Common use of Procedure upon Purchase Clause in Contracts

Procedure upon Purchase. On the Business Day following the Purchase Date, the Company shall deposit with the Paying Agent (A) Cash (in respect of a Cash purchase under Section 1108(c) or for fractional interests, as applicable), or (B) shares of Common Stock, or a combination of (A) and (B), as applicable, sufficient to pay the aggregate Purchase Price in respect of the Securities to be purchased pursuant to this Section 1108. As soon as practicable after the Purchase Date, the Company shall deliver to each Holder entitled to receive Common Stock, through the Paying Agent, a certificate for the number of full shares of Common Stock, as applicable, issuable in payment of such Purchase Price and Cash in lieu of any fractional interests. The Person in whose name the certificate for Common Stock is registered shall be treated as a holder of record following the Purchase Date. Subject to Section 1108(d), no payment or adjustment will be made for dividends on the Common Stock the record date for which occurred on or prior to the Purchase Date.

Appears in 2 contracts

Samples: Supplemental Indenture (Cooper Cameron Corp), Supplemental Indenture (Cooper Cameron Corp)

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Procedure upon Purchase. On the Business Day following the Purchase Date, the The Company shall deposit with the Paying Agent (A) Cash cash (in respect of a Cash cash purchase under Section 1108(c3.08(c) or for fractional interests, interests as applicable), ) or (B) shares of Common Stock, or a combination of (A) and (B)thereof, as applicable, at the time and in the manner as provided in Section 3.11, sufficient to pay the aggregate Purchase Price in of, and any accrued and unpaid contingent interest with respect of the to all Securities to be purchased pursuant to this Section 11083.08. As soon as practicable after the Purchase Date, the Company shall deliver to each Holder entitled to receive Common Stock, Stock through the Paying Agent, a certificate for the number of full shares of Common Stock, as applicable, Stock issuable in payment of such the Purchase Price and Cash cash in lieu of any fractional interests. The Person person in whose name the certificate for Common Stock is registered shall be treated as a holder of record of shares of Common Stock on the Business Day following the Purchase Date. Subject to Section 1108(d3.08(d), no payment or adjustment will be made for dividends on the Common Stock the record date for which occurred on or prior to the Purchase Date.

Appears in 2 contracts

Samples: Indenture (Mesa Air Group Inc), Indenture (Mesa Air Group Inc)

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Procedure upon Purchase. On the Business Day following the Purchase Date, the Company shall deposit with the Paying Agent (A) Cash (in respect of a Cash purchase under Section 1108(c3.8(c) or for fractional interests, as applicable), or (B) shares of Common Stock, or a combination of (A) and (B), as applicable, sufficient to pay the aggregate Purchase Price in respect of the Securities to be purchased pursuant to this Section 11083.8. As soon as practicable after the Purchase Date, the Company shall deliver to each Holder entitled to receive Common Stock, through the Paying Agent, a certificate for the number of full shares of Common Stock, as applicable, issuable in payment of such Purchase Price and Cash in lieu of any fractional interests. The Person in whose name the certificate for Common Stock is registered shall be treated as a holder of record following the Purchase Date. Subject to Section 1108(d3.8(d), no payment or adjustment will be made for dividends on the Common Stock the record date for which occurred on or prior to the Purchase Date.

Appears in 2 contracts

Samples: Indenture (Atmel Corp), Indenture (Atmel Corp)

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