Redemption at the Option of the Company. (a) Prior to September 15, 2034 (three months prior to the Stated Maturity Date) (the “Par Call Date”), The Company may redeem the Senior Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of: (1) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the Redemption Date (assuming the Senior Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 15 basis points less (2) interest accrued to the date of redemption, and (ii) 100% of the principal amount of the Senior Notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to the Redemption Date. (b) On or after the Par Call Date, the Company may redeem the Senior Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Senior Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Date.
Appears in 2 contracts
Samples: Supplemental Indenture (Metlife Inc), Supplemental Indenture (Metlife Inc)
Redemption at the Option of the Company. The Senior Notes will be redeemable, at the sole option of the Company, in whole at any time or in part from time to time (aa “Redemption Date”), at a redemption price (the “Redemption Price”) Prior as described below. The Redemption Price at any time prior to September July 15, 2034 2048 (three 6 months prior to the Stated Maturity Datematurity date of the Senior Notes) (the a “Par Call Date”), The Company may redeem the Senior Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price (expressed as a percentage of principal amount and rounded to three decimal places) will be equal to the greater of:
of (1i) 100% of the aggregate principal amount of the Senior Notes to be redeemed and (ii) an amount equal to the sum of the present values of the remaining scheduled payments for principal of principal and interest thereon discounted on the Senior Notes to the Redemption Date (assuming be redeemed that would be due if the Senior Notes matured on the Par Call Date) , not including any portion of the payments of interest accrued as of such Redemption Date, discounted to such Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate Rate, plus 15 25 basis points less (2) points, plus, in each case, accrued and unpaid interest accrued on the principal amount of the Senior Notes to be redeemed to, but excluding, such Redemption Date. On or after the date of redemptionPar Call Date, and
(ii) the Redemption Price will be equal to 100% of the principal amount of the Senior Notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to the Redemption Date.
(b) On or after the Par Call Date, the Company may redeem the Senior Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Senior Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Date.
Appears in 1 contract
Redemption at the Option of the Company. (a) Prior to September July 15, 2034 2053 (three six months prior to the Stated Maturity Date) (the “Par Call Date”), The Company may redeem the Senior Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:
(1) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the Redemption Date (assuming the Senior Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 15 25 basis points less (2) interest accrued to the date of redemption, and
(ii) 100% of the principal amount of the Senior Notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to the Redemption Date.
(b) On or after the Par Call Date, the Company may redeem the Senior Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Senior Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Date.
Appears in 1 contract
Samples: Supplemental Indenture (Metlife Inc)
Redemption at the Option of the Company. (a) Prior to September January 15, 2034 2052 (three six months prior to the Stated Maturity Date) (the “Par Call Date”), The Company may redeem the Senior Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:
(1) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the Redemption Date (assuming the Senior Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 15 30 basis points less (2) interest accrued to the date of redemption, and
(ii) 100% of the principal amount of the Senior Notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to the Redemption Date.
(b) On or after the Par Call Date, the Company may redeem the Senior Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Senior Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Date.
Appears in 1 contract
Samples: Supplemental Indenture (Metlife Inc)
Redemption at the Option of the Company. (a) Prior to September April 15, 2034 2033 (three months prior to the Stated Maturity Date) (the “Par Call Date”), The Company may redeem the Senior Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:
(1) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the Redemption Date (assuming the Senior Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 15 25 basis points less (2) interest accrued to the date of redemption, and
(ii) 100% of the principal amount of the Senior Notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to the Redemption Date.
(b) On or after the Par Call Date, the Company may redeem the Senior Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Senior Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Date.
Appears in 1 contract
Samples: Supplemental Indenture (Metlife Inc)
Redemption at the Option of the Company. (a) Prior The Company will have the right to September 15redeem the Notes at its option, 2034 (three months in whole or in part prior to the Stated Maturity DateOctober 29, 2027 (1 month prior to their maturity date) (the “Par Call Date”), The Company may redeem the Senior Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:
(1i) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the Redemption Date redemption date (assuming the Senior Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined below) plus 15 40 basis points less (2ii) interest accrued to the date of redemption, and
(iib) 100% of the principal amount of the Senior Notes to be redeemed, ; plus, in either case, accrued and unpaid interest thereon to the Redemption Date.
(b) redemption date. On or after the Par Call Date, the Company may will have the right to redeem the Senior Notes, in whole or in part, at any time and from time to time, at a Redemption Price redemption price equal to 100% of the principal amount of the Senior Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Dateredemption date. Notice of any redemption will be mailed or electronically delivered (or otherwise transmitted in accordance with the depositary’s procedures) at least 10 days but not more than 60 days before the redemption date to each holder of Notes to be redeemed.
