Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No Notes of $2,000 of principal amount or less will be redeemed in part. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 8 contracts
Samples: Indenture (O Reilly Automotive Inc), Indenture (O'Reilly II Aviation Corp), Indenture (O Reilly Automotive Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption will be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange or trading system, if any, on which the Notes to be redeemed are listed or purchased accepted for trading, or, if the Notes are not so listed or accepted for trading, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriateappropriate and in accordance with methods generally used at the time of selection by fiduciaries in similar circumstances. No Notes of $2,000 of principal amount or less will If any Note is to be redeemed in partpart only, the notice of redemption that relates to such Note shall state the portion of the principal amount thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion thereof will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions thereof called for redemption unless the Issuer defaults in making such redemption payment. The Trustee shall promptly notify the Issuer in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000, except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes 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 that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 8 contracts
Samples: Indenture (Pg&e National Energy Group Inc), Indenture (Pg&e National Energy Group Inc), Indenture (Pg&e National Energy Group Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption shall be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange, if any, on which the Notes to be redeemed or purchased are listed, or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No ; provided that no Notes of $2,000 of principal amount 1,000 or less will shall be redeemed in part. Notices of redemption shall be mailed by first class mail at least 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address. Notices of redemption may not be conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion thereof shall be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes 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 that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 7 contracts
Samples: Indenture (L-3 Communications Cincinnati Electronics CORP), Indenture (Microdyne Corp), Indenture (L-3 Communications SPD Technologies Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, to be redeemed among the Holders of Notes on a pro rata basis, by lot or by such other method as the Trustee shall deem deems fair and appropriate. No ; provided that no Notes of $2,000 of principal amount 1,000 or less will shall be redeemed in part. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000, shall be redeemed. A new Note in principal amount equal to the unredeemed portion thereof will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption shall become due on the redemption date. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption. Except as provided in the preceding sentencethis Section 3.02, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 6 contracts
Samples: Indenture (Pegasus Communications Corp /), Indenture (Pegasus Communications Corp /), Indenture (Pegasus Communications Corp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select Notes for redemption as follows:
(a) if the Notes to be redeemed are listed for trading on a national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are so listed; or
(b) if the Notes are not so listed or purchased there are no such requirements, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No Notes of $2,000 of principal amount 1,000 or less will shall be redeemed in part. Except as provided in the preceding sentence, provisions Notices of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection be mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes to be redeemed at its registered address. Notices of redemption may not previously called for redemptionbe conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to such that Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases and Liquidated Damages, if applicable, cease to accrue or accrete on Notes or portions of them called for redemptionredemption unless the Issuers default in making such redemption payment.
Appears in 5 contracts
Samples: Indenture (Gulfterra Energy Partners L P), Indenture (El Paso Energy Partners Deepwater LLC), Indenture (First Reserve Gas LLC)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select Notes for redemption as follows:
(a) if the Notes to be redeemed are listed for trading on a national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are so listed; or
(b) if the Notes are not so listed or purchased there are no such requirements, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No Notes of $2,000 of principal amount or less will shall be redeemed in part. Except as provided in the preceding sentence, provisions Notices of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection be mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes to be redeemed at its registered address. Notices of redemption may not previously called for redemptionbe conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to such that Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest (including Additional Interest, if applicable) ceases to accrue or accrete on Notes or portions of them called for redemptionredemption unless the Issuers default in making such redemption payment.
Appears in 4 contracts
Samples: Indenture (Atlas Pipeline Partners Lp), Indenture (Atlas Pipeline Partners Lp), Indenture (Atlas Pipeline Partners Lp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption shall be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange, if any, on which the Notes to be redeemed or purchased are listed, or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No ; provided that no Notes of $2,000 of principal amount 1,000 or less will shall be redeemed in part. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000, shall be redeemed. A new Note in principal amount equal to the unredeemed portion thereof shall be issued in the name of the Holder thereof upon cancellation of the original Note. On and after the redemption date, unless the Company defaults in payment of the redemption price, interest ceases to accrue on Notes or portions of them called for redemption. Except as provided in the preceding sentencethis Section 3.2, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee provisions of the two preceding paragraphs of this Section 3.2 shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If apply with respect to any redemption affecting only a Global Note, whether such Global Note is to be redeemed in part onlywhole or in part. In case of any such redemption in part, the notice of redemption that relates to such Note shall state the unredeemed portion of the principal amount of that the Global Note to shall be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionan authorized denomination.
Appears in 4 contracts
Samples: Indenture (Lomak Petroleum Inc), Indenture (Cumulus Media Inc), Indenture (Canton Oil & Gas Co)
Selection of Notes to Be Redeemed. If less than all of the Notes of a series are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the Notes of such series to be redeemed by a method that complies with the requirements of the Applicable Securities Exchange (which requirements shall be provided or purchased caused to be provided by the Issuer to the Trustee), if any, on which the Notes are listed or quoted or, if the Notes are not so listed, on a pro rata basis, basis by lot or by such any other method as that the Trustee shall deem considers fair and appropriate. No The Trustee shall make the selection not more than 45 days before the Redemption Date from Notes of such series outstanding and not previously called for redemption. The Trustee may select for redemption a portion of the principal of any Notes of such series that have a denomination larger than $2,000 of principal amount or less 1,000. Notes and portions thereof will be redeemed in partthe amount of $1,000 or integral multiples of $1,000. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the selection at least 30 days but not more than 60 days before Issuer promptly of the Redemption Date from outstanding Notes not previously or portions of Notes to be called for redemption. If any Note selected for partial redemption is converted in part after such selection, the converted portion of such Note shall be deemed (so far as may be deemed) to be redeemed the portion to be selected for redemption. The Notes (or portion thereof) so selected shall be deemed duly selected for redemption for all purposes hereof, notwithstanding that any such Note is converted in whole or in part only, before the mailing of the notice of redemption. Upon any redemption that relates to of less than all the Notes, the Issuer and the Trustee may treat as outstanding any Notes surrendered for conversion during the period of 15 days next preceding the mailing of a notice of redemption and need not treat as outstanding any Note authenticated and delivered during such Note shall state period in exchange for the unconverted portion of the principal amount of that any Note to be redeemed. A new Note converted in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionpart during such period.
Appears in 4 contracts
Samples: Indenture (Nortel Networks Corp), Indenture (Nortel Networks LTD), Indenture (Nortel Networks Corp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee (or Registrar if other than the Trustee) shall select Notes for redemption on a pro rata basis to the extent practicable or by lot or such other similar method in accordance with the procedures of the Depository, unless otherwise required by law or applicable stock exchange requirements. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased on a pro rata basisshall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by lot or by such other method as the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall deem fair promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and appropriate. No portions of Notes selected shall be in minimum amounts of $2,000 or whole multiples of principal $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount or less will of Notes held by such Holder, even if not a multiple of $1,000, shall be redeemed in partredeemed. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee No Notes of $2,000 or less shall make the selection be redeemed in part. Notices of redemption shall be mailed by first-class mail or delivered electronically at least 30 days 10 but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder to be redeemed at its registered address, except that redemption notices may be mailed or delivered electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes not previously called for redemptionor a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to such that Note shall state the portion of the principal amount of that Note that is to be redeemed. A In the case of certificated Notes, a new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will shall be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on Notes or portions of them called for redemptionredemption unless the Company defaults in making the applicable redemption payment.
Appears in 4 contracts
Samples: Indenture (Vistra Corp.), Indenture (Vistra Energy Corp.), Indenture (Vistra Energy Corp.)
Selection of Notes to Be Redeemed. If (a) In the event that less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select selection of the Notes to be redeemed or purchased shall be made by the Trustee on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No equitable; provided, however, that no Notes of $2,000 of a principal amount of $1,000 or less will shall be redeemed in part. Except as provided in ; provided, further, that if a partial redemption is made with the preceding sentenceproceeds of any Equity Offering, provisions selection of this Indenture that apply to the Notes called or portions thereof for redemption also apply shall be made by the Trustee only on a pro rata basis or on as nearly a pro rata basis as is practicable (subject to portions the procedures of Notes called for redemptionthe Depositary), unless such method is otherwise prohibited. The Trustee shall make the selection at least 30 days but not more than 60 days before from the Redemption Date from outstanding Notes not previously called for redemption. If The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note is to be redeemed in part onlyNotes selected for partial redemption, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note the Notes to be redeemed. In the event of a partial redemption by lot, the Trustee shall select the particular Notes to be redeemed not less than 30 nor more than 60 days prior to the relevant Redemption Date from the Outstanding Notes not previously called for redemption. The Company may redeem Notes in denominations of $1,000 only in whole. The Trustee may select for redemption portions (equal to $1,000 or any integral multiple of $1,000) of the principal of Notes that have denominations larger than $1,000. A new Note in a principal amount equal to the unredeemed portion of the original Note presented for redemption thereof will be issued in the name of the Holder thereof upon delivery of the original Note to the Paying Agent and cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases will cease to accrue or accrete on Notes or portions of them thereof called for redemptionredemption as long as the Company has made a deposit with the Paying Agent in U.S. legal tender in satisfaction of the applicable Redemption Price pursuant to this Indenture.
(b) For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to redemption of Notes shall relate, in the case of any Note redeemed or to be redeemed only in part, to the portion of the principal amount of that Note which has been or is to be redeemed.
Appears in 4 contracts
Samples: Indenture (Healthsouth Corp), Indenture (Healthsouth Corp), Indenture (Healthsouth Corp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the The Trustee shall select the Notes to be redeemed or purchased among the Holders in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No appropriate (and in a manner that complies with applicable requirements of the Depositary); provided that no Notes of $2,000 of principal amount or less will shall be redeemed in part. Except as provided in part except if all of the preceding sentenceNotes of a Holder are to be redeemed or repurchased, provisions of this Indenture that apply to Notes called for redemption also apply to portions the entire outstanding amount of Notes called for redemptionheld by such Holder, even if not a multiple of $1,000 or even if the Notes do not have denominations larger than $2,000, shall be redeemed or repurchased. The Trustee Notices of redemption shall make be sent electronically (to the selection extent permitted by applicable procedures or regulations) or mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes not previously called for redemptionto be redeemed at its registered address. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on Notes or portions of them called for redemption. The Trustee shall make the selection from the Notes outstanding and not previously called for redemption and shall promptly notify the Company in writing of the Notes selected for redemption.
Appears in 4 contracts
Samples: Indenture (Toys R Us Property Co II, LLC), Indenture (Toys R Us Inc), Indenture (Toys R Us Property Co I, LLC)
Selection of Notes to Be Redeemed. If less fewer than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed by a method that complies with the requirements, as certified to it by the Issuer, of the principal securities exchange, if any, on which the Notes are listed at such time, and in compliance with the requirements of DTC or, if the Notes are not listed on a securities exchange, or purchased such securities exchange prescribes no method of selection and the Notes are not held through DTC or DTC prescribes no method of selection, on a pro rata basis, by lot or by such other method as the Trustee shall deem deems fair and appropriate; provided, however, that no such partial redemption shall reduce the portion of the principal amount of a Note not redeemed to less than $2,000. No For Notes which are represented by global certificates held on behalf of DTC, if the Notes are selected for redemption on a pro rata basis, the Notes to be redeemed shall be selected in accordance with DTC procedures on a “Pro Rata Pass-Through Distribution of Principal” basis. If the Trustee does not provide the necessary information and identify the redemption as on a “Pro Rata Pass-Through Distribution of Principal Basis,” the Notes shall be selected for redemption by lot in accordance with DTC procedures. The Trustee shall make the selection from the Notes outstanding and not previously called for redemption. The Trustee may select for redemption portions equal to $1,000 in principal amount and any integral multiple thereof; provided that no Notes of $2,000 of in principal amount or less will may be redeemed in part. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the selection at least 30 days but not more than 60 days before Issuer promptly in writing of the Redemption Date from outstanding Notes not previously or portions of Notes to be called for redemption. If any Note is to The Trustee shall not be redeemed liable for selections made in part only, accordance with the notice provisions of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented this Section 3.03 or for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionselections made by DTC.
Appears in 3 contracts
Samples: Indenture (Carnival PLC), Indenture (Carnival PLC), Indenture (Carnival PLC)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select Notes for redemption as follows:
(a) if the Notes to be redeemed are listed for trading on a national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are so listed; or
(b) if the Notes are not so listed or purchased there are no such requirements, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. Back to Contents No Notes of $2,000 of principal amount 1,000 or less will shall be redeemed in part. Except as provided in the preceding sentence, provisions Notices of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection be mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes to be redeemed at its registered address. Notices of redemption may not previously called for redemptionbe conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to such that Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest (including Additional Interest, if applicable) ceases to accrue or accrete on Notes or portions of them called for redemptionredemption unless the Issuers default in making such redemption payment.
Appears in 3 contracts
Samples: Indenture (Atlas Pipeline Holdings, L.P.), Indenture (Atlas America Inc), Indenture (Atlas Pipeline Partners Lp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased as follows:
(1) if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed; or
(2) if the Notes are not listed on any national securities exchange, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No Notes of $2,000 1,000 of principal amount or less will be redeemed in part. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection Notices of redemption will be mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes to be redeemed at its registered address. Notices of redemption may not previously called for redemptionbe conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 3 contracts
Samples: Indenture (Crown Castle International Corp), Indenture (Crown Castle International Corp), Indenture (Crown Castle International Corp)
Selection of Notes to Be Redeemed. If less fewer than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the particular Notes to be redeemed from the Outstanding Notes by a method that complies with the requirements of any exchange on which the Notes are listed, or, if the Notes are not listed on an exchange, on a pro rata basis or by lot or in accordance with any other method the Trustee considers fair and appropriate. Notes and portions thereof that the Trustee selects shall be in amounts equal to the minimum authorized denominations for Notes to be redeemed or purchased on any integral multiple thereof. If any Note selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Notes so selected, the converted portion of such Note shall be deemed to be the portion selected for redemption (provided, however, that the Holder of such Note so converted and deemed redeemed shall not be entitled to any additional interest payment as a pro rata basis, result of such deemed redemption than such Holder would have otherwise been entitled to receive upon conversion of such Note). Notes which have been converted during a selection of Notes to be redeemed may be treated by lot or by such other method as the Trustee shall deem fair and appropriate. No Notes as Outstanding for the purpose of $2,000 of principal amount or less will be redeemed in part. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemptionsuch selection. The Trustee shall make promptly notify the selection at least 30 days but not more than 60 days before Company and the Redemption Date from outstanding Registrar in writing of the Notes not previously called selected for redemption and, in the case of any Notes selected for partial redemption, the principal amount thereof to be redeemed. If For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Note is Notes redeemed or to be redeemed only in part onlypart, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note such Notes which has been or is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 3 contracts
Samples: Indenture (Ciphergen Biosystems Inc), Exchange and Redemption Agreement (Ciphergen Biosystems Inc), Indenture (Radisys Corp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes shall be made by the Trustee shall select the Notes to be redeemed or purchased on a pro rata basis, PRO RATA basis or by lot or by such other a method as that complies with the requirements of any exchange on which the Notes are listed and that the Trustee shall deem considers fair and appropriate. No , provided that no Notes of $2,000 of principal amount 1,000 or less will shall be redeemed in part. Except as provided The Trustee shall make the selection not more than 60 days and not less than 30 days before the redemption date from Notes outstanding not previously called for redemption. Notes and portions of Notes selected shall be in the preceding sentence, provisions amounts of $1,000 or integral multiples of $1,000. Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the selection at least 30 days but not more than 60 days before Company promptly of the Redemption Date from outstanding Notes not previously or portions of Notes to be called for redemption. If any Note selected for partial redemption is converted in part after such selection, the converted portion of such Note shall be deemed (so far as may be) to be redeemed the portion to be selected for redemption. The Notes (or portions thereof) so selected shall be deemed duly selected for redemption for all purposes hereunder, notwithstanding that any such Note is converted in whole or in part only, before the mailing of the notice of redemption. Upon any redemption that relates to of less than all the Notes, the Company and the Trustee may treat as outstanding any Notes surrendered for conversion during the period 15 days next preceding the mailing of a notice of redemption and need not treat as outstanding any Note authenticated and delivered during such Note shall state period in exchange for the unconverted portion of the principal amount of that any Note to be redeemed. A new Note converted in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionpart during such period.
