DIMAC definition
Examples of DIMAC in a sentence
DIMAC Holdings may deem and treat the registered holder(s) from time to time of the Warrant Certificates (the "Holders") as the absolute owner(s) thereof (notwithstanding any notation of ownership or other writing thereon made by anyone) for all purposes and shall not be affected by any notice to the contrary.
If a successor Trustee does not take office within 60 days after the retiring Trustee resigns or is removed, the retiring Trustee, DIMAC Holdings or the Holders of at least 10% in principal amount of the then outstanding Notes may petition any court of competent jurisdiction for the appointment of a successor Trustee.
DIMAC Holdings need not reimburse any expense or indemnify against any loss or liability incurred by the Trustee through its own negligence or bad faith.
Warrant Certificates shall be signed on behalf of DIMAC Holdings by its Chairman of the Board, Chief Executive Officer, President or a Vice President.
B-1 This Indenture, dated as of October 22, 1998, is entered into by and between DIMAC Holdings, Inc., a Delaware corporation ("DIMAC Holdings"), and Wilmington Trust Company, a Delaware banking corporation, as trustee (the "TRUSTEE").
DIMAC Holdings shall pay to the Trustee from time to time such compensation as shall be agreed to in writing by DIMAC Holdings and the Trustee for its acceptance of this Indenture and services hereunder.
Warrant Certificates shall be dated the date of issuance by DIMAC Holdings.
NOTHING HEREIN SHALL AFFECT THE RIGHT OF ANY HOLDER OF A WARRANT TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR TO COMMENCE LEGAL PROCEEDINGS OR OTHERWISE PROCEED AGAINST DIMAC HOLDINGS IN ANY OTHER JURISDICTION.
If an Event of Default occurs and is continuing, the Trustee or the Holders of at least 25% in principal amount of the then outstanding Notes may declare by written notice to DIMAC Holdings and the Trustee all the Notes to be due and payable immediately, except that in the case of an Event of Default arising from certain events of bankruptcy or insolvency, all outstanding Notes become due and payable immediately without further action or notice.
If DIMAC Holdings or a Subsidiary of DIMAC Holdings acts as Paying Agent (subject to Section 2.3), it shall segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent.