Common use of Optional Redemption Upon Public Equity Offerings Clause in Contracts

Optional Redemption Upon Public Equity Offerings. The Company may redeem in the aggregate up to 35% of the aggregate principal amount of Notes originally issued at any time and from time to time prior to August 15, 2007 at a Redemption Price equal to 109.00% of the aggregate principal amount so redeemed, plus accrued and unpaid interest, if any, to the Redemption Date out of the Net Proceeds of one or more Public Equity Offerings; provided that (1) at least 65% of the principal amount of Notes originally issued remains outstanding immediately after the occurrence of any such redemption; and (2) any such redemption occurs within 60 days following the closing of such Public Equity Offering.

Appears in 2 contracts

Samples: Indenture (Affinity Group Holding, Inc.), Indenture (Affinity Group Inc)

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Optional Redemption Upon Public Equity Offerings. The Company may redeem in the aggregate up to 35% of the aggregate principal amount of Notes originally issued at any time and from time to time prior to August 15, 2007 at a Redemption Price equal to 109.00% of the aggregate principal amount so redeemed, plus accrued and unpaid interest, if any, to the Redemption Date out of the Net Proceeds of one or more Public Equity Offerings; provided that (1) at least 65% of the principal amount of Notes originally issued remains outstanding immediately after the occurrence of any such redemption; redemption and (2) any such redemption occurs within 60 days following the closing of such Public Equity Offering.

Appears in 2 contracts

Samples: Indenture (Affinity Group Inc), Indenture (Affinity Group Holding, Inc.)

Optional Redemption Upon Public Equity Offerings. The Company Issuers may redeem in the aggregate up to 35% of the aggregate principal amount of Notes originally issued at any time and from time to time prior to August December 15, 2007 2006 at a Redemption Price equal to 109.00107.500% of the aggregate principal amount so redeemed, plus accrued and unpaid interest, if any, to the Redemption Date out of the Net Proceeds of one or more Public Equity Offerings; provided that (1) at least 65% of the principal amount of Notes originally issued remains outstanding immediately after the occurrence of any such redemption; and (2) any such redemption occurs within 60 90 days following the closing of such Public Equity Offering.

Appears in 1 contract

Samples: Indenture (3055854 Nova Scotia Co)

Optional Redemption Upon Public Equity Offerings. The At any time, or from time to time, on or prior to April 15, 2007, the Company may may, at its option, use the net cash proceeds of one or more Public Equity Offerings to redeem in the aggregate up to 35% of the aggregate principal amount of the Notes originally issued at any time and from time to time prior to August 15, 2007 under the Indenture at a Redemption Price equal to 109.00redemption price of 108% of the aggregate principal amount so redeemed, thereof plus accrued and unpaid interestinterest thereon, if any, to the Redemption Date out date of the Net Proceeds of one or more Public Equity Offeringsredemption; provided that (1i) at least 65% of the principal amount of Notes originally issued under the Indenture remains outstanding immediately after the occurrence of any such redemption; and (2ii) any the Company makes such redemption occurs within 60 not more than 90 days following after the closing consummation of any such Public Equity Offering.

Appears in 1 contract

Samples: Indenture (Standard Commercial Corp)

Optional Redemption Upon Public Equity Offerings. The Notwithstanding the foregoing, the Company may redeem in the aggregate up to 35% of the aggregate original principal amount of Notes originally issued at any time and from time to time prior to August 15February 2, 2007 2003 at a Redemption Price equal to 109.00112.75% of the aggregate principal amount so redeemed, plus accrued and unpaid interest, if any, to the Redemption Date out of the Net Proceeds of one or more Public Equity Offerings; provided that (1) at least 65% of the principal amount of Notes originally issued remains outstanding immediately after the occurrence of any such redemption; , and (2) any such redemption occurs within 60 days following the closing of any such Public Equity Offering.

