New Floating Rate Notes definition
Examples of New Floating Rate Notes in a sentence
Benefits received by the Purchasers shall be deemed to be equal to the total purchase discounts and commissions as set forth in the Final Memorandum and in the Purchase Agreement, and benefits received by any other Holders shall be deemed to be equal to the value of receiving Original Floating Rate Notes or New Floating Rate Notes, as applicable, registered under the Securities Act.
This Agreement shall inure to the benefit of and be binding upon the successors and assigns of each of the parties, including, without the need for an express assignment or any consent by the Issuer and Parent or subsequent Holders of Original Floating Rate Notes and/or New Floating Rate Notes.
The Issuer and Parent hereby agree to extend the benefits of this Agreement to any Holder of Original Floating Rate Notes and/or New Floating Rate Notes and any such Holder may specifically enforce the provisions of this Agreement as if an original party hereto.
The Issuer and Parent shall seek to cause the CUSIP Service Bureau to issue the same CUSIP number for such New Floating Rate Notes as for New Floating Rate Notes issued pursuant to the Registered Exchange Offer.
New Floating Rate Notes received by broker-dealers for their own account pursuant to the Exchange Offer may be sold from time to time in one or more transactions in the over-the-counter market, in negotiated transactions, through the writing of options on the New Floating Rate Notes or a combination of such methods of resale, at market prices prevailing at the time of resale, at prices related to such prevailing market prices or negotiated prices.
See “Plan of Distribution.” Each broker-dealer that receives New Floating Rate Notes for its own account in exchange for Original Floating Rate Notes, where such Original Floating Rate Notes were acquired by such broker-dealer as a result of market-making activities or other trading activities, must acknowledge that it will deliver a prospectus in connection with any resale of such New Floating Rate Notes.
See “Plan of Distribution.” Each broker-dealer that receives New Floating Rate Notes for its own account pursuant to the Registered Exchange Offer must acknowledge that it will deliver a prospectus in connection with any resale of such New Floating Rate Notes.
This Prospectus, as it may be amended or supplemented from time to time, may be used by a broker-dealer in connection with resales of New Floating Rate Notes received in exchange for Original Floating Rate Notes where such New Floating Rate Notes were acquired by such broker-dealer as a result of market-making activities or other trading activities.
If the undersigned is not a broker-dealer, the undersigned represents that it acquired the New Floating Rate Notes in the ordinary course of its business, it is not engaged in, and does not intend to engage in, a distribution of New Floating Rate Notes and it has no arrangements or understandings with any person to participate in a distribution of the New Floating Rate Notes.
Any such resale may be made directly to purchasers or to or through brokers or dealers who may receive compensation in the form of commissions or concessions from any such broker-dealer and/or the purchasers of any such New Floating Rate Notes.