accordance with the Indenture. Any notice to Holders of Notes of a redemption will shall state, among other things, the redemption price (or how the redemption price will shall be calculated if not a fixed amount or subject to change) and date. A Notice of any redemption of Notes may, at the Company’s discretion, be given subject to one or more conditions precedent, including, but not limited to, completion of a corporate transaction that is pending (such as an equity or equity-linked offering, an incurrence of indebtedness or an acquisition or other strategic transaction involving a change of control in us or another entity). If such redemption is so subject to satisfaction of one or more conditions precedent, such notice shall describe each such condition, and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied or otherwise waived on or prior to the business day immediately preceding the relevant redemption date. The Company shall notify holders of any such rescission as soon as practicable after it determines that such conditions precedent will not be able to be satisfied or it is not able or willing to waive such conditions precedent, in each case subject to applicable procedures of DTC. Once notice of redemption may provide that is mailed or sent, subject to the optional redemption described satisfaction of any conditions precedent provided in such notice is conditioned upon the occurrence of certain events before the Redemption Date. Such notice of conditional redemption, the Notes called for redemption will be of no effect unless all such conditions to become due and payable on the redemption have occurred before date and at the Redemption Date or have been waived the Companyapplicable redemption price as set forth above. If any of such events fail to occur and are not waived by the Company, the Company shall be under no obligation to redeem the Notes or pay the Holders any redemption proceeds and the Company’s failure to redeem the Notes shall not be considered a default or an Event of Default. If less than all of the Notes are to be redeemed at any time (other than pursuant to paragraph 5 above) the particular Notes to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the outstanding Outstanding Notes not previously called for redemption, consistent with the procedures of DTC. On and after the Redemption Date, interest ceases to accrue on Notes or portions of them called for redemption.

Appears in 1 contract

Samples: Supplemental Indenture (Arrow Electronics Inc)

NOTICES OF REDEMPTION. Notices of redemption shall be mailed by first-class mail at least 30 (unless a shorter notice is acceptable to the Trustee) days but not more than 60 days before the Redemption Date to each Holder of Series C Notes to be redeemed at its registered address all in accordance with the Indenture. Any notice to Holders of Notes of a redemption will state, among other things, the redemption price (or how the redemption price will be calculated if not a fixed amount or subject to change) and date. A Each notice of redemption may provide that shall identify the optional redemption described in Series C Notes to be redeemed (including CUSIP number) and shall state such notice is conditioned upon election on the occurrence part of certain events before the Redemption Date. Such notice of conditional redemption will be of no effect unless all such conditions to the redemption have occurred before the Redemption Date or have been waived the Company. If any of such events fail to occur and are not waived by the Company, the Company shall Redemption Date and place of payment of the Series C Notes to be under no obligation to redeem the Notes or pay the Holders any redemption proceeds redeemed and the Company’s failure Redemption Price and that the Series C Notes designated in such notice for redemption are required to redeem be presented on or after such Redemption Date and at such place for payment and that interest to the Redemption Date on the Series C Notes and portions of Series C Notes called for redemption will be paid as specified in said notice and shall not be considered a default or an Event of Defaultcease to accrue thereon on such date. If less than all of the outstanding Series C Notes are to be redeemed at redeemed, the notice shall also designate the Series C Notes or portions of Series C Notes that are to be redeemed. If any time (other than pursuant to paragraph 5 above) the particular Notes Series C Note is to be redeemed in part only, the notice shall also state that upon presentation of such Series C Note on or after the redemption date at said place, such Series C Note will be selected not more than 60 days prior cancelled and a new Series C Note or Series C Notes, in an aggregate principal amount equal to the Redemption Date by unredeemed portion of such Series C Note will be issued and delivered without charge to the Trustee, from the outstanding Notes not previously called for redemption, consistent with the procedures of DTCholder. On and after the Redemption Date, interest ceases to accrue on Series C Notes or portions of them called for redemption.

Appears in 1 contract

Samples: Security and Pledge Agreement (Flag Telecom Holdings LTD)

NOTICES OF REDEMPTION. Notices of redemption shall be mailed by first-class mail at least 30 (unless a shorter notice is acceptable to the Trustee) days but not more than 60 days before the Redemption Date to each Holder of Series A Notes to be redeemed at its registered address all in accordance with the Indenture. Any notice to Holders of Notes of a redemption will state, among other things, the redemption price (or how the redemption price will be calculated if not a fixed amount or subject to change) and date. A Each notice of redemption may provide that shall identify the optional redemption described in Series A Notes to be redeemed (including CUSIP number) and shall state such notice is conditioned upon election on the occurrence part of certain events before the Redemption Date. Such notice of conditional redemption will be of no effect unless all such conditions to the redemption have occurred before the Redemption Date or have been waived the Company. If any of such events fail to occur and are not waived by the Company, the Company shall Redemption Date and place of payment of the Series A Notes to be under no obligation to redeem the Notes or pay the Holders any redemption proceeds redeemed and the Company’s failure Redemption Price and that the Series A Notes designated in such notice for redemption are required to redeem be presented on or after such Redemption Date and at such place for payment and that interest to the Redemption Date on the Series A Notes and portions of Series A Notes called for redemption will be paid as specified in said notice and shall not be considered a default or an Event of Defaultcease to accrue thereon on such date. If less than all of the outstanding Series A Notes are to be redeemed at redeemed, the notice shall also designate the Series A Notes or portions of Series A Notes that are to be redeemed. If any time (other than pursuant to paragraph 5 above) the particular Notes Series A Note is to be redeemed in part only, the notice shall also state that upon presentation of such Series A Note on or after the redemption date at said place, such Series A Note will be selected not more than 60 days prior cancelled and a new Series A Note or Series A Notes, in an aggregate principal amount equal to the Redemption Date by unredeemed portion of such Series A Note will be issued and delivered without charge to the Trustee, from the outstanding Notes not previously called for redemption, consistent with the procedures of DTCholder. On and after the Redemption Date, interest ceases to accrue on Series A Notes or portions of them called for redemption.

Appears in 1 contract

Samples: Security and Pledge Agreement (Flag Telecom Holdings LTD)

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