Common use of Qualified Marketmaker Clause in Contracts

Qualified Marketmaker. (a) A Qualified Marketmaker (as defined below) that acquires any of the Notes solely with the purpose and intent of acting as a Qualified Marketmaker for such Notes, shall not be required to execute and deliver a Joinder or otherwise agree to be bound by the terms and conditions set forth in this Agreement if such Qualified Marketmaker substantially concurrently with such acquisition transfers such Notes (by purchase, sale, assignment, participation, or otherwise) to a Deferring Noteholder or other permitted joining party that properly executes and delivers a Joinder pursuant to Section 3(d) hereof; and (b) to the extent any Party who has signed this Agreement is acting in its capacity as a Qualified Marketmaker, such Party may transfer any Note that it acquires from a holder of the Notes that is not a Deferring Noteholder to a transferee that is not a Deferring Noteholder at the time of such transfer without the requirement that such transferee be or become a Deferring Noteholder. For the

Appears in 2 contracts

Sources: Indenture, Indenture

Qualified Marketmaker. (a) A Qualified Marketmaker (as defined below) that acquires any of the Notes solely with the purpose and intent of acting as a Qualified Marketmaker for such Notes, shall not be required to execute and deliver a Joinder joinder or otherwise agree to be bound by the terms and conditions set forth in this Agreement if such Qualified Marketmaker substantially concurrently with such acquisition transfers such Notes (by purchase, sale, assignment, participation, or otherwise) to a Deferring Consenting Noteholder or other permitted permited joining party that properly executes and delivers a Joinder joinder to this Agreement pursuant to Section 3(d) hereof3(c); and (b) to the extent any Party who has signed this Agreement is acting in its capacity as a Qualified Marketmaker, such Party may transfer any Note that it acquires from a holder of the Notes that is not a Deferring Consenting Noteholder to a transferee that is not a Deferring Consenting Noteholder at the time of such transfer without the requirement that such transferee be or become a Deferring Consenting Noteholder. For thethe purposes of this Agreement, “Qualified Marketmaker” means an entity that

Appears in 2 contracts

Sources: Recapitalization Support Agreement, Interest Deferral Agreement