Common use of Repurchase of Notes Clause in Contracts

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes.

Appears in 3 contracts

Samples: Note Agreement (Universal Forest Products Inc), Note Agreement (Universal Forest Products Inc), Note Agreement (Universal Forest Products Inc)

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Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 3 contracts

Samples: Note Agreement (Financial Federal Corp), Note Agreement (PLM Equipment Growth Fund), Note Agreement (Professional Lease Management Income Fund I LLC)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 2 contracts

Samples: Note Agreement (Petroleum Heat & Power Co Inc), Purchase Agreements (Petroleum Heat & Power Co Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or AffiliateAffiliate will, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the Company or such Affiliate has offered to repurchase all Notes from all holders of Notes upon the same terms. If the Company repurchases any Notes, such Notes shall thereafter be canceled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Note Purchase Agreement (Pioneer Standard Electronics Inc)

Repurchase of Notes. Neither the Company nor any Restricted Consolidated Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase Notes of either class (Senior Secured Notes or Subordinated Secured Notes) unless the offer has been made to repurchase Notes of such class, pro rata, from all holders of the Notes of such class at the same time and upon the same terms. In case the Company repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Trust Indenture (Ramsay Health Care Inc)

Repurchase of Notes. Neither the Company Guarantor nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless an offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Guarantor repurchases or otherwise acquires any Notes, such Notes shall immediately thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Guaranty Agreement (Energysouth Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company or any Restricted Subsidiary or Affiliate repurchases any Notes, such Notes shall thereafter be canceled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Note Purchase Agreement (Pentair Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer has been made to repurchase Notes., pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor. Petroleum Heat and Power Co., Inc. Note Agreement

Appears in 1 contract

Samples: Note Agreement (Petroleum Heat & Power Co Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes, or portion thereof, unless the offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor and the Company shall give prompt written notice of such repurchases to all remaining holders of the Notes.

Appears in 1 contract

Samples: Note Agreement (Standard Motor Products Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or AffiliateSubsidiary, directly or indirectlyindirectly through an Affiliate or otherwise, may repurchase or make any offer to repurchase any Notes unless the offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the company repurchases any Notes such Notes shall thereafter be canceled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Note Agreement (Nash Finch Co)

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Repurchase of Notes. Neither the The Company will not, nor will it permit any Restricted Subsidiary or AffiliateAffiliate to, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the Company or such Affiliate has offered to repurchase Notes, pro rata, from all holders of the Notes at the time outstanding and upon the same terms. In case the Company or any such Affiliate repurchases any Notes pursuant to this Section 10.6, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Note Agreement (New England Electric System)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless an offer has been made to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company repurchases or otherwise acquires any Notes, such Notes shall immediately thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Energysouth Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer has been made in writing to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company or any Subsidiary repurchases any Notes, such Notes shall thereafter be canceled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Note Agreement (Johnson Worldwide Associates Inc)

Repurchase of Notes. Neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase or make any offer to repurchase any Notes unless the offer has been made in writing to repurchase Notes, pro rata, from all holders of the Notes at the same time and upon the same terms. In case the Company or any Subsidiary repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Note Agreement (Johnson Worldwide Associates Inc)

Repurchase of Notes. Neither Except as specifically provided herein or in the Restated Articles, neither the Company nor any Restricted Subsidiary or Affiliate, directly or indirectly, may repurchase repurchase, or make any offer to repurchase, any Notes unless the offer has been made to repurchase such Notes, pro rata, from all holders thereof at the same time and upon the same terms. In case the Company repurchases any Notes, such Notes shall thereafter be cancelled and no Notes shall be issued in substitution therefor.

Appears in 1 contract

Samples: Note Agreement (Petroleum Heat & Power Co Inc)

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