Common use of Effect of Purchase Notice Clause in Contracts

Effect of Purchase Notice. Upon receipt by the Paying Agent of the Purchase Notice specified in Section 801, the Holder of the Debenture in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Purchase Price with respect to such Debenture. Such Purchase Price shall be paid to such Holder, subject to receipt of funds and/or Common Stock by the Paying Agent, promptly following the later of (x) the Purchase Date with respect to such Debenture (provided the conditions in Section 801 have been satisfied) and (y) the time of delivery of such Debenture to the Paying Agent by the Holder thereof in the manner required by Section 801. Debentures in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article Seven hereof on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following two paragraphs.

Appears in 3 contracts

Samples: Dte Energy Co, Dte Energy Co, Dte Energy Co

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Effect of Purchase Notice. Upon receipt by the Paying Agent of the Purchase Notice specified in Section 801701, the Holder of the Debenture Note in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Purchase Price with respect to such DebentureNote. Such Purchase Price shall be paid to such Holder, subject to receipt of funds and/or Common Stock by the Paying Agent, promptly following the later of (x) the Purchase Date with respect to such Debenture Note (provided the conditions in Section 801 701 have been satisfied) and (y) the time of delivery of such Debenture Note to the Paying Agent by the Holder thereof in the manner required by Section 801701. Debentures Notes in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article Seven Six hereof on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following two paragraphs.

Appears in 3 contracts

Samples: Indenture (Dte Energy Co), Supplemental Indenture (Dte Energy Co), Indenture (Dte Energy Co)

Effect of Purchase Notice. Upon receipt by the Paying Agent of the Purchase Notice specified in Section 80112.02(a), the Holder of the Debenture Security in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Purchase Price with respect to such DebentureSecurity. Such Purchase Price shall be paid to such Holder, subject to receipt of funds and/or Common Stock by the Paying Agent, promptly following the later of (x) the Purchase Date with respect to such Debenture Security (provided the conditions in Section 801 12.02 have been satisfied) and (y) the time of delivery or book-entry transfer of such Debenture Security to the Paying Agent by the Holder thereof in the manner required by Section 80112.02. Debentures Securities in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article Seven 11 hereof on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following two paragraphs.

Appears in 2 contracts

Samples: Indenture (American Express Co), Indenture (American Express Co)

Effect of Purchase Notice. Upon receipt by the Paying Agent of the Purchase Notice specified in Section 80112.02(a), the Holder of the Debenture Security in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Purchase Price with respect to such DebentureSecurity. Such Purchase Price shall be paid to such Holder, subject to receipt of funds and/or Common Stock by the Paying Agent, promptly following the later of (x) the Purchase Date with respect to such Debenture Security (provided the conditions in Section 801 12.02 have been satisfied) and (y) the time of delivery of such Debenture Security to the Paying Agent by the Holder thereof in the manner required by Section 80112.02. Debentures Securities in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article Seven 11 hereof on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following two paragraphs.

Appears in 2 contracts

Samples: Wells Fargo & Co/Mn, Lockheed Martin Corp

Effect of Purchase Notice. Upon receipt by the Paying Agent of the Purchase Notice specified in Section 8013.7, the Holder of the Debenture Security in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following two paragraphsvalidly withdrawn) thereafter be entitled to receive solely the Purchase Price with respect to such DebentureSecurity. Such Purchase Price shall be paid to such Holder, subject to receipt of funds and/or Common Stock securities by the Paying Agent, promptly following the later of (x) the Purchase Date with respect to such Debenture Security (provided the Holder has satisfied the conditions in Section 801 have been satisfied3.7) and (y) the time of delivery of such Debenture Security to the Paying Agent by the Holder thereof in the manner required by Section 8013.7. Debentures Securities in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article Seven Ten hereof on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following two paragraphswithdrawn.

Appears in 1 contract

Samples: American International Group Inc

Effect of Purchase Notice. Upon receipt by the Paying Agent of the Purchase Notice specified in Section 8016.02(a), the Holder of the Debenture in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Purchase Price with respect to such Debenture. Such Purchase Price shall be paid to such Holder, subject to receipt of funds and/or Common Stock by the Paying Agent, promptly following the later of (x) the Purchase Date with respect to such Debenture (provided the conditions in Section 801 6.02 have been satisfied) and (y) the time of delivery delivery, or book-entry transfer, of such Debenture to the Paying Agent by the Holder thereof in the manner required by Section 8016.02. Debentures in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article Seven 5 hereof on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following two paragraphs.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Wyeth)

Effect of Purchase Notice. Upon receipt by the Paying Agent of the Purchase Notice specified in Section 80113.02(a), the Holder of the Debenture Security in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Purchase Price with respect to such DebentureSecurity. Such Purchase Price shall be paid to such Holder, subject to receipt of funds and/or Common Stock by the Paying Agent, promptly following the later of (x) the Purchase Date with respect to such Debenture Security (provided the conditions in Section 801 13.02 have been satisfied) and (y) the time of delivery of such Debenture Security to the Paying Agent by the Holder thereof in the manner required by Section 80113.02. Debentures Securities in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article Seven 12 hereof on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following two paragraphs.

