Purchase of Debentures Sample Clauses

Purchase of Debentures. Provided that no Event of Default has occurred and is continuing, the Corporation may at any time and from time to time purchase all or any of the Debentures in the market (which shall include purchase from or through an investment dealer or a firm holding membership on a Recognized Stock Exchange) or by tender or by private contract, at any price, subject to compliance with Applicable Securities Laws and the provisions of this Indenture. Debentures so purchased by the Corporation shall be submitted to the Trustee for cancellation in accordance with Section 2.23. If an Event of Default has occurred and is continuing, the Corporation will not have the right to purchase any Debentures except as permitted by this Indenture. If, upon an invitation for tenders, more Debentures than the Corporation is prepared to accept are tendered at the same lowest price, the Debentures to be purchased by the Corporation will be selected by the Trustee on a pro rata basis and in consultation with the Corporation and in accordance with Applicable Securities Laws, from the Debentures tendered by each tendering Debentureholder who tendered at such lowest price. For this purpose the Trustee may make, and may from time to time amend, regulations with respect to the manner in which Debentures may be so selected, and regulations so made shall be valid and binding upon all Debentureholders, notwithstanding the fact that as a result thereof one or more such Debentures becomes subject to purchase in part only. The Holder of any Debenture of which a part only is purchased upon surrender of such Debenture for payment, shall be entitled to receive, without expense to such Holder, a replacement Debenture for and evidencing the same obligation as the unpurchased part so surrendered, and the Trustee shall certify and deliver such replacement Debenture upon receipt of the Debenture so surrendered.
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Purchase of Debentures. Contemporaneously with the execution and delivery of this Trust Agreement (i) the Administrative Trustee, on behalf of the Trust, shall purchase $__________ aggregate principal amount of Debentures from the Depositor, registered in the name of the Trust and (ii) in satisfaction of the purchase price for such Debentures, the Property Trustee, on behalf of the Trust, shall deliver to the Depositor the sum of $__________.
Purchase of Debentures. Contemporaneously with the execution and delivery of this Trust Agreement (i) the Administrative Trustee, on behalf of the Trust, shall purchase $185,567,025 aggregate principal amount of Debentures from the Depositor, registered in the name of the Trust and (ii) in satisfaction of the purchase price for such Debentures, the Property Trustee, on behalf of the Trust, shall deliver to the Depositor the sum of $185,567,025.
Purchase of Debentures. Upon the signing of this Agreement, the Company shall sell to the Buyer and the Buyer agrees to purchase from the Company Debentures in the aggregate principal amount equal to the Subscription Amount. The Buyer acknowledges that at Pre-Closing the Company shall immediately have the right to make full use of the Subscription Amount and that the delivery of the Debentures by the Company to Buyer shall occur at Closing.
Purchase of Debentures. Subject to the satisfaction (or waiver) ---------------------- of the conditions set forth in Sections 6 and 7 below, the Company shall issue and sell to the Buyers and the Buyers shall purchase from the Company an aggregate principal amount of not more than $1,500,000 Debentures, in the respective amounts set forth opposite each Buyer's name on the Schedule of Buyers (the "Closing").
Purchase of Debentures. 4.1 Put Right upon Closing of DenseLight Transaction Upon the closing of the DenseLight Transaction and subject to the provisions and conditions of this Section 4.1, holders of Debentures shall have a right to require the Company to purchase their Debentures. The terms and conditions of such right are set forth below:
Purchase of Debentures. (a) Provided that no Event of Default has occurred and is continuing, the Corporation may purchase all or any of the Debentures in the open market (which shall include purchase from or through an investment dealer or a firm holding membership on a Recognized Stock Exchange) or by tender or by private contract at any price, subject to compliance with Applicable Securities Laws. If an Event of Default has occurred and is continuing, the Corporation may purchase all or any of the Debentures as aforesaid with the exception of by private contract.
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Purchase of Debentures. The Company shall issue and sell to each Buyer and each Buyer severally agrees to purchase from the Company such principal amount of convertible subordinated debentures as is set forth immediately below such Buyer's name on the signature pages hereto (collectively, together with any debenture(s) issued in replacement thereof in accordance with the terms thereof, the "DEBENTURES") for an aggregate principal amount of Twenty-Five Million Dollars ($25,000,000).
Purchase of Debentures. Purchaser hereby agrees to purchase from the Company, and the Company hereby agrees to issue and sell to the Purchaser, the Debentures and the Warrants for an aggregate purchase price of $1,600,000 which shall be payable on the date hereof in next day funds.
Purchase of Debentures. On the Closing Date you will purchase the Debentures to be purchased by you for your own general account, for investment and not with a view to the distribution or resale of such Debentures, subject, however, to any requirement of law that the disposition of your property be at all times within your control.
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