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, unless the 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 make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Debentures not previously called for redemption. The Trustee may select for redemption portions of the principal amount at maturity of Debentures that have denominations larger than $1,000. Debentures and portions of Debentures that the Trustee selects shall be in principal amounts at maturity of $1,000 or an integral multiple 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 Company promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may be) to be the 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: Indenture (International Paper Co /New/), Indenture (International Paper Co /New/)

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Selection of Debentures to be Redeemed. If less fewer than all the Debentures are to be redeemed, unless the procedures of the Depositary provide otherwise, the Trustee shall select the particular Debentures to be redeemed from the Outstanding Debentures by lota method that complies with the requirements of any exchange on which the Debentures are listed, or, if the Debentures are not listed on an exchange, on a pro rata basis or by another lot or in accordance with any other 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 make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Debentures not previously called for redemptionappropriate. The Trustee may select for redemption portions of the principal amount at maturity of Debentures that have denominations larger than $1,000. Debentures and portions of Debentures thereof that the Trustee selects shall be in principal amounts at maturity of $1,000 or an in integral multiple 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 Company promptly of the Debentures or portions of Debentures to be redeemed. 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, 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 (so far as may be) 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 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.

Appears in 2 contracts

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

Selection of Debentures to be Redeemed. If less fewer than all the Debentures are to be redeemed, unless the 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 lot or by a method that complies with applicable legal and securities exchange requirements, if any, and that the Trustee considers fair appropriate and appropriate (so long as such method is not prohibited in accordance with methods generally used at the time of selection by the rules of any stock exchange on which the Debentures are then listed)trustees in similar circumstances. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Debentures not previously called for redemption. The Trustee may select for redemption portions of the principal amount at maturity of Debentures that have denominations larger than $1,000. Debentures and portions of Debentures that the Trustee selects shall be in principal amounts at maturity of $1,000 or an integral a whole multiple 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 Company as promptly as practicable of the Debentures or portions of the Debentures to be redeemed. Debentures and portions of Debentures that are to be redeemed are convertible, pursuant to this Article 3, by the holder thereof until the close of business one Business Day prior to the Redemption Date. If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may be) to be from the portion selected for redemption. Debentures which that 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 1 contract

Samples: Blackrock Inc /Ny

Selection of Debentures to be Redeemed. If less fewer than all of the Debentures are to be redeemed, unless the procedures selection of the Depositary provide otherwise, the Trustee shall select the Debentures to be redeemed will be made by lotthe 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 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 another method the Trustee considers fair and appropriate (so long as only on a pro rata basis, unless such method is not prohibited by otherwise prohibited. The Company shall promptly notify the rules Trustee and the Paying Agent in writing of any stock the date of listing and the name of the securities exchange on which if and when the Debentures are then listed)listed on a principal national securities exchange. The Trustee shall make the selection at least 30 days but not more than 60 days before from the Redemption Date from Debentures outstanding Debentures and not previously called for redemption and shall promptly notify the Company in writing of the Debentures selected for redemption and, in the case of any Debenture 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 whole. The Trustee may select for redemption portions (equal to $1,000 or any integral multiple thereof) of the principal amount at maturity of Debentures that have denominations larger than $1,000. Debentures and portions of Debentures that the Trustee selects shall be in 1,000 principal amounts amount at maturity of $1,000 or an integral multiple of $1,000maturity. Provisions of this Debenture Indenture that apply to Debentures called for redemption also apply to portions of Debentures called for redemption. The Trustee shall notify the Company promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may be) to be the 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 1 contract

