Common use of Mandatory Tender Clause in Contracts

Mandatory Tender. (a) The Holder of each Bond other than a Pledged Bond or a Bond that has been deemed Fully Paid shall be required to tender such Bond to the Trustee or Tender Agent for purchase on the following dates; provided each such Holder may elect to retain the Bond or Bonds thereof by written notice meeting the requirements of subsection 4.05

Appears in 2 contracts

Sources: Trust Indenture (Color Imaging Inc), Trust Indenture (Color Imaging Inc)