Common use of Deposit of Redemption Price Clause in Contracts

Deposit of Redemption Price. By 11:00 a.m., New York City time, on any Redemption Date, the Issuers or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 12 contracts

Samples: Indenture (Linn Energy Finance Corp.), Indenture (Linn Energy Finance Corp.), Indenture (EQT MIDSTREAM FINANCE Corp)

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Deposit of Redemption Price. By 11:00 a.m., New York City time, on any Redemption Date, the Issuers Company or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Company or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Company or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers Company and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 8 contracts

Samples: Indenture (LGI Homes-Florida, LLC), Indenture (LGI Homes-Windmill Farms, LLC), Indenture (LGI Homes, Inc.)

Deposit of Redemption Price. By On or prior to 11:00 a.m., New York City time, on any Redemption Date, the Issuers Company or a Subsidiary the Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such Subsidiary the Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Company or a Subsidiary the Guarantor to the Trustee for cancellation. If the Issuers Company or a Subsidiary the Guarantor complies with the preceding paragraph, then, unless the Issuers Company and the Subsidiary Guarantors Guarantor default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 8 contracts

Samples: Indenture (Conocophillips), Phillips 66, Conocophillips

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Company to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor Company complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Company defaults in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities' yield to maturity.

Appears in 7 contracts

Samples: Indenture (Cabot Oil & Gas Corp), Indenture (Cabot Oil & Gas Corp), Indenture (Conoco Inc /De)

Deposit of Redemption Price. By On or prior to 11:00 a.m., New York City time, on any Redemption Date, the Issuers Partnership or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Partnership or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Partnership or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Partnership or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers Partnership and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 7 contracts

Samples: Indenture (K-Sea Transportation Inc.), Indenture (K-Sea Transportation Inc.), ETC Texas Pipeline, LTD

Deposit of Redemption Price. By 11:00 a.m., New York City time, on any Redemption Date, the Issuers Company or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Company or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Company or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers and Company or the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 7 contracts

Samples: Indenture (Jones Energy, Inc.), Indenture (Jones Energy Holdings, LLC), Indenture (Jones Energy Holdings, LLC)

Deposit of Redemption Price. By On or prior to 11:00 a.m., New York City time, on any Redemption Date, the Issuers Partnership or a Subsidiary the Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Partnership or such Subsidiary the Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Partnership or a Subsidiary the Guarantor to the Trustee for cancellation. If the Issuers Partnership or a Subsidiary the Guarantor complies with the preceding paragraph, then, unless the Issuers Partnership and the Subsidiary Guarantors Guarantor default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities' yield to maturity.

Appears in 6 contracts

Samples: Martin Operating Partnership L.P., Martin Operating Partnership L.P., Martin Operating Partnership L.P.

Deposit of Redemption Price. By 11:00 a.m., New York City time, on Prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date. Section 1106 Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities or portions thereof called for redemption so to be redeemed shall, on that the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, (unless the Issuers and the Subsidiary Guarantors 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 on to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date; provided, whether however, that, unless otherwise specified as contemplated by Section 301, installments of interest whose Stated Maturity is on or not such Securities are presented for payment, and prior to the Redemption Date will be payable to the Holders of such Securities shall have no further rights with respect Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to such Securities except for their terms and the right to receive the Redemption Price upon surrender provisions of such SecuritiesSection 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, principal and any Additional Amounts, and, to the extent lawful, accrued interest thereon premium shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Security. Section 1107 Securities orRedeemed in Part. Any Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series and of like tenor, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the case unredeemed portion of Original Issue Discount Securities, such Securities’ yield to maturitythe principal of the Security so surrendered.

Appears in 6 contracts

Samples: SNH Nebraska Inc, SNH Nebraska Inc, Sba Communications Corp

Deposit of Redemption Price. By 11:00 a.m., New York City time, On or before noon on any the Redemption Date, the Issuers or a Subsidiary Guarantor Issuer shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds U.S. Legal Tender sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the of all Securities or portions thereof which are to be redeemed on that date, date (other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Issuer to the Trustee for cancellation). Paying Agent shall promptly return to Issuer any U.S. Legal Tender so deposited which is not required for that purpose upon the written request of Issuer, except with respect to monies owed as obligations to Trustee pursuant to Article VI. If the Issuers or a Subsidiary Guarantor Issuer complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Issuer defaults in the payment of such Redemption Price, interest on the Securities or portions thereof to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment. If a Security or portion thereof is redeemed on or after a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest shall be paid to the Holders Person in whose name such Security was registered at the close of business on such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such SecuritiesRecord Date. If any Security or portion thereof called for redemption shall not be so paid upon surrender thereof for redemptionredemption because of the failure of Issuer to comply with the first paragraph of this Section 3.5, interest shall be paid on the unpaid principal, premium, if any, any Additional Amountsfrom the Redemption Date until such principal is paid, and, to the extent lawful, accrued on any interest thereon shallnot paid on such unpaid principal, until paid, bear interest from the Redemption Date in each case at the rate specified pursuant to Section 2.01 or provided in the Securities or, and in the case of Original Issue Discount Securities, such Securities’ yield to maturitySection 4.1 hereof.

Appears in 6 contracts

Samples: Indenture (Scott Cable Communications Inc), Indenture (Scott Cable Communications Inc), Indenture (Scott Cable Communications Inc)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Company to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor Company complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Company defaults in the payment of such Redemption Price, plus accrued interest on and any Additional Amounts with respect to such Securities, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price Price, plus accrued interest on and any Additional Amounts with respect to such Securities, upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal of and premium, if any, any Additional Amounts, andand accrued interest thereon, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities' initial yield to maturityMaturity.

Appears in 4 contracts

Samples: Indenture (Seitel Capital Trust Ii), Seitel Capital Trust Ii, R&b Falcon Corp

Deposit of Redemption Price. By 11:00 On or prior to 10:00 a.m., New York City time, on any Redemption Date, the Issuers Partnership or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Partnership or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Debt Securities or portions thereof which are to be redeemed on that date, other than Debt Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Partnership or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Partnership or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers Partnership and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Debt Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Debt Securities are presented for payment, and the Holders of such Debt Securities shall have no further rights with respect to such Debt Securities except for the right to receive the Redemption Price upon surrender of such Debt Securities. If any Debt Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Debt Securities or, in the case of Original Issue Discount Securities, such Debt Securities’ yield to maturity.

Appears in 4 contracts

Samples: Indenture (Energy Transfer Partners, L.P.), Indenture (Energy Transfer LP), Energy Transfer LP

Deposit of Redemption Price. By 11:00 a.m., New York City time, on any On or before the Redemption Date, the Issuers or a Subsidiary Guarantor Issuer shall deposit with the Trustee or with the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Issuer is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.062.03) an amount of money in same day funds sufficient to pay the Redemption Price of, of and (except if the Redemption Date shall be an Interest Payment Date) accrued interest (including Additional Interest, if any) on and any Additional Amounts with respect to, the Securities or portions thereof which are all Notes to be redeemed on that date, other provided, however, that any funds deposited on the Redemption Date shall be deposited by the Issuer no later than Securities 10:00 a.m., New York City time on such Redemption Date. The Trustee or the Paying Agent shall promptly return to the Issuer any money not required for that purpose. On and after the Redemption Date, unless the Issuer and the Guarantors shall default in the payment of the Redemption Price, interest and Additional Interest, if applicable, will cease to accrue on the principal amount of the Notes or portions thereof called for redemption on that date and for which funds have been delivered by set apart for payment and such Notes, or portions thereof, shall cease after the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default in the payment close of such Redemption Price, interest business on the Securities Trading Day immediately preceding the Redemption Date to be redeemed will cease convertible into Common Shares and, except as provided in this Section 3.07, to accrue on and after the applicable Redemption Date, whether be entitled to any benefit or not such Securities are presented for paymentsecurity under this Indenture, and the Holders of such Securities holders thereof shall have no further rights with right in respect to of such Securities Notes, or portions thereof, except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premiumand unpaid interest and Additional Interest, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from (but excluding) the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in Date. In the case of Original Issue Discount SecuritiesNotes or portions thereof redeemed on a Redemption Date which is also an Interest Payment Date, the interest payment and Additional Interest, if any, due on such Securities’ yield date shall be paid to maturitythe person in whose name the Note is registered at the close of business on the relevant Regular Record Date.

Appears in 4 contracts

Samples: Indenture (Nortel Networks Corp), Indenture (Nortel Networks Corp), Indenture (Nortel Networks LTD)

Deposit of Redemption Price. By 11:00 a.m., On or before 10:00 a.m. (New York City time, ) on any the Redemption Date, the Issuers or a Subsidiary Guarantor Issuer shall deposit with the Trustee or with the Paying Agent (or, if either the Issuer or a Subsidiary of the Issuers or such Subsidiary Guarantor Issuer is acting as the Paying Agent, shall segregate and hold in trust as provided in Section 2.06trust) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, the all Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof of Securities called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Issuer to the Trustee for cancellation. If The Trustee or the Issuers or a Subsidiary Guarantor complies Paying Agent shall as promptly as practicable return to the Issuer any money deposited with the preceding paragraphTrustee or the Paying Agent by the Issuer in excess of the amounts necessary to pay the Redemption Price of, thenand accrued interest on, unless the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the all Securities to be redeemed will cease to accrue on redeemed. If such money is then held by the Issuer in trust and is not required for such purpose it shall be discharged from such trust. In addition, if any money deposited with the Trustee or with the Paying Agent, or held by the Issuer, in respect of any redemption of Securities remains unclaimed for two years after the applicable Redemption Date, whether or not such Securities are presented for paymentmoney shall be handled in accordance with Section 8.06. If the Issuer complies with the provisions of the preceding paragraph, on and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive after the Redemption Price upon surrender Date, interest shall cease to accrue on the Securities or the portions of the Securities called for redemption. If a Security is redeemed on or after a Regular Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest shall be paid to the Person in whose name such SecuritiesSecurity was registered at the close of business on such Regular Record Date. If any Security called for redemption shall not be so paid upon surrender thereof for redemptionredemption because of the failure of the Issuer to comply with the preceding paragraph, interest shall be paid on the unpaid principal, premium, if any, any Additional Amountsfrom the Redemption Date until such principal is paid, and, to the extent lawful, accrued on any interest thereon shallnot paid on such unpaid principal, until paid, bear interest from the Redemption Date in each case at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 4 contracts

Samples: Indenture (Healthpeak OP, LLC), Physicians Realty L.P., Physicians Realty L.P.

Deposit of Redemption Price. By Prior to 11:00 a.m., a.m. (New York City time, ) on any a Redemption Date, the Issuers Issuer or a Subsidiary the Guarantor shall deposit with the Trustee or the Paying Agent (or, or if either of the Issuers Issuer or such Subsidiary the Guarantor is acting as the Paying Agent, it shall segregate and hold in trust as provided in Section 2.06trust) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are of all Notes to be redeemed on that date, date other than Securities Notes or portions thereof called for redemption of Notes to be redeemed which on that date which or prior thereto have been delivered by the Issuers or a Subsidiary Guarantor Issuer to the Trustee for cancellationcancellation or have been exchanged. The Paying Agent shall as promptly as practicable return to the Issuer or the Guarantor any money not required for that purpose because of exchange of Notes pursuant to Article 7. If such money is then held by the Issuer or the Guarantor in trust and is not required for such purpose it shall be discharged from such trust. If the Issuers Paying Agent holds money sufficient to pay the Redemption Price with respect to any Notes (i) for which a Notice of Tax Redemption has been given and with respect to which a Notice of Tax Redemption Election has not been made or deemed to have been made or (ii) for which a Subsidiary Guarantor complies with the preceding paragraphNotice of Provisional Redemption has been given, then, unless the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue immediately on and after the applicable Redemption Date, interest on such Notes shall cease to accrue whether or not such Securities the Notes are presented for paymentdelivered to the Paying Agent, and all other rights of the Holders of such Securities Notes shall have no further rights with respect to such Securities except for terminate, other than the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemptionNote, the principal, premiumincluding Additional Amounts, if any, with respect thereto. Nothing herein shall preclude the withholding of any Additional Amounts, and, taxes required by law to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 be withheld or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturitydeducted.

Appears in 4 contracts

Samples: Indenture (Jazz Pharmaceuticals PLC), Indenture (Jazz Pharmaceuticals PLC), Indenture (Jazz Pharmaceuticals PLC)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money and/or, to the extent the Debt Securities to be redeemed are denominated and payable in same day funds Dollars only, Eligible Instruments the payments of principal and interest on which when due (and without reinvestment and providing no tax liability will be imposed upon the Trustee or the Holders of the Debt Securities to be redeemed) will provide money on or prior to the Redemption Date in such amounts as will (together with any money irrevocably deposited in trust with the Trustee, without investment) be sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Debt Securities or portions thereof which are to be redeemed on that date; provided, other than however, that deposits with respect to Bearer Securities shall be made with a Paying Agent or portions thereof called for redemption on that date which have been delivered by Paying Agents located outside the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, thenUnited States except as otherwise provided in Section 1002, unless otherwise specified as contemplated by Section 301. SECTION 1106. Debt Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Issuers Debt Securities to be redeemed shall, on the Redemption Date, become due and payable at the Subsidiary Guarantors 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 Debt Securities shall cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Debt Security for redemption in accordance with said notice, such Debt Security shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date; provided, however, that installments of interest on Bearer Securities whose Stated Maturity is on or prior to the Securities to Redemption Date shall be redeemed will cease to accrue on payable only upon presentation and after surrender of coupons for such interest (at an office or agency located outside the applicable Redemption Date, whether or not such Securities are presented for paymentUnited States except as otherwise provided in Section 1002), and provided further, that installments of interest on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Securities Debt Securities, or one or more Predecessor Securities, registered as such on the relevant Record Dates according to their terms and the provisions of Section 307. If any Bearer Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Bearer Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Bearer Security shall surrender to the Trustee or any Paying Agent any such missing coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted without interest thereon; provided, however, that interest represented by coupons shall be payable only upon presentation and surrender of such Securitiesthose coupons at an office or agency located outside of the United States except as otherwise provided in Section 1002. If any Debt Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal (and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityDebt Security.

Appears in 4 contracts

Samples: Indenture (Wells Fargo & Co/Mn), Indenture (Wells Fargo & Co/Mn), Indenture (Wells Fargo & Co/Mn)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Company to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor Company complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Company defaults in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 4 contracts

Samples: Indenture (Civeo Corp), Civeo Corp, Westlake Chemical Corp

Deposit of Redemption Price. By 11:00 At or prior to 10:00 a.m., New York City time, on any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit deposit, with respect to the Securities of any series called for redemption pursuant to Section 1104, with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds the applicable Currency sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date, unless otherwise specified pursuant to Section 301 or in the Securities of such series) any accrued interest on and any Additional Amounts with respect toto such accrued interest, the all such Securities or portions thereof which are to be redeemed on that date. Section 1106 Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid and all conditions specified pursuant to Section 301 having been satisfied, other than the Securities or portions thereof called for redemption so to be redeemed shall, on that the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, (unless the Issuers and the Subsidiary Guarantors 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 any accrued interest and Additional Amounts to the Redemption Date; provided, however, that, except as otherwise specified in or pursuant to this Indenture or the Registered Securities of such series, installments of interest on Registered Securities whose Stated Maturity is on or prior to the Securities Redemption Date shall be payable to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities, or one or more Predecessor Securities, registered as such at the close of business on the Regular Record Dates therefor according to their terms and the provisions of Section 307. Unless otherwise specified in or pursuant to this Indenture or the Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any series, if any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal and any premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, shall bear interest from the Redemption Date at the rate specified pursuant prescribed therefor in the Security. Section 1107 Securities Redeemed in Part. Any Registered Security that is to be redeemed only in part shall be surrendered at any Office or Agency for such Security (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing) and the Company shall execute and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Registered Security or Securities of the same series, containing identical terms and provisions, of any authorized denomination as requested by such Holder in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal amount of the Security so surrendered. Subject to Section 2.01 203, if a Global Security is so surrendered, the Company shall execute, and the Trustee shall authenticate and deliver to or provided on behalf of the U.S. Depositary or other Depositary for such Global Security as shall be specified in the Securities orCompany Order with respect thereto to the Trustee, without service charge, a new Global Security in a denomination equal to and in exchange for the case unredeemed portion of Original Issue Discount Securities, such Securities’ yield to maturitythe principal of the Global Security so surrendered.

Appears in 3 contracts

Samples: Enable Midstream Partners, LP, DCP Midstream Operating, LP, Centerpoint Energy Resources Corp

Deposit of Redemption Price. By 11:00 a.m., New York City time, No later than 10 a.m. on any Redemption Date, the Issuers or a Subsidiary Guarantor Issuer shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Issuer is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date. SECTION 1106 Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities or portions thereof called for redemption so to be redeemed shall, on that the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, (unless the Issuers and the Subsidiary Guarantors Issuer 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 Issuer at the Redemption Price, together with accrued interest on to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date; provided, whether however, that, unless otherwise specified as contemplated by Section 301, installments of interest whose Stated Maturity is on or not such Securities are presented for payment, and prior to the Redemption Date will be payable to the Holders of such Securities shall have no further rights with respect Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to such Securities except for their terms and the right to receive the Redemption Price upon surrender provisions of such SecuritiesSection 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, principal and any Additional Amounts, and, to the extent lawful, accrued interest thereon premium shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Security. SECTION 1107 Securities orRedeemed in Part. Any Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Issuer or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Issuer and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Issuer shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series and of like tenor, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the case unredeemed portion of Original Issue Discount Securities, such Securities’ yield to maturitythe principal of the Security so surrendered.