Samples: Wec Co

Selection of Debentures to be Redeemed. If less fewer than all the Debentures are to be redeemed, unless the 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 lot or by a 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)appropriate. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Debentures not previously called for redemption. The Trustee may select for redemption portions of the principal amount at maturity of Debentures that have denominations larger than $1,000. Debentures and portions of Debentures those that the Trustee selects shall be in principal amounts at maturity Stated Maturity of $1,000 or an integral multiple of $1,000. Provisions of this Second Supplemental Indenture that apply to Debentures called for redemption also apply to portions of Debentures called for redemption. The Trustee shall notify the Company promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted thereafter exchanged in part before termination of the conversion right with respect for Exchange Property pursuant to the portion of the Debenture so selectedArticle Five hereof, the converted exchanged portion of such Debenture shall be deemed (so far as may be) to be the portion selected for redemption. Debentures which have been converted during a selection exchanged after notice of Debentures to be redeemed redemption has been given by the Company may be treated by the Trustee as outstanding Outstanding for the purpose of such selection.

Appears in 1 contract

Samples: Eastman Kodak Co

Selection of Debentures to be Redeemed. If less than all of the Senior Debentures or Senior Discount Debentures are to be redeemed, unless the procedures of the Depositary provide otherwiseredeemed or purchased in an Offer to Purchase at any time, the Trustee shall select the Senior Debentures and Senior Discount Debentures to be redeemed 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 so listed, by lot or by such other method as the Trustee in its sole discretion shall deem fair and appropriate. In the event of partial redemption by lot, on a pro rata basis or by another method the Trustee considers fair and appropriate (so long as such method is particular Debentures to be redeemed shall be selected, unless otherwise provided herein, not prohibited by the rules of any stock exchange on which the Debentures are then listed). The Trustee shall make the selection at least less than 30 days but not nor more than 60 days before prior to the Redemption Date redemption date by the Trustee from the outstanding Debentures not previously called for redemption. The Trustee may select shall promptly notify the Issuers in writing of the Debentures selected for redemption portions and, in the case of any Debenture selected for partial redemption, the principal amount at maturity of Debentures that have denominations larger than $1,000thereof to be redeemed. Debentures and portions of Debentures that the Trustee selects selected shall be in principal amounts at maturity of $1,000 or an integral whole multiples of $1,000; except that if all of the Senior Debentures or Senior Discount Debentures of 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. Provisions Except as provided in the preceding sentence, 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 promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may be) to be the 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 1 contract

Samples: Falcon Funding Corp

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemed, unless the procedures of the Depositary provide otherwise, the Trustee shall select the Debentures to be redeemed by lot, on a among the Holders of the Debentures pro rata basis or by another in accordance with a method the Trustee considers fair and appropriate (so long and in such manner as such method is 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, unless otherwise provided herein, not prohibited less than thirty (30) nor more than sixty (60) days prior to the redemption date by the rules of any stock exchange on which Trustee from the Debentures are then listed). The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Debentures not previously called for redemption. The Trustee may select shall promptly notify the Company in writing of the Debentures selected for redemption portions and, in the case of any Debenture selected for partial redemption, the principal amount at maturity of Debentures that have denominations larger than $1,000thereof to be redeemed. Debentures and portions of Debentures that the Trustee selects them selected shall be in principal amounts at maturity of $1,000 5,000 or an integral multiple whole multiples of $1,0005,000; except that if all of the Debentures of a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder shall be redeemed. Provisions Except as provided in the preceding sentence, 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 promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may be) to be the 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 1 contract

Samples: Indenture (Republic Bancshares Inc)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemed, unless the procedures of the Depositary provide otherwise, the Trustee shall select the Debentures to be redeemed by lot, on a among the Holders of the Debentures pro rata basis or by another in accordance with a method the Trustee considers fair and appropriate (so long and in such manner as such method is 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, unless otherwise provided herein, not prohibited less than thirty (30) nor more than sixty (60) days prior to the redemption date by the rules of any stock exchange on which Trustee from the Debentures are then listed). The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Debentures not previously called for redemption. The Trustee may select shall promptly notify the Company in writing of the Debentures selected for redemption portions and, in the case of any Debenture selected for partial redemption, the principal amount at maturity of Debentures that have denominations larger than $1,000thereof to be redeemed. Debentures and portions of Debentures that the Trustee selects them selected shall be in principal amounts at maturity of $1,000 5,000 or an integral multiple whole multiples of $1,0005,000; except that if all of the Debentures of a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder shall be redeemed. Provisions Except as provided in the preceding sentence, 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 promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may be) to be the 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 1 contract

