Redemption of the Notes by the Company. Subject to the terms and conditions of the Indenture, the Company may, at its option, redeem for cash all or a portion of the Notes at any time (i) during the period commencing on February 4, 2009 to and including January 31, 2010, at a Redemption Price equal to 100.571% of the Accreted Principal Amount of the Notes plus accrued and unpaid interest, Contingent Interest and Additional interest, if any, to, but not including, the Redemption Date; (ii) during the period commencing on February 1, 2010 to and including January 31, 2011, at a Redemption Price equal to 100.286% of the Accreted Principal Amount of the Notes plus accrued and unpaid interest, Contingent Interest and Additional Interest, if any, to, but not including, the Redemption Date; and (iii) beginning on February 1, 2011, at a Redemption Price equal to 100% of the Accreted Principal Amount of the Notes plus accrued and unpaid interest, Contingent Interest and Additional Interest, if any, to, but not including, the Redemption Date. At least 20 calendar days but not more than 60 calendar days before a Redemption Date, the Company shall mail a notice of redemption by first-class mail, postage prepaid, to each Holder of Notes to be redeemed. Once notice of redemption is given, Notes called for redemption become due and payable on the Redemption Date and at the Redemption Price, except for Notes which are converted in accordance with the terms of this Indenture. Upon surrender to the Paying Agent, such Notes shall be paid at the Redemption Price. If the Paying Agent holds, in accordance with the terms hereof, at 10:00 a.m., New York City time, on the applicable Redemption Date, cash sufficient to pay the Redemption Price of any Notes for which notice of redemption is given, then, on such Redemption Date, such Notes shall cease to be outstanding and interest, Contingent Interest and Additional Interest, if any, on such Notes shall cease to accrue, whether or not such Notes are delivered to the Paying Agent, and the rights of the Holders in respect thereof shall terminate (other than the right to receive the Redemption Price upon delivery of such Notes).
Appears in 1 contract
Samples: Comtech Telecommunications Corp /De/
Redemption of the Notes by the Company. Subject to the terms and conditions of the Indenture, the Company may, at its option, redeem for cash all or a portion of the Notes at any time (i) during the period commencing on February 4or after December 1, 2009 to and including January 31, 2010, at a Redemption Price equal to 100.571% of the Accreted Principal Amount of the Notes plus accrued and unpaid interest, Contingent Interest and Additional interest, if any, to, but not including, the Redemption Date; (ii) during the period commencing on February 1, 2010 to and including January 31, 2011, at a Redemption Price equal to 100.286% of the Accreted Principal Amount of the Notes plus accrued and unpaid interest, Contingent Interest and Additional Interest, if any, to, but not including, the Redemption Date; and (iii) beginning on February 1, 2011, at a Redemption Price equal to 100% of the Accreted Principal Amount principal amount of the Notes to be redeemed plus accrued and unpaid interest, Contingent Interest and interest (including Additional Interest, if any, ) to, but not including, the Redemption Date. Additionally, in circumstances described in the Indenture, the Company may, at its option, redeem for cash all or a portion of the Notes at any time on or after December 1, 2007 and before December 1, 2009 at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest (including Additional Interest, if any) to, but not including, the Redemption Date, plus a make whole premium as described in the Indenture. At least 20 30 calendar days but not more than 60 calendar days before a Redemption Date, the Company shall mail a notice of redemption by first-class mail, postage prepaid, to each Holder of Notes to be redeemed. Once notice of redemption is given, Notes called for redemption become due and payable on the Redemption Date and at the Redemption Price, except for Notes which are converted in accordance with the terms of this Indenture. Upon surrender to the Paying Agent, such Notes shall be paid at the Redemption Price. If the Paying Agent holds, in accordance with the terms hereof, at 10:00 a.m., New York City time, on the applicable Redemption Date, cash sufficient to pay the Redemption Price of any Notes for which notice of redemption is given, then, on such Redemption Date, such Notes shall cease to be outstanding and interest, Contingent Interest and interest (including Additional Interest, if any, ) on such Notes shall cease to accrue, whether or not such Notes are delivered to the Paying Agent, and the rights of the Holders in respect thereof shall terminate (other than the right to receive the Redemption Price upon delivery of such Notes).
