Common use of Senior Notes Payable on Redemption Date Clause in Contracts

Senior Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Senior Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest, including any Additional Interest) such Senior Notes shall cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said notice, such Senior Note shall be paid by the Company at the Redemption Price, together with accrued interest (including any Additional Interest) to the Redemption Date; provided, however, that installments of interest whose stated maturity is on or prior to the Redemption Date shall be payable to the Holders of such Senior Notes, or one or more Predecessor Senior Notes, registered as such at the close of business on the relevant Regular Record Dates according to their terms and the provisions of Section 3.8. If any Senior Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and any premium shall, subject to Section 1.13 hereof, until paid, bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in the Senior Note.

Appears in 2 contracts

Samples: Indenture (Resource America Inc), Indenture (Resource America Inc)

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Senior Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Senior Notes so to be redeemed shall, subject to the provisions of Section 10.3, on the Redemption Date, become due and payable at the Redemption Price therein specified, specified and from and after such date (unless the Company Issuer shall default in the payment of the Redemption Price and accrued interest, including any Additional Interest) such Senior Notes shall cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said notice, such Senior Note shall be paid by the Company Issuer at the Redemption Price, Price together with accrued interest (including any Additional Interest) to the Redemption Date; provided, however, that installments of interest on any Definitive Senior Notes whose stated maturity Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Definitive Senior Notes, or one or more Predecessor predecessor Definitive Senior Notes, registered as such at the close of business on the relevant Regular Record Dates according to their the terms and the provisions of Section 3.82.5. If any Senior Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal thereof (and any premium premium, if any, thereon) shall, subject to Section 1.13 hereof, until paid, bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in the borne by such Senior Note.

Appears in 2 contracts

Samples: Indenture (Markel Corp), Indenture (Markel Corp)

Senior Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Senior Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date (unless the Company Issuer shall default in the payment of the Redemption Price and accrued interest, including any Additional Interest) such Senior Notes shall cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said such notice, such Senior Note shall be paid by the Company Issuer at the Redemption Price, together with accrued interest (including any Additional Interest) interest, if any, to the Redemption Date; provided, however, that that, except as otherwise specified as contemplated by Section 301, installments of interest whose stated maturity Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Senior Notes, or one or more Predecessor Senior NotesSecurities, registered as such at the close of business on the relevant Regular Record Dates according to their terms and the provisions of Section 3.8306; provided further that, unless otherwise specified as contemplated by Section 301, if the Redemption Date is after a Regular Record Date and on or prior to the Interest Payment Date, the accrued and unpaid interest shall be payable to the Holder of the redeemed Securities registered on the relevant Regular Record Date. If any Senior Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and any premium premium, if any) shall, subject to Section 1.13 hereof, until paid, bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in the Senior Note.

Appears in 2 contracts

Samples: Senior Note Indenture (Agco Corp /De), Senior Note Indenture (AGCO International GmbH)

Senior Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Senior Notes so to be redeemed shall, subject to the provisions of Section 10.03, on the Redemption Date, become due and payable at the Redemption Price therein specified, specified and from and after such date (unless the Company Issuer shall default in the payment of the Redemption Price and accrued interest, including any Additional Interest) such Senior Notes shall cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said notice, such Senior Note shall be paid by the Company Issuer at the Redemption Price, Price together with accrued interest (including any Additional Interest) to the Redemption Date; provided, however, that installments of interest on any Definitive Senior Notes whose stated maturity Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Definitive Senior Notes, or one or more Predecessor predecessor Definitive Senior Notes, registered as such at the close of business on the relevant Regular Record Dates according to their the terms and the provisions of Section 3.82.05. If any Senior Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal thereof (and any premium premium, if any, thereon) shall, subject to Section 1.13 hereof, until paid, bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in the borne by such Senior Note.

Appears in 1 contract

Samples: Terra Nova Bermuda Holding LTD

Senior Notes Payable on Redemption Date. Notice of --------------------------------------- redemption having been given as aforesaid, the Senior Notes so to be redeemed shall, subject to the provisions of Section 10.3, on the Redemption Date, become due and payable at the Redemption Price therein specified, specified and from and after such date (unless the Company Issuer shall default in the payment of the Redemption Price and accrued interest, including any Additional Interest) such Senior Notes shall cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said notice, such Senior Note shall be paid by the Company Issuer at the Redemption Price, Price together with accrued interest (including any Additional Interest) to the Redemption Date; provided, however, that installments of interest on any Definitive Senior Notes whose stated maturity Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Definitive Senior Notes, or one or more Predecessor predecessor Definitive Senior Notes, registered as such at the close of business on the relevant Regular Record Dates according to their the terms and the provisions of Section 3.82.5. If any Senior Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal thereof (and any premium premium, if any, thereon) shall, subject to Section 1.13 hereof, until paid, bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in the borne by such Senior Note.

