Common use of Recreation of Corporate Units Clause in Contracts

Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of the Corporate Units, at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury Units shall have the right to recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 Treasury Units by:

Appears in 9 contracts

Samples: Pledge Agreement (Pmi Group Inc), Pledge Agreement (PNM Resources Inc), Pledge Agreement (Supervalu Inc)

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Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of the Corporate Units, and subject to the conditions set forth in this Agreement, a Holder of Treasury Units may recreate Corporate Units at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder ; provided that Holders of Treasury Units shall have the right to may only recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 Treasury Units byUnits. To recreate Corporate Units, the Holder must:

Appears in 6 contracts

Samples: Purchase Contract Agreement (PNM Resources Inc), Purchase Contract Agreement (Supervalu Inc), Purchase Contract Agreement (Pmi Group Inc)

Recreation of Corporate Units. (a) Unless So long as the Treasury Portfolio has not replaced the Senior Notes as a component of represented by the Corporate Units, at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury Units shall have the right to recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 Treasury Units by:

Appears in 2 contracts

Samples: Pledge Agreement (Chubb Corp), Pledge Agreement (Chubb Corp)

Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of represented by the Corporate Units, and subject to the conditions set forth in this Agreement, a Holder of Treasury Units may recreate Corporate Units at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder ; provided that Holders of Treasury Units shall have the right to may only recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 Treasury Units byUnits. To recreate Corporate Units, the Holder must:

Appears in 2 contracts

Samples: Purchase Contract Agreement (Chubb Corp), Purchase Contract Agreement (Chubb Corp)

Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of the Corporate Units, and subject to the conditions set forth in this Agreement, a Holder of Treasury Units may recreate Corporate Units at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder ; provided that Holders of Treasury Units shall have the right to may only recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 Treasury Units by:20

Appears in 2 contracts

Samples: Purchase Contract Agreement (Hartford Financial Services Group Inc/De), Purchase Contract Agreement (Baxter International Inc)

Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of the Corporate Units, and subject to the conditions set forth in this Agreement, a Holder of Treasury Units may recreate Corporate Units at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder ; provided that Holders of Treasury Units shall have the right to may only recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 Treasury Units byUnits. To recreate Corporate Units, the Holder must:

Appears in 2 contracts

Samples: Purchase Contract Agreement (Phoenix Companies Inc/De), Purchase Contract Agreement (Phoenix Companies Inc/De)

Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of the Corporate Units, at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury Units shall have the right to recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 ___ Treasury Units by:

Appears in 1 contract

Samples: Pledge Agreement (Oneok Inc /New/)

Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of the Corporate Units, and subject to the conditions set forth in this Agreement, a Holder of Treasury Units may recreate Corporate Units at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder ; provided that Holders of Treasury Units shall have the right to may only recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 [40] Treasury Units byUnits. To recreate Corporate Units, the Holder must:

Appears in 1 contract

Samples: Purchase Contract Agreement (Pmi Group Inc)

Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of the Corporate Units, at any time on or prior to 5:00 p.m. (New York City time) on the fifth seventh Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury Units shall have the right to recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 Treasury Units by:

Appears in 1 contract

Samples: Pledge Agreement (PNM Resources Inc)

Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of the Corporate Units, and subject to the conditions set forth in this Agreement, a Holder of Treasury Units may recreate Corporate Units at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder ; provided that Holders of Treasury Units shall have the right to may only recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 __ Treasury Units byUnits. To recreate Corporate Units, the Holder must:

Appears in 1 contract

Samples: Purchase Contract Agreement (Oneok Inc /New/)

Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of the Corporate Units, and subject to the conditions set forth in this Agreement, a Holder of Treasury Units may recreate Corporate Units at any time on or prior to 5:00 p.m. (New York City time) on the fifth seventh Business Day immediately preceding the Purchase Contract Settlement Date, a Holder ; provided that Holders of Treasury Units shall have the right to may only recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 Treasury Units byUnits. To recreate Corporate Units, the Holder must:

Appears in 1 contract

Samples: Purchase Contract Agreement (PNM Resources Inc)

Recreation of Corporate Units. (a) Unless So long as the Treasury Portfolio has not replaced the Senior Notes as a component of the Corporate Units, at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury Units shall have the right to recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 Treasury Units by:

Appears in 1 contract

Samples: Pledge Agreement (Phoenix Companies Inc/De)

Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Subordinated Notes as a component of the Corporate Units, at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury Units shall have the right to recreate Corporate Units by substitution of Senior Subordinated Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 ___ Treasury Units by:

Appears in 1 contract

Samples: Pledge Agreement (Oneok Inc /New/)

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Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of represented by the Corporate Units, and subject to the conditions set forth in this Agreement, a Holder of Treasury Units may recreate Corporate Units at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Warrant Settlement Date, a Holder ; provided that Holders of Treasury Units shall have the right to may only recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 Treasury Units byUnits. To recreate Corporate Units, the Holder must:

Appears in 1 contract

Samples: Warrant Agreement (Chubb Corp)

Recreation of Corporate Units. (a) Unless So long as the Treasury Portfolio has not replaced the Senior Notes as a component of the Corporate Units, at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury Units shall have the right to recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 20 Treasury Units by:

Appears in 1 contract

Samples: Pledge Agreement (Hartford Financial Services Group Inc/De)

Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of the Corporate Units, at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury Units shall have the right to recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 20 Treasury Units by:

Appears in 1 contract

Samples: Pledge Agreement (Baxter International Inc)

Recreation of Corporate Units. (a) Unless So long as the Treasury Portfolio has not replaced the Senior Notes as a component of the Corporate Units, at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury Units shall have the right to recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 _____Treasury Units by:

Appears in 1 contract

Samples: Pledge Agreement (Scottish Annuity & Life Holdings LTD)

Recreation of Corporate Units. (a) Unless So long as the Treasury Portfolio has not replaced the Senior Notes as a component of represented by the Corporate Units, at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Warrant Settlement Date, a Holder of Treasury Units shall have the right to recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 Treasury Units by:

Appears in 1 contract

Samples: Pledge Agreement (Chubb Corp)

Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of the Corporate Units, at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury Units shall have the right to recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 [ ] Treasury Units by:

Appears in 1 contract

Samples: Pledge Agreement (Pmi Group Inc)

Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of the Corporate Units, at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury Units shall have the right to recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 Treasury Units by:

Appears in 1 contract

Samples: Pledge Agreement (Oneok Inc /New/)

Recreation of Corporate Units. (a) Unless the Treasury Portfolio has replaced the Senior Notes as a component of the Corporate Units, and subject to the conditions set forth in this Agreement, a Holder of Treasury Units may recreate Corporate Units at any time on or prior to 5:00 p.m. (New York City time) on the fifth Business Day immediately preceding the Purchase Contract Settlement Date, a Holder ; provided that Holders of Treasury Units shall have the right to may only recreate Corporate Units by substitution of Senior Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 [ ] Treasury Units byUnits. To recreate Corporate Units, the Holder must:

Appears in 1 contract

Samples: Purchase Contract Agreement (Pmi Group Inc)

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