Appears in 1 contract

Samples: Getty Images Inc

Effect of Purchase Notice. Upon receipt by the Paying Agent of the Purchase Notice specified in Section 801605, the Holder of the Debenture Note in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Purchase Price with respect to such DebentureNote. Such Purchase Price shall be paid to such Holder, subject to receipt of funds and/or Common Stock by the Paying Agent, promptly following the later of (x) the Purchase Date with respect to such Debenture Note (provided the conditions in Section 801 601 have been satisfied) and (y) the time of delivery of such Debenture Note to the Paying Agent by the Holder thereof in the manner required by Section 801601. Debentures Notes in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article Seven Four hereof on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following two paragraphs.

Appears in 1 contract

Samples: Jabil Circuit Inc

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Effect of Purchase Notice. Upon receipt by the Paying Agent of the Purchase Notice specified in Section 8016.02(a), the Holder of the Debenture Note in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Purchase Price with respect to such DebentureNote. Such Purchase Price shall be paid to such Holder, subject to receipt of funds and/or Common Stock by the Paying Agent, promptly following the later of (x) the Purchase Date with respect to such Debenture Note (provided the conditions in Section 801 6.02 have been satisfied) and (y) the time of delivery delivery, or book-entry transfer, of such Debenture Note to the Paying Agent by the Holder thereof in the manner required by Section 8016.02. Debentures Notes in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article Seven 5 hereof on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following two paragraphs.

Appears in 1 contract

Samples: First Supplemental Indenture (Edo Corp)

Effect of Purchase Notice. (a) Upon receipt by the Paying Agent Company of the Purchase Notice specified in Section 801401(a)(1) hereof, the Holder of the Debenture in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following two paragraphsparagraph) thereafter be entitled to receive solely the Purchase Price with respect to such Debenture. Such Purchase Price shall be paid to such Holder, subject to receipt of funds and/or Common Stock by the Paying Agent, Holder promptly following the later of (xi) the Purchase Date with respect to such Debenture (provided the conditions in Section 801 401(a)(2) hereof have been satisfied) and (yii) the time date of delivery surrender of such Debenture to the Company through the Paying Agent by the Holder thereof in the manner required by Section 801401(a)(2) hereof. Debentures in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article Seven hereof exchanged for Exchange Securities or other Exchange Property on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following two paragraphsparagraph.

Appears in 1 contract

Samples: Eastman Kodak Co

Effect of Purchase Notice. Upon receipt by the Paying Agent of the Purchase Notice specified in Section 80112.02(a), the Holder of the Debenture Security in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Purchase Price with respect to such DebentureSecurity. Such Purchase Price shall be paid to such Holder, subject to receipt of funds Cash and/or Common Stock by the Paying Agent, promptly following the later of (x) the Purchase Date with respect to such Debenture Security (provided the conditions in Section 801 12.02 have been satisfied) and (y) the time of delivery of such Debenture Security to the Paying Agent by the Holder thereof in the manner required by Section 80112.02. Debentures Securities in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article Seven 11 hereof on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following two paragraphs.

Appears in 1 contract

Samples: Indenture (DST Systems Inc)

Effect of Purchase Notice. Upon receipt by the Paying Agent of the Purchase Notice specified in Section 8013.08(a)(iii), the Holder of the Debenture Security in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following two paragraphsparagraph) thereafter be entitled to receive solely the Purchase Price with respect to such DebentureSecurity. Such Purchase Price shall be paid to such Holder, subject to receipt of funds and/or Common Stock Cash by the Paying Agent, promptly following on the later of (x1) the Purchase Date with respect to such Debenture Security (provided the conditions in Section 801 3.08(a)(iii) have been satisfied) and (y2) the time of book-entry transfer or delivery of such Debenture Security to the Paying Agent by the Holder thereof in the manner required by Section 8013.08(a)(iii). Debentures Securities in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article Seven hereof 4 on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following two paragraphsparagraph.

Appears in 1 contract

Samples: Indenture (Meritor Inc)

Effect of Purchase Notice. Upon receipt by the Paying Agent of the Purchase Notice specified in Section 80112.5, the Holder of the Debenture Security in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following two paragraphs) thereafter be entitled to receive solely the Purchase Price with respect to such DebentureSecurity. Such Purchase Price shall be paid to such Holder, subject to receipt of funds and/or Common Stock by the Paying Agent, promptly following the later of (x) the Purchase Date with respect to such Debenture Security (provided the conditions in Section 801 12.1 have been satisfied) and (y) the time of delivery of such Debenture Security to the Paying Agent by the Holder thereof in the manner required by Section 80112.1. Debentures Securities in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article Seven XI hereof on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following two paragraphs.

Appears in 1 contract

Samples: Affiliated Managers Group Inc

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