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HomeMy WebLinkAbout1514 , .r 1 • ! ' . ~ . • ~ . f ~ ~ ~ ~ , • - . . ~ RO11224 IMA~t: i9(~;G ' S ~ ~ r thcreof at u l~rice ~~1ual to the entire ungaid principal amonnt thereof ~ outstuncling on such date of deposit, plus accrued and unpaid interest ' and interest on overdue principal and interest and the interest which ~ ~ will accrue ou sucli amou~it to the date specified for such pnrcLase, plus the premiuu~, if auy, payable on such date, ~b) indemnify the liolders of the Notes against any obligation to repay any amonnts i•ecei~ed from the Trustee, and (c) pay any stamp or other similar tases n hich m~p be payable upon snch purchase of the Notes and the espeuses of the transfer of the Notes under the Indenture. ` jVithin 5 days after receipt bp the Trnstee of notice from Continental as specified in the preceding sentence, the Trustee ahall g?ive telegraphic ~ ; notice, to be promptly conSrmed by prepaid registered mail, to the ~ holder of each Note at its addreas as ahown on the Register maintained ' ~ ' by the Trnstee pnrsnant to Section 203 of the Indenture that. Conti- i . nental has elected to offer to pnrchase the 1\Totes held by sneL holder ; ~ pnrsuant to this paragraph 3. Snch notice shall set forth the date npon ' ~vhich snch Notes shall be pnrchased and the pnrchase price therefor ~ and shall provide that those holders electing to sell the Notes held by ~ € them on the date specified by Continental shall deposit such Notes with ~ i the Trastee on or prior to anch date. IIpon the date specified by Gon- ~ tinental for the pnrchase of the ~'otes, the Trustee shall pay to each ~ ` g holder which shall have deposited Notes held by it with the Trustee, ont of the amounts deposited by Continental in such special fund, tl~e pur- chase priee for each snch Note as provided in this paragraph 3. Any amounts remaining in snch special fnnd after payment bp the Trnstee ~ as provided above ahall be paid to Continental on the tenth busines~ ~lay follo«ing the date so speci.fied for the purchase of the \'otes, biit npon the making of Snch deposit, and notwithstanding the repayment ~ to Continental of any amounts remaining in such special fund as aforc~- ~ •aid, Continental shall be relieved of any further obligation nnder pars:- ` ~ graph 2 above with respect to the particnlar circumstance which gave ~ rise to anch obligation, provided, however, that this (~narantee Agree- - f ~ ment and the obligations of Continental hereunder shall in all other ; ~ respects remain in fnll force and effect. ~ s ~ 4. ~'Phenever the Companp is required pursuant to Paragraph - ~ 3(e) of the Lease to canse Continental to deliver to the Trustee a prom- ~ issory note or no~es of Continental, Continental agrees to delirer to the # ~ . i ~ r ~ ~ ~ ~ ~ k'~ ~ i ~ ~ ~~RY311 ~.,~:t-1~ • 'o~~o H~c~~os ~ ~ 13 ~ ~ 1423 ~ ~ 9~~ '