Appears in 3 contracts

Samples: Etrans LLC, Electric Generation LLC, Gtrans LLC

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money and/or, to the extent the Debt Securities to be redeemed are denominated and payable in same day funds Dollars only, Eligible Instruments the payments of principal and interest on which when due (and without reinvestment and providing no tax liability will be imposed upon the Trustee or the Holders of the Debt Securities to be redeemed) will provide money on or prior to the Redemption Date in such amounts as will (together with any money irrevocably deposited in trust with the Trustee, without investment) be sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and (including any Additional Amounts with respect toInterest) on, all the Debt Securities or portions thereof which are to be redeemed on that date; provided, other than however, that deposits with respect to Bearer Securities shall be made with a Paying Agent or portions thereof called for redemption on that date which have been delivered by Paying Agents located outside the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, thenUnited States except as otherwise provided in Section 1002, unless otherwise specified as contemplated by Section 301. Section 1106. Debt Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Issuers Debt Securities to be redeemed shall, on the Redemption Date, become due and payable at the Subsidiary Guarantors 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 Debt Securities shall cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Debt Security for redemption in accordance with said notice, such Debt Security shall be paid by the Company at the Redemption Price, together with accrued interest on (including any Additional Interest) to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date; provided, whether however, that installments of interest (including any Additional Interest) on Bearer Securities whose Stated Maturity is on or not prior to the Redemption Date shall be payable only upon presentation and surrender of coupons for such Securities are presented for paymentinterest (at an office or agency located outside the United States except as otherwise provided in Section 1002), and provided further, that installments of interest (including any Additional Interest) on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Securities Debt Securities, or one or more Predecessor Securities, registered as such on the relevant Record Dates according to their terms and the provisions of Section 307. If any Bearer Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Bearer Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Bearer Security shall surrender to the Trustee or any Paying Agent any such missing coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted without interest thereon; provided, however, that interest represented by coupons shall be payable only upon presentation and surrender of such Securitiesthose coupons at an office or agency located outside of the United States except as otherwise provided in Section 1002. If any Debt Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal (and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityDebt Security.

Appears in 3 contracts

Samples: Indenture (Popular Inc), Indenture (Wells Fargo Capital Iv), South Financial Group Inc

Deposit of Redemption Price. By If the redemption price is to be satisfied pursuant to the Cash Settlement or the Combination Settlement, on or prior to 11:00 a.m., New York City time, on any each Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of immediately available funds money in same day funds sufficient to pay the Redemption Price of, redemption price (or the Specified Cash Amount with respect to a Combination Settlement)of and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the all Securities or portions thereof which are to be redeemed on that date, date other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Company to the Trustee for cancellation; provided, however, that to the extent any such funds are received by the Paying Agent from the Company after 10:00 a.m., New York City time, on the Redemption Date, such funds will be distributed to the Holders within one Business Day of receipt thereof. Promptly after the calculation of the redemption price, the Company shall give the Trustee and any Paying Agent written notice thereof. If the Issuers redemption price is to be satisfied pursuant to the Cash Settlement or a Subsidiary Guarantor complies the Combination Settlement, on and after any Redemption Date, if money sufficient to pay the redemption price of and applicable accrued interest on Securities called for redemption shall have been made available in accordance with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will called for redemption shall cease to accrue on interest and after the applicable Redemption Date, whether or not such Securities are presented for payment, and only right of the Holders of such Securities shall have no further rights with respect be to receive payment of the redemption price of and, subject to the first proviso in Section 5.05, the applicable accrued and unpaid interest on such Securities except for the right to receive the Redemption Price upon surrender of such SecuritiesDate. If any Security called surrendered for redemption, for which the redemption price is to be satisfied pursuant to the Cash Settlement or the Combination Settlement, shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest shall be paid, from the Redemption Date until such redemption payment is made, on the unpaid principal of the Security and any interest not paid on such unpaid principal, in each case, at the rate specified pursuant to Section 2.01 or and in the manner provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 3 contracts

Samples: Indenture (Emergent Capital, Inc.), Indenture (Emergent Capital, Inc.), Indenture (Emergent Capital, Inc.)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds the Currency in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for the Securities of such series) sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Dateas otherwise provided as contemplated by Section 301) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date. SECTION 1106. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities or portions thereof called so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified in the Currency in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Securities of such series) (together with accrued interest, if any, to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraphRedemption Date), then, and from and after such date (unless the Issuers and the Subsidiary Guarantors Company shall default in the payment of the Redemption Price and accrued interest) such Securities shall, if the same were interest-bearing, cease to bear interest and the Coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Security for redemption in accordance with said notice, together with all Coupons, if any, appertaining thereto maturing after the Redemption Date, such Security shall be paid by the Company at the Redemption Price, together with accrued interest, if any, to the Redemption Date; provided, however, that installments of interest on Bearer Securities whose Stated Maturity is on or prior to the Securities to Redemption Date shall be redeemed will cease to accrue on payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and after the applicable Redemption Date, whether or not only upon presentation and surrender of Coupons for such Securities are presented for paymentinterest, and provided, further, that (except as otherwise provided as contemplated by Section 301) installments of interest on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Securities 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 Bearer Security surrendered for redemption shall not be accompanied by all appurtenant Coupons maturing after the Redemption Date, such Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing Coupons, or the surrender of such missing Coupon or Coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Security shall surrender to the Trustee or any Paying Agent any such missing Coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted; provided, however, that interest represented by Coupons shall be payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and surrender of such Securitiesthose Coupons. If any Security called for redemption or portion thereof shall not be so paid upon surrender thereof for redemption, the principal, principal (and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant of interest or Yield to Section 2.01 or provided in the Securities or, Maturity (in the case of Original Issue Discount Securities, such Securities’ yield to maturity) set forth in the Security.

Appears in 3 contracts

Samples: Indenture (Newell Rubbermaid Inc), Indenture (Newell Rubbermaid Inc), Newell Rubbermaid Inc

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof . If any Security called for redemption on that date which have been delivered by is converted pursuant hereto, any money deposited with the Issuers Trustee or any Paying Agent or so segregated and held in trust for the redemption of such Security shall be paid to the Company upon delivery of a Subsidiary Guarantor Company Request to the Trustee for cancellationor such Paying Agent, or, if then held by the Company, shall be discharged from such trust. If Section 1106. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Issuers or a Subsidiary Guarantor complies with Securities so to be redeemed shall, on the preceding paragraphRedemption Date, thenbecome due and payable at the Redemption Price therein specified, and from and after such date (unless the Issuers and the Subsidiary Guarantors 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 on to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date; provided, whether however, that, unless otherwise specified as contemplated by Section 301, installments of interest whose Stated Maturity is on or not such Securities are presented for payment, and prior to the Redemption Date will be payable to the Holders of such Securities shall have no further rights with respect Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to such Securities except for their terms and the right to receive the Redemption Price upon surrender provisions of such SecuritiesSection 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, principal and any Additional Amounts, and, to the extent lawful, accrued interest thereon premium shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturitySecurity.

Appears in 3 contracts

Samples: Senior Indenture (Brown Tom Inc /De), Senior Indenture (Brown Tom Inc /De), Senior Indenture (Brown Tom Inc /De)

Deposit of Redemption Price. By 11:00 a.m., New York City time, Prior to 10:00 a.m. Frankfurt time on any the Redemption Date or the Tax Redemption Date, as applicable, the Issuers or a Subsidiary Guarantor Issuer shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor is acting as which shall be the Paying Agent, segregate and hold Agent or its successor) euro in trust as provided in Section 2.06) an amount of money in same same-day funds sufficient to pay the Redemption Price ofplus accrued and unpaid interest (subject to, as provided in the Notes, the right of Holders to receive interest on the relevant interest payment date), if any, and (except Additional Amounts, if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toany, the Securities or portions thereof which are of all Notes to be redeemed on that date, date other than Securities Notes or portions thereof portion of Notes called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Issuer to the Trustee for cancellation. The designated Paying Agent shall promptly return to the Issuer any cash so deposited which is not required for that purpose upon the written request of the Issuer. Promptly upon receipt of such payment the Paying Agent shall confirm by the medium chosen by the Paying Agent to the Issuer the receipt of such payment. If the Issuers or a Subsidiary Guarantor Issuer complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Issuer defaults in the payment of such Redemption PricePrice plus accrued and unpaid interest, if any, and Additional Amounts, if any, interest and Additional Amounts on the Securities Notes to be redeemed will cease to accrue on and after the applicable Redemption Date or Tax Redemption Date, whether or not such Securities Notes are presented for payment. With respect to Definitive Notes, if a Definitive Note is redeemed on or after an interest Record Date but on or prior to the related interest payment date, then any accrued and unpaid interest, if any, and Additional Amounts, if any, shall be paid to the Holders Person in whose name such Note was registered at the close of business on such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such SecuritiesRecord Date. If any Security Note called for redemption shall not be so paid upon surrender thereof for redemptionredemption because of the failure of the Issuer to comply with the preceding paragraph, the principalinterest, premiumand Additional Amounts, if any, any Additional Amountsshall be paid on the unpaid principal, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date or the Tax Redemption Date, as applicable, until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate specified pursuant to Section 2.01 or provided in the Securities or, Notes and in the case of Original Issue Discount Securities, such Securities’ yield to maturitySection 4.1.

Appears in 3 contracts

Samples: Fresenius Medical Care AG & Co. KGaA, Fresenius Medical Care AG & Co. KGaA, Fresenius Medical Care AG & Co. KGaA

Deposit of Redemption Price. By 11:00 On or prior to 10:00 a.m., New York City time, on any Redemption Date, the Issuers Company or a Subsidiary Guarantor the Guarantors shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such Subsidiary a Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Company or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Company or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers Company and the Subsidiary Guarantors default in the payment of such Redemption Price, plus accrued interest on and any Additional Amounts with respect to such Securities, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price Price, plus accrued interest on and any Additional Amounts with respect to such Securities, upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principalprincipal of, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon thereon, shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities' yield to maturity.

Appears in 3 contracts

Samples: Indenture (Petroleum Geo Services Asa), Petroleum Geo Services Asa, Petroleum Geo Services Asa

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof . If any Security called for redemption on that date which have been delivered by is converted pursuant hereto, any money deposited with the Issuers Trustee or any Paying Agent or so segregated and held in trust for the redemption of such Security shall be paid to the Company upon delivery of a Subsidiary Guarantor Company Request to the Trustee for cancellationor such Paying Agent, or, if then held by the Company, shall be discharged from such trust. If Section 1106. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Issuers or a Subsidiary Guarantor complies with Securities so to be redeemed shall, on the preceding paragraphRedemption Date, thenbecome due and payable at the Redemption Price therein specified, and from and after such date (unless the Issuers and the Subsidiary Guarantors 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 on to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date; provided, whether however, that, unless otherwise specified as contemplated by Section 301, instalments of interest whose Stated Maturity is on or not such Securities are presented for payment, and prior to the Redemption Date will be payable to the Holders of such Securities shall have no further rights with respect Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to such Securities except for their terms and the right to receive the Redemption Price upon surrender provisions of such SecuritiesSection 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, principal and any Additional Amounts, and, to the extent lawful, accrued interest thereon premium shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturitySecurity.

Appears in 3 contracts

Samples: Brown Tom Inc /De, Brown Tom Inc /De, Brown Tom Inc /De

Deposit of Redemption Price. By On or prior to 11:00 a.m., New York City time, on any Redemption Date, the Issuers Company or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such a Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Company or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Company or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers and Company or the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 3 contracts

Samples: Indenture (Cloverdale Park, Inc.), Indenture (Cloverdale Park, Inc.), Indenture (CCBM, Inc)

Deposit of Redemption Price. By At or prior to 11:00 a.m., a.m. New York City time, time on any Redemption Datethe redemption date, the Issuers or a Subsidiary Guarantor Issuer shall deposit with the applicable Paying Agent (or, if the Issuer, the Parent Guarantor or any of its Wholly Owned Subsidiaries is acting as the Paying Agent, shall segregate and hold in trust) money in U.S. Dollars sufficient to pay the redemption price of and accrued interest (subject to the right of Holders of record on the relevant Record Date to receive interest due on the related Interest Payment Date that is on or prior to the date of redemption) on all Notes to be redeemed on that date other than Notes or portions of Notes called for redemption that have been delivered by the Issuer to the Trustee for cancellation. The Paying Agent shall promptly distribute to each Holder whose Notes are to be redeemed the applicable redemption price thereof and accrued and unpaid interest thereon. The Trustee or the Paying Agent shall promptly return to the Issuer any money deposited with the Trustee or the Paying Agent (or, if either by the Issuer in excess of the Issuers or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient amounts necessary to pay the Redemption Price redemption price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued and unpaid interest on and any Additional Amounts with respect toon, the Securities or portions thereof which are all Notes to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellationredeemed. If the Issuers or a Subsidiary Guarantor Issuer complies with the preceding paragraphprovisions of this Section 3.05, then, unless on and after the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Priceredemption date, interest on the Securities to be redeemed will shall cease to accrue on and after the applicable Redemption Date, Notes or the portions of Notes called for redemption whether or not such Securities Notes are presented for payment, and the Holders of such Securities Notes shall have no further rights with respect to such Securities Notes except for the right to receive such payment of the Redemption Price redemption price and accrued and unpaid interest, if any, on such Notes upon surrender of such SecuritiesNotes. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, a Note is redeemed on or after a Record Date but on or prior to the extent lawfulrelated Interest Payment Date, then any accrued and unpaid interest thereon shall, until paid, bear interest from to the Redemption Date redemption date in respect of such Note shall be paid on such redemption date to the Person in whose name such Note is registered at the rate specified pursuant close of business on such Record Date, and no additional interest shall be payable to Section 2.01 or provided in Holders whose Notes shall be subject to redemption by the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityIssuer.

Appears in 3 contracts

Samples: Marriott Ownership (MARRIOTT VACATIONS WORLDWIDE Corp), Junior Intercreditor Agreement (MARRIOTT VACATIONS WORLDWIDE Corp), Indenture (MARRIOTT VACATIONS WORLDWIDE Corp)

Deposit of Redemption Price. By 11:00 a.m., Prior to 10:00 a.m. New York City time, time on any the Redemption Date or the Tax Redemption Date, as applicable, the Issuers or a Subsidiary Guarantor Issuer shall deposit with the Trustee or its designated Paying Agent (which shall be the Paying Agent (or, if either of or its successor unless otherwise notified to the Issuers or such Subsidiary Guarantor is acting as Issuer by the Paying Agent, segregate and hold in trust as provided in Section 2.06Trustee) an amount of money in same day funds cash sufficient to pay the Redemption Price ofplus accrued and unpaid interest (subject to, as provided in the Notes, the right of Holders to receive interest on the relevant interest payment date), if any, and (except Additional Amounts, if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toany, the Securities or portions thereof which are of all Notes to be redeemed on that date, date other than Securities Notes or portions thereof portion of Notes called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Issuer to the Trustee for cancellation. The designated Paying Agent shall promptly return to the Issuer any cash so deposited which is not required for that purpose upon the written request of the Issuer. Promptly upon receipt of such payment the Paying Agent shall confirm by the medium chosen by the Paying Agent to the Issuer the receipt of such payment. If the Issuers or a Subsidiary Guarantor Issuer complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Issuer defaults in the payment of such Redemption PricePrice plus accrued and unpaid interest, if any, and Additional Amounts, if any, interest and Additional Amounts on the Securities Notes to be redeemed will cease to accrue on and after the applicable Redemption Date or Tax Redemption Date, whether or not such Securities Notes are presented for payment. With respect to Definitive Notes, if a Definitive Note is redeemed on or after an interest Record Date but on or prior to the related interest payment date, then any accrued and unpaid interest, if any, and Additional Amounts, if any, shall be paid to the Holders Person in whose name such Note was registered at the close of business on such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such SecuritiesRecord Date. If any Security Note called for redemption shall not be so paid upon surrender thereof for redemptionredemption because of the failure of the Issuer to comply with the preceding paragraph, the principalinterest, premiumand Additional Amounts, if any, any Additional Amountsshall be paid on the unpaid principal, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date or the Tax Redemption Date, as applicable, until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate specified pursuant to Section 2.01 or provided in the Securities or, Notes and in the case of Original Issue Discount Securities, such Securities’ yield to maturitySection 4.1.

Appears in 3 contracts

Samples: Fresenius Medical Care AG & Co. KGaA, Fresenius Medical Care AG & Co. KGaA, Fresenius Medical Care AG & Co. KGaA

Deposit of Redemption Price. By On or prior to 11:00 a.m., New York City time, on any Redemption Date, the Issuers Partnership, the Guarantor or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Partnership, the Guarantor or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Partnership, the Guarantor or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Partnership, the Guarantor or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers Partnership, the Guarantor and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 2 contracts

Samples: Indenture (K-Sea Transportation Inc.), Indenture (K-Sea Transportation Inc.)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect tointerest, if any, on, all the Securities or portions thereof which are to be redeemed on that date. SECTION 1106. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors conditions, if any, set forth in such notice having been satisfied, 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, in the case of an unconditional notice of redemption, the Company shall default in the payment of the Redemption Price and accrued interest) such Securities shall cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Security for redemption in accordance with said notice, together with all coupons, if any, appertaining thereto maturing after the Redemption Date, such Security shall be paid by the Company at the Redemption Price, together with accrued interest, if any, to the Redemption Date; provided, however, that installments of interest on Bearer Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable only upon presentation and surrender of coupons for such interest (at an office or agency located outside the United States except as otherwise provided in Section 1002); and provided, further, that installments of interest on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be redeemed will cease payable to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities 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 Bearer Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Security shall surrender to the Trustee or any Paying Agent any such missing coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted; provided, however, that interest represented by coupons shall be payable only upon presentation and surrender of such Securitiesthose coupons at an office or agency located outside of the United States except as otherwise provided in Section 1002. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal (and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturitySecurity.

