Common use of Payment of Notes Called for Redemption Clause in Contracts

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 7 contracts

Samples: Indenture (Lattice Semiconductor Corp), Lease (Getty Images Inc), Indenture (Conexant Systems Inc)

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Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided below, the Notes or portion of Notes with respect to which called for redemption specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said datefrom the Redemption Date at the rate prescribed in the Notes) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuer at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when delivered, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 6 contracts

Samples: Indenture (Royal Caribbean Cruises LTD), Indenture (Royal Caribbean Cruises LTD), Indenture (Royal Caribbean Cruises LTD)

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided below, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuers shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said datefrom the Redemption Date at the rate prescribed in the Notes) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuers at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when mailed, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 5 contracts

Samples: Senior Indenture (Ardagh Finance Holdings S.A.), Secured Indenture (Ardagh Finance Holdings S.A.), Senior Indenture (Ardagh Finance Holdings S.A.)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest thereon accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest thereon accrued to said date) ), interest on the Notes or portion of Notes so called for redemption shall cease to accrue andaccrue, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock or cash and, except as provided in Sections 8.5 7.6 and 13.412.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest thereon to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the any semi-annual payment of interest becoming due on such the date fixed for redemption shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 5 contracts

Samples: Penn Treaty American (Penn Treaty American Corp), Indenture (Penn Treaty American Corp), Penn Treaty American Corp

Payment of Notes Called for Redemption. (a) If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to to, but excluding, said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedPROVIDED that, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery subject to the holder thereof, at the expense terms and provisions of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forSection 2.3 hereof.

Appears in 4 contracts

Samples: Indenture (Ibasis Inc), Indenture (Ibasis Inc), Indenture (Ibasis Inc)

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided below, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Notes or portion of Notes so called for redemption shall cease to accrue and, after Redemption Date at the close of business on rate prescribed in the Business Day next preceding the date fixed for redemptionNotes), such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuer at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when mailed, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 4 contracts

Samples: Intercreditor Agreement, www.grupocodere.com, www.grupocodere.com

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedprovided above, the Notes or portion portions of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with any interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the such Notes or portion portions of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue. On presentation and surrender of such Notes subject to redemption at a place the Place of payment Payment and in said notice specifiedthe manner specified in such notice, the said such Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided. Any Note that is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, however, that if the applicable redemption date is an interest payment dateCompany or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the semi-annual payment of interest becoming due on holder thereof or such date shall be payable to the holders of holder's attorney duly authorized in writing) and upon such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part onlypresentation, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or NotesNotes of the same series, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Notes principal of the Note so presented. Notwithstanding the foregoingIf a Global Note is so surrendered, the Trustee such new Note so issued shall not redeem any Notes or mail any notice of redemption during the continuance of be a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided fornew Global Note.

Appears in 4 contracts

Samples: Indenture (Bank of America Corp /De/), Indenture (Bank of America Corp /De/), Bank of America Corp /De/

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided below, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Notes or portion of Notes so called for redemption shall cease to accrue and, after Redemption Date at the close of business on rate prescribed in the Business Day next preceding the date fixed for redemptionNotes), such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuer at the applicable redemption price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such or prior to the redemption date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when mailed, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 4 contracts

Samples: Note Accession Agreement (Hungarian Telephone & Cable Corp), Indenture (Hungarian Telephone & Cable Corp), Invitel Holdings a/S

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided herein, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and at Redemption Date (unless the place Company delays such Redemption Date or places stated rescinds such notice of redemption, in each case pursuant to a condition precedent specified in such notice of redemption) at the applicable redemption priceRedemption Price stated therein, together with accrued and unpaid interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company shall default in the payment of such Notes at the redemption priceRedemption Price and accrued and unpaid interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Notes or portion of Notes so called for redemption shall cease to accrue and, after Redemption Date at the close of business on rate prescribed in the Business Day next preceding the date fixed for redemptionNotes), such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest accrued thereon and unpaid interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when mailed or electronically transmitted, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 3 contracts

Samples: Indenture (Sealed Air Corp/De), Indenture (Sealed Air Corp/De), Indenture (Sealed Air Corp/De)

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided above, the Notes or portion of Notes with respect to which called for redemption specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (to, but excluding) the date fixed for redemption, such Redemption Date, and on and after said such date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said datefrom the Redemption Date at the rate prescribed in the Notes) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuer at the applicable redemption priceRedemption Price, together with interest accrued thereon to (interest, if any, to, but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment Redemption Date; provided that installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when delivered, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 3 contracts

Samples: Indenture (Royal Caribbean Cruises LTD), Indenture (Royal Caribbean Cruises LTD), Indenture (Royal Caribbean Cruises LTD)

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided in Section 3.04, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Notes or portion of Notes so called for redemption shall cease to accrue and, after Redemption Date at the close of business on rate prescribed in the Business Day next preceding the date fixed for redemptionNotes), such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuer at the applicable redemption price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such or prior to the redemption date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when mailed, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 3 contracts

Samples: Indenture (Hungarian Telephone & Cable Corp), Invitel Holdings a/S, Invitel Holdings a/S

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided herein, the Notes called for redemption or portion of such Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and at Redemption Date (unless the place Company delays such Redemption Date or places stated rescinds such notice of redemption, in each case pursuant to a condition precedent specified in such notice of redemption) at the applicable redemption priceRedemption Price stated therein, together with accrued and unpaid interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company shall default in the payment of such Notes at the redemption priceRedemption Price and accrued and unpaid interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Notes or portion of Notes so called for redemption shall cease to accrue and, after Redemption Date at the close of business on rate prescribed in the Business Day next preceding the date fixed for redemptionNotes), such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest accrued thereon and unpaid interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when mailed or electronically transmitted, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 3 contracts

Samples: Indenture (Sealed Air Corp/De), Indenture (Sealed Air Corp/De), Sealed Air Corp/De

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to to, but excluding, said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Section 7.1(a), (b) or (d), a Responsible Officer of the Trustee has knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 3 contracts

Samples: Sepracor Inc /De/, Financial Federal Corp, Financial Federal Corp

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided herein, the Notes of the applicable series called for redemption or portion of such Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and at Redemption Date (unless the place Company delays such Redemption Date or places stated rescinds such notice of redemption, in each case pursuant to a condition precedent specified in such notice of redemption) at the applicable redemption priceRedemption Price stated therein, together with accrued and unpaid interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company shall default in the payment of such Notes at the redemption priceRedemption Price and accrued and unpaid interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Redemption Date at the rate prescribed in the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemptionapplicable series), such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note of either series for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest accrued thereon and unpaid interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when mailed or electronically transmitted, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes of either series held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 2 contracts

Samples: Indenture (Sealed Air Corp/De), Indenture (Sealed Air Corp/De)

Payment of Notes Called for Redemption. If notice of -------------------------------------- redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 2 contracts

Samples: Viropharma Inc, Semtech Corp

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption priceRedemption Price, together with interest accrued to (but excluding) the date fixed for redemptionRedemption Date, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption priceRedemption Price, together with interest accrued to said date) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue andaccrue, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 7.05 and 13.412.04, such Notes shall cease from and after the Redemption Date to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price Redemption Price thereof and unpaid interest to (but excluding) the date fixed for redemptionRedemption Date. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest accrued thereon to (but excluding) the date fixed for redemptionRedemption Date; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date or prior to the Redemption Date shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes Sections 2.03 and 2.04 hereof. If any Note called for redemption on shall not be so paid upon surrender thereof for redemption, the principal shall, until paid or duly provided for, bear interest from the Redemption Date at the rate of interest borne by such dateNote until the principal of such Note shall have been paid or duly provided for. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the holder order of the Holder thereof, at the expense of the Company, a new Note or NotesNotes of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 2 contracts

Samples: Magallanes, Inc., Warner Bros. Discovery, Inc.

