Common use of Redemption for Taxation Reasons Clause in Contracts

Redemption for Taxation Reasons. (a) The Issuer may redeem the Notes, in whole but not in part, at its discretion at any time upon giving not less than 30 nor more than 60 days’ prior notice to the Holders of the Notes (which notice will be irrevocable and given in accordance with Section 3.03(a)), at a redemption price equal to the principal amount thereof, together with accrued and unpaid interest, if any, to the date fixed by the Issuer for redemption (a “Tax Redemption Date”) and all Additional Amounts (if any) then due and which will become due on the Tax Redemption Date as a result of the redemption or otherwise (subject to the right of Holders of record of the Notes on the relevant Interest Record Date to receive interest due on the relevant Interest Payment Date and Additional Amounts (if any) in respect thereof), if on the next date on which any amount would be payable in respect of the Notes, the Issuer is or would be required to pay Additional Amounts (but, in the case of any Note Guarantors, only if such amount cannot be paid by the Issuer or another Note Guarantor who can pay such amount, through the use of reasonable measures available to it, without the obligation to pay Additional Amounts) and the Issuer or any Note Guarantor cannot avoid any such payment obligation by taking reasonable measures available, and the requirement arises as a result of:

Appears in 4 contracts

Samples: Indenture (Enduro SpA), Indenture (Emeco Parts Pty LTD), Indenture (Emeco Parts Pty LTD)

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Redemption for Taxation Reasons. (a) The Issuer Subject to Section 16, the Company may redeem the Notesall, in whole but not in partless than all, of the outstanding principal amount of this Note, at its discretion option, at any time upon time, on giving not less than 30 thirty (30) nor more than 60 sixty (60) days’ prior notice (a “Tax Redemption Notice”) to the Holders of the Notes Holder (which notice will shall be irrevocable and given in accordance with Section 3.03(a)irrevocable), at a redemption price equal to the principal amount thereof, together with accrued and unpaid interest, if any, to on the date fixed by specified in the Issuer Tax Redemption Notice for redemption (a the “Tax Redemption Date”) at 100% of the outstanding principal amount thereof plus accrued and all Additional Amounts (unpaid Interest, if any, to (but excluding) then due and which will become due on the Tax Redemption Date (the “Tax Redemption Price”), if (i) the Company has or will become obliged to pay Additional Amounts as provided or referred to in Section 14 as a result of any change in, or amendment to, the redemption Laws of any Relevant Jurisdiction or, in each case, any political subdivision or otherwise any authority thereof or therein having power to tax, or any change in the general application or official interpretation (subject to whether made by way of official statement or otherwise) of such Laws, which change or amendment becomes effective on or after the right of Holders of record of the Notes on the relevant Interest Record Date to receive interest due on the relevant Interest Payment Issuance Date and Additional Amounts (if anyii) in respect thereof), if on the next date on which any amount would be payable in respect of the Notes, the Issuer is or would be required to pay Additional Amounts (but, in the case of any Note Guarantors, only if such amount obligation cannot be paid avoided by the Issuer or another Note Guarantor who can pay such amount, through the use of Company taking reasonable measures available to it, without provided that no Tax Redemption Notice shall be given earlier than ninety (90) days prior to the obligation earliest date on which the Company would be obliged to pay such Additional Amounts) and the Issuer or any Amounts were a payment in respect of this Note Guarantor cannot avoid any such payment obligation by taking reasonable measures available, and the requirement arises as a result of:then due.

Appears in 2 contracts

Samples: Securities Exchange Agreement (Lufax Holding LTD), Securities Exchange Agreement (Lufax Holding LTD)

Redemption for Taxation Reasons. (a) The Issuer may redeem the Notes, in whole but not in part, at its discretion at any time upon giving not less than 30 10 nor more than 60 days’ prior notice of redemption to the Holders thereof pursuant to Section 3.03 and Section 14.01 of the Notes (which notice will be irrevocable and given in accordance with Section 3.03(a))Indenture, at a redemption price equal to the principal amount thereof, together with accrued and unpaid interest, if any, interest to the date fixed by the Issuer for redemption (a “Tax Redemption Date”) and all Additional Amounts (if any) then due and which will become due on the Tax Redemption Date as a result of the redemption or otherwise (subject to the right of Holders of record of the Notes on the relevant Interest Record Date record date to receive interest due on the relevant Interest Payment Date and Additional Amounts (if any) in respect thereof), if on the next date on which any amount would be payable in respect of the Notes, the Issuer is has or would be required to pay Additional Amounts (butAmounts, in the case of any Note Guarantors, only if such amount cannot be paid by the Issuer or another Note Guarantor who can pay such amount, through the use of reasonable measures available to it, without the obligation to pay Additional Amounts) and the Issuer or any Note Guarantor cannot avoid any such payment obligation by taking reasonable measures availableavailable to it, and the requirement arises as a result of:

Appears in 1 contract

Samples: Indenture (VimpelCom Ltd.)

