Common use of 2031 Notes Clause in Contracts

2031 Notes. (1) At any time prior to September 15, 2027, the Issuer may, on one or more occasions, redeem up to 40% of the aggregate principal amount of the 2031 Notes issued under this Indenture (including Additional 2031 Notes) at a redemption price of 105.625% of the principal amount of the 2031 Notes redeemed, plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date, subject to the right of Holders of record on the relevant record date to receive interest due on an interest payment date that is on or prior to the Redemption Date, in an amount not greater than the net cash proceeds of one or more Equity Offerings; provided that: (I) at least 60% of the aggregate principal amount of the 2031 Notes issued on the date of this Indenture remains outstanding immediately after the occurrence of such redemption (excluding 2031 Notes held by the Issuer and its Subsidiaries); and (II) the redemption occurs within 180 days of the date of the closing of each such Equity Offering. (2) On and after September 15, 2027, the Issuer may, on one or more occasions, redeem all or a part of the 2031 Notes (including Additional 2031 Notes) at the redemption prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest, if any, on the 2031 Notes redeemed to, but excluding, the applicable Redemption Date (subject to the right of Holders of record on the relevant record date to receive interest due on an interest payment date that is on or prior to the Redemption Date), if redeemed during the twelve-month period beginning on September 15 of the years indicated below: 2027 102.813 % 2028 101.406 % 2029 and thereafter 100.000 % (3) Prior to September 15, 2027, the Issuer may, on one or more occasions, redeem all or part of the 2031 Notes (including Additional 2031 Notes) at a redemption price equal to the sum of the principal amount thereof, plus the Applicable Premium for the 2031 Notes, plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date (subject to the right of Holders of record on the relevant record date to receive interest due on an interest payment date that is on or prior to the Redemption Date).

2031 Notes. (1) At any time prior to September March 15, 20272028, the Issuer may, on one or more occasions, redeem up to 40% of the aggregate principal amount of the 2031 Notes issued under this Indenture (including Additional 2031 Notes) at a redemption price of 105.625105.375% of the principal amount of the 2031 Notes redeemed, plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date, subject to the right of Holders of record on the relevant record date to receive interest due on an interest payment date that is on or prior to the Redemption Date, in an amount not greater than the net cash proceeds of one or more Equity Offerings; provided that: (I) at least 60% of the aggregate principal amount of the 2031 Notes issued on the date of this Indenture remains outstanding immediately after the occurrence of such redemption (excluding 2031 Notes held by the Issuer and its Subsidiaries); and (II) the redemption occurs within 180 days of the date of the closing of each such Equity Offering. (2) On and after September March 15, 20272028, the Issuer may, on one or more occasions, redeem all or a part of the 2031 Notes (including Additional 2031 Notes) at the redemption prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest, if any, on the 2031 Notes redeemed to, but excluding, the applicable Redemption Date (subject to the right of Holders of record on the relevant record date to receive interest due on an interest payment date that is on or prior to the Redemption Date), if redeemed during the twelve-month period beginning on September March 15 of the years indicated below: 2027 102.813 % 2028 101.406 102.688 % 2029 101.344 % 2030 and thereafter 100.000 % (3) Prior to September March 15, 20272028, the Issuer may, on one or more occasions, redeem all or part of the 2031 Notes (including Additional 2031 Notes) at a redemption price equal to the sum of the principal amount thereof, plus the Applicable Premium for the 2031 Notes, plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date (subject to the right of Holders of record on the relevant record date to receive interest due on an interest payment date that is on or prior to the Redemption Date).