Appears in 2 contracts

Samples: Indenture (Nipsco Industries Inc), Indenture (Nipsco Industries Inc)

Deposit of Redemption Price. By Prior to 11:00 a.m., New York City time, on any Redemption Datethe redemption date, the Issuers or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such a Subsidiary Guarantor thereof is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.062.04 hereof) an amount of money sufficient in same day funds sufficient to pay the Redemption Price of, redemption price of and (except if the Redemption Date shall be an Interest Payment Date) accrued interest and Additional Interest, if any, on and any Additional Amounts with respect to, the Securities or portions thereof which are all Notes to be redeemed on that date, other than Securities or portions thereof called for redemption on it being understood that date which have been delivered the amount of money to be deposited by the Issuers Company in relation to a mandatory redemption pursuant to Section 3.08 shall take into consideration the amount of money deposited by the Escrow Agent with the Trustee or a Subsidiary Guarantor Paying Agent to fund such redemption. The Paying Agent shall promptly return to the Trustee for cancellationIssuers any money deposited with the Paying Agent by an Issuer in excess of the amounts necessary to pay the redemption price of and accrued interest and Additional Interest, if any, on all Notes to be redeemed. If the Issuers or a Subsidiary Guarantor complies comply with the provisions of the preceding paragraph, then, unless on and after the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Priceredemption date, interest on the Securities to be redeemed will and Additional Interest, if any, shall cease to accrue on and after the applicable Redemption Date, Notes or the portions of Notes called for redemption whether or not such Securities Notes are presented for payment, and the only remaining right of the Holders of such Securities Notes shall have no further rights with respect to such Securities except for the right be to receive payment of the Redemption Price redemption price upon surrender to the Paying Agent of such Securitiesthe Notes redeemed. If any Security Note called for redemption shall not be so paid upon surrender thereof for redemptionredemption because of the failure of an Issuer to comply with the preceding paragraph, interest shall be paid on the unpaid principal, premiumfrom the redemption date until such principal is paid, if any, any Additional Amounts, and, and to the extent lawful, accrued on any interest thereon shalland Additional Interest, until paidif any, bear interest from the Redemption Date not paid on such unpaid principal, in each case at the rate specified pursuant to Section 2.01 or provided in the Securities or, Notes and in the case of Original Issue Discount Securities, such Securities’ yield to maturitySection 4.01 hereof.

Appears in 2 contracts

Samples: Indenture (Crosstex Energy Lp), Indenture (Inergy L P)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money and/or Government Obligations the payments of principal and interest on which when due (and without reinvestment) will provide money on or prior to the Redemption Date in same day funds such amounts as will (together with any money irrevocably deposited in trust with the Trustee, without investment) be sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Debt Securities or portions thereof which are to be redeemed on that date; provided, other than however, that deposits with respect to Bearer Securities shall be made with a Paying Agent or portions thereof called for redemption on that date which have been delivered by Paying Agents located outside the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, thenUnited States except as otherwise provided in Section 1002, unless otherwise specified as contemplated by Section 301. Section 1106. Debt Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Issuers Debt Securities to be redeemed shall, on the Redemption Date, become due and payable at the Subsidiary Guarantors 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 Debt Securities shall cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Debt Security for redemption in accordance with said notice, such Debt Security shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date; provided, however, that installments of interest on Bearer Securities whose Stated Maturity is on or prior to the Securities to Redemption Date shall be redeemed will cease to accrue on payable only upon presentation and after surrender of coupons for such interest (at an office or agency located outside the applicable Redemption Date, whether or not such Securities are presented for paymentUnited States except as otherwise provided in Section 1002), and provided further, that installments of interest on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Securities Debt Securities, or one or more Predecessor Securities, registered as such on the relevant Record Dates according to their terms and the provisions of Section 307. If any Bearer Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Bearer Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Bearer Security shall surrender to the Trustee or any Paying Agent any such missing coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted without interest thereon; provided, however, that interest represented by coupons shall be payable only upon presentation and surrender of such Securitiesthose coupons at an office or agency located outside of the United States except as otherwise provided in Section 1002. If any Debt Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal (and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityDebt Security.

Appears in 2 contracts

Samples: Indenture (Century Casinos Inc /Co/), Indenture (Fuller H B Co)

Deposit of Redemption Price. By 11:00 On or prior to 10:00 a.m., New York City time, on any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit deposit, with respect to the Securities of any series called for redemption pursuant to Section 1104, with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds the applicable Currency sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date, unless otherwise specified pursuant to Section 301 or in the Securities of such series) any accrued interest Interest on and any Additional Amounts with respect tothereto, the all such Securities or portions thereof which are to be redeemed on that date. Section 1106. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities or portions thereof called for redemption so to be redeemed shall, on that the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, (unless the Issuers and the Subsidiary Guarantors Company shall default in the payment of the Redemption Price and accrued Interest) such Securities shall cease to bear Interest and the Coupons for such Interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Security for redemption in accordance with said notice, together with all Coupons, if any, appertaining thereto maturing after the Redemption Date, such Security shall be paid by the Company at the Redemption Price, interest on together with any accrued Interest and Additional Amounts to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date; provided, whether however, that, except as otherwise provided in or not pursuant to this Indenture or the Bearer Securities of such series, installments of Interest on Bearer Securities are presented whose Stated Maturity is on or prior to the Redemption Date shall be payable only upon presentation and surrender of Coupons for paymentsuch Interest (at an Office or Agency located outside the United States except as otherwise provided in Section 1002), and provided, further, that, except as otherwise specified in or pursuant to this Indenture or the Registered Securities of such series, installments of Interest on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Securities Securities, or one or more Predecessor Securities, registered as such at the close of business on the Regular Record Dates therefor according to their terms and the provisions of Section 307. If any Bearer Security surrendered for redemption shall not be accompanied by all appurtenant Coupons maturing after the Redemption Date, such Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing 82 Coupons, or the surrender of such missing Coupon or Coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Security shall surrender to the Trustee or any Paying Agent any such missing Coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted; provided, however, that any Interest or Additional Amounts represented by Coupons shall be payable only upon presentation and surrender of those Coupons at an Office or Agency for such SecuritiesSecurity located outside of the United States except as otherwise provided in Section 1002. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal and any premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, shall bear interest Interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Security. Section 1107. Securities orRedeemed in Part. Any Registered Security which is to be redeemed only in part shall be surrendered at any Office or Agency for such Security (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing) and the Company shall execute, the Guarantees of the Guarantor shall be endorsed on and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Registered Security or Securities of the same series, containing identical terms and provisions, of any authorized denomination as requested by such Holder in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Security so surrendered. If a Security in global form is so surrendered, the Company shall execute, and the Trustee shall authenticate and deliver to the U.S. Depositary or other Depositary for such Security in global form as shall be specified in the case Company Order with respect thereto to the Trustee, without service charge, a new Security in global form in a denomination equal to and in exchange for the unredeemed portion of Original Issue Discount Securities, such Securities’ yield to maturitythe principal of the Security in global form so surrendered.

Appears in 2 contracts

Samples: Apache Corp, Apache Corp

Deposit of Redemption Price. By 11:00 a.m., New York City time, on any Redemption Date, the Issuers Issuer or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Issuer or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Issuer or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Issuer or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers Issuer and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price Price, together with any such accrued interest and Additional Amounts, upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 2 contracts

Samples: Indenture (EQT Corp), Indenture (EQT Midstream Partners, LP)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money and/or, to the extent the Debt Securities to be redeemed are denominated and payable in same day funds Dollars only, Eligible Instruments the payments of principal and interest (including any Additional Interest) on which when due (and without reinvestment and providing no tax liability will be imposed upon the Trustee or the Holders of the Debt Securities to be redeemed) will provide money on or prior to the Redemption Date in such amounts as will (together with any money irrevocably deposited in trust with the Trustee, without investment) be sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and (including any Additional Amounts with respect toInterest) on, all the Debt Securities or portions thereof which are to be redeemed on that date; provided, other than however, that deposits with respect to Bearer Securities shall be made with a Paying Agent or portions thereof called for redemption on that date which have been delivered by Paying Agents located outside the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, thenUnited States except as otherwise provided in Section 1002, unless otherwise specified as contemplated by Section 301. SECTION 1106. Debt Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Issuers Debt Securities to be redeemed shall, on the Redemption Date, become due and payable at the Subsidiary Guarantors 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 Debt Securities shall cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Debt Security for redemption in accordance with said notice, such Debt Security shall be paid by the Company at the Redemption Price, together with accrued interest (including any Additional Interest) to the Redemption Date; provided, however, that installments of interest (including any Additional Interest) on Bearer Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable only upon presentation and surrender of coupons for such interest (at an office or agency located outside the United States except as otherwise provided in Section 1002), and provided further, that installments of interest on Registered Securities whose Stated Maturity is on or prior to the Securities Redemption Date shall be payable to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities Debt Securities, or one or more Predecessor Securities, registered as such on the relevant Record Dates according to their terms and the provisions of Section 307. If any Bearer Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Bearer Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Bearer Security shall surrender to the Trustee or any Paying Agent any such missing coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted without interest thereon; provided, however, that interest represented by coupons shall be payable only upon presentation and surrender of such Securitiesthose coupons at an office or agency located outside of the United States except as otherwise provided in Section 1002. If any Debt Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal (and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityDebt Security.

Appears in 2 contracts

Samples: Indenture (Indymac Bancorp Inc), Indenture (Indymac Capital Trust I)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers Company or a Subsidiary the Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such Subsidiary the Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Company or a Subsidiary the Guarantor to the Trustee for cancellation. If the Issuers Company or a Subsidiary the Guarantor complies with the preceding paragraph, then, unless the Issuers Company and the Subsidiary Guarantors Guarantor default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities' yield to maturity.

Appears in 2 contracts

Samples: Conoco Inc /De, Conoco Funding Co

Deposit of Redemption Price. By No later than 11:00 a.m., New York City time, a.m. London time on any Redemption Datethe Business Day prior to each redemption date, the Issuers or a Subsidiary Guarantor Issuer shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Issuer or such another Restricted Subsidiary Guarantor is acting as the Paying Agent, shall segregate and hold in trust as provided in Section 2.06trust) an amount of money in same day immediately available funds (denominated in U.S. dollars) sufficient to pay the Redemption Price of, redemption or purchase price of and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities all Notes or portions thereof which are to be redeemed on that date other than Notes or portions of Notes called for redemption that have been delivered by the Issuer to the Registrar for cancellation. On and after the redemption date, other than Securities interest shall cease to accrue on Notes or portions thereof called for redemption on that date which have been delivered by so long as the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies Issuer has deposited with the preceding paragraphPaying Agent funds sufficient to pay the redemption or purchase price of, then, unless the Issuers plus accrued and the Subsidiary Guarantors default in the payment of such Redemption Price, unpaid interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premiumAdditional Amounts, if any, any Additional Amountson, andthe Notes to be redeemed pursuant to this Indenture, unless the Paying Agent is prohibited from making such payment pursuant to the extent lawfulterms of this Indenture. For the avoidance of doubt, the Paying Agent and the Trustee shall be held harmless and have no liability with respect to payments or disbursements to be made by the Paying Agent and Trustee (i) for which payment instructions are not made or that are not otherwise deposited by the respective times set forth in this Section 3.05, and (ii) until they have confirmed receipt of funds sufficient to make the relevant payment. If the Issuer elects to redeem the Notes or portions thereof and request the Trustee to distribute to the Holders of the Notes any amounts deposited in trust (which, for the avoidance of doubt, will include accrued and unpaid interest thereon shallto but excluding the date fixed for redemption) prior to the date fixed for redemption in accordance with Section 8.01, until paid, bear interest from the Redemption Date at applicable redemption notice will state that Holders of the rate specified pursuant Notes will receive such amounts deposited in trust prior to Section 2.01 or provided in the Securities or, in date fixed for redemption and the case of Original Issue Discount Securities, such Securities’ yield to maturityrelevant payment date.

Appears in 2 contracts

Samples: Intercreditor Agreement (Ferroglobe PLC), Ferroglobe PLC

Deposit of Redemption Price. By On or prior to 11:00 a.m., New York City time, on any Redemption Date, the Issuers Partnership or a Subsidiary the Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Partnership or such Subsidiary the Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Partnership or a Subsidiary the Guarantor to the Trustee for cancellation. If the Issuers Partnership or a Subsidiary the Guarantor complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors Partnership or Guarantor default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities' yield to maturity.

Appears in 2 contracts

Samples: Martin Operating Partnership L.P., Martin Operating Partnership L.P.

Deposit of Redemption Price. By 11:00 a.m.Prior to 10:00 a.m. London time, with respect to the Sterling Notes, or 10:00 a.m. New York City time, with respect to the U.S. Dollar Notes, as applicable, on any Redemption Datethe redemption date (or pursuant to such other arrangements as may be agreed with the Trustee), the Issuers or a Subsidiary Guarantor shall deposit with the Trustee or the its designated Paying Agent (or, if either of which shall be the applicable Paying Agent unless otherwise notified to the Issuers or such Subsidiary Guarantor is acting as by the Paying Agent, segregate and hold in trust as provided in Section 2.06Trustee) an amount of money in same day funds cash sufficient to pay the Redemption Price ofredemption price plus accrued and unpaid interest, if any, and (except Additional Amounts, if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toany, the Securities or portions thereof which are of all Notes to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by . The applicable Paying Agent shall promptly return to the Issuers or a Subsidiary Guarantor any cash in Sterling with respect to the Trustee Sterling Notes and in U.S. Dollars with respect to the U.S. Dollar Notes so deposited which is not required for cancellationthat purpose upon the written request of the Issuers. If the Issuers or a Subsidiary Guarantor complies comply with the preceding paragraphthis Article III, then, unless the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Priceredemption price plus accrued and unpaid interest, if any, and Additional Amounts, if any, interest and Additional Amounts, if any, on the Securities Notes to be redeemed will cease to accrue on and after the applicable Redemption Dateredemption date, whether or not such Securities Notes are presented for payment, and the Holders of such Securities shall have no further rights with . With respect to Definitive Notes, if a Definitive Note is redeemed on or after an interest Record Date but on or prior to the related interest payment date, then any accrued and unpaid interest and Additional Amounts, if any, shall be paid to the Person in whose name such Securities except for Note was registered at the right to receive the Redemption Price upon surrender close of business on such SecuritiesRecord Date. If any Security Note called for redemption shall not be so paid upon surrender thereof for redemptionredemption because of the failure of the Issuers to comply with this Article III, the principal, premiuminterest and Additional Amounts, if any, any Additional Amountsshall be paid on the unpaid principal, andfrom the redemption date until such principal is paid, and to the extent lawfullawful on any interest not paid on such unpaid principal, accrued interest thereon shall, until paid, bear interest from the Redemption Date in each case at the rate specified pursuant to Section 2.01 or provided in the Securities or, Notes and in the case of Original Issue Discount Securities, such Securities’ yield to maturitySection 4.01.

Appears in 2 contracts

Samples: Supplemental Indenture (Vantiv, Inc.), info.vantiv.com

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061103) an amount of money and/or, to the extent the Debt Securities to be redeemed are denominated and payable in same day funds Dollars only, Eligible Instruments the payments of principal and interest on which when due (and without reinvestment and providing no tax liability will be imposed upon the Trustee or the Holders of the Debt Securities to be redeemed) will provide money on or prior to the Redemption Date in such amounts as will (together with any money irrevocably deposited in trust with the Trustee, without investment) be sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and (including any Additional Amounts with respect toInterest) on, all the Debt Securities or portions thereof which are to be redeemed on that date; provided, other than however, that deposits with respect to Bearer Securities shall be made with a Paying Agent or portions thereof called for redemption on that date which have been delivered by Paying Agents located outside the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, thenUnited States except as otherwise provided in Section 1102, unless otherwise specified as contemplated by Section 301. Section 1206. Debt Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Issuers Debt Securities to be redeemed shall, on the Redemption Date, become due and payable at the Subsidiary Guarantors 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 Debt Securities shall cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Debt Security for redemption in accordance with said notice, such Debt Security shall be paid by the Company at the Redemption Price, together with accrued interest on (including any Additional Interest) to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date; provided, whether however, that installments of interest (including any Additional Interest) on Bearer Securities whose Stated Maturity is on or not prior to the Redemption Date shall be payable only upon presentation and surrender of coupons for such Securities are presented for paymentinterest (at an office or agency located outside the United States except as otherwise provided in Section 1102), and provided further, that installments of interest (including any Additional Interest) on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Securities Debt Securities, or one or more Predecessor Securities, registered as such on the relevant Record Dates according to their terms and the provisions of Section 307. If any Bearer Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Bearer Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Bearer Security shall surrender to the Trustee or any Paying Agent any such missing coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted without interest thereon; provided, however, that interest represented by coupons shall be payable only upon presentation and surrender of such Securitiesthose coupons at an office or agency located outside of the United States except as otherwise provided in Section 1102. If any Debt Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal (and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityDebt Security.

Appears in 2 contracts

Samples: Indenture (M&i Capital Trust C), Indenture (South Financial Group Inc)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof . If any Security called for redemption on that date which have been delivered by is converted pursuant hereto, any money deposited with the Issuers Trustee or any Paying Agent or so segregated and held in trust for the redemption of such Security shall be paid to the Company upon delivery of a Subsidiary Guarantor Company Request to the Trustee for cancellationor such Paying Agent, or, if then held by the Company, shall be discharged from such trust. If SECTION 1106. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Issuers or a Subsidiary Guarantor complies with Securities so to be redeemed shall, on the preceding paragraphRedemption Date, thenbecome due and payable at the Redemption Price therein specified, and from and after such date (unless the Issuers and the Subsidiary Guarantors 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 on to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date; provided, whether however, that, unless otherwise specified as contemplated by Section 301, instalments of interest whose Stated Maturity is on or not such Securities are presented for payment, and prior to the Redemption Date will be payable to the Holders of such Securities shall have no further rights with respect Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to such Securities except for their terms and the right to receive the Redemption Price upon surrender provisions of such SecuritiesSection 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, principal and any Additional Amounts, and, to the extent lawful, accrued interest thereon premium shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturitySecurity.