Appears in 3 contracts
Samples: Indenture (Invitrogen Corp), Indenture (Peregrine Systems Inc), Indenture (Peregrine Systems Inc)
Selection of Notes to Be Redeemed. If less than all of the outstanding Notes are to be redeemed or purchased in an offer to purchase at any timeby the Company, the Trustee Trustee, on behalf of the Company, shall select the outstanding Notes to be redeemed or purchased in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not listed on such an exchange the Trustee, on behalf of the Company, shall select the outstanding Notes to be redeemed on a pro rata basis, by lot or by such any other method as that the Trustee deems fair and appropriate; provided, that a redemption pursuant to the provisions relating to Equity Offerings will be on a pro rata basis. Notes redeemed in part shall only be redeemed in integral multiples of $1,000. If the Company elects to mail notice of a redemption to Holders, the Trustee shall deem fair at least five days prior to the date notice of redemption is to be mailed, (i) select, on behalf of the Company, the Notes to be redeemed from Notes outstanding not previously called for redemption, and appropriate(ii) notify the Company of the names of each Holder of Notes selected for redemption, the principal amount of Notes held by each such Holder and the principal amount of such Holder's Notes that are to be redeemed. No The Trustee shall select for redemption Notes or portions of Notes in principal amounts of $2,000 1,000 or integral multiples of principal amount or less will be redeemed in part$1,000. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the selection at least 30 days but not more than 60 days before Company promptly of the Redemption Date from outstanding Notes not previously or portions of Notes to be called for redemption. If any Note is to be redeemed in part only, The Company shall notify the notice Trustee of redemption that relates to such Note shall state the portion its acceptance for payment of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called selected for redemption.
Appears in 3 contracts
Samples: Indenture (Phonetel Technologies Inc), Indenture (Phonetel Technologies Inc), Indenture (Phonetel Technologies Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select the Notes to be redeemed or purchased for redemption on a pro rata basisbasis (or, in the case of Notes issued in global form pursuant to Article 3 hereof, by lot such method as DTC or by its nominee or successor may require or, where such other nominee or successor is the Trustee, a method that most nearly approximates pro rata selection as the Trustee shall deem deems fair and appropriate. No Notes appropriate unless otherwise required by law); provided, that no partial redemption of $2,000 of any Note will occur if such redemption would reduce the principal amount or of such Note to less will be redeemed in part. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption$2,000. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption thereof will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption shall become irrevocably due on the date fixed for redemption. Unless the Partnership defaults in payment of the redemption at the applicable Redemption Priceprice, plus accrued and unpaid interest to, but not including, the Redemption Date. On on and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases will cease to accrue or accrete on the Notes or portions of them the Notes called for redemption. The Trustee will promptly notify the Issuer in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected will be in amounts of $2,000 or whole multiples of $1,000 in excess thereof; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes held by such Holder shall be redeemed. Except as provided in the preceding sentence, provisions of the Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption.
Appears in 3 contracts
Samples: Second Supplemental Indenture (Phillips 66 Partners Lp), Third Supplemental Indenture (Phillips 66 Partners Lp), First Supplemental Indenture (Phillips 66 Partners Lp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption will be made by the Trustee shall select the Notes to be redeemed or purchased on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No Notes of $2,000 of principal amount appropriate or less will be redeemed in part. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemptionrequire unless otherwise required by law or applicable stock exchange or depositary requirements. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption. The Trustee shall promptly notify the Company and the Registrar in writing of the Notes selected for redemption at and, in the applicable Redemption Price, plus accrued and unpaid interest to, but not includingcase of any Notes selected for partial redemption, the Redemption Dateprincipal amount thereof to be redeemed. On No Notes of $2,000 or less in principal amount can be redeemed or purchased in part. Notes and after portions of Notes selected will be in amounts of $2,000 or whole multiples of $1,000 in excess thereof, except that if all of the Redemption DateNotes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder shall be redeemed or purchased. For purposes of this Indenture, unless the Company defaults context otherwise requires, all provisions relating to redemption of Notes shall relate, in paying the applicable Redemption Pricecase of any of the Notes redeemed or to be redeemed only in part, interest ceases to accrue the portion of the principal amount thereof which has been or accrete on Notes or portions of them called for redemptionis to be redeemed.
Appears in 3 contracts
Samples: Indenture (Era Group Inc.), Indenture (Era Group Inc.), Indenture (Seacor Holdings Inc /New/)
Selection of Notes to Be Redeemed. If In the event that less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of such Notes for redemption will be made by the Trustee shall select Company in compliance with the requirements of the principal national securities exchange, if any, on which the Notes to be redeemed or purchased are listed or, if the Notes are not then listed on a pro rata basisnational securities exchange, on a PRO RATA basis or by lot or by such any other method as the Trustee shall deem fair and appropriate. No ; PROVIDED, HOWEVER, that Notes of $2,000 of principal amount or less will redeemed in part shall only be redeemed in part. Except integral multiples of $1,000; PROVIDED, FURTHER, HOWEVER, that any such redemption pursuant to the provisions relating to a Public Equity Offering by the Company shall be made on a PRO RATA basis or on as provided in the preceding sentence, provisions nearly a PRO RATA basis as practicable (subject to any procedures of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemptionDepository Trust Company or any other Depository). If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note thereof to be redeemed. A redeemed and the Trustee shall authenticate and mail to the holder of the original Note a new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of promptly after the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption DateNote has been canceled. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases will cease to accrue or accrete on Notes or portions of them thereof called for redemption. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to redemption of Notes shall relate, in the case of any Note redeemed or to be redeemed only in part, to the portion of the principal amount of such Note which has been or is to be redeemed.
Appears in 2 contracts
Samples: Indenture (Leiner Health Products Inc), Indenture (Leiner Health Products Inc)
Selection of Notes to Be Redeemed. If less fewer than all of the Notes are to be redeemed or purchased in pursuant to an offer to purchase at any timeOptional Redemption, the Trustee shall select the particular Notes to be redeemed in principal amounts of $1,000 or integral multiples thereof from outstanding Notes by a method that complies with the requirements of any exchange on which the Notes are listed, or, if the Notes are not listed on an exchange, on a pro rata basis or otherwise in accordance with the applicable procedures of the Depositary or by lot in accordance with any other method the Trustee considers fair and appropriate. Notes and portions thereof that the Trustee selects shall be in amounts equal to the minimum authorized denominations for Notes to be redeemed or purchased on any integral multiple thereof. If any Note selected for partial redemption pursuant to an Optional Redemption is converted in part before termination of the conversion right with respect to the portion of the Notes so selected, the converted portion of such Note shall be deemed to be the portion selected for redemption (provided, however, that the Holder of such Note so converted and deemed redeemed shall not be entitled to any additional interest payment as a pro rata basis, result of such deemed redemption over the amount that such Holder would have otherwise been entitled to receive upon conversion of such Note. Notes which have been converted during a selection of Notes to be redeemed pursuant to an Optional Redemption may be treated by lot or by such other method as the Trustee shall deem fair and appropriate. No Notes as outstanding for the purpose of $2,000 of principal amount or less will be redeemed in part. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemptionsuch selection. The Trustee shall make promptly notify the selection at least 30 days but not more than 60 days before Issuer and the Redemption Date from outstanding Registrar in writing of the Notes not previously called selected for redemptionredemption and, in the case of any Notes selected for partial redemption pursuant to an Optional Redemption, the principal amount thereof to be redeemed. If For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Note is Notes redeemed or to be redeemed only in part onlypart, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note such Notes which has been or is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 2 contracts
Samples: Indenture (Lions Gate Entertainment Corp /Cn/), Indenture (Lions Gate Entertainment Corp /Cn/)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes on a pro rata basisbasis (or, by lot in the case of Notes issued in global form as discussed under Section 2.03 hereof, based on a method as DTC or by its nominee or successor may require or, where such other nominee or successor is the Trustee, a method that most nearly approximates pro rata selection as the Trustee shall deem considers fair and appropriate. No appropriate unless otherwise required by law) unless otherwise required by law or applicable stock exchange or depositary requirements; provided that no Notes of $2,000 of principal amount or less will shall be redeemed in part. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption, except that redemption notices may be mailed more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge pursuant to Article 10 hereof. The Trustee shall promptly notify the Company in writing of any Definitive Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes 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 that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not , except that redemption notices may be mailed more than 60 days before prior to a redemption date if the Redemption Date from outstanding notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge pursuant to Article 10 hereof. Notices of redemption may be subject to one or more conditions precedent, including, but not previously called for redemptionlimited to, completion of an Equity Offering. If any Note is such condition precedent has not been satisfied, the Company shall provide written notice to be redeemed in part onlythe Trustee prior to the close of business two Business Days prior to the redemption date. Upon receipt of such notice, the notice of redemption that relates to such Note shall state be rescinded and the portion redemption of the principal amount of that Note Notes shall not occur. Upon receipt, the Trustee shall provide such notice to be redeemed. A new Note in principal amount equal to the unredeemed portion each holder of the original Note presented for redemption will be issued Notes in the name same manner in which the notice of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionwas given.
Appears in 2 contracts
Samples: Indenture (Parker Drilling Co /De/), Indenture (Parker Drilling Co /De/)
Selection of Notes to Be Redeemed. If less than all In the case of the Notes are to be redeemed or purchased in an offer to purchase at any timepartial redemption, the Trustee shall Registrar will select the Notes to be redeemed or purchased on a for redemption pro rata basisrata, by lot or by such other method as in accordance with the Trustee shall deem fair procedures of Euroclear and appropriate. No Notes Clearstream or the relevant clearing system (including by the pro rata reduction of $2,000 of the principal amount of all Notes by the application of a “pool factor” in accordance with the normal procedures of Euroclear and Clearstream); provided that no Notes in denominations of €100,000 or less will shall be redeemed in part. Except as provided The Registrar shall make the selection from outstanding Notes not previously called for redemption. The Registrar may select for redemption portions of the principal of Notes that have denominations larger than €100,000. Notes and portions of them that the Registrar selects shall be in the preceding sentence, provisions principal amounts of €100,000 or any integral multiple of €1,000 in excess thereof. Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Registrar shall notify the Issuer and the Trustee shall make as soon as practicable of the selection at least 30 days but not more than 60 days before Notes or portions of Notes to be redeemed. After the Redemption Date from outstanding Notes not previously called for redemption. If any redemption date, upon surrender of the Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A a new Note or Notes in principal amount equal to the unredeemed portion of the original Note presented for redemption will representing the same Indebtedness to the extent not redeemed shall be issued in the name of the Holder thereof of the Notes upon cancellation of the original NoteNote (or appropriate book entries shall be made to reflect such partial redemption). Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on the Notes or portions of them thereof called for redemption, unless the Issuer defaults in the delivery of the redemption amount.
Appears in 2 contracts
Samples: Indenture (Kronos Worldwide Inc), Supplemental Indenture (Kronos Worldwide Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select the Notes to be redeemed for redemption or purchased purchase on a pro rata basisbasis or, by lot or by such other in the case of Notes issued in global form, based on a method that most nearly approximates a pro rata selection as the Trustee shall deem in its sole discretion deems fair and appropriate, unless otherwise required by law or applicable stock exchange requirements. The Trustee will not be liable for selections made by it in accordance with this Section 3.02. No Notes of $2,000 of principal amount 200,000 or less will shall be purchased or redeemed in part. Except as provided in the preceding sentence, provisions Notices of this Indenture that apply purchase or redemption shall be given to Notes called for redemption also apply each Holder pursuant to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemptionSections 3.03 and 13.01. If any Note is to be redeemed in part only, the notice of redemption that relates to such that Note shall will state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented will be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of Notes called for redemption. In relation to Definitive Registered Notes, a new Note in principal amount equal to the unpurchased or unredeemed portion of any Note purchased or redeemed in part will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for On or after any purchase or redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Datedate, unless the Company Issuer defaults in paying payment of the applicable Redemption Pricepurchase or redemption price, interest ceases shall cease to accrue or accrete on Notes or portions of them thereof tendered for purchase or called for redemption.
Appears in 2 contracts
Samples: Indenture (Sappi LTD), Indenture (Sappi LTD)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the particular Notes to be redeemed will be selected not more than 60 days prior to the redemption date by the Trustee in compliance with any applicable rules of the securities exchange, if any, on which the Notes are listed or, if the Notes are not listed on a securities exchange or purchased if there are no applicable rules, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair deems appropriate and appropriate. No Notes fair; provided, that the unredeemed portion of $2,000 of the principal amount or of any Note shall be in an authorized denomination (which shall not be less will than the minimum authorized denomination) for such Note. If less than all of the Notes are to be redeemed in part. Except as provided in redeemed, following the preceding sentencedetermination by the Company of the principal amounts of each series to be redeemed, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The the Trustee shall make the selection at least 30 days but not more than 60 days before from the Redemption Date from outstanding Notes that have not previously been called for redemption and may provide for the selection for redemption of portions (equal to the minimum authorized denomination for the Notes, or any integral multiple of $1,000 in excess thereof) of the principal amount of the Notes of a denomination larger than the minimum authorized denomination for Notes. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Notes selected for partial redemption, the principal amount thereof to be redeemed. If the Company shall so direct, Notes registered in the name of the Company, any Affiliate of the Company or any Subsidiary of the Company thereof shall not be included in the Notes selected for redemption. If For purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Note is Notes redeemed or to be redeemed only in part onlypart, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note such Notes which has been or is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 2 contracts
Samples: Indenture (Collins & Aikman Corp), Indenture (Collins & Aikman Corp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes 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. No In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the Redemption Date by the Trustee from the outstanding Notes not previously called for redemption. If any Note selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Note so selected, the converted portion of such Note shall be deemed (so far as may be) to be the portion selected for redemption. Notes which have been converted during a selection of Notes to be redeemed may be treated by the Trustee as outstanding for the purpose of such selection. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the Principal Amount thereof to be redeemed. The Principal Amount of Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding Principal Amount of Notes held by such Holder, even if not a multiple of $2,000 of principal amount or less will 1,000, shall be redeemed in partredeemed. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 2 contracts
Samples: Indenture (Charter Communications Inc /Mo/), Indenture (Charter Communications Inc /Mo/)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No appropriate (and in a manner that complies with applicable legal requirements); provided that no Notes of $2,000 of principal amount 1,000 or less will shall be redeemed in part. Except as provided in the preceding sentence, provisions Notices of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection be mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes to be redeemed at its registered address. Notices of redemption may not previously called for redemptionbe conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on Notes or portions of them called for redemption. The Trustee shall make the selection from the Notes outstanding and not previously called for redemption and shall promptly notify AirGate in writing of the Notes selected for redemption. The Trustee may select for redemption portions (equal to $1,000 or any integral multiple thereof) of the principal of the Notes that have denominations larger than $1,000.
