Examples of Asset Sale Offer Notice in a sentence
Each Asset Sale Offer Notice will state, among other things, the purchase date, which must be no earlier than 30 days nor later than 60 days from the date the notice is mailed, other than as may be required by law (the “ Asset Sale Offer Payment Date ”).
Not later than the date upon which the Asset Sale Offer Notice is delivered to the Trustee as provided in clause (c) of this Section 3.08, the Company shall deliver to the Trustee an Officers’ Certificate as to (1) the amount of the Asset Sale Offer (the “Asset Sale Offer Amount”), (2) the allocation of the Net Available Cash from the Asset Sales pursuant to which such Asset Sale Offer is being made and (3) the compliance of such allocation with the provisions of Section 4.10(a).
Each Asset Sale Offer Notice will be mailed first class, postage prepaid, to the record Holders as shown on the register of Holders within 30 days following such 360 th day (or, in the event an Acceptable Commitment has been entered into as set forth in Section 3.12(b) above, the later date of the 360 th day following the Asset Sale or the expiration of the 90-day period set forth in such Section 3.12(b) ), with a copy to the Trustee offering to purchase the Notes as described above.