Examples of First Stock Purchase Date in a sentence
Thereafter, the Collateral Agent shall promptly remit the Proceeds in excess of the aggregate Purchase Price for the shares of Common Stock to be issued on the First Stock Purchase Date under such Stock Purchase Contracts to the Stock Purchase Contract Agent for payment to the Holders of the Normal Common Equity Units to which such Series C Debt Securities relate.
After the First Stock Purchase Date, the Debentures shall be entitled to the benefits of the Events of Default set forth in Section 501 of the Indenture.
Such right will be exercisable only upon delivery of notice to the Trustee Sixth Supplemental Indenture on or prior to 11:00 a.m., New York City time, on the second Business Day prior to the First Stock Purchase Date (a “Put Notice”).
If a Put Notice shall have been duly given, the Separate Debentures to which the Put Notice relates shall become due and payable on the First Stock Purchase Date, and the Company shall redeem, such Debentures for a Redemption Price per Debenture equal to 100% of their principal amount.
After the First Stock Purchase Date, the Debentures will be subject to Sections 1302 and 1303 of the Indenture unless the Company makes the election set forth in Section 2.2(a)(iii).
If there is a Failed Remarketing, each Holder of Debentures that are Separate Debentures will have the right to require the Company to redeem all or a portion of its Separate Debentures, but excluding any Additional Debentures, on the First Stock Purchase Date (the “Put Right”).
TREASURY UNITS The undersigned Holder directs that a certificate (including in book-entry if requested by the Holder) for shares of Common Stock deliverable upon settlement on or after the [Third] [Second] [First] Stock Purchase Date of the Stock Purchase Contracts underlying the number of Treasury Units issued pursuant to the Purchase Contract Agreement, dated as of May 16, 2008, between American International Group, Inc.
Treasury Units The undersigned Holder directs that a certificate (including in book-entry if requested by the Holder) for shares of Common Stock deliverable upon settlement on or after the [Third] [Second] [First] Stock Purchase Date of the Stock Purchase Contracts underlying the number of Treasury Units issued pursuant to the Purchase Contract Agreement, dated as of May 16, 2008, between American International Group, Inc.
CORPORATE UNITS The undersigned Holder directs that a certificate (including in book-entry if requested by the Holder) for shares of Common Stock deliverable upon settlement on or after the [Third] [Second] [First] Stock Purchase Date of the Stock Purchase Contracts underlying the number of Corporate Units issued pursuant to the Purchase Contract Agreement, dated as of May 16, 2008, between American International Group, Inc.
The “Stated Amount” of each Corporate Unit evidenced hereby shall (i) from and including May 16, 2008 to but excluding the First Stock Purchase Date, be $75.00, (ii) from and including the First Stock Purchase Date to but excluding the Second Stock Purchase Date, be $50.00 and (iii) from and including the Second Stock Purchase Date to but excluding the Third Stock Purchase Date, be $25.00.