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 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 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.
Further transfer of such payments and provision of such notices to the Beneficial Owners of the Bonds, and the provision of any Optional Tender Notice to the Securities Depository on behalf of any Beneficial Owner, shall be the responsibility of the Participants and Indirect Participants, in accordance with the rules and procedures of theSecurities Depository and the Book Entry System.