Optional Repurchase Right definition
Examples of Optional Repurchase Right in a sentence
Neither the failure to deliver an Optional Repurchase Date Notice nor any defect in an Optional Repurchase Date Notice will limit the Optional Repurchase Right of any Holder or otherwise affect the validity of any proceedings relating to any Optional Repurchase.
Simultaneously with delivering any Optional Repurchase Right Notice to the Holders, the Trustee, the Conversion Agent and the Paying Agent, the Company will publish a notice containing the same information as the Optional Repurchase Right Notice in a newspaper of general circulation in the City of New York and on its website or through such other public medium as the Company may use at such time.
Notwithstanding anything provided elsewhere in this Indenture, neither the failure of the Company to deliver an Optional Repurchase Right Notice nor a defect in an Optional Repurchase Right Notice delivered by the Company will limit the repurchase rights of any Holder under this Article 3 or impair or otherwise affect the validity of any proceedings relating to the repurchase of any Note pursuant to this Article 3.
Optional Repurchase Right of Seller 90 ARTICLE VIII RIGHTS OF CERTIFICATEHOLDERS 91 Section 8.01.
No failure of the Company to give the foregoing notices or defect therein shall limit any Holder’s right to exercise an Optional Repurchase Right or affect the validity of the proceedings for the repurchase of Securities.
Notwithstanding anything to the contrary in this Section 4.03, the Company will not be required to offer or effect any Optional Repurchase, and Holders will not have an Optional Repurchase Right, if the Company has called all then-outstanding Notes for Redemption prior to the applicable Optional Repurchase Date.
Notwithstanding anything to the contrary in this Section 1103, the Company will not be required to offer or effect any Optional Repurchase, and Holders will not have an Optional Repurchase Right, if the Company has called all then-outstanding Notes for Redemption prior to the applicable Optional Repurchase Date.
Subject to the conditions provided in the Indenture, upon exercise by the Holder of its First Optional Repurchase Right or Fundamental Change Repurchase Right, the Company may elect to pay some or all of the Repurchase Price by delivering a number of ADRs equal to (i) a Repurchase Price divided by (ii) 97% of the average of the Trading Prices per ADR for the five consecutive Trading Days immediately preceding and including the third Trading Day prior to the applicable Repurchase Date.
Notwithstanding anything to the contrary in this Section 4.03, the Company will not be required to offer or effect any Optional Repurchase, and Holders will not have an Optional Repurchase Right, if the Company has called all then-outstanding Notes for Redemption prior to the Optional Repurchase Date.
Optional Repurchase Right of Seller 94 ARTICLE VIII RIGHTS OF CERTIFICATEHOLDERS 95 Section 8.01.