Common use of Selection by Trustee of Notes to Be Redeemed Clause in Contracts

Selection by Trustee of Notes to Be Redeemed. In the event that less than all of the Notes are to be redeemed at any time pursuant to an optional redemption, the Trustee will select the Notes for redemption in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not then listed on a national security exchange, on a pro rata basis, by lot or by such method as the Trustee in its sole discretion shall deem fair and appropriate (except that any Notes represented by a Global Note will be redeemed by such method as the Depositary may require); provided, however, that no Notes of a principal amount of $2,000 in original principal amount or less shall be redeemed in part. For all purposes of the Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.

Appears in 10 contracts

Samples: Indenture (Weatherford International PLC), Indenture (Weatherford International PLC), Indenture (Weatherford Irish Holdings Ltd.)

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Selection by Trustee of Notes to Be Redeemed. In the event that less than all case of the Notes are to be redeemed at any time pursuant to an optional partial redemption, the Trustee will select selection of the Notes for redemption in compliance with will be made by the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not then listed on a national security exchange, Trustee on a pro rata basis, by lot or by such other method as the Trustee in its sole discretion shall deem to be fair and appropriate (except that any Notes represented by a Global appropriate, and in the case of global notes, in accordance with the procedures of DTC, in integral multiples of $1,000, although no Note will be redeemed by such method as the Depositary may require); provided, however, that no Notes of a principal amount of $2,000 in original principal amount or less shall will be redeemed in part. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. On and after the Redemption Date, interest will cease to accrue on Notes or portions thereof called for redemption. For all purposes of the this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any the Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such the Notes which that has been or is to be redeemed.

Appears in 9 contracts

Samples: Supplemental Indenture (US Foods Holding Corp.), Supplemental Indenture (US Foods Holding Corp.), Indenture (Victoria's Secret & Co.)

Selection by Trustee of Notes to Be Redeemed. In the event that less fewer than all of the Notes are to be redeemed at any time pursuant to an optional redemptionredeemed, the Trustee will shall select the Notes for redemption in compliance with to be redeemed, if the requirements of the principal Notes are listed on a national securities exchange, if any, on which in accordance with the Notes are listed rules of such exchange or, if the Notes are not then listed on a national security exchangeso listed, on a by lot, pro rata basis, by lot or by such other method as the Trustee in its sole discretion it shall deem fair and appropriate (except that any Notes represented by a Global Note will be redeemed by such method as appropriate. The Trustee shall promptly notify the Depositary may require); provided, however, that no Notes of a principal amount of $2,000 in original principal amount or less shall be redeemed in part. For all purposes Issuers of the Indenture, unless the context otherwise requires, all provisions relating to the Notes selected for redemption of Notes shall relateand, in the case of any Notes redeemed or selected for partial redemption, the principal amount thereof to be redeemed only in part, to the portion redeemed. The Trustee may select for redemption portions of the principal amount of such the Notes which has been that have denominations larger than $1,000. Notes and portions thereof the Trustee selects shall be redeemed in amounts of $1,000 or is whole multiples of $1,000. For all purposes of this Indenture unless the context otherwise requires, provisions of this Indenture that apply to be redeemedNotes called for redemption also apply to portions of Notes called for redemption.

Appears in 4 contracts

Samples: Indenture (Petro Holdings Financial Corp), Indenture (Petro Stopping Centers L P), Indenture (Petro Stopping Centers Holdings Lp)

Selection by Trustee of Notes to Be Redeemed. In the event that less than all case of the Notes are to be redeemed at any time pursuant to an optional partial redemption, the Trustee will select selection of the Notes for redemption in compliance with will be made by the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not then listed on a national security exchange, Trustee on a pro rata basis, by lot or by such other method as the Trustee in its sole discretion shall deem to be fair and appropriate (except that any Notes represented by a appropriate, and in the case of Global Notes, in accordance with the procedures of DTC, in integral multiples of $1,000, although no Note will be redeemed by such method as the Depositary may require); provided, however, that no Notes of a principal amount of $2,000 in original principal amount or less shall will be redeemed in part. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. On and after the Redemption Date, interest will cease to accrue on Notes or portions thereof called for redemption. For all purposes of the this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any the Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such the Notes which that has been or is to be redeemed.

Appears in 3 contracts

Samples: Collateral Trust Agreement (Tenneco Inc), Collateral Trust Agreement (Tenneco Inc), Phinia Inc.

Selection by Trustee of Notes to Be Redeemed. In the event that If less than all of the Notes are to be redeemed at any time pursuant to an optional redemptiontime, the Trustee will select the selection of Notes for redemption will be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not then listed on a national security exchangeso listed, on a pro rata basis, by lot or by such other method as the Trustee in its sole discretion shall deem deems fair and appropriate (except that appropriate. The Trustee shall promptly notify the Company and the Registrar in writing of the Notes selected for redemption and, in the case of any Notes represented by a Global Note will be redeemed by such method as selected for partial redemption, the Depositary may require); provided, however, that no Notes of a principal amount of $2,000 in original principal amount or less shall thereof to be redeemed in partredeemed. For all purposes of the this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes Note redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes Note which has been or is to be redeemed.

