Common use of Selection of Debentures to be Redeemed Clause in Contracts

Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, the particular Debentures to be redeemed shall be selected not more than 45 days prior to the Redemption Date by the Trustee from the Outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for partial redemption and 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 Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture which has been or is to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemption.

Appears in 4 contracts

Samples: Indenture (Host Marriott Corp/Md), Junior Convertible Subordinated Indenture (Newfield Financial Trust Ii), Junior Convertible Subordinated Indenture (Newell Financial Trust I)

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Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemedredeemed or purchased in an offer to purchase at any time, the Trustee shall select the Debentures to be redeemed or purchased among the Holders of the Debentures in compliance with the requirements of the principal national securities exchange, if any, on which the Debentures are listed or, if the Debentures are not so listed, on a pro rata basis, by lot or in accordance with any other method the Trustee considers fair and appropriate. In the event of partial redemption by lot, the particular Debentures to be redeemed shall be selected selected, unless otherwise provided herein, not less than 30 nor more than 45 60 days prior to the Redemption Date redemption date by the Trustee from the Outstanding outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company Issuers in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and 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 Debentures and portions of Debentures selected shall relate, be in the case amounts of any Debenture redeemed $1,000 or to be redeemed only in part, to the portion whole multiples of $1,000; except that if all of the principal amount Debentures of such Debenture which has been or is a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder, even if not a multiple of $1,000, shall be redeemed. If the Company shall so direct, Debentures registered Except as provided in the name preceding sentence, provisions of the Company, any Affiliate or any Subsidiary thereof shall not be included in the this Indenture that apply to Debentures selected called for redemption also apply to portions of Debentures called for redemption.

Appears in 4 contracts

Samples: Indenture (Grove Holdings Capital Inc), Indenture (Anthony Crane Sales & Leasing Lp), Indenture (Anthony Crane Rental Holdings Lp)

Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, the particular Debentures to be redeemed shall be selected not more than 45 days prior to the Redemption Date by the Trustee from the Outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, ; provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for partial redemption and 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 Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture which has been or is to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemption.

Appears in 4 contracts

Samples: Merger Agreement (Capital Senior Living Corp), Merger Agreement (Ilm Ii Senior Living Inc /Va), Merger Agreement (Capital Senior Living Corp)

Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, unless the particular procedures of the Depositary provide otherwise, the Trustee shall select the Debentures to be redeemed by lot, on a pro rata basis or by another method the Trustee considers fair and appropriate (so long as such method is not prohibited by the rules of any stock exchange on which the Debentures are then listed). The Trustee shall be selected make the selection at least 30 days but not more than 45 60 days prior to before the Redemption Date by the Trustee from the Outstanding outstanding Debentures not previously called for redemption, by lot or by such other method as the . The Trustee shall deem fair and appropriate and which may provide for the selection select for redemption of a portion portions of the principal amount at maturity of the Debentures Outstanding, provided that have denominations larger than $1,000. Debentures and portions of Debentures that the unredeemed portion of the principal amount of the Debentures Trustee selects shall be in principal amounts at maturity of $1,000 or an authorized denomination (which shall not be less than the minimum authorized denomination) integral multiple of $1,000. Provisions of this Indenture that apply to Debentures called for the Debenturesredemption also apply to portions of Debentures called for redemption. The Trustee shall promptly notify the Company in writing promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption and is converted in part before termination of 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 Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, conversion right with respect to the portion of the principal amount Debenture so selected, the converted portion of such Debenture which has been or is shall be deemed (so far as may be) to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures portion selected for redemption. Debentures which have been converted during a selection of Debentures to be redeemed may be treated by the Trustee as outstanding for the purpose of such selection.

Appears in 2 contracts

Samples: Convertible Debentures Supplemental Indenture (International Paper Co /New/), Convertible Debentures Supplemental Indenture (International Paper Co /New/)

