Redemptions; Assumption Sample Clauses

Redemptions; Assumption. (a) Except as provided in paragraphs (c) and (d) of this Section 2.10 or as provided in any indenture supplemental hereto, all Lessor Notes outstanding under this Indenture shall be redeemed, in whole but not in part, at a price equal to the principal amount thereof, together with accrued interest thereon, if any, on the earliest to occur on the date of redemption, but without any Make-Whole Amount or other premium:
AutoNDA by SimpleDocs
Redemptions; Assumption. (a) Except as provided in paragraphs (c) and (d) of this Section 2.10 or as provided in any indenture supplemental hereto, the applicable Notes shall be redeemed at a price equal to the principal amount of the Notes redeemed, together with accrued interest on such principal amount so redeemed to the Redemption Date, in whole or, to the extent set forth in clause (i), (ii), (iii) or (iv), in part, in the event of:
Redemptions; Assumption. (a) Except as provided in paragraphs (c) and (d) of this Section 2.10 or as provided in any indenture supplemental hereto, the Notes shall be redeemed at a price equal to the principal amount of the Notes redeemed, and accrued interest on such principal amount so redeemed to the Redemption Date, in whole but not in part, in the event of (i) the receipt of moneys by the Indenture Trustee as a result of the occurrence of an Event of Loss (other than a Regulatory Event of Loss in respect of which the Lessee effects an assumption of the Notes in accordance with paragraph (b) of this Section 2.10), (ii) the receipt of moneys by the Indenture Trustee as a result of the occurrence of a termination of the Lease pursuant to Section 13.1 or 13.2 thereof, unless the Lessee effects an assumption of the Notes in accordance with paragraph (b) of this Section 2.10, and (iii) the receipt of moneys by the Indenture Trustee as a result of a termination of the Lease pursuant to Section 14 thereof (other than Section 14.1(b) thereof). Any such redemption shall be made in accordance with the applicable provisions of Section 3.
Redemptions; Assumption. (a) Except as provided in paragraphs (c) and (d) of this Section 2.10 or as provided in any indenture supplemented hereto, the Notes shall be redeemed at a price equal to the principal amount of the Notes redeemed, and accrued interest on such principal amount so redeemed to the Redemption Date, (i) in whole, but not in part, upon the receipt of moneys by Indenture Trustee as a result of the occurrence of an Event of Loss (except an Event of Loss referred to in clause (e) of the definition thereof under the circumstances contemplated in paragraph (b) of this Section 2.10), (ii) in whole, but not in part, upon the receipt of moneys by Indenture Trustee as a result of the exercise by Lessee of any of its options to purchase the Undivided Interest under Article 5 of the Lease, (iii) in whole, but not in part, upon the receipt of moneys by Indenture Trustee as a result of the exercise by Lessee of its right to terminate the Lease pursuant to Article 6 of the Lease, (iv) in whole or in part, upon the receipt of moneys by Indenture Trustee as a result of an Indenture Event of Default and acceleration of the Notes, and (v) in whole, but not in part, pursuant to Section 4.3(e) hereof. Any such redemption shall be made in accordance with the applicable provisions of Article 3 hereof.

Related to Redemptions; Assumption

  • Redemption and Waiver (a) The Board of Directors acting in good faith may, with the prior approval of the holders of Voting Shares or of the holders of Rights given in accordance with Section 5.1(i) or (j), as the case may be, at any time prior to the occurrence of a Flip-in Event as to which the application of Section 3.1 has not been waived pursuant to the provisions of this Section 5.1, elect to redeem all but not less than all of the then outstanding Rights at a redemption price of $0.00001 per Right appropriately adjusted in a manner analogous to the applicable adjustment provided for in Section 2.3 in the event that an event of the type analogous to any of the events described in Section 2.3 shall have occurred (such redemption price being herein referred to as the “Redemption Price”).

  • Redemption and Repurchase; Discharge Prior to Redemption or Maturity This Note is subject to optional redemption, and may be the subject of an Offer to Purchase, as further described in the Indenture. There is no sinking fund or mandatory redemption applicable to this Note. If the Company deposits with the Trustee money or U.S. Government Obligations sufficient to pay the then outstanding principal of, premium, if any, and accrued interest on the Notes to redemption or maturity, the Company may in certain circumstances be discharged from the Indenture and the Notes or may be discharged from certain of its obligations under certain provisions of the Indenture.

  • Redemption of Notes Section 10.01. Redemption...................................................................53 Section 10.02. Form of Redemption Notice....................................................54 Section 10.03. Notes Payable on Redemption Date.............................................54

  • Redemption of Units If the underwriters (the “Underwriters”) in the Company’s initial public offering (the “IPO”) do not exercise in full their over-allotment option to be granted by the Company pursuant to an underwriting agreement by and among the Underwriters and the Company, then either (i) the Company shall redeem from Purchaser, at a redemption price equal to $0.01 per Unit, or (ii) the Purchaser shall forfeit, a number of Units equal to 6,000 multiplied by the percentage of the Underwriters’ over-allotment option that remains unexercised as of the expiration date thereof.

  • Redemption and Purchase The Notes shall be subject to redemption and purchase by the Company pursuant to the provisions of Article Eleven of the Original Indenture and this Article 3.

  • Redemptions at the Option of the Trust The Board of Trustees may, from time to time, without the vote or consent of the Shareholders, and subject to the 1940 Act, redeem Shares or authorize the closing of any Shareholder account, subject to such conditions as may be established by the Board of Trustees.

  • Redemption The Company may redeem the Securities of any series issued hereunder on and after the dates and in accordance with the terms established for such series pursuant to Section 2.01 hereof.

  • Redemption and Purchases Section 3.1 Right to Redeem; Notices to Trustee.......................... 24 Section 3.2 Selection of Securities to Be Redeemed....................... 25 Section 3.3

  • Redemption Provisions Notwithstanding any provision to the contrary contained in the Certificate of Incorporation of Borrower, as amended from time to time (the “Charter”), if, pursuant to the redemption provisions contained in the Charter, Lender is entitled to a redemption of its Warrant, such redemption (in the case of Lender) will be at a price equal to the redemption price set forth in the Charter (the “Existing Redemption Price”). If, however, Lender delivers written notice to Borrower that the then current regulations promulgated under the SBIC Act prohibit payment of the Existing Redemption Price in the case of an SBIC (or, if applied, the Existing Redemption Price would cause the Series C Preferred Stock to lose its classification as an “equity security” and Lender has determined that such classification is unadvisable), the amount Lender will be entitled to receive shall be the greater of (i) fair market value of the securities being redeemed taking into account the rights and preferences of such securities plus any costs and expenses of the Lender incurred in making or maintaining the Warrant, and (ii) the Existing Redemption Price where the amount of accrued but unpaid dividends payable to the Lender is limited to Borrower's earnings plus any costs and expenses of the Lender incurred in making or maintaining the Warrant; provided, however, the amount calculated in subsections (i) or (ii) above shall not exceed the Existing Redemption Price.

  • REDEMPTION AND REPURCHASE The Notes are subject to optional redemption, and may be the subject of an Offer to Purchase, as further described in the Indenture. The Company shall not be required to make mandatory redemption or sinking fund payments with respect to the Notes.

Time is Money Join Law Insider Premium to draft better contracts faster.