No Remarketing under Certain Conditions Sample Clauses

No Remarketing under Certain Conditions. Notwithstanding anything to the contrary herein provided, the Bonds shall not be remarketed unless (i) a Letter of Credit providing for the payment of the principal of and interest on, and purchase price of, the Bonds will be in effect following the remarketing of such Bonds, or (ii) no such Letter of Credit will be in effect, but at the time of such remarketing, the Bonds are rated, such rating is satisfactory to the Remarketing Agent in its sole discretion, and such rating is an Investment Grade Rating.
AutoNDA by SimpleDocs
No Remarketing under Certain Conditions. Notwithstanding anything to the contrary herein provided, the Series 2014_ Bonds shall not be remarketed unless (i) a Credit Facility providing for the payment of the principal of and interest on, and Purchase Price of, the Series 2014_ Bonds will be in effect following the remarketing of such Series 2014_ Bonds, except as provided in Section 3.01(g) or (ii) no such Credit Facility will be in effect, but following the remarketing of such Series 2014_ Bonds, the Series 2014_ Bonds will bear interest at a Fixed Rate or an Index Interest Rate. Notwithstanding anything to the contrary herein provided, the Series 2014_ Bonds shall not be remarketed following a Mandatory Purchase Date occurring at the Credit Provider’s direction unless and until the Remarketing Agent has received the consent of the Credit Provider to such remarketing.

Related to No Remarketing under Certain Conditions

  • Certificateholders May Not Bring Suit Except Under Certain Conditions A Certificateholder shall not have the right to institute any suit, action or proceeding at law or in equity or otherwise with respect to this Agreement, for the appointment of a receiver or for the enforcement of any other remedy under this Agreement, unless:

  • Redemption and Repurchase; Discharge Prior to Redemption or Maturity This Note is subject to optional redemption, and may be the subject of an Offer to Purchase, as further described in the Indenture. There is no sinking fund or mandatory redemption applicable to this Note. If the Company deposits with the Trustee money or U.S. Government Obligations sufficient to pay the then outstanding principal of, premium, if any, and accrued interest on the Notes to redemption or maturity, the Company may in certain circumstances be discharged from the Indenture and the Notes or may be discharged from certain of its obligations under certain provisions of the Indenture.

  • No Mandatory Redemption The Company shall not be required to make mandatory redemption payments with respect to the Securities.

  • Conversion Rate Adjustments where Converting Holders Participate in the Relevant Transaction or Event Notwithstanding anything to the contrary in this Indenture or the Notes, if:

  • Purchase of Notes upon a Change of Control (a) If a Change of Control shall occur at any time, then each Holder of Notes shall have the right to require that the Company purchase such Holder’s Notes in whole or in part (equal to $2,000 or an integral multiple of $1,000 in excess thereof), at a purchase price (the “Change of Control Purchase Price”) in cash in an amount equal to 101% of the principal amount of such Notes, plus accrued and unpaid interest, if any, to, but excluding, the date of purchase (the “Change of Control Purchase Date”), pursuant to the offer described in subsection (b) of this Section (the “Change of Control Offer”) and in accordance with the procedures set forth in subsections (b), (c), (d) and (e) of this Section 3.2.

  • Repurchase of Notes Upon a Change of Control Not later than 30 days following a Change of Control, the Company will make an Offer to Purchase all outstanding Notes at a purchase price equal to 101% of the principal amount plus accrued interest to the date of purchase.

  • Withdrawal of Fundamental Change Repurchase Notice A Holder that has delivered a Fundamental Change Repurchase Notice with respect to a Note may withdraw such Fundamental Change Repurchase Notice by delivering a written notice of withdrawal to the Paying Agent at any time before the Close of Business on the Business Day immediately before the related Fundamental Change Repurchase Date. Such withdrawal notice must state:

Time is Money Join Law Insider Premium to draft better contracts faster.