Selection of Debentures to be Redeemed. If less fewer than all the Debentures are to be redeemed, the Trustee shall select the particular Debentures to be redeemed shall be selected not more than 45 days prior to the Redemption Date by the Trustee from the Outstanding Debentures by a method that complies with the requirements of any exchange on which the Debentures are listed, or, if the Debentures are not previously called for redemptionlisted on an exchange, on a pro rata basis or by lot or by such in accordance with any other method as the Trustee shall deem considers fair and appropriate and which appropriate. The Trustee may provide for the selection select for redemption of a portion portions of the principal amount of the Debentures Outstanding, provided that have denominations larger than $1,000. Debentures and portions thereof that the unredeemed portion Trustee selects shall be in principal amounts in integral multiples of $1,000. Provisions of this Indenture that apply to Debentures called for redemption also apply to portions of Debentures called for redemption. The Trustee shall notify the principal amount Company promptly of the Debentures or portions of Debentures to be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debenturesredeemed. The Trustee shall promptly notify the Company and the Registrar in writing of the Debentures selected for redemption and, in the case of any Debentures selected for partial redemption and redemption, the principal amount thereof to be redeemed. If any Debenture selected for partial redemption is converted or elected to be purchased in part before termination of the conversion right or repurchase right with respect to the portion of the Debenture so selected, the converted or purchased portion of such Debenture shall be deemed to be the portion selected for redemption; provided, however, that the Holder of such Debenture so converted or purchased and deemed redeemed shall not be entitled to any additional interest payment as a result of such deemed redemption than such Holder would have otherwise been entitled to receive upon conversion or purchase of such Debenture subject to Section 2.1(f). Debentures which have been converted or purchased during a selection of Debentures to be redeemed may be treated by the Trustee as Outstanding for the purpose of such selection. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture which has been or is to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemption.

Appears in 2 contracts

Samples: Indenture (Apogent Technologies Inc), Indenture (Apogent Technologies Inc)

Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, the particular Debentures to be redeemed shall be selected not more than 45 60 days prior to the Redemption Date by the Trustee Trustee, from the Outstanding Debentures not previously called for redemption, by lot pro rata or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstandingany Debenture, provided that the unredeemed portion of the principal amount of the Debentures any Debenture shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) for such Debenture. If less than all the DebenturesDebentures are to be redeemed, the particular Debentures to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debentures of such specified tenor not previously called for redemption in accordance with the preceding sentence. The Trustee shall promptly notify the Company in writing of the Debentures selected for partial redemption and 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 Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture which has been or is to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemption.

Appears in 2 contracts

Samples: Indenture (Caremark Rx Inc), Indenture (Gentiva Health Services Inc)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemedredeemed or purchased in an offer to purchase at any time, the Trustee shall select the Debentures to be redeemed or purchased among the Holders of the Debentures in compliance with the requirements of the principal national securities exchange, if any, on which the Debentures are listed or, if the Debentures are not so listed, on a pro rata basis, by lot or in accordance with any other method the Trustee considers fair and appropriate. In the event of partial redemption by lot, the particular Debentures to be redeemed shall be selected selected, unless otherwise provided herein, not less than 30 nor more than 45 60 days prior to the Redemption Date redemption date by the Trustee from the Outstanding outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and 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 Debentures and portions of Debentures selected shall relate, be in the case amounts of any Debenture redeemed $1,000 or to be redeemed only in part, to the portion whole multiples of $1,000; except that if all of the principal amount Debentures of such Debenture which has been or is a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder, even if not a multiple of $1,000, shall be redeemed. If the Company shall so direct, Debentures registered Except as provided in the name preceding sentence, provisions of the Company, any Affiliate or any Subsidiary thereof shall not be included in the this Indenture that apply to Debentures selected called for redemption also apply to portions of Debentures called for redemption.

Appears in 2 contracts

Samples: Indenture (Finlay Enterprises Inc /De), Indenture (Finlay Enterprises Inc /De)

Selection of Debentures to be Redeemed. If less than all -------------------------------------- the Debentures are to be redeemed, the particular Debentures to be redeemed shall be selected not more than 45 days prior to the Redemption Date by the Trustee from the Outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of -------- the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for partial redemption and 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 Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture which has been or is to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemption.

Appears in 1 contract

Samples: Indenture (Alcoa Inc)

Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, the particular Debentures to be redeemed shall be selected not more than 45 days prior to the Redemption Date by the Trustee from the Outstanding Debentures not previously called for redemption, pro rata, by lot or by such other method as the Trustee shall deem fair and appropriate (subject to the rules of the Depositary) and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of -------- the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for partial redemption and 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 Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture which has been or is to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemption.

Appears in 1 contract

Samples: Indenture (United Rentals Inc /De)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemedredeemed or purchased in an offer to purchase at any time, the Trustee shall select the Debentures to be redeemed or purchased among the Holders of the Debentures in compliance with the requirements of the principal national securities exchange, if any, on which the Debentures are listed or, if the Debentures are not so listed, on a PRO RATA basis, by lot or in accordance with any other method the Trustee considers fair and appropriate. In the event of partial redemption by lot, the particular Debentures to be redeemed shall be selected selected, unless otherwise provided herein, not less than 30 nor more than 45 60 days prior to the Redemption Date redemption date by the Trustee from the Outstanding outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company Issuers in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and 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 Debentures and portions of Debentures selected shall relate, be in the case amounts of any Debenture redeemed $1,000 or to be redeemed only in part, to the portion whole multiples of $1,000; except that if all of the principal amount Debentures of such Debenture which has been or is a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder, even if not a multiple of $1,000, shall be redeemed. If the Company shall so direct, Debentures registered Except as provided in the name preceding sentence, provisions of the Company, any Affiliate or any Subsidiary thereof shall not be included in the this Indenture that apply to Debentures selected called for redemption also apply to portions of Debentures called for redemption.

