Common use of Method and Effect of Redemption Clause in Contracts

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date the notice of redemption is sent to Holders, and the Trustee will select the Notes to be redeemed pro rata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require), in denominations of $1,000 principal amount and multiples thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date, except that a redemption notice may be sent more than 60 days prior to a redemption date if it is issued in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03.

Appears in 3 contracts

Samples: Supplemental Indenture (Sandridge Energy Inc), Indenture (Sandridge Energy Inc), Supplemental Indenture (Sandridge Energy Inc)

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Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 60 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Trustee, and the Trustee will select the Notes to be redeemed on a pro ratarata basis, by lot or by any other method the Trustee subject to adjustments so that no Notes are redeemed in its sole discretion deems fair and appropriate an unauthorized denomination (or, in the case of Notes represented by Global Notes, the Notes to be redeemed will be selected in such manner as DTC may requireaccordance with the Depositary’s applicable procedures), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $1,000 2,000 principal amount and higher integral multiples thereofof $1,000 (subject to the procedures of the Depositary). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice Notices of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption datedate in the case of Global Notes, to the Depositary in accordance with the procedures of the Depositary and in the case of certificated Notes, by first class mail, or delivered electronically if held at DTC, to each Holder of Notes to be redeemed at its registered address, except that a notices of redemption notice may be sent mailed more than 60 days prior to a redemption date if it the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03Indenture.

Appears in 3 contracts

Samples: Indenture, Supplemental Indenture (Rex Energy Corp), Indenture (Rex Energy Corp)

Method and Effect of Redemption. (a) If the Company elects Issuers elect to redeem NotesNotes pursuant to paragraph 4 thereof, it the Issuers must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 45 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Trustee, and the Trustee will select the Notes to be redeemed on a pro rata, rata basis or by lot or by any other method in accordance with the Trustee in its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require)Applicable Procedures, in denominations of $1,000 2,000 principal amount and multiples or any integral multiple of $1,000 in excess thereof. The Trustee will notify the Company Issuers promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be mailed by first-class mail (or sent by electronic transmission in the Company or case of Notes held in book entry form) by the Issuers or, at the Company’s Issuers’ request, by the Trustee in the name and at the expense of the Company, Issuers to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date; provided, except however, that a redemption notice may be sent more than 60 the Issuers shall have delivered to the Trustee, at least 45 days prior to a the redemption date if it is issued (unless a shorter period shall be satisfactory to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice together with the notice to be given setting forth the information to be stated therein as provided in connection with a discharge Section 3.02(b) of the Company’s obligations under the Notes and this Indenture pursuant Indenture. Subject to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03clause (d) below, notices of redemption may not be conditional.

Appears in 2 contracts

Samples: Supplemental Indenture (Shea Homes Limited Partnership), Supplemental Indenture (Shea Homes Limited Partnership)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date Redemption Date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 60 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders Redemption Date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Trustee, and the Trustee will select the Notes to be redeemed pro rata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate (orappropriate, in the case of Notes represented by Global Notesaccordance with DTC’ s applicable procedures, in such manner as DTC may require), in minimum denominations of $2,000 and multiples of $1,000 principal amount and multiples thereofin excess thereof (provided that no Notes in denominations of $2,000 or less may be redeemed in part) and, in respect of Global Notes, in accordance with the procedures of DTC (subject to adjustments so that no Note in an unauthorized denomination remains outstanding). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by first class mail (or delivered electronically in the case of Global Notes held by DTC) by the Company or at the Company’s ’ s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption dateRedemption Date, except that a notice of redemption notice may be sent more than 60 days prior to a redemption date Redemption Date if it the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03in accordance with the provisions of Article 8.

Appears in 2 contracts

Samples: Supplemental Indenture, Supplemental Indenture

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 60 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Trustee, and the Trustee will select the Notes to be redeemed on a pro rata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate rata basis (or, in the case of Notes represented by Global Notes, in such manner as DTC may requirethe Trustee will select Notes for redemption based on the Depositary’s required method), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $1,000 2,000 principal amount and higher integral multiples thereofof $1,000 (subject to the procedures of the Depositary). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date, except that a notices of redemption notice may be sent mailed or delivered more than 60 days prior to a redemption date if it the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03Indenture.