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedprovided by this Article 3, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest interest, if any, accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest interest, if any, accrued to said date) interest interest, if any, on the Notes or portion portions of Notes so called for redemption shall cease to accrue andaccrue, and such Notes shall cease from and after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, redemption except as provided in Sections 8.5 7.01 and 13.48.04, to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest interest, if any, to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest interest, if any, accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment of interest interest, if any, becoming due on such or prior to the date fixed for redemption shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes Sections 3.03 hereof. If any Note called for redemption on shall not be so paid upon surrender thereof for redemption, the redemption price shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate of interest borne by such dateNote. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the holder order of the Holder thereof, at the expense of the Company, a new Note or Notes, and of like tenor, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 2 contracts

Samples: Citizens Communications Co, Citizens Communications Co

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided herein, the Notes called for redemption or portion of such Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and at Redemption Date (unless the place Issuers delay such Redemption Date or places stated rescinds such notice of redemption, in each case pursuant to a condition precedent specified in such notice of redemption) at the applicable redemption priceRedemption Price stated therein, together with accrued and unpaid interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuers shall default in the payment of such Notes at the redemption priceRedemption Price and accrued and unpaid interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Notes or portion of Notes so called for redemption shall cease to accrue and, after Redemption Date at the close of business on rate prescribed in the Business Day next preceding the date fixed for redemptionNotes), such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuers at the applicable redemption priceRedemption Price, together with interest accrued thereon and unpaid interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when mailed or electronically transmitted, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 2 contracts

Samples: Indenture (Sealed Air Corp/De), Sealed Air Corp/De

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedprovided in Section 12.2, the Notes or portion portions of the Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemptionRedemption Price, and on and after said date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceapplicable Redemption Price) the Original Issue Discount and interest, together with interest accrued to said date) interest if any, on the Notes or portion portions of Notes so called for redemption shall cease to accrue andaccrue, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 6.5 and 13.410.4, such Notes shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionapplicable Redemption Price thereof. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said such Notes or the specified portions thereof shall be paid and redeemed by the Company Issuer at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the NotesRedemption Price. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate yield to maturity borne by the Notes. Upon presentation of any Note redeemed in part only, the Issuer shall execute and such the Trustee shall authenticate and deliver to or on the order of the Holder thereof, at the expense of the Issuer, a new Note shall remain convertible into Common Stock until or Notes, of authorized denominations, in Principal Amount at Maturity equal to the principal and premium, if any, and interest shall have been paid or duly provided forunredeemed portion of the Note so presented.

Appears in 2 contracts

Samples: Indenture (American Portable Telecom Inc), Indenture (Aerial Communications Inc)

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedprovided in Section 3.2, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to to, but excluding, said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Section 7.1(a), (b) or (d), a Responsible Officer of the Trustee has knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 2 contracts

Samples: Indenture (Alkermes Inc), Indenture (Alkermes Inc)

Payment of Notes Called for Redemption. If notice of -------------------------------------- redemption has been given as above provided, the Note, Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest Interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company Issuer shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest Interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue and, and such Notes shall cease from and after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, redemption to be entitled to any benefit or security under this IndentureMaster Loan Agreement, and the holders thereof Holder shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest Interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company Issuer at the applicable redemption price, together with interest Interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if redemption in accordance with the applicable redemption date is an interest payment dateprocedures for the repayment of principal and payment of Interest on Notes of a series as set forth in Section 3.1. For all purposes of this Article Eleven, the semi-annual payment of interest becoming due on such date redemption price for any redemption pursuant to Section 10.1 shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal an amount equal to the unredeemed portion principal amount of the Note or Notes so presentedto be redeemed. Notwithstanding the foregoingFor any other redemption, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance price of a default Note or Notes to be redeemed shall be an amount equal to the principal amount of the Note or Notes to be redeemed, unless a higher amount is specified in payment of interest such Note or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate of interest borne by the Note. Upon presentation of any Note redeemed in part only, the Issuer shall execute and deliver to or on the order of the Holder at the expense of the Issuer, a new Note or Notes of such series, of authorized denominations, in a principal amount equal to the unredeemed portion of the Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forso presented.

Appears in 2 contracts

Samples: Master Loan Agreement (Tycom LTD), Master Loan Agreement (Tycom LTD)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with and interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with price and interest accrued to to, but excluding, said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after and such Notes shall cease at the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with price and interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable redemption date is an interest payment dateInterest Payment Date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Section 7.1(a), a Responsible Officer of the Trustee has actual knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Rockford Corp), Rockford Corp

Payment of Notes Called for Redemption. If notice of -------------------------------------- redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to to, but excluding, said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable -------- redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Section 7.1(a), (b) or (e), a Responsible Officer of the Trustee has actual knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 2 contracts

Samples: E Trade Group Inc, E Trade Group Inc

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided in Section 3.4, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in therein (unless such notice at the applicable of redemption priceor redemption was subject to one or more conditions precedent), together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Notes or portion of Notes so called for redemption shall cease to accrue and, after Redemption Date at the close of business on rate prescribed in the Business Day next preceding the date fixed for redemptionNotes), such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuer at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when mailed, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 2 contracts

Samples: Indenture (FTS International, Inc.), Indenture (FTS International, Inc.)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue andaccrue, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 Section 4.03, such Notes shall cease from and 13.4, after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest and Additional Amounts to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable . If any Note called for redemption date is an interest payment dateshall not be so paid upon surrender thereof for redemption, the semi-annual payment principal shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate of interest becoming due on borne by such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such dateNote. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the holder order of the Holder thereof, at the expense of the Company, a new Note or NotesNotes of such series, of authorized denominationsAuthorized Denominations, in principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 2 contracts

Samples: Indenture (Fidelis Insurance Holdings LTD), Indenture (Watford Holdings Ltd.)

Payment of Notes Called for Redemption. If Save to the extent that any redemption is conditional on any event or condition specified in the notice related thereto, once notice of redemption has been given as above providedin the manner provided below, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Notes or portion of Notes so called for redemption shall cease to accrue and, after Redemption Date at the close of business on rate prescribed in the Business Day next preceding the date fixed for redemptionNotes), such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuer at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when mailed or published, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 2 contracts

Samples: Indenture (InterXion Holding N.V.), Indenture (InterXion Holding N.V.)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 8.05 and 13.413.04, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 2 contracts

Samples: Kulicke and Soffa (Kulicke & Soffa Industries Inc), Indenture (Mentor Graphics Corp)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest thereon accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest thereon accrued to said date) ), interest on the Notes or portion of Notes so called for redemption shall cease to accrue andaccrue, after the close of business on the Business Day next preceding the date fixed for redemption, and such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 7.5 and 13.4, 12.3 to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest thereon to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the any semi-annual payment of interest becoming due on such the date fixed for redemption shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forNote.

Appears in 2 contracts

Samples: Royal Aloha Development Co, Royal Aloha Development Co

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedprovided by this Article 3, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption priceRedemption Price, together with interest interest, if any, accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption priceRedemption Price, together with interest interest, if any, accrued to said date) interest interest, if any, on the Notes or portion portions of Notes so called for redemption shall cease to accrue andaccrue, and such Notes shall cease from and after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4herein, to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price Redemption Price thereof and unpaid interest interest, if any, to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest interest, if any, accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment of interest interest, if any, becoming due on such or prior to the date fixed for redemption shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead Record Date subject to the terms and provisions of the holders surrendering such Notes this Section 3.03. If any Note called for redemption on shall not be so paid upon surrender thereof for redemption, the Redemption Price shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate of interest borne by such dateNote. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the holder order of the Holder thereof, at the expense of the Company, a new Note or Notes, and of like tenor, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 2 contracts

Samples: Eastman Chemical Co, Eastman Chemical Co

Payment of Notes Called for Redemption. (a) If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemptionredemption and any Additional Amounts, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said datedate and any Additional Amounts) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemptionexcept as provided in Sections 5.5 and 9.4, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 from and 13.4, after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest accrued to (but excluding) the date fixed for redemptionredemption and any Additional Amounts. On presentation and surrender surrender, pursuant to the terms of such Notes, of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemptionredemption and any Additional Amounts; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual any payment of interest becoming due on such the date fixed for redemption and any Additional Amounts shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery subject to the holder thereof, at the expense terms and provisions of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forSection 2.8.