Appears in 1 contract

Samples: Indenture (Grove Investors Capital Inc)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemedredeemed or purchased in an offer to purchase at any time, the Trustee shall select the Debentures to be redeemed or purchased among the Holders of the Debentures in compliance with the requirements of the principal national securities exchange, if any, on which the Debentures are listed or, if the Debentures are not so listed, on a pro rata basis, provided that no Debentures having a principal amount at maturity of $1,000 or less shall be redeemed in part. In the event of partial redemption by lot, the particular Debentures to be redeemed shall be selected selected, unless otherwise provided herein, not less than 30 nor more than 45 60 days prior to the Redemption Date redemption date by the Trustee from the Outstanding outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company Holding in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and 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 Debentures and portions of Debentures selected shall relate, be in the case amounts of any Debenture redeemed $1,000 or to be redeemed only in part, to the portion whole multiples of $1,000; except that if all of the principal amount Debentures of such Debenture which has been or is a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder, even if not a multiple of $1,000, shall be redeemed. If the Company shall so direct, Debentures registered Except as provided in the name preceding sentence, provisions of the Company, any Affiliate or any Subsidiary thereof shall not be included in the this Indenture that apply to Debentures selected called for redemption also apply to portions of Debentures called for redemption.

Appears in 1 contract

Samples: Indenture (Aki Inc)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemed, the Trustee shall select the Debentures to be redeemed among the Holders of the Debentures pro rata or in accordance with a method the Trustee considers fair and appropriate (and in such manner as complies with applicable legal and stock exchange requirements, if any), including by lot. In the event of partial redemption by lot, the particular Debentures to be redeemed shall be selected selected, unless otherwise provided herein, not less than thirty (30) nor more than 45 sixty (60) days prior to the Redemption Date redemption date by the Trustee from the Outstanding outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and redemption, the principal amount thereof to be redeemed. For Debentures and portions of them selected shall be in amounts of $5,000 or whole multiples of $5,000; except that if all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount Debentures of such Debenture which has been or is a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder shall be redeemed. If the Company shall so direct, Debentures registered Except as provided in the name preceding sentence, provisions of the Company, any Affiliate or any Subsidiary thereof shall not be included in the this Indenture that apply to Debentures selected called for redemption also apply to portions of Debentures called for redemption.

Appears in 1 contract

Samples: Indenture (Republic Bancshares Inc)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemedredeemed or purchased in an offer to purchase at any time, the particular Trustee shall select the Debentures to be redeemed shall be selected or purchased among the Holders in compliance with the requirements of the principal national securities exchange, if any, on which the Debentures are listed or, if the Debentures are not more than 45 days prior to the Redemption Date by the Trustee from the Outstanding Debentures not previously called for redemptionso listed, on a pro rata basis, by lot or by such in accordance with any other method as the Trustee shall deem considers fair and appropriate and which may provide for in accordance with methods generally used at the time of selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be by fiduciaries in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debenturessimilar circumstances. The Trustee shall promptly notify the Company in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and 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 Debentures and portions of Debentures selected shall relate, be in the case amounts of any Debenture redeemed $1,000 or to be redeemed only in part, to the portion whole multiples of $1,000; except that if all of the principal amount Debentures of such Debenture which has been or is a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder, even if not a multiple of $1,000, shall be redeemed. If the Company shall so direct, Debentures registered Except as provided in the name preceding sentence, provisions of the Company, any Affiliate or any Subsidiary thereof shall not be included in the this Indenture that apply to Debentures selected called for redemption also apply to portions of Debentures called for redemption.

Appears in 1 contract

Samples: Indenture (Grove Holdings Inc)

Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, the particular Debentures to be redeemed shall be selected not more than 45 days prior to the Redemption Date by the Trustee from the Outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided PROVIDED that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for partial redemption and 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 Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture which has been or is to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemption.

