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

Purchase of Securities In Open Market. The Company, in accordance with Section 2.11, may surrender any Security purchased by the Company pursuant to this Article 3 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. The Company may repurchase Securities in the open market, by tender at any price or by negotiated transactions and such Securities may be reissued or resold, to the extent permitted by applicable law, or may be surrendered to the Trustee for cancellation.

Appears in 2 contracts

Samples: American Medical Systems Holdings Inc, American Medical Systems Holdings Inc

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Purchase of Securities In Open Market. The CompanyCompany (a) shall, in accordance with Section 2.112.11 hereof, may surrender any Security purchased by the Company pursuant to this Article 3 III 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 2.112.11 hereof. The Company may repurchase Securities in the open market, by tender at any price or by market and negotiated transactions and such Securities may be reissued or resold, to the extent permitted by applicable law, or may be surrendered to the Trustee for cancellationtransactions.

Appears in 1 contract

Samples: First Supplemental Indenture (Hutchinson Technology Inc)

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Purchase of Securities In Open Market. The Company, in accordance with Section 2.11, may Company shall surrender any Security purchased by the Company pursuant to this Article 3 III 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 cancelled promptly in accordance with Section 2.112.13. The Company may repurchase Securities in the open market, by tender at any price or by market and negotiated transactions and such Securities may be reissued or resold, to the extent permitted by applicable law, or may be surrendered to the Trustee for cancellationtransactions.

Appears in 1 contract

Samples: Indenture (ACE Aviation Holdings Inc.)

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