Mandatory Redemption; Offers to Purchase; Open Market Purchases. The Issuer is not required to make any mandatory redemption or sinking fund payments with respect to the Notes. However, under certain circumstances, the Issuer may be required to offer to purchase Notes as described under the captions “—Change of Control” and “—Certain Covenants—Limitation on Asset Sales.” The Issuer may, at any time and from time to time, purchase Notes in the open market or otherwise.
Mandatory Redemption; Offers to Purchase; Open Market Purchases. The Company is not required to make any mandatory redemption or sinking fund payments with respect to the Notes. Notwithstanding any provision hereunder or in the Indenture to the contrary, the Company and its Affiliates may purchase Notes from investors who are willing to sell from time to time, either in the open market at prevailing prices or in private transactions at negotiated prices. Notes that the Company or any of its Affiliates purchase may, at the Company’s discretion, be held, resold or canceled.
Mandatory Redemption; Offers to Purchase; Open Market Purchases. The Company is not required to make any mandatory redemption or sinking fund payments with respect to the Notes. However, under certain circumstances, the Company may be required to offer to purchase the Notes pursuant to Section 4.10, Section 4.24 and Section 4.25. The Company may at any time and from time to time purchase Notes in the open market or otherwise.
Mandatory Redemption; Offers to Purchase; Open Market Purchases. Except as set forth in Sections 5.10 and 5.14 hereof, the Company shall not be required to make mandatory redemption or sinking fund payments or offers to purchase with respect to the Notes. The Company may at any time and from time to time purchase Notes in the open market or otherwise.
Mandatory Redemption; Offers to Purchase; Open Market Purchases. Except as set forth in Sections 5.10, 5.14 and 5.15 of the Indenture, the Company is not required to make mandatory redemption or sinking fund payments or offers to purchase with respect to the Notes.
Mandatory Redemption; Offers to Purchase; Open Market Purchases. The Issuers shall not be required to make any mandatory redemption or sinking fund payment with respect to the Notes. However, under certain circumstances, the Issuers may be required to offer to purchase Notes as described under Section 4.07 or Section 4.10. As market conditions warrant, we and our equity holders, including the Investors, their respective Affiliates and members of our management, may from time to time seek to purchase our outstanding debt securities or loans, including the Notes, in privately negotiated or open market transactions, by tender offer or otherwise. Subject to any applicable limitations contained in the agreements governing our indebtedness, #94579868v11 including the Senior Facilities, and this Indenture, any purchases made by us may be funded by the use of cash on our balance sheet or the incurrence of new secured or unsecured debt, including borrowings under our credit facilities. The amounts involved in any such purchase transactions, individually or in the aggregate, may be material. Any such purchases may be with respect to a substantial amount of a particular class or series of debt, with the attendant reduction in the trading liquidity of such class or series.
Mandatory Redemption; Offers to Purchase; Open Market Purchases. 6 Section 2.08. Appointment of Agents 6 Section 2.09. Global Securities 6 Section 2.10. Change of Control 6 Section 2.11. Defeasance 9 Article 3
Mandatory Redemption; Offers to Purchase; Open Market Purchases. The Company shall not be required to make any mandatory redemption or sinking fund payments with respect to the Senior Notes. In addition, other than as required in the case of a Change of Control Triggering Event, the Company shall not be required to offer to repurchase or redeem or otherwise modify the terms of any of the Senior Notes upon a change in control of, or other events involving, Trane Parent or any of its subsidiaries which may adversely affect the creditworthiness of the Senior Notes. The Company and its affiliates may, at any time and from time to time, acquire the Senior Notes by means other than a redemption, whether pursuant to a tender offer, purchases in the open market, in privately negotiated transactions or otherwise.
Mandatory Redemption; Offers to Purchase; Open Market Purchases