Redemption for Taxation Reasons. (a) The Issuer may Bank will have the right to redeem the NotesNotes in whole, in whole but not in part, at its discretion at any time upon (in the case of Notes other than Floating Rate Notes) or on any Interest Payment Date (in the case of Floating Rate Notes), following the occurrence of a Tax Event (as defined herein) that would require us to pay additional amounts on the Notes of any Series pursuant to “Payments of Additional Amounts” above, unless at the time there is available to us the opportunity to eliminate the Tax Event by taking some ministerial action, such as filing a form or making an election, or pursuing some other similar reasonable measure that in our sole judgment has or will cause no adverse effect on us or any of our subsidiaries or affiliates and will involve no material cost, in which event we will pursue that measure in lieu of redemption. If the Bank’s redemption right arises under such circumstances, the Bank may, by giving to the holders of the Notes not more than 60 nor less than 30 nor more than 60 days’ prior notice in accordance with “Notices” below, which notices shall be irrevocable and shall specify the date fixed for redemption, redeem all, but not some only, of the Notes. The Bank shall give each such notice to the Holders of the Notes (which notice will be irrevocable and given Trustee in accordance with Section 3.03(a)), writing at a redemption price equal to the principal amount thereof, together with accrued and unpaid interest, if any, to least 15 days before the date fixed by the Issuer for redemption (a “Tax Redemption Date”) and all Additional Amounts (if any) then due and which will become due on the Tax Redemption Date as a result of the redemption or otherwise (subject such notice is mailed to the right of Holders of record of the Notes on the relevant Interest Record Date to receive interest due on the relevant Interest Payment Date and Additional Amounts (if any) in respect thereof), if on the next date on which any amount would be payable in respect each Holder of the Notes, unless the Issuer is or would Trustee consents to a shorter period. If the Bank redeems the Notes in these circumstances, the redemption price of each Note will be required equal to pay Additional Amounts (but, in 100% of the case principal amount of any such Note Guarantors, only if plus accrued but unpaid interest on such amount cannot be paid by Note to the Issuer or another Note Guarantor who can pay such amount, through the use date of reasonable measures available to it, without the obligation to pay Additional Amounts) and the Issuer or any Note Guarantor cannot avoid any such payment obligation by taking reasonable measures available, and the requirement arises as a result of:redemption.

Appears in 1 contract

Samples: nbcstructuredsolutions.ca

Redemption for Taxation Reasons. (a) The Issuer may redeem the Notes, in whole but not in part, at its discretion at any time upon giving not less than 30 10 nor more than 60 days’ prior notice to the Holders of Trustee, the Notes Principal Paying Agent and the Noteholders (which notice will be irrevocable and given distributed to Noteholders in accordance with Section 3.03(a)the manner as described in this Condition), at a redemption price equal to 100% of the principal amount thereof, together with accrued and unpaid interest, if any, to the date fixed by the Issuer for redemption (a the “Tax Redemption Date”) and all Additional Amounts (if any) then due and which that will become due on the Tax Redemption Date as a result of the redemption or otherwise (subject to the right of Holders Noteholders of record of the Notes on the relevant Interest Record Date record date to receive interest due on the relevant an Interest Payment Date that is prior to the Tax Redemption Date and Additional Amounts (if any) in respect thereof), if on the next date on which any amount would be payable in respect of the Notes, the Issuer is or would be required to pay Additional Amounts (butAmounts, in the case of any Note Guarantors, only if such amount cannot be paid by the Issuer or another Note Guarantor who can pay such amount, through the use of reasonable measures available to it, without the obligation to pay Additional Amounts) and the Issuer or any Note Guarantor cannot avoid any such payment obligation by taking reasonable measures availableavailable to it, and including the requirement arises appointment of a different Paying Agent (provided that changing the jurisdiction of the Issuer is not a reasonable measure for purposes of this section), as a result of:

