Special Redemptions Sample Clauses

Special Redemptions. (a) If the related Terms Indenture provides for Payment Dates in respect of any Series to occur less frequently than every month, and if the Indenture Trustee or other specified Person determines (based on the assumptions, if any, and as a result of the particular circumstances, if any, specified in the related Terms Indenture and after giving effect to the amounts, if any, available to be withdrawn under any form of Enhancement for such Series) that the amount anticipated to be on deposit in the related Bond Account and available to make payments on the Bonds of such Series on the next succeeding Payment Date or other date specified in the related Terms Indenture, shall be insufficient to pay interest and/or principal expected or assumed, as the case may be, to be due and payable on the Bonds of such Series on such date, then, to the extent and subject to the conditions specified in the related Terms Indenture, the Bonds of any Class of such Series may be subject to special redemption, in whole or in part, at the applicable Special Redemption Price therefor, on a pro rata basis, on any Special Redemption Date in any calendar month during which a Payment Date does not also occur. (b) There shall be no limit upon the number of times the Issuer may call Bonds for special redemption and more than one Special Redemption Date may be fixed by the Issuer between two succeeding Payment Dates so long as (i) the requisite determinations contemplated by Section 10.04(a) and specified in the related Terms Indenture are made, (ii) the other requirements of this Article X are complied with and (iii) no more than one Special Redemption Date shall be scheduled in any calendar month. (c) Unless otherwise stated in the related Terms Indenture, the Special Redemption Price for any Bond of a Series to be redeemed in connection with a special redemption pursuant to this Section 10.04 will be equal to 100% of the outstanding Principal Amount of such Bond or portion thereof to be so redeemed, together with accrued and unpaid interest thereon at the applicable Bond Interest Rate from the first day following the Interest Accrual Period relating to the Payment Date immediately preceding the Special Redemption Date (or from the Accrual Date in the case of a special redemption prior to the first Payment Date for such Series) through the Designated Interest Accrual Date for the Special Redemption Date.
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Special Redemptions. (a) If prior to 5:00 pm New York time on May 4, 2005 (the "Special Mandatory Redemption Date"), the Trustee has not received from the Company an Officer's Certificate, in the form attached as Exhibit A to the Escrow Agreement, the Trustee shall deliver to the Escrow Agent a certificate in the form attached as Exhibit D to the Escrow Agreement, and shall thereby cause the Escrow Agent to distribute the Escrow Property in accordance with Section 1.4(e) of the Escrow Agreement. The Trustee shall use the proceeds received from the Escrow Agent, to the extent received, to redeem the Notes at 100% of the aggregate principal amount of the Notes plus accrued interest to the date of such redemption. Upon the closing of the Merger on or before the Special Mandatory Redemption Date, the foregoing provisions of this Section (6)(a) shall be null and void. (b) At any time prior to the Special Mandatory Redemption Date, the Company, with the consent of, or as instructed by, IWO Holdings, Inc. may elect to redeem the Notes upon 10 days prior notice to the Trustee. Promptly upon the receipt of such notice from the Company, the Trustee shall provide written notice to the Escrow Agent of the Company's determination, and shall thereby cause the Escrow Agent to distribute the Escrow Property in accordance with Section 1.4(f) of the Escrow Agreement. The Trustee shall use the proceeds received from the Escrow Agent, to the extent received, to redeem the Notes at 100% of the aggregate principal amount of the Notes plus accrued interest to the date of such redemption. Upon the closing of the Merger on or before the Special Mandatory Redemption Date, the foregoing provisions of this Section (6)(b) shall be null and void.
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Special Redemptions. (a) If an Event of Loss or Total Taking with respect to the Leased Property shall occur, the Series A Notes are subject to redemption as set forth in Section 6.1(b)(i) of the Original Indenture. (b) If the Lease shall be terminated pursuant to Section 5.1 thereof, the Series A Notes are subject to redemption as set forth in Section 6.1(b)(ii) of the Original Indenture. Each Outstanding Series A Note will be redeemed in whole at a Redemption Price equal to the aggregate unpaid principal amount thereof together with accrued but unpaid interest thereon to, but not including, the applicable Redemption Date plus, a Premium, if any, thereon. (c) The Series A Notes are also subject to purchase at the option of the Lessor in accordance with the terms of Sections 7.10(c) of the Original Indenture.
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Special Redemptions. 5.1 If a Deemed Liquidation Event is proposed to occur, the Corporation shall give prompt written notice of such Deemed Liquidation Event describing in reasonable detail the material terms and date of consummation thereof to each holder of Preferred Stock, but in any event such notice shall not be given later than five days prior to the occurrence of such Deemed Liquidation Event, and the Corporation shall give each holder of Preferred Stock prompt written notice of any material change in the terms or timing of such transaction. Any holder of Preferred Stock may require the Corporation to redeem all or any portion of the Preferred Stock owned by such holder at a price per share equal to the Original Issue Price thereof (plus all accrued and unpaid dividends thereon) by giving written notice to the Corporation of such election prior to the later of (a) 21 days after receipt of the Corporation’s notice and (b) five days prior to the [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.
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Special Redemptions. (a) If prior to 5:00 pm New York time on May 4, 2005 (the "Special Mandatory Redemption Date"), the Trustee has not received from the Company an Officer's Certificate, in the form attached as Exhibit A to the Escrow Agreement, the Trustee shall deliver to the Escrow Agent a certificate in the form attached as Exhibit D to the Escrow Agreement, and shall thereby cause the Escrow Agent to distribute the Escrow Property in accordance with Section 1.4(e) of the Escrow Agreement. The Trustee shall use the proceeds received from the Escrow Agent, to the extent received, to redeem the Notes at 100% of the aggregate principal amount of the Notes plus accrued interest to the date of such redemption. Upon the closing of the Merger on or before the Special Mandatory Redemption Date, the foregoing provisions of this Section (6)(a) shall be null and void. (b) At any time prior to the Special Mandatory Redemption Date, the Company, with the consent of, or as instructed by, IWO Holdings, Inc. may elect to redeem the Notes upon 10 days prior notice to the Trustee. Promptly upon the receipt of such notice from the Company, the Trustee shall provide written notice to the Escrow Agent of the Company's determination, and shall thereby cause the Escrow Agent to distribute the Escrow Property in accordance with Section 1.4(f) of the Escrow Agreement. The Trustee shall use the proceeds received from the Escrow Agent, to the extent received, to redeem the Notes at 100% of the aggregate principal amount of the Notes plus accrued interest to the date of such redemption. Upon the closing of the Merger on or before the Special Mandatory Redemption Date, the foregoing provisions of this Section (6)(b) shall be null and void.
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Related to Special Redemptions