Appears in 2 contracts

Samples: Highland Autoplex Inc, Highland Autoplex Inc

Deposit of Redemption Price. By 11:00 a.m.If the Company elects to pay the Redemption Price in cash, then prior to 10:00 a.m. (New York City time, ) on any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.0610.03) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof Notes which are to be redeemed on that date. If the Redemption Date falls after a Record Date and on or prior to the corresponding Interest Payment Date, other than Securities the Company will pay the full amount of accrued and unpaid interest due on such Interest Payment Date to the Holder of record at the close of business on the corresponding Regular Record Date. On and after the Redemption Date, interest will cease to accrue on the Notes or portions thereof called for redemption on that date which have been delivered by as long as the Issuers or a Subsidiary Guarantor Company has deposited with the Paying Agent funds (to the Trustee for cancellationextent the Company elects to pay the Redemption Price in cash) and issues Common Stock to the Holders (to the extent the Company elects to pay the Redemption Price in shares of Common Stock) in full satisfaction of the applicable Redemption Price, pursuant to this Indenture. If the Issuers Company elects to pay the Redemption Price in shares of the Company’s Common Stock, then the Company shall direct the Trustee by Company Order to make a notation on such Global Note or a Subsidiary Guarantor complies with an adjustment on the preceding paragraph, then, unless Trustee’s books and records as to the Issuers and the Subsidiary Guarantors default reduction in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for paymentprincipal amount represented thereby, and the Holders Company shall take all actions as may be necessary or appropriate to effectuate the issuance of such Securities shall have no further rights with respect to such Securities except for shares of the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, Company’s Common Stock to the extent lawful, accrued interest thereon shall, until paid, bear interest from Holders. For the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities oravoidance of doubt, in no event shall the case Trustee, in its capacity as Paying Agent, be required to hold shares of Original Issue Discount Securities, such Securities’ yield to maturitythe Company’s Common Stock in trust in connection with a redemption of the Notes.

Appears in 2 contracts

Samples: Indenture (Wheeler Real Estate Investment Trust, Inc.), Wheeler Real Estate Investment Trust, Inc.

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Company to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor Company complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Company defaults in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities' yield to maturity.

Appears in 2 contracts

Samples: Pioneer Companies Inc, Pioneer Companies Inc

Deposit of Redemption Price. By 11:00 With respect to the Dollar Securities, prior to 10:00 a.m., New York City time, on any the Redemption Date, the Issuers or a Subsidiary Guarantor Issuer shall deposit with the Trustee or the Dollar Paying Agent (or, if either of the Issuers Issuer or such a Wholly Owned Subsidiary Guarantor is acting as the a Paying Agent, shall segregate and hold in trust as provided in Section 2.06trust) an amount of money in same day funds U.S. Legal Tender sufficient to pay the Redemption Price of, redemption price of and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the all Dollar Securities or portions thereof which are to be redeemed on that date, date other than Dollar Securities or portions of Dollar Securities called for redemption that have been delivered by the Issuer to the Trustee for cancellation. On and after the Redemption Date, interest shall cease to accrue on Dollar Securities or portions thereof called for redemption so long as the Issuer has deposited with the Dollar Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest on, the Dollar Securities. With respect to the Sterling Securities, prior to 10:00 a.m., London time, on the Redemption Date, the Issuer shall deposit with the Sterling Paying Agent (or, if the Issuer or a Wholly Owned Subsidiary is a Paying Agent, shall segregate and hold in trust) U.K. Legal Tender sufficient to pay the redemption price of and accrued interest on all Sterling Securities or portions thereof to be redeemed on that date which other than Sterling Securities or portions of Sterling Securities called for redemption that have been delivered by the Issuers or a Subsidiary Guarantor Issuer to the Trustee for cancellation. If On and after the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default in the payment of such Redemption PriceDate, interest on the Securities to be redeemed will shall cease to accrue on and after the applicable Redemption Date, whether Sterling Securities or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security portions thereof called for redemption shall not be so paid upon surrender thereof for redemptionlong as the Issuer has deposited with the Sterling Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest on, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Sterling Securities, such Securities’ yield to maturity.

Appears in 2 contracts

Samples: Global Crossing LTD, Global Crossing Uk Telecommunications LTD

Deposit of Redemption Price. By 11:00 a.m., New York City time, on any One Business Day prior to the Redemption Date, the Issuers or a Subsidiary Guarantor Issuer shall deposit with the Trustee or with the Paying Agent (other than the Issuer or an Affiliate of the Issuer) money sufficient to pay the redemption price of and accrued interest and Liquidated Damages, if any, on, all Senior Secured Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuer any money deposited with the Trustee or the Paying Agent (or, if either by the Issuer in excess of the Issuers or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient amounts necessary to pay the Redemption Price redemption price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toLiquidated Damages, the Securities or portions thereof which are if any, on, all Senior Secured Notes to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellationredeemed. If the Issuers or a Subsidiary Guarantor Issuer complies with the provisions of the preceding paragraph, then, unless the Issuers paragraph and the Subsidiary Guarantors default in other provisions of this Article III, on and after the payment of such Redemption PriceDate, interest on the Securities to be redeemed will and Liquidated Damages, if any, shall cease to accrue on and the Senior Secured Notes or the portions of Senior Secured Notes called for redemption. If a Senior Secured Note is redeemed on or after an interest record date but on or prior to the applicable Redemption related Interest Payment Date, whether or not then any accrued and unpaid interest and Liquidated Damages, if any, shall be paid to the Person in whose name such Securities are presented for payment, and Senior Secured Note was registered at the Holders close of business on such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securitiesrecord date. If any Security Senior Secured Note called for redemption shall not be so paid upon surrender thereof for redemptionredemption because of the failure of the Issuer to comply with the preceding paragraph, the principal, premiuminterest and Liquidated Damages, if any, any Additional Amountsshall be paid on the unpaid principal, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date until such principal is paid, and to the extent lawful on any interest, and Liquidated Damages, if any, not paid on such unpaid principal, in each case at the rate specified pursuant to Section 2.01 or and in the manner provided in the Securities or, Senior Secured Notes and in the case of Original Issue Discount Securities, such Securities’ yield to maturitySection 4.01 hereof.

Appears in 2 contracts

Samples: Operation and Maintenance Agreement (Ormat Technologies, Inc.), Operation and Maintenance Agreement (Ormat Technologies, Inc.)

Deposit of Redemption Price. By 11:00 On or before 10:00 a.m., New York City time, on any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on on, and any Additional Amounts with respect to, all the Securities or portions thereof which are to be redeemed on that date. SECTION 1106. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities or portions thereof called for redemption so to be redeemed shall, on that the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, (unless the Issuers and the Subsidiary Guarantors 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 on (and any Additional Amounts) to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date; provided, whether however, that installments of interest whose Stated Maturity is on or not such Securities are presented for payment, and prior to the Redemption Date shall be payable to the Holders of such Securities shall have no further rights with respect Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to such Securities except for their terms and the right to receive the Redemption Price upon surrender provisions of such SecuritiesSection 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, principal of and premium (if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities Security or, in the case of Original Issue Discount Securities, the Securities’ Yield to Maturity. SECTION 1107. Securities Redeemed in Part. Any Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series and Stated Maturity, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Security so surrendered. Unless otherwise specified as contemplated by Section 301, the Company and any Affiliate of the Company may at any time purchase or otherwise acquire Securities in the open market or by private agreement. Such acquisition shall not operate as or be deemed for any purpose to be a redemption of the indebtedness represented by such Securities’ yield . Any Securities purchased or acquired by the Company may be delivered to maturity.the Trustee and, upon such delivery, the indebtedness represented thereby shall be deemed to be satisfied. Section 309 shall apply to all Securities so delivered. ARTICLE TWELVE

Appears in 2 contracts

Samples: Indenture (Noble Holding International LTD), Indenture (Noble Corp)

Deposit of Redemption Price. By No later than 11:00 a.m., New York City time, a.m. London time on any Redemption Datethe Business Day prior to each redemption date, the Issuers or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers an Issuer or such another Restricted Subsidiary Guarantor is acting as the Paying Agent, shall segregate and hold in trust as provided in Section 2.06trust) an amount of money in same day immediately available funds (denominated in U.S. dollars) sufficient to pay the Redemption Price of, redemption or purchase price of and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities all Notes or portions thereof which are to be redeemed on that date other than Notes or portions of Notes called for redemption that have been delivered by the Issuers to the Registrar for cancellation. On and after the redemption date, other than Securities interest shall cease to accrue on Notes or portions thereof called for redemption on that date which so long as the Issuers have been delivered deposited with the Paying Agent funds sufficient to pay the redemption or purchase price of, plus accrued and unpaid interest and Additional Amounts, if any, on, the Notes to be redeemed pursuant to this Indenture, unless the Paying Agent is prohibited from making such payment pursuant to the terms of this Indenture. For the avoidance of doubt, the Paying Agent and the Trustee shall be held harmless and have no liability with respect to payments or disbursements to be made by the Issuers Paying Agent and Trustee (i) for which payment instructions are not made or a Subsidiary Guarantor that are not otherwise deposited by the respective times set forth in this Section 3.05, and (ii) until they have confirmed receipt of funds sufficient to make the Trustee for cancellationrelevant payment. If the Issuers elect to redeem the Notes or a Subsidiary Guarantor complies with portions thereof and request the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities Trustee to be redeemed will cease distribute to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except the Notes any amounts deposited in trust (which, for the right avoidance of doubt, will include accrued and unpaid interest to receive but excluding the Redemption Price upon surrender of such Securities. If any Security called date fixed for redemption) prior to the date fixed for redemption shall not be so paid upon surrender thereof for redemptionin accordance with Section 8.01, the principal, premium, if any, any Additional Amounts, and, applicable redemption notice will state that Holders of the Notes will receive such amounts deposited in trust prior to the extent lawful, accrued interest thereon shall, until paid, bear interest from date fixed for redemption and the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.relevant payment date. ​

Appears in 2 contracts

Samples: Intercreditor Agreement (Ferroglobe PLC), Intercreditor Agreement (Ferroglobe PLC)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, other than a Special Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the Paying Agent (or, if either other than the Company or an Affiliate of the Issuers or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06Company) an amount of money in same day funds cash sufficient to pay the Redemption Price of, including any accrued and (except if the Redemption Date shall be an Interest Payment Date) accrued unpaid interest on and any Additional Amounts with respect toon, the all Securities or portions thereof which are to be redeemed on that date, such Redemption Date (other than Securities or portions thereof called for redemption on that date which that have been delivered by the Issuers or a Subsidiary Guarantor Company to the Trustee for cancellation). The Paying Agent shall promptly return to the Company any cash so deposited which is not required for that purpose upon the written request of the Company. One Business Day prior to the Special Redemption Date, the Trustee shall withdraw Treasury Bills and proceeds from the Collateral Account, sell such Treasury Bills and deliver to the Paying Agent on behalf of the Company an amount equal to the Redemption Price, and the Paying Agent shall on behalf of the Company apply that amount to redeem the Securities on the Special Redemption Date as provided by Section 3.01. If the Issuers or a Subsidiary Guarantor Company complies with the preceding paragraph, then, unless the Issuers paragraph and the Subsidiary Guarantors default in the other provisions of this Article 3 and payment of such Redemption Pricethe Securities called for redemption is not prohibited under this Indenture, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment. Notwithstanding anything herein to the contrary, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If if any Security called surrendered for redemption in the manner provided in the Securities shall not be so paid upon surrender thereof for redemptionredemption because of the failure of the Company to comply with the preceding paragraph, interest shall continue to accrue and be paid from the Redemption Date until such payment is made on the unpaid principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued on any interest thereon shallnot paid on such unpaid principal, until paid, bear interest from the Redemption Date in each case at the rate specified pursuant to Section 2.01 or and in the manner provided in Section 4.02 hereof and the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 2 contracts

Samples: Price Communications Corp, Price Communications Corp

Deposit of Redemption Price. By On or prior to 11:00 a.m., New York City time, on any Redemption DateDate subject to the satisfaction of applicable conditions, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Company to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor Company complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Company defaults in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 2 contracts

Samples: Shell International Finance B.V., Shell International Finance B.V.

Deposit of Redemption Price. By Prior to 11:00 a.m., New York City time, on any Redemption Datethe redemption date, the Issuers or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such a Subsidiary Guarantor thereof is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.062.04 hereof) an amount of money sufficient in same day funds sufficient to pay the Redemption Price of, redemption price of and (except if the Redemption Date shall be an Interest Payment Date) accrued interest and Additional Interest, if any, on and any Additional Amounts with respect to, the Securities or portions thereof which are all Notes to be redeemed on that date, other than Securities or portions thereof called for redemption on it being understood that date which have been delivered the amount of money to be deposited by the Issuers Company in relation to a mandatory redemption pursuant to Section 3.08 shall take into consideration the amount of money deposited by the Escrow Agent with the Trustee or a Subsidiary Guarantor Paying Agent to fund such redemption. The Paying Agent shall promptly return to the Trustee for cancellationIssuers any money deposited with the Paying Agent by an Issuer in excess of the amounts necessary to pay the redemption price of and accrued interest and Additional Interest, if any, on all Notes to be redeemed. If the Issuers or a Subsidiary Guarantor complies comply with the provisions of the preceding paragraph, then, unless on and after the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Priceredemption date, interest on the Securities to be redeemed will and Additional Interest, if any, shall cease to accrue on and after the applicable Redemption Date, Notes or the portions of Notes called for redemption whether or not such Securities Notes are presented for payment, and the only remaining right of the Holders of such Securities Notes shall have no further rights with respect to such Securities except for the right be to receive payment of the Redemption Price redemption price upon surrender to the Paying Agent of such Securitiesthe Notes redeemed. If any Security Note called for redemption shall not be so paid upon surrender thereof for redemptionredemption because of the failure of an Issuer to comply with the preceding paragraph, interest shall be paid on the unpaid principal, premiumfrom the redemption date until such principal is paid, if any, any Additional Amounts, and, and to the extent lawful, on any interest and Additional Interest, if any, not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01 hereof. If a Note is redeemed on or after a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest thereon shall, until paid, bear interest from to the Redemption Date shall be paid to the Person in whose name such Note was registered at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case close of Original Issue Discount Securities, business on such Securities’ yield to maturityRecord Date.

Appears in 2 contracts

Samples: Supplemental Indenture (Calumet Specialty Products Partners, L.P.), Indenture (Calumet Specialty Products Partners, L.P.)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds the currency or currencies, currency unit or units or composite currency or currencies in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for the Securities of such series) sufficient to pay on the Redemption Date the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date. SECTION 1106. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified in the currency or portions thereof called currencies, currency unit or units or composite currency or currencies in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for redemption the Securities of such series) (together with accrued interest and Additional Amounts payable with respect thereto, if any, on that the Redemption Date), and from and after such date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, (unless the Issuers and the Subsidiary Guarantors Company shall default in the payment of the Redemption Price and accrued interest and Additional Amounts, if any) such Securities shall, if the same were interest-bearing, cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Security for redemption in accordance with said notice, together with all coupons, if any, appertaining thereto maturing after the Redemption Date, such Security shall be paid by the Company at the Redemption Price, together with accrued interest and Additional Amounts payable with respect thereto, if any, on the Redemption Date; provided, however, that installments of interest on Bearer Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and surrender of coupons for such interest; and provided further that except as otherwise provided with respect to Securities convertible or exchangeable into other securities or property (including securities of other issuers) of the Company, installments of interest on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be redeemed will cease payable to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities 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 Bearer Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Security shall surrender to the Trustee or any Paying Agent any such missing coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted; provided, however, that interest represented by coupons shall be payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and surrender of such Securitiesthose coupons. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, (and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant of interest or Yield to Section 2.01 or provided in the Securities or, Maturity (in the case of Original Issue Discount Securities, ) set forth in such Securities’ yield to maturitySecurity.

Appears in 2 contracts

Samples: Connecticut Southern Railroad Inc, Connecticut Southern Railroad Inc

Deposit of Redemption Price. By On or before 11:00 a.m., New York City time, on any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.0610.03) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on on, and any Additional Amounts with respect to, all the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor Company complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Company defaults in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 3.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield Yield to maturityMaturity.

Appears in 2 contracts

Samples: Abraxas Petroleum Corp, Abraxas Petroleum Corp

Deposit of Redemption Price. By 11:00 a.m.12:00 p.m., New York City time, on any Redemption Date, the Issuers Company or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Company or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Company or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers Company and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 2 contracts

Samples: Indenture (AMI 2, Inc.), Indenture (AMI 2, Inc.)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on any Redemption Date, the Issuers Company or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Company or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Company or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers Company and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities' yield to maturity.

Appears in 2 contracts

Samples: Indenture (Westlake International CORP), Indenture (Westlake International CORP)

Deposit of Redemption Price. By On or prior to 11:00 a.m., New York City time, on any Redemption DateDate subject to the satisfaction of applicable conditions, the Issuers Company or a Subsidiary the Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such Subsidiary the Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Company or a Subsidiary the Guarantor to the Trustee for cancellation. If the Issuers Company or a Subsidiary the Guarantor complies with the preceding paragraph, then, unless the Issuers Company and the Subsidiary Guarantors Guarantor default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 2 contracts

Samples: Indenture (Shell International Finance B.V.), Shell International Finance B.V.

Deposit of Redemption Price. By 11:00 a.m., New York City time, on Prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date, other than any Securities or portions thereof called for redemption on that date which have been delivered converted prior to the date of such deposit. If any Security or portion thereof called for redemption is converted, any money deposited with the Trustee or with any Paying Agent or so segregated and held in trust for the redemption of such Security or portion thereof shall (subject to any right of the Holder of such Security or any Predecessor Security to receive interest as provided in the last paragraph of Section 307) be paid to the Company upon Company Request or, if then held by the Issuers or a Subsidiary Guarantor Company, shall be discharged from such trust. SECTION 1106. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Securities so to be redeemed shall, on the Trustee for cancellation. If Redemption Date, become due and payable at the Issuers or a Subsidiary Guarantor complies with the preceding paragraphRedemption Price therein specified, then, and from and after such date (unless the Issuers and the Subsidiary Guarantors 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 on to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date; provided, whether however, that, unless otherwise specified as contemplated by Section 301, installments of interest whose Stated Maturity is on or not such Securities are presented for payment, and prior to the Redemption Date will be payable to the Holders of such Securities shall have no further rights with respect Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to such Securities except for their terms and the right to receive the Redemption Price upon surrender provisions of such SecuritiesSection 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, principal and any Additional Amounts, and, to the extent lawful, accrued interest thereon premium shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturitySecurity.

