Common use of Redemption with Proceeds from Pari Passu Debt Issuance Clause in Contracts

Redemption with Proceeds from Pari Passu Debt Issuance. Within ten (10) Business Days after any issuance of Future Permitted Pari Passu Secured Indebtedness, the Company shall issue a notice of redemption to redeem the Notes, in whole or part, at the Applicable Redemption Price on the Debt Proceeds Redemption Date in an amount not to exceed the Debt Proceeds Redemption Amount.