Common use of Special Event Redemption Clause in Contracts

Special Event Redemption. If a Special Event shall occur and be continuing, the Company shall have the right to redeem the Debentures in whole, but not in part, at any Interest Payment Date, within 120 days following the occurrence of such Special Event (the "Special Redemption Date") at the Special Redemption Price.

Appears in 15 contracts

Samples: Indenture (MortgageIT Holdings, Inc.), Indenture (James River Group, INC), Indenture (Bancinsurance Corp)

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Special Event Redemption. If a Special Event shall occur and be continuing, the The Company shall have has the right to redeem the Debentures at the Redemption Price at any time in whole, but not in part, at any Interest Payment Date, within 120 90 days following the occurrence of such a Special Event (the "Special Redemption Date") at the Special Redemption PriceEvent.

Appears in 4 contracts

Samples: Bay View Capital I, Bay View Capital I, Bay View Capital I

Special Event Redemption. If a Special Event shall occur and be continuing, the Company shall have the right to redeem the Debentures in whole, but not in part, at any Interest Payment Date, within 120 days following the occurrence of such Special Event (the "β€œSpecial Redemption Date"”) at the Special Redemption Price.

Appears in 1 contract

Samples: Indenture (ACA Capital Holdings Inc)

Special Event Redemption. If a Special Event shall occur and be continuing, the Company shall have the right to may at its option redeem the Debentures in whole, whole (but not in part, at any Interest Payment Date, ) within 120 90 days following of the occurrence of such Special Event (the "Special Redemption Date") Event, at the Special Event Redemption Price. Following a Special Event, the Company shall take such action as is necessary to promptly determine the Special Event Redemption Price, including without limitation the appointment by the Company of a Quotation Agent.

Appears in 1 contract

Samples: Renaissancere Holdings LTD

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Special Event Redemption. If a Special Event shall occur and be continuing, the Company shall have the right to redeem the Debentures in whole, but not in part, at any Interest Payment Date, within 120 days following the occurrence of such Special Event (the "Special Redemption DateSPECIAL REDEMPTION DATE") at the Special Redemption Price.

Appears in 1 contract

Samples: Indenture (Bancinsurance Corp)

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