Appears in 1 contract

Samples: Terra Nova Bermuda Holding LTD

Senior Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Senior Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specifiedspecified (together with accrued and unpaid interest, if any, to the Redemption Date), and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued and unpaid interest, including any Additional Interest) such Senior Notes shall cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said notice, such Senior Note shall be paid by the Company at the Redemption Price, together with accrued interest (including any Additional Interest) and unpaid interest, if any, to the Redemption Date; provided, however, that installments of interest whose stated maturity Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Senior Notes, or one or more Predecessor Senior NotesSecurities, registered as such at the close of business on the relevant Regular Record Dates according to their terms and the provisions of Section 3.85.3. If any Senior Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and any premium shall, subject to Section 1.13 hereof, until paid, bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in borne by the Senior NoteNotes.

Appears in 1 contract

Samples: Indenture (Chartered Semiconductor Manufacturing LTD)

Senior Notes Payable on Redemption Date. Notice of redemption having been given as aforesaidprovided above, the Senior Notes so to be redeemed shall(except, in the case of Senior Notes which are convertible or exchangeable into Common Stock or other securities or property, any such Senior Notes which no such will have so converted or exchanged prior to the applicable Redemption Date) will, on the Redemption Date, become due and payable at the Redemption Price therein specified, together with (unless otherwise provided with respect to Senior Notes of such Series in accordance with Section 204) accrued and unpaid interest, if any, thereon and from and after such date (unless the Company shall will default in the payment of the Redemption Price and accrued interest, including any Additional Interestif any) such Senior Notes shall will cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said notice, such Senior Note shall will be paid by the Company at the Redemption Price, together with with, unless otherwise provided in or under this Indenture, any accrued and unpaid interest (including any Additional Interest) thereon to but excluding the Redemption Date; provided, however, that that, except as otherwise specified in or under this Indenture or the Senior Notes of such Series, installments of interest on Senior Notes whose stated maturity Stated Maturity is on or prior to the Redemption Date shall will be payable to the Holders of such Senior Notes, or one or more Predecessor Senior Notes, Notes registered as such at the close of business on the relevant Regular Record Dates therefor according to their terms and the provisions of Section 3.8211. If any Senior Note called for redemption shall will not be so paid upon surrender thereof for redemption, the principal and any premium shall, subject to Section 1.13 hereofpremium, until paid, will bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in the Senior Note or, if no rate is prescribed therefor in the Senior Note, at the rate of interest, if any, borne by such Senior Note.

Appears in 1 contract

Samples: Indenture (Guaranty Bancshares Inc /Tx/)

Senior Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Senior Notes so to be redeemed shall, subject to the provisions of Section 10.3, on the Redemption Date, become due and payable at the Redemption Price therein specified, specified and from and after such date (unless the Company Issuer shall default in the payment of the Redemption Price and accrued interest, including any Additional Interest) such Senior Notes shall cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said notice, such Senior Note shall be paid by the Company Issuer at the Redemption Price, Price together with accrued interest (including any Additional Interest) to the Redemption Date; provided, however, that installments of interest on any Certificated Senior Notes whose stated maturity Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Certificated Senior Notes, or one or more Predecessor predecessor Certificated Senior Notes, registered as such at the close of business on the relevant Regular Record Dates according to their the terms and the provisions of Section 3.82.6. If any Senior Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal thereof (and any premium premium, if any, thereon) shall, subject to Section 1.13 hereof, until paid, bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in the borne by such Senior Note.

Appears in 1 contract

Samples: Indenture (Aflac Inc)

Senior Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Senior Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specifiedspecified (together with accrued and unpaid interest, if any, to the Redemption Date), and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued and unpaid interest, including any Additional Interest) such Senior Notes shall cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said notice, such Senior Note shall be paid by the Company at the Redemption Price, together with accrued interest (including any Additional Interest) and unpaid interest, if any, to the Redemption Date; provided, however, that installments of interest whose stated maturity Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Senior Notes, or one or more Predecessor Senior Notes, registered as such at the close of business on the relevant Regular Record Dates according to their terms and the provisions of Section 3.83.8 hereof. If any Senior Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and any premium premium, if any) shall, subject to Section 1.13 hereof, until paid, bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in borne by the Senior NoteNotes.

