Common use of Separation of Warrants and Notes Clause in Contracts

Separation of Warrants and Notes. The Notes and Warrants will not be separately transferable until the Separation Date. The "Separation Date" will be the earliest of (i) May 15, 1999, (ii) the commencement of an exchange offer or the effectiveness of a Shelf Registration Statement with respect to the Notes, (iii) the Exercisability Date (as defined in the Warrant Agreement) and (iv) such other date as the Representatives will determine in their sole discretion. The surrender of a Unit Certificate (as defined in the Unit Agreement) for separate Warrant and Note certificates is herein referred to as a "Separation" and the related Notes being referred to as "Separated." Upon Separation of the Warrants and the Notes, the Global Notes shall be transferred to and deposited with the Trustee, as custodian for, and registered in the name of DTC or its nominee, duly executed by the Company and countersigned by the Trustee as provided herein.

Appears in 2 contracts

Samples: Indenture (Versatel Telecom International N V), Indenture (Versatel Telecom International N V)

AutoNDA by SimpleDocs

Separation of Warrants and Notes. The Notes and Warrants will not be separately transferable until the Separation Date. The "Separation Date" will be the earliest of (i) May November 15, 19991998, (ii) the commencement of an exchange offer or the effectiveness of a Shelf Registration Statement with respect to the Notes, (iii) the Exercisability Date (as defined in the Warrant Agreement) and (iv) such other date as the Representatives Initial Purchaser will determine in their its sole discretion. The surrender of a Unit Certificate (as defined in the Unit Agreement) for separate Warrant and Note certificates is herein referred to as a "Separation" and the related Notes Warrants being referred to as "Separated." Upon Separation of the Warrants and the Notes, the Global Notes Warrants shall be transferred to and deposited with the TrusteeWarrant Agent, as custodian for, and registered in the name of DTC or its nominee, duly executed by the Company and countersigned by the Trustee Warrant Agent as provided herein.

Appears in 1 contract

Samples: Warrant Agreement (Versatel Telecom International N V)

AutoNDA by SimpleDocs

Separation of Warrants and Notes. The Notes and Warrants will not be separately transferable until the Separation Date. The "Separation Date" will be the earliest of (i) May 15, 1999, (ii) the commencement of an exchange offer or the effectiveness of a Shelf Registration Statement with respect to the Notes, (iii) the Exercisability Date (as defined in the Warrant Agreement) and (iv) such other date as the Representatives will determine in their sole discretion. The surrender of a Unit Certificate (as defined in the Unit Agreement) for separate Warrant and Note certificates is herein referred to as a "Separation" and the related Notes being referred to as "Separated." Upon Separation of the Warrants and the Notes, the Global Notes shall be transferred to and deposited with the Trustee, as custodian for, and registered in the name of DTC or its nominee, duly executed by the Company and countersigned by the Trustee as provided herein.. 40 41

Appears in 1 contract

Samples: Indenture (Versatel Telecom International N V)

Time is Money Join Law Insider Premium to draft better contracts faster.