Common use of Deposit of Purchase Price or Change in Control Purchase Price Clause in Contracts

Deposit of Purchase Price or Change in Control Purchase Price. Prior to 3:00 p.m. (local time in The City of New York) on the Business Day following the Purchase Date or the Change in Control Purchase Date, as the case may be, the Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary or an Affiliate of either of them is acting as Paying Agent, shall segregate and hold in trust as provided in Section 2.04) an amount of cash in immediately available funds or securities, if expressly permitted hereunder, sufficient to pay the aggregate Purchase Price or Change in Control Purchase Price, as the case may be, of all the Securities or portions thereof which are to be purchased as of the Purchase Date or Change in Control Purchase Date, as the case may be.

Appears in 2 contracts

Samples: Talk Radio Network Inc, Multiverse Acquisition Corp

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Deposit of Purchase Price or Change in Control Purchase Price. Prior to 3:00 12:00 p.m. (local time in The City of New York) on the Business Day following the Purchase Date or the Change in Control Purchase Date, as the case may be, the Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary or an Affiliate of either of them is acting as Paying Agent, shall segregate and hold in trust as provided in Section 2.04) an amount of cash in immediately available funds or securitiesCommon Stock, if expressly permitted hereunder, sufficient to pay the aggregate Purchase Price or Change in Control Purchase Price, as the case may be, of all the Securities or portions thereof which are to be purchased as of the Purchase Date or Change in Control Purchase Date, as the case may bepurchased.

Appears in 1 contract

Samples: Brightpoint Inc

Deposit of Purchase Price or Change in Control Purchase Price. Prior to 3:00 p.m. 10:00 a.m. (local time in The New York City of New Yorktime) on the Business Day following the Purchase Date or the Change in Control Purchase Date, as the case may be, the Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary or an Affiliate of either of them is acting as the Paying Agent, shall segregate and hold in trust as provided in Section 2.04) an amount of cash money (in immediately available funds if deposited on such Business Day) or securitiesCommon Stock, if expressly permitted hereunder, sufficient to pay the aggregate Purchase Price or Change in Control Purchase Price, as the case may be, of all the Securities Notes or portions thereof which are to be purchased as of the Purchase Date or Change in Control Purchase Date, as the case may be.

Appears in 1 contract

Samples: Supplemental Indenture (Avaya Inc)

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Deposit of Purchase Price or Change in Control Purchase Price. Prior to 3:00 p.m. (local 10:00 a.m. New York City time in The City of New York) on the Business Day following the Purchase Date or the Change in Control Purchase Date, as the case may be, the Company shall deposit with the Trustee or with the Paying Agent (or, if the Company or a Subsidiary or an Affiliate of either of them is acting as the Paying Agent, shall segregate and hold in trust as provided in Section 2.042.4) an amount of cash (in immediately available funds or securitiesif deposited on such Business Day) and/or Ordinary Shares, if expressly permitted hereunder, sufficient to pay the aggregate Purchase Price or Change in Control Purchase Price, as the case may be, of all the Securities or portions thereof which are to be purchased as of the Purchase Date or Change in Control Purchase Date, as the case may be.

Appears in 1 contract

Samples: Xl Capital LTD

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