Common use of Repurchase of Notes Clause in Contracts

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 3 contracts

Samples: Note Agreement (Professional Lease Management Income Fund I LLC), Note Agreement (PLM Equipment Growth Fund), Financial Federal Corp

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Repurchase of Notes. Neither the The Company nor shall not, and shall not permit any Restricted Subsidiary or any Affiliate, directly or indirectly, may repurchase to, purchase or make any offer to repurchase purchase any Notes Notes, unless the offer Company or such Restricted Subsidiary or Affiliate has been made offered to repurchase purchase Notes, pro rata, rata from all holders of the Notes at the same time and upon the same terms. In case the Company repurchases purchases any Notes, such Notes shall thereafter be cancelled canceled and no Notes shall be issued in substitution therefor.

Appears in 2 contracts

Samples: Shelf Agreement (National Consumer Cooperative Bank /Dc/), Note Purchase Agreement (National Consumer Cooperative Bank /Dc/)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 2 contracts

Samples: Note Agreement (Petroleum Heat & Power Co Inc), Petroleum Heat & Power Co Inc

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes Notes, or portion thereof, unless the offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefortherefor and the Company shall give prompt written notice of such repurchases to all remaining holders of the Notes.

Appears in 1 contract

Samples: Note Agreement (Standard Motor Products Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer has been made in writing to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company or any Subsidiary repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Note Agreement (Johnson Worldwide Associates Inc)

Repurchase of Notes. Neither Except as specifically provided herein or in the Restated Articles, neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase repurchase, or make any offer to repurchase repurchase, any Notes unless the offer has been made to repurchase such Notes, pro rata, from all holders of the Notes thereof at the same time and upon the same terms. In case the Company repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Note Agreement (Petroleum Heat & Power Co Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or AffiliateAffiliate of the Company will, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer such entity has been made offered to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case If the Company repurchases repurchases, or any other Affiliate purchases, any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor. For purposes of Section 7 hereof, the Company shall be deemed to be the owner of all purchased Notes pursuant to this Section 9.10.

Appears in 1 contract

Samples: Note Purchase Agreement (Friedmans Inc)

Repurchase of Notes. Neither the The Company will not, nor will it permit any Restricted Subsidiary or AffiliateAffiliate to, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer Company or such Affiliate has been made offered to repurchase Notes, pro rata, from all holders of the Notes at the same time outstanding and upon the same terms. In case the Company or any such Affiliate repurchases any NotesNotes pursuant to this Section 10.6, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: New England Electric System

Repurchase of Notes. Neither the Company Guarantor nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the an offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company Guarantor repurchases or otherwise acquires any Notes, such Notes shall immediately thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Guaranty Agreement (Energysouth Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor.. Petroleum Heat and Power Co., Inc. Note Agreement

Appears in 1 contract

Samples: Note Agreement (Petroleum Heat & Power Co Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company or any Restricted Subsidiary or Affiliate repurchases any Notes, such Notes shall thereafter be cancelled canceled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Note Purchase Agreement (Pentair Inc)

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Repurchase of Notes. Neither the Company nor any Restricted Consolidated Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes of either class (Senior Secured Notes or Subordinated Secured Notes) unless the offer has been made to repurchase NotesNotes of such class, pro rata, from all holders of the Notes of such class at the same time and upon the same terms. In case the Company repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Trust Indenture (Ramsay Health Care Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the an offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company repurchases or otherwise acquires any Notes, such Notes shall immediately thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Energysouth Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or AffiliateAffiliate of the Company will, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer such entity has been made offered to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case If the Company repurchases repurchases, or any other Affiliate purchases, any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor. For purposes of Section 7 hereof, the Company shall be deemed to be the owner of all purchased Notes pursuant to this Section 9.7.

Appears in 1 contract

Samples: Note Purchase Agreement (Friedmans Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or AffiliateAffiliate will, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer Company or such Affiliate has been made offered to repurchase Notes, pro rata, all Notes from all holders of the Notes at the same time and upon the same terms. In case If the Company repurchases any Notes, such Notes shall thereafter be cancelled canceled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Note Purchase Agreement (Pioneer Standard Electronics Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or AffiliateSubsidiary, directly or indirectlyindirectly through an Affiliate or otherwise, may repurchase or make any offer to repurchase any Notes unless the offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company company repurchases any Notes, Notes such Notes shall thereafter be cancelled canceled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Note Agreement (Nash Finch Co)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer has been made in writing to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company or any Subsidiary repurchases any Notes, such Notes shall thereafter be cancelled canceled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Note Agreement (Johnson Worldwide Associates Inc)

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