Common use of Notes Redeemed or Purchased in Part Clause in Contracts

Notes Redeemed or Purchased in Part. Upon surrender of a Note that is redeemed or purchased in part, the Company will issue and, upon receipt of a written authentication order, the Trustee will authenticate for the Holder at the expense of the Company a new Note equal in principal amount to the unredeemed or unpurchased portion of the Note surrendered; provided, that each such new Note will be in a principal amount of $2,000 or integral multiples of $1,000 in excess thereof. It is understood that, notwithstanding anything in this Indenture to the contrary, only an authentication order and not an Opinion of Counsel or Officer’s Certificate is required for the Trustee to authenticate such new Note.

Appears in 14 contracts

Samples: Cleveland-Cliffs Inc., Intercreditor Agreement (Cleveland-Cliffs Inc.), Intercreditor Agreement (Cleveland-Cliffs Inc.)

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Notes Redeemed or Purchased in Part. Upon surrender of a Note that is redeemed or purchased in part, the Company Co-Issuers will issue andissue, and upon receipt of a written authentication orderan Authentication Order, the Trustee will authenticate for the Holder at the expense of the Company Co-Issuers, a new Note equal in principal amount to the unredeemed or unpurchased portion of the Note surrendered; provided, that each surrendered (or transfer such new Note will be in a principal amount of $2,000 or integral multiples of $1,000 in excess thereofby book entry). It is understood that, notwithstanding anything in this Indenture to the contrary, only an authentication order Authentication Order and not an Opinion of Counsel or Officer’s Certificate is required for the Trustee to authenticate such new Note.

Appears in 1 contract

Samples: Specialty Building Products, Inc.

Notes Redeemed or Purchased in Part. Upon surrender of a Note that is redeemed or purchased in part, the Company will issue and, upon receipt of a written an authentication orderorder in accordance with Section 2.02, the Trustee will authenticate for the Holder at the expense of the Company a new Note equal in principal amount to the unredeemed or unpurchased portion of the Note surrendered; provided, provided that each such new Note will be in a principal amount of $2,000 or an integral multiples multiple of $1,000 in excess thereof. It is understood that, notwithstanding anything in this Indenture to the contrary, contrary only an authentication order in accordance with Section 2.02 and not an Opinion of Counsel or Officer’s Certificate is required for the Trustee to authenticate such new Note.

Appears in 1 contract

Samples: Xerium Technologies Inc

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Notes Redeemed or Purchased in Part. Upon surrender of a Note that is redeemed or purchased in part, the Company will issue and, upon receipt of a written authentication orderan Authentication Order, the Trustee will authenticate for the Holder (or cause to be transferred by book-entry) at the expense of the Company a new Note equal in principal amount to the unredeemed or unpurchased portion of the Note surrendered; provided, that that, each such new Note will shall be in a principal amount of $2,000 or integral whole multiples of $1,000 in excess thereof. It is understood that, notwithstanding anything in this Indenture to the contrary, only an authentication order Authentication Order and not an Opinion of Counsel or Officer’s Certificate is required for the Trustee to authenticate such new Note.

Appears in 1 contract

Samples: Indenture (Teleflex Inc)

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