Common use of Selection and Notice Clause in Contracts

Selection and Notice. of Redemption If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata basis, by lot or in accordance with any other method the Trustee considers fair and appropriate. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. Notices of redemption may not be conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note will state the portion of the principal amount thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest and Liquidated Damages, if any, cease to accrue on Notes or portions of them called for redemption.

Appears in 3 contracts

Samples: Registration Rights Agreement (Signal Medical Services), Indenture (IMI of Arlington, Inc.), Registration Rights Agreement (Jw Childs Equity Partners Ii Lp)

AutoNDA by SimpleDocs

Selection and Notice. of Redemption If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata basis, by lot or in accordance with any other method the Trustee considers fair and appropriate. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. Notices of redemption may not be conditional. If any Note is to be A1-7 redeemed in part only, the notice of redemption that relates to that Note will state the portion of the principal amount thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest and Liquidated Damages, if any, cease to accrue on Notes or portions of them called for redemption.

Appears in 2 contracts

Samples: Registration Rights Agreement (Jw Childs Equity Partners Ii Lp), Registration Rights Agreement (Signal Medical Services)

Selection and Notice. of Redemption If less than all Selection of the Notes are or portions thereof for redemption pursuant to the foregoing shall be redeemed or purchased in an offer to purchase at any time, made by the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes in compliance with the requirements of the principal national securities exchange, if any, exchange on which the Notes are listed listed, if any, or, if the Notes are not so listedlisted on any national securities exchange, on a pro rata basis, by lot or in accordance with any other method the Trustee considers fair and appropriate. In the event of partial redemption by lot, . No Notes of $1,000 or less can be redeemed in part. Notice of redemption shall be mailed via first class mail at least 30 days but not more than 60 days before the particular redemption date to each Holder whose Notes are to be redeemed shall at the registered address of such Holder, except that redemption notices may be selected, unless otherwise provided herein, not less than 30 nor mailed more than 60 days prior to the a redemption date by if the Trustee from notice is issued in connection with a defeasance of the outstanding Notes not previously called for redemption. Notices or a satisfaction and discharge of redemption may not be conditionalthe Indenture. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note will state the portion of the principal amount thereof of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note will be issued in the name of the Holder thereof of such Note upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest and Liquidated Damages, if any, shall cease to accrue on the Notes or portions of them thereof called for redemptionredemption and such Notes will cease to be Outstanding.

Appears in 2 contracts

Samples: Indenture (NVR Inc), Fourth Supplemental Indenture (NVR Inc)

Selection and Notice. of Redemption If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders selection of the Notes or portions thereof for redemption pursuant to the foregoing shall be made by the Trustee (a) in compliance with the requirements of the principal national securities exchange, if any, exchange on which the Notes are listed orlisted, if any; or (b) if the Notes are not so listedlisted on any national securities exchange, on a pro rata basisrata, by lot or in accordance with any other by such method as the Trustee considers deems fair and appropriate. In No Notes of $1,000 or less can be redeemed in part. Notice of redemption shall be given at least 15 days but not more than 60 days before the event of partial redemption by lot, the particular date to each Holder whose Notes are to be redeemed shall redeemed, except that redemption notices may be selected, unless otherwise provided herein, not less than 30 nor given more than 60 days prior to the a redemption date by if the Trustee from notice is issued in connection with a defeasance of the outstanding Notes not previously called for redemptionor a satisfaction and discharge of the Indenture. Notices of redemption may not be conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note will state the portion of the principal amount thereof of that Note that is to be redeemed. A If the Note is held in definitive form, a new Note in principal amount equal to the unredeemed portion of the original Note will be issued in the name of the Holder thereof of such Note upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, unless the Company defaults in payment of the redemption price, interest and Liquidated Damages, if any, shall cease to accrue on the Notes or portions of them thereof called for redemptionredemption and such Notes will cease to be Outstanding.