Appears in 2 contracts

Samples: Indenture (Penn Virginia MC CORP), Indenture (Penn Virginia Corp)

Deposit of Redemption Price. By On or prior to 11:00 a.m., New York City time, on any Redemption Date, the Issuers Partnership or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Partnership or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Partnership or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Partnership or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers Partnership and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities' yield to maturity.

Appears in 2 contracts

Samples: Heritage Propane Partners L P, Heritage Propane Partners L P

Deposit of Redemption Price. By On or prior to 11:00 a.m., New York City time, on any Redemption DateDate subject to the satisfaction of any applicable conditions, the Issuers Company or a Subsidiary the Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such Subsidiary the Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, to the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Company or a Subsidiary the Guarantor to the Trustee for cancellation. If the Issuers Company or a Subsidiary the Guarantor complies with the preceding paragraph, then, unless the Issuers Company and the Subsidiary Guarantors Guarantor default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, premium (if any), any Additional Amounts, Amounts and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 2 contracts

Samples: Shell International Finance B.V., Shell International Finance B.V.

Deposit of Redemption Price. By 11:00 a.m., New York City time, On or before 2:00 p.m. on any the Redemption Date, the Issuers or a Subsidiary Guarantor Issuer shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds U.S. Legal Tender sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the of all Securities or portions thereof which are to be redeemed on that date, date (other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Issuer to the Trustee for cancellation). Paying Agent shall promptly return to Issuer any U.S. Legal Tender so deposited which is not required for that purpose upon the written request of Issuer, except with respect to monies owed as obligations to Trustee pursuant to Article VI. If the Issuers or a Subsidiary Guarantor Issuer complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Issuer defaults in the payment of such Redemption Price, interest on the Securities or portions thereof to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment. If a Security or portion thereof is redeemed on or after a Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid interest shall be paid to the Holders Person in whose name such Security was registered at the close of business on such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such SecuritiesRecord Date. If any Security or portion thereof called for redemption shall not be so paid upon surrender thereof for redemptionredemption because of the failure of Issuer to comply with the first paragraph of this Section 3.5, interest shall be paid on the unpaid principal, premium, if any, any Additional Amountsfrom the Redemption Date until such principal is paid, and, to the extent lawful, accrued on any interest thereon shallnot paid on such unpaid principal, until paid, bear interest from the Redemption Date in each case at the rate specified pursuant to Section 2.01 or provided in the Securities or, and in the case of Original Issue Discount Securities, such Securities’ yield to maturitySection 4.1 hereof.

Appears in 2 contracts

Samples: Scott Cable Communications Inc, Scott Cable Communications Inc

Deposit of Redemption Price. By 11:00 a.m., New York City time, on Prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date. Section 1106 Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities or portions thereof called for redemption so to be redeemed shall, on that the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, (unless the Issuers and the Subsidiary Guarantors 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 on to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date; provided, whether however, that, unless otherwise specified as contemplated by Section 301, installments of interest whose Stated Maturity is on or not such Securities are presented for payment, and prior to the Redemption Date will be payable to the Holders of such Securities shall have no further rights with respect Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to such Securities except for their terms and the right to receive the Redemption Price upon surrender provisions of such SecuritiesSection 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, principal and any Additional Amounts, and, to the extent lawful, accrued interest thereon premium shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Security. Section 1107 Securities orRedeemed in Part. Any Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series and of like tenor, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the case unredeemed portion of Original Issue Discount Securities, such Securities’ yield to maturity.the principal of the Security so surrendered. ARTICLE TWELVE

Appears in 2 contracts

Samples: American Tower Corp /Ma/, American Tower Corp /Ma/

Deposit of Redemption Price. By 11:00 a.m., New York City time, on any On or before the Redemption Date, the Issuers or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (orother than the Issuers, if either any of the Guarantors (or any other obligor on the Securities) or an Affiliate of the Issuers or such Subsidiary Guarantor is acting as any of the Paying AgentGuarantors or any other obligor on the Securities), segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds U.S. Legal Tender sufficient to pay the Redemption Price ofPrice, plus accrued and (except unpaid interest and Liquidated Damages, if any, to the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the of all Securities or portions thereof which are to be redeemed on that date, such Redemption Date (other than Securities or portions thereof called for redemption on that date which that have been delivered by the Issuers or a Subsidiary Guarantor Company to the Trustee for cancellation). The Paying Agent shall promptly return to the Issuers any U.S. Legal Tender so deposited which is not required for that purpose upon the written request of the Issuers. If the Issuers or a Subsidiary Guarantor complies comply with the preceding paragraph, then, unless the Issuers paragraph and the Subsidiary Guarantors default in the other provisions of this Article III and payment of such Redemption Pricethe Securities called for redemption is not prevented for any reason, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment. Notwithstanding anything herein to the contrary, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If if any Security called surrendered for redemption in the manner provided in the Securities shall not be so paid upon surrender thereof for redemptionredemption because of the failure of the Issuers to comply with the preceding paragraph and the other provisions of this Article III, interest shall continue to accrue and be paid from and including the Redemption Date until such payment is made on the unpaid principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued on any interest thereon shallnot paid on such unpaid principal, until paid, bear interest from the Redemption Date in each case at the rate specified pursuant to Section 2.01 or and in the manner provided in Section 5.1 hereof and the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 2 contracts

Samples: Indenture (Trump Communications LLC), Indenture (Trump Atlantic City Funding Iii Inc)

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Deposit of Redemption Price. By 11:00 With respect to any Securities, prior to 10:00 a.m., New York City time, on any Redemption Datethe redemption date (provided that the Issuer shall have confirmed in writing to the Trustee the satisfaction or waiver of all conditions to such redemption pursuant to Section 3.05(a)), the Issuers or a Subsidiary Guarantor Issuer shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Issuer or such a Wholly Owned Restricted Subsidiary Guarantor is acting as the Paying Agent, shall segregate and hold in trust as provided in Section 2.06trust) an amount of money in same day funds sufficient to pay the Redemption Price of, redemption price of and (except if the Redemption Date shall be an Interest Payment Date) accrued and unpaid interest on and any Additional Amounts with respect to, the all Securities or portions thereof which are to be redeemed on that date other than Securities or portions of Securities called for redemption that have been delivered by the Issuer to the Trustee for cancellation. On and after the redemption date, other than interest shall cease to accrue on Securities or portions thereof called for redemption on that date which have been delivered by so long as the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies Issuer has deposited with the preceding paragraphPaying Agent funds sufficient to pay the principal of, thenplus accrued and unpaid interest on, unless the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease and any related fees contemplated by this Indenture, unless the Paying Agent is prohibited from making such payment pursuant to accrue on and after the applicable Redemption Dateterms of this Indenture, whether or not such Securities are presented for payment, and provided that the Holders of such Securities shall have no further rights with respect Issuer has provided an Officers’ Certificate to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, Trustee stating that all conditions precedent (if any, ) to which such redemption has been made subject have been satisfied. Upon redemption of any Additional Amounts, and, to Securities by the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount SecuritiesIssuer, such Securities’ yield to maturityredeemed Securities will be cancelled.

Appears in 2 contracts

Samples: Purchase Agreement (Vivus Inc), Indenture (Vivus Inc)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Company to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor Company complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Company defaults in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities' yield to maturity.

Appears in 2 contracts

Samples: Indenture (Pride International Inc), Pride International Inc

Deposit of Redemption Price. By 11:00 a.m., New York City time, on any Redemption Date, the Issuers Company or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Company or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Company or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers Company and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price Price, together with any such accrued interest and Additional Amounts, upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 2 contracts

Samples: Patterson (Patterson Uti Energy Inc), Patterson Uti Energy Inc

Deposit of Redemption Price. By On or prior to 11:00 a.m., New York City time, on any Redemption Date, the Issuers Partnership, the Guarantor or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Partnership, the Guarantor or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Partnership, the Guarantor or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Partnership, the Guarantor or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers Partnership, the Guarantor and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities' yield to maturity.

Appears in 2 contracts

Samples: Indenture (Heritage Propane Partners L P), Heritage Propane Partners L P

Deposit of Redemption Price. By 11:00 a.m., New York City time, At or prior to 10:00 am on any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay on such date the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date, date other than any Securities or portions thereof called for redemption on that date which have been delivered converted prior to the Redemption Date. If any Security called for redemption is converted, any money deposited with the Trustee or with any Paying Agent or so segregated and held in trust for the redemption of such Security shall (subject to any right of the Holder of such Security or any Predecessor Security to receive interest as provided in the last paragraph of Section 307) be paid to the Company upon Company Request or, if then held by the Issuers or a Subsidiary Guarantor Company, shall be discharged from such trust. Section 1107. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Securities so to be redeemed shall, on the Trustee for cancellation. If Redemption Date, become due and payable at the Issuers or a Subsidiary Guarantor complies with the preceding paragraphRedemption Price therein specified, then, and from and after such date (unless the Issuers and the Subsidiary Guarantors 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 on to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether on the later of the Redemption Date or not the date such Securities are presented for paymentSecurity is surrendered; provided, and however, that installments of interest whose Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Securities shall have no further rights with respect Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to such Securities except for their terms and the right to receive the Redemption Price upon surrender provisions of such SecuritiesSection 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemptionredemption as provided herein, the principal, principal and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified borne by the Security. The Company shall be deemed to have made payment as provided herein if checks are mailed to the appropriate Persons not later than the Business Day next subsequent to the Redemption Date. Section 1108. Securities Redeemed in Part. Any Security which is to be redeemed only in part shall be surrendered at an office or agency of the Company maintained for that purpose pursuant to Section 2.01 1002 (with, if the Company or provided the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Securities orCompany and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities, of any authorized denomination as requested by such Holder, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.an aggregate

Appears in 2 contracts

Samples: Exhibit 4 (Converse Inc), Converse Inc

Deposit of Redemption Price. By 11:00 a.m., New York City time, on Prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Partnership shall deposit with the Trustee or the Paying Agent Partnership's paying agent (or, with the Partnership if either of the Issuers or such Subsidiary Guarantor Partnership is acting as its own paying agent with respect to the Paying Agent, segregate and hold in trust as provided in Section 2.06PPIs) an amount of money in same day funds consideration sufficient to pay pay, in the case of a cash payment, or deliver, in the case of delivery of OPIs, the Redemption Price ofPrice, together with (i) in the case of a Provisional Redemption, the Distribution Make-Whole Payment and accrued and unpaid Scheduled Distributions (including an amount equal to a prorated Scheduled Distribution for any period following the immediately preceding Scheduled Distribution Payment Date) and Preferred Stock Liquidated Damages, if any, to the Provisional Redemption Date (ii) in the case of an Optional Redemption, accrued and unpaid Scheduled Distributions (including an amount equal to a prorated Scheduled Distribution for any period following the immediately preceding Scheduled Distribution Payment Date) and Preferred Stock Liquidated Damages, if any, to the Optional Redemption Date, and (except iii) in the case of a Mandatory Redemption, accrued and unpaid Scheduled Distributions and Preferred Stock Liquidated Damages, if any, to the Mandatory Redemption Date shall be an Interest Payment Date) accrued interest , on and any Additional Amounts with respect to, all the Securities or portions thereof PPIs which are to be redeemed on that date, date (other than Securities or portions thereof any PPIs called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor converted prior to the Trustee for cancellationdate of such deposit, except with respect to any applicable Distribution Make-Whole Payment and Preferred Stock Liquidated Damages, which shall be payable regardless of such conversion). If the Issuers any PPI called for redemption is converted, any cash or a Subsidiary Guarantor complies OPIs deposited with the preceding paragraph, then, unless Partnership's paying agent or with the Issuers Partnership shall (subject to any right of GTL to receive accrued and unpaid distributions as provided in Section 1.3 of this Schedule C) be paid or delivered to the Subsidiary Guarantors default in the payment of such Redemption Price, interest Partnership upon its request. Any Distribution Make-Whole Payment will be paid to GTL on the Securities to be redeemed will cease to accrue on and after date of conversion or the applicable Provisional Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in as the case of Original Issue Discount Securities, such Securities’ yield to maturitymay be.

Appears in 2 contracts

Samples: Globalstar Lp, Globalstar Lp

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Alderwoods shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities Subordinated Notes or portions thereof which that are to be redeemed on that datedate (other than those surrendered for conversion into Alderwoods Common Stock), other than Securities Subordinated Notes or portions thereof called for redemption on that date which that have been delivered by the Issuers or a Subsidiary Guarantor Alderwoods to the Trustee for cancellation. The Paying Agent shall promptly return to Alderwoods any money deposited with the Paying Agent by Alderwoods in excess of the amounts necessary to pay the Redemption Price of, and accrued and unpaid interest on, all Subordinated Notes to be redeemed (including any amounts deposited for the redemption of Subordinated Notes that are instead converted into Alderwoods Common Stock). If the Issuers or a Subsidiary Guarantor Alderwoods complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Alderwoods defaults in the payment of such Redemption Price, interest on the Securities Subordinated Notes to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities Subordinated Notes are presented for payment, and the Holders of such Securities shall have Subordinated Notes will no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securitieslonger be convertible into Alderwoods Common Stock. If any Security Subordinated Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued and unpaid interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities orSubordinated Notes and shall remain convertible into Alderwoods Common Stock until the principal, in the case of Original Issue Discount Securitiespremium, such Securities’ yield to maturityif any, and accrued interest thereon has been paid or duly provided for.

Appears in 2 contracts

Samples: Indenture (Loewen Group International Inc), Alderwoods Group Inc

Deposit of Redemption Price. By 11:00 a.m., New York City time, on Prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date. SECTION 1106 Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities or portions thereof called for redemption so to be redeemed shall, on that the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, (unless the Issuers and the Subsidiary Guarantors 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 on to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date; provided, whether however, that, unless otherwise specified as contemplated by Section 301, installments of interest whose Stated Maturity is on or not such Securities are presented for payment, and prior to the Redemption Date will be payable to the Holders of such Securities shall have no further rights with respect Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to such Securities except for their terms and the right to receive the Redemption Price upon surrender provisions of such SecuritiesSection 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, principal and any Additional Amounts, and, to the extent lawful, accrued interest thereon premium shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Security. SECTION 1107 Securities orRedeemed in Part. Any Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series and of like tenor, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the case unredeemed portion of Original Issue Discount Securities, such Securities’ yield to maturitythe principal of the Security so surrendered.

Appears in 2 contracts

Samples: Providian Financial Corp, Providian Financial Corp

Deposit of Redemption Price. By 11:00 a.m., New York City time, On or prior to 10:00 a.m. on any the Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the Paying Agent (or, or if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, shall, on or before the Redemption Date, segregate and hold in trust as provided in Section 2.06trust) an amount of money in same day funds sufficient to pay the Redemption Price redemption price of, and (except accrued interest, if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toany, the Securities on, all Notes or portions thereof which are to be redeemed on that date, date other than Securities Notes or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Company to the Trustee for cancellation. All money, if any, earned on funds held in trust by the Paying Agent shall be remitted to the Company. If any Note surrendered for redemption in the manner provided in the Notes shall not be so paid on the Redemption Date due to the failure of the Company to deposit with the Paying Agent money sufficient to pay the redemption price thereof, the principal and ac- crued and unpaid interest, if any, thereon shall, until paid or duly provided for, bear interest as provided in Sections 2.12 and 4.01 with respect to any payment default. If the Issuers or a Subsidiary Guarantor Company complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Company defaults in the payment of such Redemption Priceredemption price, interest on the Securities Notes to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities Notes are presented for payment, and the Holders of such Securities Notes shall have no further rights with respect to such Securities Notes except for the right to receive the redemption price plus unpaid interest on the Notes through the Redemption Price Date, upon surrender of such SecuritiesNotes. If any Security Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityNotes.

Appears in 1 contract

Samples: Amo Holdings LLC

Deposit of Redemption Price. By No later than 11:00 a.m., ---------------------------- New York City time, on any Redemption Datethe redemption date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such a Wholly Owned Subsidiary Guarantor is acting as the Paying Agent, shall segregate and hold in trust as provided in Section 2.06trust) an amount of money in same day funds sufficient to pay the Redemption Price of, redemption price of and (except if the Redemption Date shall be an Interest Payment Date) accrued interest (subject to the right of Holders of record on and any Additional Amounts with respect to, the relevant record date to receive interest due on the relevant interest payment date that is on or prior to the date of redemption) on all Securities or portions thereof which are to be redeemed on that date, date other than Securities or portions thereof of Securities called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Company to the Trustee for cancellationcancelation. If All money earned on funds held in trust by the Issuers Trustee or any Paying Agent and any excess or remaining funds shall be remitted to the Company. In the event of a redemption pursuant to paragraph 5(b) of the Securities, Holding will, on April 10, 1998, irrevocably deposit with the Trustee (or a Subsidiary Guarantor complies with paying agent designated by the preceding paragraphTrustee) money sufficient to pay the redemption price. The Trustee (or the paying agent) will invest such funds in cash or Temporary Cash Investments as directed in writing by the Company pending distribution to Holders on April 24, then1998. The Trustee (or the paying agent) shall not be accountable or liable for any losses resulting from the sale or depreciation in value of such investments. Subject to any applicable abandoned property law, unless the Issuers Trustee and the Subsidiary Guarantors default in Paying Agent shall pay to the Company upon request any money held by them for the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on redemption price of and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premiumaccrued interest, if any, any Additional Amountson the Securities that remains unclaimed for two years or if then held by the Company or a Wholly Owned Subsidiary in trust for the payment thereof, shall be discharged from such trust, and, thereafter, Securityholders entitled to the extent lawfulmoney must look to the Company for payment as general creditors; provided, accrued interest thereon shall-------- however, until paid, bear interest from that the Redemption Date Trustee or such Paying Agent before being required to make any ------- such repayment shall at the rate specified pursuant expense of the Company cause to Section 2.01 or provided in be mailed to each such Holder a notice that said moneys have not been so applied and that after a date named therein any unclaimed balance of said moneys then remaining will be returned to the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityCompany.

