Common use of No Payment During Events of Default Clause in Contracts

No Payment During Events of Default. There shall be no repurchase of any Securities pursuant to this Section 8.01 if there has occurred (prior to, on or after, as the case may be, the giving, by the Holders of such Securities, of the required Fundamental Change Repurchase Notice) and is continuing an Event of Default (other than a default that is cured by the payment of the Fundamental Change Repurchase Price with respect to such Securities). The Paying Agent will promptly return to the respective Holders thereof any Securities (i) with respect to which a Fundamental Change Repurchase Notice has been withdrawn in compliance with this Indenture, or (ii) held by it during the continuance of an Event of Default (other than a default that is cured by the payment of the Fundamental Change Repurchase Price with respect to such Securities) in which case, upon such return, the Fundamental Change Repurchase Notice with respect thereto shall be deemed to have been withdrawn.

Appears in 4 contracts

Samples: Indenture (Intel Corp), Indenture (Xilinx Inc), Indenture (Intel Corp)

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No Payment During Events of Default. There shall be no repurchase of any Securities Notes pursuant to this Section 8.01 5.01 if there has occurred (prior to, on or after, as the case may be, the giving, by the Holders of such SecuritiesNotes, of the required Fundamental Change Repurchase Notice) and is continuing an Event of Default (other than a default that is cured by the payment of the Fundamental Change Repurchase Price with respect to such SecuritiesNotes). The Paying Agent will promptly return to the respective Holders thereof any Securities Notes (i) with respect to which a Fundamental Change Repurchase Notice has been withdrawn in compliance with this First Supplemental Indenture, or (ii) held by it during the continuance of an Event of Default (other than a default that is cured by the payment of the Fundamental Change Repurchase Price with respect to such SecuritiesNotes) in which case, upon such return, the Fundamental Change Repurchase Notice with respect thereto shall be deemed to have been withdrawn.

Appears in 2 contracts

Samples: Supplemental Indenture (TTM Technologies Inc), First Supplemental Indenture (Sonosite Inc)

No Payment During Events of Default. There shall be no repurchase of any Securities pursuant to this Section 8.01 5.01 if there has occurred (prior to, on or after, as the case may be, the giving, by the Holders of such Securities, of the required Fundamental Change Repurchase Notice) and is continuing an Event of Default (other than a default that is cured by the payment of the Fundamental Change Repurchase Price with respect to such Securities). The Paying Agent will promptly return to the respective Holders thereof any Securities (i) with respect to which a Fundamental Change Repurchase Notice has been withdrawn in compliance with this Indenture, or (ii) held by it during the continuance of an Event of Default (other than a default that is cured by the payment of the Fundamental Change Repurchase Price with respect to such Securities) in which case, upon such return, the Fundamental Change Repurchase Notice with respect thereto shall be deemed to have been withdrawn.

Appears in 2 contracts

Samples: Indenture (Borland Software Corp), Macrovision Corp

No Payment During Events of Default. There shall be no repurchase purchase of any Securities pursuant to this Section 8.01 Article 9 if there has occurred (prior to, on or after, after as the case may be, the giving, by the Holders of such Securities, of the required Fundamental Change Repurchase Notice) and is continuing an Event of Default (other than a default that is cured by in the payment of the Fundamental Change Repurchase Price Price) and the principal amount of the Securities has been accelerated in accordance with respect to the Indenture and such Securities)acceleration has not been rescinded. The Paying Agent will promptly return to the respective Holders thereof any Securities (i) with respect to which a Fundamental Change Repurchase Notice has been withdrawn in compliance with this Indenture, or (ii) held by it during the continuance of an Event of Default (other than a default that is cured by in the payment of the Fundamental Change Repurchase Price with respect to such SecuritiesPrice) in which case, upon such return, the Fundamental Change Repurchase Notice with respect thereto shall be deemed to have been withdrawn.

Appears in 2 contracts

Samples: Indenture (American Medical Systems Holdings Inc), Indenture (AMS Sales CORP)

No Payment During Events of Default. There shall be no repurchase purchase of any Securities pursuant to this Section 8.01 5.01 if there has occurred (prior to, on or after, as the case may be, the giving, by the Holders of such Securities, of the required Fundamental Change Repurchase Purchase Notice) and is continuing an Event of Default (other than a default that is cured by the payment of the Fundamental Change Repurchase Purchase Price with respect to such of the Securities). The Paying Agent will promptly return to the respective Holders thereof any Securities (i) with respect to which a Fundamental Change Repurchase Purchase Notice has been withdrawn in compliance with this Indenture, or (ii) held by it during the continuance of an Event of Default (other than a default that is cured by the payment of the Fundamental Change Repurchase Purchase Price with respect to such Securities) in which case, upon such return, the Fundamental Change Repurchase Purchase Notice with respect thereto shall be deemed to have been withdrawn.

Appears in 1 contract

Samples: Acceptance Corporation (World Acceptance Corp)

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No Payment During Events of Default. There shall be no repurchase purchase of any Securities pursuant to this Section 8.01 5.01 if there has occurred (prior to, on or after, as the case may be, the giving, by the Holders of such Securities, of the required Fundamental Change Repurchase Notice) and is continuing an Event of Default (other than a default that is cured by the payment of the Fundamental Change Repurchase Price with respect to of the Securities) and payment of the principal amount of the Securities has been and is accelerated on account of such Securities)Event of Default. The Paying Agent will promptly return to the respective Holders thereof any Securities (i) with respect to which a Fundamental Change Repurchase Notice has been withdrawn in compliance with this Indenture, or (ii) held by it during the continuance of an Event of Default (other than a default that is cured by the payment of the Fundamental Change Repurchase Price with respect to such Securities) in which case, upon such return, the Fundamental Change Repurchase Notice with respect thereto shall be deemed to have been withdrawn.

Appears in 1 contract

Samples: Indenture (Inverness Medical Innovations Inc)

No Payment During Events of Default. There shall be no repurchase of any Securities pursuant to this Section 8.01 7.01 if there has occurred (prior to, on or after, as the case may be, the giving, by the Holders of such Securities, of the required Fundamental Change Repurchase Notice) and is continuing an Event of Default (other than a default that is cured by the payment of the Fundamental Change Repurchase Price with respect to such Securities). The Paying Agent will promptly return to the respective Holders thereof any Securities (i) with respect to which a Fundamental Change Repurchase Notice has been withdrawn in compliance with this Indenture, or (ii) held by it during the continuance of an Event of Default (other than a default that is cured by the payment of the Fundamental Change Repurchase Price with respect to such Securities) in which case, upon such return, the Fundamental Change Repurchase Notice with respect thereto shall be deemed to have been withdrawn.

Appears in 1 contract

Samples: Indenture (Novellus Systems Inc)

No Payment During Events of Default. There shall be no repurchase of any Securities pursuant to this Section 8.01 5.07 if there has occurred (prior to, on or after, as the case may be, the giving, by the Holders of such Securities, of the required Fundamental Change Repurchase Notice) and is continuing an Event of Default (other than a default that is cured by the payment of the Fundamental Change Repurchase Price with respect to such Securities). The Paying Agent will promptly return to the respective Holders thereof any Securities (i) with respect to which a Fundamental Change Repurchase Notice has been withdrawn in compliance with this Indenture, or (ii) held by it during the continuance of an Event of Default (other than a default that is cured by the payment of the Fundamental Change Repurchase Price with respect to such Securities) in which case, upon such return, the Fundamental Change Repurchase Notice with respect thereto shall be deemed to have been withdrawn.

Appears in 1 contract

Samples: Dexcom Inc

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