  • Special Redemption Principal payments on the Secured Notes shall be made in part in accordance with the Priority of Payments on any Payment Date (i) during the Reinvestment Period, if the Collateral Manager in its sole discretion notifies the Trustee at least five (5) Business Days prior to the applicable Special Redemption Date that it has been unable, for a period of at least twenty (20) consecutive Business Days, to identify additional Collateral Obligations that are deemed appropriate by the Collateral Manager in its sole discretion and which would satisfy the Investment Criteria in sufficient amounts to permit the investment or reinvestment of all or a portion of the funds then in the Collection Account that are to be invested in additional Collateral Obligations or (ii) after the Effective Date, if the Collateral Manager notifies the Trustee that a redemption is required pursuant to Section 7.18 in order to (A) satisfy the Effective Date S&P Conditions or (B) obtain from S&P its written confirmation of its Initial Ratings of the Secured Notes (each of (i) and (ii), a “Special Redemption”). On the first Payment Date following the Collection Period in which such notice is given (a “Special Redemption Date”), the amount in the Collection Account representing, as applicable, either (i) Principal Proceeds which the Collateral Manager has determined cannot be reinvested in additional Collateral Obligations will be applied as described in Section 11.1(a)(ii)(E), or (ii) Interest Proceeds and Principal Proceeds available therefor will be applied to pay principal of the Secured Notes in accordance with the Note Payment Sequence as described in Section 11.1(a)(i)(F) and Section 11.1(a)(ii)(C) (but in the case of this clause (ii), only to the extent that the Collateral Manager does not direct that the Interest Proceeds and Principal Proceeds be allocated to the purchase of additional Collateral Obligations) until the Issuer obtains written confirmation from S&P of the Initial Ratings of the Secured Notes or the Effective Date S&P Conditions have been satisfied (the applicable amount payable under clause (i) or (ii), the “Special Redemption Amount”) will be applied in accordance with the Priority of Payments. Notice of a Special Redemption shall be given by the Trustee not less than three (3) Business Days prior to the applicable Special Redemption Date (x) by email transmission, if available, and otherwise by facsimile, if available, or (y) by first class mail, postage prepaid, to each Holder of Securities affected thereby at such Holder’s facsimile number, email address or mailing address in the Register (and, in the case of Global Notes, delivered by electronic transmission to DTC) or the Share Register, as applicable, and to the Rating Agency.

