Optional Redemption Price. 19 Outstanding......................................................... 7
Optional Redemption Price. A Notice of Optional Redemption may not be conditional. Failure to give such notice by mail or any defect in the notice to any New Noteholder shall not affect the validity of the proceedings for the redemption with respect to the New Limestone Notes held by other New Noteholders. Each Notice of Optional Redemption shall be given at least 30 days but not more than 60 days before the applicable Optional Redemption Date and shall specify (a) the Optional Redemption Date; (b) the formula by which the Optional Redemption Price will be calculated on the Optional Redemption Date, and the amount of accrued and unpaid interest, if any, to be due as of the Optional Redemption Date as a part of the Optional Redemption Price; (c) that on the Optional Redemption Date, the Optional Redemption Price will become due and payable upon each such New Limestone Note to be redeemed and that interest shall cease to accrue on such New Limestone Note on and after such date; (d) if any New Limestone Note is being redeemed in part, the portion of the principal amount of such New Limestone Note to be redeemed and that, after the Optional Redemption Date, upon surrender of such New Limestone Note, a new New Limestone Note or new New Limestone Notes in principal amount equal to the unredeemed portion shall be issued upon cancellation of the original New Limestone Note; (e) the name and address of the Paying Agent; (f) that New Limestone Notes called for redemption must be surrendered to the Paying Agent to collect the Optional Redemption Price; (g) the paragraph of the New Limestone Notes and/or the Section of this New Indenture pursuant to which the New Limestone Notes called for redemption are being redeemed; and (h) that no representation is made as to the correctness or accuracy of the CUSIP or ISIN number, if any, listed in such notice or printed on the New Limestone Notes.
Optional Redemption Price. The "OPTIONAL REDEMPTION PRICE" shall mean the principal amount of this Debenture being redeemed MULTIPLIED BY the Optional Redemption Percentage. The "OPTIONAL REDEMPTION PERCENTAGE" shall mean, where "X" represents the Issue Date: Number of Months After Issue Date Optional Redemption Percentage ---------------- ------------------------------ 36 < X <= 48 103% 48 < X <- 60 100%
Optional Redemption Price. (a) The "Optional Redemption Price" ------------------------- payable with respect to any Optional Redemption shall be (x)
(i) in the case of an Exchange Date Optional Redemption, the portion of the original principal amount of this Note sought to be exchanged in such Exchange Notice (i.e., excluding compoundings of interest pursuant to Section 2.1(b)), or (ii) in the case of a Standstill Period Optional Redemption, the unpaid principal amount of this Note, as reduced to permit the Exchange of Shares provided by Section 4.1 (ii), multiplied by (y) fourteen percent (14%) per year, in either case from and including the Issue Date to but excluding the date of payment of the Optional Redemption Price, compounded annually, for the actual number of days elapsed.
(b) The Company shall pay the Optional Redemption Price to the Holder, in immediately available funds, on the Optional Redemption Date for such Optional Redemption. If the Company fails to pay the Optional Redemption Price to the Holder on the Optional Redemption Date, then the Holder shall be entitled to interest on the unpaid portion of such redemption payment at the Default Rate from the Optional Redemption Date until the Optional Redemption Price and all accrued interest thereon is paid in full. In the event the Company redeems the entire remaining unpaid principal amount of this Note, together with all interest accrued thereon and all other amounts due in connection therewith, the Holder shall return this Note to the Company for cancellation.
Optional Redemption Price. The "Optional Redemption Price" to be paid by the Corporation to each Holder in the event of an Optional Redemption shall be equal to (A) (i) the aggregate Stated Value of the Preferred Shares held by such Holder as of the Optional Redemption Date times (ii) 110% plus (B) all accrued and unpaid Premium thereon.
Optional Redemption Price. 102.00 per cent. of the aggregate principal amount of the relevant Series of Notes. Make-Whole Call .......................... Prior to 25 April 2025, being the first anniversary of the Issue Date, the Company will be entitled, at its option, to redeem all or a portion of the Notes at the greater of (i) the Optional Redemption Price, and (ii) the Make-Whole Redemption Price and accrued and unpaid interest to the redemption date. See “Terms and Conditions of the 2029 Notes—Redemption and Purchase—Make-Whole Call” and “Terms and Conditions of the 2030 Notes—Redemption and Purchase—Make- Whole Call”. Optional Redemption ................... At any time on or after 25 April 2025, being the first anniversary of the Issue Date, the Notes are subject to redemption at the option of the Company, at any time, at the Optional Redemption Price. See “Terms and Conditions of the 2029 Notes—Redemption and Purchase— Optional Redemption” and “Terms and Conditions of the 2030 Notes— Redemption and Purchase—Optional Redemption”.