Appears in 1 contract
Redemption at the Option of the Company. The Senior Notes will be redeemable, at the sole option of the Company, in whole at any time or in part from time to time (aa “Redemption Date”), at a redemption price (the “Redemption Price”) Prior as described below. The Redemption Price at any time prior to September July 15, 2034 (three months prior to the Stated Maturity Date) 2026 (the “Par Call Date”), The Company may redeem the Senior Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price (expressed as a percentage of principal amount and rounded to three decimal places) will be equal to the greater of:
of (1i) 100% of the aggregate principal amount of the Senior Notes to be redeemed and (ii) an amount equal to the sum of the present values of the remaining scheduled payments for principal of principal and interest thereon discounted on the Senior Notes to the Redemption Date (assuming be redeemed that would be due if the Senior Notes matured on the Par Call Date) , not including any portion of the payments of interest accrued as of such Redemption Date, discounted to such Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate Rate, plus 15 20 basis points less points, plus, in the case of each of (2i) interest accrued to the date of redemption, and
and (ii) ), accrued and unpaid interest on the principal amount of the Senior Notes to be redeemed to, but excluding, such Redemption Date. On or after the Par Call Date, the Redemption Price will be equal to 100% of the principal amount of the Senior Notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to the Redemption Date.
(b) On or after the Par Call Date, the Company may redeem the Senior Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Senior Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Date.
Appears in 1 contract
Redemption at the Option of the Company. (a) Prior At any time prior to September April 15, 2034 (three months prior to 2022, the Stated Maturity Date) (Notes shall be redeemable, at the “Par Call Date”), The Company may redeem sole option of the Senior Notes at its optionCompany, in whole or in part, at any time and or in part from time to time, at a Redemption Price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:
of (1i) 100% of the aggregate principal amount of the Notes to be redeemed and (ii) an amount equal to the sum of the present values of the remaining scheduled payments for principal of principal and interest, and Additional Interest, if any, on the Notes to be redeemed, not including any portion of the payments of interest thereon accrued as of such Redemption Date, discounted to the such Redemption Date (assuming the Senior Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate Rate, plus 15 50 basis points less points, plus, in the case of each of (2i) interest accrued to the date of redemption, and
and (ii) 100% of ), accrued and unpaid interest on the principal amount of the Senior Notes to be redeemedredeemed to, plusbut excluding, in either case, accrued and unpaid interest thereon to the such Redemption Date.
(b) On At any time on or after the Par Call DateApril 15, 2022, the Company may redeem Notes shall be redeemable, at the Senior Notessole option of the Company, in whole or in part, at any time and or in part from time to time, at a Redemption Price equal to 100% of the principal amount of the Senior Notes being redeemed plus accrued and unpaid interest thereon on the principal amount of the Notes to the be redeemed to, but excluding, such Redemption Date.
Appears in 1 contract
Samples: Third Supplemental Indenture (Puget Energy Inc /Wa)
Redemption at the Option of the Company. (a) Prior to September 15October 11, 2034 2032 (three months prior to the Stated Maturity Date) (the “Par Call Date”), The the Company may redeem the Senior Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:
(1) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the Redemption Date (assuming the Senior Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 15 30 basis points less (2) interest accrued to the date of redemption, and
(ii) 100% of the principal amount of the Senior Notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to the Redemption Date.
(b) On or after the Par Call Date, the Company may redeem the Senior Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Senior Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Date.
Appears in 1 contract
Samples: Third Supplemental Indenture (Equitable Holdings, Inc.)
Redemption at the Option of the Company. (a) Prior The provisions of Sections 3.01, 3.02 and 3.03, as supplemented by the terms of this Fifth Supplemental Indenture, will apply to September 15, 2034 the Notes.
(three months b) At any time and from time to time prior to the Stated Maturity Date) (the “Par Call Date”), The Company may redeem the Senior Notes will be redeemable at its the Company’s option, in whole or in part, at any time and from time to time, at a Redemption Price redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:
of (1) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the Redemption Date (assuming the Senior Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 15 45 basis points points, less (2b) interest accrued to the date of redemptionRedemption Date, and
and (ii2) 100% of the principal amount of the Senior Notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to the Redemption Date.
(bc) On At any time and from time to time on or after the Par Call Date, the Company may redeem Notes will be redeemable at the Senior NotesCompany’s option, in whole or in part, at any time and from time to time, at a Redemption Price redemption price equal to 100% of the principal amount of the Senior Notes being redeemed to be redeemed, plus accrued and unpaid interest thereon to the Redemption Date.. For purposes of this Section 1.07:
Appears in 1 contract
Samples: Fifth Supplemental Indenture (Jackson Financial Inc.)
Redemption at the Option of the Company. The Company will have the right to redeem the Notes at its option, in whole or in part prior to August 29, 2032 (a) Prior to September 15, 2034 (three 3 months prior to the Stated Maturity Datetheir maturity date) (the “Par Call Date”), The Company may redeem the Senior Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:
(1i) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the Redemption Date redemption date (assuming the Senior Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined below) plus 15 50 basis points less (2ii) interest accrued to the date of redemption, and
(iib) 100% of the principal amount of the Senior Notes to be redeemed, ; plus, in either case, accrued and unpaid interest thereon to the Redemption Date.