Appears in 2 contracts

Samples: Grupo Financiero Galicia Sa, Grupo Financiero Galicia Sa

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided below, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date, subject to satisfaction of any conditions precedent specified in the notice of redemption, at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuers shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said datefrom the Redemption Date at the rate prescribed in the Notes) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuers at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when mailed, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 2 contracts

Samples: Indenture (Digicel MidCo LTD), Indenture (Transact LTD)

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedprovided in Section 3.2, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest thereon accrued to (but excluding) the date fixed for redemptionredemption and any Make-Whole Payment, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest thereon accrued to said date) date and any Make-Whole Payment), interest on the Notes or portion of Notes so called for redemption shall cease to accrue andaccrue, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 7.6 and 13.412.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest thereon to (but excluding) the date fixed for redemptionredemption and any Make-Whole Payment. On presentation and surrender of such Notes at a the place of payment specified in said notice specifiedthe notice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemptionredemption and any Make-Whole Payment; provided, however, provided that if the applicable redemption date is an interest payment date, the any semi-annual payment of interest becoming due on such the date fixed for redemption shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 2 contracts

Samples: Indenture (Netbank Inc), Indenture (Computer Network Technology Corp)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company Issuer shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 6.05 of the Indenture and 13.410.04 of the Indenture, to be entitled to any benefit or security under this the Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company Issuer at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company Issuer shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the CompanyIssuer, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 2 contracts

Samples: Nvidia Corp/Ca, Nvidia Corp/Ca

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided below, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date, subject to satisfaction of any conditions precedent specified in the notice of redemption, at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said datefrom the Redemption Date at the rate prescribed in the Notes) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuer at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when mailed, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 2 contracts

Samples: Digicel Group LTD, Digicel Pacific LTD

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the redemption date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Sections 7.1(a) or 7.1(b), a Responsible Officer of the Trustee has knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 2 contracts

Samples: Indenture (Telxon Corp), Indenture (Telxon Corp)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemptionexcept as provided in Section 5.05 and Section 11.06, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 from and 13.4, after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the any semi-annual payment of interest becoming due on such or prior to the date fixed for redemption shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery Regular Record Date subject to the holder thereof, at the expense terms and provisions of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.Section 2.04

Appears in 2 contracts

Samples: Williams Communications Group Inc, Williams Communications Group Inc

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedprovided in Section 3.01, and if the conditions, if any, for the redemption have been satisfied, the Notes or portion portions of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places address of the paying agent stated in such notice at the applicable redemption price, together with any interest accrued to (but excluding) the date fixed for redemptionRedemption Date, and on and after said date (unless the Company shall default in the payment of such Notes at the applicable redemption price, together with any interest accrued to said date) any interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue. On presentation and surrender of such Notes at a place the address of payment the paying agent in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with any interest accrued thereon to (but excluding) the date fixed for redemption; providedRedemption Date. Any Note that is to be redeemed only in part shall be surrendered to the paying agent with, however, that if the applicable redemption date is an interest payment dateCompany, the semi-annual payment Registrar, or the Trustee so requires, due endorsement by, or a written instrument of interest becoming due on such date shall be payable transfer in form satisfactory to the holders of such Notes registered as such on Company, the relevant record date instead of Registrar, and the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed Trustee duly executed by, the Holder thereof or his attorney duly authorized in part onlywriting, and the Company shall execute execute, and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense Holder of the Companysuch Note without service charge, a new Note or Notes, Notes of any authorized denominations, denomination as requested by such Holder in aggregate principal amount equal to and in exchange for the unredeemed portion of the Notes principal of the Note so presented. Notwithstanding surrendered; except that if a Global Note is so surrendered, the foregoingCompany shall execute, and the Trustee shall not redeem any Notes or mail any notice authenticate and deliver to the Depositary for such Global Note, without service charge, a new Global Note in a denomination equal to and in exchange for the unredeemed portion of redemption during the continuance principal of the Global Note so surrendered. In the case of a default Note providing appropriate space for such notation, at the option of the Holder thereof, the Trustee, in lieu of delivering a new Note or Notes as aforesaid, may make a notation on such Note of the payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forredeemed portion thereof.

Appears in 2 contracts

Samples: Indenture (EnLink Midstream Partners, LP), Indenture (EnLink Midstream, LLC)

Payment of Notes Called for Redemption. (a) If notice of redemption any Redemption Notice has been given as above providedin respect of the Notes in accordance with Section 9.02, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and Redemption Date at the place or places stated in such notice the Redemption Notice and at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionRedemption Price. On presentation and surrender of such the Notes at a the place of payment or places stated in said notice specifiedthe Redemption Notice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price. (b) Prior to 10:00 a.m., together New York City time, on the Redemption Date, the Company shall deposit with interest accrued thereon the Paying Agent or, if the Company or a Subsidiary of the Company is acting as the Paying Agent, shall segregate and hold in trust as provided in Section 4.04 an amount of cash (in immediately available funds if deposited on the Redemption Date), sufficient to (but excluding) pay the date fixed for redemptionRedemption Price of all of the Notes to be redeemed on such Redemption Date; provided, however, that if to the extent any such deposit is received by the Trustee (or applicable redemption date is an interest payment Paying Agent) after 10:00 a.m., New York City time on any such due date, such deposit will be deemed deposited on the semi-annual next Business Day. Subject to receipt of funds by the Paying Agent, payment of interest becoming due on such date for the Notes to be redeemed shall be payable made on the Redemption Date for such Notes. The Paying Agent shall, promptly after such payment and upon written demand by the Company, return to the holders of such Notes registered as such on the relevant record date instead Company any funds in excess of the holders surrendering such Notes for redemption on such dateRedemption Price and any amounts due and owing to the Trustee or Paying Agent. (c) Upon presentation surrender of any a Note that is to be redeemed in part onlypursuant to this Article 9, the Company shall execute and upon receipt of a Company Order the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, Holder a new Note or Notes, of in an authorized denominations, denomination equal in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoingNote surrendered, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in without payment of interest or premium, if any, on the Notesany service charge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.Section 9.04

Appears in 1 contract

Samples: Indenture (Hope Bancorp Inc)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemptionredemption and, with respect to the Notes called for Provisional Redemption (including Notes converted into Common Stock pursuant to the terms hereof after the Notice Date and prior to the Provisional Redemption Date), the Additional Payment, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 Section 8.05 and 13.4Section 13.04, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specifiedredemption and, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable respect to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible Provisional Redemption (including Notes converted into Common Stock until pursuant to the principal terms hereof after the Notice Date and premiumprior to the Provisional Redemption Date), if any, and interest shall have been paid or duly provided for.the Additional

Appears in 1 contract

Samples: LTX Corp

Payment of Notes Called for Redemption. If notice of -------------------------------------- redemption has been given as above providedin the manner provided above, and unless such redemption is conditioned upon a subsequent event, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued and Additional Interest, if any, to (but excluding) the date fixed for redemptionsuch Redemption Date, and so long as the Company has deposited with the Paying Agent funds in satisfaction of the Redemption Price pursuant to the terms of this Indenture on and after said such date (unless the Company shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest and Additional Interest, together with if any, to the Redemption Date, in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Notes or portion of Notes so called for redemption shall cease to accrue and, after Redemption Date at the close of business on rate prescribed in the Business Day next preceding the date fixed for redemptionNotes), such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forRegular Record Date.

