Right of Redemption Sample Clauses

Right of Redemption. 56 Section 1102. Applicability of Article.................. 56
AutoNDA by SimpleDocs
Right of Redemption. The Securities may be redeemed at the election of the Company, in the amounts, at the times, at the Redemption Prices (together with any applicable accrued and unpaid interest to the Redemption Date), and subject to the conditions specified in the form of Security and hereinafter set forth.
Right of Redemption. 93 Section 10.02. Applicability of Article.....................................93 Section 10.03. Election to Redeem; Notice to Trustee........................93 Section 10.04. Selection by Trustee of Notes to Be Redeemed.................93 Section 10.05.
Right of Redemption. (a) At any time prior to November 1, 2001, in the event that the Guarantor receives net cash proceeds from the public or private sale of its Common Stock (other than Disqualified Stock), the Issuer (to the extent it receives such proceeds and has not used such proceeds, directly or indirectly, to redeem or repurchase other securities pursuant to optional redemption provisions) may, at its option, apply an amount equal to any such net cash proceeds to redeem, from time to time, Securities in a principal amount at maturity of up to an aggregate amount equal to 33 1/3% of the original aggregate principal amount at maturity of the Securities; provided, however, that Securities in an amount equal to at least 66 2/3% of the original aggregate principal amount at maturity of the Securities remain Outstanding after each redemption. Each redemption must occur on a Redemption Date within 180 days of the related sale and upon not less than 30 nor more than 60 days' notice by mail to each Holder of Securities to be redeemed at such Holder's address appearing in the Security Register, in amounts of $1,000 or an integral multiple of $1,000 at a Redemption Price of 112.000% of the Accreted Value of the Securities plus accrued interest to but excluding the Redemption Date (subject to, in the case of a Global Security in bearer form, the right of the Holder thereof and, in the case of Definitive Securities, the right of Holders of record on the relevant Regular Record Date, to receive Interest due on an Interest Payment Date that is on or prior to the Redemption Date). (b) In the event that (i) the Guarantor or the Issuer has become or would become obligated to pay any Additional Amounts as a result of (x) changes affecting withholding tax laws or (y) a Listing Failure (as defined herein) provided that the Issuer has used reasonable best efforts to list and maintain the listing of the Securities on a "recognized stock exchange" (within the meaning of Section 841 of the U.K. Income and Corporation Taxes Act 1988) (as provided for in Section 10.09), and (ii) the Guarantor and the Issuer are unable to avoid the requirement to pay such Additional Amounts by taking reasonable measures available to them (including, without limitation, the Guarantor making payments directly to holders under the Securities Guarantee, unless such payment is likely to result in adverse consequences to the Issuer or the Guarantor), then the Issuer may redeem all, but not less than all, of the Securit...
Right of Redemption. The Issuer may redeem all or any portion of the Notes upon the terms and at the Redemption Prices set forth in the Notes. Any redemption pursuant to this Section 3.01 shall be made pursuant to the provisions of this Article Three.
Right of Redemption. 84 SECTION 11.2 Applicability of Article .......................................... 84 SECTION 11.3 Election to Redeem; Notice to Trustee ............................. 84 SECTION 11.4 Selection by Trustee of Securities to Be Redeemed ................. 84 SECTION 11.5
Right of Redemption. The Securities may be redeemed in accordance with the provisions of the form of Securities set forth in Section 2.2.
AutoNDA by SimpleDocs
Right of Redemption. 47 Section 3.2. Notices to Trustee...................................................... 47
Right of Redemption. (a) The Notes will be redeemable, at the Company’s option, in whole or in part, and from time to time on and after April 15, 2009 and prior to maturity at the applicable redemption price set forth below. Such redemption may be made upon notice mailed by first-class mail to each Holder’s registered address in accordance with Section 1005. The Company may provide in such notice that payment of the redemption price and the performance of the Company’s obligations with respect to such redemption may be performed by another Person. Any such redemption and notice may, in the Company’s discretion, be subject to the satisfaction of one or more conditions precedent, including the occurrence of a Change of Control. The Notes will be so redeemable at the following redemption prices (expressed as a percentage of principal amount), plus accrued and unpaid interest, if any, to the relevant Redemption Date (subject to Section 307), if redeemed during the 12-month period commencing on April 15 of the years set forth below: 2009 104.000 % 2010 102.667 % 2011 101.333 % 2012 and thereafter 100.000 % (b) In addition, at any time and from time to time on or prior to April 15, 2007, the Company at its option may redeem Notes in an aggregate principal amount equal to up to 35% of the original aggregate principal amount of Notes (including the principal amount of any Additional Notes), with funds in an equal aggregate amount (the “Redemption Amount”) not exceeding the aggregate proceeds of one or more Equity Offerings, at a redemption price (expressed as a percentage of principal amount thereof) of 108.000%, plus accrued and unpaid interest, if any, to the Redemption Date (subject to Section 307); provided, however, that an aggregate principal amount of Notes equal to at least 65% of the original aggregate principal amount of Notes (including the principal amount of any Additional Notes) must remain outstanding after each such redemption. The Company may make such redemption upon notice mailed by first-class mail to each Holder’s registered address in accordance with Section 1005 (but in no event more than 180 days after the completion of the related Equity Offering). The Company may provide in such notice that payment of the redemption price and performance of the Company’s obligations with respect to such redemption may be performed by another Person. Any such notice may be given prior to the completion of the related Equity Offering, and any such redemption or notice may, at t...
Right of Redemption. 28 Section 3.2. Notices to Trustee...................................................... 29 Section 3.3. Selection of Securities to Be Redeemed.................................. 29 Section 3.4.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!