Common use of Notes Payable on Redemption Date Clause in Contracts

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in Section 6.5(b), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price therein specified, and from and after such date (unless there shall be a default in the payment of the Redemption Price), such Notes shall cease to bear interest. Upon surrender of such Notes for redemption in accordance with such notice, such Notes shall be paid at the Redemption Price, exclusive, however, of installments of interest maturing on or prior to the Redemption Date payment of which shall have been made or duly provided for to the Noteholders registered as such on the relevant Record Dates, or otherwise, according to the terms and the provisions of Section 2.8. Except as provided in Section 6.5(b), if any Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Note, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest shall, until paid, continue to bear interest from the Redemption Date at the rate borne by the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor).

Appears in 2 contracts

Sources: Trust Indenture and Security Agreement (Royal Ahold), Trust Indenture and Security Agreement (Royal Ahold)

Notes Payable on Redemption Date. (a) Notice of redemption pursuant to Section 9.4 having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in subject to Section 6.5(b9.4(e) and the Issuer’s right to withdraw any notice of redemption pursuant to Section 9.4(c), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price Prices therein specified, and from and after such date the Redemption Date (unless there the Issuer shall be a default in the payment of the Redemption Price), Prices and accrued interest) all such Notes that are Notes shall cease to bear interestinterest on the Redemption Date. Upon final payment on a Note to be so redeemed, the Holder shall present and surrender such Note at the place specified in the notice of redemption on or prior to such Notes for redemption Redemption Date; provided that if there is delivered to the Issuer and the Trustee such security or indemnity as may be required by them to save such party harmless and an undertaking thereafter to surrender such Note, then, in accordance with such noticethe absence of notice to the Issuer or the Trustee that the applicable Note has been acquired by a protected purchaser, such Notes final payment shall be paid at the Redemption Price, exclusive, however, of installments made without presentation or surrender. Payments of interest maturing on Notes so to be redeemed which are payable on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holders of such Notes, or one or more predecessor Notes, registered as such at the close of business on the relevant Record Dates, or otherwise, Date according to the terms and the provisions of Section 2.8. Except as provided in Section 6.5(b), if any Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Note, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest shall, until paid, continue to bear interest from the Redemption Date at the rate borne by the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor2.7(e).

Appears in 2 contracts

Sources: Indenture (Golub Capital Investment Corp), Indenture (Golub Capital BDC, Inc.)

Notes Payable on Redemption Date. (a) Notice of redemption pursuant to Section 9.4 having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in subject to Section 6.5(b9.4(c) and the Co-Issuers' right to withdraw any notice of redemption pursuant to Section 9.4(b), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price Prices therein specified, and from and after such date the Redemption Date (unless there the Issuer shall be a default in the payment of the Redemption Price), Prices and accrued interest) all such Notes shall cease to bear interestinterest on the Redemption Date. Upon final payment on a Note to be so redeemed, the Holder shall present and surrender such Note at the place specified in the notice of redemption on or prior to such Notes for redemption Redemption Date; provided that in accordance with such noticethe absence of notice to the Applicable Issuers or the Trustee that the applicable Note has been acquired by a protected purchaser, such Notes final payment shall be paid at made without presentation or surrender, if the Redemption Price, exclusive, however, Trustee and the Applicable Issuers shall have been furnished such security or indemnity as may be required by them to save each of installments them harmless and an undertaking thereafter to surrender such certificate. Payments of interest maturing on Notes so to be redeemed which are payable on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holders of such Notes, or one or more predecessor Notes, registered as such at the close of business on the relevant Record Dates, or otherwise, Date according to the terms and the provisions of Section 2.8. Except as provided in Section 6.5(b), if any Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Note, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest shall, until paid, continue to bear interest from the Redemption Date at the rate borne by the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor2.7(f).

Appears in 1 contract

Sources: Indenture (JMP Group Inc.)

Notes Payable on Redemption Date. (a) Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in Section 6.5(b), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price therein specified, and from and after such date (unless there the Company shall be a default in the payment of the Redemption Price), Price and accrued interest) such Notes shall cease to bear interest. Upon surrender of any such Notes Note for redemption in accordance with such said notice, such Notes Note shall be paid by the Company at the Redemption Price, exclusivetogether with any accrued interest to the Redemption Date; provided, however, of that installments of interest maturing on Notes whose Stated Maturity is on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holders of such Notes, or one or more Predecessor Notes, registered as such at the close of business on the relevant Regular Record Dates, or otherwise, Dates therefor according to the their terms and the provisions of Section 2.8. Except as provided in Section 6.5(b), if 307. (b) If any Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Noteredemption, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest shallprincipal, until paid, continue to shall bear interest from the Redemption Date at the rate borne by the Note in respect of overdue payments (and prescribed therefor in the absence thereof, at the contract rate therefor)Note.

