Common use of Reestablishment of Corporate Units Clause in Contracts

Reestablishment of Corporate Units. (a) At any time on or prior to the seventh Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury Units shall have the right to reestablish Corporate Units by substitution of Debentures or security entitlements to them for Pledged Treasury Securities in integral multiples of [13] Treasury Units by:

Appears in 2 contracts

Samples: Pledge Agreement (New Nisource Inc), Pledge Agreement (Nisource Inc)

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Reestablishment of Corporate Units. (a) At any time on or prior to the seventh Business Day immediately preceding the Purchase Contract Settlement Date, a Holder of Treasury Units shall have the right to reestablish Corporate Units by substitution of Debentures or security entitlements to them for Pledged Treasury Securities in integral multiples of [13] 13 Treasury Units by:

Appears in 2 contracts

Samples: Pledge Agreement (New Nisource Inc), Pledge Agreement (New Nisource Inc)

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