Optional Redemption Price. The "Optional Redemption Price" -------------------------- -------------------------- shall mean the Stated Value of the Preferred Shares being redeemed multiplied by ------------- (A) 103% if the Optional Redemption Date occurs during the twelve (12) month period beginning on the Initial Optional Redemption Date and (B) 100% if the Optional Redemption Date occurs after the last day of such twelve (12) month period.
Optional Redemption Price. If the Securities are only partially redeemed by the Company pursuant to an Optional Redemption, the Securities will be redeemed pro rata or by lot or by any other method utilized by the Trustee; provided that if, at the time of redemption, the Securities are registered as a Global Security, the Depositary shall determine the principal amount of such Securities held by each Security Beneficial Owner to be redeemed in accordance with its procedures. Any redemption of the Securities of this series, in whole or in part, prior to the stated maturity date is subject to receipt by the Company of prior written approval from the Federal Reserve Bank of New York, if then required under applicable capital adequacy guidelines, regulations or policies of the Board of Governors of the Federal Reserve System. [The Securities of this series are subject to redemption upon not less than 30 days' nor, more than 60 days' notice by mail, (1) on ________ in any year commencing with the year ____ and ending with the year ____ through operation of the sinking fund for this series at a Redemption Price of ___, (2) at any time [on or after ________, 199__, as a whole or in part, at the election of the Company, at the following Redemption Prices (expressed as percentages of the principal amount): If redeemed [on or before ____, ___, and if redeemed during the 12-month period beginning ___________ of the years indicated, and thereafter at a Redemption Price equal to ___% of the principal amount, together in the case of any such redemption (whether through operation of the sinking fund or otherwise) with accrued interest to the Redemption Date, but interest installments whose Stated Maturity is on or prior to such Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities, of record at the close of business on the relevant Record Dates referred to on the face hereof, all as provided in the Indenture.] [Notwithstanding the foregoing, the Company may not, prior to ______, redeem any Securities of this series as contemplated by Clause (2) of the preceding paragraph as a part of, or in anticipation of, any refunding operation by the application, directly or indirectly, of monies borrowed having an interest cost to the Company (calculated in accordance with generally accepted financial practice) of less than ___% per annum.] [The sinking fund for this series provides for the redemption on ________ in each year beginning with the year _______ a...
Optional Redemption Price. The Corporation shall have the right to redeem, in whole or in part, the Series B Preferred Shares with funds legally available for such purpose. Any such redemption shall occur on a date set by the Corporation (the "Optional Redemption Date") and the Corporation shall effect any such redemption by paying cash for each Series B Preferred Shares to be redeemed at the redemption prices (each, a "Redemption Price") set forth below:
(i) at any time on or prior to September 1,2012, on a pro-rata basis at a redemption price equal to 100% of the Series B Liquidation Preference, plus an amount equal to all accumulated and unpaid dividends thereon to the date of redemption;
(ii) thereafter, at any time on or prior to September 1, 2013, on a pro rata basis at a redemption price equal to 102.25% of the Series B Liquidation Preference, plus an amount equal to all accumulated and unpaid dividends thereon to the date of redemption;
(iii) thereafter, at any time on or prior to September 1, 2014, on a pro rata basis at a redemption price equal to 103.75% of the Series B Liquidation Preference, plus an amount equal to all accumulated and unpaid dividends thereon to the date of redemption; and
(iv) thereafter, at any time on a pro rata basis, at a redemption price equal to 105% of the Series B Liquidation Preference, plus an amount equal to all accumulated and unpaid dividends thereon to the date of redemption. If the Series B Preferred Shares are held of record by the nominee of the Securities Depository, the Redemption Price shall be paid by the Paying Agent to the Securities Depository on the Redemption Date.
Optional Redemption Price. 17 optional sinking fund payment ................................ 69 Outstanding .................................................. 5
