Right to Repay Principal Amount in Trust Units. (a) Subject to the other provisions of this Section 4.10, the Trust may, at its option, elect to satisfy its obligation to repay the principal amount of all or any portion of the principal amount of the Debentures outstanding by issuing and delivering to holders on the maturity of such Debentures (the “Maturity Date”) that number of Freely Tradeable Trust Units obtained by dividing the $1,000 principal amount of the Debentures by 95% of the Current Market Price of the Trust Units on the Maturity Date (the “Unit Repayment Right”).
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Right to Repay Principal Amount in Trust Units. (a) Subject to the other provisions of this Section 4.10, the Trust may, at its option, in exchange for or in lieu of paying the Redemption Price in money, elect to satisfy its obligation to repay the principal amount of all or any portion of the principal amount of the Debentures outstanding by issuing and delivering to holders on the maturity of such Debentures (the “"Maturity Date”") that number of Freely Tradeable Trust Units obtained by dividing the $1,000 principal amount of the Debentures by 95% of the Current Market Price of the Trust Units on the Maturity Date (the “"Unit Repayment Right”").
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Right to Repay Principal Amount in Trust Units. (a) Subject to the other provisions of this Section 4.10, the Trust may, at its optionoption in exchange for or in lieu of paying the Redemption Price in money, elect to satisfy its obligation to repay the principal amount of all or any portion of the principal amount of the Debentures outstanding by issuing and delivering to holders on the maturity of such Debentures (the “Maturity Date”) that number of Freely Tradeable Trust Units obtained by dividing the $1,000 principal amount of the Debentures by 95% of the Current Market Price of the Trust Units on the Maturity Date (the “Unit Repayment Right”).
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Right to Repay Principal Amount in Trust Units. (a) Subject to the other provisions of this Section 4.10, the Trust may, at its option, in exchange for or in lieu of paying the Redemption Price in money, elect to satisfy its obligation to repay the principal amount of all or any portion of the principal amount of the Debentures outstanding by issuing and delivering to holders on the maturity of such Debentures (the “Maturity Date”"MATURITY DATE") that number of Freely Tradeable Trust Units obtained by dividing the $1,000 principal amount of the Debentures by 95% of the then Current Market Price of the Trust Units on the Maturity Date (the “Unit Repayment Right”"UNIT REPAYMENT RIGHT").
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Samples: Harvest Energy Trust
Right to Repay Principal Amount in Trust Units. (a) Subject to the other provisions of this Section 4.10, the Trust may, at its optionoption in exchange for or i n lieu of paying the Redemption Price in money, elect to satisfy its obligation to repay the principal amount of all or any portion of the principal amount of the Debentures outstanding by issuing and delivering to holders on the maturity of such Debentures (the “"Maturity Date”") that number of Freely Tradeable Trust Units obtained by dividing the $1,000 principal amount of the Debentures by 95% of the Current Market Price of the Trust Units on the Maturity Date (the “"Unit Repayment Right”").
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Right to Repay Principal Amount in Trust Units. (a) Subject to the other provisions of this Section 4.10, the Trust may, at its option, elect to satisfy its obligation to repay the principal amount of all or any portion of the principal amount of the Debentures outstanding by issuing and delivering to holders on the maturity of such Debentures (the “"Maturity Date”") that number of Freely Tradeable Trust Units obtained by dividing the $1,000 principal amount of the Debentures by 95% of the Current Market Price of the Trust Units on the Maturity Date (the “"Unit Repayment Right”").
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