Optional Redemption by the Company. At any time prior to May 15, 2026, the Notes will be redeemable at the option of the Company, at any time in whole or from time to time in part, on at least 30 days but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to (a) the greater of (i) 100% of their principal amount to be redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest (at the rate in effect on the date of calculation of the redemption price) on the Notes to be redeemed (exclusive of interest accrued but unpaid to the Redemption Date) discounted to their present value as of such Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months), at the applicable Treasury Yield (as defined below), as determined by the Reference Treasury Dealers, plus 30 basis points (such greater amount, the “Make-Whole Redemption Price”), plus (b) accrued and unpaid interest, if any, on the Notes to the date of redemption. On or after May 15, 2026, the Notes will be redeemable at the option of the Company, in whole at any time or in part from time to time, on at least 30 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed (the “Par Call Redemption Price” and, together with the Make-Whole Redemption Price, the “Redemption Price”), plus accrued and unpaid interest on the Notes to be redeemed to the date of redemption. For purposes of determining the Redemption Price, the following definitions are applicable:
Appears in 4 contracts
Samples: Second Supplemental Indenture (Bunge Global SA), Second Supplemental Indenture (Bungeltd), First Supplemental Indenture (Bungeltd)
Optional Redemption by the Company. At any time prior to May 15June 25, 20262027 (the “Par Call Date”), the Notes will be redeemable at the option of the Company, at any time in whole or from time to time in part, on at least 30 15 days but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to (a) the greater of (i) 100% of their principal amount to be redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest (at the rate in effect on the date of calculation of the redemption price) on the Notes to be redeemed that would be due if such Notes matured on the Par Call Date (exclusive of interest accrued but unpaid to the Redemption Date) discounted to their present value as of such Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months), at the applicable Treasury Yield (as defined below), as determined by the Reference Treasury Dealers, plus 30 25 basis points (such greater amount, the “Make-Whole Redemption Price”), plus (b) accrued and unpaid interest, if any, on the Notes to the date of redemption. On or after May 15June 25, 20262027, the Notes will be redeemable at the option of the Company, in whole at any time or in part from time to time, on at least 30 15 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed (the “Par Call Redemption Price” and, together with the Make-Whole Redemption Price, the “Redemption Price”), plus accrued and unpaid interest on the Notes to be redeemed to the date of redemption. For purposes of determining the Redemption Price, the following definitions are applicable:
Appears in 4 contracts
Samples: Second Supplemental Indenture (Bunge Global SA), Second Supplemental Indenture (Bungeltd), First Supplemental Indenture (Bungeltd)
Optional Redemption by the Company. At any time prior to May 15February 14, 20262031 (the “Par Call Date”), the Notes will be redeemable at the option of the Company, at any time in whole or from time to time in part, on at least 30 15 days but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to (a) the greater of (i) 100% of their principal amount to be redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest (at the rate in effect on the date of calculation of the redemption price) on the Notes to be redeemed that would be due if such Notes matured on the Par Call Date (exclusive of interest accrued but unpaid to the Redemption Date) discounted to their present value as of such Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months), at the applicable Treasury Yield (as defined below), as determined by the Reference Treasury Dealers, plus 30 20 basis points (such greater amount, the “Make-Whole Redemption Price”), plus (b) accrued and unpaid interest, if any, on the Notes to the date of redemption. On or after May 15February 14, 20262031, the Notes will be redeemable at the option of the Company, in whole at any time or in part from time to time, on at least 30 15 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed (the “Par Call Redemption Price” and, together with the Make-Whole Redemption Price, the “Redemption Price”), plus accrued and unpaid interest on the Notes to be redeemed to the date of redemption. For purposes of determining the Redemption Price, the following definitions are applicable:
