Common use of Repurchase and Cancellation Clause in Contracts

Repurchase and Cancellation. To the extent permitted by law, the Company may at any time and from time to time repurchase Notes in open market purchases or by tender at any price or in negotiated transactions without giving prior notice to Holders. The Company shall surrender any Notes repurchased by the Company to the Trustee for cancellation in accordance with Section 2.12 of the Original Indenture and any such Notes repurchased by the Company shall be deemed to be no longer Outstanding. Any Notes surrendered for cancellation by the Company shall not be reissued or resold.

Appears in 4 contracts

Samples: Supplemental Indenture (Charles River Laboratories International, Inc.), Indenture (Syneos Health, Inc.), Second Supplemental Indenture (Charles River Laboratories International, Inc.)

AutoNDA by SimpleDocs

Repurchase and Cancellation. To The Company may, to the extent permitted by law, the Company may at repurchase any time and from time to time repurchase Notes in the open market purchases or by tender offer at any price or in negotiated transactions without giving prior notice to Holdersby private agreement. The Company shall surrender any Any Notes repurchased by the Company will be surrendered to the Trustee for cancellation in accordance with Section 2.12 of the Original Indenture and any cancellation, but such Notes repurchased may not be reissued or resold by the Company shall be deemed to be no longer OutstandingCompany. Any Notes surrendered for cancellation by to the Company shall Trustee may not be reissued or resoldresold and shall be promptly cancelled by the Trustee in accordance with its standard procedures.

Appears in 3 contracts

Samples: Indenture (Jarden Corp), Jarden Corp, Jarden Corp

Repurchase and Cancellation. To the extent permitted by law, the Company may at repurchase any time and from time to time repurchase Notes in open the open-market purchases or by tender at any price or in negotiated transactions without giving prior notice to the Holders. The Company shall surrender any Notes repurchased by the Company to the Trustee for cancellation in accordance with as provided by Section 2.12 309 of the Original Indenture and any such Notes repurchased by the Company shall be deemed to be no longer Outstanding. Any Notes surrendered for cancellation by the Company shall not be reissued or resold.

Appears in 2 contracts

Samples: Indenture (Annaly Capital Management Inc), Annaly Capital Management Inc

Repurchase and Cancellation. To The Company may, to the extent permitted by law, the Company may at repurchase any time and from time to time repurchase Notes in the open market purchases or by tender offer at any price or in negotiated transactions without giving prior notice to Holdersby private agreement. The Company shall surrender any Any Notes repurchased by the Company may be surrendered to the Trustee for cancellation in accordance with Section 2.12 of the Original Indenture and any cancellation, but such Notes repurchased may not be reissued or resold by the Company shall be deemed to be no longer OutstandingCompany. Any Notes surrendered for cancellation by to the Company shall Trustee may not be reissued or resoldresold and shall be promptly cancelled by the Trustee in accordance with its standard procedures.

Appears in 1 contract

Samples: Stone Energy Corp

AutoNDA by SimpleDocs

Repurchase and Cancellation. To the extent permitted by law, the Company may at any time and from time to time repurchase the Notes in open market purchases or by tender at any price or in negotiated transactions without giving prior notice to Holders. The Company shall surrender any Notes repurchased by the Company to the Trustee it for cancellation in accordance with pursuant to Section 2.12 309 of the Original Indenture and any such repurchased Notes repurchased by the Company shall be deemed to be no longer Outstanding. Any Notes surrendered for cancellation by the Company shall not be reissued or resold.

Appears in 1 contract

Samples: Supplemental Indenture (PHH Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!