Common use of Purchase of Notes for Cancellation Clause in Contracts

Purchase of Notes for Cancellation. Subject to such restrictions on purchase as may be set forth in any Notes of a Series or in any supplemental indenture under which Notes of a Series may be issued, at any time when the Issuer is not in default hereunder, the Issuer may purchase Notes in the market or by private contract at any price.

Appears in 2 contracts

Sources: Trust Indenture (Emera Inc), Trust Indenture (Emera Inc)