Common use of Notes Held by Company Clause in Contracts

Notes Held by Company. Solely for the purpose of determining whether the holders of the requisite percentage of the aggregate principal amount of Notes then outstanding approved or consented to any amendment, waiver or consent to be given under this Agreement or the Notes, or have directed the taking of any action provided herein or in the Notes to be taken upon the direction of the holders of a specified percentage of the aggregate principal amount of Notes then outstanding, Notes directly or indirectly owned by the Company or any of its Affiliates shall be deemed not to be outstanding.

Appears in 4 contracts

Samples: Note Purchase Agreement (Unified Western Grocers Inc), Securities Purchase Agreement (Trestle Holdings, Inc.), Note Purchase Agreement (ZBB Energy Corp)

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Notes Held by Company. Solely for the purpose of determining whether the holders of the requisite percentage of the aggregate principal amount of Notes then outstanding approved or consented to any amendment, waiver or consent to be given under this Agreement Agreement, any Supplement or the Notes, or have directed the taking of any action provided herein herein, in any Supplement or in the Notes to be taken upon the direction of the holders of a specified percentage of the aggregate principal amount of Notes then outstanding, Notes directly or indirectly owned by the Company or any of its Affiliates shall be deemed not to be outstanding.

Appears in 1 contract

Samples: Note Purchase Agreement (Essential Utilities, Inc.)

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