Common use of Temporary Units Clause in Contracts

Temporary Units. (a) Until certificates representing Units are ready for delivery, the Issuers may prepare and the Unit Agent, upon receipt of a Company Order, will authenticate temporary Units. Temporary Units will be substantially in the form of certificated Units but may have variations that the Issuers consider appropriate for temporary Units and as may be reasonably acceptable to the Unit Agent. Without unreasonable delay, the Issuers will prepare and the Unit Agent will authenticate definitive Units in exchange for temporary Units.

Appears in 3 contracts

Samples: 2024 Notes Unit Agreement (Dynegy Inc.), 2022 Notes Unit Agreement (Dynegy Inc.), 2019 Notes Unit Agreement (Dynegy Inc.)

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Temporary Units. (a) Until certificates representing Units are ready for delivery, Holdings and the Issuers Company may prepare and the Unit Agent, upon receipt of a Company Unit Authentication Order, will shall authenticate temporary Units. Temporary Units will shall be substantially in the form of certificated Units but may have variations that the Issuers consider Company considers appropriate for temporary Units and as may shall be reasonably acceptable to the Unit Agent. Without unreasonable delay, Holdings and the Issuers will Company shall prepare and and, upon receipt of a Unit Authentication Order, the Unit Agent will shall authenticate definitive Definitive Units in exchange for temporary Units. Holders of temporary Units shall be entitled to all of the benefits of this Unit Agreement.

Appears in 1 contract

Samples: Unit Agreement (Amsc Acquisition Co Inc)

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Temporary Units. (a) Until certificates representing Units are ready for delivery, the Issuers may prepare and the Unit Agent, upon receipt of a Company Unit Authentication Order, will shall authenticate temporary Units. Temporary Units will shall be substantially in the form of certificated Units but may have variations that the Issuers consider appropriate for temporary Units and as may shall be reasonably acceptable to the Unit Agent. Without unreasonable delay, the Issuers will shall prepare and and, upon receipt of a Unit Authentication Order, the Unit Agent will shall authenticate definitive Definitive Units in exchange for temporary Units. Holders of temporary Units shall be entitled to all of the benefits of this Unit Agreement.

Appears in 1 contract

Samples: Unit Agreement (Osullivan Industries Virginia Inc)

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