Appears in 1 contract

Samples: Manitowoc Co Inc

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest thereon accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest thereon accrued to said date) ), interest on the Notes or portion of Notes so called for redemption shall cease to accrue andaccrue, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 7.6 and 13.412.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest thereon to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (Adaptec Inc)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which such notice has been given shall, unless theretofore converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption priceRedemption Price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption priceRedemption Price, together with interest accrued to said date) Original Issue Discount and interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price Redemption Price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the any semi-annual payment of interest becoming due on such the date fixed for redemption shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.2 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount at maturity equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of principal amount at maturity, Redemption Price, Fundamental Change Repurchase Price or interest in respect of the Notes or premium, if any, on the Notesof any Event of Default. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premiumRedemption Price and, to the extent legally permitted, interest, if any, in respect thereof shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.duly

Appears in 1 contract

Samples: Corestaff Inc

Payment of Notes Called for Redemption. Deposit of -------------------------------------------------- Redemption Price. If notice of redemption has shall have been given as above providedprovided ---------------- above, the such Notes or portion portions of Notes with respect to which such notice has been given called for redemption shall, unless theretofore converted into Common Stock pursuant to the terms hereofas provided in Article Four, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption priceRedemption Price, together with interest accrued and unpaid to (but excluding) the date fixed for redemption, and on . On and after said such date (unless fixed for redemption, provided that the Company shall default in have deposited prior to such date fixed for redemption the payment of such Notes at amount sufficient to pay the redemption price, Redemption Price together with interest accrued and unpaid to said date) the date fixed for redemption in accordance with Section 3.02, interest on the Notes or portion of Notes portions thereof so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 8.05 and 13.413.04, such Notes or portions thereof shall be deemed not to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes Indenture except the right to receive payment of the redemption price thereof Redemption Price, together with interest accrued and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a such place of payment in said such notice specified, provided that the said Company shall have deposited prior to such date fixed for redemption the amount sufficient to pay the Redemption Price together with interest accrued and unpaid to the date fixed for redemption in accordance with Section 3.02, such Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest accrued thereon and unpaid to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the any semi-annual -------- ------- payment of interest becoming due on such the date fixed for redemption shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such datesection 2.03 hereof. Upon presentation surrender of any Note redeemed in part only, the Company shall execute and the Trustee shall register or cause to be registered on the Register and shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, deliver a new Note or Notes, Notes of authorized denominations, denominations in aggregate principal amount equal to the unredeemed portion of the Notes Note so presentedsurrendered. Notwithstanding the foregoing, the The Trustee shall not redeem any Notes or mail any notice of redemption of Notes during the continuance of a default in payment any Event of interest or premiumDefault known to it, if anyexcept that where notice of redemption of any Notes theretofore has been mailed, on the Trustee, subject to the provisions of Article Ten, shall redeem such Notes; provided, -------- however, that funds have theretofore been deposited with it for such purpose. ------- If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for. Any cash deposited in respect of Notes to be redeemed that are thereafter converted as provided in Article Four shall be returned to the Company as promptly as practicable after the date fixed for redemption.

Appears in 1 contract

Samples: Emc Corp

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the (but excluding) date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; providedPROVIDED that, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Sections 7.1(a) or 7.1(b), a Responsible Officer of the Trustee has knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (National Semiconductor Corp)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue andaccrue, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 Section 6.5 and 13.4Section 10.4, such Notes shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, appertaining thereto maturing after the date fixed for redemption, said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such or prior to the date fixed for redemption shall be payable in the case of Registered Notes, to the holders Holder of such Registered Notes registered as such on the relevant record date instead date, subject to the terms and provisions of Section 2.6 hereof. If the holders surrendering such Notes Company fails to deposit the funds for redemption on with the Trustee and any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate of interest borne by such dateNote. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the holder order of the Holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Quadramed Corp

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption Redemption Date and at the place or places stated in such notice at the applicable redemption priceRedemption Price, together with interest Interest accrued to (but excluding) the date fixed for redemptionRedemption Date, and on and after said date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceRedemption Price, together with interest Interest accrued to said date) interest Interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemptionexcept as provided in Sections 6.05 and 10.04, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 from and 13.4, after the Redemption Date to be entitled to any benefit or security under this Indenture, and the holders Noteholders thereof shall have no right in respect of such Notes except the right to receive the redemption price Redemption Price thereof and unpaid interest Interest to (but excluding) the date fixed for redemptionRedemption Date. On presentation and surrender of such Notes at a place of payment in said notice specifiedthe Redemption Date, the said Notes or the specified portions thereof shall be paid and redeemed by the Company Issuer at the applicable redemption priceRedemption Price, together with interest Interest accrued thereon to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment of interest Interest becoming due on such date or prior to the Redemption Date shall be payable in the case of Registered Notes, to the holders Noteholders of such Registered Notes registered as such on the relevant record date instead Record Date subject to the terms and provisions of the holders surrendering such Notes Sections 2.03 and 2.08 hereof. If any Note called for redemption on shall not be so paid, the principal shall, until paid or duly provided for, bear Interest from the Redemption Date at the Interest Rate or Yield to Maturity (in the case of an Original Issue Discount Note) borne by such dateNote. Upon presentation If requested by the Noteholder of any Note redeemed in part only, the Company Issuer shall execute and and, upon written request of the Issuer, the Indenture Trustee shall authenticate and make available for delivery deliver to or on the holder order of the Noteholder thereof, at the expense of the CompanyIssuer, a new Note or NotesNotes of such Series, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (Latam Airlines Group S.A.)

Payment of Notes Called for Redemption. If notice of redemption has been given as above herein provided, the Notes or portion portions of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption priceRedemption Price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes or portions thereof at the redemption priceRedemption Price, together with interest accrued to said date) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue andaccrue, after the close of business on the Business Day next preceding the date fixed for redemption, and such Notes and portions of Notes shall cease be deemed not to be convertible into Common Stock and, except as provided in Sections 8.5 Outstanding hereunder and 13.4, to shall not be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes Indenture except the right to receive payment of the redemption price thereof and unpaid Redemption Price, together with accrued interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a the place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment any installments of interest becoming due on such or prior to the date fixed for redemption shall be payable to the holders Holders of such Notes, or one or more previous Notes evidencing all or a portion of the same debt as that evidenced by such particular Notes, registered as such on the relevant record date instead dates according to their terms and the provisions of the holders surrendering such Notes for redemption on such dateSection 3.08. Upon presentation and surrender of any Note redeemed in part only, with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or such Xxxxxx’s attorney duly authorized in writing, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder Holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion Notes of the Notes so presented. Notwithstanding same series having the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of same interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal rate and premium, if any, shall, until paid or duly provided for, bear Stated Maturity and bearing interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.21 28819972

Appears in 1 contract

Samples: Indenture (Conifer Holdings, Inc.)

Payment of Notes Called for Redemption. If notice of redemption -------------------------------------- has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into cash or Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Riverstone Networks Inc

Payment of Notes Called for Redemption. If notice of redemption -------------------------------------- has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: At Home Corp

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to to, but excluding said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the fifth Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Section 7.1(a) or (b), a Responsible Officer of the Trustee has knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.Note

Appears in 1 contract

Samples: S3 Inc

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemptionredemption price, together with interest accrued to the date fixed for redemption and any Additional Amounts, and on and after said date (unless the Company Issuer shall default in the payment of such Notes at the redemption price, together with interest accrued to said datedate and any Additional Amounts) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemptionexcept as provided in Sections 5.5. and 8.4., such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 from and 13.4, after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest accrued to (but excluding) the date fixed for redemptionredemption and any Additional Amounts. On presentation and surrender surrender, pursuant to the terms of such Notes, of such Notes at a place of p payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company Issuer at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemptionredemption and any Additional Amounts; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual any payment of interest becoming due on such the date fixed for redemption and any Additional Amounts shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of Section 2.4. From and after the redemption date, if moneys for the redemption of the holders surrendering such Notes called for redemption shall have been made available as provided herein for redemption on the redemption date, such date. Upon presentation of any Note redeemed in part onlyNotes shall cease to bear interest, the Company shall execute and the Trustee only right of the Holders of such Notes shall authenticate be to receive payment of the redemption price and make available for delivery all unpaid interest accrued to the holder thereof, at the expense date of the Company, a new Note or Notes, of authorized denominations, in principal amount equal redemption and any Additional Amounts. Notwithstanding any provision to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default contrary in payment of interest or premiumthis Section 9.2., if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by specified in the Note. Upon presentation of any Note redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and deliver to or on the order of the Holder thereof, at the expense of the Issuer, a New Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forso presented.