Appears in 4 contracts
Samples: Second Supplemental Indenture (Bunge Global SA), Second Supplemental Indenture (Bungeltd), First Supplemental Indenture (Bungeltd)
Optional Redemption by the Company. At any time prior to May 15July 17, 20262025 (the “Par Call Date”), the Notes will be redeemable at the option of the Company, at any time in whole or from time to time in part, on at least 30 15 days but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to (a) the greater of (i) 100% of their principal amount to be redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest (at the rate in effect on the date of calculation of the redemption price) on the Notes to be redeemed that would be due if such Notes matured on the Par Call Date (exclusive of interest accrued but unpaid to the Redemption Date) discounted to their present value as of such Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months), at the applicable Treasury Yield (as defined below), as determined by the Reference Treasury Dealers, plus 30 25 basis points (such greater amount, the “Make-Whole Redemption Price”), plus (b) accrued and unpaid interest, if any, on the Notes to the date of redemption. On or after May 15July 17, 20262025, the Notes will be redeemable at the option of the Company, in whole at any time or in part from time to time, on at least 30 15 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed (the “Par Call Redemption Price” and, together with the Make-Whole Redemption Price, the “Redemption Price”), plus accrued and unpaid interest on the Notes to be redeemed to the date of redemption. For purposes of determining the Redemption Price, the following definitions are applicable:
Appears in 4 contracts
Samples: Second Supplemental Indenture (Bunge Global SA), Second Supplemental Indenture (Bungeltd), First Supplemental Indenture (Bungeltd)
Optional Redemption by the Company. (a) At any time prior and from time to May 15, 2026time, the Notes will may be redeemable redeemed at the option of the CompanyCompany for cash, at any time in whole or from time to time in part, on at least 30 days but not more than 60 days’ prior upon notice mailed to as set forth in Section 11.4 of the registered address of each Holder of Notes to be so redeemedIndenture, at a redemption price equal to (a) the greater of (ia) 100% of their the principal amount of the Notes then outstanding to be redeemed and or (iib) the sum of the present values of the remaining scheduled payments of principal and interest (at the rate in effect on the date of calculation of the redemption price) on the Notes to be redeemed (exclusive not including any portion of such payments of interest accrued but unpaid to the Redemption Date) discounted to their present value as the date of such Redemption Date redemption on a semi-annual semiannual basis (assuming a 360-day year consisting of twelve 30-day months), ) at the applicable Treasury Yield Rate plus 40 basis points, plus, in each case (as defined belowa) and (b), as determined by the Reference Treasury Dealers, plus 30 basis points (such greater amount, the “Make-Whole Redemption Price”), plus (b) accrued and unpaid interest, if any, interest on the Notes to the date of redemption. On or after May 15, 2026, the Notes will be redeemable at the option of the Company, in whole at any time or in part from time to time, on at least 30 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to 100% of the principal amount of the Notes being redeemed to be redeemed but excluding the Redemption Date (the “Par Call Redemption Price” and, together with the Make-Whole Redemption Price, the “Redemption Price”). The date of any such redemption is known as the “Redemption Date”. The Treasury Rate will be calculated on the third Business Day immediately preceding the Redemption Date. Notwithstanding the foregoing, plus accrued and unpaid installments of interest on Notes that are due and payable on Interest Payment Dates falling on or prior to a Redemption Date will be payable on the Interest Payment Date to the registered Holders as of the close of business on the relevant Regular Record Date. If the Company redeems fewer than all of the outstanding Notes, the Trustee will select the Notes to be redeemed to in accordance with the date provisions of redemptionSection 11.3 of the Indenture. For purposes The Notes will be redeemed in integral multiples of determining $1,000 principal amount; provided, however, that no Notes in a principal amount of $2,000 or less will be redeemed in part. The Company may not give notice of any redemption if the Redemption Price, Company has defaulted in payment of interest and the following definitions are applicable:default is continuing.
