Optional Redemption at Par Sample Clauses

Optional Redemption at Par. The first date on which the Bonds are permitted to be redeemed at par is set forth in the Trust Indenture.
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Optional Redemption at Par. The first date on which the Bonds are permitted to be redeemed at par is set forth in Exhibit II.
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Optional Redemption at Par. The Debentures are redeemable prior to the Stated Maturity at the option of the Company (i) in whole or in part, from time to time, on or after December 15, 2021 or (ii) at any time prior to December 15, 2021, in whole but not in part, within 90 days following the occurrence and continuation of a Tax Event, in either case at a redemption price (the “Redemption Price”) equal to 100% of the principal amount thereof, plus accrued and unpaid interest thereon (including Compound Interest, if any) to, but excluding, the date of redemption. The Company’s right to redeem the Debentures under clause (ii) of the preceding paragraph shall be subject to the condition that if at the time there is available to the Company the opportunity to eliminate a Tax Event, within 90 days following the occurrence and continuation of such Tax Event, by taking some ministerial action (“Ministerial Action”), such as filing a form or making an election, or pursuing some other similar reasonable measure that will have no adverse effect on the Company and will involve no material cost, the Company shall pursue such measures in lieu of redemption; provided further, that the Company shall have no right to redeem the Debentures while the Company is pursuing any such Ministerial Action.
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Optional Redemption at Par. The Debentures are redeemable prior to the Stated Maturity at the option of the Company in whole or in part, from time to time, on or after December 1, 2022 at a Redemption Price equal to 100% of the principal amount thereof, plus accrued and unpaid interest thereon (including Compound Interest, if any) to, but excluding, the date of redemption.
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Optional Redemption at Par. (i) This representation is qualified in its entirety to reflect that the first optional redemption date is set forth in either the Trust Indenture or Bond Resolution and/or the corresponding Note. MULTIFAMILY SCR DEBT NOTES, SERIES 2017-MDN3 REFERENCE OBLIGATION PERCENTAGES Appendix IV - Reference Obligation Percentages Reference Obligation No. Number of Properties Reference Obligation Name Reference Obligation Percentage 1 1 Mima Apts. 33.0% 2 1 Parkchester Condominiums 33.0% 3 0 Xxxxxx Xxxxxxx Xxxxx 50.0% 4 1 Savoy Park Apartments 25.0% 5 0 Xxxxxx Xxxxxxx Xxxxx 50.0% 6 0 Xxxxxxx Xxxxxx Portfolio 100.0% 7 1 Buena Vista Apartments - A Piece 100.0% 8 1 Fox Hill Apartments 100.0% 9 1 Ncc Manor 100.0% 10 0 Xxxxxxx Xxxxxx Apartments 100.0% 11 1 Jericho Residences 100.0% 12 1 Sycamore Ridge 100.0% 13 1 Oakwood Towers 100.0% 14 1 Village Oaks 100.0% 15 4 Presbyterian Homes Of Bloomington, Inc. 100.0% 15.1 1 Summerhouse Of Bloomington 100.0% 15.2 1 Echo Ridge 100.0% 15.3 1 Summerhouse Of Shoreview 100.0% 15.4 1 Mississippi Shores 100.0% 16 1 Ridge Club I And II 100.0% 17 1 Beacon Hill Apartments (Perm) 100.0% 18 1 Crossing At Indian Run 100.0% 19 1 Castle Xxxxx Apartments 100.0% 20 1 Prospect Park Apartments 100.0% 21 0 Xxxxx Xxxxx Park 100.0% 22 1 Covenant Manor 100.0% 23 1 Xxxxxxxxx And Xxxxxxxx 100.0% 24 1 Garden Villas 100.0% 25 1 Silver Ridge 100.0% 26 1 Sr Residence At Iwilei- Perm 100.0% 27 1 Majestic Oaks 100.0% 28 1 Skyline Towers 100.0% 29 1 Garden House Of River Oaks I 100.0% 30 1 Xxxxxx Apartments 100.0% 31 1 Broward Gardens 100.0% 32 1 Heritage Village At Ocean 100.0% 33 1 Spring Manor Apartments 100.0% 34 1 Xxxxxxx Heights 100.0% 35 1 Wedgewood Apartments 100.0% 36 1 Crescent Bluff Apartments Phase II 100.0% 37 1 400 Apartments 100.0% 38 1 Victory Xxxxxxx 100.0% 39 1 Xxxxxxxxx Xxxxxxxx Apartments 100.0% 40 1 Xxxxxxxx Apartments 100.0% 41 1 The Xxxx At Encore 100.0% 42 1 Xxxxxxxxx Tower 100.0% 43 1 Georgia Arms 100.0% 44 1 Xxxxxx Xxxxx Apartments 100.0% 45 1 Xxxxxxx Xxxxx 100.0% 46 1 Xxxxxx Apartments 100.0% 47 1 Bayou Cane Apartments 100.0%
Sample 1
Optional Redemption at Par. The Issuer or the Guarantor may, at its option, redeem the Notes, in whole or in part, at any time on or after the Par Call Date. The Issuer or the Guarantor may redeem the Notes either as a whole or in part at a Redemption Price equal to100.000% of the principal amount of the Notes being redeemed plus accrued and unpaid interest and Additional Amounts, if any, on the principal amount of the Notes being redeemed to, but excluding, such redemption date; provided that Notes in an aggregate principal amount equal to at least U.S.$100 million remain outstanding immediately after the occurrence of any partial redemption of Notes.
Sample 1
Optional Redemption at Par. In the event that the Facility is destroyed or rendered unuseable as a result of the occurrence of a casualty or natural disaster and the problem cannot be remedied within 6 months after such occurrence, the Company shall have the right within 6 months of the occurrence of such event to redeem all of the Notes at a redemption price equal to the principal amount thereof plus accrued interest thereon to the date of redemption. The Company shall exercise the aforesaid right by sending a written notice to each of the Noteholders and the Trustee in accordance with SECTION 12.03.
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Related to Optional Redemption at Par