Appears in 1 contract

Sources: Indenture (Commercial Federal Corp)

Notes Payable on Redemption Date. Notice of redemption pursuant to Section 9.4 having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in subject to Section 6.5(b9.4(e) and the Issuer’s right or obligation to withdraw any notice of redemption pursuant to Section 9.4(c), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price Prices therein specified, and from and after such date the Redemption Date (unless there the Issuer shall be a default in the payment of the Redemption Price), Prices and accrued interest) all such Notes that are Notes shall cease to bear interestinterest on the Redemption Date. Upon final payment on a Note to be so redeemed, the Holder shall present and surrender such Note at the place specified in the notice of redemption on or prior to such Notes for redemption Redemption Date; provided that if there is delivered to the Issuer and the Trustee such security or indemnity as may be required by them to save such party harmless and an undertaking thereafter to surrender such Note, then, in accordance with such noticethe absence of notice to the Issuer or the Trustee that the applicable Note has been acquired by a protected purchaser, such Notes final payment shall be paid at the Redemption Price, exclusive, however, of installments made without presentation or surrender. Payments of interest maturing on Notes so to be redeemed which are payable on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holders of such Notes, or one or more predecessor Notes, registered as such at the close of business on the relevant Record Dates, or otherwise, Date according to the terms and the provisions of Section 2.8. Except as provided in Section 6.5(b), if any Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Note, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest shall, until paid, continue to bear interest from the Redemption Date at the rate borne by the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor2.7(e).

Appears in 1 contract

Sources: Indenture (NewStar Financial, Inc.)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in Section 6.5(b), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price therein specified, and from and after such date (unless there the Company shall be a default in the payment of the Redemption Price), ) such Notes shall cease to bear interest. Upon surrender of any such Notes Note for redemption in accordance with such said notice, such Notes Note shall be paid by the Company at the Redemption Price, exclusiveand such Notes shall be cancelled by the Trustee; provided, however, of that installments of interest maturing whose Stated Maturity is on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holders of such Notes or one or more predecessor Notes registered as such at the close of business on the relevant Regular Record Dates, or otherwise, Date according to the their terms and the provisions of Section 2.83.07. Except as provided in Section 6.5(b), if If any Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Noteredemption, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest shall, until paid, continue to bear interest from the Redemption Date at the rate borne by the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor)Notes.

Appears in 1 contract

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

Notes Payable on Redemption Date. Notice of redemption pursuant to Section 9.4 having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in subject to Section 6.5(b9.4(e) and the Issuer’s right to withdraw any notice of redemption pursuant to Section 9.4(c), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price Prices therein specified, and from and after such date the Redemption Date (unless there the Issuer shall be a default in the payment of the Redemption Price), Prices and accrued interest) all such Notes shall cease to bear interestinterest on the Redemption Date. Upon final payment on a Note to be so redeemed, the Holder shall present and surrender such Note at the place specified in the notice of redemption on or prior to such Notes for redemption Redemption Date; provided that if there is delivered to the Issuer and the Trustee such security or indemnity as may be required by them to save such party harmless and an undertaking thereafter to surrender such Note, then, in accordance with such noticethe absence of notice to the Issuer or the Trustee that the applicable Note has been acquired by a protected purchaser, such Notes final payment shall be paid at the Redemption Price, exclusive, however, of installments made without presentation or surrender. Payments of interest maturing on Notes to be so redeemed which are payable on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holders of such Notes, or one or more predecessor Notes, registered as such at the close of business on the relevant Record Dates, or otherwise, Date according to the terms and the provisions of Section 2.8. Except as provided in Section 6.5(b), if any Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Note, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest shall, until paid, continue to bear interest from the Redemption Date at the rate borne by the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor2.8(e).

