Common use of Acquisition of Securities Clause in Contracts

Acquisition of Securities. The Company shall not, and shall cause its Affiliates not to, resell or otherwise dispose of any Securities acquired by them, in the open market or otherwise, and shall, and shall cause its Affiliates to, surrender all such Securities acquired to the Trustee for cancellation.

Appears in 5 contracts

Samples: Indenture (Philip Services Corp/De), Indenture (Philip Services Corp/De), Indenture (Philip Services Corp/De)

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Acquisition of Securities. The Company shall not, and shall cause its Affiliates not to, resell or otherwise dispose of any Securities acquired by them, whether pursuant to Section 1013 or 1017, in the open market or otherwise, and shall, and shall cause its Affiliates to, surrender all such Securities acquired to the Trustee for cancellation.

Appears in 1 contract

Samples: Indenture (Emergent Group Inc)

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