Appears in 1 contract
Samples: Cray Inc
Redemption of the Notes by the Company. Subject to the terms and conditions of the Indenture, the Company may, at its option, redeem for cash (i) all or a portion of the Notes at any time (i) during the period commencing beginning on February 4March 15, 2009 to and including January 31, 20102011, at a Redemption Price equal to 100.571100% of the Accreted Principal Amount principal amount of the Notes plus accrued and unpaid interest, Contingent Interest and Additional interest, if any, to, but not including, the Redemption Date; (ii) during the period commencing on February 1, 2010 to and including January 31, 2011, at a Redemption Price equal to 100.286% of the Accreted Principal Amount of the Notes plus accrued and unpaid interest, Contingent Interest Amounts and Additional Interest, if any, to, but not including, the Redemption Date; , and (iiiii) beginning on February 1, 2011, all of the Notes at any time at a Redemption Price equal to 100% of the Accreted Principal Amount principal amount of the Notes plus accrued and unpaid interest, Contingent Interest Additional Amounts and Additional Interest, if any, to, but not including, the Redemption Date, in the event of certain changes affecting tax laws described in clause (ii) of Section 3.1 of the Indenture, subject to the option of each Holder to avoid such redemption with respect to its Notes as provided in such Section. At least 20 calendar days but not more than 60 calendar days before a Redemption Date, the Company shall mail a notice of redemption by first-class mail, postage prepaid, to each Holder of Notes to be redeemed. Once notice of redemption is given, Notes called for redemption become due and payable on the Redemption Date and at the Redemption Price, except for Notes which are converted in accordance with the terms of this Indenture. Upon surrender to the Paying Agent, such Notes shall be paid at the Redemption Price. If the Paying Agent holds, in accordance with the terms hereof, at 10:00 11:00 a.m., New York City time, on the applicable Redemption Date, cash sufficient to pay the Redemption Price of any Notes for which notice of redemption is given, then, on such Redemption Date, such Notes shall cease to be outstanding and interest, Contingent Interest Additional Amounts and Additional Interest, if any, on such Notes shall cease to accrue, whether or not such Notes are delivered to the Paying Agent, and the rights of the Holders in respect thereof shall terminate (other than the right to receive the Redemption Price upon delivery of such Notes).
Appears in 1 contract
Samples: Willbros Group Inc
Redemption of the Notes by the Company. Subject to the terms and conditions of the Indenture, the Company may, at its option, redeem for cash all or a portion of the Notes at any time (i) during the period commencing on February 4or after December 1, 2009 to and including January 31, 2010, at a Redemption Price equal to 100.571% of the Accreted Principal Amount of the Notes plus accrued and unpaid interest, Contingent Interest and Additional interest, if any, to, but not including, the Redemption Date; (ii) during the period commencing on February 1, 2010 to and including January 31, 2011, at a Redemption Price equal to 100.286% of the Accreted Principal Amount of the Notes plus accrued and unpaid interest, Contingent Interest and Additional Interest, if any, to, but not including, the Redemption Date; and (iii) beginning on February 1, 2011, at a Redemption Price equal to 100% of the Accreted Principal Amount principal amount of the Notes to be redeemed plus accrued and unpaid interest, interest (including Contingent Interest and Additional Interest, if any, ) to, but not including, the Redemption Date. At least 20 30 calendar days but not more than 60 calendar days before a Redemption Date, the Company shall mail a notice of redemption by first-class mail, postage prepaid, to each Holder of Notes to be redeemed. Once notice of redemption is given, Notes called for redemption become due and payable on the Redemption Date and at the Redemption Price, except for Notes which are converted in accordance with the terms of this Indenture. Upon surrender to the Paying Agent, such Notes shall be paid at the Redemption Price. If the Paying Agent holds, in accordance with the terms hereof, at 10:00 a.m., New York City time, on the applicable Redemption Date, cash sufficient to pay the Redemption Price of any Notes for which notice of redemption is given, then, on such Redemption Date, such Notes shall cease to be outstanding and interest, interest (including Contingent Interest and Additional Interest, if any, ) on such Notes shall cease to accrue, whether or not such Notes are delivered to the Paying Agent, and the rights of the Holders in respect thereof shall terminate (other than the right to receive the Redemption Price upon delivery of such Notes).