Appears in 1 contract

Samples: Hudson Respiratory Care Inc

Deposit of Redemption Price. By 11:00 a.m.On or before the close of business on the Business Day immediately preceding the Redemption Date, each of Xxxxxxx Empress, Xxxxxxx Leasing and any Additional Guarantors shall deposit with Empress U.S. Legal Tender in an amount equal to its Proportionate Share of the amount Empress is required to deposit with the Company pursuant to this Section 3.7 (subject to the joint and several obligations of each Guarantor with respect to such payments). No later than 12:00 noon, New York City time, on any the Redemption Date, the Issuers or a Subsidiary Guarantor Empress shall irrevocably deposit with the Trustee or Company, and the Company shall irrevocably deposit with the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold U.S. Legal Tender in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, plus accrued and (except if the Redemption Date shall be an Interest Payment Date) accrued unpaid interest on and any Additional Amounts with respect toon, the all Securities or portions thereof which are to be redeemed on that date, such Redemption Date (other than Securities or portions thereof called for redemption on that date which that have been delivered by the Issuers or a Subsidiary Guarantor Company to the Trustee for cancellation). The Paying Agent shall promptly return to the Company any U.S. Legal Tender so deposited which is not required for that purpose upon the written request of the Company. If the Issuers or a Subsidiary Guarantor Company complies with the preceding paragraph, then, unless the Issuers paragraph and the Subsidiary Guarantors default in the other provisions of this Article III and payment of such Redemption Pricethe Securities called for redemption is not prevented for any reason, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment. Notwithstanding anything herein to the contrary, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If if any Security called surrendered for redemption in the manner provided in the Securities shall not be so paid upon surrender thereof for redemptionredemption because of the failure of the Company to comply with the preceding paragraph and the other provisions of this Article III, interest shall continue to accrue and be paid from the Redemption Date until such payment is made on the unpaid principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued on any interest thereon shallnot paid on such unpaid principal, until paid, bear interest from the Redemption Date in each case at the rate specified pursuant to Section 2.01 or and in the manner provided in Section 5.1 hereof and the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 1 contract

Samples: Indenture (Hammond Residential LLC)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect tointerest, if any, on, all the Securities or portions thereof which are to be redeemed on that date. -66- 74 SECTION 1106. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than and the conditions, if any, set forth in such notice having been satisfied, the Securities or portions thereof called for redemption so to be redeemed shall, on that the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, (unless the Issuers and the Subsidiary Guarantors Company shall default in the payment of the Redemption Price and accrued interest) such Securities shall cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Security for redemption in accordance with said notice, together with all coupons, if any, appertaining thereto maturing after the Redemption Date, such Security shall be paid by the Company at the Redemption Price, together with accrued interest, if any, to the Redemption Date; provided, however, that installments of interest on Bearer Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable only upon presentation and surrender of coupons for such interest (at an office or agency located outside the United States except as otherwise provided in Section 1002); and provided, further, that installments of interest on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be redeemed will cease payable to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities 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 Bearer Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Security shall surrender to the Trustee or any Paying Agent any such missing coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted; provided, however, that interest represented by coupons shall be payable only upon presentation and surrender of such Securitiesthose coupons at an office or agency located outside of the United States except as otherwise provided in Section 1002. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal (and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturitySecurity.

Appears in 1 contract

Samples: Indenture (New Nisource Inc)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on Prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date, unless the Securities being redeemed provide that interest due on an Interest Payment Date that falls on a Redemption Date is payable to the Person to whom principal is payable) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date. SECTION 1106. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities or portions thereof called for redemption so to be redeemed shall, on that the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, (unless the Issuers and the Subsidiary Guarantors Company shall default in the payment of the Redemption Price and accrued interest) such Securities shall cease to bear interest and the Coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Security for redemption in accordance with said notice, together with all Coupons, if any, appertaining thereto maturing after the Redemption Date, such Security shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date; provided, however, that installments of interest on Bearer Securities whose Stated Maturity Date is on or prior to the Securities to Redemption Date shall be redeemed will cease to accrue on payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and after the applicable Redemption Date, whether or not surrender of Coupons for such Securities are presented for paymentinterest, and provided, further, that, unless otherwise specified as contemplated by Section 301, installments of interest on Registered Securities whose Stated Maturity Date is on or prior to the Redemption Date shall be payable to the Holders of such Securities Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Regular Record Date or Special Record Date, as the case may be, according to their terms and the provisions of Sections 305 and 307. If any Bearer Security surrendered for redemption shall not be accompanied by all appurtenant Coupons maturing after the Redemption Date, such Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing Coupons, or the surrender of such missing Coupon or Coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Security shall surrender to the Trustee or any Paying Agent any such missing Coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted; provided, however, that interest represented by Coupons shall be payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and surrender of such Securitiesthose Coupons. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, principal and any Additional Amounts, and, to the extent lawful, accrued interest thereon premium shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturitySecurity.

Appears in 1 contract

Samples: Indenture (Kirby Corp)

Deposit of Redemption Price. By 11:00 a.m., New York City time, No later than 10:00 a.m. London time on any Redemption Datethe Business Day prior to each redemption date, the Issuers or a Subsidiary Guarantor Issuer shall deposit with the Trustee or the Paying Agent (or, if either the Issuer or a Restricted Subsidiary of the Issuers or such Subsidiary Guarantor Issuer is acting as the Paying Agent, shall segregate and hold in trust as provided in Section 2.06trust) an amount of money in same day immediately available funds sufficient to pay the Redemption Price of, redemption or purchase price of and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities all Notes or portions thereof which are to be redeemed on that date, date other than Securities Notes or portions thereof of Notes called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Issuer to the Trustee Registrar for cancellation. If On and after the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Priceredemption date, interest on the Securities to be redeemed will shall cease to accrue on and after the applicable Redemption Date, whether Notes or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security portions‌ thereof called for redemption shall not be so paid upon surrender thereof for redemptionlong as the Issuer has deposited with the Paying Agent funds sufficient to pay the redemption or purchase price of, the principal, premiumplus accrued and unpaid interest and Additional Amounts, if any, any Additional Amountson, andthe Notes to be redeemed, unless the Paying Agent is prohibited from making such payment pursuant to the extent lawfulterms of this Indenture. For the avoidance of doubt, accrued interest thereon shallthe Paying Agent and the Trustee shall be held harmless and have no liability with respect to payments or disbursements to be made by the Paying Agent and the Trustee (i) for which payment instructions are not made or that are not otherwise deposited by the respective times set forth in this Section 3.05, and (ii) until paid, bear interest from they have confirmed receipt of funds sufficient to make the Redemption Date at relevant payment. Notwithstanding anything else to the rate specified pursuant to Section 2.01 contrary in this Indenture or provided in the Securities orNotes, in if a redemption date is not a Business Day, payment may be made on the case of Original Issue Discount Securities, next succeeding day that is a Business Day and no interest shall accrue or be payable on any amount that would have been otherwise payable on such Securities’ yield to maturityredemption date if it were a Business Day.

Appears in 1 contract

Samples: Indenture

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Company to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor Company complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Company defaults in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities' yield to maturity.

Appears in 1 contract

Samples: Global Marine Inc

Deposit of Redemption Price. By 11:00 a.m., Prior to 10:00 a.m. (New York City time, ) on any Redemption Datethe redemption date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the Paying Agent (orin immediately available funds, if either of the Issuers or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price ofredemption price of and accrued and unpaid interest and Additional Amounts, and (except if applicable, to but not including the Redemption Date shall be an Interest Payment Date) accrued interest redemption date on and any Additional Amounts with respect to, the all Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor (subject to the right of holders of record on the relevant record date to receive interest (and Additional Amounts, if applicable) due on an interest payment date) unless theretofore converted into Common Stock pursuant to the provisions hereof. The Trustee or such Paying Agent shall return to the Company any money not required for cancellationthat purpose. If So long as the Issuers or a Subsidiary Guarantor Company complies with the preceding paragraph, then, paragraph and the other provisions of this Article III and unless the Issuers and Paying Agent is prohibited from making such payment pursuant to the Subsidiary Guarantors default in the payment terms of such Redemption Pricethis Indenture, by law or otherwise, interest (and Additional Amounts, if any) on the Securities to be redeemed will on the applicable redemption date shall cease to accrue on from and after the applicable Redemption Date, whether or not such redemption date and such Securities are presented for payment, and the Holders of such Securities or portions thereof shall have no further rights with respect be deemed not to such Securities be entitled to any benefit under this Indenture except for the right to receive payment on the Redemption Price upon surrender redemption date of such Securitiesthe redemption price plus interest and Additional Amounts, if any, accrued and unpaid to the redemption date. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, then, from the principalredemption date until such redemption price (including, without limitation, accrued interest and Additional Amounts, if any) is paid in full, the Company shall pay interest, to the extent permitted by law, on the unpaid principal of and premium, if any, any interest and Additional Amounts, andif any, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date on such Security at the rate specified pursuant to Section 2.01 or provided in the Securities orDefault Rate, in the case of Original Issue Discount Securities, such Securities’ yield to maturitycompounded semiannually.

Appears in 1 contract

Samples: Indenture (Young & Rubicam Inc)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or before any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, which it may not do in the case of a sinking fund payment under Article Twelve, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds the currency or currencies, currency unit or units or composite currency or currencies in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for the Securities of such series) sufficient to pay on the Redemption Date the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date, other than . If any Securities or portions thereof called for redemption on that date which have been delivered is converted, any money deposited with the Trustee or with any Paying Agent or so segregated and held in trust for the redemption of such Security shall be paid to the Company upon Company Request or, if then held by the Issuers Company, shall be discharged from such trust. SECTION 1106 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 in the currency or a Subsidiary Guarantor currencies, currency unit or units or composite currency or currencies in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for the Securities of such series) (together with accrued interest, if any, to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraphRedemption Date), then, and from and after such date (unless the Issuers and the Subsidiary Guarantors Company shall default in the payment of the Redemption Price and accrued interest) such Securities shall, if the same were interest-bearing, cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Security for redemption in accordance with said notice, together with all coupons, if any, appertaining thereto maturing after the Redemption Date, such Security shall be paid by the Company at the Redemption Price, together with accrued interest, if any, to the Redemption Date; PROVIDED, HOWEVER, that installments of interest on Bearer Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and surrender of coupons for such interest; and PROVIDED FURTHER that, except as otherwise provided with respect to Registered Securities convertible into Common Stock or Preferred Stock, installments of interest on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be redeemed will cease payable to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities 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 Bearer Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Security shall surrender to the Trustee or any Paying Agent any such missing coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted; PROVIDED, HOWEVER, that interest represented by coupons shall be payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and surrender of such Securitiesthose coupons. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal (and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 borne by or provided in the Securities orin, in as the case of Original Issue Discount Securitiesmay be, such Securities’ yield to maturitythe Security.

Appears in 1 contract

Samples: Indenture (Pan Pacific Retail Properties Inc)

Deposit of Redemption Price. By 11:00 a.m., Prior to 10:00 a.m. New York City time, time on any the Redemption Date or the Tax Redemption Date, as applicable, the Issuers or a Subsidiary Guarantor Issuer shall deposit with the Trustee or its designated Paying Agent (which shall be the Paying Agent (or, if either of or its successor unless otherwise notified to the Issuers or such Subsidiary Guarantor is acting as Issuer by the Paying Agent, segregate and hold Trustee) cash in trust as provided U.S. Dollars in Section 2.06) an amount of money in same same-day funds sufficient to pay the Redemption Price ofplus accrued and unpaid interest (subject to, as provided in the Notes, the right of Holders to receive interest on the relevant interest payment date), if any, and (except Additional Amounts, if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toany, the Securities or portions thereof which are of all Notes to be redeemed on that date, date other than Securities Notes or portions thereof portion of Notes called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Issuer to the Trustee for cancellation. The designated Paying Agent shall promptly return to the Issuer any cash so deposited which is not required for that purpose upon the written request of the Issuer. Promptly upon receipt of such payment the Paying Agent shall confirm by the medium chosen by the Paying Agent to the Issuer the receipt of such payment. If the Issuers or a Subsidiary Guarantor Issuer complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default Issuer defaults in the payment of such Redemption PricePrice plus accrued and unpaid interest, if any, and Additional Amounts, if any, interest and Additional Amounts on the Securities Notes to be redeemed will cease to accrue on and after the applicable Redemption Date or Tax Redemption Date, whether or not such Securities Notes are presented for payment. With respect to Definitive Notes, if a Definitive Note is redeemed on or after an interest Record Date but on or prior to the related interest payment date, then any accrued and unpaid interest, if any, and Additional Amounts, if any, shall be paid to the Holders Person in whose name such Note was registered at the close of business on such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such SecuritiesRecord Date. If any Security Note called for redemption shall not be so paid upon surrender thereof for redemptionredemption because of the failure of the Issuer to comply with the preceding paragraph, the principalinterest, premiumand Additional Amounts, if any, any Additional Amountsshall be paid on the unpaid principal, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date or the Tax Redemption Date, as applicable, until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate specified pursuant to Section 2.01 or provided in the Securities or, Notes and in the case of Original Issue Discount Securities, such Securities’ yield to maturitySection 4.1.

Appears in 1 contract

Samples: Fresenius Medical Care AG & Co. KGaA

Deposit of Redemption Price. By 11:00 a.m., New York City time, on any On or prior to the Redemption DateDate specified in the notice of redemption given as provided in Section 1104, the Issuers or a Subsidiary Guarantor shall Corporation will deposit with the Trustee or with one or more Paying Agents (or if the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Corporation is acting as the its own Paying Agent, the Corporation will segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, ; and (except if the Redemption Date shall be an Interest Payment Date) any accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date. Section 1106.Securities Payable on Redemption Date. ​ Notice of redemption having been given as aforesaid, other than and the conditions, if any, set forth in such notice having been satisfied, the Securities or portions thereof called for redemption so to be redeemed shall, on that the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date which have been delivered by (unless, in the Issuers or a Subsidiary Guarantor to case of an unconditional notice of redemption, the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors Corporation shall default in the payment of the Redemption Price and accrued interest, if any) such Securities or portions thereof, if interest-bearing, shall cease to bear interest. Upon surrender of any such Security for redemption in accordance with said notice, such Security or portion thereof shall be paid by the Corporation at the Redemption Price, interest on together with accrued interest, if any, to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date; provided, whether or not however, that no such Securities are presented for paymentsurrender shall be a condition to such payment if so specified as contemplated by Section 301 with respect to such Security, and provided further 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 shall have no further rights with respect Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to such Securities except for their terms and the right to receive the Redemption Price upon surrender provisions of such SecuritiesSection 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, principal and any Additional Amounts, and, to the extent lawful, accrued interest thereon premium shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturitySecurity.

Appears in 1 contract

Samples: Edison International

Deposit of Redemption Price. By On or prior to 11:00 a.m., New York City time, on any Redemption Date, the Issuers Partnership or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Partnership or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities Notes or portions thereof which are to be redeemed on that date, other than Securities Notes or portions thereof called for redemption on that date which have been delivered by the Issuers Partnership or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Partnership or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers Partnership and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities Notes to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities Notes are presented for payment, and the Holders of such Securities Notes shall have no further rights with respect to such Securities Notes except for the right to receive the Redemption Price upon surrender of such SecuritiesNotes. If any Security Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities Notes or, in the case of Original Issue Discount SecuritiesNotes, such SecuritiesNotes’ yield to maturity.

Appears in 1 contract

Samples: Credit Agreement (Cheniere Energy Partners, L.P.)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on any Redemption Date, the Issuers Company or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section ‎Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Company or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Company or a Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers Company and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section ‎Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 1 contract

Samples: Pardril Inc

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) any accrued interest on and any Additional Amounts with respect tothereto, all the Securities or portions thereof which are to be redeemed on that date, other than Securities . If any Convertible Security or portions portion thereof called for redemption is converted pursuant to Article Sixteen, any money deposited with the Trustee or so segregated and held in trust for the redemption of such Security or portion thereof shall (subject to any right of the Holder of the Security on that date which have been delivered a Regular Record Date preceding such conversion to receive interest) be paid to the Company upon Company Request or, if then held by the Issuers or a Subsidiary Guarantor Company, shall be discharged from such trust. Section 1106. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Securities so to be redeemed shall, on the Trustee for cancellation. If Redemption Date, become due and payable at the Issuers or a Subsidiary Guarantor complies with the preceding paragraphRedemption Price therein specified, then, and from and after such date (unless the Issuers and the Subsidiary Guarantors Company shall default in the payment of the Redemption Price and accrued interest) such Securities shall cease to bear interest and the Coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Security for redemption in accordance with said notice, together with all Coupons, if any, appertaining thereto maturing after the Redemption Date, such Security shall be paid by the Company at the Redemption Price, together with any accrued interest and Additional Amounts to the Redemption Date; provided, however, that installments of interest on Bearer Securities whose Stated Maturity is on or prior to the Securities to Redemption Date shall be redeemed will cease to accrue on payable only upon presentation and after surrender of Coupons for such interest (at an Office or Agency located outside the applicable Redemption Date, whether or not such Securities are presented for paymentUnited States except as otherwise provided in Section 1002), and provided, further, that installments of interest on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Securities Securities, or one or more Predecessor Securities, registered as such at the close of business on the Regular Record Dates therefor according to their terms and the provisions of Section 307. If any Bearer Security surrendered for redemption shall not be accompanied by all appurtenant Coupons maturing after the Redemption Date, such Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing Coupons, or the surrender of such missing Coupon or Coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Security shall surrender to the Trustee or any Paying Agent any such missing Coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted; provided, however, that any interest or Additional Amounts represented by Coupons shall be payable only upon presentation and surrender of those Coupons at an Office or Agency for such SecuritiesSecurity located outside of the United States except as otherwise provided in Section 1002. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal and any premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, shall bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Security. Section 1107. Securities orRedeemed in Part. Any Registered Security which is to be redeemed only in part shall be surrendered at any Office or Agency for such Security (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing) and the Company shall execute and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Registered Security or Securities of the same series, containing identical terms and provisions, of any authorized denomination as requested by such Holder in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Security so surrendered. If a Security in global form is so surrendered, the Company shall execute, and the Trustee shall authenticate and deliver to the U.S. Depository or other Depository for such Security in global form as shall be specified in the case Company Order with respect thereto to the Trustee, without service charge, a new Security in global form in a denomination equal to and in exchange for the unredeemed portion of Original Issue Discount Securities, such Securities’ yield to maturitythe principal of the Security in global form so surrendered.

