Examples of Special Mandatory Redemption Event in a sentence
The Issuer will deliver notice of the Special Mandatory Redemption to the Trustee on the date of the Special Mandatory Redemption Event for delivery to Holders.
Upon the occurrence of a Special Mandatory Redemption Event, the Company will be required to redeem the Notes in whole at a special mandatory redemption price (the “Special Mandatory Redemption Price”) equal to 101% of the aggregate principal amount of the Notes to be redeemed, plus accrued and unpaid interest on the principal amount of such Notes to, but excluding, the Special Mandatory Redemption Date (as defined below).
The Eighth Supplemental Indenture provides that the Company will cause the notice of redemption pursuant to Section 209 of the Eighth Supplemental Indenture to be sent to each Holder, with a copy to the Trustee, within five Business Days after the occurrence of a Special Mandatory Redemption Event.
The Company will deliver notice of the occurrence of a Special Mandatory Redemption Event (a “Special Mandatory Redemption Notice”) to the Trustee within three business days following the occurrence of a Special Mandatory Redemption Event and not less than five business days prior to the anticipated Special Mandatory Redemption Date.
The “Special Mandatory Redemption Date” shall be a date selected by the Company that is no later than 30 days following any Special Mandatory Redemption Event.