Common use of Exchange of Multiple Notes by a Single Holder Clause in Contracts

Exchange of Multiple Notes by a Single Holder. If a Holder Exchanges more than one (1) Note on a single Exchange Date, then the Exchange Consideration due in respect of such Exchange will (in the case of any Global Note, to the extent permitted by, and practicable under, the Depositary Procedures) be computed based on the total principal amount of Notes Exchanged on such Exchange Date by such Holder.

Appears in 4 contracts

Samples: Indenture (Rexford Industrial Realty, Inc.), Indenture (Rexford Industrial Realty, Inc.), First Supplemental Indenture (Centennial Resource Development, Inc.)

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Exchange of Multiple Notes by a Single Holder. If a Holder Exchanges exchanges more than one (1) Note on a single Exchange Date, then the Exchange Consideration due in respect of such Exchange exchange will (in the case of any Global Note, to the extent permitted by, and practicable under, the Depositary Procedures) be computed by the Company based on the total principal amount of Notes Exchanged exchanged on such Exchange Date by such Holder. Neither the Trustee nor the Exchange Agent will have any duty to make any such computation.

Appears in 2 contracts

Samples: Indenture (Sabre Corp), Indenture (Sabre Corp)

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Exchange of Multiple Notes by a Single Holder. If a Holder Exchanges more than one (1) Note on a single Exchange Date, then the Exchange Consideration due in respect of such Exchange will (in the case of any Global Note, to the extent permitted by, and practicable under, the Depositary Procedures) be computed based on the total principal amount of Notes Exchanged on such Exchange Date by such Holder.. Table of Contents

Appears in 1 contract

Samples: Indenture (Spotify Technology S.A.)

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