Appears in 1 contract

Sources: First Supplemental Indenture (Owl Rock Capital Corp)

Notes Payable on Redemption Date. (a) Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in Section 6.5(b)redemption date, become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price redemption price therein specified, specified and from and after such date (unless there the Issuer shall be a default in the payment of the Redemption Price), redemption price) such Notes shall cease to bear interest. Upon surrender presentation of any such Notes Note for redemption, or compliance with the requirements of the Securities Depository with respect to redemption in part, in accordance with said notice such notice, such Notes Note shall be paid by the Issuer at the Redemption Price, exclusive, however, of installments redemption price. Installments of interest maturing due on or prior to the Redemption Date payment of which redemption date shall have been made or duly provided for be payable to the Noteholders Holders of the Notes registered as such on the relevant Record Dates, or otherwise, Dates according to the terms of such Notes and the provisions of Section 2.8. Except as provided in Section 6.5(b), if 4.04. (b) If any Note called for redemption shall not be so paid upon surrender thereof for redemption because due to the Indenture Trustee shall not have received pursuant failure of the Issuer or the Credit Obligor to Section 6.5 an amount of money sufficient to pay make the Redemption Price for such Noterequired payment, the principal (and Premiumpremium, if any, and (to the extent permitted by Applicable Law) interest shall, until paid, continue to bear interest from the Redemption Date redemption date at the rate borne by the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor)Post-Default Rate.

Appears in 1 contract

Sources: Trust Indenture (Display Technologies Inc)

Notes Payable on Redemption Date. Notice of redemption having After notice has been given under Section 3.13(d) hereof as aforesaidto the Redemption Date in respect of any Optional Redemption, the Outstanding Principal Balance of the Notes so to be redeemed shall, on such Redemption Date in the Redemption Date, except as provided amount identified in Section 6.5(b), such notice shall become due and payable at on the designated corporate trust office of the Paying Agent Redemption Date at the Redemption Price therein specified(net of any portion thereof payable to the applicable Hedge Provider) at the Corporate Trust Office of the Indenture Trustee, and from and after such date Redemption Date (unless there shall be a default in the payment of the Redemption Price), applicable amount to be redeemed) such Notes principal amount shall cease to bear interest. Upon surrender of such any Notes for redemption in accordance with such notice, the Redemption Price of such Notes shall be paid at the Redemption Price, exclusive, however, of installments of interest maturing on or prior in accordance with Section 3.11(d). If any Notes to the Redemption Date payment of which shall have been made or duly provided for to the Noteholders registered as such on the relevant Record Dates, or otherwise, according to the terms and the provisions of Section 2.8. Except as provided in Section 6.5(b), if any Note called for redemption be redeemed shall not be so paid, or shall only be paid upon surrender thereof for redemption because in part in accordance with the Indenture Trustee shall not have received pursuant to Section 6.5 an amount terms of money sufficient to pay the Redemption Price for such Notenotice, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest shall, until paid, remaining Outstanding Principal Balance of such Notes shall continue to bear interest from the Redemption Date until it is paid at the interest rate borne by the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor)applicable to such Notes.

Appears in 1 contract

Sources: Master Indenture (Trinity Industries Inc)

Notes Payable on Redemption Date. Notice of redemption Redemption having been given as aforesaidrequired pursuant to Sections 9.3 and 9.4, unless such notice is deemed to be withdrawn as provided in Section 9.2(c), the Notes so to be redeemed shall, on the Redemption Date, except as provided in Section 6.5(b), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price therein specified, and from and after such date the Redemption Date (unless there the Issuer shall be a default Default in the payment of the Redemption Price), ) such Notes shall cease to bear interest. Upon final payment on a Note to be repaid or redeemed in full, the Holder shall present and surrender of such Notes for redemption in accordance with such notice, such Notes shall be paid Note at the place specified in the notice of repayment or Redemption Price, exclusive, however, of installments of interest maturing on or prior to the such Redemption Date payment of which shall have been made or duly provided for Date; provided, however, that if there is delivered to the Noteholders registered Co-Issuers or, as the case may be, the Issuer and the Trustee such on security or indemnity as may be required by them to save each of them harmless and an undertaking thereafter to surrender such Note, then, in the relevant Record Dates, or otherwise, according absence of notice to the terms and Co-Issuers or the provisions of Section 2.8Trustee that the applicable Note has been acquired by a bona fide purchaser, such final payment shall be made without presentation or surrender. Except as provided in Section 6.5(b), if If any Note to be called for redemption Redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such NoteRedemption, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest thereof shall, until paid, continue to bear interest from the Redemption Date at the rate borne by applicable Note Interest Rate for each successive Interest Accrual Period the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor)remains Outstanding.

