No Limit on Other Purchases Clause Samples
The "No Limit on Other Purchases" clause establishes that the agreement does not restrict either party from making additional purchases outside the scope of the current contract. In practice, this means that the buyer is free to procure similar goods or services from other suppliers, and the seller can sell to other customers without limitation. This clause ensures commercial flexibility for both parties and prevents the contract from being interpreted as an exclusive arrangement, thereby avoiding potential disputes over exclusivity or market restrictions.
No Limit on Other Purchases. Nothing in this Indenture or the Notes shall prohibit or limit the right of the Company or any Affiliate of the Company from time to time to repurchase the Notes at any price in open market purchases or negotiated transactions, by tender offer or otherwise without any notice to or consent by Holders. Any Notes purchased by the Company may, to the extent permitted by law, be held or resold or may, at the Company’s option, be delivered to the Trustee for cancellation. Any Notes delivered to the Trustee for cancellation may not be reissued or resold and will promptly be cancelled.
No Limit on Other Purchases. Nothing in this Supplemental Indenture or the Notes shall prohibit or limit the right of the Company or any Affiliate of the Company from time to time to repurchase the Notes at any price in open market purchases or negotiated transactions or by tender offer or otherwise without any notice to or consent by Holders. Any Notes purchased by the Company may, to the extent permitted by law, be held or resold or may, at the Company’s option, be delivered to the Trustee for cancellation. Any Notes delivered to the Trustee for cancellation may not be reissued or resold and will be promptly cancelled. ARTICLE FOUR Covenants Section 1001, Section 1002, Section 1004 and Section 1005 of the Base Indenture shall not apply to, and the covenants therein shall be deemed included in this Supplemental Indenture solely for the benefit of a different series of Securities than, the Notes.