Required Redemptions Sample Clauses

Required Redemptions. Beginning on and with August 31, 2022, and on the last day of each calendar month thereafter through and including July 31, 2026, the Company will redeem, without premium, $59,692.00 in principal amount of the Notes, or such lesser amount as may be then outstanding, together with all accrued and unpaid interest then due on the amount so redeemed. On the stated or accelerated maturity of the Notes, the Company will pay the principal amount of the Notes then outstanding together with all accrued and unpaid interest then due thereon. No optional redemption of less than all of the Notes shall affect the obligation of the Company to make the redemptions required by this subsection.
AutoNDA by SimpleDocs
Required Redemptions. 2 (b) Optional Redemptions With Premium............................ 2 (c) Notice of Redemptions; Pro rata Redemptions.................. 3 1.06. Payment on Non-Business Days...................................... 3 1.07. Registration, etc................................................. 3 1.08. Transfer and Exchange of Notes.................................... 4 1.09.
Required Redemptions. The General Partner, in its sole discretion, may require a Limited Partner to surrender all or any portion of its Partnership Units and withdraw from the Partnership to the extent such redemption is in the best interest of the Partnership, as determined by the General Partner in good faith at any time for any reason or no reason with or without prior notice to such Limited Partner. A notice of mandatory redemption pursuant to this Section 8.6 shall have the same effect as a request for redemption by a Limited Partner given pursuant to Section 8.5; provided, that the mandatory redemption of all or any portion of such Limited Partner’s Partnership Units shall be effective on the date determined by the General Partner and indicated in such notice.
Required Redemptions. Beginning on and with September 30, 1998, -------- ----------- and on the last day of December, March, June and September in each year thereafter through and including June 30, 2002, the Company will redeem, without premium, $62,500 in principal amount of the Notes, or such lesser amount as may be then outstanding, together with all accrued and unpaid interest then due on the amount so redeemed. On the stated or accelerated maturity of the Notes, the Company will pay the principal amount of the Notes then outstanding together with all accrued and unpaid interest then due thereon. No optional redemption of less than all of the Notes shall affect the obligation of the Company to make the redemptions required by this subsection.
Required Redemptions. On the Due Date (as defined in each Note) or the accelerated maturity of the Notes, the Company will pay the principal amount of the Notes then outstanding together with all accrued and unpaid interest then due thereon.
Required Redemptions. Upon the receipt of the Net Cash Proceeds (i) of Extraordinary Receipts not to be used in accordance with the Business Plan and (ii) of the issuance of additional debt or equity permitted under this Agreement (other than the issuance of additional debt in an aggregate amount not to exceed $10,000,000 on terms and conditions reasonably satisfactory to the Purchaser and in accordance with Section 9.3(c)), the Company will apply all such proceeds to redeem the Notes outstanding on such date at 100% of the aggregate principal amount of the Notes so redeemed, together with all interest accrued and unpaid on such Notes to the date of such redemption to the extent permitted under the Indentures.
Required Redemptions. On the stated or accelerated maturity date of the Notes, the Companies will redeem, without premium, the entire principal amount of the Notes then outstanding, together with all accrued and unpaid interest then due thereon. No optional redemption of less than all of the Notes shall affect the obligation of the Companies to make the redemption required by this subsection.
AutoNDA by SimpleDocs
Required Redemptions. 2 (b) Optional Redemptions With Premium.............. 3 (c)
Required Redemptions. On each date set forth below, the -------- ----------- Company will redeem, without premium, the principal amount of the Notes set forth opposite such date, or such lesser amount as may be then outstanding, together with all accrued and unpaid interest then due on the amount so redeemed. On the stated or accelerated maturity of the Notes, the Company will pay the principal amount of the Notes then outstanding together with all accrued and unpaid interest then due thereon. No optional redemption of less than all of the Notes shall affect the obligation of the Company to make the redemptions required by this subsection. Principal Amount Redemption Date to be Redeemed --------------------- ---------------- December 31, 1998 $ 62,500 March 31, 1999 62,500 June 30, 1999 62,500 September 30, 1999 62,500 December 31, 1999 62,500 March 31, 2000 62,500 June 30, 2000 62,500 September 30, 2000 62,500 December 31, 2000 125,000 March 31, 2001 125,000 June 30, 2001 125,000 September 30, 2001 125,000 December 31, 2001 125,000 March 31, 2002 125,000 June 30, 2002 125,000 September 30, 2002 125,000 December 31, 2002 187,500 March 31, 2003 187,500 June 30, 2003 187,500 September 30, 2003 187,500 December 31, 2003 187,500 March 31, 2004 187,500 June 30, 2004 187,500 September 30, 2004 187,500 December 31, 2004 187,500 March 31, 2005 187,500 June 30, 2005 187,500 September 30, 2005 187,500 December 31, 2005 1,250,000 ---------- TOTAL $5,000,000 ----------
Required Redemptions. (a) On the stated or accelerated maturity of the Senior Notes, the Company will pay the principal amount of the Senior Notes then outstanding together with all accrued and unpaid interest thereon. No redemption of less than all of the Senior Notes shall affect the obligation of the Company to make the redemption required by the preceding sentence. The Company shall be required to redeem the Senior Notes in two equal installments in the amount of $37,500,000, which shall be paid on each of October 25, 2007 and October 25, 2008.
Time is Money Join Law Insider Premium to draft better contracts faster.