Common use of Covenants of Party A Clause in Contracts

Covenants of Party A. (a) Party A shall use any Settlement Shares delivered by Party B to Party A to return to securities lenders to close out borrowings created by Party A (or an affiliate of Party A) in connection with its hedging activities related to exposure under the Transaction.

Appears in 4 contracts

Samples: Beckman Coulter Inc, Beckman Coulter Inc, Beckman Coulter Inc

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Covenants of Party A. (a) Party A shall use any Settlement Shares delivered by Party B to Party A on any Settlement Date to return to securities lenders to close out borrowings created by Party A (or an affiliate of Party A) in connection any open loans with its hedging activities related respect to exposure under the TransactionShares.

Appears in 3 contracts

Samples: Letter Agreement (Southern Union Co), Affiliated Managers (Affiliated Managers Group Inc), Southern Union Co

Covenants of Party A. (a) Party A shall use any Settlement Shares delivered by Party B to Party A to return to securities lenders to close out borrowings created by Party A (or an affiliate of Party A) in connection with its hedging activities related to exposure under the this Transaction.

Appears in 3 contracts

Samples: Letter Agreement (E Trade Financial Corp), Letter Agreement (E Trade Financial Corp), Letter Agreement (Pantry Inc)

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Covenants of Party A. (a) Party A shall use any Settlement Shares delivered by Party B to Party A to return to securities lenders to close out borrowings created by Party A (or an affiliate of Party A) A in connection with its hedging activities related to exposure under the this Transaction.

Appears in 1 contract

Samples: Cedar Shopping Centers Inc

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