Repurchase Transaction. Prior to or substantially concurrently with the closing in respect of the sale of the Securities to the Underwriters the Company shall consummate in all material respects transactions with certain beneficial owners of the Company’s existing Medium-Term Notes due 2017 (the “Existing Notes due 2017”) pursuant to which the Company will repurchase Existing Notes due 2017, and certain beneficial owners have agreed to purchase an amount of Notes, as described in the Disclosure Package and the Prospectus (the “Repurchase Transaction”). If any condition specified in this Section 5(I) is not satisfied when and as required to be satisfied, this Agreement may be terminated by the Representative by notice to the Company at any time on or prior to the Closing Date, which termination shall be without liability on the part of any party to any other party, except that Sections 4, 6, 8 and 9 hereof shall at all times be effective and shall survive such termination.
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Repurchase Transaction. Prior to or substantially concurrently Concurrently with the closing in respect of the sale of the Securities to the Underwriters the Company shall consummate in all material respects transactions with certain beneficial owners of the Company’s existing Medium-Term Notes due 2017 (the “Existing Notes due 2017”) pursuant to which the Company will repurchase Existing Notes due 2017, and certain beneficial owners have agreed to purchase an amount of Notes, as described in the Disclosure Package and the Prospectus Prospectus, (the “Repurchase Transaction”). If any condition specified in this Section 5(I5 (I) is not satisfied when and as required to be satisfied, this Agreement may be terminated by the Representative by notice to the Company at any time on or prior to the Closing Date, which termination shall be without liability on the part of any party to any other party, except that Sections 4, 6, 7 and 8 and 9 hereof shall at all times be effective and shall survive such termination.
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