Required Redemptions. Beginning on and with August 31, 2022, and on the last day of each calendar month thereafter through and including July 31, 2026, the Company will redeem, without premium, $59,692.00 in principal amount of the Notes, or such lesser amount as may be then outstanding, together with all accrued and unpaid interest then due on the amount so redeemed. On the stated or accelerated maturity of the Notes, the Company will pay the principal amount of the Notes then outstanding together with all accrued and unpaid interest then due thereon. No optional redemption of less than all of the Notes shall affect the obligation of the Company to make the redemptions required by this subsection.
Required Redemptions. 2 (b) Optional Redemptions With and Without Premium................................................2 (c) Notice of Redemptions; Pro Rata Redemptions..................................................2 1.06. Payment on Non-Business Days.................................................................3 1.07. Registration, etc............................................................................3 1.08. Transfer and Exchange of Notes...............................................................3 1.09.
Required Redemptions. The General Partner, in its sole discretion, may require a Limited Partner to surrender all or any portion of its Partnership Units and withdraw from the Partnership to the extent such redemption is in the best interest of the Partnership, as determined by the General Partner in good faith at any time for any reason or no reason with or without prior notice to such Limited Partner. A notice of mandatory redemption pursuant to this Section 8.6 shall have the same effect as a request for redemption by a Limited Partner given pursuant to Section 8.5; provided, that the mandatory redemption of all or any portion of such Limited Partner’s Partnership Units shall be effective on the date determined by the General Partner and indicated in such notice.
Required Redemptions. (a) On the stated or accelerated maturity date of the Notes, the Company will pay the principal amount of the Notes then outstanding together with all accrued and unpaid interest thereon, including, without limitation, all PIK Interest. No redemption of less than all of the Notes shall affect the obligation of the Company to make the redemption required by the preceding sentence. Unless the Notes (or a portion thereof) have previously been redeemed or repurchased under Section 2.6.2, Section 2.6.4, Section 2.6.5, Section 2.6.6, Section 2.6.7 or Section 2.6.8, the Company shall redeem the outstanding principal amount of the Notes (including PIK Interest capitalized pursuant thereto) in one installment in the principal amount of $87,000,000 (or the then outstanding principal amount of the Notes) on the Maturity Date.
(b) The Company shall, if the Closing Date has not occurred by November 30, 2004, repurchase on such date all of the Notes and Warrants issued by the Company to the Purchasers for a repurchase price equal to the Escrowed Funds, which shall be released from the Escrow Account to the Purchasers, pro rata, based upon the principal amount of Notes purchased.
Required Redemptions. On the stated or accelerated maturity date of the Notes, the Companies will redeem, without premium, the entire principal amount of the Notes then outstanding, together with all accrued and unpaid interest then due thereon. No optional redemption of less than all of the Notes shall affect the obligation of the Companies to make the redemption required by this subsection.
Required Redemptions. Upon the earlier to occur of a merger or other change of control described in Section 4.02(a) or on the 29th day of September 1999, the Company shall pay, without premium, the Issue Price plus the accrued Original Issue Discount of the Zero Coupon Notes then outstanding and the full principal amount of and interest due on the 10% Notes, or such lesser amount as may be then outstanding.
Required Redemptions. On the earlier of: (i) the stated maturity date of the Notes, (ii) the accelerated maturity date of the Notes upon any Event of Default, or (iii) the closing of a rights offering in an aggregate amount of approximately $15,000,000 (the “Rights Offering”), the Company will pay the principal amount of the Notes then outstanding together with all accrued and unpaid interest then due thereon. Additionally, the Company shall use all of the proceeds of any other sale of the Company’s capital stock to pay a portion or all of the principal amount of the Notes then outstanding together with all accrued and unpaid interest then due thereon.
Required Redemptions. Upon the receipt of the Net Cash Proceeds (i) of Extraordinary Receipts not to be used in accordance with the Business Plan and (ii) of the issuance of additional debt or equity permitted under this Agreement (other than the issuance of additional debt in an aggregate amount not to exceed $10,000,000 on terms and conditions reasonably satisfactory to the Purchaser and in accordance with Section 9.3(c)), the Company will apply all such proceeds to redeem the Notes outstanding on such date at 100% of the aggregate principal amount of the Notes so redeemed, together with all interest accrued and unpaid on such Notes to the date of such redemption to the extent permitted under the Indentures.
Required Redemptions. Beginning on and with September 30, 1998, -------- ----------- and on the last day of December, March, June and September in each year thereafter through and including June 30, 2002, the Company will redeem, without premium, $62,500 in principal amount of the Notes, or such lesser amount as may be then outstanding, together with all accrued and unpaid interest then due on the amount so redeemed. On the stated or accelerated maturity of the Notes, the Company will pay the principal amount of the Notes then outstanding together with all accrued and unpaid interest then due thereon. No optional redemption of less than all of the Notes shall affect the obligation of the Company to make the redemptions required by this subsection.
Required Redemptions. (a) On the stated or accelerated maturity of the Senior Notes, the Company will pay the principal amount of the Senior Notes then outstanding together with all accrued and unpaid interest thereon. No redemption of less than all of the Senior Notes shall affect the obligation of the Company to make the redemption required by the preceding sentence. The Company shall be required to redeem the Senior Notes in two equal installments in the amount of $37,500,000, which shall be paid on each of October 25, 2007 and October 25, 2008.
(b) As soon as possible, and in any event within 30 Business Days prior to the date on which the Company or any Subsidiary first possesses Excess Net Proceeds from any issuance by the Company or any of its Subsidiaries of Capital Stock (other than (i) an issuance of Capital Stock of the Company the Proceeds of which are used exclusively to finance acquisitions permitted under Section 7.5.1, (ii) an issuance effected pursuant to any Stock-Based Plan and any other stock-based benefit plan disclosed to the Noteholders in writing and approved by the Board of Directors of the Company, or (iii) an issuance of Capital Stock of the Company effected pursuant to the terms of any Employment Agreement or other employment agreement in connection with the repurchase of Capital Stock held by officers or employees of the Company or any of its Subsidiaries in accordance with the terms of the applicable agreement, provided that the aggregate amount of such repurchases under this clause (iii) shall not exceed 10% of then the outstanding shares of Capital Stock of the Company) then, in each such case, the Company shall furnish to each Noteholder written notice setting forth in reasonable detail the facts and circumstances relating thereto. The possession of such Excess Net Proceeds by the Company or any Subsidiary, as applicable, shall constitute an irrevocable offer by the Company to redeem such portion of the Senior Notes held by the Noteholder as may be redeemed at par with 50% of such Excess Net Proceeds, subject to the rights of all Noteholders to participate in the transaction on a pari passu basis.
(c) As soon as possible, and in any event within 30 Business Days after the date on which the Company or any Subsidiary first possesses Excess Net Proceeds from the payment of losses, returns, or unearned premiums under insurance policies, then, in each such case, the Company shall furnish to each Noteholder written notice setting forth in reasonable d...
