Other Redemption. If Lyondell (Pelican) LP1 breaches any of its obligations under Section 14.1, (a) Lyondell (Pelican) LP1’s 6,623 Units shall be redeemed and canceled and of no further force and effect and (b) an amount equal to the balance in Lyondell (Pelican) LP1’s Capital Account shall be distributed by the Partnership to Lyondell (Pelican) LP1, or if there is a deficit in Lyondell (Pelican) LP1’s Capital Account, Lyondell (Pelican) LP1 shall contribute to the Partnership an amount of cash necessary to eliminate such deficit. Upon completion of the steps in clauses (a) and (b), Lyondell (Pelican) LP1’s entire interest in the Partnership shall terminate. In the event of a forfeiture of Lyondell (Pelican) LP1’s 6,623 Units pursuant to this Section 14.4, the Capital Accounts of the Partners shall be adjusted in accordance with the procedures contained in the definition of “Book Value” prior to determining any deficit or positive Capital Account balance for purposes of this Section 14.4. For purposes of this adjustment, any unamortized portion of the agreed value of the Lease shall be treated as a loss and deducted from Lyondell (Pelican) LP1’s Capital Account.
Other Redemption. If Occidental LP1 breaches any of its obligations ---------------- under Section 14.1, (a) Occidental LP1's 6,623 Units shall be redeemed and canceled and of no further force and effect and (b) an amount equal to the balance in Occidental LP1's Capital Account shall be distributed by the Partnership to Occidental LP1, or if there is a deficit in Occidental LP1's Capital Account, Occidental LP1 shall contribute to the Partnership an amount of cash necessary to eliminate such deficit. Upon completion of the steps in clauses (a) and (b), Occidental LP1's entire interest in the Partnership shall terminate.
Other Redemption. The Bonds shall be subject to redemption, at the option of the Company, with the written consent of the Lessee and the Owner Trustee, in whole at any time or in part from time to time, at the Redemption Price of 100% of the unpaid principal amount of the Bonds to be so redeemed, plus accrued interest, if any, thereon to the Redemption Date, plus, if such redemption is made prior to January 22, 2008, the Make-Whole Premium, if any. "
Other Redemption. 52 APPENDICES APPENDIX A - Defined Terms APPENDIX B - Partnership Financial Statements and Reports APPENDIX C - Executive Officers APPENDIX D - Dispute Resolution Procedures APPENDIX E - Division of Partnership Business Schedule 2.3(d) - Capital Accounts AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT OF EQUISTAR CHEMICALS, LP This Amended and Restated Limited Partnership Agreement of Equistar Chemicals, LP dated May 15, 1998 is entered into by and among Lyondell Petrochemical G.P. Inc., a Delaware corporation ("Lyondell GP"), Lyondell Petrochemical L.P. Inc., a Delaware corporation ("Lyondell LP"), Millennium Petrochemicals GP LLC, a Delaware limited liability company ("Millennium GP"), Millennium Petrochemicals LP LLC, a Delaware limited liability company ("Millennium LP"), Occidental Petrochem Partner GP, Inc., a Delaware corporation ("Occidental GP"), Occidental Petrochem Partner 1, Inc., a Delaware corporation ("Occidental LP1"), and Occidental Petrochem--Partner 2, Inc., a Delaware corporation ("Occidental LP2," and together with Occidental LP1, "Occidental LP"). The definitions of capitalized terms used in this Agreement, including the appendices hereto, are set forth in Appendix A hereto. ----------
Other Redemption. The 199__ Bonds of each series shall be subject to redemption, at the option of the Owner Trustee, in whole at any time or in part from time to time, at the Redemption Price of 100% of the unpaid principal amount of the 199__ Bonds of each series to be so redeemed, plus accrued interest, if any, thereon to the Redemption Date, plus, if such redemption is made prior to the applicable Premium Termination Date, the Make-Whole Premium, if any. "
Other Redemption. The SPE may not redeem the Note, except in accordance with the provisions of this Condition 6, but without prejudice to Condition 8 (Events of Default).
Other Redemption. The Silver Note Issuer may not redeem the Silver Notes or any of them, except in accordance with the provisions of this Silver Note Condition 7, but without prejudice to Silver Note Condition 10.
Other Redemption. Except as provided under Section 9.1 hereof, the Notes will not be redeemable before the Maturity Date at the option of the Company or repayable before the Maturity Date at the option of the Noteholder. Nevertheless, the Company may at any time repurchase the Notes at any price in the open market or otherwise. The Company may hold or resell the Notes it repurchases or may surrender them to the Trustee for cancellation, all in accordance with the terms set forth herein.
Other Redemption. Except as provided in Article III(E), the Series C Preferred Stock shall not be redeemable at the option of the Corporation.
Other Redemption. 54 APPENDIX A - Defined Terms APPENDIX B - Partnership Financial Statements and Reports APPENDIX C - Executive Officers APPENDIX D - Dispute Resolution Procedures APPENDIX E - Division of Partnership Business Schedule 2.3(d) - Capital Accounts This Amended and Restated Limited Partnership Agreement of Equistar Chemicals, LP dated May 15, 1998 is entered into by and among Lyondell Petrochemical G.P. Inc., a Delaware corporation ("Lyondell GP"), Lyondell Petrochemical L.P. Inc., a Delaware corporation ("Lyondell LP"), Millennium Petrochemicals GP LLC, a Delaware limited liability company ("Millennium GP"), Millennium Petrochemicals LP LLC, a Delaware limited liability company ("Millennium LP"), PDG Chemical Inc., a Delaware corporation ("Occidental GP"), Occidental Petrochem Partner 1, Inc., a Delaware corporation_ ("Occidental LP1"), and Occidental Petrochem Partner 2, Inc., a Delaware corporation ("Occidental LP2," and together with Occidental LP1, "Occidental LP"). The definitions of capitalized terms used in this Agreement, including the appendices hereto, are set forth in Appendix A hereto.
