Acquisition of Notes. Neither the Company nor any Subsidiary or Affiliate, directly or indirectly, will repurchase or offer to repurchase any Notes unless the offer is made to repurchase Notes pro rata from all holders at the same time and on the same terms. The Company will forthwith cancel any Notes in any manner or at any time acquired by the Company or any Subsidiary or Affiliate and such Notes shall not be deemed to be outstanding for any of the purposes of this Agreement or the Notes.
Appears in 2 contracts
Sources: Note Agreement (Danaher Corp /De/), Note Agreement (Standard Motor Products Inc)
Acquisition of Notes. Neither the The Company will not, nor will it permit any Subsidiary of its Subsidiaries or AffiliateAffiliates to, directly or indirectly, will repurchase or otherwise acquire or make any offer to repurchase or otherwise acquire any Notes unless the offer is made Company shall have offered to repurchase Notes pro rata purchase or otherwise acquire from all of the holders of the Notes the same proportion of the aggregate principal amount of Notes, at the same time outstanding, and on upon the same terms. The Company will forthwith cancel any Notes in any manner or at any time acquired by the Company or any Subsidiary or Affiliate terms and such Notes shall not be deemed to be outstanding for any of the purposes of this Agreement or the Notesconditions.
Appears in 1 contract
Sources: Note Purchase Agreement (Impleo LLC)