Common use of Payment of Securities Called for Redemption Clause in Contracts

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, and at the place or places stated in such notice at the applicable Redemption Price, together with any interest accrued to such Redemption Date, and on and after said Redemption Date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Price, together with any interest accrued to said Redemption Date) any interest on the Securities or portion of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place of Payment in such notice specified, such Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable Redemption Price, together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 5 contracts

Samples: Indenture (Idacorp Trust Iii), Indenture (Idacorp Trust Iii), Indenture (Idacorp Trust Iii)

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Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 14.02, the Securities or portions of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such the said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8date fixed for redemption. Upon presentation of any Security of any series redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery to or on the order of the Holder holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such series, series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 4 contracts

Samples: Indenture (Bank of America Corp /De/), Indenture (Bank of America Corp /De/), Indenture (Unifi Inc)

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 14.02 or Section 14.04, the Debt Securities or portions of Debt Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Debt Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Debt Securities or portion portions of Debt Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Debt Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such the said Debt Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8date fixed for redemption. Upon presentation of any Debt Security of any series redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder holder thereof, at the expense of the IssuerCompany, a new Debt Security or Debt Securities of such series, series of authorized denominations, in principal amount equal to the unredeemed portion of the Debt Security so presentedpresented and having endorsed thereon a duly executed Guarantee.

Appears in 4 contracts

Samples: Indenture (Countrywide Home Loans Inc), Indenture (Countrywide Financial Corp), Municipal Mortgage & Equity LLC

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided and the Company has deposited, on or before the Redemption Date, with the Trustee (and/or having irrevocably directed the Trustee to apply, from money held by it available to be used for the redemption of Securities) an amount in cash sufficient to redeem all of the Securities to be redeemed, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, and at the place or places stated in such notice at the applicable Redemption Price, together with any interest accrued to such Redemption Date, and on and after said Redemption Date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Price, together with any interest accrued to said Redemption Date) any interest on the Securities or portion of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place of Payment in such notice specified, such Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Price, together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery to or on the order of the Holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 3 contracts

Samples: Indenture (Covanta Capital Trust Iii), Covanta Capital Trust Iii, Idaho Power Co

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 14.02 or Section 14.04, the Debt Securities or portions of Debt Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Debt Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Debt Securities or portion portions of Debt Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Debt Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such the said Debt Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8date fixed for redemption. Upon presentation of any Debt Security of any series redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery to or on the order of the Holder holder thereof, at the expense of the IssuerCompany, a new Debt Security or Debt Securities of such series, series of authorized denominations, in principal amount equal to the unredeemed portion of the Debt Security so presentedpresented and having endorsed thereon a duly executed Guarantee.

Appears in 3 contracts

Samples: Indenture (Countrywide Financial Corp), Indenture (Countrywide Capital Ii), Indenture (Countrywide Capital Ii)

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 14.02 or Section 14.04, the Securities or portions of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to the date fixed for redemption (unless such Redemption Datedate is an interest payment date, in which case such accrued interest shall be paid to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price), and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such the said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except that if date fixed for redemption (unless such Redemption Date date is an Interest Payment Dateinterest payment date, in which case such accrued interest shall be paid as provided in Section 3.8to the holders of record on the relevant record date, and no such accrued interest shall be paid with the redemption price). Upon presentation of any Security of any series redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such series, series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 3 contracts

Samples: Indenture (Masco Corp /De/), Masco Corp /De/, Masco Corp /De/

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 6.05 and 11.06, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place of Payment Office specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; provided that if such Redemption Date is an Interest Payment Date, any payment of interest becoming due on the date fixed for redemption shall be paid payable to the holders of such Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant Regular Record Date subject to the unredeemed portion terms and provisions of the Security so presented.Section 3.05

Appears in 3 contracts

Samples: Indenture (Dendreon Corp), Indenture (Dendreon Corp), Thomas Properties Group Inc

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 3.2 or Section 3.4, the Securities or portions of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Dateto, but excluding, the date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceor portions of such Securities, together with any interest accrued to said Redemption Datedate) any interest on the Securities of such series or portion portions of Securities of any such series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place of Payment in such said notice specified, such the said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to, but excluding, the date fixed for redemption; provided, however, that any regularly scheduled installment of interest becoming due on or prior to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest date fixed for redemption shall be paid payable to holders of such Securities registered as provided in Section 3.8such on the relevant record date according to their terms. Upon presentation of any Security redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such the same series, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presented.

