Redemption at the Option of Noteholders. If the Put Option is specified in the relevant Pricing Supplement as being applicable, the Issuer shall, at the option of the Holder of any Note redeem such Note on the Optional Redemption Date (Put) specified in the relevant Put Option Notice at the relevant Optional Redemption Amount (Put) together with interest (if any) accrued to such date. In order to exercise the option contained in this Condition 9(f), the Holder of a Note must, not less than 30 nor more than 60 days before the relevant Optional Redemption Date (Put) (or such other period(s) as may be specified in the relevant Pricing Supplement), deposit with any Paying Agent such Note together with all unmatured Coupons relating thereto and a duly completed Put Option Notice in the form obtainable from any Paying Agent. The Paying Agent with which a Note is so deposited shall deliver a duly completed Put Option Receipt to the depositing Noteholder. No Note, once deposited with a duly completed Put Option Notice in accordance with this Condition 9(f), may be withdrawn; provided, however, that if, prior to the relevant Optional Redemption Date (Put), any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Redemption Date (Put), payment of the redemption moneys is improperly withheld or refused, the relevant Paying Agent shall mail notification thereof to the depositing Noteholder at such address as may have been given by such Noteholder in the relevant Put Option Notice and shall hold such Note at its Specified Office for collection by the depositing Noteholder against surrender of the relevant Put Option Receipt. For so long as any outstanding Note is held by a Paying Agent in accordance with this Condition 9(f), the depositor of such Note and not such Paying Agent shall be deemed to be the Holder of such Note for all purposes.
Appears in 2 contracts
Samples: Announcement and Listing Document Disclaimer, Announcement and Listing Document Disclaimer
Redemption at the Option of Noteholders. (i) If the Put Option is specified in the relevant Pricing Supplement as being applicableso provided hereon, the Issuer shall, at the option of the Holder holder of any Note Note, redeem such Note on the Optional date or dates so provided at its Redemption Date (Put) specified in the relevant Put Option Notice at the relevant Optional Redemption Amount (Put) Amount, together with interest (if any) accrued to the date fixed for redemption. To exercise such date. In order to exercise the option contained in this Condition 9(f)option, the Holder of a Note must, not less than 30 nor more than 60 days before the relevant Optional Redemption Date (Put) (or such other period(s) as may be specified in the relevant Pricing Supplement), holder must deposit with any Paying Agent such Note (together with all unmatured Coupons relating thereto Coupons) with the Issuing and Paying Agent at its specified office, together with a duly completed Put Option Notice option exercise notice in the form obtainable from the Issuing and Paying Agent within the Noteholders' Redemption Option Period shown on the face hereof. Any Note so deposited may not be withdrawn (except as provided in the Agency Agreement) without the prior consent of the Issuer.
(ii) In the event that Singapore Technologies Pte Ltd ceases to hold (either directly or indirectly through any Paying Agentone or more of its wholly-owned subsidiaries) at least 51 per cent. of the issued ordinary share capital of the Issuer for the time being, the Issuer will, at the option of the holder of any Note, redeem such Note at its Redemption Amount (together with interest accrued to the date fixed for redemption) on the date falling 45 days from the date of the exercise by the holder of such option. The Issuer will give prompt notice to the Noteholders of the occurrence of the event referred to in this Condition 5(e)(ii) in accordance with Condition 15. To exercise such option, a Noteholder shall deposit any Notes to be redeemed with the Issuing and Paying Agent at its specified office together with all Coupons relating to such Notes which a Note is so deposited shall deliver a duly completed Put Option Receipt to mature after the depositing Noteholder. No Notedate fixed for redemption, once deposited together with a duly completed Put Option Notice option exercise notice in accordance with this Condition 9(f)the form obtainable from the Issuing and Paying Agent, may be withdrawn; provided, however, that if, prior no later than 30 days from the date of the Issuer's notice to the relevant Optional Redemption Date (Put), any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Redemption Date (Put), payment Noteholders of the redemption moneys is improperly withheld occurrence of such event (or refusedsuch longer period, not exceeding 45 days, as the relevant Paying Agent shall mail notification thereof Issuer may notify to the depositing Noteholder at Noteholders in such address notice). Any Notes so deposited may not be withdrawn (except as may have been given by such Noteholder provided in the relevant Put Option Notice and shall hold such Note at its Specified Office for collection by the depositing Noteholder against surrender of the relevant Put Option Receipt. For so long as any outstanding Note is held by a Paying Agent in accordance with this Condition 9(fAgency Agreement), the depositor of such Note and not such Paying Agent shall be deemed to be the Holder of such Note for all purposes.
