Optional Redemption; Election to Redeem. The Servicer shall have the option to redeem not less than all of the Notes and thereby cause the early repayment of the Notes on any date after the Optional Redemption Date by payment of an amount equal to the Redemption Price and any amounts, fees and expenses that are required to be paid pursuant to Section 6.6(b) hereof (unless amounts in the Trust Accounts are sufficient to make such payments).
Optional Redemption; Election to Redeem. The Issuer will have the option to redeem all, but not less than all of the Notes and thereby cause the early repayment of the Notes on any Payment Date on or after the Optional Redemption Date.
Optional Redemption; Election to Redeem. (a) The Notes may be redeemed in part by the Issuer at the Partial Redemption Price on any Payment Date on which the outstanding Pool B Aggregate Discounted Contract Balance is less than 20% of the outstanding Pool B Aggregate Discounted Contract Balance as of the Closing Date. The Notes may be redeemed by the Issuer, in whole but not in part, at the Redemption Price on any Payment Date on which the Pool A Aggregate Discounted Contract Balance is less than 10% of the Pool A Aggregate Discounted Contract Balance as of the Closing Date and the Pool B Aggregate Discounted Contract Balance is less than 20% of the Pool B Aggregate Discounted Contract Balance as of the Closing Date. The Issuer, by an Authorized Officer of the Managing Member, shall set the Redemption Date and the Redemption Record Date and give notice thereof to the Trustee. Notice of redemption or partial redemption having been given as provided in the Amended and Restated Indenture, the Notes shall, on the applicable Redemption Date, become due and payable at the Redemption Price or Partial Redemption Price, as applicable. The respective Noteholders shall be paid the Redemption Price or Partial Redemption Price, as applicable, by the Trustee to the extent of Available Funds on deposit in the Collection Account, and upon presentation and surrender of the Notes on behalf of the Issuer; PROVIDED, HOWEVER, that installments of principal and interest which are due on or prior to the Redemption Date shall be payable to the respective Noteholders registered as such on the relevant Record Dates or Redemption Record Dates, as applicable, according to their terms.
Optional Redemption; Election to Redeem. 77 SECTION 10.2. Notice to Indenture Trustee. 77 SECTION 10.3. Notice of Redemption by the Servicer. 77
Optional Redemption; Election to Redeem. 78 SECTION 10.2. Notice to Indenture Trustee. 78 SECTION 10.3. Notice of Redemption by the Servicer. 78 SECTION 10.4. Deposit of Redemption Price. 78 SECTION 10.5. Notes Payable on Redemption Date. 79 ARTICLE XI. SATISFACTION AND DISCHARGE 79 SECTION 11.1. Satisfaction and Discharge of Indenture. 79
Optional Redemption; Election to Redeem. The Notes may be redeemed by the Issuer, in whole but not in part, as to the then Outstanding Offered Notes, on any Payment Date when (i) the Outstanding [Class A] Note Balance is less than or equal to ___% of the initial [Class A] Note Balance and (ii) the Outstanding [Class B] Note Balance is less than or equal to ___% of the initial [Class B] Note Balance, at the Redemption Price. The Issuer, by an Authorized Officer, shall set the Redemption Date and the Redemption Record Date and give notice thereof to the Indenture Trustee pursuant to Section 10.02.
Optional Redemption; Election to Redeem. Notice to Trustee 79 Section 13.02. Notice of Optional Redemption; Selection of Securities to Be Redeemed 79 Section 13.03. Payment of Securities Called for Redemption 80 Section 13.04. Restrictions on Redemption 81 Section 13.05. Conversion 81 Section 13.06. Redemption Prohibited in Certain Circumstances 81 Article 14 Miscellaneous Section 14.01. Notices 81 Section 14.02. Communication by Holders with Other Holders 83 Section 14.03. Certificate and Opinion as to Conditions Precedent 83 Section 14.04. Statements Required in Certificate or Opinion 84 Section 14.05. Rules by Trustee and Agents 84 Section 14.06. Legal Holidays 84 Section 14.07. Duplicate Originals 84 Section 14.08. Facsimile and PDF Delivery of Signature Pages 84 Section 14.09. Governing Law 85 Section 14.10. No Adverse Interpretation of Other Agreements 86 Section 14.11. Successors 86 Section 14.12. Separability 86 Section 14.13. Table of Contents, Headings, Etc. 86 Section 14.14. Calculations in Respect of the Securities 86 Section 14.15. No Personal Liability of Directors, Officers, Employees or Shareholders 86 Section 14.16. Force Majeure 86 Section 14.17. Trust Indenture Act Controls 87 Section 14.18. No Security Interest Created 87 Section 14.19. Benefits of Indenture. 87 Section 14.20. Withholding 87 Section 14.21. U.S.A. Patriot Act 88 Article 15 SUBORDINATION OF SECURITIES Section 15.01. Agreement to Subordinate 88 Section 15.02. Payments to Holders 88 Section 15.03. Subrogation of Securities 90 Section 15.04. Authorization by Holders 92 Section 15.05. No Impairment of Subordination 92 Section 15.06. Designated Senior Indebtedness Entitled to Rely 92 EXHIBITS Exhibit A Form of Security Exhibit B-1A Form of Security Private Placement Legend Exhibit B-1B Form of Common Stock Private Placement Legend Exhibit B-2 Form of Legend for Global Security Exhibit B-3 Form of Original Issue Discount Legend Exhibit C Form of Notice of Transfer Pursuant to Registration Statement Exhibit D Form of Certificate of Transfer Exhibit E Form of Certificate of Exchange AZZ INC. Reconciliation and tie between Trust Indenture Act of 1939 and Indenture, dated as of May 13, 2022 § 310(a)(1) 7.09 (a)(2) 7.09
Optional Redemption; Election to Redeem. 73 SECTION 10.02 Notice to Trustee.............................................73 SECTION 10.03 Notice of Redemption by the Issuer............................73 SECTION 10.04 Deposit of the Redemption Price...............................74 SECTION 10.05 Notes Payable on Redemption Date..............................74
Optional Redemption; Election to Redeem. (a) The Notes may be redeemed by the Issuer, in whole but not in part, at the Redemption Price on any Payment Date on which the Aggregate Discounted Contract Balance is less than 10% of the Initial Aggregate Discounted Contract Balance. The Issuer, by an Authorized Officer of the Managing Member, shall set the Redemption Date and the Redemption Record Date and give notice thereof to the Trustee. Notice of redemption having been given as provided in the Amended and Restated Indenture, the Notes shall, on the Redemption Date, become due and payable at the Redemption Price. The Noteholders shall be paid the Redemption Price by the Trustee to the extent of Available Funds on deposit in the Collection Account, and upon presentation and surrender of the Notes on behalf of the Issuer; PROVIDED, HOWEVER, that installments of principal and interest which are due on or prior to the Redemption Date shall be payable to the Noteholders registered as such on the relevant Record Dates or Redemption Record Date, as applicable, according to their terms.
Optional Redemption; Election to Redeem. (a) The Notes may be redeemed by the Company, in whole but not in part, at the Redemption Price on any Monthly Payment Date on which the Note Principal Balance is less than 10% of the Note Principal Balance as of the first day of the Note Amortization Period (after giving effect to payments of principal on such Monthly Payment Date).