Samples: Indenture (Republic Bancshares Inc)

Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, unless the 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 lot or by any other 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 make the selection at least 30 20 days but not more than 60 days before the Redemption Date from outstanding Debentures not previously called for redemption. The Trustee may select for redemption portions of the principal amount at maturity of Debentures that have denominations larger than $1,000. Debentures and portions of Debentures that them the Trustee selects shall be in principal amounts at maturity of $1,000 or an integral multiple of $1,000. Provisions of this Fourth Supplemental Indenture that apply to Debentures called for redemption also apply to portions of Debentures called for redemption. The Trustee shall notify the Company Issuer in writing promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to Business Day immediately preceding the portion of the Debenture so selectedRedemption Date, the converted portion of such Debenture shall be deemed (so far as may be) to be the 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 1 contract

Samples: Fourth Supplemental Indenture (Wyeth)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemed, unless the procedures of the Depositary provide otherwiseredeemed or purchased in an offer to purchase at any time, the Trustee shall select the Debentures to be redeemed by lotor 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 so listed, on a pro rata basis basis, by lot or by another in accordance with any other method the Trustee considers fair and appropriate (so long as such method is not prohibited and in accordance with methods generally used at the time of selection by the rules of any stock exchange on which the Debentures are then listed)fiduciaries in similar circumstances. The Trustee shall make promptly notify the selection at least 30 days but not more than 60 days before Company in writing of the Redemption Date from outstanding Debentures not previously called for redemption. The Trustee may select selected for redemption portions and, in the case of any Debenture selected for partial redemption, the principal amount at maturity of Debentures that have denominations larger than $1,000thereof to be redeemed. Debentures and portions of Debentures that the Trustee selects selected shall be in principal amounts at maturity of $1,000 or an integral whole multiples of $1,000; except that if all 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. Provisions Except as provided in the preceding sentence, 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 promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may be) to be the 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 1 contract

Samples: Grove Holdings Inc

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemedredeemed at any time, unless selection of Debentures for redemption will be made by the procedures Trustee in compliance with the requirements of the Depositary provide otherwiseprincipal national securities exchange, the Trustee shall select if any, on which the Debentures to be redeemed by lotare listed, or, if the Debentures are not so listed, on a pro rata basis basis, by lot or by another such method as the Trustee considers shall deem fair and appropriate (so long as such method is not prohibited by the rules appropriate; provided that no Debentures having a principal amount at maturity of any stock exchange on which the Debentures are then listed)$1,000 or less shall be redeemed in part. The Trustee shall make promptly notify the selection at least 30 days but not more than 60 days before Issuer in writing of the Redemption Date from outstanding Debentures not previously called for redemption. The Trustee may select selected for redemption portions and, in the case of any Debenture selected for partial redemption, the principal amount at maturity of Debentures that have denominations larger than $1,000thereof to be redeemed. Debentures and portions of Debentures that the Trustee selects selected shall be in principal amounts at maturity of $1,000 or an integral whole multiples of $1,000; except that if all 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. Provisions Except as provided in the preceding sentence, 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 promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may be) to be the 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 1 contract

