Common use of SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED Clause in Contracts

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denomination) of the principal amount of Registered Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 22 contracts

Samples: Wejo Group LTD, Brickell Biotech, Inc., Indenture (Century Casinos Inc /Co/)

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SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt in the case of a redemption in whole of Registered Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Registered Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Registered Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security security which has been or is to be redeemed.

Appears in 6 contracts

Samples: Magnum Hunter Resources Inc, Scotts Miracle-Gro Co, Tesoro Alaska Co

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt in the case of a redemption in whole of the Bearer Securities or the Registered Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Registered Security of such series is registered in the same name, the Trustee, in its discretion, may treat the aggregate principal amount so registered as if it were represented by one Registered Security of such series. The Trustee shall promptly notify the Company and the Security Registrar (if other than itself) in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security security which has been or is to be redeemed.

Appears in 5 contracts

Samples: Indenture (Harrahs Entertainment Inc), Indenture (Hilton Hotels Corp), Indenture (Hilton Hotels Corp)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt in the case of a redemption in whole of the Registered Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as follows (i) if the Trustee Debt Securities are listed, in compliance with the requirements of the principal national securities exchange on which the Debt Securities are listed or (ii) if the Debt Securities are not so listed, on a pro rata basis subject to adjustment for minimum denominations. The portions of the principal amount of Debt Securities so selected for partial redemption shall deem fair and appropriate and which may provide for the selection for redemption of portions (be equal to the minimum authorized denomination denominations for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated or any integral multiple thereof which is also an authorized denomination) thereof, except as otherwise set forth in the applicable form of the principal amount of Registered Securities or Bearer Securities (if issued in Debt Securities. In any case when more than one authorized denomination) Registered Security of such series of a denomination larger than is registered in the minimum authorized denomination for Debt Securities same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Registered Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security security which has been or is to be redeemed.

Appears in 5 contracts

Samples: Calgon Carbon Corporation, Calgon Carbon Corporation, MOB Corp

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt in the case of a redemption in whole of the Registered Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Registered Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Registered Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security security which has been or is to be redeemed.

Appears in 5 contracts

Samples: Genesee & Wyoming Inc, Bedford Property Investors Inc/Md, Genesee & Wyoming Inc

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination $1,000 denominations for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than $1,000 denominations. The portions of the minimum authorized denomination for principal amount of Debt Securities so selected for partial redemption shall be in denominations of $1,000 or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Debt Security of such series is registered in the same name, the Trustee, in its discretion, may treat the aggregate principal amount so registered as if it were represented by one Debt Security of such series. The Trustee shall promptly notify the Company and the Security Registrar (if other than itself) in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security security which has been or is to be redeemed.

Appears in 4 contracts

Samples: Indenture (Pinnacle Entertainment Inc), Indenture (Pinnacle Entertainment Inc), Indenture (MGM Grand Inc)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all of the Debt Securities of any series with like tenor and terms are to be the redeemed, the particular Debt Securities to be redeemed shall will be selected not more than 60 45 days prior to the Redemption Date by the Trustee, Trustee from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemptionredemption unless otherwise required by law or applicable depositary requirements, on a pro rata basis, by lot or such method as the Trustee shall will deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denomination) of the principal amount of Registered Securities or Bearer Securities (if issued in more than one authorized denomination) Debt Securities; provided, however, that no such partial redemption will reduce the portion of such series the principal amount of a denomination larger Debt Security not redeemed to less than the minimum authorized denomination for a Debt Securities of such seriesSecurity established hereunder. The Trustee shall will promptly notify the Company and the Registrar (if other than itself) in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall will relate, in the case of any Debt Security Securities redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security Securities which has been or is to be redeemed.

Appears in 4 contracts

Samples: Indenture (City Holding Co), Indenture (City Holding Co), Indenture (City Holding Co)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt in the case of a redemption in whole of the Bearer Securities or the Registered Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.2 in the Currency in which the Debt Securities of such series are denominated. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.2 in the Currency in which the Debt Securities of such series are denominated or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Registered Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Registered Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 4 contracts

Samples: Indenture (Rga Capital Trust Ii), Indenture (Rga Capital Trust Ii), Talx Corp

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for in the case of a redemption in whole of the Debt Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemptionredemption on a pro rata basis, by lot or such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.2. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.2 or any integral multiple of $1,000 in excess thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Debt Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Debt Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. If any Debt Security selected for partial redemption is converted in part before the Redemption Date, the converted portion of such Debt Security shall be deemed, to the fullest extent practicable, to be the portion selected for redemption. Debt Securities which have been converted during a selection of Debt Securities to be redeemed may be treated by the Trustee as Outstanding for the purpose of such selection. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 3 contracts

