Common use of Effect of Repurchase Notice Clause in Contracts

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.08, the Holder of the Security in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawn) thereafter be entitled to receive solely the Repurchase Price with respect to such Security. Such Repurchase Price shall be paid to such Holder, subject to receipt of funds and/or Securities by the Paying Agent, promptly following the later of (x) the Repurchase Date with respect to such Note (provided the Holder has satisfied the conditions in Section 3.08) and (y) the time of delivery of such Security to the Paying Agent by the Holder thereof in the manner required by Section 3.08. Securities in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted pursuant to Article 10 hereof on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawn.

Appears in 1 contract

Sources: Indenture (Apex Silver Mines LTD)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.08Notice, the Holder of the Security 2020 Debenture in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawnwithdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Repurchase Price with respect to such Security2020 Debenture. Such Repurchase Price shall be paid to such Holder, subject to receipt of funds and/or Securities Common Stock by the Paying Agent, promptly following the later of (x) the Repurchase Date with respect to such Note 2020 Debenture (provided the Holder has satisfied the conditions in Section 3.0812.01 have been satisfied) and (y) the time of delivery of such Security 2020 Debenture to the Paying Agent by the Holder thereof in the manner required by Section 3.0812.01. Securities 2020 Debentures in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted pursuant to Article 10 XI hereof on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following two paragraphs.

Appears in 1 contract

Sources: Supplemental Indenture (Global Marine Inc)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.081505, the Holder of the Security 2031 Debenture in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawnwithdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Repurchase Price and any accrued and unpaid contingent interest with respect to such Security2031 Debenture. Such Repurchase Price shall be paid to such Holder, subject to receipt of funds and/or Securities Common Stock by the Paying Agent, promptly following the later of (x) the Repurchase Date with respect to such Note 2031 Debenture (provided the Holder has satisfied the conditions in Section 3.081501 have been satisfied) and (y) the time of delivery of such Security 2031 Debenture to the Paying Agent by the Holder thereof in the manner required by Section 3.081501. Securities 2031 Debentures in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted pursuant to Article 10 Fourteen hereof on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following two paragraphs.

Appears in 1 contract

Sources: Third Supplemental Indenture (Diamond Offshore Drilling Inc)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.08Notice, the Holder of the Security in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawnwithdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Repurchase Price with respect to such Security. Such Repurchase Price shall be paid to such Holder, subject to receipt of funds and/or Securities securities by the Paying Agent, promptly following the later of (x) the Repurchase Date with respect to such Note Security (provided the Holder has satisfied the conditions in Section 3.0813.1 have been satisfied) and (y) the time of delivery of such Security to the Paying Agent by the Holder thereof in the manner required by Section 3.0813.1. Securities in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted pursuant to Article 10 4 hereof on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following two paragraphs.

Appears in 1 contract

Sources: Indenture (Alza Corp)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.08Notice, the Holder of the Security 2021 Debenture in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawnwithdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Repurchase Price with respect to such Security2021 Debenture. Such Repurchase Price shall be paid to such Holder, subject to receipt of funds and/or Securities Common Stock by the Paying Agent, promptly following the later of (x) the Repurchase Date with respect to such Note 2021 Debenture (provided the Holder has satisfied the conditions in Section 3.081501 have been satisfied) and (y) the time of delivery of such Security 2021 Debenture to the Paying Agent by the Holder thereof in the manner required by Section 3.081501. Securities 2021 Debentures in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted pursuant to Article 10 FOURTEEN hereof on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following two paragraphs.

Appears in 1 contract

Sources: Fifth Supplemental Indenture (El Paso Corp/De)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.0811.01(c), the Holder of the Security Note in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawnwithdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Repurchase Price with respect to such SecurityNote. Such Repurchase Price shall be paid to such Holder, subject to receipt of funds and/or Securities cash by the Paying Agent, promptly following the later of (xa) the Repurchase Date with respect to such Note (provided the Holder has satisfied the conditions in Section 3.0811.01(c) have been satisfied) and (yb) the time of book-entry transfer or delivery of such Security Note to the Paying Agent by the Holder thereof in the manner required by Section 3.0811.01(c). Securities Notes in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted pursuant to Article 10 XIII hereof on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following paragraph.

Appears in 1 contract

Sources: Indenture (Lecroy Corp)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.0812.01(c), the Holder of the Security in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawnwithdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Repurchase Price with respect to such Security. Such Repurchase Price shall be paid to such Holder, subject to receipt of funds and/or Securities cash by the Paying Agent, promptly following the later of (xa) the Repurchase Date with respect to such Note Security (provided the Holder has satisfied the conditions in Section 3.0812.01(c) have been satisfied) and (yb) the time of delivery of such Security to the Paying Agent by the Holder thereof in the manner required by Section 3.0812.01(c). Securities in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted pursuant to Article 10 XIV hereof on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following paragraph.

Appears in 1 contract

Sources: Indenture (JDS Uniphase Corp /Ca/)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.0812.01(c), the Holder of the Security in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawnwithdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Repurchase Price with respect to such Security. Such Repurchase Price shall be paid to such Holder, subject to receipt receipts of funds and/or Securities cash by the Paying Agent, promptly following the later of (xa) the Repurchase Date with respect to such Note Security (provided the Holder has satisfied the conditions in Section 3.0812.01(c) have been satisfied) and (yb) the time of delivery of such Security to the Paying Agent by the Holder thereof in the manner required by Section 3.0812.01(c). Securities in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted pursuant to Article 10 hereof 15 on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following paragraph.

