Common use of Redemption With Proceeds of Equity Offerings Clause in Contracts

Redemption With Proceeds of Equity Offerings. At any time prior to February 11, 2016, the Company may, at its option, on one or more occasions, redeem up to 35% of the aggregate principal amount of Notes (including any Additional Notes) at a redemption price of 107.50% of the principal amount thereof, plus accrued and unpaid interest (including Additional Amounts, if any) to the redemption date, with the net cash proceeds of one or more Equity Offerings; provided that: (a) Notes in an aggregate principal amount equal to at least 65% of the aggregate principal amount of Notes issued on the first Issue Date remain outstanding immediately after the occurrence of such redemption; and (b) the redemption must occur within 90 days of the date of the closing of such Equity Offering.

Appears in 2 contracts

Samples: Indenture (GeoPark LTD), Indenture (GeoPark Holdings LTD)

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Redemption With Proceeds of Equity Offerings. At any time on or prior to February 11January 1, 20162013, the Company Issuers may, at its option, on any one or more occasions, redeem up to 3540% of the aggregate principal amount of the Notes (including any Additional Notes) issued under this Indenture at a redemption price of 107.50108.250% of the principal amount thereofof the Notes, plus accrued and unpaid interest (including and Additional AmountsInterest, if any) , to the redemption date, in each case, with the net cash proceeds of one or more Equity Offerings; , provided that: (a1) Notes in an aggregate principal amount equal to at least 6560% of the aggregate principal amount of Notes issued on the first Issue Date remain under this Indenture remains outstanding immediately after the occurrence of such redemptionredemption (excluding Notes held by the Company and its Subsidiaries); and (b2) the redemption must occur occurs within 90 120 days of the date of the closing of such Equity Offering.

Appears in 1 contract

Samples: Indenture (Graham Packaging Holdings Co)

Redemption With Proceeds of Equity Offerings. At any time prior to February 11September 21, 20162021, the Company Issuer may, at its option, on one or more occasions, redeem up to 35% of the aggregate principal amount of Notes (including any Additional Notes) at a redemption price of 107.50106.500% of the principal amount thereof, plus accrued and unpaid interest (including Additional Amounts, if any) to the redemption date, with the net cash proceeds of one or more Equity Offerings; provided that: (a) Notes in an aggregate principal amount equal to at least 65% of the aggregate principal amount of Notes issued on the first Issue Date remain outstanding immediately after the occurrence of such redemption; and (b) the redemption must occur within 90 days of the date of the closing of such Equity Offering.

Appears in 1 contract

Samples: Indenture (GeoPark LTD)

Redemption With Proceeds of Equity Offerings. At any time on or prior to February 11October 1, 20162013, the Company Issuers may, at its option, on any one or more occasions, redeem up to 3540% of the aggregate principal amount of the Notes (including any Additional Notes) issued under this Indenture at a redemption price of 107.50108.250% of the principal amount thereofof the Notes, plus accrued and unpaid interest (including and Additional AmountsInterest, if any) , to the redemption date, in each case, with the net cash proceeds of one or more Equity Offerings; , provided that: (a1) Notes in an aggregate principal amount equal to at least 6560% of the aggregate principal amount of Notes issued on the first Issue Date remain under this Indenture remains outstanding immediately after the occurrence of such redemptionredemption (excluding Notes held by the Company and its Subsidiaries); and (b2) the redemption must occur occurs within 90 120 days of the date of the closing of such Equity Offering.

Appears in 1 contract

Samples: Indenture (Graham Packaging Holdings Co)

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Redemption With Proceeds of Equity Offerings. At any time prior to February 11January 17, 20162023, the Company Issuer may, at its option, on one or more occasions, redeem up to 35% of the aggregate principal amount of Notes (including any Additional Notes) at a redemption price of 107.50105.500% of the principal amount thereof, plus accrued and unpaid interest (including Additional Amounts, if any) to (but excluding) the redemption date, with the net cash proceeds of one or more Equity Offerings; provided that: (a) Notes in an aggregate principal amount equal to at least 65% of the aggregate principal amount of Notes issued on the first Issue Date (including any Additional Notes) remain outstanding immediately after the occurrence of such redemption; and (b) the redemption must occur within 90 days of the date of the closing of such Equity Offering.

Appears in 1 contract

Samples: Indenture (GeoPark LTD)

Redemption With Proceeds of Equity Offerings. At any time and from time to time on or prior to February 11October 15, 20162007, the Company Issuers may, at its option, on any one or more occasions, redeem up to 3540% of the aggregate principal amount of the Notes (including any Additional Notes) issued under this Indenture at a redemption price of 107.50109.875% of the principal amount thereofof the Notes with the net cash proceeds received by the Issuers of any Equity Offerings and, in each case, plus accrued and unpaid interest (including Additional Amountsand Liquidated Damages, if any) , to the redemption date, with the net cash proceeds of one or more Equity Offerings; provided that: (ai) Notes in an aggregate principal amount equal to at least 6560% of the aggregate principal amount of Notes issued on the first Issue Date remain under this Indenture remains outstanding immediately after the occurrence of such redemptionredemption (excluding Notes held by the Company and its Subsidiaries); and (bii) the redemption must occur occurs within 90 120 days of the date of the closing of such Equity Offering.

Appears in 1 contract

Samples: Indenture (Graham Packaging Holdings Co)

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