Common use of Change of Control Option Clause in Contracts

Change of Control Option. (a) In the event that there shall occur any Change of Control (as defined below) in respect of the Company, the 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 Company to purchase the Note on the Purchase Date (as defined below) at a purchase price that shall be equal to the sum of (i) the principal amount of the Note then outstanding, plus (ii) any and all accrued and unpaid interest on the Note to the Purchase Date plus (iii) the amount that would be payable by the Company under Section 3.6(c) in the case of a prepayment in full of the Note (the "Purchase Price").

Change of Control Option. (a) In the event that there shall occur any Change of Control (as defined below) in respect of the Company, the Lender Bank shall have the right, at its option exercisable at any time within six months following the Change Date (as defined below), to require the Company to purchase the Note on the Purchase Date (as defined below) at a purchase price that shall be equal to the sum of (i) the principal amount of the Note then outstanding, plus (ii) any and all accrued and unpaid interest on the Note to the Purchase Date plus (iii) the amount that would be payable by the Company under Section 3.6(c) in the case of a prepayment in full of the Note (the "Purchase Price").

Change of Control Option. (aA) In the event that there shall occur any Change of Control (as defined below) in respect of the Company, the Lender Bank shall have the right, at its option exercisable at any time within six months following the Change Date (as defined below), to require the Company to purchase the Note Notes on the Purchase Date (as defined below) at a purchase price that shall be equal to the sum of (i) the principal amount of the Note Notes then outstanding, plus (ii) any and all accrued and unpaid interest on the Note Notes to the Purchase Date plus (iii) the amount that would be payable by the Company under Section 3.6(c3.06(C) in the case of a prepayment in full of the Note Notes (the "Purchase Price").