Appears in 2 contracts
Samples: Indenture (Airgate PCS Inc /De/), Indenture (Agw Leasing Co Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption shall be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange, if any, on which the Notes to be redeemed or purchased are listed, or, if the Notes are not so listed, on a pro rata basis, by lot to the extent practicable or by such other method as in accordance with the Trustee shall deem fair and appropriate. No Applicable Procedures of the Depositary; provided that no Notes of $2,000 of principal amount or less will shall be redeemed in part. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. The Trustee will promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in minimum amounts of $2,000 or whole multiples of $1,000 in excess thereof; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000, shall be redeemed. A new Note in principal amount equal to the unredeemed portion thereof shall be issued (or book-entry notation made) in the name of the Holder thereof upon cancellation of the original Note. On and after the redemption date, unless the Company defaults in the payment of the redemption price, interest shall cease to accrue on the principal amount of the Notes or portions thereof called for redemption. Except as provided in the preceding sentencethis Section 3.02, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 2 contracts
Samples: Indenture (CURO Group Holdings Corp.), Indenture (CURO Group Holdings Corp.)
Selection of Notes to Be Redeemed. If less than all In the case of any partial redemption, selection of the Notes for redemption will be made in accordance with the procedures of DTC or, if the Notes are to be redeemed or purchased in an offer to purchase at any timenot then on deposit with DTC, the Trustee shall will select the Notes to be redeemed or purchased on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No ; provided that no Notes of $2,000 of principal amount or less will shall be redeemed in part. Except as provided The Trustee shall make the selection from outstanding Notes not previously called for redemption. The Trustee may select for redemption portions of the principal of Notes that have denominations larger than $2,000. Notes and portions of them that the Trustee selects shall be in the preceding sentence, provisions principal amounts of $2,000 or any integral multiple of $1,000 in excess thereof. Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the selection at least 30 days but not more Company as soon as practicable of the Notes or portions of Notes to be redeemed. In the case of any partial redemption, the Company shall notify the Trustee of such redemption no later than 60 days before five Business Days prior to the Redemption Date from outstanding Notes not previously called for redemptiondate on which redemption notice is to be sent to Holders. If any After the redemption date, upon surrender of the Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A a new Note or Notes in principal amount equal to the unredeemed portion of the original Note presented for redemption will representing the same Indebtedness to the extent not redeemed shall be issued in the name of the Holder thereof of the Notes upon cancellation of the original NoteNote (or appropriate book entries shall be made to reflect such partial redemption). Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Dateredemption date, interest ceases to accrue on the Notes or portions thereof called for redemption, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions delivery of them called for redemptionthe redemption amount.
Appears in 2 contracts
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption will be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange, if any, on which the Notes to be redeemed or purchased are listed, or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No ; provided that no Notes of $2,000 of principal amount 1,000 or less will shall be redeemed in part. Notices of redemption shall be mailed by first class mail at least 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion thereof will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption. The Trustee shall promptly notify the Issuers in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes 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 that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 2 contracts
Samples: Indenture (Foamex Capital Corp), Indenture (Foamex International Inc)
Selection of Notes to Be Redeemed. If less than all of the Euro Notes or the Dollar Notes, as the case may be, are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select the Notes to be redeemed or purchased for redemption on a pro rata basis, basis or by lot or by such some other method as the Trustee shall deem in its sole discretion deems fair and appropriateappropriate of the Notes unless otherwise required by law or applicable stock exchange requirements. The Trustee will not be liable for selections made by it in accordance with this Section 3.02. No Euro Notes of €50,000 or less or Dollar Notes of $2,000 of principal amount 100,000 or less will shall be purchased or redeemed in part. Except as provided in the preceding sentence, provisions Notices of this Indenture that apply purchase or redemption shall be given to Notes called for redemption also apply each Holder pursuant to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemptionSections 3.03 and 13.01. If any Euro Note or Dollar Note is to be redeemed in part only, the notice of redemption that relates to such that Note shall will state the portion of the principal amount of that Note that is to be redeemed. A new Euro Note or Dollar Note, as the case may be, in principal amount equal to the unredeemed portion of the original Euro Note presented or the Dollar Note, as applicable, will be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of Notes called for redemption. In relation to Definitive Registered Notes, a new Note in principal amount equal to the unpurchased or unredeemed portion of any Note purchased or redeemed in part will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for On or after any purchase or redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Datedate, unless the Company Issuer defaults in paying payment of the applicable Redemption Pricepurchase or redemption price, interest ceases shall cease to accrue or accrete on Notes or portions of them thereof tendered for purchase or called for redemption.
Appears in 2 contracts
Samples: Indenture (Sappi LTD), Indenture (Sappi LTD)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption shall be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange, if any, on which the Notes to be redeemed or purchased are listed, or, if the Notes are not so listed, on a pro rata basis, by lot to the extent practicable or by such other method as in accordance with the Trustee shall deem fair and appropriate. No Applicable Procedures of the Depositary; provided that no Notes of $2,000 of principal amount or less will shall be redeemed in part. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. The Trustee will promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in minimum amounts of $2,000 or whole multiples of $1,000 in excess thereof; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000, shall be redeemed. A new Note in principal amount equal to the unredeemed portion thereof shall be issued (or book-entry notation made) in the name of the Holder thereof upon cancellation of the original Note. On and after the redemption date, unless the Company defaults in the payment of the redemption price, interest shall cease to accrue on the principal amount of the Notes or portions thereof called for redemption and for which funds have been set aside for payment. Except as provided in the preceding sentencethis Section 3.02, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 2 contracts
Samples: Indenture (CURO Group Holdings Corp.), Indenture (CURO Group Holdings Corp.)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall may deem fair and appropriate. No appropriate (and in a manner that complies with applicable legal requirements); provided that no Notes of $2,000 of principal amount or less will shall be redeemed in part. Except as provided in the preceding sentence, provisions Notices of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection be mailed by first class mail at least 30 thirty (30) days but not more than 60 sixty (60) days before the Redemption Date from outstanding redemption date to each Holder of Notes to be redeemed at its registered address, except that redemption notices may be mailed more than 60 days prior to a redemption date if the notice is issued in connection with Sections 8.2, 8.3 or 8.8 hereof. Except for a redemption to be effected pursuant to Section 3.7, notices of redemption may not previously called for redemptionbe conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on Note (or appropriate adjustments to the date fixed for redemption at the applicable Redemption Priceamount and beneficial interests in a Global Note will be made, plus accrued and unpaid interest to, but not including, the Redemption Dateas appropriate). On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases will cease to accrue or accrete on Notes or portions of them called for redemption. The Trustee shall make the selection from the Notes outstanding and not previously called for redemption as long as the Company has deposited with the Paying Agent funds in satisfaction of the applicable Redemption Price pursuant to this Indenture and shall promptly notify the Company in writing of the Notes selected for redemption. The Trustee may select for redemption portions (equal to $1,000 or any integral multiples of $1,000 thereof) of the principal of the Notes that have denominations larger than $2,000 so long as no partial redemption results in a Note having a principal amount of less then $2,000.
Appears in 2 contracts
Samples: Credit Agreement (Music123, Inc.), Credit Agreement (Music123, Inc.)
Selection of Notes to Be Redeemed. (a) If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed (if such listing is known to the Trustee) or, if the Notes are not so listed, on a pro rata basis, by lot or by such in accordance with any other method as the Trustee considers fair and reasonable (subject to the procedures of DTC or any other Depositary and by maintaining the authorized denominations for the Notes). In the case of a redemption of the Notes pursuant to Section 3.07(b), the Trustee shall deem fair and appropriateselect the Notes to be redeemed on a pro rata basis or on as nearly a pro rata basis as practicable (subject to the procedures of DTC or any other Depositary). In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, prior to giving a notice of such redemption by the Trustee from the outstanding Notes not previously called for redemption.
(b) The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount at maturity thereof to be redeemed. No Notes in amounts of $2,000 of principal amount 1,000 or less will shall be redeemed in part. The Trustee may select for redemption portions of the principal of Notes that have denominations larger than $1,000. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000 in excess thereof; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes 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 that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 2 contracts
Samples: Indenture (Continental Resources, Inc), Indenture (Continental Resources Inc)
Selection of Notes to Be Redeemed. If less fewer than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the particular Notes to be redeemed or purchased from the outstanding Notes by a method that complies with the requirements of any exchange on a pro rata basiswhich the Notes are listed, or, if the Notes are not listed on an exchange, by lot or by such other method as lot. Notes and portions thereof that the Trustee selects shall deem fair be in principal amounts equal to $1,000 (excluding Additional Notes) or any whole multiple thereof. If any Note selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Note so selected, the converted portion of such Note shall be deemed to be the portion selected for redemption (provided, however, that the Holder of such Note so converted and appropriatedeemed 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 of such Note). No Notes which have been converted during a selection of $2,000 of principal amount or less will Notes to be redeemed in part. Except may be treated by the Trustee as provided in outstanding for the preceding sentence, provisions purpose of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemptionsuch selection. The Trustee shall make promptly notify the selection at least 30 days but not more than 60 days before Company and the Redemption Date from outstanding Registrar in writing of the Notes not previously called selected for redemption and, in the case of any Notes selected for partial redemption, the principal amount thereof to be redeemed. If For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Note is Notes redeemed or to be redeemed only in part onlypart, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note such Notes which has been or is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 2 contracts
Samples: Indenture (PRG Schultz International Inc), Indenture (PRG Schultz International Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata PRO RATA basis, by lot or by such in accordance with any other method as the Trustee shall deem considers fair and appropriate. No Notes ; PROVIDED THAT no Note of $2,000 of principal amount 1,000 or less will be redeemed in part. In the event that less than all of the Notes are to be redeemed by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes held by such Holder shall be redeemed. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee provisions of the two preceding paragraphs of this SECTION 3.2 shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If apply with respect to any redemption affecting only a Global Note, whether such Global Note is to be redeemed in part onlywhole or in part. In case of any such redemption in part, the notice of redemption that relates to such Note shall state the unredeemed portion of the principal amount of that the Global Note to shall be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionan authorized denomination.
Appears in 2 contracts
Samples: Indenture (Ram Energy Inc/Ok), Indenture (Ram Energy Inc/Ok)
Selection of Notes to Be Redeemed. If less fewer than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the particular Notes to be redeemed or purchased from the Outstanding Notes by a method that complies with the requirements of any exchange on which the Notes are listed, or, if the Notes are not listed on an exchange, on a pro rata basis, basis or by lot or by such in accordance with any other method as the of Trustee shall deem considers fair and appropriate. No Notes and portions thereof that the Trustee selects shall be in principal amounts equal to $1,000 or any whole multiple thereof. If any Note selected for partial redemption is converted in part before termination of $2,000 the conversion right with respect to the portion of principal amount or less will the Note so selected, the converted portion of such Note shall be deemed to be the portion selected for redemption (provided, however, that the Holder of such Note so converted 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 of such Note). Notes which have been converted during a selection of Notes to be redeemed in part. Except may be treated by the Trustee as provided in Outstanding for the preceding sentence, provisions purpose of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemptionsuch selection. The Trustee shall make promptly notify the selection at least 30 days but not more than 60 days before Company and the Redemption Date from outstanding Registrar in writing of the Notes not previously called selected for redemption and, in the case of any Notes selected for partial redemption, the principal amount thereof to be redeemed. If For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Note is Notes redeemed or to be redeemed only in part onlypart, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note such Notes which has been or is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 2 contracts
Samples: Indenture (Regeneron Pharmaceuticals Inc), Indenture (Resmed Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee particular Notes to be redeemed shall select be selected not more than 60 days and not less than 30 days prior to the Provisional Redemption Date or Optional Redemption Date, as the case may be, by the Company, from the Outstanding Notes not previously called for redemption, on a pro rata basis based on the principal amount of all Notes then outstanding. If any Note selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Note so selected; the converted portion of such Note shall be deemed, solely for purposes of determining the aggregate principal amount of the Notes to be redeemed, to be the portion selected for redemption (provided, however, that the Holder of such Note so converted and deemed redeemed or purchased on shall not be entitled to any additional interest payment as a pro rata basis, result of such deemed redemption than such Holder would have otherwise been entitled to receive upon conversion of such Note). Notes that have been converted during a selection of Notes to be redeemed may be treated by lot or by the Company as Outstanding Notes for the purpose of such other method as the Trustee shall deem fair and appropriateselection. No Notes in denominations of $2,000 of principal amount or less will 1,000 may only be redeemed in partwhole. Except as provided in The Company may select for redemption portions (equal to $1,000 or any multiple thereof) of the preceding sentence, provisions principal of Notes that have denominations larger than $1,000. Provisions of this Indenture Agreement that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee For all purposes of this Agreement, unless the context otherwise requires, all provisions relating to the redemption of Notes shall make relate, in the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If case of any Note is redeemed or to be redeemed only in part onlypart, the notice of redemption that relates to such Note shall state the portion of the principal amount of that such Note which has been or is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Wilson Holdings, Inc.), Securities Purchase Agreement (Wilson Holdings, Inc.)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption shall be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange, if any, on which the Notes to be redeemed or purchased are listed, or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No ; provided that no Notes of $2,000 of principal amount 1,000 or less will shall be redeemed in part. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding principal amount of Notes held by such Holder, even if not a multiple of $1,000, shall be redeemed. A new Note in principal amount equal to the unredeemed portion thereof shall be issued in the name of the Holder thereof upon cancellation of the original Note. The provisions of the two preceding paragraphs of this Section 3.02 shall not apply with respect to any redemption affecting only a Global Certificate, whether such Global Certificate is to be redeemed in whole or in part. In case of any such redemption in part, the unredeemed portion of the principal amount of the Global Certificate shall be in an authorized denomination. On and after the redemption date, unless the Company defaults in payment of the redemption price, interest ceases to accrue on Notes or portions of them called for redemption. Except as provided in the preceding sentencethis Section 3.02, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 2 contracts
Samples: Indenture (Forcenergy Inc), Indenture (Forcenergy Inc)
Selection of Notes to Be Redeemed. If In the event that less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of such Notes for redemption will be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange, if any, on which such Notes to be redeemed or purchased are listed or, if such Notes are not then listed on a national securities exchange, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No ; provided, however, that no Notes of $2,000 of a principal amount at maturity of U.S. $1,000 or less will shall be redeemed in part; provided, further, that if a partial redemption is made with the proceeds of a Public Equity Offering, selection of the Notes or portions thereof for redemption shall be made by the Trustee only on a pro rata basis or on as nearly a pro rata basis as is practicable (subject to DTC procedures), unless such method is otherwise prohibited. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee Notice of redemption shall make be mailed by the selection Company by first-class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes not previously called for redemptionto be redeemed at its registered address. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note at maturity thereof to be redeemed. A new Note in a principal amount at maturity equal to the unredeemed portion of the original Note presented for redemption thereof will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Dateredemption date, unless the Company defaults in paying the applicable Redemption Price, Accreted Value will cease to accrete or interest ceases will cease to accrue or accrete on Notes or portions of them thereof called for redemptionredemption as long as the Company has deposited with the Paying Agent funds in satisfaction of the applicable redemption price pursuant to this Indenture.
Appears in 2 contracts
Samples: Indenture (Universal Compression Inc), Indenture (Universal Compression Holdings Inc)
Selection of Notes to Be Redeemed. If less than all of the a series of Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select the Notes to be redeemed or purchased for redemption on a pro rata basis, by lot basis to the extent practicable or by such other method as is customary with the procedures of DTC, including the application of a "pool factor" to the nominal amount of each Notes, unless otherwise required by law or applicable stock exchange requirements. The Trustee shall deem fair and appropriatenot be liable for selections made by it in accordance with this Section 3.02. No Notes Note of $2,000 of 200,000 in aggregate principal amount or less will shall be redeemed in part. Except as provided part and only Notes in the preceding sentence, provisions integral multiples of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption$1,000 will be redeemed.
