Common use of Optional Redemption upon Sale of Equity Interests Clause in Contracts

Optional Redemption upon Sale of Equity Interests. (a) At any time prior to January 20, 2020, the Company or the Guarantor may, on any one or more occasions, redeem up to 35% of the aggregate principal amount of Notes issued under this Indenture at a Redemption Price of 107.000% of the principal amount, plus accrued and unpaid interest to the Redemption Date, using cash in an amount up to the amount of the net cash proceeds of a sale of Equity Interests (other than Disqualified Stock) of the Company or the Guarantor or any Subsidiary thereof; provided that: (i) at least 65% of the aggregate principal amount of Notes originally issued under this Indenture (excluding Notes held by the Guarantor and its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) the redemption occurs within 90 days of the date of the closing of such sale of Equity Interests. (b) Notice of any redemption upon any sale of Equity Interests may be given prior to the completion thereof, and any such redemption or notice may, at the Company’s or the Guarantor’s discretion, be subject to one or more condition precedent, including, but not limited to, completion of the related sale.

Optional Redemption upon Sale of Equity Interests. (a) At any time prior to January 20March 14, 20202016, the Company or the Guarantor may, on any one or more occasions, redeem up to 35% of the aggregate principal amount of Notes notes issued under this Indenture at a Redemption Price of 107.000105.00% of the principal amount, plus accrued and unpaid interest to the Redemption Date, using cash in an amount up to the amount of the net cash proceeds of a sale of Equity Interests (other than Disqualified Stock) of the Company or the Guarantor or any Subsidiary thereof; provided that: (i) at least 65% of the aggregate principal amount of Notes notes originally issued under this Indenture (excluding Notes notes held by the Guarantor Company and its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) the redemption occurs within 90 days of the date of the closing of such sale of Equity Interests. (b) Notice of any redemption upon any sale of Equity Interests may be given prior to the completion thereof, and any such redemption or notice may, at the Company’s or the Guarantor’s discretion, be subject to one or more condition precedent, including, but not limited to, completion of the related sale.

Optional Redemption upon Sale of Equity Interests. (a) At any time prior to January September 20, 2020, the Company or the Guarantor may, on any one or more occasions, redeem up to 35% of the aggregate principal amount of Notes issued under this Indenture (including any Additional Notes) at a Redemption Price of 107.000105.950% of the principal amount, plus accrued and unpaid interest to to, but excluding, the Redemption Date, using cash in an amount up to the amount of the net cash proceeds of a sale of Equity Interests (other than Disqualified Stock) of the Company or the Guarantor or any Subsidiary thereof; provided that: (i) at least 65% of the aggregate principal amount of Notes originally issued under this Indenture (including any Additional Notes) (excluding Notes held by the Guarantor Company and its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) the redemption occurs within 90 days of the date of the closing of such sale of Equity Interests. (b) Notice of any redemption upon any sale of Equity Interests may be given prior to the completion thereof, and any such redemption or notice may, at the Company’s or the Guarantor’s discretion, be subject to one or more condition precedent, including, but not limited to, completion of the related sale.

Optional Redemption upon Sale of Equity Interests. (a) At any time prior to January September 20, 20202024, the Company or the Guarantor may, on any one or more occasions, redeem up to 35% of the aggregate principal amount of Notes issued under this Indenture (including any Additional Notes) at a Redemption Price of 107.000105.500% of the principal amount, plus accrued and unpaid interest to to, but excluding, the Redemption Date, using cash in an amount up to the amount of the net cash proceeds of a sale of Equity Interests (other than Disqualified Stock) of the Company or the Guarantor or any Subsidiary thereof; provided that: (i) at least 65% of the aggregate principal amount of Notes originally issued under this Indenture (including any Additional Notes) (excluding Notes held by the Guarantor Company and its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) the redemption occurs within 90 days of the date of the closing of such sale of Equity Interests. (b) Notice of any redemption upon any sale of Equity Interests may be given prior to the completion thereof, and any such redemption or notice may, at the Company’s or the Guarantor’s discretion, be subject to one or more condition precedent, including, but not limited to, completion of the related sale.

Optional Redemption upon Sale of Equity Interests. (a) At any time prior to January 20February 1, 20202021, the Company or the Guarantor may, at its option, on any one or more occasions, redeem up to 35% of the aggregate principal amount of the outstanding Notes (including any Additional Notes) issued under this Indenture at a Redemption Price of 107.000105.375% of the principal amount, plus accrued and unpaid interest to to, but excluding, the Redemption Date, using cash in an amount up to the amount of the net cash proceeds of a sale of Equity Interests (other than Disqualified Stock) of the Company or the any Guarantor or any Subsidiary thereof; provided that: (i) at least 65% of the aggregate principal amount of Notes originally issued under this Indenture (including any Additional Notes but excluding Notes held by the Guarantor Company and its Subsidiaries) remains outstanding immediately after the occurrence of such redemption; and (ii) the redemption occurs within 90 days of the date of the closing of such sale of Equity Interests. (b) Notice of any redemption upon any sale of Equity Interests may be given prior to the completion thereof, and any such redemption or notice may, at the Company’s or the Guarantor’s discretion, be subject to one or more condition precedent, including, but not limited to, completion of the related sale.