Common use of Optional Redemption with a Make-Whole Premium Clause in Contracts

Optional Redemption with a Make-Whole Premium. (a) Prior to June 27, 2026, the Company or the Guarantor may, at its option, redeem all of the Notes at any time or part of the Notes from time to time at a Redemption Price equal to 100% of the principal amount of the Notes plus the Applicable Premium as of, and accrued and unpaid interest to, but excluding, the Redemption Date (subject to the right of Holders on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date). (b) In addition to the information required by Section 3.08, any notice of redemption given to Holders pursuant to Section 3.02(a) shall include the estimated Applicable Premium due in connection with such redemption (calculated as if the date of such notice were the Redemption Date), the details for the computation of the Redemption Price. Two Business Days prior to such redemption, the Company or the Guarantor shall deliver to the Trustee and each Holder an Officers’ Certificate specifying the Redemption Price, including the calculation of the Applicable Premium to be paid on the Redemption Date. In the event the Company or the Guarantor shall incorrectly compute the Applicable Premium payable in connection with the Notes to be redeemed, the Holders shall not be bound by such incorrect computation, but instead, shall be entitled to receive an amount equal to the correct Applicable Premium computed in compliance with the terms of this Indenture.

Appears in 1 contract

Samples: Indenture (Cosan S.A.)

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Optional Redemption with a Make-Whole Premium. (a) Prior to June 27January 20, 20262022, the Company or the Guarantor may, at its option, redeem all of the Notes at any time or part of the Notes from time to time at a Redemption Price equal to 100% of the principal amount of the Notes plus the Applicable Premium as of, and accrued and unpaid interest to, but excluding, the Redemption Date (subject to the right of Holders on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date). (b) In addition to the information required by Section 3.08, any Any notice of redemption given to Holders pursuant to Section 3.02(a) shall include specify the Redemption Date, the CUSIP or ISIN numbers, the interest to be paid on the Redemption Date, and shall be accompanied by an Officers’ Certificate of the Company or the Guarantor as to the estimated Applicable Premium due in connection with such redemption (calculated as if the date of such notice were the Redemption Date), setting forth the details for the computation of the Redemption Pricesuch computation. Two Business Days prior to such redemption, the Company or the Guarantor shall deliver to the Trustee and each Holder an Officers’ Certificate specifying the Redemption Price, including the calculation of the Applicable Premium to be paid on as of the Redemption Date. In the event the Company or the Guarantor shall incorrectly compute the Applicable Premium payable in connection with the Notes to be redeemed, the Holders shall not be bound by such incorrect computation, but instead, shall be entitled to receive an amount equal to the correct Applicable Premium computed in compliance with the terms of this Indenture.

Appears in 1 contract

Samples: Indenture (Cosan Ltd.)

Optional Redemption with a Make-Whole Premium. (a) Prior to June 27February 1, 20262021, the Company or the Guarantor may, at its option, redeem all of the Notes at any time or part of the Notes from time to time at a Redemption Price equal to 100% of the principal amount of the Notes plus the Applicable Premium as of, and accrued and unpaid interest to, but excluding, the Redemption Date (subject to the right of Holders on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date). (b) In addition to the information required by Section 3.08, any Any notice of redemption given to Holders pursuant to Section 3.02(a) shall include specify the Redemption Date, the CUSIP or ISIN numbers, the interest to be paid on the Redemption Date, and shall be accompanied by an Officer’s Certificate of the Company as to the estimated Applicable Premium due in connection with such redemption (calculated as if the date of such notice were the Redemption Date), setting forth the details for the computation of the Redemption Pricesuch computation. Two Business Days prior to such redemption, the Company or the Guarantor shall deliver to the Trustee and each Holder an Officers’ Officer’s Certificate specifying the Redemption Price, including the calculation of the Applicable Premium to be paid on as of the Redemption Date. In the event the Company or the Guarantor shall incorrectly compute the Applicable Premium payable in connection with the Notes to be redeemed, the Holders shall not be bound by such incorrect computation, but instead, shall be entitled to receive an amount equal to the correct Applicable Premium computed in compliance with the terms of this Indenture.

Appears in 1 contract

Samples: Indenture (Natura &Co Holding S.A.)

Optional Redemption with a Make-Whole Premium. (a) Prior to June 27September 20, 20262024, the Company or the Guarantor may, at its option, redeem all of the Notes at any time or part of the Notes from time to time at a Redemption Price equal to 100% of the principal amount of the Notes plus the Applicable Premium as of, and accrued and unpaid interest to, but excluding, the Redemption Date (subject to the right of Holders on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date). (b) In addition to the information required by Section 3.08, any Any notice of redemption given to Holders pursuant to Section 3.02(a) shall include specify the Redemption Date, the CUSIP or ISIN numbers, the interest to be paid on the Redemption Date, and shall be accompanied by an Officers’ Certificate of the Company as to the estimated Applicable Premium due in connection with such redemption (calculated as if the date of such notice were the Redemption Date), setting forth the details for the computation of the Redemption Pricesuch computation. Two Business Days prior to such redemption, the Company or the Guarantor shall deliver to the Trustee and each Holder an Officers’ Certificate specifying the Redemption Price, including the calculation of the Applicable Premium to be paid on as of the Redemption Date. In the event the Company or the Guarantor shall incorrectly compute the Applicable Premium payable in connection with the Notes to be redeemed, the Holders shall not be bound by such incorrect computation, but instead, shall be entitled to receive an amount equal to the correct Applicable Premium computed in compliance with the terms of this Indenture.

Appears in 1 contract

Samples: Indenture (Cosan Ltd.)

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Optional Redemption with a Make-Whole Premium. (a) Prior to June 27September 20, 20262020, the Company or the Guarantor may, at its option, redeem all of the Notes at any time or part of the Notes from time to time at a Redemption Price equal to 100% of the principal amount of the Notes plus the Applicable Premium as of, and accrued and unpaid interest to, but excluding, the Redemption Date (subject to the right of Holders on the relevant Regular Record Date to receive interest due on the relevant Interest Payment Date). (b) In addition to the information required by Section 3.08, any Any notice of redemption given to Holders pursuant to Section 3.02(a) shall include specify the Redemption Date, the CUSIP or ISIN numbers, the interest to be paid on the Redemption Date, and shall be accompanied by an Officers’ Certificate of the Company as to the estimated Applicable Premium due in connection with such redemption (calculated as if the date of such notice were the Redemption Date), setting forth the details for the computation of the Redemption Pricesuch computation. Two Business Days prior to such redemption, the Company or the Guarantor shall deliver to the Trustee and each Holder an Officers’ Certificate specifying the Redemption Price, including the calculation of the Applicable Premium to be paid on as of the Redemption Date. In the event the Company or the Guarantor shall incorrectly compute the Applicable Premium payable in connection with the Notes to be redeemed, the Holders shall not be bound by such incorrect computation, but instead, shall be entitled to receive an amount equal to the correct Applicable Premium computed in compliance with the terms of this Indenture.

Appears in 1 contract

Samples: Indenture (Cosan Ltd.)

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