Common use of Redemption Procedure Clause in Contracts

Redemption Procedure. If the Company wishes to redeem the Exchange Notes in whole or in part, then the Company shall give notice in the manner provided in the Indenture that is not less than thirty (30) nor more than sixty (60) days prior to the Redemption Date (the "Company Notice") which includes the following information: (i) the Redemption Date; (ii) the Redemption Price; (iii) if less than all Outstanding Securities of any series are to be redeemed, the identification (and, in the case of partial redemption, the respective principal amounts) of the Securities to be redeemed from the Holder to whom the notice is given; (iv) that on the Redemption Date the Redemption Price will become due and payable upon each such Security (including applicable interest thereon, if any), and that interest, if any, thereon shall cease to accrue on said date; (v) the place where such Securities and coupons, if any, are to be surrendered for payment of the Redemption Price, which shall be the office or agency of the Company in the Place of Payment; and (vi) that the redemption is on account of a sinking fund, if that be the case. Notice of redemption of Securities to be redeemed shall be given by the Company or, on Company Order, by the Trustee in the name and at the expense of the Company.

Appears in 3 contracts

Samples: Third Supplemental Indenture (TRW Inc), Fourth Supplemental Indenture (TRW Inc), Second Supplemental Indenture (TRW Inc)

AutoNDA by SimpleDocs

Redemption Procedure. If the Company wishes to redeem the Exchange Notes in whole or in part, then the Company shall give notice in the manner provided in the Indenture that is not less than thirty (30) nor more than sixty (60) days prior to the Redemption Date (the "Company Notice") which includes the following information: (i) the Redemption Date; (ii) the Redemption Price; (iii) if less than all Outstanding Securities of any series are to be redeemed, the identification (and, in the case of partial redemption, the respective principal amounts) of the Securities to be redeemed from the Holder to whom the notice is given; (iv) that on the Redemption Date the Redemption Price will become due and payable upon each such Security (including applicable interest thereon, if any), and that interest, if any, thereon shall cease to accrue on said date; (v) the place where such Securities and coupons, if any, are to be surrendered for payment of the Redemption Price, which shall be the office or agency of the Company in the Place of Payment; and (vi) that the redemption is on account of a sinking fund, if that be the case. Notice of redemption of Securities to be redeemed shall be given by the Company or, on Company Order, by the Trustee in the name and at the expense of the Company.

Appears in 3 contracts

Samples: Second Supplemental Indenture (TRW Inc), Third Supplemental Indenture (TRW Inc), Fourth Supplemental Indenture (TRW Inc)

Redemption Procedure. If the Company wishes to redeem the Exchange Notes Debentures in whole or in part, then the Company shall give notice in the manner provided in the Indenture that is not less than thirty (30) nor more than sixty (60) days prior to the Redemption Date (the "Company Notice") which includes the following information: (i) the Redemption Date; (ii) the Redemption Price; (iii) if less than all Outstanding Securities of any series are to be redeemed, the identification (and, in the case of partial redemption, the respective principal amounts) of the Securities to be redeemed from the Holder to whom the notice is given; (iv) that on the Redemption Date the Redemption Price will become due and payable upon each such Security (including applicable interest thereon, if any), and that interest, if any, thereon shall cease to accrue on said date; (v) the place where such Securities and coupons, if any, are to be surrendered for payment of the Redemption Price, which shall be the office or agency of the Company in the Place of Payment; and (vi) that the redemption is on account of a sinking fund, if that be the case. Notice of redemption of Securities to be redeemed shall be given by the Company or, on Company Order, by the Trustee in the name and at the expense of the Company.

Appears in 1 contract

Samples: Fifth Supplemental Indenture (TRW Inc)

AutoNDA by SimpleDocs

Redemption Procedure. If the Company wishes to redeem the Exchange Notes Debentures in whole or in part, then the Company shall give notice in the manner provided in the Indenture that is not less than thirty (30) nor more than sixty (60) days prior to the Redemption Date (the "Company Notice") which includes the following information: (i) the Redemption Date; (ii) the Redemption Price; (iii) if less than all Outstanding Securities of any series are to be redeemed, the identification (and, in the case of partial redemption, the respective principal amounts) of the Securities to be redeemed from the Holder to whom the notice is given; (iv) that on the Redemption Date the Redemption Price will become due and payable upon each such Security (including applicable interest thereon, if any), and that interest, if any, thereon shall cease to accrue on said date; (v) the place where such Securities and coupons, if any, are to be surrendered for payment of the Redemption Price, which shall be the office or agency of the Company in the Place of Payment; and (vi) that the redemption is on account of a sinking fund, if that be the case. Notice of redemption of Securities to be redeemed shall be given by the Company or, on Company Order, by the Trustee in the name and at the expense of the Company.

Appears in 1 contract

Samples: Fifth Supplemental Indenture (TRW Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!