Appears in 1 contract

Sources: Indenture (CBRE Realty Finance Inc)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, and the conditions, if any, set forth in such notice having been satisfied, the Notes or portions thereof so to be redeemed shall, on the Redemption Date, except as provided in Section 6.5(b), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price therein specified, and from and after such date (unless there unless, in the case of an unconditional notice of redemption, the Company shall be a default in the payment of the Redemption Price)Price and accrued interest, if any) such Notes or portions thereof, if interest-bearing, shall cease to bear interest. Upon surrender of any such Notes Note for redemption in accordance with such notice, such Notes Note or portion thereof shall be paid by the Company at the Redemption Price, exclusivetogether with accrued interest, if any, to the Redemption Date; provided, however, of installments that no such surrender shall be a condition to such payment if so specified as contemplated by Section 301 with respect to such Note; and provided, further, that except as otherwise specified as contemplated by Section 301 with respect to such Note, any installment of interest maturing on any Note the Stated Maturity of which installment is on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holder of such Note, or one or more Predecessor Notes, registered as such at the close of business on the relevant related Regular Record Dates, or otherwise, Date according to the terms of such Note and subject to the provisions of Section 2.8. Except as provided in Section 6.5(b), if any Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Note, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest shall, until paid, continue to bear interest from the Redemption Date at the rate borne by the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor)307.

Appears in 1 contract

Sources: Indenture (For Senior Notes) (Carolina Power & Light Co)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in Section 6.5(b), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price therein specified, and from and after such date (unless there the Company shall be a default in the payment of the Redemption Price), Price and accrued interest) such Notes shall cease to bear interest. Upon surrender of any such Notes Note for redemption in accordance with such said notice, such Notes Note shall be paid by the Company at the Redemption Price, exclusivetogether with any accrued interest to the Redemption Date; provided, however, of that installments of interest maturing on Notes whose Stated Maturity is on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holders of such Notes, or one or more Predecessor Notes, registered as such at the close of business on the relevant Regular Record Dates, or otherwise, Dates therefor according to the their terms and the provisions of Section 2.8307. Except as provided in Section 6.5(b), if If any Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Noteredemption, the principal (and Premiumpremium, if any, and (to the extent permitted by Applicable Law) interest shall), until paid, continue to shall bear interest from the Redemption Date at the rate borne by the Note in respect of overdue payments (and prescribed therefor in the absence thereof, at the contract rate therefor)Note.

Appears in 1 contract

Sources: Indenture (Callon Petroleum Co)

Notes Payable on Redemption Date. (a) Notice of redemption having been given as aforesaidprovided in Section 11.3, the Notes so to be redeemed shall, on the applicable Redemption Date, except as provided in Section 6.5(b), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price therein specified, and from and after on such date (unless there shall be a default in the payment of the Redemption Price), Date such Notes shall cease to bear interestinterest on the portion of the Notes actually redeemed. Upon surrender On the Redemption Date, the Holders of such Notes for redemption in accordance with such notice, such Notes shall be paid at the Redemption Price, exclusivePrice pursuant to Section 11.4 or otherwise; provided, however, of that installments of principal and interest maturing which are due on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders registered as Holders of such on the relevant Record Dates, or otherwise, Notes according to the their terms and the provisions of Section 2.83.7. (b) Installments of interest and principal due on or prior to a Redemption Date shall continue to be payable to the Holders of Notes called for redemption according to their terms and the provisions of Section 3.7. Except as otherwise specifically provided in herein, the election of the related Note Co-Issuers to redeem their Note pursuant to this Section 6.5(b), if any shall be evidenced by an Issuer Order authorizing payment of the Redemption Price on the Note called for redemption shall not to be so paid upon surrender thereof for redemption because redeemed from monies deposited into the Indenture Trustee shall not have received related Co-Issuer Collection Account pursuant to Section 6.5 an amount 11.4 or otherwise available in accordance with this Security Agreement for the purpose of money sufficient to pay the Redemption Price for such Note, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest shall, until paid, continue to bear interest from the Redemption Date at the rate borne by the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor)redeeming Notes.

Appears in 1 contract

Sources: Security Agreement (NexCen Brands, Inc.)