01. If any Note is to be redeemed in part only, the notice of redemption that relates to such that Note shall will state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented will be issued in the name of the Holder upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of Notes called for redemption unless the Issuer defaults in making such redemption payment. In relation to Definitive Registered Notes, a new Note in principal amount equal to the unpurchased or unredeemed portion of any Note purchased or redeemed in part will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for On or after any purchase or redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Datedate, unless the Company Issuer defaults in paying payment of the applicable Redemption Pricepurchase or redemption price, interest ceases shall cease to accrue or accrete on Notes or portions of them thereof tendered for purchase or called for redemption.
Appears in 2 contracts
Samples: Indenture (International Game Technology PLC), Indenture (International Game Technology PLC)
Selection of Notes to Be Redeemed. (a) If less than all of the Notes are to be redeemed or purchased in an offer pursuant to purchase Section 3.07 at any time, the Trustee shall select the Notes to be redeemed shall be selected in accordance with the Applicable Procedures, and if the Notes are not held through DTC or purchased DTC prescribes no method of selection, the Trustee will select by lot, on a pro rata basis, by lot basis or by such other method as the Trustee in its sole discretion shall deem to be fair and appropriate. No In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, by the Trustee from the then outstanding Notes not previously called for redemption.
(b) The Trustee shall promptly notify the Issuer in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole number multiples of $1,000; provided that no Notes of $2,000 of in principal amount or less will shall be redeemed in part, except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes held by such Holder, even if not $2,000 or a multiple of $1,000 in excess thereof, shall be redeemed. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make .
(c) After the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any redemption date, upon surrender of a Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A a new Note or Notes in principal amount equal to the unredeemed portion of the original Note presented for redemption will Note, representing the same Indebtedness to the extent not redeemed, shall be issued in the name of the Holder thereof of the Notes upon cancellation of the original Note (or appropriate book entries shall be made to reflect such partial redemption). In the case of a Global Note. Notes called for redemption become irrevocably due , an appropriate notation will be made on such Note to decrease the date fixed for redemption at principal amount thereof to an amount equal to the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionunredeemed portion thereof.
Appears in 2 contracts
Samples: Senior Notes Indenture (Neogen Corp), Senior Notes Indenture (Garden SpinCo Corp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption shall be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange, if any, on which the Notes to be redeemed or purchased are listed, or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No ; provided that no Notes of less than $2,000 of principal amount or less will 1,000 shall be redeemed in part. Notices of redemption shall be mailed by first class mail at least 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion thereof shall be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes 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 that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make As of the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part onlydate hereof, the Notes are not listed on any national securities exchange. The Company shall give notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion Trustee of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and any such listing promptly after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionit becomes effective.
Appears in 2 contracts
Samples: Indenture (Ames Department Stores Inc), Indenture (Ames Department Stores Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes shall be made by the Trustee shall select the Notes to be redeemed or purchased on a pro rata basis, basis or by lot or by such other a method as that complies with the requirements of any exchange on which the Notes are listed and that the Trustee shall deem considers fair and appropriate. No , provided that no Notes of $2,000 of principal amount 1,000 or less will shall be redeemed in part. Except as provided The Trustee shall make the selection not more than 60 days and not less than 30 days before the redemption date from Notes outstanding not previously called for redemption. Notes and portions of Notes selected shall be in the preceding sentence, provisions amounts of $1,000 or integral multiples of $1,000. Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the selection at least 30 days but not more than 60 days before Company promptly of the Redemption Date from outstanding Notes not previously or portions of Notes to be called for redemption. If any Note selected for partial redemption is converted in part after such selection, the converted portion of such Note shall be deemed (so far as may be) to be redeemed the portion to be selected for redemption. The Notes (or portions thereof) so selected shall be deemed duly selected for redemption for all purposes hereunder, notwithstanding that any such Note is converted in whole or in part only, before the mailing of the notice of redemption. Upon any redemption that relates to of less than all the Notes, the Company and the Trustee may treat as outstanding any Notes surrendered for conversion during the period 15 days next preceding the mailing of a notice of redemption and need not treat as outstanding any Note authenticated and delivered during such Note shall state period in exchange for the unconverted portion of the principal amount of that any Note to be redeemed. A new Note converted in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionpart during such period.
Appears in 2 contracts
Samples: Indenture (Akamai Technologies Inc), Indenture (Echostar Communications Corp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee (or Registrar if other than the Trustee) shall select Notes for redemption on a pro rata basis to the extent practicable or by lot or such other similar method in accordance with the procedures of the Depository, unless otherwise required by law or applicable stock exchange requirements (so long as the Trustee has actual knowledge of such listing). In the event of partial redemption by lot, the particular Notes to be redeemed or purchased on a pro rata basisshall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption by lot or by such other method as the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall deem fair promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and appropriate. No portions of Notes selected shall be in minimum amounts of $2,000 or whole multiples of principal $1,000 in excess of $2,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount or less will of Notes held by such Holder, even if not a multiple of $1,000, shall be redeemed in partredeemed. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee No Notes of $2,000 or less shall make the selection be redeemed in part. Notices of redemption shall be mailed by first-class mail or sent electronically at least 30 days 10 but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder to be redeemed, except that redemption notices may be mailed or sent electronically more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the Notes not previously called for redemptionor a satisfaction and discharge of this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to such that Note shall state the portion of the principal amount of that Note that is to be redeemed. A In the case of certificated Notes, a new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will shall be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at redemption, subject to the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Datesatisfaction or waiver of any conditions. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on Notes or portions of them called for redemptionredemption unless the Company defaults in making the applicable redemption payment.
Appears in 2 contracts
Selection of Notes to Be Redeemed. If (a) In the event that less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select selection of the Notes to be redeemed or purchased shall be made by the Trustee on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No equitable; provided, however, that no Notes of $2,000 of a principal amount of $1,000 or less will shall be redeemed in part. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before from the Redemption Date from outstanding Notes not previously called for redemption. If The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note is to be redeemed in part onlyNotes selected for partial redemption, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note the Notes to be redeemed. In the event of a partial redemption by lot, the Trustee shall select the particular Notes to be redeemed not less than 30 nor more than 60 days prior to the relevant Redemption Date from the Outstanding Notes not previously called for redemption. The Company may redeem Notes in denominations of $1,000 only in whole. The Trustee may select for redemption portions (equal to $1,000 or any integral multiple of $1,000) of the principal of Notes that have denominations larger than $1,000. A new Note in a principal amount equal to the unredeemed portion of the original Note presented for redemption thereof will be issued in the name of the Holder thereof upon delivery of the original Note to the Paying Agent and cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases will cease to accrue or accrete on Notes or portions of them thereof called for redemptionredemption as long as the Company has made a deposit with the Paying Agent in U.S. legal tender in satisfaction of the applicable Redemption Price pursuant to this Indenture.
(b) For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to redemption of Notes shall relate, in the case of any Note redeemed or to be redeemed only in part, to the portion of the principal amount of that Note which has been or is to be redeemed.
Appears in 2 contracts
Samples: Indenture (Healthsouth Corp), Indenture (Healthsouth Corp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption will be made by the Trustee shall select the Notes to be redeemed or purchased on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No Notes of $2,000 of principal amount appropriate or less will be redeemed in part. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemptionrequire unless otherwise required by law or applicable stock exchange or depositary requirements. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption, unless a condition precedent to redemption at set forth in the applicable Redemption Pricenotice of redemption as described in Section 4.03 has not been satisfied. The Trustee shall promptly notify the Company and the Registrar in writing of the Notes selected for redemption and, plus accrued and unpaid interest to, but not includingin the case of any Notes selected for partial redemption, the Redemption Dateprincipal amount thereof to be redeemed. On No Notes of $2,000 or less in principal amount can be redeemed or purchased in part. Notes and after portions of Notes selected will be in amounts of $2,000 or whole multiples of $1,000 in excess thereof, except that if all of the Redemption DateNotes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder shall be redeemed or purchased. For purposes of this Indenture, unless the Company defaults context otherwise requires, all provisions relating to redemption of Notes shall relate, in paying the applicable Redemption Pricecase of any of the Notes redeemed or to be redeemed only in part, interest ceases to accrue the portion of the principal amount thereof which has been or accrete on Notes or portions of them called for redemptionis to be redeemed.
Appears in 2 contracts
Samples: Indenture (Bristow Group Inc.), Indenture (Bristow Group Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the Notes to be redeemed by a method that complies with the requirements of the principal national securities exchange, if any, on which the Notes are listed or purchased quoted or, if the Notes are not so listed, on a pro rata basis, by lot or by such any other method as that the Trustee shall deem considers fair and appropriate. No The Trustee shall make the selection not more than 60 days and not less than 30 days before the Redemption Date from Notes outstanding and not previously called for redemption. The Trustee may select for redemption a portion of the principal of any Notes that has a denomination larger than $2,000 of principal amount or less 1,000. Notes and portions thereof will be redeemed in partthe amount of $1,000 or integral multiples of $1,000. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the selection at least 30 days but not more than 60 days before Company promptly of the Redemption Date from outstanding Notes not previously or portions of Notes to be called for redemption. If any Note selected for partial redemption is converted in part after such selection, the converted portion of such Note shall be deemed (so far as may be) to be redeemed the portion to be selected for redemption. The Notes (or portion thereof) so selected shall be deemed duly selected for redemption for all purposes hereof, notwithstanding that any such Note is converted in whole or in part only, before the mailing of the notice of redemption. Upon any redemption that relates to of less than all the Notes, the Company and the Trustee may treat as outstanding any Notes surrendered for conversion during the period of 15 days next preceding the mailing of a notice of redemption and need not treat as outstanding any Note authenticated and delivered during such Note shall state period in exchange for the unconverted portion of the principal amount of that any Note to be redeemed. A new Note converted in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionpart during such period.
Appears in 2 contracts
Samples: Indenture (Agere Systems Inc), Indenture (Agere Systems Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall Registrar will select Notes for redemption as follows:
(1) if the Notes to be redeemed or purchased are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which such Notes are listed; or
(2) if the Notes are not listed on any national securities exchange, on a pro rata basis, by lot basis to the extent practicable or by such other method as the Trustee shall deem fair and appropriatein accordance with customary procedures of DTC. No Notes of $2,000 of principal amount or less will shall be redeemed in part. Except as otherwise provided in the preceding sentenceherein, provisions notices of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection be mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes not previously called for redemptionto be redeemed at its registered address, except that redemption notices may be mailed more than 60 days prior to a redemption date if the notice is issued in connection with Sections 8.2, 8.3 or 8.8 hereof. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall will state the portion of the principal amount of thereof that Note is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original NoteNote (or appropriate adjustments to the amount and beneficial interests in a Global Note will be made, as appropriate). Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases shall cease to accrue or accrete on Notes or portions of them called for redemption so long as the Company has deposited with the paying agent for the Notes funds in satisfaction of the redemption price (including accrued and unpaid interest on the Notes to be redeemed) pursuant to this Indenture. The Registrar shall make the selection from the Notes outstanding and not previously called for redemption as long as the Company has deposited with the Paying Agent funds in satisfaction of the applicable Redemption Price pursuant to this Indenture and shall promptly notify the Company in writing of the Notes selected for redemption. The Registrar may select for redemption portions (equal to $2,000 or any integral multiples of $1,000 thereof) of the principal of the Notes that have denominations larger than $2,000.
Appears in 2 contracts
Samples: Indenture (Nuveen Investments Holdings, Inc.), Indenture (Nuveen Investments Holdings, Inc.)
Selection of Notes to Be Redeemed. If (a) In the event that less than all of the Notes of a given maturity are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the selection of such Notes to be redeemed or purchased shall be made by the Trustee on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No equitable; provided, however, that no Notes of $2,000 of a principal amount of $1,000 or less will shall be redeemed in part. Except as provided in The Trustee shall make the preceding sentence, provisions selection from the outstanding Notes of this Indenture that apply to Notes called for redemption also apply to portions of Notes maturity not previously called for redemption. The Trustee shall make promptly notify the selection at least Company in writing of the Notes selected for redemption and, in the case of any Notes selected for partial redemption, the principal amount of the Notes to be redeemed. In the event of a partial redemption by lot, the Trustee shall select the particular Notes to be redeemed not less than 30 days but not nor more than 60 days before prior to the relevant Redemption Date from outstanding the Outstanding Notes of that maturity not previously called for redemption. If The Company may redeem Notes in denominations of $1,000 only in whole. The Trustee may select for redemption portions (equal to $1,000 or any Note is to be redeemed in part only, the notice integral multiple of redemption that relates to such Note shall state the portion $1,000) of the principal amount of Notes that Note to be redeemedhave denominations larger than $1,000. A new Note in a principal amount equal to the unredeemed portion of the original Note presented for redemption thereof will be issued in the name of the Holder thereof upon delivery of the original Note to the Paying Agent and cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases will cease to accrue or accrete on Notes or portions of them thereof called for redemptionredemption as long as the Company has made a deposit with the Paying Agent in U.S. legal tender in satisfaction of the applicable Redemption Price pursuant to this Indenture.
(b) For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to redemption of Notes shall relate, in the case of any Note redeemed or to be redeemed only in part, to the portion of the principal amount of that Note which has been or is to be redeemed.
Appears in 2 contracts
Samples: Indenture (Healthsouth Corp), Indenture (Healthsouth Corp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased as follows:
(1) if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed; or
(2) if the Notes are not listed on any national securities exchange, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No Notes of $2,000 1,000 of principal amount at maturity or less will be redeemed in part. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection Notices of redemption will be mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes to be redeemed at its registered address. Notices of redemption may not previously called for redemptionbe conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount at maturity of that Note to be redeemed. A new Note in principal amount at maturity equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 2 contracts
Samples: Indenture (Crown Castle International Corp), Indenture (Crown Castle International Corp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee (or the registrar, as applicable) shall select the Notes to be redeemed or purchased among the applicable Holders on a pass-through pro rata basis, basis or by lot or by such other (or, in the case of Notes issued in global form based on a method that most nearly approximates a pass-through pro rata selection as the Trustee shall deem deems fair and appropriate. No appropriate in accordance with the Depository guidelines) unless otherwise required by law or applicable stock exchange or depositary requirements, provided that no Notes of $2,000 of principal amount or less will shall be redeemed in part. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall, promptly notify the Company and the paying agent in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $2,000 or whole multiples of $1,000 to the extent above $2,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes 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 that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make Any such redemption or notice may, at the selection at least 30 days but not Company’s discretion, be subject to one or more than 60 days before conditions precedent, and if so conditioned, the Redemption Date from outstanding redemption date for such Notes not previously called for redemptionmay be extended by the Company pending achievement of such condition precedent. If any Note is condition precedent has not been satisfied or waived prior to be redeemed the redemption date specified in part only, the notice of redemption that relates to such Note shall state redemption, the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal Company should provide written notice to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due Trustee on the date fixed for of redemption at specified in such notice by 10 A.M. EST stating that such condition has not been satisfied or waived as of such date and whether the applicable Redemption Price, plus accrued and unpaid interest to, but redemption shall not including, occur or the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionredemption date shall be extended.
