Common use of EXERCISE OF DEBT WARRANTS Clause in Contracts

EXERCISE OF DEBT WARRANTS. (a) During the period specified in Section 2.2 any whole number of Debt Warrants may be exercised [,subject to Section 2.3(c),] by delivery to the Debt Warrant Agent of the Debt Warrant Certificate evidencing such Debt Warrant, with the form of election to purchase Debt Warrant Notes set forth on the reverse side of the Debt Warrant Certificate properly completed and duly executed, and by paying in full, [in lawful money of the United States of America,] [in cash or by certified check or official bank check or by bank wire transfer, in each case,] [by bank wire transfer] [in immediately available funds], the Debt Warrant Price for each Debt Warrant exercised to the Debt Warrant Agent, such delivery and payment to be made at the corporate trust office of the Debt Warrant Agent [or at __________]. The date on which the duly completed and executed Debt Warrant Certificate and payment in full of the Debt Warrant Price is received by the Debt Warrant Agent shall be deemed to be the date on which the Debt Warrant is exercised. The Debt Warrant Agent shall deposit all funds received by it in payment of the Debt Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a [payment] [wire transfer] for the exercise of Debt Warrants is received of the amount so deposited to its account. The Debt Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 3 contracts

Samples: Debt Warrant Agreement (New Plan Realty Trust), Warrant Agreement (At&t Capital Corp /De/), Debt Warrant Agreement (Carramerica Realty Corp)

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EXERCISE OF DEBT WARRANTS. (a) During the period specified in Section 2.2 any whole number of Debt Warrants may be exercised [,subject to Section 2.3(c),] by delivery to the Debt Warrant Agent of the Debt Warrant Certificate evidencing such Debt Warrant, with the form of election to purchase Debt Warrant Notes set forth on the reverse side of the Debt Warrant Certificate properly completed and duly executed, and by paying in full, [in lawful money of the United States of America,] [in cash or by certified check or official bank check or by bank wire transfer, in each case,] [by bank wire transfer] [in immediately available funds], the Debt Warrant Price for each Debt Warrant exercised to the Debt Warrant Agent, such delivery and payment to be made at the corporate trust office of the Debt Warrant Agent [or at __________]. The date on which the duly completed and executed Debt Warrant Certificate and payment in full of the Debt Warrant Price is received by the Debt Warrant Agent shall be deemed to be the date on which the Debt Warrant is exercised. The Debt Warrant Agent shall deposit all funds received by it in payment of the Debt Warrant Price in an account of the Company maintained with it and shall advise the Company by telephone at the end of each day on which a [payment] [wire transfer] for the exercise of Debt Warrants is received of the amount so deposited to its account. The Debt Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 1 contract

Samples: Debt Warrant Agreement (New Plan Excel Realty Trust Inc)

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EXERCISE OF DEBT WARRANTS. (a) During the period On any Exercise Date specified in Section 2.2 2.02, any whole number of Debt Warrants may be exercised [,subject to Section 2.3(c),] by delivery to the Debt Warrant Agent of the applicable Debt Warrant Certificate evidencing such Debt WarrantCertificate, together with the form of election to purchase Debt Warrant Notes Securities set forth on the reverse side of the Debt Warrant Certificate properly completed and duly executed, and by paying in full, in U.S. dollars or in the Specified Currency, as the case may be, [in lawful money of the United States of America,] [in cash or by certified check or official bank check or by bank wire transfer, in each case,] [by bank wire transfer] [in immediately available funds], ] to the Debt Warrant Agent the Exercise Price for each Debt Warrant exercised to the Debt Warrant AgentWarrant, such delivery and payment to be made at [the corporate trust office of the Debt Warrant Agent] or such other place as the Company and the Debt Warrant Agent [or at __________]shall hereafter agree in writing. The date on which the duly completed and executed Debt Warrant Certificate and payment in full of the Debt Warrant Exercise Price is are received by the Debt Warrant Agent shall be deemed to be the date on which the applicable Debt Warrant is exercised. The Debt Warrant Agent shall deposit all funds received by it in payment of the Debt Warrant Exercise Price in an account of the Company maintained with it and shall advise the Company by telephone or by facsimile transmission or other form of electronic communication available to both parties at the end of each day on which a [payment] [wire transfer] for the exercise of such Debt Warrants is received of the amount so deposited to its account. The Debt Warrant Agent shall promptly confirm such telephone advice to the Company in writing.

Appears in 1 contract

Samples: Pepsico (Pepsico Inc)

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