Appears in 1 contract

Samples: Junior Convertible Subordinated Indenture (Dura Automotive Systems Inc)

Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, the particular Debentures to be redeemed shall be selected not more than 45 days prior to the Redemption Date by the Trustee from the Outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided PROVIDED that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for partial redemption and the principal amount thereof to be redeemed. For all purposes of this Subordinated Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture which has been or is to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemption.

Appears in 1 contract

Samples: Junior Convertible Subordinated Indenture (Tower Automotive Inc)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemedredeemed at any time, the Trustee shall select the Debentures to be redeemed among the Holders of the Debentures in compliance with the requirements of the principal national securities exchange, if any, on which the Debentures are listed or, if the Debentures are not so listed, on a pro rata basis, by lot or in accordance with any other method the Trustee considers fair and appropriate. In the event of partial redemption by lot, the particular Debentures to be redeemed shall be selected selected, unless otherwise provided herein, not less than 30 nor more than 45 60 days prior to the Redemption Date redemption date by the Trustee from the Outstanding outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and redemption, the principal amount thereof to be redeemed. For all purposes Debentures and portions of Debentures selected shall be in amounts of $1,000 or whole multiples of $1,000. Provisions of this Indenture, unless the context otherwise requires, all provisions relating Indenture that apply to the Debentures called for redemption also apply to portions of Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture which has been or is to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected called for redemption.

Appears in 1 contract

Samples: Indenture (Greyhound Lines Inc)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemed, the particular Trustee shall select the Debentures to be redeemed shall be selected among the Holders of the Debentures in compliance with the requirements of the principal national securities exchange, if any, on which the Debentures are listed or, if the Debentures are not more than 45 days prior to the Redemption Date by the Trustee from the Outstanding Debentures not previously called for redemptionso listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for appropriate. In the event of partial redemption by lot, the Trustee shall make the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than 30 nor more than 60 days prior to the minimum authorized denomination) redemption date from the outstanding Debentures not previously called for the Debenturesredemption. The Trustee shall promptly notify the Company in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and redemption, the portion of the principal amount thereof to be redeemed. For all purposes Debentures and portions of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debentures shall relate, in the case of any Debenture redeemed or them selected to be redeemed only shall be in part, to the portion principal amounts of $1,000 or whole multiples of $1,000; except that if all of the principal amount Debentures of such Debenture which has been or is a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder, even if not a multiple of $1,000, shall be redeemed. If the Company shall so direct, Debentures registered Except as provided in the name preceding sentence, provisions of the Company, any Affiliate or any Subsidiary thereof shall not be included in the this Indenture that apply to Debentures selected called for redemption also apply to portions of Debentures called for redemption.

Appears in 1 contract

Samples: Indenture (Auto Marketing Network Inc)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemedredeemed or purchased in an offer to purchase at any time, the Trustee shall select the Debentures to be redeemed or purchased among the Holders of the Debentures by lot, or on a pro rata basis, or another method the Trustee considers fair and appropriate. In the event of partial redemption by lot, the particular Debentures to be redeemed shall be selected selected, unless otherwise provided herein, not less than 30 nor more than 45 60 days prior to the Redemption Date redemption date by the Trustee from the Outstanding outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and redemption, the principal amount thereof to be redeemed. For Debentures and portions of Debentures selected shall be in principal amounts of $1,000 or integral multiples of $1,000; except that if all purposes of the Debentures of a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder, even if not a multiple of $1,000, shall be redeemed. Except as provided in the preceding sentence, provisions of this Indenture, unless the context otherwise requires, all provisions relating Indenture that apply to the Debentures called for redemption also apply to portions of Debentures shall relate, in the case of called for redemption. If any Debenture redeemed or to be redeemed only selected for partial redemption is converted in part, part before termination of the conversion right with respect to the portion of the principal amount Debenture so selected, the converted portion of such Debenture which has been or is shall be deemed (so far as possible) to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures portion selected for redemption. Debentures that have been converted during a section of Debentures to be redeemed may be treated by the Trustee as outstanding for the purpose of such selection.

Appears in 1 contract

Samples: Indenture (Grey Global Group Inc)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemedredeemed at any time, the particular selection of Debentures to for redemption will be redeemed shall be selected not more than 45 days prior to the Redemption Date made by the Trustee from in compliance with the Outstanding requirements of the principal national securities exchange, if any, on which the Debentures are listed, or, if the Debentures are not previously called for redemptionso listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of appropriate; provided that no Debentures having a portion of the principal amount at maturity of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures $1,000 or less shall be redeemed in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debenturespart. The Trustee shall promptly notify the Company Issuer in writing of the Debentures selected for partial redemption and 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 Debentures shall relateand, in the case of any Debenture redeemed or to be redeemed only in partselected for partial redemption, to the portion of the principal amount of such Debenture which has been or is at maturity thereof to be redeemed. If Debentures and portions of Debentures selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Company Debentures of a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder, even if not a multiple of $1,000, shall so direct, Debentures registered be redeemed. Except as provided in the name preceding sentence, provisions of the Company, any Affiliate or any Subsidiary thereof shall not be included in the this Indenture that apply to Debentures selected called for redemption also apply to portions of Debentures called for redemption.

