(2)
Sensata Technologies Holding plc (NYSE: ST) ( Sensata Technologies ) today announced that its indirect wholly owned subsidiary, Sensata Technologies UK Financing Co. plc (the Issuer ), intends to redeem in full all $750,000,000 in aggregate principal amount of its outstanding 6.250% Senior Notes due 2026 (the Notes ). The redemption will be made in accordance with the terms of the indenture governing the Notes and the terms of the notice of redemption.
The Issuer expects to redeem the Notes on March 5, 2021 (the Redemption Date ) at a redemption price equal to 103.125% of the aggregate principal amount of the outstanding Notes, plus accrued and unpaid interest to (but not including) the Redemption Date (the Redemption Price ). The Redemption Price will be due and payable on the Redemption Date upon surrender of the Notes.
(2) Marketing, gathering, and transportation costs exceeded sales price for the production period.
(3) Commencing with the distribution to unitholders payable in first quarter 2019, the Trustee began withholding the greater of $70,000 or 3.5% of the funds otherwise available for distribution each quarter to gradually increase existing cash reserves by a total of approximately $850,000. The Trustee may increase or decrease the targeted amount at any time, and may increase or decrease the rate at which it is withholding funds to build the cash reserve at any time, without advance notice to the unitholders. Cash held in reserve will be invested as required by the trust agreement. Any cash reserved in excess of the amount necessary to pay or provide for the payment of future known, anticipated or contingent expenses or liabilities eventually will be distributed to unitholders, together with interest earned on the funds.
Press release content from Business Wire. The AP news staff was not involved in its creation.
SandRidge Permian Trust Announces Distribution of Net Asset Sale Proceeds in February 2021
February 1, 2021 GMT
HOUSTON (BUSINESS WIRE) Feb 1, 2021
SANDRIDGE PERMIAN TRUST (OTC Pink: PERS) today announced a distribution of approximately $3.9 million, or $0.075 per unit, reflecting the fair value to the Trust, less cash reserves withheld by the Trust as described below, received by the Trust for the portion of the Trust’s Overriding Royalty Interests (“ Royalty Interests ”) required to be released upon the sale by Avalon Energy, LLC (“ Avalon ”) of wells and related assets associated with specified oil and natural gas, properties situated in the Central Basin Platform of the Permian Basin in Andrews County, Texas (the “ Underlying Properties ”) to Montare Resources I, LLC (“ Montare ”) on October 13, 2020 (the “ Montare sale ”), as previously disclosed in the Trust
Merck & Co. Inc. and
Merck Sharp & Dohme Corp.: Complaint Against Glenn H. Carlson ( Filing Fee $ 402 Receipt Number 0313-14853760.), Filed By Glenn H. Carlson. (attachments: # 1 Civil Cover Sheet Civil Cover Sheet, # 2 Certificate Of Service Merck & Co. Inc. /pos, # 3 Certificate Of Service McKesson Corp./pos, #4 Certificate Of Service Merck Sharp And Dohme Corp./Pos, # 5 Case Management Track Form Case Management Track Form, # 6 Designation Form Designation Form)(humphrey, Debra)
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Case number 2:21-cv-00260 was filed in the U.S. District Court for the Eastern District of Pennsylvania.