Appears in 2 contracts

Samples: Indenture (SM Energy Co), Indenture (SM Energy Co)

Payment of Securities Called for Redemption. If any notice of redemption has been given as above providedprovided in Section 11.5, the Securities or portions portion of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Price, together with accrued interest (including any interest accrued Additional Interest) to such the Redemption Date, and on and after said Redemption Date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Price, together with any interest accrued to said Redemption Date) any interest on the Securities or portion of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place of Payment specified in such notice specifiednotice, such the Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Price, together with accrued interest (including any interest accrued thereon Additional Interest) to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer Company shall execute and upon receipt thereof the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such seriesSecurities, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presentedpresented and having the same Original Issue Date, Stated Maturity and terms. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal of and any premium on such Security shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security.

Appears in 2 contracts

Samples: Vision Bancshares Inc, Valley Financial Corp /Va/

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedin the manner provided above, the Securities or portions portion of Securities of the series specified in such notice to be redeemed shall become due and payable on the Redemption Date, and Date at the place or places stated in such notice at the applicable Redemption Price, together with any accrued interest accrued to such Redemption Date, and on and after said Redemption Date such date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Price, together with any Price and accrued interest accrued to said but excluding the Redemption Date) any , in which case the principal, until paid, shall bear interest on from the Redemption Date at the rate prescribed in the Securities), such Securities or portion of Securities of any series so called for redemption shall cease to accrueaccrue interest. On presentation and Upon surrender of such Securities at any Security for redemption in accordance with a Place notice of Payment in such notice specifiedredemption, such Securities or the specified portions thereof Security shall be paid and redeemed by the Issuer at the applicable Redemption Price, together with any ; provided that installments of interest accrued thereon whose Stated Maturity is on or prior to the applicable Redemption Date shall be payable to the Holders registered as such at the close of business on the relevant record date. If any Security with coupons attached thereto is surrendered for redemption and is not accompanied by all appurtenant coupons maturing after the Redemption Date, except that if the surrender of such Redemption Date is an Interest Payment Date, interest shall missing coupon or coupons may be paid as provided in Section 3.8. Upon presentation of any Security redeemed in part only, waived by the Issuer shall execute and the Trustee shall authenticate and make available for delivery Trustee, if there be furnished to each of them such security or on the order indemnity as they may require to save each of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presentedthem harmless.

Appears in 2 contracts

Samples: Indenture (Kansas City Southern), Indenture (Kansas City Southern)

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrue. On presentation , and surrender the unmatured Coupons, if any, appertaining thereto shall be void, and, except as provided in Sections 6.5 and 10.4, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities at a Place of Payment in such notice specified, such Securities or except the specified portions right to receive the redemption price thereof shall be paid and redeemed by the Issuer at the applicable Redemption Price, together with any unpaid interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.date

Appears in 2 contracts

Samples: Indenture (Lubrizol Corp), Indenture (Lubrizol Corp)

Payment of Securities Called for Redemption. (a) WHEN SECURITIES CALLED FOR REDEMPTION BECOME DUE AND PAYABLE. If the giving of notice of redemption has shall have been given completed as above provided, the Securities or portions of Securities of the series to be redeemed specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any with, subject to the Company Order or supplemental indenture hereto establishing the terms of such series of Securities, interest accrued to the date fixed for redemption and interest on such Redemption Date, and Securities or portions of Securities shall cease to accrue on and after said Redemption Date (the date fixed for redemption, unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Price, together redemption price and accrued interest with respect to any interest accrued to said Redemption Date) any interest on the Securities such Security or portion of Securities of any series so called for redemption shall cease to accruethereof. On presentation and surrender of such Securities on or after the date fixed for redemption at a Place the place of Payment payment specified in such notice specifiedthe notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable Redemption Priceredemption price for such series, together with any with, subject to the Company Order or supplemental indenture hereto establishing the terms of such series of Securities, interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available date fixed for delivery to or on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presentedredemption.