Appears in 2 contracts

Samples: Indenture (PDC Energy, Inc.), Indenture (PDC Energy, Inc.)

Method and Effect of Redemption. (a) If the Company Issuer elects to redeem Notes, it must notify the Senior Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 45 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the Senior Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Senior Trustee, and the Senior Trustee will select the Notes to be redeemed pro rata, or as nearly a pro rata basis as is practicable (subject to the procedures of DTC), unless such method is otherwise prohibited, in which case, by lot or by any other method the Senior Trustee in its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require)appropriate, in denominations of $1,000 principal amount and multiples thereof. The Senior Trustee will notify the Company Issuer promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company or Issuer or, at the CompanyIssuer’s request, by the Senior Trustee in the name and at the expense of the Company, Issuer to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date, except that a . Notices of redemption notice may not be sent more than 60 days prior to a redemption date if it is issued in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03conditional.

Appears in 2 contracts

Samples: Indenture (Hovnanian Enterprises Inc), Indenture (Hovnanian Enterprises Inc)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 60 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Trustee, and the Trustee will select the Notes to be redeemed on a pro rata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate rata basis (or, in the case of Notes represented by Global Notes, in such manner as DTC may requirethe Trustee will select Notes for redemption based on the Depositary’s required method), unless otherwise required by law or applicable stock exchange requirements. Notes redeemed in part must be redeemed in denominations of $1,000 2,000 principal amount and higher integral multiples thereofof $1,000 (subject to the procedures of the Depositary). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date, except that a notices of redemption notice may be sent mailed more than 60 days prior to a redemption date if it the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03Indenture.

Appears in 2 contracts

Samples: Indenture (SYNERGY RESOURCES Corp), Indenture (PDC Energy, Inc.)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date the notice of redemption is sent to Holders, and the Trustee will select the Notes to be redeemed pro rata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require), in denominations of $1,000 principal amount and multiples thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date, except that a redemption notice may be sent more than 60 days prior to a redemption date if it is issued in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.038.01.

Appears in 2 contracts

Samples: Supplemental Indenture (Sandridge Energy Inc), Supplemental Indenture (Sandridge Energy Inc)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date the notice of redemption is sent to Holders, and the Trustee will select the Notes to be redeemed pro rata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require), in denominations of $1,000 principal amount and multiples thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 15 days but not more than 60 days before the redemption date, except that a redemption notice may be sent more than 60 days prior to a redemption date if it is issued in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03.

Appears in 1 contract

Samples: Intercreditor Agreement (Sandridge Energy Inc)

Method and Effect of Redemption. (a) If the Company Issuer elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount and series of Notes to be redeemed by delivering an Officers’ Certificate at least 10 45 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes of a series are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Trustee, and the Trustee will shall select the Notes of such series to be redeemed pro rata, or as nearly a pro rata basis as is practicable (subject to the procedures of DTC), unless such method is otherwise prohibited, in which case, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require)appropriate, in denominations of $1,000 2,000 principal amount and multiples or any multiple of $1,000 in excess thereof. The Trustee will shall notify the Company Issuer promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company or Issuer or, at the CompanyIssuer’s request, by the Trustee in the name and at the expense of the Company, Issuer to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date, except that a . Notices of any redemption notice may be sent more than 60 days given prior to the completion thereof, and may, at the Issuer’s discretion, be subject to one or more conditions precedent, including, but not limited to, completion of a redemption date if it is issued in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03related Equity Offering.

