Redemption or Purchase Sample Clauses

Redemption or Purchase at the option of the Noteholders on a Put Event (Change of Control Put): If the Change of Control Put is specified in the relevant Final Terms as being applicable, and if at any time while any Note remains outstanding a Change of Control occurs, the Issuer or the Guarantor shall make a Public Announcement as soon as reasonably practicable, and if, within the Change of Control Period, either: (i) (if at the time that the Change of Control occurs there are Rated Securities outstanding) a Rating Downgrade Event in respect of the Change of Control occurs; or (ii) (if at the time that the Change of Control occurs there are no Rated Securities outstanding) a Negative Rating Event in respect of the Change of Control occurs, (the Change of Control and Rating Downgrade Event or the Change of Control and Negative Rating Event, as the case may be, occurring within the Change of Control Period, together called a “Put Event”), each holder of the Notes shall have the option (unless, before the giving of the Put Event Notice (as defined below), the Issuer shall have given notice under Condition 9(b) (Redemption and Purchase - Redemption for tax reasons) to redeem the Notes) to require the Issuer to redeem or, at the Issuer’s option, purchase (or procure the purchase of) any of its Notes at the Optional Redemption Amount (Put) together with (or, where purchased, together with an amount equal to) interest accrued to but excluding the Put Date (as defined below). Such option (the “Put Option”) shall operate as set out below. If a Put Event occurs then, within 14 days of the occurrence of the Put Event, the Issuer shall give notice (a “Put Event Notice”) to the Noteholders in accordance with Condition 21 (Notices) specifying the nature of the Put Event and the procedure for exercising the Put Option. In order to exercise the Put Option, the holder of a Note must, during the period commencing on the date on which the Put Event Notice is given to Noteholders as required by this Condition 9(h) and ending 60 days after such occurrence (the “Put Period”), deposit with any Paying Agent such Note together with all unmatured Coupons relating thereto and a duly completed Put Option Notice in the form obtainable from any Paying Agent. The Paying Agent with which a Note is so deposited shall deliver a duly completed Put Option Receipt to the depositing Noteholder. No Note, once deposited with a duly completed Put Option Notice in accordance with this Condition 9(h), may be withdrawn; p...
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Redemption or Purchase. (a) The Partnership shall be required to redeem the Series H-2 Preferred Units at Liquidation Value upon the occurrence of the earlier of the following events (each a “Mandatory Redemption Event”): (i) September 30, 2008. (ii) The date to which the maturity of the 2008 Junior Subordinated Notes (or either of them) is accelerated. Notwithstanding the foregoing, the Series H-2 Preferred Units (1) shall not be redeemable without the prior written consent of a majority in interest of the lenders under each of the ▇▇▇▇▇▇▇ Credit Facilities until 120 days after all principal, any premium and interest, fees or other amounts with respect to the ▇▇▇▇▇▇▇ Credit Facilities shall have been paid in full, and thereafter, (2) shall not be redeemable upon the occurrence of a Mandatory Redemption Event if and for so long as (x) there is a payment default under any Designated Partnership Debt, or (y) there is a non-payment default under any Designated Partnership Debt (in the case of (y), only for a period of up to 90 days following the receipt by the General Partner of written notice of such non-payment default) (the period during which any of the conditions in (1) or (2) is in effect, a “Redemption Deferral Period”). If the obligation of the Partnership to redeem any Series H-2 Preferred Units is deferred by reason of the foregoing, the Partnership shall redeem the Series H-2 Preferred Units within 30 days after the expiration of the Redemption Deferral Period. (b) The Series H-2 Preferred Units shall be redeemable at Liquidation Value at the option of the Partnership at any time upon two business days’ prior written notice.