Appears in 1 contract
Redemption at the Option of Noteholders. If the Put Option is specified in the relevant Pricing Supplement as being applicable, the The Issuer shall, at the option of the Holder of any Note Note, redeem such Note Note:
(a) in the event that the Initial Shelf Registration Statement has not been filed on or prior to the Optional Redemption Filing Deadline Date, on any day following the Filing Deadline Date until, but excluding, the Shelf Registration Statement Filing Date (Putthe “First Put Exercise Period”) specified in the relevant Put Option Notice at the relevant Optional Redemption Amount (Put) a price equal to 110% of its principal amount together with interest accrued but unpaid to such date; or
(if anyb) in the event that the Shelf Registration Statement Effective Date has not occurred, on any day following the one (1) year anniversary of the Original Issue Date (the “Anniversary”) until, but excluding, the earlier of the day that is 45 days after the Anniversary or the Shelf Registration Statement Effective Date (the “Second Put Exercise Period”) at a price equal to 110% of its principal amount together with interest accrued but unpaid to such date; or UK/1309140/10 - 53 - 246135/70-40262323
(c) on July 13, 2010 (the “Third Put Date”) at a price equal to 104% of its principal amount together with interest accrued but unpaid to such date. In order to exercise the option contained in this Condition 9(f)clause (a) or (b) above, the Holder of a Note must, during the First Put Exercise Period or the Second Put Exercise Period, as applicable, deposit with the Paying and Conversion Agent such Note Certificate and a duly completed Put Option Notice. In order to exercise the option contained in clause (c) above, the Holder of a Note must, not less than 30 nor more than 60 days before the relevant Optional Redemption Date (Put) (or such other period(s) as may be specified in the relevant Pricing Supplement)Put Settlement Date, deposit with any the Paying and Conversion Agent such Note together with all unmatured Coupons relating thereto and a duly completed Put Option Notice and, in the form obtainable from any Paying Agentcase of a Put Option Notice relating to Notes evidenced by a Note Certificate, such Note Certificate. The Paying and Conversion Agent with which a Note is so deposited shall deliver a duly completed receipt for such Note (a “Put Option Receipt Receipt”) to the depositing Noteholder. No Note, once deposited with a duly completed Put Option Notice in accordance with this Condition 9(f)Section 10.2, may be withdrawn; provided, however, that if, prior to the relevant Optional Redemption Date (Put)Put Settlement Date, any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Redemption Date (Put)Put Settlement Date, payment of the redemption moneys is improperly withheld or refused, the relevant Paying and Conversion Agent shall mail notification thereof to the depositing Noteholder at such address as may have been given by such Noteholder in the relevant Put Option Notice and shall hold such Note at its Specified Office for collection by the depositing Noteholder against surrender of the relevant Put Option Receipt. For so long as any outstanding Outstanding Note is held by a the Paying and Conversion Agent in accordance with this Condition 9(f)Section 10.2, the depositor of such Note and not such Paying and Conversion Agent shall be deemed to be the Holder of such Note for all purposes. Should a Holder of any Note redeem such Note in accordance with this Section 10.2, the Issuer shall give notice to Noteholders in accordance with Section 12.2 hereof. The Issuer shall give notice to the Noteholders as soon as practicable following such event of the Shelf Registration Statement Filing Date and the Shelf Registration Statement Effective Date, in accordance with Section 12.2 hereof and, in the absence of such notice, the Shelf Registration Statement Filing Date and the Shelf Registration Statement Effective Date shall be deemed not to have occurred for the purposes of this Section 10.2.
Appears in 1 contract
Samples: Indenture (BMB Munai Inc)
Redemption at the Option of Noteholders. If the Put Option is specified in the relevant Pricing Supplement as being applicable, the relevant Issuer shall, at the option of the Holder holder of any Note redeem such Note on the Optional Redemption Date (Put) specified in the relevant Put Option Notice at the relevant Optional Redemption Amount (Put) together with interest (if any) accrued to such date. In order to exercise the option contained in this Condition 9(f10(e) (Redemption at the option of Noteholders), the Holder holder of a Note must, not less than 30 nor more than 60 days before the relevant Optional Redemption Date (Put) (or such other period(s) as may be specified in the relevant Pricing Supplement), deposit with any Paying Agent such Note together with all unmatured Coupons relating thereto and a duly completed Put Option Notice in the form obtainable from any Paying Agent. The Paying Agent with which a Note is so deposited shall deliver a duly completed Put Option Receipt to the depositing Noteholder. No Note, once deposited with a duly completed Put Option Notice in accordance with this Condition 9(f10(e) (Redemption at the option of Noteholders), may be withdrawn; provided, however, that if, prior to the relevant Optional Redemption Date (Put), any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Redemption Date (Put), payment of the redemption moneys is improperly withheld or refused, the relevant Paying Agent shall mail notification thereof to the depositing Noteholder at such address as may have been given by such Noteholder in the relevant Put Option Notice and shall hold such Note at its Specified Office for collection by the depositing Noteholder against surrender of the relevant Put Option Receipt. For so long as any outstanding Note is held by a Paying Agent in accordance with this Condition 9(f10(e) (Redemption at the option of Noteholders), the depositor of such Note and not such Paying Agent shall be deemed to be the Holder holder of such Note for all purposes.
Appears in 1 contract
Samples: Trust Deed (Upm Kymmene Corp)
Redemption at the Option of Noteholders. If the Put Option is specified in the relevant Pricing Supplement applicable Final Terms as being applicable, the Issuer shall, at the option of the Holder of any Note redeem such Note on the Optional Redemption Date (Put) specified in the relevant Put Option Notice at the relevant Optional Redemption Amount (Put) together with interest (if any) accrued to such date. In order to exercise the option contained in this Condition 9(f9(e) (Redemption at the option of Noteholders), the Holder of a Note must, not less than 30 nor more than 60 days before the relevant Optional Redemption Date (Put) (or such other period(s) as may be specified in the relevant Pricing Supplement), deposit with any Paying Agent such Note together with all unmatured Coupons relating thereto and a duly completed Put Option Notice in the form obtainable from any Paying Agent. The Paying Agent with which a Note is so deposited shall deliver a duly duly completed Put Option Receipt to the depositing Noteholder. No Note, once deposited with a duly completed Put Option Notice in accordance with this Condition 9(f9(e) (Redemption at the option of Noteholders), may be withdrawn; provided, however, that if, prior to the relevant Optional Redemption Date (Put), any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Redemption Date (Put), payment of the redemption moneys is improperly withheld or refused, the relevant Paying Agent shall mail notification thereof to the depositing Noteholder at such address as may have been given by such Noteholder in the relevant Put Option Notice and shall hold such Note at its Specified Office for collection by the depositing Noteholder against surrender of the relevant Put Option Receipt. For so long as any outstanding Note is held by a Paying Agent in accordance with this Condition 9(f9(e) (Redemption at the option of Noteholders), the depositor of such Note and not such Paying Agent shall be deemed to be the Holder of such Note for all purposes.