Appears in 1 contract

Samples: Indenture (Thermadyne Holdings Corp /De)

Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, the particular Debentures to be redeemed shall be selected not more than 45 days prior to the Redemption Date by the Trustee from the Outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company Issuer in writing of the Debentures selected for partial redemption and 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 Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture which has been or is to be redeemed. If the Company Issuer shall so direct, Debentures registered in the name of the CompanyIssuer, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemption.

Appears in 1 contract

Samples: First Supplemental Indenture (CMS Energy Trust Ii)

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Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemed, the Trustee shall select the Debentures to be redeemed among the Holders of the Debentures pro rata or in accordance with a method the Trustee considers fair and appropriate (and in such manner as complies with applicable legal and stock exchange requirements, if any). In the event of partial redemption by lot, the particular Debentures to be redeemed shall be selected selected, unless otherwise provided herein, not less than thirty (30) nor more than 45 sixty (60) days prior to the Redemption Date redemption date by the Trustee from the Outstanding outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and redemption, the principal amount thereof to be redeemed. For Debentures and portions of them selected shall be in amounts of $5,000 or whole multiples of $5,000; except that if all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount Debentures of such Debenture which has been or is a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder shall be redeemed. If the Company shall so direct, Debentures registered Except as provided in the name preceding sentence, provisions of the Company, any Affiliate or any Subsidiary thereof shall not be included in the this Indenture that apply to Debentures selected called for redemption also apply to portions of Debentures called for redemption.

Appears in 1 contract

Samples: Indenture (Republic Bancshares Inc)

Selection of Debentures to be Redeemed. If less than -------------------------------------- all of the Debentures are to be redeemedredeemed at any time, the particular Trustee shall select the Debentures to be redeemed shall be selected not more than 45 days prior in compliance with the requirements, as certified to the Redemption Date it by the Trustee from Company, of the Outstanding principal national securities exchange, if any, on which the Debentures are listed or, if the 38 Debentures are not previously called for redemptionlisted on a national securities exchange, on a pro rata basis, by lot or by such other method as the Trustee in its sole discretion shall deem fair and appropriate and which may provide for the selection for redemption appropriate; provided that no Debentures of a portion of the $1,000 in principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures or less shall be redeemed in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debenturespart. The Trustee shall promptly make the selection from the Debentures outstanding and not previously called for redemption. Debentures in denominations of $1,000 in principal amount may only be redeemed in whole. The Trustee may select for redemption portions (equal to $1,000 in principal amount or any integral multiple thereof) of Debentures that have denominations larger than $1,000 in principal amount. Provisions of this Indenture that apply to Debentures called for redemption also apply to portions of Debentures called for redemption. The Trustee shall notify the Company and the Registrar promptly in writing of the Debentures selected for partial redemption and the principal amount thereof or portions of Debentures to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture which has been or is to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected called for redemption.

Appears in 1 contract

Samples: Indenture (Silgan Holdings Inc)

Selection of Debentures to be Redeemed. If less fewer than all the Debentures are to be redeemed, the Trustee shall select the particular Debentures to be redeemed shall be selected not more than 45 days prior to the Redemption Date by the Trustee from the Outstanding Debentures by a method that complies with the requirements of any exchange on which the Debentures are listed, or, if the Debentures are not previously called for redemptionlisted on an exchange, on a pro rata basis or by lot or by such in accordance with any other method as the Trustee shall deem considers fair and appropriate appropriate. Debentures and which may provide portions thereof that the Trustee selects shall be in amounts equal to the minimum authorized denominations for Debentures to be redeemed or any integral multiple thereof. If any Debenture selected for partial redemption is converted in part before termination of the selection for redemption of a conversion right with respect to the portion of the principal amount Debentures so selected, the converted portion of such Debenture shall be deemed to be the Debentures Outstandingportion selected for redemption (provided, provided however, that the unredeemed portion Holder of the principal amount of the Debentures be in an authorized denomination (which such Debenture so converted and deemed redeemed shall not be less entitled to any additional interest payment as a result of such deemed redemption than such Holder would have otherwise been entitled to receive upon conversion of such Debenture). Debentures which have been converted during a selection of Debentures to be redeemed may be treated by the minimum authorized denomination) Trustee as Outstanding for the Debenturespurpose of such selection. The Trustee shall promptly notify the Company and the Registrar in writing of the Debentures selected for redemption and, in the case of any Debentures selected for partial redemption and 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 Debentures shall relate, in the case of any Debenture Debentures redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture Debentures which has been or is to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemption.