Appears in 2 contracts

Samples: Telephone & Data Systems Inc /De/, United States Cellular Corp

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 5.05 and 9.04, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; provided that if such Redemption Date is an Interest Payment Date, any semiannual payment of interest becoming due on the date fixed for redemption shall be paid payable to the Holders of such Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant record date subject to the unredeemed portion terms and provisions of the Security so presented.Section 2.07

Appears in 2 contracts

Samples: Mediaone Group Inc, Comcast Mo Group Inc

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate to the extent provided in Section 12.1) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 6.5 and 10.6, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption to the extent provided in Section 12.1. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8date fixed for redemption. Upon presentation of If any Security redeemed in part onlycalled for redemption shall not be so paid upon surrender thereof for redemption, the Issuer shall execute and principal shall, until paid or duly provided for, bear interest from the Trustee shall authenticate and make available date fixed for delivery to or on the order of the Holder thereof, redemption at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presentedDefault Rate.

Appears in 2 contracts

Samples: Trans World Gaming Corp, Value Partners LTD /Tx/

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 14.02 or Section 14.04, the Securities or portions of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such the said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8date fixed for redemption. Upon presentation of any Security of any series redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such series, series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 2 contracts

Samples: Indenture (Phillips Petroleum Co), Indenture (Phillips Petroleum Co)

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 14.02 or Section 14.04, the Securities or portions of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such the said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8date fixed for redemption. Upon presentation of any Security of any series redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery to or on the order of the Holder holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such series, series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 2 contracts

Samples: Indenture (Citicorp), Indenture (Citicorp)

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 11.02 or Section 12.03, the Securities or portions of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place place of Payment payment in such said notice specified, such the said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8date fixed for redemption. Upon presentation of any Security redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.. ARTICLE TWELVE

Appears in 2 contracts

Samples: Indenture (Peabody Energy Corp), Cottonwood Land Co

Payment of Securities Called for Redemption. (a) If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 5.5 and 9.6, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; provided that if such Redemption Date is an Interest Payment Date, any semi-annual payment of interest becoming due on the date fixed for redemption shall be paid payable to the holders of such Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant record date subject to the unredeemed portion terms and provisions of the Security so presentedSection 2.4.

Appears in 2 contracts

Samples: Conversion Notes Registration Rights Agreement (Schein Pharmaceutical Inc), Conversion Notes Registration Rights Agreement (Danbury Pharmacal Puerto Rico Inc)

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 14.2 or Section 14.4, the Securities or portions of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Corporation shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such the said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Corporation at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8date fixed for redemption. Upon presentation of any Security of any series redeemed in part only, the Issuer Corporation shall execute and the Debt Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder holder thereof, at the expense of the IssuerCorporation, a new Security or Securities of such series, series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 2 contracts

Samples: Indenture (General Motors Corp), Indenture (General Motors Capital Trust D)

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 6.05 and 12.06, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place of Payment Office specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; provided that if such Redemption Date is an Interest Payment Date, any payment of interest becoming due on the date fixed for redemption shall be paid payable to the holders of such Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant Regular Record Date subject to the unredeemed portion terms and provisions of the Security so presented.Section 3.05

Appears in 2 contracts

Samples: Lexmark International Inc /Ky/, Honeywell International Inc

Payment of Securities Called for Redemption. (a) If any notice of redemption has been given as above providedprovided in Section 11.5, the Securities or portions portion of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Price, together with accrued interest (including any interest accrued Additional Interest) to such the Redemption Date, and on and after said Redemption Date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Price, together with any interest accrued to said Redemption Date) any interest on the Securities or portion of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place of Payment specified in such notice specifiednotice, such the Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Price, together with accrued interest (including any interest accrued thereon Additional Interest) to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8. (b) Upon presentation of any Security redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such seriesSecurities, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presentedpresented and having the same Original Issue Date, Stated Maturity and terms. (c) If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal of and any premium on such Security shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security. ARTICLE XII Subordination of Securities SECTION 12.1.

