Optional Redemption by Corporation. (a) Subject to the provisions of Section 3.3(c), except as otherwise may be specified in this Indenture, the Corporation shall have the right to redeem the Debentures, in whole or in part, from time to time on or after January 1, 2009, at a Redemption Price equal to 100% of the principal amount to be redeemed plus any accrued and unpaid interest thereon to the date of such redemption. Any redemption pursuant to this Section 3.3(a) shall be made upon not less than 30 days' nor more than 60 days' notice to the holder of the Debentures, at the Redemption Price. If the Debentures are only partially redeemed pursuant to this Section 3.3(a), the Debentures shall be redeemed pro rata or by lot or in such other manner as the Trustee shall deem appropriate and fair in its discretion. The Redemption Price shall be paid prior to 12:00 noon, New York, New York time, on the date of such redemption or at such earlier time as the Corporation determines provided that the Corporation shall deposit with the Trustee an amount sufficient to pay the Redemption Price by 10:00 a.m., New York, New York time, on the date such Redemption Price is to be paid.
Optional Redemption by Corporation. (a) Except as otherwise may be specified in this Indenture but not in limitation of Section 3.2, the Corporation shall have the right to redeem the Debentures, in whole or in part, from time to time, on or after December 31, 2006 at a Redemption Price equal to 100% of the principal amount to be redeemed plus any accrued and unpaid interest thereon to the date of such redemption. Any redemption pursuant to this Section 3.3 shall be (i) made in multiples of $1,000 and (ii) made upon not less than 30 days nor more than 60 days notice to the holder of the Debentures, at the Redemption Price. If the Debentures are only partially redeemed pursuant to this Section 3.3, the Debentures shall be redeemed pro rata or by lot or in such other manner as the Trustee shall deem appropriate and fair in its discretion. The Redemption Price shall be paid prior to 12:00 noon, Monroe, North Carolina time, on the date of such redemption or at such earlier time as the Corporation determines provided that the Corporation shall deposit with the Trustee an amount sufficient to pay the Redemption Price by 10:00 a.m., Monroe, North Carolina time, on the date such Redemption Price is to be paid.
Optional Redemption by Corporation. (a) The Preferred Stock may be redeemed in whole (but not in part), at the Redemption Price, at the Corporation's option at any time after the seventh (7th) anniversary of the date of original issuance of the Preferred Stock, on at least 30 days' notice.
Optional Redemption by Corporation. The Preferred Stock may be redeemed in whole (but not in part), at the Redemption Price, at the Corporation's option at any time after , , on at least 30 days' notice; provided, however, that the Corporation may not exercise such right of redemption unless the Market Price of the Common Stock as reported in the Wall Street Journal for 20 out of any 30 consecutive trading days prior to the notice of redemption delivered pursuant to Section 3.7 shall exceed dollars ($ ) per share (subject to adjustment for stock dividends, stock splits and reverse stock splits) and unless the issuance of the shares of Common Stock upon conversion of the Preferred Stock at the time of the redemption would not cause a "Change of Control" to occur within the meaning of Section 1.01
Optional Redemption by Corporation. (a) Subject to the provisions of Section 3.3(c), except as otherwise may be specified in this Indenture, the Company shall have the right to redeem the Debentures, in whole or in part, from time to time, (i) on or after _______, 2007, at a Redemption Price equal to 100% of the principal amount to be redeemed plus any accrued and unpaid interest thereon to the date of such redemption; and (ii) before _________, 2007, at a Redemption Price equal to ____% of the principal amount to be redeemed plus any accrued and unpaid interest thereon to the date of such redemption. The Company may elect to redeem the Debentures pursuant to (ii) above only if the stock price for the Company's common stock has been at least 125% of the Conversion Price for a period of twenty consecutive business days ending within five days of the date of notice of redemption. Any redemption pursuant to this Section 3.3(a) shall be made upon not less than 30 days' nor more than 60 days' notice to the holder of the Debentures, at the Redemption Price. If the Debentures are only partially redeemed pursuant to this Section 3.3(a), the Debentures shall be redeemed pro rata or by lot or in such other manner as the Trustee shall deem appropriate and fair in its discretion. The Redemption Price shall be paid prior to 12:00 noon, New York, New York time, on the date of such redemption or at such earlier time as the Company determines provided that the Company shall deposit with the Trustee an amount sufficient to pay the Redemption Price by 10:00 a.m., New York, New York time, on the date such Redemption Price is to be paid.