Appears in 1 contract

Samples: Indenture (Metrogas Inc)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said such date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said such date) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue andaccrue, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 Section 7.09 and 13.4Section 8.02, such Notes shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such or prior to the date fixed for redemption, shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes Section 2.01 and Section 2.14 hereof. If any Note called for redemption on shall not be so paid upon surrender thereof for redemption, the Principal shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate of interest borne by such dateNote. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the holder order of the Holder thereof, at the expense of the Company, a new Note or NotesNotes of such Series and of such tenor, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (Aes Corporation)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest thereon accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest thereon accrued to said date) ), interest on the Notes or portion of Notes so called for redemption shall cease to accrue andaccrue, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 7.6 and 13.412.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest thereon to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the any semi-annual payment of interest becoming due on such the date fixed for redemption shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (Rac Financial Group Inc)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemptionredemption and any Additional Amounts, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said datedate and any Additional Amounts) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemptionexcept as provided in Sections 5.5 and 8.4, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 from and 13.4, after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest accrued to (but excluding) the date fixed for redemptionredemption and any Additional Amounts. On presentation and surrender surrender, pursuant to the terms of such Notes Notes, at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemptionredemption and any Additional Amounts; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual any payment of interest becoming due on such the date fixed for redemption and any Additional Amounts shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of Section 2.5. From and after the redemption date, if moneys for the redemption of the holders surrendering such Notes called for redemption shall have been made available as provided herein for redemption on the redemption date, such dateNotes shall cease to bear interest, and the only right of the Holders of such Notes shall be to receive payment of the redemption price and all unpaid interest accrued to the date of redemption and any Additional Amounts. Notwithstanding any provision to the contrary in this Section 9.2, if any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate specified in the Note. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the holder order of the Holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (Telefonica of Argentina Inc)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to to, but excluding, said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of Section 2.3 hereof, and with respect to a provisional redemption, the holder of any Notes converted into Common Stock pursuant to the terms hereof after the provisional redemption notice date and prior to the provisional redemption date shall have the right to the Make-Whole Payment regardless of the holders surrendering such Notes for redemption on such dateconversion. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Cephalon Inc

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and, with respect to the Notes called for Provisional Redemption (including Notes converted into Common Stock pursuant to the terms hereof after the Notice Date and prior to the Provisional Redemption Date), the Additional Payment, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 Section 8.05 and 13.4Section 13.04, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption, and, with respect to the Notes called for Provisional Redemption (including Notes converted into Common Stock pursuant to the terms hereof after the Notice Date and prior to the Provisional Redemption Date), the Additional Payment. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption, and, with respect to the Notes called for Provisional Redemption (including Notes converted into Common Stock pursuant to the terms hereof after the Notice Date and prior to the Provisional Redemption Date), the Additional Payment; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any (including the Additional Payment, if any), on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any (including the Additional Payment, if any), shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any (including the Additional Payment, if any), and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Globespan Inc/De

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with and interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with price and interest accrued to to, but excluding, said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after and such Notes shall cease at the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 8.5, 13.4 and 13.417.5, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with price and interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable redemption date is an interest payment dateInterest Payment Date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3. Upon presentation of any Note redeemed in part onlyonly (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his Attorney duly authorized in writing), the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder Holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which a Responsible Officer of the Trustee has actual knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (RCN Corp /De/)

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided below, the Notes or portion of Notes with respect to which called for redemption specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said datefrom the Redemption Date at the rate prescribed in the Notes) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuer at the applicable redemption priceRedemption Price, together with interest accrued thereon to (interest, if any, to, but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment datenot including, the semi-annual payment Redemption Date; provided that installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when delivered, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 1 contract

Samples: Indenture (Lindblad Expeditions Holdings, Inc.)

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided in Section 3.04, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuers shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said datefrom the Redemption Date at the rate prescribed in the Notes) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuers at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when mailed, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such datenotice was properly given. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.​ ​

Appears in 1 contract

Samples: Indenture (Ardagh Group S.A.)

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedprovided above, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemptionRedemption Date, and on and after said date (unless the Company Issuer shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemptionexcept as provided in Subclauses 5.5 and 9.5, such Notes shall cease cease, from and after the fifth Business Day prior to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4the Redemption Date, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right rights in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionRedemption Date. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company Issuer at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemptionRedemption Date; provided, however, that if the applicable redemption date is an interest payment date, the semi-any semi annual payment of interest becoming due on such date the Redemption Date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes Subclause 2.4 hereof. If any Note called for redemption on such dateshall not be so paid upon surrender thereof for redemption, the principal shall, until paid or duly provided for, bear interest from the Redemption Date at the rate borne by the Note. Upon presentation of any Note redeemed in part only, the Company shall Issuer will execute and the Trustee shall Agent will authenticate and make available for delivery deliver to or on the holder order of the Holder thereof, at the expense of the CompanyIssuer, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: www.imperialbrandsplc.com

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said such date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said such date) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue andaccrue, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 Section 7.09 and 13.4Section 8.02, such Notes shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such or prior to the date fixed for redemption, shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes Section 2.01 and Section 2.14 hereof. If any Note called for redemption on shall not be so paid upon surrender thereof for redemption, the principal shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate of interest or Yield to Maturity (in the case of an Original Issue Discount Note) borne by such dateNote. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the holder order of the Holder thereof, at the expense of the Company, a new Note or NotesNotes of such tenor, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Senior Indenture (Aes Corporation)

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Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue andaccrue, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 Section 5.03, such Notes shall cease from and 13.4, after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest and Additional Amounts to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable . If any Note called for redemption date is an interest payment dateshall not be so paid upon surrender thereof for redemption, the semi-annual payment principal shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate of interest becoming due on borne by such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such dateNote. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the holder order of the Holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominationsAuthorized Denominations, in principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (Fidelis Insurance Holdings LTD)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead of the holders Holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder Holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (Spectrasite Holdings Inc)

Payment of Notes Called for Redemption. If notice of redemption an Optional Note Redemption Notice has been given as above providedprovided in Section 12.02, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice Optional Note Redemption Notice at the applicable redemption price, together with interest accrued Redemption Price payable pursuant to (but excluding) the date fixed for redemptionSection 12.01 and Section 12.02, and on and after said date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceRedemption Price, together with interest accrued but unpaid to said datedate and any other amounts payable pursuant to Section 12.01) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after except as provided in Article IV of the close of business on the Business Day next preceding the date fixed for redemptionStandard Indenture Provisions, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 from and 13.4, after the Optional Note Redemption Date to be entitled to any benefit or security under this Indenture, and the holders thereof Noteholders shall have no right in respect of such Notes except the right to receive the redemption price thereof and Redemption Price with respect to each Note held, accrued but unpaid interest to (but excluding) the date fixed for redemptionredemption and any other amounts payable pursuant to Section 12.01. On presentation and surrender of such The Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company Issuer at the applicable redemption priceRedemption Price, together with interest accrued but unpaid thereon to (but excluding) the date fixed for redemptionOptional Note Redemption Date and any amounts payable pursuant to Section 12.01; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual any payment of interest becoming due on such date the Optional Note Redemption Date shall be payable to the registered holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery subject to the holder thereof, at the expense terms and provisions of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the NotesSection 2.06. If any Note called for redemption pursuant to Section 12.01 shall not be so paid upon surrender thereof for redemption, the principal and principal, premium, if any, and interest shall, until paid or duly provided for, bear interest from the date fixed for redemption Optional Note Redemption Date at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forInterest Rate.

