Optional Right of Redemption. (a) The Company may, at its option, redeem the Senior Notes, in whole or in part, at any time at a Redemption Price equal to the greater of: (a) 100% of the principal amount of the Senior Notes to be redeemed, and (b) as determined by the Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and interest thereon (not including any portion of those payments of interest accrued as of the date of redemption) discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Adjusted Treasury Rate plus 30 basis points plus, in each case, accrued interest thereon to the date of redemption. (b) The redemption provisions of Article XII of the Base Indenture shall apply to the Senior Notes.
Appears in 1 contract
Samples: Second Supplemental Indenture (Reinsurance Group of America Inc)
Optional Right of Redemption. (a) The Company may, at its option, redeem the Senior Notes, in whole or in part, at any time at a Redemption Price equal to the greater of: (a) 100% of the principal amount of the Senior Notes to be redeemed, and (b) as determined by the Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and interest thereon (not including any portion of those payments of interest accrued as of the date of redemption) discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Adjusted Treasury Rate plus 30 basis points plus, in each case, accrued interest thereon to the date of redemption.
(b) The redemption provisions of Article XII XIII of the Base Indenture shall apply to the Senior Notes.
Appears in 1 contract
Samples: Fourth Supplemental Senior Indenture (Reinsurance Group of America Inc)
Optional Right of Redemption. (a) The Company may, at its option, redeem the Senior Notes, in whole or in part, at any time at a Redemption Price equal to the greater of: (a) 100% of the principal amount of the Senior Notes to be redeemed, and (b) as determined by the Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and interest thereon (not including any portion of those payments of interest accrued as of the date of redemption) discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Adjusted Treasury Rate plus 30 20 basis points plus, in each case, accrued interest thereon to the date of redemption.
(b) The redemption provisions of Article XII XIII of the Base Indenture shall apply to the Senior Notes.
Appears in 1 contract
Samples: Second Supplemental Senior Indenture (Reinsurance Group of America Inc)
Optional Right of Redemption. (a) The Company may, at its option, redeem the Senior Notes, in whole or in part, at any time at a Redemption Price equal to the greater of: (a) 100% of the principal amount of the Senior Notes to be redeemed, and (b) as determined by the Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and interest thereon (not including any portion of those payments of interest accrued as of the date of redemption) discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Adjusted Treasury Rate plus 30 45 basis points plus, in each case, accrued interest thereon to the date of redemption.
(b) The redemption provisions of Article XII XIII of the Base Indenture shall apply to the Senior Notes.
Appears in 1 contract
Samples: Third Supplemental Senior Indenture (Reinsurance Group of America Inc)