Common use of Creation of Treasury Units by Substitution of Treasury Securities Clause in Contracts

Creation of Treasury Units by Substitution of Treasury Securities. A Holder may separate the Debt Securities from the related Purchase Contracts in respect of such Holder's Corporate Units by substituting for such Debt Securities Treasury Securities or security entitlements thereto, pursuant to the Pledge Agreement, in an aggregate principal amount equal to the aggregate principal amount of such Debt Securities, at any time from and after the date of this Agreement until 5:00 p.m. (New York City time) on the Election Date by:

Appears in 3 contracts

Samples: Purchase Contract Agreement (Endurance Specialty Holdings LTD), Purchase Contract Agreement (Dqe Capital Corp), Purchase Contract Agreement (Ohio Casualty Corp)

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Creation of Treasury Units by Substitution of Treasury Securities. A Holder may separate the Debt Securities from the related Purchase Contracts in respect of such Holder's ’s Corporate Units by substituting for such Debt Securities Treasury Securities or security entitlements thereto, pursuant to the Pledge Agreement, in an aggregate principal amount equal to the aggregate principal amount of such Debt Securities, at any time from and after the date of this Agreement until 5:00 p.m. (New York City time) on the Election Date by:

Appears in 2 contracts

Samples: Purchase Contract Agreement (Amerigroup Corp), Purchase Contract Agreement (Amerigroup Corp)

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Creation of Treasury Units by Substitution of Treasury Securities. (a) A Holder of Corporate Units may separate the Debt Securities from the related Purchase Contracts in respect of such Holder's Corporate Units by substituting for such Debt Securities Treasury Securities or security entitlements thereto, pursuant to the Pledge Agreement, thereto in an aggregate principal amount equal to the aggregate principal amount of such Debt Securities, at any time from and after the date of this Agreement until 5:00 p.m. (New York City time) ), on the Election Date by:

Appears in 1 contract

Samples: Pledge Agreement (Dqe Capital Corp)

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