Appears in 1 contract

Samples: Indenture (Hovnanian Enterprises Inc)

Method and Effect of Redemption. (a) If the Company elects to redeem NotesNotes of a series, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 40 days before the redemption date, and in no event less than 10 days before prior to the mailing of the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes of a series are being redeemed, (i) in the case of Certificated Notes, the Officers’ Certificate must also specify a record date not less than 15 days after the date the notice of redemption is sent given to Holdersthe Trustee, and the Trustee will select the Notes to be redeemed pro rata, by lot or by any other method customarily authorized by the Trustee in its sole discretion deems fair and appropriate clearing systems (or, in the case of Notes represented by Global Notes, in such manner as DTC may requireincluding DTC), in denominations of $1,000 principal amount and multiples thereof. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption; provided however, that the principal amount of the Notes so selected by the Trustee for such partial redemption shall not exceed the amount which the Company has chosen to redeem, and (ii) in the case of Notes in the form of Global Notes, the Notes to be redeemed will be selected in accordance with the procedures of the applicable clearing system, provided that in each case the Notes will be redeemed in minimum denominations of $2,000 principal amount and higher integral multiples of $1,000. Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date, except that a redemption notice may be sent more than 60 days prior to a redemption date if it is issued in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03.

Appears in 1 contract

Samples: Indenture (Flextronics International Ltd.)

Method and Effect of Redemption. (a) If the Company elects to redeem NotesNotes of a series, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 60 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the Trustee)) except as set forth in Section 3.03 and Section 3.04, such Officers’ Certificate to state that all conditions precedent provided for in the Indenture to such redemption have been complied with. If fewer than all of the Notes of a series are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date the notice of redemption is sent to Holders, and the Trustee will select the Notes of such series to be redeemed redeemed, no later than 30 days prior to the redemption date, pro rata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require)appropriate, in denominations of $1,000 2,000 principal amount and higher integral multiples thereofof $1,000; provided, that the unredeemed portion of a Note must be in a 44 minimum principal amount of $2,000. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice Except as provided in Section 3.03 and Section 3.04, notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date. At the Company’s request in connection with an optional redemption, except the Trustee shall give the notice of redemption in the Company’s name and at its expense; provided, however, that a redemption notice may be sent more than 60 the Company shall have delivered to the Trustee, at least 45 days prior to a the redemption date if it is issued (or such shorter period as may be acceptable to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to such notice as provided in Section 8.01 or a defeasance pursuant to Section 8.02 or 8.033.05(b).

Appears in 1 contract

Samples: Supplemental Indenture (Huntington Ingalls Industries, Inc.)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers' Certificate at least 10 45 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemedto be redeemed at any time, the Officers' Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Trustee, and the Trustee will select the Notes to be redeemed (1) if the Notes are listed, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, or (2) if the Notes are not so listed, on a pro ratarata basis, by lot or by any other such method as the Trustee in its sole discretion deems shall deem fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require)appropriate, in denominations of $1,000 principal amount and multiples thereof. No Notes of $1,000 or less shall be redeemed in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by first class mail by the Company or or, at the Company’s 's request, by the Trustee in the name and at the expense of the Company, to Holders each Holder whose Notes are to be redeemed at such Holder's registered address at least 30 days but not more than 60 days before the redemption date, except that a . Notices of redemption notice may not be sent more than 60 days prior to a redemption date if it is issued in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03conditional.

Appears in 1 contract

Samples: Indenture (Playboy Enterprises Inc)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee in writing of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Officer’s Certificate at least 10 45 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the Trustee). If fewer less than all of the Notes are being redeemedto be redeemed at any time, the Officers’ Officer’s Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Trustee, and the Trustee will select the Notes to be redeemed as follows: (1) if the Notes are listed, in compliance with the requirements of the principal national securities exchange on which the Notes are listed; or (2) if the Notes are not so listed, on a pro ratarata basis, by lot or by any other such method as the Trustee in its sole discretion deems shall deem fair and appropriate (or, appropriate. No Notes of less than $2,000 shall be redeemed in the case of Notes represented by Global Notes, in such manner as DTC may require), in denominations of $1,000 principal amount and multiples thereofpart. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice Notices of redemption must shall be sent mailed by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed first class mail at least 30 days but not more than 60 days before the redemption datedate to each Holder of the Notes to be redeemed at its registered address, except that a redemption notice notices may be sent mailed more than 60 days prior to a the redemption date if it the notice is issued in connection with the defeasance of the Notes or a satisfaction and discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03Indenture. Notices of redemption may not be conditional.

