Common use of Optional Redemption Provisions Clause in Contracts

Optional Redemption Provisions. (a) Except as provided in Section 3.7(b), the Senior Notes may not be redeemed at the option of the Company prior to August 1, 2002. During the twelve (12) month period beginning on August 1 of the years indicated below, the Senior Notes will be redeemable at the option of the Company, in whole or in part, on at least 30 but not more than 60 days' notice to each Holder of Senior Notes to be redeemed, at the redemption prices (expressed as percentages of the principal amount) set forth below, plus any accrued and unpaid interest and Liquidated Damages, if any, from August 1, 2000 to the redemption date: Year Percentage ---- ---------- 2002................................ 104.9375% 2003................................ 102.4688% 2004 and thereafter................. 100.000 %

Appears in 1 contract

Samples: Jordan Telecommunication Products Inc

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Optional Redemption Provisions. (a) Except as provided in Section 3.7(b), the The Senior Notes may not be redeemed at the option of the Company prior to August 1November 15, 20022001. During the twelve (12) twelve-month period beginning on August 1 November 15 of the years indicated below, the Senior Notes will be redeemable at the option of the Company, in whole or in part, on at least 30 but not more than 60 days' notice to each Holder of Senior Notes to be redeemed, at the redemption prices (expressed as percentages of the principal amount) set forth below, plus any accrued and unpaid interest and Liquidated Damages, if any, from August 1, 2000 to the redemption date: Year Percentage ---- ---------- 2001.................................. 104.000% 2002................................ 104.9375.................................. 102.000% 2003................................ 102.4688% 2004 2003 and thereafter................. 100.000 ................... 100.000%

Appears in 1 contract

Samples: Ameriking Inc

Optional Redemption Provisions. (a) Except as provided in Section 3.7(b3.07(b), the Senior Notes may not be redeemed at the option of the Company prior to August 1November 15, 20022001. During the twelve (12) month period beginning on August 1 November 15 of the years indicated below, the Senior Notes will be redeemable at the option of the Company, in whole or in part, on at least 30 but not more than 60 days' notice to each Holder of Senior Notes to be redeemed, at the redemption prices (expressed as percentages of the principal amount) set forth below, plus any accrued and unpaid interest and Liquidated Damages, if any, from August 1, 2000 to the redemption date: Year Percentage ---- ---------- 2001.................................. 105.375% 2002................................ 104.9375.................................. 103.583% 2003................................ 102.4688.................................. 101.792% 2004 and thereafter................. 100.000 ................... 100.000%

Appears in 1 contract

Samples: Motors & Gears Inc

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Optional Redemption Provisions. (a) Except as provided in Section 3.7(b), the The Senior PIK Notes may not be redeemed at the option of the Company prior to August 1November 15, 20022001. During the twelve (12) twelve-month period beginning on August 1 November 15 of the years indicated below, the Senior PIK Notes will be redeemable at the option of the Company, in whole or in part, on at least 30 but not more than 60 days' notice to each Holder of Senior PIK Notes to be redeemed, at the redemption prices (expressed as percentages of the principal amount) set forth below, plus any accrued and unpaid interest and Liquidated Damages, if any, from August 1, 2000 to the redemption date: Year Percentage ---- ---------- 2001....................... 104.000% 2002................................ 104.9375% 2003................................ 102.4688% 2004 and thereafter................. 100.000 ....................... 102.000%

Appears in 1 contract

Samples: Ameriking Inc

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