Common use of Restrictions on Redemption Clause in Contracts

Restrictions on Redemption. The Issuer may not redeem any Notes on any date if the principal amount of the Notes has been accelerated in accordance with the terms of the Indenture, and such acceleration has not been rescinded, on or prior to the Redemption Date (except in the case of an acceleration resulting from a Default by the Issuer in the payment of the Redemption Price with respect to such Notes).

Appears in 5 contracts

Samples: First Supplemental Indenture (Intercept Pharmaceuticals, Inc.), Exchange Agreement (Intercept Pharmaceuticals, Inc.), Subscription Agreement (Intercept Pharmaceuticals, Inc.)

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Restrictions on Redemption. The Notwithstanding anything to the contrary in this Indenture or the Notes, the Issuer may not redeem any Notes on any date if the principal amount of the Notes has been accelerated (other than as a result of failure to pay the Redemption Price and any related interest as provided in accordance with the terms of the Indenture, this Article 12) and such acceleration has not been rescinded, rescinded on or prior to before the related Redemption Date (except in the case of an acceleration resulting from a Default by the Issuer in the payment of the Redemption Price with respect to such Notes)Date.

Appears in 3 contracts

Samples: Indenture (Nabors Industries LTD), Indenture (Nabors Industries LTD), Indenture (Nabors Industries LTD)

Restrictions on Redemption. The Issuer may not redeem any Notes portion of this Note on any date if the principal amount of the Notes this Note has been accelerated in accordance with the terms of the Indenturethis Note, and such acceleration has not been rescinded, on or prior to the Optional Redemption Date (except other than in the case of an acceleration resulting from a Default by the Issuer in relation to the payment of the Optional Redemption Price with respect to such Notesthis Note).

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (DiamondHead Holdings Corp.), Convertible Note Purchase Agreement (DiamondHead Holdings Corp.)

Restrictions on Redemption. The Issuer No Notes may not redeem any Notes be redeemed on any date if the principal amount of the Notes has been accelerated in accordance with the terms of the this Indenture, and such acceleration has not been rescinded, on or prior to the Redemption Date (except in the case of an acceleration resulting from a Default by the Issuer in the payment of the Redemption Price with respect to such Notes).

Appears in 2 contracts

Samples: Business Combination Agreement (M3-Brigade Acquisition III Corp.), Subscription Agreement (M3-Brigade Acquisition III Corp.)

Restrictions on Redemption. The Issuer may not redeem any Notes on any date if the principal amount of the Notes has been accelerated in accordance with the terms of the Indenture, and such acceleration has not been rescinded, on or prior to the Redemption Date (except in the case of an acceleration resulting from a Default default by the Issuer in the payment of the Redemption Price with respect to such Notes).

Appears in 1 contract

Samples: Indenture (Gramercy Property Trust Inc.)

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Restrictions on Redemption. The Issuer may not redeem any Notes portion of this Note on any date if the principal amount of the Notes this Note has been accelerated in accordance with the terms of the Indenturethis Note, and such acceleration has not been rescinded, on or prior to the Optional Redemption Date (except other than in the case of an acceleration resulting from a Default by the Issuer in relation to the payment of the Optional Redemption Price with respect to such Notesthis Note).. ​ ​

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (United Homes Group, Inc.)

Restrictions on Redemption. The Issuer may not redeem any Notes on any date if the principal amount of the Notes has been accelerated in accordance with the terms of the this Indenture, and such acceleration has not been rescinded, on or prior to the Redemption Date (except in the case of an acceleration resulting from a Default by the Issuer in the payment of the Redemption Price with respect to such Notes).. 83

Appears in 1 contract

Samples: Indenture (Empire State Realty OP, L.P.)

Restrictions on Redemption. The Issuer may not redeem any Notes on any date if the principal amount of the Notes has been accelerated in accordance with the terms of the this Indenture, and such acceleration has not been rescinded, on or prior to the Redemption Date (except in the case of an acceleration resulting from a Default by the Issuer in the payment of the Redemption Price with respect to such Notes).

Appears in 1 contract

Samples: Indenture (Empire State Realty OP, L.P.)

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