Common use of Redemption with Proceeds of Equity Offering Clause in Contracts

Redemption with Proceeds of Equity Offering. At any time and from time to time prior to February 1, 2023, the Issuer may redeem Notes with the net cash proceeds received by the Issuer from any Equity Offering at a redemption price equal to 105.000% of the principal amount plus accrued and unpaid interest, if any, to but excluding the redemption date, in an aggregate principal amount for all such redemptions not to exceed 40% of the original aggregate principal amount of the Notes (calculated after giving effect to any issuance of any Additional Notes), provided that:

Appears in 2 contracts

Samples: Indenture (Mr. Cooper Group Inc.), Supplemental Indenture (Home Point Capital Inc.)

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Redemption with Proceeds of Equity Offering. At any time and from time to time prior to February May 1, 20232011, the Issuer may redeem Notes with the net cash proceeds received by the Issuer from any Equity Offering at a redemption price equal to 105.000118.0% of the principal amount plus accrued and unpaid interest, if any, interest to but excluding the redemption date, in an aggregate principal amount for all such redemptions not to exceed 4035% of the original aggregate principal amount of the Notes (calculated after giving effect to any issuance of any Additional Notes), provided that:

Appears in 1 contract

Samples: Indenture (Hovnanian Enterprises Inc)

Redemption with Proceeds of Equity Offering. At any time and from time to time prior to February May 1, 20232011, the Issuer may redeem Notes with the net cash proceeds received by the Issuer from any Equity Offering at a redemption price equal to 105.000111.50% of the principal amount plus accrued and unpaid interest, if any, interest to but excluding the redemption date, in an aggregate principal amount for all such redemptions not to exceed 4035% of the original aggregate principal amount of the Notes (calculated after giving effect to any issuance of any Additional Notes), provided that:

Appears in 1 contract

Samples: Indenture (Hovnanian Enterprises Inc)

Redemption with Proceeds of Equity Offering. At any time and from time to time prior to February 1July 15, 20232020, the Issuer Issuers may redeem Notes with the net cash proceeds received by the Issuer from any Equity Offering at a redemption price equal to 105.000106.000% of the principal amount plus accrued and unpaid interest, if any, to to, but excluding excluding, the redemption date, in an aggregate principal amount for all such redemptions not to exceed 4035% of the original aggregate principal amount of the Notes (calculated after giving effect to any issuance of any Notes, including Additional Notes), provided that:

Appears in 1 contract

Samples: Indenture (J2 Global, Inc.)

Redemption with Proceeds of Equity Offering. At any time and from time to time prior to February 1November 15, 20232015, the Issuer may redeem Notes with the net cash proceeds received by the Issuer from any Equity Offering at a redemption price equal to 105.000109.125% of the principal amount plus accrued and unpaid interest, if any, interest to but excluding the redemption date, in an aggregate principal amount for all such redemptions not to exceed 4035% of the original aggregate principal amount of the Notes (calculated after giving effect to any issuance of any including Additional Notes), provided that:

Appears in 1 contract

Samples: Indenture (Hovnanian Enterprises Inc)

Redemption with Proceeds of Equity Offering. At any time and from time to time prior to February 1July 15, 20232016, the Issuer may redeem Notes with the net cash proceeds received by the Issuer from any Equity Offering at a redemption price equal to 105.000107.000% of the principal amount plus accrued and unpaid interestinterest to, if anybut excluding, to but excluding the redemption date, in an aggregate principal amount for all such redemptions not to exceed 4035% of the original aggregate principal amount of the Notes (calculated after giving effect to any issuance of any including Additional Notes), provided that:

Appears in 1 contract

Samples: Indenture (Hovnanian Enterprises Inc)

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Redemption with Proceeds of Equity Offering. (a) At any time and from time to time prior to February November 1, 20232014, the Issuer may redeem 2.00% Notes with the net cash proceeds received by the Issuer from any Equity Offering at a redemption price equal to 105.000102% of the principal amount plus accrued and unpaid interest, if any, interest to but excluding the redemption date, in an aggregate principal amount for all such redemptions not to exceed 4035% of the original aggregate principal amount of the 2.00% Notes (calculated after giving effect to any issuance including Additional Notes of any Additional Notessuch series), provided that:

Appears in 1 contract

Samples: Indenture (Hovnanian Enterprises Inc)

Redemption with Proceeds of Equity Offering. At any time and from time to time prior to February 1October 15, 20232012, the Issuer may redeem Notes with the net cash proceeds received by the Issuer from any Equity Offering at a redemption price equal to 105.000110.625% of the principal amount plus accrued and unpaid interest, if any, interest to but excluding the redemption date, in an aggregate principal amount for all such redemptions not to exceed 4035% of the original aggregate principal amount of the Notes (calculated after giving effect to any issuance of any including Additional Notes), provided that:

Appears in 1 contract

Samples: Indenture (Hovnanian Enterprises Inc)

Redemption with Proceeds of Equity Offering. At any time and from time to time prior to February 1October 15, 20232015, the Issuer may redeem Notes with the net cash proceeds received by the Issuer from any Equity Offering at a redemption price equal to 105.000107.25% of the principal amount plus accrued and unpaid interest, if any, interest to but excluding the redemption date, in an aggregate principal amount for all such redemptions not to exceed 4035% of the original aggregate principal amount of the Notes (calculated after giving effect to any issuance of any including Additional Notes), provided that:

Appears in 1 contract

Samples: Indenture (Hovnanian Enterprises Inc)

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