Common use of Partial Tenders Clause in Contracts

Partial Tenders. If, pursuant to the Exchange Offer, less than all of the principal amount of any Restricted Security submitted to Exchange Agent is tendered, Exchange Agent shall, promptly after the Expiration Date, return, or cause the registrar with respect to each such Restricted Security to return, a new Restricted Security for the principal amount not being tendered to, or in accordance with the instruction of, the Holder who has made a partial tender.

Appears in 5 contracts

Samples: Exchange Agent Agreement (Atlantic Auto Funding Corp), Exchange Agent Agreement (DPL Inc), Exchange Agent Agreement (Aquila Inc)

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Partial Tenders. If, pursuant to the Exchange Offer, less than all of --------------- the principal amount of any Restricted Old Security submitted to Exchange Agent is tendered, Exchange Agent shall, promptly after the Expiration Date, return, or cause the registrar with respect to each such Restricted Old Security to return, a new Restricted Old Security for the principal amount not being tendered to, or in accordance with the instruction of, the Holder who has made a partial tender.

Appears in 1 contract

Samples: Exchange Agent Agreement (DPL Inc)

Partial Tenders. If, pursuant to the Exchange Offer, less than all of the principal amount of any Restricted Old Security submitted to Exchange Agent is tendered, Exchange Agent shall, promptly after the Expiration Date, return, or cause the registrar with respect to each such Restricted Old Security to return, a new Restricted Old Security for the principal amount not being tendered to, or in accordance with the instruction of, the Holder who has made a partial tender.

Appears in 1 contract

Samples: Exchange Agent Agreement (DPL Inc)

Partial Tenders. If, pursuant to the Exchange Offer, less than all of --------------- the principal amount of any Restricted Security submitted to Exchange Agent is tendered, Exchange Agent shall, promptly after the Expiration Date, return, or cause the registrar with respect to each such Restricted Security to return, a new Restricted Security for the principal amount not being tendered to, or in accordance with the instruction of, the Holder who has made a partial tender.

Appears in 1 contract

Samples: Exchange Agent Agreement (Dominion Resources Inc /Va/)

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Partial Tenders. If, pursuant to the Exchange Offer, less than all of --------------- the principal amount of any Restricted Security submitted to the Exchange Agent is tendered, the Exchange Agent shall, promptly after the Expiration Date, return, or cause the registrar with respect to each such Restricted Security to return, a new Restricted Security for the principal amount not being tendered to, or in accordance with the instruction of, the Holder who has made a partial tender.

Appears in 1 contract

Samples: Exchange Agent Agreement (Consolidated Coal Co)

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