Appears in 1 contract
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the The Trustee shall select the Notes to be redeemed or purchased among the Holders in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata basis, basis or by lot or by such other similar method as in accordance with the Trustee shall deem fair and appropriate. No procedures of the Depositary; provided that no Notes of $2,000 of principal amount or less will shall be purchased or redeemed in part. Except as provided in the preceding sentence, provisions Notices of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection be delivered at least 30 days (or such shorter period as is specifically required in respect of any Special Mandatory Redemption) but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes not previously called for redemptionto be redeemed. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note (or if a Global Note, an adjustment shall be made on the Schedule of Exchanges of Interest attached thereto). Notes called for redemption become irrevocably due on the date fixed for redemption, provided that notices of redemption may be conditioned at the applicable Redemption Pricedirection of the Issuer on one or more conditions precedent, plus accrued such as the closing of a Change of Control or a financing transaction. The Issuer shall provide prompt written notice to the Trustee rescinding any such conditional redemption in the event that any such condition precedent shall not have occurred, and unpaid interest to, but not includingthereafter such redemption and notice of redemption shall be rescinded and of no force or effect. Upon receipt of such notice from the Issuer rescinding such conditional redemption, the Redemption DateTrustee shall promptly send a copy of such notice to the Holders of the Notes to be redeemed. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on Notes or portions of them called for redemption, so long as the Issuer has deposited with the paying agent funds sufficient to pay the principal of and premium, if any, plus accrued and unpaid interest, if any, on the Notes to be redeemed. The Trustee shall make the selection from the Notes outstanding and not previously called for redemption and if the Notes are Certificated Notes shall promptly notify the Issuer in writing of the Notes selected for redemption. The Trustee may select for redemption portions (equal to $1,000 or any integral multiple thereof) of the principal of the Notes that have denominations larger than $2,000.
Appears in 1 contract
Samples: Indenture (Schulman a Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the Notes to be redeemed by a method that complies with the requirements of the principal national securities exchange, if any, on which the Notes are listed or purchased quoted or, if the Notes are not so listed, on a pro rata basis, basis by lot or by such any other method as that the Trustee shall deem considers fair and appropriate. No The Trustee shall make the selection not more than 60 days and not less than 30 days before the Redemption Date from Notes outstanding and not previously called for redemption. The Trustee may select for redemption a portion of the principal of any Notes that has a denomination larger than $2,000 of principal amount or less 1,000. Notes and portions thereof will be redeemed in partthe amount of $1,000 or integral multiples of $1,000. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the selection at least 30 days but not more than 60 days before Company promptly of the Redemption Date from outstanding Notes not previously or portions of Notes to be called for redemption. If any Note selected for partial redemption is converted in part after such selection, the converted portion of such Note shall be deemed (so far as possible) to be redeemed the portion to be selected for redemption. The Notes (or portion thereof) so selected shall be deemed duly selected for redemption for all purposes hereof, and Holders shall receive the Make Whole Payment, if any, notwithstanding that any such Note is converted in whole or in part only, before the mailing of the notice of redemption. Upon any redemption that relates to of less than all the Notes, the Company and the Trustee may treat as outstanding any Notes surrendered for conversion during the period of 15 days next preceding the mailing of a notice of redemption and need not treat as outstanding any Note authenticated and delivered during such Note shall state period in exchange for the unconverted portion of any Note converted in part during such period. In the principal amount event of that any redemption of less than all the Notes, the Company will not be required to (i) issue or register the transfer or exchange of any Note during a period of 15 days next preceding the mailing of a notice of redemption for such Notes for redemption, or (ii) register the transfer or exchange of any Note so selected for redemption, in whole or in part, except the unredeemed portion of any Note being redeemed in part, in which case the Company will execute and the Trustee will authenticate and deliver to be redeemed. A the holder a new Note equal in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionsurrendered.
Appears in 1 contract
Samples: Supplemental Indenture (Level 3 Communications Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the Notes to be redeemed or purchased by a method that complies with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem considers fair and appropriate. No The Trustee shall make the selection not more than 60 days and not less than 30 days before the redemption date from Notes outstanding not previously called for redemption. The Trustee may select for redemption portions of the principal of Notes that have denominations larger than $1,000. Notes and portions of them it selects shall be in principal amounts of $2,000 1,000 or integral multiples of principal amount or less will be redeemed in part$1,000. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the selection at least 30 days but not more than 60 days before Company promptly of the Redemption Date from outstanding Notes not previously or portions of Notes to be called for redemption. If any Note selected for partial redemption is converted in part after such selection, the converted portion of such Note shall be deemed (so far as may be) to be redeemed the portion to be selected for redemption. The Notes (or portions thereof) so selected shall be deemed duly selected for redemption for all purposes hereof, notwithstanding that any such Note is converted in whole or in part only, before the mailing of the notice of redemption. Upon any redemption that relates to of less than all the Notes, the Company and the Trustee may treat as outstanding any Notes surrendered for conversion during the period 15 days next preceding the mailing of a notice of redemption and need not treat as outstanding any Note authenticated and delivered during such Note shall state period in exchange for the unconverted portion of the principal amount of that any Note to be redeemed. A new Note converted in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionpart during such period.
Appears in 1 contract
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so 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. No ; provided that no Notes of $2,000 of principal amount 1,000 or less will be redeemed in part. In the event that less than all of the Notes are to be redeemed by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes 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 that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee provisions of the two preceding paragraphs of this Section 3.2 shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If apply with respect to any redemption affecting only a Global Note, whether such Global Note is to be redeemed in part onlywhole or in part. In case of any such redemption in part, the notice of redemption that relates to such Note shall state the unredeemed portion of the principal amount of that the Global Note to shall be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionan authorized denomination.
Appears in 1 contract
Samples: Indenture (Taylor Companies Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No appropriate (and in a manner that complies with applicable legal requirements); provided that no Notes of $2,000 of principal amount 100 or less will shall be redeemed in part. Except as provided in the preceding sentence, provisions Notices of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection be mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes to be redeemed at its registered address. Notices of redemption may not previously called for redemptionbe conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on Notes or portions of them called for redemption. The Trustee shall make the selection from the Notes outstanding and not previously called for redemption and shall promptly notify AirGate in writing of the Notes selected for redemption. The Trustee may select for redemption portions (equal to $1,000 or any integral multiple thereof) of the principal of the Notes that have denominations larger than $100.
Appears in 1 contract
Samples: Indenture (Airgate PCS Inc /De/)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall Registrar will select Notes for redemption as follows:
(1) if the Notes to be redeemed or purchased are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which such Notes are listed; or
(2) if the Notes are not listed on any national securities exchange, on a pro rata basis, by lot basis to the extent practicable or by such other method as the Trustee shall deem fair and appropriatein accordance with customary procedures of DTC. No Notes of $2,000 of principal amount or less will shall be redeemed in part. Except as otherwise provided in the preceding sentenceherein, provisions notices of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection be mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes not previously called for redemptionto be redeemed at its registered address, except that redemption notices may be mailed more than 60 days prior to a redemption date if the notice is issued in connection with Sections 8.2, 8.3 or 8.8 hereof. Notices of redemption may, at the Company’s discretion, be conditioned on the satisfaction of one or more conditions, including the consummation of any acquisition or financing transaction. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall will state the portion of the principal amount of thereof that Note is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original NoteNote (or appropriate adjustments to the amount and beneficial interests in a Global Note will be made, as appropriate). Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases will cease to accrue or accrete on Notes or portions of them called for redemption. The Registrar shall make the selection from the Notes outstanding and not previously called for redemption as long as the Company has deposited with the Paying Agent funds in satisfaction of the applicable Redemption Price pursuant to this Indenture and shall promptly notify the Company in writing of the Notes selected for redemption. The Registrar may select for redemption portions (equal to $2,000 or any integral multiples of $1,000 thereof) of the principal of the Notes that have denominations larger than $2,000.
Appears in 1 contract
Samples: Indenture (VWR Funding, Inc.)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select Notes for redemption as follows:
(a) if the Notes to be redeemed are listed for trading on a national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are so listed; or
(b) if the Notes are not so listed or purchased there are no such requirements, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No Notes of $2,000 of principal amount 1,000 or less will shall be redeemed in part. Except as provided in the preceding sentence, provisions Notices of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection be mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes to be redeemed at its registered address. Notices of redemption may not previously called for redemptionbe conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to such that Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest (including Additional Interest, if applicable) ceases to accrue or accrete on Notes or portions of them called for redemptionredemption unless the Issuers default in making such redemption payment.
Appears in 1 contract
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as customarily authorized by the Trustee shall deem fair clearing systems (and appropriate. No in a manner that complies with applicable requirements of the Depositary); provided that no Notes of $2,000 of principal amount or less will shall be redeemed in part. Except as provided Notices of redemption shall be sent to DTC, in the preceding sentencecase of Global Notes, provisions or shall be shall be sent electronically or mailed by first class mail, in the case of this Indenture that apply to Certificated Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes not previously called for redemptionto be redeemed at its registered address. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note thereof to be redeemed. A In the case of Certificated Notes, a new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on In the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not includingcase of Global Notes, the Redemption Dateoutstanding balance of any such Global Note shall be adjusted by the Trustee to reflect such redemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on Notes or portions of them called for redemption. The Trustee shall make the selection from the Notes outstanding and not previously called for redemption and shall promptly notify the Issuer in writing of the Notes selected for redemption. The Trustee may select for redemption portions (equal to $1,000 or any integral multiple thereof) of the principal of the Notes that have denominations larger than $2,000.
Appears in 1 contract
Selection of Notes to Be Redeemed. If less than all In the case of any partial redemption, selection of the Notes are to for redemption shall be redeemed or purchased in an offer to purchase at any time, made by the Trustee shall select not more than 60 days prior to the Notes to be redeemed or purchased redemption date on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No Notes of $2,000 of principal amount or less will be redeemed appropriate (and in part. Except such manner as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemptioncomplies with Applicable Procedures). If any Note is to be redeemed in part only, the notice of redemption that relates relating to such Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will thereof shall be issued in the name of the Holder thereof upon cancellation of the original Note. At least thirty (30) days but not more than sixty (60) days before a redemption date, the Issuer shall mail or cause to be mailed by first class mail, postage prepaid, a notice of redemption to each Holder whose Notes are to be redeemed.
(i) the amount of Notes of each series being redeemed;
(ii) the redemption date;
(iii) the redemption price, accrued interest to the redemption date and any other amount owing in respect of the Notes as of the redemption date;
(iv) the name and address of a Paying Agent;
(v) that, unless the redemption is pro rata, Notes called for redemption become irrevocably due on must be surrendered to a Paying Agent to collect the date fixed for redemption at the applicable Redemption Priceprice, plus accrued interest and unpaid interest to, but not includingany other amount owing in respect of the Notes as of the redemption date;
(vi) if fewer than all the outstanding Notes of a series are to be redeemed, the Redemption Date. On certificate numbers and principal amounts of the particular Notes to be redeemed, or if any Note is to be redeemed in part only, the portion of the principal amount of the Note that is to be redeemed;
(vii) that, unless the Issuer defaults in making such redemption payment, interest on Notes (or portion thereof) called for redemption ceases to accrue on and after the Redemption Dateredemption date;
(viii) the CUSIP number, unless ISIN or “Common Code” number, if any, printed on the Company defaults Notes being redeemed;
(ix) that no representation is made as to the correctness or accuracy of the CUSIP number or ISIN or “Common Code” number, if any, listed in paying such notice or printed on the Notes; and
(x) the applicable Redemption Priceprovision in this Indenture or the Notes pursuant to which the Issuer is redeeming such Notes. At the Issuer’s request, interest ceases to accrue or accrete on Notes or portions the Trustee shall give the notice of them called for redemptionredemption in the Issuer’s name and at the Issuer’s expense, provided that the Issuer shall provide the Trustee with the foregoing information not less than thirty-five (35) days before the redemption date.
Appears in 1 contract
Samples: Indenture
Selection of Notes to Be Redeemed. If less than all In the case of any partial redemption, selection of the Notes for redemption will be made in accordance with the procedures of DTC or, if the Notes are to be redeemed or purchased in an offer to purchase at any timenot then on deposit with DTC, the Trustee shall will select the Notes to be redeemed or purchased on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No ; provided that no Notes of $2,000 of principal amount or less will shall be redeemed in part. Except as provided The Trustee shall make the selection from outstanding Notes not previously called for redemption. The Trustee may select for redemption portions of the principal of Notes that have denominations larger than $2,000. Notes and portions of them that the Trustee selects shall be in the preceding sentence, provisions principal amounts of $2,000 or any integral multiple of $1,000 in excess thereof. Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the selection at least 30 days but not more than 60 days before Company as soon as practicable of the Redemption Date from outstanding Notes not previously called for redemptionor portions of Notes to be redeemed. If any After the redemption date, upon surrender of the Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A a new Note or Notes in principal amount equal to the unredeemed portion of the original Note presented for redemption will representing the same Indebtedness to the extent not redeemed shall be issued in the name of the Holder thereof of the Notes upon cancellation of the original NoteNote (or appropriate book entries shall be made to reflect such partial redemption). Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Dateredemption date, interest ceases to accrue on the Notes or portions thereof called for redemption, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions delivery of them called for redemptionthe redemption amount.
Appears in 1 contract
Selection of Notes to Be Redeemed. (a) If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes not more than 90 days prior to the redemption date, or otherwise in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so 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 appropriatereasonable. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 90 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption.
(b) The Trustee shall promptly notify the Co-Obligors in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount at maturity thereof to be redeemed. No Notes in amounts of $2,000 of principal amount 1,000 or less will shall be redeemed in part. The Trustee may select for redemption portions of the principal of Notes that have denominations larger than $1,000. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000 in excess thereof; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes 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 that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee Redemptions pursuant to Section 3.07(b) hereof shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal made on a pro rata basis or on as nearly a pro rata basis as practicable (subject to the unredeemed portion provisions of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue DTC or accrete on Notes or portions of them called for redemptionother depositary).
Appears in 1 contract
Samples: Indenture (Duane Reade)
Selection of Notes to Be Redeemed. If less than all of the outstanding Notes are to be redeemed or purchased in an offer to purchase at any timeby the Company, the Trustee Trustee, on behalf of the Company, shall select the outstanding Notes to be redeemed or purchased in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not listed on such an exchange the Trustee, on behalf of the Company, shall select the outstanding Notes to be redeemed on a pro rata basis, by lot or by such any other method as that the Trustee deems fair and appropriate; provided, that a redemption pursuant to the provisions relating to Public Equity Offerings will be on a pro rata basis. Notes redeemed in part shall only be redeemed in integral multiples of $1,000. If the Company elects to mail notice of a redemption to Holders, the Trustee shall deem fair at least five days prior to the date notice of redemption is to be mailed, (i) select, on behalf of the Company, the Notes to be redeemed from Notes outstanding not previously called for redemption, and appropriate(ii) notify the Company of the names of each Holder of Notes selected for redemption, the principal amount of Notes held by each such Holder and the principal amount of such Holder's Notes that are to 35 -28- be redeemed. No The Trustee shall select for redemption Notes or portions of Notes in principal amounts of $2,000 1,000 or integral multiples of principal amount or less will be redeemed in part$1,000. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the selection at least 30 days but not more than 60 days before Company promptly of the Redemption Date from outstanding Notes not previously or portions of Notes to be called for redemption. If any Note is to be redeemed in part only, The Company shall notify the notice Trustee of redemption that relates to such Note shall state the portion its acceptance for payment of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called selected for redemption.