Appears in 1 contract
Samples: Euro Medium Term Note Programme
Redemption at the Option of Noteholders. If Subject to the Put Option is specified in the relevant Pricing Supplement as being applicableproviso below, the Issuer shall, at the option of the Holder of any Note Note, redeem such Note as follows:
(a) If the Conversion Price Reduction has not occurred, on the Optional Redemption Date earlier of (Puti) specified in the relevant Put Option Notice date that is ten (10) Business Days following the date on which the approval of the Kazakhstan Ministry for the Conversion Price Reduction has been obtained or the date on which it is determined that such approval is not required or (ii) December 30, 2011, at the relevant Optional Redemption Amount (Put) a price equal to 104% of such Note’s principal amount, together with (A) interest (if any) accrued but unpaid to such datedate and (B) the Put/Redemption Premium;
(b) on July 13, 2012 at a price equal to 102.70% of such Note’s principal amount, together with (i) interest accrued but unpaid to such date and (ii) if the Conversion Price Reduction has not occurred, the Put/Redemption Premium. In order provided, that no Holder may exercise its option to redeem its Note under Section 10.3(a)(i) if on the dates specified therein, the PIP Agreement has not been Terminated. If on the dates described in Section 10.3(a)(i), the PIP Agreement has not been Terminated, but is subsequently Terminated, then the Holder of any Note may exercise its redemption rights under Section 10.3(a)(i) within thirty (30) days after the PIP Agreement has been Terminated, and such date will be deemed the “Put Date” for such purpose. To exercise the option contained in this Condition 9(fSection 10.3(a), the Holder of a Note must, not more than thirty (30) days after receipt of the notice required to be delivered by the Issuer pursuant to Section 9.42 hereof, deposit with the Paying and Conversion Agent at its Specified Office a duly completed Put Option Notice and, in the case of a Put Option Notice relating to Notes evidenced by a Note Certificate, such Note Certificate. The Issuer shall make payment of all amounts due in respect of each Note so redeemed not later than the fifth (5th) New York Business Day after such deposit of a Put Option Notice. To exercise the option contained in Section 10.3(b), the Holder of a Note must, not less than 30 thirty (30) nor more than 60 sixty (60) days before the relevant Optional Redemption Date (Put) (or such other period(s) as may be specified in the relevant Pricing Supplement)Put Date, deposit with any the Paying and Conversion Agent such Note together with all unmatured Coupons relating thereto and at its Specified Office a duly completed Put Option Notice and, in the form obtainable from any Paying Agentcase of a Put Option Notice relating to Notes evidenced by a Note Certificate, such Note Certificate. The Paying and Conversion Agent with which a Note is so deposited shall deliver a duly completed receipt for such Note (a “Put Option Receipt Receipt”) to the depositing Noteholder. No Note, once deposited with a duly completed Put Option Notice in accordance with this Condition 9(f)Section 10.3, may be withdrawn; provided, however, that if, prior to the relevant Optional Redemption Date (Put)Put Date, any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Redemption Date (Put)Put Date, payment of the redemption moneys is improperly withheld or refused, the relevant Paying and Conversion Agent shall mail notification thereof to the depositing Noteholder at such address as may have been given by such Noteholder in the relevant Put Option Notice and shall hold such Note at its Specified Office for collection by the depositing Noteholder against surrender of the relevant Put Option Receipt; provided, further, that if a Change of Control Event occurs prior to the Put Date, the depositing Noteholder shall have the right to withdraw any deposited Notes against surrender of the applicable Put Option Receipt in order to convert such Note in accordance with Article 11. For so long as any outstanding Outstanding Note is held by a the Paying and Conversion Agent in accordance with this Condition 9(f)Section 10.3, the depositor of such Note and not such Paying and Conversion Agent shall be deemed to be the Holder of such Note for all purposes. Should a Holder of any Note redeem such Note in accordance with this Section 10.3, the Issuer shall give notice to Noteholders in accordance with Section 12.2 hereof. The Issuer shall give notice to the Trustee in accordance with Section 12.2 hereof of the Shelf Registration Statement Filing Date and the Shelf Registration Statement Effective Date as soon as practicable after each such event and, in the absence of such notice, the Shelf Registration Statement Filing Date and the Shelf Registration Statement Effective Date shall be deemed not to have occurred for the purposes of this Section 10.3.
