Common use of Optional Prepayments with Make-Whole Amount Clause in Contracts

Optional Prepayments with Make-Whole Amount. The Company may, at its option, upon notice as provided below, prepay at any time all, or from time to time any part of, the 2021 Bonds, in an amount not less than ten percent (10%) of the aggregate principal amount of the 2021 Bonds to be prepaid then outstanding in the case of a partial prepayment, at one-hundred percent (100%) of the principal amount so prepaid, together with accrued and unpaid interest thereon, and the Make-Whole Amount determined for the prepayment date with respect to such principal amount. The Company will give each Holder of the 2021 Bonds written notice, with a copy to the Trustee, of each optional prepayment under this Section 2.03 not less than ten (10) days and not more than sixty (60) days prior to the date fixed for such prepayment unless the Company and the Holders of more than fifty percent (50%) of the principal amount of the 2021 Bonds then outstanding agree in writing to another time period. Each such notice shall specify such date (which shall be a Business Day), the aggregate principal amount of the 2021 Bonds on such date, the principal amount of each 2021 Bond held by such Holder (determined in accordance with Section 2.03(a)), and the interest to be paid on the prepayment date with respect to such principal amount being prepaid, and shall be accompanied by a certificate of a Senior Financial Officer as to the estimated Make-Whole Amount with respect to the 2021 Bonds to be prepaid due in connection with such prepayment (calculated as if the date of such notice were the date of the prepayment), setting forth the details of such computation. Two (2) Business Days prior to such prepayment, the Company shall deliver to each Holder of 2021 Bonds a certificate of a Senior Financial Officer specifying the calculation of such Make-Whole Amount as of the specified prepayment date.

Optional Prepayments with Make-Whole Amount. The Company may, at its option, upon notice as provided below, prepay at any time all, or from time to time any part of, the 2021 2017A Bonds, in an amount not less than ten percent (10%) of the aggregate principal amount of the 2021 2017A Bonds to be prepaid then outstanding in the case of a partial prepayment, at one-hundred percent (100%) of the principal amount so prepaid, together with accrued and unpaid interest thereon, and the Make-Whole Make‑Whole Amount determined for the prepayment date with respect to such principal amount. The Company will give each Holder of the 2021 2017A Bonds written notice, with a copy to the Trustee, of each optional prepayment under this Section 2.03 not less than ten (10) days and not more than sixty (60) days prior to the date fixed for such prepayment unless the Company and the Holders of more than fifty percent (50%) of the principal amount of the 2021 2017A Bonds then outstanding agree in writing to another time period. Each such notice shall specify such date (which shall be a Business Day), the aggregate principal amount of the 2021 2017A Bonds to be prepaid on such date, the principal amount of each 2021 2017A Bond held by such Holder to be prepaid (determined in accordance with Section 2.03(a)), and the interest to be paid on the prepayment date with respect to such principal amount being prepaid, and shall be accompanied by a certificate of a Senior Financial Officer as to the estimated Make-Whole Make‑Whole Amount with respect to the 2021 Bonds to be prepaid due in connection with such prepayment (calculated as if the date of such notice were the date of the prepayment), setting forth the details of such computation. Two (2) Business Days prior to such prepayment, the Company shall deliver to each Holder of 2021 Bonds a certificate of a Senior Financial Officer specifying the calculation of such Make-Whole Make‑Whole Amount as of the specified prepayment date.

Optional Prepayments with Make-Whole Amount. The Company may, at its option, upon notice as provided below, prepay at any time all, or from time to time any part of, the 2021 2019 Bonds, in an amount not less than ten percent (10%) of the aggregate principal amount of the 2021 2019 Bonds to be prepaid then outstanding in the case of a partial prepayment, at one-hundred percent (100%) of the principal amount so prepaid, together with accrued and unpaid interest thereon, and the Make-Whole Make‑Whole Amount determined for the prepayment date with respect to such principal amount. The Company will give each Holder of the 2021 2019 Bonds being prepaid written notice, with a copy to the Trustee, of each optional prepayment under this Section 2.03 not less than ten (10) days and not more than sixty (60) days prior to the date fixed for such prepayment unless the Company and the Holders of more than fifty percent (50%) of the principal amount of the 2021 2019 Bonds being prepaid then outstanding agree in writing to another time period. Each such notice shall specify such date (which shall be a Business Day), the aggregate principal amount of the 2021 2019 Bonds to be prepaid on such date, the principal amount of each 2021 2019 Bond held by such Holder to be prepaid (determined in accordance with Section 2.03(a)), and the interest to be paid on the prepayment date with respect to such principal amount being prepaid, and shall be accompanied by a certificate of a Senior Financial Officer as to the estimated Make-Whole Make‑Whole Amount with respect to the 2021 2019 Bonds to be prepaid due in connection with such prepayment (calculated as if the date of such notice were the date of the prepayment), setting forth the details of such computation. Two (2) Business Days prior to such prepayment, the Company shall deliver to each Holder of 2021 Bonds a certificate of a Senior Financial Officer specifying the calculation of such Make-Whole Make‑Whole Amount as of the specified prepayment date.