Appears in 1 contract

Sources: Indenture (JDS Uniphase Corp /Ca/)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.08Notice, the Holder of the Security 2021 Debenture in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawnwithdrawn as specified in the following two 34 37 paragraphs) thereafter be entitled to receive solely the Repurchase Price with respect to such Security2021 Debenture. Such Repurchase Price shall be paid to such Holder, subject to receipt of funds and/or Securities Ordinary Shares by the Paying Agent, promptly following the later of (x) the Repurchase Date with respect to such Note 2021 Debenture (provided the Holder has satisfied the conditions in Section 3.081501 have been satisfied) and (y) the time of delivery of such Security 2021 Debenture to the Paying Agent by the Holder thereof in the manner required by Section 3.081501. Securities 2021 Debentures in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted pursuant to Article 10 Fourteen hereof on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following two paragraphs.

Appears in 1 contract

Sources: Fourth Supplemental Indenture (Transocean Sedco Forex Inc)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.08Notice, the Holder of the Security 2021 Debenture in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawnwithdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Repurchase Price with respect to such Security2021 Debenture. Such Repurchase Price shall be paid to such Holder, subject to receipt of funds and/or Securities Ordinary Shares by the Paying Agent, promptly following the later of (x) the Repurchase Date with respect to such Note 2021 Debenture (provided the Holder has satisfied the conditions in Section 3.081501 have been satisfied) and (y) the time of delivery of such Security 2021 Debenture to the Paying Agent by the Holder thereof in the manner required by Section 3.081501. Securities 2021 Debentures in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted pursuant to Article 10 Fourteen hereof on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following two paragraphs.

Appears in 1 contract

Sources: Fourth Supplemental Indenture (Transocean Sedco Forex Inc)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.08Notice, the Holder of the Security 2020 Debenture in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawnwithdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Repurchase Price with respect to such Security2020 Debenture. Such Repurchase Price shall be paid to such Holder, subject to receipt of funds and/or Securities Ordinary Shares by the Paying Agent, promptly following the later of (x) the Repurchase Date with respect to such Note 2020 Debenture (provided the Holder has satisfied the conditions in Section 3.081501 have been satisfied) and (y) the time of delivery of such Security 2020 Debenture to the Paying Agent by the Holder thereof in the manner required by Section 3.081501. Securities 2020 Debentures in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted pursuant to Article 10 Fourteen hereof on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following two paragraphs.

Appears in 1 contract

Sources: Third Supplemental Indenture (Transocean Sedco Forex Inc)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.084.3, the Holder holder of the Security a Convertible Note in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawnwithdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Repurchase Price with respect to such SecurityConvertible Note. Such Repurchase Price shall be paid to such Holderholder, subject to receipt receipts of funds cash and/or Securities shares of Common Stock by the Paying Agent, promptly following the later of (xa) the Repurchase Date with respect to such Convertible Note (provided the Holder has satisfied the conditions in Section 3.084.3 have been satisfied) and (yb) the time of delivery of such Security Convertible Note to the Paying Agent by the Holder holder thereof in the manner required by Section 3.084.3. Securities Convertible Notes in respect of which a Repurchase Notice has been given by the Holder holder thereof may not be converted pursuant to Article 10 hereof 14 on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following paragraph.

Appears in 1 contract

Sources: Indenture (Gatx Corp)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.08Notice, the Holder of the Security 2020 Debenture in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawnwithdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Repurchase Price with respect to such Security2020 Debenture. Such Repurchase Price shall be paid to such Holder, subject to receipt of funds and/or Securities Common Stock by the Paying Agent, promptly following the later of (x) the Repurchase Date with respect to such Note 2020 Debenture (provided the Holder has satisfied the conditions in Section 3.081601 have been satisfied) and (y) the time of delivery of such Security 2020 Debenture to the Paying Agent by the Holder thereof in the manner required by Section 3.081601. Securities 2020 Debentures in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted pursuant to Article 10 FIFTEEN hereof on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following two paragraphs.

Appears in 1 contract

Sources: Second Supplemental Indenture (Weatherford International Inc /New/)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.08Notice, the Holder of the Security 2020 Debenture in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawnwithdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Repurchase Price with respect to such Security2020 Debenture. Such Repurchase Price shall be paid to such Holder, subject to receipt of funds and/or Securities Common Stock by the Paying Agent, promptly following the later of (x) the Repurchase Date with respect to such Note 2020 Debenture (provided the Holder has satisfied the conditions in Section 3.081501 have been satisfied) and (y) the time of delivery of such Security 2020 Debenture to the Paying Agent by the Holder thereof in the manner required by Section 3.081501. Securities 2020 Debentures in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted pursuant to Article 10 Fourteen hereof on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following two paragraphs.

Appears in 1 contract

Sources: First Supplemental Indenture (Perkinelmer Inc)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.08Notice, the Holder of the Security 2020 Debenture in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is validly withdrawnwithdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Repurchase Price with respect to such Security2020 Debenture. Such Repurchase Price shall be paid to such Holder, subject to receipt of funds and/or Securities by the Paying Agent, promptly following the later of (x) the Repurchase Date with respect to such Note 2020 Debenture (provided the Holder has satisfied the conditions in Section 3.081501 have been satisfied) and (y) the time of delivery of such Security 2020 Debenture to the Paying Agent by the Holder thereof in the manner required by Section 3.081501. Securities 2020 Debentures in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted pursuant to Article 10 Fourteen hereof on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following paragraph.

Appears in 1 contract

Sources: Supplemental Indenture (Anadarko Petroleum Corp)