Samples: Indenture (Reinsurance Group of America Inc), Indenture (Energizer Holdings Inc), Reinsurance Group of America Inc

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all the Debt Securities of any series with like tenor and terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 3 contracts

Samples: Indenture (Tandy Corp /De/), Countrywide Home Loans Inc, Countrywide Home Loans Inc

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all of the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities of such series to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, Trustee from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, redemption by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for such Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered such Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for such Debt Securities pursuant to Section 2.02(a) in the currency in which the such Debt Securities are denominated. The portions of the principal amount of the Debt Securities of such seriesseries so selected for partial redemption shall be equal to the minimum authorized denominations for such Debt Securities pursuant to Section 2.02(a) in the currency in which such Debt Securities are denominated or any integral multiple thereof. In any case when more than one Debt Security is registered in the same name, the Trustee, in its discretion, may treat the aggregate principal amount so registered as if it were represented by one Debt Security. The Trustee shall promptly notify the Company and the U.S. Depositary for the applicable series of Debt Securities (if other than itself) in writing of the Debt Securities of such series selected for redemption and, in the case of any Debt Securities of any such series selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 3 contracts

Samples: Indenture (Ramparts, Inc.), MGM Mirage, MRG Vegas Portal, Inc.

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for If less than all the Debt Securities of any seriesare to be redeemed, the Company may select the series to be redeemed, and if less than all the Debt Securities of any series with like tenor and terms are to be redeemed, the particular Debt Securities of that series to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the TrusteeTrustee for the Debt Securities of such series, from the Outstanding Debt Securities of such that series with like tenor and terms not previously called for redemption, by such method as the such Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series that series, or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such that series of a denomination larger than the minimum authorized denomination for Debt Securities of such seriesthat series pursuant to Section 302. The Trustee for the Debt Securities of any series to be redeemed shall promptly notify the Company in writing of the Debt Securities of such series selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security Securities which has been or is to be redeemed.

Appears in 3 contracts

Samples: Chiquita Brands International Inc, Chiquita Brands International Inc, Chiquita Brands International Inc

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt in the case of a redemption in whole of the Bearer Securities or the Registered Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Registered Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Registered Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 3 contracts

Samples: Prison Realty Trust Inc, TMS Venture Holdings Inc, Money Store Inc /Nj

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all of the Debt Securities of any series with like tenor and terms are to be redeemed at the option of the Company (unless all of the Debt Securities of such series are to be redeemed), the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, Trustee from the Outstanding outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, in compliance with the requirements of the principal national securities exchange, if any, on which such Debt Securities are listed, or, if such Debt Securities are not so listed, then on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate (and in such manner as complies with applicable legal requirements) and which may provide for the selection for redemption of portions (equal to of the minimum authorized denomination for principal of the Debt Securities of such series series; provided, however, that (a) Debt Securities and portions thereof that the Trustee selects shall be in amounts of $1,000 or any an integral multiple thereof which is also an authorized denominationof $1,000 and (b) no such partial redemption shall reduce the portion of the principal amount of Registered Securities or Bearer Securities (if issued in more a Debt Security not redeemed to less than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such series$1,000. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. If the Debt Securities of any series to be redeemed consist of Debt Securities having different dates on which the principal is payable or different rates of interest, or different methods by which interest may be determined or have any other terms, then the Company may, by written notice to the Trustee, direct that the Debt Securities of such series to be redeemed shall be selected from among the groups of such Debt Securities having specified terms and the Trustee shall thereafter select the particular Debt Securities to be redeemed in the manner set forth in the preceding paragraph from among the group of such Debt Securities so specified. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 3 contracts

Samples: Indenture (Stanley Works), Black & Decker Corp, Black & Decker Corp

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to SECTION 3.02 in the Currency in which the Debt Securities of such series are denominated. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to SECTION 3.02 in the Currency in which the Debt Securities of such series are denominated or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case where more than one Debt Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Debt Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which that has been or is to be redeemed.

