Common use of Selection of Debentures to be Redeemed Clause in Contracts

Selection of Debentures to be Redeemed. If less than all the outstanding Debentures of a series are to be redeemed at any time, the Trustee shall select the Debentures of such series to be redeemed by lot or by any other method the Trustee considers fair and appropriate. The Trustee shall make the selection at least 30 but not more than 60 days before the Redemption Date from outstanding Debentures of such series not previously called for redemption. Provisions of this Indenture that apply to Debentures called for redemption also apply to portions of Debentures called for redemption. The Trustee shall notify the Company promptly of the Debentures or portions of Debentures to be redeemed.

Appears in 14 contracts

Samples: Indenture (Radio One Licenses LLC), Public Service Enterprise Group Inc, Public Service Electric & Gas Co

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Selection of Debentures to be Redeemed. If less than all the outstanding Debentures of a series are to be redeemed at any time, the Trustee shall select the Debentures of such series to be redeemed by lot or by any other method the Trustee considers fair and appropriate. The Trustee shall make the selection at least 30 but not more than 60 days before the Redemption Date from outstanding Debentures of such series not previously called for redemption. Provisions of this Junior Indenture that apply to Debentures called for redemption also apply to portions of Debentures called for redemption. The Trustee shall notify the Company promptly of the Debentures or portions of Debentures to be redeemed.

Appears in 14 contracts

Samples: Junior Indenture (Hawaiian Electric Co Inc), Junior Indenture (Maui Electric Co LTD), Junior Indenture (Hawaiian Electric Co Inc)

Selection of Debentures to be Redeemed. If less than all the outstanding Debentures of a series are to be redeemed at any time, the Trustee Company shall select the Debentures of such series to be redeemed by lot or by any other method the Trustee Company considers fair and appropriate. The Trustee Company shall make the selection at least 30 but not more than 60 days before the Redemption Date from outstanding Debentures of such series not previously called for redemption. Provisions of this Indenture that apply to Debentures called for redemption also apply to portions of Debentures called for redemption. The Trustee Company shall notify the Company Trustee promptly of the Debentures or portions of Debentures to be redeemed.

Appears in 3 contracts

Samples: New York Community Capital Trust I, New York Community Bancorp Inc, New York Community Bancorp Inc

Selection of Debentures to be Redeemed. If less than all the outstanding Debentures of a series are to be redeemed at any time, the Trustee shall select the Debentures of such series to be redeemed by lot or by any other method the Trustee considers fair and appropriate. The Trustee shall make the selection at least 30 but not more than 60 days before the Redemption Date from outstanding Debentures of such series not previously called for redemption. The Trustee shall notify the Company promptly in writing of the Debentures or portions of Debentures to be redeemed and, in the case of any Debentures selected for partial redemption, the principal amount thereof to be redeemed. Provisions of this Indenture that apply to Debentures called for redemption also apply to portions of Debentures called for redemption. The Trustee shall notify the Company promptly of the Debentures or portions of Debentures to be redeemed.

Appears in 3 contracts

Samples: Prudential Financial Inc, Prudential Financial Inc, Prudential Financial Inc

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Selection of Debentures to be Redeemed. If less than --------------------------------------- all the outstanding Debentures of a series are to be redeemed at any time, the Trustee shall select the Debentures of such series to be redeemed by lot or by any other method the Trustee considers fair and appropriate. The Trustee shall make the selection at least 30 but not more than 60 days before the Redemption Date from outstanding Debentures of such series not previously called for redemption. Provisions of this Indenture that apply to Debentures called for redemption also apply to portions of Debentures called for redemption. The Trustee shall notify the Company promptly of the Debentures or portions of Debentures to be redeemed.

Appears in 1 contract

Samples: SJG Capital Trust

Selection of Debentures to be Redeemed. If less than all the outstanding Debentures of a series are to be redeemed at any time, the Trustee shall select the Debentures of such series to be redeemed on a pro rata basis, by lot or by any other method the Trustee considers fair and appropriate. The Trustee shall make the selection at least 30 but not more than 60 days before the Redemption Date from outstanding Debentures of such series not previously called for redemption. Provisions of this Indenture that apply to Debentures called for redemption also apply to portions of Debentures called for redemption. The Trustee shall notify the Company promptly of the Debentures or portions of Debentures to be redeemed.

Appears in 1 contract

Samples: Peco Energy Co

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