Common use of Payment of Purchase Price; Remarketing Clause in Contracts

Payment of Purchase Price; Remarketing. (a) Unless a Termination Event has occurred or a Holder has settled the related Purchase Contract through a Cash Settlement pursuant to Section 5.8, an Early Settlement pursuant to Section 5.9 or a Merger Early Settlement pursuant to Section 5.10, the settlement of the Purchase Contract relating to a PIES will be made by Remarketing in accordance with Section 2 of the Remarketing Agreement.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Sierra Pacific Resources /Nv/), Purchase Contract Agreement (Sierra Pacific Resources /Nv/)

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Payment of Purchase Price; Remarketing. (a) Unless a Termination Event has occurred or a Holder has settled the related Purchase Contract through a Cash Settlement pursuant to Section 5.8, an Early Settlement pursuant to Section 5.9 or a Merger Early Settlement pursuant to Section 5.10, the settlement of the Purchase Contract relating to a PIES will be made by Remarketing in accordance with this Section 2 of the Remarketing Agreement5.3.

Appears in 1 contract

Samples: Purchase Contract Agreement (Sierra Pacific Resources)

Payment of Purchase Price; Remarketing. (a) Unless a Termination Event or a Tax Event Redemption has occurred or a Holder has settled the related Purchase Contract through a Cash Settlement pursuant to Section 5.8, 5.9 or an Early Settlement pursuant to Section 5.9 or a Merger Early Settlement pursuant to Section 5.105.9, the settlement of the Purchase Contract relating to a PIES Security will be made by Remarketing in accordance with this Section 2 of the Remarketing Agreement5.4.

Appears in 1 contract

Samples: Purchase Contract Agreement (Dominion Resources Inc /Va/)

Payment of Purchase Price; Remarketing. (a) Unless a Termination Event has occurred or a Holder has settled the related Purchase Contract through a Cash Settlement pursuant to Section 5.8, an Early Settlement pursuant to Section 5.9 or a Merger Early Settlement pursuant to Section 5.10, the settlement of the Purchase Contract relating to a PIES Units will be made by Remarketing in accordance with this Section 2 of the Remarketing Agreement5.3.

Appears in 1 contract

Samples: Purchase Contract Agreement (Dqe Capital Corp)

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Payment of Purchase Price; Remarketing. (a) Unless a Termination Event has occurred or a Holder has settled the related Purchase Contract through a Cash Settlement pursuant to Section 5.8, an Early Settlement pursuant to Section 5.9 or a Merger Early Settlement pursuant to Section 5.10, the settlement of 37 the Purchase Contract relating to a PIES will be made by Remarketing in accordance with this Section 2 of the Remarketing Agreement5.3.

Appears in 1 contract

Samples: Purchase Contract Agreement (Sierra Pacific Resources Capital Trust Ii)

Payment of Purchase Price; Remarketing. (a) Unless a Special Event Redemption or a Termination Event has occurred or a Holder of a Unit has settled the related underlying Purchase Contract through a Cash Settlement pursuant to Section 5.8, an Early Settlement pursuant to Section 5.9 5.7 or a Merger Early Settlement pursuant to Section 5.105.8, the settlement of the Purchase Contract relating to underlying a PIES Unit will be made by Remarketing in accordance with this Section 2 of the Remarketing Agreement5.2.

Appears in 1 contract

Samples: Purchase Contract Agreement (Teco Energy Inc)

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