Optional Redemption by Corporation. (a) Subject to the provisions of this Article XIV, the Corporation shall have the right to redeem the Securities, in whole or in part, from time to time, on or after Initial Optional Redemption Date at the optional redemption prices set forth below (expressed as percentages of principal) plus accrued and unpaid interest thereon (including Additional Interest and Compounded Interest, if any) to the applicable date of redemption (the "Optional Redemption Price"); if redeemed during the 12-month period beginning September 1 of the years indicated below: 58 Year Percentage ---- ---------- 2009 104.750% 2010 104.275% 2011 103.800% 2012 103.325% 2013 102.850% 2014 102.375% 2015 101.900% 2016 101.425% 2017 100.950% 2018 100.475% 2019 and thereafter 100.000% If the Securities are only partially redeemed pursuant to this Section 14.02, the Securities will be redeemed by lot or by any other method utilized by the Trustee; provided, that if at the time of redemption the Securities are -------- registered as a Global Security, the Depositary shall determine, in accordance with its procedures, the principal amount of such Securities held for the account of its participants to be redeemed. The Optional Redemption Price shall be paid prior to 12:00 noon, New York City time, on the date of such redemption or at such earlier time as the Corporation determines, provided that the -------- Corporation shall deposit with the Trustee an amount sufficient to pay the Optional Redemption Price by 10:00 a.m., New York time, on the date such Optional Redemption Price is to be paid.
Optional Redemption by Corporation. At any time after the earlier of (1) the occurrence of a Change of Control, (2) the acceptance by the Corporation of the Lender's resignation as a director of the Corporation, and (3) February 1, 2014, the Corporation shall have the right, at its option, to redeem the entire principal amount outstanding under the Debenture, together with all accrued and unpaid interest thereon by providing not less than twenty-one (21) days prior written notice to the Lender as provided for in Section 4.8 hereof.
Optional Redemption by Corporation. (a) Subject to Section 14.01, the Securities shall not be redeemable at the option of the Corporation prior to July 1, 2010. The Corporation shall have the right to redeem the Securities, in whole or in part, on one or more occasions at any time on or after July 1, 2010, at the Make-Whole Redemption Price, if the average Closing Price per share of Common Stock for the ten (10) consecutive Trading Days ending on the Trading Day prior to the mailing of the notice of redemption exceeds 130% of the then prevailing Conversion Price. On and after July 1, 2012, the Corporation shall have the right to redeem the Securities, in whole or in part, at the Redemption Price.
Optional Redemption by Corporation. The shares of the Series B Preferred are redeemable at the option of the Corporation in whole or in part at any time and from time to time after March [__], 2001, at a redemption price of $10.00 per share plus an amount equal to the dividends accrued and unpaid (including interest, if any) thereon to the redemption date. In case only a part of the Series B Preferred Stock at the time outstanding is to be redeemed, the shares selected shall be allocated among all of the holders of the Series B Preferred at the time outstanding in proportion to their respective holdings. At least 30 days in advance of the date designated for any redemption pursuant to this paragraph (a), the Corporation shall mail or deliver notices of such redemption to the holders of record of the shares so to be redeemed at their respective addresses as shown on the books of the Corporation.
Optional Redemption by Corporation. Except as otherwise may be specified in this Indenture but not in limitation of Section 3.2, the Corporation shall have the right to redeem the Debentures, in whole or in part, from time to time, on or after June 30, 2004, at a Redemption Price equal to 100% of the principal amount to be redeemed plus any accrued and unpaid interest thereon to the date of such redemption. Any redemption pursuant to this Section 3.3 shall be made upon not less than 30 days nor more than 60 days notice to the holder of the Debentures, at the Redemption Price. If the Debentures are only partially redeemed pursuant to this Section 3.3, the Debentures shall be redeemed pro rata or by lot or in such other manner as the Trustee shall deem appropriate and fair in its discretion. The
