Common use of Effect of Repurchase Notice Clause in Contracts

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.10(b), the Holder of the Security in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is withdrawn as specified below) thereafter be entitled to receive solely the Repurchase Price with respect to such Security. Such Repurchase Price shall be paid to such Holder promptly following the later of (i) the Repurchase Date with respect to such Security (provided the conditions in Section 3.10(b) have been satisfied) and (ii) the time of delivery of such Security to the Paying Agent by the Holder thereof in the manner required by Section 3.10(b). Securities in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted into shares of Common Stock on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawn.

Appears in 3 contracts

Samples: Indenture (Manugistics Group Inc), Indenture (Waste Connections Inc/De), Indenture (Nco Group Inc)

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Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.10(b3.09(b), the Holder of the Security Note in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is withdrawn as specified below) thereafter be entitled to receive solely the Repurchase Price with respect to such SecurityNote. Such Repurchase Price shall be paid to such Holder promptly following the later of (i) the Repurchase Date with respect to such Security Note (provided the conditions in Section 3.10(b3.09(b) have been satisfied) and (ii) the time of delivery of such Security Note to the Paying Agent by the Holder thereof in the manner required by Section 3.10(b3.09(b). Securities Notes in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted into shares of Common Stock on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawn.

Appears in 2 contracts

Samples: First Supplemental Indenture (Natural Microsystems Corp), Natural Microsystems Corp

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.10(b3.12(b), the Holder of the Security in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is withdrawn as specified below) thereafter be entitled to receive solely the Repurchase Price with respect to such Security. Such Repurchase Price shall be paid to such Holder promptly following the later of (i) the Repurchase Date with respect to such Security (provided the conditions in Section 3.10(b3.12(b) have been satisfied) and (ii) the time of delivery of such Security to the Paying Agent by the Holder thereof in the manner required by Section 3.10(b3.12(b). Securities in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted into shares of Common Stock on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawn.

Appears in 1 contract

Samples: Incyte Pharmaceuticals Inc

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.10(b)Notice, the Holder of the Security Debenture in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is withdrawn as specified below) thereafter be entitled to receive solely the Repurchase Price with respect to such SecurityDebenture. Such Repurchase Price shall be paid to such Holder promptly following the later of (i) the Repurchase Date with respect to such Security Debenture (provided the conditions in Section 3.10(b7.1(c) have been satisfied) and (ii) the time of delivery of such Security Debenture to the Paying Agent by the Holder thereof in the manner required by Section 3.10(b7.1(c). Securities Debentures in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted into shares of Common Stock on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawn.

Appears in 1 contract

Samples: Registration Rights Agreement (Med-Design Corp)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.10(b3.11(b), the Holder of the Security in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is withdrawn as specified below) thereafter be entitled to receive solely the Repurchase Price with respect to such Security. Such Repurchase Price shall be paid to such Holder promptly following the later of (i) the Repurchase Date with respect to such Security (provided the conditions in Section 3.10(b3.11(b) have been satisfied) and (ii) the time of delivery of such Security to the Paying Agent by the Holder thereof in the manner required by Section 3.10(b3.11(b). Securities in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted into shares of Common Stock on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawn.

Appears in 1 contract

Samples: Indenture (Pinnacle Holdings Inc)

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Effect of Repurchase Notice. Upon receipt by the Paying Agent Company of the Repurchase Notice specified in Section 3.10(b)3.03, the Holder holder of the Security Note in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is withdrawn as specified belowvalidly withdrawn) thereafter be entitled to receive solely the Repurchase Price repurchase price with respect to such SecurityNote. Such Repurchase Price repurchase price shall be paid to such Holder holder, subject to receipt of funds or Notes by the Company, promptly following the later of (ix) the Repurchase Date with respect to such Security Note (provided the holder has satisfied the conditions in Section 3.10(b) have been satisfied3.03) and (iiy) the time of delivery of such Security Note to the Paying Agent Company by the Holder holder thereof in the manner required by Section 3.10(b)3.03. Securities Notes in respect of which a Repurchase Notice has been given by the Holder holder thereof may not be converted into shares of Common Stock pursuant to Article 14 hereof on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawn.

Appears in 1 contract

Samples: Indenture (Fushi International Inc)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.10(b3.08(a)(iii), the Holder of the Security in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is withdrawn as specified belowin the following paragraph) thereafter be entitled to receive solely the Repurchase Price with respect to such Security. Such Repurchase Price shall be paid to such Holder promptly following Holder, subject to receipt of Cash by the Paying Agent, on the later of (i1) the Repurchase Date with respect to such Security (provided the conditions in Section 3.10(b3.08(a)(iii) have been satisfied) and (ii2) 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 3.10(b3.08(a)(iii). Securities in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted into shares of Common Stock pursuant to Article 4 on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in the following paragraph.

Appears in 1 contract

Samples: Indenture (Arvinmeritor Inc)

Effect of Repurchase Notice. Upon receipt by the Paying Agent of the Repurchase Notice specified in Section 3.10(b3.10(c), the Holder of the Security Debenture in respect of which such Repurchase Notice was given shall (unless such Repurchase Notice is withdrawn as specified belowin Section 3.13) thereafter be entitled to receive solely the Repurchase Price with respect to such SecurityDebenture. Such Repurchase Price shall be paid to such Holder Holder, subject to receipts of cash and/or securities by the Paying Agent, promptly following the later of (ia) the Repurchase Date with respect to such Security security (provided the conditions in Section 3.10(b3.10(c) have been satisfied) and (iib) the time of delivery of such Security Debenture to the Paying Agent by the Holder thereof in the manner required by Section 3.10(b3.10(c). Securities Debentures in respect of which a Repurchase Notice has been given by the Holder thereof may not be converted into shares of Common Stock pursuant to Article 8 on or after the date of the delivery of such Repurchase Notice unless such Repurchase Notice has first been validly withdrawnwithdrawn as specified in Section 3.13.

Appears in 1 contract

Samples: Dynegy Inc /Il/

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