Appears in 1 contract

Samples: www.gruppotim.it

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Redemption for Taxation Reasons. (a) The Issuer may redeem the Notes, in whole but not in part, at its discretion at any time upon giving not less than 30 nor more than 60 days’ prior notice of redemption to the Holders thereof pursuant to Section 3.03 and Section 14.01 of the Notes (which notice will be irrevocable and given in accordance with Section 3.03(a))Indenture, at a redemption price equal to the principal amount thereof, together with accrued and unpaid interest, if any, interest to the date fixed by the Issuer for redemption (a “Tax Redemption Date”) and all Additional Amounts (if any) then due and which will become due on the Tax Redemption Date as a result of the redemption or otherwise (subject to the right of Holders of record of the Notes on the relevant Interest Record Date record date to receive interest due on the relevant Interest Payment Date and Additional Amounts (if any) in respect thereof), if on the next date on which any amount would be payable in respect of the Notes, the Issuer is has or would be required to pay Additional Amounts (butAmounts, in the case of any Note Guarantors, only if such amount cannot be paid by the Issuer or another Note Guarantor who can pay such amount, through the use of reasonable measures available to it, without the obligation to pay Additional Amounts) and the Issuer or any Note Guarantor cannot avoid any such payment obligation by taking reasonable measures availableavailable to it, and the requirement arises as a result of:

Appears in 1 contract

Samples: Indenture (VimpelCom Ltd.)

Redemption for Taxation Reasons. (a) The Issuer may redeem the Senior Secured Notes, in whole but not in part, at its discretion at any time upon giving not less than 30 10 nor more than 60 days’ prior notice to the Holders of the Senior Secured Notes (which notice will be irrevocable and given in accordance with the procedures described in Section 3.03(a)3.03), at a redemption price equal to 100% of the aggregate principal amount thereof, together with accrued and unpaid interest, if any, to the date fixed by the Issuer for redemption (a “Tax Redemption Date”) and all Additional Amounts (if any) then due and which will become due on the Tax Redemption Date as a result of the redemption or otherwise (subject to the right of Holders of record of the Notes on the relevant Interest Record Date to receive interest due on the relevant Interest Payment Date and Additional Amounts (if any) in respect thereof)otherwise, if on the next date on which any amount would be payable in respect of the Senior Secured Notes, the Issuer or any Guarantor (each, a “Payor”) is or would be required to pay Additional Amounts (but, in the case of any Note Guarantorsa Payor that is a Guarantor, only if the payment giving rise to such amount requirement cannot be paid made by the Issuer or another Note Guarantor who can pay make such amount, through the use of reasonable measures available to it, payment without the obligation to pay Additional Amounts) ), and the Issuer or any Note Guarantor Payor cannot avoid any such payment obligation by taking reasonable measures available, and the requirement arises as a result of:

Appears in 1 contract

Samples: Additional Intercreditor Agreement

Redemption for Taxation Reasons. (a) The Issuer may redeem the Senior Secured Notes, in whole but not in part, at its discretion at any time upon giving not less than 30 nor more than 60 days’ prior notice to the Holders holders of the Senior Secured Notes (which notice will be irrevocable and given in accordance with the procedures described in Section 3.03(a)3.03), at a redemption price equal to 100% of the aggregate principal amount thereof, together with accrued and unpaid interest, if any, to the date fixed by the Issuer for redemption (a “Tax Redemption Date”) and all Additional Amounts (if any) then due and which will become due on the Tax Redemption Date as a result of the redemption or otherwise (subject to the right of Holders of record holders of the Senior Secured Notes on the relevant Interest Record Date record date to receive interest due on the relevant Interest Payment Date interest payment date and Additional Amounts (if any) in respect thereof), if on the next date on which any amount would be payable in respect of the Senior Secured Notes, the Issuer or any Guarantor (each, a “Payor”) is or would be required to pay Additional Amounts (but, in the case of any Note Guarantorsa Payor that is a Guarantor, only if the payment giving rise to such amount requirement cannot be paid made by the Issuer or another Note Guarantor who can pay make such amount, through the use of reasonable measures available to it, payment without the obligation to pay Additional Amounts) ), and the Issuer or any Note Guarantor Payor cannot avoid any such payment obligation by taking reasonable measures available, and the requirement arises as a result of:

Appears in 1 contract

Samples: Additional Intercreditor Agreement

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