Common use of Regulatory Event Redemption Clause in Contracts

Regulatory Event Redemption. (a) The Issuer may, in its sole discretion, at any time, redeem the Notes then outstanding, in whole but not in part, upon the occurrence of a Regulatory Event at 100% of their principal amount, together with accrued but unpaid interest, if any, on the principal amount of the Notes to be redeemed to, but excluding, the date fixed for redemption (a “Regulatory Event Redemption”). (b) Such redemption will be subject, among other things, to the provisions described under Section 3.4 (Notice of Redemption) and Section 3.6 (Redemption Conditions) below.

Appears in 2 contracts

Samples: Indenture, Indenture

AutoNDA by SimpleDocs

Regulatory Event Redemption. (a) The Issuer may, in its sole discretion, at any time, redeem the Notes then outstanding, in whole but not in part, upon the occurrence of a Regulatory Event at 100% of their the then outstanding principal amount, together with accrued but unpaid interest, if any, on the then outstanding principal amount of the Notes to be redeemed to, but excluding, the date fixed for redemption (a “Regulatory Event Redemption”). (b) Such redemption will be subject, among other things, to the provisions described under Section 3.4 (Notice of Redemption) and Section 3.6 (Redemption Conditions) below.

Appears in 1 contract

Samples: Indenture

AutoNDA by SimpleDocs

Regulatory Event Redemption. (a) The Issuer may, in its sole discretion, at any time, redeem the Notes then outstanding, in whole but not in part, upon the occurrence of a Regulatory Event at 100% of their the then outstanding principal amount, together with accrued but unpaid interest, if any, on the then outstanding principal amount of the Notes to be redeemed to, but excluding, the date fixed for redemption (a “Regulatory Event Redemption”).Redemption”).‌ (b) Such redemption will be subject, among other things, to the provisions described under Section 3.4 (Notice of Redemption) and Section 3.6 (Redemption Conditions) below.

Appears in 1 contract

Samples: Indenture

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