Examples of Notice of Provisional Redemption in a sentence
Upon surrender to the Paying Agent, such redeemed Notes shall be paid at the Redemption Price stated in the Notice of Tax Redemption or Notice of Provisional Redemption, as applicable.
Once a Notice of Tax Redemption or a Notice of Provisional Redemption is given, Notes to be redeemed become due and payable on the Redemption Date and at the Redemption Price stated in such notice, except for Notes which are exchanged pursuant to Article 7 and except for Notes subject to Section 5.03.
Failure to give the Notice of Tax Redemption or Notice of Provisional Redemption or any defect in such notice to any Holder shall not affect the validity of such notice to any other Holder.
If the Issuer has provided a Notice of Tax Redemption or a Notice of Provisional Redemption, Holders may exchange all or any portion of their Notes at any time prior to the Close of Business on the second Scheduled Trading Day preceding the Redemption Date.
Accordingly, if the Issuer elects to redeem fewer than all of the outstanding Notes pursuant to a Partial Redemption, Holders of the Notes that are not Called Notes will not be entitled to exchange such Notes on account of the Notice of Provisional Redemption and will not be entitled to an increased Exchange Rate on account of the Notice of Provisional Redemption, even if such Notes are otherwise exchangeable pursuant to any provision of Section 7.01 and are exchanged during the related Redemption Period.
On or after March 20, 2019, the Issuer may redeem for cash all or any portion of the Notes then outstanding if the Last Reported Sale Price of the Ordinary Shares has been at least 130% of the Exchange Price then in effect for at least 20 Trading Days (whether or not consecutive) during any 30 consecutive Trading Day period ending on, and including, the Trading Day immediately preceding the date on which the Issuer provides a Notice of Provisional Redemption.
Notice of Provisional Redemption pursuant to paragraph 5 must be mailed at least 15 days, but not more than 60 days, before the Provisional Redemption Date to each holder of Securities to be redeemed at his address as shown on the register kept by the Registrar, and to beneficial owners as required by applicable law.
On or after August 20, 2018, the Issuer may redeem for cash all or any portion of the Notes then outstanding if the Last Reported Sale Price of the Ordinary Shares has been at least 130% of the Exchange Price then in effect for at least 20 Trading Days (whether or not consecutive) during any 30 consecutive Trading Day period ending on, and including, the Trading Day immediately preceding the date on which the Issuer provides a Notice of Provisional Redemption.
If the Issuer elects to redeem fewer than all of the outstanding Notes (a “Partial Redemption”), at least $150,000,000 aggregate principal amount of Notes must be outstanding and not subject to Provisional Redemption pursuant to the relevant Notice of Provisional Redemption as of the related Redemption Notice Date (such requirement, the “Partial Redemption Limit”).
On or after August 20, 2021, the Issuer may redeem for cash all or any portion of the Notes then outstanding if the Last Reported Sale Price of the Ordinary Shares has been at least 130% of the Exchange Price then in effect for at least 20 Trading Days (whether or not consecutive) during any 30 consecutive Trading Day period ending within the three Trading Days immediately preceding the date on which the Issuer provides a Notice of Provisional Redemption.