Existing Notes definition
Examples of Existing Notes in a sentence
Each of the Company and the Selling Investor acknowledges that the delivery of the Existing Notes may be delayed due to procedures and mechanics within the system of Existing Notes Trustee or the DTC or other events beyond the Company’s control and that such a delay will not be a default with respect to a party under this Agreement so long as such party is using its reasonable best efforts to effect such delivery.
If (A) the Existing Notes Trustee is unable to locate a DWAC Withdrawal or (B) any DWAC Withdrawal does not conform to the Existing Notes to be repurchased in the Repurchase, then the Company will promptly notify the Investor or the applicable Selling Investor.
Subject to the other terms of this Repurchase Agreement, each of the Investor and each other Selling Investor, if any, agrees to sell (the “Repurchase”), to the Company, the aggregate principal amount of Existing Notes, CUSIP No. ▇▇▇▇▇▇▇▇▇ and ISIN: US92766KAA43, set forth on Exhibit B hereto that it beneficially owns for the Purchase Price.
You must direct the eligible DTC participant through which you hold a beneficial interest in the Existing Notes to post on December 18, 2025, no later than 9:30 a.m., New York City time, withdrawal instructions through DTC via DWAC for the aggregate principal amount of Existing Notes (CUSIP No. ▇▇▇▇▇▇▇▇▇) set forth in Exhibit B of the Repurchase Agreement to be repurchased.
If the Closing does not occur, then any Existing Notes submitted for DWAC Withdrawal will be returned to the DTC participant that submitted the DWAC Withdrawal instruction in accordance with the procedures of DTC.