Optional Tender Notice definition
Examples of Optional Tender Notice in a sentence
A form of the Optional Tender Notice may be obtained from the Trustee upon request.
The Tender Agent shall promptly, no later than the next Business Day following receipt of an Optional Tender Notice, give telegraphic or telephonic notice (promptly confirmed in writing) to the Trustee, the Remarketing Agent, the Company and the Credit Provider of the Tender Agent’s receipt of the notice of an Optional Tender Notice (and the related Optional Tender Date and principal amount of Tendered Bonds).
The Owner shall be deemed, by delivery of an Optional Tender Notice, to have agreed irrevocably to tender the Bond or applicable portion thereof specified therein to the Tender Agent for purchase on the Optional Tender Date fixed for purchase at a price equal to the Purchase Price.
The Owner shall be deemed, by delivery by the Owner or by such direct participant of an Optional Tender Notice, to have irrevocably agreed to tender the Bond or applicable portion thereof specified therein to the Tender Agent for purchase on the Optional Tender Date fixed for purchase at a price equal to the Purchase Price.
The written notice of Optional Tender must be substantially in the following form or in such other form as shall be acceptable to the Trustee: Optional Tender Notice ---------------------- SouthTrust Bank, National Association Attention: Corporate Trust Department ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ - ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Re: Variable/Fixed Rate Industrial Development Revenue Bonds (Color Image, Inc.