Certificates Payable on Redemption Date Sample Clauses

Certificates Payable on Redemption Date. Notice of redemption, refinancing or purchase having been given as aforesaid (and not deemed revoked as contemplated in the proviso to Section 6.03(a)), the Certificates (or the purchase or refinancing price therefor) shall, on the applicable Redemption Date, become due and payable at the Redemption Price therefor at the principal corporate trust office of the Indenture Trustee or at any office or agency maintained for such purposes pursuant to Section 2.03, and from and after such Redemption Date (unless there shall be a default in the payment of the Redemption Price) any Certificates then Outstanding shall cease to bear interest. Unless payment prior to surrender is expressly provided for herein or in the Participation Agreement, upon surrender of any such Certificate for redemption or purchase in accordance with said notice such Certificate shall be paid at the Redemption Price. The Certificates shall not be subject to prepayment, redemption, refunding or refinancing except as provided in this Article 6 and in Section 8.02 hereof. If any Certificate called for redemption or purchase shall not be so paid upon surrender thereof for redemption or purchase, the principal amount thereof shall, until paid, continue to bear interest from the applicable Redemption Date at the interest rate applicable to such Certificate.
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Certificates Payable on Redemption Date. Notice of redemption having been given as provided in Section 10.03 hereof, the Certificates to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price and on such Redemption Date such Certificates shall cease to bear interest. The Holders of such Certificates shall be paid the Redemption Price by the Paying Agent on behalf of the Transferor; provided, however, that installments of principal and interest that are due regarding such Certificates on or prior to such Redemption Date shall be payable to the Holders of such Certificates registered as such on the relevant Record Dates according to their terms and the provisions of Section 2.08 hereof. If the Holders of any Certificate called for redemption shall not be so paid, the principal and premium on such Certificates, if any, shall, until paid, bear interest from the applicable Redemption Date at the Certificate Interest Rate.
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Certificates Payable on Redemption Date. On the Redemption --------------------------------------- Date, the Outstanding Certificates (other than Certificates being purchased pursuant to Section 8.02(a)) shall (except if the Owner Trustee has revoked such notice of redemption or purchase in accordance with Section 6.03 hereof) become due and payable and, in the case of a redemption, from and after such Redemption Date (unless there shall be a default in the payment of the Redemption Price) such Certificates shall cease to bear interest. Upon surrender of any such Certificate for redemption or purchase in accordance with said notice, such Certificate shall be paid or purchased at the Redemption Price. If any Certificate called for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid, continue to bear interest from the Redemption Date at the interest rate applicable to such Certificate.
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Certificates Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Certificates to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date (unless there shall be a default in the payment of the Redemption Price) such Certificates shall cease to bear Interest. Upon surrender of such Certificates for redemption in accordance with said notice, such Certificates shall be paid at the Redemption Price, exclusive, however, of installments of Interest maturing on or prior to the Redemption Date, payment of which shall have been made or duly provided for to the Holders of such Notes registered as such on the relevant Record Dates, or otherwise, according to their terms. If any Certificate called for redemption shall not be so paid upon surrender thereof for redemption, the Principal (and premium, if any) shall, until paid, continue to bear Interest from the Redemption Date at the Default Rate.
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Certificates Payable on Redemption Date. The Certificates to be redeemed shall on the Redemption Date become due and payable at the Redemption Price for the Certificates and (unless the Trust shall default in the payment of such Redemption Price) no interest shall accrue on the Redemption Price for any period after the date to which accrued interest is calculated for purposes of calculating the Redemption Price.
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Certificates Payable on Redemption Date. If the principal amount of any Class B-1 Certificate surrendered for redemption shall not be so repaid upon surrender thereof, such principal amount (together with Original Issue Discount, if any, thereon accreted to such Redemption Date) shall, until paid, continue to accrete at the accretion rate set forth in such Class B-1 Certificate until its Maturity and shall thereafter bear interest at a rate set forth in the Certificate.
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Certificates Payable on Redemption Date. Notice of redemption having been given as provided in Section 10.03 hereof, the Series of Certificates to be redeemed shall, on the applicable Redemption Date, become due and payable at the Redemption Price and on such Redemption Date such Certificates shall cease to bear interest. The Holders of such Certificates shall be paid the Redemption Price by the Paying Agent on behalf of the Transferor; provided, however, that installments of principal and interest that are due regarding such Series of Certificates on or prior to such Redemption Date shall be payable to the Holders of such Certificates registered as such on the relevant Record Dates according to their terms and the provisions of Section 2.08 hereof. If the Holders of any Certificate called for redemption shall not be so paid, the principal and premium on such Series of Certificates, if any, shall, until paid, bear interest from the applicable Redemption Date at the related Certificate Interest Rate. Upon purchase of all Lease Assets related to a specific Series Lease Schedule pursuant to Section 10.01(a) hereof and payment of the Redemption Price and all other amounts owing to each related Holder, any funds remaining in the Redemption Account after the payment of all such amounts shall be transferred to the Collection Account by the Trustee.
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Related to Certificates Payable on Redemption Date