Appears in 1 contract

Samples: Senior Indenture (Capital One Financial Corp)

Deposit of Redemption Price. By 11:00 a.m.Except as otherwise provided in a supplemental indenture pursuant to Section 301, New York City time, on prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers Company or such Subsidiary Guarantor its Affiliate is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price ofof and accrued interest, and (except if any, on all the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof Junior Subordinated Notes which are to be redeemed on that date. SECTION 1106. JUNIOR SUBORDINATED NOTES PAYABLE ON REDEMPTION DATE. Notice of redemption having been given as aforesaid, other than Securities or portions thereof called for redemption the Junior Subordinated Notes so to be redeemed shall, on that the Redemption Date, become due and payable at the Redemption Price therein specified together with any accrued interest (including any Additional Interest) thereon, and from and after such date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, (unless the Issuers and the Subsidiary Guarantors Company shall default in the payment of the Redemption Price and accrued interest) such Junior Subordinated Notes shall cease to bear interest. Upon surrender of any such Junior Subordinated Note for redemption in accordance with such notice, such Junior Subordinated Note shall be paid by the Company at the Redemption Price, together with accrued interest, if any, and any Additional Interest to the Redemption Date; provided, however, that, except as otherwise provided in a supplemental indenture pursuant to Section 301, installments of interest on Junior Subordinated Notes whose Stated Maturity is on or prior to the Securities Redemption Date shall be payable to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect Junior Subordinated Notes, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to such Securities except for their terms and the right to receive the Redemption Price upon surrender provisions of such SecuritiesSection 305. If any Security Junior Subordinated Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal (and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityJunior Subordinated Note.

Appears in 1 contract

Samples: Sei Trust I

Deposit of Redemption Price. By 11:00 a.m., New York City time, on Prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date. Section 1106. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities or portions thereof called for redemption so to be redeemed shall, on that the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, (unless the Issuers and the Subsidiary Guarantors 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 on to the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date: provided, whether however, that installments of interest whose Stated Maturity is on or not such Securities are presented for payment, and prior to the Redemption Date shall be payable to the Holders of such Securities shall have no further rights with respect Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to such Securities except for their terms and the right to receive the Redemption Price upon surrender provisions of such SecuritiesSection 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal (and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturitySecurity.

Appears in 1 contract

Samples: Hilfiger Tommy Corp

Deposit of Redemption Price. By No later than 11:00 a.m., a.m. New York City time, time on any Redemption Datethe Business Day prior to each redemption date, the Issuers or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers an Issuer or such a Restricted Subsidiary Guarantor is acting as the Paying Agent, shall segregate and hold in trust as provided in Section 2.06trust) an amount of money in same day immediately available funds (denominated in U.S. dollars) sufficient to pay the Redemption Price of, redemption or purchase price of and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities all Notes or portions thereof which are to be redeemed on that date other than Notes or portions of Notes called for redemption that have been delivered by the Issuers to the Registrar for cancellation. On and after the redemption date, other than Securities interest shall cease to accrue on Notes or portions thereof called for redemption on that date which so long as the Issuers have been delivered deposited with the Paying Agent funds sufficient to pay the redemption or purchase price of, plus accrued and unpaid interest and Additional Amounts, if any, on, the Notes to be redeemed pursuant to this Indenture, unless the Paying Agent is prohibited from making such payment pursuant to the terms of this Indenture. For the avoidance of doubt, the Paying Agent and the Trustee shall be held harmless and have no liability with respect to payments or disbursements to be made by the Issuers Paying Agent and Trustee (i) for which payment instructions are not made or a Subsidiary Guarantor that are not otherwise deposited by the respective times set forth in this Section 3.05, and (ii) until they have confirmed receipt of funds sufficient to make the Trustee for cancellationrelevant payment. If the Issuers elect to redeem the Notes or a Subsidiary Guarantor complies with portions thereof and request the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities Trustee to be redeemed will cease distribute to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except the Notes any amounts deposited in trust (which, for the right avoidance of doubt, will include accrued and unpaid interest to receive but excluding the Redemption Price upon surrender of such Securities. If any Security called date fixed for redemption) prior to the date fixed for redemption shall not be so paid upon surrender thereof for redemptionin accordance with Section 8.01, the principal, premium, if any, any Additional Amounts, and, applicable redemption notice will state that Holders of the Notes will receive such amounts deposited in trust prior to the extent lawful, accrued interest thereon shall, until paid, bear interest from date fixed for redemption and the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityrelevant payment date.

Appears in 1 contract

Samples: Indenture (Ferroglobe PLC)

Deposit of Redemption Price. By On or prior to 11:00 a.m., New York City time, on any Redemption Date, the Issuers Company or a the Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers Company or such the Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers Company or a the Subsidiary Guarantor to the Trustee for cancellation. If the Issuers Company or a the Subsidiary Guarantor complies with the preceding paragraph, then, unless the Issuers and Company or the Subsidiary Guarantors default Guarantor defaults in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity.

Appears in 1 contract

Samples: Carrizo Oil & Gas Inc

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, which it may not do in the case of a sinking fund payment under Article XII, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds the Currency in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for the Securities of such series and except, if applicable, as provided in Sections 312(b), 312(d) and 312(e)) sufficient to pay on the Redemption Date the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date. Section 1106 Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities or portions thereof called so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified in the Currency in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Securities of such series and except, if applicable, as provided in Sections 312(b), 312(d) and 312(e)) (together with accrued interest, if any, to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraphRedemption Date), then, and from and after such date (unless the Issuers and the Subsidiary Guarantors Company shall default in the payment of the Redemption Price and accrued interest, if any) such Securities shall if the same were interest-bearing cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Security for redemption in accordance with said notice, together with all coupons, if any, appertaining thereto maturing after the Redemption Date, such Security shall be paid by the Company at the Redemption Price, together with accrued interest, if any, to the Redemption Date; provided, however, that installments of interest on Bearer Securities whose Stated Maturity is on or prior to the Securities to Redemption Date shall be redeemed will cease to accrue on payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and after the applicable Redemption Date, whether or not surrender of coupons for such Securities are presented for paymentinterest, and provided further that installments of interest on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Securities Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Regular Record Dates according to their terms and the provisions of Section 307. If any Bearer Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Security shall surrender to the Trustee or any Paying Agent any such missing coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted; provided, however, that interest or Additional Amounts represented by coupons shall be payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and surrender of such Securitiesthose coupons. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon Redemption Price shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided of interest set forth in the Securities such Security or, in the case of an Original Issue Discount SecuritiesSecurity, at the Yield to Maturity of such Securities’ yield to maturitySecurity.

Appears in 1 contract

Samples: Indenture (Deere & Co)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on any On the Business Day immediately prior to the Redemption Date, the Issuers or a Subsidiary Guarantor shall deposit with the Trustee or with the Paying Agent immediately available funds sufficient to pay the redemption price of and accrued and unpaid Interest (and Liquidated Damages, if any) on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Issuers any money deposited with the Trustee or the Paying Agent (or, if either by the Issuers in excess of the Issuers or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient amounts necessary to pay the Redemption Price redemption price of, and accrued and unpaid Interest (except and Liquidated Damages, if the Redemption Date shall be an Interest Payment Dateany) accrued interest on and any Additional Amounts with respect toon, the Securities or portions thereof which are all Notes to be redeemed on that date, other than Securities or portions thereof called for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellationredeemed. If the Issuers or a Subsidiary Guarantor complies comply with the provisions of the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for paymentthe Accreted Value shall cease to increase, and Interest (and Liquidated Damages, if any) shall cease to accrue, on the Holders Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an Interest Record Date but on or prior to the related Interest Payment Date, then any accrued and unpaid Interest (and Liquidated Damages, if any) shall be paid to the Person in whose name such Securities shall have no further rights with respect to Note was registered at the close of business on such Securities except for the right to receive the Redemption Price upon surrender of such SecuritiesInterest Record Date. If any Security Note called for redemption shall not be so paid upon surrender thereof for redemptionredemption because of the failure of the Issuers to comply with the preceding paragraph, Interest shall be paid on the principal, unpaid Accreted Value and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date until such Accreted Value and premium, if any, is paid, and to the extent lawful on any Interest not paid on such unpaid Accreted Value and premium, if any, in each case at the rate specified pursuant to Section 2.01 or rate, and as provided in the Securities orNotes and in Section 4.1 hereof. If the Redemption Date hereunder is on or after an Interest Record Date on which the Holders of record have a right to receive the corresponding Interest due and Liquidated Damages, if any, and on or before the associated Interest Payment Date, any accrued and unpaid Interest (and Liquidated Damages, if any) due on such Interest Payment Date shall be paid to the Person in whose name a Note is registered at the case close of Original Issue Discount Securities, business on such Securities’ yield to maturityInterest Record Date.

Appears in 1 contract

Samples: Indenture (Oasis Interval Ownership, LLC)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate aggregate and hold in trust as provided in Section 2.061003) an amount of money and/or, to the extent the Debt Securities to be redeemed are denominated and payable in same day funds Dollars only, Eligible Instruments the payments of principal and interest on which when due (and without reinvestment and providing no tax liability will be imposed upon the Trustee or the Holders of the Debt Securities to be redeemed) will provide money on or prior to the Redemption Date in such amounts as will (together with any money irrevocably deposited in trust with the Trustee, without investment) be sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Debt Securities or portions thereof which are to be redeemed on that date; provided, other than however, that deposits with respect to Bearer Securities shall be made with a Paying Agent or portions thereof called for redemption on that date which have been delivered by Paying Agents located outside the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, thenUnited States except as otherwise provided in Section 1002, unless otherwise specified as contemplated by Section 301. SECTION 1106. Debt Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Issuers Debt Securities to be redeemed shall, on the Redemption Date, become due and payable at the Subsidiary Guarantors 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 Debt Securities shall cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Debt Security for redemption in accordance with said notice, such If any Bearer Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Bearer Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Bearer Security shall surrender to the Trustee or any Paying Agent any such missing coupon in respect of which a deduction shall have been made from the Redemption Price, interest on the Securities to such Holder shall be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right entitled to receive the Redemption Price amount so deducted without interest thereon; provided, however, that interest represented by coupons shall be payable only upon presentation and surrender of such Securitiesthose coupons at an office or agency located outside of the United States except as otherwise provided in Section 1002. If any Debt Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal (and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityDebt Security.

Appears in 1 contract

Samples: Star Banc Corp /Oh/

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money and/or, to the extent such Debt Securities to be redeemed are denominated and payable in same day funds Dollars only, Eligible Instruments the payments of principal and interest on which when due (and without reinvestment and providing no tax liability will be imposed upon the Trustee or the Holders of the Debt Securities to be redeemed) will provide money on or prior to the Redemption Date in such amounts as will (together with any money irrevocably deposited in trust with the Trustee, without investment) be sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Debt Securities or portions thereof which are to be redeemed on that date; provided, other than however, that deposits with respect to Bearer Securities shall be made with a Paying Agent or portions thereof called for redemption on that date which have been delivered by Paying Agents located outside the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, thenUnited States except as otherwise provided in Section 1002, unless otherwise specified as contemplated by Section 301. SECTION 1106. Debt Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Issuers Debt Securities so to be redeemed shall, on the Redemption Date, become due and payable at the Subsidiary Guarantors 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 Debt Securities shall cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Debt Security for redemption in accordance with said notice, such Debt Security shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date; provided however, that installments of interest on Bearer Securities whose Stated Maturity is on or prior to the Securities to Redemption Date shall be redeemed will cease to accrue on payable only upon presentation and after surrender of coupons for such interest (at an office or agency located outside the applicable Redemption Date, whether or not such Securities are presented for paymentUnited States except as otherwise provided in Section 1002), and provided further, that installments of interest on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Securities Debt Securities, or one or more Predecessor Securities, registered as such on the relevant Record Dates according to their terms and the provisions of Section 307. If any Bearer Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Bearer Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Bearer Security shall surrender to the Trustee or any Paying Agent any such missing coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted without interest thereon; provided, however, that interest represented by coupons shall be payable only upon presentation and surrender of such Securitiesthose coupons at an office or agency located outside of the United States except as otherwise provided in Section 1002. If any Debt Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, principal (and premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon ) shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided prescribed therefor in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityDebt Security.

Appears in 1 contract

Samples: Indenture (Bankamerica Corp/De/)

Deposit of Redemption Price. By 11:00 a.m.On or before 12:00 noon, New York City time, Eastern time on the Business Day immediately preceding any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or with the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date. Section 907. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities or portions thereof called for redemption so to be redeemed shall, on that the Redemption Date, become due and payable at the Redemption Price therein specified and from and after such date which have been delivered by the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraph, then, (unless the Issuers and the Subsidiary Guarantors Company shall default in the payment of the Redemption Price and accrued interest) such Redemption Price, interest on the Securities to be redeemed will shall cease to accrue on and after bear interest. Upon surrender of any such Security for redemption in accordance with said notice, such Security shall be paid by the applicable Company at the Redemption Price together with accrued interest to the Redemption Date; provided, whether however, that installments of interest whose Stated Maturity is on or not such Securities are presented for payment, and prior to the Redemption Date shall be payable to the Holders of such Securities shall have no further rights with respect Securities, or one or more Predecessor Securities, registered as such on the relevant Regular Record Dates according to such Securities except for the right to receive terms and the Redemption Price upon surrender provisions of such SecuritiesSection 307. If any Security called for redemption shall not be so paid upon surrender thereof for redemptionon any Redemption Date, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued principal and interest thereon then due in respect thereof shall, until paid, bear interest from the Redemption Date at the rate specified in Section 503. Section 908. Securities Redeemed in Part. Any Security which is to be redeemed only in part shall be surrendered at the office or agency of the Company maintained for such purpose pursuant to Section 2.01 402 (with, if the Company, the Security Registrar or provided the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Securities orCompany, the Security Registrar or the Trustee duly executed by, the Holder thereof or its attorney duly authorized in writing), and the case Company shall execute, and the Trustee shall authenticate and deliver to the Holder of Original Issue Discount such Security without service charge, a new Security or Securities, of any authorized denomination as requested by such Securities’ yield Holder in aggregate principal amount equal to maturityand in exchange for the unredeemed portion of the principal of the Security so surrendered.

Appears in 1 contract

Samples: Senior Secured Note Indenture (SLM International Inc /De)

Deposit of Redemption Price. By 11:00 a.m.On or prior to 10:00 am, New York City time, on any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, which it may not do in the case of a sinking fund payment under Article Twelve, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds the Currency in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for the Securities of such series and except, if applicable, as provided in Sections 312(b), 312(d) and 312(e)) sufficient to pay on the Redemption Date the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Dateunless otherwise specified pursuant to Section 301) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date. SECTION 1106. Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities or portions thereof called so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified in the Currency in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Securities of such series and except, if applicable, as provided in Sections 312(b), 312(d) and 312(e)) (together with accrued interest, if any, to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraphRedemption Date), then, and from and after such date (unless the Issuers and the Subsidiary Guarantors Company shall default in the payment of the Redemption Price and accrued interest, if any) such Securities shall if the same were interest-bearing cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Security for redemption in accordance with said notice, together with all coupons, if any, appertaining thereto maturing after the Redemption Date, such Security shall be paid by the Company at the Redemption Price, together with accrued interest, if any, to the Redemption Date; provided, however, that installments of cash interest on Bearer Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and surrender of coupons for such interest; and provided further that, unless otherwise specified as contemplated by Section 301, installments of interest on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be redeemed will cease payable to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities 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 Bearer Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Security shall surrender to the Trustee or any Paying Agent any such missing coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted; provided, however, that interest represented by coupons shall be payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and surrender of such Securitiesthose coupons. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon Redemption Price shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided of interest set forth in the Securities such Security or, in the case of an Original Issue Discount SecuritiesSecurity, at the Yield to Maturity of such Securities’ yield to maturitySecurity.

