Common use of Partial Redemption of Bonds Clause in Contracts

Partial Redemption of Bonds. (a) If less than all the Bonds are to be redeemed, the particular Bonds or portions thereof to be redeemed shall be selected by the Trustee by lot.

Appears in 4 contracts

Samples: Loan Agreement (Gateway Trade Center Inc.), Loan Agreement (Lannett Co Inc), Trust Indenture (Central Sprinkler Corp)

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Partial Redemption of Bonds. (a) If less than all the Bonds are to be redeemed, the particular Bonds or portions thereof to be redeemed shall be selected by the Trustee by lotlot or in such other manner as the Trustee shall deem fair and appropriate, subject, however, to the further provisions of this Section.

Appears in 2 contracts

Samples: Loan Agreement (Gateway Trade Center Inc.), Loan Agreement (Gateway Trade Center Inc.)

Partial Redemption of Bonds. (a) If less than all the Bonds are to be redeemed, the particular Bonds or portions thereof to be redeemed shall be selected by the Trustee by lot. If less than all of the Bonds are to be redeemed pursuant to Section 4.01(a) hereof, the particular Bonds or portions thereof to be redeemed shall be selected pro rata from each Series and within a Series by lot.

Appears in 1 contract

Samples: A Loan Agreement (Vermont Pure Holdings LTD)

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Partial Redemption of Bonds. (a) If less than all the Bonds are to be redeemed, the particular Bonds or portions thereof to be redeemed shall be selected by the Trustee by lotat random or in such other manner as the Trustee in its discretion shall deem fair and appropriate.

Appears in 1 contract

Samples: Trust Indenture (Piercing Pagoda Inc)

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