  • Notes Payable on Redemption Date The Notes or portions thereof to be redeemed shall, following notice of redemption as required by Section 10.02, on the Redemption Date become due and payable at the Redemption Price and (unless the Issuer shall default in the payment of the Redemption Price) no interest shall accrue on the Redemption Price for any period after the date to which accrued interest is calculated for purposes of calculating the Redemption Price.

  • Securities Payable on Redemption Date Notice of redemption having been given as aforesaid, the Securities so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Securities shall cease to bear interest. Upon surrender of any such Security for redemption in accordance with said notice, such Security shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date; provided, however, that, unless otherwise specified as contemplated by Section 301, installments of interest whose Stated Maturity is on or prior to the Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal and any premium shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security.

  • Payment Upon Redemption (a) If the giving of notice of redemption shall have been completed as above provided, the Securities or portions of Securities of the series to be redeemed specified in such notice shall become due and payable on the date and at the place stated in such notice at the applicable redemption price, together with interest accrued to the date fixed for redemption and interest on such Securities or portions of Securities shall cease to accrue on and after the date fixed for redemption, unless the Company shall default in the payment of such redemption price and accrued interest with respect to any such Security or portion thereof. On presentation and surrender of such Securities on or after the date fixed for redemption at the place of payment specified in the notice, said Securities shall be paid and redeemed at the applicable redemption price for such series, together with interest accrued thereon to the date fixed for redemption (but if the date fixed for redemption is an interest payment date, the interest installment payable on such date shall be payable to the registered holder at the close of business on the applicable record date pursuant to Section 2.03).

  • Partial Redemptions, Payments, Etc The Custodian shall promptly advise the Fund or its designee upon its notification of a partial redemption, partial payment or other action with respect to a Security affecting fewer than all such Securities held within the Account. If the Custodian, any Foreign Custodian, Depository or Foreign Depository holds any Securities affected by one of the events described, the Custodian, the Foreign Custodian, Depository or Foreign Depository may select the Securities to participate in such partial redemption, partial payment or other action in any non-discriminatory manner that it customarily uses to make such selection.