Samples: Thermadyne Holdings Corp /De

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Selection of Debentures to be Redeemed. If less fewer than all the Debentures are to be redeemed, the Trustee shall, upon 10 days prior notice from the Company (unless the procedures of the Depositary provide otherwiseTrustee consents to a shorter period), the Trustee shall select the Debentures to be redeemed by lot, on a pro rata basis or by another lot or by a method that otherwise complies with the applicable procedures of the Depositary and applicable legal and securities exchange requirements, if any, and that the Trustee considers fair appropriate and appropriate (so long as such method is not prohibited in accordance with methods generally used at the time of selection by the rules of any stock exchange on which the Debentures are then listed)trustees in similar circumstances. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Debentures not previously called for redemption. The Trustee may select for redemption portions of the principal amount at maturity of Debentures that have denominations larger than $1,000. Debentures and portions of Debentures that the Trustee selects shall be in principal amounts at maturity of $1,000 or an integral a whole multiple 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 Company as promptly as practicable of the Debentures or portions of the Debentures to be redeemed. Debentures and portions of Debentures that are to be redeemed, pursuant to this Article 3, are convertible by the holder thereof until the close of business one Business Day prior to the Redemption Date, as set forth in Section 15.07(a). If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may be) to be from the portion selected for redemption. Debentures which that 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 1 contract

Samples: Indenture (Lifepoint Hospitals, Inc.)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemed, unless the procedures of the Depositary provide otherwiseredeemed or purchased in an offer to purchase at any time, the Trustee shall select the Debentures to be redeemed by lotor 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 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 another method lot, the Trustee considers fair and appropriate (so long as such method is particular Debentures to be redeemed shall be selected, unless otherwise provided herein, not prohibited by the rules of any stock exchange on which the Debentures are then listed). The Trustee shall make the selection at least less than 30 days but not nor more than 60 days before prior to the Redemption Date redemption date by the Trustee from the outstanding Debentures not previously called for redemption. The Trustee may select shall promptly notify Holding in writing of the Debentures selected for redemption portions and, in the case of any Debenture selected for partial redemption, the principal amount at maturity of Debentures that have denominations larger than $1,000thereof to be redeemed. Debentures and portions of Debentures that the Trustee selects selected shall be in principal amounts at maturity of $1,000 or an integral whole multiples of $1,000; except that if all 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. Provisions Except as provided in the preceding sentence, 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 promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may be) to be the 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 1 contract

Samples: Execution (Aki Inc)

Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, unless the 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 make the selection at least 30 15 days but not more than 60 days before the Redemption Date from outstanding Debentures not previously called for redemption. The Trustee may select for redemption portions of the principal amount at maturity Principal Amount of Debentures that have denominations larger than $1,000. Debentures and portions of Debentures that them the Trustee selects shall be in principal amounts at maturity Principal Amounts of $1,000 or an integral multiple 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 Company promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may be) to be the portion selected for redemption. Debentures which that 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 1 contract

Samples: Indenture (Gtech Holdings Corp)

Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, unless the procedures of the Depositary provide otherwise, the Trustee shall select the Debentures to be redeemed by lotin compliance with the requirements of the principal national securities exchange, if any, on which the Debentures are quoted or listed or admitted to trading or, if the Debentures are not so quoted or listed or admitted to trading, on a pro rata basis basis, by lot or by another such other method that complies with applicable legal requirements and that 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)appropriate. The Trustee shall make the selection at least 30 days but not more than 60 days and not less than 30 days before the Redemption Date redemption date from Debentures outstanding Debentures and not previously called for redemption. The Trustee may select for redemption portions of the principal amount at maturity of Debentures that have denominations larger than $1,000. The Trustee will make the selection from Debentures outstanding and not previously called for redemption. Debentures and portions of Debentures that thereof selected by the Trustee selects shall be in principal amounts at maturity of $1,000 or an integral multiple multiples of $1,000. If less than all of the Debentures are to be redeemed and a Debenture is converted in accordance with Article 10 after the date on which notice of redemption is given pursuant to Section 3.3 and prior to the time and date specified in Section 3.5, such Debenture shall, for purposes of determining the amount of such Debentures which have been redeemed, be deemed to have been redeemed. 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 promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may be) to be the portion selected called 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 1 contract