Appears in 1 contract

Samples: Indenture (Primus Telecommunications Group Inc)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemed, the Trustee shall select the Debentures to be redeemed among the Holders of the Debentures pro rata or in accordance with a method the Trustee considers fair and appropriate (and in such manner as complies with applicable legal and stock exchange requirements, if any). In the event of partial redemption by lot, the particular Debentures to be redeemed shall be selected selected, unless otherwise provided herein, not less than thirty (30) nor more than 45 sixty (60) days prior to the Redemption Date redemption date by the Trustee from the Outstanding outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and redemption, the principal amount thereof to be redeemed. For Debentures and portions of them selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all purposes of the Debentures of a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder shall be redeemed. Except as provided in the preceding sentence, provisions of this Indenture, unless the context otherwise requires, all provisions relating Indenture that apply to the Debentures called for redemption also apply to portions of Debentures called for redemption. The provisions of the two preceding paragraphs of this Section 12.4 shall relatenot apply with respect to any redemption affecting only a Global Debenture, whether such Global Debenture is to be redeemed in the whole or in part. In case of any Debenture redeemed or to be redeemed only such redemption in part, to the unredeemed portion of the principal amount of such the Global Debenture which has been or is to shall be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemptionan authorized denomination.

Appears in 1 contract

Samples: Indenture (Bankatlantic Bancorp Inc)

Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, the particular Debentures to be redeemed shall be selected not more than 45 days prior to the Redemption Date by the Trustee from the Outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided PROVIDED that the unredeemed portion of the principal amount of the 60 Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for partial redemption and 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 Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture which has been or is to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemption.

Appears in 1 contract

Samples: Junior Convertible Subordinated Indenture (Dayton Superior Capital Trust)

Selection of Debentures to be Redeemed. If less fewer than all the Debentures are to be redeemed, the Trustee shall select the particular Debentures to be redeemed shall be selected not more than 45 days prior to the Redemption Date by the Trustee from the Outstanding Debentures by a method that complies with the requirements of any exchange on which the Debentures are listed, or, if the Debentures are not previously called for redemptionlisted on an exchange, on a pro rata basis or by lot or by such in accordance with any other method as the Trustee shall deem considers fair and appropriate and which appropriate. The Trustee may provide for the selection select for redemption of a portion portions of the principal amount of the Debentures Outstanding, provided that have denominations larger than $1,000. Debentures and portions thereof that the unredeemed portion Trustee selects shall be in principal amounts in integral multiples of $1,000. Provisions of this Indenture that apply to Securities called for redemption also apply to portions of Debentures called for redemption. The Trustee shall notify the principal amount Company promptly of the Debentures or portions of Debentures to be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debenturesredeemed. The Trustee shall promptly notify the Company and the Registrar in writing of the Debentures selected for redemption and, in the case of any Debentures selected for partial redemption and redemption, the principal amount thereof to be redeemed. If any Debenture selected for partial redemption is converted or elected to be purchased in part before termination of the conversion right or repurchase right with respect to the portion of the Debenture so selected, the converted or purchased portion of such Debenture shall be deemed to be the portion selected for redemption; provided, however, that the Holder of such Debenture so converted or purchased and deemed redeemed shall not be entitled to any additional interest payment as a result of such deemed redemption than such Holder would have otherwise been entitled to receive upon conversion or purchase of such Debenture subject to Section 2.1(f). Debentures which have been converted or purchased during a selection of Debentures to be redeemed may be treated by the Trustee as Outstanding for the purpose of such selection. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture which has been or is to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemption.

Appears in 1 contract

Samples: Indenture (Apogent Technologies Inc)

Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, the particular Debentures to be redeemed shall be selected not more than 45 60 days prior to the Redemption Date by the Trustee from the Outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for partial redemption and 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 Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debenture which has been or is to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemption.

