Optional Redemption of Notes. The Notes will be redeemable at any time, at the option of the Company, in whole or from time to time in part, upon not less than 30 and not more than 60 days' notice as provided in the Indenture, on any date prior to maturity (the "Redemption Date") at a price equal to 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the Redemption Date (subject to the right of Holders of record on the relevant record date to receive interest due on any interest payment date that is on or prior to the Redemption Date) plus a Make-Whole Premium, if any (the "Redemption Price"). In no event will a Redemption Price ever be less than 100% of the principal amount of the Notes plus accrued and unpaid interest, if any, to the Redemption Date. The amount of the Make-Whole Premium with respect to any of the Notes (or portion thereof) to be redeemed will be equal to the excess, if any, of:
Appears in 6 contracts
Samples: Third Supplemental Indenture (Pioneer Natural Resources Co), Supplemental Indenture (Pioneer Natural Resources Co), Supplemental Indenture (Pioneer Natural Resources Co)
Optional Redemption of Notes. The Notes will shall be redeemable at any time, at the option of the Company, in whole or from time to time in part, upon not less than 30 10 and not more than 60 days' notice as provided in the Indenture’ notice, on any date prior to maturity (the "“Redemption Date") ”), notwithstanding any contrary provisions in Section 3.03 of the Indenture, at a redemption price equal to 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the Redemption Date (subject to the right of Holders of record on the relevant record date to receive interest due on any interest payment date Interest Payment Date that is on or prior to the Redemption Date) plus a Make-Whole PremiumPremium described below, if any (the "“Redemption Price"”). In no the event will a that the Notes are so redeemed, the Redemption Price ever will never be less than 100% of the principal amount of the such Notes plus accrued and unpaid interest, if any, to the Redemption Date. The amount of the Make-Whole Premium with respect to any of the Notes Note (or portion thereof) to be redeemed will be equal to the excess, if any, of:
Appears in 1 contract
Samples: Supplemental Indenture (Pioneer Natural Resources Co)
Optional Redemption of Notes. The Notes will be redeemable at any time, at the option of the Company, in whole or from time to time in part, upon not less than 30 and not more than 60 days' ’ notice as provided in the Indenture, on any date prior to maturity (the "“Redemption Date"”) at a price equal to 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the Redemption Date (subject to the right of Holders of record on the relevant record date to receive interest due on any interest payment date that is on or prior to the Redemption Date) plus a Make-Whole Premium, if any (the "“Redemption Price"”). In no event will a Redemption Price ever be less than 100% of the principal amount of the Notes plus accrued and unpaid interest, if any, to the Redemption Date. The amount of the Make-Whole Premium with respect to any of the Notes (or portion thereof) to be redeemed will be equal to the excess, if any, of:
Appears in 1 contract
Samples: Pioneer Natural Resources Co