Additional Notice Requirements. The Counterparty hereby agrees to promptly deliver to ML a copy of all notices and other communications given to the holders of any Reference Notes (whether or not required to be given) pursuant to the terms of the Note Indenture on the dates provided in the Note Indenture and all other notices given and other communications made by Counterparty in respect of the Reference Notes to holders of any Reference Notes . The Counterparty further covenants to ML that it shall promptly notify ML of each Conversion Event (identifying in such notice (a “Conversion Notice”) the principal amount at maturity of Reference Notes being converted), Amendment Event (including in such notice a detailed description of any such amendment) and Repayment Event (identifying in such notice the nature of such Repayment Event and the principal amount at maturity of Reference Notes being paid). The Counterparty shall deliver each Conversion Notice to ML within two Business Days following the occurrence of the related Conversion Event and in any event no later than one Business Day following Counterparty’s receipt of notice of such Conversion Event from the Trustee under the Note Indenture. The Counterparty hereby acknowledges and agrees that its obligations under this Section shall continue as obligations of the Counterparty notwithstanding any transfer by it of any of its rights or obligations to any other person or entity in accordance with the Section titled Staggered Settlement above.
Appears in 2 contracts
Samples: Confirmation of Otc Convertible Note Hedge (Pantry Inc), Confirmation of Otc Convertible Note Hedge (Pantry Inc)
Additional Notice Requirements. The Counterparty hereby agrees to promptly deliver to ML a copy of all notices and other communications required or permitted to be given to the holders of any Reference Notes (whether or not required to be given) pursuant to the terms of the Note Indenture on the dates provided so required or permitted in the Note Indenture and all other notices given and other communications made by Counterparty in respect of the Reference Referenced Notes to holders of any Reference Notes Referenced Notes. The Counterparty further covenants to ML that it shall promptly notify ML of each Conversion Event (identifying in such notice (a “Conversion Notice”) the principal amount at maturity of Reference Notes being converted), Amendment Event (including in such notice a detailed description of any such amendment) and Repayment Event (identifying in such notice the nature of such Repayment Event and the principal amount at maturity of Reference Notes being paid). The Counterparty shall deliver each Conversion Notice to ML within two Business Days following the occurrence of the related Conversion Event and in any event no later than one Business Day following Counterparty’s receipt of notice of such Conversion Event from the Trustee under the Note Indenture. The Counterparty hereby acknowledges and agrees that its obligations under this Section shall continue as obligations of the Counterparty notwithstanding any transfer by it of any of its rights or obligations to any other person or entity in accordance with the Section titled Staggered Settlement above.
Appears in 1 contract
Samples: Confirmation of Otc Warrant (Level 3 Communications Inc)
Additional Notice Requirements. The Counterparty hereby agrees to promptly deliver to ML a copy of all notices and other communications required or permitted to be given to the holders of any Reference Notes (whether or not required to be given) pursuant to the terms of the Note Indenture on the dates provided so required or permitted in the Note Indenture and all other notices given and other communications made by Counterparty in respect of the Reference Referenced Notes to holders of any Reference Referenced Notes . The Counterparty further covenants to ML that it shall promptly notify ML of each Conversion Event (identifying in such notice (a “Conversion Notice”"CONVERSION NOTICE") the principal amount at maturity of Reference Notes being converted), Amendment Event (including in such notice a detailed description of any such amendment) and Repayment Event (identifying in such notice the nature of such Repayment Event and the principal amount at maturity of Reference Notes being paid). The Counterparty shall deliver each Conversion Notice to ML within two Business Days following the occurrence of the related Conversion Event and in any event no later than one Business Day following Counterparty’s 's receipt of notice of such Conversion Event from the Trustee under the Note Indenture. The Counterparty hereby acknowledges and agrees that its obligations under this Section shall continue as obligations of the Counterparty notwithstanding any transfer by it of any of its rights or obligations to any other person or entity in accordance with the Section titled Staggered Settlement above.
Appears in 1 contract
Samples: Confirmation of Otc Convertible Note Hedge (Dicks Sporting Goods Inc)
Additional Notice Requirements. The Counterparty hereby agrees to promptly deliver to ML a copy of all notices and other communications required or permitted to be given to the holders of any Reference Notes (whether or not required to be given) pursuant to the terms of the Note Indenture on the dates provided so required or permitted in the Note Indenture and all other notices given and other communications made by Counterparty in respect of the Reference Referenced Notes to holders of any Reference Referenced Notes . The Counterparty further covenants to ML that it shall deliver a Conversion Notice as provided for above and shall promptly notify ML of each Conversion Event (identifying in such notice (a “Conversion Notice”) the principal amount at maturity of Reference Notes being converted), Amendment Event (including in such notice a detailed description of any such amendment) and Repayment Event (identifying in such notice the nature of such Repayment Event and the principal amount at maturity of Reference Notes being paid). The Counterparty shall deliver each Conversion Notice to ML within two Business Days following the occurrence of the related Conversion Event and in any event no later than one Business Day following Counterparty’s receipt of notice of such Conversion Event from the Trustee under the Note Indenture. The Counterparty hereby acknowledges and agrees that its obligations under this Section shall continue as obligations of the Counterparty notwithstanding any transfer by it of any of its rights or obligations to any other person or entity in accordance with the Section titled Staggered Settlement above.
Appears in 1 contract
Samples: Confirmation of Otc Convertible Note Hedge (Level 3 Communications Inc)