Common use of SELECTION OF SENIOR NOTES TO BE REDEEMED OR PURCHASED Clause in Contracts

SELECTION OF SENIOR NOTES TO BE REDEEMED OR PURCHASED. If less than all of the Senior Notes are to be redeemed at any time, selection of the Senior Notes for redemption shall be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Senior Notes are listed, or, if the Senior Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee deems fair and appropriate; provided that no Senior Notes with a principal amount of 1,000 or less shall be redeemed in part. 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 purchase or redemption, the principal amount thereof to be redeemed. Senior Notes and portions of Senior Notes 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 purchased or redeemed, the entire outstanding amount of Senior 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 Senior Notes called for redemption also apply to portions of Senior Notes called for redemption.

Appears in 2 contracts

Samples: Indenture (Goodman Conveyor Co), Indenture (Curtis Sub Inc)

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SELECTION OF SENIOR NOTES TO BE REDEEMED OR PURCHASED. If less than all of the Senior Notes are to be redeemed at any time, selection of the Senior Notes for redemption shall be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Senior Notes are listed, or, if the Senior Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee deems fair and appropriate; provided that no Senior Notes with a principal amount of 1,000 $1.00 or less shall be redeemed in part. 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 purchase or redemption, the principal amount thereof to be redeemed. Senior Notes and portions of Senior Notes selected shall be in amounts of $1,000 or whole multiples of $1,0001.00; except that if all of the Senior Notes of a Holder are to be purchased or redeemed, the entire outstanding amount of Senior Notes held by such Holder, even if not a multiple of $1,000, Holder shall be redeemed. 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.

Appears in 1 contract

Samples: Indenture (Goodman Conveyor Co)

SELECTION OF SENIOR NOTES TO BE REDEEMED OR PURCHASED. If less than ----------------------------------------------------- all of the outstanding Senior Notes are to be redeemed at any time, selection of the or if less than all Senior Notes tendered pursuant to an Offer are to be accepted for redemption payment, the Company shall select the outstanding Senior Notes to be made by the Trustee redeemed or accepted for payment in compliance with the requirements of the principal national securities exchange, if any, on which the Senior Notes are listed, listed or, if the Senior Notes are not so listedlisted on a securities exchange, on a pro rata basis, by lot or by such any other method as that the Trustee Company deems fair and appropriate; provided that no . The Company shall select for redemption or purchase Senior Notes with a principal amount of 1,000 or less shall be redeemed in part. 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 purchase or redemption, the principal amount thereof to be redeemed. Senior Notes and portions of Senior Notes selected shall be in principal amounts of $1,000 or whole integral multiples of $1,000thereof; except that if all of the Senior Notes of a Holder are to be purchased selected for redemption or redeemedpurchase, the entire outstanding aggregate principal amount of the Senior Notes held by such Holder, even if not a multiple of $1,000, shall may be redeemedredeemed or purchased. Except as provided in the preceding sentence, provisions of this Indenture Agreement that apply to Senior Notes called for redemption or tendered pursuant to an Offer also apply to portions of Senior Notes called for redemptionredemption or tendered pursuant to an Offer.

Appears in 1 contract

Samples: Securities Purchase Agreement (Koo Koo Roo Inc/De)

SELECTION OF SENIOR NOTES TO BE REDEEMED OR PURCHASED. If less than all of the Senior Notes are to be redeemed at any time, selection of the Senior Notes for redemption shall be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Senior Notes are listed, or, if the Senior Notes are not so listed, on a pro rata basis, by lot or by such other method as the Trustee deems fair and appropriate; provided that no Senior Notes with a principal amount of $1,000 or less shall be redeemed in part. 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 purchase or redemption, the principal amount thereof to be redeemed. Senior Notes and portions of Senior Notes selected shall be in amounts of $1,000 or whole integral multiples of $1,000; except that if all of the Senior Notes of a Holder are to be purchased or redeemed, the entire outstanding amount of Senior 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 Senior Notes called for redemption also apply to portions of Senior Notes called for redemption.

Appears in 1 contract

Samples: Indenture (Talton Invision Inc)

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SELECTION OF SENIOR NOTES TO BE REDEEMED OR PURCHASED. If less than all of the Senior Notes of any series are to be redeemed or purchased in an offer to purchase at any time, selection of the Trustee (or the Registrar, as applicable) will select Senior Notes for redemption shall be made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Senior Notes are listed, or, if the Senior Notes are not so listed, or purchase on a pro rata basisbasis (or, by lot or by such other in the case of Senior Notes issued in global form pursuant to Article 2 hereof, based on a method that most nearly approximates a pro rata selection as the Trustee or the Registrar deems fair and appropriate; provided that no Senior Notes with a principal amount of 1,000 ), unless otherwise required by law or less applicable stock exchange or depositary requirements. Neither the Trustee nor the Registrar shall be redeemed liable for any selections made by it in partaccordance with this Section 3.02. The Trustee shall will promptly notify the Company Issuer in writing of the Senior Notes selected for redemption or purchase and, in the case of any Senior Note selected for partial purchase redemption or redemptionpurchase, the principal amount thereof to be redeemedredeemed or purchased. Senior Notes and portions of Senior Notes selected shall will be in amounts of $1,000 200,000 or whole in integral multiples of $1,0001,000 in excess thereof; except that if all of the Senior Notes of a Holder are to be purchased redeemed or redeemedpurchased, the entire outstanding amount of Senior Notes held by such Holder, even if not a multiple of $1,000, Holder shall be redeemedredeemed or purchased. Except as provided in the preceding sentence, provisions of this Senior Notes Indenture that apply to Senior Notes called for redemption or purchase also apply to portions of Senior Notes called for redemptionredemption or purchase.

Appears in 1 contract

Samples: Senior Notes Indenture (IHS Holding LTD)

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