Common use of SECTION 1102. Election to Redeem; Notice to Trustee Clause in Contracts

SECTION 1102. Election to Redeem; Notice to Trustee. The election of the Company to redeem any Securities shall be evidenced by a Company Resolution or an Officers’ Certificate of the Company or in another manner specified as contemplated by Section 301 for such Securities. In case of any redemption at the election of the Company of the Securities of any series (including any such redemption affecting only a single Security), the Company shall, at least 15 days prior to the date any notice of a redemption is to be given to the Holders pursuant to Section 1104 (unless a shorter notice shall be satisfactory to the Trustee), notify the Trustee of such Redemption Date, of the principal amount of Securities of such series to be redeemed and, if applicable, of the tenor of the Securities to be redeemed accompanied by an Officers’ Certificate and Opinion of Counsel certifying that the conditions precedent for such redemption have been satisfied. In the case of any redemption of Securities prior to the expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, the Company shall furnish the Trustee with an Officers’ Certificate of the Company evidencing compliance with such restriction.

Appears in 3 contracts

Samples: Indenture (Blackstone Inc.), Subordinated Indenture (Blackstone Holdings I L.P.), Indenture (Blackstone Holdings I L.P.)

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SECTION 1102. Election to Redeem; Notice to Trustee. The election of the Company to redeem any Securities shall be evidenced by established in or pursuant to a Company Board Resolution or an Officers’ Certificate of the Company or in another manner specified as contemplated by Section 301 for such Securities. In case of any redemption at the election of If the Company of the Securities of elects to redeem any series (including any such redemption affecting only a single Security)Securities, the Company shall, at least 15 days 5 Business Days prior to the date any giving of notice of a redemption is to be given to the Holders pursuant to Section 1104 (unless a shorter notice shall be satisfactory to the Trustee), notify give written notice to the Trustee setting forth (i) the clause of such this Indenture pursuant to which the redemption shall occur, (ii) the Redemption Date, of (iii) the principal amount of Securities to be redeemed, (iv) the Redemption Price and (v) whether the Company requests the Trustee to give notice of such series to be redeemed and, if applicable, of the tenor of the Securities to be redeemed accompanied by an Officers’ Certificate and Opinion of Counsel certifying that the conditions precedent for such redemption have been satisfiedredemption. In the case of any redemption of Securities (1) prior to the expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, or (2) pursuant to an election of the Company that is subject to a condition specified in the terms of the Securities of the series to be redeemed, the Company shall furnish the Trustee with an Officers’ Officer’s Certificate of the Company evidencing compliance with such restrictionrestriction or condition. Redemptions may be conditioned upon the occurrence of conditions precedent with respect to the redemption.

Appears in 2 contracts

Samples: Indenture (Diamondback Energy, Inc.), Indenture (Diamondback Energy E&P LLC)

SECTION 1102. Election to Redeem; Notice to Trustee. The election of the Company to redeem any Securities shall be evidenced by established in or pursuant to a Company Board Resolution or an Officers’ Certificate of the Company or in another manner specified as contemplated by Section 301 for such Securities. In case of any redemption at the election of If the Company of the Securities of elects to redeem any series (including any such redemption affecting only a single Security)Securities, the Company shall, at least 15 days 5 Business Days prior to the date any giving of notice of a redemption is to be given to the Holders pursuant to Section 1104 (unless a shorter notice shall be satisfactory to the Trustee), notify give written notice to the Trustee setting forth (i) the clause of such this Indenture pursuant to which the redemption shall occur, (ii) the Redemption Date, of (iii) the principal amount of Securities to be redeemed, (iv) the Redemption Price and (v) whether the Company requests the Trustee to give notice of such series to be redeemed and, if applicable, of the tenor of the Securities to be redeemed accompanied by an Officers’ Certificate and Opinion of Counsel certifying that the conditions precedent for such redemption have been satisfiedredemption. In the case of any redemption of Securities (1) prior to the expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, or (2) pursuant to an election of the Company that is subject to a condition specified in the terms of the Securities of the series to be redeemed, the Company shall furnish the Trustee with an Officers’ Certificate of the Company evidencing compliance with such restrictionrestriction or condition. Redemptions may be conditioned upon the occurrence of conditions precedent with respect to the redemption.

Appears in 2 contracts

Samples: Indenture (Diamondback Energy, Inc.), Indenture (Diamondback Energy O&G LLC)

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SECTION 1102. Election to Redeem; Notice to Trustee. The election of the Company to redeem any Securities shall be evidenced by a Company Resolution or an Officers’ Certificate of the Company or in another manner specified as contemplated by Section 301 for such Securities. In case of any redemption at the election of the Company of the Securities of any series (including any such redemption affecting only a single Security), the Company shall, at least 15 days prior to the date any notice of a redemption is to be given to the Holders pursuant to Section 1104 (unless a shorter notice shall be satisfactory to the Trustee), notify the Trustee of such Redemption Date, of the principal amount of Securities of such series to be redeemed and, if applicable, of the tenor of the Securities to be redeemed accompanied by an Officers’ Certificate and Opinion of Counsel certifying that the conditions precedent for such redemption have been satisfiedredeemed. In the case of any redemption of Securities prior to the expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, the Company shall furnish the Trustee with an Officers’ Certificate of the Company evidencing compliance with such restriction.

Appears in 2 contracts

Samples: Indenture (KKR & Co. Inc.), Indenture (Carlyle Group L.P.)

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