Common use of OPTIONAL REDEMPTION UPON THE OCCURRENCE OF A SPECIAL EVENT Clause in Contracts

OPTIONAL REDEMPTION UPON THE OCCURRENCE OF A SPECIAL EVENT. If a Special Event shall occur and be continuing, the Company shall have the right at any time to redeem the Series A Debentures in whole, but not in part, for cash at the Optional Redemption Price within 90 days following the occurrence of such Special Event.

Appears in 3 contracts

Samples: Supplemental Indenture (Litchfield Capital Trust Ii), Supplemental Indenture (Litchfield Capital Trust Ii), Supplemental Indenture (Litchfield Financial Corp /Ma)

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OPTIONAL REDEMPTION UPON THE OCCURRENCE OF A SPECIAL EVENT. If a Special Event shall occur and be continuing, the Company shall have the right at any time to redeem the Series A 7.20% Debentures in whole, but not in part, for cash at the Optional Redemption Price within 90 days following the occurrence of such Special Event.

Appears in 1 contract

Samples: Supplemental Indenture (Houston Industries Inc)

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