Common use of Recreation of Corporate Units Clause in Contracts

Recreation of Corporate Units. (a) Subject to the conditions set forth in this Agreement and unless otherwise provided in the applicable Issuer Order, 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; provided that Holders of Treasury Units may only recreate Corporate Units in integral multiples of 40 Treasury Units or such other amount as may be designated in the applicable Issuer Order. To recreate Corporate Units, the Holder must:

Appears in 1 contract

Samples: Purchase Contract Agreement (Aegon Nv)

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Recreation of Corporate Units. (a) Subject to the conditions set forth in this Agreement and unless otherwise provided in the applicable Issuer OrderAgreement, 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; provided that Holders of Treasury Units may only recreate Corporate Units in integral multiples of 40 Treasury Units or such other amount as may be designated in the applicable Issuer OrderUnits. To recreate Corporate Units, the Holder must:

Appears in 1 contract

Samples: Purchase Contract Agreement (Teekay Shipping Corp)

Recreation of Corporate Units. (a) Subject to the conditions set forth in this Agreement and unless otherwise provided in the applicable Issuer Order, 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; provided that Holders of Treasury Units may only recreate Corporate Units in integral multiples of 40 [40] Treasury Units or such other amount as may be designated in the applicable Issuer Order. To recreate Corporate Units, the Holder must:

Appears in 1 contract

Samples: Purchase Contract Agreement (TPG Nv)

Recreation of Corporate Units. (a) Subject Unless the Treasury Portfolio has replaced the Debt Securities as a component of the Corporate Units, and subject to the conditions set forth in this Agreement and unless otherwise provided in the applicable Issuer OrderAgreement, 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; provided that Holders of Treasury Units may only recreate Corporate Units in integral multiples of 40 __ Treasury Units or such other amount as may be designated in the applicable Issuer OrderUnits. To recreate Corporate Units, the Holder must:

Appears in 1 contract

Samples: Purchase Contract Agreement (PNM Resources Inc)

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Recreation of Corporate Units. (a) Subject to the conditions set forth in this Agreement and unless otherwise provided in the applicable Issuer Order, a Holder of Treasury Units may recreate Corporate Units at 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; provided that Holders , a Holder of Treasury Units may only shall have the right to recreate Corporate Units by substitution of Notes or security entitlements with respect thereto for Pledged Treasury Securities in integral multiples of 40 Treasury Units or such other amount as may be designated in the applicable Issuer Order. To recreate Corporate Units, the Holder mustby:

Appears in 1 contract

Samples: Pledge Agreement (Teekay Shipping Corp)

Recreation of Corporate Units. (a) Subject Unless the Treasury Portfolio has replaced the Notes as a component of the Corporate Units, and subject to the conditions set forth in this Agreement and unless otherwise provided in the applicable Issuer OrderAgreement, 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; provided that Holders of Treasury Units may only recreate Corporate Units in integral multiples of 40 ______ Treasury Units or such other amount as may be designated in the applicable Issuer OrderUnits. To recreate Corporate Units, the Holder must:

Appears in 1 contract

Samples: Purchase Contract Agreement (Scottish Annuity & Life Holdings LTD)

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