Common use of Right of Redemption; Mandatory Redemption Clause in Contracts

Right of Redemption; Mandatory Redemption. (a) The Notes ----------------------------------------- will be redeemable, at the Company's option, in whole or in part, at any time or from time to time, on or after June 1, 2002 and prior to maturity, upon not less than 30 nor more than 60 days' prior notice mailed by first-class mail to each Holder's last address, as it appears in the Security Register, at the following Redemption Prices (expressed in percentages of principal amount), plus accrued and unpaid interest to the Redemption Date (subject to the right of Holders of record on the relevant Regular Record Date that is prior to the Redemption Date to receive interest due on an Interest Payment Date), if redeemed during the 12- month period commencing June 1 of the years set forth below: Redemption Year Price ---- ---------- 2002........................ 105.500% 2003........................ 102.750 37

Appears in 1 contract

Samples: Itc Deltacom Inc

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Right of Redemption; Mandatory Redemption. (a) The Notes ----------------------------------------- will be redeemable, at the CompanyIssuer's option, in whole or in part, at any time or from time to time, on or after June August 1, 2002 and prior to maturity, upon not less than 30 nor more than 60 days' prior notice mailed by first-class mail to each Holder's last address, as it appears in the Security Register, at the following Redemption Prices (expressed in percentages of principal amount), plus accrued and unpaid interest to the Redemption Date (subject to the right of Holders of record on the relevant Regular Record Date that is prior to the Redemption Date to receive interest due on an Interest Payment Date), if redeemed during the 12- 12-month period commencing June August 1 of the years set forth below: Redemption Year Price ---- ---------- 2002........................ 105.500.................... 104.500% 2003........................ 102.750 37.................... 102.250 2004 and thereafter..... 100.000

Appears in 1 contract

Samples: Genesis Eldercare Acquisition Corp

Right of Redemption; Mandatory Redemption. (a) The Notes ----------------------------------------- will be redeemable, at the Company's option, in whole or in part, at any time or from time to time, on or after June 1September 15, 2002 and prior to maturity, upon not less than 30 nor more than 60 days' prior notice mailed by first-first class mail to each Holder's last address, as it appears in the Security Register, at the following Redemption Prices (expressed in percentages of principal amount), plus accrued and unpaid interest to the Redemption Date (subject to the right of Holders of record on the relevant Regular Record Date that is prior to the Redemption Date to receive interest due on an Interest Payment Date), if redeemed during the 12- 12-month period commencing June 1 September 15 of the years set forth below: Redemption Year Price ---- ---------- 2002........................ 105.500............................... 105.250% 2003........................ 102.750 37............................... 102.625% 2004 and thereafter................ 100.000%

Appears in 1 contract

Samples: Indenture (Bti Telecom Corp)

Right of Redemption; Mandatory Redemption. (a) The Notes ----------------------------------------- will be redeemable, at the Company's option, in whole or in part, at any time or from time to time, on or after June 1November 15, 2002 2003 and prior to maturity, upon not less than 30 nor more than 60 days' prior notice mailed by first-class mail to each Holder's last address, as it appears in the Security Register, at the following Redemption Prices (expressed in percentages of principal amount), plus accrued and unpaid interest to the Redemption Date (subject to the right of Holders of record on the relevant Regular Record Date that is prior to the Redemption Date to receive interest due on an Interest Payment Date), if redeemed during the 12- 12-month period commencing June 1 November 15 of the years set forth below: Year Redemption Year Price ---- ---------- 2002........................ 105.500---------------- 2003..................... 104.875% 2003........................ 102.750 372004..................... 103.250 2005..................... 101.625 2006 and thereafter...... 100.000

Appears in 1 contract

Samples: Itc Deltacom Inc

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Right of Redemption; Mandatory Redemption. (a) The Notes ----------------------------------------- will be redeemable, at the Company's option, in whole or in part, at any time or from time to time, on or after June March 1, 2002 2003 and prior to maturity, upon not less than 30 nor more than 60 days' prior notice mailed by first-class mail to each Holder's last address, as it appears in the Security Register, at the following Redemption Prices (expressed in percentages of principal amount), plus accrued and unpaid interest to the Redemption Date (subject to the right of Holders of record on the relevant Regular Record Date that is prior to the Redemption Date to receive interest due on an Interest Payment Date), if redeemed during the 12- 12-month period commencing June March 1 of the years set forth below: Year Redemption Year Price ---- ---------- 2002........................ 105.500---------------- 2003 ..................... 104.4375% 2003........................ 102.750 372004 ..................... 102.9583 2005 ..................... 101.4792 2006 and thereafter ...... 100.0000

Appears in 1 contract

Samples: Itc Deltacom Inc

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