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

Selection by Trustee of Notes to Be Redeemed. In the case of any partial redemption, selection of the Notes for redemption will be made by the 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, and in the case of global notes, in accordance with the procedures of DTC, in integral multiples of $1,000, although no Note of $2,000 in original principal amount or less 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 this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of the Notes redeemed or to be redeemed only in part, to the portion of the principal amount of the Notes that has been or is to be redeemed.

Appears in 10 contracts

Samples: Indenture (US Foods Holding Corp.), Supplemental Indenture (US Foods Holding Corp.), Supplemental Indenture (US Foods Holding Corp.)

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Selection by Trustee of Notes to Be Redeemed. In the case event that less than all of the Notes are to be redeemed at any partial time pursuant to an optional redemption, selection of the Trustee will select the Notes for redemption will be made by in compliance with the Trustee 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 other method as the Trustee in its sole discretion shall deem to be fair and appropriateappropriate (except that any Notes represented by a Global Note will be redeemed by such method as the Depositary may require); provided, and in the case however, that no Notes of global notes, in accordance with the procedures of DTC, in integral multiples of $1,000, although no Note a principal amount of $2,000 in original principal amount or less will shall 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 this the Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of the any Notes redeemed or to be redeemed only in part, to the portion of the principal amount of the such Notes that 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.)

Selection by Trustee of Notes to Be Redeemed. In Unless otherwise specified for Notes of any series in the applicable Notes Supplemental Indenture, as contemplated by Section 301, in the case of any partial redemption, selection of the Notes for redemption will be made by the Trustee not more than 60 days prior to the Redemption Date 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, and in the case of global notes, in accordance with the procedures of DTC, in integral multiples of $1,000, although no Note of $2,000 in original principal amount or less 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 this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of the Notes any Note redeemed or to be redeemed only in part, to the portion of the principal amount of the Notes such Note that has been or is to be redeemed.

Appears in 9 contracts

Samples: Indenture (Hd Supply, Inc.), Indenture (Hd Supply, Inc.), Intercreditor Agreement (LBM Holdings, LLC)

Selection by Trustee of Notes to Be Redeemed. In the case of any partial redemption, selection If less than all of the Notes for redemption are to be redeemed, the Trustee will select the Notes or portions thereof in authorized denominations to be made redeemed by lot, pro rata or by any other method customarily authorized by the Trustee on a pro rata basis, by lot or by such other method as the Trustee in its sole discretion shall deem clearing systems (subject to be fair and appropriate, and in the case of global notes, in accordance with the procedures of DTC, in integral multiples of $1,000, although no Note DTC procedures). No Notes of $2,000 in original principal amount or less will shall be redeemed in partpart and no redemption shall result in a Holder holding a Note of less than $2,000. 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 this Indenture, Indenture unless the context otherwise requires, all provisions relating of this Indenture that apply to the Notes called for redemption also apply to portions of Notes shall relate, in the case of the Notes redeemed or to be redeemed only in part, to the portion of the principal amount of the Notes that has been or is to be redeemedcalled for redemption.

Appears in 5 contracts

Samples: Indenture (CEB Inc.), Indenture (Fti Consulting Inc), Indenture (Alliance Data Systems Corp)

Selection by Trustee of Notes to Be Redeemed. In the case of any partial redemption, selection of the Notes for redemption will be made by the 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, and in the case of global notesGlobal Notes, in accordance with the procedures of DTC, in integral multiples of $1,000, although no Note of $2,000 in original principal amount or less 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 this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of the Notes redeemed or to be redeemed only in part, to the portion of the principal amount of the Notes that has been or is to be redeemed.

Appears in 4 contracts

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

Selection by Trustee of Notes to Be Redeemed. In Unless otherwise specified for Notes of any series in the applicable Notes Supplemental Indenture, as contemplated by Section 301, in the case of any partial redemption, selection of the Notes for redemption will be made by the 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 appropriateappropriate and, and in the case of global notesGlobal Notes, in accordance with the procedures of DTC, in integral multiples of $1,000, although the Depositary; provided that no Note of $2,000 less than the Minimum Denomination in original aggregate principal amount or less 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 this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of the Notes any Note redeemed or to be redeemed only in part, to the portion of the principal amount of the Notes such Note that has been or is to be redeemed.

Appears in 2 contracts

Samples: Supplemental Indenture (Frontdoor, Inc.), Supplemental Indenture (Servicemaster Global Holdings Inc)

Selection by Trustee of Notes to Be Redeemed. In the case of any partial redemption, selection of the Notes for redemption will be made by the Trustee not more than 60 days prior to the Redemption Date on a pro rata basisbasis or, to the extent a pro rata basis is not permitted, by lot or by such other method as the Trustee in its sole discretion shall deem to be fair and appropriateusing a pool factor, and or in the case of Notes issued in global notesform, in accordance with based on a method that most nearly approximates a pro rata selection as required by the procedures of DTC, in integral multiples of $1,000, although no Note of $2,000 in original principal amount or less 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 this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of the Notes any Note redeemed or to be redeemed only in part, to the portion of the principal amount of the Notes such Note that has been or is to be redeemed.

Appears in 2 contracts

Samples: Avis Budget Group, Inc., Avis Budget Group, Inc.

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Selection by Trustee of Notes to Be Redeemed. In the case of any partial redemption, selection of the Notes for redemption will be made by the 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, and in the case of global notes, in accordance with the procedures of DTC, in integral multiples of $1,000, although no Note of $2,000 in original principal amount or less 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 this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of the Notes redeemed or to be redeemed only in part, to the portion of the principal amount of the Notes that has been or is to be redeemed.

Appears in 1 contract

Samples: Minerals Technologies Inc

Selection by Trustee of Notes to Be Redeemed. In the case of any partial redemption, selection of the Notes for redemption will be made by the 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, and in the case of global notes, in accordance with the procedures of DTC, in integral multiples of $1,000, although no Note of $2,000 in original principal amount or less 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 this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of the Notes redeemed or to be redeemed only in part, to the portion of the principal amount of the Notes that has been or is to be redeemed.

Appears in 1 contract

Samples: Xerox Corp

Selection by Trustee of Notes to Be Redeemed. In the case of any partial redemption, selection of the Notes for redemption will be made by the Trustee on a pro rata basis, by lot 106 or by such other method as the Trustee in its sole discretion shall deem to be fair and appropriate, and in the case of global notes, in accordance with the procedures of DTC, in integral multiples of $1,000, although no Note of $2,000 in original principal amount or less 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 this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of the Notes redeemed or to be redeemed only in part, to the portion of the principal amount of the Notes that has been or is to be redeemed.

Appears in 1 contract

Samples: Collateral Agreement (US Foods Holding Corp.)

Selection by Trustee of Notes to Be Redeemed. In the case of any partial redemption, selection of If less than all the Notes for redemption will are to be made by redeemed at any time, the Trustee particular Notes 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 to be fair and appropriateappropriate and which may provide for the selection for redemption of portions of the principal of Notes; provided, and in however, that no such partial redemption shall reduce the case portion of global notes, in accordance with the procedures principal amount of DTC, in integral multiples of a Note not redeemed to less than $1,000, although no Note of $2,000 in original principal amount or less 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 Notes 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 this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of the Notes any Note redeemed or to be redeemed only in part, to the portion of the principal amount of the Notes that such Note which has been or is to be redeemed.

Appears in 1 contract

Samples: Fleming Companies Inc /Ok/

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