Notes Payable on Redemption Date. (a) Notice of redemption pursuant to Section 9.4 having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in subject to Section 6.5(b9.4(f) and the Co-Issuers’ right to withdraw any notice of redemption pursuant to Section 9.4(c), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price Prices therein specified, and from and after such date the Redemption Date (unless there the Issuer shall be a default in the payment of the Redemption Price), Prices and accrued interest) all such Notes that are Secured Notes shall cease to bear interestinterest on the Redemption Date. Upon final payment on a Note to be so redeemed in full, the Holder shall present and surrender of such Notes for redemption in accordance with such notice, such Notes shall be paid Note at the place specified in the notice of redemption on or prior to such Redemption Price, exclusive, however, of installments Date. Payments of interest maturing on Secured Notes so to be redeemed which are payable on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holders of such Secured Notes, or one or more predecessor Notes, registered as such at the close of business on the relevant Record Dates, or otherwise, Date according to the terms and the provisions of Section 2.8. Except as provided in Section 6.5(b2.7(e), if . (b) If any Note Secured Notes called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Noteredemption, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest thereof shall, until paid, continue to bear interest from the Redemption Date at the rate borne by applicable Interest Rate for each successive Interest Accrual Period such Secured Notes remains Outstanding; provided that the Note in respect reason for such non-payment is not the fault of overdue payments (and in the absence thereof, at the contract rate therefor)such Holder.

Appears in 1 contract

Sources: Indenture (AB Private Credit Investors Corp)

Notes Payable on Redemption Date. (a) Notice of redemption pursuant to Section 9.4 having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in subject to Section 6.5(b)9.4(f) and the Issuers’ right to withdraw any notice of redemption pursuant to Section 9.4(c) or the failure of any Refinancing to occur, become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price therein specifiedPrices with respect thereto, and from and after such date the Redemption Date (unless there the Issuer shall be a default in the payment of the Redemption Price), such Prices) all Secured Notes shall cease to bear interestinterest on the Redemption Date. Upon final payment on a Note to be so redeemed, the Holder shall present and surrender such Note at the place specified in the notice of redemption on or prior to such Notes for redemption Redemption Date; provided that, if there is delivered to the Issuer and the Trustee such security or indemnity as may be required by them to save such party harmless and an undertaking thereafter to surrender such Note, then, in accordance with such noticethe absence of notice to the Issuer or the Trustee that the applicable Note has been acquired by a protected purchaser, such Notes final payment shall be paid at the Redemption Price, exclusive, however, of installments made without presentation or surrender. Payments of interest maturing and principal on Secured Notes so to be redeemed which are payable on any Business Day on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holders of such Secured Notes, or one or more predecessor Secured Notes, registered as such at the close of business on the relevant Record Dates, or otherwise, Date according to the terms and the provisions of Section 2.8. Except as provided in Section 6.5(b), if any Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Note, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest shall, until paid, continue to bear interest from the Redemption Date at the rate borne by the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor2.7(e).

Appears in 1 contract

Sources: Indenture (Apollo Debt Solutions BDC)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in Section 6.5(b), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price therein specified, specified and from on and after such date (unless there the Company shall be a default in the payment of the Redemption Price), ) such Notes shall cease to bear interest, if any. Upon surrender of any such Notes Note for redemption in accordance with such notice, such Notes Note shall be paid by the Company at the Redemption Price, exclusiveprovided, however, that instalments of installments of interest maturing interest, if any, on Notes whose Stated Maturity is on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holders of such Notes, or one or more Predecessor Notes, registered as such on the relevant Regular Record Dates, or otherwise, Date according to the their terms and the provisions of Section 2.84.11. Except as provided in Section 6.5(b), if any Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant Interest accruing on or prior to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Note, the principal and Premium, if any, and Date on Notes to be redeemed shall continue to be payable (to the extent permitted by Applicable Lawnot previously paid) (but without interest shallthereon, until paid, continue to bear interest from unless the Redemption Date at the rate borne by the Note in respect of overdue payments (and Company shall default in the absence due payment or provision for payment thereof, at ) to the contract rate therefor)Holders thereof according to their terms in the customary manner.