Appears in 1 contract

Samples: Terms Indenture (Fund America Investors Corp Ii)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and, with respect to the Notes called for Provisional Redemption (including Notes converted into Common Stock pursuant to the terms hereof after 28 40 the Notice Date and prior to the Provisional Redemption Date), the Additional Payment, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionredemption and, with respect to the Notes called for Provisional Redemption (including Notes converted into Common Stock pursuant to the terms hereof after the Notice Date and prior to the Provisional Redemption Date), the Additional Payment. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemptionredemption and, with respect to the Notes called for Provisional Redemption (including Notes converted into Common Stock pursuant to the terms hereof after the Notice Date and prior to the Provisional Redemption Date), the Additional Payment; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any (including the Additional Payment, if any), shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any (including the Additional Payment, if any), and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (Imclone Systems Inc/De)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default defaults in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Please Insert Social Security (Brocade Communications Systems Inc)

Payment of Notes Called for Redemption. If notice of -------------------------------------- redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.413.5, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the any -------- semi-annual payment of interest becoming due on such the date fixed for redemption shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Section 7.1(a) or (b), a Responsible Officer of the Trustee has knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal of and premium, if any, on such Notes shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note Notes and such Note shall remain convertible into Common Stock until the principal of and premium, if any, and interest on such Notes shall have been paid or duly provided for.

Appears in 1 contract

Samples: Park Electrochemical Corp

Payment of Notes Called for Redemption. If -------------------------------------- notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless exchanged for Preferred Stock or converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest thereon accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest thereon accrued to said date) ), interest on the Notes or portion of Notes so called for redemption shall cease to accrue andaccrue, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be exchangeable for Preferred Stock or convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest thereon to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the any semi-annual payment of interest becoming due on such the date fixed for redemption shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Section 7.1(a) or (b), a Responsible Officer of the Trustee has knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain exchangeable for Preferred Stock and convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tribune Co)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which such notice has been given shall, unless theretofore converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption priceRedemption Price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption priceRedemption Price, together with interest accrued to said date) Original Issue Discount and interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 8.05 and 13.413.04, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price Redemption Price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, PROVIDED that if the applicable redemption date is an interest payment date, the any semi-annual payment of interest becoming due on such the date fixed for redemption shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.03 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount at maturity equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest principal amount at maturity, Issue Price, accrued Original Issue Discount, Redemption Price, Fundamental Change Redemption Price or premiuminterest, if any, on in respect of the NotesNotes or of any Event of Default. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premiumRedemption Price and, to the extent legally permitted, interest, if any, in respect thereof shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note (giving effect to accrual of Original Issue Discount) and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest Redemption Price shall have been paid or duly provided for.

Appears in 1 contract

Samples: Conformed Copy (Chiron Corp)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless exchanged for Preferred Stock or converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest thereon accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest thereon accrued to said date) ), interest on the Notes or portion of Notes so called for redemption shall cease to accrue andaccrue, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be exchangeable for Preferred Stock or convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest thereon to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the any semi-annual payment of interest becoming due on such the date fixed for redemption shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Section 7.1(a) or (b), a Responsible Officer of the Trustee has knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain exchangeable for Preferred Stock and convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Securities Purchase Agreement (Softkey International Inc)

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided below, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said datefrom the Redemption Date at the rate prescribed in the Notes) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuer at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date for the applicable series of Notes. Notice of redemption shall be deemed to be given when delivered, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 1 contract

Samples: Supplemental Indenture (Norwegian Cruise Line Holdings Ltd.)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with and interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with price and interest accrued to to, but excluding, said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with price and interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Section 7.1(a), (b) or (d), a Responsible Officer of the Trustee has actual knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Dave & Busters Inc

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedprovided by this Article 3, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest interest, if any accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest interest, if any, accrued to said date) interest interest, if any, on the Notes or portion portions of Notes so called for redemption shall cease to accrue andaccrue, and such Notes shall cease from and after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, redemption except as provided in Sections 8.5 7.01 and 13.48.04, to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest interest, if any, to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest interest, if any, accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment of interest interest, if any, becoming due on such or prior to the date fixed for redemption shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery subject to the holder thereof, at the expense terms and provisions of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the NotesSections 3.03 hereof. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, redemption price shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate of interest borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forNote.

Appears in 1 contract

Samples: Indenture (Citizens Communications Co)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption priceRedemption Price, together with interest accrued to (but excluding) the date fixed for redemptionRedemption Date, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption priceRedemption Price, together with interest accrued to said date) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue andaccrue, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 7.05 and 13.412.04, such Notes shall cease from and after the Redemption Date to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price Redemption Price thereof and unpaid interest to (but excluding) the date fixed for redemptionRedemption Date. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest accrued thereon to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date or prior to the Redemption Date shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes Section 2.03 hereof. If any Note called for redemption on shall not be so paid upon surrender thereof for redemption, the principal shall, until paid or duly provided for, bear interest from the Redemption Date at the rate of interest borne by such dateNote until the principal of such Note shall have been paid or duly provided for. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the holder order of the Holder thereof, at the expense of the Company, a new Note or NotesNotes of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (Regal Rexnord Corp)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, price together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, price together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 8.05 and 13.413.04, to be entitled to any benefit or security under this Indenture, ---- ----- and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and thereof, and, unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, price together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due payable on such interest payment date shall be payable to the holders of record of such Notes registered as such on the relevant applicable record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (Axcelis Technologies Inc)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, subject to Section 3.1 with respect to any Equity Conditions Failure, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with and interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with price and interest accrued to to, but excluding, said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after and such Notes shall cease at the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with price and interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable redemption date is an interest payment dateInterest Payment Date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee Company shall not redeem any Notes or mail any notice of redemption Redemption Notice during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default or after the earlier of the occurrence or the public announcement of a Repurchase Event until such time as such Repurchase Event is consummated. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Electroglas Inc

Payment of Notes Called for Redemption. If -------------------------------------- notice of redemption has been given as above providedin the manner provided above, and unless such redemption is conditioned upon a subsequent event, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued and Liquidated Damages, if any, to (but excluding) the date fixed for redemptionsuch Redemption Date, and so long as the Company has deposited with the Paying Agent funds in satisfaction of the Redemption Price pursuant to the terms of this Indenture on and after said such date (unless the Company shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest and Liquidated Damages, together with if any, to the Redemption Date, in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Notes or portion of Notes so called for redemption shall cease to accrue and, after Redemption Date at the close of business on rate prescribed in the Business Day next preceding the date fixed for redemptionNotes), such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forRegular Record Date.

Appears in 1 contract

Samples: Sola International Inc

Payment of Notes Called for Redemption. If notice of -------------------------------------- redemption has been given as above providedin the manner provided above, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued and unpaid interest accrued and Liquidated Damages, if any, to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company shall default in the payment of such Notes at the redemption priceRedemption Price and accrued and unpaid interest and Liquidated Damages, together with if any, to the Redemption Date, in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Redemption Date at the rate prescribed in the Notes or portion of Notes so called for redemption and Liquidated Damages, if any, shall cease continue to accrue and, after the close of business on the Business Day next preceding the date fixed for redemptionaccrue), such Notes shall cease to be convertible into Common Stock andaccrue interest and Liquidated Damages, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionif any. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with accrued and unpaid interest accrued thereon and Liquidated Damages, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due and Liquidated Damages whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead of Regular Record Date; provided, further, that if a Redemption Date is after a Regular Record Date and on or prior to the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part onlyrelevant Interest Payment Date, the Company shall execute accrued interest and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premiumLiquidated Damages, if any, will be payable to the Holder of the redeemed Notes registered on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forrelevant Regular Record Date.