Appears in 1 contract
Samples: Indenture (BMB Munai Inc)
Redemption at the Option of Noteholders. If the Put Option is specified in the relevant Final Terms or, in the case of Exempt Notes, the relevant Pricing Supplement as being applicable, the Issuer shall, at the option of the Holder holder of any Note redeem such Note on the Optional Redemption Date (Put) specified in the relevant Put Option Notice at the relevant Optional Redemption Amount (Put) together with interest (if any) accrued to such date. Any conditions and/or circumstances that must be satisfied before a Put Option can be exercised will be set out in the relevant Final Terms or, in the case of Exempt Notes, the relevant Pricing Supplement. In order to exercise the option contained in this Condition 9(f), the Holder holder of a Note must, not less than 30 nor more than 60 days before the relevant Optional Redemption Date (Put) (or such other period(s) as may be specified in the relevant Pricing Supplement), deposit with any Paying Agent such Note together with all unmatured Coupons relating thereto and a duly completed Put Option Notice in the form obtainable from any Paying Agent. The Paying Agent with which a Note is so deposited shall deliver a duly completed Put Option Receipt to the depositing Noteholder. No Note, once deposited with a duly completed Put Option Notice in accordance with this Condition 9(f), may be withdrawn; provided, however, that if, prior to the relevant Optional Redemption Date (Put), any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Redemption Date (Put), payment of the redemption moneys is improperly withheld or refused, the relevant Paying Agent shall mail notification thereof to the depositing Noteholder at such address as may have been given by such Noteholder in the relevant Put Option Notice and shall hold such Note at its Specified Office for collection by the depositing Noteholder against surrender of the relevant Put Option Receipt. For so long as any outstanding Note is held by a Paying Agent in accordance with this Condition 9(f), the depositor of such Note and not such Paying Agent shall be deemed to be the Holder holder of such Note for all purposes.
Appears in 1 contract
Samples: Fiscal Agency Agreement
Redemption at the Option of Noteholders. If the Put Option is specified in the relevant Pricing Supplement as being applicable, the The Issuer shall, at the option of the Holder of any Note Note, redeem such Note Note:
(a) in the event that the Initial Shelf Registration Statement has not been filed on or prior to the Optional Redemption Filing Deadline Date, on any day following the Filing Deadline Date until, but excluding, the Shelf Registration Statement Filing Date (Putthe “First Put Exercise Period”) specified in the relevant Put Option Notice at the relevant Optional Redemption Amount (Put) a price equal to 110% of its principal amount together with interest accrued but unpaid to such date; or
(if anyb) in the event that the Shelf Registration Statement Effective Date has not occurred, on any day following the one (1) year anniversary of the Original Issue Date (the “Anniversary”) until, but excluding, the earlier of the day that is 45 days after the Anniversary or the Shelf Registration Statement Effective Date (the “Second Put Exercise Period”) at a price equal to 110% of its principal amount together with interest accrued but unpaid to such date; or
(c) on July 13, 2010 (the “Third Put Date”) at a price equal to 104% of its principal amount together with interest accrued but unpaid to such date. In order to exercise the option contained in this Condition 9(f)clauses (a) or (b) above, the Holder of a Note must, during the First Put Exercise Period or the Second Put Exercise Period, as applicable, deposit with the Paying and Conversion Agent such Note Certificate and a duly completed Put Option Notice. In order to exercise the option contained in clause (c) above, the Holder of a Note must, not less than 30 nor more than 60 days before the relevant Optional Redemption Date (Put) (or such other period(s) as may be specified in the relevant Pricing Supplement)Put Settlement Date, deposit with any the Paying and Conversion Agent such Note together with all unmatured Coupons relating thereto and a duly completed Put Option Notice and, in the form obtainable from any Paying Agentcase of a Put Option Notice relating to Notes evidenced by a Note Certificate, such Note Certificate. The Paying and Conversion Agent with which a Note is so deposited shall deliver a duly completed receipt for such Note (a “Put Option Receipt Receipt”) to the depositing Noteholder. No Note, once deposited with a duly completed Put Option Notice in accordance with this Condition 9(f)paragraph 8, may be withdrawn; provided, however, that if, prior to the relevant Optional Redemption Date (Put)Put Settlement Date, any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Redemption Date (Put)Put Settlement Date, payment of the redemption moneys is improperly withheld or refused, the relevant Paying and Conversion Agent shall mail notification thereof to the depositing Noteholder at such address as may have been given by such Noteholder in the relevant Put Option Notice and shall hold such Note at its Specified Office for collection by the depositing Noteholder against surrender of the relevant Put Option Receipt. For so long as any outstanding Outstanding Note is held by a the Paying and Conversion Agent in accordance with this Condition 9(f)paragraph 8, the depositor of such Note and not such Paying and Conversion Agent shall be deemed to be the Holder of such Note for all purposes. Should a Holder of any Note redeem such Note in accordance with this paragraph 8, the Issuer shall give notice to Noteholders in accordance with paragraph 8. The Issuer shall give notice to the Noteholders as soon as practicable following such event of the Shelf Registration Statement Filing Date and the Shelf Registration Statement Effective Date, in UK/1309140/10 C-8 246135/70-40262323 accordance with Section 12.2 of the Indenture and, in the absence of such notice, the Shelf Registration Statement Filing Date and the Shelf Registration Statement Effective Date shall be deemed not to have occurred for the purposes of this paragraph 8.
