Common use of Notice and Offer Clause in Contracts

Notice and Offer. In the event of a Transfer where the Company has elected to apply all or a portion of the Net Proceeds Amount of such Transfer as a Debt Prepayment Application pursuant to Section 10.5(b), the Company shall, no later than the 305th day following the date of such Transfer, give written notice of such event (an “Asset Disposition Prepayment Event”) to each holder of Notes. Such notice shall contain, and shall constitute, an irrevocable offer to prepay a Ratable Portion of the Notes held by such holder on the date (which shall be a Business Day) specified in such notice (the “Asset Disposition Prepayment Date”) which date shall be not less than 30 days and not more than 60 days after such notice.

Appears in 11 contracts

Samples: Sixteenth Supplemental Indenture (New Jersey Resources Corp), Supplemental Indenture (New Jersey Resources Corp), Supplemental Indenture (New Jersey Resources Corp)

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Notice and Offer. In the event of a Transfer Disposition of any assets of the Company or any Restricted Subsidiary where the Company has elected to apply all or a portion of the Net Proceeds Amount net proceeds of such Transfer as a Debt Prepayment Application Disposition pursuant to Section 10.5(b), the Company shall, no later than the 305th day following the date of such TransferDisposition, give written notice of such event (an a Asset Disposition Sale of Assets Prepayment Event”) to each holder of Notes. Such notice shall contain, and shall constitute, an irrevocable offer to prepay a Ratable Portion of the Notes held by such holder on the date (which shall be a Business Day) specified in such notice (the “Asset Disposition Sale of Assets Prepayment Date”) which date shall be not less than 30 days and not more than 60 days after such notice.

Appears in 10 contracts

Samples: Note Purchase Agreement (Mettler Toledo International Inc/), Note Purchase Agreement (Mettler Toledo International Inc/), Note Purchase Agreement (Mettler Toledo International Inc/)

Notice and Offer. In the event of a Transfer where the Company has elected to apply all or a portion of the Net Proceeds Amount of such Transfer as a Debt Prepayment Application pursuant to Section 10.5(b), the Company shall, no later than the 305th day following the date of such Transfer, give written notice of such event (an “Asset Disposition Prepayment Event”) to each holder of Notes. Such notice shall contain, and shall constitute, an irrevocable offer to prepay a Ratable Portion of the Notes held by such holder on the date (which shall be a Business Day) specified in such notice (the “Asset Disposition Prepayment Date”) which date shall be not less than 30 days and not more than 60 days after such notice.

Appears in 3 contracts

Samples: Note Purchase Agreement (New Jersey Resources Corp), Note Purchase Agreement (New Jersey Resources Corp), New Jersey Resources Corp

Notice and Offer. In the event of a Transfer Disposition of any assets of the Company or any Restricted Subsidiary where the Company has elected to apply all or a portion of the Net Proceeds Amount net proceeds of such Transfer as a Debt Prepayment Application Disposition pursuant to Section 10.5(b10.6(b), the Company shall, no later than the 305th day following the date of such TransferDisposition, give written notice of such event (an a Asset Disposition Sale of Assets Prepayment Event”) to each holder of Notes. Such notice shall contain, and shall constitute, an irrevocable offer to prepay a Ratable Portion of the Notes held by such holder on the date (which shall be a Business Day) specified in such notice (the “Asset Disposition Sale of Assets Prepayment Date”) which date shall be not less than 30 days and not more than 60 days after such notice.

Appears in 2 contracts

Samples: Note Purchase Agreement (Perkinelmer Inc), Note Purchase Agreement (Perkinelmer Inc)

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Notice and Offer. In the event of a Transfer Disposition of any assets of the Company or any Restricted Subsidiary where the Company has elected to apply all or a portion of the Net Proceeds Amount net proceeds of such Transfer as a Debt Prepayment Application Disposition pursuant to Section 10.5(b), the Company shall, no later than the 305th day following the date of such TransferDisposition, give written notice of such event (an a Asset Disposition Sale of Assets Prepayment Event”) to each holder of Notes. Such notice shall contain, and shall constitute, an irrevocable offer to prepay a Ratable Portion of the Notes held by such holder on the date (which shall be a Business Day) specified in such notice (the “Asset Disposition Sale of Assets Prepayment Date”) which date shall be not less than 30 days and not more than 60 days after such notice.. (b)

Appears in 1 contract

Samples: Note Purchase Agreement

Notice and Offer. In the event of a Transfer Disposition of any assets of the Company or any Subsidiary where the Company is required to or has elected to apply all or a portion the net proceeds of such Disposition pursuant to clause (ii)(B) of the Net Proceeds Amount second paragraph of such Transfer as a Debt Prepayment Application pursuant to Section 10.5(b)10.7, the Company shall, no later than the 305th 335th day following the date of any such TransferDisposition, give written notice of such event (an a Asset Disposition Sale of Assets Prepayment Event”) to each holder of Notes. Such notice shall contain, and shall constitute, an irrevocable offer to prepay a Ratable Portion of the Notes held by such holder on the date (which shall be a Business Day) specified in such notice (the “Asset Disposition Sale of Assets Prepayment Date”) which such date shall be a Business Day not less than 30 days and not more than 60 days after the date of such noticeoffer.

Appears in 1 contract

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

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