Appears in 2 contracts

Samples: Hca Inc/Tn, Hca Inc/Tn

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all the Debt Securities of any series issued on the same day with like tenor and the same terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series issued on such date with like tenor and the same terms not previously called for redemptionredemption (excluding any such Outstanding Debt Securities held by the Company or any of its Subsidiaries), by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities 62 of such that series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such that series. The Trustee shall promptly notify the Company and the Debt Security Registrar (if other than itself) in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 2 contracts

Samples: Bre Properties Inc /Md/, Bre Properties Inc /Md/

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt in the case of a redemption in whole of the Registered Securities of any a series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.2 in the Currency in which the Debt Securities of such series are denominated. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.2 in the Currency in which the Debt Securities of such series are denominated or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Registered Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Registered Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 2 contracts

Samples: Rga Capital Trust Ii, Reinsurance Group of America Inc

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination $1,000 denominations for 62 Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than $1,000 denominations. The portions of the minimum authorized denomination for principal amount of Debt Securities so selected for partial redemption shall be in denominations of $1,000 or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Debt Security of such series is registered in the same name, the Trustee, in its discretion, may treat the aggregate principal amount so registered as if it were represented by one Debt Security of such series. The Trustee shall promptly notify the Company and the Security Registrar (if other than itself) in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security security which has been or is to be redeemed.

Appears in 2 contracts

Samples: Trustee and Company (Metro-Goldwyn-Mayer Inc), MGM Grand Inc

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all the Debt Securities of any series issued on the same day with like tenor and the same terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series issued on such date with like tenor and the same terms not previously called for redemptionredemption (excluding any such Outstanding Debt Securities held by the Company or any of its Subsidiaries), by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such that series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such that series. The Trustee shall promptly notify the Company and the Security Registrar (if other than itself) in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 2 contracts

Samples: Indenture (Bre Properties Inc /Md/), Indenture (Bre Properties Inc /Md/)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. (a) Except as otherwise specified as contemplated by pursuant to Section 301 for Debt Securities of any series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 45 days prior to the Redemption Date by the Trustee, Trustee from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by a method that complies with the requirements of the principal national securities exchange or quotation system (which shall be provided or caused to be provided by the Issuer to the Trustee), if any, on which the Debt Securities are listed or quoted or, if the Debt Securities are not so listed or quoted, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which that is also an authorized denomination, but in no event shall such portion be less than $1,000) of the principal amount of Registered Securities or Bearer Debt Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 2 contracts

Samples: Senior Indenture (Nortel Networks Corp), Nortel Networks Corp

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all the Debt Securities of any series with like tenor and terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such that series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such that series. The Trustee shall promptly notify the Company Issuer in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, relate in the case of any Debt Security Securities redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 2 contracts

Samples: Indenture (Unilever N V), Indenture (Unilever United States Inc)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all the Debt Securities of any series issued on the same day with like tenor and the same terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series issued on such date with like tenor and the same terms not previously called for redemptionredemption (excluding any such Outstanding Debt Securities held by the Company or any of its Subsidiaries), by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such that series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such that series. The Trustee shall promptly notify the Company and the Debt Security Registrar (if other than itself) in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 2 contracts

Samples: Indenture (Bre Properties Inc /Md/), Bre Properties Inc /Md/

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for in the case of a redemption in whole of the Debt Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemptionredemption on a pro rata basis, by lot or such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.2, provided that so long as any Debt Securities are in the Form of Global Notes, the particular Debt Securities to be redeemed will be made by the Depositary in accordance with its applicable procedures. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the authorized denominations for Debt Securities of such series pursuant to Section 3.2 or any integral multiple of $1,000 in excess thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Debt Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Debt Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. If any Debt Security selected for partial redemption is converted in part before the Redemption Date, the converted portion of such Debt Security shall be deemed, to the fullest extent practicable, to be the portion selected for redemption. Debt Securities which have been converted during a selection of Debt Securities to be redeemed may be treated by the Trustee as Outstanding for the purpose of such selection. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 2 contracts

Samples: Indenture (Nicolet Bankshares Inc), Indenture (Heritage Financial Group Inc)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for in the case of a redemption in whole of the Debt Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemptionredemption on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.2. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.2 or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Debt Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Debt Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. If any Debt Security selected for partial redemption is converted in part before the Redemption Date, the converted portion of such Debt Security shall be deemed, to the fullest extent practicable, to be the portion selected for redemption. Debt Securities which have been converted during a selection of Debt Securities to be redeemed may be treated by the Trustee as Outstanding for the purpose of such selection. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 2 contracts

