Common use of Acceptance; Rejection Clause in Contracts

Acceptance; Rejection. Any Holder of 2025 Bonds may accept or reject the offer to prepay made pursuant to this Section 2.06 by causing a notice of such acceptance or rejection to be delivered to the Company not fewer than then ten (10) days prior to the Proposed Prepayment Date. A failure by a Holder of 2025 Bonds to respond to an offer to prepay made pursuant to this Section 2.06 shall be deemed to constitute a rejection of such offer by such Holder.

Appears in 4 contracts

Sources: Twenty Sixth Supplemental Indenture (Public Service Co of New Mexico), Bond Purchase Agreement (Texas New Mexico Power Co), Twenty Fourth Supplemental Indenture (Texas New Mexico Power Co)

Acceptance; Rejection. Any Holder of 2025 2019 Bonds may accept or reject the offer to prepay made pursuant to this Section 2.06 by causing a notice of such acceptance or rejection to be delivered to the Company not fewer than then ten (10) days prior to the Proposed Prepayment Date. A failure by a Holder of 2025 2019 Bonds to respond to an offer to prepay made pursuant to this Section 2.06 shall be deemed to constitute a rejection of such offer by such Holder.

Appears in 2 contracts

Sources: Eleventh Supplemental Indenture (Texas New Mexico Power Co), Tenth Supplemental Indenture (Texas New Mexico Power Co)

Acceptance; Rejection. Any Holder of 2025 2021 Bonds may accept or reject the offer to prepay made pursuant to this Section 2.06 by causing a notice of such acceptance or rejection to be delivered to the Company not fewer than then ten (10) days prior to the Proposed Prepayment Date. A failure by a Holder of 2025 2021 Bonds to respond to an offer to prepay made pursuant to this Section 2.06 shall be deemed to constitute a rejection of such offer by such Holder.

Appears in 2 contracts

Sources: Supplemental Indenture (Texas New Mexico Power Co), Bond Purchase Agreement (Public Service Co of New Mexico)

Acceptance; Rejection. Any Holder of 2025 2022 Bonds may accept or reject the offer to prepay made pursuant to this Section 2.06 by causing a notice of such acceptance or rejection to be delivered to the Company not fewer than then ten (10) days prior to the Proposed Prepayment Date. A failure by a Holder of 2025 2022 Bonds to respond to an offer to prepay made pursuant to this Section 2.06 shall be deemed to constitute a rejection of such offer by such Holder.

Appears in 2 contracts

Sources: Seventeenth Supplemental Indenture (Texas New Mexico Power Co), Fifteenth Supplemental Indenture (Texas New Mexico Power Co)

Acceptance; Rejection. Any Holder of 2025 2024 Bonds may accept or reject the offer to prepay made pursuant to this Section 2.06 by causing a notice of such acceptance or rejection to be delivered to the Company not fewer than then ten (10) days prior to the Proposed Prepayment Date. A failure by a Holder of 2025 2024 Bonds to respond to an offer to prepay made pursuant to this Section 2.06 shall be deemed to constitute a rejection of such offer by such Holder.

Appears in 2 contracts

Sources: Supplemental Indenture (Texas New Mexico Power Co), Twentieth Supplemental Indenture (Texas New Mexico Power Co)

Acceptance; Rejection. Any Holder of 2025 2018A Bonds may accept or reject the offer to prepay made pursuant to this Section 2.06 by causing a notice of such acceptance or rejection to be delivered to the Company not fewer than then ten (10) days prior to the Proposed Prepayment Date. A failure by a Holder of 2025 2018A Bonds to respond to an offer to prepay made pursuant to this Section 2.06 shall be deemed to constitute a rejection of such offer by such Holder.

Appears in 1 contract

Sources: Ninth Supplemental Indenture (Texas New Mexico Power Co)

Acceptance; Rejection. Any A Holder of 2025 Bonds may accept or reject the offer to prepay made pursuant to this Section 2.06 8.7 by causing a notice of such acceptance or rejection to be delivered to the Company not fewer than then ten (10) days at least five Business Days prior to the Proposed Prepayment Date. A failure by a Holder of 2025 Bonds to respond to an offer to prepay made pursuant to this Section 2.06 8.7 shall be deemed to constitute a rejection of such offer by such Holder.

Appears in 1 contract

Sources: Bond Purchase Agreement (South Jersey Industries Inc)

Acceptance; Rejection. Any Holder of 2025 2023 Bonds may accept or reject the offer to prepay made pursuant to this Section 2.06 by causing a notice of such acceptance or rejection to be delivered to the Company not fewer than then ten (10) days prior to the Proposed Prepayment Date. A failure by a Holder of 2025 2023 Bonds to respond to an offer to prepay made pursuant to this Section 2.06 shall be deemed to constitute a rejection of such offer by such Holder.

Appears in 1 contract

Sources: Nineteenth Supplemental Indenture (Texas New Mexico Power Co)