  • Compensation for Buy-In on Failure to Timely Deliver Certificates Upon Conversion In addition to any other rights available to the Holder, if the Company fails for any reason to deliver to the Holder such certificate or certificates by the Share Delivery Date pursuant to Section 4(c)(ii), and if after such Share Delivery Date the Holder is required by its brokerage firm to purchase (in an open market transaction or otherwise), or the Holder’s brokerage firm otherwise purchases, shares of Common Stock to deliver in satisfaction of a sale by the Holder of the Conversion Shares which the Holder was entitled to receive upon the conversion relating to such Share Delivery Date (a “Buy-In”), then the Company shall (A) pay in cash to the Holder (in addition to any other remedies available to or elected by the Holder) the amount, if any, by which (x) the Holder’s total purchase price (including any brokerage commissions) for the Common Stock so purchased exceeds (y) the product of (1) the aggregate number of shares of Common Stock that the Holder was entitled to receive from the conversion at issue multiplied by (2) the actual sale price at which the sell order giving rise to such purchase obligation was executed (including any brokerage commissions) and (B) at the option of the Holder, either reissue (if surrendered) this Debenture in a principal amount equal to the principal amount of the attempted conversion (in which case such conversion shall be deemed rescinded) or deliver to the Holder the number of shares of Common Stock that would have been issued if the Company had timely complied with its delivery requirements under Section 4(c)(ii). For example, if the Holder purchases Common Stock having a total purchase price of $11,000 to cover a Buy-In with respect to an attempted conversion of this Debenture with respect to which the actual sale price of the Conversion Shares (including any brokerage commissions) giving rise to such purchase obligation was a total of $10,000 under clause (A) of the immediately preceding sentence, the Company shall be required to pay the Holder $1,000. The Holder shall provide the Company written notice indicating the amounts payable to the Holder in respect of the Buy-In and, upon request of the Company, evidence of the amount of such loss. Nothing herein shall limit a Holder’s right to pursue any other remedies available to it hereunder, at law or in equity including, without limitation, a decree of specific performance and/or injunctive relief with respect to the Company’s failure to timely deliver certificates representing shares of Common Stock upon conversion of this Debenture as required pursuant to the terms hereof.

  • Date Fixed for, and Notice of, Redemption; Redemption Price; Reference Value In the event that the Company elects to redeem the Warrants pursuant to Sections 6.1 or 6.2, the Company shall fix a date for the redemption (the “Redemption Date”). Notice of redemption shall be mailed by first class mail, postage prepaid, by the Company not less than thirty (30) days prior to the Redemption Date (the “30-day Redemption Period”) to the Registered Holders of the Warrants to be redeemed at their last addresses as they shall appear on the registration books. Any notice mailed in the manner herein provided shall be conclusively presumed to have been duly given whether or not the Registered Holder received such notice. As used in this Agreement, (a) “Redemption Price” shall mean the price per Warrant at which any Warrants are redeemed pursuant to Sections 6.1 or 6.2 and (b) “Reference Value” shall mean the last reported sales price of the Ordinary Shares for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Cancellation of Notes Paid, Etc All Notes surrendered for the purpose of payment, repurchase, conversion, exchange or registration of transfer, shall, if surrendered to the Company or any Paying Agent or any Note Registrar or any Conversion Agent, be surrendered to the Trustee and promptly canceled by it, or, if surrendered to the Trustee, shall be promptly canceled by it, and no Notes shall be issued in lieu thereof except as expressly permitted by any of the provisions of this Indenture. The Trustee shall dispose of canceled Notes in accordance with its customary procedures and, after such disposition, shall deliver a certificate of such disposition to the Company, at the Company’s written request. If the Company shall acquire any of the Notes, such acquisition shall not operate as satisfaction of the indebtedness represented by such Notes unless and until the same are delivered to the Trustee for cancellation.

  • Cancellation of Notes Paid, Converted, Etc The Company shall cause all Notes surrendered for the purpose of payment at maturity, repurchase upon a Fundamental Change, redemption, registration of transfer or exchange or conversion (other than any Notes exchanged pursuant to Section 14.12), if surrendered to the Company or any of its agents or Subsidiaries, to be surrendered to the Trustee for cancellation. All Notes delivered to the Trustee shall be canceled promptly by it in accordance with its customary procedures. Except for any Notes surrendered for registration of transfer or exchange, or as otherwise expressly permitted by any of the provisions of this Indenture, no Notes shall be authenticated in exchange for any Notes surrendered to the Trustee for cancellation. The Trustee shall dispose of canceled Notes in accordance with its customary procedures and, after such disposition, shall deliver evidence of such disposition to the Company, at the Company’s written request in a Company Order.

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