Common use of Rights of Redemption Clause in Contracts

Rights of Redemption. (a) Except as described in this Section 1101, the Securities are not redeemable until March 15, 2021. The Securities will be subject to redemption at any time on or after March 15, 2021, at the Company’s option, in whole in part, on not less than 15 nor more than 60 days’ prior notice in amounts of $2,000 or an integral multiple of $1,000 in excess thereof at the following Redemption Prices (expressed as percentages of the principal amount), if redeemed during the twelve-month period beginning March 15 of the years indicated below: Year Redemption Price 2021 102.938% 2022 101.958% 2023 100.979% 2024 and thereafter 100.000% in each case together with accrued and unpaid interest, if any, to the Redemption Date (subject to the right of the Holders of record on relevant record dates to receive interest due on an Interest Payment Date).

Appears in 1 contract

Samples: Indenture (Sinclair Broadcast Group Inc)

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Rights of Redemption. (a) Except as described in this Section 1101, the Securities are not redeemable until March August 15, 2021. The Securities will be subject to redemption at any time on or after March August 15, 2021, at the Company’s option, in whole in part, on not less than 15 nor more than 60 days’ prior notice in amounts of $2,000 or an integral multiple of $1,000 in excess thereof at the following Redemption Prices (expressed as percentages of the principal amount), if redeemed during the twelve-month period beginning March August 15 of the years indicated below: Year Redemption Price 2021 102.938102.563% 2022 101.958101.708% 2023 100.979100.854% 2024 and thereafter 100.000% in each case together with accrued and unpaid interest, if any, to the Redemption Date (subject to the right of the Holders of record on relevant record dates to receive interest due on an Interest Payment Date).

Appears in 1 contract

Samples: Indenture (Sinclair Broadcast Group Inc)

Rights of Redemption. (a) Except as described in this Section 1101, the Securities are not redeemable until March 15August 1, 20212019. The Securities will be subject to redemption at any time on or after March 15August 1, 20212019, at the Company’s option, in whole in part, on not less than 15 nor more than 60 days’ prior notice in amounts of $2,000 or an integral multiple of $1,000 in excess thereof at the following Redemption Prices (expressed as percentages of the principal amount), if redeemed during the twelve-month period beginning March 15 August 1 of the years indicated below: Year Redemption Price 2019 102.813 % 2020 101.875 % 2021 102.938100.938 % 2022 101.958% 2023 100.979% 2024 and thereafter 100.000100.000 % in each case together with accrued and unpaid interest, if any, to the Redemption Date (subject to the right of the Holders of record on relevant record dates to receive interest due on an Interest Payment Date).

Appears in 1 contract

Samples: Indenture (Sinclair Broadcast Group Inc)

Rights of Redemption. (a) Except as described in this Section 1101, the Securities Notes are not redeemable until March November 15, 20212017. The Securities Notes will be subject to redemption at any time on or after March November 15, 20212017, at the CompanyIssuer’s option, in whole or in part, on not less than 15 10 nor more than 60 days’ prior notice in amounts of $2,000 or an integral multiple of $1,000 in excess thereof at the following Redemption Prices (expressed as percentages of the principal amount), if redeemed during the twelve-month period beginning March November 15 of the years indicated below: Year Redemption Price 2021 102.9382017 104.406 % 2022 101.9582018 102.938 % 2023 100.9792019 101.469 % 2024 2020 and thereafter 100.000100.000 % in each case together with accrued and unpaid interestinterest and Additional Interest, if any, to the Redemption Date (subject to the right of the Holders of record on relevant record dates to receive interest due on an Interest Payment Date).

Appears in 1 contract

Samples: Indenture (Media General Inc)

Rights of Redemption. (a) Except as described in this Section 1101, the Securities are not redeemable until March 15November 1, 20212016. The Securities will be subject to redemption at any time on or after March 15November 1, 20212016, at the Company’s option, in whole in part, on not less than 15 nor more than 60 days’ prior notice in amounts of $2,000 or an integral multiple of $1,000 in excess thereof at the following Redemption Prices (expressed as percentages of the principal amount), if redeemed during the twelve-month period beginning March 15 November 1 of the years indicated below: Year Redemption Price 2021 102.9382016 104.781 % 2022 101.9582017 103.188 % 2023 100.9792018 101.594 % 2024 2019 and thereafter 100.000100.000 % in each case together with accrued and unpaid interest, if any, to the Redemption Date (subject to the right of the Holders of record on relevant record dates to receive interest due on an Interest Payment Date).

Appears in 1 contract

Samples: Indenture (Sinclair Broadcast Group Inc)

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Rights of Redemption. (a) Except as described in this Section 1101, the Securities are not redeemable until March 15April 1, 20212016. The Securities will be subject to redemption at any time on or after March 15April 1, 20212016, at the Company’s option, in whole in part, on not less than 15 nor more than 60 days’ prior notice in amounts of $2,000 or an integral multiple of $1,000 in excess thereof at the following Redemption Prices (expressed as percentages of the principal amount), if redeemed during the twelve-month period beginning March 15 April 1 of the years indicated below: Year Redemption Price 2021 102.9382016 104.031 % 2022 101.9582017 102.688 % 2023 100.9792018 101.344 % 2024 2019 and thereafter 100.000100.000 % in each case together with accrued and unpaid interest, if any, to the Redemption Date (subject to the right of the Holders of record on relevant record dates to receive interest due on an Interest Payment Date).

Appears in 1 contract

Samples: Indenture (Sinclair Broadcast Group Inc)

Rights of Redemption. (a) Except as described in this Section 1101, the Securities are not redeemable until March October 15, 20212014. The Securities will be subject to redemption at any time on or after March October 15, 20212014, at the Company’s option, in whole in part, on not less than 15 nor more than 60 days’ prior notice in amounts of $2,000 or an integral multiple of $1,000 in excess thereof at the following Redemption Prices (expressed as percentages 129 of the principal amount), if redeemed during the twelve-month period beginning March October 15 of the years indicated below: Year Redemption Price 2021 102.9382014 104.188 % 2022 101.9582015 102.094 % 2023 100.9792016 100.000 % 2024 and thereafter 100.000at 100% of the principal amount, in each case together with accrued and unpaid interest, if any, to the Redemption Date (subject to the right of the Holders of record on relevant record dates to receive interest due on an Interest Payment Date).

Appears in 1 contract

Samples: Indenture (Sinclair Broadcast Group Inc)

Rights of Redemption. (a) Except as described in this Section 1101, the Securities are not redeemable until March 15October 1, 20212017. The Securities will be subject to redemption at any time on or after March 15October 1, 20212017, at the Company’s option, in whole in part, on not less than 15 nor more than 60 days’ prior notice in amounts of $2,000 or an integral multiple of $1,000 in excess thereof at the following Redemption Prices (expressed as percentages of the principal amount), if redeemed during the twelve-month period beginning March 15 October 1 of the years indicated below: Year Redemption Price 2021 102.9382017 103.063 % 2022 101.9582018 102.042 % 2023 100.9792019 101.021 % 2024 2020 and thereafter 100.000100.000 % in each case together with accrued and unpaid interest, if any, to the Redemption Date (subject to the right of the Holders of record on relevant record dates to receive interest due on an Interest Payment Date).

Appears in 1 contract

Samples: Indenture (Sinclair Broadcast Group Inc)

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