Appears in 1 contract
Selection of Notes to Be Redeemed. If less fewer than all of --------------------------------- the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the particular Notes to be redeemed or purchased from the outstanding Notes by a method that complies with the requirements of any exchange on which the Notes are listed, or, if the Notes are not listed on an exchange, on a pro rata basis, basis or by lot or by such in accordance with any other method as the of Trustee shall deem considers fair and appropriate. No Notes and portions thereof that the Trustee selects shall be in principal amounts equal to $1,000 or any whole multiple thereof. If any Note selected for partial redemption is converted in part before termination of $2,000 the conversion right with respect to the portion of principal amount or less will the Note so selected, the converted portion of such Note shall be deemed to be the portion selected for redemption (provided, however, that the Holder of such Note so converted 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 of such Note). Notes which have been converted during a selection of Notes to be redeemed in part. Except may be treated by the Trustee as provided in outstanding for the preceding sentence, provisions purpose of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemptionsuch selection. The Trustee shall make promptly notify the selection at least 30 days but not more than 60 days before Company and the Redemption Date from outstanding Registrar in writing of the Notes not previously called selected for redemption and, in the case of any Notes selected for partial redemption, the principal amount thereof to be redeemed. If For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Note is Notes redeemed or to be redeemed only in part onlypart, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note such Notes which has been or is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 1 contract
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the The Trustee shall select the Notes to be redeemed or purchased among the Holders in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No appropriate (and in a manner that complies with applicable requirements of the Depositary); provided that no Notes of $2,000 of principal amount or less will shall be redeemed in part. Except as provided in Notices of redemption shall be sent electronically (to the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection extent permitted by applicable procedures or regulations) or mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes not previously called for redemptionto be redeemed at its registered address. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on Notes or portions of them thereof called for redemption. The Trustee shall make the selection from the Notes outstanding and not previously called for redemption and shall promptly notify the Company in writing of the Notes selected for redemption. The Trustee may select for redemption portions (equal to $1,000 or any integral multiple thereof) of the principal of the Notes that have denominations larger than $2,000; provided that no Notes of less that $2,000 remain outstanding after such redemption.
Appears in 1 contract
Samples: Supplemental Indenture (Olin Corp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption shall be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange, if any, on which the Notes to be redeemed or purchased are listed, or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No ; provided that no Notes of less than $2,000 of principal amount or less will 1,000 shall be redeemed in part. Notices of redemption shall be mailed by first class mail at least 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion thereof shall be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes 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 that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make As of the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part onlydate hereof, the Notes are not listed on any national securities exchange. The Company shall give written notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion Trustee of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and any such listing promptly after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionit becomes effective.
Appears in 1 contract
Samples: Indenture (Blount International Inc)
Selection of Notes to Be Redeemed. If less fewer than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the particular Notes to be redeemed or purchased from the outstanding Notes by a method that complies with the requirements of any exchange on which the Notes are listed, or, if the Notes are not listed on an exchange, on a pro rata basis, basis or by lot or by such in accordance with any other method as the Trustee shall deem considers fair and appropriate. No Notes and portions thereof that the Trustee selects shall be in principal amounts equal to whole multiples of no less than $2,000 1,000. If any Note selected for partial redemption is converted in part before termination of principal amount or less will the conversion right with respect to the portion of the Note so selected, the converted portion of such Note shall be deemed to be the portion selected for redemption (provided, however, that the Holder of such Note so converted and deemed redeemed shall not be entitled to any interest payment as a result of such deemed redemption in excess of such interest as such Holder would have otherwise been entitled to receive upon conversion of such Note). Notes that have been converted during a selection of Notes to be redeemed in part. Except may be treated by the Trustee as provided in outstanding for the preceding sentence, provisions purpose of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemptionsuch selection. The Trustee shall make promptly notify the selection at least 30 days but not more than 60 days before Company and the Redemption Date from outstanding Registrar in writing of the Notes not previously called selected for redemption and, in the case of any Notes selected for partial redemption, the principal amount thereof to be redeemed. If For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Note is Notes redeemed or to be redeemed only in part onlypart, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note such Notes which has been or is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 1 contract
Samples: Indenture (Finisar Corp)
Selection of Notes to Be Redeemed. If less than all In the case of the Notes are to be redeemed or purchased in an offer to purchase at any timepartial redemption, the Trustee shall Registrar will select the Notes to be redeemed or purchased on a for redemption pro rata basisrata, by lot or by such other method as the Trustee Registrar shall deem fair and appropriate. No appropriate and Euroclear and Clearstream will select the Notes in accordance with the procedures of $2,000 Euroclear and Clearstream or the relevant clearing system (including by the pro rata reduction of the principal amount of all Notes by the application of a “pool factor” in accordance with the normal procedures of Euroclear and Clearstream); provided that no Notes in denominations of €100,000 or less will shall be redeemed in part. Except as provided The Registrar shall make the selection from outstanding Notes not previously called for redemption. The Registrar may select for redemption portions of the principal of Notes that have denominations larger than €100,000. Notes and portions of them that the Registrar selects shall be in the preceding sentence, provisions principal amounts of €100,000 or any integral multiple of €1,000 in excess thereof. Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Registrar shall notify the Issuers and the Trustee shall make as soon as practicable of the selection at least 30 days but not more than 60 days before Notes or portions of Notes to be redeemed. After the Redemption Date from outstanding Notes not previously called for redemption. If any redemption date, upon surrender of the Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A a new Note or Notes in principal amount equal to the unredeemed portion of the original Note presented for redemption will representing the same Indebtedness to the extent not redeemed shall be issued in the name of the Holder thereof of the Notes upon cancellation of the original NoteNote (or appropriate book entries shall be made to reflect such partial redemption). Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on the Notes or portions of them thereof called for redemption, unless the Issuers default in the delivery of the redemption amount. If and for so long as any Notes are listed on the Official List of the Luxembourg Stock Exchange and admitted to trading on the Euro MTF and the rules of the Luxembourg Stock Exchange so require, any redemption notice to the Holders of the relevant Notes shall also be published in a newspaper having a general circulation in Luxembourg (which is expected to be the Luxemburger Wort) or, to the extent and in the manner permitted by such rules, post such notice on the official website of the Luxembourg Stock Exchange (xxx.xxxxxx.xx), and, in connection with any redemption, the Company will notify the Luxembourg Stock Exchange of any change in the principal amount of Notes outstanding.
Appears in 1 contract
Samples: Indenture (Tenneco Inc)
Selection of Notes to Be Redeemed. If less fewer than all of the outstanding Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, unless the procedures of the Depositary provide otherwise, the Trustee shall select the Notes to be redeemed by lot or purchased on a pro rata basis, by lot basis or by such other another method as the Trustee shall deem considers fair and appropriate. No The Trustee shall make the selection within five Business Days after it receives the notice provided for in Section 3.1 from outstanding Notes not previously called for redemption. Notes and portions of Notes that the Trustee selects shall be in principal amounts of $2,000 of principal amount 1,000 or less will be redeemed in partan integral multiple thereof. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the selection at least 30 days but not more than 60 days before Company promptly of the Notes or portions of the Notes to be redeemed. Notes and portions of Notes that are to be redeemed are convertible by the Holder until 5:00 p.m., New York City time, on the second Business Day immediately preceding the Redemption Date from outstanding Notes not previously called for redemptionDate. If any Note selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Note so selected, the converted portion of such Note shall be deemed (so far as may be) to be the portion selected for redemption and the Trustee shall select additional Notes to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note manner provided in principal this Section 3.2 and Section 3.3 in an amount equal to the unredeemed portion Notes that would have been redeemed but for their conversion prior to the termination of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Notetheir conversion right. Notes called which have been converted during a selection of Notes to be redeemed may be treated by the Trustee as outstanding for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions purpose of them called for redemptionsuch selection.
Appears in 1 contract
Samples: Indenture (Synaptics Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption shall be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange, if any, on which the Notes to be redeemed or purchased are listed, or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No ; provided that no Notes of $2,000 of principal amount 100,000 or less will shall be redeemed in part. Notices of redemption shall be mailed by first class mail at least 30 but not more than 60 days before the redemption date to each Holder of Notes to be redeemed at its registered address. Notices of redemption may not be conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion thereof shall be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $100,000 or whole multiples of $1,000 in excess thereof; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes 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 that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 1 contract
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select the Notes to be redeemed or purchased for redemption on a pro rata basis, basis or by lot or by such some other method as the Trustee shall deem in its sole discretion deems fair and appropriateappropriate of the Notes unless otherwise required by law or applicable stock exchange requirements. The Trustee will not be liable for selections made by it in accordance with this Section 3.02. No Notes of $2,000 of principal amount 200,000 or less will shall be purchased or redeemed in part. Except as provided in the preceding sentence, provisions Notices of this Indenture that apply purchase or redemption shall be given to Notes called for redemption also apply each Holder pursuant to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemptionSections 3.03 and 13.01. If any Note is to be redeemed in part only, the notice of redemption that relates to such that Note shall will state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented will be issued in the name of the Holder of Notes upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of Notes called for redemption. In relation to Definitive Registered Notes, a new Note in principal amount equal to the unpurchased or unredeemed portion of any Note purchased or redeemed in part will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for On or after any purchase or redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Datedate, unless the Company Issuer defaults in paying payment of the applicable Redemption Pricepurchase or redemption price, interest ceases shall cease to accrue or accrete on Notes or portions of them thereof tendered for purchase or called for redemption.
Appears in 1 contract
Samples: Indenture (Sappi LTD)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select the Notes to be redeemed or purchased among the Holders in compliance with (i) any applicable legal requirements and (ii) the requirements of any securities exchange on which the Notes are then listed or, if the Notes are not so 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. No Notes appropriate and as complies with any applicable legal requirements (in each case the requirements shall be set forth to the Trustee in an Officer's Certificate of $2,000 of the Company); provided that no partial redemption shall result in any Note having an unpaid principal amount or less that is not an integral multiple of U.S.$1.00. In the event of partial redemption by lot, the particular Notes to be redeemed will be redeemed in part. Except as selected, unless otherwise provided in the preceding sentenceherein, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least not 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 Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption thereof will be issued in the name of the Holder thereof upon cancellation of the original NoteNote and will be made available at the office of the Registrar or any transfer agent. The Trustee will promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected will be in amounts of U.S.$1.00 or integral multiples of U.S.$1.00; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes held by such Holder, even if not an integral multiple of U.S.$1.00, will be redeemed. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on Notes or portions of them thereof called for redemption.
Appears in 1 contract
Selection of Notes to Be Redeemed. If less fewer than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the particular Notes to be redeemed or purchased from the outstanding Notes by a method that complies with the requirements of any exchange on which the Notes are listed, or, if the Notes are not listed on an exchange, on a pro rata basis, basis or by lot or by such in accordance with any other method as the of Trustee shall deem considers fair and appropriate. No Notes and portions thereof that the Trustee selects shall be in principal amounts equal to $1,000 or any whole multiple thereof. If any Note selected for partial redemption is converted in part before termination of $2,000 the conversion right with respect to the portion of principal amount or less will the Note so selected, the converted portion of such Note shall be deemed to be the portion selected for redemption (provided, however, that the Holder of such Note so converted 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 of such Note). Notes which have been converted during a selection of Notes to be redeemed in part. Except may be treated by the Trustee as provided in outstanding for the preceding sentence, provisions purpose of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemptionsuch selection. The Trustee shall make promptly notify the selection at least 30 days but not more than 60 days before Company and the Redemption Date from outstanding Registrar in writing of the Notes not previously called selected for redemption and, in the case of any Notes selected for partial redemption, the principal amount thereof to be redeemed. If For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Note is Notes redeemed or to be redeemed only in part onlypart, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note such Notes which has been or is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 1 contract
Samples: Indenture (Profit Recovery Group International Inc)
Selection of Notes to Be Redeemed. If less than all In the case of the Notes are to be redeemed or purchased in an offer to purchase at any timepartial redemption, the Trustee shall Registrar will select the Notes to be redeemed or purchased on a for redemption pro rata basisrata, by lot or by such other method as in accordance with the Trustee shall deem fair procedures of Euroclear and appropriate. No Notes Clearstream or the relevant clearing system (including by the pro rata reduction of $2,000 of the principal amount of all Notes by the application of a "pool factor" in accordance with the normal procedures of Euroclear and Clearstream); provided that no Notes in denominations of €100,000 or less will shall be redeemed in part. Except as provided The Registrar shall make the selection from outstanding Notes not previously called for redemption. The Registrar may select for redemption portions of the principal of Notes that have denominations larger than €100,000. Notes and portions of them that the Registrar selects shall be in the preceding sentence, provisions principal amounts of €100,000 or any integral multiple of €1,000 in excess thereof. Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Registrar shall notify the Issuer and the Trustee shall make as soon as practicable of the selection at least 30 days but not more than 60 days before Notes or portions of Notes to be redeemed. After the Redemption Date from outstanding Notes not previously called for redemption. If any redemption date, upon surrender of the Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A a new Note or Notes in principal amount equal to the unredeemed portion of the original Note presented for redemption will representing the same Indebtedness to the extent not redeemed shall be issued in the name of the Holder thereof of the Notes upon cancellation of the original NoteNote (or appropriate book entries shall be made to reflect such partial redemption). Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on the Notes or portions of them thereof called for redemption, unless the Issuer defaults in the delivery of the redemption amount.
Appears in 1 contract
Samples: Indenture (Kronos Worldwide Inc)
Selection of Notes to Be Redeemed. If less fewer than all of the Notes of a series are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Company shall deliver to the Trustee, at least three Business Days before the notice of redemption is to be sent to Holders (unless the Trustee shall agrees to a shorter period of time), an Officers’ Certificate requesting the Trustee select the Notes of such series to be redeemed. The Trustee shall, subject to applicable law, select the Notes of such series to be redeemed or purchased on a pro rata basisrata, by lot or by such other method as the Trustee shall deem fair in its sole discretion deems appropriate and appropriatefair. No Notes of a principal amount of $2,000 of principal amount or less will be redeemed in part. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such the Note shall will state the portion of the principal amount of that the Note to be redeemed. A new Note in a principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof holder of the Note upon surrender for cancellation of the original Note. For so long as the Notes are held by the Depositary, the redemption of the Notes shall be done in accordance with the policies and procedures of the Depositary. The Trustee shall make the selection of Notes to be redeemed from outstanding Notes of such series not previously called for redemption. Provisions of this Twelfth Supplemental Indenture that apply to the Notes called for redemption become irrevocably due on also apply to portions of the date fixed Notes called for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless The Trustee shall notify the Company defaults in paying promptly of the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionthe Notes to be redeemed.
Appears in 1 contract
Selection of Notes to Be Redeemed. If less than all of the a series of Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select the Notes to be redeemed or purchased for redemption on a pro rata basis, by lot basis to the extent practicable or by such other method as is customary with the procedures of Euroclear or Clearstream (as applicable), including the application of a “pool factor” to the nominal amount of each Notes, unless otherwise required by law or applicable stock exchange requirements. The Trustee shall deem fair and appropriatenot be liable for selections made by it in accordance with this Section 3.02. No Notes Note of $2,000 of €100,000 in aggregate principal amount or less will shall be redeemed in part. Except as provided part and only Notes in the preceding sentence, provisions integral multiples of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption€1,000 will be redeemed.
01. If any Note is to be redeemed in part only, the notice of redemption that relates to such that Note shall will state the portion of the principal amount of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented will be issued in the name of the Holder upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of Notes called for redemption unless the Issuer defaults in making such redemption payment. In relation to Definitive Registered Notes, a new Note in principal amount equal to the unpurchased or unredeemed portion of any Note purchased or redeemed in part will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for On or after any purchase or redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Datedate, unless the Company Issuer defaults in paying payment of the applicable Redemption Pricepurchase or redemption price, interest ceases shall cease to accrue or accrete on Notes or portions of them thereof tendered for purchase or called for redemption.
