Redemption of Notes at the Option of the Company. The Notes are redeemable, in whole or in part, at the option of the Company, at any time or from time to time, at a redemption price equal to the greater of (a) 100% of the Principal Amount to be redeemed and (b) the sum of the present values of the Remaining Scheduled Payments on such Notes discounted to the Redemption Date, on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at a rate equal to the sum of the applicable Treasury Rate plus 10 basis points (the “Redemption Price”) upon delivery of the Notes to the Paying Agent by the Holder as set forth in the Indenture. The Redemption Price will be paid in cash. Notice of any redemption will be mailed at least 30 days but not more than 60 days before the redemption date to each Holder of the Notes to be redeemed. Unless the Company defaults in payment of the Redemption Price, on and after the Redemption Date, interest will cease to accrue on the Notes or portions thereof called for redemption. If less than all of the Notes are to be redeemed, the Notes to be redeemed shall be selected pro rata or by lot or by any other method the Trustee considers fair and appropriate. Paying Agent Initially, The Bank of New York Mellon Trust Company, N.A. (the “Trustee”) will act as paying agent. The Company may change any paying agent without notice to the Holders.
Redemption of Notes at the Option of the Company. Prior to November 22, 2005, the Notes may not be redeemed by the Company. On or after November 22, 2005, the Notes may be redeemed for cash at any time as a whole or from time to time in part, at the following redemption prices (the “Redemption Price”), in each case, plus accrued and unpaid interest, if any, to the Redemption Date:
Redemption of Notes at the Option of the Company. Except as otherwise provided in Section 3.05, the Company may not redeem any Notes prior to February 7, 2011. At any time on or after February 7, 2011, the Notes may be redeemed at the option of the Company (an “Optional Redemption”), in whole or in part, upon notice as set forth in Section 3.02, at any time for a redemption price in cash equal to 100% of the principal amount of the notes to be redeemed, together with any accrued and unpaid interest (including additional amounts, if any) up to but excluding the date fixed for redemption. The notes are not subject to redemption through the operation of any sinking fund.
Redemption of Notes at the Option of the Company. Section 301 General. The Company may redeem any of the Notes in whole or in part, at its option, at any time prior to their Stated Maturity, at the redemption price (the "Redemption Price") equal to the greater of:
Redemption of Notes at the Option of the Company. Except as otherwise provided in Section 3.05, the Company may not redeem any Notes prior to July 18, 2006. At any time on or after July 18, 2006, the Company may redeem any of the Notes at a redemption price of 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest, if the Closing Sale Price on the Nasdaq National Market excees 150% of the Conversion Price for at least 20 Trading Days in any period of 30 consecutive Trading Days ending as of the date the Company gives notice of such redemption or within two Business Days prior to giving such notice. At any time on or after July 18, 2006 and prior to maturity, the Notes 18 may be redeemed at the option of the Company (an "OPTIONAL REDEMPTION"), in whole or in part, upon notice as set forth in Section 3.02, at 100% of the principal amount of the Notes to be redeemed, together with accrued and unpaid interest, if any, to, but excluding the date fixed for redemption.
Redemption of Notes at the Option of the Company. Section 501. Right to Redeem. The Company, at its option, may redeem the Notes on the terms and subject to the conditions set forth in the form of the Note attached hereto as Annex A and Article Eleven of the Original Indenture. Notes may be redeemed in principal amounts of $1,000 and integral multiples of $1,000. The Redemption Prices of the Notes are as set forth in Annex A hereto. If any Note selected for partial redemption is converted into Common Stock in part before the applicable Redemption Date, the converted portion of such Note shall be deemed (so far as may be) to be taken from the portion selected for redemption. Notes that have been converted during a selection of Notes to be redeemed shall be treated by the Trustee as Outstanding for the purpose of such selection.
