Common use of Selection of Securities to Be Redeemed or Purchased Clause in Contracts

Selection of Securities to Be Redeemed or Purchased. If less than all of the Securities are to be redeemed or purchased in an offer to purchase at any time, the Trustee will select Securities for redemption or purchase on a pro rata basis or to the extent that selection on a pro rata basis is not practicable, by lot or by such method as the Trustee shall deem fair and appropriate; unless otherwise required by law or applicable stock exchange requirements, subject in each case to the applicable procedures of the Depositary. In the event of such partial redemption or purchase, the particular Securities to be redeemed or purchased will be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption or purchase date by the Trustee from the outstanding Securities not previously called for redemption or purchase. The Trustee will promptly notify the Company in writing of the Securities selected for redemption or purchase and, in the case of any Securities selected for partial redemption or purchase, the principal amount thereof to be redeemed or purchased. Securities and portions of Securities selected will be in multiples of $1,000; provided that if all of the Securities of a Holder are to be redeemed or purchased, the entire outstanding amount of Securities held by such Holder, even if not a multiple of $1,000, shall be redeemed or purchased; and provided further that any unredeemed portion of a Security shall be equal to $2,000 or a multiple of $1,000 in excess thereof. Except as provided in the preceding sentence, provisions of this Indenture that apply to Securities called for redemption or purchase also apply to portions of Securities called for redemption or purchase.

Appears in 7 contracts

Samples: Indenture (SMART Global Holdings, Inc.), Indenture (Tetralogic Pharmaceuticals Corp), Equinix Inc

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Selection of Securities to Be Redeemed or Purchased. If less than all Unless otherwise indicated for a particular series of Securities by an Officer’s Certificate, supplemental indenture or resolutions of the Issuers’ Boards, in the case of a partial redemption or purchase, selection of the Securities of a series for redemption or purchase will be made by lot. For so long as the Securities are held by DTC (or another Depositary), the redemption or purchase of the Securities shall be done in accordance with the policies and procedures of the Depositary. Such Securities of a series to be redeemed or purchased in an offer to purchase at any time, the Trustee will select Securities for redemption or purchase on a pro rata basis or to the extent that selection on a pro rata basis is not practicable, by lot or by such method as the Trustee shall deem fair and appropriate; unless otherwise required by law or applicable stock exchange requirements, subject in each case to the applicable procedures of the Depositary. In the event of such partial redemption or purchase, the particular Securities to be redeemed or purchased will be selected, unless otherwise provided hereinherein or by an Officer’s Certificate, supplemental indenture or resolutions of the Issuers’ Boards for a particular series of Securities, not less than 30 10 nor more than 60 days prior to the redemption or purchase date by the Trustee Redemption Date from the outstanding Securities of such series not previously called for redemption or purchase. The Trustee will promptly notify the Company in writing Securities and portions of the Securities selected for redemption or purchase and, shall be in an authorized denomination (which shall not be less than the case of any Securities selected minimum authorized denomination provided for partial redemption or purchase, the principal amount thereof to be redeemed or purchased. Securities and portions a particular series of Securities selected will be in multiples by an Officer’s Certificate, supplemental indenture or resolutions of $1,000; provided the Issuers’ Boards), except that if all of the Securities of a Holder are to be redeemed or purchased, the entire outstanding amount of Securities of such series held by such Holder, even if not a multiple of $1,000in an authorized denomination, shall be redeemed or purchased; and provided further that any unredeemed portion of a Security shall be equal to $2,000 or a multiple of $1,000 in excess thereof. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Securities of a series called for redemption or purchase also apply to portions of Securities of that series called for redemption or purchase.

Appears in 2 contracts

Samples: Base Indenture (Dell International L.L.C.), Base Indenture (Dell Technologies Inc.)