Appears in 1 contract

Samples: Supplemental Indenture (Aavid Thermal Technologies Inc)

Optional Redemption Upon Public Equity Offerings. The Company may redeem in the aggregate up to 35% of the aggregate principal amount of Notes originally issued at any time and from time to time prior to August February 15, 2007 2008 at a Redemption Price equal to 109.00110.875% of the aggregate principal amount so redeemed, plus accrued and unpaid interest, if any, to the Redemption Date out of the Net Proceeds of one or more Public Equity Offerings; provided that (1) at least 65% of the principal amount of Notes originally issued outstanding at the time of such redemption remains outstanding immediately after the occurrence of any such redemption; and (2) any such redemption occurs within 60 days following the closing of such Public Equity Offering.

Appears in 1 contract

Samples: Supplemental Indenture (Affinity Group Holding, Inc.)

Optional Redemption Upon Public Equity Offerings. The Company Issuers may redeem in the aggregate up to 35% of the aggregate principal amount of Notes originally issued at any time and from time to time prior to August December 15, 2007 2006 at a Redemption Price equal to 109.00107.500% of the aggregate principal amount so redeemed, plus accrued and unpaid interest, if any, to the Redemption Date out of the Net Proceeds of one or more Public Equity Offerings; provided that (1) at least 65% of the principal amount of Notes originally issued remains outstanding immediately after the occurrence of any such redemption; redemption and (2) any such redemption occurs within 60 90 days following the closing of such Public Equity Offering.

Appears in 1 contract

Samples: Indenture (3055854 Nova Scotia Co)

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Optional Redemption Upon Public Equity Offerings. The At any time, or from time to time, on or prior to April 15, 2000, the Company may redeem may, at its option, use the net cash proceeds of one or more Public Equity Offerings (as defined in the aggregate Indenture) to redeem up to 35% of the aggregate principal amount of Notes originally issued at any time and from time to time prior to August 15, 2007 at a Redemption Price redemption price equal to 109.00112.625% of the aggregate principal amount so redeemedthereof plus, plus in each case, accrued and unpaid interest, if any, interest to the Redemption Date out date of the Net Proceeds of one or more Public Equity Offeringsredemption; provided that (1) that at least 65% of the principal amount of Notes originally issued remains outstanding immediately after the occurrence of any such redemption; and (2) . In order to effect the foregoing redemption with the proceeds of any Public Equity Offering, the Company shall make such redemption occurs within 60 not more than 120 days following after the closing consummation of any such Public Equity Offering.

Appears in 1 contract

Samples: Indenture (Del Monte Foods Co)

Optional Redemption Upon Public Equity Offerings. The At any time, or from time to time, on or prior to January 15, 2000, the Company may redeem may, at its option, use the net cash proceeds of one or more Public Equity Offerings (as defined in the aggregate Indenture) to redeem up to 35% of the aggregate principal amount of Notes originally issued at any time and from time to time prior to August 15, 2007 at a Redemption Price redemption price equal to 109.00110% of the aggregate principal amount so redeemedthereof plus, plus in each case, accrued and unpaid interest, if any, interest to the Redemption Date out date of the Net Proceeds of one or more Public Equity Offeringsredemption; provided that (1) that at least 65% of the principal amount of Notes originally issued remains outstanding immediately after the occurrence of any such redemption; and (2) . In order to effect the foregoing redemption with the proceeds of any Public Equity Offering, the Company shall make such redemption occurs within 60 not more than 120 days following after the closing consummation of any such Public Equity Offering.

Appears in 1 contract

Samples: Indenture (Collins & Aikman Floor Coverings Inc)

Optional Redemption Upon Public Equity Offerings. The Notwithstanding the foregoing, the Company may redeem in the aggregate up to 35% of the aggregate original principal amount of Notes originally issued at any time and from time to time prior to August 15February 2, 2007 2003 at a Redemption Price equal to 109.00112.75% of the aggregate principal amount so redeemed, plus accrued and unpaid interest, if any, to the Redemption Date out of the Net Proceeds of one or more Public Equity Offerings; provided that (1) at least 65% of the principal amount of Notes originally issued remains outstanding immediately after the occurrence of any such redemption; redemption and (2) any such redemption occurs within 60 days following the closing of any such Public Equity Offering.

Appears in 1 contract

Samples: Indenture (Aavid Thermal Technologies Inc)

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