Common use of No Repurchase Upon Acceleration Clause in Contracts

No Repurchase Upon Acceleration. Notwithstanding anything herein to the contrary, there shall be no purchase of any Securities pursuant to this Section 3.08 if the principal amount of the Securities has been accelerated, and such acceleration has not been rescinded, on or prior to the Repurchase Date (except in the case of an acceleration resulting from a default by the Company in the payment of the Repurchase Price with respect to such Securities).

Appears in 3 contracts

Samples: First Supplemental Indenture (Arris Group Inc), Indenture (Arris Group Inc), Arris Group Inc

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No Repurchase Upon Acceleration. Notwithstanding anything herein to the contrary, there shall be no purchase of any Securities pursuant to this Section 3.08 11.08 if the principal amount Accreted Principal Amount of the Securities has been accelerated, and such acceleration has not been rescinded, on or prior to the Optional Put Repurchase Date (except in the case of an acceleration resulting from a default by the Company in the payment of the Optional Put Repurchase Price with respect to such Securities).

Appears in 1 contract

Samples: Indenture (Hercules Offshore, Inc.)

No Repurchase Upon Acceleration. Notwithstanding anything herein to the contrary, there shall be no purchase of any Securities pursuant to this Section 3.08 if the principal amount Accreted Principal Amount of the Securities has been accelerated, and such acceleration has not been rescinded, on or prior to the Repurchase Date (except in the case of an acceleration Event of Default resulting from a default by the Company in the payment of the Repurchase Price with respect to such Securities).. (NY) 20543/090/INDENTURE/arm.indenture.doc

Appears in 1 contract

Samples: Indenture (Arvinmeritor Inc)

No Repurchase Upon Acceleration. Notwithstanding anything herein to the contrary, there shall be no purchase of any Securities pursuant to this Section 3.08 if the principal amount Accreted Principal Amount of the Securities has been accelerated, and such acceleration has not been rescinded, on or prior to the Repurchase Date (except in the case of an acceleration resulting from a default by the Company in the payment of the Repurchase Price with respect to such Securities).

Appears in 1 contract

Samples: Indenture (Arvinmeritor Inc)

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No Repurchase Upon Acceleration. Notwithstanding anything herein to the contrary, there shall be no purchase of any Securities pursuant to this Section 3.08 0 if the principal amount Accreted Principal Amount of the Securities has been accelerated, and such acceleration has not been rescinded, on or prior to the Repurchase Date (except in the case of an acceleration resulting from a default by the Company in the payment of the Repurchase Price with respect to such Securities).

Appears in 1 contract

Samples: Indenture (Arvinmeritor Inc)

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