Appears in 2 contracts

Samples: Simmons First National Corp, Simmons First National Corp

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price (and premium, if any), together with any interest interest, if any, accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrue, and except as provided in Sections 6.05 and 10.05, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable Redemption Priceredemption price, together with any interest interest, if any, accrued thereon to the applicable Redemption Datedate fixed for redemption; provided that any semiannual payment of interest, except that if such Redemption Date is an Interest Payment Dateany, interest becoming due on or prior to the date fixed for redemption shall be paid payable to the holders of Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant record date subject to the unredeemed portion terms and provisions of the Security so presented.Section 2.03

Appears in 2 contracts

Samples: Science Applications International Corp, Science Applications International Corp

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Dateto, but not including, the date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company and any Guarantors shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 6.05 and 12.06, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place of Payment Office specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to, but not including, the date fixed for redemption; provided that any payment of interest becoming due on the date fixed for redemption shall be payable to the applicable Redemption Date, except that if Holders of such Redemption Date is an Interest Payment Date, interest shall be paid Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant Regular Record Date subject to the unredeemed portion terms and provisions of the Security so presented.Section 3.05

Appears in 1 contract

Samples: Indenture (Axsome Therapeutics, Inc.)

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under the Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; provided that if such Redemption Date is an Interest Payment Date, any payment of interest becoming due on or before the date fixed for redemption shall be paid payable to the Holders of such Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.relevant record date. 61

Appears in 1 contract

Samples: Comcast Corp

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 5.05 and 11.06, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place of Payment Office specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; PROVIDED that if such Redemption Date is an Interest Payment Date, any semi-annual payment of interest becoming due on the date fixed for redemption shall be paid payable to the holders of such Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant Interest Record Date subject to the unredeemed portion terms and provisions of the Security so presented.Section 2.04

Appears in 1 contract

Samples: Home Depot Inc

Payment of Securities Called for Redemption. If any notice of redemption has been given as above providedprovided in Section 11.5, the Securities or portions portion of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Price, together with accrued interest (including any interest accrued Additional Interest) to such the Redemption Date, and on and after said Redemption Date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Price, together with any interest accrued to said Redemption Date) any interest on the Securities or portion of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place of Payment specified in such notice specifiednotice, such the Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Price, together with accrued interest (including any interest accrued thereon Additional Interest) to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such seriesSecurities, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presented.presented and having the same Original Issue Date, Stated Maturity and terms. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal of and any premium on such Security shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security. Subordination of Securities

Appears in 1 contract

Samples: Junior Subordinated Indenture (Summit Bank Corp)

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 14.02, the Securities or portions of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price and premium, if any, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price and premium, if any, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such the said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price and premium (if any), together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8date fixed for redemption. Upon presentation of any Security any·Security redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal of and any premium on such Security shall, until paid, bear interest from the date fixed for redemption at the rate prescribed therefor in the Security.

Appears in 1 contract

Samples: State National Companies, Inc.

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 5.05 and 9.04, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; provided that if such Redemption Date is an Interest Payment Date, any semiannual payment of interest becoming due on or prior to the date fixed for redemption shall be paid payable to the Holders of such Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant record date subject to the unredeemed portion terms and provisions of the Security so presented.Section 2.04

Appears in 1 contract

Samples: Indenture (Murphy Oil Corp /De)

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 6.05 and 11.04, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; provided that if such Redemption Date is an Interest Payment Date, any semiannual payment of interest becoming due on the date fixed for redemption shall be paid payable to the holders of such Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant record date subject to the unredeemed portion terms and provisions of the Security so presented.Section 2.04

Appears in 1 contract

Samples: Indenture (Southwest Airlines Co)

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 5.05 and 11.06, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place of Payment Office specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; provided that if such Redemption Date is an Interest Payment Date, any semi-annual payment of interest becoming due on the date fixed for redemption shall be paid payable to the holders of such Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant Interest Record Date subject to the unredeemed portion terms and provisions of the Security so presentedSection 2.04 hereof.

