Conditions to the Exchange. The Exchange shall not close unless and -------------------------- until 100% of the outstanding principal amount of the Notes have tendered their Notes for exchange (which provision may be waived by the holders of 95% in aggregate principal amount of the Notes).
Appears in 2 contracts
Sources: Agreement (Pacific Aerospace & Electronics Inc), Amended and Restated Agreement (Pacific Aerospace & Electronics Inc)
Conditions to the Exchange. The Exchange shall not close unless and -------------------------- until 100% of the outstanding principal amount of the Notes have tendered their Notes for exchange (which provision may be waived by the holders of 95% in aggregate principal amount of the Notes).
Appears in 1 contract
Sources: Amended and Restated Agreement (Pacific Aerospace & Electronics Inc)