Purchase Demand definition
Examples of Purchase Demand in a sentence
In the event that a Note is transferred in connection with a Purchase Demand either during the period referred to in clause (i) or after being selected for redemption in whole or in part, the Note Registrar or the Authenticating Agent, as appropriate, shall give written notice to any transferee thereof that such Note may be, or has been, selected for redemption, as the case may be.
Upon receipt of a Purchase Demand, the Trustee shall notify the Remarketing Agent by telephone, promptly confirmed in writing, or by facsimile, of the principal amount of Bonds or Beneficial Ownership Interests to be purchased on the Optional Tender Date.
In connection with any Loan Purchase Demand under this Agreement, Obligor agrees to execute an Assignment and Acceptance in the form required by the terms of the Loan Agreement.
Delivery of a Purchase Demand shall be irrevocable and shall bind the Owner or Beneficial Owner, as the case may be, to tender his, her or its Bonds or Beneficial Ownership Interests for purchase on the Optional Tender Date as provided in Section 305 hereof.
If the Guaranteed Amount is determined as of a date on which there is a Reduction Amount greater than zero dollars ($0), then the Loan Purchase Demand under this subsection 2.02 shall also set forth the calculation of the Reduction Amount.
The determination by the Trustee as to whether a Purchase Demand has been properly delivered pursuant to this Section 303 shall be conclusive and binding upon the Owners or Beneficial Owners of the Bonds.
The Allottee hereby covenants not to exercise the Share Option Purchase Demand right stipulated in Articles 118, 777, 787, and 808 of the Companies Act of Japan under any circumstances.
Delivery of a Purchase Demand shall be irrevocable and shall bind the Owner or Beneficial Owner, as the case may be, to tender his, her or its Bonds or Beneficial Ownership Interests for purchase on the Optional Tender Date as provided in Section 408 hereof.
Documents (as defined therein), the Company is obligated (among other matters) to reimburse the Bank for all funds drawn under the Letter of Credit to purchase Bonds tendered pursuant to a Purchase Demand (as defined in the Indenture) under the Indenture which funds are not reimbursed to the Bank immediately following such drawing with remarketing proceeds received by the Remarketing Agent under the Indenture.
For purposes of this subsection 2.02, if the Loan Purchase Demand is based on a Loan Default, then the Guaranteed Amount shall be determined as of the date of such Loan Default, and if the Loan Purchase Demand is based on an Event of Default, then the Guaranteed Amount shall be determined as of the date of such Event of Default.