Samples: Sigma Aldrich Corp, Sigma Aldrich Corp

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for in the case of a redemption in whole of the Debt Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.2. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.2 or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Debt Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Debt Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. If any Debt Security selected for partial redemption is converted in part before the Redemption Date, the converted portion of such Debt Security shall be deemed, to the fullest extent practicable, to be the portion selected for redemption. Debt Securities which have been converted during a selection of Debt Securities to be redeemed may be treated by the Trustee as Outstanding for the purpose of such selection. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Ralcorp Holdings Inc /Mo

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and 66 appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denomination) of the principal amount of Registered Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (Fuller H B Co)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for in the case of a redemption in whole of the Debt Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemptionredemption on a pro rata basis, by lot or such other method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.2, provided that so long as any Debt Securities are in the Form of Global Notes, the particular Debt Securities to be redeemed will be made by the Depositary in accordance with its applicable procedures. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.2 or any integral multiple of $1,000 in excess thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Debt Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Debt Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. If any Debt Security selected for partial redemption is converted in part before the Redemption Date, the converted portion of such Debt Security shall be deemed, to the fullest extent practicable, to be the portion selected for redemption. Debt Securities which have been converted during a selection of Debt Securities to be redeemed may be treated by the Trustee as Outstanding for the purpose of such selection. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (Reinsurance Group of America Inc)

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SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all the Debt Securities of any series with like tenor and terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption redemption) of portions (equal to the minimum authorized denomination for Debt Securities of such that series or any integral multiple thereof which is also an authorized denomination) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of that series and which may provide (to the extent permitted by applicable laws and the rules of any securities exchanges on which the Debt Securities of such series may be listed) that the Trustee may first select for redemption Debt Securities of such series, if any, in denominations of less than $1,000. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security Securities redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security Securities which has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (Loews Corp)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If ------------------------------------------------------ less than all the Debt Securities of any series issued on the same day with like tenor and the same terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series issued on such date with like tenor and the same terms not previously called for redemptionredemption (excluding any such Outstanding Debt Securities held by the Company or any of its Subsidiaries), by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such that series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such that series. The Trustee shall promptly notify the Company and the Debt Security Registrar (if other than itself) in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Bre Properties Inc /Md/

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all the Debt Securities of any series with like tenor the same issue date and terms Stated Maturity are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such that series with like tenor and terms not previously called for redemption, by such method as specified in the Officers' Certificate or supplemental indenture referred to in Section 301 or, if not so specified, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series $100,000 or any an integral multiple thereof which is also an authorized denominationof $1,000 above $100,000) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such that series of a denomination larger than $100,000. The portions of the minimum authorized denomination for principal of Debt Securities of such that series so selected for partial redemption shall be equal to the smallest authorized denomination of the Debt Securities of that series or an integral multiple of $1,000 above $100,000. The portion of the principal of any Debt Security not redeemed shall not be less than the smallest authorized denomination of the Debt Securities of that series. The Trustee shall promptly notify the Company and each Debt Securities Registrar in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Nationwide Health Properties Inc

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt in the case of a redemption in whole of the Bearer Securities or the Registered Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Registered Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Registered Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security security which has been or is to be redeemed.

Appears in 1 contract

Samples: Prison Realty Trust Inc

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt in the case of a redemption in whole of Registered Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and Subordinated Indenture 69 appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Registered Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Registered Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security security which has been or is to be redeemed.

Appears in 1 contract

Samples: Tesoro Alaska Co

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if (a) If less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at any time pursuant to an optional redemption, the particular Debt Securities of such series to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, in compliance with the requirements of the principal national securities exchange, if any, on which the Debt Securities of such series are listed, or, if such series of Debt Securities are not so listed, on a pro rata basis, by lot or by such other method as the Trustee shall deem fair and appropriate (and in such manner as complies with applicable legal requirements) and which may provide for the selection for redemption of portions (equal to of the minimum principal of the Debt Securities of such series; provided that Debt Securities selected for partial redemption shall be in authorized denomination for denominations of such Debt Securities. If a partial redemption is made with Qualified Equity Proceeds, the Trustee will select the Debt Securities of such series only on a pro rata basis or any integral multiple thereof which on as nearly a pro rata basis as is also an authorized denomination) practicable (subject to procedures of the principal amount of Registered Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such seriesDepositary). The Trustee shall promptly notify the Company Issuer in writing of the Debt Securities of such series selected for redemption and, in the case of any Debt Securities of a series selected for partial redemption, the method it has chosen for the selection of Debt Securities of such series and the principal amount thereof to be redeemedredeemed and upon the Issuer’s written approval of such selection, the Trustee shall redeem the selected Debt Securities of such series. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities of a series shall relate, in the case of any Debt Security of a series redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (Nortel Networks LTD)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all the Debt Securities of any series with like tenor and terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such that series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such that series. The Trustee shall promptly notify the Company Issuer in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the 109 redemption of Debt Securities shall relate, relate in the case of any Debt Security Securities redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (Unilever PLC)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if If less than all the Debt Securities of any series with like tenor and terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days nor less than 30 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for registered Debt Securities of such that series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such that series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, relate in the case of any Debt Security Securities redeemed or to be redeemed only in part, to the portion of the principal amount of such registered Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Axa

