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

Selection by Trustee of Senior Notes to Be Redeemed. If the Senior Notes are registered in the name of only one Holder, any partial redemptions shall be pro rata. If the Senior Notes are held in certificated form by more than one Holder and if less than all the Senior Notes of any series are to be redeemed, the particular Senior Notes to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Senior Notes of such series not previously called for redemption, by lot or other such method as the Trustee shall deem fair and appropriate and that may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Senior Notes of that series or any integral multiple thereof) of the principal amount of Senior Notes of such series of a denomination larger than the minimum authorized denomination for Senior Notes of that series. The Trustee shall promptly notify the Company in writing of the Senior Notes selected for redemption and, in the case of any Senior Notes selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Senior Notes shall relate, in the case of any Senior Notes redeemed or to be redeemed only in part, to the portion of the principal amount of such Senior Notes that has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (Mirant Americas Generating Inc)

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Selection by Trustee of Senior Notes to Be Redeemed. If less than all of the Senior Notes are registered in the name of only one Holder, any partial redemptions shall be pro rata. If the Senior Notes are held in certificated form by more than one Holder and if less than all the Senior Notes of any series are to be redeemed, the particular Senior Notes or portions thereof to be redeemed shall be selected not more than 60 days and not less than 30 days prior to the Redemption Date by the Trustee, from the Outstanding Senior Notes of such series not previously called for redemptionredemption on a pro rata basis, by lot or by any other such method as the Trustee shall deem fair and appropriate and in compliance with the requirements of such principal national securities exchange, if any, on which the Senior Notes are listed or, if the Senior Notes are not so listed, on a pro rata basis, by lot or by any other method the Trustee shall deem fair and appropriate; provided that may provide for the selection for redemption of portions (amounts to be redeemed shall be equal to the minimum authorized denomination for Senior Notes of that series at least $1,000 or any integral multiple thereof) of the principal amount of Senior Notes of such series of a denomination larger than the minimum authorized denomination for Senior Notes of that series. The Trustee shall promptly notify the Company Issuer, DTC and the Registrar in writing of the Senior Notes selected for redemption and, in the case of any Senior Notes selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Senior Notes shall relate, in the case of any Senior Notes Note redeemed or to be redeemed only in part, to the portion of the principal amount of such Senior Notes that Note which has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (Aflac Inc)

Selection by Trustee of Senior Notes to Be Redeemed. If --------------------------------------------------- less than all of the Senior Notes are registered in the name of only one Holder, any partial redemptions shall be pro rata. If the Senior Notes are held in certificated form by more than one Holder and if less than all the Senior Notes of any series are to be redeemed, the particular Senior Notes or portions thereof to be redeemed shall be selected not more than 60 days and not less than 30 days prior to the Redemption Date by the Trustee, from the Outstanding Senior Notes of such series not previously called for redemptionredemption on a pro rata basis, by lot or by any other such method as the Trustee shall deem fair and appropriate and in compliance with the requirements of such principal national securities exchange, if any, on which the Senior Notes are listed or, if the Senior Notes are not so listed, on a pro rata basis, by lot or by any other method the Trustee shall deem fair and appropriate, provided that may provide for the selection for redemption of portions (amounts to be redeemed shall be equal to the minimum authorized denomination for Senior Notes of that series $1,000 or any integral multiple thereof) of the principal amount of Senior Notes of such series of a denomination larger than the minimum authorized denomination for Senior Notes of that series. The Trustee shall promptly notify the Company Issuer, the Custodian and the Senior Note Registrar in writing of the Senior Notes selected for redemption and, in the case of any Senior Notes selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Senior Notes shall relate, in the case of any Senior Notes Note redeemed or to be redeemed only in part, to the portion of the principal amount of such Senior Notes that Note which has been or is to be redeemed.

Appears in 1 contract

Samples: Terra Nova Bermuda Holding LTD

Selection by Trustee of Senior Notes to Be Redeemed. If less than all of the Senior Notes are registered in the name of only one Holder, any partial redemptions shall be pro rata. If the Senior Notes are held in certificated form by more than one Holder and if less than all the Senior Notes of any series are to be redeemed, the particular Senior Notes or portions thereof to be redeemed shall be selected not more than 60 days and not less than 30 days prior to the Redemption Date by the Trustee, from the Outstanding Senior Notes of such series not previously called for redemptionredemption on a pro rata basis, by lot or by any other such method as the Trustee shall deem fair and appropriate and in compliance with the requirements of such principal national securities exchange, if any, on which the Senior Notes are listed or, if the Senior Notes are not so listed, on a pro rata basis, by lot or by any other method the Trustee shall deem fair and appropriate, provided that may provide for the selection for redemption of portions (amounts to be redeemed shall be equal to the minimum authorized denomination for Senior Notes of that series $1,000 or any integral multiple thereof) of the principal amount of Senior Notes of such series of a denomination larger than the minimum authorized denomination for Senior Notes of that series. The Trustee shall promptly notify the Company Issuer, the Custodian and the Senior Note Registrar in writing of the Senior Notes selected for redemption and, in the case of any Senior Notes selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Senior Notes shall relate, in the case of any Senior Notes Note redeemed or to be redeemed only in part, to the portion of the principal amount of such Senior Notes that Note which has been or is to be redeemed.

Appears in 1 contract

Samples: Terra Nova Bermuda Holding LTD

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Selection by Trustee of Senior Notes to Be Redeemed. If the Senior Notes are registered in the name of only one Holder, any partial redemptions shall be pro rata. If the Senior Notes are held in certificated form by more than one Holder and if less than all the Senior Notes of any series are to be redeemed, the particular Senior Notes to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, Trustee from the Outstanding Senior Notes of such series not previously called for redemption, redemption by lot or other such method as the Trustee shall deem fair and appropriate and that which may provide for the selection for redemption of portions (equal to of the minimum authorized denomination for principal of Senior Notes of Notes; PROVIDED, HOWEVER, that series or any integral multiple thereof) no such partial redemption shall reduce the portion of the principal amount of a Senior Notes of such series of a denomination larger Note not redeemed to less than the minimum authorized denomination for Senior Notes of that series$1,000. The Trustee shall promptly notify the Company in writing of the Senior Notes selected for redemption and, in the case of any Senior Notes selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Senior Notes shall relate, in the case of any Senior Notes Note redeemed or to be redeemed only in part, to the portion of the principal amount of such Senior Notes that Note which has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (Ascent Entertainment Group Inc)

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