Appears in 1 contract

Samples: Junior Convertible Subordinated Indenture (Newfield Exploration Co /De/)

Selection of Debentures to be Redeemed. If less fewer than all of the Debentures are to be redeemed, selection of the particular Debentures to be redeemed shall will be selected not more than 45 days prior to the Redemption Date made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Debentures are listed or, if the Debentures are not then listed on a national securities exchange, on a pro rata basis, by lot or in such other fair and reasonable manner chosen at the discretion of the Trustee; provided, however, that if a partial redemption is made with the proceeds of a Public Equity Offering, selection of the Debentures or portion thereof for redemption shall be made by the Trustee only on a pro rata basis or on as nearly a pro rata basis as practicable (subject to the Depository's procedures), unless such method is otherwise prohibited. The Company shall promptly notify the Trustee and the Paying Agent in writing of the date of listing and the name of the securities exchange if and when the Debentures are listed on a principal national securities exchange. The Trustee shall make the selection from the Outstanding Debentures outstanding and not previously called for redemption, by lot or by such other method as the Trustee shall deem fair redemption and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and redemption, the principal amount thereof to be redeemed. For all purposes Debentures in denominations of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debentures shall relate, in the case of any Debenture redeemed $1,000 or to less may be redeemed only in part, whole. The Trustee may select for redemption portions (equal to the portion $1,000 or any integral multiple thereof) of the principal amount of such Debenture which has been Debentures that have denominations larger than $1,000. Provisions of this Indenture that apply to Debentures called for redemption also apply to portions of Debentures called for redemption. On and after the date of redemption, interest will cease to accrue on the Debentures or is to be redeemed. If portions thereof called for redemption as long as the Company shall so direct, Debentures registered has deposited with the Paying Agent funds in the name satisfaction of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemptionapplicable redemption price pursuant to this Indenture.

Appears in 1 contract

Samples: Indenture (MTL Inc)

Selection of Debentures to be Redeemed. If less than all of the Senior Debentures or Senior Discount Debentures are to be redeemedredeemed or purchased in an Offer to Purchase at any time, the particular Trustee shall select the Senior Debentures and Senior Discount Debentures to be redeemed shall be selected or purchased among the holders of the Senior Debentures and Senior Discount Debentures in compliance with the requirements of the principal national securities exchange, if any, on which such Debentures are listed or, if such Debentures are not more than 45 days prior to the Redemption Date by the Trustee from the Outstanding Debentures not previously called for redemptionso listed, by lot or by such other method as the Trustee in its sole discretion shall deem fair and appropriate and which may provide for appropriate. In the selection for event of partial redemption of a portion of by lot, the principal amount of the particular Debentures Outstandingto be redeemed shall be selected, unless otherwise provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall herein, not be less than 30 nor more than 60 days prior to the minimum authorized denomination) redemption date by the Trustee from the outstanding Debentures not previously called for the Debenturesredemption. The Trustee shall promptly notify the Company Issuers in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and 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 Debentures and portions of Debentures selected shall relate, be in the case amounts of any Debenture redeemed $1,000 or to be redeemed only in part, to the portion whole multiples of $1,000; except that if all of the principal amount Senior Debentures or Senior Discount Debentures of such Debenture which has been or is a Holder are to be redeemed, the entire outstanding amount of Senior Debentures or Senior Discount Debentures, as applicable, held by such Holder, even if not a multiple of $1,000, shall be redeemed. If the Company shall so direct, Debentures registered Except as provided in the name preceding sentence, provisions of the Company, any Affiliate or any Subsidiary thereof shall not be included in the this Indenture that apply to Debentures selected called for redemption also apply to portions of Debentures called for redemption.

Appears in 1 contract

Samples: Indenture (Falcon Funding Corp)

Selection of Debentures to be Redeemed. If less fewer than all of the Debentures are to be redeemed, selection of the particular Debentures to be redeemed shall will be selected not more than 45 days prior to the Redemption Date made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Debentures are listed or, if the Debentures are not then listed on a national securities exchange, on a pro rata basis, by lot or in such other fair and reasonable manner chosen at the discretion of the Trustee; provided, however, that if a partial redemption is made with the proceeds of a Public Equity Offering pursuant to Section 3.07(b), selection of the Debentures or portion thereof for redemption shall be made by the Trustee only on a pro rata basis, unless such method is otherwise prohibited. The Company shall promptly notify the Trustee and the Paying Agent in writing of the date of listing and the name of the securities exchange if and when the Debentures are listed on a principal national securities exchange. The Trustee shall make the selection from the Outstanding Debentures outstanding and not previously called for redemption, by lot or by such other method as the Trustee shall deem fair redemption and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for partial redemption and 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 Debentures shall relateand, in the case of any Debenture redeemed or selected for partial redemption, the principal amount at maturity thereof to be redeemed. Debentures in denominations of $1,000 principal amount at maturity may be redeemed only in part, whole. The Trustee may select for redemption portions (equal to the portion $1,000 or any integral multiple thereof) of the principal amount at maturity of such Debentures that have denominations larger than $1,000 principal amount at maturity. Provisions of this Debenture which has been or is Indenture that apply to be redeemed. If the Company shall so direct, Debentures registered in the name called for redemption also apply to portions of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected called for redemption.