Appears in 1 contract

Samples: Omnipoint Corp \De\

Payment of Notes Called for Redemption. If the giving of notice of redemption has shall have been given completed as above provided, the Notes or portion portions of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said such date of redemption (unless the Company shall make default in the payment of such Notes at the redemption price, together with interest accrued thereon to said datethe date fixed for redemption) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue andaccrue, after the close of business on the Business Day next preceding the date fixed for redemption, and such Notes and portions of Notes shall cease be deemed not to be convertible into Common Stock and, except as provided in Sections 8.5 outstanding hereunder and 13.4, to shall not be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes Indenture except the right to receive payment of the redemption price thereof and unpaid price, together with accrued interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a said place of payment in said notice specified, the said such Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note which is redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, Notes of authorized denominations, denominations in principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Homeplex Mortgage Investments Corp

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion portions of Notes with respect to which such notice has been given shall, unless theretofore converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next immediately preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable date fixed for redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (Cke Restaurants Inc)

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedprovided in Section 3.2, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest thereon accrued to (but excluding) the date fixed for redemptionredemption and any Make-Whole Payment, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest thereon accrued to said date) date and any Make-Whole Payment), interest on the Notes or portion of Notes so called for redemption shall cease to accrue andaccrue, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 7.6 and 13.412.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest thereon to (but excluding) the date fixed for redemptionredemption and any Make-Whole Payment. On presentation and surrender of such Notes at a the place of payment specified in said notice specifiedthe notice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemptionredemption and any Make-Whole Payment; provided, however, PROVIDED that if the applicable redemption date is an interest payment date, the any semi-annual payment of interest becoming due on such the date fixed for redemption shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (Netbank Inc)

Payment of Notes Called for Redemption. If notice of redemption -------------------------------------- has been given as above providedin the manner provided under Section 3.4, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued and unpaid interest accrued and Liquidated Damages, if any, to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company shall default in the payment of such Notes at the redemption priceRedemption Price and accrued and unpaid interest and Liquidated Damages, together with if any, to the Redemption Date, in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Redemption Date at the rate prescribed in the Notes or portion of Notes so called for redemption and Liquidated Damages, if any, shall cease continue to accrue and, after the close of business on the Business Day next preceding the date fixed for redemptionaccrue), such Notes shall cease to be convertible into Common Stock andaccrue interest and Liquidated Damages, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionif any. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with accrued and unpaid interest accrued thereon and Liquidated Damages, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due and Liquidated Damages whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead of Regular Record Date; provided, further, that if a Redemption Date is after a Regular Record Date and on or prior to the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part onlyrelevant Interest Payment Date, the Company shall execute accrued interest and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premiumLiquidated Damages, if any, will be payable to the Holder of the redeemed Notes registered on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forrelevant Regular Record Date.

Appears in 1 contract

Samples: Omnipoint Corp \De\

Payment of Notes Called for Redemption. If notice of -------------------------------------- redemption has been given as above providedto Holders in the manner provided above, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become irrevocably due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said date any such Redemption Date (unless the Company shall default in the payment of Notes to be redeemed on such Notes date at the redemption priceRedemption Price, together with plus accrued interest accrued to said date) the Redemption Date, in which case the principal, until paid, shall bear interest on from the Notes or portion of Notes so called for redemption shall cease to accrue and, after Redemption Date at the close of business on rate prescribed in the Business Day next preceding the date fixed for redemptionNotes), such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with plus accrued interest accrued thereon to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forRegular Record Date.

Appears in 1 contract

Samples: Earthwatch Inc

Payment of Notes Called for Redemption. If notice of -------------------------------------------- redemption has been given as above provided, in the manner provided above,the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date or the Special Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) such Redemption Date or the date fixed for redemptionSpecial Redemption Price, and on and after said such date (unless the Company shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date or at the Special Redemption Price, together with as the case may be, in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Notes Redemption Date or portion of Notes so called for redemption shall cease to accrue andthe Special Redemption Date, after as the close of business on case may be, at the Business Day next preceding rate prescribed in the date fixed for redemptionNotes), such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date or the Special Redemption Price; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forRegular Record Date.

Appears in 1 contract

Samples: CFW Communications Co

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 Section 8.05 and 13.4Section 13.04, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, any and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (LTX Corp)

Payment of Notes Called for Redemption. If notice of --------------------------------------- redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to to, but excluding, said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable -------- redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Section 7.1(a), (b) or (c), a Responsible Officer of the Trustee has actual knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Premiere Technologies Inc

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided below, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuers shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Notes or portion of Notes so called for redemption shall cease to accrue and, after Redemption Date at the close of business on rate prescribed in the Business Day next preceding the date fixed for redemptionNotes), such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuers at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date.‌ Notice of redemption shall be deemed to be given when mailed, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 1 contract

Samples: www.grupocodere.com

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemptionexcept as provided in SECTION 5.5 and SECTION 9.4 hereof, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 from and 13.4, after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionthereof. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, PROVIDED that if the applicable redemption date is an interest payment date, the semi-annual any semiannual payment of interest becoming due on such the date fixed for redemption shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of SECTION 2.7(i) hereof. If the Company defaults in the payment of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery price with respect to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid redemption, upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forNote.

Appears in 1 contract

Samples: Indenture (Edison Mission Finance Co)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption priceprice and the Additional Payment, together if any, together, except in the case of a Provisional Redemption, with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption priceprice and the Additional Payment, together if any, together, except in the case of a Provisional Redemption, with interest accrued to said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 8.05 and 13.413.04, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and the Additional Payment, if any, and, except in the case of a Provisional Redemption, unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceprice and the Additional Payment, together if any, together, except in the case of a Provisional Redemption, with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Kulicke and Soffa (Kulicke & Soffa Industries Inc)

Payment of Notes Called for Redemption. If notice of -------------------------------------- redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to to, but excluding, said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable -------- redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Section 7.1(a), (b) or (c), a Responsible Officer of the Trustee has knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (Level One Communications Inc /Ca/)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to to, but excluding, said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue andand such Notes shall cease, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Section 7.1(a), (b) or (e), a Responsible Officer of the Trustee has knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Sportsline Usa Inc

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided below, the Notes or portion of Notes with respect to which specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be re- deemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said datefrom the Redemption Date at the rate pre- scribed in the Notes) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock andaccrue interest, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit whether or security under this Indenture, and the holders thereof shall have no right in respect of not such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed are presented for redemptionpayment. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuer at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead rel- evant Record Date. Notice of redemption shall be deemed to be given when mailed, whether or not the Holder re- ceives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validi- ty of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly giv- en.

Appears in 1 contract

Samples: sec.report

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with the Provisional Payment, if any, and interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with the Provisional Payment, if any, and interest accrued to to, but excluding, said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with the Provisional Payment, if any, and interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateSection 2.3 hereof. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of optional redemption during the continuance of a default in payment of interest or premium, if any, premium on the NotesNotes or of any Event of Default of which, in the case of any Event of Default other than under Section 7.1(a), (b) or (e), a Responsible Officer of the Trustee has actual knowledge. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Indenture (General Electric Co)

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided below, the Notes of the applicable series or portion of Notes with respect to which of the applicable series called for redemption specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with accrued interest accrued to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company Issuer shall default in the payment of such Notes at the redemption priceRedemption Price and accrued interest to the Redemption Date, together with in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Redemption Date at the rate prescribed in the Notes or portion of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemption, applicable series) such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionaccrue interest. On presentation and Upon surrender of any Note for redemption in accordance with a notice of redemption, such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof Note shall be paid and redeemed by the Company Issuer at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes Holders registered as such at the close of business on the relevant record date instead Record Date. Notice of redemption shall be deemed to be given when delivered, whether or not the Holder receives the notice. In any event, failure to give such notice, or any defect therein, shall not affect the validity of the holders surrendering proceedings for the redemption of Notes held by Holders to whom such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forwas properly given.

