Common use of Redemption and Cancellation Clause in Contracts

Redemption and Cancellation. 4.10.1. The Issuer shall redeem and cancel the Debenture if the Conditions Precedent set forth in item 4.5.1 above are not fulfilled by October 1, 2014, in which case the Debentureholder shall be automatically released from the obligation to pay the Debenture.

Appears in 4 contracts

Samples: Debenture Subscription Agreement (Portugal Telecom SGPS Sa), Debenture Subscription Agreement (Portugal Telecom SGPS Sa), Portugal Telecom SGPS Sa

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Redemption and Cancellation. 4.10.1. The Issuer shall redeem and cancel the Debenture Debentures if the Conditions Precedent set forth in item 4.5.1 above are not fulfilled by October 1, 2014, in which case the Debentureholder Debentureholders shall be automatically released from the obligation to pay the DebentureDebentures.

Appears in 2 contracts

Samples: Debenture Subscription Agreement (Portugal Telecom SGPS Sa), Debenture Subscription Agreement (Portugal Telecom SGPS Sa)

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Redemption and Cancellation. 4.10.1. The Issuer shall redeem and cancel the Debenture Debentures if the Conditions Precedent set forth in item 4.5.1 above are not fulfilled by October 1, 2014, in which case the Debentureholder shall be automatically released from the obligation to pay the DebentureDebentures.

Appears in 1 contract

Samples: Debenture Subscription Agreement (Portugal Telecom SGPS Sa)

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