Issuance, Exchange And Delivery. Upon the terms and subject to the terms and conditions of this Agreement, the Company agrees to issue to each Holder, and each Holder agrees, severally but not jointly, to accept from the Company at the Closing, the New Notes in exchange for the surrender of the Old Notes, in each case in the principal amounts set forth opposite such Holder’s name on Schedule 1.02 hereto.
Appears in 4 contracts
Samples: Exchange Agreement (Decrane Aircraft Holdings Inc), Exchange Agreement (Decrane Holdings Co), Exchange Agreement (Decrane Holdings Co)
