Repayment at Option of Holders. SECTION 1301.
Repayment at Option of Holders. (a) Each Holder of Trust Securities, including the Collateral Agent, shall have the right to require the Trust to repay all or a portion of the Trust Securities owned by or pledged with such Holder (the "Put Option") on the Business Day immediately preceding the Purchase Contract Settlement Date (the "Put Option Exercise Date") at a repayment price of $_____ per Trust Security plus an amount equal to accrued Distributions thereon to the date of payment [plus -- insert applicable repayment premium, if any] (the "Put Option Repayment Price").
(b) The Trust will obtain funds to pay the Put Option Repayment Price of Trust Securities being repaid under the Put Option by presenting to the Depositor, pursuant to the Trust's right under the Debentures to require the Depositor to repay all or a portion of the Debentures on the Put Option Exercise Date, Debentures in an aggregate principal amount equal to the aggregate stated Liquidation Amount of such Trust Securities for repayment on the Put Option Exercise Date at the Debenture Repayment Price (as defined in the Debentures).
(c) In order for the Trust Securities to be repaid on the Put Option Exercise Date, the Trust must receive at the Corporate Trust Office of the Property Trustee, either (i) not less than 10 or more than 30 days prior to the Put Option Exercise Date, the Trust Securities to be repaid with the form entitled "Option to Elect Repayment" on the reverse thereof or otherwise accompanying such Trust Security duly completed. Any such notice received by the Trust shall be irrevocable. All questions as to the validity, eligibility (including time of receipt) and acceptance of the Trust Securities for repayment shall be determined by the Trust, whose determination shall be final and binding. Notwithstanding the foregoing, so long as the Holder is the Collateral Agent, such notice to elect repayment may be delivered to the Trust at any time prior to _______ a.m., New York City time, on the Put Option Exercise Date and in the form and manner as may be designated by the Collateral Agent.
Repayment at Option of Holders. Applicability of Article. Repayment of Securities of any series before their Stated Maturity at the option of Holders thereof shall be made in accordance with the terms of such Securities and (except as otherwise specified as contemplated by Section 301 for Securities of any series) in accordance with this Article 13.
Repayment at Option of Holders. Any series of Securities may, if so specified in accordance with Section 2.02, have provisions for the repayment of such Securities before their Maturity at the option of Holders of Securities of such series. The terms and requirements of any such repayment and option will be established in the manner contemplated by Section 2.02 for that particular series of Securities.
Repayment at Option of Holders. Holders will not have the option to have the Shares redeemed prior to the term redemption date.
Repayment at Option of Holders. 76 Section 13.01 Applicability of Article..................................................................76
Repayment at Option of Holders. SECTION 1301. Applicability of Article
Repayment at Option of Holders. (a) Holders of the Notes may require the Operating Partnership to repurchase all but not less than all of the Notes at a purchase price equal to 100% of the principal amount
Repayment at Option of Holders. 88 Section 13.1 Applicability of Article..............................................................88 Section 13.2 Election to Repay; Notice to the Company..............................................88
Repayment at Option of Holders. SECTION 1. The Bonds of 2007 Series shall be repayable on October 15, 2004, at the option of the respective holders thereof, at 100% of their principal amount, together with accrued and unpaid interest to October 15, 2004, in accordance with the procedures set forth in the form of Bond of 2007 Series contained in Section 2 of Part I hereof.
SECTION 2. All Bonds of 2007 Series repaid pursuant to the provisions of this Part IV shall forthwith be canceled.