Appears in 1 contract

Samples: Spectrum Brands, Inc.

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 40 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the Trustee), such Officers’ Certificate to state that all conditions precedent provided for in the Indenture to such redemption have been complied with. If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date the notice of redemption is sent to Holders, and the Trustee will select the Notes to be redeemed redeemed, no later than 30 days prior to the redemption date, pro rata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require)appropriate, in denominations of $1,000 2,000 principal amount and integral multiples of $1,000 in excess thereof; provided, that the unredeemed portion of a Note must be in a minimum principal amount of $2,000; and provided further, that if the Notes are represented by one or more Global Notes, beneficial interests in the Notes will be selected for redemption by DTC in accordance with its standard procedures therefor. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date. At the Company’s request in connection with an optional redemption, except the Trustee shall give the notice of redemption in the Company’s name and at its expense; provided, however, that a redemption notice may be sent more than 60 the Company shall have delivered to the Trustee, at least 40 days prior to a the redemption date if it is issued (or such shorter period as may be acceptable to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to such notice as provided in Section 8.01 or a defeasance pursuant to Section 8.02 or 8.033.03(b).

Appears in 1 contract

Samples: Supplemental Indenture (Huntington Ingalls Industries, Inc.)

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Method and Effect of Redemption. (a) If a)If the Company elects to redeem Notes, it must notify the Trustee of the redemption date Redemption Date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 60 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders Redemption Date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Trustee, and the Trustee will select the Notes to be redeemed pro rata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require), in denominations multiples of $1,000 principal amount and multiples thereofand, in respect of Global Notes, in accordance with the procedures of DTC (subject to adjustments so that no Note in an unauthorized denomination remains outstanding). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by First Class mail (or delivered electronically in the case of Global Notes held by DTC) by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption dateRedemption Date, except that a notice of redemption notice may be sent more than 60 days prior to a redemption date Redemption Date if it the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03in accordance with the provisions of Article 8.

Appears in 1 contract

Samples: Indenture (Seagate Technology PLC)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 45 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Trustee, and the Trustee will select the Notes to be redeemed pro rata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as accordance with DTC may require)procedures, in denominations of $1,000 2,000 principal amount and higher integral multiples thereofof $1,000. The notice to the Trustee under this clause (a) may be revoked prior to the mailing of notice of such redemption to the Holders. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice Notices of redemption must shall be sent mailed by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed first class mail at least 30 days but not more than 60 days before the redemption datedate to each Holder of the Notes to be redeemed at its registered address, except that a redemption notice notices may be sent mailed more than 60 days prior to a the redemption date if it the notice is issued in connection with the defeasance of the Notes or a satisfaction and discharge of the Indenture. Any redemption and any notice of redemption thereof may, at the Company’s obligations under the Notes and this Indenture pursuant discretion, be subject to Section 8.01 one or a defeasance pursuant to Section 8.02 or 8.03more conditions precedent.

Appears in 1 contract

Samples: Supplemental Indenture (Harbinger Group Inc.)

Method and Effect of Redemption. (aiv) If the Company elects Issuers elect to redeem Notes, it they must notify the Trustee of the redemption date and date, the principal amount of Notes to be redeemed and the redemption price by delivering an Officers' Certificate at least 10 and an Opinion of Counsel, to the effect that such redemption shall comply with the conditions set forth in this Article 3, 40 to 60 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date the notice of redemption is sent to Holders, and the The Trustee will shall select the Notes to be redeemed in compliance with the principal national securities exchange, if any, on which the Notes are listed, or if such Notes are not so listed, on a pro ratarata basis, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require)appropriate, in denominations of $1,000 principal amount and multiples or an integral multiple of $1,000 in excess thereof. The Trustee will shall notify the Company Issuers promptly of the Notes or portions of Notes to be called for redemption. Any such notice may be cancelled at any time prior to notice of such redemption being mailed to any Holder and shall thereby be void and of no effect.(a) Notice of redemption must be sent by the Company Issuers or at the Company’s Issuers' request, by the Trustee in the name and at the expense of the CompanyIssuer, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date, except that a redemption notice notices may be sent mailed more than 60 days prior to a redemption date if it the notice is issued in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03.8.02