Appears in 1 contract

Samples: Indenture (Royal Caribbean Cruises LTD)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (to, but excluding) , the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to to, but excluding, said date) interest on the Notes or portion of Notes so called for redemption shall cease to accrue and, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 and 13.4, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (to, but excluding) , the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof to be redeemed shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (to, but excluding) , the date fixed for redemption; providedprovided that, however, that if the applicable redemption date is an interest payment date, the semi-annual payment of interest becoming due on such date shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of Section 2.3 hereof, and with respect to a provisional redemption, the holder of any Notes converted into Common Stock pursuant to the terms hereof after the provisional redemption notice date and prior to the provisional redemption date shall have the right to the Make-Whole Payment regardless of the holders surrendering such Notes for redemption on such dateconversion. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.a

Appears in 1 contract

Samples: Indenture (Alkermes Inc)

Payment of Notes Called for Redemption. If notice of redemption has been given as above providedin the manner provided above, the 2010 Notes or the 2008 Notes, as the case may be, or portion of the 2010 Notes with respect to which or the 2008 Note, as the case may be, specified in such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, be redeemed shall become due and payable on the date fixed for redemption and Redemption Date at the place or places Redemption Price stated in such notice at the applicable redemption pricetherein, together with interest accrued interest, if any, to (but excluding) the date fixed for redemptionsuch Redemption Date, and on and after said such date (unless the Company shall default in the payment of such 2010 Notes or the 2008 Notes, as the case may be, at the redemption priceRedemption Price and accrued interest, together with if any, to the Redemption Date, in which case the principal, until paid, shall bear interest accrued to said date) interest on from the Redemption Date at the rate prescribed in the 2010 Notes or portion of the 2008 Notes, as the case may be), such 2010 Notes so called for redemption or 2008 Notes, as the case may be, shall cease to accrue andinterest. Upon surrender of any of the 2010 Notes or 2008 Notes, after as the close case may be, for redemption in accordance with a notice of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease to be convertible into Common Stock and2010 Note or 2008 Note, except as provided in Sections 8.5 and 13.4the case may be, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption priceRedemption Price, together with interest accrued thereon interest, if any, to (but excluding) the date fixed for redemptionRedemption Date; provided, however, provided that if the applicable redemption date is an interest payment date, the semi-annual payment installments of interest becoming due whose Stated Maturity is on such date or prior to the Redemption Date shall be payable to the holders of such Notes 2010 Holders or the 2008 Holders, as the case may be, registered as such at the close of business on the relevant record date instead of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forRegular Record Date.

Appears in 1 contract

Samples: American Color Graphics Inc

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest accrued to said date) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue and, after the close of business on the Business Day next preceding the date fixed for redemptionexcept as provided in SECTION 5.5 and SECTION 9.4 hereof, such Notes shall cease to be convertible into Common Stock and, except as provided in Sections 8.5 from and 13.4, after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest to (but excluding) the date fixed for redemptionthereof. On presentation and surrender of such Notes at a place of payment specified in said notice specifiednotice, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, PROVIDED that if the applicable redemption date is an interest payment date, the semi-annual any semiannual payment of interest becoming due on such the date fixed for redemption shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of SECTION 2.6(I) hereof. If the Company defaults in the payment of the holders surrendering such Notes for redemption on such date. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery price with respect to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid redemption, upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forNote.

Appears in 1 contract

Samples: Indenture (Edison Mission Energy)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest thereon accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest thereon accrued to said date) ), interest on the Notes or portion of Notes so called for redemption shall cease to accrue andaccrue, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 2.04 and 13.48.04, to be entitled to any benefit or security under this Indenture, and the holders Holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest thereon to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the any semi-annual payment of interest becoming due on such the date fixed for redemption shall be payable to the holders Holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateNotes. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder Holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Hutchinson Technology Inc

Payment of Notes Called for Redemption. If notice of redemption has been given as above herein provided, the Notes or portion portions of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, shall become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes or portions thereof at the redemption price, together with interest accrued to said date) interest on the Notes or portion portions of Notes so called for redemption shall cease to accrue andaccrue, after the close of business on the Business Day next preceding the date fixed for redemption, and such Notes and portions of Notes shall cease be deemed not to be convertible into Common Stock and, except as provided in Sections 8.5 Outstanding hereunder and 13.4, to shall not be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes Indenture except the right to receive payment of the redemption price thereof and unpaid price, together with accrued interest to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place the Place of payment Payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, that if the applicable redemption date is an interest payment date, the semi-annual payment any installments of interest becoming due on such or prior to the date fixed for redemption shall be payable to the holders Holders of such Notes, or one or more previous Notes evidencing all or a portion of the same debt as that evidenced by such particular Notes, registered as such on the relevant record date instead dates according to their terms and the provisions of the holders surrendering such Notes for redemption on such dateSection 3.09. Upon presentation and surrender of any Note redeemed in part only, with, if the Company or the Trustee so required, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing, the Company shall execute and the Trustee shall authenticate and make available for delivery deliver to the holder Holder thereof, at the expense of the Company, a new Note or NotesNotes of the same series having the same interest rate and Stated Maturity and bearing interest from the same date, of any authorized denominationsdenominations as requested by such Holder, in aggregate principal amount equal to the unredeemed portion of the Notes Note so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal presented and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided forsurrendered.

Appears in 1 contract

Samples: Indenture (Magna International Inc)

Payment of Notes Called for Redemption. If notice of redemption has been given as above provided, the Notes or portion of Notes with respect to which such notice has been given shall, unless converted into Common Stock pursuant to the terms hereof, become due and payable on the date fixed for redemption and at the place or places stated in such notice at the applicable redemption price, together with interest thereon accrued to (but excluding) the date fixed for redemption, and on and after said date (unless the Company shall default in the payment of such Notes at the redemption price, together with interest thereon accrued to said date) ), interest on the Notes or portion of Notes so called for redemption shall cease to accrue andaccrue, and such Notes shall cease after the close of business on the Business Day next preceding the date fixed for redemption, such Notes shall cease redemption to be convertible into Common Stock and, except as provided in Sections 8.5 2.04 and 13.48.04, to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Notes except the right to receive the redemption price thereof and unpaid interest thereon to (but excluding) the date fixed for redemption. On presentation and surrender of such Notes at a place of payment in said notice specified, the said Notes or the specified portions thereof shall be paid and redeemed by the Company at the applicable redemption price, together with interest accrued thereon to (but excluding) the date fixed for redemption; provided, however, provided that if the applicable redemption date is an interest payment date, the any semi-annual payment of interest becoming due on such the date fixed for redemption shall be payable to the holders of such Notes registered as such on the relevant record date instead subject to the terms and provisions of the holders surrendering such Notes for redemption on such dateNotes. Upon presentation of any Note redeemed in part only, the Company shall execute and the Trustee shall authenticate and make available for delivery to the holder thereof, at the expense of the Company, a new Note or Notes, of authorized denominations, in principal amount equal to the unredeemed portion of the Notes so presented. Notwithstanding the foregoing, the Trustee shall not redeem any Notes or mail any notice of redemption during the continuance of a default in payment of interest or premium, if any, on the Notes. If any Note called for redemption shall not be so paid upon surrender thereof for redemption, the principal and premium, if any, shall, until paid or duly provided for, bear interest from the date fixed for redemption at the rate borne by the Note and such Note shall remain convertible into Common Stock until the principal and premium, if any, and interest shall have been paid or duly provided for.

Appears in 1 contract

Samples: Mark Iv Industries Inc

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