Common use of Put Right Clause in Contracts

Put Right. (a) Subject to paragraph (b) hereof, if there has not been a Successful Remarketing prior to the Purchase Contract Settlement Date, Holders of Separate Senior Notes and Holders of Senior Notes that are a component of Corporate Units will, subject to this Section 8.05, have the right (the “Put Right”) to require the Company to purchase their Senior Notes, on the Purchase Contract Settlement Date, at a price per Senior Note equal to $1,000.00, plus accrued and unpaid interest to but excluding the Purchase Contract Settlement Date (the “Put Price”).

Appears in 5 contracts

Samples: Supplemental Indenture (Supervalu Inc), Supplemental Indenture (Albertsons Companies, Inc.), Supplemental Indenture (Albertsons Companies, Inc.)

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Put Right. (a) Subject to paragraph (b) hereof, if there has not been a Successful Remarketing on or prior to the Purchase Contract Settlement Final Remarketing Date, Holders of Separate Senior Notes and Holders holders of Senior Notes that are a component of Corporate Units will, subject to this Section 8.05, have the right (the “Put Right”) to require the Company to purchase their such Senior Notes, Notes on the Purchase Contract Settlement Date, at a price per Senior Note to be purchased equal to $1,000.00the principal amount of the applicable Senior Note, plus accrued and unpaid interest to to, but excluding excluding, the Purchase Contract Settlement Date (the “Put Price”).

Appears in 4 contracts

Samples: Supplemental Indenture (Genworth Financial Inc), Supplemental Indenture (Genworth Financial Inc), Supplemental Indenture (Genworth Financial Inc)

Put Right. (a) Subject to paragraph (b) hereof, if there has not been a Successful Remarketing on or prior to the Purchase Contract Settlement Final Remarketing Date, Holders of Separate Senior Notes and Holders holders of Senior Notes that are a component of Corporate Units will, subject to this Section 8.05, have the right (the "Put Right") to require the Company to purchase their such Senior Notes, Notes on the Purchase Contract Settlement Date, at a price per Senior Note to be purchased equal to $1,000.00the principal amount of the applicable Senior Note, plus accrued and unpaid interest to to, but excluding excluding, the Purchase Contract Settlement Date (the "Put Price").

Appears in 1 contract

Samples: Genworth Financial Inc

Put Right. (a) Subject to paragraph (b) hereof, if If there has not been a Successful Remarketing prior to the Purchase Contract Settlement Date, Holders of Separate Senior Notes and Holders of Senior Notes that are a component of Corporate Units will, subject to this Section 8.05, have the right (the “Put Right”) to require the Company to purchase their Senior Notes, on the Purchase Contract Settlement Date, at a price per Senior Note equal to $1,000.00, 50.00 plus accrued and unpaid interest to but excluding the Purchase Contract Settlement Date (the “Put Price”).

Appears in 1 contract

Samples: Supplemental Indenture (Baxter International Inc)

Put Right. (a) Subject to paragraph (b) hereof, if there has not been a Successful Remarketing prior to the Purchase Contract Settlement Date, Holders of Separate Senior Notes and Holders of Senior Notes that are a component of Corporate Units will, subject to this Section 8.05, have the right (the “Put Right”) to require the Company to purchase their Senior Notes, on the Purchase Contract Settlement Date, at a price per Senior Note equal to $1,000.00, 25.00 plus accrued and unpaid interest to but excluding the Purchase Contract Settlement Date (the “Put Price”).

Appears in 1 contract

Samples: Pmi Group Inc

Put Right. (a) Subject to paragraph (b) hereof, if If there has not been a Successful Remarketing prior to the Purchase Contract Settlement Date, Holders of Separate Senior Notes and Holders of Senior Notes that are a component of Corporate Units will, subject to this Section 8.05305, have the right (the "Put Right") to require the Company to purchase their Senior Notes, on the Purchase Contract Settlement Date, at a price per Senior Note equal to $1,000.00, 25.00 plus accrued and unpaid interest to but excluding the Purchase Contract Settlement Date (the "Put Price").

Appears in 1 contract

Samples: Supplemental Indenture (Oneok Inc /New/)

Put Right. (a) Subject to paragraph (b) hereof, if there has not been a Successful Remarketing prior to the Purchase Contract Settlement Date, Holders of Separate Senior Notes and Holders of Senior Notes that are a component of Corporate Units will, subject to this Section 8.05, have the right (the “Put Right”) to require the Company to purchase their Senior Notes, on the Purchase Contract Settlement Date, at a price per Senior Note equal to $1,000.00, 1000.00 plus accrued and unpaid interest to but excluding the Purchase Contract Settlement Date (the “Put Price”).

Appears in 1 contract

Samples: Supplemental Indenture (PNM Resources Inc)

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Put Right. (a) Subject to paragraph (b) hereof, if there has not been a Successful Remarketing prior to the Purchase Contract Settlement Date, Holders of Separate Senior Notes and Holders of Senior Notes that are a component of Corporate Units will, subject to this Section 8.05, have the right (the “Put Right”"PUT RIGHT") to require the Company to purchase their Senior Notes, on the Purchase Contract Settlement Date, at a price per Senior Note equal to $1,000.00, 25.00 plus accrued and unpaid interest to but excluding the Purchase Contract Settlement Date (the “Put Price”"PUT PRICE").

Appears in 1 contract

Samples: Supplemental Indenture (Albertsons Inc /De/)

Put Right. (a) Subject to paragraph (b) hereof, if there has not been a Successful Remarketing prior to the Purchase Contract Settlement Dateend of the Final Remarketing Period, Holders of Separate Senior Notes and Holders of Senior Notes that are a component of Corporate Units will, subject to this Section 8.05, have the right (the “Put Right”) to require the Company to purchase their such Senior Notes, Notes on the Purchase Contract Settlement Date, at a price per Senior Note to be purchased equal to $1,000.00the principal amount of the applicable Senior Note, plus accrued and unpaid interest to to, but excluding excluding, the Purchase Contract Settlement Date (the “Put Price”).

Appears in 1 contract

Samples: First Supplemental Indenture (Autoliv Inc)

Put Right. (a) Subject to paragraph (b) hereof, if If there has not been a Successful Remarketing prior to the Purchase Contract Settlement Date, Holders of Separate Senior Notes and Holders of Senior Notes that are a component of Corporate Units will, subject to this Section 8.05, have the right (the "Put Right") to require the Company to purchase their Senior Notes, on the Purchase Contract Settlement Date, at a price per Senior Note equal to $1,000.00, 50.00 plus accrued and unpaid interest to but excluding the Purchase Contract Settlement Date (the "Put Price").

Appears in 1 contract

Samples: Baxter International Inc

Put Right. (a) Subject to paragraph (b) hereof, if If there has not been a Successful Remarketing prior to the Purchase Contract Settlement Date, Holders of Separate Senior Notes and Holders of Senior Notes that are a component of Corporate Units will, subject to this Section 8.05, have the right (the “Put Right”) to require the Company to purchase their Senior Notes, on the Purchase Contract Settlement Date, at a price equal to $1,000 per Senior Note equal to or $1,000.00, 50 per Corporate Unit plus accrued and unpaid interest to on the Senior Notes from, and including, May 15, 2011 to, but excluding the Purchase Contract Settlement Date excluding, May 17, 2011 (the “Put Price”).

Appears in 1 contract

Samples: Ambac Financial Group Inc

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