Selection of Notes to Be Redeemed in Part. If less than all Notes then outstanding are called for Redemption, then: (i) the Notes to be redeemed will be selected by the Issuer as follows: (1) in the case of Global Notes, in accordance with the Depositary Procedures and, if no such Depositary Procedures apply, pro rata, by lot or by such other method the Issuer considers fair and appropriate; and (2) in the case of Physical Notes, pro rata, by lot or by such other method the Issuer considers fair and appropriate; and (ii) [Reserved].
Appears in 3 contracts
Sources: Indenture (Wolfspeed, Inc.), Indenture (Wolfspeed Texas LLC), Indenture (Wolfspeed Texas LLC)
Selection of Notes to Be Redeemed in Part. If less fewer than all Notes then outstanding are called for Redemption, then:
(i) then the Notes to be redeemed will be selected by the Issuer as follows: :
(1) in the case of Global Notes, in accordance with the Depositary Procedures and, if no such Depositary Procedures apply, pro rata, by lot or by such other method the Issuer considers fair and appropriateProcedures; and (2) in the case of Physical Notes, pro rata, by lot or by such other method the Issuer Trustee considers fair and appropriate; and
(ii) [Reserved].
Appears in 1 contract
Sources: First Lien Indenture (Luminar Technologies, Inc./De)