Common use of Optional Redemption upon Equity Offerings Clause in Contracts

Optional Redemption upon Equity Offerings. Notwithstanding the ----------------------------------------- foregoing, the Company may redeem in the aggregate up to 35% of the original principal amount of Notes at any time and from time to time prior to April 1, 2003 at a Redemption Price equal to 110.25% of the aggregate principal amount so redeemed, plus accrued and unpaid interest, if any, to the Redemption Date out of the Net Proceeds of one or more Public Equity Offerings; provided that

Appears in 2 contracts

Samples: Supplemental Indenture (TNP Enterprises Inc), Indenture (TNP Enterprises Inc)

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Optional Redemption upon Equity Offerings. Notwithstanding the ----------------------------------------- foregoing, the Company may redeem in the aggregate up to 35% of the original principal amount of Notes at any time and from time to time prior to April March [1], 2003 at a Redemption Price equal to 110.25110.625% of the aggregate principal amount so redeemed, plus accrued and unpaid interest, if any, to the Redemption Date out of the Net Proceeds of one or more Public Equity Offerings; provided that

Appears in 1 contract

Samples: Supplemental Indenture (Ifco Systems Nv)

Optional Redemption upon Equity Offerings. Notwithstanding the ----------------------------------------- foregoingAt any time, or from time to time, the Company may may, at its option, use the net cash proceeds of one or more Public Equity Offerings to redeem in the aggregate up to 35% of the original aggregate principal amount of the Notes at any time and from time to time prior to April 1, 2003 originally issued at a Redemption Price redemption price equal to 110.25108.50% of the aggregate principal amount so redeemedthereof, plus accrued and unpaid interest, if any, interest thereon to the Redemption Date out date of the Net Proceeds of one or more Public Equity Offeringsredemption; provided that:

Appears in 1 contract

Samples: Alliance One International, Inc.

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Optional Redemption upon Equity Offerings. Notwithstanding the ----------------------------------------- foregoing, the Company may redeem in the aggregate up to 35% of the original principal amount of Notes at any time and from time to time prior to April 1March 15, 2003 at a Redemption Price equal to 110.25110.625% of the aggregate principal amount so redeemed, plus accrued and unpaid interest, if any, to the Redemption Date out of the Net Proceeds of one or more Public Equity Offerings; provided that

Appears in 1 contract

Samples: Supplemental Indenture (Ifco Systems Nv)

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