Appears in 1 contract

Samples: Indenture (Graham Packaging Holdings Co)

Method and Effect of Redemption. (a) If the Company elects Issuers elect to redeem Notes, it they must notify the Trustee of (i) the Redemption Date, (ii) the clause of this Indenture pursuant to which the redemption date shall occur, (iii) the Redemption Price, and (iv) the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 30 days but not more than 60 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders Redemption Date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Trustee, and the Trustee will select the Notes to be redeemed on a pro ratarata basis to the extent practicable, by lot or by any such other method in accordance with the Trustee in its sole discretion deems fair and appropriate (or, in procedures of DTC to the case of Notes represented by Global Notes, in such manner as DTC may require)extent applicable, in denominations of $1,000 2,000 principal amount and higher integral multiples thereofof $1,000. The Trustee will notify the Company Issuers promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company Issuers or at the Company’s Issuers’ request, by the Trustee in the name and at the expense of the CompanyIssuers, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption dateRedemption Date; provided, except that a redemption notice may be sent more than 60 the Issuers have delivered to the Trustee, at least 45 days prior to a redemption date if it is issued the Redemption Date, an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03such notice as provided below.

Appears in 1 contract

Samples: Indenture (Tower Automotive, LLC)

Method and Effect of Redemption. (a) If the Company elects to redeem any Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 15 days before prior to the date of the mailing of the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date the notice of redemption is sent to Holders, and that the Trustee will select the Notes to be redeemed pro rata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require)appropriate, in denominations of $1,000 principal amount and multiples thereof, provided that no Notes of less than $2,000 may be redeemed in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company or at the Company’s requestrequest (the Company to provide or cause to be provided to the Trustee such information to be included in such notice five (5) days prior to such notice being sent to Holders, unless a shorter period is satisfactory to the Trustee), by the Trustee in the name and at the expense of the Company, to (i) Holders whose Notes are to be redeemed prior to January 15, 2029 at least 20 days but not more than 60 days before the redemption date and (ii) Holders whose Notes are to be redeemed on or after January 15, 2029 at least 30 days but not more than 60 days before the redemption date, except that a redemption notice may be sent more than 60 days . The Company shall notify the Trustee of the Redemption Price once determined in accordance with this Article 3 on or before two Business Days prior to a the redemption date if it is issued in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03date.

Appears in 1 contract

Samples: Indenture (DPL Inc)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date Redemption Date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 60 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders Redemption Date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Trustee, and the Trustee will select the Notes to be redeemed pro rata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate (orappropriate, in the case of Notes represented by Global Notesaccordance with DTC’s applicable procedures, in such manner as DTC may require), in minimum denominations of $2,000 and multiples of $1,000 principal amount and multiples thereofin excess thereof (provided that no Notes in denominations of $2,000 or less may be redeemed in part) and, in respect of Global Notes, in accordance with the procedures of DTC (subject to adjustments so that no Note in an unauthorized denomination remains outstanding). The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by first class mail (or delivered electronically in the case of Global Notes held by DTC) by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption dateRedemption Date, except that a notice of redemption notice may be sent more than 60 days prior to a redemption date Redemption Date if it the notice is issued in connection with a defeasance of the Notes or a satisfaction and discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03in accordance with the provisions of Article 8.

