Common use of Other Offers to Repurchase Clause in Contracts

Other Offers to Repurchase. The Company shall not and shall not permit any Affiliate to make any offer to repurchase, exchange for any other security or otherwise acquire for value any First Mortgage Bond (whether or not the acceptance of such offer is conditioned upon the giving by any holder of any First Mortgage Bond of any waiver or consent) unless such offer is concurrently made on the same terms, ratably, to the holders of all Bonds then Outstanding. The foregoing provisions of this Section 8.2(b) shall not prevent or preclude:

Appears in 3 contracts

Samples: Purchase Agreement (Southwest Water Co), Bond Purchase Agreement (Southwest Water Co), Bond Purchase Agreement (Southwest Water Co)

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Other Offers to Repurchase. The Company shall not and shall not permit any Affiliate to make any offer to repurchase, exchange for any other security or otherwise acquire for value any First Mortgage Bond (whether or not the acceptance of such offer is conditioned upon the giving by any holder of any First Mortgage Bond of any waiver or consent) unless such offer is concurrently made on the same terms, ratably, to the holders of all Bonds then Outstanding. The foregoing provisions of this Section 8.2(b6.2(b) shall not prevent or preclude:

Appears in 2 contracts

Samples: Purchase Agreement (Southwest Water Co), Bond Purchase Agreement (Southwest Water Co)

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