Appears in 1 contract

Samples: Indenture (Medley Capital Corp)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on any Redemption Date, the Issuers or a Subsidiary Guarantor If notice of redemption shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust have been given as provided in Section 2.06) an amount of money in same day funds sufficient to pay the Redemption Price of3.02, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the such Securities or portions of Securities shall, unless theretofore converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place stated in such notice at the applicable Redemption Price and premium, if any, together with accrued and unpaid interest to the date fixed for redemption, and on and after such date fixed for redemption, unless the Company shall default in the payment of the Redemption Price, interest on the Securities so called for redemption shall cease to accrue. Moneys in the amount necessary for each redemption referred to in Section 3.01 shall be deposited with the Paying Agent by the Company on or prior to the date fixed for redemption. On presentation and surrender of such Securities at the place of payment specified in such notice, such Securities or the specified portions thereof which are shall (subject to the provisions of Article Four) be paid and redeemed at the applicable Redemption Price, together with accrued and unpaid interest thereon to the date fixed for redemption. Installments of interest whose stated maturity is on or prior to the date fixed for redemption shall continue to be payable to the Holders of such Securities on the relevant regular or special record dates according to their terms and the provisions of Section 2.03 of this Indenture. Upon presentation of any Security redeemed on that datein part only, other than the Company shall execute and the Trustee upon receipt of an Officers' Certificate (Section 2.02) shall authenticate and deliver, at the expense of the Company, a new Security or Securities of authorized denominations in aggregate principal amount equal to the unredeemed portion of the Security so presented. The Company's obligation to deposit with the Paying Agent moneys in the amount necessary for the redemption of particular Securities or portions thereof called for redemption on that date shall be reduced automatically by the amount of such moneys attributable to any of such called Securities or portions thereof which shall have been delivered by the Issuers or a Subsidiary Guarantor converted prior to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies date such moneys are required to be deposited with the preceding paragraph, then, unless Paying Agent. Any moneys which shall have been deposited with the Issuers Paying Agent for redemption of Securities and the Subsidiary Guarantors default in the payment which are not required for that purpose by reason of such Redemption Price, interest on the Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders conversion of such Securities shall have no further rights with respect be repaid to such Securities except for the right Company. The Paying Agent may in each case require evidence reasonably satisfactory to receive the Redemption Price upon surrender it of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityconversion.

Appears in 1 contract

Samples: Trans Lux Corp

Deposit of Redemption Price. By 11:00 a.m., New York City timeIn the case of a redemption pursuant to Section 3.1, on any or before the Redemption Date, the Issuers or a Subsidiary Guarantor shall deposit with the Trustee or the Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor is acting as the Paying Agent, segregate and hold in trust as provided in Section 2.06) an amount of immediately available funds money in same day funds sufficient to pay the Redemption Price of, redemption price of and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are all Notes to be redeemed on that date. The Paying Agent shall return to the Issuers any of such money not required for such purpose. All money earned on funds held in trust by the Paying Agent for payment pursuant to this Article III shall be remitted to the Issuers. In the case of a redemption pursuant to Section 3.2, other than Securities on or before the Redemption Date, (i) the Trustee shall, to the extent it receives money from the Collateral Agent pursuant to such Section 3.2, deposit with the Paying Agent in immediately available funds an amount sufficient to pay the redemption price of all Notes or portions thereof called for redemption to be redeemed on that date which have been delivered by and (ii) the Issuers or a Subsidiary Guarantor to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies shall deposit with the preceding paragraph, then, unless Paying Agent in immediately available funds money sufficient to pay the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Price, accrued interest on the Securities all Notes or portions thereof to be redeemed will cease on that date. The Paying Agent shall return to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders Collateral Agent any of such Securities money not required for such purpose. All money earned on funds held in trust by the Paying Agent for payment pursuant to this Article III shall have no further rights with respect be remitted to such Securities except the Collateral Agent and held as Trust Moneys for later redemption of the right Notes pursuant to receive the Redemption Price upon surrender of such SecuritiesSection 3.2. If any Security called Note surrendered for redemption in the manner provided in the Notes shall not be so paid upon surrender thereof for redemptionon the Redemption Date due to the failure of the Issuers or the Trustee to deposit sufficient funds with the Paying Agent, interest will continue to accrue from the principal, premium, if any, any Additional Amounts, Redemption Date until such payment is made on the unpaid principal and, to the extent lawful, accrued on any interest thereon shallnot paid on such unpaid principal, until paid, bear interest from the Redemption Date in each case at the rate specified pursuant to Section 2.01 or date and in the manner provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityNotes.

Appears in 1 contract

Samples: Blue Steel Capital Corp

Deposit of Redemption Price. By 11:00 a.m., New York City time, on On or prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, which it may not do in the case of a sinking fund payment under Article Twelve, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds the Currency in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for the Securities of such series and except, if applicable, as provided in Sections 312(b), 312(d) and 312(e)) sufficient to pay on the Redemption Date the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Dateunless otherwise specified pursuant to Section 301) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date. SECTION 1106 Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities or portions thereof called of any series so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified in the Currency in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Securities of such series and except, if applicable, as provided in Sections 312(b), 312(d) and 312(e)) (together with accrued interest, if any, to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraphRedemption Date), then, and from and after such date (unless the Issuers and the Subsidiary Guarantors Company shall default in the payment of the Redemption Price and accrued interest, if any) such Securities shall if the same were interest-bearing cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Security for redemption in accordance with said notice, together with all coupons, if any, appertaining thereto maturing after the Redemption Date, such Security shall be paid by the Company at the Redemption Price, together with accrued interest, if any, to the Redemption Date; provided, however, that installments of interest on Bearer Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable only at an office or 74 82 agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and surrender of coupons for such interest; and provided further that installments of interest on Registered Securities whose Stated Maturity is prior to (or, if specified pursuant to Section 301, on) the Redemption Date shall be redeemed will cease payable to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities 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 Bearer Security surrendered for redemption shall not be accompanied by all appurtenant coupons maturing after the Redemption Date, such Security may be paid after deducting from the Redemption Price an amount equal to the face amount of all such missing coupons, or the surrender of such missing coupon or coupons may be waived by the Company and the Trustee if there be furnished to them such security or indemnity as they may require to save each of them and any Paying Agent harmless. If thereafter the Holder of such Security shall surrender to the Trustee or any Paying Agent any such missing coupon in respect of which a deduction shall have no further rights with respect to been made from the Redemption Price, such Securities except for the right Holder shall be entitled to receive the Redemption Price amount so deducted; provided, however, that interest represented by coupons shall be payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and surrender of such Securitiesthose coupons. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon Redemption Price shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided of interest set forth in the Securities such Security or, in the case of an Original Issue Discount SecuritiesSecurity, at the Yield to Maturity of such Securities’ yield Security. SECTION 1107 Securities Redeemed in Part. Any Registered Security which is to maturitybe redeemed only in part (pursuant to the provisions of this Article or of Article Twelve) shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing) and the Company shall execute and the Trustee shall authenticate and deliver to the Holder of such Security without service charge a new Security or Securities of the same series, of any authorized denomination as requested by such Holder in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Security so surrendered. However, if less than all the Securities of any series with differing issue dates, interest rates and stated maturities are to be redeemed, the Company in its sole discretion shall select the particular Securities to be redeemed and shall notify the Trustee in writing thereof at least 45 days prior to the relevant redemption date.

Appears in 1 contract

Samples: Quest Diagnostics Clinical Laboratories Inc /De/

Deposit of Redemption Price. By 11:00 a.m.Except as otherwise established in or pursuant to a Board Resolution or an Officer’s Certificate or in another manner specified as contemplated by Section 2.01 for such Securities, on or prior to Noon, New York City time, on any Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the with a Paying Agent (or, if either of the Issuers Company or such a Subsidiary Guarantor is acting as the Paying Agent, shall segregate and hold in trust as provided in Section 2.06trust) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment DateDate or the Securities of the series provide otherwise) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which that are to be redeemed on that date, other than Securities or portions thereof of Securities called for redemption on that date which are owned by the Company or a Subsidiary and have been delivered by the Issuers Company or a such Subsidiary Guarantor to the Trustee for cancellation. If All money, if any, earned on funds held by the Issuers or a Subsidiary Guarantor complies Paying Agent shall be remitted to the Company. In addition, the Paying Agent shall promptly return to the Company any money deposited with the preceding paragraphPaying Agent by the Company in excess of the amounts necessary to pay the Redemption Price of, thenand accrued interest, unless the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Priceif any, interest on the on, all Securities to be redeemed will cease to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securitiesredeemed. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, is converted into shares of common stock or other securities of the principal, premium, if anyCompany in compliance with the terms of such Security, any Additional Amounts, and, money deposited with the Trustee or with any Paying Agent or so segregated and held in trust for the redemption of such Security shall (subject to any right of the extent lawful, accrued Holder of such Security to receive interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or as provided in the Securities terms of such Security) be paid to the Company upon Company Request or, in if then held by the case of Original Issue Discount SecuritiesCompany, shall be discharged from such Securities’ yield to maturitytrust.

Appears in 1 contract

Samples: Indenture (Laboratory Corp of America Holdings)

Deposit of Redemption Price. By 11:00 a.m., New York City time, on At least one Business Day prior to any Redemption Date, the Issuers or a Subsidiary Guarantor Date tie Company shall deposit with wati the Trustee or the wati a Paying Agent (or, if either of the Issuers or such Subsidiary Guarantor Company is acting as the its own Paying Agent, segregate and hold in trust as provided in Section 2.061003) an amount of money in same day funds the currency or currencies, currency unit or units or composite currency or currencies in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for the Securities of such series) sufficient to pay on the Redemption Date tie Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect toon, all the Securities or portions thereof which are to be redeemed on that date. Section 1106 Securities Payable on Redemption Date. Notice of redemption having been given as aforesaid, other than the Securities so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified in the currency or portions thereof called currencies, currency unit or units or composite currency or currencies in which the Securities of such series are payable (except as otherwise specified pursuant to Section 301 for redemption on that date which have been delivered by the Issuers or a Subsidiary Guarantor Securities of such series) (together wati accrued interest, if any, to the Trustee for cancellation. If the Issuers or a Subsidiary Guarantor complies with the preceding paragraphRedemption Date), then, and from and after such date (unless the Issuers and the Subsidiary Guarantors tie Company shall default in the payment of the Redemption Price and accrued interest) such Securities shall, if the same were interest-bearing, cease to bear interest and the coupons for such interest appertaining to any Bearer Securities so to be redeemed, except to the extent provided below, shall be void. Upon surrender of any such Security for redemption in accordance wati said notice, together wati all coupons, if any, appertaining tiereto maturing after the Redemption Date, such Security shall be paid by the Company at the Redemption Price, together wati accrued interest, if any, to the Redemption Date; provided, however, that installments of interest on Bearer Securities whose Stated Maturity is on or prior to the Redemption Date shall be payable only at an office or agency located outside the United States (except as otherwise provided in Section 1002) and, unless otherwise specified as contemplated by Section 301, only upon presentation and surrender of coupons for such interest; and provided further that, installments of interest on Registered Securities whose Stated Maturity is on or prior to the Redemption Date shall be redeemed will cease payable to accrue on and after the applicable Redemption Date, whether or not such Securities are presented for payment, and the Holders of such Securities shall have no further rights with respect to Securities, or one or more Predecessor Securities, registered as such Securities except for the right to receive the Redemption Price upon surrender of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant close of business on the relevant Record Dates according to their terms and the provisions of Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturity307.

Appears in 1 contract

Samples: Indenture (Frontier Corp /Ny/)

Deposit of Redemption Price. By 11:00 a.m.Except as provided in the next paragraph, New York City time, on any Redemption Dateone Business Day prior to the redemption date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or with the Paying Agent money sufficient to pay the redemption price of and accrued and unpaid interest on all Notes to be redeemed on that date. The Trustee or the Paying Agent shall promptly return to the Company any money deposited with the Trustee or the Paying Agent (or, if either by the Company in excess of the Issuers amounts necessary to pay the redemption price of, and accrued and unpaid interest on, all Notes to be redeemed. In the event of a sale or such Subsidiary Guarantor is acting other disposition by the Company or any of its Subsidiaries, as the case may be, of the Pledged CooperSurgical Securities, the Substituted Joint Venture Interests or all or substantially all of the assets of CooperSurgical pursuant to Section 11.03(a)(ii)(A) hereof, or a pledge by the Company of the Pledged CooperSurgical Securities or the Substituted Joint Venture Interests or the incurrence by the Company or its Subsidiaries of Indebtedness secured by all or substantially all of the assets of CooperSurgical pursuant to Section 11.03(a)(iii)(A) hereof, on or prior to the date of the sale or other disposition or pledge or incurrence of Indebtedness, the Company shall deposit with the Trustee or with the Paying AgentAgent an amount equal to the greater of $5,000,000 or one-third of the Net Proceeds from the sale or other disposition, in the case of a sale or other disposition of the Pledged CooperSurgical Securities,the Substituted Joint Venture Interests or all or substantially all of the assets of CooperSurgical pursuant to Section 11.03(a)(ii)(A) hereof, or $5,000,000, in the case of a pledge of the Pledged CooperSurgical Securities or the Substituted Joint Venture Interests or the incurrence by the Company or its Subsidiaries of Indebtedness secured by all or substantially all of the assets of CooperSurgical pursuant to Section 11.03(a)(iii)(A) hereof, in each case minus the aggregate principal amount of Notes previously or concurrently purchased or redeemed by the Company and delivered to the Trustee for cancellation. The Trustee or the Paying Agent shall segregate and hold in trust as provided a separate account (the 'Note Purchase Account') any money so deposited and invest such money at the direction of the Company in Cash Equivalents. The Trustee or the Paying Agent shall from time to time during the Purchase Period release money from the Note Purchase Account to the Company upon delivery by the Company to the Trustee or the Paying Agent of an Officers' Certificate certifying that such money will be used to purchase Notes in market, privately negotiated or other transactions contemplated by Section 2.06) 3.08 hereof. The Company shall make an amount appropriate public announcement prior to making any such purchases. Any money remaining in the Note Purchase Account at the end of the Purchase Period, including earnings on the investments thereof, shall be used by the Trustee to redeem Notes on the redemption date in accordance with, but only to the extent required under, Section 3.08 hereof, after giving effect to all purchases and redemptions of Notes through the expiration of the Purchase Period. One Business Day prior to the redemption date pursuant to Section 3.08 hereof, the Company, to the extent of any shortfall in the Note Purchase Account, shall deposit with the Trustee or with the Paying Agent money in same day funds sufficient to pay the Redemption Price of, redemption price of and (except if the Redemption Date shall be an Interest Payment Date) accrued and unpaid interest on and any Additional Amounts with respect to, the Securities or portions thereof which are all Notes to be redeemed on that date, other than Securities . The Trustee or portions thereof called for redemption on that date which have been delivered Paying Agent shall promptly return to the Company any money deposited with the Trustee or the Paying Agent by the Issuers or a Subsidiary Guarantor to Company, including earnings, if any, on such investments made by the Trustee for cancellation. If or the Issuers or a Subsidiary Guarantor complies with Paying Agent, in excess of the preceding paragraphamounts necessary to pay the redemption price of, thenand accrued and unpaid interest on, unless the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Price, interest on the Securities all Notes to be redeemed will pursuant to Section 3.08 hereof. On and after the redemption date, interest shall cease to accrue on the Notes or the portions of Notes called for redemption. If a Note is redeemed on or after an interest record date but on or prior to the related interest payment date, then any accrued and after unpaid interest shall be paid to the applicable Redemption Date, whether or not Person in whose name such Securities are presented for payment, and Note was registered at the Holders close of business on such Securities shall have no further rights with respect to such Securities except for the right to receive the Redemption Price upon surrender of such Securitiesrecord date. If any Security Note called for redemption shall not be so paid upon surrender thereof for redemptionredemption because of the failure of the Company to comply with either of the preceding two paragraphs, interest shall be paid on the unpaid principal, premiumfrom the redemption date until such principal is paid, if any, any Additional Amounts, and, and to the extent lawfullawful on any interest not paid on such unpaid principal, accrued interest thereon shall, until paid, bear interest from the Redemption Date in each case at the rate specified pursuant to Section 2.01 or provided in the Securities or, Notes and in the case of Original Issue Discount Securities, such Securities’ yield to maturitySection 4.01 hereof.

Appears in 1 contract

Samples: Rights Agreement

Deposit of Redemption Price. By Prior to 11:00 a.m., a.m. (New York City time, ) on any the Redemption Date, the Issuers or a Subsidiary Guarantor Company shall deposit with the Trustee or the Paying Agent (or, or if either of the Issuers Company or such a Subsidiary Guarantor thereof is acting as the Paying Agent, shall segregate and hold in trust as provided in Section 2.06trust) an amount of money in same day funds sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on and any Additional Amounts with respect to, the Securities or portions thereof which are of all Notes to be redeemed on that date, date other than Securities Notes or portions thereof of Notes called for redemption that on that date which or prior thereto have been delivered by the Issuers or a Subsidiary Guarantor Company to the Trustee for cancellationcancellation or have been converted. Subject to receipt of funds and/or Notes by the Paying Agent, payment for Notes surrendered for redemption will be made promptly after the later of (x) the Redemption Date with respect to such Note and (y) the time of delivery of such Note to the Paying Agent by the holder thereof, by mailing checks for the amount payable to the holders of such Notes entitled thereto as they shall appear in the Note Register; provided, however, that payments to the Depositary shall be made by wire transfer of immediately available funds to the account of the Depositary or its nominee. The Paying Agent shall as promptly as practicable return to the Company any money not required to redeem the Notes because of conversion of Notes pursuant to Section 15.01. If such money is then held by the Company in trust and is not required for such purpose it shall be discharged from such trust. If the Issuers Trustee (or a Subsidiary Guarantor complies with other Paying Agent appointed by the preceding paragraph, then, unless the Issuers and the Subsidiary Guarantors default in the payment of such Redemption Price, interest Company) holds money sufficient to redeem on the Securities Redemption Date all the Notes or portions thereof that are to be redeemed as of the Redemption Date, then on and after the Redemption Date (i) such Notes will cease to be outstanding, (ii) interest, including Additional Interest, if any, will cease to accrue on such Notes, and after (iii) all other rights of the applicable Redemption Date, holders of such Notes will terminate (whether or not such Securities are presented for payment, and book-entry transfer of the Holders of such Securities shall Notes has been made or the Notes have no further rights with respect been delivered to such Securities except for the Trustee or Paying Agent) other than the right to receive the Redemption Price upon surrender delivery of such Securities. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal, premium, if any, any Additional Amounts, and, to the extent lawful, accrued interest thereon shall, until paid, bear interest from the Redemption Date at the rate specified pursuant to Section 2.01 or provided in the Securities or, in the case of Original Issue Discount Securities, such Securities’ yield to maturityNotes.

Appears in 1 contract

Samples: Albany International Corp /De/

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