Common use of Effect of Purchase Notice; Withdrawal of Purchase Notice Clause in Contracts

Effect of Purchase Notice; Withdrawal of Purchase Notice. (a) Upon receipt by the Paying Agent of the Purchase Notice specified in Section 4.1(c), the Holder of the Security in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Purchase Price with respect to such Security. Such Purchase Price shall be paid to such Holder, subject to receipt of cash by the Paying Agent, promptly following the later of (i) the Purchase Date with respect to such Security (provided the conditions in Section 4.1(c) have been satisfied) and (ii) the time of book-entry transfer or delivery of such Security to the Paying Agent by the Holder thereof in the manner required by Section 4.1(c). Securities in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article XIII on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following paragraph. (b) A Purchase Notice may be withdrawn in whole or in part by means of a written notice (which may be delivered by letter, overnight courier, hand delivery, facsimile transmission or in any other written form and, in the case of Global Securities, may be delivered electronically or by other means in accordance with the Depositary's customary procedures) of withdrawal delivered by the Holder to the Paying Agent at any time prior to the close of business on the Business Day immediately preceding the Purchase Date, specifying (a) the principal amount of the Security or portion thereof (which must be $1,000 or an integral multiple of $1,000 in excess thereof) with respect to which such notice of withdrawal is being submitted, (b) if certificated Securities have been issued, the certificate numbers of the withdrawn Securities, or if not certificated, such notice must comply with Applicable Procedures, and (c) the principal amount of the Security, if any, which remains subject to the Purchase Notice.

Appears in 1 contract

Samples: Indenture (Komag Inc /De/)

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Effect of Purchase Notice; Withdrawal of Purchase Notice. (a) Upon receipt by the Paying Agent of the Purchase Notice specified in Section 4.1(c), the Holder of the Security in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Purchase Price with respect to such Security. Such Purchase Price shall be paid to such Holder, subject to receipt of cash by the Paying Agent, promptly following the later of (ia) the Purchase Date with respect to such Security (provided the conditions in Section 4.1(c) have been satisfied) and (iib) the time of book-entry transfer or delivery of such Security to the Paying Agent by the Holder thereof in the manner required by Section 4.1(c). Securities in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article XIII XII on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following paragraph. (b) A Purchase Notice may be withdrawn in whole or in part by means of a written notice (which may be delivered by letter, overnight courier, hand delivery, facsimile transmission or in any other written form and, in the case of Global Securities, may be delivered electronically or by other means in accordance with the Depositary's customary procedures) of withdrawal delivered by the Holder to the Paying Agent at any time prior to the close of business on the Business Day immediately preceding the Purchase Date, specifying (a) the principal amount Principal Amount of the Security or portion thereof (which must be a Principal Amount of $1,000 or an integral multiple of $1,000 in excess thereof) with respect to which such notice of withdrawal is being submitted, (b) if certificated Securities have been issued, the certificate numbers of the withdrawn Securities, or if not certificated, such notice must comply with Applicable Procedures, and (c) the principal amount of the SecurityPrincipal Amount, if any, which remains subject to the Purchase Notice. If a Purchase Notice has been properly withdrawn pursuant to this Section 4.2(b) prior to the Purchase Date, the Company shall not be obligated to purchase those Securities so identified in such notice of withdrawal.

Appears in 1 contract

Samples: Indenture (Concord Communications Inc)

Effect of Purchase Notice; Withdrawal of Purchase Notice. (a) Upon receipt by the Paying Agent of the Purchase Notice specified in Section 4.1(c), the Holder of the Security Note in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Purchase Price with respect to such SecurityNote. Such Purchase Price shall be paid to such Holder, subject to receipt of cash by the Paying Agent, promptly following the later of (ia) the Purchase Date with respect to such Security Note (provided the conditions in Section 4.1(c) have been satisfied) and (iib) the time of book-entry transfer or delivery of such Security Note to the Paying Agent by the Holder thereof in the manner required by Section 4.1(c). Securities Notes in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article XIII ARTICLE XII on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following paragraph. (b) A Purchase Notice may be withdrawn in whole or in part by means of a written notice (which may be delivered by letter, overnight courier, hand delivery, facsimile transmission or in any other written form and, in the case of Global Securities, may be delivered electronically or by other means in accordance with the Depositary's customary proceduresApplicable Procedures) of withdrawal delivered by the Holder to the Paying Agent at any time prior to the close of business on the Business Day immediately preceding the Purchase Date, specifying (a) the principal amount of the Security Note or portion thereof (which must be a principal amount of $1,000 or an integral multiple of $1,000 in excess thereof) with respect to which such notice of withdrawal is being submitted, (b) if certificated Securities Notes have been issued, the certificate numbers of the withdrawn SecuritiesNotes, or if not certificated, such notice must comply with Applicable Procedures, and (c) the principal amount of the Securityamount, if any, which remains subject to the Purchase Notice. If a Purchase Notice has been properly withdrawn pursuant to this Section 4.2(b) prior to the close of business on the Business Day immediately preceding the Purchase Date, the Company shall not be obligated to purchase those Notes so identified in such notice of withdrawal.