Optional Prepayments with Make-Whole Amount. The Company may, at its option, upon notice as provided below, prepay at any time all, or from time to time any part of, the 2021 Series 2023A Bonds, in an amount not less than ten percent (10%) % of the aggregate principal amount of the 2021 Series 2023A Bonds to be prepaid then outstanding in the case of a partial prepayment, at one-hundred percent (100%) % of the principal amount so prepaid, together with accrued and unpaid interest thereon, and the Make-Whole Amount determined for the prepayment date with respect to such principal amount. The Company will give each Holder holder of the 2021 Series 2023A Bonds written notice, with a copy to the Trustee, notice of each optional prepayment under this Section 2.03 8.2 not less than ten (10) 10 days and not more than sixty (60) 60 days prior to the date fixed for such prepayment unless the Company and the Required Holders of more than fifty percent (50%) of the principal amount of the 2021 Bonds then outstanding agree in writing to another time periodperiod pursuant to Section 17. Each such notice shall specify such date (which shall be a Business Day), the aggregate principal amount of the 2021 Series 2023A Bonds to be prepaid on such date, the principal amount of each 2021 Series 2023A Bond held by such Holder holder to be prepaid (determined in accordance with Section 2.03(a)8.3), and the interest to be paid on the prepayment date with respect to such principal amount being prepaid, and shall be accompanied by a certificate of a Senior Financial Officer as to the estimated Make-Whole Amount with respect to the 2021 Bonds to be prepaid due in connection with such prepayment (calculated as if the date of such notice were the date of the prepayment), setting forth the details of such computation. Two (2) Business Days prior to such prepayment, the Company shall deliver to each Holder holder of 2021 Series 2023A Bonds a certificate of a Senior Financial Officer specifying the calculation of such Make-Whole Amount as of the specified prepayment date.

Optional Prepayments with Make-Whole Amount. The Company may, at its option, upon notice as provided below, prepay at any time all, or from time to time any part of, the 2021 2023 Bonds, in an amount not less than ten percent (10%) of the aggregate principal amount of the 2021 2023 Bonds to be prepaid then outstanding in the case of a partial prepayment, at one-hundred percent (100%) of the principal amount so prepaid, together with accrued and unpaid interest thereon, and the Make-Whole Amount determined for the prepayment date with respect to such principal amount. The Company will give each Holder of the 2021 2023 Bonds written notice, with a copy to the Trustee, of each optional prepayment under this Section 2.03 not less than ten (10) days and not more than sixty (60) days prior to the date fixed for such prepayment unless the Company and the Holders of more than fifty percent (50%) of the principal amount of the 2021 2023 Bonds then outstanding agree in writing to another time period. Each such notice shall specify such date (which shall be a Business Day), the aggregate principal amount of the 2021 2023 Bonds on such date, the principal amount of each 2021 2023 Bond held by such Holder (determined in accordance with Section 2.03(a)), and the interest to be paid on the prepayment date with respect to such principal amount being prepaid, and shall be accompanied by a certificate of a Senior Financial Officer as to the estimated Make-Whole Amount with respect to the 2021 2023 Bonds to be prepaid due in connection with such prepayment (calculated as if the date of such notice were the date of the prepayment), setting forth the details of such computation. Two (2) Business Days prior to such prepayment, the Company shall deliver to each Holder of 2021 2023 Bonds a certificate of a Senior Financial Officer specifying the calculation of such Make-Whole Amount as of the specified prepayment date.