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Redemption or Purchase at the option of the Noteholders on a Change of Control Put Event (Change of Control Put): If at any time while any Note remains outstanding a Change of Control occurs and during the Change of Control Period there is a Rating Event (a “Change of Control Put Event”), each holder of the Notes shall have the option (the “Change of Control Put Option”) (unless, before the giving of the Change of Control Put Option Notice (as defined below), the Issuer shall have given notice under Condition 5(b) (Redemption for tax reasons), Condition 5(c) (Redemption at the option of the Issuer), Condition 5(e) (Residual Maturity Call Option) or Condition 5(f) (Redemption following a Substantial Purchase Event) of Condition 5 to redeem the Notes) to require the Issuer to redeem or, at the Issuer’s option, purchase (or procure the purchase of) any of its Notes at their principal amount together with (or, where purchased, together with an amount equal to) interest accrued to but excluding the Change of Control Put Date (as defined below).
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Redemption or Purchase. In the event that the General Partner redeems or purchases any shares of Series G Preferred Stock in accordance with the terms of the Series G Preferred Stock Certificate of Designations, the Partnership shall concurrently redeem an equivalent number of Series G Preferred Units for consideration equal (in amount and form) to the consideration payable by the General Partner upon such redemption or purchase. Any Series G Preferred Units so redeemed may be reissued to the General Partner at such time as the General Partner re-issues a corresponding number of shares of Series G Preferred Stock so redeemed or purchased, in exchange for the contribution by the General Partner to the Partnership of the proceeds of such reissuance.
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Redemption or Purchase. If a Note is redeemed or purchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest shall be paid to the Person in whose name such Note was registered at the close of business on such record date. If any Note called for redemption or purchase is not so paid upon surrender for redemption or purchase because of the failure of the Company to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof.
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Redemption or Purchase. The Company has entered into a Declaration of a Promise to Purchase in which it has promised to purchase for the applicable Redemption Amount, which shall be considered exercisable upon the following: (a) For the purpose of the Sukuk Certificates subject matter of redemption, upon the Sukuk Holder making a Redemption Request in accordance with Clause 24 of the Terms and Conditions; and (b) All issued Sukuk Certificates, upon the occurrence of either of: (i) the winding-up of the Sukuk Certificates in accordance with Clause 31 of the Terms and Conditions; or (ii) a final and non-appealable judgment being issued against the PSIA Manager in accordance with Clause43 of the Terms and Conditions.
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Redemption or Purchase. In the event that the General Partner redeems or purchases any shares of Series F Preferred Stock in accordance with the terms of the Series F Preferred Stock Certificate of Designations, the Partnership shall concurrently redeem an equivalent number of Series F Preferred Units for consideration equal (in amount and form) to the consideration payable by the General Partner upon such redemption or purchase (including any applicable Make Whole Premium (as defined in the Series F Preferred Stock Certificate of Designations). Any Series F Preferred Units so redeemed may be reissued to the General Partner at such time as the General Partner re-issues a corresponding number of shares of Series F Preferred Stock so redeemed or purchased, in exchange for the contribution by the General Partner to the Partnership of the proceeds of such reissuance.
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Related to Redemption or Purchase