Appears in 1 contract

Samples: Indenture (Synaptics Inc)

Effect of Purchase Notice; Withdrawal of Purchase Notice. (a) Upon receipt by the Paying Agent of the Purchase Notice specified in Section 4.1(c), the Holder of the Security Note in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Purchase Price with respect to such SecurityNote. Such Purchase Price shall be paid to such Holder, subject to receipt of cash by the Paying Agent, promptly following the later of (ia) the Purchase Date with respect to such Security Note (provided the conditions in Section 4.1(c) have been satisfied) and (iib) the time of book-entry transfer or delivery of such Security Note to the Paying Agent by the Holder thereof in the manner required by Section 4.1(c). Securities Notes in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article XIII ARTICLE XII on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following paragraph. (b) A Purchase Notice may be withdrawn in whole or in part by means of a written notice (which may be delivered by letter, overnight courier, hand delivery, facsimile transmission or in any other written form and, in the case of Global Securities, may be delivered electronically or by other means in accordance with the Depositary's ’s customary procedures) of withdrawal delivered by the Holder to the Paying Agent at any time prior to the close of business on the Business Day immediately preceding the Purchase Date, specifying (a) the principal amount Principal Amount of the Security Note or portion thereof (which must be a Principal Amount at Issuance of $1,000 or an integral multiple of $1,000 in excess thereof) with respect to which such notice of withdrawal is being submitted, (b) if certificated Securities have been issued, the certificate serial numbers of the withdrawn SecuritiesNotes, or if not certificated, such notice must comply with Applicable Procedures, and (c) the principal amount of the SecurityPrincipal Amount at Issuance, if any, which remains subject to the Purchase Notice. If a Purchase Notice has been properly withdrawn pursuant to this Section 4.2(b) prior to the Purchase Date, the Company shall not be obligated to purchase those Notes so identified in such notice of withdrawal.

Appears in 1 contract

Samples: Indenture (Comtech Telecommunications Corp /De/)

Effect of Purchase Notice; Withdrawal of Purchase Notice. (a) Upon receipt by the Paying Agent of the Purchase Notice specified in Section 4.1(c), the Holder of the Security Note in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Purchase Price with respect to such SecurityNote. Such Purchase Price shall be paid to such Holder, subject to receipt of cash by the Paying Agent, promptly following the later of (ia) the Purchase Date with respect to such Security Note (provided the conditions in Section 4.1(c) have been satisfied) and (iib) the time of book-entry transfer or delivery of such Security Note to the Paying Agent by the Holder thereof in the manner required by Section 4.1(c). Securities Notes in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article XIII ARTICLE XII on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following paragraph. (b) A Purchase Notice may be withdrawn in whole or in part by means of a written notice (which may be delivered by letter, overnight courier, hand delivery, facsimile transmission or in any other written form and, in the case of Global Securities, may be delivered electronically or by other means in accordance with the Depositary's ’s customary procedures) of withdrawal delivered by the Holder to the Paying Agent at any time prior to the close of business on the Business Day immediately preceding the Purchase Date, specifying (a) the principal amount of the Security Note or portion thereof (which must be a principal amount of $1,000 or an integral multiple of $1,000 in excess thereof) with respect to which such notice of withdrawal is being submitted, (b) if certificated Securities have been issued, the certificate serial numbers of the withdrawn SecuritiesNotes, or if not certificated, such notice must comply with Applicable Procedures, and (c) the principal amount of the Securityamount, if any, which remains subject to the Purchase Notice. If a Purchase Notice has been properly withdrawn pursuant to this Section 4.2(b) prior to the Purchase Date, the Company shall not be obligated to purchase those Notes so identified in such notice of withdrawal.