Optional Prepayments with Make-Whole Amount. The Company may, at its option, upon notice as provided below, prepay at any time all, or from time to time any part 199277.16 of, the 2021 2014A Bonds, in an amount not less than ten percent (10%) % of the aggregate principal amount of the 2021 2014A Bonds to be prepaid then outstanding in the case of a partial prepayment, at one-hundred percent (100%) % of the principal amount so prepaid, together with accrued and unpaid interest thereon, and the Make-Whole Make‑Whole Amount determined for the prepayment date with respect to such principal amount. The Company will give each Holder of the 2021 2014A Bonds written notice, with a copy to the Trustee, of each optional prepayment under this Section 2.03 not less than ten (10) days and not more than sixty (60) days prior to the date fixed for such prepayment unless the Company and the Holders of more than fifty percent (50%) % of the principal amount of the 2021 2014A Bonds then outstanding agree in writing to another time period. Each such notice shall specify such date (which shall be a Business Day), the aggregate principal amount of the 2021 2014A Bonds to be prepaid on such date, the principal amount of each 2021 2014A Bond held by such Holder to be prepaid (determined in accordance with Section 2.03(a)), and the interest to be paid on the prepayment date with respect to such principal amount being prepaid, and shall be accompanied by a certificate of a Senior Financial Officer as to the estimated Make-Whole Make‑Whole Amount with respect to the 2021 Bonds to be prepaid due in connection with such prepayment (calculated as if the date of such notice were the date of the prepayment), setting forth the details of such computation. Two (2) Business Days prior to such prepayment, the Company shall deliver to each Holder of 2021 Bonds a certificate of a Senior Financial Officer specifying the calculation of such Make-Whole Make‑Whole Amount as of the specified prepayment date.

Optional Prepayments with Make-Whole Amount. The Company may, at its option, upon notice as provided below, prepay at any time all, or from time to time any part of, the 2021 Bonds, in an amount not less than ten percent (10%) 5% of the aggregate principal amount of the 2021 Bonds to be prepaid then outstanding in the case of a partial prepayment, at one-hundred percent (100%) % of the principal amount so prepaid, together with interest accrued and unpaid interest thereonthereon to the date of such prepayment, and plus the Make-Whole Make‑Whole Amount determined for the prepayment date with respect to such principal amountamount of each Bond that is then being so prepaid. The Company will give each Holder of the 2021 Bonds written notice, with a copy to the Trustee, notice of each optional prepayment under this Section 2.03 8.2 not less than ten (10) 30 days and not more than sixty (60) 60 days prior to the date fixed for such prepayment prepayment, unless the Company and the Required Holders of more than fifty percent (50%) of the principal amount of the 2021 Bonds then outstanding agree in writing to another time periodperiod pursuant to Section 16. Each such notice shall specify such date (which shall be a Business Day), the aggregate principal amount of the 2021 Bonds to be prepaid on such date, the principal amount of each 2021 Bond held by such Holder to be prepaid (determined in accordance with Section 2.03(a8.3)), and any other information required to be delivered under the terms of the Indenture, and the interest to be paid on the prepayment date with respect to such principal amount being prepaid, and shall be accompanied by a certificate of a Senior Financial Officer as to the estimated Make-Whole Make‑Whole Amount with respect to the 2021 Bonds to be prepaid due in connection with such prepayment (calculated as if the date of such notice were the date of the prepayment), setting forth the details of such computation. Two (2) Business Days prior to such prepayment, the Company shall deliver to each Holder of 2021 Bonds a certificate of a Senior Financial Officer specifying the calculation of such Make-Whole Make‑Whole Amount as of the specified prepayment date. Notwithstanding the foregoing, (a) the Series 2019A-1 Bonds may be prepaid without paying the Make-Whole Amount, at the Company’s option, beginning on June 27, 2029, (b) the Series 2019A-2 Bonds may be prepaid without paying the Make-Whole Amount, at the Company’s option, beginning on July 29, 2029, (c) the Series 2019A-3 Bonds may be prepaid without paying the Make-Whole Amount, at the Company’s option, beginning on August 26, 2031, and (d) the Series 2019A-4 Bonds may be prepaid without paying the Make-Whole Amount, at the Company’s option, beginning on September 27, 2031.