Common use of Redemption at the Option of the Company; Acceleration Clause in Contracts

Redemption at the Option of the Company; Acceleration. The Notes will be subject to redemption at any time at the option of the Company, in whole or in part, upon not less than 30 nor more than 60 days’ notice to each Holder of Notes to be redeemed at its address appearing in the Security Register, at a price equal to the sum of (i) the outstanding principal amount of the Notes being redeemed, plus accrued and unpaid interest to but excluding the applicable Redemption Date, plus (ii) the Make-Whole Amount, if any. If the Notes are redeemed on or after March 15, 2020, the redemption price will not include the Make-Whole Amount. Upon the acceleration of the Notes in accordance with Section 502 of the Indenture, the Company shall pay the amount specified in Section 4.2 of this Supplemental Indenture.

Appears in 2 contracts

Samples: Supplemental Indenture (CommonWealth REIT), Supplemental Indenture (CommonWealth REIT)

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Redemption at the Option of the Company; Acceleration. The Notes will be subject to redemption at any time at the option of the Company, in whole or in part, upon not less than 30 nor more than 60 days' notice to each Holder of Notes to be redeemed at its address appearing in the Security Register, at a price equal to the sum of (i) the outstanding principal amount of the Notes being redeemed, plus accrued and unpaid interest to but excluding the applicable Redemption Date, plus (ii) the Make-Whole Amount, if any. If the Notes notes are redeemed on or after March February 15, 20202016, the redemption price will not include the Make-Whole Amount. Upon the acceleration of the Notes in accordance with Section 502 of the Indenture, the Company shall pay the amount specified in Section 4.2 of this Supplemental Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (HRPT Properties Trust)

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Redemption at the Option of the Company; Acceleration. The Notes will be subject to redemption at any time at the option of the Company, in whole or in part, upon not less than 30 nor more than 60 days’ notice to each Holder of Notes to be redeemed at its address appearing in the Security Register, at a price equal to the sum of (i) the outstanding principal amount of the Notes being redeemed, plus accrued and unpaid interest to but excluding the applicable Redemption Date, plus (ii) the Make-Whole Amount, if any. If the Notes notes are redeemed on or after March December 15, 20202016, the redemption price will not include the Make-Whole Amount. Upon the acceleration of the Notes in accordance with Section 502 of the Indenture, the Company shall pay the amount specified in Section 4.2 of this Supplemental Indenture.

Appears in 1 contract

Samples: Supplemental Indenture (HRPT Properties Trust)

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