  • Optional Redemption Except as set forth below, the Issuer shall not be entitled to redeem the Securities. On and after May 15, 2017, the Issuer shall be entitled at its option to redeem all or a portion of the Securities upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed in percentages of principal amount on the redemption date), plus accrued interest to the redemption date (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date), if redeemed during the 12-month period commencing on May 15 of the years set forth below: Period Redemption Price 2017 105.156 % 2018 103.438 % 2019 101.719 % 2020 and thereafter 100.000 % In addition, at any time prior to May 15, 2017, the Issuer shall be entitled at its option on one or more occasions to redeem Securities (which includes Additional Securities, if any) in an aggregate principal amount not to exceed 35% of the aggregate principal amount of the Securities (which includes Additional Securities, if any) issued prior to such date at a redemption price (expressed as a percentage of principal amount) of 106.875%, plus accrued and unpaid interest to the redemption date (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date), with an amount not to exceed the net cash proceeds from one or more Equity Offerings; provided, however, that (1) at least 65% of such aggregate principal amount of Securities (which includes Additional Securities, if any) remains outstanding immediately after the occurrence of each such redemption (with Securities held, directly or indirectly, by the Issuer or its Affiliates being deemed to be not outstanding for purposes of such calculation); and (2) notice of such redemption has been given within 90 days after the date of the related Equity Offering. Prior to May 15, 2017, the Issuer shall be entitled at its option to redeem all or a portion of the Securities at a redemption price equal to 100% of the principal amount of the Securities plus the Applicable Premium as of, and accrued and unpaid interest to, the redemption date (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date).

  • Optional Redemption at Election of Company Subject to the provisions of this Section 6, the Company may deliver a notice to the Holder (an “Optional Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”) of its irrevocable election to redeem some or all of the then outstanding principal amount of this Debenture for cash in an amount equal to the Optional Redemption Amount on the 10th Business Day following the Optional Redemption Notice Date (such date, the “Optional Redemption Date” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full on the Optional Redemption Date. The Company may not deliver an Optional Redemption Notice if there is an existing Event of Default or an existing event which, with the passage of time or giving of notice, would constitute an Event of Default. If any portion of the payment pursuant to an Optional Redemption shall not be paid by the Company on the applicable due date, interest shall accrue thereon at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law until such amount is paid in full. Notwithstanding anything herein contained to the contrary, if any portion of the Optional Redemption Amount remains unpaid after such date, the Holder may elect, by written notice to the Company given at any time thereafter, to invalidate such Optional Redemption, ab initio, and, with respect to the Company’s failure to honor the Optional Redemption, the Company shall have no further right to exercise such Optional Redemption. The Company covenants and agrees that it will honor all Notices of Conversion tendered from the time of delivery of the Optional Redemption Notice through the date all amounts owing thereon are due and paid in full.

