Common use of Exchange with Holders of Other Debentures Clause in Contracts

Exchange with Holders of Other Debentures. From the Closing Date through September 26, 2004, the Company will not enter into any agreement with any other holder of the Company’s 5 1/4% Convertible Subordinated Debentures due 2004 to exchange, repurchase, retire, repay or otherwise acquire any of such debentures (other than by payment when due at maturity) upon terms that include cash payment(s) more favorable to such holder than the 20% of par value of the Debentures received by the Holder hereunder, without the prior written consent of the Holder.

Appears in 3 contracts

Samples: Exchange Agreement (Verticalnet Inc), Exchange Agreement (Verticalnet Inc), Exchange Agreement (Verticalnet Inc)

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Exchange with Holders of Other Debentures. From the Closing Date through September 26, 2004, the Company will not enter into any agreement with any other holder of the Company’s 5 1/4% Convertible 1/4%Convertible Subordinated Debentures due 2004 to exchange, repurchase, retire, repay or otherwise acquire any of such debentures (other than by payment when due at maturity) upon terms that include cash payment(s) more favorable to such holder than the 20% of par value of the Debentures received by the Holder hereunder, without the prior written consent of the Holder.

Appears in 2 contracts

Samples: Exchange Agreement (Verticalnet Inc), Exchange Agreement (Verticalnet Inc)

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Exchange with Holders of Other Debentures. From the Closing Date through September 26, 2004, the Company will not enter into any agreement with any other holder of the Company’s 5 1/4% Convertible Subordinated Debentures due 2004 to exchange, repurchase, retire, repay or otherwise acquire any of such debentures (other than by payment when due at maturity) upon terms that include cash payment(s) more favorable to such holder than the 20% of par value of the Debentures received by the Holder hereunderterms set forth in this Agreement, without the prior written consent of the Holder.

Appears in 1 contract

Samples: Exchange Agreement (Verticalnet Inc)

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