Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Company is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Company to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided that the right to convert the Debentures has not terminated pursuant to Section 9.01, the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Company’s offer, respectively.
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Samples: First Supplemental Indenture (Dirtt Environmental Solutions LTD)
Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Company Issuer is not made or the payment of the purchase price of any Debenture which has been tendered pursuant to the Put Right in acceptance of an offer by the Company Issuer to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided that the right to convert the Debentures Time of Expiry has not terminated pursuant to Section 9.01passed, the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the CompanyIssuer’s offer, respectively.
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Samples: Trust Indenture (Algonquin Power & Utilities Corp.)
Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Company REIT is not made or the payment of the purchase price of any Debenture which has been tendered in acceptance of an offer by the Company REIT to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided that the right to convert the Debentures Time of Expiry has not terminated pursuant to Section 9.01passed, the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the CompanyREIT’s offer, respectively.
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Samples: Trust Indenture
Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Company Trust is not made or the payment of the purchase price of any Debenture which has been tendered pursuant to the Put Right in acceptance of an offer by the Company Trust to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided that the right to convert the Debentures Time of Expiry has not terminated pursuant to Section 9.01passed, the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the Company’s Trust's offer, respectively.
Appears in 1 contract
Samples: Algonquin Power Income Fund
Revival of Right to Convert. If the redemption of any Debenture called for redemption by the Company Issuer is not made or the payment of the purchase price of any Debenture which has been tendered pursuant to the Change of Control Offer in acceptance of an offer by the Company Issuer to purchase Debentures for cancellation is not made, in the case of a redemption upon due surrender of such Debenture or in the case of a purchase on the date on which such purchase is required to be made, as the case may be, then, provided that the right to convert the Debentures Time of Expiry has not terminated pursuant to Section 9.01passed, the right to convert such Debentures shall revive and continue as if such Debenture had not been called for redemption or tendered in acceptance of the CompanyIssuer’s offer, respectively.
Appears in 1 contract
Samples: Trust Indenture (Algonquin Power & Utilities Corp.)