Appears in 2 contracts

Samples: Indenture (Avatex Corp), Indenture (Avatex Funding Inc)

Selection by Trustee of Notes to Be Redeemed. In the event that less than all of the Notes are to be redeemed at any time pursuant to an optional redemptiontime, the Trustee will select selection of the Notes for redemption will be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not then listed on a national security securities exchange, on a pro rata basis, by lot or by such method as -------- the Trustee in its sole discretion shall deem fair and appropriate (except that any Notes represented by a Global Note will be redeemed by such method as the Depositary may require)appropriate; provided, however, that no Notes of a principal amount of $2,000 in original 1,000 -------- principal amount or less shall be redeemed in part. For all purposes The Trustee may select for redemption portions of the Indenture, unless principal of the context otherwise requires, all provisions relating to Notes that have denominations larger than $1,000. The Trustee shall promptly notify the Issuers of the Notes selected for redemption of Notes shall relateand, in the case of any Notes redeemed or to be redeemed only in partselected for partial redemption, to the portion of the principal amount of such Notes which has been or is thereof to be redeemed. For all purposes of this Indenture unless the context otherwise requires, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption.

Appears in 2 contracts

Samples: Supplemental Indenture (Muzak Finance Corp), Muzak Holdings Finance Corp

Selection by Trustee of Notes to Be Redeemed. In the event that less than all of the Notes are to be redeemed at any time pursuant to an optional redemption, the Trustee will select the Notes for redemption in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not then listed on a national security exchange, on a pro rata basis, by lot or by such method as the Trustee in its sole discretion shall deem fair and appropriate (except that any Notes represented by a Global Note will be redeemed by such method as the Depositary may require); provided, however, that no Notes of a principal amount of $2,000 in original principal amount or less shall be redeemed in part. For all purposes of the Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (Weatherford International PLC)

Selection by Trustee of Notes to Be Redeemed. In the event that less fewer than all of the Notes are to be redeemed at any time pursuant to an optional redemptionredeemed, the Trustee will shall select the Notes for redemption in compliance with to be redeemed, if the requirements of the principal Notes are listed on a national securities exchange, if any, on which in accordance with the Notes are listed rules of such exchange or, if the Notes are not then listed on a national security exchangeso listed, on a pro rata basiseither by lot, by lot or by such other method as the Trustee in its sole discretion it shall deem fair and appropriate (except that any Notes represented by a Global Note will be redeemed by such method as equitable. The Trustee shall promptly notify the Depositary may require); provided, however, that no Notes of a principal amount of $2,000 in original principal amount or less shall be redeemed in part. For all purposes Company of the Indenture, unless the context otherwise requires, all provisions relating to the Notes selected for redemption of Notes shall relateand, in the case of any Notes redeemed or selected for partial redemption, the principal amount thereof to be redeemed only in part, to the portion redeemed. The Trustee may select for redemption portions of the principal amount of such the Notes which has been that have denominations larger than $1,000. Notes and portions thereof the Trustee selects shall be redeemed in amounts of $1,000 or is whole multiples of $1,000. For all purposes of this Indenture unless the context otherwise requires, provisions of this Indenture that apply to be redeemedNotes called for redemption also apply to portions of Notes called for redemption.

Appears in 1 contract

Samples: Fairfield Manufacturing Co Inc

Selection by Trustee of Notes to Be Redeemed. In the event that less than all of the Notes are to be redeemed at any time pursuant to an optional redemptiontime, the Trustee will select selection of the Notes for redemption will be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not then listed on a national security securities exchange, on a pro rata basis, by lot or by such method as -------- the Trustee in its sole discretion shall deem fair and appropriate (except that any Notes represented by a Global Note will be redeemed by such method as the Depositary may require)appropriate; provided, however, that no Notes of a $1,000 -------- principal amount of $2,000 in original principal amount at maturity or less shall be redeemed in part. For all purposes The Trustee may select for redemption portions of the Indenture, unless principal of the context otherwise requires, all provisions relating to Notes that have denominations larger than $1,000. The Trustee shall promptly notify the Issuers of the Notes selected for redemption of Notes shall relateand, in the case of any Notes redeemed or to be redeemed only in partselected for partial redemption, to the portion of the principal amount of such Notes which has been or is at maturity thereof to be redeemed. For all purposes of this Indenture unless the context otherwise requires, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption.

Appears in 1 contract

Samples: Supplemental Indenture (Muzak Holdings Finance Corp)

Selection by Trustee of Notes to Be Redeemed. In the event that If less than all of the Notes are to be redeemed at any time pursuant to an optional redemptiontime, the Trustee will select the particular Notes for redemption in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not then listed on a national security exchange, to be redeemed shall be selected on a pro rata basis, basis by lot or by such other method as the Trustee in its sole discretion shall deem fair and appropriate (except that any Notes represented by a Global Note will be redeemed by such method as and which may provide for the Depositary may require)selection for redemption of portions of the principal of Notes; provided, however, that no Notes such partial redemption shall reduce the portion of a the principal amount of a Note not redeemed to less than $2,000 1,000. The Trustee shall promptly notify the Company in original writing of the Notes selected for redemption and, in the case of any Notes selected for partial redemption, the principal amount or less shall thereof to be redeemed in partredeemed. For all purposes of the this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes Note redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes Note which has been or is to be redeemed.