Appears in 1 contract

Samples: Home Depot Inc

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Price, together with any interest accrued to such Redemption Dateredemption price, and on and after said Redemption Date date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Price, together with any interest accrued to said Redemption Dateredemption price) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Section 5.5 and Section 9.4 hereof, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable Redemption Priceredemption price; provided, together with that any semi-annual payment of interest accrued thereon becoming due on the date fixed for redemption shall be payable to the applicable Redemption Date, except that if Holders of such Redemption Date is an Interest Payment Date, interest shall be paid Securities registered as provided in such on the relevant record date subject to the terms and provisions of Section 3.82.4 hereof. Upon presentation of If any Security redeemed in part onlycalled for redemption shall not be so paid upon surrender thereof for redemption, the Issuer shall execute and principal shall, until paid or duly provided for, bear interest from the Trustee shall authenticate and make available date fixed for delivery to or on the order of the Holder thereof, redemption at the expense of rate borne by the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presentedSecurity.

Appears in 1 contract

Samples: Indenture (NRG Energy Inc)

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Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 3.02 or Section 3.05, the Securities or portions of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Dateto, but excluding, the date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceor portions of such Securities, together with any interest accrued to said Redemption Datedate) any interest on the Securities of such series or portion portions of Securities of any such series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place of Payment in such said notice specified, such the said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to, but excluding, the date fixed for redemption; provided, however, that any regularly scheduled installment of interest becoming due on or prior to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest date fixed for redemption shall be paid payable to holders of such Securities registered as provided in Section 3.8such on the relevant record date according to their terms. Upon presentation of any Security redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such the same series, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presented.

Appears in 1 contract

Samples: Indenture (WPX Energy, Inc.)

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 5.05 and 9.04, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; provided that if such Redemption Date is an Interest Payment Date, any semi-annual payment of interest becoming due on the date fixed for redemption shall be paid payable to the holders of such Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant Interest Record Date subject to the unredeemed portion terms and provisions of the Security so presented.Section 2.04

Appears in 1 contract

Samples: Benton Oil & Gas Co

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided and the Company has deposited, on or before the Redemption Date, with the Trustee (and/or having irrevocably directed the Trustee to apply, from money held by it available to be used for the redemption of Securities) an amount in cash sufficient to redeem all of the Securities to be redeemed, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, and at the place or places stated in such notice at the applicable Redemption Price, together with any interest accrued to such Redemption Date, and on and after said Redemption Date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Price, together with any interest accrued to said Redemption Date) -80- any interest on the Securities or portion of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place of Payment in such notice specified, such Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Price, together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery to or on the order of the Holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 1 contract

Samples: Idaho Power Co

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 5.05 and 9.04, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; provided that if such Redemption Date is an Interest Payment Date, any semiannual payment of interest becoming due on the date fixed for redemption shall be paid payable to the Holders of such Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant record date subject to the unredeemed portion terms and provisions of the Security so presented.Section 2.04

Appears in 1 contract

Samples: Indenture (Comcast Corp)

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 16.02 or Section 16.04, the Securities or portions of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, 97 together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such the said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8date fixed for redemption. Upon presentation of any Security of any series redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such series, series of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.