Appears in 1 contract

Samples: Indenture (CTS Corp)

Effect of Purchase Notice; Withdrawal of Purchase Notice. (a) Upon receipt by the Paying Agent of the Purchase Notice specified in Section 4.1(c), the Holder of the Security Note in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Purchase Price with respect to such SecurityNote. Such Purchase Price shall be paid to such Holder, subject to receipt of cash by the Paying Agent, promptly following the later of (i) the Purchase Date with respect to such Security Note (provided the conditions in Section 4.1(c) have been satisfied) and (ii) the time of book-entry transfer or delivery of such Security Note to the Paying Agent by the Holder thereof in the manner required by Section 4.1(c). Securities Notes in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article XIII ARTICLE XII on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following paragraph. (b) A Purchase Notice may be withdrawn in whole or in part by means of a written notice (which may be delivered by letter, overnight courier, hand delivery, facsimile transmission or in any other written form and, in the case of Global Securities, may be delivered electronically or by other means in accordance with the Depositary's customary procedures) of withdrawal delivered by the Holder to the Paying Agent at any time prior to the close of business on the Business Day immediately preceding the Purchase Date, specifying (ai) the principal amount of the Security Note or portion thereof (which must be a principal amount of $1,000 or an integral multiple of $1,000 in excess thereof) with respect to which such notice of withdrawal is being submitted, (bii) if certificated Securities have been issued, the certificate serial numbers of the withdrawn SecuritiesNotes, or if not certificated, such notice must comply with Applicable Procedures, and (ciii) the principal amount of the Securityamount, if any, which remains subject to the Purchase Notice. If a Purchase Notice has been properly withdrawn pursuant to this Section 4.2(b) prior to the Purchase Date, the Company shall not be obligated to purchase those Notes so identified in such notice of withdrawal.

Appears in 1 contract

Samples: Indenture (Willbros Group Inc)

Effect of Purchase Notice; Withdrawal of Purchase Notice. (a) Upon receipt by the Paying Agent of the Purchase Notice specified in Section 4.1(c), the Holder of the Security Note in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Purchase Price with respect to such SecurityNote. Such Purchase Price shall be paid to such Holder, subject to receipt of cash by the Paying Agent, promptly following the later of (ia) the Purchase Date with respect to such Security Note (provided the conditions in Section 4.1(c) have been satisfied) and (iib) the time of book-entry transfer or delivery of such Security Note to the Paying Agent by the Holder thereof in the manner required by Section 4.1(c). Securities Notes in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article XIII ARTICLE XII on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following paragraph. (b) A Purchase Notice may be withdrawn in whole or in part by means of a written notice (which may be delivered by letter, overnight courier, hand delivery, facsimile transmission or in any other written form and, in the case of Global Securities, may be delivered electronically or by other means in accordance with the Depositary's customary procedures) of withdrawal delivered by the Holder to the Paying Agent at any time prior to the close of business on the Business Day immediately preceding the Purchase Date, specifying (a) the principal amount of the Security Note or portion thereof (which must be a principal amount of $1,000 or an integral multiple of $1,000 in excess thereof) with respect to which such notice of withdrawal is being submitted, (b) if certificated Securities have been issued, the certificate serial numbers of the withdrawn SecuritiesNotes, or if not certificated, such notice must comply with Applicable Procedures, and (c) the principal amount of the Securityamount, if any, which remains subject to the Purchase Notice. If a Purchase Notice has been properly withdrawn pursuant to this Section 4.2(b) prior to the Purchase Date, the Company shall not be obligated to purchase those Notes so identified in such notice of withdrawal.

Appears in 1 contract

Samples: Indenture (Willbros Group Inc)

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Effect of Purchase Notice; Withdrawal of Purchase Notice. (a) Upon receipt by the Paying Agent of the Purchase Notice specified in Section 4.1(c), the Holder of the Security Note in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Purchase Price with respect to such SecurityNote. Such Purchase Price shall be paid to such Holder, subject to receipt of cash by the Paying Agent, promptly following the later of (ia) the Purchase Date with respect to such Security Note (provided the conditions in Section 4.1(c) have been satisfied) and (iib) the time of book-entry transfer or delivery of such Security Note to the Paying Agent by the Holder thereof in the manner required by Section 4.1(c). Securities Notes in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article XIII ARTICLE XII on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following paragraph. (b) A Purchase Notice may be withdrawn in whole or in part by means of a written notice (which which, in the case of Certificated Notes, may be delivered by letter, overnight courier, hand delivery, facsimile transmission or in any other written form and, in the case of Global SecuritiesNotes, may be delivered electronically or by other means in accordance with the Depositary's customary procedures) of withdrawal delivered by the Holder to the Paying Agent at any time prior to the close of business 5:00 p.m., Eastern Standard time, on the Business Day immediately preceding prior to the Purchase Date, specifying (a) the principal amount of the Security Note or portion thereof (which must be a principal amount of $1,000 or an integral multiple of $1,000 in excess thereof) with respect to which such notice of withdrawal is being submitted, (b) if certificated Securities Certificated Notes have been issued, the certificate numbers of the withdrawn SecuritiesNotes, or if not certificated, such notice must comply with Applicable Procedures, and (c) the principal amount of the Securityamount, if any, which remains subject to the Purchase Notice. If a Purchase Notice has been properly withdrawn pursuant to this Section 4.2(b) prior to the Purchase Date, the Company shall not be obligated to purchase those Notes so identified in such notice of withdrawal.

