Common use of Redemption of Notes for Sinking Fund Clause in Contracts

Redemption of Notes for Sinking Fund. Not less than 60 days prior to each sinking fund payment date for any series of Notes (unless a shorter period shall be satisfactory to the Trustee), the Company will deliver to the Trustee an Officers’ Certificate specifying the amount of the next sinking fund payment for that series pursuant to the terms of that series, the portion thereof, if any, that is to be satisfied by delivering and crediting Notes of that series pursuant to Section 10.02 and the basis for any such credit and, prior to or concurrently with the delivery of such Officers’ Certificate, will also deliver to the Trustee any Notes to be credited and not theretofore delivered to the Trustee. Not less than 45 days (unless a shorter period shall be satisfactory to the Trustee) before each sinking fund payment date the Trustee shall select the Notes to be redeemed upon such sinking fund payment date in the manner specified in Section 3.01 and cause notice of the redemption thereof to be given in the name of and at the expense of the Company in the manner provided in Section 3.01. Such notice having been duly given, the redemption of such Notes shall be made upon the terms and in the manner stated in Sections 3.01, 3.02 and 3.03.

Appears in 2 contracts

Samples: Barnes Group Inc, Barnes Group Inc

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Redemption of Notes for Sinking Fund. Not less than 60 days prior to each sinking fund payment date for any series of Notes (unless a shorter period shall be satisfactory to the Trustee), the Company will deliver to the Trustee an Officers' Certificate of such entity specifying the amount of the next sinking fund payment for that series pursuant to the terms of that series, the portion thereof, if any, that is to be satisfied by delivering and crediting Notes of that series pursuant to Section 10.02 and the basis for any such credit and, prior to or concurrently with the delivery of such Officers' Certificate, also will also deliver to the Trustee any Notes to be credited and not theretofore delivered to the Trustee. Not less than 45 days (unless a shorter period shall be satisfactory to the Trustee) before each sinking fund payment date the Trustee shall select the Notes to be redeemed upon such sinking fund payment date in the manner specified in Section 3.01 and cause notice of the redemption thereof to be given in the name of and at the expense of the Company in the manner provided in Section 3.01. Such notice having been duly given, the redemption of such Notes shall be made upon the terms and in the manner stated in Sections 3.01, 3.02 3.01 and 3.033.02.

Appears in 2 contracts

Samples: Indenture (Giant Industries Inc), Giant Industries Inc

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Redemption of Notes for Sinking Fund. Not less than 60 days prior to each sinking fund payment date for any series Series of Notes (unless a shorter period shall be satisfactory to the Trustee)Notes, the Company will deliver to the Trustee an Officers’ Officer’s Certificate specifying the amount of the next ensuing sinking fund payment for that series pursuant to the terms of that series, the portion thereof, if any, that which is to be satisfied by payment of cash and the portion thereof, if any, which is to be satisfied by delivering and crediting Notes of that series Series pursuant to Section 10.02 12.2 and the basis for any such credit and, prior to or concurrently with the delivery of such Officers’ Certificate, will also deliver to the Trustee any Notes to be credited and not theretofore delivered to the Trusteesuch Notes. Not less than 45 30 days (unless a shorter period shall be satisfactory to the Trustee) before each such sinking fund payment date the Trustee shall select the Notes to be redeemed upon such sinking fund payment date in the manner specified in Section 3.01 3.2 of the Base Indenture and cause notice of the redemption thereof to be given in the name of and at the expense of the Company in the manner provided in Section 3.013.3 of the Base Indenture. Such notice having been duly given, the redemption of such Notes shall be made upon the terms and in the manner stated in Sections 3.01, 3.02 3.4 and 3.033.6 of the Base Indenture.

Appears in 1 contract

Samples: First Supplemental Indenture (Rekor Systems, Inc.)

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