Common use of Hold Notice Clause in Contracts

Hold Notice. If the Reset Rate Notes are denominated in U.S. Dollars during both the then-current Reset Period and the immediately following Reset Period, the Reset Rate Noteholders will have the option to deliver a Hold Notice to any Remarketing Agent setting forth their desire to hold their Reset Rate Notes for the next Reset Period at a rate of interest not less than the All Hold Rate and on the terms set forth in the related Remarketing Terms Notice, at any time on or after the Remarketing Terms Determination Date until the Notice Date. Such Hold Notice may be delivered as an oral statement to a Remarketing Agent, if subsequently confirmed in writing within 24 hours, which confirmation may be in the form of an e-mail if timely received by the Remarketing Agent. If a Reset Rate Noteholder does not timely deliver a Hold Notice to a Remarketing Agent (such Hold Notice not to be considered delivered until actually received by such Remarketing Agent), that Reset Rate Noteholder will be deemed to have tendered for remarketing 100% of the Outstanding Amount of the Reset Rate Notes. Any duly delivered Hold Notice will be irrevocable, but will be subject to a mandatory tender of the Reset Rate Notes pursuant to any exercise of the Call Option. All of the Reset Rate Notes, whether tendered or not, will bear interest during any Reset Period on the same terms.

Hold Notice. If the For a class of Reset Rate Notes are that is denominated in U.S. Dollars during both the then-current Reset Period and the immediately following Reset Period, the related Reset Rate Noteholders will have the option to deliver a Hold Notice to any Remarketing Agent setting forth their desire to hold their Reset Rate Notes for the next Reset Period at a rate of interest not less than the All Hold Rate and on the terms set forth in the related Remarketing Terms Notice, at any time on or after the Remarketing Terms Determination Date until the Notice Date. Such Hold Notice may be delivered as an oral statement to a Remarketing Agent, if subsequently confirmed in writing within 24 hours, which confirmation may be in the form of an e-mail if timely received by the Remarketing Agent. If a Reset Rate Noteholder does not timely deliver a Hold Notice to a Remarketing Agent (such Hold Notice not to be considered delivered until actually received by such Remarketing Agent), that Reset Rate Noteholder will be deemed to have tendered for remarketing 100% of the Outstanding Amount of the its related class of Reset Rate Notes. Any duly delivered Hold Notice will be irrevocable, but will be subject to a mandatory tender of the applicable Reset Rate Notes pursuant to any exercise of the related Call Option. All of the Reset Rate NotesNotes of an applicable class, whether tendered or not, will bear interest during any related Reset Period on the same terms.

Hold Notice. If Unless the Class of the Reset Rate Notes are denominated in U.S. Dollars during both is to be reset to bear interest at an Auction Rate pursuant to Section 2.01(f) of this Appendix, at any time on or after the then-current Reset Period and Remarketing Terms Determination Date, but on or prior to the immediately following Reset PeriodNotice Date, the Registered Owners of the applicable Reset Rate Noteholders Notes will have the option to deliver a Hold Notice to any Remarketing Agent setting forth their desire to hold their Reset Rate Notes for the next Reset Period at a rate of interest not less than the All Hold Rate and on the terms set forth in the related Remarketing Terms Notice, at any time on or after the Remarketing Terms Determination Date until the Notice Date. Such Hold Notice may be delivered as an oral statement to a Remarketing Agent, if subsequently confirmed in writing within 24 hours, which confirmation may be in the form of an e-mail if timely received by the applicable Remarketing Agent. If a Reset Rate Noteholder Registered Owner does not timely deliver a Hold Notice to a Remarketing Agent (and such Hold Notice will not to be considered delivered until actually received by such Remarketing Agent), 100% of that Registered Owner's Reset Rate Noteholder Notes will be deemed to have been tendered for remarketing 100% of the Outstanding Amount of the Reset Rate Notesremarketing. Any duly delivered Hold Notice will be irrevocable, but will be subject to a mandatory tender of the applicable Reset Rate Notes pursuant to any exercise of the related Call Option. All of the Reset Rate NotesNotes of an applicable Class, whether tendered or notnot tendered, will bear interest during any Reset Period on the same terms.

Hold Notice. If For the Reset Rate Notes when they are denominated in U.S. Dollars during both the then-current Reset Period and the immediately following Reset Period, the Reset Rate Noteholders will have the option to deliver a Hold Notice to any Remarketing Agent setting forth their desire to hold their Reset Rate Notes for the next Reset Period at a rate of interest not less than the All Hold Rate and on the terms set forth in the related Remarketing Terms Notice, at any time on or after the Remarketing Terms Determination Date until the Notice Date. Such Hold Notice may be delivered as an oral statement to a Remarketing Agent, if subsequently confirmed in writing within 24 hours, which confirmation may be in the form of an e-mail if timely received by the Remarketing Agent. If a Reset Rate Noteholder does not timely deliver a Hold Notice to a Remarketing Agent (such Hold Notice not to be considered delivered until actually received by such Remarketing Agent), that Reset Rate Noteholder will be deemed to have tendered for remarketing 100% of the Outstanding Amount of the its Reset Rate Notes. Any duly delivered Hold Notice will be irrevocable, but will be subject to a mandatory tender of the Reset Rate Notes pursuant to any exercise of the Call Option. All of the Reset Rate Notes, whether tendered or not, will bear interest during any related Reset Period on the same terms.

Hold Notice. If the For a class of Reset Rate Notes are which is denominated in U.S. Dollars during both the then-current Reset Period and the immediately following Reset Period, the related Reset Rate Noteholders will have the option to deliver a Hold Notice to any Remarketing Agent setting forth their desire to hold their Reset Rate Notes for the next Reset Period at a rate of interest not less than the All Hold Rate and on the terms set forth in the related Remarketing Terms Notice, at any time on or after the Remarketing Terms Determination Date until the Notice Date. Such Hold Notice may be delivered as an oral statement to a Remarketing Agent, if subsequently confirmed in writing within 24 hours, which confirmation may be in the form of an e-mail if timely received by the applicable Remarketing Agent. If a Reset Rate Noteholder does not timely deliver a Hold Notice to a Remarketing Agent (such Hold Notice not to be considered delivered until actually received by such Remarketing Agent), that Reset Rate Noteholder will be deemed to have tendered for remarketing 100% of the Outstanding Amount of the its related class of Reset Rate Notes. Any duly delivered Hold Notice will be irrevocable, but will be subject to a mandatory tender of the applicable Reset Rate Notes pursuant to any exercise of the related Call Option. All of the Reset Rate NotesNotes of an applicable class, whether tendered or not, will bear interest during any Reset Period on the same terms.