Appears in 1 contract

Samples: Indenture (Greenbrier Companies Inc)

Effect of Purchase Notice; Withdrawal of Purchase Notice. (a) Upon receipt by the Paying Agent of the Purchase Notice specified in Section 4.1(c), the Holder of the Security Note in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Purchase Price with respect to such SecurityNote. Such Purchase Price shall be paid to such Holder, subject to receipt of cash by the Paying Agent, promptly following the later of (ia) the Purchase Date with respect to such Security Note (provided the conditions in Section 4.1(c) have been satisfied) and (iib) the time of book-entry transfer or delivery of such Security Note to the Paying Agent by the Holder thereof in the manner required by Section 4.1(c). Securities Notes in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article XIII ARTICLE XII on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following paragraph. (b) A Purchase Notice may be withdrawn in whole or in part by means of a written notice (which may be delivered by letter, overnight courier, hand delivery, facsimile transmission or in any other written form and, in the case of Global Securities, may be delivered electronically or by other means in accordance with the Depositary's customary proceduresApplicable Procedures) of withdrawal delivered by the Holder to the Paying Agent at any time prior to the close of business on the Business Day immediately preceding the Purchase Date, specifying (a) the principal amount of the Security Note or portion thereof (which must be a principal amount of $1,000 or an integral multiple of $1,000 in excess thereof) with respect to which such notice of withdrawal is being submitted, (b) if certificated Securities Notes have been issued, the certificate numbers of the withdrawn SecuritiesNotes, or if not certificated, such notice must comply with Applicable Procedures, and (c) the principal amount of the Securityamount, if any, which remains subject to the Purchase Notice. If a Purchase Notice has been properly withdrawn pursuant to this Section 4.2(b) prior to the Purchase Date, the Company shall not be obligated to purchase those Notes so identified in such notice of withdrawal.

Appears in 1 contract

Samples: Indenture (Cray Inc)

Effect of Purchase Notice; Withdrawal of Purchase Notice. (a) Upon receipt by the Paying Agent of the Purchase Notice specified in Section 4.1(c), the Holder of the Security in respect of which such Purchase Notice was given shall (unless such Purchase Notice is withdrawn as specified in the following paragraph) thereafter be entitled to receive solely the Purchase Price with respect to such Security. Such Purchase Price shall be paid to such Holder, subject to receipt of cash by the Paying Agent, promptly following the later of (ia) the Purchase Date with respect to such Security (provided the conditions in Section 4.1(c) have been satisfied) and (iib) the time of book-entry transfer or delivery of such Security to the Paying Agent by the Holder thereof in the manner required by Section 4.1(c). Securities in respect of which a Purchase Notice has been given by the Holder thereof may not be converted pursuant to Article XIII ARTICLE XII on or after the date of the delivery of such Purchase Notice unless such Purchase Notice has first been validly withdrawn as specified in the following paragraph. (b) A Purchase Notice may be withdrawn in whole or in part by means of a written notice (which which, in the case of Certificated Securities, may be delivered by letter, overnight courier, hand delivery, facsimile transmission or in any other written form and, in the case of Global Securities, may be delivered electronically or by other means in accordance with the Depositary's ’s customary procedures) of withdrawal delivered by the Holder to the Paying Agent at any time prior to the close of business 5:00 p.m., Eastern Standard time, on the Business Day immediately preceding prior to the Purchase Date, specifying (a) the principal amount of the Security or portion thereof (which must be a principal amount of $1,000 or an integral multiple of $1,000 in excess thereof) with respect to which such notice of withdrawal is being submitted, (b) if certificated Securities have been issued, the certificate numbers of the withdrawn Securities, or if not certificated, such notice must comply with Applicable Procedures, and (c) the principal amount of the Securityamount, if any, which remains subject to the Purchase Notice. If a Purchase Notice has been properly withdrawn pursuant to this Section 4.2(b) prior to the Purchase Date, the Company shall not be obligated to purchase those Securities so identified in such notice of withdrawal.

Appears in 1 contract

Samples: Indenture (DRS Technologies Inc)

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