Voluntary Early Redemption Sample Clauses

Voluntary Early Redemption. Call Option) as applicable at the following dates (and regardless of the Default Repayment Date set out in the Default Notice):
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Voluntary Early Redemption. (call option) 7.3.1 The Issuer may redeem all or any part of the outstanding Bonds at: any time from the First Call Date to the Interest Payment Date falling 48 months after the Issue Date at an amount per Xxxx equal to 103.27 per cent. of the Nominal Amount, together with accrued but unpaid Interest; and any time from the Interest Payment Date falling 48 months after the Issue Date to the Interest Payment Date falling 57 months after the Issue Date at an amount per Xxxx equal to 101.635 per cent. of the Nominal Amount, together with accrued but unpaid Interest; and any time from the Interest Payment Date falling 57 months after the Issue Date to the Maturity Date at an amount per Bond equal to 100.00 per cent. of the Nominal Amount, together with accrued but unpaid Interest. 7.3.2 Redemption in accordance with Clause 7.3.1 shall be made by the Issuer giving not less than ten (10) Business Days’ notice to the Bondholders and the Trustee. The Notice from the Issuer shall specify the Redemption Date. The notice is irrevocable but may, at the Issuer’s discretion, contain one or more conditions precedent. Upon fulfilment of the conditions precedent (if any), the Issuer is bound to redeem the Bonds in full at the applicable amount on the specified Redemption Date.
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Voluntary Early Redemption. The Issuer may, prior to the Maturity Date, redeem all of the then outstanding Bonds (but not only some of them) at the Redemption Value (Valuation), provided always that the Issuer has provided the Bondholders no less than three (3) Business Days' (or such shorter period as the Bondholders may agree) irrevocable prior notice of the proposed date and amount of such redemption.
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Voluntary Early Redemption. (a) The Company shall have the right to redeem all or part of the NCDs by delivering a 5 (five) Business Days prior written notice (“Voluntary Early Redemption Date Notice”) to the Debenture Trustee specifying the date on which the NCDs will be redeemed.
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Voluntary Early Redemption. The Borrower may redeem a Loan Note issued under a Facility before its Final Redemption Date as follows: ----------------------------------------------------------------------------- (c) Mallesons Sxxxxxx Xxxxxx Loan Note Subscription Agreement 17 26 February 2004 (a) if not all Loan Notes issued under that Facility are being redeemed early, the aggregate principal amount of the Loan Notes to be redeemed early must be at least A$10,000,000 and a whole multiple of A$5,000,000 (unless the Facility Agent otherwise agrees); and (b) the Borrower must notify the proposed early redemption to the Facility Agent by 11am on the third Business Day before the early redemption. The notice must state the Facility under which the Loan Notes are being redeemed early. (Once given, a notice of early redemption is irrevocable and the Borrower is obliged to prepay in accordance with the notice).
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Voluntary Early Redemption. The Issuer may elect to prepay or redeem the Bonds at any time prior to the Final Maturity Date provided that such payment is not prohibited by the Intercreditor Deed or the Priority Deed.
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Voluntary Early Redemption. The Issuer reserves the right at any time to redeem all or part of the Bonds at an earlier date than the Maturity Date (“Voluntary Early Redemption”) without incurring any penalties other than, where applicable, the Early Redemption Compensation. The redeemed Bonds shall be cancelled immediately.
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Related to Voluntary Early Redemption

