Common use of Limitation on Tenders Clause in Contracts

Limitation on Tenders. The holders shall not be required to tender any Series B Note for purchase on a Purchase Date if on such date, following the occurrence of an Event of Default, the Trustee shall have declared the principal of and interest on the Series B Notes immediately due and payable pursuant to Section 7.02.

Appears in 1 contract

Samples: Series B Note Agreement (Hanover Direct Inc)

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Limitation on Tenders. The holders shall not be required to tender any Series B A Note for purchase on a Purchase Date if on such date, following the occurrence of an Event of Default, the Trustee shall have declared the principal of and interest on the Series B A Notes immediately due and payable pursuant to Section 7.02.

Appears in 1 contract

Samples: Series a Note Agreement (Hanover Direct Inc)

Limitation on Tenders. The holders shall not be required to tender any Series B A Note for purchase on a Purchase Date if on such date, following the occurrence of an Event of Default, the Trustee shall have declared the principal of and interest on the Series B A Notes immediately due and payable pursuant to Section 7.027.02 of the Series A Note Agreement.

Appears in 1 contract

Samples: Series a Note Agreement (Hanover Direct Inc)

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Limitation on Tenders. The holders shall not be required to tender any Series B Note for purchase on a Purchase Date if on such date, following the occurrence of an Event of Default, the Trustee shall have declared the principal of and interest on the Series B Notes immediately due and payable pursuant to Section 7.027.02 of the Series B Note Agreement.

Appears in 1 contract

Samples: Series B Note Agreement (Hanover Direct Inc)

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