Common use of Acquisition, restructuring, reconstruction, etc Clause in Contracts

Acquisition, restructuring, reconstruction, etc. In the event the Issuer undertakes (without obtaining prior written approval of the Debenture Trustee in accordance with section 1(a) of Part C - Schedule VI) any acquisition or event of business restructuring (including but not limited to any scheme of merger, demerger, amalgamation, slump sale of assets), arrangement with banking/ non-banking financial creditors/ lenders, compromise or reconstruction, and which adversely affects or would adversely affect the ability of the Issuer to repay the Debentures and other Amounts Due in a timely manner in accordance with the terms of the Debenture Documents, each Debenture Holder shall have the right (but shall have no obligation) to require the Issuer, by issuing a written notice to the Issuer to redeem immediately but no later than 90 (ninety) days from the date of the said written notice all the Debentures held by such Debenture Holder together with all Amounts Due in relation thereto.