Redemption of Notes at the Option of the Company. (a) The Notes shall be redeemable, in whole or in part from time to time, at the option of the Company, at any time, at a Redemption Price equal to the greater of (i) 100% of the principal amount of the Notes to be redeemed, and (ii) the sum of the present values of the remaining scheduled payments of principal and interest that would be due on the Notes to be redeemed after the related Redemption Date but for such redemption (exclusive of interest accrued up to such Redemption Date) discounted to such Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) using a discount rate equal to the Treasury Rate plus 30 basis points, plus, in either case, accrued and unpaid interest on the principal amount being redeemed up to, but not including, such Redemption Date.
Redemption of Notes at the Option of the Company. Except as otherwise provided in Section 3.05, the Company may not redeem any Notes prior to November 30, 2006. At any time on or after November 30, 2006 and prior to maturity, the Notes may be redeemed at the option of the Company (an "OPTIONAL REDEMPTION"), in whole or in part, upon notice as set forth in Section 3.02, at a redemption price of 100% of the principal amount, together with accrued and unpaid interest, if any, to, but excluding the date fixed for redemption if the Closing Sale Price of the Common Stock, as determined by the Company, exceeds 140% of the Conversion Price for at least 10 Trading Days in the 20 consecutive Trading Days ending on the Trading Day immediately preceding the date of mailing of the notice of redemption (such redemption right to continue once in effect through close of business on the redemption date specified in such notice, regardless of subsequent changes in the closing sale price of the Common Stock).
Redemption of Notes at the Option of the Company. Except as otherwise provided in this Article III, the Company may not redeem any Notes prior to April 15, 2009. At any time on or after April 15, 2009, the Notes may be redeemed at the option of the Company (an "OPTIONAL REDEMPTION"), in whole or in part, in cash, upon notice as set forth in Section 3.03, at the following Redemption prices, together with accrued and unpaid interest, if any, to the redemption date (subject to the right of holders of record on the relevant record date that is on or prior to the redemption date to receive interest due on an interest payment date), if redeemed during the 12-month period commencing April 15, of the years set forth below: REDEMPTION YEAR PRICE -------------------------------------------------- ---------- 2009 ............................................. 103.438% 2010 ............................................. 102.292% 2011 ............................................. 101.146% 2012 and thereafter .............................. 100.000% -34- In addition, on or prior to April 15, 2009, the Company may redeem the Notes, at its option, in whole at any time or in part from time to time, at a redemption price equal to 100% of the principal amount thereof, plus accrued interest, if any, to the redemption date, plus the Make-Whole Premium (a "MAKE-WHOLE REDEMPTION"). Notwithstanding the foregoing, at any time, or from time to time, on or prior to April 15, 2007, the Company may, at its option, use all or any portion of the Net Cash Proceeds of one or more Qualified Equity Offerings (as defined below) to redeem up to 35% of the aggregate principal amount of the Notes issued at a redemption price equal to 106.875% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of redemption; provided that at least 65% of the aggregate principal amount of Notes originally issued remains outstanding immediately after any such redemption. In order to effect the foregoing redemption with the proceeds of any Qualified Equity Offering, the Company shall consummate such redemption not more than 120 days after the consummation of any such Qualified Equity Offering.
Redemption of Notes at the Option of the Company. (a) Except as described in Section 10.02 below, the Notes will not be redeemable by the Company until after November 4, 2012. At any time after November 4, 2012, the Company may, subject to receipt of appropriate approvals, if any, required under applicable Indian law, redeem in cash, all or part, in principal amounts of $1,000 or integral multiples of $1,000 in excess thereof, of the Notes, if the Closing Sale Price of the ADSs has been at least 130% of the Conversion Price then in effect for at least 20 Trading Days during any 30 consecutive Trading Day period prior to the date on which the Company provides notice of the redemption. The price paid for each Note being redeemed (the “Redemption Price”) will equal 100% of the principal amount of the Note being redeemed, plus accrued and unpaid interest, to, but excluding, the Redemption Date. Notwithstanding the foregoing, the Company shall not redeem any of the Notes during any Closed Period.