  • Optional Redemption (a) Prior to April 15, 2020, the Company may on any one or more occasions redeem up to 35% of the original aggregate principal amount of the Notes (calculated after giving effect to any issuance of Additional Notes) with the net cash proceeds of one or more Equity Offerings, upon not less than 30 nor more than 60 days’ notice mailed or otherwise delivered to each Holder (with a copy to the Trustee) in accordance with the applicable procedures of DTC, at a redemption price equal to 105.125% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the applicable redemption date; provided that: (1) at least 65% of the original aggregate principal amount of the Notes (calculated after giving effect to any issuance of Additional Notes) remains outstanding after each such redemption; and (2) such redemption occurs within 120 days after the closing of such Equity Offering. (b) At any time prior to April 15, 2022, the Company may redeem the Notes, in whole at any time and in part from time to time, upon not less than 30 nor more than 60 days’ prior notice mailed or otherwise delivered to each Holder in accordance with the applicable procedures of DTC, at a redemption price equal to 100% of the aggregate principal amount of the Notes to be redeemed, plus the Applicable Premium, plus accrued and unpaid interest to, but excluding, the redemption date. All calculations of Applicable Premium will be made by the Company and reported to the Trustee in writing, and the Trustee will have no duty or obligation to review the accuracy of such calculations. (c) Except pursuant to Section 3.07(a), (b) and (e) hereof, the Notes shall not be redeemable at the Company’s option prior to April 15, 2022. (d) On and after April 15, 2022, the Company may redeem the Notes, in whole at any time or in part from time to time, upon not less than 30 nor more than 60 days’ notice sent or otherwise delivered to each Holder (with a copy to the Trustee) in accordance with the applicable procedures of DTC, at the redemption prices (expressed as a percentage of the principal amount of the Notes to be redeemed) set forth below, plus accrued and unpaid interest, if any, on the Notes, to, but excluding, the applicable date of redemption (subject to the rights of holders of record on the relevant record date to receive interest on the relevant interest payment date), if redeemed during the twelve-month period beginning on April 15 of the years indicated below: 2022 102.563 % 2023 101.708 % 2024 100.854 % 2025 and thereafter 100.000 % (e) If the Company becomes obligated to pay any Additional Amounts because of a change in the laws or regulations of Canada or any Canadian Taxing Authority, or a change in any official position regarding the application or interpretation thereof, in either case that is publicly announced or becomes effective on or after the Issue Date, the Company may, at any time, redeem all, but not part, of the Notes at a price equal to 100% of the principal amount thereof, plus accrued and unpaid interest to (but excluding) the redemption date, provided that at any time that the aggregate principal amount of the Notes outstanding is greater than US$20.0 million, any Holder of the Notes may, to the extent that it does not adversely affect the Company’s after-tax position, at its option, waive the Company’s compliance with the provisions of Section 4.20 hereof with respect to such Holder’s Notes; provided, further, that if any Holder waives such compliance, the Company may not redeem that Holder’s Notes pursuant to this Section 3.07(e). (f) Any prepayment pursuant to this Section 3.07 shall be made pursuant to the provisions of Sections 3.01 through 3.06 hereof. (g) The Company shall be responsible for making all calculations called for under this Indenture (including, without limitation, calculation of the Applicable Premium) and the Notes. The Company will make all such calculations in good faith and, absent manifest error, its calculations will be final and binding on Holders. The Company will provide a schedule of its calculations to the Trustee when applicable, and the Trustee is entitled to rely conclusively upon the accuracy of such calculations without independent verification. The Trustee will deliver a copy of any such schedule to any Holder upon the written request of such Holder.

  • Special Redemption Principal payments on the Secured Notes shall be made in part in accordance with the Priority of Payments on any Payment Date (i) during the Reinvestment Period, if the Collateral Manager in its sole discretion notifies the Trustee at least five (5) Business Days prior to the applicable Special Redemption Date that it has been unable, for a period of at least twenty (20) consecutive Business Days, to identify additional Collateral Obligations that are deemed appropriate by the Collateral Manager in its sole discretion and which would satisfy the Investment Criteria in sufficient amounts to permit the investment or reinvestment of all or a portion of the funds then in the Collection Account that are to be invested in additional Collateral Obligations or (ii) after the Effective Date, if the Collateral Manager notifies the Trustee that a redemption is required pursuant to Section 7.18 in order to (A) satisfy the Effective Date S&P Conditions or (B) obtain from S&P its written confirmation of its Initial Ratings of the Secured Notes (each of (i) and (ii), a “Special Redemption”). On the first Payment Date following the Collection Period in which such notice is given (a “Special Redemption Date”), the amount in the Collection Account representing, as applicable, either (i) Principal Proceeds which the Collateral Manager has determined cannot be reinvested in additional Collateral Obligations will be applied as described in Section 11.1(a)(ii)(E), or (ii) Interest Proceeds and Principal Proceeds available therefor will be applied to pay principal of the Secured Notes in accordance with the Note Payment Sequence as described in Section 11.1(a)(i)(F) and Section 11.1(a)(ii)(C) (but in the case of this clause (ii), only to the extent that the Collateral Manager does not direct that the Interest Proceeds and Principal Proceeds be allocated to the purchase of additional Collateral Obligations) until the Issuer obtains written confirmation from S&P of the Initial Ratings of the Secured Notes or the Effective Date S&P Conditions have been satisfied (the applicable amount payable under clause (i) or (ii), the “Special Redemption Amount”) will be applied in accordance with the Priority of Payments. Notice of a Special Redemption shall be given by the Trustee not less than three (3) Business Days prior to the applicable Special Redemption Date (x) by email transmission, if available, and otherwise by facsimile, if available, or (y) by first class mail, postage prepaid, to each Holder of Securities affected thereby at such Holder’s facsimile number, email address or mailing address in the Register (and, in the case of Global Notes, delivered by electronic transmission to DTC) or the Share Register, as applicable, and to the Rating Agency.

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