Common use of Other Issuances Clause in Contracts

Other Issuances. If Dynegy issues any equity securities other than as described in Section 5.1 hereof, promptly, but in all events within 30 days following each such issuance, Dynegy shall notify Shareholder in writing of such issuance. Within 30 days after the receipt of such notification, Shareholder may notify Dynegy in writing of its intent to purchase its proportionate share of such Common Stock, in which event Dynegy shall issue such Common Stock to Shareholder in exchange for the purchase price.

Appears in 2 contracts

Samples: Preferred Stock Redemption Agreement, Preferred Stock Redemption Agreement (Dynegy Holdings Inc)

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Other Issuances. If Dynegy issues any equity securities other than as described in Section 5.1 hereof, promptly, but in all events within 30 days following each such issuance, EXECUTION VERSION Dynegy shall notify Shareholder in writing of such issuance. Within 30 days after the receipt of such notification, Shareholder may notify Dynegy in writing of its intent to purchase its proportionate share of such Common Stock, in which event Dynegy shall issue such Common Stock to Shareholder in exchange for the purchase price.

Appears in 2 contracts

Samples: Shareholder Agreement, Shareholder Agreement (Dynegy Holdings Inc)

Other Issuances. If New Dynegy issues any equity securities other than as described in Section 5.1 hereof5.01, promptly, but in all events within 30 days following each such issuance, New Dynegy shall notify Shareholder the Shareholders Representative in writing of such issuance. Within 30 days after the receipt of such notification, Shareholder the Shareholders Representative, on behalf of the Shareholders, may notify New Dynegy in writing of its the Shareholders’ intent to purchase its their proportionate share or less of such Common Stockequity securities, in which event New Dynegy shall issue such Common Stock equity securities to Shareholder the Shareholders in exchange for the purchase price.

Appears in 1 contract

Samples: Shareholder Agreement (Dynegy Inc /Il/)

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Other Issuances. If In the event that Dynegy issues any equity securities other than as described in Section 5.1 6.1 hereof, promptly, but in all events within 30 days following each such issuance, Dynegy shall notify Shareholder in writing of such issuance. Within 30 days after the receipt of such notification, Shareholder may notify Dynegy in writing of its intent to purchase its proportionate share of such Common Stock, in which event Dynegy shall issue such Common Stock to Shareholder in exchange for the purchase price.

Appears in 1 contract

Samples: Shareholder Agreement (Dynegy Inc /Il/)

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