Common use of Redemption in Part Clause in Contracts

Redemption in Part. (a) If less than all of the Outstanding Notes are to be redeemed, the Trustee will select the Notes to be redeemed in principal amounts of $1,000 or integral multiples of $1,000, by lot, on a pro rata basis or by another method the Trustee considers fair and appropriate, subject in each case to compliance with the Applicable Procedures of the Depositary. If a portion of the Notes is selected for partial redemption and the Holder of such Notes converts a portion of its Notes, the converted portion shall be deemed to be from the portion selected for redemption, except to the extent of the excess, if any, of such converted portion over such portion selected for redemption.

Appears in 2 contracts

Samples: Indenture (Protalix BioTherapeutics, Inc.), Indenture (Protalix BioTherapeutics, Inc.)

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Redemption in Part. (a) If less than all of the Outstanding Notes are to be redeemed, the Trustee will select the Notes to be redeemed in principal amounts of $1,000 or integral multiples of $1,0001,000 in excess thereof, by lot, on a pro rata basis basis, by lot or by another method the Trustee considers fair and appropriate, subject subject, in each case case, to compliance with the Applicable Procedures of the Depositary. If a portion of the Notes is selected for partial redemption and the Holder of such Notes converts a portion of its Notes, the converted portion shall be deemed to be from the portion selected for redemption, except to the extent of the excess, if any, of such converted portion over such portion selected for redemption.

Appears in 1 contract

Samples: Supplemental Indenture (Oasis Petroleum Inc.)

Redemption in Part. (a) If less than all of the Outstanding Notes are to be redeemed, the Trustee will select the Notes to be redeemed in principal amounts of $1,000 or integral multiples of $1,0001,000 in excess thereof, by lot, on a pro rata basis basis, or by another method the Trustee considers fair and appropriate, subject subject, in each case case, to compliance with the Applicable Procedures of the Depositary. If a portion of the Notes is selected for partial redemption and the Holder of such Notes converts a portion of its Notes, the converted portion shall be deemed to be from the portion selected for redemption, except to the extent of the excess, if any, of such converted portion over such portion selected for redemption.

Appears in 1 contract

Samples: Amicus Therapeutics Inc

Redemption in Part. (a) If less than all of the Outstanding Notes are to be redeemed, the Trustee will select the Notes to be redeemed in principal amounts of $1,000 or integral multiples of $1,000, by lot, on a pro rata basis lot or by another method the Trustee considers reasonable, fair and appropriate, subject appropriate in each case to compliance accordance with the Applicable Procedures of the DepositaryProcedures. If a portion of the Notes is selected for partial redemption and the Holder of such Notes converts a portion of its Notes, the converted portion shall be deemed to be from of the portion selected for redemption, except to the extent of that the excess, if any, of such converted portion over such does not exceed the portion selected for redemption.

Appears in 1 contract

Samples: Seacor Holdings Inc /New/

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Redemption in Part. (a) If less than all of the Outstanding Notes are to be redeemed, the Trustee will select the Notes to be redeemed in principal amounts of $1,000 200,000 or integral multiples of $1,0001,000 in excess thereof, by lot, on a pro rata basis basis, or by another method the Trustee considers fair and appropriate, subject subject, in each case case, to compliance with the Applicable Procedures of the Depositary. If a portion of the Notes is selected for partial redemption and the Holder of such Notes converts exchanges a portion of its Notes, the converted exchanged portion shall be deemed to be from the portion selected for redemption, except to the extent of the excess, if any, of such converted exchanged portion over such portion selected for redemption.

Appears in 1 contract

Samples: Trinity Biotech PLC

Redemption in Part. (a) If less than all of the Outstanding outstanding Notes are to be redeemed, the Trustee will select the Notes to be redeemed in principal amounts of $1,000 or integral multiples of $1,0001,000 in excess thereof, by lot, on a pro rata basis lot or by another method the Trustee considers reasonable, fair and appropriate, subject appropriate in each case to compliance accordance with the Applicable Procedures of the DepositaryProcedures. If a portion of the Notes is selected for partial redemption and the Holder of such Notes converts a portion of its Notes, the converted portion shall be deemed to be from of the portion selected for redemption, except to the extent of that the excess, if any, of such converted portion over such does not exceed the portion selected for redemption.

Appears in 1 contract

Samples: Indenture (Molina Healthcare Inc)

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