Appears in 1 contract

Samples: NVR Inc

Selection and Notice. of Redemption If less than all of the Notes issued under the Indenture are to be redeemed or purchased in an offer to purchase at any time, selection of Notes for redemption will be made by the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata basis, by lot or in accordance with any other by such method as the Trustee considers shall deem fair and appropriate; provided that no Notes of $2,000 or less shall be redeemed in part. In Notices of redemption shall be mailed by first class mail at least 30 but not more than 60 days before the event redemption date to each holder of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemptionat its registered address. Notices of redemption may not be conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to that such Note will shall state the portion of the principal amount thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note thereof will be issued in the name of the Holder holder thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest and Liquidated Damages, if any, cease ceases to accrue on Notes or portions of them called for redemption.

Appears in 1 contract

Samples: Credit Agreement (Solutia Inc)

AutoNDA by SimpleDocs

Selection and Notice. of Redemption If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders of the Notes in compliance with the requirements A1-7 of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, on a pro rata basis, by lot or in accordance with any other method the Trustee considers fair and appropriate. In the event of partial redemption by lot, the particular Notes to be redeemed shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption date by the Trustee from the outstanding Notes not previously called for redemption. Notices of redemption may not be conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note will state the portion of the principal amount thereof to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest and Liquidated Damages, if any, cease to accrue on Notes or portions of them called for redemption.

Appears in 1 contract

Samples: Indenture (IMI of Arlington, Inc.)

Selection and Notice. of Redemption If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall select the Notes to be redeemed or purchased among the Holders selection of the Notes or portions thereof for redemption pursuant to the foregoing shall be made by the Trustee (a) in compliance with the requirements of the principal national securities exchange, if any, exchange on which the Notes are listed orlisted, if any; or (b) if the Notes are not so listedlisted on any national securities exchange, on a pro rata basisrata, by lot or in accordance with any other by such method as the Trustee considers deems fair and appropriate. In No Notes of $1,000 or less can be redeemed in part. Notice of redemption shall be mailed via first class mail at least 30 days but not more than 60 days before the event of partial redemption by lot, the particular date to each Holder whose Notes are to be redeemed shall at the registered address of such Holder, except that redemption notices may be selected, unless otherwise provided herein, not less than 30 nor mailed more than 60 days prior to the a redemption date by if the Trustee from notice is issued in connection with a defeasance of the outstanding Notes not previously called for redemptionor a satisfaction and discharge of the Indenture. Notices of redemption may not be conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note will state the portion of the principal amount thereof of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note will be issued in the name of the Holder thereof of such Note upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, unless the Company defaults in payment of the redemption price, interest and Liquidated Damages, if any, shall cease to accrue on the Notes or portions of them thereof called for redemptionredemption and such Notes will cease to be Outstanding.

Appears in 1 contract

Samples: Indenture (NVR Inc)

Selection and Notice. of Redemption If less than all of the Notes are to be redeemed or purchased in an offer to purchase at any time, the Trustee shall will select the Notes to be redeemed or purchased among the Holders of the Notes in compliance with the requirements of the principal national securities exchange, if any, on which the Notes are listed or, if the Notes are not so listed, for redemption on a pro rata basis, by lot or in accordance with any such other method methods as the Trustee considers shall deem fair and appropriate, unless otherwise required by law or applicable stock exchange or depository requirements. In No Notes of $1,000 or less can be redeemed in part. Notices of redemption will be mailed by first class mail at least 30 but not more than 60 days before the event redemption date to each Holder of partial redemption by lot, the particular Notes to be redeemed shall at its registered address, except that redemption notices may be selected, unless otherwise provided herein, not less than 30 nor mailed more than 60 days prior to the a redemption date by if the Trustee from notice is issued in connection with a defeasance of the outstanding Notes not previously called for redemptionor a satisfaction and discharge of this Indenture. Notices of redemption may not be conditional. If any Note is to be redeemed in part only, the notice of redemption that relates to that Note will state the portion of the principal amount thereof of that Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note will be issued in the name of the Holder thereof upon cancellation of the original Note. Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest and Liquidated Damages, if any, cease ceases to accrue on Notes or portions of them Notes called for redemption.

Appears in 1 contract

Samples: Agreement (National Coal Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.