Common use of Redemption Upon Changes in Withholding Taxes Clause in Contracts

Redemption Upon Changes in Withholding Taxes. The Issuer may redeem the Notes, in whole but not in part, at its discretion at any time upon giving not less than ten (10) nor more than sixty (60) days’ prior notice to the holders of such series of Notes (which notice will be irrevocable and given in accordance with the procedures described in Sections 3.03 and 12.01), at a redemption price equal to 100% of the aggregate principal amount thereof, together with accrued and unpaid interest, if any, to the date fixed by the Issuer for redemption (a “Tax Redemption Date”) and all Additional Amounts (if any) then due and which will become due on the Tax Redemption Date as a result of the redemption or otherwise (subject to the right of holders of such Notes on the relevant record date to receive interest due on the relevant interest payment date and Additional Amounts (if any) in respect thereof), if on the next date on which any amount would be payable with respect to such Notes, the Issuer or any Guarantor is or would be required to pay Additional Amounts and (a) the Issuer or the relevant Guarantor cannot avoid such requirement by taking reasonable measures available to it (including the designation of a different paying agent), (b) in the case of a Guarantor, such amounts cannot be paid by the Issuer or any other Guarantor who in turn can pay such amounts without the obligation to pay Additional Amounts and (c) the requirement arises as a result of:

Appears in 2 contracts

Samples: International Game Technology PLC, International Game Technology PLC

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Redemption Upon Changes in Withholding Taxes. The Issuer may redeem the Notes, in whole but not in part, at its discretion at any time upon giving not less than ten (10) 30 nor more than sixty (60) 60 days’ prior notice to the holders Holders of such series of the Notes (which notice will be irrevocable and given in accordance with the procedures described in Sections Section 3.03 and 12.01Section 12.01 of the Indenture), at a redemption price equal to 100% of the aggregate principal amount thereof, together with accrued and unpaid interest, if any, to the date fixed by the Issuer for redemption (a “Tax Redemption Date”) and all Additional Amounts (if any) then due and which will become due on the Tax Redemption Date as a result of the redemption or otherwise (subject to the right of holders Holders of such the Notes on the relevant record date to receive interest due on the relevant an interest payment date that is prior to the Tax Redemption Date and Additional Amounts (if any) in respect thereof), if on the next date on which any amount would be payable with in respect to such of the Notes, the Issuer or any Guarantor is or would be required to pay Additional Amounts Amounts, and (a) the Issuer or the relevant Guarantor cannot avoid any such requirement payment obligation by taking reasonable measures available to it (including including, for the avoidance of doubt, the designation of a different paying agentPaying Agent in another jurisdiction), (b) in the case of a Guarantor, such amounts cannot be paid by the Issuer or any other Guarantor who in turn can pay such amounts without the obligation to pay Additional Amounts and (c) the requirement arises as a result of:

Appears in 2 contracts

Samples: North Atlantic Drilling Ltd., North Atlantic Drilling Ltd.

Redemption Upon Changes in Withholding Taxes. The Issuer may redeem the Notes, in whole but not in part, at its discretion at any time upon giving not less than ten (10) 30 nor more than sixty (60) 60 days’ prior notice to the holders Holders of such series of the Notes (which notice will be irrevocable and given in accordance with the procedures described in Sections Section 3.03 and Section 12.01), at a redemption price equal to 100% of the aggregate principal amount thereof, together with accrued and unpaid interest, if any, to the date fixed by the Issuer for redemption (a “Tax Redemption Date”) and all Additional Amounts (if any) then due and which will become due on the Tax Redemption Date as a result of the redemption or otherwise (subject to the right of holders Holders of such the Notes on the relevant record date to receive interest due on the relevant an interest payment date that is prior to the Tax Redemption Date and Additional Amounts (if any) in respect thereof), if on the next date on which any amount would be payable with in respect to such of the Notes, the Issuer or any Guarantor is or would be required to pay Additional Amounts Amounts, and (a) the Issuer or the relevant Guarantor cannot avoid any such requirement payment obligation by taking reasonable measures available to it (including including, for the avoidance of doubt, the designation of a different paying agentPaying Agent in another jurisdiction), (b) in the case of a Guarantor, such amounts cannot be paid by the Issuer or any other Guarantor who in turn can pay such amounts without the obligation to pay Additional Amounts and (c) the requirement arises as a result of:

Appears in 2 contracts

Samples: North Atlantic Drilling Ltd., North Atlantic Drilling Ltd.

Redemption Upon Changes in Withholding Taxes. (a) The Issuer may may, at its option, redeem the Notes, in whole but not in part, at its discretion at any time upon giving not less than ten (10) 30 nor more than sixty (60) 60 days’ prior notice to the holders of such series of Notes (which notice will be irrevocable and given in accordance with the procedures described in Sections Section 3.03 and 12.01)Section 13.01 hereof) to the Holders, at a redemption price equal to 100% of the aggregate principal amount thereof, together with accrued and unpaid interestinterest thereon, if any, to the redemption date to be fixed by the Issuer for redemption (a “Tax Redemption Date”) and all Additional Amounts (Amounts, if any) , then due and which will become due on the Tax Redemption Date as a result of the redemption or otherwise (subject to the right of holders of such Notes Holders on the relevant record date to receive interest due on the relevant an interest payment date that is prior to the Tax Redemption Date and Additional Amounts (Amounts, if any) , in respect thereof)) if the Issuer is or, if on the next date on which any amount would be payable with in respect to such of the Notes, the Issuer or any Guarantor is or would be required obliged to pay Additional Amounts and (a) in excess of the Additional Amounts that the Issuer or was obligated to pay as of the relevant Guarantor Issue Date in respect of the Notes, which the Issuer cannot avoid such requirement by taking the use of reasonable measures available to it (including the designation of taking reasonable measures to make payment through a different paying agentPaying Agent located in another jurisdiction), (b) in the case of a Guarantor, such amounts cannot be paid by the Issuer or any other Guarantor who in turn can pay such amounts without the obligation to pay Additional Amounts and (c) the requirement arises as a result of:

Appears in 2 contracts

Samples: Supplemental Indenture (Nord Anglia Education, Inc.), Supplemental Indenture (Nord Anglia Education, Inc.)

Redemption Upon Changes in Withholding Taxes. The Issuer may redeem the applicable series of Notes, in whole but not in part, at its discretion at any time upon giving not less than ten (10) nor more than sixty (60) days’ prior notice to the holders Holders of such series of Notes (which notice will be irrevocable and given in accordance with the procedures described in Sections 3.03 and 12.01), at a redemption price equal to 100% of the aggregate principal amount thereof, together with accrued and unpaid interest, if any, to the date fixed by the Issuer for redemption (a “Tax Redemption Date”) and all Additional Amounts (if any) then due and which will become due on the Tax Redemption Date as a result of the redemption or otherwise (subject to the right of holders Holders of such Notes on the relevant record date to receive interest due on the relevant interest payment date and Additional Amounts (if any) in respect thereof), if on the next date on which any amount would be payable with in respect to of such Notes, the Issuer or any Guarantor is or would be required to pay Additional Amounts Amounts, and (a) the Issuer or the relevant Guarantor cannot avoid such requirement by taking reasonable measures available to it (including the designation of a different paying agent), (b) in the case of a Guarantor, such amounts cannot be paid by the Issuer or any other Guarantor who in turn can pay such amounts without the obligation to pay Additional Amounts and (c) the requirement arises as a result of:

Appears in 1 contract

Samples: Indenture (International Game Technology)

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Redemption Upon Changes in Withholding Taxes. (a) The Issuer may may, at its option, redeem the Notes, in whole but not in part, at its discretion at any time upon giving not less than ten (10) 10 nor more than sixty (60) 60 days’ prior notice to the holders of such series of Notes (which notice will be irrevocable and given in accordance with the procedures described in Sections Section 3.03 and 12.01)Section 13.01 hereof) to the Holders, at a redemption price equal to 100% of the aggregate principal amount thereof, together with accrued and unpaid interestinterest thereon, if any, to the redemption date to be fixed by the Issuer for redemption (a “Tax Redemption Date”) and all Additional Amounts (if any) then due and which will become due on the Tax Redemption Date as a result of the redemption or otherwise (subject to the right of holders of such Notes Holders on the relevant record date to receive interest due on the relevant an interest payment date and Additional Amounts (that is prior to the Tax Redemption Date) if any) in respect thereof)the Issuer or any Guarantor is or, if on the next date on which any amount would be payable with respect to such Notes, by the Issuer or any such Guarantor is or in respect of the Notes, would be required obliged to pay Additional Amounts and (a) in excess of the Additional Amounts that the Issuer or Guarantor was obligated to pay as of the relevant Guarantor Issue Date in respect of the Notes, which the Issuer cannot avoid such requirement by taking the use of reasonable measures available to it (including the designation of taking reasonable measures to make payment through a Paying Agent or a different paying agentGuarantor located in another jurisdiction), (b) in the case of a Guarantor, such amounts cannot be paid by the Issuer or any other Guarantor who in turn can pay such amounts without the obligation to pay Additional Amounts and (c) the requirement arises as a result of:

Appears in 1 contract

Samples: Indenture (Nord Anglia Education, Inc.)

Redemption Upon Changes in Withholding Taxes. The Issuer may redeem the Notes, in whole but not in part, at its discretion at any time upon giving not less than ten (10) nor more than sixty (60) days’ prior notice to the holders of such series of Notes (which notice will be irrevocable and given in accordance with the procedures described in Sections 3.03 and 12.01), at a redemption price equal to 100% of the aggregate principal amount thereof, together with accrued and unpaid interest, if any, to the date fixed by the Issuer for redemption (a “Tax Redemption Date”) and all Additional Amounts (if any) then due and which will become due on the Tax Redemption Date as a result of the redemption or otherwise (subject to the right of holders of such Notes on the relevant record date to receive interest due on the relevant interest payment date and Additional Amounts (if any) in respect thereof), if on the next date on which any amount would be payable with in respect to of such Notes, the Issuer or any Guarantor is or would be required to pay Additional Amounts Amounts, and (a) the Issuer or the relevant Guarantor cannot avoid such requirement by taking reasonable measures available to it (including the designation of a different paying agent), (b) in the case of a Guarantor, such amounts cannot be paid by the Issuer or any other Guarantor who in turn can pay such amounts without the obligation to pay Additional Amounts and (c) the requirement arises as a result of:

Appears in 1 contract

Samples: Indenture (International Game Technology PLC)

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