Appears in 1 contract

Samples: Masco Corp /De/

Payment of Securities Called for Redemption. If any notice of redemption has been given as above providedprovided in Section 11.4, the Securities or portions portion of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Price, together with accrued interest (including any interest accrued Additional Interest) to such the Redemption Date, and on and after said Redemption Date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Price, together with any interest accrued to said Redemption Date) any interest on the Securities or portion of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place of Payment in such said notice specified, such the said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Corporation at the applicable Redemption Price, together with accrued interest (including any interest accrued thereon Additional Interest) to the applicable Redemption Date; provided, except that if such however, that, unless otherwise specified as contemplated by Section 3.1, installments of interest (including any Additional Interest) whose Stated Maturity is on or prior to the Redemption Date is an Interest Payment Datewill be payable to the Holders of such Securities, interest shall be paid or one or more Predecessor Securities, registered as provided in such at the close of business on the relevant record dates according to their terms and the provisions of Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer Corporation shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.Corporation,

Appears in 1 contract

Samples: Colonial Bancgroup Inc

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrue, and the unmatured Coupons, if any, appertaining thereto shall be void, and, except as provided in Section 3.3 and Section 6.5, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest and Additional Amounts to the date fixed for redemption. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such together with all Coupons, if any, appertaining thereto maturing after the date fixed for redemption, said Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.together

Appears in 1 contract

Samples: Senior Indenture (Enstar Group LTD)

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, Date and at the place or places stated in such notice at the applicable Redemption Price, together with any interest accrued to such Redemption Date, and on and after said Redemption Date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Price, together with any interest accrued to said Redemption Date) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place place of Payment payment in such notice specified, such Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Price, together with any interest accrued thereon to the applicable Redemption Date, Date (except that if as otherwise specified as contemplated by Section 3.01 for the Securities of such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8series). Upon presentation of any Security redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security Securities so presented.

Appears in 1 contract

Samples: Senior Notes Indenture (First Niagara Financial Group Inc)

Payment of Securities Called for Redemption. If any notice of redemption has been given as above providedgiven, the Securities or portions portion of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Price, together with accrued interest (including any interest accrued Additional Interest) to such but excluding the Redemption Date, and on and after said Redemption Date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Price, together with any interest accrued to said Redemption Date) any interest on the Securities or portion of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place the place of Payment payment specified in such notice specifiednotice, such the Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Price, together with accrued interest (including any interest accrued thereon Additional Interest) to but excluding the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such seriesSecurities, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presentedpresented and having the same, Stated Maturity and other terms. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal of and any premium on such Security shall, until paid, bear interest from and including the Redemption Date at the rate prescribed therefor in the Security.

Appears in 1 contract

Samples: Note Purchase Agreement (Validus Holdings LTD)

Payment of Securities Called for Redemption. If any notice of redemption has been given as above providedprovided in Section 11.4, the Securities or portions portion of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Price, together with accrued interest (including any interest accrued Additional Interest) to such the Redemption Date, and on and after said Redemption Date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Price, together with any interest accrued to said Redemption Date) any interest on the Securities or portion of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place of Payment in such said notice specified, such the said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Price, together with accrued interest (including any interest accrued thereon Additional Interest) to the applicable Redemption Date; provided, except that if such however, that, unless otherwise specified as contemplated by Section 3.1, installments of interest (including any Additional Interest) whose Stated Maturity is on or prior to the Redemption Date is an Interest Payment Datewill be payable to the Holders of such Securities, interest shall be paid or one or more Predecessor Securities, registered as provided in such at the close of business on the relevant record dates according to their terms and the provisions of Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder thereof, at the expense of the IssuerCompany, a new If any Security or Securities called for redemption shall not be so paid upon surrender thereof for redemption, the principal of and premium, if any, on such seriesSecurity shall, of authorized denominationsuntil paid, bear interest from the Redemption Date at the rate prescribed therefor in principal amount equal to the unredeemed portion of the Security so presentedSecurity.

Appears in 1 contract

Samples: CCC Capital Trust Ii

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 5.05 and 9.04, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; provided that if such Redemption Date is an Interest Payment Date, any semiannual payment of interest becoming due on the date fixed for redemption shall be paid as provided in Section 3.8. Upon presentation of any Security redeemed in part only, payable to the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities Holders of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.Securities registered as

Appears in 1 contract

Samples: E Trade Group Inc

Payment of Securities Called for Redemption. (a) If ------------------------------------------- notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 5.5 and 9.6, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; provided that if such Redemption Date is an Interest Payment Date, any quarterly payment of interest becoming due on the date fixed -------- for redemption shall be paid payable to the holders of such Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant record date subject to the unredeemed portion terms and provisions of the Security so presentedSection 2.4.

