Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, the Trustee shall select the Debentures to be redeemed by lot. The Trustee shall, not less than 45 days before the Redemption Date or such shorter time as may be mutually satisfactory to the Trustee and the Corporation, inform the Corporation in writing of those specific Debentures selected for redemption. The Trustee may select for redemption portions of the principal of Debentures that have denominations larger than $1,000. Debentures and portions of Debentures that the Trustee selects shall be in amounts of $1,000 or 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.
Appears in 2 contracts
Samples: Indenture (Delta Natural Gas Co Inc), Valley Resources Inc /Ri/
Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, the Trustee shall select the Debentures to be redeemed by lot. The Trustee shall, shall make the selection not more than 60 days and not less than 45 30 days before the Redemption Date or such shorter time as may be mutually satisfactory to the Trustee and the Corporation, inform the Corporation in writing of those specific from Debentures selected then outstanding that have not been previously called for redemption. The Trustee may select for redemption portions of the principal of Debentures that have denominations larger than $1,000. Debentures and portions of Debentures that the Trustee selects shall be in amounts of $1,000 or 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 Corporation promptly of Debentures or portions of Debentures to be called for redemption.
Appears in 2 contracts
Samples: Southwest Water Co, Southwest Water Co
Selection of Debentures to be Redeemed. If less than all the Debentures are to be redeemed, the Trustee shall select the Debentures to be redeemed by lot. The Trustee shall, not less than 45 forty-five (45) days before the Redemption Date or such shorter time as may be mutually satisfactory to the Trustee and the Corporation, inform the Corporation in writing of those specific Debentures selected for redemption. The Trustee may select for redemption portions of the principal of Debentures that have denominations larger than $1,000. Debentures and portions of Debentures that the Trustee selects shall be in amounts of $1,000 or 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.
Appears in 1 contract
Samples: Indenture (Delta Natural Gas Co Inc)