Appears in 1 contract

Samples: Debenture Indenture (Wec Co)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemed, the Trustee shall select the Debentures to be redeemed among the Holders of the Debentures pro rata or in accordance with a method the Trustee considers fair and appropriate (and in such manner as complies with applicable legal and stock exchange requirements, if any). In the event of partial redemption by lot, the particular Debentures to be redeemed shall be selected selected, unless otherwise provided herein, not less than thirty (30) nor more than 45 sixty (60) days prior to the Redemption Date redemption date by the Trustee from the Outstanding outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and redemption, the principal amount thereof to be redeemed. For Debentures and portions of them selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount Debentures of such Debenture which has been or is a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder shall be redeemed. If the Company shall so direct, Debentures registered Except as provided in the name preceding sentence, provisions of the Company, any Affiliate or any Subsidiary thereof shall not be included in the this Indenture that apply to Debentures selected called for redemption also apply to portions of Debentures called for redemption.

Appears in 1 contract

Samples: Indenture (Republic Bancshares Inc)

Selection of Debentures to be Redeemed. If Unless otherwise specified as contemplated by this Supplemental Indenture, if less than all of the Debentures of a series with the same terms are to be redeemed, the particular Debentures to be redeemed shall be selected Trustee, not more than 45 days prior to the Redemption Date by redemption date shall select the Trustee from the Outstanding Debentures not previously called for redemptionto be redeemed, by lot or by in accordance with DTC’s customary policies and procedures or, with respect to certificated Debentures, in such other method manner as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstandingany Debenture, provided that the unredeemed portion of the principal amount of the Debentures any Debenture shall be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures). The Trustee shall promptly notify the Company in writing of the Debentures selected for partial redemption and 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 Debentures shall relateand, in the case of any Debenture redeemed or to be redeemed only in partDebentures selected for partial redemption, to the portion of the principal amount of such Debenture which has been or is thereof to be redeemed. If the Company shall so direct, Debentures registered in the name of the Company, any Affiliate or any Subsidiary thereof shall not be included in the Debentures selected for redemption. If less than all the Debentures with differing issue dates, interest rates and stated maturities are to be redeemed, the Company in its sole discretion shall select the particular Debenture to be redeemed and shall notify the Trustee in writing thereof at least 45 days prior to the relevant redemption date. For purposes of this Supplemental Indenture, unless the context otherwise requires, all provisions relating to the redemption of the Debentures shall relate, in the case of any Debenture redeemed or to be redeemed only in part, to the portion of the principal amount of such Debentures which has been or is to be redeemed.

Appears in 1 contract

Samples: Supplemental Indenture (Protective Life Corp)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemedredeemed or purchased in an offer to purchase at any time, the Trustee shall select the Debentures to be redeemed or purchased among the Holders of the Debentures in compliance with the requirements of the principal national securities exchange, if any, on which the Debentures are listed or, if the Debentures are not so listed, on a pro rata basis, by lot or in accordance with any other method the Trustee shall deem fair and appropriate; provided that no Debentures of $1,000 or less shall be redeemed in part. In the event of partial redemption by lot, the particular Debentures to be redeemed shall be selected selected, unless otherwise provided herein, not less than 30 nor more than 45 60 days prior to the Redemption Date redemption date by the Trustee from the Outstanding outstanding Debentures not previously called for redemption, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of a portion of the principal amount of the Debentures Outstanding, provided that the unredeemed portion of the principal amount of the Debentures be in an authorized denomination (which shall not be less than the minimum authorized denomination) for the Debentures. The Trustee shall promptly notify the Company in writing of the Debentures selected for redemption and, in the case of any Debenture selected for partial redemption and 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 Debentures and portions of Debentures selected shall relate, be in the case amounts of any Debenture redeemed $1,000 or to be redeemed only in part, to the portion whole multiples of $1,000; except that if all of the principal amount Debentures of such Debenture which has been or is a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder, even if not a multiple of $1,000, shall be redeemed. If the Company shall so direct, Debentures registered Except as provided in the name preceding sentence, provisions of the Company, any Affiliate or any Subsidiary thereof shall not be included in the this Indenture that apply to Debentures selected called for redemption also apply to portions of Debentures called for redemption.

Appears in 1 contract

Samples: Exchange Indenture (Crown Castle International Corp)

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