Appears in 1 contract
Selection of Notes to Be Redeemed. If less than all of the Senior Notes are to be redeemed at any time, except as provided in Section 3.09, the Trustee shall select the Senior Notes to be redeemed or purchased in an offer to purchase at any timecompliance with the requirements of the principal national securities exchange, if any, on which the Trustee shall select Senior Notes are listed, or, if the Senior Notes to be redeemed or purchased are not so listed, on a pro rata basis, by lot or in accordance with any other method the Trustee considers fair and appropriate (and in such manner as complies with applicable legal and stock exchange requirements, if any), provided that no Senior Notes with a principal amount of $1,000 or less shall be redeemed or purchased in part. A new Senior Note in principal amount equal to the unredeemed or unpurchased portion shall be issued in the name of the holder thereof upon cancellation of the original Senior Note. On and after the redemption or purchase date, interest shall cease to accrue on the Senior Notes or portions of them called for redemption or purchase. In the event of partial redemption by lot, the particular Senior Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Senior Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Senior Notes selected for redemption and, in the case of any Senior Note selected for partial redemption, the principal amount thereof to be redeemed. Senior Notes and portions of them selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Senior Notes of a holder are to be redeemed, the entire outstanding amount of Senior Notes held by such other method as the Trustee shall deem fair and appropriate. No Notes holder, even if not a multiple of $2,000 of principal amount or less will 1,000, shall be redeemed in partredeemed. Except as provided in the preceding sentence, provisions of this Indenture that apply to Senior Notes called for redemption also apply to portions of Senior Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 1 contract
Samples: Senior Note Indenture (Intermedia Communications Inc)
Selection of Notes to Be Redeemed. If less than all of the --------------------------------- Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the Notes to be redeemed or purchased in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed, or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No The Trustee shall make the selection not more than 60 days and not less than 15 days before the redemption date from Notes outstanding not previously called for redemption. The Trustee may select for redemption portions of the principal of Notes that have denominations larger than $1,000. Notes and portions of them it selects shall be in amounts of $2,000 1,000 or integral multiples of principal amount or less will be redeemed in part$1,000. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the selection at least 30 days but not more than 60 days before Company and each Registrar promptly of the Redemption Date from outstanding Notes not previously or portions of Notes to be called for redemption. If any Note selected for partial redemption is converted in part after such selection, the converted portion of such Note shall be deemed (so far as may be) to be redeemed the portion to be selected for redemption. The Notes (or portions thereof) so selected shall be deemed duly selected for redemption for all purposes hereof, notwithstanding that any such Note is converted in whole or in part only, before the mailing of the notice of redemption. Upon any redemption that relates to of less than all the Notes, the Company and the Trustee may treat as outstanding any Notes surrendered for conversion during the period 15 days next preceding the mailing of a notice of redemption and need not treat as outstanding any Note authenticated and delivered during such Note shall state period in exchange for the unconverted portion of the principal amount of that any Note to be redeemed. A new Note converted in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionpart during such period.
Appears in 1 contract
Selection of Notes to Be Redeemed. If less fewer than all of the outstanding Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, unless the procedures of the Depositary provide otherwise, the Trustee shall select the Notes to be redeemed by lot or purchased on a pro rata basis, by lot basis or by such other another method as the Trustee shall deem considers fair and appropriate. No The Trustee shall make the selection within five Business Days after it receives the notice provided for in Section 3.1 from outstanding Notes not previously called for redemption. Notes and portions of Notes that the Trustee selects shall be in principal amounts of $2,000 of principal amount 1,000 or less will be redeemed in partan integral multiple thereof. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the selection at least 30 days but not more than 60 days before Company promptly of the Notes or portions of the Notes to be redeemed. Notes and portions of Notes that are to be redeemed are convertible by the Holder until 5:00 p.m., New York City time, on the second Business Day immediately preceding the Redemption Date from outstanding Notes not previously called for redemptionDate. If any Note selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Note so selected, the converted portion of such Note shall be deemed (so far as may be) to be the portion selected for redemption and the Trustee shall select additional Notes to be redeemed in part only, the notice manner provided in the first paragraph of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note this Section 3.2 in principal an amount equal to the unredeemed portion Notes that would have been redeemed but for their conversion prior to the termination of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Notetheir conversion right. Notes called which have been converted during a selection of Notes to be redeemed may be treated by the Trustee as outstanding for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions purpose of them called for redemptionsuch selection.
Appears in 1 contract
Samples: Indenture (CTS Corp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No appropriate (and in a manner that complies with applicable legal requirements); provided that no Notes of $2,000 of principal amount or less will shall be redeemed in partpart (or if a PIK Payment has been made, no PIK Notes of $1.00 or less). Except as provided in the preceding sentence, provisions Notices of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection be mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes not previously called for redemptionto be redeemed at its registered address; provided that redemption notices may be mailed more than 60 days prior to a redemption date if the notice is issued in connection with Sections 8.2, 8.3 or 8.8 hereof. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on Note (or appropriate adjustments to the date fixed for redemption at the applicable Redemption Priceamount and beneficial interests in a Global Note will be made, plus accrued and unpaid interest to, but not including, the Redemption Dateas appropriate). On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases will cease to accrue or accrete on Notes or portions of them called for redemption. The Trustee shall make the selection from the Notes outstanding and not previously called for redemption as long as the Issuers have deposited with the Paying Agent funds in satisfaction of the applicable Redemption Price pursuant to this Indenture and shall promptly notify the Issuers in writing of the Notes selected for redemption. The Trustee may select for redemption portions (equal to $2,000 or any integral multiples of $1,000 thereof (or, if a PIK Payment has been made, in denominations of $1.00 and any integral multiple of $1.00 in excess thereof in respect of PIK Notes)) of the principal of the Notes that have denominations larger than $2,000.
Appears in 1 contract
Samples: Indenture (Yankee Holding Corp.)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption shall be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange, if any, on which the Notes to be redeemed or purchased are listed, or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No appropriate (and in such manner as complies with applicable legal requirements); provided that no Notes of $2,000 of principal amount 1,000 or less will shall be redeemed in part. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000, shall be redeemed. A new Note in principal amount equal to the unredeemed portion thereof shall be issued in the name of the Holder thereof upon cancellation of the original Note. On and after the redemption date, unless the Company defaults in payment of the redemption price, interest ceases to accrue on Notes or portions of them called for redemption. Except as provided in the preceding sentencethis Section 3.02, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee provisions of the two preceding paragraphs of this Section 3.02 shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If apply with respect to any redemption affecting only a Global Note, whether such Global Note is to be redeemed in part onlywhole or in part. In case of any such redemption in part, the notice of redemption that relates to such Note shall state the unredeemed portion of the principal amount of that the Global Note to shall be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionan authorized denomination.
Appears in 1 contract
Samples: Indenture (Range Resources Corp)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the Notes to be redeemed or purchased in compliance with the requirements of the principal national securities exchange, if any, on which the Notes being redeemed are listed or, if the Notes are not listed on a national securities exchange, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriateequitable; provided, however, that if a partial redemption is made with the Net Proceeds of a Public Equity Offering or Strategic Equity Investment, selection of Notes for redemption shall be made on a pro rata basis unless such method is otherwise prohibited. No In any proration, the Trustee shall make such adjustments, reallocations and eliminations as it shall deem proper to the end that the principal amount of each Note so prorated shall be equal to an authorized denomination, by increasing or decreasing or eliminating the amount which would be allocable to any Note on the basis of exact proportion by an amount not exceeding $1,000. The Trustee shall make the selection from the Notes outstanding and not previously called for redemption. The Trustee shall promptly notify the Company in writing of such Notes selected for redemption and, in the case of Notes selected for partial redemption, the principal amount to be redeemed. The Trustee may select for redemption portions of the principal amount of Notes that have denominations equal to or larger than $1,000 principal amount. Notes and portions thereof that the Trustee selects shall be in amounts of $2,000 of 1,000 principal amount or less will be redeemed in partintegral multiples thereof. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 1 contract
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No appropriate (and in a manner that complies with applicable legal requirements); provided that no Notes of $2,000 of principal amount 1,000 or less will shall be redeemed in part. Except as provided in the preceding sentence, provisions Notices of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection be mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes not previously called for redemptionto be redeemed at its registered address, except that redemption notice may be mailed more than 60 days prior to a redemption date if the notice is issued in connection with Section 8.2 or 8.8 under this Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on Note (or appropriate adjustments to the date fixed for redemption at the applicable Redemption Priceamount and beneficial interests in a Global Note will be made, plus accrued and unpaid interest to, but not including, the Redemption Dateas appropriate). On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases will cease to accrue or accrete on Notes or portions of them the Notes called for redemption. The Trustee shall make the selection from the Notes outstanding and not previously called for redemption as long as the Issuer or the Co-Issuer has deposited with the Paying Agent funds in satisfaction of the applicable Redemption Price pursuant to this Indenture and shall promptly notify the Issuers in writing of the Notes selected for redemption. The Trustee may select for redemption portions (equal to $1,000 or any integral multiples of $1,000 thereof) of the principal of the Notes that have denominations larger than $1,000.
Appears in 1 contract
Samples: Indenture (Barrington Quincy LLC)
Selection of Notes to Be Redeemed. (a) If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes not more than 90 days prior to the redemption date, or otherwise in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so 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 appropriatereasonable. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 90 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption.
(b) The Trustee shall promptly notify the Co-Obligors in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount at maturity thereof to be redeemed. No Notes in amounts of $2,000 of principal amount or less will shall be redeemed in part. The Trustee may select for redemption portions of the principal of Notes that have denominations larger than $2,000. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000 in excess thereof; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes 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 that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee Redemptions pursuant to Section 3.07(b) hereof shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal made on a pro rata basis or on as nearly a pro rata basis as practicable (subject to the unredeemed portion provisions of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue DTC or accrete on Notes or portions of them called for redemptionother depositary).
Appears in 1 contract
Samples: Indenture (Duane Reade Holdings Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee (or the Registrar, as applicable) shall select the Notes to be redeemed or purchased among the applicable Holders on a pro rata basis, basis or by lot or by such other (or, in the case of Notes issued in global form based on a method that most nearly approximates a pro rata selection as the Trustee shall deem deems fair and appropriate. No appropriate in accordance with applicable clearing system guidelines) unless otherwise required by law or applicable stock exchange or depositary requirements, provided that no Notes of $2,000 of principal amount £100,000 or less will shall be redeemed in part. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall, in cooperation with the Common Depositary, promptly notify the Company and the Paying Agent in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of £100,000 or whole multiples of £1,000 to the extent above £100,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes 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 that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make Any such redemption or notice may, at the selection at least 30 days but not Company’s discretion, be subject to one or more than 60 days before conditions precedent, and if so conditioned, the Redemption Date from outstanding redemption date for such Notes not previously called for redemptionmay be extended by the Company pending achievement of such condition precedent. If and for so long as the Notes are listed on the Irish Stock Exchange PLC and the rules of the Irish Stock Exchange PLC so require, any Note is such notice to the holders of the Notes shall also be redeemed released through the Company Announcements Office of the Irish Stock Exchange PLC or, to the extent and in part onlythe manner permitted by such rules, posted on the official website of the Irish Stock Exchange PLC (xxx.xxx.xx) and, in connection with any redemption, the notice Company will notify the Irish Stock Exchange PLC of redemption that relates to such Note shall state the portion of any change in the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionoutstanding.
Appears in 1 contract
Samples: Senior Indenture (Iron Mountain Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption will be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange or trading system, if any, on which the Notes to be redeemed are listed or purchased accepted for trading, or, if the Notes are not so listed or accepted for trading, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriateappropriate and in accordance with methods generally used at the time of selection by fiduciaries in similar circumstances. No Notes of $2,000 of principal amount or less will If any Note is to be redeemed in partpart only, the notice of redemption that relates to such Note shall state the portion of the principal amount thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion thereof will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on Notes or portions of them called for redemption unless the Issuer defaults in making such redemption payment. The Trustee shall promptly notify the Issuer in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes 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 that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 1 contract
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the Notes to be redeemed or purchased on a pro rata basisrata, by lot or by such other method as that the Trustee shall deem considers fair and appropriateappropriate (as long as such method complies with the requirements of the principal national securities exchange or national market system on which the Notes are listed, if any). No The Trustee shall make the selection not less than 30 days and not more than 60 days before the redemption date from Notes outstanding and not previously called for redemption. The Trustee may select for redemption portions of the principal of Notes that have denominations larger than $1,000. Notes and portions thereof that the Trustee selects shall be in amounts of $2,000 1,000 or integral multiples of principal amount or less will be redeemed in part$1,000. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the Company promptly upon selection at least 30 days but not more than 60 days before by the Redemption Date from outstanding Trustee of the Notes not previously or portions of Notes to be called for redemption. If any Note selected for partial redemption is converted in part after such selection, the converted portion of such Note shall be deemed (so far as may be) to be redeemed the portion to be selected for redemption. The Notes (or portions thereof so selected shall be deemed duly selected for redemption for all purposes hereof, notwithstanding that any such Note is converted in whole or in part only, before the mailing of the notice of redemption. Upon any redemption that relates to of less than all the Notes, the Company and the Trustee may treat as outstanding any Notes surrendered for conversion during the period 15 days next preceding the mailing of a notice of redemption and need not treat as outstanding any Note authenticated and delivered during such Note shall state period in exchange for the unconverted portion of the principal amount of that any Note to be redeemed. A new Note converted in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionpart during such period.
Appears in 1 contract
Samples: Indenture (P Com Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of such Notes for redemption or purchase shall be made on a pro rata basis to the Trustee extent practicable or, to the extent that selection on a pro rata basis is not practicable for any reason, by such method as required by the rules of the Depositary; provided that no Notes of $200,000 or less may be purchased or redeemed in part. None of the Trustee, the Registrar or the Paying Agents will be liable for any selection made under this Section 3.02. If any Note is to be redeemed in part only, the notice of redemption relating to such Note shall select state the portion of the principal amount thereof to be redeemed. New Notes in principal amount equal to the unredeemed or unpurchased portion of any Notes redeemed or purchased in part will be issued in the name of the Holder thereof upon cancellation of the original Notes. On and after the Redemption Date or purchase date, unless the Issuers default in payment of the redemption price or the purchase price, interest will cease to accrue on Notes or portions thereof purchased or called for redemption or purchase. In the event of partial redemption by lot, the particular Notes to be redeemed or purchased on shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Issuers in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $200,000 or whole multiples of $1,000; except that if all of the Notes of a pro rata basisHolder are to be redeemed, by lot or the entire outstanding amount of Notes held by such other method as the Trustee shall deem fair and appropriate. No Notes Holder, even if not in an amount of $2,000 200,000 or a whole multiple of principal amount or less will $1,000, shall be redeemed in partredeemed. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 1 contract
Samples: Indenture (Vrio Corp.)
Selection of Notes to Be Redeemed. (a) .
(a) If less than all of the 2010 Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the 2010 Notes to be redeemed or purchased in compliance with the requirements of the principal national securities exchange, if any, on which the 2010 Notes are listed or, if the 2010 Notes are not listed on a pro rata basisnational securities exchange or automated quotation system, by lot or by such other method as the Trustee in its sole discretion shall deem fair and appropriate. No Notes ; provided that no 2010 Note of $2,000 of 1,000 in principal amount or less will shall be redeemed in part. Except as provided The Trustee shall make the selection from the 2010 Notes outstanding and not previously called for redemption. 2010 Notes in the preceding sentence, provisions 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 2010 Notes that have denominations larger than $1,000 in principal amount. Provisions of this Indenture that apply to the 2010 Notes called for redemption also apply to portions of the 2010 Notes called for redemption. The Trustee shall notify the Company and the Registrar promptly in writing of the 2010 Notes or portions of the 2010 Notes to be called for redemption.
