Common use of Purchase of Securities at the Option of the Holder Clause in Contracts

Purchase of Securities at the Option of the Holder. (a) On June 1, 2018 (the “Purchase Date”), at a Purchase Price, which shall be paid in cash, equal to 100% of the principal amount of the Securities to be repurchased plus accrued and unpaid interest, including any Contingent Interest, to but excluding the Purchase Date (unless the Purchase Date is between a Regular Record Date and the interest payment date to which it relates, in which case such accrued and unpaid interest will be paid to the Holder as of such Regular Record Date), a Holder shall have the option to require the Company to purchase all or a portion of the outstanding Securities held by such Holder, upon:

Appears in 3 contracts

Samples: Trinity Industries Inc, Indenture (Trinity Industries Inc), Trinity Industries Inc

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Purchase of Securities at the Option of the Holder. (a) On June 1, 2018 (the “Purchase Date”), at a Purchase Price, which shall be paid in cash, equal to 100% of the principal amount of the Securities to be repurchased plus accrued and unpaid interest, including any Contingent Interest, to but excluding the Purchase Date (unless the Purchase Date is between a Regular Record Date and the interest payment date to which it relates, in which case such accrued and unpaid interest will be paid to the Holder as of such Regular Record Date), a Holder shall have the option to require the Company to purchase all or a portion of the any outstanding Securities held by such HolderSecurities, upon:

Appears in 1 contract

Samples: Trinity Industries Inc

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