Selection of Notes for Redemption. Each redemption required by the Agreements shall be made so that the Notes then held by each Noteholder shall be redeemed in a principal amount in integral multiples of $1,000 which shall bear the same ratio, as nearly as possible, to the total principal amount being redeemed as the principal amount of Notes then held by such Noteholder shall bear to the aggregate principal amount of the Notes then outstanding.
Appears in 4 contracts
Samples: Note Purchase Agreement (System Energy Resources Inc), Note Purchase Agreement (System Energy Resources Inc), Note Purchase Agreement (System Energy Resources Inc)
Selection of Notes for Redemption. Each redemption required by the Agreements shall be made so that the Notes then held by each Noteholder shall be redeemed in a principal amount in integral multiples of $1,000 which shall bear the same ratio, as nearly as possible, to the total principal amount being redeemed as the principal amount of Notes then held by such each Noteholder shall bear to the aggregate principal amount of the Notes then outstanding.
Appears in 3 contracts
Samples: Amendatory Agreement (Entergy Arkansas Inc), Security Agreement (Entergy Arkansas Inc), Security Agreement (Arkansas Power & Light Co)
Selection of Notes for Redemption. Each redemption required by the Agreements shall be made so that the Notes then held by each Noteholder shall be redeemed in a principal amount in integral multiples of $1,000 which shall bear the same ratio, as nearly as possible, to the total principal amount being redeemed as the principal amount of the Notes then held by such each Noteholder shall bear to the aggregate principal amount of the Notes then outstanding.
Appears in 2 contracts
Samples: Note Agreement (Entergy Louisiana Inc), Note Agreement (Entergy Louisiana Inc)
Selection of Notes for Redemption. Each redemption required by the Agreements shall be made so that the Notes then held by each Noteholder shall be redeemed in a principal amount in integral multiples of $1,000 which shall bear the same ratio, as nearly as possible, to the total principal amount being redeemed as the principal amount of Notes then held by such Noteholder shall bear to the aggregate principal amount of the Notes then outstanding.. 6.7
Appears in 1 contract
Samples: Note Purchase Agreement (System Energy Resources Inc)
Selection of Notes for Redemption. Each redemption required by the Agreements this Agreement shall be made so that the Notes then held by each Noteholder shall be redeemed in a principal amount in integral multiples of $1,000 which shall bear the same ratio, as nearly as possible, to the total principal amount being redeemed as the principal amount of the Notes then held by such each Noteholder shall bear to the aggregate principal amount of the Notes then outstanding.
Appears in 1 contract
Samples: Entergy Louisiana Inc