(b) If less than all of the 2008 Notes are to be redeemed at any time, the Trustee shall select the 2008 Notes to be redeemed in compliance with the requirements of the principal national securities exchange, if any, on which the 2008 Notes are listed or, if the 2008 Notes are not listed on a national securities exchange or automated quotation system, by lot or by such other method as the Trustee in its sole discretion shall deem appropriate; provided that no 2008 Note of $1.00 in principal amount or less shall be redeemed in part. The Trustee shall make the selection at least 30 days but not more than 60 days before from the Redemption Date from 2008 Notes outstanding Notes and not previously called for redemption. If any Note is to 2008 Notes in denominations of $1.00 in principal amount may only be redeemed in part only, the notice of whole. The Trustee may select for redemption that relates portions (equal to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note $1.00 in principal amount equal or any integral multiple thereof) of 2008 Notes that have denominations larger than $1.00 in principal amount. Provisions of this Indenture that apply to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. 2008 Notes called for redemption become irrevocably due on also apply to portions of the date fixed 2008 Notes called for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless The Trustee shall notify the Company defaults and the Registrar promptly in paying writing of the applicable Redemption Price, interest ceases to accrue or accrete on 2008 Notes or portions of them the 2008 Notes to be called for redemption.
Appears in 1 contract
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption shall be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange, if any, on which the Notes to be redeemed or purchased are listed, or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No ; provided, however, that no Notes of $2,000 of a principal amount of $1,000 or less will shall be redeemed in part. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Company in writing of the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount thereof to be redeemed. Notes and portions of Notes selected shall be in amounts of $1,000 or whole multiples of $1,000; except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000, shall be redeemed. A new Note in principal amount equal to the unredeemed portion thereof shall be issued in the name of the Holder thereof upon cancellation of the original Note. On and after the redemption date, unless the Company defaults in payment of the redemption price, interest ceases to accrue on Notes or portions of them called for redemption. Except as provided in the preceding sentencethis Section 3.2, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee provisions of the two preceding paragraphs of this Section 3.2 shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If apply with respect to any redemption affecting only a Global Note, whether such Global Note is to be redeemed in part onlywhole or in part. In case of any such redemption in part, the notice of redemption that relates to such Note shall state the unredeemed portion of the principal amount of that the Global Note to shall be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionan authorized denomination.
Appears in 1 contract
Samples: Indenture (Laroche Industries Inc)
Selection of Notes to Be Redeemed. If less fewer than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select selection of the Notes to be redeemed or purchased will be made by the Registrar in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not then listed on a national securities exchange, on a pro rata basis, by lot or by in such other fair and appropriate manner chosen at the discretion of the Registrar; provided, however, that if a partial redemption is made with the proceeds of a Public Equity Offering, selection of the Notes or portions thereof for redemption shall be made by the Registrar only on a pro rata basis, to the extent practical (subject to applicable DTC procedures), unless such method as is otherwise prohibited. The Company shall promptly notify the Trustee shall deem fair and appropriate. No the Registrar in writing of the date of listing and the name of the securities exchange if and when the Notes of $2,000 of are listed on a principal amount or less will be redeemed in part. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemptionnational securities exchange. The Trustee Registrar shall make the selection at least 30 days but not more than 60 days before from the Redemption Date from Notes outstanding Notes and not previously called for redemption. If redemption and shall promptly notify the Company and the Paying Agent in writing of the Notes selected for redemption and, in the case of any Note is to be redeemed in part onlyselected for partial redemption, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note at maturity thereof to be redeemed. A new Note Notes in denominations of $1,000 principal amount at maturity may be redeemed only in whole. The Registrar may select for redemption portions (equal to the unredeemed portion $1,000 principal amount at maturity or any integral multiple thereof) of the original Note presented for redemption will be issued in the name principal of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.that
Appears in 1 contract
Samples: Indenture (Del Monte Foods Co)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption shall be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange, if any, on which the Notes to be redeemed or purchased are listed, or, if the Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. In the event of a partial redemption pursuant to Section 3.07(a) hereof, selection of the Notes or portions thereof for redemption shall be made by the Trustee only on a pro rata basis or on as nearly a pro rata basis as is practicable (subject to the procedures of The Depository Trust Company), unless that method is otherwise prohibited. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 45 nor more than 75 days prior to the redemption date by the Trustee (unless a shorter time period shall be satisfactory to the Trustee) from the outstanding Notes not previously called for redemption. No Notes of $2,000 of principal amount 1,000 or less will shall be redeemed in part. Except as provided in ; except that if all of the preceding sentenceNotes of a Holder are to be redeemed, provisions of this Indenture that apply to Notes called for redemption also apply to portions the entire outstanding amount of Notes called for redemptionheld by such Holder, even if not a multiple of $1,000, shall be redeemed. The Trustee Notices of redemption shall make the selection be mailed by first class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes to be redeemed at its registered address. Notices of redemption may not previously called for redemptionbe conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to such that Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Priceredemption date, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
Appears in 1 contract
Selection of Notes to Be Redeemed. If In the event that less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of such Notes for redemption will be made by the Trustee shall select in compliance with the requirements of the principal national securities exchange, if any, on which such Notes to be redeemed or purchased are listed or, if such Notes are not then listed on a national securities exchange, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No ; provided, however, that no Notes of $2,000 of original principal amount of U.S. $1,000 or less will shall be redeemed in part. Except as provided in ; provided, further, that if a partial redemption is made with the preceding sentenceproceeds of a Qualified Equity Offering, provisions selection of this Indenture that apply to the Notes called or portions thereof for redemption also apply shall be made by the Trustee only on a pro rata basis or on as nearly a pro rata basis as is practicable (subject to portions DTC procedures), unless such method is otherwise prohibited. Notice of Notes called for redemption. The Trustee redemption shall make the selection be mailed by first-class mail at least 30 days but not more than 60 days before the Redemption Date from outstanding redemption date to each Holder of Notes not previously called for redemptionto be redeemed at its registered address. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note thereof to be redeemed. A new Note in a principal amount equal to the unredeemed portion of the original Note presented for redemption thereof will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases will cease to accrue or accrete on Notes or portions of them thereof called for redemptionredemption as long as the Issuer has deposited with the Paying Agent funds in satisfaction of the applicable redemption price pursuant to this Indenture.
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Samples: Indenture (Williams Scotsman Inc)
Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption will be made by the Trustee shall select the Notes to be redeemed or purchased on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No Notes of $2,000 of principal amount appropriate or less will be redeemed in part. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemptionrequire unless otherwise required by law or applicable stock exchange or depositary requirements. If any Note is to be redeemed in part only, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption. The Trustee shall promptly notify the Company and the Registrar in writing of the Notes selected for redemption at and, in the applicable Redemption Price, plus accrued and unpaid interest to, but not includingcase of any Notes selected for partial redemption, the Redemption Dateprincipal amount thereof to be redeemed. On No Notes of $2,000 or less in principal amount can be redeemed or purchased in part. Notes and after portions of Notes selected will be in amounts of $2,000 or whole multiples of $1,000 in excess thereof, except that if all of the Redemption DateNotes of a Holder are to be redeemed or purchased, the entire outstanding amount of Notes held by such Holder shall be redeemed or purchased. For purposes of this Supplemental Indenture, unless the Company defaults context otherwise requires, all provisions relating to redemption of Notes shall relate, in paying the applicable Redemption Pricecase of any of the Notes redeemed or to be redeemed only in part, interest ceases to accrue the portion of the principal amount thereof which has been or accrete on Notes or portions of them called for redemptionis to be redeemed.
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Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the Notes to be redeemed or purchased on a pro rata basisrata, by lot or by such other method as that the Trustee shall deem considers fair and appropriateappropriate (as long as such method complies with the requirements of the principal national securities exchange or national market system on which the Notes are listed, if any). No The Trustee shall make the selection not less than 30 days and not more than 60 days before the redemption date from Notes outstanding and not previously called for redemption. The Trustee may select for redemption portions of the principal of Notes that have denominations larger than $1,000. Notes and portions thereof that the Trustee selects shall be in amounts of $2,000 1,000 or integral multiples of principal amount or less will be redeemed in part$1,000. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make notify the Company promptly upon selection at least 30 days but not more than 60 days before by the Redemption Date from outstanding Trustee of the Notes not previously or portions of Notes to be called for redemption. If any Note selected for partial redemption is converted in part after such selection, the converted portion of such Note shall be deemed (so far as may be) to be redeemed the portion to be selected for redemption. The Notes (or portions thereof) so selected shall be deemed duly selected for redemption for all purposes hereof, notwithstanding that any such Note is converted in whole or in part only, before the mailing of the notice of redemption. Upon any redemption that relates to of less than all the Notes, the Company and the Trustee may treat as outstanding any Notes surrendered for conversion during the period 15 days next preceding the mailing of a notice of redemption and need not treat as outstanding any Note authenticated and delivered during such Note shall state period in exchange for the unconverted portion of the principal amount of that any Note to be redeemed. A new Note converted in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionpart during such period.
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Samples: Indenture (P Com Inc)
Selection of Notes to Be Redeemed. If less fewer than all of the Notes are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee shall select the particular Notes to be redeemed or purchased from the Outstanding Notes by a method that complies with the requirements of the national securities exchange on which the Notes are listed, or, if the Notes are not listed on a pro rata basisnational securities exchange, on a PRO RATA basis or by lot or by such in accordance with any other method as the of Trustee shall deem considers fair and appropriate. No Notes and portions thereof that the Trustee selects shall be in principal amounts equal to $1,000 or any whole multiple thereof. If any Note selected for partial redemption is converted in part before termination of $2,000 the conversion right with respect to the portion of principal amount or less will the Note so selected, the converted portion of such Note shall be deemed to be the portion selected for redemption (provided, however, that the Holder of such Note so converted 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 of such Note). Notes which have been converted during a selection of Notes to be redeemed in part. Except may be treated by the Trustee as provided in Outstanding for the preceding sentence, provisions purpose of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemptionsuch selection. The Trustee shall make promptly notify the selection at least 30 days but not more than 60 days before Company and the Redemption Date from outstanding Registrar in writing of the Notes not previously called selected for redemption and, in the case of any Notes selected for partial redemption, the principal amount thereof to be redeemed. If For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Notes shall relate, in the case of any Note is Notes redeemed or to be redeemed only in part onlypart, the notice of redemption that relates to such Note shall state the portion of the principal amount of that Note such Notes which has been or is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
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Samples: Indenture (Vector Group LTD)
Selection of Notes to Be Redeemed. (a) If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select the Notes to be redeemed or purchased for redemption on a pro rata basisbasis unless otherwise required by law, by lot applicable stock exchange requirements or by such other method as the Trustee shall deem fair DTC procedures.
(b) The Notes will be redeemed only in principal amounts of $2,000 and appropriate. No integral multiples of $1,000; provided that no individual Notes of $2,000 of principal amount or less will shall be redeemed in part. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. .
(c) If any Note is to be redeemed in part only, the notice of redemption that relates to such that Note shall will state the portion of the principal amount of that Note that is to be redeemed. A In the case of Definitive Notes, a new Definitive Note in a principal amount equal to the unredeemed portion of the original Definitive Note presented for redemption will be issued in the name of the Holder thereof of the Definitive Note upon cancellation of the original Definitive Note. Subject to the satisfaction (or waiver) of any conditions precedent, Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Dateredemption. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases will cease to accrue or accrete on the Notes or portions of them thereof called for redemption so long as the Company has deposited with the Paying Agent (or, if the Company is the Paying Agent, has segregated and holds in trust) funds in satisfaction of the Redemption Price (including accrued and unpaid interest on the Notes to be redeemed) pursuant to this Indenture.
(d) The Trustee shall promptly notify the Company and the Registrar in writing of the Notes selected for redemption and, in the case of any Notes selected for partial redemption, the principal amount thereof to be redeemed.
(e) For purposes of this Indenture, unless the context otherwise requires, all provisions relating to redemption of the Notes shall relate, in the case of any of the Notes redeemed or to be redeemed only in part, to the portion of the principal amount thereof which has been or is to be redeemed.
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Selection of Notes to Be Redeemed. If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed (a) if the Notes are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Notes are listed or purchased (b) on a pro rata basisbasis or, to the extent that selection on a pro rata basis is not practicable, by lot or by such other method as the Trustee shall deem fair and appropriateappropriate in accordance with the procedures of DTC, and in each case, such manner as complies with applicable legal requirements. No In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. The Trustee shall promptly notify the Issuer in writing of $2,000 the Notes selected for redemption and, in the case of any Note selected for partial redemption, the principal amount or less will thereof to be redeemed. Notes and portions of Notes selected shall be in Authorized Denominations. Notes that are not in Authorized Denominations shall not be redeemed in part, except that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes held by such Holder, even if not in Authorized Denominations, shall be redeemed. Except as provided in the preceding sentence, provisions of this Indenture that apply to Notes called for redemption shall also apply to portions of Notes called for redemption. The Trustee shall make the selection at least 30 days but not more than 60 days before the Redemption Date from outstanding Notes not previously called for redemption. If any Note selected for partial redemption is submitted for conversion in part after such selection, the portion of such Note submitted for conversion shall be deemed (so far as may be possible) to be redeemed in part onlythe portion to be selected for redemption and shall be so converted. Upon any redemption of less than all of the outstanding Notes, the Issuer and the Trustee may (but need not), solely for purposes of determining the pro rata allocation among such Notes as are unconverted and outstanding at the time of redemption, treat as outstanding any Notes surrendered for conversion during the period of 15 days next preceding the mailing of a notice of redemption that relates to and may (but need not) treat as outstanding any Note authenticated and delivered during such Note shall state period in exchange for the unconverted portion of the principal amount of that any Note to be redeemed. A new Note converted in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemptionpart during such period.
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Samples: Indenture (Realogy Corp)
Selection of Notes to Be Redeemed. (a) If less than the Company does not redeem all of the Notes are to be redeemed or purchased in an offer to purchase at any timeNotes, the Trustee shall select the Notes to be redeemed or purchased on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate. No Notes be selected in principal amounts of $2,000 1,000, or integral multiples of principal amount or less will $1,000, from the Notes then outstanding and not already to be redeemed in part. Except as provided in the preceding sentence, provisions a result of this Indenture that apply to Notes called for redemption also apply to portions of Notes having previously been called for redemption, by lot, pro rata to the extent practicable or by another method the Trustee routinely uses, and in each case for so long as the Notes are represented by a Global Note to the extent permitted by the Depository. The Trustee If a portion of a holder’s Notes is selected for partial redemption and such holder converts a portion of such holder’s Note, the converted portion shall make be deemed to be from the selection at least 30 days but portion selected for redemption to the extent that the converted portion does not more than 60 days before exceed the Redemption Date from outstanding Notes not previously called portion selected for redemption. .
(b) If any Note is Notes are to be redeemed in part only, the notice Company shall issue new Notes in principal amount equal to the unredeemed principal portion thereof; provided, that the Company shall not be required to (i) issue, register the transfer of or exchange any Notes during a period beginning at the open of business 15 days before the transmitting of a Redemption Notice and ending at the close of business on the earliest date on which the relevant Redemption Notice is deemed to have been given to all holders of the Notes to be redeemed or (ii) register the transfer of or exchange any Notes so selected for redemption, in whole or in part, except the unredeemed portion of any Notes being redeemed in part.
(c) For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption that relates of the Notes shall relate, in the case of the Notes redeemed or to such Note shall state be redeemed only in part, to the portion of the principal amount of that Note the Notes which has been or is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note presented for redemption will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become irrevocably due on the date fixed for redemption at the applicable Redemption Price, plus accrued and unpaid interest to, but not including, the Redemption Date. On and after the Redemption Date, unless the Company defaults in paying the applicable Redemption Price, interest ceases to accrue or accrete on Notes or portions of them called for redemption.
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