Common use of Forced Sale Clause in Contracts

Forced Sale. Any purported transfer of any Notes or any beneficial interests therein that is in breach, at the time made, of any transfer restrictions set forth in the Indenture will be void ab initio. If at the time the Company determines in good faith that a holder or beneficial owner of any Notes or beneficial interests therein is in breach, at the time given, of any of the representations or agreements set forth herein, the Company shall consider the acquisition of such Notes or such beneficial interests void, of no force and effect and will not, at the discretion of the Company, operate to transfer any rights to the transferee notwithstanding any instructions to the contrary to the Company, its Note Registrar, or any other intermediary. In addition, the Company or the Note Registrar may require such acquirer or beneficial owner to sell such Notes or such beneficial interests to an Eligible Purchaser.