Common use of Form of Election of Holder to Require Repurchase Clause in Contracts

Form of Election of Holder to Require Repurchase. ELECTION OF HOLDER TO REQUIRE REPURCHASE 1. Pursuant to Section 13.1 of the Indenture, the undersigned hereby ------------ elects to have this Security repurchased by the Company. 2. The undersigned hereby directs the Trustee or the Company to pay it or _______________ an amount in cash or, at the Company's election, Common Stock valued as set forth in the Indenture, equal to 100% of the principal amount to be repurchased (as set forth below), plus interest accrued to the Repurchase Date, as provided in the Indenture. Dated: ___________________________ Signature(s) must be guaranteed by an Eligible Guarantor Institution with membership in an approved signature guarantee program pursuant to Rule 17Ad - 15 under the Securities Exchange Act of 1934. ___________________________ Signature Signature(s) must be guaranteed by an Eligible Guarantor Institution with membership in an approved signature guarantee program pursuant to Rule 17Ad - 15 under the Securities Exchange Act of 1934. ___________________________ Signature Principal amount to be repurchased (an amount of U.S. $1,000 or an integral multiple of U.S.$1,000): Remaining principal amount following such repurchase: ___________________________ Signature NOTICE: The Signature to the foregoing Election must correspond to the Name as written upon the face of this Security in every particular, without alteration or any change whatsoever.

Appears in 1 contract

Sources: Indenture (Medarex Inc)

Form of Election of Holder to Require Repurchase. ELECTION OF HOLDER TO REQUIRE REPURCHASE 1. Pursuant to Section 13.1 of the Indenture, the undersigned hereby ------------ elects to have this Security repurchased by the Company. 2. The undersigned hereby directs the Trustee or the Company to pay it or _______________ an amount in cash or, at the Company's election, Common Stock valued as set forth in the Indenture, equal to 100% of the principal amount to be repurchased (as set forth below), plus interest accrued to the Repurchase Date, as provided in the Indenture. Dated: ________________________________ Signature(s) must be guaranteed by an Eligible Guarantor Institution with membership in an approved signature guarantee program pursuant to Rule 17Ad - 15 under the Securities Exchange Act of 1934. ___________________________ Signature Signature(s) must be guaranteed by an Eligible Guarantor Institution with membership in an approved signature guarantee program pursuant to Rule 17Ad - 15 -15 under the Securities Exchange Act of 1934. ___________________________ Signature Principal amount to be repurchased (an amount of U.S. $1,000 or an integral multiple of U.S.$1,000): Remaining principal amount following such repurchase: ___________________________ Signature NOTICE: The Signature to the foregoing Election must correspond to the Name as written upon the face of this Security in every particular, without alteration or any change whatsoever.

Appears in 1 contract

Sources: Indenture (Medarex Inc)