Common use of Repayment Event Clause in Contracts

Repayment Event. If a Repayment Event (as defined below) occurs, Dealer shall have the right to designate an Early Termination Date pursuant to Section 6(b) of the Agreement with respect to this Transaction only to the extent of the principal amount of Reference Notes that cease to be outstanding as a result of such Repayment Event and, notwithstanding anything to the contrary herein, no payments shall be required hereunder in connection with such Repayment Event.

Appears in 2 contracts

Samples: Confirmation of Otc Convertible Note Hedge (Tektronix Inc), Confirmation of Otc Convertible Note Hedge (Tektronix Inc)

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Repayment Event. If a Repayment Event (as defined below) occurs, Dealer shall have the right to designate an Early Termination Date pursuant to Section 6(b) of the Agreement with respect to this Transaction only to the extent of the principal amount of Reference Notes that cease to be outstanding as a result of such Repayment Event and, notwithstanding anything to the contrary herein, no payments shall be required hereunder under this Agreement in connection with such Repayment Event.

Appears in 2 contracts

Samples: Confirmation of Additional Otc Convertible Note Hedge (General Cable Corp /De/), Confirmation of Otc Convertible Note Hedge (General Cable Corp /De/)

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