Appears in 1 contract

Samples: Fleming Companies Inc /Ok/

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Selection by Trustee of Notes to Be Redeemed. In the event that less than all of the Notes are to be redeemed at any time pursuant to an optional redemption, the Trustee will select the Notes for redemption in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not then listed on a national security exchange, on a pro rata basis, by lot or by such method as the Trustee in its sole discretion shall deem fair and appropriate (except that 112 any Notes represented by a Global Note will be redeemed by such method as the Depositary may require); provided, however, that no Notes of a principal amount of $2,000 in original principal amount or less shall be redeemed in part. For all purposes of the Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.

Appears in 1 contract

Samples: Weatherford International PLC

Selection by Trustee of Notes to Be Redeemed. In the event that less than all of the Notes of either series are to be redeemed at any time pursuant to an optional redemption, the Trustee will select the Notes of that series for redemption in compliance with the requirements of the principal national securities exchange, if any, on which the such Notes are listed or, if the such Notes are not then listed on a national security exchange, on a pro rata basis, by lot or by such method as the Trustee in its sole discretion shall deem fair and appropriate (except that any Notes represented by a Global Note will be redeemed by such method as the Depositary may require); provided, however, that no Notes of a principal amount of $2,000 in original principal amount or less shall be redeemed in part. For all purposes of the Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes which has been or is to be redeemed.

Appears in 1 contract

Samples: Tenth Supplemental Indenture (Weatherford International PLC)

Selection by Trustee of Notes to Be Redeemed. In the event that If less than all of the Notes are to be redeemed at any time pursuant to an optional redemptiontime, the Trustee will select the Notes for redemption in compliance with the requirements of the principal national securities exchange, if any, on which the such Notes are listed listed, or, if the such Notes are not then listed on a national security exchangeso listed, on a pro rata basis, by lot or by such other method as the Trustee in its sole discretion shall deem fair and appropriate (except that any Notes represented by a Global Note will be redeemed by and in such method manner as the Depositary may requirecomplies with applicable legal requirements); provided, however, that no Notes of a principal amount of $2,000 in original principal amount 1,000 or less shall be redeemed in part. The Trustee shall promptly notify the Company and the Registrar in writing of the Notes selected for redemption and, in the case of any Notes selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of the this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Notes Note redeemed or to be redeemed only in part, to the portion of the principal amount of such Notes Note which has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (Houston Exploration Co)

Selection by Trustee of Notes to Be Redeemed. In the event that less than all of the Notes are to be redeemed at any time pursuant to an optional redemptiontime, the Trustee will select selection of the Notes for redemption will be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not then listed on a national security securities exchange, on a pro rata basisbasis to the extent practicable, by lot or by or such other similar method as in accordance with the Trustee in its sole discretion shall deem fair and appropriate (except that any Notes represented by a Global Note will be redeemed by such method as procedures of the Depositary may require)Depository; provided, however, that no Notes of a principal amount of $2,000 in original 1,000 principal amount or less shall be redeemed in part. For all purposes The Trustee may select for redemption portions of the Indenture, unless principal of the context otherwise requires, all provisions relating to Notes that have denominations larger than $1,000. The Trustee shall promptly notify the Issuer of the Notes selected for redemption of Notes shall relateand, in the case of any Notes redeemed or to be redeemed only in partselected for partial redemption, to the portion of the principal amount of such Notes which has been or is thereof to be redeemed. For all purposes of this Indenture unless the context otherwise requires, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption.

Appears in 1 contract

Samples: Indenture (Muzak Heart & Soul Foundation)

Selection by Trustee of Notes to Be Redeemed. In the event that less than all of the Notes are to be redeemed at any time pursuant to an optional redemptiontime, the Trustee will select selection of the Notes for redemption will be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not then listed on a national security securities exchange, on a pro rata basis, by lot or by such method as the Trustee in its sole discretion shall deem fair and appropriate (except that any Notes represented by a Global Note will be redeemed by such method as the Depositary may require)appropriate; provided, however, that no Notes of a principal amount of $2,000 in original 1,000 principal amount or less shall be redeemed in part. For all purposes The Trustee may select for redemption portions of the Indenture, unless principal of the context otherwise requires, all provisions relating to Notes that have denominations larger than $1,000. The Trustee shall promptly notify the Company of the Notes selected for redemption of Notes shall relateand, in the case of any Notes redeemed or to be redeemed only in partselected for partial redemption, to the portion of the principal amount of such Notes which has been or is thereof to be redeemed. For all purposes of this Indenture unless the context otherwise requires, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption.

Appears in 1 contract

Samples: D&f Industries Inc

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