Appears in 1 contract
Samples: Note Agreement (BMB Munai Inc)
Redemption at the Option of Noteholders. If the Put Option is specified in the relevant Pricing Supplement as being applicable, the The Issuer shall, at the option of the Holder holder of any Note Note, redeem such Note Note:
(i) in the event that the Initial Shelf Registration Statement has not been filed on or prior to the Optional Redemption Filing Deadline Date, on any day following the Filing Deadline Date until, but excluding, the Shelf Registration Statement Filing Date (Putthe “First Put Exercise Period”) specified in the relevant Put Option Notice at the relevant Optional Redemption Amount (Put) a price equal to 110 per cent. of its principal amount together with interest accrued but unpaid to such date; or
(if anyii) in the event that the Shelf Registration Statement Effective Date has not occurred, on any day following the anniversary of the Issue Date (the “Anniversary”) until, but excluding, earlier of the day that is 45 days after the Anniversary or the Shelf Registration Statement Effective Date ( the “Second Put Exercise Period”) at a price equal to 110 per cent. of its principal amount together with interest accrued but unpaid to such date; or
(iii) on 13 July 2010 (the “Third Put Date” “) at a price equal to 104 per cent. of its principal amount together with interest accrued but unpaid to such date. In order to exercise the option contained in this Condition 9(f8(b)(i) or Condition 8(b)(ii), the Holder holder of a Note must, during the First Put Exercise Period or the Second Put Exercise Period, as applicable, UK/1244295/33 - 12 - 246135/70-40262323 deposit with any Paying and Conversion Agent such Note Certificate and a duly completed put option notice (a “Put Option Notice “) in the form obtainable from any Paying and Conversion Agent. In order to exercise the option contained in this Condition 8(b)(iii) the holder of a Note must, not less than 30 nor more than 60 days before the relevant Optional Redemption Date (Put) (or such other period(s) as may be specified in the relevant Pricing Supplement)Put Settlement Date, deposit with any Paying and Conversion Agent such Note together with all unmatured Coupons relating thereto Certificate and a duly completed Put Option Notice in the form obtainable from any Paying AgentNotice. The Paying and Conversion Agent with which a Note is so deposited shall deliver a duly completed receipt for such Note (a “Put Option Receipt “) to the depositing Noteholder. No Note, once deposited with a duly completed Put Option Notice in accordance with this Condition 9(f8(b), may be withdrawn; provided, however, that if, prior to the relevant Optional Redemption Date (Put)Put Settlement Date, any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Redemption Date (Put)Put Settlement Date, payment of the redemption moneys is improperly withheld or refused, the relevant Paying and Conversion Agent shall mail notification thereof to the depositing Noteholder at such address as may have been given by such Noteholder in the relevant Put Option Notice and shall hold such Note at its Specified Office for collection by the depositing Noteholder against surrender of the relevant Put Option Receipt. For so long as any outstanding Note is held by a Paying and Conversion Agent in accordance with this Condition 9(f8(b), the depositor of such Note and not such Paying and Conversion Agent shall be deemed to be the Holder holder of such Note for all purposes. Should a holder of any Note redeem such Note in accordance with this Condition 8(b), the Issuer shall give notice to Noteholders in accordance with Condition 45 (Notices). The Issuer shall give notice to the Noteholders as soon as practicable following such event of the Shelf Registration Statement Filing Date and the Shelf Registration Statement Effective Date, in accordance with Condition 45 (Notices) and, in the absence of such notice, the Shelf Registration Statement Filing Date and the Shelf Registration Statement Effective Date shall be deemed not to have occurred for the purposes of this Condition 8(b).
Appears in 1 contract
Samples: Trust Deed (BMB Munai Inc)
Redemption at the Option of Noteholders. If the Put Option is specified in the relevant Pricing Supplement Final Terms as being applicable, the relevant Issuer shall, at the option of the Holder of any Note redeem such Note on the Optional Redemption Date (Put) specified in the relevant Put Option Notice at the relevant Optional Redemption Amount (Put) together with interest (if any) accrued to such date. In order to exercise the option contained in this Condition 9(f11(f), the Holder of a Note must, not less than 30 the minimum period nor more than 60 days the maximum period specified in the relevant Final Terms before the relevant Optional Redemption Date (Put) (or such other period(s) as may be specified in the relevant Pricing Supplement), deposit with any Paying Agent such Note together with all unmatured Coupons relating thereto and a duly completed Put Option Notice in the form obtainable from any Paying Agent. The Paying Agent with which a Note is so deposited shall deliver a duly completed Put Option Receipt to the depositing Noteholder. No Note, once deposited with a duly completed Put Option Notice in accordance with this Condition 9(f11(f), may be withdrawn; provided, however, that if, prior to the relevant Optional Redemption Date (Put), any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Redemption Date (Put), payment of the redemption moneys is improperly withheld or refused, the relevant Paying Agent shall mail notification thereof to the depositing Noteholder at such address as may have been given by such Noteholder in the relevant Put Option Notice and shall hold such Note at its Specified Office for collection by the depositing Noteholder against surrender of the relevant Put Option Receipt. For so long as any outstanding Note is held by a Paying Agent in accordance with this Condition 9(f11(f), the depositor of such Note and not such Paying Agent shall be deemed to be the Holder of such Note for all purposes. In the case of VPS Notes, Noteholders must, within the notice period, give notice to the relevant VPS Agent of such exercise in accordance with the standard procedures of Euronext VPS from time to time.