  • Notice of Optional Redemption Selection of Notes 82 Section 16.03 . Payment of Notes Called for Redemption 84 Section 16.04 . Restrictions on Redemption 84 ARTICLE 17 MISCELLANEOUS PROVISIONS Section 17.01 . Provisions Binding on Company’s Successors 84 Section 17.02 . Official Acts by Successor Corporation 84 Section 17.03 . Addresses for Notices, Etc. 85 Section 17.04 . Governing Law; Jurisdiction 85 Section 17.05 . Evidence of Compliance with Conditions Precedent; Certificates and Opinions of Counsel to Trustee 86 Section 17.06 . Legal Holidays 86 Section 17.07 . No Security Interest Created 87 Section 17.08 . Benefits of Indenture 87 Section 17.09 . Table of Contents, Headings, Etc. 87 Section 17.10 . Authenticating Agent 87 Section 17.11 . Execution in Counterparts 88 Section 17.12 . Severability 88 Section 17.13 . Waiver of Jury Trial 88 Section 17.14 . Force Majeure 88 Section 17.15 . Calculations 89 Section 17.16 . USA PATRIOT Act 89 EXHIBIT Exhibit A Form of Note A-1 INDENTURE dated as of September 21, 2018 between SPLUNK INC., a Delaware corporation, as issuer (the “Company,” as more fully set forth in Section 1.01) and U.S. BANK NATIONAL ASSOCIATION, as trustee (the “Trustee,” as more fully set forth in Section 1.01).

  • Special Optional Redemption Upon the occurrence of a “Change of Control”, the Issuer may, at its option, redeem the Series C Preferred Stock, in whole or in part within 120 days after the first date on which such Change of Control occurred, for cash, at a redemption price of $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date, the Issuer exercises any of its redemption rights relating to the Series C Preferred Stock (whether the optional redemption right or the special optional redemption right), the holders of Series C Preferred Stock will not have the conversion rights described below.

  • Optional Redemption of Notes Prior to the Par Call Date, the Company may redeem the Notes at its option, in whole or in part, at a redemption price (expressed as a percentage of principal amount and rounded to three decimal places) (the “Redemption Price”) equal to the greater of (i) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the Redemption Date (assuming the Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 basis points less (b) interest accrued to but excluding the Redemption Date; and (ii) 100% of the principal amount of the Notes; plus, in either case, accrued and unpaid interest thereon to the Redemption Date. Notwithstanding the foregoing, if the Notes are redeemed on or after the Par Call Date, the Company may redeem the Notes, in whole or in part, at any time or from time to time, at a Redemption Price equal to 100% of the principal amount of the Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Date. Notwithstanding the foregoing, if the Redemption Date falls after a Record Date and on or prior to the corresponding Interest Payment Date, the Company will pay the full amount of accrued and unpaid interest, if any, on such Interest Payment Date to the Holder of record at the close of business on the corresponding Record Date (instead of the Holder surrendering its Notes for redemption). The Company shall not redeem the Notes pursuant to this Section 4.1 if on any date the principal amount of the Notes has been accelerated, and such acceleration has not been rescinded or cured on or prior to such date. The Company’s actions and determinations in determining the Redemption Price shall be conclusive and binding for all purposes, absent manifest error.

  • No Optional Redemption The Notes shall not be redeemable by the Company prior to the Maturity Date, and no sinking fund is provided for the Notes.

  • Optional Redemption of the Notes (a) The Master Servicer shall have the option to redeem the Notes in whole, but not in part, on any Payment Date on or after the Payment Date on which the aggregate Stated Principal Balance of the Mortgage Loans as of the end of the prior Due Period is less than or equal to [___]% of the aggregate Stated Principal Balance of the Mortgage Loans as of Cut-off Date. The aggregate redemption price for the Notes will be equal to the greater of (i) the Stated Principal Balance of the Mortgage Loans and the appraised value of any REO Properties, such appraisal to be conducted by an Independent appraiser mutually agreed upon by the Master Servicer and the Indenture Trustee in their reasonable discretion and (ii) the fair market value of the Mortgage Loans and the REO Properties (as determined by the Master Servicer and, to the extent that a Class of Class A Notes or a Class of Mezzanine Notes will not receive all amounts owed to it as a result of the redemption, the Indenture Trustee (it being understood and agreed that any determination by the Indenture Trustee shall be made solely in reliance on an appraisal by an Independent appraiser as provided above), in each case plus accrued and unpaid interest thereon at the weighted average of the Mortgage Rates through the end of the Due Period preceding the final Payment Date plus unreimbursed Servicing Advances, P&I Advances, any unpaid Servicing Fees allocable to such Mortgage Loans and REO Properties and any accrued and unpaid Basis Risk Shortfalls (the "Redemption Price"); provided, however, that the Master Servicer will not be permitted to redeem the Notes unless the Redemption Price is sufficient to retire the Note Balance of the remaining Notes to zero. If the determination of the fair market value of the Mortgage Loans and REO Properties shall be required to be made by the Master Servicer and an Independent appraiser as provided above, (A) such appraisal shall be obtained at no expense to the Indenture Trustee and (B) the Indenture Trustee may conclusively rely on, and shall be protected in relying on, such appraisal.

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