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Optional Redemption by the Company. At any time prior to May 15August 25, 20262022 (the “Par Call Date”), the Notes will be redeemable at the option of the Company, at any time in whole or from time to time in part, on at least 30 15 days but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to (a) the greater of (i) 100% of their principal amount to be redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest (at the rate in effect on the date of calculation of the redemption price) on the Notes to be redeemed that would be due if such Notes matured on the Par Call Date (exclusive of interest accrued but unpaid to the Redemption Date) discounted to their present value as of such Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months), at the applicable Treasury Yield (as defined below), as determined by the Reference Treasury Dealers, plus 30 20 basis points (such greater amount, the “Make-Whole Redemption Price”), plus (b) accrued and unpaid interest, if any, on the Notes to the date of redemption. On or after May 15August 25, 20262022, the Notes will be redeemable at the option of the Company, in whole at any time or in part from time to time, on at least 30 15 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed (the “Par Call Redemption Price” and, together with the Make-Whole Redemption Price, the “Redemption Price”), plus accrued and unpaid interest on the Notes to be redeemed to the date of redemption. For purposes of determining the Redemption Price, the following definitions are applicable:
Appears in 1 contract
Samples: Pooling Agreement (Bunge LTD)
Optional Redemption by the Company. At any time prior to May 15, 2026[ ] (the “Par Call Date”), the Notes will be redeemable at the option of the Company, at any time in whole or from time to time in part, on at least 30 15 days but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to (a) the greater of (i) 100% of their principal amount to be redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest (at the rate in effect on the date of calculation of the redemption price) on the Notes to be redeemed that would be due if such Notes matured on the Par Call Date (exclusive of interest accrued but unpaid to the Redemption Date) discounted to their present value as of such Redemption Date Date, on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months), at the applicable Treasury Yield (as defined below), as determined by the Reference Treasury Dealers, plus 30 [ ] basis points (such greater amount, the “Make-Whole Redemption Price”), plus (b) accrued and unpaid interest, if any, on the Notes to the date of redemption. On or after May 15, 2026[ ], the Notes will be redeemable at the option of the Company, in whole at any time or in part from time to time, on at least 30 15 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed (the “Par Call Redemption Price” and, together with the Make-Whole Redemption Price, the “Redemption Price”), plus accrued and unpaid interest on the Notes to be redeemed to the date of redemption. For purposes of determining the Redemption Price, the following definitions are applicable:
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Optional Redemption by the Company. At any time prior Prior to May 15, 2026the Par Call Date, the Notes will be redeemable at the option of the Company, at any time in whole or from time to time in part, on at least 30 15 days but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to (a) the greater of (i) 100% of their principal amount to be redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest (at the rate in effect on the date of calculation of the redemption price) on thereon from the Notes date of redemption to be redeemed the Par Call Date (exclusive of interest except for currently accrued but unpaid to the Redemption Dateinterest) discounted to their present value as the date of such Redemption Date redemption, on a semi-annual an annual, ACTUAL/ACTUAL (ICMA) basis (assuming a 360-day year consisting as defined in the rulebook of twelve 30-day monthsthe International Capital Market Association)), at the applicable Treasury Yield Comparable Government Bond Rate (as defined below), as determined by the Reference Treasury Dealers, plus 30 35 basis points (such greater amount, the “Make-Whole Redemption Price”), plus (b) accrued and unpaid interest, if any, on the Notes to the date of redemption. On or and after May 15, 2026the Par Call Date, the Notes will be redeemable at the option of the Company, in whole at any time or in part from time to time, on at least 30 days’ 15 days but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed (the “Par Call Redemption Price” and, together with the Make-Whole Redemption Price, the “Redemption Price”), ) plus accrued and unpaid interest on the Notes to be redeemed to the date of redemption. For purposes of determining the Redemption Price, the following definitions are applicable:
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Optional Redemption by the Company. At any time prior Prior to May 15, 2026the Par Call Date, the Notes will be redeemable at the option of the Company, at any time in whole or from time to time in part, on at least 30 days but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to (a) the greater of (i) 100% of their principal amount to be redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest (at the rate in effect on the date of calculation of the redemption price) on thereon from the Notes date of redemption to be redeemed the Par Call Date (exclusive of interest except for currently accrued but unpaid to the Redemption Dateinterest) discounted to their present value as the date of such Redemption Date redemption, on a semi-annual an annual, ACTUAL/ACTUAL (ICMA) basis (assuming a 360-day year consisting as defined in the rulebook of twelve 30-day monthsthe International Capital Market Association)), at the applicable Treasury Yield Comparable Government Bond Rate (as defined below), as determined by the Reference Treasury Dealers, plus 30 35 basis points (such greater amount, the “Make-Whole Redemption Price”), plus (b) accrued and unpaid interest, if any, on the Notes to the date of redemption. On or and after May 15, 2026the Par Call Date, the Notes will be redeemable at the option of the Company, in whole at any time or in part from time to time, on at least 30 days’ days but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed (the “Par Call Redemption Price” and, together with the Make-Whole Redemption Price, the “Redemption Price”), ) plus accrued and unpaid interest on the Notes to be redeemed to the date of redemption. For purposes of determining the Redemption Price, the following definitions are applicable:
Appears in 1 contract
Samples: Pooling Agreement (Bunge LTD)
Optional Redemption by the Company. At any time prior to May February 15, 20262024 (the “Par Call Date”), the Notes will be redeemable at the option of the Company, at any time in whole or from time to time in part, on at least 30 15 days but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to (a) the greater of (i) 100% of their principal amount to be redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest (at the rate in effect on the date of calculation of the redemption price) on the Notes to be redeemed that would be due if such Notes matured on the Par Call Date (exclusive of interest accrued but unpaid to the Redemption Date) discounted to their present value as of such Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months), at the applicable Treasury Yield (as defined below), as determined by the Reference Treasury Dealers, plus 30 25 basis points (such greater amount, the “Make-Whole Redemption Price”), plus (b) accrued and unpaid interest, if any, on the Notes to the date of redemption. On or after May February 15, 20262024, the Notes will be redeemable at the option of the Company, in whole at any time or in part from time to time, on at least 30 15 days’ but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed (the “Par Call Redemption Price” and, together with the Make-Whole Redemption Price, the “Redemption Price”), plus accrued and unpaid interest on the Notes to be redeemed to the date of redemption. For purposes of determining the Redemption Price, the following definitions are applicable:
Appears in 1 contract
Samples: Pooling Agreement (Bunge LTD)
Optional Redemption by the Company. At any time prior Prior to May 15, 2026the Par Call Date, the Notes will be redeemable at the option of the Company, in whole at any time or in whole or part from time to time in parttime, on at least 30 days but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to (a) the greater of (i) 100% of their principal amount to be redeemed and (ii) the sum of the present values of the remaining scheduled payments of principal and interest (at the rate in effect on thereon from the date of calculation of redemption to the redemption price) on the Notes to be redeemed Par Call Date (exclusive of interest except for currently accrued but unpaid to the Redemption Dateinterest) discounted to their present value as the date of such Redemption Date redemption, on a semi-an annual basis (assuming a 360-day year consisting ACTUAL/ACTUAL (ICMA) (as defined in the rulebook of twelve 30-day monthsthe International Capital Markets Association)), at the applicable Treasury Yield Comparable Government Bond Rate (as defined below), as determined by the Reference Treasury Dealers, plus 30 [•] basis points (such greater amount, the “Make-Whole Redemption Price”), plus (b) accrued and unpaid interest, if any, on the Notes to the date of redemption. On or and after May 15, 2026the Par Call Date, the Notes will be redeemable at the option of the Company, in whole at any time or in part from time to time, on at least 30 days’ days but not more than 60 days’ prior notice mailed to the registered address of each Holder of Notes to be so redeemed, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed (the “Par Call Redemption Price” and, together with the Make-Whole Redemption Price, the “Redemption Price”), ) plus accrued and unpaid interest on the Notes to be redeemed to the date of redemption. For purposes of determining the Redemption Price, the following definitions are applicable:
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