Appears in 1 contract

Samples: Indenture (Veritas DGC Inc)

Senior Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Senior Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specifiedspecified (together with accrued interest, if any, to the Redemption Date), and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest, including any Additional Interest) such Senior Notes shall cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said notice, such Senior Note shall be paid by the Company at the Redemption Price, together with accrued interest (including any Additional Interest) interest, if any, to the Redemption Date; providedPROVIDED, howeverHOWEVER, that installments of interest whose stated maturity Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Senior Notes, or one or more Predecessor Senior Notes, registered as such at the close of business on the relevant Regular Record Dates according to their terms and the provisions of Section 3.8309. If any Senior Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and any premium premium, if any) shall, subject to Section 1.13 hereof, until paid, bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in borne by the Senior NoteNotes.

Appears in 1 contract

Samples: Indenture (Ascent Entertainment Group Inc)

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Senior Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Senior Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest, including any Additional Interest) such Senior Notes shall cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said notice, such Senior Note shall be paid by the Company at the Redemption Price, together with accrued interest (including any Additional Interest) to the Redemption Date; provided, however, that installments of interest whose stated maturity is on or prior to the 77 Redemption Date shall be payable to the Holders of such Senior Notes, or one or more Predecessor Senior Notes, registered as such at the close of business on the relevant Regular Record Dates according to their terms and the provisions of Section 3.8. If any Senior Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and any premium shall, subject to Section 1.13 hereof, until paid, bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in the Senior Note.

Appears in 1 contract

Samples: Indenture (Resource America Inc)

Senior Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Senior Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specifiedspecified (together with accrued interest, if any, to the Redemption Date), and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest, including any Additional Interest) such Senior Notes shall cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said notice, such Senior Note shall be paid by the Company at the Redemption Price, together with accrued interest (including any Additional Interest) interest, if any, to the Redemption Date; provided, however, that installments of interest whose stated maturity Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Senior Notes, or one or more Predecessor Senior Notes, registered as such at the close of business on the relevant Regular Record Dates according to their terms and the provisions of Section 3.83.07. If any Senior Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and any premium premium, if any) shall, subject to Section 1.13 hereof, until paid, bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in borne by the Senior NoteNotes.

Appears in 1 contract

Samples: Indenture (Leitesol Industry & Commerce Inc.)

Senior Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Senior Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specifiedspecified (together with accrued and unpaid interest, if any, to the Redemption Date), and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued and unpaid interest, including any Additional Interest) such Senior Notes shall cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said notice, such Senior Note shall be paid by the Company at the Redemption Price, together with accrued interest (including any Additional Interest) and unpaid interest, if any, to the Redemption Date; provided, however, that installments of interest whose stated maturity Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Senior Notes, or one or more Predecessor Senior NotesSecurities, registered as such at the close of business on the relevant Regular Record Dates according to their terms and the provisions of Section 3.82.3. If any Senior Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and any premium shall, subject to Section 1.13 hereof, until paid, bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in borne by the Senior NoteNotes.

Appears in 1 contract

Samples: Indenture (Chartered Semiconductor Manufacturing LTD)

Senior Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Senior Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date (unless the Company Issuer shall default in the payment of the Redemption Price and accrued interest, including any Additional Interest) such Senior Notes Note or portions thereof shall cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said notice, such Senior Note Security or portion thereof shall be paid by the Company at the Redemption Price, together with accrued interest (including any Additional Interest) to the Redemption Date; provided, however, that installments of interest interests whose stated maturity Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Senior Notes, or one or more Predecessor Senior Notes, registered as such at the close of business on the relevant Regular Record Dates Date according to their terms and the provisions of Section 3.8308. If any Senior Note or portion thereof called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and any premium premium, if any) shall, subject to Section 1.13 hereof, until paid, bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in the Senior Note.

Appears in 1 contract

Samples: Indenture (Ibp Inc)

Senior Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Senior Notes so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, specified and from and after such date (unless the Company Issuer or the Partnership shall default in the payment of the Redemption Price and accrued interest, including any Additional Interest) such Senior Notes shall cease to bear interest. Upon surrender of any such Senior Note for redemption in accordance with said notice, such Senior Note shall be paid by the Company Issuer or the Partnership, as the case may be, at the Redemption Price, Price together with accrued and unpaid interest (including any Additional Defaulted Interest) to the Redemption Date; provided, however, that installments of interest whose stated maturity Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Senior Notes, or one or more Predecessor Senior Notes, registered as such at the close of business on the relevant Regular Record Dates according to their the terms and the provisions of Section 3.83.7. If any Senior Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and any premium premium, if any, shall, subject to Section 1.13 hereof, until paid, bear interest (including any Additional Interest) from the Redemption Date at the rate prescribed therefor in the borne by such Senior Note.

Appears in 1 contract

Samples: Trumps Castle Associates Lp

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