Change of Control Option. (a) In the event there shall occur any Change of Control (as defined below) each Lender shall have the right, at its option exercisable at any time within six months following the Change Date (as defined below), to require the Borrower to purchase the Loans of such Lender on the Purchase Date (as defined below) at a purchase price which shall be equal to the sum of (i) the principal amount of such Loans then outstanding, PLUS (ii) any and all accrued and unpaid interest on such Loans and Fees to the Purchase Date (the "Purchase Price").
Appears in 3 contracts
Samples: Credit Agreement (Goodyear Tire & Rubber Co /Oh/), Credit Agreement (Goodyear Tire & Rubber Co /Oh/), Goodyear Tire & Rubber Co /Oh/
Change of Control Option. (a) In the event there shall occur any Change of Control (as defined below) each Lender shall have the right, at its option exercisable at any time within six months following the Change Date (as defined below), to require the Borrower to purchase the Loans of such Lender on the Purchase Date (as defined below) at a purchase price which shall be equal to the sum of (i) the principal amount of such Loans then outstanding, PLUS plus (ii) any and all accrued and unpaid interest on such Loans and Fees to the Purchase Date (the "Purchase Price").
Appears in 2 contracts
Samples: Credit Agreement (Goodyear Tire & Rubber Co /Oh/), Agreement (Goodyear Tire & Rubber Co /Oh/)
Change of Control Option. (a) In the event there shall occur any Change of Control (as defined below) each Lender shall have the right, at its option exercisable at any time within six months following the Change Date (as defined below), to require the Borrower to purchase the Loans of such Lender on the Purchase Date (as defined below) at a purchase price which shall be equal to the sum of (i) the principal amount of such Loans then outstanding, PLUS plus (ii) any and all accrued and unpaid interest on such Loans and Fees to the Purchase Date (the "Purchase Price").
Appears in 1 contract
Samples: Term Loan Agreement (Goodyear Tire & Rubber Co /Oh/)
Change of Control Option. (a) In the event there shall occur any Change of Control (as defined below) each Lender shall have the right, at its option exercisable at any time within six months following the Change Date (as defined below), to require the Borrower to purchase the Loans of such Lender on the Purchase Date (as defined below) at a purchase price which shall be equal to the sum of (i) the principal amount of such Loans then outstanding, PLUS (ii) any and all accrued and unpaid interest on such Loans and Fees to the Purchase Date (the "Purchase Price").
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