Appears in 1 contract
Redemption of the Notes by the Company. Subject to the terms and conditions of the Indenture, the Company may, at its option, redeem for cash all or a portion of the Notes at any time (i) during the period commencing on February 4or after May 15, 2009 to and including January 31, 2010, 2013 at a Redemption Price redemption price equal to 100.571100% of the Accreted Principal Amount principal amount of the Notes to be redeemed plus accrued and unpaid interest, Contingent Interest and Additional interest, if any, to, but not including, the Redemption Date; interest (ii) during the period commencing on February 1, 2010 to and including January 31, 2011, at a Redemption Price equal to 100.286% of the Accreted Principal Amount of the Notes plus accrued and unpaid interest, Contingent Interest and Additional Interest, if any, to, but not including, the Redemption Date; and (iii) beginning on February 1, 2011, at a Redemption Price equal to 100% of the Accreted Principal Amount of the Notes plus accrued and unpaid interest, Contingent Interest and Additional Interest, if any, to, but not including, the Redemption Date. At least 20 30 calendar days but not more than 60 calendar days before a Redemption Date, the Company shall mail a notice of redemption by first-class mail, postage prepaid, to each Holder of Notes to be redeemed. Once notice of redemption is given, Notes called for redemption become due and payable on the Redemption Date and at the Redemption Price, except for Notes which are converted in accordance with the terms of this the Indenture. Upon surrender to the Paying Agent, such Notes shall be paid at the Redemption Price. If the Paying Agent holds, in accordance with the terms hereof, at 10:00 a.m., New York City time, on the applicable Redemption Date, cash sufficient to pay the Redemption Price of any Notes for which notice of redemption is given, then, on such Redemption Date, such Notes shall cease to be outstanding and interest, interest (including Contingent Interest and Additional Interest, if any, ) on such Notes shall cease to accrue, whether or not such Notes are delivered to the Paying Agent, and the rights of the Holders in respect thereof shall terminate (other than the right to receive the Redemption Price upon delivery of such Notes).
Appears in 1 contract
Samples: Greenbrier Companies Inc
Redemption of the Notes by the Company. Subject to the terms and conditions of the Indenture, the Company may, at its option, redeem for cash all or a portion of the Notes at any time (i) during the period commencing on February 4or after May 1, 2009 to and including January 31, 2010, at a Redemption Price equal to 100.571% of the Accreted Principal Amount of the Notes plus accrued and unpaid interest, Contingent Interest and Additional interest, if any, to, but not including, the Redemption Date; (ii) during the period commencing on February 1, 2010 to and including January 31, 2011, at a Redemption Price equal to 100.286% of the Accreted Principal Amount of the Notes plus accrued and unpaid interest, Contingent Interest and Additional Interest, if any, to, but not including, the Redemption Date; and (iii) beginning on February 1, 2011, at a Redemption Price equal to 100% of the Accreted Principal Amount principal amount of the Notes to be redeemed plus accrued and unpaid interest (including Additional interest, Contingent Interest and Additional Interest, if any, ) to, but not including, the Redemption Date. At least 20 calendar days but not more than 60 calendar days before a Redemption Date, the Company shall mail a notice of redemption by first-class mail, postage prepaid, to each Holder of Notes to be redeemed. Once notice of redemption is given, Notes called for redemption become due and payable on the Redemption Date and at the Redemption Price, except for Notes which are converted in accordance with the terms of this Indenture. Upon surrender to the Paying Agent, such Notes shall be paid at the Redemption Price. If the Paying Agent holds, in accordance with the terms hereof, at 10:00 a.m., New York City time, on the applicable Redemption Date, cash sufficient to pay the Redemption Price of any Notes for which notice of redemption is given, then, on such Redemption Date, such Notes shall cease to be outstanding and interest, Contingent Interest interest and Additional Interest, if any, on such Notes shall cease to accrue, whether or not such Notes are delivered to the Paying Agent, and the rights of the Holders in respect thereof shall terminate (other than the right to receive the Redemption Price upon delivery of such Notes).
Appears in 1 contract
Samples: Indenture (CTS Corp)