Common use of Optional Redemption for Changes in Withholding Taxes Clause in Contracts

Optional Redemption for Changes in Withholding Taxes. (a) The Issuers are entitled to redeem Notes, at their option, at any time in whole but not in part, upon not less than 30 nor more than 60 days’ notice to the Holders, at a redemption price equal to 100% of the outstanding principal amount thereof, plus accrued and unpaid interest, if any, to the date of redemption (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date), in the event any Payor has become or would become obligated to pay, on the next date on which any amount would be payable with respect to the Notes, any Additional Amounts (but, in the case of a Guarantor, only if such amount could not be paid by the Issuers or another Note Guarantor who can pay such amount without the obligation to pay Additional Amounts), in each case, as a result of:

Appears in 2 contracts

Samples: Indenture (Huntsman International LLC), Indenture (Venator Materials PLC)

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Optional Redemption for Changes in Withholding Taxes. (a) The Issuers are Issuer is entitled to redeem Notes, at their option, at any time in whole but not in part, upon not less than 30 nor more than 60 days’ notice to the HoldersHolders of the Notes, at a redemption price equal to 100% of the outstanding principal amount thereof, plus accrued and unpaid interest, if any, to the date of redemption (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date), in the event any Payor has become or would become obligated to pay, on the next date on which any amount would be payable with respect to the Notes, any Additional Amounts (but, in the case of a Guarantor, only if such amount could not be paid by the Issuers Issuer or another Note Guarantor who can pay such amount without the obligation to pay Additional Amounts), in each case, as a result of:

Appears in 2 contracts

Samples: Tronox LTD, Tronox LTD

Optional Redemption for Changes in Withholding Taxes. (a) The Issuers are Company shall be entitled to redeem Notesany series of Securities, at their its option, at any time in whole but not in part, upon not less than 30 nor more than 60 days’ notice to the Holders, at a redemption price equal to 100% of the outstanding principal amount thereof, plus accrued and unpaid interest, if any, to the date of redemption (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date), in the event any Payor has become or would become obligated to pay, on the next date on which any amount would be payable with respect to the Notessuch series of Securities, any Additional Amounts (but, in the case of a Guarantor, only if such amount could not be paid by the Issuers Company or another Note Guarantor who can pay such amount without the obligation to pay Additional Amounts), in each case, as a result of:

Appears in 1 contract

Samples: Indenture (Warner Chilcott LTD)

Optional Redemption for Changes in Withholding Taxes. (a) The Issuers are Issuer is entitled to redeem Notes, at their its option, at any time in whole but not in part, upon not less than 30 nor more than 60 days’ notice to the HoldersHolders of the Notes, at a redemption price equal to 100% of the outstanding principal amount thereof, plus accrued and unpaid interest, if any, to to, but excluding, the date of redemption (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date), in the event any Payor has become or would become obligated to pay, on the next date on which any amount would be payable with respect to the Notes, any Additional Amounts (but, in the case of a Guarantor, only if such amount could not be paid by the Issuers Issuer or another Note Guarantor who can pay such amount without the obligation to pay Additional Amounts), in each case, as a result of:

Appears in 1 contract

Samples: Intercreditor Agreement (Tronox Holdings PLC)

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Optional Redemption for Changes in Withholding Taxes. (a) The Issuers are entitled to redeem the Notes, at their option, at any time in whole but not in part, upon not less than 30 nor more than 60 days’ notice to the Holders, at a redemption price equal to 100% of the outstanding principal amount thereof, plus accrued and unpaid interest, if any, to to, but excluding, the date of redemption (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date that is on or prior to the redemption date), in the event any Payor has become or would become obligated to pay, on the next date on which any amount would be payable with respect to the Notes, any Additional Amounts (but, in the case of a Guarantor, only if such amount could not be paid by the Issuers or another Note Guarantor who can pay such amount without the obligation to pay Additional Amounts), in each case, as a result of:

Appears in 1 contract

Samples: Indenture (Venator Materials PLC)

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