Examples of All Notes Election in a sentence
The Company will specify whether it has made an All Notes Election in the corresponding Redemption Notice for such partial Redemption.
If the Company elects to redeem fewer than all outstanding Notes (a “Partial Redemption”), at least $100,000,000 aggregate principal amount of Notes must be outstanding and not subject to Optional Redemption pursuant to the relevant Redemption Notice as of the related Redemption Notice Date (such aggregate principal amount, the “Partial Redemption Limit”) unless the Company shall have made an All Notes Election with respect to such Partial Redemption pursuant to Section 14.01(b)(v).
A conversion of Notes shall be deemed for these purposes to be “in connection with” a Redemption Notice pursuant to clause (y) above if (and only if) the relevant Conversion Date of such Notes called (or deemed called) for redemption (or the Conversion Date of any Notes, if the Company has made an All Notes Election) occurs during the period from, and including, the date of the Redemption Notice until the close of business on the Scheduled Trading Day immediately preceding corresponding Redemption Date.
If the Company elects to redeem fewer than all of the outstanding Notes (a “Partial Redemption”), at least $100,000,000 aggregate principal amount of Notes must be outstanding and not subject to Optional Redemption pursuant to the relevant Redemption Notice as of the related Redemption Notice Date (such aggregate principal amount, the “Partial Redemption Limitation”) unless the Company shall have made an All Notes Election with respect to such Partial Redemption pursuant to Section 14.01(b)(v).
If the Company calls any Notes for Redemption, then the Holder of such Notes called for Redemption (or any Notes if the Company has made an All Notes Election) may convert such Notes at any time before the Close of Business on the Business Day immediately before the related Redemption Date (or, if the Company fails to pay the Redemption Price due on such Redemption Date in full, at any time until such time as the Company pays such Redemption Price in full).
If the Company elects to redeem less than all of the outstanding Notes, at least one hundred and fifty million dollars ($150,000,000) aggregate principal amount of Notes must be outstanding and not subject to Redemption as of the relevant Redemption Notice Date (such requirement, the “Partial Redemption Limitation”), unless the Company makes an All Notes Election.
For the avoidance of doubt, the Company shall increase the Conversion Rate during the related Redemption Period only with respect to conversions of Notes called (or deemed called) for redemption, and not for Notes not called (or deemed called) for redemption; provided that if the Company makes an All Notes Election, all Notes shall be deemed called for redemption for the purposes of this Section 14.03.
Accordingly, if the Company elects to redeem less than all of the outstanding Notes, unless the Company makes an All Notes Election, the Notes not called for redemption shall not be convertible on account of such Redemption Notice and, to the extent the Notes are otherwise convertible, shall not be entitled to an increased Conversion Rate for conversions of such Notes (on account of the Redemption Notice) during the related Redemption Period, except in the limited circumstances set forth under Article 14.
If the Company elects to redeem fewer than all outstanding Notes (a “Partial Redemption”), at least $100,000,000 aggregate principal amount of Notes must be outstanding and not subject to Optional Redemption pursuant to the relevant Redemption Notice as of the related Redemption Notice Date (such aggregate principal amount, the “Partial Redemption Limit”) unless the Company shall have made an All Notes Election with respect to such Partial Redemption pursuant to Section 14.01(b)(iv).
Will sewerage facilities, roads, schools, shops etc be adequate if the development goes ahead?).3.5 What happens to your representationIn general, planning officials assess the application against the development plans and national guidelines, along with representation and objections from consultees and the public.