Appears in 1 contract

Samples: Danbury Pharmacal Puerto Rico Inc

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 3.02 or Section 3.05, the Securities or portions of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceor portions of such Securities, together with any interest accrued to said Redemption Datedate) any interest on the Securities of such series or portion portions of Securities of any such series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place place of Payment payment in such said notice specified, such the said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Datedate fixed for redemption; provided, except however, that if such Redemption Date is an Interest Payment Date, any regularly scheduled installment of interest becoming due on or prior to the date fixed for redemption shall be paid payable to holders of such Securities registered as provided in Section 3.8such on the relevant record date according to their terms. Upon presentation of any Security redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such the same series, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presented.

Appears in 1 contract

Samples: Indenture (Hecla Mining Co/De/)

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 3.02 or Section 3.05 (and any condition to such redemption has been satisfied), the Securities or portions of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to the date fixed for redemption, and on and after such date (unless the Company shall default in the payment of such Securities or portions of such Securities, together with any interest accrued to such Redemption Date, and on and after said Redemption Date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Price, together with any interest accrued to said Redemption Datedate) any interest on the Securities of such series or portion portions of Securities of any such series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place place of Payment payment in such notice specified, the such Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Datedate fixed for redemption; provided, except however, that if such Redemption Date is an Interest Payment Date, any regularly scheduled installment of interest becoming due on or prior to the date fixed for redemption shall be paid payable to holders of such Securities registered as provided in Section 3.8such on the relevant record date according to their terms. Upon presentation of any Security redeemed in part only, the Issuer Company shall execute and the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such the same series, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presented.

Appears in 1 contract

Samples: Indenture (Pico Holdings Inc /New)

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Price, together with any interest accrued to such Redemption Dateredemption price, and on and after said Redemption Date date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Price, together with any interest accrued to said Redemption Dateredemption price) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Section 5.5 and Section 9.4 hereof, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable Redemption Priceredemption price; provided, together with that any semiannual payment of interest accrued thereon becoming due on the date fixed for redemption shall be payable to the applicable Redemption Date, except that if Holders of such Redemption Date is an Interest Payment Date, interest shall be paid Securities registered as provided in such on the relevant record date subject to the terms and provisions of Section 3.82.4 hereof. Upon presentation of If any Security redeemed in part onlycalled for redemption shall not be so paid, upon surrender thereof for redemption, the Issuer shall execute and principal shall, until paid or duly provided for, bear interest from the Trustee shall authenticate and make available date fixed for delivery to or on the order of the Holder thereof, redemption at the expense of rate borne by the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presentedSecurity.

Appears in 1 contract

Samples: Indenture (NRG Energy Inc)

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date such date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datesuch date) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrue, and such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; provided that if such Redemption Date is an Interest Payment Date, payment of interest becoming due on or prior to the date fixed for redemption shall be paid payable to the Holders of such Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant record date subject to the unredeemed portion terms and provisions of the Security so presentedSections 2.04 and 2.12 hereof.

Appears in 1 contract

Samples: Becton Dickinson & Co

Payment of Securities Called for Redemption. If notice of redemption has been given as above provided, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrueaccrue and, except as provided in Sections 6.05 and 11.04, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the holders thereof shall have no right in respect of such Securities except the right to receive the redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except date fixed for redemption; provided that if such Redemption Date is an Interest Payment Date, any semiannual payment of interest becoming due on the date fixed for redemption shall be paid payable to the holders of such Securities registered as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or such on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal relevant record date subject to the unredeemed portion terms and provisions of the Security so presented.Section 2.03

Appears in 1 contract

Samples: Indenture (Southwest Airlines Co)

