Common use of Purchase of Securities In Open Market Clause in Contracts

Purchase of Securities In Open Market. The Company may repurchase Securities in the open market, by tender at any price or by negotiated transactions. The Company shall surrender any Security purchased by the Company to the Trustee for cancellation. Any securities surrendered to the Trustee for cancellation may not be reissued or resold by the Company and will be canceled promptly in accordance with Section 2.11.

Appears in 4 contracts

Samples: Registration Rights Agreement (Ion Media Networks Inc.), Registration Rights Agreement (Cig Media LLC), Registration Rights Agreement (Cig Media LLC)

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Purchase of Securities In Open Market. The Company may from time to time repurchase Securities pursuant to a tender offer or in the open market, by tender market purchases or negotiated transactions at any price without prior notice to Holders. Any Securities so repurchased may be reissued in accordance with applicable law or by negotiated transactions. The Company shall surrender any Security purchased by the Company surrendered to the Trustee for cancellation. Any securities Securities surrendered to the Trustee for cancellation pursuant to Section 2.12 may not be reissued or resold by the Company and will be canceled promptly in accordance with Section 2.11therewith.

Appears in 3 contracts

Samples: Indenture (Jakks Pacific Inc), Indenture (Jakks Pacific Inc), Indenture (Regis Corp)

Purchase of Securities In Open Market. The Company and its Subsidiaries may from time to time repurchase Securities pursuant to a tender offer or in the open market, by tender market purchases or negotiated transactions at any price or by negotiated transactionswithout prior notice to Holders. The Company Any Securities so repurchased shall surrender any Security purchased be surrendered by the Company to the Trustee for cancellation. Any securities Securities surrendered to the Trustee for cancellation may not be reissued or resold by the Company or any such Subsidiary, may not be converted into Common Stock and will shall be canceled promptly in accordance with Section 2.112.12.

Appears in 1 contract

Samples: Indenture (BGC Partners, Inc.)

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Purchase of Securities In Open Market. The Company may from time to time repurchase Securities in the open market, by tender at any price market purchases or by negotiated transactions. The Company shall surrender any Security purchased by the Company transactions without prior notice to the Trustee for cancellationHolders. Any securities Securities surrendered to the Trustee for cancellation pursuant to Section 2.12 may not be reissued or resold by the Company and will be canceled promptly in accordance with Section 2.11therewith.

Appears in 1 contract

Samples: Indenture (Regis Corp)

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