Appears in 1 contract

Samples: Supplemental Indenture (Seagate Technology PLC)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers' Certificate at least 10 30 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the Trustee). If fewer than all of the Notes are being redeemed, the Officers' Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Trustee, and the Trustee will select the Notes to be redeemed (1) if the Notes are listed, in compliance with the requirements of the principal national securities exchange on which the Notes are listed, or (2) if the Notes are not so listed, on a pro ratarata basis, by lot or by any other such method as the Trustee in its sole discretion deems shall deem fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require)appropriate, in denominations of $1,000 principal amount and multiples thereof. No Notes of $1,000 or less shall be redeemed in part. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by first class mail by the Company or at the Company’s 's request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at such registered Holder's address at least 30 days but not more than 60 days before the redemption date, except that a . Notices of redemption notice may not be sent more than 60 days prior to a redemption date if it is issued in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.03conditional.

Appears in 1 contract

Samples: Indenture (Keystone Marketing Services Inc)

Method and Effect of Redemption. (a) If the Company elects to redeem Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Certificate at least 10 40 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the Trustee), such Officers’ Certificate to state that all conditions precedent provided for in the Indenture to such redemption have been complied with. If fewer than all of the Notes are being redeemed, the Officers’ Certificate must also specify a record date not less than 15 days after the date the notice of redemption is sent to Holders, and the Trustee will select the Notes to be redeemed redeemed, no later than 30 days prior to the redemption date, pro rata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require)appropriate, in denominations of $1,000 2,000 principal amount and higher integral multiples thereofof $1,000; provided, that the unredeemed portion of a Note must be in a minimum principal amount of $2,000; and provided further, that if the Notes are represented by one or more Global Notes, beneficial interests in the Notes will be selected for redemption by DTC in accordance with its standard procedures therefor. The Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date. At the Company’s request in connection with an optional redemption, except the Trustee shall give the notice of redemption in the Company’s name and at its expense; provided, however, that a redemption notice may be sent more than 60 the Company shall have delivered to the Trustee, at least 40 days prior to a the redemption date if it is issued (or such shorter period as may be acceptable to the Trustee), an Officers’ Certificate requesting that the Trustee give such notice and setting forth the information to be stated in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to such notice as provided in Section 8.01 or a defeasance pursuant to Section 8.02 or 8.033.03(b).

Appears in 1 contract

Samples: Indenture (Huntington Ingalls Industries, Inc.)

Method and Effect of Redemption. (a) If the Company elects to redeem the Notes, it must notify the Trustee of the redemption date and the principal amount of Notes to be redeemed by delivering an Officers’ Officer’s Certificate at least 10 60 days before the notice of redemption required pursuant to this Section 3.03(a) is sent to Holders date (unless a shorter period is satisfactory to the TrusteeTrustee and except in the case of a redemption pursuant to Section 3.03). If fewer than all of the Notes are being redeemed, the Officers’ Officer’s Certificate must also specify a record date not less than 15 days after the date of the notice of redemption is sent given to Holdersthe Trustee, and (i) if the Notes are Global Notes, the Notes to be redeemed will be selected by the Depositary in accordance with applicable procedures of the Depositary or (ii) if the Notes to be redeemed are not Global Notes, the Trustee will select the Notes to be redeemed redeemed, by lot, pro rata, by lot or by any other method the Trustee in its sole discretion deems fair and appropriate (or, in the case of Notes represented by Global Notes, in such manner as DTC may require)appropriate, in denominations of $1,000 2,000 principal amount and multiples thereofof $1,000 above that amount. The If the Notes to be redeemed are not Global Notes and are selected in accordance with clause (ii), the Trustee will notify the Company promptly of the Notes or portions of Notes to be called for redemption. Notice of redemption must be sent by the Company or at the Company’s request, by the Trustee in the name and at the expense of the Company, to Holders whose Notes are to be redeemed at least 30 days but not more than 60 days before the redemption date, date (except that in the case of a redemption notice may be sent more than 60 days prior to a redemption date if it is issued in connection with a discharge of the Company’s obligations under the Notes and this Indenture pursuant to Section 8.01 or a defeasance pursuant to Section 8.02 or 8.033.03).

Appears in 1 contract

Samples: Collateral Agency Agreement (Molycorp, Inc.)

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