Payment of Securities Called for Redemption. (a) When Securities Called for Redemption become Due and ------------------------------------------------------------ Payable. If the giving of notice of redemption has shall have been given completed as ------- above provided, the Securities or portions of Securities of the series to be redeemed specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any with, subject to the Company Order or supplemental indenture hereto establishing the terms of such series of Securities, interest accrued to the date fixed for redemption and interest on such Redemption Date, and Securities or portions of Securities shall cease to accrue on and after said Redemption Date (the date fixed for redemption, unless the Issuer Company shall default in the payment of such Securities at the applicable Redemption Price, together redemption price and accrued interest with respect to any interest accrued to said Redemption Date) any interest on the Securities such Security or portion of Securities of any series so called for redemption shall cease to accruethereof. On presentation and surrender of such Securities on or after the date fixed for redemption at a Place the place of Payment payment specified in such notice specifiedthe notice, such said Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable Redemption Priceredemption price for such series, together with any with, subject to the Company Order or supplemental indenture hereto establishing the terms of such series of Securities, interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available date fixed for delivery to or on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presentedredemption.

Appears in 1 contract

Samples: Telephone & Data Systems Inc /De/

Payment of Securities Called for Redemption. If any notice of redemption has been given as above providedprovided in Section 11.5, the Securities or portions portion of Securities of the series specified in with respect to which such notice has been given shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Price, together with accrued interest (including any interest accrued Additional Interest) to such the Redemption Date, and on and after said Redemption Date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Price, together with any interest accrued to said Redemption Date) any interest on the Securities or portion of Securities of any series so called for redemption shall cease to accrue. On presentation and surrender of such Securities at a Place of Payment specified in such notice specifiednotice, such the Securities or the specified portions thereof shall be paid and redeemed by the Issuer Company at the applicable Redemption Price, together with accrued interest (including any interest accrued thereon Additional Interest) to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer Company shall execute and upon receipt thereof the Trustee shall authenticate and make available for delivery deliver to or on the order of the Holder thereof, at the expense of the IssuerCompany, a new Security or Securities of such seriesSecurities, of authorized denominations, in aggregate principal amount equal to the unredeemed portion of the Security so presented.presented and having the same Original Issue Date, Stated Maturity and terms. If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal of and any premium on such Security shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security. Subordination of Securities

Appears in 1 contract

Samples: Greater Community Bancorp

Payment of Securities Called for Redemption. If notice of redemption has been given as above providedprovided in Section 12.2, the Securities or portions of Securities of the series specified in such notice shall become due and payable on the Redemption Date, date and at the place or places stated in such notice at the applicable Redemption Priceredemption price, together with any interest accrued to such Redemption Datethe date fixed for redemption, and on and after said Redemption Date date (unless the Issuer shall default in the payment of such Securities at the applicable Redemption Priceredemption price, together with any interest accrued to said Redemption Datedate) any interest on the Securities or portion portions of Securities of any series so called for redemption shall cease to accrue, the unmatured Coupons, if any, appertaining thereto shall be void and, except as provided in Sections 6.5 and 10.4, such Securities shall cease from and after the date fixed for redemption to be entitled to any benefit or security under this Indenture, and the Holders thereof shall have no right in respect of such Securities except the right to receive the applicable redemption price thereof and unpaid interest to the date fixed for redemption. On presentation and surrender of such Securities at a Place place of Payment payment specified in such notice specifiedsaid notice, together with all Coupons, if any, appertaining thereto maturing after the date fixed for redemption, such Securities or the specified portions thereof shall be paid and redeemed by the Issuer at the applicable Redemption Priceredemption price, together with any interest accrued thereon to the applicable Redemption Date, except that if such Redemption Date is an Interest Payment Date, interest shall be paid as provided in Section 3.8. Upon presentation of any Security redeemed in part only, the Issuer shall execute and the Trustee shall authenticate and make available for delivery to or on the order of the Holder thereof, at the expense of the Issuer, a new Security or Securities of such series, of authorized denominations, in principal amount equal to the unredeemed portion of the Security so presented.the

Appears in 1 contract

Samples: Indenture (United States Cellular Corp)

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