Effect of Repurchase Notice. Upon receipt by the Trustee (or other paying agent appointed by the Company) of the Repurchase Notice specified in Section 3.10, the holder of the 2012 Note in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawn) thereafter be entitled to receive solely the repurchase price with respect to such 2012 Note. Such repurchase price shall be paid to such holder, subject to receipt of funds or 2012 Notes by the Trustee (or other paying agent appointed by the Company), promptly following the later of (x) the Repurchase Date with respect to such 2012 Note (provided the holder has satisfied the conditions in Section 3.10) and (y) the time of delivery of such 2012 Note to the Trustee (or other paying agent appointed by the Company) by the holder thereof in the manner required by Section 3.10.
Appears in 1 contract
Sources: Indenture (Harbin Electric, Inc)
Effect of Repurchase Notice. Upon receipt by the Trustee (or other paying agent Paying Agent appointed by the Company) of the Repurchase Notice specified in Section 3.103.03, the holder of the 2012 Note Holder in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawn) thereafter be entitled to receive solely the repurchase price with respect to such 2012 Note. Such repurchase price shall be paid to such holderHolder, subject to receipt of funds or 2012 Notes by the Trustee (or other paying agent Paying Agent appointed by the Company), promptly following the later of (x) the Repurchase Put Date with respect to such 2012 Note (provided the holder has satisfied the conditions in Section 3.103.03) and (y) the time of delivery of such 2012 Note to the Trustee (or other paying agent Paying Agent appointed by the Company) by the holder thereof in the manner required by Section 3.103.03.
Appears in 1 contract
Sources: Indenture (Tu Guo Shen)