Common use of Redemption for Tax Reasons Clause in Contracts

Redemption for Tax Reasons. If, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated under the laws) of the United States (or any taxing authority in the United States), or any change in, or amendments to, an official position regarding the application or interpretation of such laws, regulations or rulings, which change or amendment is announced or becomes effective on or after the date of the issuance of the Notes, the Company becomes or, based upon a written opinion of independent counsel selected by the Company, the Company will become obligated to pay additional amounts as described in Section 3.01 hereof with respect to a series of Notes, then the Company may at any time at its option redeem, in whole, but not in part, the outstanding Notes of such series on not less than 30 nor more than 60 days prior notice, at a redemption price equal to 100% of their principal amount, together with accrued and unpaid interest on those Notes to, but not including, the date fixed for redemption (such redemptions, a “Redemption for Tax Reasons”).

Appears in 2 contracts

Samples: Supplemental Indenture (Fedex Corp), Supplemental Indenture (Fedex Corp)

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Redemption for Tax Reasons. If, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated under the laws) of the United States (or any taxing authority in the United Statesthereof or therein), or any change in, or amendments to, an official position regarding the application or interpretation of such laws, regulations or rulings, which change or amendment is announced or becomes effective on or after the date of the issuance of the Noteshereof, the Company becomes or, based upon a written opinion of independent tax counsel of recognized standing selected by the Company, the Company will become obligated to pay additional amounts as described in pursuant to Section 3.01 3.10 hereof with respect to a series of the Notes, then the Company may at any time at its option option, having given not less than 30 nor more than 60 days prior notice to holders, redeem, in whole, but not in part, the outstanding Notes of such series on not less than 30 nor more than 60 days prior notice, at a redemption price equal to 100% of their the principal amount, together with accrued and unpaid interest (including any additional amounts) on those Notes such notes to, but not includingexcluding, the date fixed for redemption (such redemptions, a “Redemption for Tax Reasons”)date.

Appears in 2 contracts

Samples: Third Supplemental Indenture (Ball Corp), Second Supplemental Indenture (Ball Corp)

Redemption for Tax Reasons. If, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated under the laws) of the United States (or any political subdivision of or taxing authority in the United States), or any change in, or amendments amendment to, an official position regarding the application or interpretation of such laws, regulations or rulings, which change or amendment is announced or and becomes effective on or after the date of the issuance of the Notesthis offering memorandum, the Company becomes or, based upon a written opinion of independent counsel selected by the Company, the Company will become obligated to pay additional amounts Additional Amounts as described in Section 3.01 hereof 4.14 with respect to a series of the Notes, then the Company may at any time at its option redeem, in whole, whole but not in part, the outstanding Notes of such series on not less than 30 10 nor more than 60 days prior notice, at a redemption price equal to 100100.0% of their principal amount, together with accrued and unpaid interest on those Notes to, but not including, the date fixed for redemption (such redemptions, a “Redemption for Tax Reasons”)redemption.

Appears in 2 contracts

Samples: Indenture (Cogent Communications Holdings, Inc.), Indenture

Redemption for Tax Reasons. If, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated under the laws) of the United States (or any taxing authority in the United Statesthereof or therein), or any change in, or amendments to, an official position regarding the application or interpretation of such laws, regulations or rulings, which change or amendment is announced or becomes effective on or after the date of the issuance of the Noteshereof, the Company becomes or, based upon a written opinion of independent tax counsel of recognized standing selected by the Company, the Company will become obligated to pay additional amounts as described in pursuant to Section 3.01 3.10 hereof with respect to a series of the Notes, then the Company may at any time at its option option, having given not less than 15 nor more than 60 days prior notice to holders, redeem, in whole, but not in part, the outstanding Notes of such series on not less than 30 nor more than 60 days prior notice, at a redemption price equal to 100% of their the principal amount, together with accrued and unpaid interest (including any additional amounts) on those Notes such notes to, but not includingexcluding, the date fixed for redemption (such redemptions, a “Redemption for Tax Reasons”)date.

Appears in 2 contracts

Samples: Eleventh Supplemental Indenture (BALL Corp), Twelfth Supplemental Indenture (BALL Corp)

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Redemption for Tax Reasons. If, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated under the laws) of the United States (or any taxing authority in the United States), or any change in, or amendments to, an official position regarding the application or interpretation of such laws, regulations or rulings, which change or amendment is announced or becomes effective on or after the date of the issuance of the Notesthis Fourth Supplemental Indenture, the Company becomes or, based upon a written opinion of independent counsel selected by the Company, the Company will become obligated to pay additional amounts Additional Amounts as described in under Section 3.01 hereof 2.5 with respect to a series the Notes and such obligation cannot be avoided by the use of Notesreasonable measures available to the Company, then the Company may at any time at its option redeem, in whole, but not in part, the outstanding Notes of such series on not less than 30 nor more than 60 days prior notice, at a redemption price Redemption Price equal to 100% of their principal amount, together with accrued and unpaid interest on those Notes to, but not including, the date fixed for redemption (such redemptions, a “Redemption for Tax Reasons”)Date.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (DOVER Corp)

Redemption for Tax Reasons. If, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated under the laws) of the United States (or any taxing authority in the United States), or any change in, or amendments to, an official position regarding the application or interpretation of such laws, regulations or rulings, which change or amendment is announced or becomes effective on or after the date of the issuance of the Notes, the Company becomes or, based upon a written opinion of independent counsel selected by the Company, the Company will become obligated to pay additional amounts as described in Section 3.01 hereof with respect to a series of the Notes, then the Company may at any time at its option redeem, in whole, but not in part, the outstanding Notes of such series on not less than 30 nor more than 60 days prior notice, at a redemption price equal to 100% of their principal amount, together with accrued and unpaid interest on those Notes to, but not including, the date fixed for redemption (any such redemptionsa redemption, a “Redemption for Tax Reasons”).

Appears in 1 contract

Samples: Supplemental Indenture (Fedex Corp)

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