  • In-kind redemptions The Acquiring Fund acknowledges and agrees that, if and to the extent consistent with the Acquired Fund’s registration statement, as amended from time to time, the Acquired Fund may, in its sole discretion, honor any redemption request partially or wholly in-kind in a manner consistent with Federated Hermes Funds’ Redemption-In-Kind Procedures.

  • Final Redemption Unless previously redeemed, or purchased and cancelled, the Bonds will be redeemed at their principal amount on the Interest Payment Date falling on, or nearest to, June 26, 2017. The Bonds may not be redeemed at the option of the Issuer other than in accordance with this Condition.

  • Partial Redemption (a) If less than all of the Notes of any series are to be redeemed at any time, the Trustee will select Notes of such series for redemption as follows: (i) if the Notes are listed on any national securities exchange, including the Canadian Securities Exchange, in compliance with the requirements of the principal national securities exchange; or (ii) if the Notes are not so listed, on a pro rata basis, by lot or by such method as the Trustee will deem fair and appropriate; or (iii) if the Notes are included in global form based on a method required by CDS, or, a method that most nearly approximates a pro rata selection as the Trustee deems appropriate. Subject to the foregoing and the Supplemental Indenture relating to any series of Notes (or, in the case of the 2023 Notes, Article 4), Notes or portions of Notes the Trustee selects for redemption shall be in minimum amounts of $1,000 or integral multiples of $1,000. (b) If Notes of any series are to be redeemed in part only, the Redemption Notice that relates to such Notes will state the portion of the principal amount of such Notes that is to be redeemed. In the event that one or more of such Notes becomes subject to redemption in part only, upon surrender of any such Notes for payment of the Redemption Price, together with interest accrued to but excluding the applicable Redemption Date, the Issuer shall execute and the Trustee shall authenticate and deliver without charge to the Holder thereof or upon the Holder’s order one or more new Notes of such series for the unredeemed part of the principal amount of the Notes so surrendered or, with respect to Global Notes, the Trustee shall make notations on the Global Notes of the principal amount thereof so redeemed. Unless the context otherwise requires, the terms “Note” or “Notes” as used in this Article 6 shall be deemed to mean or include any part of the principal amount of any Note which in accordance with the foregoing provisions has become subject to redemption.

  • Optional Redemption (a) Except as set forth in subparagraphs (b) and (c) of this Paragraph 5, the Issuer will not have the option to redeem the 2019 Notes prior to June 1, 2014. On or after June 1, 2014, the Issuer may redeem all or a part of the 2019 Notes upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of principal amount) set forth below plus accrued and unpaid interest on the 2019 Notes redeemed to, but not including, the applicable redemption date, if redeemed during the twelve-month period beginning on June 1 of the years indicated below, subject to the rights of Holders on the relevant record date to receive interest on the relevant Interest Payment Date: Year Percentage 2014 103.000 % 2015 101.500 % 2016 and thereafter 100.000 % Unless the Issuer defaults in the payment of the redemption price, interest will cease to accrue on the 2019 Notes or portions thereof called for redemption on the applicable redemption date. (b) Notwithstanding the provisions of subparagraph (a) of this Paragraph 5, at any time prior to June 1, 2014, the Issuer may on any one or more occasions redeem up to 35% of the aggregate principal amount of 2019 Notes issued under the Indenture (including any additional notes issued after the Issue Date) at a redemption price of 106.000% of the principal amount thereof, plus accrued and unpaid interest to, but not including the redemption date, with the net cash proceeds of one or more Equity Offerings; provided that (1) at least 65% in aggregate principal amount of the 2019 Notes issued under the Indenture (excluding Notes held by the Issuer and its Subsidiaries) remains outstanding immediately after the occurrence of such redemption and (2) that such redemption occurs within 180 days of the date of the closing of such Equity Offering. (c) At any time prior to June 1, 2014, the Issuer may also redeem all or a part of the 2019 Notes, upon not less than 30 nor more than 60 days’ prior notice mailed by first-class mail to each Holder’s registered address, at a redemption price equal to 100% of the principal amount of 2019 Notes redeemed plus the Applicable Premium as of, and accrued and unpaid interest, to, but not including, the date of redemption, subject to the rights of Holders of 2019 Notes on the relevant record date to receive interest due on the relevant interest payment date.