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...
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.
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).
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.
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.
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.
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.