Common use of Repurchase of Notes Clause in Contracts

Repurchase of Notes. Neither the Company nor the Registrar will repurchase or make any offer to repurchase IT Notes unless (i) such IT Notes are repurchased in order of maturity and (ii) if the Company or the Registrar has offered to purchase less than all IT Notes with a given maturity, then such IT Notes will be repurchased pro rata from all holders of such IT Notes at the time outstanding and upon the same terms. TERMINATION OF LEASE AGREEMENT; AMENDMENT OF BASIC AGREEMENTS AND NUCLEAR FUEL CONTRACTS; ADDITIONAL COVENANTS. So long as any IT Notes are outstanding:

Appears in 4 contracts

Samples: Note Purchase Agreement (System Energy Resources Inc), Note Purchase Agreement (System Energy Resources Inc), Note Purchase Agreement (System Energy Resources Inc)

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Repurchase of Notes. Neither the Company nor the Registrar will repurchase or make any offer to repurchase IT Notes unless (i) such IT Notes are repurchased in order of maturity and (ii) if the Company or the Registrar has offered to purchase less than all IT Notes with a given maturitymaturity date, then such IT Notes will be repurchased pro rata from all holders of such IT Notes at the time outstanding and upon the same terms. TERMINATION OF LEASE AGREEMENT; AMENDMENT OF BASIC AGREEMENTS AND NUCLEAR FUEL CONTRACTS; ADDITIONAL COVENANTS. So long as any IT Notes are outstanding:

Appears in 2 contracts

Samples: Note Agreement (Entergy Louisiana Inc), Note Agreement (Entergy Louisiana Inc)

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