Appears in 1 contract
Samples: Euro Medium Term Note Programme
Redemption at the Option of Noteholders. If the Put Option is specified in the relevant Pricing Supplement Final Terms as being applicable, the Issuer shall, at the option of the Holder holder of any Note redeem such Note on the Optional Redemption Date (Put) specified in the relevant Put Option Notice at the relevant Optional Redemption Amount (Put) together with interest (if any) accrued to such date. In order to exercise the option contained in this Condition 9(f10(e), the Holder holder of a Note must, not less than 30 nor more than 60 days before the relevant Optional Redemption Date (Put) (or such other period(s) as may be specified in the relevant Pricing Supplement), deposit with any Paying Agent such Note together with all unmatured Coupons relating thereto and a duly completed Put Option Notice in the form obtainable from any Paying Agent. The Paying Agent with which a such Note is so deposited shall deliver a duly completed Put Option Receipt to the depositing Noteholder. No Note, once deposited with a duly completed Put Option Notice in accordance with this Condition 9(f10(e), may be withdrawn; providedPROVIDED, howeverHOWEVER, that THAT if, prior to the relevant Optional Redemption Date (Put), any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Redemption Date (Put), payment of the redemption moneys is improperly withheld or refused, the relevant Paying Agent shall mail notification thereof to the depositing Noteholder at such address as may have been given by such Noteholder in the relevant Put Option Notice and shall hold such Note at its Specified Office for collection by the depositing Noteholder against surrender of the relevant Put Option Receipt. For so long as any outstanding Note is held by a Paying Agent in accordance with this Condition 9(f10(e), the depositor of such Note and not such Paying Agent shall be deemed to be the Holder holder of such Note for all purposes. If the Note is in definitive form and held through Euroclear or Clearstream, Luxembourg, to exercise the right to require redemption or, as the case may be, purchase of a Note under this Condition 10(e) the holder of the Note must, not less than 30 nor more than 60 days before the relevant Optional Redemption Date (Put), give notice to the Principal Paying Agent of such exercise in accordance with the standard procedures of Euroclear and Clearstream, Luxembourg (which may include notice being given on his instruction by Euroclear or Clearstream, Luxembourg or 73 any common depositary for them to the Principal Paying Agent by electronic means) in a form acceptable to Euroclear and Clearstream, Luxembourg from time to time.
Appears in 1 contract
Samples: Trust Deed (Intercontinental Hotels Group PLC /New/)
Redemption at the Option of Noteholders. If Put Event is specified as being applicable in the applicable Final Terms, in the event of a Put Event, each Noteholder may, during the Put Event Notice Period, serve a Put Option Notice upon the Issuer (unless prior to the giving of the Put Option is Notice the Issuer has given notice of redemption under Condition 8.2 (Redemption for tax reasons)). The Issuer will redeem in whole (but not in part) the Notes that are the subject of such Put Option Notice on the Put Option Redemption Date at the amount specified in the relevant Pricing Supplement as being applicableapplicable Final Terms or, if no such amount so specified in the applicable Final Terms, at their principal amount (the “Optional Redemption Amount”) together with accrued interest from, and including, the preceding Interest Payment Date (to, but excluding, the Put Option Redemption Date). Promptly and in any event within 20 Business Days from the Issuer becoming aware of the occurrence of a Put Event, a Put Event Notice shall be given by the Issuer to Noteholders in accordance with Condition 16 (Notices). If the Notes are to be admitted to trading on any stock exchange and the rules of such exchange so require, the Issuer shallshall also notify the relevant stock exchange promptly of any such Put Event, providing information equivalent to that required to be given in a Put Event Notice under this Condition 8.5 (Redemption at the option of the Holder of any Note redeem such Note on the Optional Redemption Date (Put) specified in the relevant Put Option Notice at the relevant Optional Redemption Amount (Put) together with interest (if any) accrued to such dateNoteholders). In order to exercise the option contained in this Condition 9(f8.5 (Redemption at the option of Noteholders), the Holder holder of a Note must, not less than 30 nor more than 60 days before on any Business Day during the relevant Optional Redemption Date Put Event Notice Period:
(Puti) (or such other period(s) as may be specified if this Note is in the relevant Pricing Supplement)definitive form and held outside Euroclear and/or Clearstream, Luxembourg, deposit with any Paying Agent such Note Note, together with all unmatured Coupons relating thereto and a duly completed Put Option Notice in the form obtainable from any Paying AgentNotice. The Paying Agent with which a Note is so deposited shall deliver a duly completed Put Option Receipt for such Note to the depositing Noteholder;
(ii) if this Note is represented by a Global Note or is in definitive form and held through Euroclear or Clearstream, Luxembourg, give notice to the Paying Agent of such exercise in accordance with the standard procedures of Euroclear and Clearstream, Luxembourg (which may include notice being given on his instruction by Euroclear or Clearstream, Luxembourg or any common depositary or common safekeeper, as the case may be, for them to the Paying Agent by electronic means) in a form acceptable to Euroclear and Clearstream, Luxembourg from time to time. No Note, once deposited with a duly completed Put Option Notice or other notice given in accordance with the standard procedures of Euroclear and Clearstream, Luxembourg given by a holder of any Note in accordance with this Condition 9(f8.5 (Redemption at the option of Noteholders), may be withdrawn; , provided, however, that if, prior to the relevant Optional Put Option Redemption Date (Put)Date, any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Put Option Redemption Date (Put)Date, payment of the redemption moneys is improperly withheld or refused, the relevant Paying Agent shall mail give notification thereof to the depositing relevant Noteholder in such manner and/or at such address as may have been given by such Noteholder in the relevant Put Option Notice or other notice given in accordance with the standard procedures of Euroclear and Clearstream, Luxembourg given by a holder of any Note in accordance with this Condition 8.5 (Redemption at the option of Noteholders) and, if this Note is in definitive form and held outside Euroclear and/or Clearstream, Luxembourg, shall hold such Note at its Specified Office specified office for collection by the depositing Noteholder against surrender of the relevant Put Option Receipt. For If this Note is in definitive form and held outside Euroclear and/or Clearstream, Luxembourg, for so long as any outstanding such Note is held by a Paying Agent in accordance with this Condition 9(f), the depositor of such Note and not such Paying Agent shall be deemed to be the Holder of such Note for all purposes.Condition