  • Redemption or Repurchase The Distributor shall act as agent for the Trust in connection with the redemption or repurchase of Series shares by the Trust to the extent and upon the terms and conditions set forth in the current applicable prospectus of the Trust relating to the Series shares, and the Trust agrees to reimburse the Distributor, from time to time upon demand, for any reasonable expenses incurred in connection with such redemptions or repurchases. The Trust will remit to the Distributor any contingent deferred sales charges imposed on redemptions or repurchases of Series shares (other than Class B shares) upon the terms and conditions set forth in the then current prospectus of the Trust. The Trust will also remit to the Distributor (or its designee or transferee), in addition to the Class B Distribution Fee, any contingent deferred sales charges imposed on redemptions or repurchases of Class B shares, in accordance with the Remittance Agreement attached hereto as Exhibit B.

  • Notice of Optional Redemption; Selection of Notes (a) In case the Issuer exercises its Optional Redemption right to redeem all or, as the case may be, any part of the Notes pursuant to Section 16.02, it shall fix a date for redemption (each, a “Redemption Date”) and it or, at its written request received by the Trustee not less than 65 calendar days prior to the Redemption Date (or such shorter period of time as may be acceptable to the Trustee), the Trustee, in the name of and at the expense of the Issuer, shall provide notice of such Optional Redemption (a “Redemption Notice”) not less than 60 nor more than 90 calendar days prior to the Redemption Date by mail or electronic delivery to each Holder of Notes so to be redeemed as a whole or in part at its last address as the same appears on the Note Register; provided, however, that, if the Issuer shall give such notice, it shall also give written notice of the Redemption Date to the Trustee. The Redemption Date must be a Business Day. (b) The Redemption Notice, if mailed in the manner herein provided, shall be conclusively presumed to have been duly given, whether or not the Holder receives such notice. In any case, failure to give such Redemption Notice by mail or any defect in the Redemption Notice to the Holder of any Note designated for redemption as a whole or in part shall not affect the validity of the proceedings for the redemption of any other Note. (c) Each Redemption Notice shall specify: (i) the Redemption Date; (ii) the Redemption Price; (iii) that on the Redemption Date, the Redemption Price will become due and payable upon each Note to be redeemed, and that interest thereon, if any, shall cease to accrue on and after the Redemption Date; (iv) the place or places where such Notes are to be surrendered for payment of the Redemption Price; (v) that Holders may surrender their Notes for conversion at any time prior to the close of business on the Scheduled Trading Day immediately preceding the Redemption Date; (vi) the procedures a converting Holder must follow to convert its Notes and the Settlement Method and Specified Cash Amount, if applicable; (vii) the Conversion Rate and, if applicable, the number of Additional Shares added to the Conversion Rate in accordance with Section 14.03; (viii) the CUSIP, ISIN or other similar numbers, if any, assigned to such Notes; and (ix) in case any Note is to be redeemed in part only, the portion of the principal amount thereof to be redeemed and on and after the Redemption Date, upon surrender of such Note, a new Note in principal amount equal to the unredeemed portion thereof shall be issued.

  • Optional Redemption of Notes (a) The Issuer shall have the right to redeem the Notes at its option and in its sole discretion at any time or from time to time prior to the Maturity Date, in whole or in part. Prior to the Par Call Date, the redemption price (“Redemption Price”) will equal the greater of (i) 100% of the principal amount of the Notes to be redeemed or (ii) as determined by the Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and interest thereon (not including any portion of such payments of interest accrued as of the Redemption Date) that would be due if the Notes matured on the Par Call Date, discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Adjusted Treasury Rate plus 25 basis points, plus, in each case, accrued and unpaid interest thereon to the Redemption Date; provided, however, that if the Redemption Date falls after a Record Date and on or prior to the corresponding interest payment date, the Issuer will pay the full amount of accrued and unpaid interest, if any, on such interest payment date to the Holder of record at the close of business on the corresponding Record Date (instead of the Holder surrendering its Notes for redemption). If the Notes are redeemed on or after the Par Call Date, the Redemption Price will be equal to 100% of the principal amount of the Notes being redeemed plus unpaid interest, if any, accrued thereon to, but excluding, the Redemption Date. (b) The Issuer shall not redeem the Notes pursuant to Section 3.01(a) hereof on any date if the principal amount of the Notes has been accelerated, and such an acceleration has not been rescinded or cured on or prior to such date (except in the case of an acceleration resulting from a default by the Issuer in the payment of the Redemption Price with respect to the Notes to be redeemed).

  • Redemption of Notes Section 10.01. Redemption...................................................................53 Section 10.02. Form of Redemption Notice....................................................54 Section 10.03. Notes Payable on Redemption Date.............................................54

  • Redemption of Fund Shares On receipt of instructions to redeem shares in accordance with the terms of the Fund's prospectus, the Transfer Agent will record the redemption of shares of the Fund, prepare and present the necessary report to the Custodian and pay the proceeds of the redemption to the shareholder, an authorized agent or legal representative upon the receipt of the monies from the Custodian.