Selection of Securities to Be Redeemed or Purchased. (a) If less than all of the Securities are to be redeemed or purchased in an offer pursuant to purchase at any timeSection 3.7, the Trustee will shall select the Securities for redemption or purchase to be redeemed on a pro rata basis or to the extent that selection on a pro rata basis is not practicablebasis, by lot or by in such method other manner as the Trustee shall deem fair and appropriateequitable; unless otherwise required by law or applicable stock exchange requirementsprovided, subject however, that in each the case to of a partial redemption of Securities made with the applicable procedures proceeds of a Public Equity Offering, selection of the DepositarySecurities for redemption shall be made on a pro rata basis, unless such method is otherwise prohibited (in which case the Securities to be purchased shall be selected by lot or in such other manner as the Trustee shall deem fair and equitable). In the event of such partial redemption or purchase, the The particular Securities to be redeemed or purchased will shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the date notice of redemption or purchase date is required to be sent by the Trustee Trustee, from the outstanding Securities not previously called for redemption or purchaseredemption. The Trustee will promptly shall notify the Company in writing of the Securities selected for redemption or purchase and, in the case of any Securities Security selected for partial redemption or purchaseredemption, the principal amount thereof to be redeemed or purchasedredeemed. Securities and portions of Securities them selected will shall be in amounts of $1,000 or integral multiples of $1,000; provided that if all of the Securities of a Holder are to be redeemed or purchased, the entire outstanding amount of Securities held by such Holder, even if not a multiple of $1,000, shall be redeemed or purchased; and provided further that any unredeemed portion of a Security shall be equal to $2,000 or a multiple of $1,000 in excess thereof. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Securities called for redemption or purchase also apply to portions of Securities called for redemption or purchaseredemption.

Appears in 2 contracts

Samples: Integrated Health Services (Integrated Health Services Inc), Indenture (Integrated Health Services Inc)

Selection of Securities to Be Redeemed or Purchased. If less than all of the Securities are to be redeemed or purchased in an offer to purchase at any timeredeemed, the Trustee will shall select the Securities for redemption or purchase to be redeemed on a pro rata basis or to the extent that selection on a pro rata basis is not practicablebasis, by lot or by such other method as the Trustee shall deem fair and appropriate; unless otherwise required by law or appropriate (and in such manner as complies with applicable legal and stock exchange requirements, subject in each case to the applicable procedures of the Depositary). In the event of such partial redemption or purchaseredemption, other than pro rata, the particular Securities to be redeemed or purchased will shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption or purchase date by the Trustee from the outstanding Securities not previously called for redemption or purchaseredemption. The Trustee will shall promptly notify the Company in writing of the Securities selected for redemption or purchase and, in the case of any Securities Security selected for partial redemption or purchaseredemption, the principal amount thereof to be redeemed or purchasedredeemed. Securities and portions of Securities them selected will shall be in principal amounts of $1,000 or whole multiples of $1,000; provided except that if all of the Securities of a Holder are to be redeemed or purchasedredeemed, the entire outstanding principal amount of Securities held by such Holder, even if not a multiple of $1,000, Holder shall be redeemed or purchased; and provided further that any unredeemed portion of a Security shall be equal to $2,000 or a multiple of $1,000 in excess thereof. Except as provided in the preceding sentence, provisions of this Indenture that apply to Securities called for redemption or purchase also apply to portions of Securities called for redemption or purchaseredemption.

Appears in 1 contract

Samples: Indenture (Ultimate Electronics Inc)

Selection of Securities to Be Redeemed or Purchased. If less than all of the Securities are to be redeemed or purchased in an offer to purchase at any time, the Trustee will shall select the Securities for redemption to be redeemed or purchase purchased (a) if the Securities are listed on any national securities exchange, in compliance with the requirements of the principal national securities exchange on which the Securities are listed, or (b) on a pro rata basis or among those to be redeemed to the extent that selection on a practicable, or, if the pro rata basis is not practicablepracticable for any reason, by lot or by such other method as the Trustee shall deem fair and appropriate; unless otherwise required by law or applicable stock exchange requirements, appropriate subject in each case to the applicable rules and procedures of the DepositaryDTC. In the event of such partial redemption or purchasepurchase by lot, the particular Securities to be redeemed or purchased will shall be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption or purchase date Redemption Date by the Trustee from the outstanding Securities not previously called for redemption or purchase. The Trustee will shall promptly notify the Company Issuers in writing of the Securities selected for redemption or purchase and, in the case of any Securities Security selected for partial redemption or purchase, the principal amount thereof to be redeemed or purchased. Securities and portions of Securities selected will shall be in amounts of $2,000 or whole multiples of $1,0001,000 in excess thereof; provided no Securities of less than $2,000 can be redeemed or purchased in part, except that if all of the Securities of a Holder are to be redeemed or purchasedrepurchased, the entire outstanding amount of Securities held by such Holder, even if not a multiple of $1,000, 1,000 shall be redeemed or purchased; and provided further that any unredeemed portion of a Security shall be equal to $2,000 or a multiple of $1,000 in excess thereof. Except as provided in the preceding sentence, provisions of this Indenture that apply to Securities called for redemption or purchase also apply to portions of Securities called for redemption or purchase.