Samples: Lomak Petroleum Inc

Selection of Debentures to be Redeemed. If less fewer than all of the Debentures are to be redeemed, unless the procedures Trustee shall, at least 30 days but not more than 60 days prior to the Redemption Date, select the Debentures to be redeemed by lot or, in the Trustee's discretion, on a pro rata basis; provided, however, that such method is not prohibited by any stock exchange or automated quotations system on which the Debentures are then listed or traded, and if both of the Depositary provide otherwisesuch methods are so prohibited, the Trustee shall select the Debentures to be redeemed by lot, on in a pro rata basis or by another method manner that (i) the Trustee considers fair and appropriate and (so long as such method ii) is not prohibited by the rules of any stock exchange on which the Debentures are then listed)so prohibited. The Trustee shall make the selection at least 30 days but not more than 60 days before from the Redemption Date from Debentures outstanding Debentures and not previously called for redemption. The Trustee may shall select for redemption portions of the principal amount at maturity of Debentures that have denominations larger than $1,000. Debentures and portions of Debentures that the Trustee selects shall be in principal amounts have Principal Amounts at maturity Final Maturity of $1,000 or an in integral multiple 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 Company promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted thereafter surrendered for conversion in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may be) ), solely for purposes of determining the aggregate Principal Amount of Debentures to be redeemed by the Company, to be the 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. Nothing in this Section 3.2 shall affect the right of any Holder to convert any Debenture pursuant to Article XV before the termination of the conversion right with respect thereto.

Appears in 1 contract

Samples: Whole Foods Market Inc

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemed, unless the procedures of the Depositary provide otherwiseredeemed 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 basis, or by another method the Trustee considers fair and appropriate (so long as such method is appropriate. In the event of partial redemption by lot, the particular Debentures to be redeemed shall be selected, unless otherwise provided herein, not prohibited by the rules of any stock exchange on which the Debentures are then listed). The Trustee shall make the selection at least less than 30 days but not nor more than 60 days before prior to the Redemption Date redemption date by the Trustee from the outstanding Debentures not previously called for redemption. The Trustee may select shall promptly notify the Company in writing of the Debentures selected for redemption portions and, in the case of any Debenture selected for partial redemption, the principal amount at maturity of Debentures that have denominations larger than $1,000thereof to be redeemed. Debentures and portions of Debentures that the Trustee selects selected shall be in principal amounts at maturity of $1,000 or an integral multiples of $1,000; except that if all 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. Provisions Except as provided in the preceding sentence, 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 promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may bepossible) to be the portion selected for redemption. Debentures which that have been converted during a selection 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: 2000 Loan Agreement (Grey Global Group Inc)

Selection of Debentures to be Redeemed. If less than all of the Debentures are to be redeemed, unless the procedures of the Depositary provide otherwise, the Trustee shall select the Debentures to be redeemed by lot, on a among the Holders of the Debentures pro rata basis or by another in accordance with a method the Trustee considers fair and appropriate (so long and in such manner as such method is 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, unless otherwise provided herein, not prohibited less than thirty (30) nor more than sixty (60) days prior to the redemption date by the rules of any stock exchange on which Trustee from the Debentures are then listed). The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Debentures not previously called for redemption. The Trustee may select shall promptly notify the Company in writing of the Debentures selected for redemption portions and, in the case of any Debenture selected for partial redemption, the principal amount at maturity of Debentures that have denominations larger than $1,000thereof to be redeemed. Debentures and portions of Debentures that the Trustee selects them selected shall be in principal amounts at maturity of $1,000 or an integral multiple whole multiples of $1,000; except that if all of the Debentures of a Holder are to be redeemed, the entire outstanding amount of Debentures held by such Holder shall be redeemed. Provisions Except as provided in the preceding sentence, 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 promptly of the Debentures or portions of the Debentures to be redeemed. If any Debenture selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debenture so selected, the converted portion of such Debenture shall be deemed (so far as may be) to be the 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 1 contract

Samples: Indenture (Republic Bancshares Inc)

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