(b) redemption date. On or after the Par Call Date, the Company may will have the right to redeem the Senior Notes, in whole or in part, at any time and from time to time, at a Redemption Price redemption price equal to 100% of the principal amount of the Senior Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Dateredemption date. Notice of any redemption will be mailed or electronically delivered (or otherwise transmitted in accordance with the depositary’s procedures) at least 10 days but not more than 60 days before the redemption date to each holder of Notes to be redeemed.
Appears in 1 contract
Redemption at the Option of the Company. The Senior Notes will be redeemable, at the sole option of the Company, in whole at any time or in part from time to time (aa “Redemption Date”), at a redemption price (the “Redemption Price”) Prior as described below. The Redemption Price at any time prior to September April 15, 2034 (three months prior to the Stated Maturity Date) 2046 (the “Par Call Date”), The Company may redeem the Senior Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price (expressed as a percentage of principal amount and rounded to three decimal places) will be equal to the greater of:
of (1i) 100% of the aggregate principal amount of the Senior Notes to be redeemed and (ii) an amount equal to the sum of the present values of the remaining scheduled payments for principal of principal and interest thereon discounted on the Senior Notes to the Redemption Date (assuming be redeemed that would be due if the Senior Notes matured on the Par Call Date) , not including any portion of the payments of interest accrued as of such Redemption Date, discounted to such Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate Rate, plus 15 25 basis points less points, plus, in the case of each of (2i) interest accrued to the date of redemption, and
and (ii) ), accrued and unpaid interest on the principal amount of the Senior Notes to be redeemed to, but excluding, such Redemption Date. On or after the Par Call Date, the Redemption Price will be equal to 100% of the principal amount of the Senior Notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to the Redemption Date.
(b) On or after the Par Call Date, the Company may redeem the Senior Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Senior Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Date.
Appears in 1 contract
Redemption at the Option of the Company. The Senior Notes will be redeemable, at the sole option of the Company, in whole at any time or in part from time to time (aa “Redemption Date”), at a redemption price (the “Redemption Price”) Prior as described below. The Redemption Price at any time prior to September February 15, 2034 2026 (three months one month prior to the Stated Maturity Datematurity date of the Senior Notes) (the a “Par Call Date”), The Company may redeem the Senior Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price (expressed as a percentage of principal amount and rounded to three decimal places) will be equal to the greater of:
of (1i) 100% of the aggregate principal amount of the Senior Notes to be redeemed and (ii) an amount equal to the sum of the present values of the remaining scheduled payments for principal of principal and interest thereon discounted on the Senior Notes to the Redemption Date (assuming be redeemed that would be due if the Senior Notes matured on the Par Call Date) , not including any portion of the payments of interest accrued as of such Redemption Date, discounted to such Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate Rate, plus 15 10 basis points less points, plus, in each case (2i) interest accrued to the date of redemption, and
and (ii) ), accrued and unpaid interest on the principal amount of the Senior Notes to be redeemed to, but excluding, such Redemption Date. On or after the Par Call Date, the Redemption Price will be equal to 100% of the principal amount of the Senior Notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to the Redemption Date.
(b) On or after the Par Call Date, the Company may redeem the Senior Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Senior Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Date.
Appears in 1 contract
Redemption at the Option of the Company. The Senior Notes will be redeemable, at the sole option of the Company, in whole at any time or in part from time to time (aa “Redemption Date”), at a redemption price (the “Redemption Price”) Prior as described below. The Redemption Price at any time prior to September 15January 1, 2034 2030 (three months prior to the Stated Maturity Datematurity date of the Senior Notes) (the a “Par Call Date”), The Company may redeem the Senior Notes at its option, in whole or in part, at any time and from time to time, at a Redemption Price (expressed as a percentage of principal amount and rounded to three decimal places) will be equal to the greater of:
of (1i) 100% of the aggregate principal amount of the Senior Notes to be redeemed and (ii) an amount equal to the sum of the present values of the remaining scheduled payments for principal of principal and interest thereon discounted on the Senior Notes to the Redemption Date (assuming be redeemed that would be due if the Senior Notes matured on the Par Call Date) , not including any portion of the payments of interest accrued as of such Redemption Date, discounted to such Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate Rate, plus 15 45 basis points less points, plus, in each case (2i) interest accrued to the date of redemption, and
and (ii) ), accrued and unpaid interest on the principal amount of the Senior Notes to be redeemed to, but excluding, such Redemption Date. On or after the Par Call Date, the Redemption Price will be equal to 100% of the principal amount of the Senior Notes to be redeemed, plus, in either case, accrued and unpaid interest thereon to the Redemption Date.
(b) On or after the Par Call Date, the Company may redeem the Senior Notes, in whole or in part, at any time and from time to time, at a Redemption Price equal to 100% of the principal amount of the Senior Notes being redeemed plus accrued and unpaid interest thereon to the Redemption Date.
Appears in 1 contract