Appears in 1 contract
Samples: Agency Agreement
Redemption at the Option of Noteholders. (A) If the Put Option is specified in the relevant Pricing Supplement as being applicablehereon, the Issuer shall, at the option of the Holder holder of any such Note, upon the holder of such Note giving not less than 15 nor more than 30 days’ notice to the Issuer (or such other notice period as may be specified hereon) redeem such Note on the Optional Redemption Date (PutDate(s) specified in the relevant Put Option Notice at the relevant its Optional Redemption Amount specified hereon (Putwhich may be the Early Redemption Amount (as described in Condition 6(b) above)), together with interest (if any) accrued to the date fixed for redemption. To exercise such date. In order to exercise option the option contained in this Condition 9(f), the Holder of a Note must, not less than 30 nor more than 60 days before the relevant Optional Redemption Date holder must deposit (Put) (or such other period(s) as may be specified in the relevant Pricing Supplement), deposit with any Paying Agent case of Bearer Notes) such Note (together with all unmatured Coupons relating thereto and unexchanged Talons) with any Paying Agent or (in the case of Registered Notes) the Certificate representing such Note(s) with the Registrar or any Transfer Agent at its specified office, together with a duly completed Put Option Notice option exercise notice (“Exercise Notice”) in the form obtainable from any Paying Agent, the Registrar or any Transfer Agent (as applicable) within the notice period. No Note or Certificate so deposited and option exercised may be withdrawn (except as provided in the Agency Agreement) without the prior consent of the Issuer.
(B) If Change of Control Put Event is specified hereon and a Change of Control Put Event occurs, the holder of any such Note will have the option (a “Change of Control Put Option”) (unless prior to the giving of the relevant Change of Control Put Event Notice (as defined below) the Issuer has given notice of redemption under Conditions 6(c) or 6(d) above) to require the Issuer to redeem or, at the Issuer’s option, purchase (or procure the purchase of) that Note on the Change of Control Put Date (as defined below) at its principal amount together with interest accrued to (but excluding) the Change of Control Put Date. A “Change of Control Put Event” will be deemed to occur if at any time the Government of Qatar ceases to own, directly or indirectly, through the Qatar Investment Authority or otherwise 50.0 per cent. of the issued share capital of the Guarantor. Promptly upon the Issuer becoming aware that a Change of Control Put Event has occurred, the Issuer shall give notice (a “Change of Control Put Event Notice”) to the Noteholders in accordance with Condition 14 specifying the nature of the Change of Control Put Event and the procedure for exercising the Change of Control Put Option. To exercise the Change of Control Put Option, the holder of a Bearer Note must deliver such Note to the specified office of any Paying Agent at any time during normal business hours of such Paying Agent falling within the period (the “Change of Control Put Period”) of 30 days after a Change of Control Put Event Notice is given, accompanied by a duly signed and completed notice of exercise in the form (for the time being current) obtainable from the specified office of any Paying Agent (a “Change of Control Put Notice”). The Note should be delivered together with all Coupons appertaining thereto maturing after the date which is seven Business Days after the expiration of the Change of Control Put Period (the “Change of Control Put Date”), failing which the Paying Agent will require payment from or on behalf of the Noteholder of an amount equal to the face value of any missing such Coupon. Any amount so paid will be reimbursed to the Noteholder against presentation and surrender of the relevant missing Coupon (or any replacement therefore issued pursuant to Condition 12) at any time after such payment, but before the expiry of the period of five years from the date on which such Coupon would have become due, but not thereafter. The Paying Agent with to which a such Note is so deposited shall deliver a duly completed and Change of Control Put Option Receipt Notice are delivered will issue to the depositing NoteholderNoteholder concerned a non-transferable receipt in respect of the Note so delivered. No NotePayment in respect of any Note so delivered will be made, if the holder duly specified a bank account in the Change of Control Put Notice to which payment is to be made, on the Change of Control Put Date by transfer to that bank account and, in every other case, on or after the Change of Control Put Date against presentation and surrender or (as the case may be) endorsement of such receipt at the specified office of any Paying Agent. A Change of Control Put Notice, once deposited given, shall be irrevocable. For the purposes of these Conditions, receipts issued pursuant to this Condition 6(e) shall be treated as if they were Notes. To exercise the Change of Control Put Option, the holder of a Registered Note must deposit the Certificate evidencing such Note(s) with the Registrar or any Transfer Agent at its specified office, together with a duly signed and completed Change of Control Put Option Notice in accordance with this Condition 9(f), obtainable from the Registrar or any Transfer Agent within the Change of Control Put Period. No Certificate so deposited and option so exercised may be withdrawn; providedwithdrawn without the prior consent of the Issuer. Payment in respect of any Certificate so deposited will be made, howeverif the holder duly specified a bank account in the Change of Control Put Notice to which payment is to be made, on the Change of Control Put Date by transfer to that ifbank account and, prior in every other case, by cheque drawn on a Bank and mailed to the relevant Optional Redemption Date holder (Put), any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Redemption Date (Put), payment of the redemption moneys is improperly withheld or refused, the relevant Paying Agent shall mail notification thereof to the depositing Noteholder at such address as may have been given by such Noteholder in the relevant Put Option Notice and shall hold first named of joint holders) of such Note at its Specified Office for collection by address appearing in the depositing Noteholder against surrender of Register. The Issuer shall redeem or purchase (or procure the purchase of) the relevant Notes on the Change of Control Put Option Receipt. For so long as any outstanding Note is held by a Paying Agent in accordance with this Condition 9(f), the depositor of such Note Date unless previously redeemed (or purchased) and not such Paying Agent shall be deemed to be the Holder of such Note for all purposescancelled.