Appears in 1 contract

Sources: Trust Indenture (Bce Inc)

Notes Payable on Redemption Date. (a) Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in Section 6.5(b)Date and assuming the satisfaction of any conditions precedent, become due and payable at the designated corporate trust office of the Paying Agent at redemption price therein specified (together with accrued and unpaid interest to, but excluding, the Redemption Price therein specifiedDate), and from and after such date (unless there the Issuer shall be a default in the payment of the Redemption Price), redemption price and accrued interest) such Notes shall cease to bear interest. Upon surrender of any such Notes Note for redemption in accordance with such said notice, such Note shall be paid by the Issuer at the redemption price, together with accrued and unpaid interest, if any, to, but excluding, the Redemption Date, and such Notes shall be paid at canceled by the Redemption Price, exclusiveTrustee; provided, however, of that installments of interest maturing whose Stated Maturity is on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holders of such Notes, or one or more Predecessor Notes, registered as such at the close of business on the relevant Record Dates, or otherwise, record dates according to the their terms and the provisions of Section 2.8. Except as provided in Section 6.5(b), if 3.6. (b) If any Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Noteredemption, the principal (and Premiumpremium, if any, and (to the extent permitted by Applicable Law) interest shall, until paid, continue to bear interest from the Redemption Date at the rate borne by the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor)Notes.

Appears in 1 contract

Sources: Indenture (Great Ajax Corp.)

Notes Payable on Redemption Date. Notice of redemption having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in Section 6.5(b), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price therein specified, and from and after such date (unless there the Company shall be a default in the payment of the Redemption Price), Price and accrued interest) such Notes shall cease to bear interest. Upon surrender of any such Notes for redemption in accordance with such said notice, such Notes shall be paid by the Company at the Redemption Price, exclusivetogether with accrued interest to the Redemption Date; provided, however, of that installments of interest maturing whose Stated Maturity is on or prior to the Redemption Date payment of which shall have been made or duly provided for will be payable to the Noteholders Holders of such Notes, or one or more Predecessor Notes, registered as such at the close of business on the relevant Record Dates, or otherwise, record dates according to the their terms and the provisions of Section 2.81203. Except as provided in Section 6.5(b), if If any Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Noteredemption, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest any premium shall, until paid, continue to bear interest from the Redemption Date at the rate borne by the Note in respect of overdue payments (and prescribed therefor in the absence thereof, at Note. The Company is not required to make mandatory redemption or sinking fund payments with respect to the contract rate therefor)Notes.

Appears in 1 contract

Sources: First Supplemental Indenture (Cardtronics Inc)

Notes Payable on Redemption Date. (a) Notice of redemption pursuant to Section 9.4 having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in subject to Section 6.5(b9.4(f) and the Co-Issuers' right to withdraw any notice of redemption pursuant to Section 9.4(c), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price Prices therein specified, and from and after such date the Redemption Date (unless there the Issuer shall be a default in the payment of the Redemption Price), Prices and accrued interest) all such Notes that are Secured Notes shall cease to bear interestinterest on the Redemption Date. Upon final payment on a Note to be so redeemed, the Holder shall present and surrender of such Notes for redemption in accordance with such notice, such Notes shall be paid Note at the place specified in the notice of redemption on or prior to such Redemption Price, exclusive, however, of installments Date. Payments of interest maturing on Secured Notes so to be redeemed which are payable on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holders of such Secured Notes, or one or more predecessor Notes, registered as such at the close of business on the relevant Record Dates, or otherwise, Date according to the terms and the provisions of Section 2.8. Except as provided in Section 6.5(b2.7(e), if . (b) If any Secured Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Noteredemption, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest thereof shall, until paid, continue to bear interest from the Redemption Date at the rate borne by applicable Interest Rate for each successive Interest Accrual Period such Secured Note remains Outstanding; provided that the Note in respect reason for such non-payment is not the fault of overdue payments (and in the absence thereof, at the contract rate therefor)such Noteholder.

Appears in 1 contract

Sources: Supplemental Indenture (Garrison Capital Inc.)

Notes Payable on Redemption Date. (a) Notice of redemption pursuant to Section 9.4 having been given as aforesaid, the Notes so to be redeemed shall, on the Redemption Date, except as provided in subject to Section 6.5(b9.4(e) and the Issuer’s right to withdraw any notice of redemption pursuant to Section 9.4(c), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price Prices therein specified, and from and after such date the Redemption Date (unless there the Issuer shall be a default in the payment of the Redemption Price), Prices and accrued interest) all such Notes shall cease to bear interestinterest on the Redemption Date. Upon final payment on a Note to be so redeemed, the Holder shall present and surrender such Note at the place specified in the notice of redemption on or prior to such Notes for redemption Redemption Date; provided that if there is delivered to the Issuer and the Trustee such security or indemnity as may be required by them to save such party harmless and an undertaking thereafter to surrender such Note, then, in accordance with such noticethe absence of notice to the Issuer or the Trustee that the applicable Note has been acquired by a protected purchaser, such Notes final payment shall be paid at the Redemption Price, exclusive, however, of installments made without presentation or surrender. Payments of interest maturing on Notes to be so redeemed which are payable on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holders of such Notes, or one or more predecessor Notes, registered as such at the close of business on the relevant Record Dates, or otherwise, Date according to the terms and the provisions of Section 2.8. Except as provided in Section 6.5(b), if any Note called for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Note, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest shall, until paid, continue to bear interest from the Redemption Date at the rate borne by the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor2.8(e).

