Redemption at Option of the Company. (a) After completion of the Post-Effective Date Equity Distribution, the Company may, at its option, redeem all, but not less than all, Notes (including any Additional Notes) that remain outstanding at the Redemption Price.
Redemption at Option of the Company. The Company may redeem, at any time in its discretion, all or any portion of the Securities issued pursuant to the Program and under this Indenture. Any such partial redemption of outstanding Securities may be effected by lot or pro rata or by any other method that is deemed fair and appropriate by us provided that such partial redemption complies with applicable tender offer rules.
Redemption at Option of the Company. (a) The Company, at its option, may, on or after February 23, 2001, redeem at any time all, or from time to time any portion, of the Preferred Stock on any date set by the Board of Directors, at a cash price equal to $1,100.00 per share plus, in each case, an amount per share in cash equal to all dividends on the Preferred Stock accumulated and unpaid on such share, whether or not declared, to the date fixed for redemption (such sum being hereinafter referred to as the "Redemption Price"). In case of the redemption of less than all of the then outstanding Preferred Stock, the Company shall designate by lot, or in such other manner as the Board of Directors may determine, the shares to be redeemed, or shall effect such redemption pro rata. Notwithstanding the foregoing, the Company shall not redeem less than all of the Preferred Stock at any time outstanding until all dividends accumulated and in arrears upon all Preferred Stock then outstanding shall have been paid for all past dividend periods. Not more than 60 nor less than 30 days prior to the redemption date, notice by first class mail, postage prepaid, shall be given to the holders of record of the Preferred Stock to be redeemed, addressed to such shareholders at their last addresses as shown on the stock books of the Company. Each such notice of redemption shall specify the date fixed for redemption; the redemption price; the place or places of payment; the then-effective Conversion Rate (as defined in Section 7); that the right of holders of Preferred Stock called for redemption to exercise their conversion right pursuant to Section 7 shall expire as to such shares at the close of business on the date fixed for redemption (provided that there is no default in payment of the Redemption Price); that payment of the Redemption Price will be made upon presentation and surrender of certificates representing the shares of Preferred Stock; that accumulated but unpaid dividends to the date fixed for redemption will be paid on the date fixed for redemption; that accumulated but unpaid dividends will not be paid in the case of a conversion of Preferred Stock; and that on and after the redemption date, dividends will cease to accumulate on such shares.
Redemption at Option of the Company. (a) From and after the third (3rd) anniversary of the Closing Date, the Company shall have the right, at its sole option, on one or more occasions, to redeem any or all (subject to Section 4(e)) of the outstanding Class P Units, at an amount per Class P Unit, payable in cash, equal to the applicable redemption price (expressed as a percentage of the Preferred Base Amount, plus the Compounded Return as of the last Distribution Payment Date) set forth in the table below, plus, any Preferred Return on such redeemed Class P Units that has accrued from the last Distribution Payment Date to, but not including, the date of redemption and remains unpaid: For Optional Redemptions occurring in: Percentage of Preferred Base Amount plus theCompounded Return: the 12-month period commencing on the third (3rd) anniversary of the Closing Date 105.0% the 12-month period commencing on the fourth (4th) anniversary of the Closing Date 102.5% on and after the fifth (5th) anniversary of the Closing Date 100.0%
Redemption at Option of the Company. The Notes are redeemable in whole or in part at any time and from time to time prior to the Stated Maturity, at the option of the Company, at a redemption price equal to the greater of the following amounts, plus, in either case, accrued and unpaid interest on the principal amount being redeemed to the date of redemption: (i) 100% of the principal amount of the Notes being redeemed; or (ii) the sum of the present values of the remaining scheduled payments of the principal of and interest on the Notes to be redeemed (exclusive of interest accrued to 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 Treasury Rate plus 15 basis points. As used in this Section 2.8 only, the terms set forth below shall have the following respective meanings:
Redemption at Option of the Company. Redemption of Senior Notes at the election of the Company, as permitted or required by any provision of the Indenture or this Supplemental Indenture, shall be made in accordance with the following provisions:
Redemption at Option of the Company. Except in certain circumstances relating to the preservation of the Company’s status as a REIT, the Series H Preferred Shares are not redeemable prior to June 17, 2010. On and after June 17, 2010, the Series H Preferred Shares will be redeemable by the Company at a redemption price of $25.00 per share, plus any accrued and unpaid dividends through the date of redemption. The Series H Preferred Shares have no maturity date and will remain outstanding indefinitely unless redeemed.
Redemption at Option of the Company. The Company may redeem some or all of the Securities at any time and from time to time, at the option of the Company, at a redemption price equal to the greater of (i) 100% of the aggregate principal amount of the Securities being redeemed, and (ii) the sum of the present values of the remaining scheduled payments of principal and interest thereon that would have been payable in respect of such Securities calculated as if the maturity date of such notes was November 15, 2024 (the date that is sixty days prior to the stated maturity date), discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate, as defined in the Disclosure Package, plus 20 basis points, less accrued but unpaid interest to, but not including, the redemption date; plus, in the case of each of (i) and (ii), accrued but unpaid interest to, but not including, the redemption date. Notwithstanding the foregoing, if the Securities are redeemed on or after November 15, 2024 (the date that is sixty days prior to the stated maturity date), the redemption price will be 100% of the aggregate principal amount of the Securities being redeemed plus any accrued but unpaid interest on those Securities to, but not including, the redemption date. SCHEDULE C FREE WRITING PROSPECTUS The Final Term Sheet attached hereto as Schedule D. Sch C-1 SCHEDULE D FINAL TERM SHEET Sch D Schedule D-1 Pricing Term Sheet Vornado Realty L.P. $450,000,000 3.500% Notes due 2025 Issuer: Vornado Realty L.P. Securities Offered: 3.500% Notes due 2025 Expected Security Ratings* (Xxxxx’x/Standard & Poor’s/Fitch): [INTENTIONALLY BLANK] Principal Amount: $450,000,000 Maturity Date: January 15, 2025 Trade Date: December 12, 2017 Settlement Date: December 27, 2017 (T+10) Interest Payment Dates: January 15 and July 15, commencing July 15, 2018 Coupon: 3.500% per annum Benchmark Treasury: U.S. Treasury 2.125% due November 30, 2024 Benchmark Treasury Price: 98-25 Benchmark Treasury Yield: 2.315% Spread to Benchmark Treasury: + 125 bps Yield to Maturity: 3.565% Public Offering Price: 99.596% per note Net Proceeds: $445,369,500 (after deducting the underwriting discount and before expenses associated with the transaction) Redemption at Issuer Option: We may redeem some or all of the notes at any time and from time to time, at our option, at a redemption price equal to the greater of (i) 100% of the aggregate principal amount of the notes being redeemed, and (ii)...
Redemption at Option of the Company. (1) The Company may, upon giving notice as hereinafter provided, redeem at any time and from time to time the whole or any part of the Class A Preferred Shares from one or more holders of Class A Preferred Shares, and to the exclusion of any other class of shares of the Company, on payment for each share to be redeemed of the Redemption Price plus the amount of all declared but unpaid dividends thereon.
Redemption at Option of the Company. At any time after the 3-year anniversary of the closing, the Company will have the option to redeem all (but not less than all) of the then-outstanding Preferred Shares for cash consideration equal to the Purchase Price per Preferred Share, plus all accrued and unpaid dividends plus (in the event of a redemption prior to the fifth anniversary of the date of issuance) a “make whole” premium calculated (using the discount rate set forth above) to provide thereon the present value of the remaining interest/dividend payments through the fifth anniversary of the date of issuance. The Sponsor will have the right to convert prior to redemption.