Appears in 1 contract

Samples: Indenture (CDW Technologies, Inc.)

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Selection of Securities to Be Redeemed or Purchased. If Unless otherwise indicated for a particular series by a Board Resolution, an Officers’ Certificate or a supplemental indenture or, if less than all of the Securities of a series are to be redeemed or purchased in an offer to purchase at any time, selection of the Trustee will select applicable series of Securities for redemption or purchase on a will be made pro rata basis or to the extent that selection on a pro rata basis is not practicablerata, by lot or by such other method as the Trustee shall deem in its sole discretion deems appropriate and fair and appropriate; unless otherwise required by law or applicable stock exchange requirements, subject in each case to accordance with the applicable procedures of the applicable Depositary. In the event of such partial redemption or purchasepurchase by lot of Securities in definitive registered form, the particular Securities to be redeemed or purchased will be selected, unless otherwise provided herein, not less than 30 10 nor more than 60 days prior to the redemption or purchase date by the Trustee from the outstanding Securities of the applicable series in definitive registered form not previously called for redemption or purchase. The Trustee will promptly notify the Company in writing of the Securities in definitive registered form selected for redemption or purchase and, in the case of any Securities such Security selected for partial redemption or purchase, the principal amount thereof to be redeemed or purchased. Securities and portions of Securities selected will be in amounts of equal to the minimum principal denomination for each series and integral multiples of $1,000thereof; provided except that if all of the Securities of a Holder in definitive registered form are to be redeemed or purchased, the entire outstanding amount of such Securities held by such Holder, even if not a multiple of $1,000, Holder shall be redeemed or purchased; and provided further that any unredeemed portion of a Security shall be equal to $2,000 or a multiple of $1,000 in excess thereof. Except as provided in the preceding sentence, provisions of this Indenture that apply to Securities in definitive registered form called for redemption or purchase also apply to portions of Securities in definitive registered form called for redemption or purchase.

Appears in 1 contract

Samples: Indenture (Fortive Corp)

Selection of Securities to Be Redeemed or Purchased. If less than all of the Securities are to be redeemed or purchased in an offer to purchase at any time, the Trustee will shall select the Securities for redemption to be redeemed or purchase purchased, as the case may be, in compliance with the requirements of the principal national securities exchange, if any, on which the Securities being redeemed or purchased, as the case may be, are listed or, if the Securities are not listed on a national securities exchange, on a pro rata basis or to the extent that selection on a pro rata basis is not practicablebasis, by lot or by such other method as the Trustee shall deem fair and appropriate; unless otherwise required by law or applicable stock exchange requirements, subject in each case to . The Trustee shall make the applicable procedures of the Depositary. In the event of such partial redemption or purchase, the particular Securities to be redeemed or purchased will be selected, unless otherwise provided herein, not less than 30 nor more than 60 days prior to the redemption or purchase date by the Trustee selection from the Securities outstanding Securities and not previously called for redemption or purchase. The Trustee will , as the case may be, and shall promptly notify the Company in writing of the Securities selected for redemption or purchase purchase, as the case may be, and, in the case of any Securities Security selected for partial redemption or purchase, as the case may be, the principal amount thereof to be redeemed or purchased, as the case may be. Securities and portions of Securities selected will be in multiples denominations of $1,000; provided that if all of the Securities of a Holder are to 1,000 or less may be redeemed or purchased, as the entire outstanding amount of Securities held by such Holdercase may be, even if not a multiple of $1,000only in whole. The Trustee may select for redemption or purchase, shall be redeemed or purchased; and provided further that any unredeemed portion of a Security shall be as the case may be, portions (equal to $2,000 1,000 or a any integral multiple thereof) of the principal of Securities that have denominations larger than $1,000 in excess thereof1,000. Except as provided in the preceding sentence, provisions Provisions of this Indenture that apply to Securities called for redemption or purchase purchase, as the case may be, also apply to portions of Securities called for redemption or purchase, as the case may be.

Appears in 1 contract

Samples: Doe Run Resources Corp

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