Protected Purchaser definition

Protected Purchaser has the meaning specified in Section 8-303 of the UCC.

Protected Purchaser. As defined in Section 8-303 of the applicable UCC, and provided that the requirements of Section 8-405 of the applicable UCC are met.

Protected Purchaser has the meaning specified in Section 2.09.

Examples of Protected Purchaser in a sentence

• If a Note is replaced pursuant to Section 2.07, it ceases to be outstanding unless the Trustee and the Company receive proof satisfactory to them that the replaced Note is held by a Protected Purchaser.

• If a Security is replaced pursuant to Section 2.07, the replaced Security ceases to be outstanding unless the Trustee and the Company receive proof satisfactory to each of them that the replaced Security is held by a Protected Purchaser unaware that such Security has been replaced, in which case the replacement security shall be deemed not to be outstanding.

• If a Security is replaced pursuant to Section 2.12, it ceases to be outstanding unless the Trustee and the Company receive proof satisfactory to them that the replaced Security is held by a Protected Purchaser.

• If a Security is replaced pursuant to Section 2.7, it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Security is held by a Protected Purchaser.

• If a Security is replaced pursuant to Section 2.07 hereof, the replaced Security ceases to be outstanding unless the Trustee and the Company receive proof satisfactory to each of them that the replaced Security is held by a Protected Purchaser unaware that such Security has been replaced, in which case the replacement security shall be deemed not to be outstanding.

More Definitions of Protected Purchaser

Protected Purchaser means a purchaser of a certificated or uncertificated security, or of an interest therein, who:

Protected Purchaser has the meaning specified in Section 305 of this Indenture.

Protected Purchaser means a protected purchaser within the meaning of Section 8-303 of the UCC of the Notes.

Protected Purchaser has the meaning specified in Section 8-303 of the Uniform Commercial Code.

Protected Purchaser means a purchaser of a certificated or uncertificated security or of an interest in a certificated or uncertificated security who:

Protected Purchaser has the meaning specified in Section 4.5 of the Credit and Security Agreement.

Protected Purchaser has the meaning specified in Section 3.06 of this Indenture.