Appears in 1 contract
Samples: Agency Agreement
Redemption at the Option of Noteholders. If the Put Option is specified in the relevant Final Terms or, in the case of Exempt Notes, the relevant Pricing Supplement as being applicable, the Issuer shall, at the option of the Holder holder of any Note redeem such Note on the Optional Redemption Date (Put) specified in the relevant Put Option Notice at the relevant Optional Redemption Amount (Put) together with interest (if any) accrued to such date. Any conditions and/or circumstances that must be satisfied before a Put Option can be exercised w ill be set out in the relevant Final Terms or, in the case of Exempt Notes, the relevant Pricing Supplement. In order to exercise the option contained in this Condition 9(f9(e), the Holder holder of a Note must, not less than 30 nor more than 60 days before the relevant Optional Redemption Date (Put) (or such other period(s) as may be specified in the relevant Pricing Supplement), deposit with any Paying Agent such Note together with all unmatured Coupons relating thereto and a duly completed Put Option Notice in the form obtainable from any Paying Agent. The Paying Agent with which a Note is so deposited shall deliver a duly completed Put Option Receipt to the depositing Noteholder. No Note, once deposited with a duly completed Put Option Notice in accordance with this Condition 9(f9(e), may be withdrawn; provided, however, that if, prior to the relevant Optional Redemption Date (Put), any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Redemption Date (Put), payment of the redemption moneys is improperly withheld or refused, the relevant Paying Agent shall mail notification thereof to the depositing Noteholder at such address as may have been given by such Noteholder in the relevant Put Option Notice and shall hold such Note at its Specified Office for collection by the depositing Noteholder against surrender of the relevant Put Option Receipt. For so long as any outstanding Note is held by a Paying Agent in accordance with this Condition 9(f9(e), the depositor of such Note and not such Paying Agent shall be deemed to be the Holder holder of such Note for all purposes.
Appears in 1 contract
Samples: Euro Medium Term Note Programme
Redemption at the Option of Noteholders. If the Put Option is specified in the relevant Pricing Supplement as being applicable, the The Issuer shall, at the option of the Holder holder of any Note redeem such Note on 25 September 2009 (the Optional Redemption Date (Put“Put Settlement Date”) specified in the relevant Put Option Notice at the relevant Optional Redemption Amount (Put) a price equal to 100 per cent. of its principal amount together with interest (if any) accrued but unpaid to such date. In order to exercise the option contained in this Condition 9(f7(b), the Holder holder of a Note must, not less than 30 nor more than 60 days before the relevant Optional Redemption Date (Put) (or such other period(s) as may be specified in the relevant Pricing Supplement)Put Settlement Date, deposit with any Paying and Conversion Agent such Note together with all unmatured Coupons relating thereto and a duly completed put option notice (a “Put Option Notice Notice”) in the form obtainable from any Paying and Conversion Agent. The Paying and Conversion Agent with which a Note is so deposited shall deliver a duly completed receipt for such Note (a “Put Option Receipt Receipt”) to the depositing Noteholder. No Note, once deposited with a duly completed Put Option Notice in accordance with this Condition 9(f7(b), may be withdrawn; provided, however, that if, prior to the relevant Optional Redemption Date (Put)Put Settlement Date, any such Note becomes immediately due and payable or, upon due presentation of any such Note on the relevant Optional Redemption Date (Put)Put Settlement Date, payment of the redemption moneys is improperly withheld or refused, the relevant Paying and Conversion Agent shall mail notification thereof to the depositing Noteholder at such address as may have been given by such Noteholder in the relevant Put Option Notice and shall hold such Note at its Specified Office for collection by the depositing Noteholder against surrender of the relevant Put Option Receipt. For so long as any outstanding Note is held by a Paying and Conversion Agent in accordance with this Condition 9(f7(b), the depositor of such Note and not such Paying and Conversion Agent shall be deemed to be the Holder holder of such Note for all purposes. Should a holder of any Note redeem such Note in accordance with this Condition 7(a), the Issuer shall publish a notice to such effect in a leading newspaper having general circulation in Luxembourg in accordance with Condition 47 and notify the Luxembourg Stock Exchange.
Appears in 1 contract
Samples: Trust Deed (Bema Gold Corp /Can/)