Appears in 1 contract

Sources: Indenture and Security Agreement (Owl Rock Capital Corp)

Notes Payable on Redemption Date. Notice of redemption having After notice has been given under Section 3.13(d) as aforesaidto the Redemption Date in respect of any Optional Redemption, the Outstanding Principal Balance of the Notes so to be redeemed shall, on such Redemption Date in the Redemption Date, except as provided amount identified in Section 6.5(b), such notice shall become due and payable at on the designated corporate trust office of the Paying Agent Redemption Date at the Redemption Price therein specified(net of any portion thereof payable to the applicable Hedge Provider) at the Corporate Trust Office of the Indenture Trustee, and from and after such date Redemption Date (unless there shall be a default in the payment of the Redemption Price), applicable amount to be redeemed) such Notes principal amount shall cease to bear interest. Upon surrender of such any Notes for redemption in accordance with such notice, the Redemption Price of such Notes shall be paid at the Redemption Price, exclusive, however, of installments of interest maturing on or prior in accordance with Section 3.11(d). If any Notes to the Redemption Date payment of which shall have been made or duly provided for to the Noteholders registered as such on the relevant Record Dates, or otherwise, according to the terms and the provisions of Section 2.8. Except as provided in Section 6.5(b), if any Note called for redemption be redeemed shall not be so paid, or shall only be paid upon surrender thereof for redemption because in part in accordance with the Indenture Trustee shall not have received pursuant to Section 6.5 an amount terms of money sufficient to pay the Redemption Price for such Notenotice, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest shall, until paid, remaining Outstanding Principal Balance of such Notes shall continue to bear interest from the Redemption Date until it is paid at the interest rate borne by the Note in respect of overdue payments (and in the absence thereof, at the contract rate therefor).applicable to such Notes. 62

Appears in 1 contract

Sources: Master Indenture (Trinity Industries Inc)

Notes Payable on Redemption Date. Less than All Notes to be Redeemed (a) Notice of redemption having been given as aforesaidprovided in Section 10.2, the Notes so to be redeemed shall, on the applicable Redemption Date, except as provided in Section 6.5(b), become due and payable at the designated corporate trust office of the Paying Agent at the Redemption Price therein specified, and from and after on such date (unless there shall be a default in the payment of the Redemption Price), Date such Notes shall cease to bear interestinterest on the portion of the Notes actually redeemed. Upon surrender On the Redemption Date, the Holders of such Notes for redemption in accordance with such notice, such Notes shall be paid at the Redemption PricePrice by the Trustee from funds available to the Trustee pursuant to Section 10.3, exclusiveSection 13.2 or otherwise; provided, however, of that installments of principal and interest maturing which are due on or prior to the Redemption Date payment of which shall have been made or duly provided for be payable to the Noteholders Holders of such Notes registered as such on the relevant Record Dates, or otherwise, Dates according to the their terms and the provisions of Section 2.8. Except as provided in Section 6.5(b), if 3.7. (b) If the Holders of any Note called in whole or in part for redemption shall not be so paid upon surrender thereof for redemption because the Indenture Trustee shall not have received pursuant to Section 6.5 an amount of money sufficient to pay the Redemption Price for such Notepaid, the principal and Premium, if any, and (to the extent permitted by Applicable Law) interest amount thereof shall, until paid, continue to bear interest from the Redemption Date at the rate borne by related Note Interest Rate until payment of principal is made. (c) If less than the Note in respect principal amount of overdue payments (and all Notes Outstanding is to be redeemed on any Redemption Date, Notes shall be redeemed pro rata from available funds as nearly as practicable in the absence thereofjudgment of the Trustee, at observing in the contract rate therefor)process authorized denominations in accordance with Section 3.2 of this Indenture and shall be applied in installments of principal payable on the Notes in the reverse order of their maturity.

Appears in 1 contract

Sources: Indenture (Candies Inc)