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt in the case of a redemption in whole of the Bearer Securities or the Registered Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate (provided, that such method complies with the rules of any national securities exchange or quotation system on which the Debt Securities of such series are then listed) and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Registered Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Registered Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (Hubbell Inc)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denomination) of the principal amount of Registered Securities or Bearer Securities (if issued in more than one authorized denomination) of such series -84- 97 of a denomination larger than the minimum authorized denomination for Debt Securities of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Star Banc Corp /Oh/

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt Securities of any series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denomination) of the principal amount of Registered Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such series. The Trustee shall promptly notify the Company Issuer in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (Wells Fargo Finance LLC)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 3.01 for Debt Securities of any series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, Trustee from among the Outstanding Debt Securities of such series (or, in the case of Debt Securities of a series that may be originally issued from time to time with like tenor varying terms, from among the Outstanding Debt Securities of such series having the same original issue date and terms terms) not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for such Debt Securities of such series or any integral multiple thereof which that is also an authorized denomination) of the principal amount (or, in the case of Principal Indexed Securities, face amount) of Registered Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for such Debt Securities of such seriesSecurities. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount (or, in the case of Principal Indexed Securities, face amount) thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount (or, in the case of Principal Indexed Securities, face amount) of such Debt Security which that has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (HSBC Holdings PLC)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 3.1 for Debt Securities of any series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denomination) of the principal amount of Registered Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected selection for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (Sovereign Capital Trust V)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt in the case of a redemption in whole of Registered Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and 69 Subordinated Indenture appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Registered Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Registered Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security security which has been or is to be redeemed.

Appears in 1 contract

Samples: Meridian Resource CORP

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt in the case of a redemption in whole of the Bearer Securities or the Registered Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.02 in the Currency in which the Debt Securities of such series are denominated or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Registered Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Registered Security of such series. If any Debt Security selected for partial redemption is converted in part before termination of the conversion right with respect to the portion of the Debt Security so selected, the converted portion of such Debt Security shall be deemed (so far as may be) to be the portion selected for redemption. Debt Securities which have been converted during a selection of Debt Securities to be redeemed shall be treated by the Trustee as Outstanding for the purpose of such selection. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (United Companies Financial Corp)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as and contemplated by Section 301 for Debt Securities of any series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemed, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denomination) of the principal amount of Registered Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of a denomination larger than the minimum authorized denomination for Debt Securities of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Indenture (Popular Inc)

SELECTION BY TRUSTEE OF DEBT SECURITIES TO BE REDEEMED. Except as otherwise specified as contemplated by Section 301 for Debt in the case of a redemption in whole of the Bearer Securities or the Registered Securities of any such series, if less than all the Debt Securities of any series with like tenor and terms are to be redeemedredeemed at the election of the Company, the particular Debt Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Debt Securities of such series with like tenor and terms not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Debt Securities of such series or any integral multiple thereof which is also an authorized denominationthereof) of the principal amount of Registered Debt Securities or Bearer Securities (if issued in more than one authorized denomination) of such series of in a denomination larger than the minimum authorized denomination for Debt Securities of such series pursuant to Section 3.02. The portions of the principal amount of Debt Securities so selected for partial redemption shall be equal to the minimum authorized denominations for Debt Securities of such series pursuant to Section 3.02 or any integral multiple thereof, except as otherwise set forth in the applicable form of Debt Securities. In any case when more than one Registered Security of such series is registered in the same name, the Trustee in its discretion may treat the aggregate principal amount so registered as if it were represented by one Registered Security of such series. The Trustee shall promptly notify the Company in writing of the Debt Securities selected for redemption and, in the case of any Debt Securities selected for partial redemption, the principal amount thereof to be redeemed. For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Debt Securities shall relate, in the case of any Debt Security redeemed or to be redeemed only in part, to the portion of the principal amount of such Debt Security which has been or is to be redeemed.

Appears in 1 contract

Samples: Pledge Agreement (Maxxam Inc)

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